Polycab India Share Price Today Hits 52-Week High! Rallies 6.3% On Upbeat Q4 Profit, Dividend | Buy or Sell?

Polycab India Share Price Today: Shares of Polycab India touched their 52-week high mark on Thursday, May 7, after the wires and cables firm reported a 7% jump in its fourth quarter result for the financial year 2025-26. The company has also announced 470% dividend for FY26.

Polycab India share price was trading 6.32% higher at Rs 8950 per share on BSE with a market capitalisation of Rs 1,34,748.65 crore at 11:30 am on BSE on Thursday. The stock surged to its 52-week high mark of Rs 8,988.50 per share and an intraday low of Rs 5,535.30 per share.

Polycab India Q4 Result Review

Polycab India reported a soft quarter, however, the core growth trajectory of the company remained intact. The wires and cables segment delivered a modest growth in Q4FY26 with domestic revenue soaring by 30.3% on an annual basis. The company's exports grew by 17.8% driven by strong cable demand, as per a PL Capital report released on Thursday.

"The international business contributed 4.4% to consolidated revenue. EBIT margin for the W&C segment stood at 13.1%, impacted by lower export contribution, higher institutional mix & operating deleverage," read the report.

Polycab India Share Price Recommendation

PL Capital gave a 'Buy' rating to Polycab India stock with a target price of Rs 10,282 per share in the long-term. "We expect revenue/EBITDA/PAT CAGR of 20.1%/20.6%/20.2% over FY26-28E. We upward revise our FY27/FY28 earnings estimates by 3.2%/7.0% factoring margin improvement and stronger sales growth. We assign SOTP-based target price of INR10,282 (INR 9,611 earlier), implying PE of 40x FY28E," stated the brokerage in its report.

Polycab India Dividend

Polycab India's board of directors, on Wednesday, approved the recommendation of 470% dividend for FY26, which means Rs 47 dividend for every share with a face value of Rs 10. "The Board of Directors of the Company at its meeting held today i.e. May 06, 2026, inter alia considered and approved the recommendation of dividend @ 470% i.e. ₹ 47/- per equity share of face value of ₹10/- each for the Financial Year 2025-26 subject to approval of members at the ensuing Annual General Meeting," read a BSE filing released on Wednesday.

Polycab India Q4 Result Recap

The company reported a 6.98% jump in its net consolidated profit to Rs 785.6 crore in the fourth quarter of the financial year 2025-26. Polycab India's net consolidated revenue from operations increased to Rs 88,64.4 crore during the quarter under review.

Polycab India's consolidated revenue increased by 27% on an annual basis to Rs 88,645 million. The revenue growth was driven by strong execution across the wires and cables business and fast moving electrical goods (FMEG) business. Polycab India's EBITDA grew by 13% YoY, with consolidated margins at 13.1%