Kamdhenu Ventures Ltd. · NSE:KAMOPAINTS
Kamdhenu Ventures — Investor Presentation (August 2025)
26 slides from Kamdhenu Ventures's investor presentation, Aug 14, 2025
Slide 1: Cover letter to stock exchanges
Ref: KVL/SEC/2025-26/37 Date: 14th August, 2025 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 BS
Slide 2: Painting Aspirations Across our Nation
Painting Aspirations Across our Nation KAMDHENU VENTURES LIMITED INVESTOR PRESENTATION| August 2025
Slide 3: Safe Harbor
Safe Harbor Th is p rese ntat io n a nd the ac co mp any i ng s l i des (th e “Pres entat io n” ), wh i ch h a ve bee n p re par ed b y K a md he n u Ve n tu res Li m it ed (t he “ C om pa ny” ), ha ve bee n p re pa re d so l e l y fo r i nfo r mat i on pu rp oses a nd do not c onst itute a ny of fe
Slide 4: Kamdhenu Paints – Leading Brand in Indian Decorative Paints Segment
Kamdhenu Paints – Leading Brand in Indian Decorative Paints Segment Headquarters Gurugram 4,400+ Dealers as on 30th June 25 36,000 KL p. a. Own Capacity 20,000+ Painter Network Our Product Range Our Presence Certifications Product Mix & Awards Water 81% Based Weather Weather Supreme Weather Weather
Slide 5: Extensive Product Portfolio (1/2)
Extensive Product Portfolio (1/2) Diversified and Eco-friendly Product Portfolio Premium Exterior Emulsions Premium Interior Emulsions Premium Dual Emulsions Weather Supreme Weather Supreme Kamo Hi-Sheen Velvety KamoDual KamoDual Shyne Advance Shyne Luxury Emulsion Platinum Weather Supreme Weather C
Slide 6: Extensive Product Portfolio (2/2)
Extensive Product Portfolio (2/2) Diversified and Eco-friendly Product Portfolio Texture Colorant & Stainer Wood Coatings Mosaccio Pearla Machine Colorants Machine Colorants Premium European Kamo Wood (Bronze Series) (Silver Series) (1K PU Clear Glossy) Stucco Velvitino Kamostar KamoTint Advance Kam
Slide 7: Focus on Premiumization of Portfolio
Focus on Premiumization of Portfolio Average Selling price per FY15 Q1 FY26 KG/Ltr 7% Rapid Shift in Product 22% Mix with a higher focus 12% +25% on Premium Products Leading to 90 Improved 72 ASP per KG 58 58% per Liter 20% Water Based Products 81% Powder based products Solvent based products FY15 F
Slide 8: Well-Entrenched and Highly Incentivized Dealer Network
Well-Entrenched and Highly Incentivized Dealer Network A Targeted Dealer Network with a Core How we build a strong relationship Penetration can be easily tripled Focus on Premium Products with our Dealers in 5 years No of Dealers +37% Target linked incentives in form of gifts-in-kind, gift vouchers,
Slide 9: Prominence in India’s Emerging Cities
Prominence in India’s Emerging Cities Prominence in Tier I, II & III Cities through 30 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 10: State-of-the-art Manufacturing Facilities & Infrastructure
State-of-the-art Manufacturing Facilities & Infrastructure Reduces disposal of excess Minimizes inventories and paint as hazardous waste ensures just-in-time delivery Robust Tinting Infrastructure 1 2 1600+ Active Tinting Machines 4 3 Reduces labour requirements Reduces procurement costs and space f
Slide 11: Participation of Noted Celebrities
PARTICIPATION OF NOTED CELEBRITIES Brand Promotions, Event Participation Have Helped Strengthen Dealer Connect & Expand Visibility Dia Mirza Emraan Hashmi Madhuri Dixit Kanika Kapoor Tapsee Pannu Jacqueline Fernandez Kangana Ranaut Malaika Arora Sonam Kapoor Preity G Zinta Sonu Nigam Rakul Preet Kar
Slide 12: ‘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 11
Slide 13: Brand Promotions
Brand Promotions Promotional Print Media Digital Campaign Materials National Newspaper ✓ Distribution of catalogues ✓ Brochures ✓ Visiting cards ✓ Shop branding ✓ Sample board, pen, pad, mason kit having branding of Kamdhenu products. ✓ Social media campaigns to educate consumers about benefit of it
Slide 14: Brand Promotions
Brand Promotions Outdoor Brand Educational Television Campaigns Activities Campaign ✓ Dealers & Distributor Meets ✓ Painters Meets ✓ Seminars, conferences ✓ Workshops ✓ International Trips ✓ Motivational Sessions ✓ Strong presence on various national and regional TV Channels such as Aajtak, Zee News
Slide 15: Experienced Board of Directors
Experienced Board of Directors Mr. Sunil Kumar Agarwal Mr. Saurabh Agarwal Mr. Sachin Agarwal Chairman Managing Director Non Executive Director Mr. Ramesh Chand Surana Mr. Madhusudan Agrawal Mrs. Nishal Jain Independent Director Independant Director Independant Director 14
Slide 16: Growth Strategies
Growth Strategies India’s growth engine and Kamdhenu’s proven building materials play make for a powerful growth runway Urbanization Product Brand Equity Increased Market Share Reduced Increased Housing Premiumization Investments Capacity Gains Repainting Cycle Dealer for all Density Kamdhenu Paints
Slide 17: Q1 FY26 Key Performance Highlights
Q1 FY26 Key Performance Highlights Revenue from Operations EBITDA & EBITDA Margins PAT and PAT Margins (Rs Cr.) (Rs Cr.) (Rs Cr.) Consolidated Kamdhenu Ventures 7.2% 6.6% 2.9% 1.7% 54.5 50.2 3.9 3.3 1.6 0.9 Q1FY25 Q1FY26 Q1FY25 Q1FY26 Q1FY25 Q1FY26 Revenue from Operations EBITDA & EBITDA Margins PAT
Slide 18: Profit & Loss Statement (Kamdhenu Ventures Limited - Consolidated)
Profit & Loss Statement (Kamdhenu Ventures Limited - Consolidated) (Rs. Crores) Particulars Q1 FY26 Q1 FY25 Y-o-Y Revenue from Operations 50.2 54.5 -8% Cost of materials consumed 34.5 31.4 Purchases of stock-in-trade 3.9 3.6 Changes in inventories -12.1 -7.4 Total Raw Material 26.3 27.5 Gross Profit
Slide 19: Balance Sheet (Kamdhenu Ventures Limited - Consolidated)
Balance Sheet (Kamdhenu Ventures Limited - Consolidated) (Rs. Crores) (Rs. Crores) Particulars Mar-25 Mar-24 Particulars Mar-25 Mar-24 Equity Non Current assets Equity Share Capital 31.4 31.4 Property, Plant and Equipments 43.3 43.6 Other Equity 134.4 127.9 Total Equity Capital Work in Process 0.1 0
Slide 20: Cash Flow Statement (Kamdhenu Ventures Limited - Consolidated)
Cash Flow Statement (Kamdhenu Ventures Limited - Consolidated) (Rs. Crores) Cash Flow Statement Mar-25 Mar-24 Net Profit Before Tax 9.2 15.9 Adjustments for: Non - Cash Items / Other Investment or Financial Items 10.9 9.8 Operating profit before working capital changes 20.1 25.7 Changes in working c
Slide 21: Profit & Loss Statement (Kamdhenu Colour and Coating Limited)
Profit & Loss Statement (Kamdhenu Colour and Coating Limited) (Rs. Crores) Particulars Q1 FY26 Q1 FY25 Y-o-Y Revenue from Operations 50.2 54.5 -8% Cost of materials consumed 34.5 31.4 Purchases of stock-in-trade 3.9 3.6 Changes in inventories -12.1 -7.4 Total Raw Material 26.3 27.5 Gross Profit 23.9
Slide 22: Balance Sheet (Kamdhenu Colour and Coating Limited)
Balance Sheet (Kamdhenu Colour and Coating Limited) (Rs. Crores) (Rs. Crores) Particulars Mar-25 Mar-24 Particulars Mar-25 Mar-24 Equity Non Current assets Equity Share Capital 0.0 0.0 Other Equity 106.3 99.3 Property, Plant and Equipments 43.3 43.6 Total Equity 106.4 99.4 Capital Work in Process 0.
Slide 23: Cash Flow Statement (Kamdhenu Colour and Coating Limited)
Cash Flow Statement (Kamdhenu Colour and Coating Limited) (Rs. Crores) Cash Flow Statement Mar-25 Mar-24 Net Profit Before Tax 9.7 16.2 Adjustments for: Non - Cash Items / Other Investment or Financial Items 11.0 10.2 Operating profit before working capital changes 20.7 26.4 Changes in working capit
Slide 24: Historical Profit & Loss Statement of Paints Business
Historical Profit & Loss Statement of Paints Business (Rs. Crores) Particulars FY25 FY24 FY23 FY22 FY21 Revenue from Operations 266.1 291.7 259.5 241.4 202.1 Total Raw Material 148.8 159.8 170.3 158.8 141.7 Gross Profit 117.3 131.9 89.2 82.6 60.4 GP Margin (%) 44.1% 45.2% 34.4% 34.2% 29.9% Employee
Slide 25: Historic Balance Sheet of Paints Business
Historic Balance Sheet of Paints Business (Rs. Crores) (Rs. Crores) Particulars Mar-25 Mar-24 Mar-23 Mar-22 Mar-21 Particulars (Rs. Crores) Mar-25 Mar-24 Mar-23 Mar-22 Mar-21 Equity Non Current assets Equity Share Capital 31.4 31.4 13.5 0.0 0.0 Property, Plant and Equipments 43.3 43.6 43.7 43.3 39.5
Slide 26: 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 +91 98333 73300 / +91 91378 91895 hkagarwal@kamdhenulimited.com deven.dhruva@sgapl.net / varun.shivram@sgapl.net www.kamdhe
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