Finolex Cables Ltd. — Investor Presentation 2021

Nov 15, 2021

FCL:SEC:SE:21:144 15th November, 2021

Corporate Relationship Department BSE Limited 1st Floor, New Trading Ring Rotunda Building, P J Towers Dalal Street, Fort Mumbai - 400001

Ref: Regulation 30(6} of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the "Regulations"),

Dear Sirs,

Sub: Intimation of Conference Call- Q2 FY21 Earnings Conference Call

In continuation of our earlier letter Ref. No. FCL:SEC:STOCK-EXCH:21:143 dated 13th . November, 2021 we enclose a copy of the presentation to be made by the Company who will be represented by Mr. D K Chhabria, Executive Chairman and Mr. Mahesh Viswanathan, Chief Financial Officer during the said Conference Call to be held on Monday, 15th November, 2021 at 4.00 p.m.

This is for your kind information and updating on the website of the Exchange.

Thanking you,

Yours faithfully For FINOLEX CABLES LIMITED

R G D'SILVA Company Secretary & President (Legal)

Encl: As stated above

Finolex Cables Limited

Key Highlights-Q2FY22

• Revenue increased by 46% YoY and 38% QoQ in Q-2 with healthy growth across all segments. $\blacksquare$
• EBITDA margins increased 113% YoY and 153% QoQ due to better performance in current quarter. $\qquad \qquad \blacksquare$

Electrical Cables

• Electrical cables segment improved due to economic activities across the country. Most markets opened up completely by the second week of July following improvements in control over the corona epidemic.
• Revenue improved by 40% QoQ and 46% increase against previous YoY level. Electrical cables business in volume terms increased by 5% mostly driven by improvement in economic activities in Real-estate and Auto sector.
• Current quarter witnessed steep increases in commodity prices(Copper, Steel, Aluminum, PVC, Fuel etc.) as also some supply chain constraints on imported material.Thus,while volumes climbed ,so did the costs.

Communication Cables

• Structural issues in the industry continue to adversely impact this segment, especially OFC. However, revenue improved by 11% 000.
• In Communication Cables segment, volume of metal-based products improved by 4% during the quarter. Optic Fiber Cable volumes grew by over 80% during the quarter.
• In current quarter one time major provision for delay in collection from Government debtors impacted margins negatively.

1 1 .75

Others

• Other segment comprise of Fans, Water Heaters, Lamps, Switches ,Switchgear and Conduit Pipes. Improved distribution foot print is starting to payoff as volumes have begun to grow. All products in this segment grew by between 6% and 150/0. Revenue increased by 930/0 YaY and 73 %QoQ.

_ -_. ••••

Standalone Statement of Profit and Loss Statement

Profit Bridge YTD Sept'21 VS Sept'20

Standalone Balance sheet

(Rs.ln Crore)

			(Rs.ln Crore)	As at	As at	As at
As at	As at3G-Jun-2021	As at30-Sept-2020	Particulars	30-Sept-2021	30-Jun-2021	30-Sept-2020
Particulars30-Sept-2021			Equity & Liabilities
			Equity
			(a) Equity Share Capital	30.59	30.59	30.59
			(b) Other Equity	3,053.16	2,986.16	2,718.48
				3,083.75	3,016.75	2,749.07
			Non Current Liabilities
868.54	852.67	851.70	(a) lease liabilities	3.80	3.79	4.14
			(b) Other Non current liabilities	43.15	46.42	44.59
671.86	786.33	562.94	(C ) Borrowings	0.31	0.31	0.31
176.45	168.24	116.36	Total Non Current Liabilities	47.26	50.52	49.04
			Current Liabilities
(c) investments & Cash andCash Equivalents			(a)Trade payables	170.60	171.96	130.78
			(b ) Provisions	6.75	7.56	7.84
				208.32	60.58	154.66
						293.28
3,516.68	3,307.37	3,091.39				3,091.39
	836.8131.731,771.4028.432,648.14	814.5238.151,443.1556.982,454.70	826.7025.001,495.3765.022,239.69	( c) Other Current liabilitiesTotal Current LiabilitiesTotal Equity & Liabilities	385.673,516.68	240.103,307.37

(Rs.ln Crore)

Cash Flow statement

Particulars	Q2FY22	Q1FY22	Q2FY21
Net cash generated from operating activities	287	30	147
Net cash generated/(used in) investing actlvitles""	(287)	(331	(990)
Net cash (used in) financing activities	(1)	(1)	(2)
Net Increase /(Decrease) in cash and cash equivalents	(2)	(4)	(844)

Other data points (Rs.ln Crore)

Particulars Q2FY22 Q1FY22 Q2FV21

Capital expenditure 24.78 6.25 13.16

45.00% 40.00% 35.00% 30.00% 25.00% 20.00% 15.00% 10.00% 5.00% 1 I I I] I j I 0.00% I I 35.92% 16.28% 9.12% 38.68% Promoters Mutual Fund & Foreign Non Institutional shareholding UTI Institutional Investors Investors

Notes: "* Fixed Deposit matured and amount invested in Investment.

Shareholding Pattern

Other Financial Metrics

Working Capital in days

Particulars	Q2FY22	Q1FY22	Q2FY21
Receivable Days	20	23	21
Payable Days	25	30	31
Inventory Days	75	106	100
Net working Capital Days	52	96	68

Finance Cost (Rs. In Crore)

Particulars	Q2FY22	Q1FV22	Q2FY21I
Interest others	0.15	0.14	0.18
Total	0.15	0.14	0.18

Key Highlights Revenue of all product

Finolex Cables Limited | Q2FY22 Earning Presentation

Safe Harbour

expectations or projections about the future, including but not limited to statements about the Company's strategy for growth, developments, information or events. The Company has sourced the industry information from the publicly available resources product development, market position, expenditures and financial results, are forward-looking statements. Forward-looking statements are based on certain assumptions and expectations of future events. The Company cannot guarantee that these assumptions and expectations are accurate or will be realised. The Company's actual results, performance or achievements This report contains forward-looking statements, which may be identified by their use of words like 'plans', 'expects', 'will', 'anticipates', 'believes', 'intends', 'projects', 'estimates' or other words of similar meaning. All statements that address could thus differ materially from those projected in any such forward-looking statements. The Company assumes no responsibility to publicly amend, modify or revise any forward-looking statements, on the basis of any subsequent and has not verified those information independently.

Thank you

Finolex Cables Limited

Regd. Office: 26-27, Mumbai-Pune Road, Pimpri, Pune - 411 018.

Tel.: +91-20-27475963

CIN: L31300MH1967PLC016531