Slide 1: Exchange filing cover letter for earnings presentation
Date: 18th July 2024 To To Department of Corporate Services Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, C-1, G-Block, Bandra-Kurla Complex Dalal Street, Mumbai, MH - 400001 Bandra (E), Mumbai, MH - 400051 Scrip Code: 542652 Scrip Symbol: Polycab
Slide 2: Q1 FY25 Presentation
Q1 FY25 Presentation 18 July 2024
Slide 3: Q1 FY25 Financial Performance
Q1 FY25 Financial Performance Polycab India Limited | Q1 FY25 Earnings Presentation 2
Slide 4: Key Highlights
Key Highlights Top-line Operating Profitability Profitability (PAT) Top-line (Revenue) (Revenue) Operating (EBITDA) (EBITDA) Profitability (PAT) (PAT) Q1 FY25: 46,980 Mn Q1 FY25: 5,834 Mn Q1 FY25: 4,016 Mn 21% YoY 6% YoY -0.4% YoY -16% QoQ -23% QoQ -27% QoQ Mobile App Polycab India Limited | Q1 FY25
Slide 5: Q1 FY25: Business-Mix Change Derails Margins
Q1 FY25: Business-Mix Change Derails Margins Revenue (₹ Mn) EBITDA (₹ Mn) PAT (₹ Mn) 55,919 14.1% 10.4% 9.9% 8.5% 46,980 13.6% 12.4% 38,894 7,615 5,535 5,486 5,834 4,032 4,016 21% YoY -16% QoQ 6% YoY -23% QoQ -0.4% YoY -27% QoQ Q1 FY24 Q4 FY24 Q1 FY25 Q1 FY24 Q4 FY24 Q1 FY25 Q1 FY24 Q4 FY24 Q1 FY25
Slide 6: Wires & Cables
Wires & Cables Polycab India Limited | Q1 FY25 Earnings Presentation 5
Slide 7: Sharp Movements in Commodity Prices Limits Growth
Sharp Movements in Commodity Prices Limits Growth Revenue (₹ Mn) EBIT (₹ Mn) Margin 47,918 14.8% 15.1% 12.6% 38,572 27, 000 25. 0% 34,874 22, 000 23. 0% 21. 0% 19. 0% 17. 0% 17, 000 15. 0% 13. 0% 7,231 12, 000 11. 0% 7, 000 5,153 4,861 9. 0% 7. 0% -6% YoY -33% QoQ 5. 0% 11% YoY -20% QoQ 2, 000 3. 0%
Slide 8: FMEG
FMEG Polycab India Limited | Q1 FY25 Earnings Presentation 7
Slide 9: Sustained Growth Momentum in a Seasonally Strong Quarter
Sustained Growth Momentum in a Seasonally Strong Quarter Revenue (₹ Mn) EBIT (₹ Mn) Margin 3,794 3,536 -1.8% 3,130 -12.9% -0.7% -27 -56 -458 21% YoY 7% QoQ Q1 FY24 Q4 FY24 Q1 FY25 Q1 FY24 Q4 FY24 Q1 FY25 ▪ FMEG business registered a growth of 21% YoY, on the back of robust demand for fans amid heatw
Slide 10: Others
Others Polycab India Limited | Q1 FY25 Earnings Presentation 9
Slide 11: Other Segments
Other Segments Revenue (₹ Mn) EBIT (₹ Mn) Margin 4,815 12.5% 4,676 11.0% 8.5% 530 396 1,227 154 292% YoY 3% QoQ 244% YoY 34% QoQ Q1 FY24 Q4 FY24 Q1 FY25 Q1 FY24 Q4 FY24 Q1 FY25 ▪ Other segment largely comprises of our EPC business ▪ Total income for Q1FY25 at ₹ 4,815 Mn grew by 292% YoY and 3% QoQ,
Slide 12: Shareholding Pattern
Shareholding Pattern Polycab India Limited | Q1 FY25 Earnings Presentation 11
Slide 13: Shareholding Pattern
Shareholding Pattern 14% 2% Promoter 5% FII DII QIB + AIF 14% Others 65% Note: As on 30th June 2024. DII (Domestic Institutional Investors) includes “Mutual Funds”. FII (Foreign Institutional Investors) includes "Foreign Portfolio - Corp" and "Foreign Corporate Bodies". QIB/ AIF stands for "Qualifie
Slide 14: Financial Statements
Financial Statements Polycab India Limited | Q1 FY25 Earnings Presentation 13
Slide 15: Consolidated Profit and Loss Statement
Consolidated Profit and Loss Statement Quarter Particulars (₹ Mn) Q1 FY25 % Q4 FY24 % Q1 FY24 % Revenue from Operations 46,980 100.0% 55,919 100.0% 38,894 100.0% Cost of Goods sold 35,415 75.4% 41,792 74.7% 28,581 73.5% Contribution (A) 11,565 24.6% 14,127 25.3% 10,313 26.5% Employee Cost 1,539 3.3%
Slide 16: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (₹ Mn) Jun-24 Mar-24 Jun-23 Particulars (₹ Mn) Jun-24 Mar-24 Jun-23 Assets Equity and Liabilities Non-current Assets Shareholder’s Funds Fixed Assets 31,431 29,160 23,694 Share Capital 1,503 1,502 1,499 Non-current Deposits 119 58 36 Reserves and Surplus 84,400
Slide 17: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement Quarter Particulars (₹ Mn) Q1 FY25 Q4 FY24 Q1 FY24 Net Cash Flow from Operating Activities -2,175 5,085 -4,080 Net cash flow from/ (used in) investing activities 1,875 -4,549 6,823 Net cash flow from/ (used in) financing activities -341 -308 -2,717 Net Increase / (De
Slide 18: Other Financial Metrics
Other Financial Metrics Average Closing Working Capital Days Q1 FY25 FY24 FY23 FY22 Q1 FY25 FY24 FY23 FY22 Receivable Days 31 33 33 41 38 41 32 39 Inventory Days 102 91 89 81 112 101 102 85 Payable Days* 72 81 71 67 86 94 85 63 Net Working Capital 62 44 51 54 64 48 50 61 * Including Acceptances Othe
Slide 19: 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 20: Thank You
THANK YOU Scan for Scan for Condensed Polycab India Limited Financial Results Financial Statements Contact us For investor relations: investor.relations@polycab.com For queries on shares & investor grievance: shares@polycab.com Download Link Download Link Website: www.polycab.com Polycab India Limit