Finolex Industries Limited · NSE:FINPIPE
Finolex Industries — Q4 FY22 Earnings Presentation
29 slides from Finolex Industries's earnings presentation, May 18, 2022
Slide 1: Cover letter to stock exchanges on results presentation
Registered Office I Urse Plant Tel +912114237251I237253 Finolex Industries Limited Gat No. 399 , Village Urse, Tal.-Maval , Toll Free Fax 1800 200 3466 +91 2114 237252 4?'Fit1QleX Dist. Pune 410 506, Maharashtra, India CIN L40108PN1981PLC024153 Email Web investors@finolexind.com finolexpipes.com ~®
Slide 2: Investor Presentation Q4 FY22
Investor Presentation Q4 FY22
Slide 3: Highest ever operating profits backed by volume growth and healthy margins
Highest ever operating profits backed by volume growth and healthy margins Q4 FY22 FY22 Segment Revenue – Q4 FY22 Rs Cr Total revenue registered a Total revenue registered a Highest ever quarterly and y-o-y growth of 28% to y-o-y growth of 34% to annual revenue Rs. 1,595 Cr from Rs. 1,249 Rs. 4,
Slide 4: Segment Performance – Key highlights Q4 FY22
Segment Performance – Key highlights Q4 FY22 Pipes and Fittings 1,277 Cr 78,629 MT 94.2 Cr 41.7% y-o-y 30.5% y-o-y 35.6% y-o-y Revenue Volume EBIT 1,044 Cr 79,182 MT 156.5 Cr 13.5% y-o-y 5.2% y-o-y (52.4%) y-o-y Resin Revenue Volume EBIT 3
Slide 5: Segment Performance – Key highlights FY22
Segment Performance – Key highlights FY22 Pipes and Fittings 3,853 Cr 2,36,895 MT 250 Cr 46.2% y-o-y 11.7% y-o-y (0.4%) y-o-y Revenue Volume EBIT 2,962 Cr 2,24,924 MT 723 Cr 30.3% y-o-y (-4.7%) y-o-y 3.8% y-o-y Resin Revenue Volume EBIT 4
Slide 6: Business Performance by Segment
Business Performance by Segment P&F Volume (MTs) PVC Volume (MTs) 30% -67% 5% 82% 78,629 60,232 75,281 79,182 46,994 43,464 Q4 FY21 Q3 FY22 Q4 FY22 Q4 FY21 Q3 FY22 Q4 FY22 P&F EBIT (Rs Cr) PVC EBIT (Rs Cr) 36% -52% 71% -12% 94 328 69 55 178 156 Q4 FY21 Q3 FY22 Q4 FY22 Q4 FY21 Q3 FY22 Q4 FY22 5
Slide 7: Business Performance of the company
Business Performance of the company Revenue (Rs Cr) EBITDA (Rs Cr) 28% -35% 59% 9% 1,595 410 1,249 265 1,005 242 Q4 FY21 Q3 FY22 Q4 FY22 Q4 FY21 Q3 FY22 Q4 FY22 PBT (Rs Cr) # Liquid Investments* (Rs Cr) -35% 90% -8.6% 197% 402 1,550 239 260 815 523 Q4 FY21 Q3 FY22 Q4 FY22 Q4 FY21 Q3 FY22 Q4 FY22 6 #
Slide 8: EBITDA Movement Q4 FY22 vs. Q4 FY21
EBITDA Movement Q4 FY22 vs. Q4 FY21 7 All Numbers reported in the presentation are on standalone basis excluding exceptional items
Slide 9: EBITDA Movement FY22 vs. FY21
EBITDA Movement FY22 vs. FY21 8 All Numbers reported in the presentation are on standalone basis excluding exceptional items
Slide 10: Summarised Income Statement
Summarised Income Statement Rs. In Crores Q4FY22 Q4FY21 YOY Change FY22 FY21 YOY Change Total Income from operations 1,594.6 1,249.3 28% 4,647.3 3,462.8 34% EBITDA* 264.7 410.0 -35% 1,023.7 989.3 3% EBITDA margin (%) 17% 33% 22% 29% Depreciation 21,6 19.7 83.4 77.7 EBIT* 243.1 390.3 -38% 940.3 911.6
Slide 11: Balance Sheet – Key indicators
Balance Sheet – Key indicators Rs. In Crores 31 Mar 2022 31 Mar 2021 Equity and liabilities Share capital 124.1 124.1 Reserves and surplus 3,739.7 2,948.8 Long term borrowings - - Short term borrowings (including loans 278.0 203.9 repayable in one year) Assets Fixed assets (Net block) 993.2 1,002.4
Slide 12: PVC Prices & PVC/EDC Delta
PVC Prices & PVC/EDC Delta PVC (USD/MT) PVC/EDC Delta (USD/MT) 11
Slide 13: 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 14: Footprints
Footprints Distribution Reach Offices & Plants 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 Branch Office 13
Slide 15: Select Marketing Initiatives
Select Marketing Initiatives 14
Slide 16: Digital marketing
Finolex Pipes Lets seeit you can get tis ight Guees the missing name Hanoy Repub ‘op your answers inthe comments section, ‘rop your answers in the comments eect. #Finolex Standing tall to bulla the nation ane pipelineat2 1-8-8 Finolex Pipes Guess the correct answer. Let us know inthe nocipuE. c ecip
Slide 17: Exhibitions, Branding and other BTL activities
Exhibitions, Branding and other BTL activities 16
Slide 18: Print Ads, Magazine Ads, & other Branding activities
Print Ads, Magazine Ads, & other Branding activities Magazine Ad Gudi Padwa Lohri/Sankrant/Pongal 17
Slide 19: Print Ads, Magazine Ads, & other Branding activities
Print Ads, Magazine Ads, & other Branding activities Magazine Ad Holi Magazine Ad 18
Slide 20: CSR Update
CSR Update 19
Slide 21: Commitment Towards 13 out of the 17 UN Sustainable Development Goals
Strengthening Our Commitment Towards 13 out of the 17 UN Sustainable Development Goals 20
Slide 22: CSR Activities in Q4 FY22 – some snapshots
CSR Activities in Q4 FY22 – some snapshots Safe water and sanitation Support for Differently-Abled Promoting Preventive Healthcare 1500 people from the fisherman community in Ratnagiri Provided infrastructural support to Jeevan Vardhini Matimand benefited through safe drinking water pipeline cre
Slide 23: CSR Activities in Q4 FY22 – some snapshots
CSR Activities in Q4 FY22 – some snapshots Promoting Gender Equality Animal welfare; Agriculture & Rural development Promotion of Vocational Skills & Livelihood 2 new period positive homes constructed in Gadchiroli, 80 women being upskilled in tailoring in Varanasi in collaboration taking the to
Slide 24: CSR Activities in Q4 FY22 – some snapshots
CSR Activities in Q4 FY22 – some snapshots G100 Recognition Glimpse of Mini GWD Managing Trustee Mrs. Rita Hinduja Chhabria received the G100 recognition, which is a group of 100 women leaders in diverse sectors, from across the world making an impact in the world Best CSR Project in Sanitation” at
Slide 25: Contact details
Mr. Abhay Amlekar aba@finolexind.com D-1/10, MIDC Chinchwad, Pune 411 009 020 2740 8200 I 1-800-2003266 www.finolexpipes.com 24
Slide 26: Volume Data
Finolex Industries Limited. Volume Data Sr. No. Particulars Q3FY19 Q4FY19 Q1FY20 Q2FY20 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4 FY22 1 Production in MT a PVC Resin 76,686 84,221 51,785 41,347 83,370 70,891 13,785 43,338 84,016 83,896 53,817 29,961 65,846 64,564 b PVC pipes
Slide 27: Finolex Industries reports highest ever operating PBT of ~ 1,009 cr
FOR IMMEDIATE RELEASE Finolex Industries reports highest ever operating PBT of ~ 1,009 cr for FY22 backed by volume growth Reports PAT of ~ Rs. 494 Cr for Q4 FY22 and ~ Rs. 1,053 Cr for FY22 FY22 Net Revenue is up ~ 34% at Rs. 4,647.32 Cr Pune, 18 May 2022: Finolex Industries Limited (NSE:FINPIPE|BS
Slide 28: Q4 FY22 Highlights
Q4 FY22 Highlights: Total income from operations was Rs 1,594.57 Cr for Q4FY22 – up 27.7% against Rs 1,249.08 Cr in Q4FY21. Volume in Pipes & Fittings segment was up 30.5% to 78,629 MT in Q4FY22 against 60,232 MT in Q4FY21 EBITDA before exceptional items stood at Rs 264.66 Cr for Q4FY22 – down
Slide 29: This is Finolex
This is Finolex: We are India’s most trusted PVC pipes and fittings manufacturer. Over the last 40 years, we have impacted the sanitation-plumbing and agricultural sectors with prudent investments across our value chain. Right from the sourcing of quality raw materials and resin production, to manuf