Slide 1: Q4 FY26 Presentation
Q4 FY26 Presentation 06 May 2026
Slide 2: Q4 FY26 Financial Performance
Q4 FY26 Financial Performance Polycab India Limited | Q4 FY26 Earnings Presentation 2
Slide 3: Key Highlights
Key Highlights Top-line Top-line Operating Operating Profitability Profitability Profitability (PAT) (Revenue) (Revenue) (EBITDA) (EBITDA) (PAT) (PAT) Q4FY26: 88,645 Mn Q4FY26: 11,613 Mn Q4FY26: 7,856 Mn 27% YoY 13% YoY 7% YoY 16% QoQ 20% QoQ 25% QoQ FY26: 2,88,838 Mn FY26: 40,057 Mn FY26: 27,084 Mn
Slide 4: Highest Ever Quarterly & Yearly Revenue and Profitability
Highest Ever Quarterly & Yearly Revenue and Profitability Revenue (₹ Mn) EBITDA (₹ Mn) Margin PAT (₹ Mn) Margin 14.7% 10.5% 9.1% 9.4% 2,88,838 12.7% 13.1% 13.2% 13.9% 8.3% 8.9% 2,24,083 40,057 27,084 29,602 20,455 76,361 88,645 69,858 11,613 7,344 7,856 10,254 9,661 6,302 27% YoY 16% QoQ 29% YoY 13%
Slide 5: Key Highlights for FY26
Key Highlights for FY26 FY25 FY26 Market Share 26-27% ~4% 30-31% Market share gains in domestic organized W&C industry via strategic internal initiatives Capex ₹ 9.6 Bn 54% ₹ 14.8 Bn Cash flows reinvested in business to capture strong demand opportunity Net Cash Position ₹ 24.6 Bn 71% ₹ 41.9 Bn Net
Slide 6: Growth Story Since Listing
Growth Story Since Listing Revenue EBITDA Margin Net Cash ₹ 289 Bn 13.9% ₹ 41.9 Bn 11.9% ₹ 80 Bn CAGR: 20% 194 bps ₹ 0.45 Bn 93x FY19 FY26 FY19 FY26 FY19 FY26 International Market Share Dividend Business (Domestic Organized W&C) ₹ 15.7 Bn 30-31% ₹ 47 18% ₹ 2.5 Bn CAGR: 30% 12-13% ₹3 16x FY19 FY26 FY
Slide 7: Shareholder Returns Since Listing
Apr'19 May'19 Jun'19 Jul'19 Aug'19 Sep'19 Oct'19 Nov'19 Dec'19 Jan'20 Feb'20 Mar'20 Apr'20 May'20 Jun'20 Jul'20 Aug'20 (as of May 2026) Market Cap Sep'20 Oct'20 Nov'20 Dec'20 Jan'21 Feb'21 Mar'21 Apr'21 May'21 Jun'21 POLYCAB ~₹ 1.25 Tn (~USD 13.1 Bn) Jul'21 Aug'21 Sep'21 Oct'21 Market Cap in USD cal
Slide 8: Wires & Cables
Wires & Cables Polycab India Limited | Q4 FY26 Earnings Presentation 8
Slide 9: Strong execution leading to consistent market share gains
Strong execution leading to consistent market share gains Revenue (₹ Mn) EBIT (₹ Mn) Margin 2,51,789 15.1% 13.6% 13.1% 13.6% 12.1% 1,88,881 42, 000 34,304 25. 0% 23. 0% 21. 0% 35, 000 25,722 19. 0% 17. 0% 28, 000 15. 0% 13. 0% 76,735 21, 000 67,413 11. 0% 59,201 8,926 10,069 9. 0% 14, 000 8,189 7. 0
Slide 10: Geographic Reach: Domestic & International
Geographic Reach: Domestic & International Domestic Zone-Wise International Business Spread W&C Distributors Split 94 84 79 19% 22% 70 63 East 58 53 North 48 South West 28% 31% FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 *By Count *No. of Countries Polycab India Limited | Q4 FY26 Earnings Presentation 1
Slide 11: Powering India's Development
Powering India’s Development Jagannath Gupta Institute of Konkan Railway Corporation Medical Sciences & Hospital Unity Mall Agartala Smart City Infrastructure Commercial and Urban Development Specialized Projects − Railway (Konkan Railway Corporation, − Hospital (Sum Hospital, BASE Hospital, Medical
Slide 12: FMEG
FMEG Polycab India Limited | Q4 FY26 Earnings Presentation 12
Slide 13: FMEG Momentum Accelerates; Profitability continues to Improve
FMEG Momentum Accelerates; Profitability continues to Improve Revenue (₹ Mn) EBIT (₹ Mn) Margin 20,693 0.5% 2.9% 4.1% 2.7% -2.3% 16,535 548 286 6,918 23 142 4,692 4,878 47% YoY 42% QoQ 25% YoY -382 Q4FY25 Q3FY26 Q4FY26 FY25 FY26 Q4FY25 Q3FY26 Q4FY26 FY25 FY26 ▪ The FMEG business concluded a strong y
Slide 14: EPC
EPC Polycab India Limited | Q4 FY26 Earnings Presentation 14
Slide 15: EPC Segment
EPC Segment Revenue (₹ Mn) EBIT (₹ Mn) Margin 19,192 16,665 9.4% 6.7% 7.6% 9.4% 9.9% 1,806 1,655 6,028 5,098 4,069 564 272 386 -15% YoY 25% QoQ -13% YoY -31% YoY 42% QoQ -8% YoY Q4FY25 Q3FY26 Q4FY26 FY25 FY26 Q4FY25 Q3FY26 Q4FY26 FY25 FY26 • Revenue for the quarter and FY26 was impacted by the timin
Slide 16: Project Spring
Project Spring Polycab India Limited | Q4 FY26 Earnings Presentation 16
Slide 17: Project Spring Update: Execution Momentum Building Up
Project Spring Update: Execution Momentum Building Up FY30 Guidance FY25 FY26 ~1.5x of Market Growth in Core ~1.5x 1.5x-2x segments Business W&C 11 – 13% Ahead of Guidance Ahead of Guidance Wires & Cables EBITDA >10% 6.0% 5.4% Contribution from Exports 1.5x – 2x ~3x ~3x-4x Business FMEG of Market Gr
Slide 18: ESG
ESG Polycab India Limited | Q4 FY26 Earnings Presentation 18
Slide 19: Polycab ESG: Journey so far
Polycab ESG: Journey so far 2024 2026 2020 2022 • Climate Risk Assessment • Materiality • GHG Inventorization • Double Annual Report + Business 2021 Assessment 2023 2025 Materiality Assessment • GRI Limited • BRSR Core- Responsibility Assurance Reasonable • Review of Report (BRR) Assurance Policies
Slide 20: Polycab ESG: Double Materiality Matrix & Governance Mechanism
Polycab ESG: Double Materiality Matrix & Governance Mechanism • Our innovative, safe and energy efficient products and solutions delight our customers Polycab’s Purpose – • Our vibrant and inclusive culture leads to deep connections, value creation and growth for our “Connecting All to a Brighter Fu
Slide 21: Polycab ESG Goals for 2030
Polycab ESG Goals for 2030 Environment Social Governance At least 1 Aim For 50% Zero 30% 11% 30 Hrs* 1 Mn 100% 15%1 Renewable Waste to Landfill Net Zero Recycle Water Permanent Training per Zero Lives Positively Strategic Women’s electricity Usage Women Employee per Impacted through Suppliers to be
Slide 22: Shareholding Pattern
Shareholding Pattern Polycab India Limited | Q4 FY26 Earnings Presentation 22
Slide 23: Shareholding Pattern
Shareholding Pattern Listing Current 15% 12% 3% Promoter 5% FII 10% DII 1% FY19 FY26 QIB + AIF 3% IFC 2% 18% 61% Others 69% Note: As on 31st March 2026. DII (Domestic Institutional Investors) includes “Mutual Funds”. FII (Foreign Institutional Investors) includes "Foreign Portfolio - Corp" and "Fore
Slide 24: Financial Statements
Financial Statements Polycab India Limited | Q4 FY26 Earnings Presentation 24
Slide 25: Consolidated Profit and Loss Statement
Consolidated Profit and Loss Statement Quarter Year To Date Particulars (₹ Mn) Q4FY26 % Q3FY26 % Q4FY25 % FY26 % FY25 % Revenue from Operations 88,645 100.0% 76,361 100.0% 69,858 100.0% 2,88,838 100.0% 2,24,083 100.0% Cost of Goods sold 67,867 76.6% 57,552 75.4% 52,053 74.5% 2,15,816 74.7% 1,68,300
Slide 26: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (₹ Mn) Mar-26 Dec-25 Mar-25 Particulars (₹ Mn) Mar-26 Dec-25 Mar-25 Assets Equity and Liabilities Non-current Assets Shareholder’s Funds Fixed Assets 48,794 45,683 37,193 Share Capital 1,506 1,505 1,504 Non-current Deposits 392 450 465 Reserves and Surplus 1,18
Slide 27: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement Quarter Year To Date Particulars (₹ Mn) Q4FY26 Q3FY26 Q4FY25 FY26 FY25 Net Cash Flow from Operating Activities 15,982 4,219 9,315 38,107 18,085 Net cash flow from/ (used in) investing activities -14,203 -4,861 -7,176 -28,497 -12,393 Net cash flow from/ (used in) fina
Slide 28: Other Financial Metrics
Other Financial Metrics Average Closing Working Capital Days Q4FY26 Q3FY26 Q4FY24 FY26 FY25 Q4FY26 Q3FY26 Q4FY24 FY26 FY25 Receivable Days 40 34 33 40 33 47 41 41 47 41 Inventory Days 78 94 91 78 91 94 101 101 94 101 Payable Days* 93 77 81 93 81 130 89 94 130 94 Net Working Capital 25 51 44 25 44 11
Slide 29: 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, 2. Revenue: Revenue from operations will, would,
Slide 30: THANK YOU
THANK YOU Polycab India Limited Scan for Financial Results Contact us For investor relations: investor.relations@polycab.com For queries on shares & investor grievance: shares@polycab.com Website: www.polycab.com Download Link Polycab India Limited | Q4 FY26 Earnings Presentation 30