Polycab stock heads into October 15 results after strong Q1

Published on 10/07/2026 at 03:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Polycab stock delivered Q1 FY27 revenue of INR 82,097 million, up 39.0 percent year over year. The October 15 board meeting sets the next results checkpoint.

Polycab, INE455K01017, Illustration mit AI erstellt.

Polycab stock (ISIN INE455K01017) was last at INR 8,147 on the NSE on October 6, 2026 at 3:15 p.m. IST, up 0.83 percent from the previous close. The company has scheduled its next results board meeting for October 15, 2026, creating a defined checkpoint after a strong first quarter.

October 15 sets the next test

According to Screener on October 6, 2026, Polycab will hold a board meeting on October 15 to approve unaudited results for the second quarter and first half of fiscal year 2027. That date matters because the June quarter combined rapid sales growth with a narrower operating margin.

The company reported Q1 FY27 revenue of INR 82,097 million, up 39.0 percent from INR 59,060 million in Q1 FY26, according to Polycab India. Consolidated PAT rose 32.8 percent to INR 7,967 million from INR 5,997 million over the same periods, while EBITDA reached INR 11,362 million.

Growth meets margin pressure

The earnings mix is important for the October update. Q1 FY27 EBITDA margin was 13.8 percent, compared with 14.5 percent in Q1 FY26, so revenue expanded faster than profitability.

Prabhudas Lilladher upgraded Polycab to Buy and raised its target to INR 10,764 from INR 10,503 in its July 16, 2026 result update, as reported by DSIJ. The broker also projected FY27E and FY28E sales growth of 1.6 percent and 2.0 percent above its earlier estimates, respectively.

Competition is the counterweight to that growth profile. Upstox reported on October 6, 2026 that UltraTech's Ultravolt entry had increased concern over pricing and margins in India's wires and cables market. Polycab's Q2 margin and volume commentary will show whether demand can absorb that pressure.

Polycab stock stays below its high

Polycab stock was last at INR 8,147 on the NSE on October 6, 2026, with a 52-week range of INR 6,663 to INR 10,126. The quote stood 19.5 percent below the 52-week high, while market capitalization was INR 1.2 trillion and recorded volume was 301,623 shares.