Kamdhenu Ventures Ltd. · NSE:KAMOPAINTS
Kamdhenu Ventures — Investor Presentation (February 2024)
31 slides from Kamdhenu Ventures's investor presentation, Feb 3, 2024
Slide 1: Cover letter to stock exchanges
Ref: KVL/SEC/2023-24/80 Date: 3rd February, 2024 To, To, The Manager- Listing The Manager- Listing National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (E), Mumbai-400 051 Dalal Street, Mumbai- 400 001 NSE Symbol: KAMOPAINTS B
Slide 2: Kamdhenu Ventures Limited Investor Presentation February 2024
KAMDHENU VENTURES LIMITED INVESTOR PRESENTATION| February 2024 COLOURED IN INSPIRATION NURTURED BY LEGACY
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which hav e been prepared by Kamdhenu Ventures Limi ted (the “Company”), hav e been prepared solely for information purposes and do not constitute any offer, recommendation or inv itation to purchase or subscribe for any
Slide 4: Kamdhenu Paints – Leading Brand in Indian Decorative Paints Segment
Kamdhenu Paints – Leading Brand in Indian Decorative Paints Segment ✓ Kamdhenu Colour and Coatings Limited has achieved several milestones over the years through its brand Kamdhenu Paints Own Capacity: Outsourcing: • Exterior & Interior Emulsions 2008 - set up its own unit for 36,000 KL p.a. with Sa
Slide 5: Extensive Product Portfolio
Extensive Product Portfolio Diversified and Eco-friendly Product Portfolio Premium Exterior Emulsions Premium Interior Emulsions Premium Dual Emulsions Weather Supreme Weather Supreme Kamodual Luxury Kamodual Platinum Kamo Hi Sheen Velvety Advance Shyne Weather Classic Weather Classic Sheen n Shine
Slide 6: Extensive Product Portfolio
Extensive Product Portfolio Diversified and Eco-friendly Product Portfolio Economical Emulsions Under Coats Putty Kamoshield Kamostar Kamo Damp Proof Exterior Primer Kamoguard Acrylic Kamostar Water Exterior Exterior Advance Putty Proof Putty Kamosilky Kamostar Interior Primer Dual Primer Interior I
Slide 7: Extensive Product Portfolio
Extensive Product Portfolio Diversified and Eco-friendly Product Portfolio Specialized Coatings Construction Chemicals Wood Coatings Kamo Glitter Colorant Kamocrete CRP Kamoproof ALW Kamwood Melamine Kamowood PU Stainers Floor Coat Kamofin 2K Kamo Shora Seal Kamwood NC Kamoclear Lacquer Sanding Seal
Slide 8: Focused on Premiumization of Portfolio
Focused on Premiumization of Portfolio Revenue Breakup Average Selling price per KG/Ltr FY15 FY23 9M FY24 +54% 10% 10% 22% 7% 6% 89 79 58 58% 20% 83% 84% FY15 FY23 9M FY24 Water Based Products Powder based products Solvent based products With renewed focus on premium products, After having achieved
Slide 9: Well-Entrenched and Highly Incentivized Dealer Network
Well-Entrenched and Highly Incentivized Dealer Network Dealers Revenue Split (9M FY24) Dealer Split (FY23) +26% 7% ➢ Kamdhenu’s sales are more 12% 10% 17% concentrated in North & East 4,071 India owing to a denser older 6% 3,230 dealer base in the region 34% 10% ➢ The current dealer proportion in Rs
Slide 10: Prominence in India's Emerging Cities
Prominence in India’s Emerging Cities Prominence in Tier I, II & III Cities through 34 Sales Depots Focused strategy to set base in the smaller Indian towns identifying an underserved gap in the paint industry ~70% of India’s urban population resides in Tier II & III cities, where majority of Kamdhe
Slide 11: State-of-the-art Manufacturing Facilities & Infrastructure
State-of-the-art Manufacturing Facilities & Infrastructure Manufacturing Facilities – Quick Facts Robust Tinting Infrastructure 1,300+ active tinting machines installed at dealer outlets to make wide range of shades by mixing Colorant from Re-aligned capacity at Own Manufacturing plant for Premium 0
Slide 12: Signed Bollywood Celebrity Preity G Zinta as Brand Ambassador
Signed Bollywood Celebrity & Entrepreneur Preity G Zinta as Brand Ambassador Signed ace Bollywood celebrity and Preity G Zinta’s inclusion as the Brand This collaboration will help enhance the Ambassador is set to blend perfectly with entrepreneur, Preity G Zinta as Brand brand’s pan-India reach and
Slide 13: Participation of Noted Celebrities
PARTICIPATION OF NOTED CELEBRITIES Brand Promotions, Event Participation Have Helped Strengthen Dealer Connect & Expand Visibility Preity G Zinta Emraan Hashmi Madhuri Dixit Kanika Kapoor Tapsee Pannu Jacqueline Fernandez Kangana Ranaut Malaika Arora Sonam Kapoor Dia Mirza Sonu Nigam Rakul Preet Kar
Slide 14: 'Target Ka Badshah' Mega Paints Event for Dealer & Distributor Awards
‘ TARGET KA BADSHAH’ Mega Paints Event for Dealer & Distributor Awards Award functions and cultural events on annual basis Notable celebrity affiliations through brand promotions, event participations help strengthen emotional connect with dealers where relationships were formative 13
Slide 15: Brand Promotions
Brand Promotions Print Media Promotional Materials Digital Campaign National Newspaper ▪ Distribution of catalogues ▪ Brochures & Fan Deck ▪ Visiting cards for Dealers ▪ Shop branding ▪ Sample board, pen, pad, painter tools having branding of Kamdhenu products. ▪ Social media campaigns to Regional N
Slide 16: Brand Promotions
Brand Promotions Brand Educational Outdoor Campaigns Activities Television Campaign ▪ Dealers & Distributor Meets ▪ Painters Meets ▪ Seminars, conferences ▪ Workshops ▪ International Trips Strong presence on various ▪ Motivational Sessions national and regional TV Channels such as Aajtak, Zee News,
Slide 17: Experienced Board of Directors
Experienced Board of Directors Mr. Sunil Kumar Agarwal Mr. Saurabh Agarwal Mr. Sachin Agarwal Chairman Non-Executive Managing Director Director Mr. Ramesh Chand Surana Mr. Madhusudan Agrawal Mrs. Nishal Jain Independent Director Independent Director Independent Director 16
Slide 18: Growth Strategies & Next 5-year Vision
Growth Strategies & Next 5-year Vision Urbanisation & Rising Disposable Incomes Rapid Revenue Growth Potential with Margin Expansion Premiumization of Portfolio through launch of innovative Revenue (Rs Crs.) EBITDA Margin* (%) products and expanding into newer segments Increasing Density of Dealer N
Slide 19: Delivering Value to Shareholders
DELIVERING VALUE TO SHAREHOLDERS Kamdhenu Ventures lists on BSE & NSE on 24 th January 2023 Benefits of Demerger ✓ Better management f ocus & operational f lexibilit y and f acilitate businesses to independently pursue their growth plans through organic / inorganic means ✓ Enable both companies to r
Slide 20: Funds Raised to the Tune of Rs. 65.25 Crs.
FUNDS RAISED TO THE TUNE OF RS. 65.25 CRS. • Board of Directors of the Company in their Board meeting held on 25 th April 2023, have considered and approved raising funds to the tune of Objectives Rs.65.25 crores on allotment of 45 Lakhs Equity Shares of face value of Rs. 5 each, at an Issue Price o
Slide 21: Bonus Issue
Bonus Issue Bonus Issue Details: Objectives : The board of directors on 2nd August 2023 have allotted Bonus Shares in the ratio of 1:1 of Rs. 5 each for every existing Equity Share of Rs 5 Each Fully Paid Up Increased Shareholder Base The bonus equity shares shall rank pari passu and carry the same
Slide 22: Result Highlights – Q3 & 9M FY24
Result Highlights – Q3 & 9M FY24 Financials – Kamdhenu Ventures Limited (Cons) Financials – Kamdhenu Colour and Coating Limited Revenues from Revenues from EBITDA PAT EBITDA PAT Operations Operations Q3 FY24 Rs. 79.1 Rs. 6.2 Rs. 4.1 Rs. 79.1 Rs. 6.3 Rs. 4.1 Crores Crores Crores Crores Crores Crores
Slide 23: Profit & Loss Statement (Consolidated)
Profit & Loss Statement (Kamdhenu Ventures Limited - Consolidated) (Rs. Crores) Particulars Q3 FY24 Q3 FY23 YoY 9M FY24 9M FY23 YoY Revenue from Operations 79.1 69.6 14% 206.6 188.7 9% Cost of materials consumed 36.7 22.3 96.2 84.8 Purchases of stock-in-trade 6.0 13.8 20.2 35.3 Changes in inventorie
Slide 24: Balance Sheet (Consolidated)
Balance Sheet (Kamdhenu Ventures Limited - Consolidated) (Rs. Crores) (Rs. Crores) Particulars Sep-23 Mar-23 Particulars Sep-23 Mar-23 Equity Non Current assets Equity Share Capital 31.4 13.5 Property, Plant and Equipments 43.2 43.7 Other Equity 119.9 67.0 Capital Work in Process 0.4 1.0 Total Equit
Slide 25: Cash Flow Statement (Consolidated)
Cash Flow Statement (Kamdhenu Ventures Limited - Consolidated) (Rs. Crores) Cash Flow Statement Sept-23 Sept-22 Net Profit Before Tax 5.4 -5.7 Adjustments for: Non - Cash Items / Other Investment or Financial Items 4.5 6.0 Operating profit before working capital changes 9.9 0.3 Changes in working ca
Slide 26: Profit & Loss Statement (Kamdhenu Colour and Coating Limited)
Profit & Loss Statement (Kamdhenu Colour and Coating Limited) (Rs. Crores) Particulars Q3 FY24 Q3 FY23 YoY 9M FY24 9M FY23 YoY Revenue from Operations 79.1 66.7 18% 206.6 185.8 11% Cost of materials consumed 36.7 22.3 96.2 84.8 Purchases of stock-in-trade 6.0 11.0 20.2 32.4 Changes in inventories 2.
Slide 27: Balance Sheet (Kamdhenu Colours and Coatings Limited)
Balance Sheet (Kamdhenu Colours and Coatings Limited) (Rs. Crores) (Rs. Crores) Particulars Sep-23 Mar-23 Particulars Sep-23 Mar-23 Equity Non Current assets Equity Share Capital 0.0 0.0 Property, Plant and Equipments 43.2 43.7 Other Equity 91.2 85.4 Capital Work in Process 0.4 1.0 Total Equity 91.2
Slide 28: Cash Flow Statement (Kamdhenu Colours and Coatings Limited)
Cash Flow Statement (Kamdhenu Colours and Coatings Limited) (Rs. Crores) Cash Flow Statement Sept-23 Sept-22 Net Profit Before Tax 5.6 -5.3 Adjustments for: Non - Cash Items / Other Investment or Financial Items 4.8 6.0 Operating profit before working capital changes 10.4 0.7 Changes in working capi
Slide 29: Historical Profit & Loss Statement of Paints Business
Historical Profit & Loss Statement of Paints Business (Rs. Crores) Particulars FY23 FY22 FY21 Revenue from Operations 250.5 241.4 202.1 Total Raw Material 161.4 158.8 141.7 Gross Profit 89.1 82.6 60.4 GP Margin (%) 35.6% 34.2% 29.9% Employee Expenses 26.0 23.1 18.1 Other Expenses 62.6 56.3 46.0 EBIT
Slide 30: Historic Balance Sheet of Paints Business
Historic Balance Sheet of Paints Business (Rs. Crores) (Rs. Crores) Particulars Mar-23 Mar-22 Mar-21 Particulars (Rs. Crores) Mar-23 Mar-22 Mar-21 Equity Non Current assets Equity Share Capital 0.0 0.0 0.0 Property, Plant and Equipments 43.7 43.3 39.5 Other Equity 85.4 95.8 51.4 Capital Work in Proc
Slide 31: Thank You
THANK YOU For further Information, please contact : CIN: L51909HR2019PLC089207 CIN: U74140MH2010PTC204285 Mr. Harish Kumar Agarwal Mr. Deven Dhruva / Mr. Varun Shivram Group CFO, CRO & Head-Legal +91 98333 73300 / +91 91378 91895 hkagarwal@kamdhenulimited.com deven.dhruva@sgapl.net / varun.shivram@s
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