FY24 has been a remarkable period for the Company, characterized by significant achievements and milestones that underscore our unwavering commitment to excellence. The Company's revenues soared past ₹180 billion and profitability surpassed ₹18 billion, marking all-time highs in our history. This remarkable achievement is a testament to our strategic foresight and robust operational capabilities enabling us to anticipate and meet the burgeoning demand for our products. Looking ahead, we are strategically focused on expanding our B2B and B2C businesses, improving operational excellence as well as fostering a culture of professional excellence. These initiatives will enable us to capitalize on the growing opportunities in both the Indian and global markets
Financial & Corporate Information
Financials (INR mn) | Q2FY25 | Q1FY25 | Q4FY24 | Q3FY24 | Q2FY24 | Q1FY24 | Q4FY23 | Q3FY23 | Q2FY23 | Q1FY23 | Q4FY22 | Q3FY22 | Q2FY22 | Q1FY22 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Sales | 54,984 | 46,980 | 55,919 | 43,405 | 42,177 | 38,894 | 43,237 | 37,152 | 33,324 | 27,366 | 39,700 | 33,720 | 30,066 | 18,552 |
EBITDA | 6,316 | 5,834 | 7,615 | 5,695 | 6,089 | 5,486 | 6,032 | 5,030 | 4,268 | 3,098 | 4,760 | 3,620 | 2,927 | 1,321 |
EBIT | 5,595 | 5,163 | 6,958 | 5,076 | 5,486 | 4,914 | 5,497 | 4,506 | 3,745 | 2,588 | 4,257 | 3,108 | 2,418 | 828 |
PBT | 5,903 | 5,334 | 7,253 | 5,464 | 5,572 | 5,305 | 5,731 | 4,810 | 3,585 | 2,947 | 4,300 | 3,247 | 2,642 | 970 |
PAT | 4,452 | 4,016 | 5,535 | 4,165 | 4,298 | 4,032 | 4,287 | 3,611 | 2,706 | 2,227 | 3,253 | 2,484 | 1,978 | 737 |
Net Fixed Assets | 33,607 | 31,431 | 29,160 | 26,656 | 24,730 | 23,694 | 23,177 | 21,951 | 21,151 | 20,716 | 20,506 | 18,032 | 20,320 | 20,082 |
Net Working Capital | 50,782 | 53,042 | 51,361 | 47,756 | 46,000 | 43,021 | 42,883 | 39,691 | 36,690 | 34,084 | 33,998 | 31,090 | 26,435 | 27,678 |
Shareholders Networth | 85,940 | 85,903 | 81,871 | 76,222 | 71,951 | 67,262 | 66,372 | 62,098 | 58,332 | 55,550 | 55,437 | 52,160 | 48,889 | 48,294 |
Debt | 1,103 | 984 | 898 | 932 | 1,592 | 2,186 | 730 | 1,428 | 1,032 | 840 | 831 | 793 | 2,358 | 3,168 |
Financials (INR mn) | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 |
---|---|---|---|---|---|---|---|---|
Net Sales | 180,394 | 141,078 | 122,038 | 87,922 | 88,300 | 79,856 | 67,831 | 55,365 |
EBITDA | 24,918 | 18,429 | 12,626 | 11,117 | 11,276 | 9,504 | 7,418 | 5,177 |
EBIT | 22,467 | 16,337 | 10,611 | 9,356 | 9,667 | 8,090 | 6,089 | 3,899 |
PBT | 23,593 | 17,073 | 11,159 | 10,122 | 10,100 | 7,561 | 5,668 | 3,685 |
PAT | 18,029 | 12,823 | 9,173 | 8,859 | 7,656 | 5,003 | 3,586 | 2,406 |
Net Fixed Assets | 29,159 | 23,177 | 20,506 | 19,686 | 16,632 | 14,686 | 13,331 | 12,933 |
Net Working Capital | 51,360 | 42,822 | 33,998 | 27,581 | 20,408 | 13,052 | 10,715 | 7,772 |
Shareholders Networth | 81,871 | 66,311 | 55,437 | 47,539 | 38,364 | 28,470 | 23,476 | 20,042 |
Debt | 897 | 890 | 831 | 2,487 | 1,571 | 2,724 | 8,003 | 8,557 |
Cash and Bank Balances | 4,023 | 6,952 | 4,071 | 5,313 | 2,813 | 3,166 | 106 | 302 |
Current Investments | 18,224 | 13,505 | 7,641 | 6,231 | 400 | - | - | - |
Performance Ratios | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 |
---|---|---|---|---|---|---|---|---|
EBITDA / Net Sales % | 13.8% | 13.1% | 10.3% | 12.6% | 12.8% | 11.9% | 10.9% | 9.4% |
EBIT / Net Sales % | 12.5% | 11.6% | 8.7% | 10.6% | 10.9% | 10.1% | 9.0% | 7.0% |
PAT / Net Sales % | 10.0% | 9.1% | 7.5% | 10.1% | 8.7% | 6.3% | 5.3% | 4.3% |
Fixed Assets Turnover Ratio | 6.2 | 6.1 | 6.0 | 4.5 | 5.3 | 5.4 | 5.1 | 4.3 |
Asset Turnover | 1.5 | 1.5 | 1.6 | 1.3 | 1.5 | 1.4 | 1.5 | 1.2 |
Debtors Turnover | 10.6 | 11.1 | 8.9 | 6.1 | 6.4 | 6.1 | 5.5 | 4.3 |
Inventory Turnover | 4.0 | 4.1 | 4.5 | 3.3 | 3.2 | 3.5 | 3.6 | 3.4 |
Return on Capital Employed | 29.6% | 25.9% | 20.4% | 20.7% | 26.4% | 27.9% | 21.0% | 15.2% |
Return on Equity | 24.2% | 21.0% | 17.7% | 20.5% | 22.8% | 19.2% | 16.5% | 12.7% |
International Revenue share | 8.0% | 9.8% | 7.6% | 8.5% | 12.4% | 3.1% | 5.3% | 6.3% |
Leverage Ratios | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 |
---|---|---|---|---|---|---|---|---|
Interest Coverage Ratio | 20.7 | 27.3 | 30.2 | 21.9 | 19.5 | 6.9 | 6.5 | 5.9 |
Debt Equity Ratio | 0.01 | 0.01 | 0.01 | 0.05 | 0.04 | 0.10 | 0.34 | 0.43 |
Debt / Total Assets | 0.01 | 0.01 | 0.01 | 0.04 | 0.03 | 0.05 | 0.18 | 0.19 |
Liquidity Ratios | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 |
---|---|---|---|---|---|---|---|---|
Current Ratio | 2.4 | 2.6 | 3.0 | 2.4 | 2.0 | 1.5 | 1.6 | 1.3 |
Quick Ratio | 1.4 | 1.5 | 1.7 | 1.4 | 1.1 | 0.7 | 0.8 | 0.7 |
Activity Ratios | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 |
---|---|---|---|---|---|---|---|---|
Receivable days | 41 | 32 | 39 | 59 | 59 | 61 | 69 | 79 |
Inventory days | 101 | 102 | 85 | 110 | 110 | 122 | 96 | 131 |
Payables days | 94 | 85 | 63 | 102 | 105 | 148 | 82 | 136 |
Net Cash Cycle days | 48 | 50 | 61 | 67 | 64 | 35 | 83 | 74 |
Investor Ratios | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 |
---|---|---|---|---|---|---|---|---|
Earnings Per Share | 118.9 | 84.9 | 60.9 | 59.2 | 51.2 | 35.4 | 25.4 | 17.0 |
Dividend Per Share (Interim + Final)* | 30.0 | 20.0 | 14.0 | 10.0 | 7.0 | 3.0 | 1.0 | 1.0 |
Dividend Payout % (Excluding DDT) | 25.4% | 23.6% | 23.0% | 16.9% | 13.7% | 8.5% | 3.9% | 5.9% |
Price to Earnings Ratio | 42.6 | 33.9 | 38.8 | 23.3 | 14.5 | NA | NA | NA |
Enterprise Value / EBITDA | 30.5 | 23.3 | 28.0 | 18.3 | 9.8 | NA | NA | NA |
Enterprise Value / Net Sales | 4.2 | 3.0 | 2.9 | 2.3 | 1.2 | NA | NA | NA |
Note: Numbers on consolidated basis
Corporate Governance
- Policy for determination of materiality of event or information
- Corporate Governance
- RISK MANAGEMENT POLICY
- DETAILS OF FAMILIARISATION PROGRAMME IMARTED TO INDEPENDENT DIRECTORS DURING FINANCIAL YEAR 2022-23
- POLYCAB CODE OF CONDUCT
- CODE OF CONDUCT TO REGULATE MONITOR AND REPORT TRADING BY ITS DESIGNATED PERSONS AND THEIR IMMEDIATE RELATIVES
- POSTAL BALLOT NOTICE DATED 19.01.2023
- MEMORANDUM AND ARTICLES OF ASSOCIATION
- ANTI BRIBERY POLICY
- CONFLICT OF INTEREST POLICY
- DATA PROTECTION AND PRIVACY POLICY
- EQUAL OPPORTUNITY POLICY
- FRAUD PREVENTION POLICY
- HUMAN RIGHTS POLICY
- SUPPLIER CODE OF CONDUCT
- WHISTLE BLOWER POLICY
- DETAILS OF FAMILIARISATION PROGRAMME IMARTED TO INDEPENDENT DIRECTORS DURING FINANCIAL YEAR 2021-22
- POSH POLICY
- MGT 7 – ANNUAL RETURN-2020-21
- DISCLOSURE UNDER SEBI (SBEB) REGULATIONS-2020-21
- CSR PROJECTS 2021-22
- DETAILS OF CSR SPENT FY 2021-22
- DISCLOSURE UNDER SEBI (SHARE BASED EMPLOYEE BENEFITS AND SWEAT EQUITY) REGULATIONS 2022-23
- CLOSURE OF TRADING WINDOW FOR THE QUARTER ENDED 31ST DECEMBER 2019
- POLYCAB POSTAL BALLOT NOTICE
- POLYCAB POSTAL BALLOT FORM
- POLICY ON PRESERVATION & ARCHIVAL OF DOCUMENTS
- POLICY ON MATERIALITY OF RELATED PARTY TRANSACTIONS AND ON DEALING WITH RELATED PARTY TRANSACTIONS
- POLICY FOR DETERMINING MATERIAL SUBSIDIARIES
- CRITERIA FOR MAKING PAYMENTS TO NON-EXECUTIVE DIRECTORS
- RISK MANAGEMENT POLICY
- CODE OF CONDUCT FOR BOARD OF DIRECTORS AND SENIOR MANAGEMENT PERSONNEL
- POLICY ON DIVERSITY OF BOARD OF DIRECTORS
- NOMINATION & REMUNERATION POLICY
- OHSE POLICY
- QUALITY POLICY
- T&C OF APPOINTMENT OF INDEPENDENT DIRECTORS
- COMMITTEES OF THE BOARD
- CODE OF CONDUCT FOR POLYCAB GROUP OF COMPANIES
- CORPORATE SOCIAL RESPONSIBILITY POLICY
- DETAILS OF FAMILIARISATION PROGRAMME IMPARTED TO INDEPENDENT DIRECTORS DURING FINANCIAL YEAR 2019-20
- DIVIDEND DISTRIBUTION POLICY
- DISCLOSURE UNDER SEBI (SBEB) REGULATIONS
- CODE OF PRACTICES AND PROCEDURES FOR FAIR DISCLOSURE OF UNPUBLISHED PRICE SENSITIVE INFORMATION
- DETAILS OF FAMILIARISATION PROGRAMME IMPARTED TO INDEPENDENT DIRECTORS DURING FINANCIAL YEAR 2020-21
- CSR Standard Operating Procedure
- Quality Policy - Gujarati
- OHSE Policy - Gujarati
Corporate Action
Year | Face Value (Rs.) | Dividend (%) | Dividend (Rs.) | Type | Date of Declaration | Date of Payment | Due Date for Transfer to IEPF |
---|---|---|---|---|---|---|---|
FY23-24 | 10 | 300% | 30 | Final | 16.07.2024 | 16.07.2024 | 21.08.2031 |
FY22-23 | 10 | 200% | 20 | Final | 30.06.2023 | 30.06.2023 | 05.08.2030 |
FY21-22 | 10 | 140% | 14 | Final | 29.06.2022 | 30.06.2022 | 04.08.2029 |
FY20-21 | 10 | 100% | 10 | Final | 21.07.2021 | 26.07.2021 | 26.08.2028 |
FY19-20 | 10 | 70% | 7 | Interim | 03.03.2020 | 31.03.2020 | 09.04.2027 |
FY18-19 | 10 | 30% | 3 | Final | 26.06.2019 | 31.07.2019 | 01.08.2026 |
Investor Contacts
For investor related queries
investor.relations@polycab.comFor shares related query, dividend, transfer, demat, etc.
shares@polycab.comGrievance Redressal
Ms. Manita Carmen A Gonsalves
Company Secretary and Compliance Officer
Tel: +91 22 6735 1400
Email: cs@polycab.com
Smart ODR Online Dispute Resolution (ODR)
Securities and Exchange Board of India (‘SEBI’) vide its Circular No. SEBI/HO/OIAE/OIAE_IAD-1/P/CIR/2023/131 dated July 31, 2023, has announced the introduction of a common Online Dispute Resolution Portal (“ODR Portal”), to streamline the existing dispute resolution mechanism in the Indian securities market by establishing a common Online Dispute Resolution Portal (ODR) which harnesses online conciliation and online arbitration for resolution of disputes.
Disputes between Investors/Clients and Polycab India Limited (Listed Entity), including Kfin Technologies Limited Registrar and Share Transfer Agents (RTAs) will be resolved in accordance with this circular.
- Shareholders are required to first take up their grievance with the RTA/Listed Entity.
- If the grievance is not redressed satisfactorily, the same can be raised through SEBI SCORES Portal.
- After exhausting all aforesaid options, if the dispute remains unresolved, dispute resolution through the ODR Portal can be taken up.
- Clients/Investors/Holders on account of nominations or transmission may also refer any unresolved issue of any service requests / service-related complaints for resolution on the ODR portal.
Follow below steps to resolve dispute through the SMART ODR Portal.
- Register on SMART ODR Portal: Click on “Create Account” to register on the platform.
- File a New Dispute: Click on “File New Dispute” to begin.
- Select Intermediary: Select the “Intermediary” against whom you wish to file dispute.
- Select Category: Select the relevant “Categories” for your dispute.
- Enter Dispute Details: Fill details of the dispute and attach relevant files or documents.
- Track Resolution Progress: Once your dispute is filed, you can track progress under the Dispute Timeline.
Note: The ODR Portal named “SMART ODR” can be accessed through the URL: https://smartodr.in/login.
Authorised KMPs for determining Materiality and for making disclosures to Stock Exchanges
Contact Details of Key Managerial Personnel of the Company authorised under Regulation 30(5) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.
For determining materiality of events/information
Name | Designation | Contact Details |
---|---|---|
Mr. Gandharv Tongia | Executive Director & Chief Financial Officer |
Tel:
+91 22 6735 1400
Email: cs@polycab.com |
Ms. Manita Carmen A Gonsalves | Company Secretary and Compliance Officer |
Tel:
+91 22 6735 1400
Email: cs@polycab.com |
For making disclosures to stock exchanges
Name | Designation | Contact Details |
---|---|---|
Ms. Manita Carmen A Gonsalves | Company Secretary and Compliance Officer |
Tel:
+91 22 6735 1400
Email: cs@polycab.com |
Details of Registrar & Share Transfer Agent of the company
Name | KFIN Technologies Limited |
Address | Selenium Building, Tower-B, Plot No 31 & 32, Financial District, Nanakramguda, Serilingampally, Hyderabad, Rangareddy, Telangana, India – 500 032. |
Email ID | einward.ris@kfintech.com |
Toll Free / Phone Number | 1800 309 4001 |
(91) 910 009 4099 |
KPRISM (Mobile Application) https://kprism.kfintech.com/ |
KFINTECH Corporate Website https://www.kfintech.com |
RTA Website https://ris.kfintech.com |
Investor Support Centre (DIY Link) https://ris.kfintech.com/clientservices/isc |