Paints Industry: Xtra-ordinary Margin Expansion

Paints Industry: Xtra-ordinary Margin Expansion

  • Paints companies have reported Sales growth around 11%, However it translated into PBIDT growth of 22%.
  • These companies raw-material is closely linked with crude oil, and falling oil prices might have reduced their input cost, thereby increasing the margins.
  • Consolidated Profit of sector is up by 30%.

Paints_3QFY_16

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