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Polycab is India’s largest manufacturer of cables and wires with a market share of 18% in the organized segment. It is also a fast-growing player in the fast-moving electrical goods (FMEG) industry. While incorporated in 1996, the foundation of our Company was laid in 1964 with the setting up of a humble electrical store under the name Sind Electric Stores. Polycab has 25 manufacturing facilities in India and a strong network of 3,500+ distributors all over India. Polycab's products are sold in more than 1.25 lakh retail outlets all over India. As of today, Polycab has a market cap of Rs 15,000 Cr. So it is a mid-cap company.
Business Segment:
Wires and cables: Polycab has a diverse customer base across a wide range of industries, including health-care, oil and gas, renewable energy, IT digitalization, infrastructure, metal, defense, mass transit systems, electric vehicles, and real estate.
Fast-moving electrical goods: Leveraging its brand recall, distribution strength, pioneering R&D capabilities, and marketing initiatives, Polycab has been strengthening its FMEG business. In fact, Polycab’s FMEG revenue has been steadily growing year-on-year registering a CAGR of about 47% during the past five years. This would be one of the key segments to drive growth for Polycab in the future.
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