Broker's Call: Polycab India (Buy)
Anand Rathi Research21-07-2022
Polycab India Ltd - 542652 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Allotment of 12,200 Equity Shares pursuant to Employee Stock Option Scheme of the Company vide Financial Operation Committee meeting held on 21st July 202221-07-2022
Results Earnings Call for Q1FY23 of Polycab India
Conference Call with Polycab India Management and Analysts on Q1FY23 Performance and Outlook. Listen to the full earnings transcript.20-07-2022
Polycab India Ltd - 542652 - Submission Of Audio Recording Of Earnings Conference Call
In accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please be informed that the Company had hosted an earnings conference call with investors and analysts on July 20,2022 wherein the Senior Management of the Company discussed the performance for the quarter ended June 30, 2022 followed by an interactive question and answer session. In this regard, the audio recording of the said earnings conference call has been uploaded on Company's website and can be accessed at the weblink https://polycab.com/wp-content/uploads/2021/07/POL0220220720142067-1.mp320-07-2022
Polycab India Q1 net profit surges three-fold to Rs 222 cr; revenue up 47%
Profitability was supported by better operating leverage and various strategic initiatives implemented over past few quarters, Polycab India chairman and managing director Inder T Jaisinghani noted.19-07-2022
Polycab India Ltd - 542652 - Unaudited Interim Condensed (Standalone And Consolidated) Financial Statements For The Quarter Ended 30Th June 2022
With reference to the captioned subject, please find enclosed herewith the Unaudited Interim Condensed (Standalone and Consolidated) Financial Statements of the Company, along with Limited Review Reports for the quarter ended 30th June 2022 as approved by the Board of Directors at its Meeting held today i.e.19th July 2022.19-07-2022
Polycab India Ltd - 542652 - Corporate Presentation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
In accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Corporate presentation on the Unaudited (Standalone and Consolidated) Financial Results of the Company for the quarter ended 30th June 2022.19-07-2022
Polycab India Ltd - 542652 - Announcement under Regulation 30 (LODR)-Investor Presentation
In accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Earnings Call presentation on the Unaudited (Standalone and Consolidated) Financial Results of the Company for the quarter ended 30th June 2022.19-07-2022
Q1FY23 Quarterly Result Announced for Polycab India Ltd.
Polycab India Announced Q1FY23 Result : Q1FY23 Revenue at Rs. 27,366 mn; up 48% YoY Q1FY23 EBITDA at Rs. 3,098 mn; up 135% YoY Q1FY23 PAT at Rs. 2,225 mn; up 202% YoY Revenue grew by 48% YoY with broad based growth across segments and markets. EBITDA margin improved by 420 bps YoY to 11.3% led by calibrated price hikes and better operating leverage. PAT was up 202% YoY and PAT margin improved to 8.1%. Wires & Cables business saw a strong growth of 48% YoY. While domestic distribution driven business sustained its strong growth momentum, institutional business improved its performance compared to same quarter last year. Export contributed 6.7% to consolidated revenue & posted healthy revenue growth of 62% YoY. Distribution expansion continued with greater thrust on digital marketing campaigns. Innovation driven product development remains a key focus area. FMEG business grew by 59% YoY to Rs 3,052 Mn. Lighting, switchgears and pump continued their strong growth momentum, while Fans, Conduit Pipes and Solar business posted healthy growth. However, switches saw a decline due to supply challenges. The company made significant progress in its flagship transformation program - Project Leap. Several initiatives were undertaken including set up right organization enablers, improve Customer centricity, augment Go -To - Market and re-energize Product portfolio. We remain committed to achieving Rs 200 Bn sales by FY 2026 and make Polycab a future ready organization. Commenting on the performance, Mr. Inder T. Jaisinghani, Chairman and Managing Director, Polycab India Limited, said: “We have started the fiscal year 2023 on solid footing, with top line growth of 48% fuelled by strong performance across B2B and B2C categories. Furthermore, we recorded the highest 1st quarter top-line in the history of the company which underlines our strategy to be agile, focus on robust execution and consistently deliver the best quality of products to our customers. Profitability was supported by better operating leverage and various strategic initiatives implemented over the past few quarters. We will strive to continue the path of profitable and sustainable growth and contribute to the success of all our stakeholders.” Result PDF19-07-2022
Polycab India Ltd - 542652 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release on the Unaudited Financial Results of the Company under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI (LODR) Regulations, 2015')19-07-2022