Highlights

• Polycab India Limited shares gained over 7 percent during Thursday’s session.
• The stock touched a fresh 52-week high of INR 9,025 on May 7.
• Polycab reported record FY26 revenue and profitability across major business segments.

Shares of Polycab India Limited (NSE:POLYCAB) rose 7.11 percent on May 7, 2026, following the company’s Q4 FY26 earnings announcement and annual financial performance update.

The stock traded at INR 9,014 during the afternoon session on NSE, compared with the previous close of INR 8,415.50. The stock opened at INR 8,499 and touched an intraday high of INR 9,025, marking a fresh 52-week high. The day’s low remained at INR 8,450, while VWAP stood at INR 8,880.59.

Source: TradingView

Revenue and Profit Reach Record Levels

Polycab reported consolidated revenue of INR 88,645 million for Q4 FY26, reflecting 27 percent year-on-year growth. EBITDA for the quarter increased 13 percent year-on-year to INR 11,613 million, while profit after tax rose 7 percent to INR 7,856 million.

For the full financial year FY26, consolidated revenue reached INR 288,838 million, up 29 percent from the previous year. EBITDA grew 35 percent year-on-year to INR 40,057 million, while PAT increased 32 percent to INR 27,084 million.

Data Source: Company Filing

Wires and Cables Business Drives Growth

The wires and cables segment remained the largest contributor to the company’s performance. Revenue from the segment increased 30 percent year-on-year during Q4 FY26 to INR 76,735 million.

Polycab said execution under “Project Spring” contributed to market share gains in the domestic organized wires and cables industry. The company estimated its domestic market share at approximately 30-31 percent during FY26.

International business revenue increased 18 percent year-on-year during the quarter, with the company expanding its presence to 94 countries.

Data Source: Company Filing

FMEG Segment Shows Momentum

The fast-moving electrical goods (FMEG) segment recorded 47 percent year-on-year revenue growth during Q4 FY26, reaching INR 6,918 million.

Polycab said solar products emerged as a major contributor within the FMEG portfolio during the year. The segment also reported improving profitability supported by operating leverage and product mix changes.

Meanwhile, the EPC segment reported a decline in revenue and profitability due to project execution timing.

Market Performance and Trading Activity

Polycab shares have delivered 53 percent returns over the past one year and 514.63 percent returns over five years. The stock outperformed the NIFTY MIDCAP 50 index across multiple periods.

During Thursday’s session, traded volume stood at 17.53 lakh shares, with traded value reaching INR 1,556.40 crore. The company’s total market capitalisation stood at INR 1,35,712.21 crore.

Key Risks Investors Should Track

• Raw material price fluctuations may impact operating margins.
• Export contribution decline may affect international revenue mix.
• EPC project execution delays could impact segment performance.
• Market volatility may increase short-term stock price fluctuations.

Summary

Polycab (NSE:POLYCAB) shares rose more than 7 percent on May 7, 2026, touching a fresh 52-week high after the company reported record FY26 revenue and profitability. Revenue for FY26 increased 29 percent year-on-year, while PAT grew 32 percent. Growth was primarily driven by the wires and cables business, alongside improving momentum in the FMEG segment and expansion across international markets.

FAQs

Q: Why did Polycab shares rise on May 7, 2026?

A: Polycab shares gained after the company reported record FY26 revenue, EBITDA, and profit growth.

Q: What was Polycab’s FY26 revenue performance?

A: Polycab reported consolidated FY26 revenue of INR 288,838 million, up 29 percent year-on-year.

Q: What is Polycab’s 52-week high share price?

A: Polycab shares touched a fresh 52-week high of INR 9,025 during Thursday’s trading session.