Fwd: Paints Industry: Xtra-ordinary Margin Expansion

https://indiaequityanalysis.wordpress.com/2016/02/10/paints-industry-xtra-ordinary-margin-expansion/

Paints Industry: Xtra-ordinary Margin Expansion

• Paints companies have reported Sales growth around 11%, However it translated into PBIDT growth of 22%.
• These companies raw-material is closely linked with crude oil, and falling oil prices might have reduced their input cost, thereby increasing the margins.
• Consolidated Profit of sector is up by 30%.

https://indiaequityanalysis.wordpress.com/2016/02/10/paints-industry-xtra-ordinary-margin-expansion/

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