Polycab India Ltd: History, Latest Updates, Milestones, Subsidiaries, and Share Price
INTRODUCTION
Polycab India Limited is one of India’s leading manufacturers of cables and wires, with a comprehensive product range that caters to power transmission, control, instrumentation, and specialised electrical applications. Alongside its core offerings, the company also manufactures allied products such as uPVC conduits, lugs, and glands, supporting infrastructure, industrial, commercial, and residential projects across the country.
In recent years, Polycab has strategically expanded its presence beyond cables and wires by entering the fast-growing consumer electrical segment. Its portfolio now includes fans, switches, switchgear, LED lights and luminaires, solar inverters, and pumps. This diversification has enhanced revenue stability, improved brand visibility, and plays an important role in shaping investor perception and movements in the polycab share price
Polycab India Ltd moves in 2025:
- Polycab India demonstrated strong business momentum in 2025, supported by healthy order inflows and improving margins, which played a key role in strengthening the polycab share price during the year.
- In the September 2025 quarter, the company posted revenue of Rs. 6,339.96 crore, marking an 18.15% increase year-on-year, reflecting sustained demand across its core electrical product segments.
- Net profit for the same quarter climbed sharply by 56.69% to Rs. 674.80 crore, compared with Rs. 430.65 crore in the corresponding period last year, highlighting effective cost management and operating leverage.
- Operating earnings also saw a notable improvement, with profit rising to Rs. 1,035.43 crore in September 2025, up from Rs. 682.74 crore a year earlier.
- For Q1 FY26 (ended June 30, 2025), the company reported a significant rise in standalone net profit to Rs. 567.83 crore, registering a 46.47% growth over the previous year.
- Consolidated performance remained equally strong, with net profit increasing 49.32% to Rs. 599.70 crore, while total income expanded 25.85% year-on-year.
- This sustained earnings growth and margin expansion continued to support positive investor sentiment, reinforcing confidence in the polycab share price and keeping the polycab india share price in focus throughout 2025.
Evolution of Polycab India Ltd: From Past to Present:
Past:
Polycab India’s journey began in 1964 when its founder started a small electrical goods trading business in Mumbai, dealing in basic products such as fans, switches, lighting fixtures, and wires. Over time, the business moved from trading to manufacturing, with the establishment of a partnership firm in the mid-1970s focused on producing cables and wires. By the early 1980s, Polycab set up its first manufacturing facility in Halol, Gujarat, marking its formal entry into large-scale cable and wire production. During the following decades, the company steadily expanded its manufacturing capabilities, diversified its product range, and strengthened its distribution network, evolving from a regional player into a recognised name in India’s electrical industry.
Present:
Today, Polycab India Limited stands as India’s largest integrated manufacturer of wires and cables, with a strong presence across infrastructure, industrial, commercial, and residential segments. The company has significantly expanded its portfolio by entering the fast-moving electrical goods segment, offering products such as fans, switches, switchgear, LED lighting, solar solutions, and conduits. Backed by multiple modern manufacturing facilities and a strong focus on innovation and operational efficiency, Polycab has developed a diversified and scalable business model. This evolution into a multi-category electrical products leader has strengthened its competitive positioning and plays a key role in shaping long-term investor confidence, which is closely reflected in movements of the polycab share price.
| Name | Polycab India |
| Founded year | 1964 |
| Key People | Inder T. Jaisinghani (Chairman and Managing Director) |
| Subsidiaries | Tirupati Reels Private Limited Dowells Cable Accessories Private Limited Polycab USA LLC Polycab Electricals and Electronics Private Limited Polycab Australia Pty Limited Polycab Support Force Private Limited Uniglobus Electricals and Electronics Private Limited Steel Matrix Private Limited |
| Headquarters | Mumbai, India |
| Sector | Electrical equipment |
| Nse code | POLYCAB |
| Bse code | 542652 |
Timeline of Polycab India Ltd :
| Year | Key Milestone |
| 1964 | Late Thakurdas Jaisinghani established Sind Electric Stores, marking the beginning of Polycab’s journey. |
| 1968 | Girdhari T. Jaisinghani, Inder T. Jaisinghani, Ajay T. Jaisinghani, and Ramesh T. Jaisinghani took over management of the family business. |
| 1975 | The family formed Thakur Industries in MIDC Andheri, Mumbai, to set up a manufacturing unit for cables and wires. |
| 1983 | Polycab Industries was registered as a small-scale industrial unit with the Directorate of Industries, Government of Gujarat. |
| 1996 | The business was formally registered in Mumbai as Polycab Wires Private Limited. |
| 1998 | A manufacturing facility was established in Daman for PVC-insulated power cables, house wires, telephone cables, optical fibre cables, switchboard cables, and quad cables. |
| 2006 | Polycab crossed Rs. 10,000 million in revenue, achieving a significant growth milestone. |
| 2011 | The company surpassed Rs. 31,000 million in revenue, reinforcing its strong market position. |
| 2013 | Polycab entered the switches segment, marking its entry into the FMEG industry. |
| 2014 | The company diversified into fans and LED lighting and expanded its MCB manufacturing facility in Nashik, Maharashtra. |
| 2016 | Polycab formed a joint venture with Trafigura Pte. Ltd. to set up Ryker Base Private Ltd., a copper rod manufacturing plant in Halol; ceiling fan manufacturing commenced in Roorkee, Uttarakhand. |
| 2017 | A joint venture was established with Techno Electromech for manufacturing LED lighting products. |
| 2019 | Polycab was listed on the BSE and NSE; its Rs. 13,450 million IPO was subscribed 52 times; manufacturing of water heaters commenced. |
| 2020 | Polycab acquired the remaining 50% stake in Ryker, launched HOHM, an IoT-enabled smart home platform, and renewed focus on exports. |
| 2023 | The company underwent a brand refresh, transitioning from “Connection Zindagi ka” to “Ideas.Connected”, signalling a new growth phase. |
Inside Polycab India Ltd:
Polycab India Ltd
Corporate actions: Polycab India Limited has maintained a consistent dividend policy, having declared seven dividends since June 2019, reflecting its shareholder-friendly approach. In the past 12 months, the company announced an equity dividend of Rs. 35 per share.
As of 24 December 2025, the polycab share price stands at Rs. 7,646, translating into a dividend yield of approximately 0.46%. The most recent corporate action was a final dividend of Rs. 35 per equity share, with the ex-date and record date on 24 June 2025, reinforcing investor confidence in the polycab share price.
Main News:
- 17 October 2025 – Polycab India reported its Q2 FY26 results, with net profit rising 56.69% to Rs. 674.80 crore compared to Rs. 430.65 crore in Q2 FY25. Total income increased 17.40% to Rs. 6,390.65 crore. Strong earnings and revenue growth positively impacted the polycab share price.
- 17 July 2025 – In Q1 FY26, Polycab India’s net profit surged 46.47% to Rs. 567.83 crore, up from Rs. 387.67 crore in the same quarter last year. Total income rose 24.15% to Rs. 5,786.86 crore, further supporting investor confidence in the polycab share price.
- 18 June 2025 – Polycab India secured a major contract from BSNL worth Rs. 6,447.54 crore for the Design, Supply, Construction, Installation, Upgradation, Operation, and Maintenance of the middle-mile Bharat Net network in Karnataka, Goa, and Puducherry. This includes Capex of Rs. 3,741.92 crore and Opex of Rs. 2,705.62 crore for new and existing networks.
- 13 March 2025 – The company executed another BSNL contract valued at Rs. 3,002.99 crore for the Bihar Telecom Circle, covering Capex of Rs. 1,549.66 crore and Opex of Rs. 1,453.32 crore for new and existing networks, expanding Polycab’s presence in government projects.
Current Polycab India Limited Share price NSE:
| COMPANY NAME | SECTOR | SHARE PRICE LINK |
| Polycab India | Cable | Polycab India share price |
Achievements and Milestones:
Polycab India Limited has consistently been recognized for its excellence in business, innovation, and brand leadership. The company has featured in the Fortune India 500 list for five consecutive years and earned the prestigious Superbrand title from Superbrands India. It has also received accolades such as the ET Brand Equity Trendies Award 2023 in the Consumer Durable category, the Kaizen Manufacturing Excellence Award 2022, and the Annual Greentech Environment Excellence Award. These recognitions highlight Polycab’s commitment to quality, sustainability, and innovation, which are key factors considered in any thorough polycab share analysis.
CONCLUSION
Polycab India Limited has evolved from a small trading business in 1964 into India’s largest integrated manufacturer of wires, cables, and electrical products. Its strategic diversification into consumer electrical goods, strong operational performance, and consistent corporate governance have reinforced investor confidence, reflected in the polycab share price. With robust subsidiaries, a growing product portfolio, and recognition for excellence and innovation, Polycab is well-positioned for sustained growth and long-term value creation in the Indian electrical equipment sector.
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Frequently Asked Questions:
Where can I find real-time updates on the Polycab Share Price?
Check the latest Polycab Share Price and live stock updates on Enrich Money’s stock here.
How has the Polycab Share Price moved over the last 12 months?
The 52-week high of Polycab Share Price is Rs. 7,903.00 ,while the 52-week low of Polycab Share Price is Rs. 4,555.00.
What is the current market capitalisation of Polycab India Limited?
As of 24 December 2025, Polycab India Limited has a market capitalisation of approximately Rs 1,14,981.29 crore, calculated based on the latest Polycab share price. This reflects the company’s overall value in the stock market.
What is the face value, book value, and debt position of Polycab India?
The face value of Polycab India shares is Rs 10, while the book value per share stands at Rs 697.25, reflecting its accounting worth. The company currently carries zero debt, which highlights strong financial stability and supports positive sentiment in Polycab share prediction and long-term outlook.
What is the Polycab share price target for 2030?
Analysts have projected the Polycab share price target 2030 to reflect the company’s continued growth in cables, wires, and consumer electrical products. While exact numbers vary across market reports, long-term projections consider revenue growth, expansion into FMEG segments, and operational efficiency. Tracking the Polycab share price target 2030 can help investors plan for long-term investments.
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