Share Price and Basic Stock Data
Last Updated: January 3, 2026, 12:08 pm
| PEG Ratio | 2.18 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Polycab India Ltd, a prominent player in the cables industry, reported a current market capitalization of ₹1,17,390 Cr, with its share price standing at ₹7,798. The company’s revenue from operations has shown a consistent upward trajectory, recording ₹14,108 Cr in FY 2023, which is a significant increase from ₹12,204 Cr in FY 2022. The company’s quarterly sales data reflects this growth, with the latest figures indicating ₹4,218 Cr in September 2023 and projected to reach ₹5,592 Cr by March 2024. Over the next two fiscal years, Polycab is on a path to achieving sales of ₹22,408 Cr in FY 2025, showcasing a robust annual growth rate. This trajectory is underpinned by strong demand in the power and infrastructure sectors, where the company has established itself as a key supplier. The rising sales figures align with increased infrastructure spending in India, which is expected to fuel further growth in the cables segment.
Profitability and Efficiency Metrics
The profitability metrics for Polycab India Ltd reflect a healthy financial position, with a reported net profit of ₹2,491 Cr for the trailing twelve months (TTM). The company’s operating profit margin (OPM) stood at 16% in FY 2023, indicating effective cost management and operational efficiency. The return on equity (ROE) is commendably high at 21.4%, while the return on capital employed (ROCE) is reported at 29.7%, suggesting that the company is utilizing its capital effectively to generate profits. Furthermore, the interest coverage ratio (ICR) is robust at 18.75x, showcasing the company’s ability to meet its interest obligations comfortably. The consistency in profitability is further evidenced by the growth in net profit, which rose from ₹1,283 Cr in FY 2023 to a projected ₹2,046 Cr in FY 2025. Despite these strengths, the operating profit margin is slightly below the industry average, indicating room for improvement in cost efficiency.
Balance Sheet Strength and Financial Ratios
Polycab India Ltd has maintained a solid balance sheet, with total assets reported at ₹13,749 Cr in FY 2025. The company holds reserves of ₹10,443 Cr, providing a substantial buffer for future growth and investment. Its borrowings remain low at ₹223 Cr, reflecting a conservative approach to leverage, which enhances financial stability. The debt-to-equity ratio is notably low, further emphasizing the company’s prudent financial management. Additionally, the price-to-book value (P/BV) stands at 7.88x, indicating that the market values the company at a premium relative to its book value, a sign of investor confidence in its growth prospects. Polycab’s cash conversion cycle is also commendable at 64 days, demonstrating efficient working capital management. However, the company’s high valuation relative to earnings, with a price-to-earnings (P/E) ratio of 47.7, could pose a risk if growth expectations are not met.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Polycab India Ltd reveals a strong commitment from promoters, who hold 61.53% of the company, down from 66.61% in December 2022. This gradual decline indicates a potential increase in public and institutional participation, with foreign institutional investors (FIIs) holding 13.96% and domestic institutional investors (DIIs) at 11.70%. The increasing interest from FIIs, which rose from 8.12% in December 2022 to the current level, suggests growing international confidence in the company. The total number of shareholders has also increased, standing at 3,70,871, reflecting broader retail investor participation. This diversification in ownership may enhance liquidity; however, the decreasing promoter holding could raise concerns regarding control and decision-making within the company. Overall, the shareholding structure indicates a balanced approach to corporate governance while fostering investor confidence.
Outlook, Risks, and Final Insight
Looking ahead, Polycab India Ltd is well-positioned to capitalize on the growing demand for cables and electrical products, supported by rising infrastructure investments in India. However, the company faces risks associated with fluctuating raw material prices and potential supply chain disruptions. The high valuation multiples may also present a challenge if growth slows or fails to meet market expectations. The company’s strong financial metrics, including a robust ICR and healthy profit margins, provide a solid foundation for future growth. If Polycab can effectively navigate the risks and maintain its growth trajectory, it could continue to deliver substantial returns for its investors. Conversely, any significant downturn in the economic environment or operational setbacks could adversely affect its performance. Investors should remain vigilant, considering both the promising outlook and the inherent risks associated with the sector.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Motherson Sumi Wiring India Ltd | 33,059 Cr. | 49.8 | 50.5/30.7 | 53.9 | 2.78 | 1.14 % | 42.5 % | 35.9 % | 1.00 |
| Hindusthan Urban Infrastructure Ltd | 332 Cr. | 2,301 | 2,970/1,651 | 2,003 | 0.00 % | 6.82 % | 11.5 % | 10.0 | |
| Dynamic Cables Ltd | 1,663 Cr. | 343 | 544/228 | 21.5 | 84.7 | 0.07 % | 26.4 % | 22.1 % | 10.0 |
| Cybele Industries Ltd | 41.7 Cr. | 39.0 | 42.7/18.2 | 3.08 | 55.9 | 0.00 % | 13.2 % | 22.1 % | 10.0 |
| BC Power Controls Ltd | 14.8 Cr. | 2.12 | 4.48/1.57 | 11.3 | 6.12 | 0.00 % | 3.90 % | 1.92 % | 2.00 |
| Industry Average | 22,021.30 Cr | 1,436.66 | 37.86 | 370.81 | 0.29% | 18.06% | 16.30% | 6.77 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,332 | 3,715 | 4,324 | 3,889 | 4,218 | 4,340 | 5,592 | 4,698 | 5,498 | 5,226 | 6,986 | 5,906 | 6,477 |
| Expenses | 2,906 | 3,212 | 3,721 | 3,341 | 3,609 | 3,771 | 4,830 | 4,115 | 4,867 | 4,506 | 5,960 | 5,048 | 5,456 |
| Operating Profit | 427 | 503 | 603 | 549 | 609 | 570 | 762 | 583 | 632 | 720 | 1,025 | 858 | 1,021 |
| OPM % | 13% | 14% | 14% | 14% | 14% | 13% | 14% | 12% | 11% | 14% | 15% | 15% | 16% |
| Other Income | -2 | 40 | 52 | 64 | 35 | 71 | 54 | 58 | 76 | 25 | 48 | 80 | 45 |
| Interest | 14 | 9 | 28 | 25 | 27 | 32 | 24 | 41 | 45 | 50 | 33 | 51 | 48 |
| Depreciation | 52 | 52 | 53 | 57 | 60 | 62 | 66 | 67 | 72 | 79 | 80 | 86 | 97 |
| Profit before tax | 358 | 481 | 573 | 530 | 557 | 546 | 725 | 533 | 590 | 617 | 961 | 801 | 921 |
| Tax % | 24% | 25% | 25% | 24% | 23% | 24% | 24% | 25% | 25% | 25% | 24% | 25% | 25% |
| Net Profit | 271 | 361 | 429 | 403 | 430 | 417 | 553 | 402 | 445 | 464 | 734 | 600 | 693 |
| EPS in Rs | 17.91 | 23.89 | 28.38 | 26.67 | 28.37 | 27.49 | 36.34 | 26.34 | 29.24 | 30.42 | 48.31 | 39.34 | 45.54 |
Last Updated: December 29, 2025, 2:07 pm
Below is a detailed analysis of the quarterly data for Polycab India Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 6,477.00 Cr.. The value appears strong and on an upward trend. It has increased from 5,906.00 Cr. (Jun 2025) to 6,477.00 Cr., marking an increase of 571.00 Cr..
- For Expenses, as of Sep 2025, the value is 5,456.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 5,048.00 Cr. (Jun 2025) to 5,456.00 Cr., marking an increase of 408.00 Cr..
- For Operating Profit, as of Sep 2025, the value is 1,021.00 Cr.. The value appears strong and on an upward trend. It has increased from 858.00 Cr. (Jun 2025) to 1,021.00 Cr., marking an increase of 163.00 Cr..
- For OPM %, as of Sep 2025, the value is 16.00%. The value appears strong and on an upward trend. It has increased from 15.00% (Jun 2025) to 16.00%, marking an increase of 1.00%.
- For Other Income, as of Sep 2025, the value is 45.00 Cr.. The value appears to be declining and may need further review. It has decreased from 80.00 Cr. (Jun 2025) to 45.00 Cr., marking a decrease of 35.00 Cr..
- For Interest, as of Sep 2025, the value is 48.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 51.00 Cr. (Jun 2025) to 48.00 Cr., marking a decrease of 3.00 Cr..
- For Depreciation, as of Sep 2025, the value is 97.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 86.00 Cr. (Jun 2025) to 97.00 Cr., marking an increase of 11.00 Cr..
- For Profit before tax, as of Sep 2025, the value is 921.00 Cr.. The value appears strong and on an upward trend. It has increased from 801.00 Cr. (Jun 2025) to 921.00 Cr., marking an increase of 120.00 Cr..
- For Tax %, as of Sep 2025, the value is 25.00%. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 25.00%.
- For Net Profit, as of Sep 2025, the value is 693.00 Cr.. The value appears strong and on an upward trend. It has increased from 600.00 Cr. (Jun 2025) to 693.00 Cr., marking an increase of 93.00 Cr..
- For EPS in Rs, as of Sep 2025, the value is 45.54. The value appears strong and on an upward trend. It has increased from 39.34 (Jun 2025) to 45.54, marking an increase of 6.20.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 4:49 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,986 | 4,707 | 5,202 | 5,500 | 6,770 | 7,986 | 8,830 | 8,792 | 12,204 | 14,108 | 18,039 | 22,408 | 24,595 |
| Expenses | 3,687 | 4,266 | 4,710 | 5,020 | 6,041 | 7,035 | 7,701 | 7,681 | 10,940 | 12,265 | 15,548 | 19,445 | 20,971 |
| Operating Profit | 299 | 442 | 492 | 480 | 729 | 950 | 1,129 | 1,111 | 1,264 | 1,843 | 2,492 | 2,964 | 3,624 |
| OPM % | 8% | 9% | 9% | 9% | 11% | 12% | 13% | 13% | 10% | 13% | 14% | 13% | 15% |
| Other Income | 8 | 5 | 32 | 75 | 65 | 64 | 91 | 164 | 161 | 133 | 221 | 204 | 198 |
| Interest | 94 | 108 | 147 | 66 | 94 | 117 | 50 | 43 | 35 | 60 | 108 | 169 | 182 |
| Depreciation | 71 | 98 | 111 | 128 | 133 | 141 | 161 | 176 | 202 | 209 | 245 | 298 | 341 |
| Profit before tax | 142 | 241 | 265 | 361 | 567 | 756 | 1,010 | 1,056 | 1,188 | 1,707 | 2,359 | 2,701 | 3,299 |
| Tax % | 37% | 32% | 30% | 36% | 37% | 34% | 24% | 16% | 23% | 25% | 24% | 24% | |
| Net Profit | 89 | 164 | 185 | 233 | 359 | 500 | 766 | 886 | 917 | 1,283 | 1,803 | 2,046 | 2,491 |
| EPS in Rs | 12.65 | 11.64 | 13.09 | 16.48 | 25.35 | 35.39 | 50.97 | 59.15 | 60.80 | 84.85 | 118.75 | 134.28 | 163.61 |
| Dividend Payout % | 8% | 9% | 13% | 6% | 0% | 8% | 14% | 17% | 23% | 24% | 25% | 26% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 84.27% | 12.80% | 25.95% | 54.08% | 39.28% | 53.20% | 15.67% | 3.50% | 39.91% | 40.53% | 13.48% |
| Change in YoY Net Profit Growth (%) | 0.00% | -71.46% | 13.14% | 28.13% | -14.80% | 13.92% | -37.53% | -12.17% | 36.41% | 0.62% | -27.05% |
Polycab India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 20% |
| 3 Years: | 22% |
| TTM: | 25% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 28% |
| 5 Years: | 21% |
| 3 Years: | 29% |
| TTM: | 24% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 53% |
| 3 Years: | 43% |
| 1 Year: | 9% |
| Return on Equity | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 21% |
| 3 Years: | 22% |
| Last Year: | 21% |
Last Updated: September 5, 2025, 12:20 pm
Balance Sheet
Last Updated: December 4, 2025, 1:48 am
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 71 | 141 | 141 | 141 | 141 | 141 | 149 | 149 | 149 | 150 | 150 | 150 | 151 |
| Reserves | 1,412 | 1,489 | 1,642 | 1,853 | 2,206 | 2,706 | 3,688 | 4,605 | 5,394 | 6,487 | 8,037 | 9,675 | 10,443 |
| Borrowings | 458 | 546 | 796 | 856 | 800 | 272 | 157 | 282 | 118 | 109 | 161 | 202 | 223 |
| Other Liabilities | 823 | 1,138 | 1,296 | 1,729 | 1,300 | 2,509 | 1,967 | 1,978 | 1,750 | 2,678 | 3,718 | 3,721 | 6,354 |
| Total Liabilities | 2,763 | 3,314 | 3,875 | 4,579 | 4,448 | 5,628 | 5,961 | 7,015 | 7,412 | 9,424 | 12,066 | 13,749 | 17,171 |
| Fixed Assets | 750 | 822 | 985 | 1,128 | 1,197 | 1,276 | 1,422 | 1,870 | 1,675 | 2,067 | 2,338 | 3,011 | 3,398 |
| CWIP | 116 | 179 | 138 | 165 | 136 | 193 | 241 | 99 | 375 | 251 | 578 | 708 | 860 |
| Investments | 0 | 0 | 0 | 33 | 32 | 29 | 65 | 635 | 773 | 1,350 | 1,822 | 1,749 | 1,697 |
| Other Assets | 1,897 | 2,312 | 2,752 | 3,253 | 3,083 | 4,130 | 4,232 | 4,411 | 4,588 | 5,756 | 7,328 | 8,280 | 11,216 |
| Total Assets | 2,763 | 3,314 | 3,875 | 4,579 | 4,448 | 5,628 | 5,961 | 7,015 | 7,412 | 9,424 | 12,066 | 13,749 | 17,171 |
Below is a detailed analysis of the balance sheet data for Polycab India Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 151.00 Cr.. The value appears strong and on an upward trend. It has increased from 150.00 Cr. (Mar 2025) to 151.00 Cr., marking an increase of 1.00 Cr..
- For Reserves, as of Sep 2025, the value is 10,443.00 Cr.. The value appears strong and on an upward trend. It has increased from 9,675.00 Cr. (Mar 2025) to 10,443.00 Cr., marking an increase of 768.00 Cr..
- For Borrowings, as of Sep 2025, the value is 223.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 202.00 Cr. (Mar 2025) to 223.00 Cr., marking an increase of 21.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 6,354.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3,721.00 Cr. (Mar 2025) to 6,354.00 Cr., marking an increase of 2,633.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 17,171.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 13,749.00 Cr. (Mar 2025) to 17,171.00 Cr., marking an increase of 3,422.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 3,398.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,011.00 Cr. (Mar 2025) to 3,398.00 Cr., marking an increase of 387.00 Cr..
- For CWIP, as of Sep 2025, the value is 860.00 Cr.. The value appears strong and on an upward trend. It has increased from 708.00 Cr. (Mar 2025) to 860.00 Cr., marking an increase of 152.00 Cr..
- For Investments, as of Sep 2025, the value is 1,697.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,749.00 Cr. (Mar 2025) to 1,697.00 Cr., marking a decrease of 52.00 Cr..
- For Other Assets, as of Sep 2025, the value is 11,216.00 Cr.. The value appears strong and on an upward trend. It has increased from 8,280.00 Cr. (Mar 2025) to 11,216.00 Cr., marking an increase of 2,936.00 Cr..
- For Total Assets, as of Sep 2025, the value is 17,171.00 Cr.. The value appears strong and on an upward trend. It has increased from 13,749.00 Cr. (Mar 2025) to 17,171.00 Cr., marking an increase of 3,422.00 Cr..
Notably, the Reserves (10,443.00 Cr.) exceed the Borrowings (223.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -159.00 | -104.00 | -304.00 | -376.00 | -71.00 | 678.00 | -156.00 | -281.00 | -117.00 | -108.00 | -159.00 | -200.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 88 | 84 | 95 | 80 | 70 | 61 | 59 | 60 | 39 | 32 | 41 | 42 |
| Inventory Days | 70 | 95 | 94 | 134 | 128 | 116 | 113 | 86 | 104 | 105 | 86 | |
| Days Payable | 77 | 101 | 101 | 120 | 97 | 82 | 77 | 48 | 72 | 82 | 64 | |
| Cash Conversion Cycle | 81 | 78 | 88 | 94 | 70 | 91 | 94 | 96 | 77 | 65 | 65 | 64 |
| Working Capital Days | 92 | 86 | 94 | 96 | 57 | 45 | 71 | 73 | 67 | 58 | 59 | 54 |
| ROCE % | 17% | 17% | 16% | 22% | 28% | 29% | 24% | 21% | 27% | 31% | 30% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Motilal Oswal Midcap Fund | 2,528,264 | 4.97 | 1888.61 | 2,673,670 | 2025-12-15 00:09:47 | -5.44% |
| Motilal Oswal Flexi Cap Fund | 1,463,561 | 7.64 | 1093.28 | 1,540,612 | 2025-12-15 00:09:47 | -5% |
| Kotak Midcap Fund | 781,062 | 0.96 | 583.45 | 986,481 | 2025-12-15 00:09:47 | -20.82% |
| ICICI Prudential Balanced Advantage Fund | 612,451 | 0.65 | 457.5 | N/A | N/A | N/A |
| DSP Mid Cap Fund | 557,747 | 2.1 | 416.64 | 427,612 | 2025-12-08 04:32:39 | 30.43% |
| UTI Flexi Cap Fund | 501,000 | 1.46 | 374.25 | 273,210 | 2025-12-08 04:32:39 | 83.38% |
| UTI Mid Cap Fund | 400,000 | 2.48 | 298.8 | 403,783 | 2025-12-15 00:09:47 | -0.94% |
| UTI Large Cap Fund | 306,407 | 1.71 | 228.89 | N/A | N/A | N/A |
| HSBC Midcap Fund | 304,000 | 1.81 | 227.09 | N/A | N/A | N/A |
| DSP Flexi Cap Fund | 275,493 | 1.66 | 205.79 | 349,502 | 2025-12-08 04:32:39 | -21.18% |
Key Financial Ratios
| Month | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 134.34 | 118.93 | 84.87 | 60.87 | 59.20 |
| Diluted EPS (Rs.) | 133.80 | 118.49 | 84.61 | 60.60 | 58.96 |
| Cash EPS (Rs.) | 155.80 | 136.32 | 100.20 | 75.03 | 71.18 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 653.14 | 548.63 | 445.25 | 372.58 | 320.03 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 653.14 | 548.63 | 445.25 | 372.58 | 320.03 |
| Revenue From Operations / Share (Rs.) | 1489.66 | 1200.74 | 941.99 | 816.62 | 589.61 |
| PBDIT / Share (Rs.) | 210.59 | 180.56 | 132.57 | 90.68 | 82.51 |
| PBIT / Share (Rs.) | 190.78 | 164.25 | 118.60 | 77.19 | 70.70 |
| PBT / Share (Rs.) | 179.55 | 157.04 | 114.61 | 74.84 | 67.84 |
| Net Profit / Share (Rs.) | 135.98 | 120.01 | 86.24 | 61.55 | 59.37 |
| NP After MI And SOA / Share (Rs.) | 134.28 | 118.75 | 84.80 | 60.80 | 59.15 |
| PBDIT Margin (%) | 14.13 | 15.03 | 14.07 | 11.10 | 13.99 |
| PBIT Margin (%) | 12.80 | 13.67 | 12.59 | 9.45 | 11.99 |
| PBT Margin (%) | 12.05 | 13.07 | 12.16 | 9.16 | 11.50 |
| Net Profit Margin (%) | 9.12 | 9.99 | 9.15 | 7.53 | 10.06 |
| NP After MI And SOA Margin (%) | 9.01 | 9.88 | 9.00 | 7.44 | 10.03 |
| Return on Networth / Equity (%) | 20.55 | 21.79 | 19.15 | 16.39 | 18.55 |
| Return on Capital Employeed (%) | 27.96 | 29.02 | 26.12 | 20.34 | 21.08 |
| Return On Assets (%) | 14.66 | 14.76 | 13.47 | 12.25 | 12.57 |
| Long Term Debt / Equity (X) | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 |
| Total Debt / Equity (X) | 0.01 | 0.01 | 0.02 | 0.01 | 0.05 |
| Asset Turnover Ratio (%) | 1.73 | 1.68 | 1.68 | 1.69 | 1.38 |
| Current Ratio (X) | 2.65 | 2.44 | 2.63 | 2.95 | 2.37 |
| Quick Ratio (X) | 1.61 | 1.41 | 1.51 | 1.69 | 1.38 |
| Inventory Turnover Ratio (X) | 6.11 | 3.82 | 3.79 | 4.44 | 2.94 |
| Dividend Payout Ratio (NP) (%) | 22.33 | 16.80 | 16.49 | 16.41 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 19.45 | 14.77 | 14.16 | 13.43 | 0.00 |
| Earning Retention Ratio (%) | 77.67 | 83.20 | 83.51 | 83.59 | 0.00 |
| Cash Earning Retention Ratio (%) | 80.55 | 85.23 | 85.84 | 86.57 | 0.00 |
| Interest Coverage Ratio (X) | 18.75 | 25.04 | 33.23 | 38.51 | 28.82 |
| Interest Coverage Ratio (Post Tax) (X) | 13.11 | 17.64 | 22.61 | 25.09 | 20.71 |
| Enterprise Value (Cr.) | 76864.71 | 75857.69 | 42607.13 | 35046.60 | 20316.85 |
| EV / Net Operating Revenue (X) | 3.43 | 4.21 | 3.02 | 2.87 | 2.31 |
| EV / EBITDA (X) | 24.26 | 27.96 | 21.46 | 25.86 | 16.51 |
| MarketCap / Net Operating Revenue (X) | 3.46 | 4.22 | 3.06 | 2.90 | 2.34 |
| Retention Ratios (%) | 77.66 | 83.19 | 83.50 | 83.58 | 0.00 |
| Price / BV (X) | 7.88 | 9.30 | 6.50 | 6.38 | 4.33 |
| Price / Net Operating Revenue (X) | 3.46 | 4.22 | 3.06 | 2.90 | 2.34 |
| EarningsYield | 0.02 | 0.02 | 0.02 | 0.02 | 0.04 |
After reviewing the key financial ratios for Polycab India Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 19, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 18) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 19, the value is 134.34. This value is within the healthy range. It has increased from 118.93 (Mar 18) to 134.34, marking an increase of 15.41.
- For Diluted EPS (Rs.), as of Mar 19, the value is 133.80. This value is within the healthy range. It has increased from 118.49 (Mar 18) to 133.80, marking an increase of 15.31.
- For Cash EPS (Rs.), as of Mar 19, the value is 155.80. This value is within the healthy range. It has increased from 136.32 (Mar 18) to 155.80, marking an increase of 19.48.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 19, the value is 653.14. It has increased from 548.63 (Mar 18) to 653.14, marking an increase of 104.51.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 19, the value is 653.14. It has increased from 548.63 (Mar 18) to 653.14, marking an increase of 104.51.
- For Revenue From Operations / Share (Rs.), as of Mar 19, the value is 1,489.66. It has increased from 1,200.74 (Mar 18) to 1,489.66, marking an increase of 288.92.
- For PBDIT / Share (Rs.), as of Mar 19, the value is 210.59. This value is within the healthy range. It has increased from 180.56 (Mar 18) to 210.59, marking an increase of 30.03.
- For PBIT / Share (Rs.), as of Mar 19, the value is 190.78. This value is within the healthy range. It has increased from 164.25 (Mar 18) to 190.78, marking an increase of 26.53.
- For PBT / Share (Rs.), as of Mar 19, the value is 179.55. This value is within the healthy range. It has increased from 157.04 (Mar 18) to 179.55, marking an increase of 22.51.
- For Net Profit / Share (Rs.), as of Mar 19, the value is 135.98. This value is within the healthy range. It has increased from 120.01 (Mar 18) to 135.98, marking an increase of 15.97.
- For NP After MI And SOA / Share (Rs.), as of Mar 19, the value is 134.28. This value is within the healthy range. It has increased from 118.75 (Mar 18) to 134.28, marking an increase of 15.53.
- For PBDIT Margin (%), as of Mar 19, the value is 14.13. This value is within the healthy range. It has decreased from 15.03 (Mar 18) to 14.13, marking a decrease of 0.90.
- For PBIT Margin (%), as of Mar 19, the value is 12.80. This value is within the healthy range. It has decreased from 13.67 (Mar 18) to 12.80, marking a decrease of 0.87.
- For PBT Margin (%), as of Mar 19, the value is 12.05. This value is within the healthy range. It has decreased from 13.07 (Mar 18) to 12.05, marking a decrease of 1.02.
- For Net Profit Margin (%), as of Mar 19, the value is 9.12. This value is within the healthy range. It has decreased from 9.99 (Mar 18) to 9.12, marking a decrease of 0.87.
- For NP After MI And SOA Margin (%), as of Mar 19, the value is 9.01. This value is within the healthy range. It has decreased from 9.88 (Mar 18) to 9.01, marking a decrease of 0.87.
- For Return on Networth / Equity (%), as of Mar 19, the value is 20.55. This value is within the healthy range. It has decreased from 21.79 (Mar 18) to 20.55, marking a decrease of 1.24.
- For Return on Capital Employeed (%), as of Mar 19, the value is 27.96. This value is within the healthy range. It has decreased from 29.02 (Mar 18) to 27.96, marking a decrease of 1.06.
- For Return On Assets (%), as of Mar 19, the value is 14.66. This value is within the healthy range. It has decreased from 14.76 (Mar 18) to 14.66, marking a decrease of 0.10.
- For Long Term Debt / Equity (X), as of Mar 19, the value is 0.00. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 18) which recorded 0.00.
- For Total Debt / Equity (X), as of Mar 19, the value is 0.01. This value is within the healthy range. There is no change compared to the previous period (Mar 18) which recorded 0.01.
- For Asset Turnover Ratio (%), as of Mar 19, the value is 1.73. It has increased from 1.68 (Mar 18) to 1.73, marking an increase of 0.05.
- For Current Ratio (X), as of Mar 19, the value is 2.65. This value is within the healthy range. It has increased from 2.44 (Mar 18) to 2.65, marking an increase of 0.21.
- For Quick Ratio (X), as of Mar 19, the value is 1.61. This value is within the healthy range. It has increased from 1.41 (Mar 18) to 1.61, marking an increase of 0.20.
- For Inventory Turnover Ratio (X), as of Mar 19, the value is 6.11. This value is within the healthy range. It has increased from 3.82 (Mar 18) to 6.11, marking an increase of 2.29.
- For Dividend Payout Ratio (NP) (%), as of Mar 19, the value is 22.33. This value is within the healthy range. It has increased from 16.80 (Mar 18) to 22.33, marking an increase of 5.53.
- For Dividend Payout Ratio (CP) (%), as of Mar 19, the value is 19.45. This value is below the healthy minimum of 20. It has increased from 14.77 (Mar 18) to 19.45, marking an increase of 4.68.
- For Earning Retention Ratio (%), as of Mar 19, the value is 77.67. This value exceeds the healthy maximum of 70. It has decreased from 83.20 (Mar 18) to 77.67, marking a decrease of 5.53.
- For Cash Earning Retention Ratio (%), as of Mar 19, the value is 80.55. This value exceeds the healthy maximum of 70. It has decreased from 85.23 (Mar 18) to 80.55, marking a decrease of 4.68.
- For Interest Coverage Ratio (X), as of Mar 19, the value is 18.75. This value is within the healthy range. It has decreased from 25.04 (Mar 18) to 18.75, marking a decrease of 6.29.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 19, the value is 13.11. This value is within the healthy range. It has decreased from 17.64 (Mar 18) to 13.11, marking a decrease of 4.53.
- For Enterprise Value (Cr.), as of Mar 19, the value is 76,864.71. It has increased from 75,857.69 (Mar 18) to 76,864.71, marking an increase of 1,007.02.
- For EV / Net Operating Revenue (X), as of Mar 19, the value is 3.43. This value exceeds the healthy maximum of 3. It has decreased from 4.21 (Mar 18) to 3.43, marking a decrease of 0.78.
- For EV / EBITDA (X), as of Mar 19, the value is 24.26. This value exceeds the healthy maximum of 15. It has decreased from 27.96 (Mar 18) to 24.26, marking a decrease of 3.70.
- For MarketCap / Net Operating Revenue (X), as of Mar 19, the value is 3.46. This value exceeds the healthy maximum of 3. It has decreased from 4.22 (Mar 18) to 3.46, marking a decrease of 0.76.
- For Retention Ratios (%), as of Mar 19, the value is 77.66. This value exceeds the healthy maximum of 70. It has decreased from 83.19 (Mar 18) to 77.66, marking a decrease of 5.53.
- For Price / BV (X), as of Mar 19, the value is 7.88. This value exceeds the healthy maximum of 3. It has decreased from 9.30 (Mar 18) to 7.88, marking a decrease of 1.42.
- For Price / Net Operating Revenue (X), as of Mar 19, the value is 3.46. This value exceeds the healthy maximum of 3. It has decreased from 4.22 (Mar 18) to 3.46, marking a decrease of 0.76.
- For EarningsYield, as of Mar 19, the value is 0.02. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 18) which recorded 0.02.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Polycab India Ltd:
- Net Profit Margin: 9.12%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 27.96% (Industry Average ROCE: 18.06%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 20.55% (Industry Average ROE: 16.3%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 13.11
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.61
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 47.7 (Industry average Stock P/E: 37.86)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.01
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 9.12%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Cables - Power/Others | Unit No.4, Plot No.105, Halol Vadodara Road, Panchmahal Gujarat 389350 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Inder T Jaisinghani | Chairman & Managing Director |
| Mr. Bharat A Jaisinghani | Executive Director |
| Mr. Nikhil R Jaisinghani | Executive Director |
| Mr. Gandharv Tongia | Executive Director & CFO |
| Mr. R S Sharma | Independent Director |
| Mr. T P Ostwal | Independent Director |
| Mrs. Sutapa Banerjee | Independent Director |
| Mr. Bhaskar Sharma | Independent Director |
| Mrs. Manju Agarwal | Independent Director |
| Mr. Vijay Pratap Pandey | Executive Director |
| Mr. Sumit Malhotra | Independent Director |
FAQ
What is the intrinsic value of Polycab India Ltd?
Polycab India Ltd's intrinsic value (as of 06 January 2026) is ₹5774.90 which is 25.94% lower the current market price of ₹7,798.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹1,17,390 Cr. market cap, FY2025-2026 high/low of ₹7,903/4,555, reserves of ₹10,443 Cr, and liabilities of ₹17,171 Cr.
What is the Market Cap of Polycab India Ltd?
The Market Cap of Polycab India Ltd is 1,17,390 Cr..
What is the current Stock Price of Polycab India Ltd as on 06 January 2026?
The current stock price of Polycab India Ltd as on 06 January 2026 is ₹7,798.
What is the High / Low of Polycab India Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Polycab India Ltd stocks is ₹7,903/4,555.
What is the Stock P/E of Polycab India Ltd?
The Stock P/E of Polycab India Ltd is 47.7.
What is the Book Value of Polycab India Ltd?
The Book Value of Polycab India Ltd is 704.
What is the Dividend Yield of Polycab India Ltd?
The Dividend Yield of Polycab India Ltd is 0.45 %.
What is the ROCE of Polycab India Ltd?
The ROCE of Polycab India Ltd is 29.7 %.
What is the ROE of Polycab India Ltd?
The ROE of Polycab India Ltd is 21.4 %.
What is the Face Value of Polycab India Ltd?
The Face Value of Polycab India Ltd is 10.0.