POLYCAB NSE filing

Polycab Q1 FY27 Revenue Up 39% YoY to ₹8,209.7 Crore; PAT Grows 33% to ₹796.7 Crore

The RealCase readHigh impact Positive

Polycab India Limited reported Q1 FY27 consolidated revenue of ₹8,209.7 crore, a 39% YoY increase. EBITDA grew 32% YoY to ₹1,136.2 crore, and PAT rose 33% YoY to ₹796.7 crore. The W&C segment grew 39% YoY, while FMEG achieved 71% YoY growth, driven by solar products.

Why it matters

Significant year-on-year growth in revenue and profit, along with strong performance in key segments like FMEG, is expected to have a material positive impact on the company's valuation and investor sentiment.

The market read

The company reported strong year-on-year growth in revenue, EBITDA, and PAT, indicating a positive financial performance and healthy business momentum across key segments.

Polycab India Limited announced its unaudited financial results for the quarter ended June 30, 2026, reporting a consolidated revenue growth of 39% year-on-year (YoY) to ₹8,209.7 crore (82,097 Mn). The company's EBITDA grew by 32% YoY to ₹1,136.2 crore (11,362 Mn), with an EBITDA margin of 13.8%, up from 13.1% in the previous quarter.

Profit After Tax (PAT) for the quarter increased by 33% YoY to ₹796.7 crore (7,967 Mn), resulting in a PAT margin of 9.7%, an improvement from 8.9% in the previous quarter. This robust performance was driven by sustained momentum across both the Wires & Cables (W&C) and Fast Moving Electrical Goods (FMEG) segments.

The W&C business demonstrated strong domestic demand, achieving 39% YoY revenue growth. While the international business saw a 13% YoY degrowth, the company maintains a healthy order book. The FMEG segment reported exceptional performance with 71% YoY growth, reaching its highest-ever quarterly revenue of ₹761.2 crore (7,612 Mn). Solar products were a key growth driver within FMEG, with revenues more than doubling YoY. The FMEG business is on track to achieve its Project Spring target of 8–10% EBITDA margins by FY30.

The EPC segment revenue declined by 11% YoY due to project execution timing, but EBIT margin improved significantly. The company continues to maintain a healthy order book in this segment. Overall, Polycab India Limited showcased strong growth and profitability momentum in Q1 FY27.

Filing to action

What to do with a filing like this

Polycab India Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Polycab India Limited. Read the original for the full detail.

View original filing