$POLYCAB

$POLYCAB Polycab India is the market leader in India’s wires and cables industry and has rapidly expanded into the fast-growing FMEG (Fast Moving Electrical Goods) segment, including fans, switches, lighting, and appliances. The company benefits from strong brand equity, an extensive distribution network of over 200,000 retail outlets, and increasing demand driven by infrastructure, housing, industrial capex, and electrification. FY25 revenue exceeded ₹22,000 crore, with EBITDA of over ₹3,000 crore and PAT above ₹2,000 crore, reflecting strong execution and healthy margins. Latest News: Polycab continues to gain market share in both domestic and export markets while investing in capacity expansion to meet rising demand. The company’s "Project Spring" strategy targets accelerated growth in the FMEG business and deeper distribution penetration. Strong government spending on power transmission, renewable energy, data centers, and real estate development is expected to support sustained demand for wires and cables. With industry-leading scale, strong cash generation, and a robust balance sheet, Polycab remains well-positioned to capitalize on India's long-term infrastructure and electrification growth story.