Polycab India FY26 Revenue Surges 29% to ₹28,883 Crore; Proposes ₹47 Dividend
Polycab India reported record FY26 revenue of ₹28,883 crore, up 29% YoY. Q4 FY26 revenue grew 27% to ₹8,864.5 crore. FY26 PAT increased 32% to ₹2,708 crore. The company proposed a dividend of ₹47 per share for FY26. Net cash position was ₹4,190 crore.
The announcement details record-breaking financial results and a significant dividend proposal, which are material events for investors and stakeholders.
The company reported record revenues and profitability for both the quarter and the full year, along with a proposed dividend, indicating strong financial performance.
Polycab India Limited announced its audited standalone and consolidated financial results for the fourth quarter and year ended March 31, 2026. The company reported its highest-ever yearly revenue of ₹2,88,838 million (₹28,883 crore), a 29% year-on-year increase from ₹2,24,083 million in FY25. Full-year EBITDA grew 35% YoY to ₹40,057 million (₹4,007 crore), and Profit After Tax (PAT) rose 32% YoY to ₹27,084 million (₹2,708 crore).
For the fourth quarter of FY26, consolidated revenues reached ₹88,645 million (₹8,864.5 crore), up 27% YoY. EBITDA for the quarter increased by 13% YoY to ₹11,613 million (₹1,161.3 crore), and PAT saw a 7% YoY growth to ₹7,856 million (₹785.6 crore).
The Wires & Cables (W&C) segment delivered strong performance with 30% YoY growth in Q4 FY26 and 33% YoY growth for FY26. The FMEG segment concluded the year with a solid Q4 performance, achieving 47% YoY growth for the quarter. Solar products were a standout performer within FMEG. The EPC business revenues were impacted by project execution timing, resulting in a 15% YoY decrease for the quarter and a 13% YoY decline for the full year.
Mr. Inder T. Jaisinghani, Chairman and Managing Director, highlighted the company's strong execution and market share capture, increasing by approximately 3-4% during the year, driven by Project Spring. He noted the resilience of the operating model and confidence in leveraging enhanced market presence for consistent growth.
The Board of Directors has proposed a dividend of ₹47 per share for FY26. As of March 31, 2026, the net cash position stood at ₹41.9 billion (₹4,190 crore), compared to ₹24.6 billion (₹2,460 crore) in the previous year.
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