8/12/2019 Asian Paints Ltd: Global Expansion case study

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ASIAN PAINTS Ltd.

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GLOBAL EXPANSION

YES

Though

revenues are up

by 217%, so was

expenditure of238%

At the same

time our growth

was restricted to

meagre 8% as

compared to

15%

PAT did make a

significant turn

around of 111%

in 04-05

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STRATEGIES FOR GROWTH

Against a modest 6% increased to 15% as per 04-05

ROCE

Minority interest has reduced by 9% due to Berger JV

inherent issues

BERGER

Though our Indian operations WCM is good, its not the case

with IB given the net expenses increase

WORKING CAPITAL

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Contd..

As per Exhibit#8 it should increase in Thailand, Bahrain &

Singapore

Increasing JV

Including Bergers Ningbo, Queensland rest all were turn around

by IB of APL

Exiting JV

Myanmar, Jamaica, Nepal & Bangladesh can be tapped given the

low per capita consumption and GDP

Emerging Markets