Key Financial Performance - Q2 FY27 (Standalone)

Revenue: ₹2,269 crore, up 64.9% YoY from ₹1,376 crore in Q2 FY26 and up 12.7% QoQ from ₹2,013 crore in Q1 FY27

COGS: ₹1,818 crore, up 64.6% YoY

Gross Profit: ₹451 crore, up 66.4% YoY

Gross Profit Margin: 19.9% (18 bps improvement YoY, 45 bps improvement QoQ)

EBITDA: ₹309 crore, up 115.9% YoY from ₹143 crore

EBITDA Margin: 13.6% (322 bps improvement YoY, 131 bps improvement QoQ)

PAT: ₹286 crore, up 53.2% YoY from ₹187 crore

PAT Margin: 12.6% (97 bps decline YoY, 163 bps improvement QoQ)

EPS: ₹18.72, up 53.2% YoY from ₹12.22

Key Financial Performance - H1 FY27 (Standalone)

Revenue: ₹4,282 crore, up 54.5% YoY from ₹2,771 crore in H1 FY26

COGS: ₹3,440 crore, up 53.9% YoY

Gross Profit: ₹842 crore, up 57.0% YoY

Gross Profit Margin: 19.7% (31 bps improvement YoY)

EBITDA: ₹557 crore, up 103.3% YoY from ₹274 crore

EBITDA Margin: 13.0% (312 bps improvement YoY)

PAT: ₹508 crore, up 55.9% YoY from ₹326 crore

PAT Margin: 11.9% (10 bps improvement YoY)

EPS: ₹33.19, up 55.8% YoY from ₹21.30

Consolidated Financial Performance - Q2 FY27

Revenue: ₹2,269 crore (same as standalone)

EBITDA: ₹311 crore, up 114.5% YoY from ₹145 crore

EBITDA Margin: 13.7% (317 bps improvement YoY)

PAT: ₹273 crore, up 67.8% YoY from ₹163 crore

PAT Margin: 12.0% (20 bps improvement YoY)

EPS: ₹17.85, up 67.9% YoY from ₹10.63

Consolidated Financial Performance - H1 FY27

Revenue: ₹4,282 crore

EBITDA: ₹555 crore, up 97.3% YoY from ₹281 crore

EBITDA Margin: 13.0% (281 bps improvement YoY)

PAT: ₹522 crore, up 60.5% YoY from ₹325 crore

PAT Margin: 12.2% (45 bps improvement YoY)

EPS: ₹34.13, up 60.5% YoY from ₹21.27

Operational Highlights

  • Strong industry tailwinds driven by Infrastructure thrust, Housing, Urbanization, Industrial Capex, Renewable Energy Solar projects & Automobiles
  • Favorable pricing environment with effective pass-through of raw material price increases
  • Strong performance despite volatility caused by geopolitical issues
  • Demonstrated strength in pricing discipline

Company Overview

Market Position: 23.9% market share in organized wire industry

Listing Date: October 1983

Employee Strength: 1,631 employees

Manufacturing Units: 5 world-class manufacturing units

Distribution Network: ~5,000 distributors and ~215,000 retailers

Credit Rating: CRISIL AA+/Stable (reaffirmed October)

Manufacturing Facilities and Products

1. Ponda, Goa: Speaker cables and winding wire for pump-set industry

2. Roorkee, Uttarakhand: Copper rods

3. Verna, Goa: Electrical wires for construction, wires for automobiles, switches, switchgear, agricultural application

4. Urse, Pune, Maharashtra: All electrical wires, optic fibre cables, wires for automobile, solar, industrial & agricultural applications, all communication and LT & HT power cables

5. Additional facility: Electrical wires, optic fibre cables, co-axial cables, jelly-filled telephone, conduits with accessories

Historical Financial Performance (Standalone)

FY21-FY26 Revenue: ₹2,768 crore (FY21) to ₹6,321 crore (FY26)

FY21-FY26 PAT: ₹283 crore (FY21) to ₹623 crore (FY26)

H1 FY27 Revenue: ₹4,282 crore

H1 FY27 PAT: ₹508 crore

Balance Sheet Highlights (Standalone - H1 FY27)

Total Assets: ₹6,252.63 crore

Non-Current Assets: ₹1,976.42 crore (including Property, Plant and Equipment: ₹887.80 crore, Capital Work-in-Progress: ₹89.15 crore)

Current Assets: ₹4,276.21 crore (including Inventories: ₹1,483.21 crore, Investments: ₹1,814.65 crore, Trade Receivables: ₹450.65 crore)

Balance Sheet Highlights (Consolidated - H1 FY27)

Total Assets: ₹7,609.18 crore

Non-Current Assets: ₹3,332.97 crore

Current Assets: ₹4,276.21 crore

Investment in Associate and Joint Ventures: ₹1,665.86 crore

Investor Relations Contact

Dentsu One – Investor Relations

Contacts: Pratik Patil, Pranay Premkumar, Parth Raorane

Disclosure Compliance

The investor presentation has been uploaded on the company website at https://www.finolex.com/View/Page/Analyst-meeting-presentation as required by SEBI regulations.