SENSEX
NIFTY 50
Hang Seng
Taiwan Weighted
MCX GOLD FEB 05
MCX SILVER MAR 05
USD/INR
EUR/INR80.0630

SENSEX
NIFTY 50
NIFTY MIDCAP 100
S&P BSE MIDCAP
Hang Seng
Taiwan Weighted
DAX
Nasdaq
MCX GOLD FEB 05
MCX SILVER MAR 05
MCX CRUDEOIL FEB 19
MCX NATURALGAS JAN 25
USD/INR
EUR/INR
GBP/INR
JPY/INR

Closing bell: Sensex, Nifty end at record close; IT, auto stocks lead

Global Markets: Asia shares pare losses as China economy rebounds

Oil prices extend gains after US inventory drop

Wrapping 2020 with a subtle depreciation- What’s on the cards for the Rupee in 2021?

Earnings

Asian Paints Q4 results today: Analysts expect double-digit volume growth

Updated : May 09, 2019 08:27 AM IST

The key numbers to watch out for is 16 percent revenue growth on a consolidated basis at Rs 5200 crore

EBITDA is likely to grow 14 percent at Rs 958 crore.

Asian Paints will release its fourth-quarter earnings on Thursday and the street is expecting a double-digit volume growth on not so favourable base.

The key numbers to watch out for is 16 percent revenue growth on a consolidated basis at Rs 5200 crore. EBITDA is likely to grow 14 percent at Rs 958 crore.

Asian Paints' Q4 net profit is expected to rise 15 percent to Rs 570 crore. However, margins are likely to compress a bit at 18.4 percent versus 18.7 percent year on year.

Topline of 16 percent will be led by domestic volume growth of 10-12 percent, which would be the highest in the industry and the remainder would come in on account of realisation on back of 7 percent price hikes YoY. The realisation growth is expected to be around 4-5 percent.

Margins could be impacted due to titanium dioxide (TiO2) prices, which have increased by 13 percent. Also expect higher expenses on account of two plants that the company has started at Mysuru and Vizag.

You May Also Like

Farmer unions say will consider government's offer to suspend farm laws for 1.5 years

Farmer unions say will consider government's offer to suspend farm laws for 1.5 years

Indigo Paints IPO subscribed 1.24 times on day 1

Indigo Paints IPO subscribed 1.24 times on day 1

SC dismisses review petitions challenging Aadhaar verdict by 4:1 majority

SC dismisses review petitions challenging Aadhaar verdict by 4:1 majority

Trending on CNBC-TV18

Live TV

recommended for you