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ManufacturingMedium impactAfter close

Polycab India Q4 expenses rise 29%, margins contract

after close1 source ↓written by the desknot a recommendation

in total expenses
29.7% increase
in Q4 FY26
₹7,875.6 cr
contraction in EBITDA
160 basis points
EBITDA margin
13.1%
revenue grew
27% YoY

Polycab India Limited reported a 29.7% increase in total expenses to ₹7,875.6 cr in Q4 FY26, leading to a 160 basis points contraction in EBITDA margin to 13.1%. Despite this, revenue grew 27% YoY to ₹8,864.4 cr, driven by strong performance in the Wires Cables segment. The margin pressure reflects an unfavorable product mix and operating deleverage.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 7 May 2026, 16:08 IST.

Sourcesnews.google.com

The market after the news

POLYCAB closed +0.9% on the day of the news, from ₹9,003.00 to ₹9,083.00; Nifty −0.6% over the same session; futures OI −3.9%.

Bulletin at 16:08 IST on 7 May 2026. Every change is measured from ₹9,003.00, the last close before it, on 7 May. Nifty 50 is measured over the same sessions.

  • POLYCAB close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
POLYCAB closes around the bulletin against the close before the news, with Nifty 50 rebased to it811189159720axis spans 20%before the news · 7 May9003Nifty 50POLYCABbulletinD0+1+3+530 Apr13 May22 MayFutures open interest, lotspeak 17,000Reference close ₹9,003.00. 16 sessions from 30 Apr to 22 May; the price axis spans 20 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before7 May₹9,003.00basebase
On the day8 May₹9,083.00▲ +0.9%▼ −0.6%+1.5 pp difference
+1 session11 May₹9,065.50▲ +0.7%▼ −2.1%+2.8 pp difference
+3 sessions13 May₹8,887.50▼ −1.3%▼ −3.8%+2.5 pp difference
+5 sessions15 May₹9,152.50▲ +1.7%▼ −2.8%+4.5 pp difference
Gap at the open, % · ₹
▲ +0.3%+27.01 on 8 May
Day's range, % · ₹
2.3%≈ 210 high to low
Volume on the day
1.10×the 20-session average
Futures OI on the day
▼ −3.9%−670 lots · short covering · price +0.9%
Futures OI open, lots
16,0008 May · 26 May expiry
Futures premium, ₹
+31.00+0.3% to spot
Puts per call, by OI
1.24from 1.18 the session before
Max pain
8,800from 8,800 the session before

Source NSE UDiFF bhavcopy · POLYCAB on the desk →

Thread · POLYCABAll POLYCAB bulletins →

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