Polycab India Income Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	270,051	224,083	180,394	141,078	122,038	87,922
Revenue Growth (YoY)	28.51%	24.22%	27.87%	15.60%	38.80%	-0.43%
Cost of Revenue	200,384	168,683	133,096	105,306	94,909	65,359
Gross Profit	69,667	55,401	47,299	35,772	27,129	22,563
Selling, General & Admin	10,687	8,694	8,144	5,869	4,956	4,290
Other Operating Expenses	20,091	17,025	14,237	11,382	9,509	7,161
Operating Expenses	34,462	28,700	24,831	19,342	16,480	13,214
Operating Income	35,205	26,700	22,468	16,430	10,649	9,350
Interest Expense	-1,556	-1,400	-914.48	-441.55	-161.72	-274.42
Interest & Investment Income	751.08	328.6	331.2	295.06	269.3	357.11
Earnings From Equity Investments	-	-	-	-92.63	-25.55	5.78
Currency Exchange Gain (Loss)	-91.25	272.41	778.3	184.39	316.92	568.43
Other Non Operating Income (Expenses)	-209.43	-37.3	46.94	-54.53	-110.58	-54.25
EBT Excluding Unusual Items	34,099	25,864	22,710	16,320	10,937	9,952
Impairment of Goodwill	-46.22	-46.22	-	-	-	-
Gain (Loss) on Sale of Investments	1,222	1,222	879.86	651.15	227.62	167.04
Gain (Loss) on Sale of Assets	-33.81	-32.85	1.93	97.88	-11.83	1.13
Other Unusual Items	1.94	1.01	1.6	3.29	5.79	0.92
Pretax Income	35,243	27,008	23,593	17,073	11,159	10,122
Income Tax Expense	8,672	6,553	5,564	4,242	2,706	1,703
Earnings From Continuing Operations	26,572	20,455	18,029	12,831	8,452	8,418
Earnings From Discontinued Operations	-	-	-	-	720.53	441.02
Net Income to Company	26,572	20,455	18,029	12,831	9,173	8,859
Minority Interest in Earnings	-312.5	-255.47	-188.72	-123.03	-87.07	-38.19
Net Income	26,259	20,200	17,840	12,708	9,086	8,821
Net Income to Common	26,259	20,200	17,840	12,708	9,086	8,821
Net Income Growth	42.77%	13.23%	40.39%	39.87%	3.00%	16.21%
Shares Outstanding (Basic)	150	150	150	150	149	149
Shares Outstanding (Diluted)	151	151	151	150	150	150
Shares Change (YoY)	0.09%	0.27%	0.31%	0.12%	0.21%	0.47%
EPS (Basic)	174.50	134.34	118.93	84.93	60.87	59.20
EPS (Diluted)	173.89	133.80	118.49	84.66	60.61	58.96
EPS Growth	42.62%	12.92%	39.96%	39.69%	2.80%	15.67%
Free Cash Flow	19,131	8,389	4,433	9,501	-149.12	10,654
Free Cash Flow Per Share	126.69	55.57	29.44	63.30	-0.99	71.21
Dividend Per Share	35.000	35.000	30.000	20.000	14.000	10.000
Dividend Growth	16.67%	16.67%	50.00%	42.86%	40.00%	42.86%
Gross Margin	25.80%	24.72%	26.22%	25.36%	22.23%	25.66%
Operating Margin	13.04%	11.92%	12.46%	11.65%	8.73%	10.63%
Profit Margin	9.72%	9.01%	9.89%	9.01%	7.45%	10.03%
Free Cash Flow Margin	7.08%	3.74%	2.46%	6.73%	-0.12%	12.12%
EBITDA	38,445	29,427	24,706	18,379	12,516	10,982
EBITDA Margin	14.24%	13.13%	13.70%	13.03%	10.26%	12.49%
D&A For EBITDA	3,240	2,727	2,239	1,950	1,868	1,633
EBIT	35,205	26,700	22,468	16,430	10,649	9,350
EBIT Margin	13.04%	11.92%	12.46%	11.65%	8.73%	10.63%
Effective Tax Rate	24.61%	24.26%	23.58%	24.84%	24.25%	16.83%
Revenue as Reported	272,290	226,159	182,603	142,411	122,937	89,115
Advertising Expenses	-	1,209	1,989	1,244	822.69	682.51

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.