Polycab India Limited

BSE: 542652 NSE: POLYCAB
Polycab India Limited - consumer electronics & durables in Panchamahal, Gujarat, India. FY 2026 financials & compliance.
CIN L31300GJ1996PLC114183 Incorporated 10 January 1996 ROC Ahmedabad HQ Panchamahal, Gujarat, India
Active Listed - NSE: POLYCAB · BSE: 542652 Public Limited Company consumer electronics and durables Fortune India 500 · #122 India's Most Valuable Nifty 500
Data last updated
Market Cap
₹1,18,290 Cr
POLYCAB · NSE
Share Price
₹7,871.00
+0.28% today
Revenue
₹28,884 Cr
FY 2025-26 · +28.9% YoY
EBITDA
₹4,006 Cr
Margin 13.9%
Net Profit
₹2,515 Cr
FY 2025-26 · +30.3% YoY
P/E (TTM)
37.9x
P/B 9.1x
ROE
24.8%
ROCE 34.1%
Debt / Equity
0.02
Interest cover 6.7x

About Polycab India Limited

Data last updated:

Polycab India Limited is a public limited company based in Panchamahal, Gujarat, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 10 January 1996 and has been in existence for over 30 years.

Polycab India is ranked #122 on the Fortune India 500 (2025). It is part of the Nifty 500 and BSE 500 indices. Its director Inder Jaisinghani is #150 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L31300GJ1996PLC114183. Its GSTIN is 24AAACP6474E1ZJ (Gujarat). The company holds 33 GST registrations, of which 30 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 542652 and NSE: POLYCAB.

The company has an authorised share capital of ₹2,292.5 Cr and a paid-up capital of ₹150.71 Cr. It was formerly known as Polycab Enterprises Limited and Polycab Limited. It is led by directors including Inder Thakurdas Jaisinghani (Managing Director) and Bharat Ajay Jaisinghani (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 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. For the same year it recorded a net profit of ₹2,514.72 Cr (net margin 8.7%) and EBITDA of ₹4,005.73 Cr (EBITDA margin 13.9%). The net worth stands at ₹12,009 Cr (up 22.2% YoY). Total assets are valued at ₹12,574 Cr (up 22.7% YoY).

The company has about 4,746 employees on its provident fund (EPFO) records. Its group structure includes 6 subsidiaries and 1 joint venture.

The company is associated with 1 brand: Polycab. As per MCA filings, the company has open charges of ₹12,964 Cr and satisfied charges of ₹7,804.34 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.

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.

Company details

CIN L31300GJ1996PLC114183
Registration Number 114183
Incorporation Date 10 January 1996
ROC Ahmedabad
Listing Status Listed - Listed on NSE (POLYCAB); Listed on BSE (542652)
Company Status Active
Date of Last AGM 30 June 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Name history

Polycab India has undergone 4 name changes throughout its history. The current legal name is Polycab India Limited.

Company NameStatus
Polycab India LimitedCurrent
Polycab Enterprises LimitedPrevious
Polycab LimitedPrevious
Polycab Wires Private LimitedPrevious
Polycab Wires LimitedPrevious

CIN history

Polycab India 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.

CINStatus
L31300GJ1996PLC114183Current
U31300DL1996PLC266483Previous
U31300DL1996PTC266483Previous
Key People
Inder Thakurdas Jaisinghani Managing Director Bharat Ajay Jaisinghani Whole-Time Director Nikhil Ramesh Jaisinghani Whole-Time Director

Recognitions & Rankings of Polycab India

Fortune India 500 2025 edition
Rank#122
Total income
₹23,068 Cr
Profit
₹2,020 Cr
Last year #130
India's Most Valuable Companies 2025 edition · Source: Hurun India
Revenue
₹22,616 Cr
2024 #55 2023 #57 2022 #98
India's Richest People 2026 edition · 1 director · Source: Hurun India
Stock market indices
Nifty 500 BSE 500

Contact details

Polycab India Limited's registered office is in Panchamahal, Gujarat. Its website is polycab.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    polycab.com
  • Social Media
  • Registered Address
    Unit 4 Plot No 105 Halol Vadodara Road Village Nurpura Taluka Halol, Panchamahal, Gujarat, India – 389350
  • Industry
    Consumer Electronics & Durables, Electronics Manufacturing

To see the full contact details of Polycab India Limited, buy the company report.

Comprehensive company report
Polycab India Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Polycab India operates one associated brand: Polycab. Each brand links to its own profile.

BrandDescriptionWebsite
Polycab
Wires and cables are manufactured for electrical house wiring solutions.polycab.com

Business activity

The main business activity of Polycab India is manufacturing. In detail, this covers other manufacturing.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing32Other manufacturing

To see the full business activity and turnover split of Polycab India Limited, buy the company report.

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 · Consolidated
Revenue
₹28,884 Cr
+28.9% YoY
EBITDA
₹4,006 Cr
+35.3% YoY
Profit After Tax
₹2,515 Cr
+30.3% YoY
Net Worth
₹12,009 Cr
+22.2% YoY
Total Assets
₹12,574 Cr
+22.7% YoY
Total Debt
₹236 Cr
+16.3% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue28,88422,40818,03914,10812,2048,7928,830
Revenue growth+28.9%+24.2%+27.9%+15.6%+38.8%-0.4%-
EBITDA4,0062,9602,4921,8431,2631,1111,128
EBITDA margin+13.9%+13.2%+13.8%+13.1%+10.4%+12.6%+12.8%
Profit before tax3,6132,7012,3591,7071,1881,0561,010
Net profit2,5151,9301,7171,214892870747
Net profit margin+8.7%+8.6%+9.5%+8.6%+7.3%+9.9%+8.5%
EPS (₹)177.48134.28118.7584.8060.8059.1550.98
Balance sheet
Total assets12,57410,2508,5446,9215,7345,1154,081
Net worth12,0099,8258,1876,6315,5444,7543,836
Total debt236202161191118282157
Cash & bank882771402695407531281
Net working capital3,4044,1493,4113,0972,7262,2912,147
Cash flow
Cash from operations3,8111,8091,2961,4285121,252244
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
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue9,8998,2108,8647,6366,4775,9066,9865,226
Revenue growth (YoY)+52.8%+39.0%+26.9%+46.1%+17.8%+25.7%--
Other income88.3710560.4250.4645.4379.9548.0725.01
EBITDA1,4221,1361,1619661,0218581,025720
EBITDA margin+14.4%+13.8%+13.1%+12.7%+15.8%+14.5%+14.7%+13.8%
Depreciation11110397.8010696.7885.7080.3678.56
Interest93.6080.0274.6468.7348.4151.2632.5449.79
Profit before tax1,3061,0581,049842921801961617
Tax316262264212228201226152
Net profit990797786630693600734464
EPS (₹)64.7851.9452.0041.1945.4639.2148.1330.31
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue28,18522,05218,05113,91412,0988,7368,807
Revenue growth+27.8%+22.2%+29.7%+15.0%+38.5%-0.8%-
EBITDA3,8472,8622,4361,8111,2401,0911,117
EBITDA margin+13.7%+13.0%+13.5%+13.0%+10.3%+12.5%+12.7%
Profit before tax3,4682,6202,3191,6851,2259951,003
Net profit2,4461,8411,7031,213822819748
Net profit margin+8.7%+8.4%+9.4%+8.7%+6.8%+9.4%+8.5%
EPS (₹)172.76132.06117.7984.7362.3255.7551.11
Balance sheet
Total assets12,1369,9468,2906,7035,6784,8784,058
Net worth11,8449,7358,1446,6055,5214,7073,840
Total debt89.2175.9451.2435.85111125146
Cash & bank765710308646391488277
Net working capital3,1934,0493,2922,9062,6972,2802,133
Cash flow
Cash from operations3,7471,8031,2921,4524611,175234
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
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue9,8408,0348,5857,5196,3565,7046,8625,105
Revenue growth (YoY)+54.8%+40.9%+25.1%+47.3%+18.5%+24.0%--
Other income86.0810358.0743.2346.8882.4853.9124.61
Total expenses8,4576,9437,4746,5735,3714,8995,8624,406
EBITDA1,3831,0921,1119469858051,000699
EBITDA margin+14.1%+13.6%+12.9%+12.6%+15.5%+14.1%+14.6%+13.7%
Depreciation10599.3494.3510393.7682.2577.4175.50
Interest90.3977.4371.8165.8045.9649.0229.8547.65
Profit before tax1,2741,0181,003821892756947601
Tax309251252207221188221148

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 07 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue9,8998,2108,8647,6366,4775,9066,9865,226
Revenue growth (YoY)+52.8%+39.0%+26.9%+46.1%+17.8%+25.7%--
Other income88.3710560.4250.4645.4379.9548.0725.01
EBITDA1,4221,1361,1619661,0218581,025720
EBITDA margin+14.4%+13.8%+13.1%+12.7%+15.8%+14.5%+14.7%+13.8%
Depreciation11110397.8010696.7885.7080.3678.56
Interest93.6080.0274.6468.7348.4151.2632.5449.79
Profit before tax1,3061,0581,049842921801961617
Tax316262264212228201226152
Net profit990797786630693600734464
EPS (₹)64.7851.9452.0041.1945.4639.2148.1330.31
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue28,88422,40818,03914,10812,2048,7928,830
Revenue growth+28.9%+24.2%+27.9%+15.6%+38.8%-0.4%-
Other income23620822113316216492.79
Total expenses24,87819,44815,54812,26510,9417,6817,702
Employee cost879737610457407354366
EBITDA4,0062,9602,4921,8431,2631,1111,128
EBITDA margin+13.9%+13.2%+13.8%+13.1%+10.4%+12.6%+12.8%
Depreciation386298245209202176161
Interest24316910859.7635.1942.6949.54
Profit before tax3,6132,7012,3591,7071,1881,0561,010
Tax905655556425271170244
Net profit2,5151,9301,7171,214892870747
Net profit margin+8.7%+8.6%+9.5%+8.6%+7.3%+9.9%+8.5%
EPS (₹)177.48134.28118.7584.8060.8059.1550.98
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital151150150150149149149
Reserves & surplus11,8569,6748,0366,4815,3944,6043,688
Shareholders' funds (net worth)12,0099,8258,1876,6315,5444,7543,836
Minority interest11881.7756.2137.3825.0718.8315.00
Secured loans13010189.7740.116.5916082.91
Unsecured loans10510171.3215111212274.15
Total debt236202161191118282157
Total liabilities12,57410,2508,5446,9215,7345,1154,081
Assets
Gross block5,7554,6883,7443,2472,6692,6992,066
Net block3,7403,0112,3382,0671,6751,8701,422
Capital work in progress1,13970857825137599.05241
Investments3,4051,7491,8221,35077363565.48
Inventories5,5603,6613,6752,9512,2001,9881,925
Sundry debtors3,7582,5962,0471,2471,2961,4361,434
Cash & bank balances882771402695407531281
Loans & advances1,052542767665474195370
Total current assets11,2537,5706,8925,5584,3774,1504,010
Total current liabilities7,8493,4213,4802,4621,6511,8581,863
Net working capital3,4044,1493,4113,0972,7262,2912,147
Total assets12,57410,2508,5446,9215,7345,1154,081
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash217276119122238172179
Net cash from operating activities3,8111,8091,2961,4285121,252244
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 cash162(59.06)157(2.20)(116)65.56(6.90)
Closing cash882771402695407531281
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+28.9%+24.2%+27.9%+15.6%+38.8%-0.4%-
EBITDA growth+35.3%+18.8%+35.2%+46.0%+13.6%-1.5%-
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%-
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 / equity0.020.020.020.030.040.050.06
Long-term debt / equity0.010.010.000.000.010.020.01
Interest cover6.716.354.823.663.324.575.12
Efficiency & per share
Fixed asset turnover5.535.325.164.774.553.694.58
Inventory turnover6.266.115.445.485.834.494.50
Debtors turnover9.099.6510.9511.108.936.136.38
EPS (₹)177.48134.28118.7584.8060.8059.1550.98
Dividend per share (₹)47.0035.0030.0020.0014.0010.007.00
Book value per share (₹)797.51653.14544.89442.75370.91318.77257.69
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue9,8408,0348,5857,5196,3565,7046,8625,105
Revenue growth (YoY)+54.8%+40.9%+25.1%+47.3%+18.5%+24.0%--
Other income86.0810358.0743.2346.8882.4853.9124.61
Total expenses8,4576,9437,4746,5735,3714,8995,8624,406
EBITDA1,3831,0921,1119469858051,000699
EBITDA margin+14.1%+13.6%+12.9%+12.6%+15.5%+14.1%+14.6%+13.7%
Depreciation10599.3494.3510393.7682.2577.4175.50
Interest90.3977.4371.8165.8045.9649.0229.8547.65
Profit before tax1,2741,0181,003821892756947601
Tax309251252207221188221148
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue28,18522,05218,05113,91412,0988,7368,807
Revenue growth+27.8%+22.2%+29.7%+15.0%+38.5%-0.8%-
Other income22720722013621512093.46
Total expenses24,33819,19015,61412,10310,8587,6467,690
Employee cost814695587444395349362
EBITDA3,8472,8622,4361,8111,2401,0911,117
EBITDA margin+13.7%+13.0%+13.5%+13.0%+10.3%+12.5%+12.7%
Depreciation373288237206197174159
Interest23316110056.0833.4241.1247.90
Profit before tax3,4682,6202,3191,6851,2259951,003
Tax867633549416294164242
Net profit2,4461,8411,7031,213822819748
Net profit margin+8.7%+8.4%+9.4%+8.7%+6.8%+9.4%+8.5%
EPS (₹)172.76132.06117.7984.7362.3255.7551.11
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital151150150150149149149
Reserves & surplus11,6929,5857,9936,4555,3714,5583,689
Shareholders' funds (net worth)11,8449,7358,1446,6055,5214,7073,840
Secured loans0.000.000.000.000.003.5271.41
Unsecured loans89.2175.9451.2435.8511112274.15
Total debt89.2175.9451.2435.85111125146
Total liabilities12,1369,9468,2906,7035,6784,8784,058
Assets
Gross block5,5864,5573,6713,2002,6012,3892,044
Net block3,6032,9042,2752,0261,6191,5811,395
Capital work in progress1,13070153724937498.47241
Investments3,3651,7171,8241,38281369786.19
Inventories5,3633,2993,2532,8672,1471,9511,906
Sundry debtors3,7332,8492,2991,2211,2931,4311,439
Cash & bank balances765710308646391488277
Loans & advances1,101534848655472224362
Total current assets10,9637,3926,7095,3894,3034,0953,985
Total current liabilities7,7713,3433,4162,4831,6051,8151,852
Net working capital3,1934,0493,2922,9062,6972,2802,133
Total assets12,1369,9468,2906,7035,6784,8784,058
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash200225122114197170178
Net cash from operating activities3,7471,8031,2921,4524611,175234
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 cash152(24.23)1338.15(83.59)27.37(7.70)
Closing cash765710308646391488277
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+27.8%+22.2%+29.7%+15.0%+38.5%-0.8%-
EBITDA growth+34.4%+17.5%+34.5%+46.1%+13.7%-2.3%-
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%-
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 / equity0.010.010.010.010.020.030.06
Long-term debt / equity0.010.000.000.000.000.000.01
Interest cover6.706.274.573.493.204.485.00
Efficiency & per share
Fixed asset turnover5.565.365.254.804.853.944.63
Inventory turnover6.516.735.905.555.904.534.53
Debtors turnover8.568.5710.2611.078.886.096.33
EPS (₹)172.76132.06117.7984.7362.3255.7551.11
Dividend per share (₹)47.0035.0030.0020.0014.0010.007.00
Book value per share (₹)786.59647.16542.05441.03369.38315.64257.76

To see the full year-wise statements and ratios of Polycab India Limited, buy the company report.

Board of directors of Polycab India Limited

Polycab India has 9 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Inder Thakurdas Jaisinghani
Also directs: Tamrica Industries Private Limited, Jaisingh Trading and Sales Corporation Private Limited
Managing Director20 Dec 199728 Years 10 MonthsCurrent
Bharat Ajay Jaisinghani
Also directs: Boon Sustainability Technologies LLP, Trilogeee Innovations Private Limited, FH Enable LLP and 5 more
Whole-Time Director13 May 20215 Years 5 MonthsCurrent
Nikhil Ramesh Jaisinghani
Also directs: Express Fido LLP, Boon Sustainability Technologies LLP, Vyom Partners LLP and 2 more
Whole-Time Director13 May 20215 Years 5 MonthsCurrent
Sutapa Banerjee
Also directs: Laurus Labs Limited, JSW Dulux Limited, Ideaforge Technology Limited and 5 more
Director13 May 20215 Years 5 MonthsCurrent
Tilokchand Punamchand Ostwal
Also directs: T.P.Ostwal & Associates LLP, T P Ostwal Maheshwari & Associates LLP, Mankind Pharma Limited and 5 more
Director20 Sep 20188 Years 1 MonthsCurrent
Manju Agarwal
Also directs: Gulf Oil Lubricants India Limited, Gocl Corporation Limited, Alivus Life Sciences Limited and 5 more
Director19 Jan 20233 Years 9 MonthsCurrent
Showing 6 of 9 current directors. View all directors

Auditor

Polycab India Limited is audited by B S R & Co. LLP for the financial year 2025.

Auditor firmFinancial yearFirm registration number
B S R & Co. LLPFY 2025101248W/W-100022

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 61.50%, foreign institutional investors hold 19.00%, domestic institutional investors hold 7.60% and retail and other public shareholders hold 11.90%.

Promoters: 61.50%DII (Domestic Institutional): 7.60%FII (Foreign Institutional): 19.00%Retail & Others: 11.90%
Sep 2026
QUARTER
61.50% Promoters
7.60% DII (Domestic Institutional)
19.00% FII (Foreign Institutional)
11.90% Retail & Others
Promoter holding - history
Now 61.50% · Sep 2026High 61.50% · Dec 2025Low 61.50% · Dec 2025
60%60.8%61.5%62.3%63%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 61.50%Mar 2026: 61.50%Jun 2026: 61.50%Sep 2026: 61.50%61.50%61.50%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters61.50%61.50%61.50%61.50%
Public38.50%38.50%38.50%38.50%

Charges & borrowings

Open charges
₹12,964 Cr
Satisfied charges
₹7,804.34 Cr
Breakdown by lending institutions
Sbicap Trustee Company Limited₹12,000.00 Cr
State Bank of India₹964.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
15 May 2024100927848State Bank of India₹964 CrOpen
10 Sep 201410523842Sbicap Trustee Company Limited₹12,000 CrOpen
28 Dec 2021100527046Others₹43.78 CrSatisfied
11 Jan 2019100236477Standard Chartered Bank₹387.61 CrSatisfied
17 Nov 2016100065408Sbicap Trustee Company Limited₹125 CrSatisfied

To see the full charge records of Polycab India Limited, buy the company report.

Total charge records: 34 View all charges

Credit ratings & regulatory alerts

Polycab India Limited was last rated by Indiarating on 29 Jun 2021.

Rating agencyRated onRating
Indiarating29 Jun 2021

To see the full credit ratings and regulatory alerts of Polycab India Limited, buy the company report.

MSME payment delays

Polycab India Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 684 overdue payments to 239 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 239)

SupplierAmount dueDue sinceReported on
an individual supplier
Speed Search and Security Networks Private Limited
Mobisy Technologies Private Limited
an individual supplier
an individual supplier

To see the full MSME payment records of Polycab India Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Polycab India has 6 subsidiary companies and 1 joint venture. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.

6
Subsidiary companies
1
Joint ventures
Key subsidiaries
Company NameCINShares held
Tirupati Reels Private LimitedU20232DL2015PTC275797
Dowells Cable Accessories Private LimitedU28910GJ2015PTC146497
Steel Matrix Private LimitedU28999GJ2021PTC127181
Uniglobus Electricals and Electronics Private LimitedU31904GJ2021PTC121563
Polycab Electricals & Electronics Private LimitedU31904MH2020PTC339032
Polycab Support Force Private LimitedU74999GJ2021PTC121124

To see the full group structure of Polycab India Limited, buy the company report.

Employees & EPFO

Polycab India Limited has a workforce of 4,746 employees on its EPFO records as of Nov 14, 2024, across 12 active EPFO establishments.

Employee count
4,746
Active EPFO establishments
12
Employee growth
5.3%

GST

Polycab India has 33 GST registrations: 30 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
33
Active
30
Cancelled / inactive
3
GSTINStateStatusRegistered on
24AAACP6474E1ZJGujaratActive01 Jul 2017
24AAACP6474E2ZIGujaratActive21 Mar 2023
24AAACP6474E1DSGujaratActive28 Oct 2024
02AAACP6474E1ZPHimachal PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Polycab India Limited, buy the company report.

Recent activity

Polycab India Limited has 28 board changes on record since 1997: 9 appointments and 19 cessations. The latest: Sumit Malhotra was appointed as Director on 22 Jan 2025.

Charges
A charge with Sbicap Trustee Company Limited of Rs. 12,000.00 Cr registered on 10 Sep 2014 with Charge ID 10523842 was modified on 03 Sep 2026.
AGM
Polycab India Limited last Annual general meeting of members was held on 30 Jun 2026 as per latest MCA records.
Filing
Polycab India Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Charges
A charge with State Bank Of India of Rs. 964.00 Cr registered on 15 May 2024 with Charge ID 100927848 was modified on 25 Nov 2025.
Appointed
Sumit Malhotra was appointed as Director.
Appointed
Vijay Pratap Pandey was appointed as Whole-Time Director.
Charges
A charge with State Bank Of India amounted to Rs. 964.00 Cr with Charge ID 100927848 was registered on 15 May 2024.
Appointed
Bhaskar Sharma was appointed as Director.
Ceased
Gandharv Tongia ceased to be Additional Director.
Appointed
Manju Agarwal was appointed as Director.
Charges
A charge registered on 28 Dec 2021 via Charge ID 100527046 with Others was fully satisfied on 22 Mar 2022.
Charges
A charge with Others amounted to Rs. 43.78 Cr with Charge ID 100527046 was registered on 28 Dec 2021.

97 earlier events are in the company report.

News

NCLAT Sets Aside Insolvency Proceedings Against Polycab India
30 Oct 2026 · Exchange Update
POLYCAB: Rs. 15.41 Crores NSE Block Trade; for ~ 19,918 Shares, at Rs. 7738.00
29 Oct 2026 · Exchange Update
Polycab India: Keeps FY30 Goals of 11-13% W&C EBITDA Margin and 8-10% FMEG EBITDA Margin; Expects EHV Plant to Start in FY28.
19 Oct 2026 · Exchange Update
Polycab: CLSA on Polycab India Maintains Outperform, Target Price ₹10,240; Q2FY27 revenue/EBITDA rose 53%/39% YoY, driven by 47% growth in cables and wires and more than doubling of FMEG revenue, which recorded its highest-ever margin; NCLAT has reserved its order on the company's appeal, while high Q3 comparisons and competition remain risks.
16 Oct 2026 · Exchange Update
Polycab: HSBC on Polycab India Maintains Buy, Target Price ₹10,550; commodity inflation, strong execution and margin expansion across wires and cables and FMEG drove an ~19% earnings beat; robust earnings growth is expected to continue, although intensifying competition in wires and cables remains a key risk.
16 Oct 2026 · Exchange Update
Polycab: Jefferies on Polycab India Maintains Buy, Target Price ₹11,040; sees Polycab as a play on power and capex, forecasting 22% FY26–29 EPS CAGR; domestic cables and wires sales rose 50% YoY in Q2 and FMEG revenue more than doubled, while cables and wires EBIT margin declined 90bps to 14.2% on a high base and FMEG EBIT margin reached a record 10%.
16 Oct 2026 · Exchange Update

Frequently asked questions

Polycab India is an active public limited company based in Panchamahal, Gujarat, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 10 January 1996 (30+ years old) and is registered under CIN L31300GJ1996PLC114183. Listed on BSE: 542652 and NSE: POLYCAB.

Polycab India reported revenue of ₹28,884 Cr for FY 2025-26 (up 28.9% YoY) based on consolidated financials.

Polycab India has 9 current directors:

The latest financial statements of Polycab India on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 June 2026. Year-wise statements from 2015 are in the company report.

The GSTIN of Polycab India is 24AAACP6474E1ZJ, registered in Gujarat. The company has 33 GST registrations in all, of which 30 are active and 3 are cancelled or inactive. Other active GSTINs include 24AAACP6474E2ZI (Gujarat), 24AAACP6474E1DS (Gujarat), 02AAACP6474E1ZP (Himachal Pradesh).

The CIN (Corporate Identification Number) of Polycab India is L31300GJ1996PLC114183. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Polycab India is a listed company as per MCA records. Its shares are listed on both BSE (code: 542652) and NSE (symbol: POLYCAB).

Polycab India has 2 court cases on record: 2 filed against it.

Polycab India was incorporated on 10 January 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Sumit Malhotra was appointed as Director on 22 Jan 2025. Vijay Pratap Pandey was appointed as Whole-Time Director on 22 Jan 2025. Bhaskar Sharma was appointed as Director on 12 May 2023. Polycab India has 28 board changes on record in total.

Polycab India has 14 MSME Form 1 returns on record between 2019 and 2024, listing 684 overdue payments to 239 micro and small suppliers. The latest return was filed on 01 May 2024.