'
Polycab hosted a conference call
on Jan 23, 2025. In the conference call the company was represented by Inder T.
Jaisinghani , CMD and Gandharv Tongia, ED & CFO.
Keytakeaways of the call
Demand environment continues to
be strong. General Elections has slowed down the government spending for the
last few quarters but with vision of Vikshit Bharat by 2047, the spending are
to pickup going forward. The demand is expected to pickup in coming quarters.
The company expects to grow its
domestic C&W business by 1.5 times of the growth rate of the Indian C&W
industry, which is expected to grow at 1.5 times of real GDP growth of the
company. The company expects the EBITDA margin of about 11-13%, which is more
sustainable over long term.
The company expects its FMEG
business to grow at 2 times of the industry growth.
In Q3FY25, volume growth
cables was in double digit and that of
wires...
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