Polycab India Limited (NSE:POLYCAB)

Polycab India Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	245,950	224,083	180,394	141,078	122,038	87,922
Revenue Growth (YoY)	22.19%	24.22%	27.87%	15.60%	38.80%	-0.43%
Cost of Revenue	181,639	168,683	133,096	105,306	94,909	65,359
Gross Profit	64,311	55,401	47,299	35,772	27,129	22,563
Selling, General & Admin	9,770	8,694	8,144	5,869	4,956	4,290
Other Operating Expenses	18,166	17,025	14,237	11,382	9,509	7,161
Operating Expenses	31,350	28,700	24,831	19,342	16,480	13,214
Operating Income	32,961	26,700	22,468	16,430	10,649	9,350
Interest Expense	-1,412	-1,400	-914.48	-441.55	-161.72	-274.42
Interest & Investment Income	632.8	328.6	331.2	295.06	269.3	357.11
Earnings From Equity Investments	-	-	-	-92.63	-25.55	5.78
Currency Exchange Gain (Loss)	-203.36	272.41	778.3	184.39	316.92	568.43
Other Non Operating Income (Expenses)	-128.97	-37.3	46.94	-54.53	-110.58	-54.25
EBT Excluding Unusual Items	31,849	25,864	22,710	16,320	10,937	9,952
Impairment of Goodwill	-46.22	-46.22	-	-	-	-
Gain (Loss) on Sale of Investments	1,216	1,222	879.86	651.15	227.62	167.04
Gain (Loss) on Sale of Assets	-33.58	-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	32,987	27,008	23,593	17,073	11,159	10,122
Income Tax Expense	8,074	6,553	5,564	4,242	2,706	1,703
Earnings From Continuing Operations	24,914	20,455	18,029	12,831	8,452	8,418
Earnings From Discontinued Operations	-	-	-	-	720.53	441.02
Net Income to Company	24,914	20,455	18,029	12,831	9,173	8,859
Minority Interest in Earnings	-295.63	-255.47	-188.72	-123.03	-87.07	-38.19
Net Income	24,618	20,200	17,840	12,708	9,086	8,821
Net Income to Common	24,618	20,200	17,840	12,708	9,086	8,821
Net Income Growth	37.18%	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)	0.17%	0.27%	0.31%	0.12%	0.21%	0.47%
EPS (Basic)	163.63	134.34	118.93	84.93	60.87	59.20
EPS (Diluted)	162.99	133.80	118.49	84.66	60.61	58.96
EPS Growth	36.95%	12.92%	39.96%	39.69%	2.80%	15.67%
Free Cash Flow	11,239	8,389	4,433	9,501	-149.12	10,654
Free Cash Flow Per Share	74.41	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	26.15%	24.72%	26.22%	25.36%	22.23%	25.66%
Operating Margin	13.40%	11.92%	12.46%	11.65%	8.73%	10.63%
Profit Margin	10.01%	9.01%	9.89%	9.01%	7.45%	10.03%
Free Cash Flow Margin	4.57%	3.74%	2.46%	6.73%	-0.12%	12.12%
EBITDA	35,992	29,427	24,706	18,379	12,516	10,982
EBITDA Margin	14.63%	13.13%	13.70%	13.03%	10.26%	12.49%
D&A For EBITDA	3,031	2,727	2,239	1,950	1,868	1,633
EBIT	32,961	26,700	22,468	16,430	10,649	9,350
EBIT Margin	13.40%	11.92%	12.46%	11.65%	8.73%	10.63%
Effective Tax Rate	24.47%	24.26%	23.58%	24.84%	24.25%	16.83%
Revenue as Reported	247,935	226,159	182,603	142,411	122,937	89,115
Advertising Expenses	-	1,209	1,989	1,244	822.69	682.51

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.