Polycab India Announces ₹47 Dividend: Record Date Fixed for June 19

Polycab India, one of India's leading wires and cables manufacturers, has announced a final dividend for the financial year 2025-26. The company has also fixed the record date for determining eligible shareholders who will receive the dividend, subject to approval at its upcoming Annual General Meeting (AGM).

Polycab Dividend Details

The board of Polycab India has recommended a final dividend of ₹47 per equity share with a face value of ₹10 each for FY26. This translates to a 470% dividend payout.

The company has fixed June 19, 2026, as the record date to determine eligible shareholders for the dividend.

If approved by shareholders at the company's 30th AGM, the dividend will be paid after June 30, 2026, after applicable tax deductions.

Key Dividend Information

Who Will Be Eligible?

Shareholders whose names appear in the company's records as of the close of business on June 19, 2026, will be eligible to receive the dividend.

This includes:

• Investors holding shares in demat form as reflected in depository records.
• Shareholders whose names appear in the company's register of members on the record date. 

Market Share Gains

Polycab continued to strengthen its position in the organised wires and cables market during FY26.

The company is estimated to have increased its market share to around 30–31%, compared with 26–27% in FY25. Its market share stood at about 19% in FY19, highlighting its strong growth over the years.

However, margins were impacted during the quarter due to product mix changes, lower exports and higher contribution from institutional projects.

Read More: NLC India Share Price in Focus as Government Launches OFS to Sell 3% Stake at Floor Price of ₹303 Per Share!

Polycab India Share Price Performance

Polycab India share price (NSE: POLYCAB) was trading at ₹9,663, up 1.77% or ₹168 on June 9, 2026. The stock opened at ₹9,502 and touched an intraday high of ₹9,688, while its low for the day remained at ₹9,502. The company's market capitalisation stood at ₹1.46 lakh crore, with a price-to-earnings (P/E) ratio of 54.61. 

Conclusion

Polycab India's ₹47 per share dividend announcement has put the stock in focus ahead of the June 19 record date. 

Investors interested in dividend-paying stocks can open a demat account to conveniently invest and trade in the stock market. 

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Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

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