Petrochemical | 13 February 2021
Kansai Nerolac’s performance lags leader: HDFC Securities
Among subsidiaries, Marpol and Perma grew in high double digits.
Among subsidiaries, Marpol and Perma grew in high double digits.
The Cabinet Committee on Economic Affairs accorded approval to the proposal of the Department of Fertilizers for Grant-in-aid of Rs.100 crore to BVFCL
The company expects a strong first quarter of 2021 with net sales between $3.75 and $3.85 billion.
Berger Paints India has posted net profit of Rs.511.15 crores for the 9 months period ended December 31, 2020.
The company posted net profit of Rs.7.32 crores for the quarter ended December 31, 2019.
AT growth mirrored EBIT growth at 19% excluding exceptional income in previous year
The company posted net profit of Rs.4.47 crores for the period ended December 31, 2019.
The demand for phthalic anhydride in domestic market is expected to increase.
The company posted net of Rs.70.97 crores for the period ended December 31, 2019.
Sumika Polymer Compounds Poland Sp.z.o.o. (SPCP) will start commercial production in the spring of 2022
The company posted net profit of Rs.2.30 crores for the period ended December 31, 2019.
The company posted net profit of Rs.1776.35 crores for the period ended December 31, 2019.
The company posted net profit of Rs.144.74 crores for the period ended December 31, 2019.
The company also confirmed annual profits of $10.67 million.
Gulf Oil Lubricants India has posted net profit of Rs.140.30 crores for the 9 months period ended December 31, 2020.
Gulf India will become a shareholder with CGF and GOI in Indra, alongside OVO Group.
Crude throughput grew as utilisation across refineries was at full capacity in Q3.
ICICI Securities expect Kansai to benefit due to recovery in automotive sector and likely market share gains due to usage of powder coating instead of liquid paints.
ASTRA's standalone revenue/PBT to grow at 17.2%/33.1% CAGRs respectively, over FY20-FY23E.
SIL enjoys 12% share in material handling, 15-55% share in many of its packaging product, and 13% share in plastic furniture (second largest in India).
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