According to the latest regulatory filing submitted to the National Stock Exchange of India (NSE), Polycab India Limited has achieved its highest-ever yearly and quarterly revenue and profitability for the financial year ending March 31, 2026. The company reported record revenue of ₹285 billion for FY26, marking a 29% year-on-year increase from ₹224.08 billion in FY25. In the fourth quarter of FY26, Polycab's revenue stood at ₹88.65 billion, reflecting a 27% year-on-year growth. The company's EBITDA for the year was ₹40.06 billion, up 35% from the previous year, with margins at 13.9%. The profit after tax (PAT) increased by 32% to ₹27.08 billion, with a PAT margin of 9.4%. As per Upstox Securities, the company also announced a ₹47 per share dividend for shareholders, subject to approval at the upcoming annual general meeting.
As reported in the regulatory filing, the Wires & Cables (W&C) segment was a significant contributor to this growth, with revenues rising 33% year-on-year to ₹251.79 billion. The Fast-Moving Electrical Goods (FMEG) business also performed well, with revenues growing 25% year-on-year to ₹20.69 billion. However, the EPC business saw a 13% decline in revenue. The company's international business showed robust growth, contributing 5.4% to the consolidated revenue. Commenting on the performance, Mr. Inder T. Jaisinghani, Chairman and Managing Director of Polycab India, highlighted the company's strong execution and market share gains, noting that the success of Project Spring had structurally strengthened Polycab's competitive position.
According to the regulatory filing, Polycab India ended the year with a net cash position of ₹41.9 billion, up from ₹24.6 billion the previous year. This substantial improvement in the company's financial position reflects strong cash generation capabilities and effective working capital management. The company's robust balance sheet provides a solid foundation for continued growth investments and shareholder returns.
According to reports from Upstox Securities, Polycab India's board has recommended a ₹47 per share dividend issue for shareholders. The dividend is subject to approval at the company's upcoming annual general meeting. This dividend declaration represents the company's commitment to returning value to its shareholders through regular cash distributions. Following the meeting held on May 6, 2026, the Board of Directors announced this significant payout proposal. The proposed dividend represents a 470% payout on the face value of ₹10 per share, translating to a total dividend rate of ₹47 for the 2025-26 fiscal year. This dividend declaration comes as part of Polycab India's regular shareholder return strategy, reflecting the company's commitment to maintaining consistent dividend payments to its shareholder base.
As reported in the regulatory filing, the Board of Directors proposed a dividend of ₹47 per share for FY26, representing a 470% payout of the company's face value. This aligns with the Project Spring goal of increasing the dividend payout to over 30% by FY30. The dividend recommendation is subject to approval at the company's upcoming annual general meeting, with the payment to be processed within 30 days following the meeting. Further details regarding the Book Closure and Record Date to determine shareholder eligibility will be communicated by the company in due course.
