Polycab India Hits Record Milestone: FY26 Revenues Cross Rs.285 Billion..

Varahi media.com online news,Mumbai, May 7, 2026: Polycab India Limited (BSE: 542652, NSE: POLYCAB) has reported its strongest financial performance to date for the fiscal year ending March 31, 2026. The electrical goods giant surpassed the ₹285 billion revenue mark for the first time, signaling a landmark year for the company.

Financial Highlights: FY26 vs. FY25
The company demonstrated significant year-on-year (YoY) growth across all primary financial metrics:

Consolidated Revenue: Climbed to ₹288,838 million, a 29% increase over the previous year.

EBITDA: Surged by 35% to reach ₹40,057 million, with margins strengthening to 13.9%.

Profit After Tax (PAT): Reached a record ₹27,084 million, marking a 32% growth compared to FY25.

Dividend: The Board has recommended a dividend of ₹47 per share (470% of face value).

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Segment Performance and “Project Spring” Success
Chairman and Managing Director, Mr. Inder T. Jaisinghani, attributed the record-breaking year to the strategic execution of Project Spring, which helped Polycab capture an additional 3-4% of the domestic market share.

Wires & Cables (W&C)
The core segment remained the primary growth engine, with annual revenues rising 33% to ₹251,789 million.

Q4 Momentum: The segment saw 30% growth in the final quarter, with institutional sales leading the charge.

Global Reach: International operations accounted for 5.4% of total consolidated revenue for the year.

Fast-Moving Electrical Goods (FMEG)
The FMEG segment posted a robust 25% annual growth, totaling ₹20,693 million.

Solar Lead: Solar products emerged as the largest category within the FMEG portfolio, nearly doubling in size YoY.

Future Outlook: The company remains on track to hit its goal of 8-10% EBITDA margins in this segment by FY30.

Strong Liquidity and Market Position
Polycab closed the fiscal year with a powerful balance sheet, reporting a net cash position of ₹41.9 billion, a substantial increase from the ₹24.6 billion held in the prior year.

“FY26 has been a defining year… marked by our strong execution and ability to capture domestic market share,” said Mr. Jaisinghani. “Despite a challenging external environment, we achieved our highest-ever quarterly PAT… reinforcing our leadership in the Indian electrical industry.”

Looking ahead, Polycab plans to continue its aggressive investments in capacity expansion and innovation to maintain its trajectory of industry-leading growth.

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