Slide 1: Q2 FY2021 Earnings Presentation
Q2 FY2021 Earnings Presentation 24 October 2020 1
Slide 2: Financial Performance
Q2 FY2021 Financial Performance 2
Slide 3: Key Highlights
Key Highlights Top-line (Revenue) Operating (EBITDA) Profitability (PAT) Net Cash Position Q2 FY21: 21,137 mn Q2 FY21: 3,122 mn Q2 FY21: 2,216 mn Q2 FY21: 6,276 mn -6% Y-o-Y 16% Y-o-Y 14% Y-o-Y 82% Y-o-Y 116% Q-o-Q 454% Q-o-Q 88% Q-o-Q 205% Q-o-Q 1H FY21: 30,903 mn 1H FY21: 3,685 mn 1H FY21: 3,391 m
Slide 4: Q2 FY21: Rebounding business with improved profitability
Q2 FY21: Rebounding business with improved profitability Revenue (INR mn) EBITDA (INR mn) Margin PAT (INR mn) Margin 12.0% 14.8% 22,419 12.0% 21,137 5.8% 3,122 10.5% 8.6% 2,701 2,216 1,938 9,766 1,176 563 -6% YoY 116% QoQ 16% YoY 454% QoQ 14% YoY 88% QoQ Q2 FY20 Q1 FY21 Q2 FY21 Q2 FY20 Q1 FY21 Q2 FY
Slide 5: 1H FY21: Reflects the severe impact of pandemic on first quarter
1H FY21: Reflects the severe impact of pandemic on first quarter Revenue (INR mn) EBITDA (INR mn) Margin PAT (INR mn) Margin 41,933 11.9% 11.0% 11.8% 7.8% 30,903 4,939 3,291 3,391 3,685 -26% YoY -25% YoY 3% YoY 1H FY20 1H FY21 1H FY20 1H FY21 1H FY20 1H FY21 • Revenue declined by 26% YoY largely ref
Slide 6: Wires and Cables
Wires and Cables Q2 FY21 • Wires and Cables busines saw improving momentum Revenue (INR mn) EBIT (INR mn) Margin with resumption of economic activities. While total 18,811 17,408 14.6% income in Q2 declined by 7% YoY, demand trends are 10.7% encouraging and bodes well going ahead. B2C and 3.1% 2,534
Slide 7: Fast Moving Electrical Goods
Fast Moving Electrical Goods Q2 FY21 • FMEG saw a strong bounce back with total income Revenue (INR mn) EBIT (INR mn) Margin growing by 25% YoY in Q2 led by pricing, better product mix, distribution augmentation and reviving 2,440 3.3% 8.0% consumer demand. 1,956 -4.0% • Resilient growth across most
Slide 8: Others
Others Q2 FY21 • Other segment which largely comprises of our EPC Revenue (INR mn) EBIT (INR mn) Margin business was down on account of a stronger base. 15.8% 1,638 14.1% 14.4% • Total income and segmental EBIT in Q2FY21 declined by 231 65% YoY and 60% YoY, respectively. • Annual sustainable operati
Slide 9: Digital BLDC Energy Saver Fans
Digital BLDC Energy Saver Fans
Slide 10: Financial Statements
Financial Statements Scan for Financial Results Download Link Scan for Interim Financial Statements Download Link
Slide 11: Consolidated Profit and Loss Statement
Consolidated Profit and Loss Statement Quarter Half Year Particulars (INR mn) Q2FY21 % Q1FY21 % Q2FY20 % 1H FY21 % 1H FY20 % Revenue from Operation 21,137 100.0% 9,766 100.0% 22,419 100.0% 30,903 100.0% 41,933 100.0% Cost of Goods sold 15,128 71.6% 7,097 72.7% 16,449 73.4% 22,225 71.9% 30,727 73.3%
Slide 12: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (INR mn) Sep'20 Jun'20 Sep'19 Particulars (INR mn) Sep'20 Jun'20 Sep'19 Assets Equity and Liabilities Non-current Assets Shareholder’s Funds Fixed Assets 19,275 19,160 15,871 Share Capital 1,490 1,489 1,486 Other Non-current Assets 2,219 2,458 2,595 Reserves an
Slide 13: Consolidated Condensed Cash Flow Statement; Other key data points
Consolidated Condensed Cash Flow Statement Quarter Half Year Particulars (INR mn) Q2FY21 Q1FY21 Q2FY20 1H FY21 1H FY20 Net Cash Flow from Operating Activities 4,708 3,042 -1,278 7,750 2,385 Net cash flow from/(used in) investing activities -2,876 -3,165 1,469 -6,040 -4,294 Net cash flow from/(used i
Slide 14: Other financial metrics
Other financial metrics Trailing twelve months Closing Working Capital in days Q2FY21 Q1FY21 FY20 Q2FY21 Q1FY21 FY20 Receivable Days 52 55 57 51 56 59 Inventory days 130 124 112 135 129 110 Payable Days 123 129 122 119 107 105 Net Working Capital 60 50 48 68 78 64 Other Income (INR mn) Q2FY21 Q1FY21
Slide 15: Shareholding Pattern
Shareholding Pattern Promoters 68.5% Others 13.8% International Finance Corporation 9.5% Foreign Portfolio Investors 6.1% Domestic Mutual Funds 2.1% Notes: As on 30 September 2020. Promoter holding dilution in % terms is on account of issuance of new shares under ESOP scheme. Notes: As on September
Slide 16: 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 17: 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 | Q2 & 1H FY21 Earnings Presentation 17