Paint Companies

Q3 could see weak volumes; hurdle for incumbents is new entrants in the sector

The company was scouting for a 40-50 acre-plot in Odisha, says Abhijit Roy, MD and CEO, Berger Paints

JK Cement latest entrant after JSW, Grasim, Astral Pipes and B2B marketplace Infra.Market; move aimed at driving synergies, leveraging distribution network, say experts

Sales performance in the festival season was muted; volumes expected to recover

Higher advertising costs and demand worries could put pressure on profitability

Listed paint companies could report over 30 per cent revenue growth year-on-year (YoY), aided by double-digit volume growth in decorative paints and cumulative gains from pricing action

Companies to post double digit volume growth in the quarter

Post demerger, Kamdhenu Ltd will continue to focus on steel business, while Kamdhenu Ventures Limited will expand the paints business

The rupee's free fall comes at a time when FMCG and paint companies have been battling higher raw material costs for over a year, and have been forced to go for multiple rounds of price hikes

That said, if JK Cement is able to achieve its guidance, it could potentially add nearly 5 per cent to its market-cap over the medium term, expects Emkay Global

Berger Paints India Ltd on Wednesday reported an eight per cent decline in its consolidated net profit to Rs 252.97 crore for the December 2021 quarter. The company had posted a net profit of Rs 274.98 crore during the corresponding quarter last year, Berger Paints India said in a regulatory filing. Its revenue from operations during October-December 2021 jumped 20.42 per cent to Rs 2,550.77 crore, compared with Rs 2,118.19 crore in the year-ago period. Berger Paints' total expenses stood at Rs 2,228.56 crore in December 2021, a 26.26 per cent jump as against Rs 1,764.94 crore a year ago. Shares of Berger Paints India Ltd on Wednesday settled at Rs 722.55 on the BSE, up 0.62 per cent from the previous close.

With the festive season round the corner, painting your walls can add a dash of colour. Sanitising them can lead to better health and hygiene

Though the situation remains "complicated", the paint industry essentially provides "growth potential" in view of pent up demand, Berger Paints has said

At present, JSW Paints has a market share of 1.5 per cent in the decorative segment and is targeting 3-4 per cent by the end of this fiscal

ONGC and GSPL have registered a breakout and may surge over 20 per cent in the coming sessions, charts show

Ability to penetrate distribution network and creating brand equity key challenges, say analysts

The Indian paint industry is valued at approximately Rs 54,500 crore and is expected to grow to Rs 97,100 crore by 2024, according to the estimates of Indsec Research

Indigo Paints is the fastest-growing paints company in India in terms of revenues, in a highly oligopolistic paint market.

The IPO comprises fresh issuance of stocks aggregating to Rs 300 crore and an offer-for-sale of up to 58,40,000 equity shares

Robust rural demand, pricing power to mitigate the risk of increase in input costs