Polycab Share Price

About Polycab

Core Activities & Products

• Energy Cables: The company offers 9 types of cables used for transmission and distribution of electrical energy from the source of electrical power to the desired location.
• Special Cables: the company offers 5 types of cables used in highly complicated operation areas and in severe weathering conditions to make all sophisticated instruments operational.
• Communication Cables: The company offers 3 types of cables used for transmitting analogue or digital data and signal from the source to the receiver end.

• Polycab wires: Polycab has introduced ‘Green Wires’ conforming to stringent European norms in environmental sustainability and cable safety. The Polycab Green Wire is energy efficient, recyclable, RoHS compliant, has low smoke density and emits fewer toxic gases in extreme fire situations, thus making it the preferred choice for Green Buildings.
• Etira Wires: ETIRA Single Core FR wires are made with the highest grade electrolytic copper & incorporate FlameStop insulation technology which makes it ideal for wiring in closed confined spaces and applications that require high flexibility. Suited for both indoor and outdoor installation in applications that require working voltages up to 1100V.

Board of Directors

• Chairman and Managing Director: Mr. Inder T. Jaisinghani
• Executive Director: Mr. Bharat A. Jaisinghani
• Executive Director: Mr. Nikhil R. Jaisinghani
• Executive Director: Mr. Rakesh Talati
• Independent Director: Mr. T. P. Ostwal
• Independent Director: Mr. R. S. Sharma
• Independent Director: Mr. Pradeep Poddar
• Independent Director: Mrs. Sutapa Banerjee

Key Executives

• Chief Financial Officer: Mr. Gandharv Tongia
• Company Secretary & Compliance Officer: Ms. Manita Carmen A. Gonsalves
• Director - Commodities (Non-board member): Mr. Anil Hariani
• Executive President and Chief Supply Chain Officer: Mr. Anil Shipley
• Executive President (Strategic Initiatives & New Businesses): Mr. Anurag Agarwal
• Executive President & Chief Operating Officer (Telecom Business): Mr. Ashish D. Jain
• Executive President & Chief Business Officer (LDC & HDC): Mr. Bhushan Sawhney
• President (Packaging Development): Mr. Diwaker Bharadwaj
• Head Agri Products: Mr. Kunal Jaisinghani
• President and Chief Marketing Officer: Mr. Nilesh Malani
• Executive President & Chief Human Resource Officer: Mr. Rajesh Nair
• President (Projects): Mr. Rishikesh Rajurkar
• Executive President & Chief Procurement Officer: Mr. Sandeep Bhargava
• Executive President & Chief Treasury Officer: Mr. Sanjeev Chhabra
• Executive President & Chief Information Officer: Mr. Vivek Khanna

Presence

Performance in Various Sectors

• Wires and Cables: The revenue of this segment grew by 41% YOY and touched ₹10,695 crore. The company relaunched Polycab Green Wire with a new product proposition and focused on execution and investment in distribution expansion, R&D and digitalisation which resulted in a healthy double digit volume growth in wires and cables as well as market share gains. It also launched a new sub brand ‘Etira’. The company is India’s dominant manufacturer and seller of a diverse range of wires and cables for retail and industrial use.
• FMEG: This segment saw a 21% YOY growth in sales led by strategic interventions, distribution expansion and healthy demand environment as well as Market share gains across most categories.
• Others: The company saw a 2x increase in contribution from premium products. It acquired Silvan Innovation Labs, which has a significant presence in the niche of home automation market. The acquisition adds to the company’s IoT portfolio and aligns with their strategy to address evolving consumer needs and provide new-age innovative solutions for both homes and enterprises. It also launched 30+ new models of fans and appliances across premium, economy and other categories with a focus on covering the entire price spectrum.

CSR and Sustainability :

• Green Wire: The low smoke, fire resistant, non carcinogenic, lead free wires ideal for household use is designed for environmentally friendly usage and performance
• Town Development Program
• Contribution to eradicate malnutrition in rural Gujarat
• Tree Plantation
• Breast Cancer Awareness Camp
• Flood Relief Camp

• STEM labs in schools: The company has set up science laboratories in schools, enabling students to gain practical knowledge and thus improve their academic performance.
• Computer Labs: It is working on developing 11 computer laboratories over three years to help students become more tech-savvy.
25 Anganwadis were built and 14 renovated during FY22.
• Martial arts: it offers a three-year certification course in self-defence to train women in physical and mental preparedness.
• It organized a 3 month-long beauty course. This has enabled four girls to start their beauty parlours.
• Sanitation: It constructed toilets and provided clean drinking water in Gadhmahuda, Chachariya and Govindpuri villages in Gujarat.
• Check dam: It constructed four new check dams and renovated four in Rayankhand, Vavdi village in and Pandol village in Gujarat.
• Cattle sheds: It has undertaken the revival of three cattle sheds around the company’s adjoining communities.
• Cattle camps: 3,300+ Cattles benefited in 17 villages of Halol.
• Seedling distribution: Good quality seedlings were distributed in 21 villages to help residents create their own gardens to source nutritious food. Around 6,000 trees were planted.
• Environmental sustainability: The company has a partnership with the Airport Authority of India (AAI) and Green Saviours, an environmentally aware NGO from Belagavi.
• Malnutrition check-up: Its Mobile Medical Unit (MMUs) offer services such as outdoor consultation, medicine supply, health counseling. On an average, 90 -100 patients take advantage of these services each day.
• iBreast Check-up camp: It jointly conducted a breast tumor detection camp with Shree Halol Stree Samaj and held health camps in rural areas, hospitals, industries, institutes, public healthcare centers, government offices. 8,000+ women have benefited from health camps.
• Health cards: It has undertaken an initiative to prepare health cards for the entire population of 20 villages around its facilities.
• Healthcare for the specially abled: It organized special health camps for 63 physically challenged people and undertook their full health check. We also distributed walkers, wheelchairs, tricycles, sensor sticks and hearing aids for them in Panchmahal, Gujarat.
• Agriculture: It held a session to create awareness on best farming practices, crop planning and care, mushroom farming, post-harvest management, product sales and marketing.
• Access to government schemes: It has been assisting them to get enrolled for schemes such as Widow Pension, Pradhan Mantri Suraksha Yojana, Pradhan Mantri Jivan Jyoti Bima Yojana, Pradhan Mantri Awas Yojana, Pradhan Mantri Kisan Samman Nidhi Yojana, opening of bank accounts etc.

Covid-19 Impact

Future Prospects

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Initial Public Offering

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