Finolex Industries Limited · NSE:FINPIPE
Finolex Industries — Q1 FY22 Earnings Presentation
21 slides from Finolex Industries's earnings presentation, Jul 30, 2021
Slide 1: Filing cover letter to stock exchanges
if- Registered Office I Urse Plant Tel +91 2114 237251 I 237253 Finolex Industries Limited Toll Free 1800 200 3466 Gat No. 399, Village Urse, Tal.-Maval, Fax +91 2114 237252 Dist. Pune 410 506 , Maharashtra, India Email investors@finolexind.com CIN L40108PN1981PLC024153 Web finolexpipes.com FIL/SEC/
Slide 2: Investor Presentation Q1 FY22
Investor Presentation Q1 FY22
Slide 3: Better performance led by volume recovery in both segments
Better performance led by volume recovery in both segments Segment Revenue – Q1 FY22 Q1 FY22 Rs Crs Strong quarterly revenue Total revenue registered a y-o-y growth of 71.9% to Rs 966 Crs 627 845 Resulting in robust EBITDA grew by 137.4% to Rs 210 Crs PVC Resin P&F operational PAT grew by 166.
Slide 4: Segment Performance – Key highlights Q1 FY22
Segment Performance – Key highlights Q1 FY22 Pipes and Fittings 845.39 Crs 55,819 MT 43.64 Crs 66.8% y-o-y 5.5% y-o-y (15.2%) y-o-y Revenue Volume EBIT 627.11 Crs 50,249 MT 157.85 Crs 113.2% y-o-y 10.6% y-o-y 580.1% y-o-y Resin Revenue Volume EBIT 3
Slide 5: Business Performance by Segment
Business Performance by Segment P&F Volume (MTs) PVC Volume (MTs) 5.5% (7.3)% 10.6% (33.3%) 60,232 75,281 55,819 50,249 45,435 52,911 Q1 FY21 Q4 FY21 Q1 FY 22 Q1 FY21 Q4 FY21 Q1 FY 22 P&F EBIT (Rs Cr) PVC EBIT (Rs Cr) (15.2%) 580.1% (51.9%) (37.2%) 69 328 51 44 158 23 Q1 FY21 Q4 FY21 Q1 FY 22 Q1 FY2
Slide 6: Business Performance of the company
Business Performance of the company Revenue (Rs Cr) EBITDA (Rs Cr) 71.9% 137.4% (22.7%) (48.9%) 1,249 410 966 562 210 88 Q1 FY21 Q4 FY21 Q1 FY 22 Q1 FY21 Q4 FY21 Q1 FY 22 PAT (Rs Cr) Net Investments (Rs Cr) 157.9% 166.4% (26.6%) (50.6%) 297 825 606 147 235 55 Q1 FY21 Q4 FY21 Q1 FY 22 Q1 FY21 Q4 FY21
Slide 7: EBITDA Movement Q1 FY22 vs Q1FY21
EBITDA Movement Q1 FY22 vs Q1FY21 Rs Cr 403.83 (196.32) (10.84) (75.40) 209.51 88.24 EBITDA Revenue Materials Employee Other EBITDA Q1FY21 consumed benefit expenses Q1FY22 expenses 6
Slide 8: Summarised Income Statement
Summarised Income Statement Rs. in Crores Q1FY22 Q1FY21 YOY Change Total Income from operations 965.72 561.89 71.9% EBITDA 209.51 88.24 137.4% EBITDA margin (%) 21.7% 15.7% Depreciation 20.06 18.83 EBIT 189.45 69.41 173.0% EBIT % 19.6% 12.4% Other Income 15.35 8.32 Finance costs 4.76 3.28 Profit bef
Slide 9: PVC Prices & PVC/EDC Delta
PVC Prices & PVC/EDC Delta PVC (USD/MT) PVC/EDC Delta (USD/MT) 1200 1800 1600 1000 1400 1200 800 1000 600 800 600 400 400 200 200 0 0 8
Slide 10: Key Strategies
Key Strategies EXPANDING CAPACITY CASH-N-CARRY BRANDING FOOTPRINT EXPANSION Follow Cash-n-carry Promote brand and Expand distribution Increase installed model to keep the quality network in all capacities of PVC balance sheet light. consciousness geographies with higher pipes and fittings in amongst
Slide 11: Footprints
Footprints Distribution Reach Offices & Plants FIL is on track in terms of expanding its scale of operations by increasing production capacity and distribution reach Wide network of 21,000 retail touch points Delhi Masar Pune Urse Ratnagiri Corporate Office at Pune Works Branch Office 10
Slide 12: CSR Activities in Q1 FY22 – some snapshots
CSR Activities in Q1 FY22 – some snapshots Promotion Of Education – Accessible and Quality Education Eradicating Extreme Hunger and Poverty Promoting Preventive Healthcare Ensuring learning doesn’t stop due to lockdown, world 1 Crore individual impacted in our endeavour in eradicating hunger 5
Slide 13: CSR Activities in Q1 FY22 – some snapshots
CSR Activities in Q1 FY22 – some snapshots Promotion of Vocational Skill and Livelihoods Promoting Gender Equality and Empowering Women Other Key Initiatives & Partnerships 460 families supported with ration kits in Matheran Widowed Women farmers in Osmanabad, Maharashtra were Cement Nala Band
Slide 14: CSR Activities in Q1 FY22 – Covid-19 Relief and Key Initiatives & Awards
CSR Activities in Q1 FY22 – Covid -19 Relief and Key Initiatives & Awards FIL & MMF have been working relentlessly to support the society in the times of a global health pandemic through extending support in various needs for Groceries, PPE kits, Healthcare , Safety kits that has arisen from this pa
Slide 15: Print, Magazine Ads, & Other Branding Activities
Print, Magazine Ads, & Other Branding Activities Indian Plumbing Association Magazine Ads Newspaper Ads 14
Slide 16: Outdoor Advertising, Event Promotion, Television Commercials
Outdoor Advertising, Event Promotion, Television Commercials Events Association Outdoor Advertising/Events Television Commercials 15
Slide 17: Digital Marketing – IPL/ Campaigns
Digital Marketing – IPL/ Campaigns Pre-Campaign Teasers IPL Theme Posts Television Commercials 16
Slide 18: Finolex Industries Limited
FINOLEX INDUSTRIES LIMITED & Mr Krishna Kumar (AGM Finance) e kck@finolexind.com 22 D-1/10, M.I.D.C. Chinchwad, Pune 411019 % 0202740 8200 | 1-800-2003266 www.finolexpipes.com 17
Slide 19: Volume Data
Finolex Industries Ltd. Volume Data Sr. No. Particulars Q1FY19 Q2FY19 Q3FY19 Q4FY19 Q1FY20 Q2FY20 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 1 Production in MT a PVC Resin 52,757 45,839 76,686 84,221 51,785 41,347 83,370 70,891 13,785 43,338 84,016 83,896 53,817 b PVC pipes & fittings 73,276 5
Slide 20: Finolex Industries posts strong results for Q1 FY22
FOR IMMEDIATE RELEASE Finolex Industries posts strong results for Q1 FY22 Q1FY22 Net Revenue up 71.9 % at Rs. 965.72 Cr and EBITDA up 137.4 % at Rs. 209.51 Cr Pune, 30 July 2021: Finolex Industries Limited (NSE:FINPIPE|BSE:500940), India’s largest and only backward integrated manufacturer of PVC Pip
Slide 21: Profit and Loss Account Summary Table
Profit and Loss Account Summary Table: (INR-Cr) Inc / Dec Particulars (Rs Cr) Q1FY22 Q1FY21 (%) Total Income from 965.72 561.89 71.9% operations EBITDA 209.51 88.24 137.4% EBITDA margin (%) 21.7% 15.7% Depreciation 20.06 18.83 EBIT 189.45 69.41 173.0% EBIT % 19.6% 12.4% Other Income 15.35 8.32 Finan