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Polycab India POLYCAB.NS · INR

Industrials · NSE · 🇮🇳 India

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7,832.50

-0.49%

Close of 9 Nov 2026, in INR

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About Polycab India

Its shares trade on NSE under the ticker POLYCAB.NS. It has been listed since 16 April 2019. In the fiscal year to 31 March 2026, it reported revenue of ₹288.84bn and net income of ₹26.72bn. At that date it held total assets of ₹204.76bn and shareholders' equity of ₹120.09bn.

Polycab India Ltd. engages in the manufacture and sale of electric wires and cables. The company is headquartered in Daman, Daman And Diu. The company went IPO on 2019-04-16. The firm is engaged in fast moving electrical goods (FMEG). The firm is also in the business of engineering, procurement and construction (EPC) projects. The firm owns approximately 23 manufacturing facilities, located across the states of Gujarat, Maharashtra, Uttarakhand, and the union territory of Daman. The company operates through three segments. Wire and Cable segment is engaged in the manufacturing and selling of wires and cables. Fast moving electrical goods (FMEG) segment is engaged in fans, light-emitting diode (LED) lighting and luminaires, switches, switchgear, solar products, pumps, hohm, conduits and domestic appliances. Others segment is comprised of the engineering, procurement and construction (EPC) business, which includes design, engineering, supply of materials, survey, execution and commissioning of power distribution, rural electrification projects on a trunky basis.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Industrials
Industry
Electrical Equipment
Listed since
16 Apr 2019
Employees
4,431
Website
polycab.com ↗

Leadership

Pay as last reported

  • Mr. Inder JaisinghaniExecutive Chairman of the Board, Managing Director, since 1997₹344.8m
  • Mr. Niyant MaruChief Financial Officer, Executive Vice President - Finance
  • Mr. Anurag AgarwalChief Executive Officer - Global Exports and New Businesses (EHV and Conductor), since 2025
  • Mr. Ritesh AroraPresident - Chief Digital Officer
  • Mr. Diwaker BharadwajPresident - Automation, Serialization, Packaging and Brand Protection, since 2024
  • Mr. Rishikesh RajurkarPresident - Projects
  • Mr. Ashish KakkarExecutive President, Chief Human Resources Officer
  • Mr. Gyan PandeyExecutive Vice President, Chief Digital & Information Officer
  • Ms. Manita Carmen GonsalvesCompany Secretary and Vice President - Legal₹960,000
  • Mr. Bharat JaisinghaniJoint Managing Director, Executive Director, since 2021₹27.3m
  • Mr. Nikhil JaisinghaniJoint Managing Director, Executive Director, since 2021₹26.8m
  • Mr. Vijay PandeyExecutive Director, since 2025

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
84
Environment
99
Social
99
Governance
55
Direct emissions (scope 1)
29,061 t
Energy emissions (scope 2)
155,118 t
Value chain emissions (scope 3)
5,352,123 t
Women in the workforce
3.82275%
Carbon reduction policy
No
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Established Market Presence: Polycab India Ltd has a strong brand reputation and has successfully established itself in the Indian market as a leading manufacturer of wires and cables.
  • Diverse Product Portfolio: The company offers a wide range of electrical products, including wires, cables, fans, switches, and lighting products, allowing them to cater to various customer needs and increase revenue streams.
  • Robust Distribution Network: Polycab India has an extensive network of distributors and dealers spread across the country, enabling them to reach a larger customer base and ensure easy availability of their products.

Weaknesses

  • Dependency on Domestic Market: While Polycab India has a strong presence in the domestic market, it lacks significant international exposure, which may limit its growth opportunities and increase vulnerability to domestic market fluctuations.
  • Limited Product Differentiation: The electrical industry is highly competitive, and Polycab India faces challenges in differentiating its products from those offered by competitors. This can impact brand loyalty and pricing power.
  • Reliance on Raw Material Suppliers: The company relies on external suppliers for raw materials like copper and aluminum, making it susceptible to price fluctuations and potential supply chain disruptions.

Opportunities

  • Growing Infrastructure Development: India's focus on infrastructure development and urbanization presents an opportunity for Polycab India to expand its market share by supplying wires and cables for various construction projects.
  • Rising Demand for Renewable Energy: The increasing adoption of renewable energy sources such as solar and wind power creates a demand for specialized cables and wiring solutions, which Polycab India can capitalize on.
  • Digitalization and Smart Homes: With the increasing trend towards smart homes and automation, Polycab India can leverage its range of electrical products to cater to the growing demand for smart switches, lighting, and other automation solutions.

Threats

  • Price Competition: The electrical industry is price-sensitive, and competition from both domestic and international players may lead to pricing pressures and reduced profit margins for Polycab India.
  • Economic Instability: Fluctuations in the Indian economy, currency exchange rates, and changes in government policies can impact the demand for electrical products, posing a potential threat to the company's growth and profitability.
  • Technological Advances: Rapid technological advancements in the electrical industry can render certain products or technologies obsolete. Polycab India needs to stay updated and adapt to emerging trends and innovations to remain competitive.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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