Indian adhesives manufacturing company Pidilite Industries is set to announce its quarterly results on Tuesday.
The company has a very uncanny resemblance to Asian Paints in its input cost profile as well as demand profile.
Here is what we should expect from the company today:
12.5 percent of total income growth is expected.
EBITDA margins are likely to decline as the EBITDA may fall by about 5-5.5 percent.
Net profit is likely to grow just by about 7-7.5 percent.
Pidilite management has constantly said that it aims and aspires for double digit volume growth. Hence, domestic volume growth could be between 8 percent and 10 percent.
Margins will compress owing to crude and currency.