Street is expecting stellar set of numbers from Asian Paints on a very weak base. The stock is trading within 3 percent from its all-time high.
The three key numbers to watch out from Q1FY22 is 90 percent jump in revenues at Rs 5550 crore, which comes on a very favourable base. For EBITDA the street is expecting Rs 1105 crore and comparing with the base it would be a big jump of 130 percent. The net profit is expected to be at Rs 720 crore.
Domestic volume growth is seen between 95-100 percent.For more details, watch video