Results to watch out for - Asian Paints, TVS Motor, Havells, Oberoi Realty

The results expected today include Asian Paints, TVS Motor Company, Havells India, Oberoi Realty, HDFC Standard Life Insurance Company, Reliance Nippon Life Asset Management.

Jan 22, 2019 08:01 IST India Infoline News Service

Quarterly Results
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. 

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