Polycab India Strong Financial Performance for FY2026 with 470% Dividend Recommendation

Polycab India Limited has reported a strong performance for the financial year ended March 31, 2026. The company achieved a consolidated annual revenue of ₹2,88,837.92 million and a profit after tax of ₹27,084.27 million. Reflecting this robust growth, the Board of Directors has recommended a final dividend of ₹47 per equity share, representing a 470% payout, subject to shareholder approval.

Annual Financial Highlights

Polycab India has concluded the financial year 2025-26 with significant growth across its consolidated operations. Total annual revenue from operations surged to ₹2,88,837.92 million, compared to ₹2,24,083.13 million in the previous year. The consolidated profit for the period reached ₹27,084.27 million, up from ₹20,455.37 million in FY2025, showcasing the company’s strong market position.

Segment Performance

The company’s primary revenue driver, Wires and Cables, recorded an impressive annual revenue of ₹2,55,344.18 million. The FMEG segment contributed ₹20,693.28 million to the total, while the EPC segment added ₹16,664.96 million. The company continues to maintain a strong asset base, with consolidated total assets now valued at ₹2,04,761.90 million.

Leadership and Governance Updates

The Board of Directors announced several key leadership changes to optimize organizational structure. Mr. Ishwinder Khurana has been redesignated as CEO – B2C, while Mr. Hetal Shah takes on the role of CEO – EPC. Additionally, Mr. Ashish D. Jain has been appointed CEO – Telecom, and Mr. Rakesh Talati moves to the role of Director – Operations and Chief Operations Officer. Furthermore, the tenure of Mr. Niyant Maru as Chief Financial Officer has been extended until April 16, 2027.

Dividend and Strategic Appointments

In addition to the financial results, the board approved a dividend of ₹47 per share. The company also confirmed the re-appointment of Ernst & Young LLP as Internal Auditors and R. Nanabhoy & Co. as Cost Auditors for the 2026-27 financial year, ensuring continued focus on financial oversight and corporate governance.

Source: BSE

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