ASIAN PAINTS (FY'23-24)🛢 MD&A Summary

Company logo

Asian Paints has faced a toughed year due to global issues like Geopolitical tension in between Iran- Israel followed by Ukraine-Russia, and Inflation.

Rural Market hasn't performed well due to the rising prices. but still manages to preform well by by focusing on Strong Economy.

1. Decorative Paint: is the Bread and butter, sold good no's of pain in both premium and budget ranges. Budget range did especially, since it makes more affordable to buy for middle class

   
   

   

   Image Source: Company website

   
   

2. Industrial Coating: After partnering with US Company, PPG Industries for improving industrial products. this has helped the Co. to grow in areas like Car Paints and and Protective coatings for building.

   
   

   

   Image Source: Company website

   
   

3. Home Decor: This segment is not just about paint anymore, they are just expaning beyond walls, helping customers to decorate entire home (its more of from Kitchen Cabinets-Fancy lightining)

   
   

   

   Image Source: Company website

   
   

   MD&A Summary is taken by using Company Annual Report FY23-24