Finolex Cables Limited · NSE:FINCABLES
Finolex Cables — Q3 FY2024 Earnings Presentation
24 slides from Finolex Cables's earnings presentation, Feb 14, 2024
Slide 1: Exchange filing cover letter for investor presentation
FCL:SEC:SE:PRSN:24:11 14th February 2024 Corporate Relations Department The Manager Mr Tom Schmit BSE Limited Listing Department Luxembourg Stock Exchange 1st Floor, New Trading Ring National Stock Exchange of India PO Box 165 Rotunda Building, P J Towers Ltd L-2011 Luxembourg Dalal Street, Fort `Ex
Slide 2: Finolex Cables Ltd - Xceeds Xpectations
FINOLEX CABLES LTD XCEEDS XPECTATIONS
Slide 3: Table of Contents
Table of CONTENTS Introduction Finolex House CSR Social Media Post Our Key Figure Our Key Figure Q3- Electrical Cable Communication Other Financial Statement 2024 Cable Profit Bridge Financial Metrics Key figure all Shareholding Pattern Product Portfolio product
Slide 4: Founded in 1958, Finolex Cables is India's leading cable manufacturer
Founded in 1958, Finolex cable is most diversified and leading manufacturer of electrical and telecommunication cables in India. Over the years, we have established ourselves as a reputable and quality manufacturer supported by our strategic pillars of manufacturing excellence, innovation and techni
Slide 5: Meet - Finolex House
Meet – Finolex House Finolex House:- Bangaluru, Gaziabad, Secunderabad, Raipur, Ranchi, Vadodara, Bhubaneshwar.
Slide 6: Our Social Responsibility
Our Social Responsibility.
Slide 7: Slide 7
Slide 8: Slide 8
Slide 9: Key Highlights
KEY Highlights Top Line (Revenue) Operating (EBITDA) Profitability (PAT) Q3 FY 24 : 1222 Crore Q3 FY 24 : 178 Crore Q3 FY 24 : 128 Crore 6% Y-o-Y 2% Y-o-Y (4)% Y-o-Y 3% Q-o-Q (22)% Q-o-Q (23)% Q-o-Q FY24: 3613 Crore FY24: 590 Crore FY24: 425 Crore 17% Y-o-Y 16% Y-o-Y 11% Y-o-Y Quarter 2 EBITDA inclu
Slide 10: Key Highlights
KEY Highlights REVENUE EBITDA PAT Rs (In Crore) 1240 250 229 180 165 1222 160 1220 200 178 140 135 174 128 1200 1187 120 150 1180 100 1160 80 1150 100 60 1140 Q-o-Q Y-o-Y Q-o-Q Y-o-Y Q-o-Q Y-o-Y 50 40 3% 6% (22)% 2% 22% 4% 1120 20 1100 0 0 Q3FY24 Q2FY24 Q3FY23 Q3FY24 Q2FY24 Q3FY23 Q3FY24 Q2FY24 Q3FY
Slide 11: Electrical Cables
Electrical Q3 FY24 Cables REVENUE EBIT 145 1040 140 1021 140 1020 Q-o-Q Y-o-Y 3% 8% 135 Y-o-Y 132 1000 989 Q-o-Q (10)% (15)% ❑ Volume of electric cable segment improved by 8% 980 130 with the visible improvement in construction 960 947 125 120 activity. It is expected that this will sustain in 940 1
Slide 12: Communication Cables
Communication Q3 FY24 Cables REVENUE EBIT 4.00 3.50 150 147 3.50 145 3.00 2.74 Q-o-Q 2.71 Y-o-Y Q-o-Q 14% (11)% 140 Y-o-Y 2.50 ❑ Revenue from metal based product lines, (5)% 136 (11)% 2.00 135 was stable during the quarter. 130 1.50 130 1.00 ❑ Volume of optic fiber cable was lower – 125 0.50 tender
Slide 13: Others
Q3 FY24 Others REVENUE EBIT 1.00 61 60 60 0.90 0.86 59 ❑ Lighting and Conduit products saw significant 58 0.80 0.74 volume growth; however, price erosion was severe 57 0.70 Q-o-Q 56 Y-o-Y Q-o-Q 55 0.60 12% 16% in Lighting. 55 54 9% 0.50 Y-o-Y 0.52 53 85% 52 52 0.40 ❑ In case of Fan and Water heater
Slide 14: Financial Statement
Me™ Financial Statement c=
Slide 15: Standalone Statement of Profit and Loss
Standalone Statement of Profit and Loss Statement Quarterly Year to Date Particulars Q3FY24 % Q2FY24 % Q3FY23 % YTD 23 % YTD 22 % Revenue from Operations 1,221.68 100% 1,187.44 100% 1,150.31 100% 3613.37 100% 3,256.79 100% Other Income 44.96 4% 84.54 7% 32.98 3% 168.31 5% 156.31 5% Total Income (I+I
Slide 16: Standalone Statement of Asset and Liabilities
Standalone Statement of Asset and Liabilities Note As at As at Note As at As at 31st 31st 31st 31st December No. December No. December December 2023 2022 2023 2022 I ASSETS II EQUITY AND LIABILITIES NON CURRENT ASSETS EQUITY (a) Property, Plant and Equipment 3 428.21 419.68 (a) Equity Share Capital
Slide 17: Profit Bridge for December'23 Vs December'22
Profit Bridge for December’23 Vs December’22 600.00 556.74 500.00 472.50 400.00 300.00 200.00 94.70 100.00 (1.31) (0.76) (3.90) (2.22) (6.99) 4.72 - PBT DEC'22 Margin Increase/ Freight and Advertising and Sales Repair and Employee Cost Provision for Doubtful Finance Cost PBT DEC'23 (Decrease) Forwar
Slide 18: Shareholding Pattern
Shareholding Pattern 0.45 0.4 38.21% 35.92% 0.35 0.3 0.25 0.2 18.31% Percentage 0.15 0.1 7.55% 0.05 1% 0 Promoters Shareholding Mutual Fund & UTI Foreign Institutional Investors Non Institutional Investors Others
Slide 19: Financial Metrics
Financial Metrics Working Capital in days Particulars Q3FY24 Q2FY24 Q3FY23 Receivable Days 13 15 15 Payable Days 14 13 16 Inventory Days 58 58 64 Net working Capital 39 38 40
Slide 20: Key Highlights - Revenue All Products
Key Highlights – Revenue All Products Electrical Cables Communication Cables 1040 1021 150 147 1020 145 1000 Q-o-Q 989 Y-o-Y Q-o-Q 140 Y-o-Y 980 3% 8% (5)% 136 (11)% 135 960 947 130 940 130 920 125 900 120 Q3FY24 Q2FY24 Q3FY23 Q3FY24 Q2FY24 Q3FY23 Copper Rod Others 500.00 447.25 61 60 450.00 433.37
Slide 21: Product Portfolio
Product Portfolio Wire And Cable Accessories Conduit and Fittings Communication Cable Switchgear Fans Water Heater Power Cable Lighting Products Iron
Slide 22: New Launch: Finogreen Wire
NEW LAUNCH FINOGREEN WIRE: ECO-SAFE INDUSTRIAL CABLES
Slide 23: Safe Harbour
SA FE HA RBOU R 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 abo
Slide 24: sales.finolex.com
sales.finolex.com +91-20-27475963 Regd. Office: 26-27, Mumbai-Pune Road, Pimpri, Pune - 411 018.