Berger Paints India · Analyst questions, management answers, and the quality of the response where the ledger is available.
ConCallIQ research layer
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Questions audited
8
Answered directly
69%
Numeric claims
5
Consistency
mixed
Question ledger
Misha · Research desk
directWe would expect that the second quarter revenue growth might be slightly ahead of first quarter revenue growth the volume growth will be somewhere around similar levels as quarter 1 slightly below maybe we were at 8 1/2 maybe it will be 7 and 1/2 to 8% approximately and a price increase which is there of varying from 7 and 1/2 to 8 and 1/2 9%.
Pyth · Research desk
partialNo no no no it is 8.4% 4% is the volume growth. 5% is the price increase impact. The mixed change is included in that you know overall volume growth... Mix doesn't improve by 2% to 3%. The improvement in mix is about 4 to 5%.
Ai · Aquari
partialWe should be able to maintain that we have as we said we are taking many initiatives from our side as well to grow the volumes one is of course the expansion in network itself the second is the branding campaign so overall some new product introductions a combination of all of these factors should help us to maintain the volumes and that's the objective and we don't see a downside risk there in terms of volume growth.
Anura · Research desk
directNot sequentially obviously because second quarter the value sales will be on the lesser side. So the operating margins are typically on the lower side. It is year on year that I am talking about. ... It mostly retail and project is similar project is slightly higher not substantially higher 1 2% higher than the retail growth rate so it's essentially really much more of retail.
Langua Jooshi · Research desk
evasiveThe figures are not available. So it's difficult to tell about the market share... As far as backward integration wherever possible and feasible and which makes economical sense for us we definitely look at those like for example in emulsions the entire emulsions are made by us in our factories. Similarly most of the resins are made by us.
Akshin Tucker · Research desk
partialThe competition remains intense as far as a challenger brand is concerned though they have raised their prices in dealer price list has been now equated to the industry at large but the rebating to some of the bigger dealers have gone up and at the same time the 10% free material continues. ... Volume growth improvement is on the back of two factors. One this quarter and last quarter June possibly last year was an absolute disaster because of excessive rains.
Adita Varta · Research desk
directThe essential difference is that we have a higher percentage of industrial business than them. It's almost 20% for us and in their case it might be much lower. It's primarily a decorative play for them. So what happens therefore is that there was a significant delay in the price increases that we got on the industrial business lines and that will come into effect in the second quarter.
Miha · Research desk
directPrimarily not because of the mix but because of the price decreases that had happened. Now if you look at it it has reversed because we are getting an 8 9% volume growth but a 13 to 16 14 15% value growth largely because of the price increase which is there. ... This is largely on account of if you see our cash balances have gone up right only that I mean and so out it's out of our treasury incomes.
