Asian Paints Annual Report Analysis - Continue To Command Premium Valuations: Dolat Capital
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Dolat Capital Report
Over the years, Asian Paints Ltd. has transformed from being a product-centric to a consumer and service-oriented brand.
With an unparalleled dealer network of 70,000 plus, the company has been gaining market share in the domestic paint market as a leader, with product innovation being the hallmark of its strategy.
Despite the pandemic, the company exhibited a 7%/16% growth in revenue and net profit respectively.
Given the resurgence of Covid-19 cases, we expect paint and home -improvement demand to remain muted in the short term.
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