Investor Presentaiton
Consolidated Working Capital Movement
Change
Particulars (Rs. Crs)
Dec-21* Sep-21* (Dec-21 to
Sep-21)
Change
Mar-21 (Dec-21 to
Mar-21)
Change
Dec-20*
(Dec-21 to
Dec-20)
Inventory (A)
Inventory Days (Inventories/ COGS* No. of days in period) (i)
Trade Receivables (B)
696.6
650.4
42.6
754.4
-57.8
544.0
152.6
145
111
166
143
917.1
983.6
-66.5
848.2
68.9
916.5
0.6
Trade Receivables Days (Trade Receivables/Revenue* No. of days in period) (ii)
119
105
117
150
Trade Payables (C)
509.1
561.3
-52.2
598.3
-89.2
596.1
-87.0
Trade Payables Days (Trade Payables/ COGS* No. of days in period) (iii)
106
96
132
157
Other Financial Liabilities (D)
424.9
451.0
-26.1
349.8
75.1
379.8
45.1
Other Financial Liabilities Days (Other Current Liabilities/Revenue * No. of days in period) (iv)
55
48
48
62
Net Working Capital (A+B-C-D)
679.7
621.7
58.0
654.5
25.2
484.6
195.1
Net Working Capital Days (i + ii — iii – iv)
103
72
103
74
Key Highlights
Maintained higher inventory on back of anticipated strong demand as well as to protect against increasing input cost
Focused efforts towards improving collections - Collection during 9M FY22 of ~Rs. 2,512 crores as compared to Rs. 2,449 crores during 9M FY21, increased by 3% yoy
Cash, Cash Equivalents and Liquid investments of ~Rs. 664 crores as on 31st December 2021
Given the seasonality in the business, it is best monitored on an annual basis
* No. of Days in period: Dec-21-92 days, Sep-21 - 92 days, Mar-21 - 365 days, Dec-20 - 92 days
7View entire presentation