Polycab India Shares Surge 6% Following Impressive Q4 Financial Results
Polycab India share price jumps over 6% after strong Q4 results
Mint
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Polycab India, a leading electrical products manufacturer, saw its share price rise over 6% on May 7, 2026, after reporting a consolidated revenue of ₹8,865 crore for Q4, marking a 27% year-on-year increase. Strong growth in the wires and cables sector and fast-moving electrical goods drove this performance.
- 01Polycab India's share price increased by over 6% after Q4 results.
- 02Consolidated revenue reached ₹8,865 crore, a 27% increase year-on-year.
- 03The wires and cables segment grew by 30%, driven by strong domestic demand.
- 04Fast-moving electrical goods sector revenues surged by 47% year-on-year.
- 05The EPC sector reported a decline of 15% in revenues.
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On May 7, 2026, Polycab India, an electrical products manufacturer, experienced a 6% increase in share price following the release of its strong Q4 financial results. The company reported consolidated revenue of ₹8,865 crore, reflecting a 27% year-on-year growth compared to the same quarter last year. The wires and cables (W&C) segment was a key driver, achieving a 30% increase in revenue, supported by robust domestic demand and improved execution. Notably, cables outperformed wires, with institutional sales outpacing channel sales. Additionally, the fast-moving electrical goods (FMEG) sector showed remarkable growth, with revenues rising 47% year-on-year, particularly boosted by solar products, which nearly doubled their growth. However, the engineering, procurement, and construction (EPC) sector faced challenges, reporting a 15% decline in revenues due to timing differences in project execution cycles, with an EBIT margin of 7.6%.
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The strong performance of Polycab India may lead to increased investor confidence and potentially higher stock valuations, benefiting shareholders. Additionally, growth in the electrical products sector could indicate rising demand for electrical infrastructure, impacting jobs and investment in related industries.
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