About Polycab India Limited

Polycab India Limited is a leading Indian manufacturer of wires and cables, with a growing presence in Fast Moving Electrical Goods (FMEG) and Engineering, Procurement and Construction (EPC). Incorporated as Polycab Wires Private Limited on January 10, 1996, it became a deemed public company on June 30, 2000, reconverted to private on June 15, 2001, was renamed Polycab Wires Limited on August 29, 2018, and finally took its present name, Polycab India Limited, on October 13, 2018. The company owns 27 manufacturing facilities across Gujarat, Maharashtra, Uttarakhand, Karnataka, Tamil Nadu and U.T. Daman, and is the largest manufacturer of wires and cables in India; it also undertakes EPC projects.

Its product portfolio spans wires and cables (including LV/MV/EHV power cables, solar cables, instrumentation and optical-fibre cables), and FMEG such as fans, LED lighting and luminaires, switches, switchgears, conduits and fittings, water heaters, pumps and domestic appliances. The company has a global footprint, with an international presence in 84 countries and partnerships to strengthen distribution in North America. Polycab has 8 subsidiaries and one joint venture as of March 31, 2025.

Polycab India Limited Milestone

Key milestones in the latest year include completing “Project LEAP” ahead of schedule, launching the multi-year “Project Spring” growth programme, and delivering the company’s highest-ever revenue, EBITDA and PAT in FY 2024–25, while maintaining its position as the most profitable company in India’s electrical industry. The company also highlighted market leadership achievements and expanded manufacturing and distribution capabilities during the year.

Polycab India Limited’s Business Segments

• Wires & Cables: 84% of total sales in FY 2024–25.
• FMEG: 7% of total sales in FY 2024–25.
• EPC: 9% of total sales in FY 2024–25.
• Geography: International business contributed 6% of the company’s top-line, with presence across 84 countries.

Polycab India Limited Key Management

• Inder T. Jaisinghani – Chairman & Managing Director
• Bharat A. Jaisinghani – Executive Director
• Nikhil R. Jaisinghani – Executive Director
• Gandharv Tongia – Executive Director & CFO
• Vijay Pratap Pandey – Executive Director (w.e.f. January 22, 2025)
• Manita Carmen A. Gonsalves – Vice President – Legal and Company Secretary

Latest Updates on Polycab India Limited

• Strategic Roadmap: Completion of Project LEAP and launch of Project Spring, targeting accelerated growth in B2B and B2C, and a ramp-up of international business.
• Capital Expenditure Plan: Announced a capital expenditure plan of Rs 6,000–8,000 crore over the next five years, focused on capacity expansion, backward integration, digitisation and related initiatives; the plan is to be funded through internal accruals.
• International Expansion: Presence extended to 84 countries; partnered with leading distributors in North America to enhance reach via a hybrid distribution–institutional model.
• Segment Momentum and Open Order Book: EPC registered 143% YoY growth and contributed 9% of sales; open order book of about Rs 7,000 crore.
• Recent Recognitions: Export Excellence Award (FIEO), Iconic Brands of the Year 2024 (Economic Times), Asia’s Best Integrated Report – Governance (AIRA), Best Structured Cabling Brand (IT Voice Media), and others.