Polycab India Ltd

Polycab India has allotted 21,360 equity shares of face value of Rs 10/- each to the eligible employees who had exercised their options under Polycab Employee Stock Option Performance Scheme 2018.Powered by Capital Market - Live

Polycab India announced that the 29th Annual General Meeting(AGM) of the company will be held on 1 July 2025.Powered by Capital Market - Live

Net profit of Polycab India rose 33.09% to Rs 726.67 crore in the quarter ended March 2025 as against Rs 546.00 crore during the previous quarter ended March 2024. Sales rose 24.93% to Rs 6985.80 crore in the quarter ended March 2025 as against Rs 5591.90 crore during the previous quarter ended March 2024. For the full year,net profit rose 13.22% to Rs 2019.99 crore in the year ended March 2025 as against Rs 1784.05 crore during the previous year ended March 2024. Sales rose 24.22% to Rs 22408.31 crore in the year ended March 2025 as against Rs 18039.44 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales6985.805591.90 25 22408.3118039.44 24 OPM %14.6813.62 -13.2113.81 - PBDT1040.92790.98 32 2998.952604.34 15 PBT960.56725.26 32 2700.852359.30 14 NP726.67546.00 33 2019.991784.05 13 Powered by Capital Market - Live

The growth in revenue was driven by robust growth across business segments. Profit before tax was at Rs 960.60 crore in Q4 FY25, reflecting a growth of 32.44% from Rs 725.30 crore reported in Q4 FY24. EBITDA jumped 34.65% YoY to Rs 1,025.4 crore in the quarter ended 31 March 2025. EBITDA margin improved to 14.7% in Q4 FY25 as against 13.6% in Q4 FY24, driven by a profitable turnaround in the FMEG business and stronger margins in the EPC segment off a lower base. On the segmental front, wires & cables business revenue grew by 22.34% YoY to Rs 6,019.1 crore in Q4 FY25, driven by sustained momentum across key sectors. Key contributors included increased government spending, improved project execution, continued strength in real estate, and an inflationary trend in commodity prices. The domestic business grew by 27% YoY, with cables growth once again outpacing wires. Both channel and institutional business showed healthy traction. The international business however experienced a temporary decline due to the rollover of a large order into the next quarter. EBIT margins for the quarter expanded by ~140 bps QoQ to 15.1%, driven by operating leverage and a favourable product mix, although partially offset by the lower contribution from the international business. The Fast-Moving Electrical Goods (FMEG) business registered a strong 33% YoY growth, with all product categories maintaining a robust growth trajectory. The fans segment delivered impressive growth despite a delayed summer, reflecting the effectiveness of our strategic initiatives and continued focus on premiumization. The lights and luminaires business sustained its momentum from the previous quarter, achieving strong volume and value growth, even amidst ongoing pricing deflation. Switchgears, conduit pipes & fittings, and switches also posted healthy growth, supported by steady demand from the real estate sector. Significantly, the business achieved break-even in Q4FY25 ' its first profitable quarter after ten successive quarters of strategic investments in talent, product innovation, and brand building. This milestone is a testament to our long-term vision and the effectiveness of its business strategy. The EPC business registered a strong growth of 47% YoY during the quarter to Rs 602.80 crore, on the back of robust execution of the RDSS order book. As of 31 March 2025, Polycab India's net cash position stood at Rs 2457.2 crore, up 14.77% from Rs 2,140.8 crore in the previous quarter. Inder T. Jaisinghani, Chairman and Managing Director, Polycab India Limited, said: 'We have concluded FY25 on a historic high, delivering record revenues for both the fourth quarter and the full year, driven by strong, broad-based growth across business segments. Exceeding our Project Leap FY26 revenue goal a year ahead of committed schedule is a testament to our focused execution, market leadership, and strategic resilience. Our core Wires and Cables business maintained its strong momentum, the FMEG business grew ahead of industry as well as achieved quarterly profitability, and the EPC business scaled new heights, all contributing to making Polycab the largest Company by revenue in the Indian electrical industry, as well as reaffirming our position as the most profitable Company for the third consecutive year. With a sharpened strategic focus, robust fundamentals, and a culture of innovation and excellence, we are poised to build on this momentum and shape the next phase of Polycab's growth journey, under Project Spring, with confidence and purpose.' Meanwhile, the company recommended dividend of Rs 35/- per equity share for the financial year 2024-25 subject to approval of members at the ensuing annual general meeting. Polycab India is the largest manufacturer of wires and cables in India and a fast-growing player in the Fast Moving Electrical Goods (FMEG) space. The Group is also in the business of engineering, procurement, and construction (EPC) projects. Powered by Capital Market - Live

Polycab India announced that the Board of Directors of the Company at its meeting held on 6 May 2025, inter alia, have recommended the final dividend of Rs 35 per equity Share (i.e. 350%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Polycab India will hold a meeting of the Board of Directors of the Company on 6 May 2025.Powered by Capital Market - Live

Polycab India has allotted 1,500 equity shares under ESOS on 03 April 2025. Powered by Capital Market - Live

The contract, valued at Rs 3002.99 crore, involves the design, supply, construction, installation, upgrade, operation, and maintenance of the BharatNet middle mile network in the Bihar Telecom Circle. This includes a capital expenditure (Capex) of Rs 1549.66 crore, operational expenditure (Opex) for the newly constructed network of Rs 929.79 crore, and Opex for the existing network of Rs 523.53 crore. The project has a three-year construction period followed by a ten-year maintenance contract, with annual maintenance fees set at 5.5% of the capex for the first five years and 6.5% for the subsequent five years. Polycab India is the largest manufacturer of wires and cables in India and a fast-growing player in the Fast Moving Electrical Goods (FMEG) space. The Group is also in the business of engineering, procurement, and construction (EPC) projects. The company's consolidated net profit jumped 10.82% to Rs 457.56 crore on a 20.40% rise in revenue from operations to Rs 5,226.1 crore in Q3 FY25 over Q3 FY24. The scrip rose 0.65% to currently trade at Rs 5043.20 on the BSE. Powered by Capital Market - Live

Polycab India has allotted 3,983 equity shares under ESOS on 11 February 2025. Powered by Capital Market - Live

Net profit of Polycab India rose 10.83% to Rs 457.56 crore in the quarter ended December 2024 as against Rs 412.85 crore during the previous quarter ended December 2023. Sales rose 20.40% to Rs 5226.06 crore in the quarter ended December 2024 as against Rs 4340.47 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales5226.064340.47 20 OPM %13.7813.12 - PBDT695.13608.27 14 PBT616.57546.40 13 NP457.56412.85 11 Powered by Capital Market - Live