ConCallIQ
Go Pro
ASIANPAINT Consumer 26 Jul 2023

Asianpaint Ltd — Q1 FY24

Asian Paints reported a strong Q1 FY24 with 10% volume growth on a high base, driven by broad-based demand across geographies and segments.

bullish high
Compare with...
Revenue ₹9,182 Cr +7%
EBITDA
EBITDA Margin
Duration
Read Time 1 min read

✓ Verified against BSE filing

Risk Intelligence

Material risks this quarter

Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.

Risks

R

Raw material price resurgence

Crude oil at all-time high and some raw material prices rising could pressure margins if deflation reverses.

high · management_commentary
R

Weakness in luxury segment

Luxury paint segment underperformed in Q1, which could persist if consumer sentiment remains cautious.

medium · management_commentary
R

International business headwinds

Currency devaluation and economic crisis in Nepal, Bangladesh, and Sri Lanka impacted international profitability; recovery uncertain.

medium · management_commentary
R

Kitchen and bath business slowdown

Kitchen and bath segments saw degrowth due to high base and price increases; management expects improvement but risk of prolonged sluggishness.

medium · analyst_question