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Polycab India Ltd Q1 FY26 Results

POLYCABQ1 FY26 Results
Filing
MetricValue ( Cr)vs Q4 FY25
Revenue5.9K15.5%
Total Income6.0K14.9%
Expenditure5.2K14.6%
PBT800.5916.6%
Net Profit599.7018.3%
OPM14.52%0.16pp
NPM10.02%0.42pp
EPS39.3618.5%
View full financials

Polycab India Ltd Reports Highest Ever First Quarter Revenue, EBITDA & Profitability

17 Jul 2025 · 17 Jul 2025, 02:57 pm

Summary

Polycab India Ltd has announced its results for the first quarter ended June 30, 2025, reporting the highest-ever first-quarter revenue and profitability. The Wires and Cables business continued to perform well, while the Fast-Moving Electrical Goods (FMEG) segment maintained its positive trajectory. The EPC business, however, registered a de-growth.

Key Highlights

  1. 1

    Revenue at ₹ 59,060 Mn; up 26% YoY

  2. 2

    EBITDA at ₹ 8,576 Mn; up 47% YoY

  3. 3

    PAT at ₹ 5,997 Mn; up 49% YoY

  4. 4

    W&C segment achieved a 31% YoY growth

  5. 5

    Domestic business grew by 32% YoY

  6. 6

    International business grew 24% YoY

  7. 7

    FMEG business continued its healthy growth trajectory to register a 18% YoY growth

  8. 8

    EBITDA margins improved ~210 bps YoY to 14.5%

  9. 9

    PAT registered a strong growth of 49% YoY

  10. 10

    Net cash position stood at ₹ 31.0 Bn, against ₹ 16.4 Bn in the same quarter previous year

Management Comments

M

Mr. Inder T. Jaisinghani

We have started FY 2026 on a strong footing, delivering our highest-ever first-quarter revenue and profitability. Our Wires and Cables business continued to perform well, driven by sustained domestic demand, while our international business also delivered healthy year-on-year growth. The FMEG segment maintained its positive trajectory, marking its second consecutive profitable quarter, supported by a sharper focus on premium offerings and improved operating leverage. With continued momentum in government spending and improving project execution on the ground, we are confident in our ability to capitalise on the opportunities that lie ahead. As we progress on our five-year roadmap under Project Spring, we remain sharply focused on the strategic pillars that will drive the next phase of Polycab’s growth and transformation.

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