Berger Paints (I) · Analyst questions, management answers, and the quality of the response where the ledger is available.
ConCallIQ research layer
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Questions audited
12
Answered directly
83%
Numeric claims
3
Consistency
contradicted
Question ledger
Mihir Shah · Nomura
directMuch of the price cuts, one price cut happened in the month of November, and then, you know, January, with January, the bulk of it happened. Out of this 5%, you know, 4.5% would have happened between, you know, primarily happened mostly in January, and then that 1% happened in the month of November.
Mihir Shah · Nomura
directThere was some amount of destocking which happened, because there was an anticipation that prices might drop. Now that they are relatively clear, they will buy normal stocking will happen. And therefore, you know, in the first quarter, we do not expect destocking to continue, in the luxury products.
Tejas Shah · Spark Capital
partialThere will be some improvement there, you know, because, you know, last year, you know, we had spent substantially more in advertisement, you know, on promotion expenses. That, I think, will somewhat normalize this year.
Tejas Shah · Spark Capital
directWe are targeting about 8,000 new Color Bank machines to be installed this year in FY 2025. Last year, we had done about 7,100. We want to increase it further to 8,000 machines.
Tejas Shah · Spark Capital
directYes, you can expect that. That will also be beneficial for us because, you know, I'm sure you know, we have already reached about now 48-50, and which we should be able to hold on in the month of April... I think over the year, on an average, we should be around that 50% level, so better utilization of Sandila plant, and that should result in some savings coming in.
Abneesh Roy · Nuvama
directI don't see any major change happening in terms of the growth rate. You know, which means that the volume, double-digit volume growth which we registered in quarter four, should continue as far as quarter one is concerned.
Abneesh Roy · Nuvama
partialI think, you know, we are more comfortable now than what we were there. We were more anxious, you know, earlier. I think, you know, after two months, you know, I think, we are gearing down to the thought that this is a competition which is serious, but, you know, it has not started impacting us in a strong way as of now.
Avi Mehta · Macquarie
directSo I indicated that we will have a double digit and, you know, slightly below that double digit number... in terms of the value growth. That's where, you know, so mid-single digit is where we will be possibly in terms of the value growth till December.
Avi Mehta · Macquarie
directWe will still remain in that range, you know. We won't change our guidance. We will remain in that 15%-17% range.
Avi Mehta · Macquarie
declinedNo, I don't have those numbers with me, and I don't think, you know, I'll be able to tell you at this stage.
Harsh Shah · Bandhan
directI don't think anything has changed, you know, in terms of rebating. Historically, whatever has been there continues as far as rebating is concerned.
K.G. Lakshminarayanan · Tunga Investments
directAbout 8%, you know, which comes from the project business, you know, it's been growing slightly ahead of retail. Not significantly ahead, but slightly ahead of retail, in terms of value growth.
