Polycab India balance sheet

As of Sep 2026

Total assets: ₹23,795cr+38.6% on Sep 2025
Shareholders' equity: ₹13,237cr+23.8% on Sep 2025
Total debt: ₹112cr−12.2% on Sep 2025
Cash and investments: ₹4,224cr+96.7% on Sep 2025

₹ crore except per share

Tap a line for its trend	H1 FY27Sep 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Current assets
Non-current assets						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	3,676	3,505	2,791	2,241	2,047
	1,401	1,139	708	578	251
	102	88.3	79.0	76.3	0.0
	0.0	0.0	0.0	4.6	4.6
	2.7	147	141	16.0	15.7
	18.8	0.0	0.0	0.0	0.0
	536	448	299	119	52.6
	347	57.2	71.2	31.1	32.2
	901	505	371	150	84.9
	14.7	—	24.0	12.9	1.3
	376	431	340	286	113
	6,473	5,816	4,454	3,365	2,517
	6,963	5,560	3,661	3,675	2,951
	4,013	3,405	1,749	1,822	1,350
	3,459	3,759	2,596	2,047	1,247
	211	390	217	307	153
	362	492	553	95.3	542
	11.2	11.2	11.1	10.6	10.3
	265	263	115	33.6	29.6
	8,322	8,320	5,242	4,316	3,332
	2,033	778	416	723	625
	17,319	14,658	9,319	8,714	6,909
	2.7	2.6	0.0	0.0	—
	23,795	20,476	13,773	12,079	9,425
Equity
	151	151	150	150	150
	12,943	11,858	9,675	8,037	6,481
	13,094	12,009	9,825	8,187	6,631
	143	118	81.8	56.2	37.4
	13,237	12,127	9,907	8,243	6,669
Liabilities
	26.0	39.3	41.9	22.6	4.2
	176	345	81.4	78.3	22.4
	202	384	123	101	26.6
	73.8	0.0	41.3	60.1	45.0
	42.0	—	103	54.4	42.3
	199	—	88.6	1.6	16.5
	517	384	356	258	130
	85.6	93.2	67.1	67.2	151
	1,967	1,799	1,430	2,863	2,033
	6,895	4,288	1,628	289	99.6
	8,947	6,180	3,124	3,219	2,283
	145	134	62.9	31.4	26.8
	120	77.2	15.6	12.5	34.9
	829	1,574	308	315	282
	10,041	7,965	3,510	3,578	2,627
	10,558	8,349	3,866	3,836	2,757
	23,795	20,476	13,773	12,079	9,425
Liabilities — additional as-filed lines
	0.0	—	0.0	40.6	0.0
Trade payables — MSME split
	160	164	150	—	—
	1,807	1,635	1,279	—	—

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

POLYCAB₹7,400.00

Polycab India Ltd.

· Capital Goods & Defence

₹ CrorePeersKEI RRKABEL HAVELLS GVT&D POWERINDIA APLAPOLLO SUPREMEIND WAAREEENERMcap ₹1.11L Cr

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In ₹ Crore except Per Share As of	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/09/2026
Non-current Assets
+ Property, Plant & Equipment	2,046.6	2,240.6	2,791.3	3,505.1	3,675.8
+ Capital Work-in-Progress	250.8	578.4	708.1	1,139.3	1,400.8
+ Investment Property	0.0	76.3	79.0	88.3	101.7
+ Goodwill	4.6	4.6	0.0	0.0	0.0
+ Other Intangibles	15.7	16.0	140.8	146.7	2.7
+ Non-current Investments	0.0	0.0	0.0	0.0	18.8
+ Trade Receivables — Non-current	52.6	119.1	299.4	447.8	535.5
+ Other Non-current Financial Assets	32.2	31.1	71.2	57.2	347.1
Non-current Financial Assets	84.9	150.2	370.7	505.0	901.4
+ Deferred Tax Assets	1.3	12.9	24.0	—	14.7
+ Other Non-current Assets	112.8	285.9	339.7	431.4	376.2
Total Non-current Assets	2,516.7	3,364.9	4,453.7	5,815.7	6,473.3
Current Assets
+ Inventories	2,951.4	3,675.1	3,661.3	5,559.6	6,963.4
+ Current Investments	1,350.5	1,822.4	1,749.0	3,404.8	4,013.1
+ Trade Receivables	1,246.6	2,047.1	2,596.3	3,758.5	3,459.3
+ Cash & Cash Equivalents	152.8	307.0	217.4	390.3	211.2
+ Other Bank Balances	542.5	95.3	553.2	492.1	362.1
+ Short-term Loans	10.3	10.6	11.1	11.2	11.2
+ Other Current Financial Assets	29.6	33.6	114.7	263.3	265.4
Current Financial Assets	3,332.3	4,316.1	5,241.8	8,320.3	8,322.2
+ Other Current Assets	625.1	722.8	415.9	778.0	2,033.5
Total Current Assets	6,908.7	8,714.0	9,319.0	14,657.9	17,319.1
+ Assets Held for Sale	—	0.0	0.0	2.6	2.7
Total Assets	9,425.5	12,078.9	13,772.7	20,476.2	23,795.1
Equity
+ Equity Share Capital	149.8	150.2	150.4	150.6	150.7
+ Other Equity / Reserves	6,481.4	8,036.9	9,674.6	11,858.0	12,943.4
Equity — Owners of Parent	6,631.1	8,187.1	9,825.0	12,008.6	13,094.1
+ Minority Interest	37.4	56.2	81.8	118.2	143.1
Total Equity	6,668.5	8,243.3	9,906.8	12,126.8	13,237.2
Liabilities
+ Borrowings — Non-current	4.2	22.6	41.9	39.3	26.0
+ Other Non-current Financial Liab	22.4	78.3	81.4	344.9	176.1
Non-current Financial Liabilities	26.6	100.9	123.4	384.2	202.1
+ Provisions — Non-current	45.0	60.1	41.3	0.0	73.8
+ Deferred Tax Liabilities	42.3	54.4	102.5	—	42.0
+ Other Non-current Liabilities	16.5	1.6	88.6	—	199.1
Non-current Liabilities	130.4	257.6	355.8	384.2	517.1
+ Borrowings — Current	150.9	67.2	67.1	93.2	85.6
+ Trade Payables	2,032.6	2,863.3	1,429.5	1,798.8	1,966.7
+ Other Current Financial Liab	99.6	288.9	1,627.6	4,288.3	6,894.6
Current Financial Liabilities	2,283.1	3,219.4	3,124.1	6,180.3	8,946.9
+ Provisions — Current	26.8	31.4	62.9	134.2	145.0
+ Current Tax Liabilities	34.9	12.5	15.6	77.2	119.8
+ Other Current Liabilities	281.8	314.5	307.6	1,573.6	829.0
Current Liabilities	2,626.6	3,577.9	3,510.1	7,965.2	10,040.8
Total Liabilities	2,757.0	3,835.5	3,865.9	8,349.4	10,557.9
Total Equity & Liabilities	9,425.5	12,078.9	13,772.7	20,476.2	23,795.1
Liabilities — additional as-filed lines
+ Deferred Government Grants — Non-current	0.0	40.6	0.0	—	0.0
Trade Payables — MSME split
+ Dues to Micro & Small — Current	—	—	150.4	163.5	160.2
+ Dues to Other Creditors — Current	—	—	1,279.1	1,635.3	1,806.5

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

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Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.