InvestorQ : What is your quick take on the quarterly numbers of Polycab India for Q4?
Neelam Naik made post

What is your quick take on the quarterly numbers of Polycab India for Q4?

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Anu Biswas answered.
2 weeks ago
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Electrical goods manufacturer Polycab India reported 34.9% growth in sales for Q4FY22 at Rs3,970 crore. FY22 revenues were up 38.8% at Rs12,204 crore for the full year. Its dominant business division of wires and cables grew sales by 39.8% in the quarter while the sales growth of the fast moving electrical goods (FMEG) was subdued at 9.22%. Net cash from operations for FY22 fell -59% due to higher inventory spike.

Polycab India

Rs in Crore

Mar-22

Mar-21

YOY

Dec-21

QOQ

Total Income (Rs cr)

₹ 3,969.98

₹ 2,942.74

34.91%

₹ 3,372.00

17.73%

Net Profit (Rs cr)

₹ 322.15

₹ 269.31

19.62%

₹ 246.72

30.57%

Diluted EPS (Rs)

₹ 21.48

₹ 17.99

₹ 16.50

Net Margins

8.11%

9.15%

7.32%

  

Coming to the bottom line, the net profit for Q4FY22 was up 19.6% at Rs322.15 crore. This was largely driven by an increase in operating profit from cables and wires business even as the EBIT from FMEG business dipped more than 50% yoy. Net profit margins were at 8.11% in Q4FY22 quarter compared to 9.15% in Q4FY21 and 7.32% in Q3FY22.

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