Polycab India Income Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	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
Operating Revenue	288,838	224,083	180,394	141,078	122,038
Other Revenue	2,363	-	-	-	-
Revenue	291,200	224,083	180,394	141,078	122,038
Revenue Growth (YoY)	29.95%	24.22%	27.87%	15.60%	38.80%
Cost of Revenue	215,816	168,683	133,096	105,306	94,909
Gross Profit	75,384	55,401	47,299	35,772	27,129
Selling, General & Admin	15,336	8,694	8,144	5,869	4,956
Other Operating Expenses	17,628	17,025	14,237	11,382	9,509
Operating Expenses	36,823	28,700	24,831	19,342	16,480
Operating Income	38,561	26,700	22,468	16,430	10,649
Interest Expense	-2,430	-1,400	-914.48	-441.55	-161.72
Interest & Investment Income	-	328.6	331.2	295.06	269.3
Earnings From Equity Investments	-	-	-	-92.63	-25.55
Currency Exchange Gain (Loss)	-	272.41	778.3	184.39	316.92
Other Non Operating Income (Expenses)	-	-37.3	46.94	-54.53	-110.58
EBT Excluding Unusual Items	36,131	25,864	22,710	16,320	10,937
Impairment of Goodwill	-	-46.22	-	-	-
Gain (Loss) on Sale of Investments	-	1,222	879.86	651.15	227.62
Gain (Loss) on Sale of Assets	-	-32.85	1.93	97.88	-11.83
Other Unusual Items	-	1.01	1.6	3.29	5.79
Pretax Income	36,131	27,008	23,593	17,073	11,159
Income Tax Expense	9,046	6,553	5,564	4,242	2,706
Earnings From Continuing Operations	27,084	20,455	18,029	12,831	8,452
Earnings From Discontinued Operations	-	-	-	-	720.53
Net Income to Company	27,084	20,455	18,029	12,831	9,173
Minority Interest in Earnings	-363.94	-255.47	-188.72	-123.03	-87.07
Net Income	26,720	20,200	17,840	12,708	9,086
Net Income to Common	26,720	20,200	17,840	12,708	9,086
Net Income Growth	32.28%	13.23%	40.39%	39.87%	3.00%
Shares Outstanding (Basic)	151	150	150	150	149
Shares Outstanding (Diluted)	151	151	151	150	150
Shares Change (YoY)	0.02%	0.27%	0.31%	0.12%	0.21%
EPS (Basic)	177.53	134.34	118.93	84.93	60.87
EPS (Diluted)	176.95	133.80	118.49	84.66	60.61
EPS Growth	32.25%	12.92%	39.96%	39.69%	2.80%
Free Cash Flow	23,303	8,389	4,433	9,501	-149.12
Free Cash Flow Per Share	154.32	55.57	29.44	63.30	-0.99
Dividend Per Share	-	35.000	30.000	20.000	14.000
Dividend Growth	-	16.67%	50.00%	42.86%	40.00%
Gross Margin	25.89%	24.72%	26.22%	25.36%	22.23%
Operating Margin	13.24%	11.92%	12.46%	11.65%	8.73%
Profit Margin	9.18%	9.01%	9.89%	9.01%	7.45%
Free Cash Flow Margin	8.00%	3.74%	2.46%	6.73%	-0.12%
EBITDA	42,420	29,427	24,706	18,379	12,516
EBITDA Margin	14.57%	13.13%	13.70%	13.03%	10.26%
D&A For EBITDA	3,859	2,727	2,239	1,950	1,868
EBIT	38,561	26,700	22,468	16,430	10,649
EBIT Margin	13.24%	11.92%	12.46%	11.65%	8.73%
Effective Tax Rate	25.04%	24.26%	23.58%	24.84%	24.25%
Revenue as Reported	291,200	226,159	182,603	142,411	122,937
Advertising Expenses	1,902	1,209	1,989	1,244	822.69

Source: S&P Global Market Intelligence. Standard template. Financial Sources.