Polycab India reports strong financial performance for fiscal year ending March 2026

Arunika Jain — Wed, 06 May 2026 09:18:40 +0000

Polycab India has released its corporate presentation detailing the audited financial results for the quarter and year ending March 31, 2026. The company, a leading manufacturer in the wires and cables sector, has demonstrated robust financial growth, maintaining its position as a market leader with a 30-31% share of the organised market.

The presentation highlights Polycab’s expansive network, which includes over 3,900 dealers and distributors and more than 190,000 retail outlets across India. This extensive reach supports the company’s well-established Fast Moving Electrical Goods (FMEG) business, which has achieved a compound annual growth rate (CAGR) of 25% over the past decade.

Polycab’s manufacturing capabilities are underscored by its 26 facilities spread across eight locations, showcasing strong backward integration. The company has also reported a seven-year CAGR of 20% in revenue, 23% in EBITDA, and 27% in profit after tax (PAT), excluding other income.

The company’s journey, as outlined in the presentation, includes significant milestones such as its initial public offering (IPO) in 2019, which was oversubscribed by 52 times, and the establishment of joint ventures and new manufacturing facilities.

Polycab continues to focus on innovation and sustainability, having formulated an ESG framework and launched a new brand identity, “Ideas. Connected.” The company is also working on Project Spring, a five-year transformation initiative aimed at further enhancing its market position and operational efficiency.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Manita Carmen A. Gonsalves | Business Upturn

Polycab India reports strong financial performance for fiscal year ending March 2026