Paint majors face near-term margin pressure amid rising crude costs
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Paint companies are facing margin pressure due to rising crude and gas prices, leading to price hikes. Asian Paints has announced increases of 6-8% effective mid-April, while Berger Paints and others have also raised prices. Analysts expect demand to remain stable despite these hikes, with Asian Paints reporting 4% revenue growth in Q3FY26. Kansai Nerolac is seeing faster growth in auto and industrial segments. Berger Paints anticipates recovery with double-digit volume growth in FY27. A contrarian view suggests potential buying opportunities in the paint industry as competitive intensity may ease.
Source: Business Standard The copyright of this article belongs to the original author/organization.
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