'
Polycab India hosted a conference
call on May 10, 2024. In the conference call the company was represented by Inder
T. Jaisinghani, CMD and Gandharv Tongia, ED.
Key takeaways of the call
Strong volume growth in domestic
business, supported by government & private capex and uptick in real
estate, as well as strategic internal initiatives helped the Company gain
significant market share in domestic C&W business during the year.
Domestic C&W business registered a volume
growth of 30-40% both for Q4FY24 and FY24.
Volume growth of cables (growing at higher thirties) is faster than
wires (growing at lower thirties).
Polycab gained significant market share or
organised C&W business to 25-26% from 22-24% market share in FY23
Revenue from international C&W
business on YoY basis has de-grown for Q4FY24. But on sequential basis it has bounced
back w...
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