Q4 FY ‘18 was a dull quarter as far as Indian Paint Sector is concern. Almost all the companies (except one) have posted a weak set of numbers. Transition to GST and high raw material costs (crude oil) impacted the performance of business. As far as numbers are concern, only Berger Paints able to registered growth both in Revenues and Profits for the quarter ended on 31st March 2018. Market Leader Performance - Market leader Asian Paints reported 11.51% increase in its standalone Net
Browsing tag: Paint Sector
PAINT Sector: Q2 – FY 2017-18 was a mixed bag for the India Paint sector. Click here to see Q1 Results. For the numbers, 2 companies out of 5 able to registered improvements both in the Revenue as well as Profits in July to September quarter of 2017-18 as compared to same period last year (2 companies failed to do so) The Common Parameters for such Performance for the Sector are 1) The decorative business in India registered high single digit volume growth in Q2FY18 2) There was a
PAINT Sector: Q1 - FY 2017-18 was bad for the India Paint sector. Click here to see Q4 Results. For the numbers, 4 companies out of 5 able to register improvements in the Revenue in April to June quarter of 2017-18 as compared to same period last year (1 fails to do so) while only 1 company able to register growth in Profits and 4 other fails to do so. The Common Parameters for such Dismal Performance for the Sector are (1) an upward trend in material prices which had an impact on
PAINT Sector: Q4 was somewhat better for the Paint sector. Click here for Q3 Results. Though India’s decorative business registered low double-digit growth in Q4, all the three paint companies posted good performance as far as revenues are concern - thanks to the good demand conditions in auto OEM and general industrial business. As far as numbers are concern, the profits of 2 companies were up in the range of 10% to 18%, while revenues were up for all the in the range between 7% to
Paint Sector: Q3 was a mixed bag for the Paint sector. As far as numbers are concern, the profits of only two companies were down in the range of 3% to 6%, while revenues were up for almost all the companies. Market leader Asian Paint has posted a marginal increase in the profit as well as income for the quarter. "Kansai Nerolac" was the star performer in the sector for the quarter ended 31 December 2016, where the company showed 44% growth in profit and 9% growth in Revenue as compared to