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Polycab India Limited announced leadership changes following a board meeting on May 6, 2026. The board approved re-designations for several senior management personnel across B2C, EPC, Telecom, and Sustainability verticals, and confirmed the continuation of Niyant Maru as Chief Financial Officer.
Polycab achieved record FY26 revenue despite Middle East geopolitical disruptions affecting Q4. Management remains aggressively optimistic, emphasizing market share gains and record capex intensity.
Polycab India Limited has re-appointed R. Nanabhoy & Co., Cost Accountants, as the company's Cost Auditors for the Financial Year 2026-27. The appointment was approved by the Board of Directors at its meeting on May 06, 2026, ensuring continued regulatory compliance for cost auditing requirements.
Polycab India Limited has re-appointed Ernst & Young LLP (EY) as Internal Auditors for the Financial Year 2026-27. The decision was approved by the Board of Directors on May 06, 2026, ensuring continuity in the company's internal audit and governance processes.
Polycab India reorganized its senior management effective May 06, 2026. Four executives were redesignated to lead B2C, EPC, Operations, and Telecom units. Simultaneously, Mr. Ritesh Arora and Mr. Rakesh Rajput ceased to be Senior Management Personnel due to organizational restructuring, though they remain employees.
Polycab India Limited approved the extension of Mr. Niyant Maru's tenure as Chief Financial Officer from July 17, 2026, until April 16, 2027. This extension follows recommendations from the Nomination and Remuneration Committee.
Polycab delivered record FY26 revenue of ₹288,838 Mn, maintaining its #1 position in Wires & Cables with ~31% organized market share while scaling FMEG to a 25% 10-year CAGR.
Polycab achieved highest-ever revenue and profitability in FY26. Consolidated revenue grew 29% YoY to ₹289Bn, driven by W&C and accelerating FMEG momentum.
Polycab delivered FY26 total revenue of ₹288,838 Mn, maintaining its #1 position in Wires & Cables with ~31% organized market share. The strategy focuses on B2C expansion via FMEG and project 'Spring' for future transformation.
Polycab delivered its highest-ever Q4 and FY26 results with consolidated revenue crossing ₹285 Bn. Growth was driven by robust execution in Wires & Cables and FMEG segments under Project Spring.
Polycab India reported record FY26 consolidated revenue of ₹28,883.80 Crore, up 29% YoY. Annual PAT grew 32% to ₹2,708.4 Crore. The Board proposed a dividend of ₹47 per share. Growth was driven by robust execution in Wires & Cables and FMEG segments, with domestic market share increasing by 3-4% during the year.
Polycab India Limited recommended a dividend of ₹47 per equity share (470%) for FY 2025-26. The dividend is subject to shareholder approval at the upcoming AGM and will be paid within 30 days of approval.
Polycab India Ltd reported revenue from operations of ₹8,864 Cr (+26.9% YoY) and net profit of ₹785.6 Cr (+7.0% YoY) for Q4 FY26.
Polycab India Ltd approved its FY26 financial results and proposed a final dividend of ₹47 per share (470%). Standalone annual revenue reached ₹28,185.18 Crore with a net profit of ₹2,600.95 Crore. The board also re-appointed internal and cost auditors and announced redesignations within the senior management team.
Polycab India Limited incorporated a new wholly-owned subsidiary, Polycon Infra Projects Private Limited, on April 24, 2026. The company invested ₹0.10 Crore in equity share capital. The new entity will focus on Engineering, Procurement, and Construction (EPC) projects within the power and telecom industries.
Polycab India Limited has incorporated a new wholly-owned subsidiary, Polycon Infra Projects Private Limited, on April 24, 2026. The subsidiary will focus on EPC projects in the power distribution and telecom sectors. Polycab invested ₹0.10 Crore (₹10 Lakhs) for the initial subscription of equity shares.
Polycab India Limited incorporated a wholly-owned subsidiary, Polycon Infra Projects Private Limited (PIPPL), on April 24, 2026. PIPPL has an authorized capital of ₹1.00 Crore and will focus on EPC projects in the power and telecom sectors. Polycab holds 100% of the initial 1,00,000 equity shares subscribed at face value.
Polycab India Limited has scheduled a board meeting on May 06, 2026, to approve audited standalone and consolidated financial results for the year ending March 2026. The board will also consider recommending a final dividend. The trading window for designated persons is closed from April 01 to May 08, 2026.
Polycab India Limited has scheduled a board meeting on May 06, 2026, to consider audited financial results for the year ended March 2026 and recommend a final dividend. The trading window for designated persons is closed from April 01 to May 08, 2026.
Polycab India Limited has issued a Postal Ballot notice to shareholders for the re-appointment of Ms. Sutapa Banerjee and Mr. Bhaskar Sharma as Independent Directors. The e-voting period ends on May 10, 2026. This process ensures regulatory compliance for key leadership tenures.
Polycab India Limited has issued a postal ballot notice seeking shareholder approval for the re-appointment of Ms. Sutapa Banerjee and Mr. Bhaskar Sharma as Independent Directors. The e-voting period runs from April 11, 2026, to May 10, 2026. This process ensures regulatory compliance and maintains board leadership continuity.
Polycab India Limited allotted 4,500 equity shares on April 4, 2026, under its Employee Stock Option Scheme (ESOP). This allotment increases the company's total paid-up share capital from 150,55,26,480 to 150,55,71,480. Such allotments are routine rewards for employees and result in minor equity dilution.
Polycab India Limited allotted 4,500 equity shares of ₹10 each to eligible employees following the exercise of options under its 2018 ESOP scheme. The allotment was approved by the Finance and Operations Committee on April 04, 2026.
Polycab India Limited has re-appointed Ms. Sutapa Banerjee and Mr. Bhaskar Sharma as Non-Executive Independent Directors. Ms. Banerjee's term is for two years effective May 13, 2026, while Mr. Sharma's term is for four years starting May 12, 2026. These appointments aim to strengthen the board's governance and strategic expertise.
Polycab India approved the re-appointment of Ms. Sutapa Banerjee and Mr. Bhaskar Sharma as Independent Directors for second terms of two and four years, respectively. The appointments, effective from May 2026, are subject to shareholder approval via postal ballot. Both directors bring extensive experience in financial services and consumer marketing to the board.