Polycab India Balance Sheet
- Market cap
- ₹1.24 lakh crore
- P/E
- 43.4
- P/B
- 10.36
- ROE
- 24.5%
- Dividend yield
- 0.57%
As of Mar 2022, Polycab India had total assets of ₹13,700 crore and borrowings of ₹1,200 crore, against shareholders' equity of ₹9,000 crore — a debt-to-equity ratio of 0.13. Borrowings fell 10.12% from Mar 2023.
Polycab India balance sheet
As at each financial year end, newest first. H1 = half-year.
| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity capital | 500 | 150 | 150 | 150 | 151 |
| Reserves | 8,500 | 5,613 | 7,090 | 8,655 | 10,798 |
| Borrowings | 1,200 | 1,335 | 2,023 | 1,509 | 4,501 |
| Other liabilities | 3,500 | 1,416 | 1,812 | 2,357 | 3,848 |
| Total liabilities | 13,700 | 9,425 | 12,079 | 13,776 | 20,476 |
| Fixed assets | 6,500 | 2,381 | 3,046 | 3,882 | 5,104 |
| Capital work in progress | 400 | 100 | 100 | 100 | 100 |
| Investments | 2,500 | 1,885 | 2,416 | 2,755 | 4,095 |
| Other assets | 4,300 | 2,828 | 3,624 | 4,133 | 6,143 |
| Total assets | 13,700 | 9,425 | 12,079 | 13,776 | 20,476 |
Balance sheet ratios
- Debt to equity
- 0.13
Source: Company filings (consolidated), in ₹ crore. Data as of 7 October 2026. How this data is compiled.
Polycab India balance sheet — frequently asked questions
What is the total debt of Polycab India?
Polycab India reported borrowings of ₹1,200 crore as of Mar 2022, compared with ₹1,335 crore as of Mar 2023.
What is Polycab India's debt-to-equity ratio?
Based on the Mar 2022 balance sheet, Polycab India's debt-to-equity ratio is 0.13 — borrowings of ₹1,200 crore against equity capital and reserves of ₹9,000 crore.
What are Polycab India's total assets?
Polycab India's total assets were ₹13,700 crore as of Mar 2022, including fixed assets of ₹6,500 crore and investments of ₹2,500 crore.
Same Data For Peers
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Figures are for information only and are not investment advice or a recommendation to buy, sell or hold any security. Investments in securities are subject to market risks; read all related documents carefully before investing.