Skip to main content

Posts

Asian Paints vs Berger Paints- Analysis

  Quality of Business Asian Paints has the highest profit margins when compared to its peers. It is working at 20% net profit as of March21 as compared to 14% of Berger Paints. The contribution to the profit pool is 4 times the Berger paints and 2 times of the top 5 listed companies in this industry. Return on investment is 24% of Asian paints as compared to 21% of Berger paints. Revenue has been growing at a CAGR of 8.9% as compared to 9.5% for Berger paints and Operating margin at 20% as compared to 16.5% for Berger paints in the past 3 years. Asian Paints having a COGS of 78% with decreasing trend every year of 1% as compared to 83% of Berger paints with average being maintained at 83%, no doubt is going to increase profit at the same pace. Along with this, international business is 4 times that of Berger paints contributing 11% to total sales as compared to 7% for Berger paints. On the other hand, Berger paints have 20% sales coming from Industrial Coatings while Asian paints have
Post a Comment
Read more
Recent posts

Paint Industry:-Analysis

Global   The global market volume of paint and coatings amounted to nearly ten billion gallons in 2019. In 2020, the global paint and coatings industry was estimated to be valued at  some 158 billion dollars . USA The U.S. paints and coatings market size was valued at USD 24.2 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 3.7% from 2020 to 2027 The architectural and decorative segment led the market and accounted for more than 57.0% share of the overall revenue in 2019. Rising infrastructure spending in the U.S. is expected to potentially fuel the growth of the construction industry over the forecast period.  The acrylic segment led the market and accounted for more than 42.0% share of the overall revenue in 2019. This is attributed to its high demand from infrastructure, automotive, paints and varnishes, and paints and metal coating applications. China Since 2013, Chinese total paint production has accounted for more than one-third of the world
1 comment
Read more

Textile Sector In India:- An Overview (Part-1)

Facts   India’s textile industry contributed seven percent of the industry output (in value terms) in FY19. It contributed two percent to the GDP of India and employed more than 45 million people in FY19. The sector contributed 15 percent to India’s export earnings in FY19. The Indian government has come up with a number of export promotion policies for the textile sector. It has also allowed 100 percent FDI in the sector under the automatic route. The textiles and apparel industry can be broadly divided into two segments - yarn and fiber and processed fabrics and apparel.  Growth in demand is expected to continue at 12 percent CAGR to reach US$ 220 billion by 2025. India is the world's second-largest exporter of textiles and clothing. Increased penetration of organized retail, favorable demographics, and rising income levels is likely to drive demand for textiles. Post COVID-19 Scenario Due to the pandemic, businesses and supply chains are witnessing a drastic shift from tradition
Post a Comment
Read more

Mark to Market " Banking Sector at Mess"

Market transactions by staff routine activity say RBL Bank as stock tanks 12% The total employee holding in the bank stood at around 3.46 crore shares as on 23 August, with over 25% of employees holding shares The bank's management had indicated possible corporate slippages to the tune of ₹1,000 crore in the coming quarters, during its Q1 results commentary A ‘priority sector’ problem brewing for YES Bank? The lender is said to have an exposure of about Rs 500 crore on account of loans to CCD. Most banks with exposure to the group said a significant portion of the debt was paid after Siddhartha sold his stake in IT services firm Mindtree for Rs 3,200 crore. But it’s not known how many banks individually loaned the company. Sources in the know said the loans were backed by the plantations and real estate.
2 comments
Read more

Mark To Market IDBI in trouble

S&P places IDBI Bank on credit watch negative owing to the capital breach IDBI was found in breach of its regulatory capital requirements after a substantial loss in the first quarter of fiscal 2020 However, the rating agency believes the breach is temporary
1 comment
Read more

Mark To Market: Defaults!!

DHFL defaults on Rs 1,571 crore bond payments The company is estimated to be sitting on a debt-pile of over Rs 90,000 crore. DHFL has defaulted on its financial repayment obligations worth Rs 1,571 crore with regard to the issuance of bonds and commercial papers The non-banking financial company (NBFC) has defaulted on Rs 46.92 crore towards interest amount on secured NCDs (9.92 percent and 9.40 per cent/10 year tenor); on NCDs issued through a public issue for multiple tenors of amount involving the interest of Rs 363.77 crore and the principal amount of Rs 1,059.91 crore. CG Power ’s disclosure of accounting lapses is the latest in a series of governance and accounting scandals that have hit India Inc. over the past year, increasing scrutiny over not just the promoters of the companies but also independent directors, auditors, and regulators.
1 comment
Read more

Mark to Market : Economic Boom !!

Exports up 2.25 percent in July; trade deficit narrows to a four-month low The trade deficit in July 2018 stood at USD 18.63 billion. The previous low was in March 2019, when this gap was at USD 10.89 billion. Gold imports declined 42.2 percent to USD 1.71 billion in July. Oil imports fell 22.15 percent to USD 9.6 billion, while non-oil slipped by 5.92 percent to USD 30.16 billion. Export sectors that showed positive growth in the last month included chemical, iron ore, electronics, marine products, and pharmaceuticals.
Post a Comment
Read more