Polycab India Ltd
NSE: POLYCAB BSE: 542652
₹8207
(1.54%)
Sat, 17 Oct 2026, 08:52 am
Market Cap (in Cr)125387.91
PE Ratio43.25
Dividend0.56
Producer Manufacturing
Electrical Products
24.5KCompany History
1964
- Late Thakurdas Jaisinghani established Sind Electric Stores, which dealt in various electrical products.
1968
- The family business, Sind Electric Stores, was managed by Girdhari T. Jaisinghani, Inder T. Jaisinghani, Ajay T. Jaisinghani, and Ramesh T. Jaisinghani.
1975
- The partners of Thakur Industries entered into a lease agreement with MIDC for a parcel of land at Andheri, Mumbai, to set up a factory for manufacturing cables and wires.
1983
- Polycab Industries, a partnership firm, was registered as a small scale industrial unit.
1984
- The company's factory for manufacturing cables and wires, set up in 1975, ceased operations.
1996
- The company was incorporated as Polycab Wires Private Limited on January 10, 1996, at Mumbai.
1998
- The company set up a manufacturing facility for PVC insulated power cables, house wires, and other products at Daman.
- Polycab Industries, a partnership firm, was converted into a private limited company.
2008
- The company's turnover increased from over Rs. 10,000 million in Fiscal 2006 to over Rs. 21,000 million.
2009
- The company received an investment of Rs. 4,017.50 million from IFC.
2011
- Polycab Industries Private Limited was amalgamated into the company.
- The company's turnover increased to over Rs. 31,000 million.
2013
- The company entered into the switch and switchgears segment.
2014
- The company entered into the fans and LED lighting segment.
- The company set up manufacturing facilities for MCBs at Nashik, Maharashtra.
- The company received a Gold Trophy and a Silver Trophy at the 28th Annual Chapter Convention on Quality Concepts.
- The company received a Par Excellence Award and an Excellence Award at the 28th National Convention on Quality Concepts.
2016
- The company set up manufacturing facilities for ceiling fans at Roorkee, Uttarakhand.
- The company entered into an agreement with Trafigura Pte. Limited to form a joint venture, Ryker Base Private Limited, for setting up a copper rod manufacturing plant.
- The company set up a modernized facility for manufacturing higher voltage cables up to 220 kV at Halol, Gujarat.
2017
- The company entered into an agreement to acquire a joint venture, Techno Electromech Private Limited, for manufacturing LED lighting products.
- Polycab was honoured with Superbrands status.
2018
- The company was converted into a public limited company and its name was changed to Polycab Wires Limited.
- The company's name was changed from Polycab Wires Limited to Polycab India Limited.
- Polycab was honoured with the National Best Employer Brand award.
- Polycab was honoured with Superbrands status.
- Polycab was honoured with ACETECH Grand Stand Awards for stall design in Delhi.
2019
- The name of Karvy Fintech Private Limited, the Registrar and Transfer Agent of the Company, was changed to KFin Technologies Private Limited.
- Polycab India Limited listed on NSE and BSE with an initial public offering of Rs. 13450 million, which was subscribed 52 times.
- Polycab was honoured with ACETECH Grand Stand Special Jury Recognition for stall design in Mumbai.
2022
- Polycab announced a strategic partnership with Redington India.
- Polycab announced a scheme of amalgamation between Silvan Innovation Labs Private Limited and Polycab India Limited.
2023
- The company relaunched its brand with a new logo.
- The company received the amalgamation order for the merger of Silvan Innovation Labs Private Limited with Polycab India Limited.
