Paint Brands

Analysts turn bullish on Asian Paints as demand, margins show fresh colour

ICICI Securities, which had upgraded the Asian Paints stock in June 2025, said several tailwinds are now in place.

Is Sirca Paints your next growth stock? Choice says 'Buy', 25% upside eyed

Sirca Paints is well-positioned to capitalise on the long runway for growth of the premium Wood Coatings market in India

Berger Paints confident about strength in marketplace: MD & CEO Abhijit Roy

Berger Paints aims for ₹20,000 crore revenue by 2030, banking on network expansion, innovative products, and strong dealer relationships to hold its 20%+ market share

Asian Paints divests entire stake in Akzo Nobel India for ₹734 crore

The transaction, executed via the bulk deal mechanism at ₹3,651 per share, fetched Asian Paints approximately ₹734 crore

It's natural for JSW Paints, AkzoNobel India to merge ops: Parth Jindal

Parth Jindal says JSW Paints' acquisition of AkzoNobel India will strengthen decorative and industrial paint segments; Dulux, tech tie-up key to long-term strategy

Paint companies' stocks struggle to hold their colour amid growth fade

GLOSS OVER: No fresh coat of optimism from brokerages as demand stays patchy

Weak demand weighs on Asian Paints Q3; analysts see more pain in near-term

Asian Paints' consolidated net profit attributable to the owners of the company declined 23.3 per cent year-on-year (Y-o-Y) to Rs 1,110.5 crore in Q3FY25, down from Rs 1,447.7 crore in Q3FY24

Indian paint sector faces margin squeeze amid rise in competition: Report

The Indian paint industry, after witnessing robust growth in FY'22 and FY'23, is bracing for a challenging landscape marked by intensifying competition and margin pressures, according to a report. Revenue growth for long-established players such as Asian Paints, Berger Paints, Kansai Nerolac, Akzo Nobel, and Indigo Paints moderated to 4 per cent in FY'24, significantly lower than the 14-15 per cent CAGR recorded between FY'19 and FY'23, CareEdge Ratings said in its study. The decline was attributed to price cuts with softening raw material costs and an increasing share of lower-value products in the sales mix. While the volume growth remained high at over 10 per cent, the revenue moderation can be attributed to price cuts undertaken by the players to partly pass on softening raw material cost and change in product mix with a growing share of lower-value products," the report said. The revenue was further impacted in the first half of FY'25 (H1FY'25) due to stiff competition, genera

Not Asian Paints, Berger and Indigo Paints may shine in H2FY25, says Nuvama

The brokerage sees brighter prospects for these emerging contenders (Berger & Indigo) in the second half of FY25 (H2FY25), citing several headwinds for Asian Paints that could limit its growth

Price 'not only game' in paints industry; brand important: Berger CEO

Company has 'broad growth opportunities'; inflation worrying for industry: Abhijit Roy

Dulux owner AkzoNobel seeks sale of India unit amid growing competition

JSW Group, Adani Group, Aditya Birla Group, and Asian Paints Ltd have been approached as potential buyers for the deal

Dulux maker AkzoNobel misses Q3 forecasts as demand weakens in China

Its third-quarter revenue fell 3 per cent from a year earlier to 2.67 billion euros ($2.88 billion), below the 2.76 billion euros expected by analysts in a company-provided consensus

Berger to make sustainable paint stabilisers with RK Mission college tech

Berger Paints Ltd announced on Sunday that it will produce a stabilising agent for its paints using technology from a college run by the Ramakrishna Mission at Belur in West Bengal's Howrah district. The company has signed a technology transfer agreement to explore pilot-scale and subsequent industrial-scale production of green ammonia by an electrocatalytic method without using green hydrogen. "Currently, we procure stabilisers from external sources. But this technology of Ramakrishna Mission Vidyamandira, which has proven lab outcomes, is far more environmentally friendly and will also provide us with a cost advantage," Berger Paints MD & CEO Abhijit Roy told PTI. Ramakrishna Mission Vidyamandira is a residential autonomous degree college in Belur. This has nothing to do with green hydrogen production, he said. Green ammonia production involves a process of making ammonia that is renewable and carbon-free. One way of producing green ammonia is by using hydrogen from water ...

Grasim Industries paints Rs 10K cr sales target in 3 years for Birla Opus

Further, it aims to become the second-biggest player in the Rs 80,000 crore Indian decorative paints market, which is currently dominated by Asian Paints

Grasim gains 2%, hits record high on paint biz launch; Asian Paints dips 2%

The company will launch Birla Opus Paints Business and inaugurate three Birla Opus Paints plants at Haryana, Punjab and Tamil Nadu today on February 22, 2024.

Festivals, weddings may struggle to liven up paint firms' prospects

But lower commodity prices are likely to support margins

Nippon Paint announces acquisition of VIBGYOR Paints and Chemicals

After the acquisition, VIBGYOR Paints and Chemicals will become a division of Nippon Paint India, leveraging its resources and reach to further its growth and market leadership

Berger Paints expects margin stability amid rising crude oil prices

Berger Paints India Ltd, the country's second-largest paint manufacturer, does not foresee any significant impact on its profit margins despite the recent surge in crude oil prices, according to a senior company official. Production of paint heavily depends on crude-based derivatives which are used as raw materials. Berger said the current pain is mostly covered with its previous price increases and is not considering any further hikes in the festive season to push sales. However, if crude oil prices continue to remain elevated for a longer duration, the company anticipates a potential dip in profits compared to the first quarter levels. "If the prices remain at this level, which we expect, we see no immediate or significant impact going forward, except that profitability may be lower than in Quarter 1," Berger Paints Managing Director & CEO Abhijit Roy told PTI. Brent crude, a benchmark for India, has at one point of time surged to nearly USD 98 per barrel from USD 75 in July. It

Rising competition, valuations of paint majors on palette of worry

Berger Paints outperforms peers on sales and volume growth in Q1FY24

Indian paints, coatings industry estimated to grow to Rs 1 trn in 5 years

The size of the Indian paints & coatings industry is estimated to grow to Rs 1 lakh crore in the next five years from the present Rs 62,000 crore, said Akzo Nobel India. Besides, the margin for the paints & coatings industry will improve as in FY23, it witnessed softening of raw material prices from their previous highs, said the latest annual report of Akzo Nobel India, a leading player in the segment. "As raw materials account for approximately 55-60 per cent of the input costs, price corrections in crude oil and other essential components resulted in improved margins for the industry," it said. The industry has emerged as an attractive sector, by the entry of several new players in recent times, which are actively investing in infrastructure, technology, and marketing to establish their presence and capture a share of the market, it said. "This heightened competition has prompted existing players to further bolster their capabilities and differentiate themselves in order to