Asian Paints Annual Report Analysis -  Continue To Command Premium Valuations: Dolat Capital

Buckets of Asia Paints Ltd. paint at a store in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg).

Asian Paints Annual Report Analysis - Continue To Command Premium Valuations: Dolat Capital

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

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.

Click on the attachment to read the full report:

Dolat Capital Asian Paints Annual Report Analysis.pdf

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