|
15 Apr 2025 |
Asian Paints
|
Consensus Share Price Target
|
2406.90 |
2450.56 |
- |
1.81 |
hold
|
|
|
|
|
13 Feb 2025
|
Asian Paints
|
Geojit BNP Paribas
|
2406.90
|
2441.00
|
2236.40
(7.62%)
|
Target met |
Hold
|
|
|
|
|
05 Feb 2025
|
Asian Paints
|
KRChoksey
|
2406.90
|
2341.00
|
2275.20
(5.79%)
|
Target met |
Hold
|
|
|
• For Q3FY25, APNT recorded revenue of INR 85,494 Mn, declined by 6.1% YoY (+6.5% QoQ), missing our estimates by 4.2%. • In Q3FY25, EBITDA declined by 20.4% YoY (+32.0% QoQ) to INR 16,367 Mn, beating our estimate due to lower than estimated operating expenses.
|
|
05 Feb 2025
|
Asian Paints
|
Prabhudas Lilladhar
|
2406.90
|
2123.00
|
2275.20
(5.79%)
|
11.80 |
Sell
|
|
|
|
|
05 Feb 2025
|
Asian Paints
|
Axis Direct
|
2406.90
|
2440.00
|
2275.20
(5.79%)
|
Target met |
Hold
|
|
|
With an upside of 4% from the CMP, we maintain our HOLD rating on the stock.
|
|
05 Feb 2025
|
Asian Paints
|
Sharekhan
|
2406.90
|
2475.00
|
2275.20
(5.79%)
|
2.83 |
Hold
|
|
|
APL’s Q3FY25 revenue growth was hit by multiple headwinds, while OPM came better than expectation. Consolidated revenues fell by 6.1% y-o-y to Rs. 8,549 crore owing to muted demand conditions, downtrading by consumers and a weak festive season.
|
|
05 Feb 2025
|
Asian Paints
|
Asit C Mehta Investment Interrmediates
|
2406.90
|
2715.00
|
2275.20
(5.79%)
|
12.80 |
Buy
|
|
|
Asian Paints’ Q3FY25 reported numbers were a mixed bag. Volume growth improved compared to the dip seen in the preceding quarter, while value growth took a further hit. On the other hand, EBITDA margin and net profit performance were better than estimated.
|
|
05 Feb 2025
|
Asian Paints
|
ICICI Securities Limited
|
2406.90
|
2200.00
|
2275.20
(5.79%)
|
Target met |
Sell
|
|
|
While there will be a favourable base starting from Q4FY25, Asian Paints is likely to post muted growth rates in CY25 considering: (1) The stress in urban markets is likely to continue. It has also resulted in downtrading impacting the profit pool.
|
|
04 Feb 2025
|
Asian Paints
|
Motilal Oswal
|
2406.90
|
2550.00
|
2354.35
(2.23%)
|
5.95 |
Neutral
|
|
|
Asian Paints (APNT) reported a weak 3QFY25. Its consolidated/standalone revenue declined 6%/8% YoY (in line).
|
|
29 Nov 2024
|
Asian Paints
|
Geojit BNP Paribas
|
2406.90
|
2701.00
|
2479.60
(-2.93%)
|
12.22 |
Buy
|
|
|
|
|
12 Nov 2024
|
Asian Paints
|
Axis Direct
|
2406.90
|
2700.00
|
2474.85
(-2.75%)
|
12.18 |
Hold
|
|
|
With an upside of 6% from the CMP, we maintain our HOLD rating on the stock.
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|
12 Nov 2024
|
Asian Paints
|
KRChoksey
|
2406.90
|
2566.00
|
2474.85
(-2.75%)
|
6.61 |
Hold
|
|
|
For Q2FY25, APNT recorded revenue of INR 80,275 Mn, declined by 5.3% YoY (-10.5% QoQ), which missed our estimates. In Q2FY25, EBITDA declined by 26.8% YoY (27.8% QoQ) to INR 12,395 Mn, which missed our estimates.
|
|
11 Nov 2024
|
Asian Paints
|
Sharekhan
|
2406.90
|
2779.00
|
2543.10
(-5.36%)
|
15.46 |
Hold
|
|
|
Asian Paints Limited’s (APL’s) Q2FY2025 performance was a miss on all fronts with consolidated revenue declining by 5% y-o-y, OPM lower by 480 bps y-o-y to 15.4%; adjusted PAT decreased 34% y-o-y. Decorative paints’ volumes decreased by 0.5%.
|
|
11 Nov 2024
|
Asian Paints
|
Motilal Oswal
|
2406.90
|
2650.00
|
2543.10
(-5.36%)
|
10.10 |
Neutral
|
|
|
Asian Paints (APNT) registered weak 2Q performance with a 5%/7% YoY decline in consolidated/standalone revenue.
|
|
22 Jul 2024
|
Asian Paints
|
KRChoksey
|
2406.90
|
2989.00
|
2946.05
(-18.30%)
|
Target met |
Hold
|
|
|
Asian Paints revenue missed our estimates due to subdued demand environment, and significant decline in the pricing. The EBITDA missed our estimate due to the increase in operating expenses and unfavourable product mix.
|
|
19 Jul 2024
|
Asian Paints
|
Geojit BNP Paribas
|
2406.90
|
3305.00
|
2946.05
(-18.30%)
|
Target met |
Buy
|
|
|
|
|
18 Jul 2024
|
Asian Paints
|
Axis Direct
|
2406.90
|
2930.00
|
2974.45
(-19.08%)
|
Target met |
Hold
|
|
|
With a downside of 1% from the CMP, we maintain our HOLD rating on the stock.
|
|
18 Jul 2024
|
Asian Paints
|
Motilal Oswal
|
2406.90
|
3150.00
|
2931.55
(-17.90%)
|
Target met |
Neutral
|
|
|
Asian Paints (APNT) posted 2%/3% YoY decline in consolidated/standalone revenue in 1QFY25.
|
|
18 Jul 2024
|
Asian Paints
|
Prabhudas Lilladhar
|
2406.90
|
2605.00
|
2931.55
(-17.90%)
|
Target met |
Sell
|
|
|
|
|
05 Jul 2024
|
Asian Paints
|
Sharekhan
|
2406.90
|
3385.00
|
2935.90
(-18.02%)
|
Target met |
Hold
|
|
|
We upgrade Asian Paints Ltd (APL) from Hold to Buy with a revised PT of Rs. 3,385. Stock trades at 51x/45x its FY2025E/26E EPS, which is a discount to its historical average, making risk reward favourable.
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|
13 May 2024
|
Asian Paints
|
KRChoksey
|
2406.90
|
3007.00
|
2879.25
(-16.41%)
|
Target met |
Accumulate
|
|
|
APNT recorded revenue of INR 87,308 Mn (-0.6% YoY/ -4.1% QoQ) for Q4FY24 due to declining demand and price cuts across product categories, missing our estimate. FY24 revenue rose 2.9% YoY to INR 3,54,947 Mn.
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