
POLYCAB INDIA Latest Share Price (POLYCAB)
TODAY IN ONE LINE
POLYCAB fell 1.4% on average volume, lagging Nifty's -0.3% move.
With a market cap of ₹1.24 L Cr., it trades at a P/E of 43.37. 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 24.1% indicating pricing power
- ●Strong Return on EquityHealthy ROE of 22.0%
- ●High Promoter HoldingPromoters hold 61.5% skin-in-the-game
- ●Virtually Debt-FreeVery low Debt-to-Equity of 0.00x
- ●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
Latest POLYCAB INDIA News
What changed recently?
Recent events, corporate actions, and announcements.
POLYCAB INDIA valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for POLYCAB INDIA, framed against the sector median so the premium or discount is obvious at a glance.
POLYCAB INDIA trades at a P/E of 43.37× and P/B of 10.34×.
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 technical analysis: indicators, pivots and CPR.
Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for POLYCAB INDIA — derived from the latest tape, not yesterday's close.
POLYCAB INDIA last traded at ₹8,241 with an intraday range of ₹8,118–₹8,319 — latest indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Last: ₹8241.00| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 8736.00 | +495.00 | +6.01% |
| R3 | 8535.00 | +294.00 | +3.57% |
| R2 | 8427.00 | +186.00 | +2.26% |
| R1 | 8334.00 | +93.00 | +1.13% |
| PIVOT | 8226.00 | -15.00 | -0.18% |
| CURRENT | 8241.00 | — | — |
| S1 | 8133.00 | -108.00 | -1.31% |
| S2 | 8025.00 | -216.00 | -2.62% |
| S3 | 7932.00 | -309.00 | -3.75% |
| S4 | 7731.00 | -510.00 | -6.19% |
POLYCAB is trading Above CPR, indicating Bullishness
CPR is Average
Day's range: ₹8150–₹8319
Trading Below opening range, showing Bearishness
POLYCAB INDIA financials: P&L, balance sheet, cash flow, ratios.
Reported annual and quarterly results for POLYCAB INDIA — consolidated or standalone — with margins, YoY growth and key ratios inline.
POLYCAB INDIA reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹1.24 L Cr. and reported EPS of ₹52.07.
| 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.
Our AI distills the core fundamental drivers supporting POLYCAB INDIA, the risks that threaten it, and the quantitative conditions that could weaken the thesis.
POLYCAB INDIA's investment case rests on 0 positive markers and 1 flagged concerns drawn from the latest reported filings.
What you're getting.
No strengths or opportunities on record.
Key Risks.
SWOT generation temporarily unavailable due to model error. The security token included in the request is invalid.
Flip Conditions.
Valuation risk. a P/E above 56 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 17% would indicate weaker capital compounding.
Income thesis breaks if the dividend is cut or yield falls below 0.28%.
POLYCAB INDIA peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — POLYCAB INDIA is highlighted for quick read-across.
Quick Compare
Peer Comparison
| Company Name |
|---|
POLYCAB INDIA chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for POLYCAB INDIA — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
POLYCAB INDIA delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for POLYCAB INDIA over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in POLYCAB INDIA stood at 47.9% of traded volume, against a 20-day average of 50.4%.
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 208 documents below.
General Updates
Polycab India Limited has informed the Exchange about Analyst(s)/Investor(s) meet.
ESOP/ESOS/ESPS
Polycab India Limited has informed the Exchange regarding Allotment of 14970 Shares.
General Updates
Polycab India Limited has informed the Exchange about Analyst(s)/Investor(s) meet.
General Updates
Polycab India Limited has informed the Exchange about Analyst(s)/Investor(s) meet.
General Updates
Polycab India Limited has informed the Exchange about Analyst(s)/Investor(s) meet.
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: business, sector, key facts.
What POLYCAB INDIA does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
POLYCAB INDIA 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 (POLYCAB).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of POLYCAB INDIA (POLYCAB)?
The current share price of POLYCAB INDIA (POLYCAB) is ₹8,241.00. Today, the stock has declined by ₹117.00 (1.4%), trading in a range of ₹8,118.00 to ₹8,319.00. The stock opened at ₹8,319.00 with a trading volume of 4,00,369 shares.
02Is POLYCAB INDIA stock a good investment for long-term?
POLYCAB INDIA can be considered for long-term investment based on several factors. The company has a market capitalization of ₹1.24 L Cr., P/E ratio of 43.37, ROE of 21.96%, and ROCE of 24.15%. The dividend yield stands at 0.57%. 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 stock?
The 52-week high price of POLYCAB INDIA (POLYCAB) is ₹10,126.00, while the 52-week low is ₹6,663.00. Currently trading at ₹8,241.00, the stock is 23.68% above its 52-week low and 18.62% 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 stock at the current price?
Whether to buy POLYCAB INDIA stock at ₹8,241.00 depends on multiple factors. The stock is currently trading with a P/E ratio of 43.37 and P/B ratio of 10.34. Today's performance shows a loss of 1.4%. 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 and when is the next dividend?
POLYCAB INDIA offers a dividend yield of 0.57%, which means for every ₹100 invested at the current price of ₹8,241.00, you can expect to receive approximately ₹0.57 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?
POLYCAB INDIA's key financial metrics include: P/E Ratio: 43.37, P/B Ratio: 10.34, ROE: 21.96%, ROCE: 24.15%, Dividend Yield: 0.57%, EPS: ₹52.07, Book Value: ₹805.04, and Debt-to-Equity: 0. The company's market cap stands at ₹1.24 L Cr.. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is POLYCAB INDIA stock performing today in the market?
POLYCAB INDIA stock opened at ₹8,319.00 and is currently trading at ₹8,241.00, showing a decline of ₹117.00 (1.4%). The intraday high is ₹8,319.00 and low is ₹8,118.00. The trading volume stands at 4,00,369 shares, indicating moderate market participation today.
08What is the P/E ratio of POLYCAB INDIA and what does it indicate?
POLYCAB INDIA has a Price-to-Earnings (P/E) ratio of 43.37, which means investors are willing to pay 43.37 for every ₹1 of earnings. With an EPS of ₹52.07, 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 (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.