Polycab India Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep '26 Sep 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	346,092	288,838	224,083	180,394	141,078	122,038
Revenue Growth	40.72%	28.90%	24.22%	27.87%	15.60%	38.80%
Cost of Revenue	263,951	216,204	168,683	133,096	105,306	94,909
Gross Profit	82,141	72,634	55,401	47,299	35,772	27,129
Selling, General & Admin	11,869	10,811	8,694	8,144	5,869	4,956
Other Operating Expenses	22,518	20,808	17,025	14,237	11,382	9,509
Operating Expenses	38,560	35,478	28,700	24,831	19,342	16,480
Operating Income	43,581	37,156	26,700	22,468	16,430	10,649
Interest Expense	-2,731	-1,953	-1,400	-914.48	-441.55	-161.72
Interest & Investment Income	601.26	727.43	328.6	331.2	295.06	269.3
Earnings From Equity Investments	-	-	-	-	-92.63	-25.55
Currency Exchange Gain (Loss)	-904.84	-880.24	272.41	778.3	184.39	316.92
Other Non Operating Income (Expenses)	5.67	-175.5	-37.3	46.94	-54.53	-110.58
EBT Excluding Unusual Items	40,552	34,875	25,864	22,710	16,320	10,937
Impairment of Goodwill	-	-	-46.22	-	-	-
Gain (Loss) on Sale of Investments	2,074	1,326	1,222	879.86	651.15	227.62
Gain (Loss) on Sale of Assets	-77.35	-77.35	-32.85	1.93	97.88	-11.83
Other Unusual Items	11.18	7.46	1.01	1.6	3.29	5.79
Pretax Income	42,559	36,131	27,008	23,593	17,073	11,159
Income Tax Expense	10,535	9,046	6,553	5,564	4,242	2,706
Earnings From Continuing Operations	32,024	27,084	20,455	18,029	12,831	8,452
Earnings From Discontinued Operations	-	-	-	-	-	720.53
Net Income to Company	32,024	27,084	20,455	18,029	12,831	9,173
Minority Interest in Earnings	-462.56	-363.94	-255.47	-188.72	-123.03	-87.07
Net Income	31,562	26,720	20,200	17,840	12,708	9,086
Net Income to Common	31,562	26,720	20,200	17,840	12,708	9,086
Net Income Growth	28.21%	32.28%	13.23%	40.39%	39.87%	3.00%
Shares Outstanding (Basic)	151	151	150	150	150	149
Shares Outstanding (Diluted)	151	151	151	151	150	150
Shares Change	-0.02%	0.02%	0.27%	0.31%	0.12%	0.21%
EPS (Basic)	209.60	177.53	134.34	118.93	84.93	60.87
EPS (Diluted)	209.01	176.95	133.80	118.49	84.66	60.61
EPS Growth	28.23%	32.25%	12.92%	39.96%	39.69%	2.80%

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep '26 Sep 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Free Cash Flow	23,652	23,303	8,389	4,433	9,501	-149.12
Free Cash Flow Per Share	156.63	154.33	55.57	29.44	63.30	-0.99
Dividend Per Share	47.000	47.000	35.000	30.000	20.000	14.000
Dividend Growth	34.29%	34.29%	16.67%	50.00%	42.86%	40.00%
Gross Margin	23.73%	25.15%	24.72%	26.22%	25.36%	22.23%
Operating Margin	12.59%	12.86%	11.92%	12.46%	11.65%	8.73%
Profit Margin	9.12%	9.25%	9.01%	9.89%	9.01%	7.45%
Free Cash Flow Margin	6.83%	8.07%	3.74%	2.46%	6.73%	-0.12%
EBITDA	47,333	40,758	29,427	24,706	18,379	12,516
EBITDA Margin	13.68%	14.11%	13.13%	13.70%	13.03%	10.26%
D&A For EBITDA	3,751	3,602	2,727	2,239	1,950	1,868
EBIT	43,581	37,156	26,700	22,468	16,430	10,649
EBIT Margin	12.59%	12.86%	11.92%	12.46%	11.65%	8.73%
Effective Tax Rate	24.75%	25.04%	24.26%	23.58%	24.84%	24.25%
Revenue as Reported	349,134	291,200	226,159	182,603	142,411	122,937
Advertising Expenses	-	1,902	1,209	1,989	1,244	822.69