Jsw Dulux Ltd · NSE:JSWDULUX
Jsw Dulux — Akzo Nobel India — Q1 FY2023-24 Earnings Presentation
15 slides from Jsw Dulux's earnings presentation, Aug 4, 2023
Slide 1: Investor Presentation filing letter
Akzo Nobel India Limited 4 August 2023 Department of Corporate Services The Listing Department BSE Limited National Stock Exchange of India Ltd. 1st floor, New Trading Ring Exchange Plaza, 5th floor, Rotunda Building, P J Towers Bandra-Kurla Complex Dalal Street, Fort Sandra (E) Mumbai - 400 001 Mum
Slide 2: Akzo Nobel India Ltd. Investor Call
Akzo Nobel India Ltd. Investor Call 4th Aug 2023 1
Slide 3: About Us
About Us Investor Call – Q1 2023-24 2
Slide 4: About Akzo Nobel India
About Akzo Nobel India ~1,490 employees; 5 offices 5 manufacturing sites; Capacity augmentation & expansion plans in place Scaling up distribution through online and offline channels 50% increase in network over recent years to cover ~5,000 towns ~20,000 Paint retailers; ~4,000 B2B customers World-c
Slide 5: Business Environment
Business Environment Investor Call – Q1 2023-24 4
Slide 6: Cautious economic outlook
Cautious economic outlook Modest growth outlook: India’s growth at ~7% vs. global growth of 2.8% Core sector growth continued: at 8.2% in Jun 2023 Softening crude prices: June 2023 average price at $75.1/bbl vs. $122.7/bbl a year ago Rupee range-bound: US$-₹ at 82.2 in June 2023 vs. 78.1 in June 202
Slide 7: Key Strategic Drivers
Key Strategic Drivers Investor Call – Q1 2023-24 6
Slide 8: Our strategic priorities
Our strategic priorities Hold onto pricing gains Adjust cost base to to expand margins market reality Margin Operating Management Expenses Working Capital Integrated Supply Chain Inauguration of robotic palletizer at Thane site by AkzoNobel CEO, Grégoire (Greg) Poux-Guillaume Respond more Reduce wor
Slide 9: Paints
Paints Double-digit growth in Premium and Projects • Strong finish to the quarter with Premium leading category growth • Continuing healthy demand from Real Estate sector supporting Projects business • Growth constrained by challenges in few geographies, destocking; Semi-urban markets grew faster •
Slide 10: Coatings
Coatings Double-digit growth continuing for most businesses Auto & Specialty Coatings Industrial Coatings Powder Coatings Marine & Protective • Healthy demand in auto • Double-digit growth across • Marine driven by healthy industry resulted in • Growth in Coil on the back all segments orders from Co
Slide 11: Q1 2023-24 Performance
Q1 2023-24 Performance Growth momentum continues; new record in Revenue, GM, EBIT & PAT Revenue 7% GM 18% EBIT 40% PAT 43% 9,992 4,299 43.0% 1,428 14.3% 1,099 11.0% 9,377 3,656 39.0% 1,018 10.9% 769 8.2% • PAT up 43% driven by • Revenue exceeded higher EBIT and other previous record of Q3 • 400 bps
Slide 12: Q1 FY 2023-24 Performance
Q1 FY 2023-24 Performance Quarter ended (₹ mn) 30-Jun-23 30-Jun-22 Income Revenue from operations 9,992 9,377 7% Other income 82 41 Total income 10,073 9,418 Expenses Cost of goods sold 5,693 5,722 Employee benefits expense 829 757 Finance costs 34 24 Depreciation and amortisation expense 193 193 Ot
Slide 13: ESG continuing to be a key focus area
ESG continuing to be a key focus area Social 3,700+ painters trained Zero fatalities & high Tele medicine access to consequence injuries 1.5 mn+ painter families Zero tolerance policy Education access towards harassment to 6,700+ children Environment 34% Renewable 100% Governance Energy 4 aspiration
Slide 14: Safe Harbour Statement
Safe Harbour Statement This report contains statements which address such key issues as AkzoNobel’s growth strategy, future financial results, market positions, product development, products in the pipeline and product approvals. Such statements should be carefully considered, and it should be under
Slide 15: Thank you!
Thank you!
Akzo Nobel India — Q1 FY2023-24 Earnings Presentation on 6ix