Polycab India Ltd. · NSE:POLYCAB
Polycab India — Q1 FY2023 Earnings Presentation
15 slides from Polycab India's earnings presentation, Jul 19, 2022
Slide 1: Q1 FY2023 Presentation
Evolving through excellence Transforming with focus Q1 FY2023 Presentation 19 July 2022
Slide 2: Q1 FY2023 Financial Performance
Q1 FY2023 Financial Performance 2
Slide 3: Key Highlights
Key Highlights Top-line (Revenue) Operating (EBITDA) Profitability (PAT) Q1FY23: 27,366 mn Q1FY23: 3,098 mn Q1FY23: 2,225 mn 48% YoY 135% YoY 202% YoY -31% QoQ -35% QoQ -32% QoQ Mobile App Polycab India Limited | Q1 FY23 Earnings Presentation 3
Slide 4: Q1 FY23: Strong growth trajectory
Q1 FY23: Strong growth trajectory Revenue (INR mn) EBITDA (INR mn) Margin PAT (INR mn) Margin 12.0% 11.3% 39,700 7.1% 8.2% 8.1% 4,760 4.0% 3,253 27,366 3,098 2,225 18,552 1,321 737 48% YoY -31% QoQ 135% YoY -35% QoQ 202% YoY -32% QoQ Q1FY22 Q4FY22 Q1FY23 Q1FY22 Q4FY22 Q1FY23 Q1FY22 Q4FY22 Q1FY23 ▪ R
Slide 5: Wires and Cables
Wires and Cables ▪ Wires & Cables business saw a strong growth of Q1FY23 48% YoY. The growth was broadly uniform across Revenue (INR mn) EBIT (INR mn) Margin cables and wires. While domestic distribution driven business sustained its strong growth 35,110 11.6% 11.5% 6.4% momentum, institutional busi
Slide 6: Fast Moving Electrical Goods
Fast Moving Electrical Goods ▪ FMEG business grew by 59% YoY to Rs 3,052 mn. Q1FY23 While lighting, switchgears and pump continued Revenue (INR mn) EBIT (INR mn) Margin their strong growth momentum, Fans, Conduit Pipes and Solar business posted healthy growth. 3,792 However, switches saw a decline d
Slide 7: Other
Other ▪ Other segment which largely comprises of our EPC Q1FY23 business witnessed a 31% YoY increase in revenue Revenue (INR mn) EBIT (INR mn) Margin to Rs. 751 Mn. 14.7% ▪ Segmental EBIT was 62% higher on YoY basis but 827 751 11.3% 14.0% down by 14% QoQ. Margin stood at 14%, up by 270 122 575 105
Slide 8: Financial Statements
Financial Statements Scan for Financial Results Scan for Condensed Financial Statements 8
Slide 9: Consolidated Profit and Loss Statement
Consolidated Profit and Loss Statement Quarter Particulars (INR mn) Q1FY23 % Q4FY22 % Q1FY22 % Revenue from Operations 27,366 100.0% 39,700 100.0% 18,552 100.0% Cost of Goods sold 20,524 75.0% 30,892 77.8% 14,196 76.5% Contribution (A) 6,842 25.0% 8,808 22.2% 4,356 23.5% Employee cost 1,101 4.0% 1,0
Slide 10: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (INR mn) Jun-22 Mar-22 Jun-21 Particulars (INR mn) Jun-22 Mar-22 Jun-21 Assets Equity and Liabilities Non-current Assets Shareholder’s Funds Fixed Assets 20,716 20,506 20,082 Share Capital 1,496 1,494 1,492 Non-current Deposits 7 126 580 Reserves and Surplus 54
Slide 11: Consolidated Condensed Cash Flow Statement; Other key data points
Consolidated Condensed Cash Flow Statement Quarter Particulars (INR mn) Q1FY23 Q4FY22 Q1FY22 Net Cash Flow from Operating Activities -2,053 7,027 -1,584 Net cash flow from/(used in) investing activities 3,541 -6,440 -802 Net cash flow from/(used in) financing activities -2,095 -123 748 Net Increase
Slide 12: Other financial metrics
Other financial metrics Average Closing Working Capital in days Q1FY23 FY22 FY21 Q1FY23 FY22 FY21 Receivable Days 25 41 59 25 39 59 Inventory days 94 81 108 93 85 110 Payable Days 56 67 102 45 63 102 Net Working Capital 63 54 65 73 61 67 Other Income (INR mn) Q1FY23 Q4FY22 Q1FY22 Interest income 59
Slide 13: Shareholding Pattern
Shareholding Pattern Note: As on 30st June 2022. 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 Fund
Slide 14: 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 15: 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