Quarterly results that are expected today include Asian Paints
, TVS Motor Company
, Havells India
, Oberoi Realty
, HDFC Standard Life Insurance Company
, Reliance Nippon Life Asset Management
, Shree Cement
, ICICI Prudential Life Insurance Company
, RS Software (India), Rane (Madras), Syngene International, Agro Tech Foods, Aurionpro Solutions, Kirloskar Industries, Alembic Pharmaceuticals
, Vinyl Chemicals (India), Cupid, Bharat Gears, Banaras Beads, Visa Steel, Genus Power Infrastructures.
Here is the expectation for the companies:
Asian Paints Consensus expectations for Q3FY19E
Revenue - Rs4,855.5cr, up 14% yoy, driven by high-double digit growth in decorative paints segment coupled with two rounds of price hikes (2.3% in October and 1.5% in December 2018).
EBITDA – Rs937.5cr, up 5.2% yoy.
EBITDA margin – 19.3%, contraction of 161bps yoy, due to raw material inflation (Titanium Oxide price was up ~14% yoy in Q3FY19.
PAT - Rs590.1cr, up 6.4% yoy.