Jsw Dulux Ltd · NSE:JSWDULUX
Jsw Dulux — AkzoNobel India — Shareholder Meeting (August 2014)
30 slides from Jsw Dulux's shareholder meeting presentation, Aug 11, 2014
Slide 1: AkzoNobel India – Annual General Meeting
AkzoNobel India – Annual General Meeting Kolkata August 11th, 2014
Slide 2: Welcome to AkzoNobel India
Welcome to AkzoNobel India AkzoNobel India Limited | Annual General Meeting | August 2014 2
Slide 3: Presentation Flow
Presentation Flow 1. About AkzoNobel 2. AkzoNobel in India and our Businesses 3. Changing Business Environment 4. ANIL Strategy and Values 5. ANIL Performance 6. Summary AkzoNobel India Limited | Annual General Meeting | August 2014 3
Slide 4: Presentation Flow
Presentation Flow 1. About AkzoNobel 2. AkzoNobel in India and our Businesses 3. Changing Business Environment 4. ANIL Strategy and Values 5. ANIL Performance 6. Summary AkzoNobel India Limited | Annual General Meeting | August 2014 4
Slide 5: About AkzoNobel
About AkzoNobel • Leadership positions in many markets • 49,560 passionate employees • Strong brands, both in consumer and industrial markets • Major producer of paints, coatings and specialty chemicals • Revenue €14.6 billion • 44% revenue from high growth markets AkzoNobel India Limited | Annual G
Slide 6: AkzoNobel Global Strategy and Measures of Success
AkzoNobel Global Strategy Strategic focus areas Processes Actions End-user segmentation • Care for the customer • People, process and • Deliver dependably • Buildings and Infrastructure • Reduction of product and product safety • Grow organically • Transportation process complexity • Operational • I
Slide 7: AkzoNobel Global Results
AkzoNobel Global Results € million FY 2013 H1 2014 Revenue 14,590 7,093 Operating Income 958 569 Ratio, % FY 2013 H1 2014 Return on sales 6.6 8.0 Return on sales excluding incidentals and PIP cost 8.5 9.3 Return on investment 9.6 10.1 AkzoNobel India Limited | Annual General Meeting | August 2014 7
Slide 8: Continued Growth with Our Plan
Continued Growth with Our Plan Profitable growth (improvement in ROS) - Volumes up in emerging markets - Operating margins continue to be on an upward trend Innovations to fortify market position - Human Cities initiative - “Picture it before you paint it” app, the Dulux Visualizer Investing for Fut
Slide 9: Presentation Flow
Presentation Flow 1. About AkzoNobel 2. AkzoNobel in India and our Businesses 3. Changing Business Environment 4. ANIL Strategy and Values 5. ANIL Performance 6. Summary AkzoNobel India Limited | Annual General Meeting | August 2014 9
Slide 10: AkzoNobel India at a Glance
AkzoNobel India at a Glance AkzoNobel in India • ~1,860 employees • 6 plants • 6 offices Gwalior • 88 warehouses Decorative Plant • 8,500 plus retailers ; ~800 B2B customers Packaging Plant, Agrochemical lab AkzoNobel India Limited | Annual General Meeting | August 2014 10
Slide 11: A Portfolio to Reckon with…
A Portfolio to Reckon with… Coil Coatings Marine Coatings Others 4% Deco Paints Powder Coatings Coatings Powder Coatings 96% Protective Coatings Automotive Coatings Automotive Coatings AkzoNobel India Limited | Annual General Meeting | August 2014 11
Slide 12: Board of Directors
Board of Directors Ensuring Strong Governance Nihal Kaviratne CBE Chairman R Gopalakrishnan Renu S Karnad Dr Sanjiv Misra Arvind Uppal Non Executive Director Non Executive Director Non Executive Director Non Executive Director Jayakumar Krishnaswamy Himanshu Agarwal Amit Jain Robert Molenaar Raj S K
Slide 13: AkzoNobel India Leadership
AkzoNobel India Leadership Diverse and Experienced Jayakumar Krishnaswamy Managing Director Himanshu Agarwal Gaurav Gupta Rajiv Rajgopal Sudhakar Dantiki Finance HR GM-Decorative Paints RD&I Shrikant Kulkarni Manish Bhatia B. Ramakrishnan Ravi Sahgal Arun Samuel Ayaskanti Bhattacharyya Chemicals Veh
Slide 14: 60 years of providing coatings solutions
60 years of providing coatings solutions • Power of “One AkzoNobel” – mergers delivering synergies • Investing in transformation • Continued adherence to Customer-focused Services and Corporate Governance • Leverage global technology, brands and strategy • Strictest compliance with health, safety an
Slide 15: Presentation Flow
Presentation Flow 1. About AkzoNobel 2. AkzoNobel in India and our Businesses 3. Changing Business Environment 4. ANIL Strategy and Values 5. ANIL Performance 6. Summary AkzoNobel India Limited | Annual General Meeting | August 2014 15
Slide 16: Macroeconomic Fundamentals
Macroeconomic Fundamentals Recovering after a year of speed-bumps AkzoNobel India Limited | Annual General Meeting | August 2014 16
Slide 17: Economic Rejuvenation on Priority
Economic Rejuvenation on Priority Impact on Coatings Industry AkzoNobel India Limited | Annual General Meeting | August 2014 17
Slide 18: Opportunities for AkzoNobel India
Opportunities for AkzoNobel India Avg Correlation GDP vs. Coatings Industry Volume Growth** Factor: 1.8x India’s GDP growth rate expected to accelerate from 4.7% (2013-14) to 6.6% (2016-17)# Supply-side constraints (particularly in Strengthened business environment a credible monetary policy stance
Slide 19: Presentation Flow
Presentation Flow 1. About AkzoNobel 2. AkzoNobel in India and our Businesses 3. Changing Business Environment 4. ANIL Strategy and Values 5. ANIL Performance 6. Summary AkzoNobel India Limited | Annual General Meeting | August 2014 19
Slide 20: AkzoNobel India Strategy
AkzoNobel India Strategy AkzoNobel India Limited | Annual General Meeting | August 2014 20
Slide 21: AkzoNobel India Values
AkzoNobel India Values If the strategy is the “what”… …the values set out “how” we achieve it. Vision: We build successful Leading market positions delivering leading partnerships with our performance customers We do what we say we will do We strive to be the best in everything we do, every day We d
Slide 22: So… Our Focus Areas
So… Our Focus Areas Coatings Chemicals Decorative Paints Performance Coatings Specialty Chemicals • Profitable growth • Retain leadership in • Improve profitability Premium segment, whilst over market share gain • Distribution expansion & gaining market share in mass market share gain Mid tier Segme
Slide 23: Highlights of 2013-14 & Q1 2014-15
Highlights of 2013-14 & Q1 2014-15 Improving Economy and Business Confidence • Stabilizing INR • Exports picking up cautiously • Moderating inflation • Gradual pick-up in industrial activity AkzoNobel India’s performance mirroring changing trends • Superior value proposition and strong consumer conn
Slide 24: Presentation Flow
Presentation Flow 1. About AkzoNobel 2. AkzoNobel in India and our Businesses 3. Changing Business Environment 4. ANIL Strategy and Values 5. ANIL Performance 6. Summary AkzoNobel India Limited | Annual General Meeting | August 2014 24
Slide 25: AkzoNobel India Performance
AkzoNobel India Performance Revenue Trend (INR M) Profit Trend (INR M) 21772 23717 1379 1499 1482 19496 6279 532 2011-12 2012-13 2013-14 Q1 2014-15 2011-12 2012-13 2013-14 Q1 2014-15 Net Fixed Assets (INR M) Business ROCE (%) Investments for future 20% CAGR 5331 28 27 4605 22 3711 2011-12 2012-13 20
Slide 26: Stock Price reflecting Improving Business Prospects
Stock Price reflecting Improving Business Prospects Shareholding Structure Stock Performance Individuals Insurance cos./ FIIs 8% Stock Price INR 1,020 7% MFs/ Banks/ Market Cap INR 4.2 bn Others 12% 52 week High/ Low INR 1,182/ 750 AkzoNobel NV EPS INR 32.2 73% As on 5th Aug’14 AkzoNobel India Limit
Slide 27: Winning Together - Special Dividend to mark 60th Anniversary
Winning Together - Special Dividend to mark 60th Anniversary AkzoNobel India Limited | Annual General Meeting | August 2014 27
Slide 28: Presentation Flow
Presentation Flow 1. About AkzoNobel 2. AkzoNobel in India and our Businesses 3. Changing Business Environment 4. ANIL Strategy and Values 5. ANIL Performance 6. Summary AkzoNobel India Limited | Annual General Meeting | August 2014 28
Slide 29: We have everything we need to make it happen
We have everything we need to make it happen Leveraging the Power of One Akzo - Merger delivering synergies – Volumes, Margins up - Providing sustainable solutions across industries - Seamless access to superior technology, global brands and modern processes Innovations to fortify market position -
Slide 30: Thank you for your attention
Thank you for your attention Disclaimer: This presentation contains statements which address such key issues as Akzo Nobel’s growth strategy, future financial results, market positions, product development, products in the pipeline, and product approvals. Such statements should be carefully consider