Indigo Paints Ltd · NSE:INDIGOPNTS
Indigo Paints — Q1 FY2022 Earnings Presentation
13 slides from Indigo Paints's earnings presentation, Aug 9, 2021
Slide 1: Indigo Paints Ltd Investor Presentation (Q1 FY 22)
INDIGO Paints Ltd Investor Presentation (Q1 FY 22) 1
Slide 2: Disclaimer
Disclaimer Certain statements and opinions with respect to the anticipated future performance of Indigo Paints Ltd (“Indigo”) in the presentation (“forward-looking statements”), which reflect various assumptions concerning the strategies, objectives and anticipated results may or may not prove to be
Slide 3: Agenda for discussion
Agenda for discussion Quarterly Financials (Q1 FY22) 3
Slide 4: Introduction
Introduction • Major Covid impact on Sales during late Apr 21 and May 21 • Sales have recovered to normal levels in June 21 • High Covid cases in Kerala have dampened our Sales growth, as Kerala contributes 30% of our topline, and continues to account for high Covid caseload • Rest of India is compe
Slide 5: Indigo Paints Q1 FY22 financials
Indigo Paints Q1 FY 22 financials Statement of unaudited financial results for the quarter ended June 30, 2021 (All amounts in rupees lakhs, unless otherwise stated) Quarter ended Year ended Sr. Jun 30, 2021 Mar 31, 2021 Jun 30, 2020 Mar 31, 2021 Particulars No (Audited) (Unaudited) (Refer note 6) (
Slide 6: Indigo Paints Q1 financial analysis
Indigo Paints Q1 financial analysis RS. Cr Quarterly % Change Annual Particulars Q1 Q1 Q4 Q1 Q1 FY 22 Q1 FY 22 (Rs. Crs) FY 20 FY 21 FY 21 FY 22 vs vs FY 21 Q1 FY21 Q1 FY20 Operational Income 143.93 104.58 254.27 156.02 49.19% 8.40% 723.32 Other Income 0.18 1.58 3.02 3.59 Total 104.76 255.85 159.05
Slide 7: Analysis (Financials)
Analysis (Financials) • Q1 FY 22 Operational Income has expanded by 49.19% over Q1 FY 21; EBITDA has expanded by 6.10% over Q1 FY 21, and PAT has expanded by 38.20% over same period • A & P spends in Q1 FY 22 were higher by Rs 13.14 cr over Q1 FY 21, due to heavy advertising in April 21, resulting i
Slide 8: Analysis (Financials)
Analysis (Financials) • Raw material prices have stabilized at slightly lower levels than peak of Q4 FY 21; however, showing signs of moving up sharply again in last two weeks • Price increases effected on 1st Apr, 1st May, 1st Jul and 1st Aug (in addition to increases in Nov, Dec, Jan & Feb); Gross
Slide 9: Value / Volume Growth (Q1 FY22 vs Q1 FY21)
Value / Volume Growth (Q1 FY 22 vs Q1 FY 21) Value Volume Product Category Growth Growth Cement Paints + Putty 24.8% 23.7% Emulsions 83.1% 73.1% Enamels + Wood Coatings 25.6% 17.4% Primers + Distempers + Others 7.4% 5.1% 9
Slide 10: Analysis (Value/Volume growth)
Analysis (Value/Volume growth) • Analysis of Volume growth and Value growth across broad categories of decorative paints are shown, as we feel that overall volume growth numbers do not reveal much • Due to several rounds of price increases, the value growth in each category is higher than volume gro
Slide 11: Network expansion
Network expansion 31.3.21 30.6.21 No. of Depots 44 44 Active Dealers 13,214 13,884 Tinting m/c nos. 5,472 5,800 • Despite the lockdown restrictions through most of Q1, we have managed to continuously increase our Dealer strength and Tinting machine population • Above expansion expected to further ac
Slide 12: Future guidance
Future guidance • Q2 has started off well in terms of Sales; expected to further accelerate in coming months • Some innovative category-creator products being readied for launch later this year • Will attempt to take Active dealer count to 17,000 by year-end, and Tinting machine population to 8000 •
Slide 13: Thank You
Thank You INDIGO