Revenue growth 1.5-2x industry in cables & wires
Polycab targets growing at 1.5 to 2 times the industry growth rate in the wires and cables segment, consistent with Project Spring.
POLYCABINDIA / guidance tracker
Keep management guidance in view.
Polycab India · forward-looking guidance across the available source record.
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Guidance tracker
What management said would happen.
growth
FMEG EBITDA margin of 8-10% by FY30
The FMEG segment aims to achieve EBITDA margins of 8-10% by financial year 2030, up from 4.1% in Q4 FY26.
Capex of ₹60-80 billion over 5 years
Under Project Spring, Polycab plans capital expenditure of ₹60-80 billion over the next five years, with ~90% allocated to wires & cables capacity expansion.
Export contribution >10% by FY30
Exports are targeted to contribute more than 10% of consolidated revenue by FY30, up from ~4.5% in FY26.