Berger Paints India Limited · NSE:BERGEPAINT
Berger Paints India — J.P. Morgan investor conference 2023
19 slides from Berger Paints India's conference presentation, May 25, 2023
Slide 1: Exchange cover letter for presentation
25 111 May, 2023 STO K. EX i/ A i/ _(L. --4 The orpomtc Rclntionship The Listing Department Listing Department Dcpartmcnt Nntional Stock Exchange of The Culcutta Stock USE Limitc:d. lndin Limited Exchange Ltd. I�, Floor. Exchange Plaza, 5111 Floor, 7 Lyons Range, Phirozc Jeejccbhoy Towers, Plot No.-
Slide 2: Berger Paints India Ltd. Corporate Presentation
Berger Paints India Ltd. Corporate Presentation May 25, 2023
Slide 3: Berger India Group - Corporate Profile
Berger India Group- Corporate Profile • Berger Paints India(BPIL) Ltd started it’s journey in India in Dec 1923. Gone through three ownership changes. Current owners have been there from 1991 • BPIL is the 2nd largest paint company in India having operations in Poland, Nepal and Russia , with a reve
Slide 4: Growth Path in last two decades
Enduring Success,Consistent Growth Growth Path in last two decades Revenue : Rs 490 crs Operating Profit : Rs 44crs 22X Sales Growth in 22Yrs; GDP growth in these 22 years - 7X 33x Operating Profit Growth in 22 Yrs Revenue : Rs 10,568 crs Operating Profit : Rs 1,487 crs 22 years CAGR Revenue : 15.0%
Slide 5: FY23 Consolidated growth and market share gain
3 Year FY23 Growth% Consol > 10 k CAGR % Gained MS Revenue 20.6 18.4 Operating 14.1 11.9 Profit
Slide 6: Market Share
Market Share Market Share 19.3 19.0 18.6 18.4 18.3 18.0 18.0 17.7 17.7 17.5 17.5 17.5 FY 12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 Market Share percentage calculated on 6 listed paint companies
Slide 7: What does the future hold?
What does the future hold? 6
Slide 8: Five Transformational Changes in Indian Economy impacting Paint Industry
FIVE Transformational Changes in Indian Economy impacting Paint Industry Digitization Formalization Infrastructure Sustainability Urbanization JAM-Jan Dhan, GST-Goods & Road Solar Power & Migration to Aadhar, Services Tax Network Renewable large cities Mobile Energy Growth in Waste affordable UPI De
Slide 9: Our Growth opportunities
Our Growth opportunities
Slide 10: Decorative Business
Decorative Business • Build on existing strength - Company has approximately Network 40000 retailers Expansion - Plan to add 8000 retail touchpoints in FY24 • Increased spend on branding,% to sales more or Brand less at similar level Building • Focus on digital side of advertising Product • Several
Slide 11: Protective & General Industrial Coatings Business
Vande Bharat Bogie Rameswaram Protective & General Industrial Coatings Business • We are market leaders in Protective Coatings business in India • Protective Coatings business crossed INR 1000 cr in FY23 for the first time Railway Wagon • General Industrial business along with subsidiary SBL Special
Slide 12: Construction Chemical and Waterproofing Business
Construction Chemical and Waterproofing Business • Dominant player in Construction chemical business • Along with subsidiary STP Ltd. Recorded revenue of about Rs 1000 cr in FY23 • Growing at a robust pace • Company provides the whole range of products along with scientific waterproofing solutions
Slide 13: Range of Construction Chemical Products
ADMIXTURE TILE ADHESIVE GROUTs & ANCHOR REPAIR PRODUCTS RANGE OF CONSTRUCTION CHEMICAL PRODUCTS WATERPROOFING CEMENTITIOUS PRODUCTS
Slide 14: Investing in a sustainable future: ESG Initiative
Investing in a sustainable future : ESG Initiative Workplace health and safety Employee wellness Adoption of green initiatives technology – Low VOC Workmen compensation Reduction of Carbon policy footprint – Environment Social Encouraging local Solar/Biofuels employment Waste reduction
Slide 15: Investing in a sustainable future: ESG Initiative
Investing in a sustainable future : ESG Initiative JAMMU • All our manufacturing units are equipped with roof top solar SANDILA NALTALI power projects VVN RISHRA • Newly commissioned Sandila plant is capable of running JEJURI HINDUPUR entirely on solar power through 2 MW capacity rooftop solar GOA p
Slide 16: Improving financial health: Debt Position
Improving financial health : Debt Position Net debt (Rs Crs) 974 470 268 We expect to get net cash Mar FY22 Sep FY23 Mar FY23 positive by end of FY24
Slide 17: Rewarding shareholders: Dividend Trend
Rewarding shareholders : Dividend Trend(%) 310 320 280 220 180 190 165 175 125 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23
Slide 18: Confident outlook for the business
Confident outlook for the business FY 28 : 2.6 bn USD Berger Track record Company confident to 3 years CAGR : 18.4% double its revenue in 5 years at 14.5% CAGR 5 years CAGR : 15.4% 22 years CAGR : 15.0% FY 23 : 1.3 bn USD
Slide 19: Thank you
Thank you
Berger Paints India — J.P. Morgan investor conference 2023 on 6ix