Asian Paints Ltd. · NSE:ASIANPAINT

Asian Paints — Q3 FY2021 Earnings Presentation

14 slides from Asian Paints's earnings presentation, Jan 21, 2021

  1. Slide 1: Intimation to Stock Exchanges: Investor Presentation

    Asian Paints Limited Asian Paints House GA, Shantinagar Santacruz (E) Mumbai l!00 055 asianpaints T: (022) 62181000 F; (022) 62181111 www.asianpaints.com APL/SEC/24/2020-21/32 21st January, 2021 BSE Limited The National Stock Exchange of India Limited Corporate Relationship Department Exchange Plaza

  2. Slide 2: Investor Conference Q3 - FY2021 Results

    ores asia npaints Investor Conference Q3 - FY2021 Results FY ) 1

  3. Slide 3: This communication, except for the historical information, may contain statements which reflect the Management’s

    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 that could cause actual results to differ materially

  4. Slide 4: Macro environment: normalization across activities and raw material inflation

     Normalization seen across activities - rise in Covid cases at a much lower rate and India seems to have done a very good job to contain the spread  Post a lackluster Q1, second and third quarter witnessed rebound in demand conditions  GDP decline in Q2 slowed to -7.5% showing good recovery after

  5. Slide 5: Strong growth in paint market in Q3

     Strong growth in Paint market in Q3 following a positive Q2; led by continued strong growth in tier 2 / 3 / 4 markets  Even tier 1 markets and metros reported a strong volume growth in Q3  33% volume growth in Q3 for the domestic decorative business with strong volume growth in each of the month

  6. Slide 6: Strong 33% volume growth in Q3

    Strong 33% volume growth in Q3 – Strong push across markets and product segments, gaining market share and good demand conditions due to construction resurgence & festive demand 33% 26% 11% 6% Qtr 1 Qtr 2 Qtr 3 -38% -44% Volume Gr% Value Gr%

  7. Slide 7: International business

    REVENUE  Volume picked up strongly in Q3, like in India 766  Strong recovery in Asia & Middle East  All units reported double digit volume growths in Q3 438 485  Ethiopia, Bahrain & Indonesia – the only exceptions 342  Pick-up seen across price segments 152 185 88  Product portfolio expansion

  8. Slide 8: Key product lines launched across AP Global

    ad PE smanrcane BITUSHIELD Damp Proof GCC DP Ultra indonesia Key Product lines launched across AP Global Sealants GCC DB2k GCC a aterproofing Product nge launched across ernational units

  9. Slide 9: PPG-AP and AP-PPG joint ventures

     PPG-AP  Auto sector sales and builds data exhibit a continued recovery momentum  OEM business thus reported a good double digit value growth in Q3  Refinish business picking up, in positive zone for the quarter  AP-PPG  Demand recovery leading to a double-digit value growth in Q3  Growth led

  10. Slide 10: Home improvement: Kitchen and Bath business

    REVENUE 169 154  Kitchen Business  Double digit growth in Q3 for Components as well as Full 9.3% 8.8% 81 73 Kitchens 20.3%  Projects segment, too, saw pick-up on a sequential basis 23.1%  Business registered EBITDA break-even in Q3 Kitchen business Bath business  Bath Business Q3 9M  Strong se

  11. Slide 11: Standalone financial results: Q3 and 9 months

    QUARTER 3 9 MONTHS 3.5% 26.1% 5,873 12,846 46.7% 4.9% 56.3% 6.8% 56.5% 1.4% 1,776 1,590 3,539 1,188 2,987 2,233 Revenue PBDIT PBT PAT Revenue PBDIT PBT PAT CY LY CY LY Figures in ` crores Figures in ` crores PBDIT PBDIT margin margin +424 +221 bps bps PAT growth in 9M lower due to one-time deferred

  12. Slide 12: Consolidated financial results: Q3 and 9 months

    QUARTER 3 9 MONTHS 3.3% 25.2% 6,788 15,061 49.5% 5.3% 60.5% 7.3% 62.3% 1.7% 1,911 3,788 1,697 3,148 1,265 2,337 Revenue PBDIT PBT PAT Revenue PBDIT PBT PAT CY LY CY LY Figures in ` crores Figures in ` crores PBDIT PBDIT margin margin +457 +205 bps bps PAT growth in 9M lower due to one-time deferred

  13. Slide 13: Outlook for Q4

     Q4 demand conditions expected to be strong with strong recovery in consumer sentiments  Roll-out of Covid vaccination program augurs well for the domestic demand recovery to become broad-based and well-entrenched However, need to still watch out for any fresh surge in Covid cases – domestic as w

  14. Slide 14: Thank You

    Thank You

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