POLYCAB quarterly results and annual financials: sales, operating profit, OPM, net profit, EPS, balance sheet, cash flow and ratios like ROCE, with YoY and QoQ growth.
Polycab India Ltd reported sales of ₹9,899 Cr, operating profit of ₹1,422 Cr (OPM 14%) and net profit of ₹990 Cr for the quarter ended Sep 2026. Figures in ₹ crore, consolidated where available.
POLYCAB quarterly results (₹ Cr)
Metric
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Sales
5,226
6,986
5,906
6,477
7,636
8,864
8,210
9,899
Expenses
4,506
5,960
5,048
5,456
6,670
7,703
7,074
8,476
Operating Profit
720
1,025
858
1,021
966
1,161
1,136
1,422
OPM
14%
15%
15%
16%
13%
13%
14%
14%
Other Income
25
48
80
45
50
60
105
88
Interest
50
33
51
48
69
75
80
94
Depreciation
79
80
86
97
106
98
103
111
Profit before tax
617
961
801
921
842
1,049
1,058
1,306
Tax
25%
24%
25%
25%
25%
25%
25%
24%
Net Profit
464
734
600
693
630
786
797
990
EPS in Rs
30.42
48.31
39.34
45.54
41.3
51.33
52.07
64.86
POLYCAB profit & loss, annual (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
TTM
Sales
12,204
14,108
18,039
22,408
28,884
34,609
Expenses
10,940
12,265
15,548
19,445
24,870
29,923
Operating Profit
1,264
1,843
2,492
2,964
4,013
4,686
OPM
10%
13%
14%
13%
14%
14%
Other Income
161
133
221
204
229
304
Interest
35
60
108
169
243
317
Depreciation
202
209
245
298
386
417
Profit before tax
1,188
1,707
2,359
2,701
3,613
4,256
Tax
23%
25%
24%
24%
25%
-
Net Profit
917
1,282
1,803
2,046
2,708
3,202
EPS in Rs
60.8
84.8
118.75
134.28
177.48
209.56
Dividend Payout
23%
24%
25%
26%
26%
-
POLYCAB balance sheet (₹ Cr)
Metric
Mar 2024
Mar 2025
Sep 2025
Mar 2026
Sep 2026
Equity Capital
150
150
-
151
151
Reserves
8,037
9,675
-
11,858
12,943
Borrowings
161
202
-
236
272
Other Liabilities
3,718
3,721
-
8,220
10,429
Total Liabilities
12,066
13,749
-
20,465
23,795
Fixed Assets
2,338
3,011
-
3,740
3,979
CWIP
578
708
-
1,139
1,401
Investments
1,822
1,749
-
3,405
4,032
Other Assets
7,328
8,280
-
12,180
14,383
Total Assets
12,066
13,749
-
20,465
23,795
POLYCAB cash flows (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
Cash from Operating Activity
512
1,428
1,296
1,809
3,811
Cash from Investing Activity
-427
-1,203
-752
-1,239
-2,850
Cash from Financing Activity
-201
-227
-387
-628
-799
Net Cash Flow
-116
-2
157
-59
162
Free Cash Flow
-8
969
438
853
2,340
CFO/OP
67%
98%
75%
82%
117%
CFO/EBITDAShare of operating profit converting into cash: CFO (before tax) / Operating Profit