Annual Report 19 20

Asian Paints Limited | Annual Report 2019-20

transforming
spaces

We believe inclusion of art is one of the most accessible and practical ways of transforming our spaces.

transforming
homes

Our focus remains on transforming the customers’ home through innovative solutions and offerings.

transforming
lives

Our CSR focus on making primary healthcare accessible through static clinics and mobile medical units is among the myriad ways in which we are delivering joy and enriching lives.

Performance in 2019-20

Financial*

4.9 %

`17,194.1Crores

Revenue from
operations

11.2 %

`4,214.6 Crores

EBITDA

24.5 %

`2,654.0 Crores

Profit after tax

24.5 %

`27.7

Earnings per share

*Standalone

Environment

158%

Of fresh water consumed has been recharged by our water projects

39.46 mw

Installed renewable energy capacity

1,800 mt

Flexible plastics collected

77%

Reduction in specific trade effluent over 5 years

Social

`74.6

Crores

CSR spent

~1,47,400

Cumulative participants skilled at Asian Paints Colour Academy

7,600+

Employee hours contributed to employee engagement activities

Brand portfolio

inspiring shades of Innovation

Interior Paints
Exterior Paints
Metal Finishes (Enamels)
Wood Finishes Range
Range of Tools
Adhesives
Smartercare Range of Waterproofing Products
Bath Fittings & Sanitaryware
Kitchens & Wardrobes
Nilaya Range of Wall Coverings
Sanitizers and Surface Disinfectants

Interior Paints

Exterior Paints

Metal Finishes (Enamels)

Metal Finishes

Wood Finishes Range

Range of Tools

Adhesives

SmartCare Range of Waterproofing Products

Bath Fittings & Sanitaryware

Kitchens & Wardrobes

Nilaya Range of Wall Covering

Sanitizers and Surface Disinfectant

Key Performance Indicators (STANDALONE)

progressing with optimism

Profit and Loss metrics

Revenue from Operations
(` in Crores)

9.5%

5-years CAGR

4.9%

y-o-y growth

EBITDA
(` in Crores)

13.9%

5-years CAGR

11.2%

y-o-y growth

EBITDA margin
(in %)

Cash generated from operations
(` in Crores)

14.0%

5-year CAGR

1.0%*

y-o-y growth

Profit after tax (PAT)
(` in Crores)

14.9%

5-year CAGR

24.5%

y-o-y growth

EPS after Exceptional Items
(` in)

14.9%

5-year CAGR

24.5%

y-o-y growth

Balance Sheet metrics

Net Fixed Assets
(` in Crores)

17.4%

5-years CAGR*

(5.0%)

y-o-y growth

Market Capitalisation
(` in Crores)

15.5%

5-years CAGR

11.6%

y-o-y growth

Average Capital Employed
(` in Crores)

13.9%

5-years CAGR

10.0%

y-o-y growth

Return on Capital Employed (ROCE)
(in %)

*The lockdown imposed in last fortnight of March 2020 due to COVID19 pandemic resulted in higher working capital requirement.

* Excluding impact of Ind AS 116 - Leases
# Includes impact of Ind AS 116 - Leases, addition of new plants in Mysuru and Visakhapatnam.

CHAIRMAN’S LETTER

bringing
JOY TO PEOPLE’S LIVES

Despite a difficult economic
environment, we registered
healthy growth in each of the
first three quarters

ASHWIN DANI
Chairman

FROM THE MD & CEO’S DESK

ushering
THE BRAND IN
THE ‘NEW NORMAL’

We see huge changes as we look at the ‘new normal‘ and we are working to see how do we look at anticipating the needs of the ever evolving customer, so that we are able to sustain our core values and ensure that we take the Company to a different trajectory

AMIT SYNGLE
Managing Director & CEO

MANAGEMENT
Discussion and
Analysis

Paint being a discretionary spend item, there is a likelihood of customers putting their paint requirements on hold for some time, impacting renovation demand.

Bringing Joy to people’s Lives

TRANSFORMING Spaces . HOMES . LIVES

transforming spaces

transforming homes

transforming lives

Performance in 2019-20

Financial*

`17,194.1Crores

`4,214.6 Crores

`2,654.0 Crores

`27.7

Environment

Social

Crores

Brand portfolio