Polycab India Limited has informed the Exchange about Transcript
POLYCAB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Polycab India delivered record Q4 FY26 results with 27% YoY revenue growth to INR 7.9 billion PAT. Full year FY26 revenue crossed INR 285 billion (29% growth) with EBITDA margins expanding to 13.9%. The company gained significant market share, with domestic wires and cables organized market share increasing to 30-31% from 26-27% in FY25. Wires & Cables segment grew 30% YoY with low single-digit volume growth, while FMEG delivered exceptional 47% YoY growth. Management cited March demand disruption due to Middle East conflict affecting trade sentiment and exports, though domestic fundamentals remain robust. The company maintains strong balance sheet with net cash of INR 41.9 billion and declared dividend of INR 47 per share (27.2% payout).
The company delivered industry-leading performance despite macro headwinds, with market share gains demonstrating structural strength. Margin pressure from higher institutional sales mix and export impact was offset by price hikes. The stock remains well-positioned given robust order pipelines, capacity expansion plans, and multi-year growth targets under Project Spring.