Polycab India Limited — Investor Meet, 20-07-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Polycab Q1 FY27 Call: Strong growth continues! Revenue jumped 39% YoY, PAT hit a record 796.7 Cr (up 33%). EBITDA margins at 13.8%. Wires & Cables grew 39%, FMEG surged 71% with Solar leading. FMEG EBIT margins reached 8%, heading towards FY30 target of 8-10%. Domestic volume growth was low to mid-single digits on a high base. Exports faced geopolitical headwinds but momentum is returning, especially in the US with a strong order book. Management is upbeat on India's growth drivers: T&D, private capex, mobility, and future opportunities in data centers and EVs. The company sees robust demand ahead.