Jsw Dulux Ltd · NSE:JSWDULUX
Jsw Dulux — Akzo Nobel India — Shareholder Meeting (August 2023)
25 slides from Jsw Dulux's shareholder meeting presentation, Aug 5, 2023
Slide 1: Exchange filing cover letter for AGM presentation
Akzo Nobel India Limited 4 August 2023 Department of Corporate Services The Listing Department SSE 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. Annual General Meeting
Akzo Nobel India Ltd. Annual General Meeting 3rd Aug 2023 1
Slide 3: Agenda
Agenda About Us Business Environment Business Updates Financial Performance ESG – a key focus area Conclusion 2
Slide 4: About Us
About Us
Slide 5: About AkzoNobel
About AkzoNobel • €10,846 mn revenue in 2022, 3rd largest in global Paints & Coatings industry • 7.3% Return on Sales in 2022 • 150+ countries • ~35,200 employees
Slide 6: 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 7: Business Environment
Business Environment
Slide 8: Cautious economic outlook against global uncertainties
Cautious economic outlook against global uncertainties Modest growth outlook Softening crude oil prices Rupee range-bound against US$ Core Sector growth fastest in five months Elevated interest rates Investor Call – Q1 2023-24 7 India GDP growth for 2022 as per GoI; other estimates as per IMF
Slide 9: Business Update
Business Update
Slide 10: Key Strategic Drivers resulting in sustained market position gains
Key Strategic Drivers resulting in sustained market position gains Brand Building Distribution Digitization Value Creation People Innovation Focusing on the core Expanding breadth Digital first approach Initiatives to Imbibing a people- Working to bring with Customer- and depth through for consumers
Slide 11: Paints: Strengthening product propositions and consumer connect
Paints: Strengthening product propositions and consumer connect 10
Slide 12: Coatings: Customer-centric B2B solutions
Coatings: Customer-centric B2B solutions Automotive & Specialty Coatings Powder Coatings High performance coatings for cars worldwide A sustainable option for protecting a wide variety of metal surfaces Marine & Protective Coatings Industrial Coatings Protection & Aesthetics – both in & out of the w
Slide 13: Financial Performance
Financial Performance
Slide 14: A year of new highs
A year of new highs Highest-ever Revenue Highest-ever EBITDA Highest-ever net profitability 13 Values in ₹ mn
Slide 15: Strong performance in a growing industry
Strong performance in a growing industry Sustained market share gains Margins ahead of the industry Double-digit profitability continued 14 All listed Paints & Coatings players considered; both core and non-core businesses included
Slide 16: Efficient asset utilization with strong liquidity
Efficient asset utilization with strong liquidity Improving OWC with better Inventory Strong liquidity supporting Dividends & management Capex Increasing Return on Capital Employed 15 ROCE computed as EBIT/ (Assets – Investments – Current Liabilities)
Slide 17: Rewarding our Shareholders
Rewarding our Shareholders Rising EPS Consistent Dividend Payout EPS (₹) 73.6 63.7 52.2 45.6 2019-20 2020-21 2021-22 2022-23 Increasing Return on Equity 16
Slide 18: ESG continuing to be a key focus area
ESG continuing to be a key focus area
Slide 19: ESG integrated in our value chain
ESG integrated in our value chain 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 aspirational d
Slide 20: Awards and Accolades
Awards and Accolades Recognized for excellence across verticals ICSI CSR Excellence Award 2022 Top 50 Supply Chain Award by Alden Global Value Advisors CII-ITC Sustainability Award 2022 FICCI Corporate Social Responsibility Award 19
Slide 21: Conclusion
Conclusion
Slide 22: 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 23: Concluding Remarks
Concluding Remarks • Balance growth and profitability • Continuing to invest in Brand, Distribution and Technology • Significant returns to shareholders 22 • Regular Investor engagements
Slide 24: Thank you!
Thank you!
Slide 25: 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