Finolex Industries Limited · NSE:FINPIPE

Finolex Industries — Q3 FY2022-23 Earnings Presentation

26 slides from Finolex Industries's earnings presentation, Feb 4, 2023

  1. Slide 1: Exchange filing cover letter for Q3 results presentation

    FIL/SEC/SEs/2022-23/096 4th February, 2023 The Manager – Listing Department The Manager – Listing Department National Stock Exchange of India Limited BSE Limited 5, Exchange Plaza Registered Office: Floor 25 Bandra-Kurla Complex P.J.Towers Bandra (East), Dalal Street Mumbai 400051 Mumbai 400 001 Scr

  2. Slide 2: Investor Presentation Q3 FY 2022-23

    Investor Presentation Q3 FY 2022-23 1

  3. Slide 3: Segment Performance – Key highlights Q3 FY23

    Segment Performance – Key highlights Q3 FY23 P&F Volume (MTs) PVC Volume (MTs) 92% 49% 20% 53% 54,063 64,696 90,396 43,464 59,218 46,994 Q3 FY22 Q2 FY23 Q3 FY23 Q3 FY22 Q2 FY23 Q3 FY23 P&F EBIT (Rs Cr) PVC EBIT (Rs Cr) 25% -93% n.a. n.a. 68.90 177.87 54.96 (47.63) 12.43 (110.68) Q3 FY22 Q2 FY23 Q3 F

  4. Slide 4: Business Performance of the Company (Total)

    Business Performance of the Company (Total) Revenue (Rs Cr) EBITDA (Rs Cr) 12% -62% 20% n.a. 242.01 1,125 91.87 1,005 (142.67) 941 Q3 FY22 Q2 FY23 Q3 FY23 Q3 FY22 Q2 FY23 Q3 FY23 PBT (Rs Cr) Sales volumes (in MT) [P&F + Resin] -62% 71% 37% n.a. 239.35 92.06 (129.25) 1,55,092 90,458 1,13,281 Q3 FY22

  5. Slide 5: Y-o-Y volume growth of 92% in Pipes and Fittings

    Y-o-Y volume growth of 92% in Pipes and Fittings Q3 FY23 9M FY23 Segment Revenue – Q3 FY23 Rs Cr Growth in volumes  Total revenue increased by  Total revenue registered a enhances revenue 12% y-o-y to Rs. 1,125 Cr y-o-y growth of 7% to performance from Rs. 1,005 Cr Rs. 3,256 Cr 1,077 504  EBITDA

  6. Slide 6: Segment Performance – Key highlights Q3 FY23

    Segment Performance – Key highlights Q3 FY23 Pipes and Fittings 1,077.15 Cr 90,396 MT 68.90 Cr 30% y-o-y 92% y-o-y 25% y-o-y Revenue Volume EBIT 504.09 Cr 64,696 MT 12.43 Cr (21%) y-o-y 49% y-o-y (93%) y-o-y Resin Revenue Volume EBIT 5

  7. Slide 7: EBITDA Movement Q3 FY23 vs. Q3 FY22

    EBITDA Movement Q3 FY23 vs. Q3 FY22 Rs Cr 120.03 (201.03) 242.01 (65.52) (3.62) 91.87 EBITDA Revenue Materials Employee Other expenses EBITDA Q3 FY22 consumed benefit expenses Q3 FY23 6

  8. Slide 8: EBITDA Movement 9M FY23 vs. 9M FY22

    EBITDA Movement 9M FY23 vs. 9M FY22 Rs Cr 203.23 (672.09) 753.42 (9.13) (200.31) 75.11 EBITDA 9M FY22 Revenue Materials Employee Other expenses EBITDA 9M FY23 consumed benefit expenses 7

  9. Slide 9: Summarised Income Statement

    Summarised Income Statement Rs. Cr Q3 FY23 Q3 FY22 YOY Change 9M FY23 9M FY22 YOY Change Total Income from operations 1,124.76 1,004.73 12% 3,255.99 3,052.76 7% EBITDA gain/ (loss) 91.87 241.90 -62% 75.11 753.42 -90% EBITDA % 8.17% 24.08% 2.31% 24.68% Depreciation 22.50 21.18 6% 65.40 61.85 Profit/(

  10. Slide 10: PVC Prices & PVC/EDC Delta

    1000 1200 1400 1600 1800 2000 200 400 600 800 0 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 PVC (USD/MT) Jul-21 Oct-21 Jan-22 Apr-22 PVC Prices & PVC/EDC Delta Jul-22 Oct-22 Jan-23 1000 1200 200 400 600 800 0 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Ap

  11. Slide 11: Select Marketing Initiatives

    Select Marketing Initiatives 10

  12. Slide 12: Brand Integration | Festival Celebration | Topical communication

    Brand Integration | Festival Celebration | Topical communication Diwali MMF Ration Kit Integration in MX player OTT Baitullah Film Launch Diwali brand film Navratri festive branding Distribution series – Dharavi Bank Social cause Brand Integration on TV – Weather branding on ABP Brand Integration –

  13. Slide 13: Micro Marketing activities; Participation in Exhibitions

    Micro Marketing activities; Participation in Exhibitions Extensive outdoor visibility Thematic stall with wide range of Pipes, Fittings and Merchandise display 12

  14. Slide 14: Internal events & Corporate branding for Q3 FY 2022-23

    Internal events & Corporate branding for Q3 FY 2022- 23 13

  15. Slide 15: Awards and Recognitions Q3 FY 2022-23

    Awards and Recognitions Q3 FY 2022- 23 ‘Best Brand Integration on TV’ ‘Entrepreneur of the Year’ award at IEBF, award at Global Marketing Excellence ‘Lokmat Maharashtrian of the Year 2022’ Award London Awards 2022 to Mr Prakash Chhabria, Chairman, Finolex Industries 14

  16. Slide 16: CSR Update

    CSR Update FINOLEX PIPES 15

  17. Slide 17: 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 we are present States where we are not present 16

  18. Slide 18: Commitment Towards 17 UN Sustainable Development Goals

    Strengthening Our Commitment Towards 17 out of the 17 UN Sustainable Development Goals 17

  19. Slide 19: 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 force

  20. Slide 20: CSR Activities in Q3 FY23 – some snapshots

    CSR Activities in Q3 FY23 – some snapshots Eradicating extreme hunger & poverty Support for Differently-Abled Promotion for Education  50 elderly individuals in Mehsana, Gujarat, were supported  Ongoing support being provided to 1,587 persons.  117 students at Ratnagiri were benefitted from a kno

  21. Slide 21: CSR Activities in Q3 FY23 – some snapshots

    CSR Activities in Q3 FY23 – some snapshots Promoting Preventive Healthcare Agricultural and rural development Environmental sustainability  500 visually-impaired individuals supported with cataract  100 farmers at MADHA Welfare Foundation, Solapur, Maharashtra, were supported with fertilisers and

  22. Slide 22: Contact: Mr. Abhay Amlekar

    Mr. Abhay Amlekar aba@finolexind.com D-1/10, MIDC Chinchwad, Pune 411 009 020 2740 8200 I 1-800-2003266 21 www.finolexpipes.com

  23. Slide 23: Finolex Industries reports 92% volume growth backed by healthy demand

    FOR IMMEDIATE RELEASE Finolex Industries reports 92% volume growth backed by healthy demand Pune, 04 Feb 2023: Finolex Industries Limited (NSE: FINPIPE|BSE:500940) at its Board Meeting held today announced unaudited financial results for the third quarter ended December 31, 2022. Key Financial Highl

  24. Slide 24: 9M FY23 Highlights

    9M FY23 Highlights:  Total income from operations was Rs 3,255.99 Cr for 9MFY23 – up 6.66% against Rs 3052.76 Cr in 9MFY22.  Volume in Pipes & Fittings segment grew 40% to 2,21,574 MT in 9MFY23 against 1,58,266 MT in 9MFY22  Volume in Resin segment was up 24.54% to 1,81,506 MT in 9MFY23 against 1

  25. Slide 25: This is Finolex

    This is Finolex: We are India’s most trusted PVC pipes and fittings manufacturer. Over the last 40 years, we have impacted the sanitation-plumbing and agricultural sectors with prudent investments across our value chain. Right from the sourcing of quality raw materials and resin production, to manuf

  26. Slide 26: Volume Data

    Finolex Industries Limited. Volume Data Sr. No. Particulars Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 1 Production in MT a PVC Resin 51,785 41,347 83,370 70,891 13,785 43,338 84,016 83,896 53,817 29,961 65,846 64,564 59,95

Finolex Industries — Q3 FY2022-23 Earnings Presentation on 6ix