Building Materials - EXIM Trades Firm Up
Tiles exports soared to an all-time high of INR 17.6bn in Mar-23Owing to weak H1FY23 (muted demand environment), overall tiles volume grew by 3%...
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Building Materials: Mixed signals across different segments
Tiles exports continue to be strong since Nov 2023 at ~INR 14-15bn monthly run-rate. Laminates export volume was weak (-13% YoY/ flat MoM)
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Building Materials - Mixed Trends Across the Three Segments
In Q4FY23, our coverage universe’s revenue/EBITDA/APAT is expected to decline by 2/8/15% YoY respectively. We estimate tiles majors to report...
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Building Materials: Multiple tailwinds for a cheerful new year!
This report covers 15 major building material companies within the three categories of wood panel, tiles, and plastic pipes
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Building Materials (Q2FY23 Results Preview): Both tiles and pipes under pressure
In Q2FY23, we expect tiles volume to increase QoQ on good demand while we expect pipes demand to remain weak, owing to sharp fall in resin prices,...
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