Polycab India Share Price Today (POLYCAB)
TODAY IN ONE LINE
POLYCAB edged up 1.0% on light volume, in line with Nifty's 0.8% move, supported by recent strong earnings.
With a market cap of ₹1.36 L Cr., it trades at a P/E of 47.03. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.
How good is this company?
Overall performance across 5 key dimensions.
Polycab India flags & news
Key strengths, potential risks, and recent updates.
Green Flags
- ●High Capital EfficiencyROCE of 33.2% indicating pricing power
- ●Strong Return on EquityHealthy ROE of 23.0%
- ●High Promoter HoldingPromoters hold 61.5% skin-in-the-game
- ●Virtually Debt-FreeVery low Debt-to-Equity of 0.00x
- ●FII AccumulationFII holding increased by 2.51% QoQ
- ●Positive Free Cash FlowFCF has been positive for 3 consecutive years
- ●Zero Pledge RiskNo recent active promoter pledging found
Red Flags
- ●Expensive ValuationTrading at a high P/E ratio of 54.7x
- ●Promoter SellingPromoter holding decreased by 1.48% QoQ
Latest Polycab India News
What changed recently?
Recent events, corporate actions, and announcements.
Polycab India Limited valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Polycab India Limited, framed against the sector median so the premium or discount is obvious at a glance.
Polycab India Limited trades at a P/E of 47.03× and P/B of 11.22×.
Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.
Valuation
Profitability
Growth
Financial Health
Polycab India Limited technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Polycab India Limited — derived from the live tape, not yesterday's close.
Polycab India Limited last traded at ₹8,995 with an intraday range of ₹8,956–₹9,040 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹8995.00| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 9206.00 | +211.00 | +2.35% |
| R3 | 9122.00 | +127.00 | +1.41% |
| R2 | 9081.00 | +86.00 | +0.96% |
| R1 | 9038.00 | +43.00 | +0.48% |
| PIVOT | 8997.00 | 2.00 | 0.02% |
| CURRENT | 8995.00 | — | — |
| S1 | 8954.00 | -41.00 | -0.46% |
| S2 | 8913.00 | -82.00 | -0.91% |
| S3 | 8870.00 | -125.00 | -1.39% |
| S4 | 8786.00 | -209.00 | -2.32% |
POLYCAB is trading Below CPR, indicating Bearishness
CPR is Narrower, suggesting likely for trending moves
Day's range: ₹8956–₹9040
Trading Above opening range, showing Bullishness
Polycab India Limited financials: P&L, balance sheet, cash flow, ratios.
Reported annual and quarterly results for Polycab India Limited — consolidated or standalone — with margins, YoY growth and key ratios inline.
Polycab India Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹1.36 L Cr. and reported EPS of ₹174.22.
| Metric | Mar 2025 | Mar 2026 |
|---|---|---|
| Revenue from Operations | 22,408 | 28,884 ▲ 28.9% |
| Sales Growth YoY %Derived | 24.22% | 28.90% |
| Other Income | 208 | 236 ▲ 13.8% |
| Total Income | 22,616 | 29,120 ▲ 28.8% |
| 15,573 | 20,587 ▲ 32.2% | |
| Gross ProfitDerived | 6,835 | 8,297 ▲ 21.4% |
| Gross Margin %Derived | 30.50% | 28.72% |
| 3,875 | 4,291 ▲ 10.7% | |
| EBITDA (Operating Profit)Derived | 2,960 | 4,006 ▲ 35.3% |
| OPM %Derived | 13.21% | 13.87% |
| 467 | 629 ▲ 34.7% | |
| Profit Before Tax (PBT) | 2,701 | 3,613 ▲ 33.8% |
| 655 | 905 ▲ 38.0% | |
| Effective Tax %Derived | 24.26% | 25.04% |
| Profit/Loss from Discontinued Ops | — | — |
| Total Profit for Period | 2,046 | 2,708 ▲ 32.4% |
| Less: Non-controlling Interests | 26 | 36 ▲ 42.5% |
| Net Profit (Owner's PAT)Derived | 2,020 | 2,672 ▲ 32.3% |
| Net Profit Margin %Derived | 9.01% | 9.25% |
| PAT Growth YoY %Derived | 13.23% | 32.28% |
| Earnings Per Share (EPS ₹) | 134.28 | 177.48 ▲ 32.2% |
| Diluted Shares Outstanding (Cr) | 15 | 15 ▲ 0.1% |
| Share of Profit from Associates/JVs | — | — |
| Other Comprehensive Income (Net of Tax) | -7 | -0 ▲ 93.5% |
| Total Expenses (incl. D&A & Interest) | 19,915 | 25,507 ▲ 28.1% |
| Material Cost % of RevenueDerived | 68.80% | 71.37% |
| Employee Cost % of RevenueDerived | 3.29% | 3.04% |
| Other Cost % of RevenueDerived | 14.00% | 11.81% |
| Interest Coverage (x)Derived | 15.76x | 14.89x |
| Period | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sept 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 7,956 | 8,830 ▲ 11.0% | 8,927 ▲ 1.1% | 12,204 ▲ 36.7% | 6,069 ▼ 50.3% | 14,108 ▲ 132.5% | 18,039 ▲ 27.9% | 22,408 ▲ 24.2% | 28,884 ▲ 28.9% | |
| Sales Growth YoY %Derived | — | 10.99% | 1.09% | 36.71% | — | 15.60% | 27.87% | 24.22% | 28.90% | |
| Other Income | 93 | 93 ▼ 0.6% | 128 ▲ 38.2% | 90 ▼ 29.9% | 42 ▼ 53.1% | 133 ▲ 216.5% | 221 ▲ 65.7% | 208 ▼ 6.0% | 236 ▲ 13.8% | |
| Total Income | 8,049 | 8,923 ▲ 10.9% | 9,055 ▲ 1.5% | 12,294 ▲ 35.8% | 6,111 ▼ 50.3% | 14,241 ▲ 133.0% | 18,260 ▲ 28.2% | 22,616 ▲ 23.9% | 29,120 ▲ 28.8% | |
5,712 | 6,051 ▲ 5.9% | 6,498 ▲ 7.4% | 9,354 ▲ 43.9% | 4,463 ▼ 52.3% | 10,376 ▲ 132.5% | 12,806 ▲ 23.4% | 15,573 ▲ 21.6% | 20,587 ▲ 32.2% | ||
| Gross ProfitDerived | 2,244 | 2,779 ▲ 23.8% | 2,428 ▼ 12.6% | 2,850 ▲ 17.3% | 1,606 ▼ 43.6% | 3,732 ▲ 132.3% | 5,233 ▲ 40.2% | 6,835 ▲ 30.6% | 8,297 ▲ 21.4% | |
| Gross Margin %Derived | 28.21% | 31.47% | 27.20% | 23.35% | 26.47% | 26.45% | 29.01% | 30.50% | 28.72% | |
1,321 | 1,644 ▲ 24.4% | 1,261 ▼ 23.3% | 1,584 ▲ 25.6% | 868 ▼ 45.2% | 1,880 ▲ 116.7% | 2,742 ▲ 45.8% | 3,875 ▲ 41.3% | 4,291 ▲ 10.7% | ||
| EBITDA (Operating Profit)Derived | 923 | 1,135 ▲ 22.9% | 1,167 ▲ 2.8% | 1,265 ▲ 8.4% | 739 ▼ 41.6% | 1,852 ▲ 150.7% | 2,492 ▲ 34.5% | 2,960 ▲ 18.8% | 4,006 ▲ 35.3% | |
| OPM %Derived | 11.60% | 12.85% | 13.07% | 10.37% | 12.17% | 13.13% | 13.81% | 13.21% | 13.87% | |
258 | 210 ▼ 18.5% | 249 ▲ 18.5% | 237 ▼ 5.1% | 126 ▼ 46.9% | 269 ▲ 114.1% | 353 ▲ 31.4% | 467 ▲ 32.2% | 629 ▲ 34.7% | ||
| Profit Before Tax (PBT) | 758 | 1,017 ▲ 34.2% | 1,065 ▲ 4.7% | 1,118 ▲ 5.0% | 655 ▼ 41.4% | 1,717 ▲ 162.0% | 2,359 ▲ 37.4% | 2,701 ▲ 14.5% | 3,613 ▲ 33.8% | |
256 | 244 ▼ 4.5% | 179 ▼ 26.7% | 271 ▲ 51.1% | 160 ▼ 40.8% | 425 ▲ 165.3% | 556 ▲ 30.9% | 655 ▲ 17.8% | 905 ▲ 38.0% | ||
| Effective Tax %Derived | 33.72% | 24.02% | 16.81% | 24.20% | 24.45% | 24.76% | 23.58% | 24.26% | 25.04% | |
| Profit/Loss from Discontinued Ops | — | — | — | 72 | — ▼ 100.0% | — | — | — | — | |
| Total Profit for Period | 500 | 766 ▲ 53.0% | 886 ▲ 15.7% | 845 ▼ 4.6% | 493 ▼ 41.7% | 1,282 ▲ 160.1% | 1,803 ▲ 40.6% | 2,046 ▲ 13.5% | 2,708 ▲ 32.4% | |
| Less: Non-controlling Interests | 1 | 7 ▲ 988.1% | — ▼ 100.0% | — | 5 | 12 ▲ 125.8% | 19 ▲ 53.4% | 26 ▲ 35.4% | 36 ▲ 42.5% | |
| Net Profit (Owner's PAT)Derived | 500 | 759 ▲ 51.9% | 886 ▲ 16.7% | 845 ▼ 4.6% | 488 ▼ 42.3% | 1,270 ▲ 160.5% | 1,784 ▲ 40.5% | 2,020 ▲ 13.2% | 2,672 ▲ 32.3% | |
| Net Profit Margin %Derived | 6.28% | 8.60% | 9.92% | 6.93% | 8.03% | 9.00% | 9.89% | 9.01% | 9.25% | |
| PAT Growth YoY %Derived | — | 51.90% | 16.71% | -4.59% | — | 50.25% | 40.48% | 13.23% | 32.28% | |
| Earnings Per Share (EPS ₹) | 33.58 | 50.98 ▲ 51.8% | 59.41 ▲ 16.5% | 61.38 ▲ 3.3% | 32.58 ▼ 46.9% | 84.80 ▲ 160.3% | 118.75 ▲ 40.0% | 134.28 ▲ 13.1% | 177.48 ▲ 32.2% | |
| Diluted Shares Outstanding (Cr) | 15 | 15 ▲ 0.2% | 15 ▲ 0.2% | 15 ▲ 0.2% | 15 ▲ 0.1% | 15 ▲ 0.1% | 15 ▲ 0.3% | 15 ▲ 0.1% | 15 ▲ 0.1% | |
| Share of Profit from Associates/JVs | -2 | -7 ▼ 218.5% | -0 ▲ 96.9% | -3 ▼ 1010.9% | -2 ▲ 18.4% | -9 ▼ 344.3% | — ▲ 100.0% | — | — | |
| Other Comprehensive Income (Net of Tax) | -0 | -16 ▼ 3244.7% | 16 ▲ 197.7% | 0 ▼ 100.0% | -3 ▼ 334200.0% | 3 ▲ 200.8% | -10 ▼ 404.2% | -7 ▲ 32.0% | -0 ▲ 93.5% | |
| Total Expenses (incl. D&A & Interest) | 7,291 | 7,905 ▲ 8.4% | 7,990 ▲ 1.1% | 11,175 ▲ 39.9% | 5,456 ▼ 51.2% | 12,525 ▲ 129.6% | 15,901 ▲ 27.0% | 19,915 ▲ 25.2% | 25,507 ▲ 28.1% | |
| Material Cost % of RevenueDerived | 68.91% | 66.41% | 64.88% | 75.42% | 69.94% | 69.26% | 70.19% | 68.80% | 71.37% | |
| Employee Cost % of RevenueDerived | 3.77% | 4.14% | 4.04% | 3.33% | 3.71% | 3.24% | 3.38% | 3.29% | 3.04% | |
| Other Cost % of RevenueDerived | 12.83% | 14.47% | 10.09% | 9.65% | 10.59% | 10.09% | 11.82% | 14.00% | 11.81% | |
| Interest Coverage (x)Derived | 6.70x | 19.67x | 18.45x | 30.23x | 28.45x | 27.49x | 20.74x | 15.76x | 14.89x |
Polycab India segment analysis : revenue and profit mix.
Disclosed business segments at Polycab India with their share of revenue and profit, switchable between consolidated and standalone reporting.
Polycab India discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
The Bull, Bear, and Flip case for Polycab India Limited.
Our AI distills the core fundamental drivers supporting Polycab India Limited, the risks that threaten it, and the quantitative conditions that could weaken the thesis.
Polycab India Limited's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.
What you're getting.
ROE 23.00% and ROCE 33.20% substantially exceed peer medians of 14–20%.
Operating margin 13.90% and net margin 9.28% demonstrate superior pricing power.
Debt-to-equity 0.0002 with negative net debt ensures exceptional financial flexibility.
Latest quarterly EPS grew 6.34% YoY; TTM EPS grew 8.0% YoY despite headwinds.
Promoter holding 61.50% signals strong founder alignment and long-term commitment.
Key Risks.
P/E ratio 54.71× far exceeds peer median 21.02×, indicating expensive valuation.
Price ₹9,240 near 52-week high ₹10,126 limits upside and increases pullback risk.
Dividend yield 0.90% is modest, potentially unattractive to income-focused investors.
EV/EBITDA 24.58× trades at premium to peer median, suggesting stretched pricing.
FII holdings eased from 13.63% to 11.45%, signaling foreign investor profit-taking.
Flip Conditions.
Valuation risk. a P/E above 61 would leave less room for earnings disappointment.
Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.
Return-quality risk. ROE below 18% would indicate weaker capital compounding.
Income thesis breaks if the dividend is cut or yield falls below 0.45%.
Polycab India Limited peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Polycab India Limited is highlighted for quick read-across.
Quick Compare
Peer Comparison
| Company Name |
|---|
Polycab India Limited chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for Polycab India Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
- 1Pick how to scan. Detection sets sensitivity — Daily (standard) → Weekly (big swings). History sets how far back to look.
- 2Read the summary. The tiles at the top give the current read: net bias, the strongest pattern, and the one nearest to triggering.
- 3Scan the list. Use the Actionable, Watchlist, and History tabs to browse patterns. Click a pattern card to focus it.
- 4Inspect on the chart. Focusing draws the pattern’s pivots plus its break (blue), target (amber) and invalidation lines.
- 5Filter to what matters. Use the status controls (Confirmed, Forming, Invalidated) to hide noise and find exactly what you are looking for.
Pattern history — every completed pattern and its outcome
Polycab India Limited delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Polycab India Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Polycab India Limited stood at 46.0% of traded volume, against a 20-day average of 45.9%.
Polycab India announcements: results, concalls, ratings, M&A.
Filings Polycab India sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Polycab India files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 195 documents below.
Shareholders meeting
Polycab India Limited has informed the Exchange regarding Notice of Postal Ballot
ESOP/ESOS/ESPS
Polycab India Limited has informed the Exchange regarding Allotment of 4750 Shares.
Analysts/Institutional Investor Meet/Con. Call Updates
Polycab India Limited has informed the Exchange about Transcript
Analysts/Institutional Investor Meet/Con. Call Updates
Polycab India Limited has informed the Exchange about Link of Recording
General Updates
Polycab India Limited has informed the Exchange about Unaudited Interim Condensed (Standalone and Consolidated) Financial Statements of the Company,…
Investor decks & rating reports.
Polycab India dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Polycab India has declared, sequenced by announce and record date.
Polycab India corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
Polycab India insider trading: promoter and management activity.
Promoter, director and designated-employee transactions in Polycab India as reported to SEBI — buying and selling signals from the people who know the business best.
Polycab India insider activity below tracks 1 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).
| Insider | Category | Txn Date | Action | Quantity | Value (₹) | Price |
|---|---|---|---|---|---|---|
| Amit Duhlani | Insider | 13 Dec 2024 | sell | −45.0 K | ₹33.52 Cr. | ₹7,449.59 |
About Polycab India Limited: business, sector, key facts.
What Polycab India Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Polycab India Limited operates in the Cables - Electricals industry under the Capital Goods sector, listed as NSE: POLYCAB, BSE: 542652.
Polycab India Limited is a prominent player in the Indian electrical industry, primarily known for its manufacturing and sales of wires and cables under the POLYCAB brand. The company's reach extends both domestically and internationally, establishing a significant market presence. Their diverse product portfolio caters to a wide range of applications, from residential use to large-scale industrial and infrastructure projects.
The company's business is structured across three key segments. The largest and most foundational segment is Wires and Cables, offering a comprehensive array of products. This includes various types of house wires (like PolycabSuprema and PolycabMaxima+), alongside a broad spectrum of cables tailored to diverse applications such as control systems, industrial settings, and power transmission (including high-voltage power cables). The range extends to specialized cables for sectors like defense and marine environments.
Polycab's Fast Moving Electrical Goods (FMEG) segment represents a significant diversification strategy. This division encompasses a wide selection of consumer electrical products, including a vast array of fans (ceiling, table, pedestal, etc.), LED lighting solutions (bulbs, downlights, panels, etc.), water heaters, switches and accessories, and switchgears. The FMEG segment also includes solar products (panels and inverters), pumps, conduits, and additional domestic appliances, such as coolers and irons. This segment targets a broader consumer base and contributes significantly to the company’s overall revenue stream.
The third segment, Engineering, Procurement, and Construction (EPC), focuses on larger-scale projects. Polycab undertakes the design, engineering, material supply, survey, execution, and commissioning of complete power distribution, transmission, and rural electrification projects. This segment highlights Polycab's capabilities beyond product manufacturing, showcasing expertise in project management and execution within the electrical infrastructure sector. This contributes to the company's reputation for comprehensive solutions within the industry.
Polycab utilizes an extensive distribution network, leveraging authorized dealers, distributors, and retail outlets to reach consumers and clients effectively. The company's long-standing presence in the market, dating back to its founding in 1964, coupled with its diverse product offerings and business segments, positions Polycab as a leading force within the Indian electrical industry and beyond.
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Questions investors ask about Polycab India Limited (POLYCAB).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Polycab India Limited (POLYCAB)?
The current share price of Polycab India Limited (POLYCAB) is ₹8,995. Today, the stock has gained by ₹87.50 (0.98%), trading in a range of ₹8,956 to ₹9,040. The stock opened at ₹8,956 with a trading volume of 42,537 shares.
02Is Polycab India Limited stock a good investment for long-term?
Polycab India Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹1,35,661.93 crores, P/E ratio of 47.03, ROE of 23.00%, and ROCE of 33.20%. The dividend yield stands at 0.90%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of Polycab India Limited stock?
The 52-week high price of Polycab India Limited (POLYCAB) is ₹10,126, while the 52-week low is ₹6,620. Currently trading at ₹8,995, the stock is 67.7% away from its 52-week low and 11.2% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Polycab India Limited stock at the current price?
Whether to buy Polycab India Limited stock at ₹8,995 depends on multiple factors. The stock is currently trading with a P/E ratio of 47.03 and P/B ratio of 11.22. Today's performance shows a gain of 0.98%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of Polycab India Limited and when is the next dividend?
Polycab India Limited offers a dividend yield of 0.90%, which means for every ₹100 invested at the current price of ₹8,995, you can expect to receive approximately ₹0.90 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Polycab India Limited?
Polycab India Limited's key financial metrics include: P/E Ratio: 47.03, P/B Ratio: 11.22, ROE: 23.00%, ROCE: 33.20%, Dividend Yield: 0.90%, EPS: ₹174.22, Book Value: ₹797.64, and Debt-to-Equity: 0.02. The company's market cap stands at ₹1,35,661.93 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Polycab India Limited stock performing today in the market?
Polycab India Limited stock opened at ₹8,956 and is currently trading at ₹8,995, showing a gain of ₹87.50 (0.98%). The intraday high is ₹9,040 and low is ₹8,956. The trading volume stands at 42,537 shares, indicating moderate market participation today.
08What is the P/E ratio of Polycab India Limited and what does it indicate?
Polycab India Limited has a Price-to-Earnings (P/E) ratio of 47.03, which means investors are willing to pay ₹47.03 for every ₹1 of earnings. With an EPS of ₹174.22, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Polycab India Limited (POLYCAB) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.