Polycab India Limited has reported impressive financial growth for the financial year ended March 31, 2026. The company achieved a consolidated annual revenue of ₹2,88,837.92 million, with a net profit of ₹27,084.27 million. Driven by this strong performance, the Board of Directors has recommended a final dividend of ₹47 per equity share, reflecting a payout of 470%. Additionally, the company announced several leadership updates and a tenure extension for its Chief Financial Officer.
Financial Performance Highlights
For the financial year ended March 31, 2026, Polycab delivered robust growth across its operations. Consolidated revenue from operations reached ₹2,88,837.92 million, compared to ₹2,24,083.13 million in the previous year. The annual consolidated net profit rose to ₹27,084.27 million, up from ₹20,455.37 million in the prior fiscal year. On a quarterly basis, the company saw revenue of ₹88,644.77 million for the quarter ending March 31, 2026, demonstrating consistent upward momentum.
Dividend Recommendation
Reflecting the strong annual profitability, the Board of Directors has recommended a final dividend of ₹47 per equity share on shares with a face value of ₹10. This represents a dividend payout of 470%, subject to approval by shareholders at the upcoming Annual General Meeting.
Segment Breakdown
The company’s primary revenue driver, the Wires and Cables segment, recorded annual revenue of ₹2,55,344.18 million. The FMEG segment contributed ₹20,693.28 million, while the EPC segment accounted for ₹16,664.96 million of the annual revenue. These figures highlight a diversified and resilient portfolio across the electrical infrastructure sector.
Strategic Leadership Updates
Polycab has initiated key changes in its Senior Management structure, effective May 6, 2026. Notable redesignations include Mr. Ishwinder Khurana (CEO – B2C), Mr. Hetal Shah (CEO – EPC), Mr. Ashish D. Jain (CEO – Telecom), and Mr. Rakesh Talati (Director – Operations and Chief Operations Officer). Furthermore, Mr. Niyant Maru, Chief Financial Officer, has received an extension of his tenure until April 16, 2027.
Source: BSE
