Kamdhenu Ventures Limited – Investor Presentation Summary

Key Operational Highlights

  • Deep penetration across underserved areas of the Rural Hindi Hinterland regions
  • Diversified and eco-friendly product portfolio including Premium Exterior Emulsions, Wood Finishes, and Wood Adhesives
  • Well-entrenched and highly incentivized dealer network
  • Prominence in India's emerging cities
  • State-of-the-art manufacturing facilities & infrastructure
  • Brand promotional activities including digital campaigns, television campaigns on Aajtak, Zee News, Zee Business, ABP and CNBC Network
  • Brand educational activities including dealer meets, painter meets, seminars, conferences, workshops, international trips, and motivational sessions
  • Participation of noted celebrities in brand promotions and event participation
  • 'TARGET KA BADSHAH' Mega Paints Event for Dealer & Distributor Awards

Key drivers of operational performance:

Focus on premiumization of portfolio, robust hiring plans, ERP tools & IT aided supply chain, targeting urban markets through institutional sales, increased penetration in South by tie-up with contract manufacturer

Financial Highlights

Consolidated (Kamdhenu Ventures Limited):

  • Revenue: ₹46.3 crores (Q1 FY27) vs ₹50.2 crores (Q1 FY26), -8% YoY
  • Gross Profit: ₹18.8 crores vs ₹23.9 crores, -22% YoY
  • GP Margin: 40.5% vs 47.6%
  • EBITDA: -₹2.1 crores vs ₹3.3 crores
  • EBITDA Margin: -4.4% vs 6.6%
  • PAT: -₹4.4 crores vs ₹0.9 crores

Standalone (Kamdhenu Colour and Coating Limited):

  • Revenue: ₹45.4 crores (Q1 FY27) vs ₹50.2 crores (Q1 FY26), -10% YoY
  • Gross Profit: ₹18.7 crores vs ₹23.9 crores, -22% YoY
  • GP Margin: 41.3% vs 47.6%
  • EBITDA: -₹1.9 crores vs ₹3.5 crores
  • EBITDA Margin: -4.2% vs 7.0%
  • PAT: -₹4.4 crores vs ₹1.1 crores

Historical Performance of Paints Business (Consolidated)

| FY | Revenue | GP Margin | EBITDA Margin | PAT |

| FY26 | ₹245.3 crores | 42.0% | 3.9% | ₹0.2 crores |

| FY25 | ₹266.1 crores | 44.1% | 6.3% | ₹6.7 crores |

| FY24 | ₹291.7 crores | 45.2% | 7.7% | ₹13.9 crores |

| FY23 | ₹259.5 crores | 34.4% | -0.2% | -₹11.3 crores |

| FY22 | ₹241.4 crores | 34.2% | 1.3% | -₹12.7 crores |

Balance Sheet Snapshot (Consolidated as of Q1 FY27)

  • Total Equity: ₹178.7 crores
  • Non-Current Liabilities: ₹17.7 crores
  • Current Liabilities: ₹90.2 crores
  • Total Assets: ₹286.6 crores
  • Non-Current Assets: ₹60.2 crores
  • Current Assets: ₹226.4 crores (including Inventories: ₹56.0 crores, Trade Receivables: ₹147.0 crores, Cash and Cash Equivalents: ₹18.6 crores)

Cash Flow Health (Consolidated FY26)

  • Net Cash from Operating Activities: ₹10.9 crores
  • Net Cash from Investing Activities: -₹9.0 crores
  • Net Cash from Financing Activities: ₹11.7 crores
  • Net Increase in Cash: ₹13.6 crores

Strategic & Growth Initiatives

  • Targeting urban markets through institutional sales
  • Increased penetration in South India by tie-up with contract manufacturer
  • Robust hiring plans
  • ERP tools & IT aided supply chain implementation
  • Premiumization of product portfolio
  • Enhanced dealer density and network incentives

Management & Governance

Experienced Board of Directors:

  • Mr. Sunil Kumar Agarwal - Chairman
  • Mr. Saurabh Agarwal - Managing Director
  • Mr. Sachin Agarwal - Non Executive Director
  • Mr. Ramesh Chand Surana - Independent Director
  • Mr. Madhusudan Agrawal - Independent Director
  • Mrs. Nishal Jain - Independent Director

Contact Information:

  • Mr. Harish Kumar Agarwal - Group CFO
  • Mr. Deven Dhruva / Ms. Krisha Shrimankar - Investor Relations

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