AP-PPG Business Growth and Sustainability Report
ap asianpaints
Home Décor Business
✰ Kitchen Business
❖ Rs. 100 crores+ delivery for 4th consecutive quarter
Full Kitchen solutions as well as Components
business doing well
Projects business gaining traction
❖ Network expansion continued in Full Kitchen dealer
network; with strong focus on RFT / customer delight
Rs. 7 crores loss this year (vs Rs. 8 crores loss in LY)
Material inflation hurting margins
Bath Business
Rs. 100 crores+ delivery for 3rd quarter in a row
Solid footing in the Projects business in
collaboration with the Decorative Project's team
Premium range 'Bath Sense' & Sanitary ware
expanding well
❖ Profitable quarter
Benefit of scale despite inflation effect. Profit of
Rs 5 crores this year(vs Rs 2 crores loss in LY)
99
66
%89
111
Kitchen Business
Revenue
55
116%
119
Bath Business
Q1 FY22
Q1 FY23
PBT
Kitchen Business
-8
-7
Q1 FY22
Q1 FY23
-2
5
Bath Business
(figures in columns in Rs. crs)View entire presentation