Finolex Industries Limited · NSE:FINPIPE
Finolex Industries — Q4 FY21 Earnings Presentation
23 slides from Finolex Industries's earnings presentation, Jun 25, 2021
Slide 1: Exchange filing cover letter
Registered Office I Urse Plant Tel +91 2114 237251 I 237253 Finolex Industries Limited Toll Free 1800 200 3466 Gat No. 399, Village Urse, Tal.-Maval , Fax +91 2114 237252 Dist. Pune 410 506, Maharashtra, India Email investors@finolexind.com CIN L40108PN1981PLC024153 Web finolei<pipes.com FIL/ SEC /
Slide 2: Investor Presentation Q4 FY21
Investor Presentation Q4 FY21
Slide 3: Business delivers strong performance
Business delivers strong performance Q4 FY21 FY21 Segment Revenue - Q4 FY21 Rs Crs Highest ever Total revenue registered a Total revenue registered a quarterly & y-o-y growth of 62.5% to y-o-y growth of 16.0% to annual revenue Rs. 1,249 Crs Rs. 3,463 Crs 920 902 Significant EBITBA grew by 305.
Slide 4: Segment Performance – Key highlights Q4 FY21
Segment Performance – Key highlights Q4 FY21 Pipes and Fittings 901.70 Crs 60,232 MT 69.49 Crs 42.6% y-o-y (3.6%) y-o-y 11.1% y-o-y Revenue Volume EBIT 920.24 Crs 75,281 MT 328.46 Crs 111.0% y-o-y 25.3% y-o-y 947.6% y-o-y Resin Revenue Volume EBIT 3
Slide 5: Segment Performance – Key highlights FY21
Segment Performance – Key highlights FY21 Pipes and Fittings 2,635.30 Crs 2,12,060 MT 251.19 Crs 3.2% y-o-y (16.8%) y-o-y 24.2% y-o-y Revenue Volume EBIT 2,273.31 Crs 2,36,086 MT 696.40 Crs Resin 35.5% y-o-y (1.3%) y-o-y 248.9% y-o-y Revenue Volume EBIT 4
Slide 6: Business Performance- Segment
Business Performance- Segment P&F Volume (MTs) PVC Volume (MTs) (3.6)% 25.3% 11.1% 8.9% 62,464 75,281 60,232 60,100 67,741 55,299 Q4 FY20 Q3 FY21 Q4 FY 21 Q4 FY20 Q3 FY21 Q4 FY 21 P&F EBIT (Rs Cr) PVC EBIT (Rs Cr) 11.1% 947.6% (23.6%) 33.7% 91 328 63 69 246 31 Q4 FY20 Q3 FY21 Q4 FY 21 Q4 FY20 Q3 FY2
Slide 7: Business Performance of the company
Business Performance of the company Revenue (Rs Cr) EBITDA (Rs Cr) 62.5% 305.3% 16.2% 17.2% 424 1,249 364 1,066 769 105 Q4 FY20 Q3 FY21 Q4 FY 21 Q4 FY20 Q3 FY21 Q4 FY 21 PAT (Rs Cr) Net Investments (Rs Cr) 433.7% 16.2% ## 40.3% 297 256 825 588 56 -97 Q4 FY20 Q3 FY21 Q4 FY 21 Q4 FY20 Q3 FY21 Q4 FY 21
Slide 8: EBITDA Movement Q4 FY21 vs Q4FY20
EBITDA Movement Q4 FY21 vs Q4FY20 Rs Crs (140.78) 480.68 (18.57) (14.82) 423.59 12.56 104.51 EBITDA Revenue Materials Employee Other expenses Other Income - EBITDA Q4FY20 consumed benefit expenses Q4FY21 7
Slide 9: Summarised Income Statement
Summarised Income Statement Rs. In Crores Q4FY21 Q4FY20 YOY Change FY21 FY20 YOY Change Total Income from operations 1,249.34 768.66 62.5% 3,462.82 2,984.51 16.0% Other Income 13.54 0.98 72.48 30.84 EBITDA 423.59 104.51 305.3% 1,061.79 478.28 122.0% EBITDA margin (%) 33.9% 13.6% 30.7% 16.0% Deprecia
Slide 10: Balance Sheet - Key Indicators
Balance Sheet - Key Indicators Rs. In Crores 31st March 2021 31st March 2020 Equity and liabilities Share capital 124.10 124.10 Reserves and surplus 2,948.78 1,805.71 Long term borrowings - - Short term borrowings (including loans 203.85 282.67 repayable in one year) Assets Fixed assets (Net block)
Slide 11: PVC Prices & PVC/EDC Delta
PVC Prices & PVC/EDC Delta PVC (USD/MT) PVC/EDC Delta (USD/MT) 1800 1200 1600 1000 1400 1200 800 1000 600 800 600 400 400 200 200 0 0 10
Slide 12: Key Strategies
Key Strategies EXPANDING CAPACITY CASH-N-CARRY BRANDING FOOTPRINT EXPANSION Follow Cash-n-carry Promote brand and Expand distribution Increase installed model to keep the quality network in all capacities of PVC balance sheet light. consciousness geographies with higher pipes and fittings in amongst
Slide 13: Footprints
Footprints 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 21,000 retail touch points Delhi Masar Pune Urse Ratnagiri Corporate Office at Pune Works Warehouse B
Slide 14: CSR Activities in Q4 FY21 – some snapshots
CSR Activities in Q4 FY21 – some snapshots Promotion Of Education – Accessible and Quality Education Eradicating Extreme Hunger and Poverty Promoting Preventive Healthcare Ensuring learning doesn’t stop due to lockdown, world 1 Crore individual impacted in our endeavour in eradicating hunger 7
Slide 15: CSR Activities in Q4 FY21 – some snapshots
CSR Activities in Q4 FY21 – some snapshots Promotion of Vocational Skill and Livelihoods Promoting Gender Equality and Empowering Women Other Key Initiatives & Partnerships Installed a pipeline network to the hostel and plantation Infrastructure Elevator support for Anand Ghar Old age Home, Un
Slide 16: CSR Activities in Q4 FY21 – Covid-19 Relief Efforts
CSR Activities in Q4 FY21 – Covid -19 Relief Efforts FIL & MMF have been working relentlessly to support the society in the times of a global health pandemic through extending support in various needs for Groceries, PPE kits, Healthcare , Safety kits that has arisen from this pandemic across India
Slide 17: Print, Magazine Ads, & Other Branding Activities
Print, Magazine Ads, & Other Branding Activities Indian Plumbing Association Magazine/Epaper Ads Festive Ads 16
Slide 18: Electronic Coverage, Outdoor Advertising, Event Promotion
Electronic Coverage, Outdoor Advertising, Event Promotion Events Association Outdoor Advertising/Events Digital Events 17
Slide 19: Finolex Industries Limited
FINOLEX INDUSTRIES LIMITED & Mr. Krishna Kumar (AGM Finance) kck@finolexind.com D-1/10, M.1.D.C. Chinchwad, Pune 411019 020 2740 8200 | 1-800-2003266 www.finolexpipes.com
Slide 20: Volume Data
Finolex Industries Ltd. Volume Data Sr. No. Particulars Q4FY18 Q1FY19 Q2FY19 Q3FY19 Q4FY19 Q1FY20 Q2FY20 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 1 Production in MT a PVC Resin 82,672 52,757 45,839 76,686 84,221 51,785 41,347 83,370 70,891 13,785 43,338 84,016 83,896 b PVC pipes & fittings 71,774 7
Slide 21: Finolex Industries ends FY21 on a historic high
Finolex Industries ends FY21 on a historic high; reports Rs. 1,061.79 Cr EBITDA on a full year revenue of Rs. 3,462.82 Cr Pune, 25 June 2021: Finolex Industries Limited (NSE:FINPIPE|BSE:500940), India’s largest and only backward integrated manufacturer of PVC Pipes and Fittings, at its Board Meeting
Slide 22: Share split and dividend recommendation
Finolex has always endeavored to create value for its shareholders. Earlier this year in January 2021, Finolex Industries had announced a share split which was received positively by the markets reflecting confidence in the long-term growth plans of the company. This has increased the liquidity of o
Slide 23: About Finolex Industries
About Finolex Industries: Finolex Industries Limited, headquartered in Pune, is India’s largest and only integrated manufacturer of PVC Pipes & Fittings. Three state-of-the-art manufacturing plants at Pune and Ratnagiri in Maharashtra and Masar in Gujarat enable us to exceed customer expectations. W