About Polycab India Limited
Data last updated: 25 September 2026
Polycab India Limited is a public limited company based in Panchamahal, Gujarat, India. It specialises in electronics manufacturing, a part of the broader consumer electronics and durables sector. Incorporated on 10 January 1996, the company has been in operation for over 30 years.
Registered with ROC Ahmedabad under CIN L31300GJ1996PLC114183. Listed.
Capital: an authorised share capital of ₹2,292.5 Cr and a paid-up capital of ₹150.68 Cr. Formerly known as Polycab Enterprises Limited and Polycab Limited. It is led by directors including Bhaskar Sharma and Manju Agarwal.
Last AGM: 30 June 2026. Financial statements filed for year ended 31 March 2026. Office: Unit 4 Plot No 105 Halol Vadodara Road Village Nurpura Taluka Halol, Panchamahal, Gujarat, India – 389350.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹28,884 Cr, a growth of 28.9% compared to the previous year. The net worth stands at ₹12,009 Cr (up 22.22% YoY). Total assets are valued at ₹12,574 Cr (up 22.68% YoY).
The company has a workforce of approximately 4,746 employees as per the latest available data. Its group structure includes 6 subsidiaries and 1 joint venture.
As per MCA filings, the company has open charges of ₹8,964 Cr and satisfied charges of ₹7,804.34 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website polycab.com.
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EmailLocked
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TelephoneLocked
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Website
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Social Media
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Registered AddressUnit 4 Plot No 105 Halol Vadodara Road Village Nurpura Taluka Halol, Panchamahal, Gujarat, India – 389350
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IndustryConsumer Electronics & Durables, Electronics Manufacturing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Polycab India Limited
Polycab India Limited has undergone 4 name changes throughout its history. The current legal name is Polycab India Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Polycab India Limited | Current |
| Polycab Enterprises Limited | Previous |
| Polycab Limited | Previous |
| Polycab Wires Private Limited | Previous |
| Polycab Wires Limited | Previous |
CIN History of Polycab India Limited
Polycab India Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L31300GJ1996PLC114183, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L31300GJ1996PLC114183 | Current |
| U31300DL1996PLC266483 | Previous |
| U31300DL1996PTC266483 | Previous |
Business Activity of Polycab India Limited
Polycab India Limited is engaged in the principal business activity of manufacturing, with detailed activities including electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details for Polycab India Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Polycab India Limited
Polycab India Limited is audited by B S R & Co. LLP for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S R & Co. LLP | Locked | Locked | Locked |
Complete auditor history for Polycab India Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Polycab India Limited
Polycab India Limited currently reports 10 directors and 2 key managerial personnel. 19 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhaskar Sharma | Director | 12 May 2023 | 3 Years 4 Months | Current |
|
Manju Agarwal
Also directs:
Polycab India Limited, Gulf Oil Lubricants India Limited, Gocl Corporation Limited and 5 more
|
Director | 19 Jan 2023 | 3 Years 8 Months | Current |
| Inder Thakurdas Jaisinghani | Managing Director | 20 Dec 1997 | 28 Years 9 Months | Current |
|
Rakesh Chandrakant Talati
Also directs:
Polycab India Limited
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Whole-Time Director | 13 May 2021 | 5 Years 4 Months | Current |
| Sutapa Banerjee | Director | 13 May 2021 | 5 Years 4 Months | Current |
|
Manita Carmen Albert Gonsalves
Also directs:
Polycab India Limited, Steel Matrix Private Limited, Uniglobus Electricals And Electronics Private Limited and 4 more
|
Company Secretary | 24 Jan 2021 | 5 Years 8 Months | Current |
Financials of Polycab India Limited FY 2025-26 filings available
Polycab India Limited reported revenue of ₹28,884 Cr (up 28.9% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 28,884 | 22,408 | 18,039 | 14,108 | 12,204 | 8,792 | 8,830 |
| Revenue growth | +27.9% | +25.1% | +26.8% | +12.1% | +42.4% | -0.3% | +9.5% |
| EBITDA | 4,006 | 2,960 | 2,492 | 1,843 | 1,263 | 1,111 | 1,128 |
| EBITDA margin | +13.9% | +13.2% | +13.8% | +13.1% | +10.4% | +12.6% | +12.8% |
| Profit before tax | 3,613 | 2,701 | 2,359 | 1,707 | 1,188 | 1,056 | 1,010 |
| Net profit | 2,515 | 1,930 | 1,717 | 1,214 | 892 | 870 | 747 |
| Net profit margin | +8.7% | +8.6% | +9.5% | +8.6% | +7.3% | +9.9% | +8.5% |
| EPS (₹) | 177.48 | 134.28 | 118.75 | 84.80 | 60.80 | 59.15 | 50.98 |
| Balance sheet | |||||||
| Total assets | 12,574 | 10,250 | 8,544 | 6,921 | 5,734 | 5,115 | 4,081 |
| Net worth | 12,009 | 9,825 | 8,187 | 6,631 | 5,544 | 4,754 | 3,836 |
| Total debt | 236 | 202 | 161 | 191 | 118 | 282 | 157 |
| Cash & bank | 882 | 771 | 402 | 695 | 407 | 531 | 281 |
| Net working capital | 3,404 | 4,149 | 3,411 | 3,097 | 2,726 | 2,291 | 2,147 |
| Cash flow | |||||||
| Cash from operations | 3,811 | 1,809 | 1,296 | 1,428 | 512 | 1,252 | 244 |
| Cash from investing | (2,850) | (1,239) | (752) | (1,203) | (427) | (1,012) | (262) |
| Cash from financing | (799) | (628) | (387) | (227) | (201) | (175) | 11.01 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8,210 | 8,864 | 7,636 | 6,477 | 5,906 | 6,986 | 5,226 | 5,498 |
| Revenue growth (YoY) | +39.0% | +26.9% | +46.1% | +17.8% | +25.7% | +24.9% | +20.4% | +30.4% |
| Other income | 105 | 60.42 | 50.46 | 45.43 | 79.95 | 48.07 | 25.01 | 76.16 |
| EBITDA | 1,136 | 1,161 | 966 | 1,021 | 858 | 1,025 | 720 | 632 |
| EBITDA margin | +13.8% | +13.1% | +12.7% | +15.8% | +14.5% | +14.7% | +13.8% | +11.5% |
| Depreciation | 103 | 97.80 | 106 | 96.78 | 85.70 | 80.36 | 78.56 | 72.06 |
| Interest | 80.02 | 74.64 | 68.73 | 48.41 | 51.26 | 32.54 | 49.79 | 45.30 |
| Profit before tax | 1,058 | 1,049 | 842 | 921 | 801 | 961 | 617 | 590 |
| Tax | 262 | 264 | 212 | 228 | 201 | 226 | 152 | 145 |
| Net profit | 797 | 786 | 630 | 693 | 600 | 734 | 464 | 445 |
| EPS (₹) | 51.94 | 52.00 | 41.19 | 45.46 | 39.21 | 48.13 | 30.31 | 29.14 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 28,185 | 22,052 | 18,051 | 13,914 | 12,098 | 8,736 | 8,807 |
| Revenue growth | +26.8% | +22.9% | +29.0% | +11.5% | +42.0% | -0.6% | +10.0% |
| EBITDA | 3,847 | 2,862 | 2,436 | 1,811 | 1,240 | 1,091 | 1,117 |
| EBITDA margin | +13.7% | +13.0% | +13.5% | +13.0% | +10.3% | +12.5% | +12.7% |
| Profit before tax | 3,468 | 2,620 | 2,319 | 1,685 | 1,225 | 995 | 1,003 |
| Net profit | 2,446 | 1,841 | 1,703 | 1,213 | 822 | 819 | 748 |
| Net profit margin | +8.7% | +8.4% | +9.4% | +8.7% | +6.8% | +9.4% | +8.5% |
| EPS (₹) | 172.76 | 132.06 | 117.79 | 84.73 | 62.32 | 55.75 | 51.11 |
| Balance sheet | |||||||
| Total assets | 12,136 | 9,946 | 8,290 | 6,703 | 5,678 | 4,878 | 4,058 |
| Net worth | 11,844 | 9,735 | 8,144 | 6,605 | 5,521 | 4,707 | 3,840 |
| Total debt | 89.21 | 75.94 | 51.24 | 35.85 | 111 | 125 | 146 |
| Cash & bank | 765 | 710 | 308 | 646 | 391 | 488 | 277 |
| Net working capital | 3,193 | 4,049 | 3,292 | 2,906 | 2,697 | 2,280 | 2,133 |
| Cash flow | |||||||
| Cash from operations | 3,747 | 1,803 | 1,292 | 1,452 | 461 | 1,175 | 234 |
| Cash from investing | (2,820) | (1,161) | (762) | (1,188) | (360) | (1,038) | (257) |
| Cash from financing | (776) | (667) | (396) | (256) | (185) | (110) | 15.51 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8,034 | 8,585 | 7,519 | 6,340 | 5,704 | 6,862 | 5,105 | 5,366 |
| Revenue growth (YoY) | +40.9% | +25.1% | +47.3% | +18.2% | +24.0% | +26.3% | +13.1% | +26.1% |
| Other income | 103 | 58.07 | 43.23 | 50.69 | 82.48 | 53.91 | 24.61 | 77.63 |
| Total expenses | 6,943 | 7,474 | 6,573 | 5,355 | 4,899 | 5,862 | 4,406 | 4,761 |
| EBITDA | 1,092 | 1,111 | 946 | 985 | 805 | 1,000 | 699 | 605 |
| EBITDA margin | +13.6% | +12.9% | +12.6% | +15.5% | +14.1% | +14.6% | +13.7% | +11.3% |
| Depreciation | 99.34 | 94.35 | 103 | 93.27 | 82.25 | 77.41 | 75.50 | 69.49 |
| Interest | 77.43 | 71.81 | 65.80 | 45.93 | 49.02 | 29.85 | 47.65 | 42.39 |
| Profit before tax | 1,018 | 1,003 | 821 | 896 | 756 | 947 | 601 | 571 |
| Tax | 251 | 252 | 207 | 221 | 188 | 221 | 148 | 140 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8,210 | 8,864 | 7,636 | 6,477 | 5,906 | 6,986 | 5,226 | 5,498 |
| Revenue growth (YoY) | +39.0% | +26.9% | +46.1% | +17.8% | +25.7% | +24.9% | +20.4% | +30.4% |
| Other income | 105 | 60.42 | 50.46 | 45.43 | 79.95 | 48.07 | 25.01 | 76.16 |
| EBITDA | 1,136 | 1,161 | 966 | 1,021 | 858 | 1,025 | 720 | 632 |
| EBITDA margin | +13.8% | +13.1% | +12.7% | +15.8% | +14.5% | +14.7% | +13.8% | +11.5% |
| Depreciation | 103 | 97.80 | 106 | 96.78 | 85.70 | 80.36 | 78.56 | 72.06 |
| Interest | 80.02 | 74.64 | 68.73 | 48.41 | 51.26 | 32.54 | 49.79 | 45.30 |
| Profit before tax | 1,058 | 1,049 | 842 | 921 | 801 | 961 | 617 | 590 |
| Tax | 262 | 264 | 212 | 228 | 201 | 226 | 152 | 145 |
| Net profit | 797 | 786 | 630 | 693 | 600 | 734 | 464 | 445 |
| EPS (₹) | 51.94 | 52.00 | 41.19 | 45.46 | 39.21 | 48.13 | 30.31 | 29.14 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 28,884 | 22,408 | 18,039 | 14,108 | 12,204 | 8,792 | 8,830 |
| Revenue growth | +27.9% | +25.1% | +26.8% | +12.1% | +42.4% | -0.3% | +9.5% |
| Other income | 236 | 208 | 221 | 133 | 162 | 164 | 92.79 |
| Total expenses | 24,878 | 19,448 | 15,548 | 12,265 | 10,941 | 7,681 | 7,702 |
| Employee cost | 879 | 737 | 610 | 457 | 407 | 354 | 366 |
| EBITDA | 4,006 | 2,960 | 2,492 | 1,843 | 1,263 | 1,111 | 1,128 |
| EBITDA margin | +13.9% | +13.2% | +13.8% | +13.1% | +10.4% | +12.6% | +12.8% |
| Depreciation | 386 | 298 | 245 | 209 | 202 | 176 | 161 |
| Interest | 243 | 169 | 108 | 59.76 | 35.19 | 42.69 | 49.54 |
| Profit before tax | 3,613 | 2,701 | 2,359 | 1,707 | 1,188 | 1,056 | 1,010 |
| Tax | 905 | 655 | 556 | 425 | 271 | 170 | 244 |
| Net profit | 2,515 | 1,930 | 1,717 | 1,214 | 892 | 870 | 747 |
| Net profit margin | +8.7% | +8.6% | +9.5% | +8.6% | +7.3% | +9.9% | +8.5% |
| EPS (₹) | 177.48 | 134.28 | 118.75 | 84.80 | 60.80 | 59.15 | 50.98 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 151 | 150 | 150 | 150 | 149 | 149 | 149 |
| Reserves & surplus | 11,856 | 9,674 | 8,036 | 6,481 | 5,394 | 4,604 | 3,688 |
| Shareholders' funds (net worth) | 12,009 | 9,825 | 8,187 | 6,631 | 5,544 | 4,754 | 3,836 |
| Minority interest | 118 | 81.77 | 56.21 | 37.38 | 25.07 | 18.83 | 15.00 |
| Secured loans | 130 | 101 | 89.77 | 40.11 | 6.59 | 160 | 82.91 |
| Unsecured loans | 105 | 101 | 71.32 | 151 | 112 | 122 | 74.15 |
| Total debt | 236 | 202 | 161 | 191 | 118 | 282 | 157 |
| Total liabilities | 12,574 | 10,250 | 8,544 | 6,921 | 5,734 | 5,115 | 4,081 |
| Assets | |||||||
| Gross block | 5,755 | 4,688 | 3,744 | 3,247 | 2,669 | 2,699 | 2,066 |
| Net block | 3,740 | 3,011 | 2,338 | 2,067 | 1,675 | 1,870 | 1,422 |
| Capital work in progress | 1,139 | 708 | 578 | 251 | 375 | 99.05 | 241 |
| Investments | 3,405 | 1,749 | 1,822 | 1,350 | 773 | 635 | 65.48 |
| Inventories | 5,560 | 3,661 | 3,675 | 2,951 | 2,200 | 1,988 | 1,925 |
| Sundry debtors | 3,758 | 2,596 | 2,047 | 1,247 | 1,296 | 1,436 | 1,434 |
| Cash & bank balances | 882 | 771 | 402 | 695 | 407 | 531 | 281 |
| Loans & advances | 1,052 | 542 | 767 | 665 | 474 | 195 | 370 |
| Total current assets | 11,253 | 7,570 | 6,892 | 5,558 | 4,377 | 4,150 | 4,010 |
| Total current liabilities | 7,849 | 3,421 | 3,480 | 2,462 | 1,651 | 1,858 | 1,863 |
| Net working capital | 3,404 | 4,149 | 3,411 | 3,097 | 2,726 | 2,291 | 2,147 |
| Total assets | 12,574 | 10,250 | 8,544 | 6,921 | 5,734 | 5,115 | 4,081 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 217 | 276 | 119 | 122 | 238 | 172 | 179 |
| Net cash from operating activities | 3,811 | 1,809 | 1,296 | 1,428 | 512 | 1,252 | 244 |
| Net cash from investing activities | (2,850) | (1,239) | (752) | (1,203) | (427) | (1,012) | (262) |
| Net cash from financing activities | (799) | (628) | (387) | (227) | (201) | (175) | 11.01 |
| Net change in cash | 162 | (59.06) | 157 | (2.20) | (116) | 65.56 | (6.90) |
| Closing cash | 882 | 771 | 402 | 695 | 407 | 531 | 281 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +28.9% | +24.2% | +27.9% | +15.6% | +38.8% | -0.4% | +10.6% |
| EBITDA growth | +35.3% | +18.8% | +35.2% | +46.0% | +13.6% | -1.5% | +18.6% |
| PBT growth | +33.8% | +14.5% | +38.2% | +43.7% | +12.5% | +4.6% | +33.6% |
| Net income growth | +30.3% | +12.4% | +41.4% | +36.1% | +2.6% | +16.5% | +49.8% |
| Revenue CAGR (3Y) | +27.0% | +22.5% | +27.1% | +16.9% | +15.2% | +9.1% | +17.1% |
| EBITDA CAGR (3Y) | +29.5% | +32.9% | +30.9% | +17.8% | +9.9% | +15.1% | +33.0% |
| Profitability & leverage | |||||||
| Net income margin | +9.4% | +9.1% | +10.0% | +9.1% | +7.5% | +10.1% | +8.7% |
| Return on capital employed | +34.1% | +30.8% | +32.1% | +28.1% | +22.6% | +24.0% | +29.3% |
| Return on net worth | +24.8% | +22.7% | +24.3% | +21.1% | +17.8% | +20.6% | +22.9% |
| Debt / equity | 0.02 | 0.02 | 0.02 | 0.03 | 0.04 | 0.05 | 0.06 |
| Long-term debt / equity | 0.01 | 0.01 | 0.00 | 0.00 | 0.01 | 0.02 | 0.01 |
| Interest cover | 6.71 | 6.35 | 4.82 | 3.66 | 3.32 | 4.57 | 5.12 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 5.53 | 5.32 | 5.16 | 4.77 | 4.55 | 3.69 | 4.58 |
| Inventory turnover | 6.26 | 6.11 | 5.44 | 5.48 | 5.83 | 4.49 | 4.50 |
| Debtors turnover | 9.09 | 9.65 | 10.95 | 11.10 | 8.93 | 6.13 | 6.38 |
| EPS (₹) | 177.48 | 134.28 | 118.75 | 84.80 | 60.80 | 59.15 | 50.98 |
| Dividend per share (₹) | 47.00 | 35.00 | 30.00 | 20.00 | 14.00 | 10.00 | 7.00 |
| Book value per share (₹) | 797.51 | 653.14 | 544.89 | 442.75 | 370.91 | 318.77 | 257.69 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8,034 | 8,585 | 7,519 | 6,340 | 5,704 | 6,862 | 5,105 | 5,366 |
| Revenue growth (YoY) | +40.9% | +25.1% | +47.3% | +18.2% | +24.0% | +26.3% | +13.1% | +26.1% |
| Other income | 103 | 58.07 | 43.23 | 50.69 | 82.48 | 53.91 | 24.61 | 77.63 |
| Total expenses | 6,943 | 7,474 | 6,573 | 5,355 | 4,899 | 5,862 | 4,406 | 4,761 |
| EBITDA | 1,092 | 1,111 | 946 | 985 | 805 | 1,000 | 699 | 605 |
| EBITDA margin | +13.6% | +12.9% | +12.6% | +15.5% | +14.1% | +14.6% | +13.7% | +11.3% |
| Depreciation | 99.34 | 94.35 | 103 | 93.27 | 82.25 | 77.41 | 75.50 | 69.49 |
| Interest | 77.43 | 71.81 | 65.80 | 45.93 | 49.02 | 29.85 | 47.65 | 42.39 |
| Profit before tax | 1,018 | 1,003 | 821 | 896 | 756 | 947 | 601 | 571 |
| Tax | 251 | 252 | 207 | 221 | 188 | 221 | 148 | 140 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 28,185 | 22,052 | 18,051 | 13,914 | 12,098 | 8,736 | 8,807 |
| Revenue growth | +26.8% | +22.9% | +29.0% | +11.5% | +42.0% | -0.6% | +10.0% |
| Other income | 227 | 207 | 220 | 136 | 215 | 120 | 93.46 |
| Total expenses | 24,338 | 19,190 | 15,614 | 12,103 | 10,858 | 7,646 | 7,690 |
| Employee cost | 814 | 695 | 587 | 444 | 395 | 349 | 362 |
| EBITDA | 3,847 | 2,862 | 2,436 | 1,811 | 1,240 | 1,091 | 1,117 |
| EBITDA margin | +13.7% | +13.0% | +13.5% | +13.0% | +10.3% | +12.5% | +12.7% |
| Depreciation | 373 | 288 | 237 | 206 | 197 | 174 | 159 |
| Interest | 233 | 161 | 100 | 56.08 | 33.42 | 41.12 | 47.90 |
| Profit before tax | 3,468 | 2,620 | 2,319 | 1,685 | 1,225 | 995 | 1,003 |
| Tax | 867 | 633 | 549 | 416 | 294 | 164 | 242 |
| Net profit | 2,446 | 1,841 | 1,703 | 1,213 | 822 | 819 | 748 |
| Net profit margin | +8.7% | +8.4% | +9.4% | +8.7% | +6.8% | +9.4% | +8.5% |
| EPS (₹) | 172.76 | 132.06 | 117.79 | 84.73 | 62.32 | 55.75 | 51.11 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 151 | 150 | 150 | 150 | 149 | 149 | 149 |
| Reserves & surplus | 11,692 | 9,585 | 7,993 | 6,455 | 5,371 | 4,558 | 3,689 |
| Shareholders' funds (net worth) | 11,844 | 9,735 | 8,144 | 6,605 | 5,521 | 4,707 | 3,840 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.52 | 71.41 |
| Unsecured loans | 89.21 | 75.94 | 51.24 | 35.85 | 111 | 122 | 74.15 |
| Total debt | 89.21 | 75.94 | 51.24 | 35.85 | 111 | 125 | 146 |
| Total liabilities | 12,136 | 9,946 | 8,290 | 6,703 | 5,678 | 4,878 | 4,058 |
| Assets | |||||||
| Gross block | 5,586 | 4,557 | 3,671 | 3,200 | 2,601 | 2,389 | 2,044 |
| Net block | 3,603 | 2,904 | 2,275 | 2,026 | 1,619 | 1,581 | 1,395 |
| Capital work in progress | 1,130 | 701 | 537 | 249 | 374 | 98.47 | 241 |
| Investments | 3,365 | 1,717 | 1,824 | 1,382 | 813 | 697 | 86.19 |
| Inventories | 5,363 | 3,299 | 3,253 | 2,867 | 2,147 | 1,951 | 1,906 |
| Sundry debtors | 3,733 | 2,849 | 2,299 | 1,221 | 1,293 | 1,431 | 1,439 |
| Cash & bank balances | 765 | 710 | 308 | 646 | 391 | 488 | 277 |
| Loans & advances | 1,101 | 534 | 848 | 655 | 472 | 224 | 362 |
| Total current assets | 10,963 | 7,392 | 6,709 | 5,389 | 4,303 | 4,095 | 3,985 |
| Total current liabilities | 7,771 | 3,343 | 3,416 | 2,483 | 1,605 | 1,815 | 1,852 |
| Net working capital | 3,193 | 4,049 | 3,292 | 2,906 | 2,697 | 2,280 | 2,133 |
| Total assets | 12,136 | 9,946 | 8,290 | 6,703 | 5,678 | 4,878 | 4,058 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 200 | 225 | 122 | 114 | 197 | 170 | 178 |
| Net cash from operating activities | 3,747 | 1,803 | 1,292 | 1,452 | 461 | 1,175 | 234 |
| Net cash from investing activities | (2,820) | (1,161) | (762) | (1,188) | (360) | (1,038) | (257) |
| Net cash from financing activities | (776) | (667) | (396) | (256) | (185) | (110) | 15.51 |
| Net change in cash | 152 | (24.23) | 133 | 8.15 | (83.59) | 27.37 | (7.70) |
| Closing cash | 765 | 710 | 308 | 646 | 391 | 488 | 277 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +27.8% | +22.2% | +29.7% | +15.0% | +38.5% | -0.8% | +10.9% |
| EBITDA growth | +34.4% | +17.5% | +34.5% | +46.1% | +13.7% | -2.3% | +17.8% |
| PBT growth | +32.4% | +13.0% | +37.6% | +37.6% | +23.0% | -0.8% | +32.6% |
| Net income growth | +32.9% | +8.2% | +40.4% | +47.6% | +0.3% | +9.5% | +49.6% |
| Revenue CAGR (3Y) | +26.5% | +22.2% | +27.4% | +16.5% | +15.1% | +8.9% | +17.0% |
| EBITDA CAGR (3Y) | +28.6% | +32.2% | +30.7% | +17.5% | +9.4% | +14.7% | +32.8% |
| Profitability & leverage | |||||||
| Net income margin | +9.2% | +9.0% | +9.8% | +9.1% | +7.7% | +9.5% | +8.6% |
| Return on capital employed | +33.5% | +30.5% | +32.3% | +28.1% | +21.1% | +23.2% | +29.2% |
| Return on net worth | +24.1% | +22.2% | +24.0% | +20.9% | +16.1% | +19.5% | +22.8% |
| Debt / equity | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.03 | 0.06 |
| Long-term debt / equity | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Interest cover | 6.70 | 6.27 | 4.57 | 3.49 | 3.20 | 4.48 | 5.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 5.56 | 5.36 | 5.25 | 4.80 | 4.85 | 3.94 | 4.63 |
| Inventory turnover | 6.51 | 6.73 | 5.90 | 5.55 | 5.90 | 4.53 | 4.53 |
| Debtors turnover | 8.56 | 8.57 | 10.26 | 11.07 | 8.88 | 6.09 | 6.33 |
| EPS (₹) | 172.76 | 132.06 | 117.79 | 84.73 | 62.32 | 55.75 | 51.11 |
| Dividend per share (₹) | 47.00 | 35.00 | 30.00 | 20.00 | 14.00 | 10.00 | 7.00 |
| Book value per share (₹) | 786.59 | 647.16 | 542.05 | 441.03 | 369.38 | 315.64 | 257.76 |
Shareholding Pattern of Polycab India Limited
As per the shareholding pattern for the quarter ended Jun 2026, promoters hold 61.50%, foreign institutional investors hold 19.00%, domestic institutional investors hold 7.60%, retail and other public shareholders hold 11.90% of Polycab India Limited.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | |
|---|---|---|---|---|
| Promoters | 61.50% | 61.50% | 61.50% | 61.50% |
| Public | 38.50% | 38.50% | 38.50% | 38.50% |
Group Structure of Polycab India Limited
Polycab India Limited has 6 subsidiary companies and 1 joint venture. This group structure data is as of FY 2024. The corporate group structure reflects Polycab India Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Tirupati Reels Private Limited | U20232DL2015PTC275797 | - |
| Dowells Cable Accessories Private Limited | U28910GJ2015PTC146497 | - |
| Steel Matrix Private Limited | U28999GJ2021PTC127181 | - |
| Uniglobus Electricals And Electronics Private Limited | U31904GJ2021PTC121563 | - |
| Polycab Electricals & Electronics Private Limited | U31904MH2020PTC339032 | - |
| Polycab Support Force Private Limited | U74999GJ2021PTC121124 | - |
Showing major subsidiaries. Total: 6.
Charges & Borrowings of Polycab India Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 May 2024 | State Bank of India | ₹964 Cr | Open |
| 10 Sep 2014 | Sbicap Trustee Company Limited | ₹8,000 Cr | Open |
| 28 Dec 2021 | Others | ₹43.78 Cr | Satisfied |
| 11 Jan 2019 | Standard Chartered Bank | ₹387.61 Cr | Satisfied |
| 17 Nov 2016 | Sbicap Trustee Company Limited | ₹125 Cr | Satisfied |
Total charge records: 34 View all charges
Employees and EPFO Compliance at Polycab India Limited
Polycab India Limited has a workforce of 4,746 employees as of Nov 14, 2024.
Employee and EPFO history for Polycab India Limited
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GST Compliance of Polycab India Limited
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Credit Ratings, Litigation & Regulatory Alerts for Polycab India Limited
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MSME Payment Delays by Polycab India Limited
MSME payment history for Polycab India Limited
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Subsidiaries & Group Companies of Polycab India Limited
Corporate group structure for Polycab India Limited
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MCA Filings & Documents of Polycab India Limited
MCA filings and documents for Polycab India Limited
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Recent Activity on Polycab India Limited
Recent News on Polycab India Limited
Frequently Asked Questions about Polycab India Limited
Polycab India Limited is an active public limited company in the consumer electronics and durables sector based in Panchamahal, Gujarat, India. It was incorporated on 10 January 1996 (30+ years old) and is registered under CIN L31300GJ1996PLC114183. The company has 4,746 employees.
Polycab India Limited reported revenue of ₹28,884 Cr for FY 2025-26 (up 28.9% YoY) based on consolidated financials.
The current directors and KMP of Polycab India Limited are:
- Bhaskar Sharma - Director
- Manju Agarwal - Director
- Inder Thakurdas Jaisinghani - Managing Director
- Rakesh Chandrakant Talati - Whole-Time Director
- Sutapa Banerjee - Director
- Manita Carmen Albert Gonsalves - Company Secretary
- Sumit Malhotra - Director
- Vijay Pratap Pandey - Whole-Time Director
- Nikhil Ramesh Jaisinghani - Whole-Time Director
- Niyant Rohit Maru - Cfo
- Bharat Ajay Jaisinghani - Whole-Time Director
- Tilokchand Punamchand Ostwal - Director
The primary industry of Polycab India Limited is consumer electronics and durables. The company specifically operates in electronics manufacturing. The company is currently active in this sector.
Yes, Polycab India Limited is a listed company.
Polycab India Limited can be reached at the registered office: Unit 4 Plot No 105 Halol Vadodara Road Village Nurpura Taluka Halol, Panchamahal, Gujarat, India – 389350, or through the website polycab.com.