Aditya Kondawar
Aditya Kondawar

@aditya_kondawar

5 Tweets Dec 20, 2022
Asian Paints Q2FY23 Review -
- Revenue up 20% to Rs 8431 cr
- EBITDA up 43% to Rs 1223 cr
- Net profit up 33% to Rs 804 cr
- OPM and NPM are up YoY, down QoQ
- Gross margins are up YoY, Down QoQ
- Borrowings of 1000 cr as of H2FY23 v/s 770 cr as at FY22
- Cash Flows - H2HY23 CFO at 1336 cr v/s -580 cr in H2FY22 | FCF at 907 cr v/s -837 cr
- Dividend - interim dividend of Rs. 4.40 (record date 1st Nov and payment on or after 10 Nov 2022)
- The domestic Decorative business showed resilience to deliver a double-digit volume growth and healthy value growth despite subdued demand conditions, impacted by the extended monsoon
- Series of calibrated price increases to offset the impact of increased inflation on margins
- International: Sales increased 15.3% to ₹ 806 Cr from Rs 699 Cr. PBT was ₹ 43.48 Cr in Q2 FY’23 v/s loss of ₹ 16.74 Cr
- Bath Fittings: Sales up 11% to ₹ 101.77 Cr v/s ₹ 91.77 cr. PBT was ₹ 0.24 Cr v/s ₹3.3 Cr YoY
- Kitchen business: Sales up 14.2% to Rs 117.83 cr v/s ₹ 103.15 Cr. PBT loss was ₹ 4.30 Cr v/s profit of ₹ 0.25 Cr YoY
- Industrial business: APPPG Sales are up 25.4% to 225 cr v/s 179 cr. PBT was ₹ 13.65 crores v/s ₹ 4.84 Cr YoY
No reco.

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