Discover and read the best of Twitter Threads about #polycab

Most recents (11)

Magic of IPO Listing High/Base Break-Out

Reasons for BO:
1. Entry of Fund House
2. Delivered as mentioned by Mgmt.
3. New favouring Govt Policies.
4. Need of hours of the product.
Types of IPO BO Candidate. Three kinds:
#IPO_Candidate_1 - Premium Listing followed by 15-45% corrections. 2-4x Potential after listing high BO, Time-frame โ€“ 1yr. e.g. #INDIAMART #HAPPSTMNDS #MTARTECH #POLYCAB #ANURAS #AFFLE
Read 15 tweets
u know which type of breakouts are extremely strong and moves like rocket?
they both have many similarities and majority of massive breakout have such pattern... what are those?
can u name? Image
Read 4 tweets
@PolycabIndia #Q3marketupdates #Q3investorpresentations

Q3 earnings presentation
Revenue Q3 27988 mn ,up 12% yoy
9m 58891 mn ,up 12% yoy
PAT 2636mn ,up 19% yoy
9m 6027 mn,up 9% yoy
Net cash Q3 - 1335 mn
6% yoy growth
Distribution channel double digit growth
Institutional businesses continues 2 face headwinds
Wires > cables
Housing wires strong momentum
Export 2.9 bn,10.5% overall sales,down 33% yoy due higher Dangote base
Exc Dangote, Aus,Asia,UK 29% yoy growth
Fast moving electrical goods
Strong 41% yoy growth in total Rev back of consumer demand,distribution, product mix
FMEG mix to sales up 215bps, up 10.8% yoy
Fans took leadership in few geographies
Segment Ebit margin 5.9% in Q3 & 4.7% in 9mnths
Read 10 tweets
#PolyCab valuation

Pre-Corona quarterly sales : 2200
Corona dip : 50%
Current quarterly sales : 2200

It has healed from the lockdown slump. NPM has improved from 8.64% to 10.48%
85% revenues come from wires. Leading market share in wires segment.
EPS has virtually doubled in 18 months, from 25rs/share in 2019 to 50rs/share now.

ROCE 29%. This is a high growth company.

2030 projected EPS (DCF discount rate 20.12%) : 326rs/share
2030 CMP= 6520 (Median PE (20) x 326)
Read 6 tweets
Approves for 10 sectors On Nov 11
Pharma,Auto,Auto components Telecom,Advanced chemistry cell battery,textile,food products,solar modules,white goods,speciality steel

Aim - make India mfts globally competitive,enhance scale,increase exports,attract investment
Pli scheme aimed to reduce dependence on China,give incentive on products mftd in India, increase employment by focusing on labor intensive industries like mobile equipment,#pharma,medical devices
In March #goi made 53 drugs eligible for pli worth 6940cr ,benefit 136 mftg units
14000 cr package incentivise #API production & medical devices mfg
3240 cr to promote medical devices mft
Pli for electronics & mobiles,incentives of 4-6% to mft mobiles & other electrical components such as transistors,diodes,resistors etc
#Telecom #mobile #Nifty #sensex
Read 10 tweets
Respected all sir
I have observe that many times after high volume candle formed stocks price drop and that high volume candle's high is protected and break that high by another high volume candle only.

Here are some examples.
I have cover all large, mid and small cap stocks ImageImageImageImage
Some more examples
#techm ImageImageImageImage
Read 55 tweets
Thread highlighting the importance of reading revenue recognition policies (and also other important ones like depreciation and inventory policies) in the annual report (1/6)
#Polycab Ltd which is the market leader in Wires and Cables segment has a different revenue recognition policy vis-a-vis its peers, whereby they book revenues in P&L on dispatch of goods while its peers recognize revenue when the goods are delivered. (2/6) Source - Polycab FY20 Annua...
The below picture highlights the revenue recognition policy of Havells taken from their FY20 Annual Report (3/6) Havells FY20 Annual Report
Read 7 tweets
Another long one #polycab #ARNotes Good one to get to know about industry. Company may not be able to repeat last year performance ImageImageImageImage
Read 14 tweets
๐Ÿ‘ Polycab's impressive growth continued into Q3
๐Ÿ‘ Revenue rose 24% QOQ
๐Ÿ‘ Wires & Cables revenue jumped 21% on the back of one large size export order
๐Ÿ‘ Fast Moving Electrical Goods segment sales jumped 34% on the back of strong volume growth

๐Ÿ‘ A pick-up in project execution drove the revenue in EPC
๐Ÿ‘Ž Significant jump in advertising & marketing expense hit margins
๐Ÿ‘ Lower corp tax rate aided the bottomline
๐Ÿ‘Ž The domestic demand scenario remain sluggish
๐Ÿ‘ Eyeing growth thru increased penetration in export markets
๐Ÿ‘ Undertaking multiple brand development initiatives to penetrate the domestic market
๐Ÿ‘ The ad spends wud remain high, but the economies of scale should aid the margin improvement in coming qtrs
๐Ÿ‘ For W&C, the mgt expects the margins to be in the broad range of 11-13 percent.
Read 4 tweets
Polycab CMP 1029
๐Ÿ‘‰ Leader in the Wire & Cable Industry
๐Ÿ‘‰ Domestic Mkt share ~12%
๐Ÿ‘‰ Revenue (W&C 89%, FMEG 7%, EPC & Othr 4%)
๐Ÿ‘‰ In the early stage of transition from a commodity cable manufacturer to a branded consumer durable player

#stockstowatch Image
๐—ข๐—ฝ๐—ฒ๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—ฉ๐—ฎ๐—น๐˜‚๐—ฒ ๐—–๐—ฟ๐—ฒ๐—ฎ๐˜๐—ถ๐—ผ๐—ป
๐Ÿ‘‰ Consistent track record & has delivered a topline growth of >15% in last 4 yrs
๐Ÿ‘‰ Earning growth has outpaced the topline due to richer product mix & an expansion in operating margins
๐Ÿ‘‰ ROC has improved: 16% (FY16) 28% (FY19)
๐Ÿ‘‰ Enjoys a cash-rich B/S & remains well positioned to navigate the cyclical downturn
๐Ÿ‘‰ Strong distribution network (3300+ authorized dealers, ~30 warehouses) to cater >1lakh retail outlets
๐Ÿ‘‰ High degree of backward integration helps to reduce RM price volatility

#polycab Image
Read 11 tweets

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