INTEGRATED REPORT About us
Transforming
the ordinary
Having started our journey in a garage at Foras Road, Bombay (now known as Mumbai), we have never stopped believing in the joy and power of transformation. For the past 80 years, we have given our all to help people find beauty in the ordinary and transform their world with colours.
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Financial
₹ 25,002.1 Crores
Revenue from Sale of products and services
(36.8% - Y-o-Y growth)₹ 5,039.7 Crores
Earning before Interest Taxes Depreciation and Amortisation (EBITDA)
(3.7% - Y-o-Y growth)₹ 3,134.7 Crores
Profit after tax
(2.7% - Y-o-Y growth)58.6%
Dividend pay-out ratio
(56.1% in FY 2020-21)
Operational
1,730,000 KL/annum
Installed decorative
paint capacity
600,000+ KL
Produced and purchased from outsourced processing centres
29
New products launched
17
Patents granted
Environment
61.1%
Share of renewable energy in total energy consumption
282%
Water replenishment
63.7%
Reduction in specific hazardous waste disposal
Social
₹ 70.8 Crores
CSR expenditure
270,000+
Beneficiaries impacted through health initiatives
375,000+
Participants attended training sessions at the Asian Paints Colour Academy
Governance
50%
Board comprises of Independent Directors
98%
Average attendance rate in Board meetings
30+ hours
Average time spent by the Board of Directors on matters of strategic importance
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Chairman's letter
Taking a brilliant
innings forward
While 'ESG' is today’s fad word, we have always looked at intertwining the
sustainability agenda into your Company's business objectives and considered
sustainability focus a key driver of longterm value creation
Deepak Satwalekar
Chairman
Meet the board
MD & CEO's message
A year of audacious
actions and intent to
deliver joy
Our zeal to provide quality experience to our customers during the painting
process has resulted in a rapid expansion of the Safe Painting Service which is now available in over large number of towns across the country
Amit Syngle
Managing Director & CEO
Value creation model
Delivering joy to people's lives
Inputs
Outputs
Outcomes
Capitals
Stakeholder engagement
Managing our relationships
We continuously engage with our stakeholders to identify and address issues that have a material impact on our long-term value-creation abilities.
DownloadMateriality
Evaluating issues core to business sustainability
To determine which issues are material to our business, we assess the external environment, consider stakeholders' interests and concerns
DownloadESG strategy
Making responsible choices
Being a world class enterprise, we preserve nature, embrace integrity, provide impeccable confidence to stakeholders
DownloadGovernance
Strong foundation for a brighter future
At Asian Paints, we believe in empowering our stakeholders and creating a culture of transparency and accountability.
DownloadRisk management
Balancing risks and opportunities
Our business is subject to risks and uncertainties that could have both short-term and long-term implications for the Company.
DownloadClimate reporting disclosures
Climate change
Climate change has vastly impacted life on Earth. The world is already witnessing abrupt climate events, extreme weather patterns that are altering the course of humanity.
DownloadManagement discussion and analysis
The second advance estimates of the Ministry of Statistics and Program Implementation have put the GDP growth for FY 2021-22 at 8.9% compared to the 7.3% contraction in FY 2020-21.
