Stockrabit · Analysts
Questions across 2 calls

Manoj Menon

Firm not listed in source transcripts

Asian Paints Limited

Asian Paints Limited CC-Feb26.pdf · 2026-01-27
Hi team, just only one clarification if I may. So, the growth initiatives Amit and team are fairly impressive. The last couple of quarters you have been highlighting those granular 30 | growth drivers but just one big picture thought which comes to my mind is you being a 50% plus market share leader, what's been the reasons, for industry growth being so muted? What's your assessment? The context I'm asking this because, when I look at the last 20 years of paint industry growth, particularly the last 10 years, there appears a two-year pattern, two years good, two years muted. But going by that logic, the growth should have recovered this year. So, the question is, in a lot of activities done by you, a lot more media spends has gone into the market as well, thanks to the new player. What's your prognosis on why industry growth really not happening the way it should have? Thank you.
Thank you, Amit, for the granular and detailed response. Just one quick follow up if I may, when we look into next 12- 18 months, what is your confidence level 60- 70-80-90-100%, to say that you will end the next 12-18 months, with material market share gains? 31 |
Asian Paints Limited CC-Nov25.pdf · 2025-11-12
Hi team. Good to note, far higher disclosures on the activities which have been undertaken, and request please continue. Just one, one thing on those actions which you have taken, not really talking about macros and markets and industry growth, etc. If you could comment about anything which would have done in the last six months or one year with the dealers, you know, anything different versus in the past, that would be very helpful. That's one. The second question is any color over the last six, nine months in terms of your regional mix changes. What I'm trying to understand is in markets like Tamil Nadu, Karnataka, Kerala, where you are probably over indexed versus your national average. So, let's say how do I think about these parts of India, the growth for you, is it closer to the overall growth or is there a regional divergence and also on the product. Thank you and good luck.