Polycab India Limited has informed the Exchange about Audited Financial Statements for the Financial Year ended March 31, 2026
POLYCAB · price
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Polycab India Limited has published its audited consolidated financial results for FY26 ending March 31, 2026. Revenue from operations increased to ₹2,88,837.92 million from ₹2,24,083.13 million in the previous year, representing approximately 29% growth. Profit after tax grew to ₹27,084.27 million from ₹20,455.37 million, up about 32% year-on-year. The company's total assets stood at ₹2,04,761.90 million, significantly higher than the prior year's ₹1,37,757.66 million. BSR & Co. LLP issued an unqualified opinion on the consolidated financial statements. Key audit matters addressed were revenue recognition (including EPC contracts) and inventory valuation (wires and cables). The auditors have not raised any going concern doubts, qualified opinions, or adverse opinions.
Strong financial performance with both revenue and profitability growing robustly. The clean audit opinion is positive for investor confidence. However, the significant increase in trade receivables and inventories warrants monitoring.