Berger Paints India Limited · NSE:BERGEPAINT
Berger Paints India — Kotak Securities institutional investor conference, Kolkata (March 2023)
18 slides from Berger Paints India's conference presentation, Mar 24, 2023
Slide 1: Exchange filing cover letter for presentation
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Slide 2: Berger Paints India Ltd. Corporate Presentation
Berger Paints India Ltd. Corporate Presentation March 24, 2023
Slide 3: Berger India Group - Corporate Profile
Berger India Group‐ Corporate Profile o Flagship company, Berger Paints India Ltd (BPIL) incorporated in 1923. o BPIL is the 2nd largest paint company in India having operations in Poland, Nepal and Russia. o BPIL through its wholly owned subsidiary Bolix SA, Poland has operation in UK, France and U
Slide 4: Deloitte's global marquee programme
Deloitte’s global marquee programme
Slide 5: Forbes India Super-50 companies recognition
Berger Paints features on the list of Forbes India Super‐50 companies every year since its inception in 2015.
Slide 6: Present Across All the Business Lines
Present Across All the Business Lines Decorative Protective & Auto General Powder Infrastructure Paints coatings Paints Industrial Coating Present in two 2nd largest wheelers, CV Dominant Player For white goods Business leader and tractors player in India in India along with and consumer In JV with
Slide 7: Market Share
Market Share 19.4 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 Dec FY23 Market Share percentage calculated on 6 listed paint companies
Slide 8: Company Performance
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Slide 9: BPIL: Net Operating Revenues
BPIL: Net Operating Revenues Rs Crores 8762 6818 6062 6366 5166 4322 4223 4552 3870 3346 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22
Slide 10: BPIL: Operating Profit
BPIL : Operating Profit Rs Crores 1331 1188 1061 936 807 719 645 511 431 371 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22
Slide 11: BPIL 10 years CAGR %
BPIL CAGR 10 years CAGR % 15.9 16.6 11.5 Revenue from Operating Profit PAT operation
Slide 12: BPIL - YTD Dec FY23 - Growth (%)
BPIL ‐ YTD Dec FY23‐ Growth (%) 23.6 13.6 11.8 9.5 10.1 Total income from PBDIT (Excluding PBIT PBT PAT operations Other Income)
Slide 13: 3 Yrs Compounded Growth Rates
Growth Rates 27.7 37.6 3Yrs Compounded 3Yrs Compounded Growth 17.3% Growth 15.9 % 17.0 25.3 YTD Dec FY22 YTD Dec FY23 YTD DEC FY22 YTD DEC FY23 Volume Sales Growth % Value Sales Growth%
Slide 14: Business Outlook
Business Outlook o Company expects double digit volume & value growth in Q4 FY23 o Income from operations expected to touch INR 10000 crs in FY23 o Non‐urban markets have picked up in February 2023 o For the first time Indian market share seen above 20% o Gross margin expected to improve significant
Slide 15: Capacity Expansion
Capacity Expansion o Present capacity ‐ 95000 to 100000 MT o Biggest Plant went on commercial production in February 2023 (33000 MT) – will manufacture products across all categories o New plant to be commissioned in West Bengal for production of Industrial and construction chemicals o Further capac
Slide 16: Competitive Strategy
Competitive Strategy Network Expansion o Build on existing strength & work on fundamentals ‐ Company has added around 8000+ retail touchpoints in FY23 ‐ Plan to add 10000 retail touchpoints in FY24 Product Innovation o Several innovative products introduced over the years and some more in pipeli
Slide 17: Branding, Trade Promotion and Cost Restructuring
Increased spend on Branding and Trade Promotion o Focus on digital side of advertising Cost restructuring o Raw material ‐ Working with R & D to find more cost‐effective alternatives ‐ Formulation efficiencies o Manufacturing Cost ‐ Improvement in manufacturing efficiencies through automation o
Slide 18: Thank You
THANK YOU