India's Asian Paints dip of Q4 results, contrasting rivals

JSW Dulux

08/05/2025 07:58

** Shares of Asian Paints ASPN.NS 0.3% lower ahead of Q4 results, while rivals are flat to higher

** Analysts expect revenue to be flattish due to weak product mix, leading to a 14% drop in profit, per LSEG data

** Higher ad spend due to competition and costlier raw materials to hurt margins, analysts say

** Paint companies, overall, face weak demand

** Kansai Nerolac KANE.NS posted a surprise drop in Q4 profit

** Analysts on avg rate Asian Paints, Nerolac and Berger BRGR.NS "hold"; Akzo Nobel India AKZO.NS is "buy" -LSEG

** Nerolac shares flat on the day, Berger and Akzo Nobel slightly higher

** YTD, Asian Paints up 2%, while Berger has jumped 22%; on flip side, Akzo is down 2% and Nerolac ~4%

 (Reporting by Aleef Jahan in Bengaluru)

 ((aleefjahan.cs@thomsonreuters.com))