Polycab India FY26 Results and Growth Strategy

Polycab India reported FY26 consolidated revenue of ₹288,651 million and PAT of ₹27,084 million, with a 27.2% dividend payout.
The company outlined Project Spring, a multi-year strategy targeting 1.5x market growth in core segments and 11-13% Wires & Cables EBITDA.
Polycab highlighted strong macro drivers for the Wires & Cables and FMEG sectors, including government infrastructure spending and real estate growth.
The presentation detailed a robust distribution network, significant capex of ₹14,799 million in FY26, and a net cash position of ₹41,940 million.