Reports › Company profiles › Polycab India Limited
Polycab India Limited
Latest revenue
INR 14,708 crore
FY2024 · YoY: +14%
Employees
~15,000
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)
₹9,555
-137.50 (-1.42%) today
Source: Yahoo Finance · Refreshed every 15 minutes · Fetched 26/6/2026, 3:48:24 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.
Recent developments
May 2026Polycab India is actively engaged with investors, having rescheduled a meeting with 360 ONE Capital to May 29 and adding another investor meet on the same date [1,3,8]. The company has also expanded its corporate structure through the incorporation of a wholly owned subsidiary, Polycon Infra Projects [4]. Separately, the company's RCC Tower constructed for supporting its EHV cable manufacturing line has been qualified as Plant and Machinery by the AAR, enabling ITC benefits [2].
The company's stock recently hit a new 52-week high of ₹9,239.00, driven by strong Q4 results and a positive outlook [9]. Polycab has also ramped up its marketing efforts, appointing Kanishka Garbyal as Head of Digital Marketing [5,6,7] and recording an 81% year-on-year rise in advertising spends [10], indicating a strategic push towards digital brand building.
Sources (10)
- Polycab India Adds Investor Meet on May 29 - scanx.trade · scanx.trade · Tue, 19 May 2026
- RCC Tower Constructed for Supporting EHV Cable Manufacturing Line Qualifies as Plant and Machinery: AAR Allows ITC to Polycab India - Taxscan · Taxscan · Tue, 19 May 2026
- Polycab India Reschedules Investor Meeting with 360 ONE Capital to May 29 - Whalesbook · Whalesbook · Tue, 19 May 2026
- Polycab India Limited Incorporates Wholly Owned Subsidiary Polycon Infra Projects - Wire & Cable India · Wire & Cable India · Mon, 27 Apr 2026
- Kanishka Garbyal joins Polycab India Limited as Head of Digital Marketing - Exchange4Media · Exchange4Media · Fri, 15 May 2026
- Kanishka Garbyal joins Polycab India as Head of Digital Marketing - MediaNews4U · MediaNews4U · Sat, 16 May 2026
- Polycab India Appoints Kanishka Garbyal as Head of Digital Marketing - IMPACT Magazine · IMPACT Magazine · Fri, 15 May 2026
- Polycab India Institutional Investor Meeting Scheduled for May 2026 - InvestyWise · InvestyWise · Tue, 19 May 2026
- Polycab Shares hit a new 52-week high of ₹9,239.00, driven by strong Q4 results and positive outlook. - India Infoline · India Infoline · Thu, 14 May 2026
- Polycab India records an 81% year-on-year rise in advertising spends - PitchOnnet · PitchOnnet · Thu, 07 May 2026
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
Building or competing with Polycab?
KAMRIT advises promoters, family offices, and global enterprises evaluating greenfield entry into the cables sector. Our Bankable DPR with Cost Model and ROI benchmarks your project economics against the listed-company cost structure of Polycab and peers. The Execution Partnership tier covers everything from incorporation through commissioning. A 20-minute scoping call with our partners is free.
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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.