Polycab (POLYCAB) Corporate Presentation summary

Company overview and market position

• Holds 26-27% share of India's organized wires and cables market, with a 9-year CAGR of 25% in FMEG and 6-year revenue CAGR of 19%.

• Operates 28 manufacturing facilities across 8 locations, with strong backward integration and a diverse product portfolio of 5,400 SKUs.

• Extensive distribution network with 4,300+ dealers/distributors and 200,000+ retail outlets nationwide.

• Serves marquee customers across infrastructure, energy, real estate, and industrial sectors.

• Achieved FY26 revenue target a year early, prompting a new growth strategy (Project Spring).

Industry and macro opportunities

• Indian wires and cables industry projected to grow at 1.5-2x real GDP, driven by infrastructure, renewables, and real estate upcycle.

• Government initiatives like PLI, Make-in-India, and rising private capex support sector growth.

• Real estate sector expected to reach $1Tn by 2030, fueling demand for electrical products.

• Sunrise sectors (EVs, data centers, renewables) and global supply chain diversification present significant opportunities.

• Global wires and cables market to reach $410Bn by 2030, with strong demand from digitization, EVs, and renewables.

Business segments and growth drivers

• Wires & cables contribute 84% of external sales; FMEG (Fast Moving Electrical Goods) 7%; EPC 9%.

• FMEG business has grown at 25% CAGR over 9 years, leveraging in-house manufacturing and pan-India distribution.

• Focus on product innovation, premiumization, and expansion into higher-margin segments like switches and switchgears.

• Multi-format retail approach and digital initiatives enhance customer engagement and brand experience.