Asian Paints Ltd. · NSE:ASIANPAINT
Asian Paints — Q3 FY2022 Earnings Presentation
25 slides from Asian Paints's earnings presentation, Jan 20, 2022
Slide 1: Investor Presentation cover letter to exchanges
Asian Paints Limited Asian Paints House GA, Shantinagar Santacruz (E) Mumbai Li00 055 T: (022) 62181000 asianpaints F : (022) 6218 lll 1 www.asianpaints.com AP LIS EC/28/2021-22/25 20th January, 2022 SSE Limited National Stock Exchange of India Limited Corporate Relationship Department Exchange Plaz
Slide 2: Investor Conference - Q3 FY2022 Results
Classification: Restricted _ asianpaints Investor Conference 03 .... - FY2022 Results Classification: Restricted
Slide 3: Delivering joy since 1942
Classification: Restricted asianpaints Delivering joy since 1942…. We exist to Beautify, Preserve, Transform all Spaces and Objects, bringing happiness to the World! Classification: Restricted
Slide 4: Disclaimer
Classification: Restricted asianpaints Disclaimer This communication, except for the historical information, may contain statements which reflect the Management’s current views and estimates and could be construed as forward looking statements. The future involves certain risks and uncertainties tha
Slide 5: Decorative Business (India) topline growth trend
Classification: Restricted asianpaints Strong double digit topline trajectory continued in Q3, ensuring an equally strong long term growth trend, evident from the 2/3 year compounded growth rates 3 Yr Comp. gr 20.2% 3 Yr Comp. gr 18.1% Decorative Business (India) Q3 2 Yr Comp. gr 25.0% 2 Yr Comp. gr
Slide 6: Strong volume growth trend; double digit growth for 5 quarters
Classification: Restricted asianpaints Strong Volume Growth Trend; Explosive double digit growth for 5 quarters in a row Decorative Business (India) Volume Index *20.2% 200 *22.6% *20.3% 180 *13.4% *17.9% 160 *15.2% 140 18.1% 120 34.2% 47.8% 32.3% 105.7% 100 80 60 40 20 - Q1 FY19 Q2 FY19 Q3 FY19 Q4
Slide 7: Key Business Update – Domestic Decorative Business
Classification: Restricted asianpaints Key Business Key Business Update – Domestic Update Decorative Business Market share gains of 2.7% in Quarter 2 and the trend to continue in Quarter 3 Decorative Business (India) Volume growth led by strong growth from T1/T2 centers across regions T3 marke
Slide 8: Nilaya by Sabyasachi
Classification: Restricted asianpaints Nilaya byKeySabhyasachi Business Update – Domestic Decorative Business • New cutting-edge designs from Sabhyasachi • Draping the Walls like a Sari Classification: Restricted
Slide 9: An Alliance with Pure
Classification: Restricted asianpaints An Alliance with Pure Key Business Update – Domestic Decorative Business Ador I Royale I Nilaya by Sabyasachi : Furnishings Classification: Restricted
Slide 10: New Products launched in the year
Classification: Restricted • • as1anpa1nts New Products launched in the year APEX ULTIMA\I Apex Ultima Allura Smart Care HydroLOC ALL Protek AP Woodtech Ingenio Fire Retardant Paint asianpaints TRUGRIP SUPREMAPVC 1111 SUPERIOR GRAa ~ WATIA 'C.!!J RESISTANCE Ideal for pasting PVC Sheets, Acryllc Shee
Slide 11: Apex Ultima Allura
Classification: Restricted asianpaints APEX ULTIMA ALLURA Elevating exterior decor with Natural Stone Finishes Panels and material delivery Competitive SLAs of 3 days and 30 days Pricing resp + Best in class texture ecosystem with a 10-year warranty with excellent stain Customization TEXTURE FIN ISH
Slide 12: Allura Concordia
Classification: Restricted ALLURA CONCORDIA Lumi/lakes Granizia Glazia Classification: Restricted
Slide 13: Allura Reserva
Classification: Restricted ALLURA RESERVA Novi M arble Viva Gran Aritsone Venezia Classification: Restricted
Slide 14: Allura Meraki
Classification: Restricted J\LLURJ\ MERJ\KI Serenus Gracera Amara Aeries Classification: Restricted
Slide 15: Network Expansion & Upgradation Focus
Classification: Restricted asianpaints Key Business Key Business Update Update Business – Domestic Decorative Network Expansion & Upgradation Focus Continuously expanding Rurban footprint – into new towns and suburbs, with 45,000+ new retail Decorative Business (India) points added over 7 quarte
Slide 16: Services – A Key Differentiator
Classification: Restricted asianpaints ServicesKey –A Key Differentiator; Business adding to Update – Domestic Decorative brand resilience Business Beautiful Homes Service – Bringing Décor Decorative Business (India) dreams to fruition More than 1050 sites booked till date Rapidly expanding Sa
Slide 17: APL Standalone Gross Margins
Classification: Restricted asianpaints Margins impacted – Unprecedented Key Business inflationary Update – Domestic trend continues. Price Decorative Business corrections helping recovery in margins on a sequential basis. APL Standalone Gross Margins Quarterly Gross Margin Trend ~15% Material ~6% Ma
Slide 18: APL Standalone PBDIT Margins
Classification: Restricted asianpaints Key Business PBDIT margin improved Update –basis on a sequential Domestic in Q3Decorative Business after a sharp deterioration in the first two quarters. Price increases taken to mitigate inflationary pressure as well as scale benefit & APL Standalone PBDIT Mar
Slide 19: International Business
Classification: Restricted asianpaints Key Business Key Business Update – DomesticUpdate Decorative Business High single digit revenue growth in 3rd Qtr over LY Revenue – barring Africa other regions registered double digit 35% growth 15% International Business Asia – strong growth across units
Slide 20: Industrial Business
Classification: Restricted asianpaints Key Business Key Business Update – DomesticUpdate Decorative Business PPG-AP Revenue t 38% Business continues to be impacted; Challenges t 64% 1,048 faced by Automotive sector hurting recovery Industrial Business 5% 33% Strong push for implementing price
Slide 21: Home Improvement Business
Classification: Restricted • • as1anpa1nts Key Business Key Business Update – DomesticUpdate Decorative Business Kitchen Business Revenue Home Improvement Business Topline of Rs 100 crs+ maintained in Q3 after 67% 63% crossing the mark in Q2 FY22 for the first time Strong performance in Full K
Slide 22: Standalone Summary Financials
Classification: Restricted asianpaints Summary Key Business Update––Standalone Financials Domestic Decorative Business (figures in columns in Rs. crs) Quarter 3 9 Months 18,429 43% 28% 7,491 17% t ' t t• 14% 14% 4% 11% 6,896 1% 0.2% 0.1% 2,809 1,468 1,367 1,020 3,225 2,992 2,235 Revenue Gross Contri
Slide 23: Summary – Consolidated Financials
Classification: Restricted asianpaints Summary Key Business – Consolidated Update Financials – Domestic Decorative Business (figures in columns in Rs. crs) Quarter 3 9 Months 21,209 41% 26% 8,527 tI •- •- •• 15% 18% 14% 18% tI •'■ '• - '• 2% 5% 5% 5% 7,746 3,134 1,542 1,394 3,360 2,999 2,211 1,031 R
Slide 24: Looking Forward
Classification: Restricted asianpaints Key Business Update – Domestic Decorative Business Looking Forward For the 4th Quarter, January month demand conditions slow given many state level restrictions; However demand conditions expected to better for second half of Feb and month of March Uptrend
Slide 25: Thank You
Classification: Restricted asianpaints Thank You Classification: Restricted