Finolex Industries Limited · NSE:FINPIPE
Finolex Industries — Q2 FY2018 Earnings Presentation
26 slides from Finolex Industries's earnings presentation, November 2017
Slide 1: Finolex Industries Limited Q2FY18 Results
FINOLEX INDUSTRIES LIMITED Q2FY18 RESULTS
Slide 2: Q2FY18 Results Summary
Results Summary Operating Highlights Financial Summary Key Strategies Appendix Q2Y18 Results Summary 23.5% 1.6% 47,246 39,902 40,539 38,266 Q2FY17 Q2FY18 Q2FY17 Q2FY18 Volumes (MT) P & F # Volumes (MT) PVC resin* 4.0% 870 4,568 4,753 513 496 43.0% 283 44.8% Q2FY17 Q2FY18 Q2FY17 Q2FY18 Q2FY17 Q2FY18
Slide 3: H1FY18 Results Summary
Results Summary Operating Highlights Financial Summary Key Strategies Appendix H1FY18 Results Summary 13.8% 12.9% 118,764 115,537 104,391 102,337 H1FY17 H1FY18 H1FY17 H1FY18 Volumes (MT) P & F # Volumes (MT) PVC resin* 6.7% 12,059 2,462 1,494 11,297 1,802 1,080 26.8% 27.7% H1FY17 H1FY18 H1FY17 H1FY1
Slide 4: Profit & Loss Account Q2FY18
Results Summary Operating Highlights Financial Summary Key Strategies Appendix Profit & Loss Account Particulars (INR Mn) Q2FY18 Q2FY17 Total Income from operations * 4,753 4,568 EBIDTA 496 870 EBIDTA margin (%) 10.44% 19.05% Depreciation 151 139 EBIT 345 731 EBIT % 7.26% 16.00% Other Income 109 89
Slide 5: Profit & Loss Account H1FY18
Results Summary Operating Highlights Financial Summary Key Strategies Appendix Profit & Loss Account Particulars (INR Mn) H1FY18 H1FY17 Total Income from operations * 12,059 11,297 EBIDTA 1,802 2,462 EBIDTA margin (%) 14.94% 21.79% Depreciation 296 271 EBIT 1,506 2,191 EBIT % 12.49% 19.39% Other Inc
Slide 6: EBITDA Bridge Chart Q2FY18
Results Summary Operating Highlights Financial Summary Key Strategies Appendix EBITDA Bridge Chart Q2FY18 (INR Mn) 870 496 IND AS 185 EBIDTA Q2FY17 Sales Cost of material Employee benefit Other expenses EBIDTA Q2FY18 consumed expenses -31 -57 -471 Note: Sales excludes excise duty and taxes. 05
Slide 7: Business Scenario
Results Summary Operating Highlights Financial Summary Key Strategies Appendix Business Scenario 71518 83093 67693 66125 76541 74998 63982 60542 62435 56226 47246 40688 42445 38266 40966 41512 39902 40539 Q2FY16 Q3FY16 Q4FY16 Q1FY17 Q2FY17 Q3FY17 Q4FY17 Q1FY18 Q2FY18 Q2FY16 Q3FY16 Q4FY16 Q1FY17 Q2FY
Slide 8: Quarterly - Profit & Loss
Results Summary Operating Highlights Financial Summary Key Strategies Appendix Quarterly - Profit & Loss Particulars (INR Mn) Q3FY16 Q4FY16 Q1FY17 Q2FY17 Q3FY17 Q4FY17 Q1FY18 Q2FY18 Total income from operations * 5,472 8,094 6,728 4,568 5,797 8,877 7,307 4,753 EBIDTA 841 1,156 1,592 870 1,329 1,785
Slide 9: Quarterly segmental - Profit & Loss
Results Summary Operating Highlights Financial Summary Key Strategies Appendix Quarterly segmental - Profit & Loss Particulars (INR Mn) Q3FY16 Q4FY16 Q1FY17 Q2FY17 Q3FY17 Q4FY17 Q1FY18 Q2FY18 Segmental revenues * PVC 3,567 4,538 4,048 2,564 4,043 5,572 5,137 2,742 PVC pipes & fittings 3,611 5,585 5,
Slide 10: Profit & Loss - Key Indicators
Results Summary Operating Highlights Financial Summary Key Strategies Appendix Profit & Loss - Key Indicators Profit & loss account (INR Mn) FY12 FY13 FY14 FY15 FY16* FY17* Revenue from Operations (excl. excise duty) 20,997 21,448 24,531 24,762 24,819 26,023 Growth in sales (YoY %) 6.16% 2.15% 14.37
Slide 11: Balance sheet - Key Indicators
Results Summary Operating Highlights Financial Summary Key Strategies Appendix Balance sheet - Key Indicators Balance Sheet (INR Mn) FY12 FY13 FY14 FY15 FY16* FY17* H1FY18* Equity and liabilities Share capital 1,241 1,241 1,241 1,241 1,241 1,241 1,241 Reserves and surplus 5,381 5,971 6,656 6,633 14,
Slide 12: Key Ratios
Results Summary Operating Highlights Financial Summary Key Strategies Appendix Key Ratios 10,424 Gross Debt (INR Mn) EBITDA Margin* 8,394 21.6% 7,466 7,134 6,371 16.7% 16.2% 16.3% 11.9% 11.0% 8.5% 2,117 942 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY11 FY12 FY13 FY14 FY15 FY16 FY17 Debt/Equity (x) 1.60 Fi
Slide 13: Key Strategies
Results Summary Operating Highlights Financial Summary Key Strategies Appendix Key Strategies EXPANDING FOOTPRINT CAPACITY EXPANSION CASH-N-CARRY BRANDING Expand distribution Increase installed Follow Cash-n-carry Promote brand and network in all geographies capacities of PVC pipes model to keep the
Slide 14: Opportunities – Agriculture sector
Results Summary Operating Highlights Financial Summary Key Strategies Appendix Opportunities – Agriculture sector Total allocation for Rural, Agriculture sector is Pradhan Mantri Krishi The coverage provided Over the next few Rs.1,87,223 crores. MGNREGA Sinchai Yojana would under the Fasal Bima mont
Slide 15: Opportunities - Non - Agriculture sector
Results Summary Operating Highlights Financial Summary Key Strategies Appendix Opportunities - Non - Agriculture sector Surplus liquidity post During the year, the demonetisation, Swachh Bharat Mission Company tied-up with the government initiates to (Gramin) has made American company Lubrizol provi
Slide 16: Distribution reach Offices, Works and Warehouses
Results Summary Operating Highlights Financial Summary 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 18,000 retail touch points Delhi
Slide 17: Branding & advertisements – some snapshots
Operating Results Summary Financial Summary Key Strategies Appendix Highlights Branding & advertisements – some snapshots Finolex Industries participated in Finolex Industries Finolex Industries ‘Agri Asia Exhibition’ in Ahemdabad participated in participated in where we had our stall ‘E-TRANSACT -
Slide 18: Branding & advertisements – some snapshots
Operating Results Summary Financial Summary Key Strategies Appendix Highlights Branding & advertisements – some snapshots TV branding in India vs. Australia series and Champions Learning and Development Programme - L&D Finolex Industries associated with ‘Rally for Trophy - Finolex Industries Ltd. ti
Slide 19: Branding & advertisements – some snapshots
Operating Results Summary Financial Summary Key Strategies Appendix Highlights Branding & advertisements – some snapshots Branding at Ganpati, Navratri and Janmashtami festivals Branding at Durga Puja and Rath Yatra festivals 18 16
Slide 20: Branding & advertisements – some snapshots
Operating Results Summary Financial Summary Key Strategies Appendix Highlights Branding & advertisements – some snapshots In-shop branding at sub dealer outlets - 44 in West Bengal and 71 in Orissa. 19 16
Slide 21: Corporate Social Responsibility – some snapshots
Operating Results Summary Financial Summary Key Strategies Appendix Highlights Corporate Social Responsibility – some snapshots Donation of 2 wheelchairs to Finolex Pipes and Mukul Madhav Finolex Pipes and Mukul Madhav 40 trainees including the ANM & ASHA 2 children of Vidya Jyothi Foundation plante
Slide 22: Corporate Social Responsibility – some snapshots
Operating Results Summary Financial Summary Key Strategies Appendix Highlights Corporate Social Responsibility – some snapshots Finolex Pipes and Mukul Madhav In the loving memory of Late Shri.Pralhad Finolex Pipes and Mukul Finolex Pipes and Mukul Madhav Foundation supported the visually P Chhabria
Slide 23: Accolades and awards
Results Summary Operating Highlights Financial Summary Key Strategies Appendix Accolades and awards Finolex Pipes and Mukul Recently Awarded with The National Record Global CSR Excellence & India’s most Trusted Madhav Foundation was The Supply Chain certificate by The Limca Leadership Award at the B
Slide 24: Shareholding Pattern as on September 30, 2017
Results Summary Operating Highlights Financial Summary Key Strategies Appendix Shareholding Pattern as on September 30, 2017 Others Promoters 35.12% 52.47% 4.23% Mutual Funds Foreign Portfolio Investors 8.18% 4.02% 20
Slide 25: Finolex Industries Limited
Agri Pipes and Fittings Column Pipes Casing Pipes ASTM Pipes and Fittings CPVC Pipes and Fittings Sewerage Pipes Solvent Cement SAFE HARBOR STATEMENT: No part of this presentation is to be circulated, quoted, or reproduced for any distribution without prior written approval from Finolex Industries L
Slide 26: Volume Data
Finolex Industries Ltd. Volume Data Sr. No. Particulars Q3FY15 Q4FY15 Q1FY16 Q2FY16 Q3FY16 Q4FY16 Q1FY17 Q2FY17 Q3FY17 Q4FY17 Q1FY18 Q2FY18 1 Production in MT a PVC Resin 82,034 78,125 60,048 38,815 67,892 80,147 59,756 40,937 83,266 67,751 63,805 34,528 b PVC pipes & fittings 29,780 57,983 57,129 4