Kansai Nerolac Paints Limited · NSE:KANSAINER
Kansai Nerolac Paints — Q3 FY2021-22 Earnings Presentation
18 slides from Kansai Nerolac Paints's earnings presentation, Feb 2, 2022
Slide 1: Exchange filing cover letter: Q3 FY 2021-22 Investor Presentation
Page 1 of 18 2nd February, 2022 1. Corporate Relationship Department 2. Manager – Listing BSE Limited, National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai - 400001. Mumbai - 400051. Sub.: Q3 FY 2021-22
Slide 2: All rights reserved notice
Page 2 of 18 All rights for this presentation are reserved with Kansai Nerolac Paints Limited.
Slide 3: Investor Presentation Q3 Update (FY 21-22)
Page 3 of 18 Investor Presentation Q3 Update (FY 21-22) All rights for this presentation are reserved with Kansai Nerolac Paints Limited.
Slide 4: Disclaimer
Page 4 of 18 Disclaimer This presentation may contain statements which reflect management’s current views and estimates and could be construed as forward making statements. The future involves certain risks and uncertainties that could cause actual results to differ materially from the current views
Slide 5: Agenda
Page 5 of 18 Agenda Business Environment FY 21-22* Financial Performance FY 21-22* Business Review FY 21-22* Risks and Future Outlook *The details in the presentation are for the period September - December 2021 All rights for this presentation are reserved with Kansai Nerolac Paints Limited. Invest
Slide 6: Business Environment FY 21-22 Q3
Page 6 of 18 Business Environment FY 21-22 Q3 ❑ With the onset of festive season and containment of the COVID spread, sentiment had remained positive, and demand was good. ❑ The shortage of semiconductor chips continued to impact automotive production. ❑ Raw material prices continued to rise, along
Slide 7: Agenda
Page 7 of 18 Agenda Business Environment FY 21-22* Financial Performance FY 21-22* Business Review FY 21-22* Risks and Future Outlook *The details in the presentation are for the period September - December 2021 All rights for this presentation are reserved with Kansai Nerolac Paints Limited. Invest
Slide 8: Financials Standalone Q3 FY 21-22
Page 8 of 18 Financials Standalone Q3 FY 21-22 Q3 % to Q3 % to Rs. In Crores 2020-21 Net Revenue 2021-22 Net Revenue Net Revenue 1498.1 100.0 1693.7 100.0 Contribution 486.1 32.4 437.5 25.8 Overhead 192.4 12.8 227.6 13.4 PBDIT 293.7 19.6 210.0 12.4 Other Income 14.1 0.9 9.3 0.5 PBT 270.4 18.0 178.0
Slide 9: Financials Standalone YTD Dec 2021
Page 9 of 18 Financials Standalone YTD Dec 2021 % to Net % to Net Rs. In Crores YTD Dec 2020 YTD Dec 2021 Revenue Revenue Net Revenue 3415.1 100.0 4536.1 100.0 Contribution 1135.6 33.3 1167.4 25.7 Overhead 498.8 14.6 603.0 13.3 PBDIT 636.9 18.6 564.4 12.4 Other Income 26.4 0.8 25.2 0.6 PBT Before Ex
Slide 10: Financial Analysis Q3 FY 21-22
Page 10 of 18 Financial Analysis Q3 FY 21-22 ❑ Positive Factors ▪ Demand momentum continued in Decorative ▪ Good growth witnessed in Construction Chemicals, Wood finishes and Project sales. ▪ 21 % price increase implemented in Decorative YTD ▪ Average Price increase of 18 % implemented in Industrial
Slide 11: Agenda
Page 11 of 18 Agenda Business Environment FY 21-22* Financial Performance FY 21-22* Business Review FY 21-22* Risks and Future Outlook *The details in the presentation are for the period September - December 2021 All rights for this presentation are reserved with Kansai Nerolac Paints Limited. Inves
Slide 12: Decorative
Page 12 of 18 Decorative New Products launched Market • Growth of Metro and Tier 1 towns was higher than upcountry markets Highlights Nerolac Beauty Zinc Yellow Nerolac Excel Mica • Two price increases during the quarter Ceiling Emulsion metal Primer Marble Stretch & • Digital launch for upcoming ra
Slide 13: Industrial
Page 13 of 18 Industrial Market Automotive: • Passenger Vehicle segment OEMs continue to face supply chain challenges on semiconductor front • Commercial vehicle segment has seen some revival in terms of growth numbers due to low base. • Two-wheeler demand remained subdued due to rising fuel prices
Slide 14: ESG
Page 14 of 18 ESG Highlights • KNP rated in the Top Quartile of S&P ESG Index (Chemical Industry) in CSA 2021 • KNP rated in Top Quartile in Manufacturing Space and Rated No 1 in Paint Sector by CRISIL in ESG Compendium in 2021 All rights for this presentation are reserved with Kansai Nerolac Paints
Slide 15: Subsidiary Performance
Page 15 of 18 Subsidiary Performance NEROFIX NEPAL • Revenue of Nerofix grew by 60% in Q3 as compared to Q3 of • Q3 Net sales have de-grown but YTD net sales grew by 36% 2020-21. BANGLADESH LANKA • Net sales grew by 22% for Q3 • Net sales grew by 88% for Q3 • Issues faced with critical raw material
Slide 16: Agenda
Page 16 of 18 Agenda Business Environment FY 21-22* Financial Performance FY 21-22* Business Review FY 21-22* Risks and Future Outlook *The details in the presentation are for the period September - December 2021 All rights for this presentation are reserved with Kansai Nerolac Paints Limited. Inves
Slide 17: Risks and Outlook
Page 17 of 18 Risks and Outlook ❑ Risk ▪ Inflationary trend likely to continue ▪ Supply shortages of semiconductors is expected to continue ▪ Impact of COVID likely to be for a limited period ❑ Outlook ▪ Impact of COVID visible in first half of Q4 2021- 22 in Decorative ▪ Additional price increase r
Slide 18: Thank You
Page 18 of 18 THANK YOU All rights for this presentation are reserved with Kansai Nerolac Paints Limited.
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