NSEPress Release16 Jul 2026 · 16 Jul 2026, 02:04 pm
Press Release
Polycab India Limited · POLYCAB
✦ AI Summary▲ PositiveResults
Polycab India Limited has announced its Q1 FY27 results, with revenue, EBITDA, and PAT growing 39%, 32%, and 33% YoY respectively, driven by strong execution across Wires & Cables and Fast-Moving Electrical Goods (FMEG) businesses.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment8/10
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Full Announcement
Polycab India Limited has informed the Exchange regarding a press release dated July 16, 2026, titled "Press release on the Unaudited (Standalone and Consolidated) Financial Results of the Company for the quarter ended June 30, 2026".
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Date: July 16, 2026
To To
Department of Corporate Services Listing Department
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, C-1, G-Block, Bandra-Kurla Complex
Dalal Street, Mumbai, MH - 400001 Bandra (E), Mumbai, MH - 400051
Scrip Code: 542652 Scrip Symbol: POLYCAB
ISIN: INE455K01017
Dear Sir(s) / Madam(s),
Subject: Press Release on the Unaudited (Standalone and Consolidated) Financial Results of the
Company under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015.
With reference to the captioned subject, please find enclosed herewith the press release on the Unaudited
(Standalone and Consolidated) Financial Results of the Company for the quarter ended June 30, 2026.
Kindly take the same on your record.
Thanking you
Yours Faithfully
For Polycab India Limited
Manita Carmen A. Gonsalves
Vice President-Legal & Company Secretary
Membership No.: A18321
Address: #29, The Ruby, 21st Floor, Senapati Bapat Marg
Tulsi Pipe Road, Dadar (West), Mumbai, MH-400028
Encl: as above
Corporate Office:
Registered Office: Polycab India Limited
Unit 4, Plot No 105, Halol Vadodara Road CIN: L31300GJ1996PLC114183
Village Nurpura, Taluka Halol, Panchmahal, #29, The Ruby, 21st Floor, Senapati Bapat Marg,
Panch Mahals, Gujarat 389 350 Tulsi Pipe Road, Dadar (West), Mumbai 400 028
Tel: +91 2676- 227600 / 227700 Tel: +91 22 2432 7070 - 74
Email: shares@polycab.com Web: www.polycab.com
Highest Ever First Quarter
Revenue, EBITDA & Profitability
Results for the first quarter ended June 30, 2026
▪ Q1 FY27 Revenue at ₹ 82,097 Million; up 39% YoY
▪ Q1 FY27 EBITDA at ₹ 11,362 Million; up 32% YoY
▪ Q1 FY27 PAT at ₹ 7,967 Million; up 33% YoY
Mumbai, July 16, 2026: Polycab India Limited (BSE: 542652, NSE: POLYCAB) today announced its results for the quarter
ended June 30, 2026.
Commenting on the performance, Mr. Inder T. Jaisinghani, Chairman and Managing Director, Polycab India
Limited, 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.”
Key Highlights (Q1 FY27)
• The Company’s consolidated revenues delivered a strong 39% YoY growth to stand at ₹ 82,097 Million. The
strong growth was driven by robust execution across both Wires & Cables (W&C) business and Fast-Moving
Electrical Goods (FMEG) business.
▪ The Wires & Cables business reported a growth of 39% year-on-year during the quarter, led by a
robust 43% increase in domestic revenues. This performance was supported by healthy market
Registered Office: Corporate Office:
Unit – 4, Plot no. 105 Polycab India Limited
Halol Vadodara road Village: Nurpura 21st Floor, 29, The Ruby, Senapati Bapat Marg,
Taluka: Halol, Panchmahal, Gujarat 389 350 Dadar (West), Mumbai 400 028
CIN No L31300GJ1996PLC114183
Tel: +91 22 67351400 Email: info@polycab.com Web: www.polycab.com
demand and on ground execution excellence under Project Spring. The wires segment outperformed
the cables segment, with channel sales registering higher growth than institutional sales within the
cables business. The international business recorded a 13% YoY degrowth; however, diversified global
footprint and a healthy order book underscore strong forward momentum. EBIT margin performance
improved sequentially on the back of better product mix and operational efficiencies, offsetting the
impact of a reduced contribution from international markets.
▪ The FMEG business delivered a stupendous performance during the quarter, recording 71% year-on-
year growth. Growth momentum remained broad-based across all product categories. Solar
products continued to be the key growth driver, achieving more than two-fold growth over the
previous year and retaining its position as the largest category within the FMEG portfolio. Profitability
continued to improve, with EBIT margins expanding to 8.0%, supported by greater operating leverage
and a more premium product mix. This performance aligns with the objectives of Project Spring, which
targets EBITDA margins in the range of 8–10% by FY30.
▪ The EPC business revenues were in line with the timing of the project execution cycle, resulting in an
11% YoY decrease for the quarter. EBIT margins for quarter stood at 11.0%. The segment remains well-
positioned with a robust order book and strong execution pipeline.
• EBITDA grew by 32% YoY, with consolidated margins at 13.8%
• PAT registered a growth of 33% YoY, with PAT margins at 9.7%
Registered Office: Corporate Office:
Unit – 4, Plot no. 105 Polycab India Limited
Halol Vadodara road Village: Nurpura 21st Floor, 29, The Ruby, Senapati Bapat Marg,
Taluka: Halol, Panchmahal, Gujarat 389 350 Dadar (West), Mumbai 400 028
CIN No L31300GJ1996PLC114183
Tel: +91 22 67351400 Email: info@polycab.com Web: www.polycab.com
About Polycab
Polycab India Limited (PIL) is India’s largest manufacturer of Wires and Cables and one of the fastest growing FMEG
companies with a consolidated turnover of ₹ 285+ Bn in FY26. PIL is at the forefront of providing innovative, safe and
energy efficient products to a diverse set of customers via a strong distribution network of 3,900+ authorized dealers
and 190,000+ retail outlets. PIL’s business operations span across India through 26 manufacturing facilities, 15 offices
and 35 warehouses. PIL has also served customers in 94 countries globally. PIL’s 4,500+ employees are dedicated to
upholding robust governance practices, preserving a customer centric culture, having a purpose to serve the
communities, and imbibing a genuine sense of ecological consciousness. For further information, please visit
www.polycab.com.
Contact us:
Polycab India Limited
Email: investor.relations@polycab.com
Disclaimer: Certain statements in this press release may be forward-looking statements and/or based on management’s current
expectations and beliefs concerning future developments and their potential effects upon Polycab and its associates. The forward-
looking statements are not a guarantee of future performance and involve risks and uncertainties and there are important factors
that could cause actual results to differ, possibly materially, from expectations reflected in such forward-looking statements.
Polycab does not intend, and is under no obligation, to update any forward-looking statement contained in this press release.
Registered Office: Corporate Office:
Unit – 4, Plot no. 105 Polycab India Limited
Halol Vadodara road Village: Nurpura 21st Floor, 29, The Ruby, Senapati Bapat Marg,
Taluka: Halol, Panchmahal, Gujarat 389 350 Dadar (West), Mumbai 400 028
CIN No L31300GJ1996PLC114183
Tel: +91 22 67351400 Email: info@polycab.com Web: www.polycab.com