Page 16 - Asian Paints

Asian Paints: Benefits of lower GST in Q2 come at cost; volumes surge 12%

High cost pressure led to 15% fall in net profit

Paint stocks loose sheen after weak Q2 results; Asian Paints falls 6%

Kansai Nerolac Paints hit a fresh 52-week low of Rs 367, down 6%, extending its 6% fall on Monday; while, Berger Paints India and Shalimar Paints were down 7% and 5%, respectively.

Strong volume growth for Asian Paints in FY19 on improved rural demand

What the Street will keep a watch out for is the ability of the firm to pass on higher raw material costs

Asian Paints: Rural demand revival, new capacities should drive volumes

Things are now getting better even in the hinterland, led by normal monsoon, upward revision in minimum support price for kharif crops, and improvement in rural infrastructure

Strong volumes add colour to Asian Paints: Top line up 15%, net profit 30%

How the company protects its margins going ahead would be interesting to watch

Asian Paints hits new high ahead of Q1 results; up 17% in the last month

Asian Paints hit a new high of Rs 1,473, outperforming the market by gaining 17% as compared to 3% rise in the S&P BSE Sensex.

Asian Paints hits all-time high post Q4 results

The stock hit an all-time high of Rs 1,279, up 5% on the BSE in early morning trade, surpassed its previous high of Rs 1,261 touched on September 14, 2017 on the BSE in intra-day trade

Asian Paints' performance for Q4 offers some pleasant surprises

Price hikes and control over costs lead to highest gross margins in four quarters

Asian Paints Q3 net up 16% at Rs 5.67 bn on growth at international markets

Total income during quarter under review stood at Rs 43.17 billion as against Rs 43.15 billion in Oct- Dec period last fiscal

Asian Paints' volume growth suggests demand is back

A strong recovery in volume growth in the domestic decorative paints business from demonetisation blues was a key highlight of Asian Paints' results for the March 2017 quarter (Q4). After growing between 11 and 15 per cent in the previous four quarters (see chart), volume growth decelerated sharply to a dismal two per cent in the December 2017 quarter due to the demand softness caused by the cash crunch arising from note-ban. For Q4 as well, analysts were expecting this metric to grow between 4 to 8 per cent. But, the metric has come at an estimated 10 per cent, reflecting the strength in consumption demand. Strong rebound in volumes though was accompanied by some softening of realisations as well as lower growth in international revenues, which in turn led to a year-on-year growth of 7.8 per cent in consolidated revenues to Rs 3,952 crore, lower than Bloomberg consensus estimate of Rs 4,210 crore. Rising input cost inflation had a bearing on the company's EBITDA margin, which ...

Asian Paints Q3 profit up 1.5% to Rs 489 cr

It had posted net profit of Rs 482.02 crore in the Oct-Dec quarter of previous FY

34 stocks hit 6-month lows

BF Utilities, Blue Dart Express, Gujarat Pipavav hit 52-week lows

Paints stocks extends fall; Asian Paints, Shalimar Paints down over 6% in two trading days

Asian Paints, Berger Paints India, Shalimar Paints and Kansai Nerolac were down between 2% and 4% on the BSE.

Asian Paints firing on all cylinders

All-round growth in Q2, along with healthy prospects, to support high valuations

Paint stocks in focus; Asian Paints, Kansai Nerolac hit record high

Asian Paints, Berger Paints, Kansai Nerolac and Shalimar Paints were up between 1% and 4% on the BSE

Why Asian Paints is an outlier in FMCG space

All-round focus and strong distribution has ensured that the paints major has consistently delivered double-digit volume growth for a few quarters now

YES Bank, Axis Bank, Asian Paints hit 52-week highs

LIC Housing, Dewan Housing, Shree Cement, Trent, Sundram Fasteners and Shriram City Union Finance hit 52-week highs.

Asian Paints to increase production to 2,00,000 KL per annum in Tamil Nadu

Asian Paints Limited is planning to increase its manufacturing capacity to 2,00,000 KL per annum at its facility in Tamil Nadu. The company did not disclose the investment details.In an announcement to Exchange that the company is proposing to increase its water based paint manufacturing capacity at its plant situated at Sriperumbudur, Tamil Nadu from 1,40,000 KL per annum to 2,00,000 KL per annum, subject to necessary approvals.Further the Company is also proposing to alter its product mix to augment the manufacturing capacity of synthetic resins and emulsions at its manufacturing facilities at Ankleshwar, Gujarat, by around 35000 MT , subject to necessary approvals. The details of the capital expenditure for the aforementioned expansion would be intimated on receipt of necessary approvals from the regulatory authorities, said the company.Ends

Asian Paints hits fresh record high on robust Q1 earnings

Consolidated net profit for the June quarter was up 19% at Rs 553 crore compared with Rs 466 crore in the same quarter last year

Asian Paints, Berger Paints, Kansai Nerolac trade firm in a weak market

Asian Paints, Berger Paints and Kansai Nerolac were up nearly 2% each as compared to 0.32% fall in the Nifty 50.