Finolex Industries Limited · NSE:FINPIPE
Finolex Industries — Q3 FY2018 Earnings Presentation
23 slides from Finolex Industries's earnings presentation, January 2018
Slide 1: Finolex Industries Limited Q3FY18 Results
FINOLEX INDUSTRIES LIMITED Q3FY18 RESULTS
Slide 2: Q3FY18 Results Summary
Results Summary Operating Highlights Financial Summary Key Strategies Appendix Q3FY18 Results Summary 50.2% 50.2% 26.5% 61,514 71,107 Pipes and 40,966 56,226 Fittings volume Q3FY17 Q3FY18 Q3FY17 Q3FY18 Volumes (MT) P & F # Volumes (MT) PVC resin* 1,297 7,227 25.4% 1,133 5,765 12.6% 719 695 3.3% Q3FY
Slide 3: 9MFY18 Results Summary
Results Summary Operating Highlights Financial Summary Key Strategies Appendix 9MFY18 Results Summary 24.0% 24.0% 17.7% 180,278 186,644 Pipes and 145,357 158,563 Fittings volume FY17 FY18 FY17 FY18 Volumes (MT) P & F # Volumes (MT) PVC resin* 13.0% 19,287 2,213 3,759 1,776 2,936 17,062 21.9% 19.7% F
Slide 4: Profit & Loss Account Q3FY18
Results Summary Operating Highlights Financial Summary Key Strategies Appendix Profit & Loss Account Particulars (INR Mn) Q3FY18 Q3FY17 Total Income from operations * 7,227 5,765 EBIDTA 1,133 1,297 EBIDTA margin (%) 15.68% 22.50% Depreciation 154 140 EBIT 979 1,157 EBIT % 13.55% 20.07% Other Income
Slide 5: Profit & Loss Account 9MFY18
Results Summary Operating Highlights Financial Summary Key Strategies Appendix Profit & Loss Account Particulars (INR Mn) 9MFY18 9MFY17 Total Income from operations * 19,287 17,062 EBIDTA 2,936 3,759 EBIDTA margin (%) 15.22% 22.03% Depreciation 450 412 EBIT 2,486 3,347 EBIT % 12.89% 19.62% Other Inc
Slide 6: EBITDA Bridge Chart Q3FY18
Results Summary Operating Highlights Financial Summary Key Strategies Appendix EBITDA Bridge Chart Q3FY18 (INR Mn) 1,462 1,297 1,133 IND AS EBIDTA Q3FY17 Sales Cost of material Employee benefit Other expenses EBIDTA Q3FY18 consumed expenses -39 -138 -1,450 6
Slide 7: Business Scenario
Results Summary Operating Highlights Financial Summary Key Strategies Appendix Business Scenario 71518 1100 67693 66125 63982 1050 61514 1000 47246 950 42445 40966 38266 900 850 800 750 700 Jun-16 Jun-17 Nov-15 Sep-15 Nov-16 Nov-17 Feb-16 Sep-16 Feb-17 Sep-17 Apr-16 Apr-17 Aug-15 Oct-15 Aug-16 Oct-1
Slide 8: Quarterly - Profit & Loss
Results Summary Operating Highlights Financial Summary Key Strategies Appendix Quarterly - Profit & Loss Particulars (INR Mn) Q4FY16 Q1FY17 Q2FY17 Q3FY17 Q4FY17 Q1FY18 Q2FY18 Q3FY18 Total income from operations * 8,094 6,728 4,568 5,765 8,877 7,307 4,753 7,227 EBIDTA 1,156 1,592 870 1,296 1,785 1,30
Slide 9: Quarterly segmental - Profit & Loss
Results Summary Operating Highlights Financial Summary Key Strategies Appendix Quarterly segmental - Profit & Loss Particulars (INR Mn) Q4FY16 Q1FY17 Q2FY17 Q3FY17 Q4FY17 Q1FY18 Q2FY18 Q3FY18 Segmental revenues * PVC 4,538 4,048 2,564 4,043 5,572 5,137 2,742 4,598 PVC pipes & fittings 5,585 5,829 3,
Slide 10: Profit & Loss - Key Indicators
Results Summary Operating Highlights Financial Summary Key Strategies Appendix Profit & Loss - Key Indicators Profit & loss account (INR Mn) FY12 FY13 FY14 FY15 FY16* FY17* Revenue from Operations (excl. excise duty) 20,997 21,448 24,531 24,762 24,819 26,024 Growth in sales (YoY %) 6.16% 2.15% 14.37
Slide 11: Balance sheet - Key Indicators
Results Summary Operating Highlights Financial Summary Key Strategies Appendix Balance sheet - Key Indicators Balance Sheet (INR Mn) FY12 FY13 FY14 FY15 FY16* FY17* H1FY18* Equity and liabilities Share capital 1,241 1,241 1,241 1,241 1,241 1,241 1,241 Reserves and surplus 5,381 5,971 6,656 6,633 14,
Slide 12: Key Ratios
Results Summary Operating Highlights Financial Summary Key Strategies Appendix Key Ratios 10,424 Gross Debt (INR Mn) EBITDA Margin* 8,394 21.6% 7,466 7,134 6,371 16.7% 16.2% 16.3% 11.9% 11.0% 8.5% 2,117 942 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY11 FY12 FY13 FY14 FY15 FY16 FY17 Debt/Equity (x) 1.60 Fi
Slide 13: Key Strategies
Results Summary Operating Highlights Financial Summary Key Strategies Appendix Key Strategies EXPANDING FOOTPRINT CAPACITY EXPANSION CASH-N-CARRY BRANDING Expand distribution Increase installed Follow Cash-n-carry Promote brand and network in all geographies capacities of PVC pipes model to keep the
Slide 14: Opportunities – Agriculture sector continues to be thrust area
Results Summary Operating Highlights Financial Summary Key Strategies Appendix Opportunities – Agriculture sector … continues to be thrust area Total allocation for Rural, Under the Pradhan Mantri Niti Ayog, in Extend facility of Kisan Agriculture sector is Rs.14.34 Krishi Sinchai Yojana, 48 consult
Slide 15: Opportunities - Non-Agriculture sector, housing and infrastructure
Results Summary Operating Highlights Financial Summary Key Strategies Appendix Opportunities - Non - Agriculture sector i.e. housing and infrastructure … also continues to be thrust area Under the Prime Minister During the year, the Awas Scheme it is Swachh Bharat Mission Company tied-up with the pr
Slide 16: Distribution reach: Offices, Works and Warehouses
Results Summary Operating Highlights Financial Summary Key Strategies Appendix Distribution reach Offices, Works and Warehouses • FIL is on track in terms of expanding its scale of operations by increasing production capacity and distribution reach • Wide network of 18,000 retail touch points Delhi
Slide 17: Branding & advertisements – some snapshots
Operating Results Summary Financial Summary Key Strategies Appendix Highlights Branding & advertisements – some snapshots FIL associated with Diwali 2017 Retail Branding Phase 1 2018 Calendar and diary dispatch to FIL merchandise launch on Diwali 2017 Gift – release ‘Golmaal Again’ as Brand executio
Slide 18: Participation in Exhibitions – Some snapshots
Operating Results Summary Financial Summary Key Strategies Appendix Highlights Participation in Exhibitions – Some snapshots My Build Tech, Build Expo (Non-Agri) (Non-Agri) Mysore Erode, Tamil Nadu 6-11 Dec 2017 22-25 Dec 2017 Krishi Mela (Agri) Surat 25-29 Nov 2017 Sindhu Exhibition KISAN 2017 Mosh
Slide 19: Corporate Social Responsibility – some snapshots
Operating Results Summary Financial Summary Key Strategies Appendix Highlights Corporate Social Responsibility – some snapshots Signing of MOU basis invitation Global Award by Global Sindhi Council – Sawli Care Centre, Kolhapur was On 11th Nov, MMF launched its first film received from Pune Municipa
Slide 20: Corporate Social Responsibility – some snapshots
Operating Results Summary Financial Summary Key Strategies Appendix Highlights Corporate Social Responsibility – some snapshots MMF and FIL inaugurated their 8th On completion of 2 years of Mission CP MMF and FIL organized a 2-day training The Masar Grampanchayat (Gujarat) Cancer Detection Camp for
Slide 21: Accolades and awards
Results Summary Operating Highlights Financial Summary Key Strategies Appendix Accolades and awards Finolex Pipes and Mukul Recently Awarded with The National Record Global CSR Excellence & India’s most Trusted Madhav Foundation was The Supply Chain certificate by The Limca Leadership Award at the B
Slide 22: Shareholding Pattern as on December 31, 2017
Results Summary Operating Highlights Financial Summary Key Strategies Appendix Shareholding Pattern as on December 31, 2017 Others Promoters 34.93% 52.47% 4.33% Mutual Funds Foreign Portfolio Investors 8.27% 4.02% 22
Slide 23: Finolex Industries Limited
Agri Pipes and Fittings Column Pipes Casing Pipes ASTM Pipes and Fittings CPVC Pipes and Fittings Sewerage Pipes Solvent Cement SAFE HARBOR STATEMENT: No part of this presentation is to be circulated, quoted, or reproduced for any distribution without prior written approval from Finolex Industries L