Finolex Industries Limited

92%

tor Presentation Q3 FY 2022-23 1 Segment Performance – Key highlights Q3 FY23 P&F Volume (MTs) 92% 53% PVC Volume (MTs) 49% 20% 46,994 Q3 FY22 59,218 90,396 Q2 FY23 Q3 FY23 P&F EBIT (R

53%

resentation Q3 FY 2022-23 1 Segment Performance – Key highlights Q3 FY23 P&F Volume (MTs) 92% 53% PVC Volume (MTs) 49% 20% 46,994 Q3 FY22 59,218 90,396 Q2 FY23 Q3 FY23 P&F EBIT (Rs Cr)

49%

23 1 Segment Performance – Key highlights Q3 FY23 P&F Volume (MTs) 92% 53% PVC Volume (MTs) 49% 20% 46,994 Q3 FY22 59,218 90,396 Q2 FY23 Q3 FY23 P&F EBIT (Rs Cr) 25% n.a. 54.96 (

20%

Segment Performance – Key highlights Q3 FY23 P&F Volume (MTs) 92% 53% PVC Volume (MTs) 49% 20% 46,994 Q3 FY22 59,218 90,396 Q2 FY23 Q3 FY23 P&F EBIT (Rs Cr) 25% n.a. 54.96 (47.63

25%

VC Volume (MTs) 49% 20% 46,994 Q3 FY22 59,218 90,396 Q2 FY23 Q3 FY23 P&F EBIT (Rs Cr) 25% n.a. 54.96 (47.63) 43,464 54,063 64,696 Q3 FY22 Q2 FY23 Q3 FY23 PVC EBIT (Rs Cr) -9

93%

% n.a. 54.96 (47.63) 43,464 54,063 64,696 Q3 FY22 Q2 FY23 Q3 FY23 PVC EBIT (Rs Cr) -93% 68.90 177.87 n.a. (110.68) 12.43 Q3 FY22 Q2 FY23 Q3 FY23 Q3 FY22 Q2 FY23 Q3 FY23 2 B

12%

FY23 Q3 FY22 Q2 FY23 Q3 FY23 2 Business Performance of the Company (Total) Revenue (Rs Cr) 12% 20% 1,005 941 1,125 EBITDA (Rs Cr) -62% n.a. 91.87 242.01 (142.67) Q3 FY22 Q2 FY23

62%

formance of the Company (Total) Revenue (Rs Cr) 12% 20% 1,005 941 1,125 EBITDA (Rs Cr) -62% n.a. 91.87 242.01 (142.67) Q3 FY22 Q2 FY23 Q3 FY23 Q3 FY22 Q2 FY23 Q3 FY23 PBT (Rs Cr)

71%

Q3 FY23 PBT (Rs Cr) 239.35 -62% n.a. 92.06 (129.25) Sales volumes (in MT) [P&F + Resin] 71% 37% 90,458 1,13,281 1,55,092 Q3 FY22 Q2 FY23 Q3 FY23 Q3 FY22 Q2 FY23 Q3 FY23 3 Y-

37%

Y23 PBT (Rs Cr) 239.35 -62% n.a. 92.06 (129.25) Sales volumes (in MT) [P&F + Resin] 71% 37% 90,458 1,13,281 1,55,092 Q3 FY22 Q2 FY23 Q3 FY23 Q3 FY22 Q2 FY23 Q3 FY23 3 Y-o-Y v

Rs. 1,125

ance sheet Q3 FY23 9M FY23 Segment Revenue – Q3 FY23  Total revenue increased by 12% y-o-y to Rs. 1,125 Cr from Rs. 1,005 Cr  Total revenue registered a y-o-y growth of 7% to Rs. 3,256 Cr  EBITDA

Rs. 1,005

9M FY23 Segment Revenue – Q3 FY23  Total revenue increased by 12% y-o-y to Rs. 1,125 Cr from Rs. 1,005 Cr  Total revenue registered a y-o-y growth of 7% to Rs. 3,256 Cr  EBITDA of Rs 92 Cr (vs. Rs

“They have all come to expect the world from us.”

“Because that’s exactly what we expect from ourselves.”

This is Finolex

1

Partners in Compassion

1

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 manufacturing, storage, transport, sales, marketing and even further downstream to include customer engagement To stay focused on making superior quality pipes and fittings, and nothing else but that, for forty years, is no mean feat. Aligning every decision, every action, every resource towards delivering quality pipes and fittings. To choose to do just this one thing, and do it well. So that once our customers install our pipes, they completely forget about us. We take great pride in this dependable quality that has not only earned us ISO 9001:2015 certifications across plants, but also earned us the sincere affection of farmers, plumbers, homeowners, partners, associates and shareholders. They have all come to

Partners in Compassion

Mukul Madhav Foundation (MMF), our CSR partner, is a registered charitable trust under the Bombay Charitable Act 1950. It has dedicated itself to uplifting underprivileged and vulnerable communities with opportunities that pave their path to success. Empowering them with educational facilities, hospitals, healthcare, sanitation and environmental support, social welfare and so much more. Creating a foundation for individuals, their communities and their environment to thrive. MMF also supports existing infrastructure and initiatives by helping them upgrade. We don’t simply donate funds, we endow dignity. 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 a b 2 a b c Production in MT PVC Resin PVC pipes & fittings Sales in MT PVC Resin-External PVC Resin-Inhouse Total PVC PVC Pipes PVC Fittings Total Pipes and Fittings 51,785 88,297 41,347 62,786 83,370 53,35