Berger Paints India Limited · NSE:BERGEPAINT
Berger Paints India — Q2 FY19 Earnings Presentation
16 slides from Berger Paints India's earnings presentation, Nov 5, 2018
Slide 1: Stock exchange cover letter: Investor Presentation on Financial Results
STOCK. EXGI AS/ 20 18-19 5&November, 20 18 The Corporate Relationship The Listing Department Listing Department Department National Stock Exchange of The Calcutta Stock Exchange Bombay Stock: Exchange India Limited Ltd. Limited, Exchange Plaza, 5thFloor, 7 Lyons Range, 1St Floor, + Plot No.-C11 , 'G
Slide 2: Berger Paints India Limited Earnings Update Call Q2 FY19
Berger Paints India Limited Earnings Update Call Q2 FY19 November 5th, 2018
Slide 3: Q2 FY19 Performance
Q2 FY19 Performance
Slide 4: Growth (%) - Standalone Q2 FY19
GROWTH (%) - Standalone Q2 FY19 20.0 15.6 15.0 10.0 5.0 0.8 - Total income from PBDIT (Excluding Other PBIT PBT PAT operations Income) -5.0 -4.0 -3.3 -4.3 -10.0
Slide 5: Growth (%) - Standalone YTD Sep FY19
GROWTH (%) -Standalone YTD Sep FY19 20.0 17.3 * 18.0 16.0 14.0 11.5 12.0 10.4 10.5 10.4 10.0 8.0 6.0 4.0 2.0 - Total income from PBDIT (Excluding Other PBIT PBT PAT operations Income) ▪ *Adjusted for excise duty on sales consistent with note 3 of published results
Slide 6: Financial Results – Standalone Q2 FY19
Financial Results – Standalone Q2 FY19 ▪ Decorative business showed improved performance over corresponding quarter ▪ General Industrial / Automotive business delivered another quarter of robust growth even though price increases were delayed ▪ Industrial businesses delivered another quarter of robu
Slide 7: Financial Results – Standalone Q2 FY19
Financial Results – Standalone Q2 FY19 Rs Crores % to Total % to Total Q2 FY 19 Income Q2 FY 18 Income Growth % Total income from operations 1,330.45 1,150.55 15.6 Material Cost 829.43 62.3 664.43 57.7 Employee Cost 80.09 6.0 70.49 6.1 Other expenses 239.66 18.0 235.88 20.5 PBDIT (Excluding Other In
Slide 8: Financial Results – Standalone YTD Sep FY19
Financial Results – Standalone YTD Sep FY19 Rs Crores % to Total % to Total YTD Sep'18 Income YTD Sep'17 Income Growth % *Total income from operations 2,702.68 2,322.72 16.4 Material Cost 1,667.87 61.7 1,368.72 58.9 Employee Cost 154.51 5.7 138.05 5.9 Other expenses 482.99 17.9 459.59 19.8 PBDIT 397
Slide 9: Total income from operations Growth % - Standalone Q2 FY19
Total income from operations Growth % -Standalone Q2 FY19 20.0 Total income from operations Growth % 19.0 18.0 15.6 16.0 14.1 14.0 12.7 10.3 12.0 9.8 10.0 8.0 6.0 4.0 2.0 - Q1FY18 Q2FY18 Q3FY18 Q4FY18 Q1FY19 Q2FY19
Slide 10: Consolidated Q2 FY19 - Growth (%)
Consolidated Q2 FY19- Growth (%) 18.0 16.3 16.0 14.0 12.0 10.0 8.0 5.3 6.0 3.9 3.6 4.0 2.0 2.0 - Total income from PBDIT (Excluding Other PBIT PBT PAT operations Income)
Slide 11: Consolidated YTD Sep FY19 - Growth (%)
Consolidated YTD Sep FY19 - Growth (%) 20.0 18.4 * 18.0 16.0 13.8 12.9 14.0 12.5 12.1 12.0 10.0 8.0 6.0 4.0 2.0 - Total income from PBDIT (Excluding PBIT PBT PAT operations Other Income) ▪ *Adjusted for excise duty on sales consistent with note 3 of published results
Slide 12: Financial Results - Consolidated: Q2 FY19
Financial Results- Consolidated: Q2 FY19 Rs Crores % to Total % to Total Q2 FY 19 Income Q2 FY 18 Income Growth % Total income from operations 1,490.06 1,281.71 16.3 Material Cost 912.81 61.3 731.59 57.1 Employee Cost 104.86 7.0 94.88 7.4 Other expenses 265.58 17.8 256.11 20.0 PBDIT 206.81 13.9 199.
Slide 13: Financial Results - Consolidated: YTD Sep FY19
Financial Results- Consolidated: YTD Sep FY19 Rs Crores % to Total % to Total YTD Sep'18 Income YTD Sep'17 Income Growth % *Total income from operations 2,973.07 2,528.83 17.6 Material Cost 1,810.20 60.9 1,472.49 58.2 Employee Cost 202.63 6.8 178.72 7.1 Other expenses 526.42 17.7 493.39 19.5 PBDIT 4
Slide 14: Financial Results - Consolidated: Q2 FY19
Financial Results- Consolidated: Q2 FY19 ▪ Company’s wholly owned subsidiary Bolix S.A, Poland showed robust top line performance and profitability over corresponding quarter ▪ Company’s wholly owned subsidiary BJN Nepal showed steady growth in topline and profitability ▪ Company’s newly acquired su
Slide 15: Industry Outlook
Industry Outlook ▪ Decorative paint segment expected to show some improvement going forward on the back of reduction in GST rate ▪ Automotive segment expected to sustain its growth performance ▪ Volatility in crude oil prices, further rise in other RM prices and any adverse movement in exchange rate
Slide 16: Disclaimer
Disclaimer This presentation has been prepared by Berger Paints India Limited for information purposes only. The forward looking statements, if any, involve risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the statements.