Polycab India Ltd. · NSE:POLYCAB
Polycab India — Q1 FY2021 Earnings Presentation
15 slides from Polycab India's earnings presentation, Jul 21, 2020
Slide 1: Q1 FY2021 Earnings Presentation
Q1 FY2021 Earnings Presentation 21 July 2020 1
Slide 2: Financial Performance
Q1 FY2021 Financial Performance 2
Slide 3: Key Highlights
Key Highlights Top-line (Revenue) Operating (EBITDA) Profitability (PAT) Q1 FY21: 9,766 mn Q1 FY21: 563 mn Q1 FY21: 1,176 mn -50% Y-o-Y -75% Y-o-Y -13% Y-o-Y -54% Q-o-Q -81% Q-o-Q -45% Q-o-Q Notes: (1) Numbers on consolidated basis (2) Revenue: Revenue from operations (3) PAT: Profit After Tax on re
Slide 4: Q1 FY20: Severely impacted by outbreak of pandemic
Q1 FY20: Severely impacted by outbreak of pandemic Revenue (INR mn) EBITDA (INR mn) Margin PAT (INR mn) Margin 21,294 11.5% 13.8% 12.0% 5.8% 10.1% 19,513 2,948 6.9% 2,151 2,238 1,353 9,766 1,176 563 -50% YoY -54% QoQ -75% YoY -81% QoQ -13% YoY -45% QoQ Q1 FY20 Q4 FY20 Q1 FY21 Q1 FY20 Q4 FY20 Q1 FY21
Slide 5: Wires and Cables
Wires and Cables • Total income in Q1 FY21 declined by 51% YoY due to Q1 FY21 severe impact of COVID-19 outbreak. Revenue (INR mn) EBIT (INR mn) Margin • Domestic sales were hampered by nationwide lockdown. 18,434 15.2% Domestic distribution channel sales were half of last year 16,104 11.6% 2,810 3.
Slide 6: Fast Moving Electrical Goods and Others
Fast Moving Electrical Goods Q1 FY21 • Total income in Q1 FY21 declined by 43%. FMEG Revenue (INR mn) EBIT (INR mn) Margin contribution to overall sales increased 177bp YoY to 14% in Q1 FY21. June was close to flattish however there 2,401 3.7% 0.1% maybe an element of pent up demand. Overall trade -
Slide 7: Polycab India Limited | Q1 FY21 Earnings Presentation
Polycab India Limited | Q1 FY21 Earnings Presentation 7
Slide 8: Financial Statements
Financial Statements Scan for Financial Results Download Link Scan for Interim Financial Statements Download Link
Slide 9: Consolidated Profit and Loss Statement
Consolidated Profit and Loss Statement Quarter Particulars (INR mn) Q1FY21 % Q4FY20 % Q1FY20 % Revenue from Operation 9,766 100.0% 21,294 100.0% 19,513 100.0% Cost of Goods sold 7,097 72.7% 14,769 69.4% 14,278 73.2% Contribution (A) 2,669 27.3% 6,525 30.6% 5,235 26.8% Employee cost 812 8.3% 899 4.2%
Slide 10: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (INR mn) Jun'20 Mar'20 Jun'19 Particulars (INR mn) Jun'20 Mar'20 Jun'19 Assets Equity and Liabilities Non-current Assets Shareholder’s Funds Fixed Assets 19,160 16,632 15,562 Share Capital 1,489 1,489 1,486 Other Non-current Assets 2,458 2,485 2,536 Reserves an
Slide 11: Consolidated Cash Flow Statement and Other data points
Consolidated Cash Flow Statement Quarter Particulars (INR mn) Q1FY21 Q4FY20 Q1FY20 Net Cash Flow from Operating Activities 3,042 -2,980 3,663 Net cash flow from/(used in) investing activities -3,165 5,333 -5,762 Net cash flow from/(used in) financing activities 615 -1,195 2,801 Net Increase / (Decre
Slide 12: Other financial metrics
Other financial metrics Trailing twelve months Closing Working Capital in days Q1FY21 FY20 FY19 Q1FY21 FY20 FY19 Receivable Days 54 57 60 56 59 61 Inventory days 124 112 103 129 110 122 Payable Days 129 122 110 107 105 148 Net Working Capital 49 48 53 78 64 35 Other Income (INR mn) Q1FY21 Q4FY20 Q1F
Slide 13: Shareholding Pattern
Shareholding Pattern Promoters 68.6% Others 14.6% International Finance Corporation 9.5% Foreign Portfolio Investors 4.5% Domestic Mutual Funds 2.8% Notes: As on 30 June 2020. Promoter holding dilution in % terms is on account of issuance of new shares under ESOP scheme. Notes: As on September 30th
Slide 14: Safe Harbour
Safe Harbour This Release / Communication, except for the historical information, may contain statements, including the words or phrases such as ‘expects, anticipates, intends, will, would, undertakes, aims, estimates, contemplates, seeks to, objective, goal, projects, should’ and similar expression
Slide 15: Thank you
Thank you Polycab India Limited CIN: L31300GJ1996PLC114183 Contact us For investor relations: investor.relations@polycab.com For queries on shares & investor grievance: shares@polycab.com Website: www.polycab.com Polycab India Limited | Q1 FY21 Earnings Presentation 15