4 Takeaways from Asian Paints' Q4 Results

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  
Top Ad

Find Out

How to Find One Stock with Crorepati Potential? >> READ MORE

4 Takeaways from Asian Paints' Q4 Results

May 10, 2022

4 Takeaways from Asian Paints Q4 Results

Asian Paints, during market hours today, declared its March quarter results for the year ended 2022.

Shares of the company rose over 3% intraday ahead of its results.

Raw material prices are on the rise and market observers were keen to see what India's largest paint manufacturer has to report in its earnings.

Here are 4 key takeaways from the company's quarterly results.

  • Asian Paints reported a consolidated net profit at Rs 8.5 bn for the March 2022 quarter on account of a one-time loss witnessed in Sri Lanka business.

    The profit for this quarter was lower due to an exceptional loss of Rs 1.2 bn towards Sri Lanka business and expected delay in receivable subsidy from the government.
  • The paint manufacturer's revenue came in at Rs 78.9 bn, up 20.6% from Rs 65.4 bn that it had reported in the corresponding quarter last year.
  • The company's domestic decorative business grew strongly, registering 8% volume growth and 20% revenue growth on a high base. Meanwhile, international business managed to deliver double-digit revenue growth for the quarter despite severe challenges in key markets.
  • The company announced a final dividend of Rs 15.50 per share.

    The total dividend for the financial year ended 31 March 2022 aggregates to Rs 19.15, including the interim dividend paid last year.

Asian Paints share price opened the day up by 1% at Rs 3,038.3 on the BSE against its previous close of Rs 3,009.8.

Shares of the company extended gains as the session progressed and touched a high of Rs 3,137.9.

Asian Paints has a 52-week high of Rs 3,588.1 touched on 10 January 2022 and a 52-week low of Rs 2,521.6 touched on 11 May 2021.

Over the past one year, shares of the company are up around 21%. On a YTD basis, Asian Paints is down 10%.


About the company

Asian Paints is one of the most popular and best paint brands in India.

Set up in 1942, the Asian Paints group is the largest paint manufacturer in India also engaged in the business of manufacturing of varnishes, enamels, or lacquers, surfacing preparation, organic composite solvents, and thinners.

The company operates in 15 countries and has 26 paint manufacturing facilities in the world, servicing consumers in over 60 countries. It offers products through its various brands like Apcolite, SCIB, Causeway Paints, etc.

The company is also known for its supply chain strategy. Its supply chain is crucial in keeping the company competitive via delivering impeccable product quality and excellent service while maintaining costs.

Asian Paints brokered its first dealership at Sangli, Maharashtra. Since then, the number of dealers affiliated with Asian Paints has increased multifold. Today it has over 70,000 dealers.

You can also compare Asian Paints with its peers:

Asian Paints vs Berger Paints

Asian Paints vs Shalimar Paints

Asian Paints vs Indigo Paints

Asian Paints vs Kansai Nerolac

Asian Paints vs Akzo Nobel

Disclaimer: This article is for information purposes only. It is not a stock recommendation and should not be treated as such. Learn more about our recommendation services here...

Equitymaster requests your view! Post a comment on "4 Takeaways from Asian Paints' Q4 Results". Click here!


More Views on News

ASIAN PAINTS 2021-22 Annual Report Analysis (Annual Result Update)

Jun 8, 2022

Here's an analysis of the annual report of ASIAN PAINTS for 2021-22. It includes a full income statement, balance sheet and cash flow analysis of ASIAN PAINTS. Also includes updates on the valuation of ASIAN PAINTS.

Why Asian Paints Share Price is Falling (Views On News)

May 27, 2022

Here's why most of the paint stocks are under intense pressure these days.

4 Most Expensive Bluechip Stocks. Should You Sell? (Views On News)

Apr 29, 2022

These bluechip companies are trading at high valuations. What should be your course of action? Sell? Or hold?

4 Companies that Could Lose Big as Crude Oil Prices Head Higher. Should You Exit? (Views On News)

Apr 28, 2022

According to the World Bank, energy prices are expected to rise more than 50% in 2022 before easing in 2023 and 2024.

Top 5 Paint Stocks to Add to Your Watchlist (Views On News)

Mar 17, 2022

For the last two weeks, paint stocks have been correcting amid rising crude oil prices.

More Views on News

Most Popular

What Is Ebitda & Eps

Here's a breakdown of what EBITDA margin means and why it is important as a valuation metric for investors.

4 Sectors to Watch for Future Multibagger Stocks (Views On News)

Jun 17, 2022

With India's economic recovery accelerating, these sectors are likely to give multibagger returns in the future.

Why Tata Power Share Price is Falling (Views On News)

Jun 14, 2022

Here's why shares of Tata Power have fallen in recent days.

Is it Time to Start Buying Stocks Selectively? (Profit Hunter)

Jun 16, 2022

Some sectors have corrected by 50%. Do they merit a look?

Best Monopoly Stocks to Own in 2022 Views On News (Views On News)

Jun 18, 2022

Constant product innovation, latest technology, strong supply chain etc can all help companies enjoy monopoly like fortunes.


Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2022
Get our special report Multibagger Stocks Guide (2022 Edition) Now!
We will never sell or rent your email id.
Please read our Terms


Jun 24, 2022 (Close)


  • Track your investment in ASIAN PAINTS with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks