
Stiff competition hurts paint companies’ profitability; more pain in the offing
Source: Live Mint Competition in India’s paints sector is becoming cut-throat amid subdued demand. To protect their market share, incumbent paint companies are enhancing brand visibility and distribution, hurting the sector’s profitability. The aggregate Ebitda margin of five key listed paint makers fell year-on-year for the fifth consecutive quarter in Q4FY25, showed IIFL Securities data. The…