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FINOLEX CABLES LTD Xceeds Xpectations Q4 FY 25 Presentation
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AGENDA 1. About Us 2. Goals and Objective 3. CSR 4. Spreading the word 5. Segment-wise 6. Key Highlights 7. Our key figure 2 8. Our key figure – Q4 9. Financial Statement 10. Profit Bridge 11. Shareholding Pattern 12. Product Portfolio 13. Engagement Matric
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ABOUT US Finolex Cables, established in 1958, is India’s leading and most diversified manufacturer of electrical and telecommunication cables. Over the years, we have earned a reputation for excellence, driven by our core values of manufacturing innovation, technical expertise, and operational excellence. In response to evolving market demands, we expanded into the fast-moving electrical goods (FMEG) sector, positioning ourselves as a comprehensive electrical solutions provider. This strategic diversification allows us to capitalize on the growing opportunities in the B2C consumer segment, offering a broader range of products to meet the needs of today’s consumers. Our unwavering commitment to quality , safety, and corporate governance has not only strengthened our position in the market but has also helped foster trust and long-lasting relationships with our customers. With a legacy built on trust and performance, Finolex continues to lead the way, setting new benchmarks in the industry. 3
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GOALS AND OBJECTIVE Growth:- Our strategic journey is marked by continuous expansion and modernisation of infrastructure and processes, to efficiently meet evolving customer needs and capitalise on growing segment opportunities. Customer Satisfaction:- As India’s most diversified and leading manufacturer of electrical and telecommunication cables, we develop innovative solutions to meet the varied needs of customers across multiple segments. Our unwavering commitment to quality, safety and resilience has solidified our position as a leading brand, driving strong growth and earning enduring customer trust and confidence. 4
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Snehvan, Vadgaon Ghenand BEYOND BUSINESS: OUR SOCIAL IMPACT Caring Hands, Talegaon
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SPREADING THE WORD
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SEGMENT-WISE COMPARISON A. Electrical cables , 86% B. Communicatio n cables , 10% C. Copper rods , 0% D. Others , 4% March'25 A. Electrical cables , 85% B. Communication cables , 9% C. Copper rods , 1% D. Others , 5% March'24
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KEY HIGHLIGHTS 9 Top Line Revenue Q4FY25:-1595 • 35% Q-o-Q • 14% Y-o-Y FY25:- 5319 6% Y-o-Y Operating EBITDA Q4FY25:-221 27% Q-o-Q 6% Y-o-Y FY25:- 762 (5)% Y-o-Y PAT Q4FY25:-152 23% Q-o-Q 4% Y-o-Y FY25:- 544 (5)% Y-o-Y (Rs. In Cr)
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KEY HIGHLIGHT 10 Q4 FY25 Financial Performance Highlights o Strong Revenue Growth - Quarterly revenue at ₹1,595 Crores, up 14% YoY from ₹1,401 Crores in FY 24 and 35% from previous quarter; oProfit After Tax PAT stood at ₹152 Crores for the quarter; (Rs. In Cr) Revenue EBITDA PAT 1595 1182 1401 0 200 400 600 800 1000 1200 1400 1600 1800 Q4FY25 Q3FY25 Q4FY24 Q-o-Q 35% Y-o-Y 14% 221 174 209 0 50 100 150 200 250 Q4FY25 Q3FY25 Q4FY24 Q-o-Q 27% Y-o-Y 6% 152 124 146 0 40 80 120 160 Q4FY25 Q3FY25 Q4FY24 Q-o-Q 23% Y-o-Y 4%
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ELECTRICAL CABLES 11 Annual sales of ₹5,318.9 crore, representing 6% growth over previous year's ₹5,014.4 crore; Navigated significant commodity price volatility through dynamic pricing strategies; Electrical Wires Business Line: Maintained stable volumes despite challenging market conditions. E- Beam plant commissioned during the quarter; two new products introduced – solar cables and premium wires for construction; both products appreciated for their quality and performance. Cables Business Line: Delivered strong 15% volume growth. Revenue EBIT Q4 FY25 YTD FY25 (Rs. In Cr) 1391 972 1201 0 200 400 600 800 1000 1200 1400 1600 Q4FY25 Q3FY25 Q4FY24 Y-o-Y 16% Q-o-Q 43% 153 116 145 0 20 40 60 80 100 120 140 160 180 Q4FY25 Q3FY25 Q4FY24 Y-o-Y 5% Q-o-Q 32% 4499 4222 0 1000 2000 3000 4000 5000 YTD FY 24-25 YTD FY 23-24 Y-o-Y 7% 476 538 0 100 200 300 400 500 600 YTD FY 24-25 YTD FY 23-24 Y-o-Y (11)%
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COMMUNICATION CABLES 12 FY 2024-25 Communication Cables: OFC volumes were higher by 30% - however, given the price erosion on fiber during the year, revenue at segment level was marginally lower than previous year. Preform facility – project progressing well;production trials expected in June/July Revenue EBIT Q4 FY25 YTD FY25 (Rs. In Cr) 123 130 128 0 20 40 60 80 100 120 140 Q4FY25 Q3FY25 Q4FY24 Q-o-Q (6) Y-o-Y (4)% 1.62 1.46 3.10 0.00 0.50 1.00 1.50 2.00 2.50 3.00 3.50 Q4FY25 Q3FY25 Q4FY24 Q-o-Q 11% Y-o-Y (48)% 508 531 0 100 200 300 400 500 600 YTD FY 24-25 YTD FY 23-24 Y-o-Y (4)% 8.20 11.28 0.00 2.00 4.00 6.00 8.00 10.00 12.00 YTD FY 24-25 YTD FY 23-24 Y-o-Y (27)%
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OTHERS 13 Revenue growth of 14% during the year; additions to network and product range ongoing. EBIT Revenue Q4 FY25 YTD FY25 (Rs. In Cr) 65 63 64 0 10 20 30 40 50 60 70 Q4FY25 Q3FY25 Q4FY24 Q-o-Q 3% Y-o-Y 2% 1.88 1.72 0.82 0.00 0.20 0.40 0.60 0.80 1.00 1.20 1.40 1.60 1.80 2.00 Q4FY25 Q3FY25 Q4FY24 Q-o-Q 9% Y-o-Y 129% 256 225 0 50 100 150 200 250 300 YTD FY 24-25 YTD FY 23-24 Y-o-Y 14% 4.95 3.14 0.00 1.00 2.00 3.00 4.00 5.00 6.00 YTD FY 24-25 YTD FY 23-24 Y-o-Y 58%
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STATEMENT OF PROFIT & LOSS 14 (Rs. In Cr) Particulars Quarterly Year to Date Q4FY25 Q3FY25 Q4FY24 YTD 25 YTD 24 Revenue from Operations 1594.58 1182.11 1401.02 5318.89 5014.39 Other Income 54.76 44.74 49.67 247.66 218.05 Total Income (I+II) 1649.34 1226.85 1450.69 5566.55 5232.44 Expenses Cost of material consumed 1246.44 1065.85 1034.50 4359.53 3817.42 Purchase of stock-in-trade 18.74 15.07 19.09 73.88 75.92 Changes in inventories of finished goods, stock-in- trade and work in progress 17.51 (152.21) 55.97 (141.32) 54.99 Employee benefits expense 43.93 47.51 46.94 184.59 177.31 Finance costs 0.50 0.39 0.88 1.67 2.03 Depreciation and amortization expense 12.42 11.73 11.65 46.61 43.85 Other expenses 101.67 76.87 85.55 328.04 308.07 Total Expenses (IV) 1441.21 1065.21 1254.58 4853.00 4479.59 Profit before tax (III-IV) 208.13 161.64 196.11 713.55 752.85 Tax expense (1) Current tax 46.68 29.41 42.40 141.80 158.04 (2) Deferred tax charge/(credit) 9.59 8.29 7.49 27.35 23.21 Total Tax 56.27 37.70 49.89 169.15 181.25 Profit for the year (V-VI) 151.86 123.94 146.22 544.40 571.60
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STATEMENT OF ASSETS & LIABILITIES 15 (Rs. In Cr) As at As at As at As at 31st March 2025 31st March 2024 31st March 2025 31st March 2024 I ASSETS II EQUITY AND LIABILITIES NON CURRENT ASSETS EQUITY (a) Property, Plant and Equipment 565.50 427.93 (a) Equity Share Capital 30.59 30.59 (b) Capital Work-in-Progress 209.94 167.51 (b) Other Equity 4568.52 4175.29 (c) Intangible Assets 0.94 1.19 Total equity 4599.11 4205.88 (d) Intangible Assets under development 0.54 0.00 LIABILITIES (e) Right of use Asset 16.98 15.38 NON CURRENT LIABILITIES (f) Financial Assets (a) Financial Liabilities i) Investment in Associate and Joint Ventures 174.56 186.56 i) Borrowings NC 0.80 0.81 ii) Other Investments 181.14 210.21 ii) Lease Liabilities NC 14.52 13.79 iii) Other Financial Assets 58.74 5.83 (b) Provisions 13.22 11.83 (g) Non-Current Tax Assets (net) 19.08 17.21 (c) Deferred Tax Liabilities (Net) 81.90 59.44 (h) Other Non-Current Assets 59.02 47.89 Total Non Current Liabilities 110.44 85.87 Total Non Current Assets 1286.44 1079.71 CURRENT LIABILITIES (a) Financial Liabilities CURRENT ASSETS i)Borrowings 0.07 0.07 (a) Inventories 717.03 576.33 ii)Lease Liabilities C 4.60 3.39 (b) Financial Assets iii)Trade Payables i)Investments 2414.38 2179.61 (a) Total Outstanding Dues of micro enterprises and small enterprises 35.66 25.61 ii)Trade Receivables 242.56 177.47 (b) Total Outstanding Dues of Creditors other than micro enterprises and small enterprises 206.06 208.60 iii)Cash and Cash Equivalents 90.13 93.08 (iv) Other Financial Liabilities 5.03 4.52 iv)Other Bank balances 55.34 4.91 (b) Other Current Liabilities 63.82 52.86 v)Other Financial Assets 223.14 475.74 (c) Provisions 8.01 7.75 (c) Other Current Assets 41.54 41.02 (d) Current tax Liabilities (net) 37.76 33.32 Total Current Liabilities 361.01 336.12 Total Current Assets 3784.12 3548.16 TOTAL LIABILITY 471.45 421.99 TOTAL ASSETS 5070.56 4627.87 TOTAL EQUITY AND LIABILITIES 5070.56 4627.87
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PROFIT BRIDGE YTD MARCH’25 VS MARCH’24 16 (Rs. In Cr) 752.85 (18.61) (11.01) (2.76) (7.28) 0.36 713.55 (200.00) - 200.00 400.00 600.00 800.00 1,000.00 PBT MARCH'24 Margin (Decrease) Other Expense Depreciation Employee Cost Finance Cost PBT MARCH'25
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SPEAKING ENGAGEMENT METRICS Particulars Q4FY25 Q3FY25 Q4FY24 Receivable Days 14 15 11 Payable Days 14 20 17 Inventory Days 50 73 47 Net working Capital Days 34 30 27 17 Working capital in days Key Ratios Particulars 2025 2024 2023 PAT to Revenue (%) 9.3 11.5 11.5 Return on Net Worth (%) 11.8 13.6 13.5 Earnings per Share Rupees (for face value of Rs.2/ each) 35.6 37.4 32.8 Asset Turnover Ratio (Revenue to Total Assets) 1.2 1.2 1.2 Return on Capital Employed (%) 15.6 17.9 17.4 Payout Ratio (incl. Dividend Tax) Distribution to PAT(%) 22.5 21.4 21.3 Operating Profit Margin (%) 22.9 24.5 24.3 Net Profit Margin (%) 9.8 10.9 10.7
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SHAREHOLDING PATTERN 18 35.86% 16.24% 11.00% 36.90% 0.00% 5.00% 10.00% 15.00% 20.00% 25.00% 30.00% 35.00% 40.00% Promotors Shareholding Mutual Fund & UTI Non Promotor - Non Public Non Institutional Investors
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OUR EXTENSIVE PORTFOLIO 19
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20 OUR EXTENSIVE PORTFOLIO
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THANK YOU +91-20- 27475963 sales.finolex.com Regd. Office: 26-27, Mumbai-Pune Road, Pimpri, Pune - 411 018. Connect with us.