Polycab India Limited

Polycab India Limited announced that its Finance and Operations Committee allotted a total of 14,970 equity shares with a face value of Rs 10 each to eligible employees who exercised options under the Polycab Employee Stock Option Performance Scheme 2018, according to a filing on September 01, 2026.

Polycab India Limited announced that Rishikesh Rajurkar will cease to be President – Projects due to a change in the reporting structure, effective August 19, 2026, while continuing in employment with the company, according to a regulatory filing.

Polycab India Limited informed the BSE Limited and National Stock Exchange of India Limited that Mr. Diwaker Bharadwaj, President – Automation / Serialization, Packaging and Brand Protection, passed away on August 17, 2026. He joined the company in 2013.

Total operating expenses for the period under review rose 12.6% YoY to Rs 821.5 crore from Rs 729.6 crore in the same period last year. While EBITDA improved by 32.5% YoY to Rs 1,136.2 crore, EBITDA margin contracted by 70 basis points YoY to 13.8% in Q1 FY27. Profit before tax in Q1 FY27 stood at Rs 1,058.2 crore, up by 32.2% from Rs 800.6 crore in Q1 FY26. Inder T. Jaisinghani, chairman and managing director, Polycab India, said: We have entered FY2027 with strong momentum, achieving our highest-ever first-quarter revenue and profit performance. The Wires and Cables segment maintained its robust growth trajectory, supported by healthy domestic demand and effective operational execution. Our FMEG business delivered an outstanding quarter, continuing to strengthen its profitability through a strong product portfolio, enhanced operational efficiencies and a growing shift towards premium products. Our international business continues to be a key driver of the next phase of growth, supported by a strong order book. Meanwhile, the EPC segment remains on a solid footing, underpinned by a healthy order backlog and a strong project execution pipeline. Looking ahead, sustained government infrastructure investments and improving on-ground project implementation are expected to create significant growth opportunities. Supported by a strong financial position and ongoing investments in capacity enhancement, innovation, and distribution expansion, we are well-positioned to strengthen our market leadership and deliver sustainable, industry-leading growth over the long term. Polycab India (PIL) is India's largest manufacturer of wires and cables and one of the fastest growing FMEG companies. The scrip fell 3.93% to currently trade at Rs 8854 on the BSE. Powered by Capital Market - Live

Net profit of Polycab India rose 32.46% to Rs 784.34 crore in the quarter ended June 2026 as against Rs 592.12 crore during the previous quarter ended June 2025. Sales rose 39.01% to Rs 8209.73 crore in the quarter ended June 2026 as against Rs 5905.98 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales8209.735905.98 39 OPM %13.8414.52 - PBDT1161.09886.29 31 PBT1058.22800.59 32 NP784.34592.12 32 Powered by Capital Market - Live

Polycab India will hold a meeting of the Board of Directors of the Company on 16 July 2026.

Polycab India announced that the 30th Annual General Meeting(AGM) of the company will be held on 30 June 2026.

Polycab India has fixed 19 June 2026 as record date for payment of dividend of Rs 47 per equity share of face value of Rs 10 for FY 2026. The dividend shall be paid after 30 June 2026, if approved.

Polycab India has allotted 2,700 equity shares under ESOS on 07 May 2026.

The stock hit a record high of Rs 8,988.50 during the trading session today. The rally came after the company reported robust growth despite geopolitical disruptions, demand slowdown in March and temporary channel destocking amid raw material volatility. On a consolidated basis, profit after tax rose 7% YoY and 24.7% QoQ to Rs 785.6 crore in Q4 FY26. Revenue from operations stood at Rs 8,864.5 crore in Q4 FY26, up 26.9% YoY and 16.1% QoQ, driven by robust execution across both wires and cables (W&C) and FMEG business. EBITDA stood at Rs 1,161.3 crore in Q4 FY26, up 13.2% YoY and 20.2% QoQ. EBITDA margin came in at 13.1% compared with 14.7% in Q4 FY25 and 12.7% in Q3 FY26. Profit before tax stood at Rs 1,049.3 crore in Q4 FY26, up 24.6% vs Q3 FY26 and 9.2% vs Q4 FY25. Cost of goods sold increased 30.4% YoY to Rs 6,786.7 crore in Q4 FY26. Employee cost declined 5.2% YoY to Rs 193.1 crore, while other operating expenses rose 31.2% YoY to Rs 723.3 crore during the quarter. For FY26, revenue from operations rose 28.9% YoY to Rs 28,883.8 crore from Rs 22,408.3 crore in FY25. EBITDA for FY26 stood at Rs 4,005.7 crore, up 35.3% YoY, while PAT increased 32.4% YoY to Rs 2,708.4 crore. Operationally, the wires and cables business revenue grew 33% YoY to Rs 25,178.9 crore in FY26, driven by strong growth across distribution and institutional segments. The international business contributed 5.4% of consolidated revenue. The FMEG business revenue increased 25% YoY to Rs 2,069.3 crore, aided by strong traction in solar products. The EPC business revenue declined 13% YoY, though EBIT margin remained healthy at 9.9%. The board recommended a dividend of Rs 47 per equity share of face value Rs 10 each for FY26. Net cash flow from operating activities stood at Rs 3,810.7 crore in FY26, higher than Rs 1,808.5 crore in FY25. Polycab's net cash position stood at Rs 4,190 crore as of 31 March 2026 compared with Rs 2,460 crore a year earlier. Brokerages turned bullish following the results. A foreign brokerage raised its target price to Rs 10,500 from Rs 9,500 while maintaining a Buy rating, citing strong execution and market share gains. Another global brokerage lifted its target to Rs 9,770 from Rs 8,950, highlighting Polycab's rising share in the organised cables and wires market, which has climbed to 30-31%. A domestic brokerage increased its target price to Rs 9,800 from Rs 9,350, forecasting revenue and EBITDA CAGRs of 19% and PAT growth of around 18% over FY26-28. Another brokerage raised FY27 and FY28 earnings estimates by 3-5% and revised its target to Rs 9,740 from Rs 9,420. Polycab India is India's largest manufacturer of wires and cables and also operates a fast-growing FMEG business spanning fans, lighting, switches, solar products and home appliances. Powered by Capital Market - Live