Rs 224+ Bn Turnover: FMEG Stock Hits Record FY25 Results With Rs 35 Dividend Upcoming; Why Bulls Are Eyeing?

With a consolidated turnover of more than Rs 224 billion in FY25, Polycab India Limited (PIL) is the largest producer of wires and cables in India and one of the fastest-growing FMEG businesses. Through a robust distribution network that includes more than 200,000 retail outlets and 4,300 authorized dealers, the firm provides its products to a wide range of customers. Strong, wide-ranging growth across all areas propelled the firm to record sales for the fourth quarter and the whole year, capping off FY25 on a historic high. Here's how traders could make investments in the company following the highest-ever quarterly and annual revenue and profitability, in addition to the Board's announcement of a substantial dividend of Rs 35.

Polycab India Dividend

The Board of Directors considered and approved the "recommendation of dividend @ 350% i.e. ₹35/- per equity share of face value of ₹10/- each for the financial year 2024-25 subject to approval of members at the ensuing Annual General Meeting. The dividend, if approved by the members in the ensuing Annual General Meeting will be paid on or before 30 days from the date of Annual General Meeting. The Book Closure and Record Date for dividend purpose will be intimated in due course," said the company in a stock exchange filing.

Polycab India Q4 & FY25 Results

Due to strong growth across business segments, the company's revenues in Q4 FY25 increased by 25% YoY to reach their highest-ever fourth quarter revenue. At the same time, the company reached a significant milestone in FY25, as its yearly revenue increased by 24% YoY to surpass Rs 220 Bn, surpassing the project leap FY26 revenue goal of Rs 200 Bn one year ahead of schedule.

In Q4 FY25, the company's consolidated net profit increased 32.68% to Rs 734.40 crore, while its revenue from operations improved 24.92% to Rs 6,985.8 crore over Q4 FY24. The EBITDA margin surged to 14.7% in Q4 FY25 from 13.6% in Q4 FY24, while EBITDA climbed 34.65% YoY to Rs 1,025.4 crore in the quarter that ended on March 31, 2025.

The net profit for the entire year improved 13.22% to Rs 2019.99 crore in March 2025 compared to Rs 1784.05 crore in March 2024. Compared to Rs 18039.44 crore in the year ending March 2024, sales increased 24.22% to Rs 22408.31 crore in FY25.

Polycab India Share Price Target

"Polycab is in a strong uptrend and recently gave a breakout from a key level. It has support around ₹5750 and ₹5600. If it sustains above ₹5900, the stock may head towards ₹6000-6150. The RSI is close to 70, suggesting strong momentum but nearing overbought territory. While the trend is clearly positive, short-term investors may wait for a minor dip before entering. Long-term outlook remains bullish," commented Riyank Arora - Technical Analyst - Mehta Equities Limited.

Disclaimer

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