Polycab India (POLYCAB) — Financial Results

Polycab India reported record Q3 FY25 revenue of ₹150 billion+, up 20% YoY, with PAT at ₹4,643 million and EBITDA margin at 13.8%. The company launched 'Project Spring', targeting ₹200 billion revenue by FY26 and long-term growth through six strategic pillars. Capex guidance for FY25 stands at ₹10-12 billion, with plans to invest ₹60-80 billion over five years to expand capacity, particularly in high-growth segments like EHV cables and international markets. Management highlighted robust demand trends, export expansion targeting over 10% of revenue, and confidence in achieving 11-13% EBITDA margins by FY30.

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About Polycab India Limited (POLYCAB)

Capital Goods · Industrial Products · Listed on NSE

Market Cap: ₹1,37,797.43 Cr P/E: 74.8

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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