Industry Overview

• Growth Rate & Revenue

• Share of Organized and Un-organized sector

• Major Player

• Business Segment: Decorative and Industrial

Company Overview

• History: Established in 1942 as Partnership Firm

• Current Position in market

• International presence

• Top Brands

Market Share

51%

16%

17%

13% 3%

Asian Paints LimitedKansai NerolacBerger PaintsAkzo NobelShalimar Paints

Revenue Breakdown

50

19

17

12 2

Revenue Breakup (%)

Enamels

Distemper

Interior Emulsions

Exterior Emulsions

Wood Finish

Category

Geography-wise Sales break-up

29%

8%13%

50% AsiaSouth PacificCaribbeanMiddle East

•82% Sales coming from Domestic Market•Rest 18% from International Market

Region

NET REVENUE & NPAT

2010-11 2011-12 2012-13 2013-14 2014-150

2000

4000

6000

8000

10000

12000

14000

16000

18000

7722

963210939

12715

14183

843

989

11141219

1395

NPATNET REVENUE

In Rs. Crore

Current Ratio Analysis

• Current Ratio = Current Assets Current Liabilities

2010-11 2011-12 2012-13 2013-14 2014-151.08

1.11.121.141.161.18

1.21.221.241.26

1.241.22

1.241.25

1.14999999999999

Current Ratio

Debt Equity Ratio Analysis

• Debt Equity Ratio = Total DebtTotal Equity

2010-11 2011-12 2012-13 2013-14 2014-150

0.02

0.04

0.06

0.08

0.1

0.12

Debt Equity Ratio

Net Profit Ratio Analysis

• Net Profit = Net Profit x 100Net Sales

Series18.5

9

9.5

10

10.5

11

11.5

10.92

10.26 10.18

9.599.84

Net Profit Ratio

2010-11 2011-12 2012-13 2013-14 2014-15

ROCE Ratio Analysis

• ROCE (%) = Earnings before interest and tax X 100

Capital Employed

2010-11 2011-12 2012-13 2013-14 2014-150

10

20

30

40

50

6058.9

54.350.3

47.6 45.3

ROCE

EPS Ratio Analysis

• EPS Ratio = NPAT- Preference dividend No of Equity Shares

2010-11 2011-12 2012-13 2013-14 2014-150

2

4

6

8

10

12

14

16

8.810.3

11.612.7

14.5

Earning per Share

Category-wise Shareholding

Technical Analysis

Compared to the Index

Mergers & Acquisition

1985-To obtain technical know-how to manufacture powder coating and coil coatings under an exclusive licence.

1990-Asian Paints (South Pacific) Ltd. Is subsidiary of Asian paints with a holding of 51% operates under brand name Apco coatings. It operates in Australia, Fiji, Tonga, Soloman Islands and Vanuatu Ltd.,

1997-. It was formed with the objective of providing solutions to the paint requirements of Indian Automobile manufacturers

2002-Asian paint acquired Berger international in Year November 2002 with holding of 51.1% stack, in August 2013 company brought 25.81% stack and then later in October 2013 it brought another 19.57% stack with total holding of Asian paints is now 96.48%.

2014- Asian Paints acquired Ess Ess bathroom and to acquire its entire front-end sales business including brands, network and sales infrastructure

2015-Asian Paint acquired 51% stack in Kadisco one of the leading paint companies in Ethiopia. Kadisco is engaged in the manufacturing and selling of decorative paints, industrial paints, automotive paints, other coatings and adhesives in Ethiopia.