Slide 1: Q3 FY24 Presentation
Q3 FY24 Presentation 18 January 2024 Polycab India Limited | Q3 FY24 Earnings Presentation 1
Slide 2: Q3 FY24 Financial Performance
Q3 FY24 Financial Performance Polycab India Limited | Q3 FY24 Earnings Presentation 2
Slide 3: Key Highlights
Key Highlights Top-line Operating Profitability Top-line (Revenue) Operating (EBITDA) Profitability Profitability (PAT) (Revenue) (EBITDA) (PAT) (PAT) Q3 FY24: 43,405 Mn Q3 FY24: 5,695 Mn Q3 FY24: 4,165 Mn 17% YoY 13% YoY 15% YoY 3% QoQ -6% QoQ -3% QoQ 9M FY24: 1,24,475 Mn 9M FY24: 17,303 Mn 9M FY24
Slide 4: Highest Ever Quarterly & 9M Revenue
Highest Ever Quarterly & 9M Revenue Revenue (₹ Mn) EBITDA (₹ Mn) PAT (₹ Mn) 1,24,475 14.4% 9.7% 10.2% 9.6% 8.7% 10.0% 13.5% 13.1% 13.9% 97,841 12.7% 17,303 12,494 12,397 8,544 42,177 43,405 37,152 5,030 6,089 5,695 4,298 4,165 3,611 17% YoY 3% QoQ 27% YoY 13% YoY -6% QoQ 40% YoY 15% YoY -3% QoQ 46%
Slide 5: Wires & Cables
Wires & Cables Polycab India Limited | Q3 FY24 Earnings Presentation 5
Slide 6: Robust Growth Momentum Sustained
Robust Growth Momentum Sustained Revenue (₹ Mn) EBIT (₹ Mn) Margin 1,11,004 13.8% 14.7% 14.0% 14.5% 86,022 12.5% 16,069 19, 000 25. 0% 23. 0% 17, 000 21. 0% 15, 000 19. 0% 13, 000 10,719 17. 0% 38,730 15. 0% 37,401 11, 000 32,878 13. 0% 9, 000 7, 000 4,528 5,480 5,436 11. 0% 9. 0% 7. 0% 5, 000 5. 0%
Slide 7: FMEG
FMEG Polycab India Limited | Q3 FY24 Earnings Presentation 7
Slide 8: Higher A&P Spends Subdues Profitability
Higher A&P Spends Subdues Profitability Revenue (₹ Mn) EBIT (₹ Mn) Margin 9,483 9,292 0.1% -0.7% -1.8% -5.2% -12.7% 9 -25 -60 3,399 3,280 2,883 -365 -15% YoY -12% QoQ -2% YoY -481 Q3 FY23 Q2 FY24 Q3 FY24 9M FY23 9M FY24 Q3 FY23 Q2 FY24 Q3 FY24 9M FY23 9M FY24 ▪ FMEG business exhibited de-growth of 1
Slide 9: Others
Others Polycab India Limited | Q3 FY24 Earnings Presentation 9
Slide 10: Other Segments
Other Segments Revenue (₹ Mn) EBIT (₹ Mn) Margin 4,967 14.6% 13.1% 11.0% 17.4% 14.3% 709 2,571 2,164 1,608 377 376 994 131 178 118% YoY 35% QoQ 93% YoY 189% YoY 113% QoQ 88% YoY Q3 FY23 Q2 FY24 Q3 FY24 9M FY23 9M FY24 Q3 FY23 Q2 FY24 Q3 FY24 9M FY23 9M FY24 ▪ Other segment largely comprises of our E
Slide 11: Shareholding Pattern
Shareholding Pattern Polycab India Limited | Q3 FY24 Earnings Presentation 11
Slide 12: Shareholding Pattern
Shareholding Pattern 13.2% 15.3% Promoters FII 2.8% DII 66.5% 65.8% QIB + AIF 8.1% Others 7.3% Note: As on 31st December 2023. DII (Domestic Institutional Investors) includes “Mutual Funds”. FII (Foreign Institutional Investors) includes "Foreign Portfolio - Corp" and "Foreign Corporate Bodies". QIB
Slide 13: Financial Statements
Financial Statements Polycab India Limited | Q3 FY24 Earnings Presentation 13
Slide 14: Consolidated Profit and Loss Statement
Consolidated Profit and Loss Statement Quarter Year To Date Particulars (₹ Mn) Q3 FY24 % Q2 FY24 % Q3 FY23 % 9M FY24 % 9M FY23 % Revenue from Operations 43,405 100.0% 42,177 100.0% 37,152 100.0% 1,24,475 100.0% 97,841 100.0% Cost of Goods sold 31,692 73.0% 30,739 72.9% 27,603 74.3% 91,011 73.1% 72,7
Slide 15: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (₹ Mn) Dec-23 Sep-23 Dec-22 Particulars (₹ Mn) Dec-23 Sep-23 Dec-22 Assets Equity and Liabilities Non-current Assets Shareholder’s Funds Fixed Assets 26,656 24,730 21,951 Share Capital 1,502 1,500 1,497 Non-current Deposits 91 31 7 Reserves and Surplus 74,720 7
Slide 16: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement Quarter Year To Date Particulars (₹ Mn) Q3 FY24 Q2 FY24 Q3 FY23 9M FY24 9M FY23 Net Cash Flow from Operating Activities 4,948 7,010 3,500 7,877 13,076 Net cash flow from/ (used in) investing activities -4,593 -5,200 -3,357 -2,970 -11,081 Net cash flow from/ (used in)
Slide 17: Other Financial Metrics
Other Financial Metrics Average Closing Working Capital Days Q3 FY24 Q2 FY24 Q1 FY24 FY23 FY22 Q3 FY24 Q2 FY24 Q1 FY24 FY23 FY22 Receivable Days 27 26 26 33 41 33 30 31 32 39 Inventory Days 94 89 98 89 81 112 105 113 102 85 Payable Days* 70 65 55 71 67 85 70 70 85 63 Net Working Capital 51 50 69 51
Slide 18: 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 ₹ million statements, including the words or phrases such as ‘expects, anticipates, intends, 2. Revenue: Revenue from operations will, would,
Slide 19: Thank You
THANK YOU Scan for Condensed Scan for Financial Results Financial Statements Polycab India Limited Contact us For investor relations: investor.relations@polycab.com For queries on shares & investor Download Link Download Link grievance: shares@polycab.com Polycab India Limited | Q3 FY24 Earnings Pre