Finolex Industries Limited · NSE:FINPIPE

Finolex Industries — Q4 FY2024 Earnings Presentation

27 slides from Finolex Industries's earnings presentation, Mar 31, 2024

  1. Slide 1: Investor Presentation Q4 FY 2023-24

    Investor Presentation Q4 FY 2023-24

  2. Slide 2: Strong performance across all operating matrices

    Strong performance across all operating matrices Q4 FY24 FY 2024 Segment Revenue – Q4 FY24  PVC Pipes & Fittings volume  PVC Pipes & Fittings volume r Rs Cr Overall volume increased 23% y-o-y to ose by 11% y-o-y to 3,36,577 growth led by 1,00,171 MT growth in P&F MT  PVC Resin volume increased 

  3. Slide 3: Business Performance of the Company (Total)

    Business Performance of the Company (Total) Revenue (Rs Cr) EBITDA (Rs Cr) 8% -4% 21% 74% 1,141.06 1,235.42 217.43 208.93 1,019.69 119.89 Q4 FY23 Q3 FY24 Q4 FY24 Q4 FY23 Q3 FY24 Q4 FY24 PBT (Rs Cr) Sales volumes (in MT) [P&F + Resin] 1% 21% 83% 35% 169,386 216.37 218.73 139,584 125,049 119.79 Q4 FY2

  4. Slide 4: Segment Performance – Key highlights Q4 FY24

    Segment Performance – Key highlights Q4 FY24 P&F sales volume (MTs) PVC sales volume (MTs)* 23% 19% 58% 23% 100,171 69,215 81,452 81,312 58,132 43,737 Q4 FY23 Q3 FY24 Q4 FY24 Q4 FY23 Q3 FY24 Q4 FY24 *Including inter segment P&F EBIT (Rs Cr) PVC EBIT (Rs Cr) 47% -44% 79% 113% 132.81 117.25 90.32 74.2

  5. Slide 5: Pipes and Fittings

    Segment Performance – Key highlights Q4 FY24 Pipes and Fittings 1,182.18 1,00,171 MT 132.81 Cr 7% y-o-y 23% y-o-y 47% y-o-y Revenue Volume EBIT 507.48 Cr 69,215 MT 65.63 Cr Resin 1% y-o-y 19% y-o-y (44%) y-o-y Revenue Volume EBIT 5

  6. Slide 6: EBITDA Movement Q4 FY24 vs. Q4 FY23

    EBITDA Movement Q4 FY24 vs. Q4 FY23 Rs Cr 94.36 217.43 20.40 208.93 (114.55) (8.71) EBITDA Revenue Materials Employee Other expenses EBITDA Q4 FY23 consumed benefit expenses Q4 FY24 6

  7. Slide 7: Business Performance of the Company (FY 2024 vs. FY 2023)

    Business Performance of the Company (FY 2024 vs. FY 2023) Revenue (Rs Cr) EBITDA (Rs Cr) -2% 100% 4,397.05 4,317.43 584.85 292.54 FY 2023 FY 2024 FY 2023 FY 2024 PBT (Rs Cr) Sales volumes (in MT) [P&F + Resin] -2% 106% 542,663 533,119 613.49 297.49 FY 2023 FY 2024 FY 2023 FY 2024 7

  8. Slide 8: Segment Performance – Key highlights (FY 2024 vs. FY 2023)

    Segment Performance – Key highlights (FY 2024 vs. FY 2023) P&F sales volume (MTs) PVC sales volume (MTs)* 11% -18% 336,577 303,026 239,638 196,542 FY 2023 FY 2024 FY 2023 FY 2024 *Including inter segment P&F EBIT (Rs Cr) PVC EBIT (Rs Cr) 31% 160% 401.09 120.03 91.90 154.18 FY 2023 FY 2024 FY 2023 FY

  9. Slide 9: Pipes and Fittings

    Segment Performance – Key highlights FY 2024 Pipes and Fittings 4,185.15 3,36,577 MT 401.09 Cr 2% y-o-y 11% y-o-y 160% y-o-y Revenue Volume EBIT 1,485.81 Cr 1,96,542 MT 120.03 Cr Resin (35%) y-o-y (18%) y-o-y 31% y-o-y Revenue Volume EBIT 9

  10. Slide 10: EBITDA Movement FY 2024 vs. FY 2023

    EBITDA Movement FY 2024 vs. FY 2023 Rs Cr 57.88 584.85 335.77 (21.72)) 292.54 (79.62) EBITDA Revenue Materials Employee Other expenses EBITDA FY 2023 consumed benefit expenses FY 2024 10

  11. Slide 11: Summarised Income Statement

    Summarised Income Statement YOY YOY Rs. Crore Q4 FY24 Q4 FY23 FY2024 FY2023 Change Change Total Income from 1,235.42 1,141.06 8.3% 4,317.43 4,397.05 (1.8%) operations EBITDA gain/ (loss) 208.93 217.43 (3.9%) 584.85 292.54 99.9% EBITDA % 16.9% 19.1% 13.5% 6.7% Depreciation 26.68 23.80 116.02 89.20 Pr

  12. Slide 12: Summarised Balance Sheet

    Summarised Balance Sheet Rs. Crore 31-Mar-24 31-Mar-23 Equity and liabilities Share capital 123.67 123.67 Other Equity 5,414.17 4,701.23 Long term borrowings - - Short term borrowings (including loans repayable in one year) 381.95 526.41 Assets Fixed assets (Net block) 1,040.08 1,037.57 Capital WIP

  13. Slide 13: PVC Prices and PVC/EDC Delta

    200 400 600 800 1000 1200 1400 1600 1800 2000 0 Apr-20 Jun-20 Aug-20 Oct-20 Dec-20 Feb-21 Apr-21 Jun-21 Aug-21 Oct-21 Dec-21 Feb-22 Apr-22 Jun-22 Aug-22 PVC (USD/MT) Oct-22 Dec-22 Feb-23 Apr-23 Jun-23 Aug-23 Oct-23 Dec-23 Feb-24 Apr-24 1050 1200 0 150 300 450 600 750 900 Apr-20 PVC Prices and PVC/ED

  14. Slide 14: Select Marketing Initiatives

    Select Marketing Initiatives 14

  15. Slide 15: Brand integrations | TV campaigns

    Brand integrations |TV campaigns Brand visibility through presence on popular news and entertainment channels Ram Mandir Inauguration TV Ad campaigns on majority of Presence on prominent news regional channels across major states channels and digital platforms Weather branding on TV9, News 18 networ

  16. Slide 16: Social media marketing & digital marketing campaigns

    Social media marketing & digital marketing campaigns World Water Day Holi 2024 Views: 22.5 Lakh Views: 43.7 Lakh Festive & Topical communication on Social media CPVC & SWR Product campaigns in various cities 16 16

  17. Slide 17: Brand Sponsorships & Integrations

    Brand Sponsorships & Integrations DCCI Disability Cup Contributed to brand awareness & Pune Cyclothon IPL Campaign- Mar’24 fostered positive sentiment in the CSR sphere 17 17

  18. Slide 18: On ground festival branding & exhibitions

    On ground festival branding & exhibitions • Participated in leading industry exhibitions & Topical Occasions Indian Plumbing Conference, PAN India Pumber meet on Pongal Festival gates, Tamilnadu Kisan Agri Show - Hyderabad Ahmedabad World Plumbing day 18 18

  19. Slide 19: Retail branding & OOH in important clusters

    Retail branding & OOH in important clusters Delhi | Indore | Ahmedabad | Surat | Rajkot | Bhopal Auto branding in some of the cities |Chennai Umbrella distribution PAN India Retail branding Bus shelters in Karnataka , Bus panel branding, Bus wrap OOH branding in Raipur, Coimbatore, Thiruvanamalai, A

  20. Slide 20: CSR Update

    Mukul Madhav Established 1999 CSR Update

  21. Slide 21: Presence of Mukul Madhav Foundation in India

    Presence of Mukul Madhav Foundation in India Mukul Madhav Foundation (MMF), the CSR partner of FIL is engaged in various CSR activities all across India States where MMF is present Moving towards bright future States where MMF is not present 21

  22. Slide 22: Commitment Towards the 17 UN Sustainable Development Goals

    Continue to Strengthen Our Commitment Towards 17 out of the 17 UN Sustainable Development Goals 22

  23. Slide 23: Actively engaged in 15 out of 16 CSR Mandated Areas

    Actively engaged in 15 out of 16 CSR Mandated Areas  Agriculture & rural development  Promoting sports projects  Safe drinking water and sanitation  Ensuring environmental  Support to differently abled sustainability  Technology incubators  Eradicating extreme hunger and  Armed forces/vetera

  24. Slide 24: CSR activities Q4 FY24 - some snapshots

    CSR activities Q4 FY24 - some snapshots Agriculture and rural development Promotion of Sports for differently abled Promotion for Education  MMF organized a 10-day intensive training in beekeeping and  MMF has supported more than 9,500 persons with disabilities,  MMF, in its various initiatives,

  25. Slide 25: CSR activities Q4 FY24 - some snapshots

    CSR activities Q4 FY24 - some snapshots Eradicating Extreme Hunger and Poverty Ensuring Environmental Sustainability Promoting Preventive Healthcare  Working consistently to ensure communities can lead a life of  MMF, to promote environmental sustainability and protect life-  MMF has completed sc

  26. Slide 26: Other initiatives by MMF in collaboration with FIL

    Other initiatives by MMF in collaboration with FIL On 12 March 2024, MMF, in collaboration with Finolex Industries Limited commemorated the birth anniversary of our Founder, Late Shri Pralhad P Chhabria, with several projects and initiatives: - Roti Making Machine for Tribal Girls At Rashtriya Bal K

  27. Slide 27: THANK YOU

    @finolexpipes @FinolexPipe THANK YOU @finolexpipes Finolex Industries Ltd www.finolexpipes.com 27

Finolex Industries — Q4 FY2024 Earnings Presentation on 6ix