Slide 1: Q2 FY24 Presentation
Q2 FY24 Presentation 18 October 2023 Polycab India Limited | Q2 FY24 Earnings Presentation 1
Slide 2: Q2 FY24 Financial Performance
Q2 FY24 Financial Performance Polycab India Limited | Q2 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) Q2 FY24: 42,177 Mn Q2 FY24: 6,089 Mn Q2 FY24: 4,298 Mn 27% YoY 43% YoY 59% YoY 8% QoQ 11% QoQ 7% QoQ H1 FY24: 81,071 Mn H1 FY24: 11,575 Mn H1 FY24: 8
Slide 4: Highest Ever Quarterly & Half Yearly PAT
Highest Ever Quarterly & Half Yearly PAT Revenue (₹ Mn) EBITDA (₹ Mn) PAT (₹ Mn) 81,071 14.1% 14.4% 14.3% 10.4% 10.2% 10.3% 12.8% 8.1% 8.1% 60,689 12.1% 11,575 8,329 38,894 42,177 33,324 7,367 4,933 5,486 6,089 4,032 4,298 4,268 2,706 27% YoY 8% QoQ 34% YoY 43% YoY 11% QoQ 57% YoY 59% YoY 7% QoQ 69%
Slide 5: Wires & Cables
Wires & Cables Polycab India Limited | Q2 FY24 Earnings Presentation 5
Slide 6: Robust Growth Momentum Sustained
Robust Growth Momentum Sustained Revenue (₹ Mn) EBIT (₹ Mn) Margin 72,274 14.8% 14.7% 14.7% 53,144 12, 000 11.7% 11.6% 10,633 25. 0% 23. 0% 21. 0% 10, 000 37,401 19. 0% 34,874 17. 0% 6,190 8, 000 29,259 5,153 5,480 15. 0% 13. 0% 6, 000 11. 0% 4, 000 3,435 9. 0% 7. 0% 5. 0% 60% YoY 72% YoY 2, 000 28%
Slide 7: FMEG
FMEG Polycab India Limited | Q2 FY24 Earnings Presentation 7
Slide 8: Benefits of Product-Mix Shift Playing Out
Benefits of Product-Mix Shift Playing Out Revenue (₹ Mn) EBIT (₹ Mn) Margin 6,409 0.6% 6,084 -0.9% -1.8% -1.8% -1.8% 34 3,032 3,130 3,280 -28 -56 -60 8% YoY 5% QoQ 5% YoY -116 Q2 FY23 Q1 FY24 Q2 FY24 H1 FY23 H1 FY24 Q2 FY23 Q1 FY24 Q2 FY24 H1 FY23 H1 FY24 ▪ FMEG business exhibited marginal growth of
Slide 9: Others
Others Polycab India Limited | Q2 FY24 Earnings Presentation 9
Slide 10: Other Segments
Other Segments Revenue (₹ Mn) EBIT (₹ Mn) Margin 2,835 17.0% 15.6% 12.5% 11.7% 11.0% 1,608 1,577 331 1,227 246 826 154 178 141 95% YoY 31% QoQ 80% YoY 26% YoY 15% QoQ 35% YoY Q2 FY23 Q1 FY24 Q2 FY24 H1 FY23 H1 FY24 Q2 FY23 Q1 FY24 Q2 FY24 H1 FY23 H1 FY24 ▪ Other segment largely comprises of our EPC
Slide 11: Brand Refresh
Brand Refresh Polycab India Limited | Q2 FY24 Earnings Presentation 11
Slide 12: Brand Refresh
Brand Refresh Our brand refresh underscores our commitment to innovation, technology, safety, and sustainability, symbolizing in a brand line shift from 'Connection Zindagi Ka' to 'Ideas. Connected.' Old Logo New Logo INOVO symbol Idea behind the Polycab INOVO Symbol TV Commercial Red - Leadership i
Slide 13: Shareholding Pattern
Shareholding Pattern Polycab India Limited | Q2 FY24 Earnings Presentation 13
Slide 14: Shareholding Pattern
Shareholding Pattern 13.6% 15.3% Promoters FII 2.8% DII 66.5% 65.9% QIB + AIF 8.1% Others 7.3% Note: As on 30th September 2023. DII (Domestic Institutional Investors) includes “Mutual Funds”. FII (Foreign Institutional Investors) includes "Foreign Portfolio - Corp" and "Foreign Corporate Bodies". QI
Slide 15: Financial Statements
Financial Statements Polycab India Limited | Q2 FY24 Earnings Presentation 15
Slide 16: Consolidated Profit and Loss Statement
Consolidated Profit and Loss Statement Quarter Year To Date Particulars (₹ Mn) Q2 FY24 % Q1 FY24 % Q2 FY23 % H1 FY24 % H1 FY23 % Revenue from Operations 42,177 100.0% 38,894 100.0% 33,324 100.0% 81,071 100.0% 60,689 100.0% Cost of Goods sold 30,739 72.9% 28,581 73.5% 24,625 73.9% 59,319 73.2% 45,148
Slide 17: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (₹ Mn) Sep-23 Jun-23 Sep-22 Particulars (₹ Mn) Sep-23 Jun-23 Sep-22 Assets Equity and Liabilities Non-current Assets Shareholder’s Funds Fixed Assets 24,730 23,694 21,151 Share Capital 1,500 1,499 1,497 Non-current Deposits 31 36 7 Reserves and Surplus 70,451 6
Slide 18: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement Quarter Year To Date Particulars (₹ Mn) Q2 FY24 Q1 FY24 Q2 FY23 H1 FY24 H1 FY23 Net Cash Flow from Operating Activities 7,010 -4,080 11,628 2,930 9,576 Net cash flow from/ (used in) investing activities -5,200 6,823 -11,265 1,623 -7,723 Net cash flow from/ (used in)
Slide 19: Other Financial Metrics
Other Financial Metrics Average Closing Working Capital Days Q2 FY24 Q1 FY24 FY23 FY22 Q2 FY24 Q1 FY24 FY23 FY22 Receivable Days 26 26 33 41 30 31 32 39 Inventory Days 89 98 89 81 105 113 102 85 Payable Days 65 55 71 67 70 70 85 63 Net Working Capital 50 69 51 54 65 74 50 61 Other Income (₹ Mn) Q2 F
Slide 20: 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 21: 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 | Q2 FY24 Earnings Pre