Polycab India Ltd. · NSE:POLYCAB
Polycab India — Q3 FY2022 Earnings Presentation
17 slides from Polycab India's earnings presentation, Jan 21, 2022
Slide 1: Q3 FY2022 Presentation
Annual General Meeting Q3 FY2022 Presentation 21 July 2021 21 January 2022
Slide 2: Q3 FY2022 Financial Performance
Q3 FY2022 Financial Performance 2
Slide 3: Key Highlights
Key Highlights Top-line (Revenue) Operating (EBITDA) Profitability (PAT) Q3FY22: 33,720 mn Q3FY22: 3,620 mn Q3FY22: 2,484 mn 23% YoY 3% YoY 1% YoY 12% QoQ 24% QoQ 26% QoQ 9M FY22: 82,338 mn 9M FY22: 7,867 mn 9M FY22: 5,199 mn 41% YoY 11% YoY 11% YoY Mobile App Polycab India Limited | Q3 FY22 Earning
Slide 4: Q3 FY22: Sustaining sequential momentum
Q3 FY22: Sustaining sequential momentum Revenue (INR mn) EBITDA (INR mn) Margin PAT (INR mn) Margin 12.8% 9.7% 10.7% 33,720 8.9% 3,620 6.6% 7.4% 30,066 3,504 27,463 2,450 2,484 2,927 1,978 23% YoY 12% QoQ 3% YoY 24% QoQ 1% YoY 26% QoQ Q3FY21 Q2FY22 Q3FY22 Q3FY21 Q2FY22 Q3FY22 Q3FY21 Q2FY22 Q3FY22 ▪
Slide 5: 9M FY22: Healthy broad based growth
9M FY22: Healthy broad based growth Revenue (INR mn) EBITDA (INR mn) Margin PAT (INR mn) Margin 82,338 12.1% 8.0% 9.6% 6.3% 58,495 5,199 7,867 4,704 7,070 41% YoY 11% YoY 11% YoY 9M FY21 9M FY22 9M FY21 9M FY22 9M FY21 9M FY22 ▪ Revenue grew by 41% YoY enduring the impact of second wave at the begin
Slide 6: Wires and Cables
Wires and Cables Q3FY22 ▪ Wires and Cables revenue grew by 24% on YoY basis Revenue (INR mn) EBIT (INR mn) Margin and 38% on a biennial basis. Overall demand 12.5% 10.3% environment sustained the sequential momentum. 29,679 8.7% 26,000 ▪ While domestic distribution driven business 24,023 3,011 3,044
Slide 7: Fast Moving Electrical Goods
Fast Moving Electrical Goods Q3FY22 ▪ FMEG business grew 11% YoY enduring the Revenue (INR mn) EBIT (INR mn) Margin challenging market environment and a stronger base. October saw a robust momentum however December 3,429 3,404 was impacted by weaker trade and consumer 3,055 5.9% 5.0% sentiments aris
Slide 8: Other
Other Q3FY22 ▪ Other segment largely comprises of our EPC business Revenue (INR mn) EBIT (INR mn) Margin ▪ Total income at Rs 745mn grew by 21% YoY 18.2% 796 14.0% 14.3% 745 ▪ Segmental EBIT was up by 26% YoY. Margin stood at 614 145 14.3%. 106 86 ▪ Annual sustainable operating margin in this busine
Slide 9: Financial Statements
Financial Statements Scan for Financial Results Download Link Scan for Interim Financial Statements Download Link 9
Slide 10: Consolidated Profit and Loss Statement
Consolidated Profit and Loss Statement Quarter Year To Date Particulars (INR mn) Q3FY22 % Q2FY22 % Q3FY21 % 9M FY22 % 9M FY21 % Revenue from Operation 33,720 100.0% 30,066 100.0% 27,463 100.0% 82,338 100.0% 58,495 100.0% Cost of Goods sold 26,095 77.4% 23,474 78.1% 20,880 76.0% 63,765 77.4% 43,315 7
Slide 11: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (INR mn) Dec-21 Sep-21 Dec-20 Particulars (INR mn) Dec-21 Sep-21 Dec-20 Assets Equity and Liabilities Non-current Assets Shareholder’s Funds Fixed Assets 18,128 20,414 19,506 Share Capital 1,494 1,493 1,491 Non-current Deposits 2,092 2,090 21 Reserves and Surpl
Slide 12: Consolidated Condensed Cash Flow Statement Other key data points
Consolidated Condensed Cash Flow Statement Quarter Year To Date Particulars (INR mn) Q3FY22 Q2FY22 Q3FY21 9M FY22 9M FY21 Net Cash Flow from Operating Activities -3,981 3,655 7,713 -1,910 15,463 Net cash flow from/(used in) investing activities 3,996 -1,024 -7,297 2,171 -13,337 Net cash flow from/(u
Slide 13: Other financial metrics
Other financial metrics Trailing twelve months Closing Working Capital in days Q3FY22 Q2FY22 Q1FY22 FY21 FY20 Q3FY22 Q2FY22 Q1FY22 FY21 FY20 Receivable Days 39 37 40 59 57 40 37 35 59 59 Inventory days 97 93 114 108 112 116 95 129 110 110 Payable Days 84 77 87 102 122 74 75 91 102 105 Net Working Ca
Slide 14: 360-degree visibility across platforms
360-degree visibility across platforms Polycab India Limited | Q3 FY22 Earnings Presentation 14
Slide 15: Shareholding Pattern
Shareholding Pattern Note: As on 31st December 2021. DII (Domestic Institutional Investors) includes “Mutual Funds”. FII (Foreign Institutional Investors) includes "Foreign Portfolio - Corp" and "Foreign Corporate Bodies". QIB/ AIF stands for "Qualified Institutional Buyer"/ "Alternative Investment
Slide 16: Safe Harbour Notes and general definitions
Safe Harbour Notes and general definitions This Release / Communication, except for the historical information, may contain 1. Numbers on consolidated basis in INR million statements, including the words or phrases such as ‘expects, anticipates, intends, will, 2. Revenue: Revenue from operations wou
Slide 17: THANK YOU
Polycab India Limited Contact us THANK YOU For investor relations: investor.relations@polycab.com For queries on shares & investor grievance: shares@polycab.com Website: www.polycab.com