Finolex Cables Limited · NSE:FINCABLES
Finolex Cables — Q1 FY2024 Earnings Presentation
23 slides from Finolex Cables's earnings presentation, Aug 17, 2023
Slide 1: Exchange filing cover letter for investor presentation
FCL:SEC:SE:PRSN:23:86 16th August 2023 Corporate Relations Department The Manager Mr Tom Schmit BSE Limited Listing Department Luxembourg Stock 1st Floor, New Trading Ring National Stock Exchange of Exchange Rotunda Building, P J Towers India Ltd PO Box 165 Dalal Street, Fort `Exchange Plaza’, C-1,
Slide 2: Q1 FY2024 Presentation
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Slide 3: Q1 FY2024 Earnings Presentation
Q1 FY Q1 FY2022 2024 Earnings Presentation
Slide 4: Index
INDEX Finolex in Our Social Media Our Contribution Forging ahead Finolex House Numbers Post to Society Key figure- Our Key Figure- Key figure- Key Figure- Our Key Figure Communication Q1 FY 24 Electrical Cable Other Products Cable Standalone Financial Financial Matrics Key Figure- All Profit Bridge
Slide 5: Revenue Break-Up
Revenue Break-Up 4.36% 0.52% 12.92% FY 2022-23 82.20% • Electrical Cables • Communication Cables: • Copper Rods: • Other Products Finolex Cables Limited | Q1FY24 Earning Presentation
Slide 6: Expansion plans on track
The company’s expansion plans i.e. Preform facility, OFC Capacity expansion and E-Beam facility are on track. The E-Beam facility is expected to be operational in Q4 of this year while the others are expected to go live early next financial. Finolex Cables Limited | Q1FY24 Earning Presentation 5
Slide 7: Finolex Cables Limited | Q1FY24 Earning Presentation
Finolex Cables Limited | Q1FY24 Earning Presentation
Slide 8: Finolex Cables Limited | Q1FY24 Earning Presentation
Finolex Cables Limited | Q1FY24 Earning Presentation
Slide 9: Key Highlights
Key Highlights Top Line (Revenue) Operating (EBITDA) Profitability (PAT) Q1 FY 24 : 1,204 Crore Q1 FY 24 :183 Crore Q1 FY 24 : 132 Crore 19% Y-o-Y 40% Y-o-Y 39% Y-o-Y (2)% Q-o-Q (3)% Q-o-Q (2)% Q-o-Q Finolex Cables Limited | Q1FY24 Earning Presentation
Slide 10: Key Highlights-Q1FY24
Key Highlights-Q1FY24 (Rs. In Crore) (Rs. In Crore) REVENUE EBITDA (Rs. In Crore) PAT (% Margin) (% Margin) 1400 Revenue 160 200 190 1204 1224 183 EBITDA 1200 180 135 PAT 140 132 1016 160 1000 120 140 131 100 96 800 120 100 80 600 80 60 400 60 Q-o-Q Y-o-Y Q-o-Q Y-o-Y 40 Y-o-Y 40 Q-o-Q 200 (2)% 19% (
Slide 11: Electrical Cables
Q1 FY24 Electrical Cables REVENUE (Rs. In Crore) EBIT (Rs. In Crore) ▪ Revenue up by 22% compared to Q1 of 22-23. 140 133 132 (% Margin) 1200 1032 ▪ In volume terms, Electrical cables increased by 1000 1011 120 106 Q-o-Q Y-o-Y 827 Y-o-Y 29% while Power cables increased by 3%. 800 (2)% 22% 100 Q-o-Q
Slide 12: Communication Cables
Q1 FY24 Communication (Rs. In Crore) (Rs. In Crore) REVENUE EBIT Cables 142 140 3.50 3.00 2.73 3.15 3.30 (% Margin) ▪ All metal based product lines showed healthy 140 Q-o-Q 2.50 Y-o-Y volume increase – overall 17%. 138 Q-o-Q Y-o-Y (13)% (17)% 137 (2)% 2% 2.00 ▪ Falling fiber prices led to value stag
Slide 13: Others
Q1 FY24 Others ▪ Volumes in Fan category affected by unseasonal rains in REVENUE (Rs. In Crore) EBIT (Rs. In Crore) 51 50 (% Margin) summer. 0.80 0.72 0.74 50 0.70 ▪ While headline inflation was lower than in the previous 49 0.60 48 Y-o-Y quarter, consumer sentiment was still depressed with Q-o-Q 0.
Slide 14: Financial Statements
Financial Statements Finolex Cables Limited | Q1FY24 Earning Presentation
Slide 15: Standalone Statement of Profit and Loss Statement
Standalone Statement of Profit and Loss Statement (Rs. In Crore) Quarterly Year to Date Particulars Q1FY23 % Q4FY23 % Q1FY22 % YTD 23 % Revenue from Operations 1,204.25 97% 1,224.32 97% 1,015.65 98% 4,481.11 96% Other Income 38.81 3% 41.82 3% 17.16 2% 198.13 4% Total Income (I+II) 1,243.06 100% 1,26
Slide 16: Profit Bridge YTD June'24 VS June'23
Profit Bridge YTD June’24 VS June’23 200.00 180.00 172.42 160.00 140.00 121.33 120.00 100.00 80.00 61.04 60.00 40.00 (7.08) (1.89) 20.00 (1.34) (0.16) (1.00) 1.52 - PBT June'22 Margin Increase/ Consumption, Employee Cost Provision for Advertising & Sales Interest Income and Finance Cost PBT June'23
Slide 17: 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 30th June 30th June 30th June 30th June No. No. 2023 2022 2023 2022 I ASSETS II EQUITY AND LIABILITIES NON CURRENT ASSETS EQUITY (a) Property, Plant and Equipment 3 424.83 391.98 (a) Equity Share Capital
Slide 18: Shareholding Pattern
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 Non Institutional Investors Others Investors Finolex Cables Limited | Q4FY23 Earning Presentation 18
Slide 19: Other Financial Metrics
Other Financial Metrics:- (Rs. In Crore) Other Income: Finance Cost Particulars Q1FY24 Q4FY23 Q1FY23 (a) Interest Income 12.59 13.07 11.07 Particulars (b) Dividend Income 0.00 0.05 0.00 (c ) Net gain/(loss) on investments classified at FVTPL 25.79 21.05 4.61 Q1FY24 Q4FY23 Q1FY23 Interest others 0.29
Slide 20: Key Highlights Revenue of all product
Key Highlights Revenue of all product (Rs. In Crore) Electrical Cables Communication Cables Copper Rod Others 1200 450 51 50 1011 1032 142 383 386 50 140 400 1000 Q-o-Q Y-o-Y827 140 350 299 49 (2)% 22% Q-o-Q 300 48 Y-o-Y 800 138 Q-o-Q Q-o-Q 137 (2)% Y-o-Y Y-o-Y 47 46 (7.5)% 250 (0.81)% 2.6% 600 136
Slide 21: Finolex Cables Limited | Q1FY24 Earning Presentation
Finolex Cables Limited | Q1FY24 Earning Presentation 21
Slide 22: 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 23: Thank you
Thank you Finolex Cables Limited Regd. Office: 26-27, Mumbai-Pune Road, Pimpri, Pune - 411 018. Tel.: +91-20-27475963 CIN: L31300MH1967PLC016531