Polycab India Ltd. · NSE:POLYCAB
Polycab India — Q2 FY27 Earnings Presentation
19 slides from Polycab India's earnings presentation, Oct 15, 2026
Slide 1: Q2 FY27 Presentation
Q2 FY27 Presentation 15 October 2026
Slide 2: Q2 FY27 Financial Performance
Q2 FY27 Financial Performance Polycab India Limited / Q2FY27 Earnings Presentation 2
Slide 3: Key Highlights
Key Highlights Top -line Top-line (Revenue) Margin Top-line (Revenue) Profitability Top-line (Revenue) (Revenue) (EBITDA %) (PAT %) Q2FY27: 98,989 Mn Q2FY27: 14,225 Mn Q2FY27: 9,900 Mn 53% YoY 39% YoY 43% YoY 21% QoQ 25% QoQ 24% QoQ H1FY27: 1,81,086 Mn H1FY27: 25,587 Mn H1FY27: 17,867 Mn 46% YoY 36%
Slide 4: Broad-Based Revenue Growth and Strong Earnings Delivery
Broad -Based Revenue Growth and Strong Earnings Delivery ▪ The Company delivered strong consolidated revenue growth of 53% YoY in Q 2FY 27, driven by strong performance across all segments and continued execution momentum ▪ EBITDA grew by 39 % YoY during the quarter, supported by healthy margins in
Slide 5: Wires & Cables
Wires & Cables Polycab India Limited / Q2FY27 Earnings Presentation 5
Slide 6: Strong Execution Driving Continued Growth Momentum
Strong Execution Driving Continued Growth Momentum ▪ The W&C business delivered strong performance, registering 47% YoY growth during the quarter, supported by healthy demand across government and private sectors . Both cables and wires grew strongly, with wires leading the growth momentum . Sales a
Slide 7: FMEG
FMEG Polycab India Limited / Q2FY27 Earnings Presentation 7
Slide 8: FMEG Delivers Record Double Digit Profitability Backed By Robust Growth
FMEG Delivers Record Double Digit Profitability Backed By Robust Growth ▪ The FMEG business scaled new heights in Q 2FY 27, with revenue more than doubling YoY to attain an all -time high quarterly revenue of ₹9,931 Mn ▪ Growth remained broad -based across all product categories . Solar products con
Slide 9: EPC
EPC Polycab India Limited / Q2FY27 Earnings Presentation 9
Slide 10: EPC Segment
EPC Segment ▪ Revenue registered an increase of 53% YoY for the quarter and 23% YoY for H 1 FY 27 ▪ EBITDA declined by 39 % YoY but improved by 31% QoQ . YoY decline was led by one -off gain in the EPC segment in Q 2FY 26 ▪ The company continues to maintain a healthy order book supporting upcoming e
Slide 11: Shareholding Pattern
Shareholding Pattern Polycab India Limited / Q2FY27 Earnings Presentation 11
Slide 12: Shareholding Pattern
Shareholding Pattern 13% 3% 5% Promoter FII DII Q2 FY27 QIB + AIF 18% Others 61% Note: As on 30th September 2026. DII (Domestic Institutional Investors) includes “Mutual Funds”. FII (Foreign Institutional Investors) includes "Foreign Portfolio - Corp" and "Foreign Corporate Bodies". QIB/ AIF stands
Slide 13: Financial Statements
Financial Statements Polycab India Limited / Q2FY27 Earnings Presentation 13
Slide 14: Consolidated Profit and Loss Statement
Consolidated Profit and Loss Statement Quarter Year To Date Particulars ( ₹ Mn) Q2FY27 % Q1FY27 % Q2FY26 % H1FY27 % H1FY26 % Revenue from Operations 98,989 100.0% 82,097 100.0% 64,772 100.0% 1,81,086 100.0% 1,23,832 100.0% Cost of Goods sold 75,623 76.4% 62,520 76.2% 47,209 72.9% 1,38,144 76.3% 90,3
Slide 15: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars ( ₹ Mn) Sep-26 Jun-26 Sep-25 Particulars ( ₹ Mn) Sep-26 Jun-26 Sep-25 Assets Equity and Liabilities Non-current Assets Shareholder’s Funds Fixed Assets 53,801 50,965 42,577 Share Capital 1,507 1,506 1,505 Non-current Deposits 452 675 2,723 Reserves and Surplus
Slide 16: Consolidated Cash Flow Statement; Other Key Data Points
Consolidated Cash Flow Statement Quarter Year To Date H1FY27 H1FY26 Particulars ( ₹ Mn) Q2FY27 Q1FY27 Q2FY26 Net Cash Flow from Operating Activities 8,522 8,186 7,217 16,708 17,905 Net cash flow from/ (used in) investing activities -6,688 -2,821 1,398 -9,509 -9,433 Net cash flow from/ (used in) fina
Slide 17: Other Financial Metrics
Other Financial Metrics Average Closing Working Capital Days Q2FY27 Q1FY27 FY26 FY25 FY24 Q2FY27 Q1FY27 FY26 FY25 FY24 Receivable Days 33 35 40 38 33 36 39 47 42 41 Inventory Days 86 83 78 80 91 96 96 94 79 101 Payable Days* 108 103 93 73 81 134 132 130 72 94 Net Working Capital 11 15 25 44 44 -2 3
Slide 18: Safe Harbour Notes and General Definitions
Safe Harbour Notes and General Definitions This release/ communication, except for the historical information, may contain 1. Numbers on consolidated basis in ₹ million statements, including the words or phrases such as ‘expects, anticipates, intends, will, 2. Revenue : Revenue from operations would
Slide 19: Thank You
THANK YOU Polycab India Limited Scan for Scan for Condensed Financial Results Financial Statements Contact : investor.relations@polycab.com Website: www.polycab.com Polycab India Limited / Q2FY27 Earnings Presentation 19