Finolex Industries Limited · NSE:FINPIPE
Finolex Industries — Q3 FY2025 Earnings Presentation
28 slides from Finolex Industries's earnings presentation, Feb 6, 2025
Slide 1: Stock exchange cover letter for investor presentation
6th February, 2025 The Manager – Listing Department The Manager – Listing Department National Stock Exchange of India Limited BSE Limited 5, Exchange Plaza, Floor 25, P. J. Towers, Bandra-Kurla Complex, Dalal Street, Bandra (East), Mumbai - 400051 Mumbai - 400 001 Symbol: FINPIPE Scrip Code: 500940
Slide 2: Investor Presentation Q3 FY 2024-25
Investor Presentation Q3 FY 2024-25
Slide 3: Business Performance
Business Performance Segment Revenue – Q3 FY25 Q3 FY25 9M FY25 Q3FY25 ₹ Cr Modest Volume growth in P & F ▪ Pipes & Fittings volume increased by ▪ Pipes & Fittings volume increased by both in Q3 FY25 5% to 85,767 MT from Q3 FY24 4 % to 2,45,729 MT from 9M FY24 and 9M FY25 ▪ PVC Resin volume increased
Slide 4: PVC Prices and PVC/EDC Delta
PVC Prices and PVC/EDC Delta PVC (USD/MT) PVC/EDC Delta (USD/MT) Q3FY25 Avg Q3FY24 Avg Q3FY25 Avg Q3FY24 Avg 2000 Q3FY24 Avg Q3FY25 Avg 1200 1800 1000 1600 1400 800 1200 465 517 1000 600 787 801 800 400 600 400 200 200 0 0 3
Slide 5: Business Performance of the Company (Total)
Business Performance of the Company (Total) Revenue (₹ Cr) EBITDA (₹ Cr) -31% -2% 21% 655% 120 1,020 1,001 828 83 11 Q3 FY24 Q2 FY25 Q3 FY25 Q3 FY24 Q2 FY25 Q3 FY25 PBT (₹ Cr) Sales volumes (in MT) [P&F + Resin] 14% -21% 30% 53% 120 142,597 95 125,049 109,577 62 Q3 FY24 Q2 FY25 Q3 FY25 Q3 FY24 Q2 FY
Slide 6: Segment Performance – Key highlights Q3 FY25
Segment Performance – Key highlights Q3 FY25 P&F sales volume (MTs) PVC sales volume (MTs)* 30% 5% 41% 24% 56,830 85,767 43,737 40,236 81,312 69,341 Q3 FY24 Q2 FY25 Q3 FY25 Q3 FY24 Q2 FY25 Q3 FY25 *Including inter segment P&F EBIT (₹ Cr) PVC EBIT (₹ Cr) -57% 26% 8% 182% 36 39 74 32 31 (39) Q3 FY24 Q
Slide 7: Pipes and Fittings
Segment Performance – Key highlights Q3 FY25 Pipes and Fittings ₹ 993 Cr 85,767 MT ₹ 32 Cr 5% y-o-y (57%) y-o-y Revenue Volume EBIT ₹ 413 Cr 56,830 MT ₹ 39 Cr Resin 29% y-o-y 30% y-o-y 26% y-o-y Revenue Volume EBIT 6
Slide 8: EBITDA Movement Q3 FY25 vs. Q3 FY24
EBITDA Movement Q3 FY25 vs. Q3 FY24 ₹ Cr 119.9 (18.4) (6.3) (7.3) (4.4) 83.4 EBITDA Revenue Materials Employee Other EBITDA Q3 FY24 consumed benefit expenses Q3FY25 expenses 7
Slide 9: EBITDA Movement 9M FY25 vs. 9M FY24
EBITDA Movement 9M FY25 vs. 9M FY24 ₹ Cr 375.9 (111.9) 54.8 (16.3) (0.8) 301.8 EBITDA Revenue Materials Employee Other EBITDA 9M FY24 consumed benefit expenses 9M FY25 expenses All numbers on Standalone basis excluding exceptional items 8
Slide 10: Summarised Income Statement
Summarised Income Statement ₹ Crore Particulars Quarter Ended YTD Dec-24 Dec-23 Dec-24 Dec-23 Unaudited Unaudited Unaudited Unaudited Income Revenue from Operations 1,001.2 1,019.7 2,970.2 3,082.0 Other income 48.4 35.1 186.4 137.3 Total income 1,049.6 1,054.8 3,156.5 3,219.3 Expenses Material cost
Slide 11: Select Marketing Initiatives
Select Marketing Initiatives 10
Slide 12: Highlights
Highlights People reached People reached Retail counters through ATL, through on-ground branding completed sponsorships and events & exhibitions social media across India 16 Cr+* 0.7 Cr+* 2505+ Nos *The data mentioned above are not unique & may contain overlaps within the platforms 11
Slide 13: Brand Integrations and Campaigns
Brand Integrations and Campaigns TV campaigns ,Cinema Branding, In-Film integrations, Cricket- IPL TV campaigns- Weather branding in Diwali– Digital and Cinema Campaign- In- film Branding- Max movie (Kannada) regional news channels in 13 states Reach- 11 Cr+ Navaratri Festival Digital campaign: Tota
Slide 14: Channel partner and stakeholder engagement activities
Channel partner and stakeholder engagement activities New Year Diaries Gifting Diwali gifting Premium Complimentary Diary- 1200 qty Dealer, Retailer and Key Influencers Gifting- 23,000 qty. Complimentary Mass Diaries- 36,000 qty Sharing Mass diaries- 81,200 qty 13
Slide 15: Branding
Branding Retail Branding, Wall wrap branding, On-ground, Exhibitions 14
Slide 16: Outreach Programs
Outreach Programs Merchandise Gifting and Distribution at Agro and Festive Events Agro Vision, Nagpur- Showcasing our brand alongside renowned Kisan Agro, Pune- Finolex Branding, standees, LED banners, 15,000 Cap dignitaries like Union Minister for Road Transport & Highway, Shri Nitin distribution,
Slide 17: Outreach Programs
Outreach Programs Merchandise Gifting and Distribution at Festive Events Navratri Durga Puja Mandaps Brand Activation CG2 location: Durga Puja, Kolkata On-ground Activities- Durg & Charama 3 Arch Gates Activity QTY Arch gates 700 Tabletop memento across WB, 1300 OD, BH, JHK Video 16
Slide 18: Social Media Communications
Social Media Communications Digital amplification of on-ground events and communication Kisan Divas digital campaign Whatsapp communication: Product, Regular Social media communication – Notifications, festive communication International Mens Day 17
Slide 19: PR Outreach
PR Outreach Regional TV Influencer Campaign- Adgully, Appointment of Mr. Sanjay Dhanorkar as Manging Finolex Diwali Digital and Cinema Campaign- Afaqs!, ET Brand Equity, IndianTelevision, Director- BW People, Business Standard, Best ET Brand Equity, Afaqs!, MediaBrief, SME Sreet, Sociapa Cine Buzz,
Slide 20: CSR Update
CSR Update 19
Slide 21: Presence of Mukul Madhav Foundation in India
Presence of Mukul Madhav Foundation in India 20
Slide 22: Sustainable Development Goals (SDGs)
SUSTAINABLE DEVELOPMENT GOALS (SDGS) 21
Slide 23: Working in 15 out of 16 CSR Mandated Areas
Working in 15 out of 16 CSR Mandated Areas 22
Slide 24: CSR activities Q3 FY25 - some snapshots
CSR activities Q3 FY25 - some snapshots Promoting Preventive Healthcare Agriculture & Rural Development Promoting Gender Equality ▪ Organised Cervical vaccination program with partner Serum Institute at Mahatma Gandhi School. (Delivered 2nd dose for HPV vaccine) ▪ Conducted Bi-Annual mammography cam
Slide 25: CSR activities Q2 FY25 - some snapshots
CSR activities Q2 FY25 - some snapshots Support to Differently Abled Promotion of Vocational Skills, Livelihoods Clean Water & Sanitation ▪ Extended Support to deaf and blind people in Salem, Guwahati, ▪ Training at Dabhoi Taluka, Vadodara about various types of enterprises Ganganagar. that Tribal W
Slide 26: CSR activities Q2 FY25 - some snapshots
CSR activities Q2 FY25 - some snapshots Eradication of Hunger and Poverty Other Key Impact Initiatives Animal Welfare ▪ This Diwali we celebrated 5 Years of ‘Give with Dignity’ activity, this program is designed to uplift and ignite a wide range of beneficiaries, ▪ Provided fodder to cattle in assoc
Slide 27: CSR activities Q2 FY25 - some snapshots
CSR activities Q2 FY25 - some snapshots Environment Sustainability Promotion of Education ▪ Organised “Cleaning Drive” for Gaonkhadi beaches, wherein 125 participants contributed. ▪ Provided comprehensive skill-based training to 2000 children across 5 schools in Padra block, ▪ Signed MOU with forest
Slide 28: Thank You
THANK YOU https://www.finolexpipes.com/ 27