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Polycab India Ltd

Polycab India

Large Cap4,843 EmployeesIPO 2019
Current Price
7955.50
-243 (-2.96%)Updated
NSE :POLYCAB
BSE :542652
Valuation vs Sector
P/E Ratio
44.27vs 22.43
P/B Ratio
10.97vs 5.90
Div Yield
0.45%vs 3.33%
Today's Range
7925.5
7955.50
indicator
8305
52 Week Range
52W Low5280.00
52W High8722.00
7955.50
indicator
Downside50.67%
Upside9.63%

Price Chart

Compare with Peers

Historical Ratios

Track top 12 most important financial ratios

P/E Ratio: Price to Earnings - Most used valuation metric

Loading chart...

Analyzing Investment Quality

Processing 9 key metrics...

Key Metrics

Hover for details

Valuation

Market Cap
1,16,552.83 Cr
Market Cap
Total market value of company
P/E Ratio
44.39
P/E Ratio
Price to Earnings. Lower is generally better (<25 is good)
P/B Ratio
10.06
P/B Ratio
Price to Book Value. <3 may indicate undervaluation
EPS
173.97
EPS
Earnings Per Share. Higher and growing is positive

Profitability

ROE
24.97%
ROE
Return on Equity. >15% is good, >20% is excellent
ROCE
29.70%
ROCE
Return on Capital Employed. >15% is good
Net Margin
9.72%
Net Margin
Net profit as % of revenue. >10% is good
Operating Margin
-%
Operating Margin
Operating profit margin. >15% is good

Growth

EPS Growth (5Y)
21.30%
EPS Growth (5Y)
5-year EPS growth. >15% is strong
Revenue Growth (5Y)
20.47%
Revenue Growth (5Y)
5-year revenue growth. >10% is good
Qtr Sales Growth
17.80%
Qtr Sales Growth
Quarter-over-quarter sales growth
Qtr Profit Growth
55.80%
Qtr Profit Growth
Quarter-over-quarter profit growth

Financial Health

Debt/Equity
0.15
Debt/Equity
Financial leverage. <1 is good, <0.5 is excellent
Book Value
653.15
Book Value
Net asset value per share
Dividend Yield
0.45%
Dividend Yield
Annual dividend as % of price. >2% is good
Promoter Holding
61.50%
Promoter Holding
Promoter stake. >50% shows confidence
Good
Average
Needs Attention

SWOT Analysis

Strengths

5 points
  • Robust profitability with ROE 21.40% and ROCE 29.70%.
  • Impressive quarterly growth: sales up 17.80%, net profit 55.80%.

Weaknesses

5 points
  • High P/E ratio of 47.30 suggests potential overvaluation.
  • Promoter holding declined from 67.99% to 61.53% over three years.

Opportunities

5 points
  • Growing demand from India's infrastructure development and urbanization.
  • Expansion into smart home solutions and renewable energy infrastructure.

Threats

5 points
  • Intense competition from established players like KEI and R R Kabel.
  • Volatility in raw material prices (copper, aluminum) could erode margins.

Segment-wise Financial Analysis

Fetching Financials...
Fetching Balance Sheet...
Fetching Cash Flow...

Shareholding Pattern

Loading shareholding data...

Company Insider Trading Activity

Recent Insider Transactions

Insider NameTransaction DateFiling DateTotal SharesChangePriceAction
Amit Duhlani
13 Dec 202420 Dec 20244.09 L
45,000
₹7,449.59SELL

Corporate Action

Company Announcements

Technical Analysis & Indicators

Standard pivot points - most widely used

Pivot Points (CLASSIC)

LevelPriceDistance% Change
R48957.50+₹1002.00+12.60%
R38578.00+₹622.50+7.82%
R28441.50+₹486.00+6.11%
R18198.50+₹243.00+3.05%
PIVOT8062.00106.501.34%
CURRENT7955.50--
S17060.00-₹895.50-11.26%
S27439.50-₹516.00-6.49%
S37682.50-₹273.00-3.43%
S47819.00-₹136.50-1.72%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: N/AP: N/ATC: N/A
R1
R2
R3
R4
indicator
LTP: N/A
PDH: N/A
PDL: N/A
● Market Sentiment

is trading CPR, indicating

● CPR Width

CPR is

● Opening Range

Day's range: ~

● Price Position

Trading Inside opening range

Delivery Volume Analysis & Trading Activity

Latest Volume
4.43L
(21 Apr 2026)
-13.0% vs avg
Delivery %
47.6%
(21 Apr 2026)
+0.7% vs avg
Avg Volume (20D)
5.09L
(19 Mar - 21 Apr)
20-day average
Avg Delivery %
47.0%
(19 Mar - 21 Apr)
Trend ↓
Delivery % indicates the percentage of traded volume that resulted in actual delivery. Higher delivery % (>50%) suggests genuine buying interest and stronger hands.

Peer Comparison & Industry Benchmarking

Quick Compare

Largest by Market Cap
CG Power & Industrial Solutions Ltd
1.09L ₹ Cr
Best Profit Growth
HEG Ltd
355.00 %
Highest Dividend Yield
Graphite India Ltd
1.64 %

Peer Comparison

Company Name
ARE&M
Amara Raja Energy & Mobility Ltd
CGPOWER
CG Power & Industrial Solutions Ltd
FINCABLES
Finolex Cables Ltd
GRAPHITE
Graphite India Ltd
HAVELLS
Havells India Ltd
HEG
HEG Ltd
KEI
KEI Industries Ltd
RRKABEL
R R Kabel Ltd
SCHNEIDER
Schneider Electric Infrastructure Ltd
VGUARD
V-Guard Industries Ltd

About

POLYCAB

Polycab India Ltd

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.

COMPANY FACTS - POLYCAB

Registered Address

#29, The Ruby, 21st Floor,, Senapati Bapat Marg, Tulsi Pipe Road,, Dadar (West),

Mumbai

MAHARASHTRA

IN

Tel: 912224327070

Website:https://polycab.com/

Company Details

Group: Capital Goods

Sector: Industrials

Industry: Electrical Equipment

Exchange: NATIONAL STOCK EXCHANGE OF INDIA

Employees: 4,843

IPO Date: 16/04/2019

MANAGEMENT - POLYCAB

Mr. Inder Jaisinghani

Executive Chairman of the Board, Managing Director

Mr. Gandharv Tongia

Chief Financial Officer, Executive Director

Mr. Anurag Agarwal

Chief Executive Officer - Global Exports and New Businesses (EHV and Conductor)

Mr. Ritesh Arora

President - Chief Digital Officer

Mr. Diwaker Bharadwaj

President - Automation, Serialization, Packaging and Brand Protection

Mr. Rishikesh Rajurkar

President - Projects

Mr. Ashish Kakkar

Executive President, Chief Human Resources Officer

Ms. Manita Carmen Gonsalves

Company Secretary and Vice President - Legal

Mr. Bharat Jaisinghani

Executive Director

Mr. Nikhil Jaisinghani

Executive Director

Mr. Vijay Pandey

Executive Director

Mr. Sanjeev Chhabra

Executive President and Chief Procurement Officer

Investor Questions Answered

Polycab India Ltd (POLYCAB) Stock FAQs

Get answers to the most common questions about Polycab India Ltd stock price, fundamentals, financial metrics, and investment analysis

The current share price of Polycab India Ltd (POLYCAB) is ₹7,955.5. Today, the stock has declined by ₹243.00 (2.96%), trading in a range of ₹7,925.5 to ₹8,305. The stock opened at ₹8,200 with a trading volume of 4,43,095 shares.
Polycab India Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹1,16,552.83 crores, P/E ratio of 44.39, ROE of 24.97%, and ROCE of 29.70%. The dividend yield stands at 0.45%. 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.
The 52-week high price of Polycab India Ltd (POLYCAB) is ₹8,722, while the 52-week low is ₹5,280. Currently trading at ₹7,955.5, the stock is 77.7% away from its 52-week low and 8.8% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
Whether to buy Polycab India Ltd stock at ₹7,955.5 depends on multiple factors. The stock is currently trading with a P/E ratio of 44.39 and P/B ratio of N/A. Today's performance shows a loss of 2.96%. 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.
Polycab India Ltd offers a dividend yield of 0.45%, which means for every ₹100 invested at the current price of ₹7,955.5, you can expect to receive approximately ₹0.45 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.
Polycab India Ltd's key financial metrics include: P/E Ratio: 44.39, P/B Ratio: N/A, ROE: 24.97%, ROCE: 29.70%, Dividend Yield: 0.45%, EPS: ₹173.97, Book Value: ₹653.15, Debt-to-Equity: 0.15, and Current Ratio: N/A. The company's market cap stands at ₹1,16,552.83 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
Polycab India Ltd stock opened at ₹8,200 and is currently trading at ₹7,955.5, showing a decline of ₹243.00 (2.96%). The intraday high is ₹8,305 and low is ₹7,925.5. The trading volume stands at 4,43,095 shares, indicating moderate market participation today.
Polycab India Ltd has a Price-to-Earnings (P/E) ratio of 44.39, which means investors are willing to pay ₹44.39 for every ₹1 of earnings. With an EPS of ₹173.97, 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.
Polycab India Ltd has a market capitalization of ₹1,16,552.83 crores, making it a large-cap company. Market cap is calculated by multiplying the current stock price (₹7,955.5) by the total number of outstanding shares. This metric helps investors understand the company's size, stability, and investment risk profile.
Polycab India Ltd has a book value of ₹653.15 per share and a Price-to-Book (P/B) ratio of N/A. The current market price is ₹7,955.5, which is 1118.0% above the book value. A P/B ratio below 1 may indicate undervaluation or asset quality concerns.
Polycab India Ltd has a Return on Equity (ROE) of 24.97% and Return on Capital Employed (ROCE) of 29.70%. ROE measures how efficiently the company generates profits from shareholders' equity, while ROCE indicates how well the company uses its capital to generate profits. Both metrics are strong, indicating efficient capital utilization. Higher percentages generally indicate better financial performance.
Polycab India Ltd operates in the diversified sector and belongs to the general industry. The company competes with other players in this space and its performance is influenced by sector-specific trends, regulatory changes, and market dynamics. Understanding the sector helps investors assess growth potential, cyclical patterns, and industry-specific risks that may impact the stock's performance.
Polycab India Ltd has a debt-to-equity ratio of 0.15, which measures the company's financial leverage by comparing total debt to shareholders' equity. A low ratio suggests conservative financing with minimal debt. Lower ratios generally indicate lower financial risk, but optimal levels vary by industry.
Polycab India Ltd has an Earnings Per Share (EPS) of ₹173.97, which represents the company's profit allocated to each outstanding share. With a current stock price of ₹7,955.5 and P/E ratio of 44.39, investors are paying 44.39 times the annual earnings per share. This strong EPS indicates robust profitability. Track EPS growth over quarters to assess earnings momentum.
Polycab India Ltd has reported a sales growth of N/A% and profit growth of N/A%. The company may be facing growth challenges or operating in a mature market. Consistent growth over multiple quarters is a positive indicator for long-term investors. Compare these growth rates with industry peers for better perspective.
Polycab India Ltd has a current ratio of N/A, which measures the company's ability to pay short-term obligations with current assets. A ratio below 1 may indicate potential liquidity concerns. This metric is crucial for assessing the company's working capital management and financial safety.
To analyze Polycab India Ltd stock, consider: 1) Fundamental Analysis - Review P/E (44.39), ROE (24.97%), debt-to-equity (0.15), and growth rates. 2) Technical Analysis - Check 52-week range (₹5280.00 - ₹8722.00), moving averages, and chart patterns. 3) Valuation - Compare current price (₹7955.50) with book value (₹653.15) and industry peers. 4) Financial Health - Assess current ratio (N/A) and cash flows. 5) Growth Prospects - Evaluate sales growth (N/A%) and profit growth (N/A%). Always diversify and consult a financial advisor.
The face value (or par value) of Polycab India Ltd share is ₹10.00. Face value is the nominal value of a share as stated in the company's charter and is used for accounting purposes and calculating dividends. The current market price of ₹7,955.5 is 79455x the face value. Face value remains constant unless the company undergoes a stock split or bonus issue, while market price fluctuates based on demand and supply.
Investing in Polycab India Ltd carries several risks: 1) Market Risk - Stock price volatility (52-week range: ₹5280.00 - ₹8722.00). 2) Business Risk - Industry-specific challenges in the sector. 3) Financial Risk - Debt-to-equity ratio of 0.15 indicates leverage. 4) Liquidity Risk - Based on trading volume of 4,43,095 shares. 5) Valuation Risk - P/E of 44.39 may indicate over/undervaluation. 6) Economic Risk - Macroeconomic factors affecting the industry. Diversify your portfolio and invest only what you can afford to lose.
Polycab India Ltd operates in the industry with key metrics: P/E ratio of 44.39, ROE of 24.97%, market cap of ₹1,16,552.83 crores, and dividend yield of 0.45%. To make an informed comparison, analyze these metrics against industry peers considering factors like revenue growth (N/A%), profit margins, debt levels (D/E: 0.15), and market position. Use our peer comparison tool on this page to see detailed side-by-side analysis with competitors.
Target prices for Polycab India Ltd vary among analysts and depend on multiple factors including earnings projections, industry trends, and market conditions. The stock is currently trading at ₹7,955.5, with a 52-week range of ₹5280.00 to ₹8722.00. Based on fundamentals like P/E (44.39), ROE (24.97%), and growth rates, analysts may have different target prices. Always refer to recent research reports from reputed brokerages and make decisions based on your own analysis and risk appetite.
Consider selling Polycab India Ltd stock when: 1) Target Price Achieved - If the stock reaches your predetermined target from current ₹7955.50. 2) Fundamental Deterioration - Declining ROE (currently 24.97%), increasing debt (D/E: 0.15), or falling growth rates. 3) Better Opportunities - Finding stocks with superior risk-reward ratios. 4) Portfolio Rebalancing - When the stock becomes overweight in your portfolio. 5) Changed Investment Thesis - If reasons for buying no longer hold. 6) Stop Loss - If price falls below your risk threshold. Always base decisions on thorough analysis rather than emotions.
Tax implications for Polycab India Ltd stock investments: 1) Short-term Capital Gains (STCG) - If sold within 1 year, gains taxed at 15% plus cess. 2) Long-term Capital Gains (LTCG) - If held over 1 year, gains above ₹1 lakh taxed at 10% without indexation. 3) Dividend Income - Dividends (current yield: 0.45%) are taxable as per your income tax slab. 4) Securities Transaction Tax (STT) - Applicable on both buy and sell transactions. 5) Intraday Trading - Treated as speculative income, taxed as per slab. Tax laws change periodically, so consult a tax advisor for personalized guidance and latest regulations.