Polycab India Limited — Investor Presentation 2025

May 6, 2025

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Date: 06[th] May 2025

To Department of Corporate Services BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai, MH - 400001

To Listing Department National Stock Exchange of India Limited C-1, G-Block, Bandra-Kurla Complex Bandra (E), Mumbai, MH - 400051

Scrip Code: 542652 Scrip Symbol: POLYCAB ISIN: INE455K01017

Dear Sir(s) / Madam(s),

Subject: Corporate Presentation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

In accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith corporate presentation on Audited (Standalone and Consolidated) Financial Results of the Company for the quarter and year ended 31[st] March 2025.

Kindly take the same on your record.

Thanking you

Yours Faithfully

For Polycab India Limited

Digitally signed by MANITA CARMEN ALBERT GONSALVES MANITA DN: c=IN, postalCode=400104, st=MAHARASHTRA, street=FLAT NO 8BUILDING NO 9PIRAMAL NAGAR S V ROADMUMBAIBESIDES PATEL PETROL PUMP 400104, l=MUMBAI, o=Personal, title=9350, serialNumber=e9923616fb581748338360a9dcca7ddbef53792 CARMEN ALBERT 338962e492591c02f91606f5f, pseudonym=935020230512111157429, 2.5.4.20=d6b37cc9b008ba4c44a5e26aead891e74cc85aea24a 8e6ad4562fa78a0802a6d, GONSALVES email=MANITA.GONSALVES@POLYCAB.COM, cn=MANITA CARMEN ALBERT GONSALVES Date: 2025.05.06 18:26:45 +05'30'

_______ Manita Carmen A. Gonsalves Vice President-Legal & Company Secretary

Membership No.: A18321 Address: #29, The Ruby, 21[st] Floor, Senapati Bapat Marg, Tulsi Pipe Road, Dadar (West), Mumbai, MH-400028

Encl: as above

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Registered Office: Unit 4, Plot No 105, Halol Vadodara Road, Village Nurpura, Taluka Halol, Panchmahal, Gujarat 389 350 Tel: 2676- 227600 / 227700

Corporate Office: Polycab India Limited CIN: L31300GJ1996PLC114183 #29, The Ruby, 21[st] Floor, Senapati Bapat Marg, Tulsi Pipe Road, Dadar (West), Mumbai 400 028 Tel: +91 22 6735 1400 Email: shares@polycab.com Web: www.polycab.com

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Corporate Presentation

May 2025

~~Content~~

❑ Company Overview

❑ Macro Opportunities ❑ Leadership in Wires & Cables ❑ Well Established FMEG Business ❑ Strengthening Brand Recognition ❑ Strong Manufacturing and R&D capabilities ❑ Robust Financials ❑ Project Spring ❑ ESG ❑ Corporate Governance ❑ CSR ❑ Shareholding Pattern

Company Overview

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Polycab India Limited | Corporate Presentation

Polycab: A Snapshot

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1 Manufacturer in India PAN India Network Well-footed FMEG player
Market leader in Wires & Cables [1] 4,300+ Dealers &
~26-27% Share of Organized Distributors 9-year CAGR at 25%
Market [2]
Well balanced product
2,00,000+ Retail Outlets
portfolio: 5,400 SKUs
Manufacturing Footprint Strong Management Proven Track Record
Bandwidth
28 Facilities, 8 locations 6-year CAGR
Blend of Entrepreneurial & Revenue 19%
Strong backward integration highly experienced EBITDA 21%, PAT 26%
professional management
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Note: FMEG: Fast Moving Electrical Goods; (1) In India, In terms of segment revenue; (2) As of March 31, 2025; (3) EBITDA - Earnings before Interest, Tax, Depreciation & Amortization excludes other Income; (4) PAT – Adjusted Profit after tax

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4

Our Journey

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Promoters
established Set up a facility Investment from Forayed into the Manufacturing of IPO: Listing on Commenced Long-term bank
the business for PVC insulated IFC of ₹ 4,018 Mn switches segment ceiling fans at BSE & NSE on 16 manufacturing facilities rating
Manufacturing power cables house Roorkee, April 2019. 52x Switches upgraded to
Uttarakhand
from Halol wires, telephone over subscribed Formulated 'CRISIL AAA/Stable’
cables, optical fibre
plant JV with Trafigura for ESG Framework
cables, switch board
copper rod
cables and quad Launched New
manufacturing
cables at Daman (Ryker) Loyalty App
1964 - 96 1998 2009 2013 2016 2019 2022 2024
1996 2006 2011 2014 2017 2021 2023 2025
Diversification into JV with Techno Bought out
fans and LED Electromech balance 50%
Launched Refreshed the Achieved Project
Company Crossed ₹ 10,000 Crossed ₹ 31,000 lighting segment for stake in Ryker Brand Leap Target
incorporated Mn in revenue Mn in revenue manufacturing Polycab Expert ahead of time
on Jan 10, 1996 Manufacturing of LED lighting Project Udaan Program Unveiled new
facility for MCBs at Initiated next 5-
products Rejuvenated Initiated brand identity,
Nashik, Maharashtra focus on Export's transformation "Ideas. year
market Project Leap Connected." transformation
Project Spring
Launched 5-
year ESG Goals
for FY30
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5

Our Segments: An Overview

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% of External Sales
84%
Wires & Cables
7%
FY 25 Total
Revenue Fast Moving Electrical
Goods
₹ 224,083 Mn
9%
Engineering
Procurement &
Construction
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6

Key Management Initiatives to Create Value

Enhance Brand Awareness and Customer Loyalty

Focus on Profitable growth

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Scale up International Business Improvement in Supply Chain

Expansion of Manufacturing Capacity

Governance & Performance based Culture Working on Sustainable Development

Improvement in Production Process

Expansion of Distribution Network

Induction of Qualified Professionals

Robust IT platform and Digitalization

Our culture is built on a solid foundation of values

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Polycab India Limited | Corporate Presentation

7

i-POWER

Purpose

Values

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Connecting all to a brighter future

Our innovative, safe and energy efficient products and solutions delight our customers

Our vibrant and inclusive culture leads to deep connections, value creation and growth for our People, Partners and Stakeholders

Our focus on sustainable development reflects our commitment to be a caring and responsible enterprise

I nnovative mindset Giving wings to novel ideas

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Caring about our people and their growth Serving to create delightful experiences Collaborating and celebrating wins

P eople at the core

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O bsession for the customer

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W inning together

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Bringing new possibilities to life with passion

E ntrepreneurial drive

R enew

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Being courageous, resilient and agile

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8

Macro Opportunities

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Indian Wires & Cables Industr is Poised for Sustained Growth y

Indian Wires & Cables Industry projected to grow ~1.5-2x Real GDP (vs ~1.5x Real GDP historically)

Indian Wires & Cables Market (₹ Bn):

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~1.5-2x GDP
~9% CAGR (1.5x GDP)
~900
350
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FY14 FY25 FY30E
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Source: Industry Reports; Company Estimates

Key Demand Drivers:

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Robust Domestic Demand

• Government’s thrust on infrastructure

• Increasing energy consumption boosting demand for power generation, transmission & distribution infrastructure

• • Real estate upcycle

• High demand from sunrise industries (Data Centers, EV, Electronics, Defence etc.)

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Exports Opportunity

• China + 1 supply alternative

• Global W&C is ~$285Bn market, growing at ~7.4% CAGR, driven by Renewables, Power, Oil & Gas

• Global annual grid capex is expected to rise from $290 Bn in 2022 to $633 Bn in 2030 to replace ageing infrastructure

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Organized Players To Dominate

• Focus on safety, GST regime, complex W&C applications to drive shift towards organized players

• Shift towards higher voltage products to benefit large players

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Power T&D ex ected to attract investments of ₹ 9 Tn+ over next 7 ears p y

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Energy
Power T&D and Renewable
Energy Network Expansion
Driving Industry Growth
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India Installed Power Capacity (GW)

Expected Addition in Transmission Lines

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777
41
80
140
470
64
280
49
103
8.8
256 277
FY25 FY30E
FY25 FY30E
Other Renewable Energy Wind
Annual Transmission Line Addition (‘000 KM)
Solar Fossil Fuel+ Nuclear
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Rising Power Consumption

Inter-Regional Grid Connectivity Projects

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Power transmission from surplus to deficit states, particularly in case of solar capacity which is concentrated in western & southern parts

From 1,395 units per capita in FY24 to 2,984 units in FY40E (current global avg is 3,700+ units)

Aggressive Renewable Energy Additions

Conversion of Overhead Electricity Lines to Underground Cabling

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From 216 GW to ~500 GW by FY30E as India aims to meet 50%+ energy needs through non-fossil fuel power sources; Power evacuation into grid supported by Green Energy Corridor Scheme

Ease of network expansion & weather resilience

Transmission Infrastructure Upgrade

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Renovation & modernization of grids & subtransmission networks due to shift towards higher capacity

Source: Industry Reports; Company Estimates

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11

Government plans to increase Manufacturing Contribution to GDP to 25% (from 16% in FY24)

PLI Scheme: Key Achievements

New Industries & their ecosystem being set-up supported by PLI scheme

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Electronics, automobiles & autocomponents, medical devices, white goods, solar PV modules, ACC Battery, green hydrogen, semiconductors, drones, etc.

Refinery & Petrochemical Projects

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India’s refining capacity is set to rise from 5,282 thousand barrells per day(b/d) in March 2025 to 5,935 thousand b/d by end-2027, with 652 thousand b/d of new capacity expected from a wave of greenfield and brownfield projects

Source: Industry Reports; Company Estimates

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Manufacturing
Production Linked
Incentive Schemes (PLI)
and ‘Make-In-India’ Push
Supporting Private Capex
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More than 720 companies have the potential to generate an additional Opportunities Ahead revenue of US$459 billion within a span of 5 to 6 years

Increasing Demand for Optic Fiber Cables

High domestic demand from telecom, medical, defence and data storage sector, supported by anti-dumping duty on imports.

Indian telcos expected to invest $1.5-$2.5 Bn over next 2-3 years on 5G deployment; BharatNet has an outlay of ₹ 1.39 Tn

Manufacturing & Electricity Sector Driving Private Investments

Avg capacity utilization in manufacturing is ~75%, which is supporting private capex. ~₹ 38 Tn private investments were made during FY25 led by chemicals, machinery & metals

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Real Estate
Residential & Commercial
Real Estate Upcycle to
Sustain Growth
Momentum
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India Office Space – New Supply (Mn Sq Ft)

Rapid Urbanization Fuels Residential Demand

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Cities With 1 Mn Plus Population Urbanization in India 58
48
76
43%
40%
74 36% 38
72 70 30% 31
70
20%
68 19
65 16
66 10%
64
0%
62
60 -10%
2025 2034 CY20 CY21 CY22 CY23 CY24 CY25E
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Demand for Commercial Real Estate

Uptick in Residential Real Estate

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Growth of global capacity centers and infrastructure in Tier 2/3 cities

A multi-year upcycle with an expected increase in volume growth in the medium term;

A global real estate investor, which has invested ~$ 50 Bn in Indian real estate sector, is seeking to invest additional $ 22 Bn by 2030

Top W&C players will get incremental demand as top tier property developers prefer suppliers with strong execution track record

New Warehouse Additions

Expected pickup in PE Investment

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As India's economy grows, private equity investments in real estate are expected to reach ~$ 15 Bn by 2034, growing at a ~15% CAGR from 2023

Indian warehousing stock has grown ~3x since 2016 to 486 Mn sq.ft. by CY24 and is expected to reach ~540 Mn sq.ft. by 2026 owing to growth in manufacturing & e- commerce sectors

Source: Industry Reports; Company Estimates

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Growth led by public capex; Super Normal Growth in Sunrise Sectors (EV, Data Centers etc.)

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Mobility
Mobility Infrastructure
Under Massive
Transformation to Support
Economic Growth
Data Centers
AI and need for Cloud
Infrastructure to Drive
Huge Demand for Data
Centers
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EV Outlook (2W & 4W in ‘000) Data Center Capacity (in MW)
10,000
2000-2,300
900-950
3,000-4000
350
FY19 FY24 FY27E
FY25E FY30E
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Source: Industry Reports; Company Estimates

Policy & Low Costs Driving Data Centers Growth

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Robust EV Adoption Rates

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GOI targets to achieve 30% electrification in private cars & 70-80% in commercial vehicles, 2W and 3W by 2030. India is expected to have 2Mn+ EV charging infrastructure by 2030

~900 MW capacity is expected to double by FY27; large part of fresh capacity expected to come in Mumbai followed by Chennai, Noida, Hyderabad and Bangalore

Railway Expansion & Modernization

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Revamping Road Infrastructure

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FY26 budget allocation of ~₹ 2.5 lakh Cr.; accounting for ~5.5% share in Govt Capex (vs ~1.0% in FY08)

Target of 2 lakh KM national highways by 2037, up from 1.46 lakh KM in FY24. Since FY18, ~10,000 KM of highways are being added p.a.

Investments of ₹ 7 Tn+ over the decade from FY24 to FY34 to lay ~50,000 km of new train tracks as well as modernize the infrastructure

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Enhancing Airport Accessibility

Widening Metro Rail Connectivity

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Under Gati Shakti, 200 new airports, heliports & water aerodromes are planned. AAI to develop 50 airports in Tier 2&3 cities in next 5 years

~1.000 KM of metro line is under construction; while additional 1,000 KM line is proposed

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Global Wires & Cables Industr y

Global Wires & Cables Industry projected to grow at ~7.4% to reach $410 Bn by 2030

Key Demand Drivers

China + 1 Policy

• Global Companies looking to diversify their supply

• chain away from China

• Various countries have increased tariffs and levied

• sanctions on China on a wide range of products including electrical equipments

Power and Electricity Trend

• Global Electricity consumption expected to double

• by 2050

• EU plans to invest $633 Bn into electricity grid by 2030

• • US GRIP program to invest $10.5 Bn funds to support and expand of electric grids

Renewable Energy Project

• EU to invest $ 1.6 Tn in power grid and renewable

• Energy projects by 2030

• EU Offshore Wind Energy capacity to grow from 12 GW

• in 2024 to 300 GW by 2050

• African Renewable Energy Initiative to create 300 GW of renewable electricity for Africa

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Data Centers and Digitization

• Global Data Center investments will be on a high growth trajectory due to AI adoption and demand for Cloud infrastructure

• Global spending on building of data centers is forecast to reach $49 Bn by 2030

EV Adoption and Charging Infrastructure

• Battery and Hybrid EVs to make up 55% of total global vehicle sales by 2030

• Global Public charging points to exceed ~15 Mn by 2030 from 4 Mn in 2023

Smart Cities and Residential Estate

• UN projects 68% of world population living in Urban Areas by 2050

• Saudi Arabia’s Vision 2030 plan to lead an investment of $ 1 trillion for real estate and infrastructure projects Global Smart Cities Market is expected to reach $ 1.1 trillion by 2028

Source: Industry Reports; Company Estimates

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India’s Growth Stor to Pro el FMEG Industr y p y

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India’s Favorable Demographics & Macro-Economics to Drive Discretionary Spending
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India to Become 3[rd] Largest Economy, after USA & China India’s GDP to cross $5Tn mark by FY28

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6.7
5.1
4.3
FY25E FY28F FY31F
Nominal GDP ($Tn)
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With Increase in Average Household Income: 46% households with $10-35k income by 2031 (vs ~24% in 2021)

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100%
80%
60%
40%
20%
0%
2021 2031F
< $5k $5k -10k $10k -35k $ 35k+
Source: Industry Reports; Company Estimates
Percentage of Households
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Increase in Worker Population Ratio (WPR), thus lowering dependency ratio

• WPR increased from 35.3% in FY19 to 58.2% in FY24, driven by participation from rural women

India to become an ‘Upper Middle-Income Country’ from current ‘Lower Middle-Income Status

• Per capita income of ~$4,500 by FY31 vs ~$2,700 in 2024

Rise in urbanization, lifestyle shifts with rising number of nuclear families

• 360 Mn households by 2031, up from 295 Mn in 2021

• Urban population to increase from ~35% to ~41% by 2030

Rising credit card ownership to push up discretionary spending

• ~110 Mn credit cards in circulation vs 55.5Mn in Dec-19

• ₹ 1.84 Tn credit card spends in Jan-25 (14% YoY growth)

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Leadership in Wires & Cables

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Polycab India Limited | Corporate Presentation

Market Leader in Wires & Cables With a Diverse Portfolio

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Polycab is the largest Wires and Cables manufacturer in India, with a
strong suite of products…
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Wide Customer Base across Industries…

Optical Fiber Power Cable Cable Control Cables Instrumentation Cables

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Building Wires

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FR (Flame Retardant)

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FRLS (Flame Retardant Low Smoke) ZHFR (Zero Halogen Flame Retardant )

Power Oil and Gas Construction IT Park Infrastructure Renewable

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Non-Metal Cement Agriculture

Other Cables

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Flexible Wires

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Solar Cable

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Real Estate Telecom Railway Data Centres Auto Nuclear Energy

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Port

Metro

Defence

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Dominant Position in Wires and Cables Industry

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Market Size ~ ₹ 900 Bn
(~40–45% of the electrical equipment industry)
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Healthy Market Share Gains in Wires & Cables over the past few years

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Market Share in FY25 [(1)] FY25 Wires & Cables Revenue(2)
26-27% 19-20%
Polycab 189
Peer 1 92 2.1x
Peer 2 72 2 .6x
Organized Market Total Market
The Polycab
Advantage
Marquee Made to Stock Made to Order Strong R&D Availability Distribution Supply Chain
Customers infrastructure
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Note: (1) Industry estimates, Polycab estimates; (2) 12 months ended March 2025. Revenue in ₹ billion; No adjustment for Inter segment revenue

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Powering India’s Development

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Bengaluru Metro
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JW Marriot Hotel
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Commercial & Urban Development

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Infrastructure

• Metro (Bengaluru Metro)

• • Railway (Mumbai Railways)

• • Airport (Noida International Airport)

• • Road and Highway (NHAl)

• Hotel (JW Marriot– Mumbai)

• Commercial Building (DMART)

• Residential Building (Godrej Panvel City, Tata Projects)

• Office Building (TCS, Chennai)

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• Godrej Panvel City Specialized Projects • Defence (Airforce Station, Yelahankha) Kasara Ghat

• • Government (Siddharth Nagar Tunnel Collectorate)

• Tunnel (Kasara Ghat Tunnel)

• Prayag Maha Kumbh Mela Building Nation

Energy and Power

• Power Distribution (South Bihar Power Distribution)

• Transmission and Distribution (Vasai Underground MSEDCL project)

• Solar Project (Gail Solar Project, DVC 35 MW Solar Project)

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DVC 35 MW Solar Project

Utility

Education & Research

• Educational Institute (Sandip University, MIT Loni)

• Water Treatment Project (Mumbai Sewage Disposal Project)

• Medical Institute (AIIMS Madurai, Srinivas G Medical College & Hospital)

• Data Centre (Microsoft, AWS, Adani)

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• Oil & Gas (Nalbari Project, ONGC)

• Panel Builder (Bihar Govt., Godrej & Boyce)

Sandip University

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Microsoft Data Center

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Economic Moat in Wires & Cables Business

Strong Channel Relationships

Strong relationships with channel partners developed over decades. Working with 2[nd] – 3[rd] generation of many dealers & distributors

Margin Protection through Embedded Derivatives

Margins protected against commodity price volatility through access to embedded derivatives from suppliers

Only Manufacturer of all types of Wires & Cables in India

Polycab has the most extensive range of wires and cables in India, with ~9,700 SKUs and global certifications

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Superior Quality Products

High quality imported copper, in-house manufacturing and strong backward integration aids in producing better quality products

Robust Distribution Network

Strong distribution network comprising of 4,300+ dealers & distributors and ~1,50,000 retail outlets, spread across India

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Optimized Supply Chain

Unique ability to deliver products to any dealer or distributor across India generally within 24 hours

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Opportunities in Focus

International Business

Supply Chain Diversification

India gaining from global search for supply chain alternative. Polycab being largest Indian player capitalizing on the opportunity

Certifications & Approvals

Setting up Distribution Network

Actively working on Looking to replicate distribution certifications and product network, similar to that in India, approvals for new countries. in larger geographies of Approvals for large demand operation centers like USA and Australia largely in place

Make in India

Government’s focus on Make in India generating cables demand from sunrise sectors like Defence, Renewables, EVs etc

Lower Domestic Competition

Incremental investment in R&D, alongside the time required for obtaining approvals from pertinent authorities and the establishment of new facilities, serve as significant entry barriers, keeping competition low

Research & Development

Tie-up with four international research teams for R&D of polymers required in cables used in niche sectors

Import Substitutes

Distribution Expansion

~26% Unorganized Market

New Product Portfolio

Struggling large unorganized Product portfolio calibrated to market, due to commodity price address needs of consumers volatility, the implementation of across price points GST, and increasing consumer focus on quality, presents a huge opportunity to gain market share

Capturing Whitespaces

Mapped whitespaces & regions with lower market share to set-up/ increase distribution to gain market share

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22

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Well Established FMEG Business

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23

FMEG: Ex andin resence in ‘Electricals’ ecos stem p g p y

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FMEG is now a sizeable part of the business - growing at 25% CAGR in past 9 years
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Mobile App
16,535
12,544 12,512 12,828
10,341
8,356
6,433
4,853
3,356
2,167
FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25
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Forayed in FY14 ...

• Diversified portfolio with focus on the upcoming industry trends

• In-house Manufacturing

• Strong Backward Integration

• Pan India Distribution

• Present in Fans, Lighting & Luminaires, Switches, Switchgears, Pipes, Conduits, Solar etc.

… leveraging synergies

• Common raw materials - higher negotiating power

• Manufacturing knowhow

• Strong brand goodwill in electricals space

• Economies of scale - Cost-savings in transportation & distribution

• Cross-sell opportunities to a larger customer base

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Hi h Growth O ortunit in the Indian FMEG Industr g pp y y

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Macro drivers include evolving consumer aspirations, increasing awareness, rising income, rural electrification,
urbanisation, digital connectivity, smart home solutions
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• Fans & Appliances Switches LV Switchgear Lighting ₹ 165 Bn ₹ 100 Bn ₹ 27 Bn ₹ 277 Bn

• ▪ Preference for energy ▪ Customer preferences ▪ LV to outgrow MV / HV ▪ Considerable efficient fans & appliances towards modular switches segment LED segment

• ▪ Value added products ▪ Demand for safe and secure ▪ Modular devices and safe ▪ Government efforts and switches products gaining preference

• ▪ Market share for premium & smart fans (with aesthetic ▪ Greater awareness towards ▪ Rising demand for various ▪

• appeal) projected to reach building automation and electrical appliances 28% by FY27 (vs 20% in FY23) management

• Considerable shift towards LED segment

• Government efforts and consumer awareness towards energy efficient technology

• Growing premiumization – share expected to grow from ~45% in FY22 to ~60% in FY27

Notes: Industry estimates, Polycab estimates;

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25

Growth Engine

Premiumization

Distribution Expansion

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Revenue
Profitability
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Leveraging product innovation and brand building activities to drive sales of premium products, which are margin accretive

Increased focus on whitespaces where Polycab currently has little or no presence. Adopting alternate sales platforms like e- commerce, modern trade stores etc

Product Innovation

Focus on Higher Margin Segments

Set up in-house R&D division for new product development and innovation. Introducing products across price points to plug gaps in product portfolio

More focus on less competitive, higher margin businesses of switches and switchgears

Influencer Management

Economies of Scale

Scaling up structured influencer management program through frequent engagements, training programs, incentive programs and digital analytics

Large in-house manufacturing will start realizing economies of scale and hence better margins with growth in business volumes

Brand Building

Backward Integration

Enhanced brand equity building through higher A&P spends for both ATL & BTL activities

Strong backward integration to improve product quality, availability as well as reduce costs

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26

Multi Format Retail A roach: Pol cab Galleria, Arena & Sho ee pp y pp

• ❑ Strategic showcase enabling consumers and trade constituents to experience and choose from a wide range of quality products

• ❑ At iconic electric markets hub which is also an important feeder market to western and southern India

• ❑ Equipped with audio-visual facilities for training electricians and retailers on safety, soft skills, basics in English and computers

• ❑ Virtual reality showcase for B2B buyers to experience the plants and facilities

• ❑ Deepens connect with direct customers in the FMEG market as well as retailers from upcountry

• ❑ Currently in Vadodara, Ludhiana, Udaipur, Trivandrum, Ahmedabad, Cochin, Kerala, Nasik, Chennai, Ahmednagar and Vijayawada

• ❑ Aiming to expand such experimental stores across key cities

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Ludhiana Kerala
Ahmednagar Vijayawada
Vadodara
Udaipur
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27

Strengthening Brand Recognition

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28

Polycab India Limited | Corporate Presentation

Stron Brand Reco nition in the Electricals Industr g g y

Our Brand Journey from B2B to B2C

‘Connection Zindagi Ka’ was a hit with customers- the impactful narrative with their minds and hearts

‘Connection Zindagi Ka’ was a hit with customers- the impactful narrative with their minds and hearts Polycab and CNBCTV18 initiative Corporate Ayushmann Official Partner about Electrical Commercial, Khurana (Actor) Safety Elevated our brand amongst Top 3 in house wires Associate On Air sponsors T20 Premier League 2013 2014 2016- 2017 2018 2019 2020 2021 2022 2023 2024 2025

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Brand Refresh Polycab became a household name with the target R Madhavan, Paresh Rawal Hap Hap Happy – Dance of audience Actor (Actor) Joy Campaign

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Farah Khan (Director)

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29

Stren thened Further Usin Multi-Pron ed A roach g g g pp

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Advertising and Sales Promotion Expenses ( ₹ Mn)

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1,209
163
FY14
FY25
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Multi-pronged Actively engage
approach to increase Dealers and
brand awareness Distributors
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Loyalty Points via
Experts Program
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Increased Advertising
on Social Media and
Sales Promotion
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30

Pan India Distribution Network to Support Diverse Customer Base and Product Categories

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By Product By Geography
27%
West 22% 22%
Wire & Cables
South
4,300+ authorized dealers & distributers FMEG North
Common 52% 21%
East
25%
31%
~3,400 FMEG dealers and distributors pan-
India
2,00,000+ retail outlets
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Sales & marketing through corporate office, 3 regional offices & 11 local offices across India

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Our distribution reach
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Notes: As of Mar’25. Pie chart represents split of authorised dealers and distributors.

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31

Caterin to Mar uee Customers g q

Total Revenue Contribution in FY25

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Top Customer 4%
Top 5 Customers 14%
Top 10 Customers 22%
Rest of the
Customers
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78%
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Revenue from International Business (% of total revenue)
12.4%
9.8%
8.5%
8.0%
7.6%
6.0%
3.1%
FY19 FY20 FY21 FY22 FY23 FY24 FY25
Includes one-off large Institutional
order
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Oil & Gas
Metal
Export
Infrastructur
e
Paints
Chemicals Auto
Telecom
Cement
Power Government
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Note: Companies served in past and present, directly or indirectly through authorised dealer/ distributors

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32

Strong Manufacturing and R&D Capabilities

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33

Polycab India Limited | Corporate Presentation

Inhouse Manufacturing with a High Degree of Backward Integration and Automation…

Multi-location manufacturing (Products[1;] Annual capacity)

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Roorkee
Fans 3.0 Mn
Halol& Daman
Wires & Cables 6 Mn kms
Fans 6 Mn Nashik
Switches 10 Mn Switchgears 24.0 Mn
Pipes & Conduits: 24,000 MT
Metal box 3.6 Mn
Bangalore Chennai
Metal box 1.5 Mn Pipes & Conduits
4,800 MT
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Halol

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Nashik

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Fan Manufacturing Unit

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Cable CCV Line

1. Figures are absolute numbers where no units are indicated as of 31[st] March, 2025;

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34

…Stron g

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Investments in in-house R&D capabilities with strong focus on
backward integration
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• NABL ISO 17025 certified R&D centre to support own manufacturing

• ~90 engineers and technicians

• Centre of excellence for R&D on polymers

• Existing facilities for key raw materials with continuously improving R&D capabilities to capitalize on industry trends

• Environment friendly power cables, rubber (elastomeric) cables and electron-beam irradiated cables

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Our Ecological Initiative
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Suprema Wire

BLDC Fan

Supported by quality & reliability initiatives…

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35

Robust Financials

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36

Proven Track Record of Financial Performance

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Revenue (₹ Mn) EBITDA (₹ Mn) EBITDA Margin % PAT (₹ Mn) PAT Margin %
11.9% [12.8%] [12.6%] 13.1% 13.8% 13.2% 8.7% 8.4% 9.1% [10.0%] 9.1%
6.9%
10.3% 6.3%
2,24,083
29,602 20,455
1,80,394 18,029
24,918
1,22,038 [1,41,078] 18,429 12,831
79,856 [88,300 87,922] 9,504 [11,276 11,117 12,626] 7,656 7,415 [8,452]
5,003
FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY19 FY20 FY21 FY22 FY23 FY24 FY25
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Delivering steady growth + profitability

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Strong manufacturing
capability
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Expansion of Distribution
Network
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Focus on
Profitable Growth
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Notes: (1) Numbers on consolidated basis (2) Revenue: Revenue from operations (3) EBITDA excludes Other Income (4) CAGR - Six years (5) FY21 PAT numbers have been restated due to divestment of Ryker base in November 2021.

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37

Proven Track Record of Financial Performance

ROCE/ROE (%)

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ROCE ROE ROCE Post Tax
29.6%
27.9% 28.7%
26.4% 25.9%
22.6%
21.7%
20.0% 20.7% 20.4% 19.4%
18.5%
15.4% 15.4%
21.9%
19.9% 19.2% 20.6%
17.5%
15.5% 15.2%
FY19 FY20 FY21 FY22 FY23 FY24 FY25
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Debt/Equity ratio (times)

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0.10x
0.05x
0.04x
0.02x
0.01x 0.01x 0.01x
FY19 FY20 FY21 FY22 FY23 FY24 FY25
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Improving returns and surplus cash to fuel future growth

Growth Funded by Internal Accruals

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Net Cash Position (₹ Mn) Capital Expenditure (₹ Mn)
24,572
9,583
21,408 8,580
18,912
5,200
9,637 [11,007] 4,584
2,814 2,891
1,911
1,642
442
FY19 FY20 FY21 FY22 FY23 FY24 FY25
FY19 FY20 FY21 FY22 FY23 FY24 FY25
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Invested in technology and built capacities for future

Notes: (1) ROCE (Return on Capital Employed) is (Profit before tax plus finance cost) divided by closing value of (Debt plus total equity including non-controlling interest), ROCE post tax uses effective tax rate (2) ROE (Return on Equity) is Profit for the year divided by closing value of equity including non-controlling interests (3) Debt / Equity: Total debt / equity including non-controlling interests (4) Net Cash Position: Cash + Bank balances + Investments - Debt

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38

Consolidated Profit and Loss Statement

Particulars ( ₹ Mn)	FY 2025	%	FY 2024	%	FY 2023	%
Revenue from Operation	2,24,083	100.0%	1,80,394	100.0%	1,41,078	100.0%
Cost of Goods sold	1,68,300	75.1%	1,32,803	73.6%	1,05,109	74.5%
Contribution (A)	55,783	24.9%	47,591	26.4%	35,969	25.5%
Employee cost	7,367	3.3%	6,095	3.4%	4,568	3.2%
Other Operating Expenses	18,813	8.4%	16,578	9.2%	12,880	9.1%
Total Operating Expenses (B)	26,180	11.7%	22,673	12.6%	17,448	12.4%
Share of profit/(loss) of JVs (Net of tax) (C)	-	-	-	-	-93	-0.1%
EBITDA (A) - (B) + (C)	29,602	13.2%	24,918	13.8%	18,429	13.1%
Other Income	2,076	0.9%	2,209	1.2%	1,333	0.9%
Depreciation	2,981	1.3%	2,450	1.4%	2,092	1.5%
Finance Cost	1,689	0.8%	1,083	0.6%	598	0.4%
PBT	27,008	12.1%	23,593	13.1%	17,073	12.1%
Income Tax	6,553	2.9%	5,564	3.1%	4,242	3.0%
Adjusted PAT	20,455	9.1%	18,029	10.0%	12,831	9.1%

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39

Consolidated Balance Sheet

	Particulars ( ₹ Mn)	**FY 2025 **	**FY 2024 **	FY 2023			Particulars (₹ Mn)	**FY 2025 **	**FY 2024 **	FY 2023
	Assets						Equity & Liabilities
	Non-Current Assets						Shareholder's Funds
	Fixed Assets	37,193	29,160	23,177			Share Capital	1,504	1,502	1,498
	Non-current Deposits	465	58	6			Reserves and Surplus	96,746	80,369	64,874
	Financial / Non-current Assets	6,879	4,431	1,984			Total Shareholder’s Funds	98,250	81,871	66,372
	Total Non-current Assets	44,537	33,649	25,167			Minority Interest	818	562	374
	Current Assets						Non-current Liabilities
	Inventories	36,613	36,751	29,514			Borrowings	419	226	42
	Trade Receivables	25,963	20,471	12,466			Others - Non-current Liabilities	3,139	2,188	1,262
	Investments	17,490	18,224	13,505			Total Non-current Liabilities	3,558	2,414	1,304
	Cash and Bank Balances	7,706	4,024	6,952			Current Liabilities
	Others - Current Assets	5,418	7,670	6,650			Short-term Borrowings	671	672	688
	Total Current Assets	93,190	87,140	69,087			Acceptances	13,062	18,620	12,258
							Trade Payables	14,295	10,014	8,069
							Others - Current Liabilities	7,073	6,636	5,190
							Total Current Liabilities	35,101	35,942	26,205
	Total Assets	**1,37,727 **	**1,20,789 **	94,255			Total Equity and Liabilities	**1,37,727 **	**1,20,789 **	94,255

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40

Consolidated Annual Cash Flow Statement

Particulars ( ₹ Mn)	**FY 2025 **	**FY 2024 **	FY 2023
Net Cash Flow from Operating Activities	18,085	12,962	14,275
Net cash flow from/(used in) investing activities	-12,393	-7,519	-12,026
Net cash flow from/(used in) financing activities	-6,283	-3,874	-2,271
Net Increase / (Decrease in cash and cash equivalents)	-591	1,570	-22

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41

Pillars of Financial Assurance: Auditors & Credit Ratin s g

Experienced Auditors

Auditors	Statutory Auditors	Statutory Auditors	Internal Auditors	Internal Auditors	Cost Auditors	Secretarial Auditors
Auditors	B S R & Co. LLP		Ernst & Young LLP		R. Nanabhoy & Co	BNP & Associates
Credit ratings Rating Agency Long Term Rating Short Term Rating CRISIL AAA/Stable (Upgraded from 'CRISIL AA+/Positive') CRISIL A1+ (Reaffirmed) IND AA+/Positive IND A1+
Rating Agency		Long Term Rating		Short Term Rating
		CRISIL AAA/Stable (Upgraded from 'CRISIL AA+/Positive')		CRISIL A1+ (Reaffirmed)
		IND AA+/Positive		IND A1+

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42

Ke Hi hli hts y g g

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Top-line Operating Profitability
Top-line (Revenue) Operating (EBITDA) Profitability (PAT) Profitability (PAT)
(Revenue) (EBITDA) (PAT)
Q4 FY25: 69,858 Mn Q4 FY25: 10,254 Mn Q4 FY25: 7,344 Mn
25% YoY 35% YoY 33% YoY
34% QoQ 42% QoQ 58% QoQ
FY25: 2,24,083 Mn FY25: 29,602 Mn FY25: 20,455 Mn
24% YoY 19% YoY 13% YoY
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43

Consolidated Profit and Loss Statement

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Quarter Year To Date
Particulars (₹ Mn)
Q4 FY25 % Q3 FY25 % Q4 FY24 % FY25 % FY24 %
Revenue from Operations 69,858 100.0% 52,261 100.0% 55,919 100.0% 2,24,083 100.0% 1,80,394 100.0%
Cost of Goods sold 52,053 74.5% 38,807 74.3% 41,792 74.7% 1,68,300 75.1% 1,32,803 73.6%
Contribution (A) 17,805 25.5% 13,453 25.7% 14,127 25.3% 55,783 24.9% 47,591 26.4%
Employee Cost 2,036 2.9% 1,989 3.8% 1,696 3.0% 7,367 3.3% 6,095 3.4%
Other Operating Expenses 5,515 7.9% 4,265 8.2% 4,816 8.6% 18,813 8.4% 16,578 9.2%
Total Operating Expenses (B) 7,551 10.8% 6,254 12.0% 6,512 11.6% 26,180 11.7% 22,673 12.6%
EBITDA (A)-(B) 10,254 14.7% 7,199 13.8% 7,615 13.6% 29,602 13.2% 24,918 13.8%
Other Income 481 0.7% 250 0.5% 538 1.0% 2,076 0.9% 2,209 1.2%
Depreciation 804 1.2% 786 1.5% 657 1.2% 2,981 1.3% 2,450 1.4%
Finance Cost 325 0.5% 498 1.0% 244 0.4% 1,689 0.8% 1,083 0.6%
PBT 9,606 13.8% 6,166 11.8% 7,253 13.0% 27,008 12.1% 23,593 13.1%
Income Tax 2,262 3.2% 1,522 2.9% 1,718 3.1% 6,553 2.9% 5,564 3.1%
PAT 7,344 10.5% 4,643 8.9% 5,535 9.9% 20,455 9.1% 18,029 10.0%
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44

Consolidated Balance Sheet

Particulars(₹ Mn) Mar-25 Dec-24 Mar-24	Particulars(₹ Mn) Mar-25 Dec-24 Mar-24	Particulars(₹ Mn) Mar-25 Dec-24 Mar-24	Particulars(₹ Mn) Mar-25 Dec-24 Mar-24	Particulars(₹ Mn) Mar-25 Dec-24 Mar-24	Particulars(₹ Mn) Mar-25 Dec-24 Mar-24	Particulars(₹ Mn) Mar-25 Dec-24 Mar-24	Particulars(₹ Mn) Mar-25 Dec-24 Mar-24
Assets				Equity and Liabilities
Non-current Assets				Shareholder’s Funds
Fixed Assets	37,193	35,544	29,160	Share Capital	1,504	1,504	1,502
Non-current Deposits	465	103	58	Reserves and Surplus	96,746	89,250	80,369
Other Non-current Assets	6,879	6,654	4,432	Total Shareholder’s Funds	98,250	90,754	81,871
Total Non-current Assets	44,537	42,302	33,649	MinorityInterest	818	741	562
Current Assets				Non-current Liabilities
Inventories	36,613	43,784	36,751	Borrowings	419	315	226
Trade Receivables	25,963	23,617	20,471	Others - Non-current Liabilities	3,139	3,626	2,188
Investments	17,490	11,744	18,224	Total Non-current Liabilities	3,558	3,942	2,414
Cash and Bank Balances	7,706	6,612	4,024	Current Liabilities
Others - Current Assets	5,418	7,657	7,670	Short-term Borrowings	671	1,010	672
Total Current Assets	93,190	93,413	87,140	Acceptances	13,062	19,880	18,620
				Trade Payables	14,295	13,159	10,014
			1,20,789	Others - Current Liabilities	7,073	6,229	6,636
				Total Current Liabilities	35,101	40,278	35,941
Total Assets	1,37,727	1,35,714		Total Equity and Liabilities	1,37,727	1,35,714	1,20,789

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45

Consolidated Cash Flow Statement

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Quarter Year To Date
Particulars (₹ Mn) Q4 FY25 Q3 FY25 Q4 FY24 FY25 FY24
Net Cash Flow from Operating Activities 9,315 -4,519 5,085 18,085 12,962
Net cash flow from/ (used in) investing activities -7,176 4,389 -4,549 -12,393 -7,519
Net cash flow from/ (used in) financing activities -773 -388 -308 -6,283 -3,874
Net Increase / (Decrease) in cash and cash equivalents 1,366 -517 228 -591 1,570
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Other Key Data Points

Particulars(₹ Mn) Q4 FY25 Q3 FY25 Q4 FY24 Quarter	Particulars(₹ Mn) Q4 FY25 Q3 FY25 Q4 FY24 Quarter	Particulars(₹ Mn) Q4 FY25 Q3 FY25 Q4 FY24 Quarter	Particulars(₹ Mn) Q4 FY25 Q3 FY25 Q4 FY24 Quarter	FY25 FY24 Year To Date	FY25 FY24 Year To Date
Advertisement and Sales Promotion Expense Capex Spends	287 1,329	372 2,513	377 2,216 21,408 1,140 4,290 7.7%	1,209	1,989
				9,583	8,580
Net Cash Position Goods in Transit	24,572 2,885	17,140 2,175		24,572	21,408
				2,885	1,140
Exports Revenue	3,276	4,345		13,452	14,360
Exports Contribution(%)	4.7%	8.3%		6.0%	8.0%

* as at period end

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46

Other Financial Metrics

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Average Closing
Working Capital Days Q4 FY25 Q3 FY25 Q4FY24 FY25 FY24 Q4 FY25 Q3 FY25 Q4FY24 FY25 FY24
Receivable Days 38 34 33 38 33 42 41 41 42 41
Inventory Days 80 94 91 80 91 79 101 101 79 101
Payable Days 73 77 81 73 81 72 89 94 72 94
Net Working Capital 44 51 44 44 44 49 53 48 49 48
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* Including Acceptances

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Other Income (₹ Mn) Q4 FY25 Q3 FY25 Q4 FY24 FY25 FY24
Interest Income 158 81 57 329 331
Gain/ (Loss) on Redemption of Investment 259 374 270 1,222 880
Fair Value of Financial Assets (MTM) -5 -14 - 44 -
Exchange Differences (net) 21 -313 153 272 778
Miscellaneous Income 47 123 58 209 219
Total 481 250 538 2,076 2,209
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Finance Cost(₹ Mn) Q4 FY25 Q3 FY25 Q4 FY24 FY25 FY24	Finance Cost(₹ Mn) Q4 FY25 Q3 FY25 Q4 FY24 FY25 FY24	Finance Cost(₹ Mn) Q4 FY25 Q3 FY25 Q4 FY24 FY25 FY24	Finance Cost(₹ Mn) Q4 FY25 Q3 FY25 Q4 FY24 FY25 FY24	Finance Cost(₹ Mn) Q4 FY25 Q3 FY25 Q4 FY24 FY25 FY24	Finance Cost(₹ Mn) Q4 FY25 Q3 FY25 Q4 FY24 FY25 FY24
Interest on Bank Borrowings	22	9	10	65	73
Interest on LC,VBD and Leases	244	424	203	1,332	842
Other BorrowingCosts	59	64	32	292	169
Total	325	498	244	1,689	1,083

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47

Project Spring

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48

Project LEAP: Goals Achieved Ahead of Committed Timeline

Polycab achieved its FY26 revenue target in FY25 itself prompting the need to establish a new growth objective

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FY21: Launched Project LEAP FY25: Completed Project LEAP
Pillars of
FY26 Target: ₹ 200 Bn Sales FY25 Achieved: ₹ 224 Bn Sales Project LEAP
(>100% achieved)
250 Revenue (₹ Bn)224 1.3
Energize B2B Breakout Growth
200 1.1 (Strengthen in B2C
200 180 Leadership) (Position to Win)
0.9
150 141
122 0.7
100 88 0.5
0.3 Future Proof
50 Success Accelerate
0.1 Sustainability
(Organization
Agenda
0 -0.1
Excellence)
FY21 FY22 FY23 FY24 FY25
FY26 Target
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Forward Looking Statements

49

New Beginning: Project Spring

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S P R I N G
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Solidifying
Market
Leadership in
B2B
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Propelling B2C
Expansion
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Ramp-Up
International
Business
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Innovation &
Automation -
Led Holistic
Development
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Nurture Talent &
Capabilities
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Growing ESG
Integration
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Driving Value Creation Across All Aspects of the Business
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50

Pillars of Project Spring

- A Multi Year Journey Towards a Brighter, More Prosperous Future

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B2B
Market
Solidifying
Leadership in
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• ❖ Transition to industry-focused verticals structure

• ❖ Pivoting from Product to Solutions

• ❖ Secondary sales through focused demand generation

• ❖ Creating and Executing Winning Strategy for Sunrise Sectors

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Expansion
Propelling B2C
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❖ Institutionalize Micro-Market Strategy

• ❖ Scale-up Influencer Management Program

• ❖ Enhance Brand Positioning

• ❖ Drive Profitability through Product Premiumization & Cost Optimization

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IntegrationIntegration Ramp-Up Business
Growing ESG Growing ESG International
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• ❖ Expanding into Strategic Niche Markets with High Growth Potential

• ❖ Approvals from Identified Large EPCs

• ❖ Targeted Offerings Tailored to Specific Geographies and Customer Segments

• ❖ Distribution and Logistics Optimization

B2B: Domestic Cables Business; B2C: Domestic Wires and FMEG Business

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51

Pillars of Project Spring

- A Multi Year Journey Towards a Brighter, More Prosperous Future

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Innovation & Automation - Led Holistic Development
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• ❖ Elevate R&D Investments for Product Innovation

• ❖ Optimize Supply Chain

• ❖ Digitization of processes across stakeholders

• ❖ Automation led Manufacturing Productivity

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Capability
Nurture Talent &
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• ❖ Succession Planning

• ❖ Building Leadership Pipeline

• ❖ Integrating Customer-Centricity into the Core of Business operations

• ❖ Foster an Inclusive, Collaborative and Growth-oriented Culture

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Integration
Growing ESG
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• ❖ Resource Efficiency

• ❖ Sustainable Sourcing

• ❖ Diversity & Inclusion

• ❖ Further Enhancing Transparency & Disclosure

B2B: Domestic Cables Business; B2C: Domestic Wires and FMEG Business

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52

Guidance for Next 5 Years

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W&C Business FMEG Business Cash Flow Guidance
~ - –
1.5x 1.5x 2x ₹ 60 80 Bn
of Market Growth in of Market Growth in Capex
Core segments FMEG
– -
>
11 13% 8 10% 30%
Wires & Cables FMEG Dividend
EBITDA EBITDA Payout Ratio
>
10%
Contribution from
Exports
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W&C: Wires & Cables; FMEG: Fast Moving Electrical Goods

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Forward Looking Statements

53

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ESG
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54

Pol cab ESG: Journe so far y y

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2024
2020 2022
• • GHG
Materiality
Inventorization
Annual Report 2021 Assessment 2023
2025
+ Business
• GRI Limited • BRSR Core-
Responsibility
Report (BRR) Assurance • 1 [st] BRSR Report Reasonable Assurance •
Appointed Chief
1 [st] Integrated • Set Near-Term Sustainability
Officer
Report Internal ESG
(Including BRR) Targets • 5 Year ESG Goals
(FY30)
• ESG Committee
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55

Pol cab ESG: Materialit Matrix & Governance Mechanism y y

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Polycab’s Purpose –
“Connecting All to a Brighter Future“
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• Our innovative, safe and energy efficient products and solutions delight our customers

• Our vibrant and inclusive culture leads to deep connections, value creation and growth for our People, Partners and Stakeholders

• Our focus on sustainable development reflects our commitment to be a caring and responsible enterprise

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Materiality Matrix ESG Governance Mechanism
Corporate
Governance, Ethics,
Economic Growth & and Integrity
Market Opportunities
Product Safety
& Quality Water & Pollution Responsible
Management
Sourcing & Material
Efficiency
Circular
R&D, Innovation & Economy &
Product Stewardship Waste
Data Privacy & Management
Customer Centricity Cybersecurity Climate Change &
Occupational Health
& Brand Integrity Energy Strategy
& Safety
Community Human Capital
Development Development
Diversity, Equity &
Inclusion Biodiversity & Nature
Protection
Highly
Important
Very Important
Important
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Important to Business
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56

Pol cab ESG: Goals for 2030 y

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50% Zero At least 1 Achieve 30%
Environment
Renewable Electricity Waste to Landfill Net Zero Product Recycled water
Consumption Usage
Aim for To touch cumulative
11% 30
Zero Harm
Social
1 million
Permanent women Hours Training
Reduce employee and
employees per employee per year workers LTI lives
15% 100%
Governance
Women in Senior of strategic suppliers to be assessed
Leadership on ESG criteria
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Forward Looking Statements

57

Corporate Governance

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58

Leadership Team - Board of Directors

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``
Inder T Jaisinghani Bharat A Jaisinghani Nikhil R Jaisinghani Gandharv Tongia Vijay Pandey
Chairman and Managing Director Executive Director Executivee Director Executive Director & CFO Executive Director
R C R S R S R C S C
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TP Ostwal Independent Director A N S R

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RS Sharma
Independent Director
A N R
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Sutapa Banerjee Manju Agarwal Bhaskar Sharma Sumit Malhotra
Independent Director Independent Director Independent Director Independent Director
A N C R A N C S A N C R A C S R
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Practicing Chartered Previously served as Accountant and a senior Chairman and MD at ONGC partner with T.P Ostwal and Ltd. Has also worked as a Associates LLP. Contributed to Senior Advisor at McKinsey & transfer pricing regulations in Company and Chaired the India as well as Developing FICCI Hydrocarbon Countries of United Nations committee. Holds a degree from ICWA

Advanced Leadership Fellow Career banker with 34 years Business leader and marketing Previously served as MD & at Harvard. Economics Gold of experience with SBI. On expert with extensive Executive Director at Bajaj medalist. On Boards of Boards of Gulf Oil Lubricants, experience in accelerating Consumer Care Ltd. Has also Zomato, Godrej Properties, Glenmark Life Sciences, business growth in emerging worked with Raymond JSW Cement, Axis Capital, PayTM Payments Bank, markets. Worked with several Group, Balsara Home Manappuram Finance, Hinduja Leyland Finance, well-known companies such Products and TTK Pharma. amongst others CMS Infosystems amongst as Red Bull India, Unilever and Holds a Degree from IIT- BHU others CPC/AJI Asia and IIM-A

Committees of the Board as on 06th May 2025 Chairperson Member

A Audit Committee Nomination and Remuneration Committee Stakeholders’ Relationship Committee N S R Risk Management Committee Corporate Social Responsibility and Environment Social and Governance Committee C

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59

Leadershi Team - Mana ement p g

• Blend of Entrepreneurial and Professional Management

• Professionals with Prior Experience in Bajaj, CEAT, Havells, Tata Group, Vedanta etc.

• Vision to Execute Strategies in a Dynamic Environment

• Extensive Relationships and Deep Business Understanding

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Anil Hariani

Director– Commodities (Non-board member)

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Manita Carmen A. Gonsalves

Vice President-Company Secretary & Compliance Officer

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Anurag Agarwal

Executive PresidentStrategic Initiatives & International Businesses

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Rakesh Rajput

President & Head – B2B Sales (North & East)

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Ashish D. Jain

Executive PresidentChief Operating Officer (Telecom)

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Rakesh Talati

Director (Non- Board Member) & Chief Sustainability Officer

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Ashish Kakkar

Executive PresidentChief Human Resources Officer

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Rishikesh Rajurkar

President - Project

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Diwaker Bharadwaj

President- Packaging Development

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Ritesh Arora

President - Chief Digital Officer

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Ishwinder Singh Khurana

Executive President- Chief Business Officer (Power & FMEG)

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Sanjeev Chhabra

Executive President - Chief Procurement Officer

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60

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CSR
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61

Our Social Responsibility – A Philosophy of Empathetic Care

Health Education Rural development

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Set-up malnutrition camps for girls of
7 yrs to 19 yrs; provided nutrition
supplements
Preliminary Diagnostic Camps for
detection of tumour in Breast for early
treatment
Organized village-to-village OPD
services for those in remote areas
with limited access to medical
facilities
Supported hospitals who are into
charity, extending treatment almost
free of cost to the underserved
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Construction and renovation of
Anganwadis
Set up Smart Class facilities in school
to enhance digital learning and
revolutionizing traditional teaching
methods
Distributed educational kits to
children who cannot afford basic
education
Construction of labs and providing
computers for enhancing software
computer skills
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Promoting natural farming to
enhance soil health, reduce chemical
use, and improve sustainability for
rural farmers
Empowering rural communities
through Pashu Arogya Saathi, a
livestock healthcare initiative
improving animal well-being and
livelihoods
Transforming aspirational villages like
Kothaydi by addressing gaps in
health, education, and infrastructure
for holistic development
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62

Shareholding Pattern

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63

Shareholding Pattern: Q4 FY25

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15%
Promoter
3%
FII
DII 8%
QIB + AIF
Others
11% 63%
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Note: As on 31[st] March 2025. DII (Domestic Institutional Investors) includes “Mutual Funds”. FII (Foreign Institutional Investors) includes "Foreign Portfolio - Corp" and "Foreign Corporate Bodies". QIB/ AIF stands for "Qualified Institutional Buyer"/ "Alternative Investment Fund“.

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64

Shareholder Returns Since Listin 6Years Back g

Market Capitalization increased at a CAGR of 50%

~₹ 13,000 Mn of dividend distributed to shareholders Market Cap ₹ 872 Bn (USD 10.2 Bn) (as of 05[th] May 2025) 885% 227% 212% 208% 206%*

POLYCAB BSE SENSEX NIFTY 50 NIFTY 500 MSCI India

Market Cap in USD calculated using USD ₹ spot rate of 85

*excluding ₹ 35 per share dividend proposed for FY25

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65

Safe Harbour

This Release / Communication, except for the historical information, may contain statements, including the words or phrases such as ‘expects, anticipates, intends, will, would, undertakes, aims, estimates, contemplates, seeks to, objective, goal, projects, should’ and similar expressions or variations of these expressions or negatives of these terms indicating future performance or results, financial or otherwise, which are forward looking statements. These forward looking statements are based on certain expectations, assumptions, anticipated developments and other factors which are not limited to, risk and uncertainties regarding fluctuations in earnings, market growth, intense competition and the pricing environment in the market, consumption level, ability to maintain and manage key customer relationship and supply chain sources and those factors which may affect our ability to implement business strategies successfully, namely changes in regulatory environments, political instability, change in international copper, aluminum, oil prices and input costs and new or changed priorities of the trade. The Company, therefore, cannot guarantee that the forward-looking statements made herein shall be realized. The Company, based on changes as stated above, may alter, amend, modify or make necessary corrective changes in any manner to any such forward looking statement contained herein or make written or oral forward-looking statements as may be required from time to time on the basis of subsequent developments and events. The Company does not undertake any obligation to update forward looking statements that may be made from time to time by or on behalf of the Company to reflect the events or circumstances after the date hereof.

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66

THANK YOU

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Polycab India Limited

Contact us

For investor relations: investor.relations@polycab.com For queries on shares & investor grievance: shares@polycab.com Website: www.polycab.com