Leading paint manufacturers expect double-digit growth to continue into the festive season even as they push through fresh price increases to offset input cost pressures, and the fierce competitive intensity across price segments in the sector shows no signs of easing.
Asian Paints, Berger Paints, Kansai Nerolac and JSW Dulux expect sustained demand from housing, infrastructure and automotive sectors, though they also remain wary of uncertainty in crude-linked raw material costs amid geopolitical tensions as the bulk of their production costs rely on petroleum-derived resources.
Berger Paints and JSW Dulux projected double-digit growth and Asian Paints guided for 8-10 per cent volume growth for FY27.
The top leadership of the leading listed paintmaker in their latest earnings calls reported healthy growth in the June quarter and indicated that price hikes taken during the first quarter will continue to support revenues in the coming months.
Asian Paints Managing Director and CEO Am
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