{"id":155246,"date":"2026-07-16T15:35:43","date_gmt":"2026-07-16T10:05:43","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=155246"},"modified":"2026-07-16T15:35:45","modified_gmt":"2026-07-16T10:05:45","slug":"polycab-india-q1-results-fy27-pat-784-crore","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/polycab-india-q1-results-fy27-pat-784-crore\/","title":{"rendered":"Polycab India Q1 Results FY27: Net Profit Beats Estimates, Rises 32.5% to Rs 784 Crore"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>Polycab Q1 FY27: PAT Rs 784.3 Cr, up 32.5% YoY, beat estimate of Rs 713 Cr. Revenue Rs 8,209.7 Cr, up 39%. EBITDA Rs 1,136 Cr, margin 13.8%. Stock down 1.34% at Rs 9,200.00.<\/em><\/p>\n<p>Polycab India Q1 results FY27 were announced on Thursday, 16 July 2026, with the wires and cables major reporting a consolidated net profit of Rs 784.3 crore, up 32.5% from Rs 592 crore in the year ago quarter, comfortably beating the CNBC-TV18 poll estimate of Rs 713 crore. Revenue in the Polycab India Q1 results FY27 surged 39% year on year to Rs 8,209.7 crore from Rs 5,906 crore, also ahead of the polled estimate of Rs 7,902 crore.<\/p>\n<p>EBITDA came in at Rs 1,136 crore, up 32.5% from Rs 857.7 crore, beating the Rs 1,062 crore estimate, with margin at 13.8% against the poll&#8217;s 13.4% expectation, though down from 14.5% a year earlier. Shares of <a href=\"https:\/\/univest.in\/stocks\/polycab\/polycab-india-ltd-share-price-today\">Polycab India<\/a> fell 1.34% to close at Rs 9,200.00 despite the beat across every metric.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=polycab-india-q1-fy27-pat\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/polycab-india-q1-results-fy27-pat-784-crore\/#Polycab_India_Q1_results_FY27_Financial_Highlights\" title=\"Polycab India Q1 results FY27 Financial Highlights\">Polycab India Q1 results FY27 Financial Highlights<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/polycab-india-q1-results-fy27-pat-784-crore\/#Polycab_India_Q1_results_FY27_Performance_Analysis\" title=\"Polycab India Q1 results FY27 Performance Analysis\">Polycab India Q1 results FY27 Performance Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/polycab-india-q1-results-fy27-pat-784-crore\/#Polycab_India_Q1_results_FY27_Key_Business_Factors\" title=\"Polycab India Q1 results FY27: Key Business Factors\">Polycab India Q1 results FY27: Key Business Factors<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/polycab-india-q1-results-fy27-pat-784-crore\/#1_Strong_Wires_and_Cables_Demand\" title=\"1. Strong Wires and Cables Demand\">1. Strong Wires and Cables Demand<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/polycab-india-q1-results-fy27-pat-784-crore\/#2_Margin_Compression_from_Input_Costs\" title=\"2. Margin Compression from Input Costs\">2. Margin Compression from Input Costs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/polycab-india-q1-results-fy27-pat-784-crore\/#3_FMEG_Segment_Contribution\" title=\"3. FMEG Segment Contribution\">3. FMEG Segment Contribution<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/polycab-india-q1-results-fy27-pat-784-crore\/#Dividend_Details\" title=\"Dividend Details\">Dividend Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/polycab-india-q1-results-fy27-pat-784-crore\/#Polycab_India_Q1_results_FY27_Outlook_for_the_Full_Year\" title=\"Polycab India Q1 results FY27 Outlook for the Full Year\">Polycab India Q1 results FY27 Outlook for the Full Year<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/polycab-india-q1-results-fy27-pat-784-crore\/#Polycab_India_Stock_Performance_After_the_Q1_Results\" title=\"Polycab India Stock Performance After the Q1 Results\">Polycab India Stock Performance After the Q1 Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/polycab-india-q1-results-fy27-pat-784-crore\/#Key_Risks\" title=\"Key Risks\">Key Risks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/polycab-india-q1-results-fy27-pat-784-crore\/#1_Commodity_Input_Cost_Volatility\" title=\"1. Commodity Input Cost Volatility\">1. Commodity Input Cost Volatility<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/polycab-india-q1-results-fy27-pat-784-crore\/#2_Premium_Valuation_Risk\" title=\"2. Premium Valuation Risk\">2. Premium Valuation Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/polycab-india-q1-results-fy27-pat-784-crore\/#3_Competitive_Wires_and_Cables_Industry\" title=\"3. Competitive Wires and Cables Industry\">3. Competitive Wires and Cables Industry<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/polycab-india-q1-results-fy27-pat-784-crore\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/polycab-india-q1-results-fy27-pat-784-crore\/#Frequently_Asked_Questions_on_Polycab_India_Q1_results_FY27\" title=\"Frequently Asked Questions on Polycab India Q1 results FY27\">Frequently Asked Questions on Polycab India Q1 results FY27<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/polycab-india-q1-results-fy27-pat-784-crore\/#When_were_the_Polycab_India_Q1_results_FY27_announced\" title=\"When were the Polycab India Q1 results FY27 announced?\">When were the Polycab India Q1 results FY27 announced?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/polycab-india-q1-results-fy27-pat-784-crore\/#What_is_the_PAT_in_Polycab_India_Q1_results_FY27\" title=\"What is the PAT in Polycab India Q1 results FY27?\">What is the PAT in Polycab India Q1 results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/polycab-india-q1-results-fy27-pat-784-crore\/#What_was_the_revenue_in_Polycab_India_Q1_results_FY27\" title=\"What was the revenue in Polycab India Q1 results FY27?\">What was the revenue in Polycab India Q1 results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/polycab-india-q1-results-fy27-pat-784-crore\/#Why_did_Polycab_stock_fall_despite_beating_estimates_in_Q1_FY27\" title=\"Why did Polycab stock fall despite beating estimates in Q1 FY27?\">Why did Polycab stock fall despite beating estimates in Q1 FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/polycab-india-q1-results-fy27-pat-784-crore\/#What_is_the_EBITDA_margin_in_Polycab_Q1_results_FY27\" title=\"What is the EBITDA margin in Polycab Q1 results FY27?\">What is the EBITDA margin in Polycab Q1 results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/polycab-india-q1-results-fy27-pat-784-crore\/#How_did_Polycab_India_share_price_react_to_the_Q1_results_FY27\" title=\"How did Polycab India share price react to the Q1 results FY27?\">How did Polycab India share price react to the Q1 results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/polycab-india-q1-results-fy27-pat-784-crore\/#Is_Polycab_India_a_good_buy_after_the_Q1_results_FY27\" title=\"Is Polycab India a good buy after the Q1 results FY27?\">Is Polycab India a good buy after the Q1 results FY27?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Polycab_India_Q1_results_FY27_Financial_Highlights\"><\/span><strong>Polycab India Q1 results FY27 Financial Highlights<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The June quarter delivered a comprehensive beat against street estimates on revenue, EBITDA and net profit, a combination central to the Polycab India Q1 results FY27. The table below summarises the consolidated numbers against the year ago quarter and the CNBC-TV18 poll estimates.<\/p>\n<table>\n<thead>\n<tr>\n<th>Metric<\/th>\n<th>Q1 FY27 Actual<\/th>\n<th>CNBC-TV18 Poll<\/th>\n<th>YoY Change<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Revenue<\/td>\n<td>Rs 8,209.7 Cr<\/td>\n<td>Rs 7,902 Cr<\/td>\n<td>+39%<\/td>\n<\/tr>\n<tr>\n<td>EBITDA<\/td>\n<td>Rs 1,136 Cr<\/td>\n<td>Rs 1,062 Cr<\/td>\n<td>+32.5%<\/td>\n<\/tr>\n<tr>\n<td>EBITDA Margin<\/td>\n<td>13.8%<\/td>\n<td>13.4%<\/td>\n<td>-70 bps YoY<\/td>\n<\/tr>\n<tr>\n<td>Net Profit (PAT)<\/td>\n<td>Rs 784.3 Cr<\/td>\n<td>Rs 713 Cr<\/td>\n<td>+32.5%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Despite beating estimates on every headline metric in the Polycab India Q1 results FY27, EBITDA margin of 13.8% came in below the 14.5% reported a year earlier, a nuance that may explain the stock&#8217;s negative reaction even as absolute profit and revenue both surpassed expectations.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Polycab_India_Q1_results_FY27_Performance_Analysis\"><\/span><strong>Polycab India Q1 results FY27 Performance Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/sebi-registered-investment-advisor-india\"><strong>Get Personalised Guidance from a SEBI-Registered Investment Advisor<\/strong><\/a><\/p>\n<p>The scale of revenue growth at 39% in the Polycab India Q1 results FY27 reflects continued strong demand for wires and cables, driven by robust execution across the company&#8217;s domestic and export order book, alongside contribution from its expanding FMEG (fast moving electrical goods) segment.<\/p>\n<p>The year on year EBITDA margin decline to 13.8% from 14.5%, even as the company beat the margin estimate itself, suggests input cost pressures, particularly copper and aluminium prices, or a mix shift toward lower-margin segments partially offset the benefits of strong volume growth.<\/p>\n<p>The stock falling despite a clean beat across revenue, EBITDA and PAT in the Polycab India Q1 results FY27 illustrates how a rich starting valuation can mean even good results fail to satisfy the market, especially when a key margin metric like EBITDA margin shows year on year compression.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Polycab_India_Q1_results_FY27_Key_Business_Factors\"><\/span><strong>Polycab India Q1 results FY27: Key Business Factors<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"1_Strong_Wires_and_Cables_Demand\"><\/span><strong>1. Strong Wires and Cables Demand<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Robust demand across domestic infrastructure, real estate and industrial capex, alongside export growth, powered the 39% revenue surge in the Polycab India Q1 results FY27, a standout growth rate for a company of this scale.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Margin_Compression_from_Input_Costs\"><\/span><strong>2. Margin Compression from Input Costs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>EBITDA margin easing to 13.8% from 14.5% a year ago suggests copper and aluminium cost pressures, or a mix shift, weighed on profitability even as absolute earnings grew strongly.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_FMEG_Segment_Contribution\"><\/span><strong>3. FMEG Segment Contribution<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Growth in the company&#8217;s fast moving electrical goods segment, alongside the core wires and cables business, contributed to the broad-based revenue strength this quarter.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Dividend_Details\"><\/span><strong>Dividend Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>No new dividend was announced specifically alongside the Polycab India Q1 results FY27. Investors should watch for the company&#8217;s dividend history and future board meeting announcements to gauge its capital allocation approach going forward.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Polycab_India_Q1_results_FY27_Outlook_for_the_Full_Year\"><\/span><strong>Polycab India Q1 results FY27 Outlook for the Full Year<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Whether the company can arrest the year on year margin decline while sustaining its exceptional revenue growth will be the key question for investors tracking the September quarter. Management commentary on copper and aluminium cost trends, export order momentum, and FMEG segment profitability will offer important context for the rest of FY27.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Polycab_India_Stock_Performance_After_the_Q1_Results\"><\/span><strong>Polycab India Stock Performance After the Q1 Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Polycab India live share price and upcoming quarterly results.<\/em><\/p>\n<p>Polycab India share price fell 1.34% to close at Rs 9,200.00 on the NSE after the Polycab India Q1 results FY27, despite the company beating street estimates on revenue, EBITDA and net profit.<\/p>\n<p>The negative reaction despite the beat likely reflects the year on year EBITDA margin compression and the stock&#8217;s already elevated valuation, where strong absolute growth numbers were not enough to satisfy heightened investor expectations.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks\"><\/span><strong>Key Risks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Investors going through the fine print of the Polycab India Q1 results FY27 should also weigh the following risks.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_Commodity_Input_Cost_Volatility\"><\/span><strong>1. Commodity Input Cost Volatility<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>As a wires and cables manufacturer, profitability is sensitive to copper and aluminium price movements, and continued cost pressure could further compress the margin trends visible in the Polycab India Q1 results FY27.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Premium_Valuation_Risk\"><\/span><strong>2. Premium Valuation Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Trading at a rich valuation reflecting years of consistent execution, the stock has limited room for error, and any further margin disappointment could trigger sharper corrections.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Competitive_Wires_and_Cables_Industry\"><\/span><strong>3. Competitive Wires and Cables Industry<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The wires and cables and FMEG segments remain competitive, with multiple organised and unorganised players vying for market share, which could pressure pricing power over time.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Polycab India Q1 results FY27 show a clean beat, with PAT up 32.5% to Rs 784.3 crore and revenue up 39% to Rs 8,209.7 crore, both ahead of street estimates, even as the stock fell on year on year EBITDA margin compression to 13.8% from 14.5%. Strong revenue growth is the headline positive in the Polycab India Q1 results FY27, against the margin trend and premium valuation. Investors should track cost pressures and consult a SEBI-registered advisor before acting on the numbers.<\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Polycab_India_Q1_results_FY27\"><\/span><strong>Frequently Asked Questions on Polycab India Q1 results FY27<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"When_were_the_Polycab_India_Q1_results_FY27_announced\"><\/span><strong>When were the Polycab India Q1 results FY27 announced?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Polycab India Q1 results FY27 were announced on Thursday, 16 July 2026, for the quarter ended 30 June 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_PAT_in_Polycab_India_Q1_results_FY27\"><\/span><strong>What is the PAT in Polycab India Q1 results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The PAT in Polycab India Q1 results FY27 stood at Rs 784.3 crore, up 32.5% from Rs 592 crore in Q1 FY26, beating the CNBC-TV18 poll estimate of Rs 713 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_was_the_revenue_in_Polycab_India_Q1_results_FY27\"><\/span><strong>What was the revenue in Polycab India Q1 results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue in the Polycab India Q1 results FY27 surged 39% year on year to Rs 8,209.7 crore from Rs 5,906 crore, ahead of the Rs 7,902 crore street estimate.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_Polycab_stock_fall_despite_beating_estimates_in_Q1_FY27\"><\/span><strong>Why did Polycab stock fall despite beating estimates in Q1 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Despite beating on revenue, EBITDA and PAT, Polycab stock fell after the Q1 results FY27 as EBITDA margin of 13.8% came in below the 14.5% reported a year earlier, alongside the stock&#8217;s already elevated valuation.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_EBITDA_margin_in_Polycab_Q1_results_FY27\"><\/span><strong>What is the EBITDA margin in Polycab Q1 results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> EBITDA margin in the Polycab India Q1 results FY27 stood at 13.8%, ahead of the 13.4% street estimate but down from 14.5% in Q1 FY26.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_did_Polycab_India_share_price_react_to_the_Q1_results_FY27\"><\/span><strong>How did Polycab India share price react to the Q1 results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Polycab India share price fell 1.34% to close at Rs 9,200.00 on the NSE after the Polycab India Q1 results FY27, despite the company beating estimates.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Polycab_India_a_good_buy_after_the_Q1_results_FY27\"><\/span><strong>Is Polycab India a good buy after the Q1 results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Polycab India Q1 results FY27 show a clean beat on revenue and profit, though year on year margin compression and premium valuation are factors to watch. This article is for educational purposes only. Consult a SEBI-registered advisor before investing.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"When were the Polycab India Q1 results FY27 announced?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Polycab India Q1 results FY27 were announced on Thursday, 16 July 2026, for the quarter ended 30 June 2026.\"}},{\"@type\":\"Question\",\"name\":\"What is the PAT in Polycab India Q1 results FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The PAT in Polycab India Q1 results FY27 stood at Rs 784.3 crore, up 32.5% from Rs 592 crore in Q1 FY26, beating the CNBC-TV18 poll estimate of Rs 713 crore.\"}},{\"@type\":\"Question\",\"name\":\"What was the revenue in Polycab India Q1 results FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue in the Polycab India Q1 results FY27 surged 39% year on year to Rs 8,209.7 crore from Rs 5,906 crore, ahead of the Rs 7,902 crore street estimate.\"}},{\"@type\":\"Question\",\"name\":\"Why did Polycab stock fall despite beating estimates in Q1 FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Despite beating on revenue, EBITDA and PAT, Polycab stock fell after the Q1 results FY27 as EBITDA margin of 13.8% came in below the 14.5% reported a year earlier, alongside the stock's already elevated valuation.\"}},{\"@type\":\"Question\",\"name\":\"What is the EBITDA margin in Polycab Q1 results FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"EBITDA margin in the Polycab India Q1 results FY27 stood at 13.8%, ahead of the 13.4% street estimate but down from 14.5% in Q1 FY26.\"}},{\"@type\":\"Question\",\"name\":\"How did Polycab India share price react to the Q1 results FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Polycab India share price fell 1.34% to close at Rs 9,200.00 on the NSE after the Polycab India Q1 results FY27, despite the company beating estimates.\"}},{\"@type\":\"Question\",\"name\":\"Is Polycab India a good buy after the Q1 results FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Polycab India Q1 results FY27 show a clean beat on revenue and profit, though year on year margin compression and premium valuation are factors to watch. This article is for educational purposes only. Consult a SEBI-registered advisor before investing.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Polycab India Q1 results FY27: net profit up 32.5% YoY to Rs 784.3 crore, revenue up 39% to Rs 8,209.7 crore, both beating CNBC-TV18 poll estimates. Stock falls despite the beat on year on year EBITDA margin compression. Full analysis.<\/p>\n","protected":false},"author":34,"featured_media":155258,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[4796],"class_list":["post-155246","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-q1-results-fy27"],"metadata":{"rank_math_internal_links_processed":["1"],"_edit_lock":["1784196348:23"],"_last_editor_used_jetpack":["block-editor"],"rank_math_primary_category":["842"],"rank_math_seo_score":["80"],"rank_math_title":["Polycab India Q1 results FY27: PAT Rs 784 Cr, Beats Estimates"],"rank_math_description":["Polycab India Q1 results FY27: net profit up 32.5% YoY to Rs 784 crore, beating CNBC-TV18 poll estimate of Rs 713 crore, revenue up 39% to Rs 8,210 crore. Full Q1 FY27 analysis."],"rank_math_focus_keyword":["Polycab India Q1 results FY27"],"rank_math_robots":["a:2:{i:0;s:8:\"nofollow\";i:1;s:7:\"noindex\";}"],"_thumbnail_id":["155258"],"_edit_last":["23"],"_ez-toc-disabled":[""],"_ez-toc-insert":[""],"_ez-toc-header-label":[""],"_ez-toc-alignment":["none"],"_ez-toc-heading-levels":["a:0:{}"],"_ez-toc-alttext":[""],"_ez-toc-visibility_hide_by_default":[""],"_ez-toc-hide_counter":[""],"_ez-toc-exclude":[""],"_ez-toc-position-specific":["before"],"stm_select_gm_zoom":[""],"stm_agenda":[""],"stm_host":[""],"stm_select_approved_denied":[""],"stm_multiselect_approved":[""],"stm_multiselect_denied":[""],"stm_date":[""],"stm_time":[""],"stm_timezone":[""],"stm_duration":[""],"stm_password":[""],"stm_waiting_room":[""],"stm_join_before_host":[""],"stm_host_join_start":[""],"stm_start_after_participants":[""],"stm_mute_participants":[""],"stm_enforce_login":[""],"stm_alternative_hosts":[""],"top_bar_custom_style":[""],"top_bar_bg":[""],"wc_top_bar_cart_custom_style":[""],"wc_top_bar_cart_color":[""],"wc_top_bar_cart_icon_color_hover":[""],"wc_top_bar_cart_counter_color":[""],"wc_top_bar_cart_counter_color_hover":[""],"wc_top_bar_cart_counter_bg":[""],"wc_top_bar_cart_counter_bg_hover":[""],"top_bar_wpml_switcher_custom_style":[""],"wpml_switcher_color":[""],"top_bar_wpml_switcher_bg":[""],"top_bar_wpml_switcher_bg_hover":[""],"top_bar_wpml_switcher_color_hover":[""],"top_bar_socials_custom_style":[""],"top_bar_socials_color":[""],"top_bar_socials_color_hover":[""],"top_bar_search_custom_style":[""],"top_bar_search_color":[""],"top_bar_search_icon_color_hover":[""],"top_bar_contact_info_style":[""],"top_bar_contact_info_color":[""],"top_bar_contact_info_link_color":[""],"top_bar_contact_info_link_color_hover":[""],"top_bar_contact_info_select_bg":[""],"top_bar_contact_info_select_color":[""],"top_bar_contact_info_select_drop_bg":[""],"top_bar_contact_info_select_items_bg":[""],"top_bar_contact_info_select_items_color":[""],"top_bar_contact_info_select_items_hover":[""],"header_inverse":["default"],"enable_header_transparent":["off"],"header_nav_custom_style":[""],"header_bg":[""],"header_shadow":[""],"wc_cart_custom_style":[""],"wc_cart_icon_color":[""],"wc_cart_icon_color_hover":[""],"wc_cart_counter_color":[""],"wc_cart_counter_color_hover":[""],"wc_cart_counter_bg":[""],"wc_cart_counter_bg_hover":[""],"header_wpml_switcher_custom_style":[""],"header_wpml_switcher_color":[""],"header_wpml_switcher_color_hover":[""],"header_wpml_switcher_bg":[""],"header_wpml_switcher_bg_hover":[""],"header_socials_custom_style":[""],"header_socials_color":[""],"header_socials_color_hover":[""],"header_search_custom_style":[""],"header_search_icon_color":[""],"header_search_icon_color_hover":[""],"header_contact_info_style":[""],"header_contact_info_color":[""],"header_contact_info_link_color":[""],"header_contact_info_link_color_hover":[""],"header_button_custom_style":[""],"header_button_color":[""],"header_button_color_hover":[""],"header_button_bg":[""],"header_button_bg_hover":[""],"header_nav_menu_customize":[""],"header_nav_menu_link_color":[""],"header_nav_menu_link_color_hover":[""],"header_nav_menu_link_color_active":[""],"header_nav_menu_link_arrow_color":[""],"header_nav_menu_link_arrow_color_hover":[""],"header_nav_menu_level_1_bg":[""],"header_nav_menu_level_1_link_color":[""],"header_nav_menu_level_1_link_color_hover":[""],"header_nav_menu_level_1_link_bg_hover":[""],"header_nav_menu_level_1_link_arrow_color":[""],"header_nav_menu_level_1_link_arrow_color_hover":[""],"header_nav_menu_level_2_bg":[""],"header_nav_menu_level_2_link_color":[""],"header_nav_menu_level_2_link_color_hover":[""],"header_nav_menu_level_2_link_bg_hover":[""],"header_mega_menu_bg":[""],"header_mega_menu_title_color":[""],"header_mega_menu_title_color_hover":[""],"header_mega_menu_description_color":[""],"header_mega_menu_description_link_color":[""],"header_mega_menu_description_link_color_hover":[""],"header_mega_menu_color":[""],"header_mega_menu_color_hover":[""],"header_mega_menu_border_color":[""],"header_mega_menu_icons_color":[""],"header_nav_menu_customize_end":[""],"hfe_enabled_notice":[""],"disable_title_box":["default"],"hfe_disabled":[""],"enable_transparent":["default"],"title_box_title_bg_color":[""],"title_box_bg_custom_image":["default"],"title_box_bg_image":[""],"title_box_bg_position":["default"],"metabox_title_box_bg_position_x":[""],"metabox_title_box_bg_position_y":[""],"metabox_title_box_bg_attachment":["default"],"title_box_bg_size":["default"],"metabox_title_box_bg_size_slider":[""],"title_box_bg_repeat":["default"],"disable_title":["default"],"title_box_title_color":[""],"title_box_title_line_color":[""],"disable_breadcrumbs":["default"],"metabox_title_box_breadcrumbs_color":[""],"metabox_title_box_links_color":[""],"metabox_title_box_links_color_hover":[""],"content_bg_transparent":[""],"show_popup_single":[""],"popups_single":[""],"popups_single_event":[""],"popup_single_event_open_delay":[""],"popup_single_event_showing_in":[""],"popup_single_event_date_from":[""],"popup_single_event_date_to":[""],"popup_single_event_time_from":[""],"popup_single_event_time_to":[""],"popup_single_animation":[""],"popup_single_responsive":[""],"separator_footer_copyright_border_t":[""],"name":[""],"email":[""],"phone":[""],"company":[""],"memberId":[""],"testimonial_position":[""],"testimonial_company":[""],"testimonial_bg_img":[""],"testimonial_video_url":[""],"popups_width":[""],"popups_height":[""],"popups_image_bg":[""],"popups_color_bg":[""],"popups_border_radius":[""],"popups_template":[""],"rank_math_analytic_object_id":["27179"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/07\/Polycab-India-Q1-Results.jpg","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/155246","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=155246"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/155246\/revisions"}],"predecessor-version":[{"id":155260,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/155246\/revisions\/155260"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/155258"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=155246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=155246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=155246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}