POLYCAB INDIA LIMITED (POLYCAB) financials

POLYCAB INDIA LIMITED (POLYCAB) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Polycab is India’s leading manufacturers of cables and wires and allied products such as uPVC conduits and lugs and glands. We have a range of cables and wires for practically every application. More recently Polycab has also launched a wide range of consumer electrical products like Fans, Switches, Switchgear, LED lights and Luminaries, Solar Inverters, and Pumps.

Market Cap: ₹1,23,866Cr.
Current Price: ₹8,219
Stock P/E: 40.0
ROE: 22.7%
ROCE: 32.9%
Book Value: ₹856
Dividend Yield: 0.57%
52W High / Low: ₹10,129/6,660

In Sep 2026, POLYCAB INDIA LIMITED (POLYCAB) reported sales ₹9,840 Cr and net profit ₹965 Cr.

Annual TTM: sales ₹33,978 Cr, net profit ₹3,096 Cr.

Shareholding: Promoters 61.46% (Jun 2026), FIIs 19.00% (Jun 2026), DIIs 7.62% (Jun 2026), Public 11.92% (Jun 2026), No. of Shareholders 3,56,777% (Jun 2026).

POLYCAB quarterly results (₹ Cr.)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Sales	5,105	6,862	5,704	6,356	7,519	8,585	8,034	9,840
Expenses	4,406	5,862	4,899	5,371	6,573	7,474	6,943	8,457
Operating Profit	699	1,000	805	985	946	1,111	1,092	1,383
OPM %	14%	15%	14%	15%	13%	13%	14%	14%
Other Income	25	54	82	47	43	58	103	86
Interest	48	30	49	46	66	72	77	90
Depreciation	76	77	82	94	103	94	99	105
Profit before tax	601	947	756	892	821	1,003	1,018	1,274
Tax %	25%	23%	25%	25%	25%	25%	25%	24%
Net Profit	453	726	568	671	614	750	766	965
EPS in Rs	30.11	48.29	37.73	44.58	40.82	49.85	50.87	64.05
Raw PDF	—	—	—	—	—	—	—	—

POLYCAB profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	8,807	8,736	12,098	13,914	18,051	22,052	28,185	33,978
Expenses	7,689	7,645	10,857	12,103	15,614	19,187	24,330	29,446
Operating Profit	1,118	1,091	1,241	1,811	2,436	2,865	3,855	4,532
OPM %	13%	12%	10%	13%	14%	13%	14%	13%
Other Income	92	120	214	136	220	204	220	290
Interest	48	41	33	56	100	161	233	305
Depreciation	159	174	197	206	237	288	373	401
Profit before tax	1,003	995	1,225	1,685	2,319	2,620	3,468	4,116
Tax %	24%	16%	24%	25%	24%	24%	25%	—
Net Profit	761	831	931	1,269	1,770	1,987	2,601	3,096
EPS in Rs	51.10	55.75	62.32	84.73	117.79	132.06	172.76	205.59
Dividend Payout %	14%	18%	22%	24%	25%	26%	27%	—

POLYCAB balance sheet (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	Sep 2026
Equity Capital	149	149	149	150	150	150	151	151
Reserves	3,691	4,558	5,371	6,456	7,994	9,585	11,694	12,748
Borrowings	146	125	111	36	51	76	89	94
Other Liabilities	1,942	1,894	1,676	2,585	3,562	3,568	8,020	10,174
Total Liabilities	5,928	6,727	7,307	9,227	11,758	13,379	19,954	23,167
Fixed Assets	1,395	1,581	1,619	2,026	2,275	2,904	3,603	3,786
CWIP	241	98	374	249	537	701	1,130	1,393
Investments	86	697	813	1,382	1,824	1,717	3,365	3,979
Other Assets	4,206	4,351	4,500	5,569	7,121	8,056	11,855	14,009
Total Assets	5,928	6,727	7,307	9,227	11,758	13,379	19,954	23,167

POLYCAB cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	1,224	234	1,175	461	1,452	1,292	1,803	3,747
Cash from Investing Activity	-396	-257	-1,038	-360	-1,188	-762	-1,161	-2,820
Cash from Financing Activity	-657	16	-110	-185	-256	-396	-667	-776
Net Cash Flow	171	-8	27	-84	8	133	-24	152
Free Cash Flow	953	-53	987	-38	1,005	473	882	2,308
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	148%	48%	129%	64%	100%	76%	84%	119%

POLYCAB shareholding pattern (%)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	63.06%	63.05%	63.04%	63.01%	61.53%	61.50%	61.50%	61.46%
FIIs	13.49%	12.76%	11.11%	11.45%	13.96%	14.82%	18.21%	19.00%
DIIs	9.35%	10.66%	10.95%	11.61%	11.70%	11.13%	7.95%	7.62%
Public	14.11%	13.52%	14.90%	13.94%	12.83%	12.54%	12.33%	11.92%
No. of Shareholders	3,84,949	3,74,787	4,27,928	3,98,064	3,70,871	3,62,580	3,62,997	3,56,777

POLYCAB key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	62	60	60	39	32	46	47	48
Inventory Days	127	115	111	84	102	92	78	97
Days Payable	97	81	75	46	71	79	64	108
Cash Conversion Cycle	92	93	97	77	63	59	61	37
Working Capital Days	45	71	71	67	59	60	55	31
ROCE %	28%	29%	23%	21%	27%	31%	30%	33%

POLYCABUpdated 18 Oct 2026, 2:12

Polycab India Limited

POLYCABUpdated 18 Oct 2026, 2:12

Market Cap

₹1,23,866Cr.

Current Price

₹8,219

High / Low

₹10,129/6,660

Stock P/E

40.0

ROE22.7%

ROCE32.9%

Book Value₹856

Face Value₹10.0

Dividend Yield0.57%

About

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Sep 2023	4256	24	3625	36	58	584	23	450	29.98
Dec 2023	4513	30	3892	71	60	602	24	459	30.58
Mar 2024	5433	23	4796	52	63	603	24	458	30.49
Jun 2024	4601	39	4042	60	65	515	25	388	25.78
Sep 2024	5366	42	4761	78	69	571	25	431	28.64
Dec 2024	5105	48	4406	25	76	601	25	453	30.11
Mar 2025	6862	30	5862	54	77	947	23	726	48.29
Jun 2025	5704	49	4899	82	82	756	25	568	37.73
Sep 2025	6356	46	5371	47	94	892	25	671	44.58
Dec 2025	7519	66	6573	43	103	821	25	614	40.82
Mar 2026	8585	72	7474	58	94	1003	25	750	49.85
Jun 2026	8034	77	6943	103	99	1018	25	766	50.87
Sep 2026	9840	90	8457	86	105	1274	24	965	64.05

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	4697	108	4263	5	97	234	33	157	11.13
Mar 2016	5203	147	4709	32	111	267	30	186	13.21
Mar 2017	5500	65	5023	75	127	360	35	232	16.45
Mar 2018	6759	92	6035	67	132	567	37	358	25.38
Mar 2019	7940	116	6992	64	140	757	34	501	35.51
Mar 2020	8807	48	7689	92	159	1003	24	761	51.1
Mar 2021	8736	41	7645	120	174	995	16	831	55.75
Mar 2022	12098	33	10857	214	197	1225	24	931	62.32
Mar 2023	13914	56	12103	136	206	1685	25	1269	84.73
Mar 2024	18051	100	15614	220	237	2319	24	1770	117.79
Mar 2025	22052	161	19187	204	288	2620	24	1987	132.06
Mar 2026	28185	233	24330	220	373	3468	25	2601	172.76
TTM	33978	305	29446	290	401	4116	—	3096	205.59

Shareholding pattern

As of Jun 2026%

Holder	Share
Promoters	61.46%
FIIs	19%
DIIs	7.62%
Public	11.92%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Sep 2023	65.91%	12.41%	8.08%	13.58%
Dec 2023	65.78%	13.41%	7.61%	13.18%
Mar 2024	65.24%	11.96%	7.23%	15.58%
Jun 2024	65.02%	13.63%	6.93%	14.42%
Sep 2024	63.06%	13.49%	9.35%	14.11%
Dec 2024	63.05%	12.76%	10.66%	13.52%
Mar 2025	63.04%	11.11%	10.95%	14.9%
Jun 2025	63.01%	11.45%	11.61%	13.94%
Sep 2025	61.53%	13.96%	11.7%	12.83%
Dec 2025	61.5%	14.82%	11.13%	12.54%
Mar 2026	61.5%	18.21%	7.95%	12.33%
Jun 2026	61.46%	19%	7.62%	11.92%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	141	1484	545	1154	3325	822	179	2	2322	3325
Mar 2016	141	1638	794	1305	3878	984	132	4	2758	3878
Mar 2017	141	1853	844	1722	4561	1113	165	37	3246	4561
Mar 2018	141	2207	789	1287	4424	1180	135	39	3070	4424
Mar 2019	141	2708	258	2488	5595	1255	186	43	4112	5595
Mar 2020	149	3691	146	1942	5928	1395	241	86	4206	5928
Mar 2021	149	4558	125	1894	6727	1581	98	697	4351	6727
Mar 2022	149	5371	111	1676	7307	1619	374	813	4500	7307
Mar 2023	150	6456	36	2585	9227	2026	249	1382	5569	9227
Mar 2024	150	7994	51	3562	11758	2275	537	1824	7121	11758
Mar 2025	150	9585	76	3568	13379	2904	701	1717	8056	13379
Mar 2026	151	11694	89	8020	19954	3603	1130	3365	11855	19954
Sep 2026	151	12748	94	10174	23167	3786	1393	3979	14009	23167

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	207	-176	-37	-6
Mar 2016	221	-251	41	10
Mar 2017	283	-269	-19	-5
Mar 2018	352	-178	-189	-15
Mar 2019	1224	-396	-657	171
Mar 2020	234	-257	16	-8
Mar 2021	1175	-1038	-110	27
Mar 2022	461	-360	-185	-84
Mar 2023	1452	-1188	-256	8
Mar 2024	1292	-762	-396	133
Mar 2025	1803	-1161	-667	-24
Mar 2026	3747	-2820	-776	152

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	84	95	80	70	62	60	60	39	32	46	47	48
Inventory Days	95	94	134	97	127	115	111	84	102	92	78	97
Days Payable	103	102	119	66	97	81	75	46	71	79	64	108
Cash Conversion Cycle	76	86	94	101	92	93	97	77	63	59	61	37
Working Capital Days	50	49	52	57	45	71	71	67	59	60	55	31
ROCE %	17%	18%	16%	22%	28%	29%	23%	21%	27%	31%	30%	33%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of POLYCAB INDIA LIMITED (POLYCAB)?

The reported market capitalisation for POLYCAB INDIA LIMITED (POLYCAB) is ₹1,23,866Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of POLYCAB?

The current price shown for POLYCAB INDIA LIMITED (POLYCAB) on Fincrux is ₹8,219 with a 52-week high/low of ₹10,129/6,660.

What is the P/E ratio of POLYCAB INDIA LIMITED (POLYCAB)?

The stock P/E for POLYCAB INDIA LIMITED (POLYCAB) is 40.0 on Fincrux, with ROE at 22.7% and ROCE at 32.9%.

What were POLYCAB latest quarterly results?

For Sep 2026, POLYCAB INDIA LIMITED (POLYCAB) reported sales ₹9,840 Cr and net profit ₹965 Cr (figures in ₹ crore unless noted).

What are POLYCAB annual sales and net profit?

For TTM, POLYCAB INDIA LIMITED (POLYCAB) shows sales of ₹33,978 Cr and net profit of ₹3,096 Cr on the Fincrux profit & loss statement.

Who owns POLYCAB INDIA LIMITED (POLYCAB)?

Latest shareholding for POLYCAB INDIA LIMITED (POLYCAB) on Fincrux: Promoters 61.46% (Jun 2026), FIIs 19.00% (Jun 2026), DIIs 7.62% (Jun 2026), Public 11.92% (Jun 2026), No. of Shareholders 3,56,777% (Jun 2026).

Where can I find POLYCAB INDIA LIMITED (POLYCAB) financials?

POLYCAB INDIA LIMITED (POLYCAB) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show POLYCAB balance sheet and cash flow?

Yes. The POLYCAB INDIA LIMITED (POLYCAB) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 18 October 2026 at 2:12