Finolex Cables Limited · NSE:FINCABLES
Finolex Cables — Q3 FY2023 Earnings Presentation
28 slides from Finolex Cables's earnings presentation, Feb 13, 2023
Slide 1: Exchange cover letter: Investor Presentation for conference call
SELECTED ~u~~rll~Dn~ CONSUMER VALIDATED FCL:SEC:SE:PRSN:23:21 13th February, 2023 Corporate Relations The Manager Mr Tom Schmit Department Listing Department Luxembourg Stock BSE Limited National Stock Exchange of Exchange 1st Floor, New Trading Ring India Ltd PO Box 165 l{otunda Building, p J 'Exch
Slide 2: No Stress Finolex Q3 FY 2023 Presentation
No Stress Finolex Q3 FY 2023 PRESENTATION
Slide 3: Q3 FY 2023 Financial Performance
Q3 FY 2023 Financial Performance
Slide 4: Index
INDEX Finolex in Segment About the Forging ahead Finolex House Numbers Overview Company Our New Product Our Key Figure- TVC Contribution to Our Key Figure Launch Q3 FY 23 Society Key figure- Standalone Key figure- Key Figure- Financial Communication Statement of Electrical Cable Other Products State
Slide 5: Finolex in Numbers
Finolex in Numbers deca 5 Manufacturing sites 1,50,000 Retailers Depots fan 1,589 Employees oe 5,000 Channel Partners ie) 22% Market Share in the organised wires industry Revenue break-up (as on FY 2022) 85% Electrical wires and cables 10% Communication cables 5% Copper rod and Other products
Slide 6: Strong Brand Positioning
Strong Brand Positioning Deep commitment to quality, safety, and reliability has helped us win overwhelming consumer loyalty and position ourselves as 3 powerful brand, resulting in sustained growth. Seund Financials Robust Finencials with zero net debt helps us grow aggressively and create lasting
Slide 7: Finolex House
Finolex House; Commitment to consumer to offer them the whole range of Finolex quality product under one range. Finolex House:- Bangaluru, Chennai, Gaziabad, Secunderabad, Raipur, Ranchi, Vadodara, Bhubaneshwar.
Slide 8: Xceeds Xpectations
XCEEDS XPECTATIONS: XCEEDS XPECTATIONS
Slide 9: Contribution to Society: community development
As a responsible corporate, we endeavour to achieve holistic development of the communities in which we operate and improve the livelihoods of the marginalized and vulnerable sections. Our dedication to creating value for stakeholders is evident in our F meaningful and purposeful community developme
Slide 10: Our Upcoming Product Launch: Crease Free - Stress Free
Our Upcoming Product Launch: Crease Free - Stress Free
Slide 11: Key Highlights
Key Highlights Top Line (Revenue) Operating (EBITDA) Profitability (PAT) Q3 FY 23 : 1,150 Crore Q3 F Y 23 :174 Crore Q3 FY 23 : 135 Crore 18% Y-o-Y 37% Y-o-Y 42% Y-o-Y 6% Q-o-Q (12)% Q-o-Q (1)% Q-o-Q FY23: 3257 Crore FY23: 504 Crore FY23: 367 Crore 26% Y-o-Y 17% Y-o-Y 22% Y-o-Y Quarter 2 EBITDA incl
Slide 12: Key Highlights-Q3FY23
Key Highlights-Q3FY23 (Rs. In Crore) (Rs. In Crore) REVENUE EBITDA (Rs. In Crore) PAT (% Margin) (% Margin) 1200 Revenue PAT 1150 250 EBITDA 1150 160 199 137 1091 200 140 135 1100 174 120 1050 150 127 95 100 1000 973 100 80 950 60 Q-o-Q Y-o-Y 50 Q-o-Q Y-o-Y 900 18% 40 Y-o-Y 6% (12)% 37% Q-o-Q 20 (1)
Slide 13: Electrical Cables
Q3 FY23 Electrical Cables REVENUE (Rs. In Crore) EBIT (Rs. In Crore) ▪ Revenue increase led by volume increase – 24% in 140 132 (% Margin) 1000 wires. 120 111 947 950 Q-o-Q Y-o-Y ▪ Revenue improved by 8% Q-o-Q and 14% increase 8% 15% 100 Q-o-Q 88 Y-o-Y 900 878 80 19% against previous Y-o-Y level. 51
Slide 14: Communication Cables
Q3 FY23 Communication (Rs. In Crore) (Rs. In Crore) REVENUE EBIT Cables 180 160 147 159 4 4 Q-o-Q 3 (% Margin) 3 Y-o-Y ▪ Most product lines showed volume 140 2 16% 249 120 Q-o-Q Y-o-Y expansion. 100 (7)% 60% 92 1 80 0 ▪ Volume of metal-based products improved by 60 -1 Q3FY23 Q2FY23 Q3FY22 27% during
Slide 15: Others
Q3 FY23 Others ▪ Continued focus on distribution network; improvement REVENUE (Rs. In Crore) EBIT (Rs. In Crore) 0.60 (% Margin) in geographical coverage and increasing wallet share 52 52 0.52 0.50 from retailers. 0.50 51 ▪ Volume growth in new products within the FMEG sector 50 Y-o-Y 50 0.40 Q-o-Q
Slide 16: Financial Statements
Financial Statements Finolex Cables Limited | Q3FY23 Earning Presentation
Slide 17: Standalone Statement of Profit and Loss Statement
Standalone Statement of Profit and Loss Statement (Rs. In Crore) Quarterly Year to Date Particulars Q3FY23 % Q2FY23 % Q3FY22 % YTD 23 % YTD 22 % Revenue from Operations 1,150.31 97% 1,090.83 91% 972.95 98% 3,256.79 95% 2,581.29 95% Other Income 32.98 3% 106.17 9% 18.59 2% 156.31 5% 131.86 5% Total I
Slide 18: Profit Bridge YTD Dec'22 vs Dec'21
Profit Bridge YTD Dec’22 VS Dec’21 500 472.50 400.21 400 300 200 100 74.51 13.22 (16.64) (0.01) 1.21 0 PBT Dec'21 Margin Increase/ Provision for Doubtful Dividend & Interest Advertising & Sales Finance Cost PBT Dec'22 (Decrease) Debts Promotion -100 Finolex Cables Limited | Q3FY23 Earning Presentati
Slide 19: Standalone Statement of Assets and Liabilities
Standalone Statement of assets and Liabilities (Rs. In Crore) Note As at As at Note As at As at 31st Dec 31st March 31st Dec 31st March No. No. 2022 2022 2022 2022 I ASSETS II EQUITY AND LIABILITIES NON CURRENT ASSETS EQUITY (a) Property, Plant and Equipment 3 419.68 369.66 (a) Equity Share Capital
Slide 20: Shareholding Pattern
Shareholding Pattern 45.00% Shareholding Pattern 40.00% 38.94% 35.86% 35.00% 30.00% 25.04% 25.00% 20.00% 15.00% 10.00% 5.00% 0.16% 0.00% Promotors Shareholding Mutual Fund & UTI Non Promotor - Non Public Non Institutional Investors Finolex Cables Limited | Q3FY23 Earning Presentation
Slide 21: Other Financial Metrics
Other Financial Metrics:- Working Capital in days Q3 FY23 Q2 FY23 Q3 FY22 Particulars Receivable Days 15 19 18 Payable Days 21 19 19 Inventory Days 64 64 83 Net working Capital 41 55 43 Other Income: Particulars Q3 FY23 Q2 FY23 Q3 FY22 (a) Interest Income 13.10 11.28 12.21 (b) Dividend Income 0.11 8
Slide 22: Key Highlights Revenue of all product
Key Highlights Revenue of all product (Rs. In Crore) Electrical Cables Communication Cables Copper Rod Others 1000 200 350 321 52 52 947 159 950 Q-o-Q Y-o-Y 147 300 262 51 150 8% 15% Q-o-Q Y-o-Y 250 Y-o-Y 50 900 878 Q-o-Q 75% 183 50 (7)% 60% 92 200 Y-o-Y 100 23% 49 Q-o-Q 850 826 150 48 4% 8% 50 100
Slide 23: Finolex Cables Limited | Q3FY23 Earning Presentation
Finolex Cables Limited | Q3FY23 Earning Presentation
Slide 24: Union Budget 2022-2023: Potential Business Opportunity
Union Budget 2022-2023 Potential Business Opportunity
Slide 25: Budget Allocations (Ministries Wise)
Budget Allocations (Ministries Wise) a Ministry of < a Chermicaks Pere cy of eS x | “ix Gee «211-78 Ministry of Ministry of Rallways Welfare aan *-7> G Eaeean = in Lakh Crore
Slide 26: Union budget direct benefits to various segments of Finolex Cables
Union budget direct benefits to various segment of Finolex Cables Ltd Economic Stimulants The Finance Minister forecasts 7% economic growth for fiscal years 2023-24. More development would be seen across the country with a planned capital expenditure of Rs 10 lakh crore, a Y-o-Y increase of 33%, att
Slide 27: Safe Harbour
Safe Harbour This report contains forward-looking statements, which may be identified by their use of words like ‘plans’, ‘expects’, ‘will’, ‘anticipates’, ‘believes’, ‘intends’, ‘projects’, ‘estimates’ or other words of similar meaning. All statements that address expectations or projections about
Slide 28: Thank you
Thank you Finolex Cables Limited Regd. Office: 26-27, Mumbai-Pune Road, Pimpri, Pune - 411 018. Tel.: +91-20-27475963 CIN: L31300MH1967PLC016531