Berger Paints India Limited · NSE:BERGEPAINT
Berger Paints India — Nuvama India Conference 2024
37 slides from Berger Paints India's conference presentation, May 8, 2024
Slide 1: Nuvama India Conference 2024 Investor Conference
Nuvama India Conference 2024 Investor Conference Abhijit Roy MD & CEO Berger Paints India Limited
Slide 2: Berger over the years
Berger over the years The story of an evolving organization Comes under new ownership Focus on innovation drives of Dhingra family of UK Paints; Berger up the ranks to No. 2 Ranked 6 in India just pipping Kansai 1923 1996 2001 2023 Inflexion Point Launch of Color Bank 1991 2011 Starts operations in
Slide 3: Racing Revenue | 20-Yr Consolidated Sales
Racing Revenue | 20-Yr Consolidated Sales From strength to strength Consolidated Net Sales (Rs Cr) 10,568 12 ,0 00 10 ,0 00 8, 00 0 6, 00 0 4, 00 0 623 2, 00 0 - Note: FY16 Sales corrected for INDAS 5Yr CAGR 15.4%; 20Yr CAGR 15.2%
Slide 4: Racing Profits | 20-Yr PBDIT
Racing Profits | 20-Yr PBDIT From strength to strength PBDIT (Rs Cr) 1, 60 0 1,487 1, 40 0 1, 20 0 1, 00 0 80 0 60 0 40 0 20 0 59 - Note: Value in Rs Cr 20Yr CAGR 17.5%
Slide 5: Creating Shareholder Value | 20Yr Mkt Cap
Creating Shareholder Value | 20Yr Mkt Cap From strength to strength 20Y Market Cap 12 0, 00 0 10 0, 00 0 80 ,0 00 63,191 60 ,0 00 40 ,0 00 20 ,0 00 276 - FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 Note: Value in Rs Cr 5Yr C
Slide 6: Expanding Presence across borders
Expanding Presence across borders India – Presence across segments; Leadership in some; Strong no. 2 in others Nepal – Strong No. 2 with sizeable and long-standing presence in decorative business Russia – Niche business in decorative paints Poland – Dominant in ETICS space through acquisition of Bol
Slide 7: Straddling Segments
Straddling Segments Protective Coatings & General Industrial - Market leader for decades Decorative Coatings – Strong No. 2 Automotive Paints – No.2 with BNPA Construction Chemicals – Fast growing No. 4 with STP
Slide 8: Alliances & Tech Tie-ups
Alliances & Tech Tie-ups Cooperation through MoUs 49% in Coil Coatings with Becker 49% in 4W & SUVs with Nippon Tigerwerke for Powder Coatings Chugoku for Marine Paints Promat for Fireproof Coatings
Slide 9: Growth thru Acquisitions
Growth thru Acquisitions Strategic gaps filled; Capabilities enhanced • Jenson & Nicholson, Nepal in 2000 • ICI’s Motors & Industries business acquired in 2006 • Bolix, Poland acquired in 2008 • Sherwin Williams deco business in India, acquired in 2013 ($0.15 Mn) • Saboo Coatings, acquired in 2017 •
Slide 10: 1991-92: No 6, Rev 111 cr, OP 10 cr
1991-92 : No6 , Rev 111 cr ,OP 10cr
Slide 11: 1991: Small Fish in a Large & Crowded Ocean
1991 : Small Fish in a Large & Crowded Ocean DOMESTIC BRANDS
Slide 12: That we were fighters! G.R.I.T
G.R.I.T That we were fighters!
Slide 13: The Color Bank Story
THE COLOR BANK STORY The bold gamble (innovation) that set the ball rolling….
Slide 14: In the 2000s, an even more crowded Ocean
In the 2000s, an even more crowded Ocean INTERNATIONAL BRANDS DOMESTIC BRANDS
Slide 15: Innovation at the Centre
Innovati on at the Centre
Slide 16: Category Creator to Leader
Category Creator to Leader
Slide 17: Battle Scars Lessons: Silk Illusions
SILK illusions Lessons
Slide 18: Category Disruptor to Leader
Category Disruptor to Leader
Slide 19: Innovation in Commodity Products
Innovation in Commodity Products
Slide 20: Innovation in Services as well
Innovation in Services as well
Slide 21: Homeshield Range of crafted solutions
Homeshield™ Range of crafted solutions Seepage, leakage and damp walls all lead to a substrate conducive for pathogens to grow and multiply Till now, no scientific assessment was made before offering treatment. But now, Scientific Detection & Customized Solutions
Slide 22: Innovation in Influencer Engagement
Innovation in Influencer Engagement
Slide 23: Innovation in Industrial Coatings
Innovation in Industrial Coatings
Slide 24: World's Highest Railway Bridge, River Chenab
Innovation |World’s Highest Railway Bridge, River Chenab
Slide 25: Innovation | Yashobhoomi Convention Centre, Dwarka
Innovation | Yashobhoomi Convention Centre, Dwarka
Slide 26: New Parliament: Polyurea
New Parliament : Polyurea
Slide 27: Titagarh Wagons, Exide Batteries
TITAGARH WAGONS EXIDE BATTERIES
Slide 28: Berger's TAM Approach
WOoCrrust Berger’s TAM Approach
Slide 29: Test-Accelerate-Maintain
Test-Accelerate-Maintain A time-tested framework MAINTAIN Must do core activities where execution is the key ACCELERATE TEST Scaling up Conduct fresh successful experiments to experiments with scalable create new growth revenue potential opportunities
Slide 30: Acceleration Stage: Differentiated Distribution
Acceleration Stage Differentiated Distribution Stores Distributors •700+ Exclusive •Focus on weaker Stores markets
Slide 31: Accelerate Stage: Construction Chemicals
Accelerate Stage Construction Chemicals ADMIXTURE TILE ADHESIVE TILE GROUTS FLOOR HARDENER SEALANTS MEMBRANE WATER-PROOFING & REPAIRS
Slide 32: Accelerate Stage: Org-wide Digitization
Accelerate Stage Org-wide Digitization O9 Supply Chain Tableau Oracle BI HR SharePo int Salesfo My rce Colour AI App AI Mobile enabled App Chatbot Suite
Slide 33: 29 Production Facilities Worldwide, 14 in India
29 Production Facilities Worldwide 14 in India
Slide 34: Grow Stage: Production Facilities
Grow Stage Production Facilities • Consented Manufacturing Capacity Sandila Nalbari • 1.3 Million MT/annum Naltali • Brownfield Expansion planned Panagarh • Hindupur Jejuri • VVN Orrissa • Pondicherry • Greenfield Projects • Panagarh 2025 • Orissa 2026
Slide 35: The Outlook for Berger
YEARS OF TRUST The Ou Clook ror Berger
Slide 36: The Outlook for Berger
The Outlook for Berger Supply Distribut Products Branding Chain ion Influence Services PEOPLE ESG r
Slide 37: 100 Years of Confidence: Building Trust, One Legacy at a Time
- 100 Years of Confidence: Building Trust, One Legacy at a Time. -