Reports › Company profiles › Polycab India Limited
Polycab India Limited
Sector: Cables, Wires, FMEG | HQ: Mumbai, Maharashtra | Founded: 1968 | Employees: ~5,500
Listed as: NSE / BSE listed | NSE / BSE | Ticker: POLYCAB.NS | Website →
Live stock price (NSE)
₹9,066
-17.50 (-0.19%) today
Source: Yahoo Finance · Refreshed every 15 minutes · Fetched 11/5/2026, 4:34:41 pm IST. For information only; not investment advice.
Key people
- Inder T. Jaisinghani (Chairman and Managing Director)
Company overview
Polycab India Limited is India's largest cables and wires manufacturer by revenue, with a fast-growing FMEG (fast-moving electrical goods) division. Founded in 1968 by the Jaisinghani family and headquartered in Mumbai, Polycab operates 25 manufacturing facilities across India. FY25 revenue approximately ₹21,500 crore.
Business model
Cables and Wires (housing wires, power cables, control cables, optical fibre cables) is the largest segment. FMEG (fans, lighting, switches, switchgear, water heaters, solar) is the higher-growth segment. Engineering, Procurement and Construction (EPC) is a smaller third segment.
Operating segments
Wires and Cables
India's largest by revenue. House wires, LT and HT power cables, control and instrumentation cables, optical fibre.
Fast-Moving Electrical Goods (FMEG)
Fans, lighting, switches, switchgear, water heaters, solar inverters. 17-19 percent CAGR target.
EPC
Power and lighting EPC for utility and industrial projects.
Financial performance and recent trajectory
FY25 revenue ₹21,500 crore. EBITDA margin 13-14 percent. Capex run-rate ₹1,000-1,500 crore.
Stock performance and shareholder context
Polycab (NSE: POLYCAB, BSE: 542652). Jaisinghani family promoter holding approximately 67 percent.
12-month price trajectory
Monthly closes over the last 12 months. Source: Yahoo Finance.
Competitive position
Largest in Indian cables and wires ahead of Havells, KEI Industries, Finolex Cables, RR Kabel.
Key risks
Copper and aluminium commodity price volatility; FMEG margin pressure; competitive intensity from Havells, RR Kabel.
Outlook
FMEG expansion is the growth driver. Capacity additions in EHV and OFC.
KAMRIT point of view
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Disclaimer: This profile is compiled by KAMRIT Financial Services LLP for educational and benchmarking purposes only. It is not investment advice, a recommendation to buy or sell securities, or a solicitation. Stock data is provided by Yahoo Finance and may be delayed by up to 20 minutes. Company financial commentary draws on publicly available filings, exchange disclosures, and KAMRIT industry research. Readers should consult a SEBI-registered investment adviser before making investment decisions. KAMRIT is a financial services and compliance firm, not a SEBI-registered investment adviser.