Finolex Industries Limited · NSE:FINPIPE
Finolex Industries — Q1 FY2017 Earnings Presentation
22 slides from Finolex Industries's earnings presentation, 2016
Slide 1: Finolex Industries Limited Q1FY17 Results
FINOLEX INDUSTRIES LIMITED Q1FY17 RESULTS
Slide 2: Q1FY17 Results Summary
Results Summary Operating Highlights Financial Overview Key Strategies Appendix Q1FY17 Results Summary Volumes (MT) P & F # Volumes (MT) PVC resin* 66,125 63,030 62,435 57,938 Q1FY16 Q1FY17 Q1FY16 Q1FY17 Total Revenue (INR Mn) EBITDA (INR Mn) PAT (INR Mn) 6,334 6,729 1,592 1,273 980 721 Q1FY16 Q1FY1
Slide 3: Profit & Loss Account
Results Summary Operating Highlights Financial Overview Key Strategies Appendix Profit & Loss Account Particulars (INR mn) Q1FY17 Q1FY16 Net Sales 6,729 6,334 EBIDTA 1,592 1,273 EBIDTA margin (%) 23.7% 20.1% Depreciation 133 125 EBIT 1,460 1,148 EBIT margins 21.7% 18.1% Other Income 32 54 Finance co
Slide 4: Operating Highlights
Results Summary Operating Highlights Financial Overview Key Strategies Appendix Operating Highlights Particulars Q1FY17 Q1FY16 Growth Y-o-Y Segmental INR Mn. MT Rs./Unit INR Mn. MT Rs./Unit Value Volume PVC resin 4,049 62,435 64,851 4,149 63,030 65,826 -2% -1% PVC pipes & fittings 5,829 66,125 88,15
Slide 5: EBITDA Bridge Chart (INR mn)
Results Summary Operating Highlights Financial Overview Key Strategies Appendix EBITDA Bridge Chart (INR mn) 395 19 48 55 49 IND AS 1,592 1,273 Q1FY16 EBITDA Cost of Raw Material Employee Benefit Exp Power & Fuel Other Expenses Sales Q1FY17 EBITDA 5
Slide 6: Business Scenario
Results Summary Operating Highlights Financial Overview Key Strategies Appendix Business Scenario 67,693 66,125 97,505 58,239 56,966 57,967 83,093 Pipes & Fittings 61,826 63,030 62,435 Volumes (MT) 40,689 42,445 60,542 PVC Volumes 38,856 55,899 31,644 (MT) 41,512 27,910 Q1'15 Q2'15 Q3'15 Q4'15 Q1'16
Slide 7: Quarterly – Profit & Loss
Results Summary Operating Highlights Financial Overview Key Strategies Appendix Quarterly – Profit & Loss Particulars (INR mn) Q2FY15 Q3FY15 Q4FY15 Q1FY16* Q2FY16 Q3FY16 Q4FY16 Q1FY17* Net Sales 3,859 6,429 7,846 6,334 4,667 5,472 8,055 6,729 EBIDTA 471 (220) 714 1,273 767 841 1,114 1,592 EBIDTA mar
Slide 8: Quarterly segmental – Profit & Loss
Results Summary Operating Highlights Financial Overview Key Strategies Appendix Quarterly segmental – Profit & Loss Particulars (INR mn) Q2FY15 Q3FY15 Q4FY15 Q1FY16* Q2FY16 Q3FY16 Q4FY16 Q1FY17* Segmental revenues PVC 2,076 3,664 5,721 4,149 2,581 3,567 4,538 4,049 PVC pipes & fittings 3,158 3,480 4
Slide 9: Profit & Loss – Key indicators
Results Summary Operating Highlights Financial Overview Key Strategies Appendix Profit & Loss – Key indicators Profit & loss account (INR mn) FY12 FY13 FY14 FY15 FY16* FY16 (cons.)* Net Income 20,998 21,448 24,530 24,761 24,528 24,528 Growth in sales (YoY %) 6.20% 2.10% 14.40% 0.94% -0.95% - EBIDTA
Slide 10: Balance sheet - Key Indicators
Results Summary Operating Highlights Financial Overview Key Strategies Appendix Balance sheet - Key Indicators Balance Sheet (INR mn) FY12 FY13 FY14 FY15 FY16 FY16 (cons.) Equity and liabilities Share capital 1,241 1,241 1,241 1,241 1,241 1,241 Reserves and surplus 5,381 5,971 6,656 6,633 8,337 8,70
Slide 11: Key Ratios
Results Summary Operating Highlights Financial Overview Key Strategies Appendix Key Ratios ROE Gross Debt (INR mn) EBITDA Margin* 10,424 15.3% 24.4% 8,394 7,466 7,134 11.9% 6,371 12.3% 2,117 FY11 FY12 FY13 FY14 FY15 FY16 FY11 FY12 FY13 FY14 FY15 FY16 FY11 FY12 FY13 FY14 FY15 FY16 ROCE Debt/Equity (x
Slide 12: Key Strategies
Results Summary Operating Highlights Financial Overview Key Strategies Appendix Key Strategies MARGIN IMPROVEMENT CAPACITY EXPANSION Increase sales of higher margin products. Increase installed capacities of PVC pipes Scale up share of fittings in sales mix. and fittings in order to capture expected
Slide 13: Union Budget 2016-17 Highlights
Results Summary Operating Highlights Financial Overview Key Strategies Appendix Union Budget 2016-17 Highlights Agriculture Sector Other highlights • Allocation for Agriculture and Farmers’ welfare is INR • Implementation of 89 irrigation projects under AIBP • Allocation for rural sector - INR 87,76
Slide 14: Government policy initiatives – Agriculture sector
Results Summary Operating Highlights Financial Overview Key Strategies Appendix Government policy initiatives – Agriculture sector Farm Loans Government’s Scheme Opportunity Government’s focus At 157.35 mn Measures like unified State Govt. declared on increasing irrigation hectares, India holds agri
Slide 15: Government policy initiatives – Construction and Non Agriculture
Results Summary Operating Highlights Financial Overview Key Strategies Appendix Government policy initiatives – Construction and Non Agriculture ‘Housing for All‘ by Initiatives such as Swachh Bharat Mission Atal Mission for 2022 to provide 20 “Smart Cities” will (SBM) is flagship Rejuvenation and m
Slide 16: Offices, Works and Warehouses
Results Summary Operating Highlights Financial Overview 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 17,000 retail touch points Delhi
Slide 17: Branding & advertisements – some snapshots
Results Summary Operating Highlights Financial Overview Key Strategies Appendix Branding & advertisements – some snapshots Distributing Rain ponchos and bags with Finolex logo at a Palkhi procession Finolex pipes Sub-dealer meet at Kolhapur On-the-go branding on vehicles 17
Slide 18: Branding & advertisements – some snapshots
Results Summary Operating Highlights Financial Overview Key Strategies Appendix Branding & advertisements – some snapshots Finolex Pipes alongside CSR partner, the Mukul Madhav Foundation, took 50 children from the Apang Sanstha (Home for the Handicapped, Pune) to the Rising Pune Supergiants Indian
Slide 19: Corporate Social Responsibility – some snapshots
Results Summary Operating Highlights Financial Overview Key Strategies Appendix Corporate Social Responsibility – some snapshots Finolex Pipes and Mukul Madhav Foundation have begun work to clean out 16 CNBs (Cement Nala bands) with the capacity of 30 TCM, extending water storage and percolation in
Slide 20: Accolades and awards
Results Summary Operating Highlights Financial Overview Key Strategies Appendix Accolades and awards India’s most Trusted Brand in the category “Manufacturing – Pipes” awarded by Brand Trust Report 2015 ‘Global CSR Excellence & Leadership Award’ at the 5th edition of Blue Dart World CSR day initiati
Slide 21: Shareholding Pattern as on June 30, 2016
Results Summary Operating Highlights Financial Overview Key Strategies Appendix Shareholding Pattern as on June 30, 2016 36.33% Promoters Mutual Funds Foreign Portfolio Investors 52.47% Others 4.18% 7.02% 21
Slide 22: Finolex Industries Limited
SAFE HARBOR STATEMENT: No par t of this presentation is to be circulated, quoted, or reproduced for any distribution FINOLEX INDUSTRIES LIMITED without prior written approval from Finolex Industries Limited, Chinchwad, Pune-411 019, India. Certain part of this presentation describing estimates, obje