View ValuationPolycab India 将来の成長Future 基準チェック /36Polycab India利益と収益がそれぞれ年間13.9%と14.6%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に22.1% 14.2%なると予測されています。主要情報13.9%収益成長率14.24%EPS成長率Electrical 収益成長20.9%収益成長率14.6%将来の株主資本利益率22.08%アナリストカバレッジGood最終更新日05 Aug 2026今後の成長に関する最新情報Price Target Changed • May 11Price target increased by 7.1% to ₹9,170Up from ₹8,565, the current price target is an average from 31 analysts. New target price is approximately in line with last closing price of ₹9,064. Stock is up 51% over the past year. The company is forecast to post earnings per share of ₹209 for next year compared to ₹178 last year.Price Target Changed • Jul 21Price target increased by 7.5% to ₹7,398Up from ₹6,885, the current price target is an average from 30 analysts. New target price is 5.1% above last closing price of ₹7,040. Stock is up 12% over the past year. The company is forecast to post earnings per share of ₹168 for next year compared to ₹134 last year.Price Target Changed • May 13Price target increased by 9.1% to ₹5,888Up from ₹5,398, the current price target is an average from 26 analysts. New target price is approximately in line with last closing price of ₹6,154. Stock is up 82% over the past year. The company is forecast to post earnings per share of ₹139 for next year compared to ₹119 last year.Price Target Changed • Oct 19Price target increased by 9.6% to ₹5,213Up from ₹4,755, the current price target is an average from 25 analysts. New target price is approximately in line with last closing price of ₹5,294. Stock is up 100% over the past year. The company is forecast to post earnings per share of ₹121 for next year compared to ₹84.87 last year.Price Target Changed • Jul 19Price target increased by 10% to ₹3,885Up from ₹3,526, the current price target is an average from 26 analysts. New target price is 9.8% below last closing price of ₹4,309. Stock is up 96% over the past year. The company is forecast to post earnings per share of ₹111 for next year compared to ₹84.87 last year.Price Target Changed • May 16Price target increased by 8.5% to ₹3,344Up from ₹3,081, the current price target is an average from 25 analysts. New target price is approximately in line with last closing price of ₹3,427. Stock is up 32% over the past year. The company is forecast to post earnings per share of ₹95.89 for next year compared to ₹84.87 last year.すべての更新を表示Recent updatesReported Earnings • Jul 17First quarter 2027 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2027 results: EPS: ₹52.09 (up from ₹39.36 in 1Q 2026). Revenue: ₹82.1b (up 39% from 1Q 2026). Net income: ₹7.84b (up 33% from 1Q 2026). Profit margin: 9.6% (in line with 1Q 2026). Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 25% per year.お知らせ • Jul 07Polycab India Limited to Report Q1, 2027 Results on Jul 16, 2026Polycab India Limited announced that they will report Q1, 2027 results on Jul 16, 2026Declared Dividend • Jun 11Dividend increased to ₹47.00Dividend of ₹47.00 is 34% higher than last year. Ex-date: 19th June 2026 Payment date: 29th July 2026 Dividend yield will be 0.5%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 48% per year over the past 7 years and payments have been stable during that time. EPS is expected to grow by 49% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jun 10Polycab India Limited announces Annual dividend, payable on July 29, 2026Polycab India Limited announced Annual dividend of INR 47.0000 per share payable on July 29, 2026, ex-date on June 19, 2026 and record date on June 19, 2026.お知らせ • Jun 01Polycab India Limited, Annual General Meeting, Jun 30, 2026Polycab India Limited, Annual General Meeting, Jun 30, 2026, at 09:00 Indian Standard Time.Price Target Changed • May 11Price target increased by 7.1% to ₹9,170Up from ₹8,565, the current price target is an average from 31 analysts. New target price is approximately in line with last closing price of ₹9,064. Stock is up 51% over the past year. The company is forecast to post earnings per share of ₹209 for next year compared to ₹178 last year.Reported Earnings • May 07Full year 2026 earnings: EPS in line with analyst expectations despite revenue beatFull year 2026 results: EPS: ₹178 (up from ₹134 in FY 2025). Revenue: ₹288.8b (up 29% from FY 2025). Net income: ₹26.7b (up 32% from FY 2025). Profit margin: 9.3% (up from 9.0% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 24Polycab India Limited to Report Q4, 2026 Results on May 06, 2026Polycab India Limited announced that they will report Q4, 2026 results at 12:08 PM, Indian Standard Time on May 06, 2026Valuation Update With 7 Day Price Move • Mar 13Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹7,203, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 35x in the Electrical industry in India. Total returns to shareholders of 154% over the past three years.お知らせ • Feb 17Polycab India Limited Appoints Gyan Pandey as Executive President and Chief Digital & Information Officer, Effective February 16, 2026Polycab India Limited has appointed Mr. Gyan Pandey as Executive President and Chief Digital & Information Officer effective February 16, 2026. Mr. Gyan Pandey, aged 57 years, has completed his Bachelor of Commerce (Hons.) from University of Calcutta and has obtained various management certifications from IIM-B and IIM-C. Mr. Gyan Pandey’s professional journey includes leadership roles across prominent organizations like Voltas, Aurobindo Pharma and Oracle. He is having more than 25 years of experience in Information and Technology and his work areas include driving enterprise-level digital strategies, IoT-led manufacturing initiatives, data-driven platforms, scalable AI/Gen AI adoption for business cases. He will oversee the functioning and initiatives of Digital, IT and cybersecurity functions.Reported Earnings • Jan 17Third quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2026 results: EPS: ₹41.30 (up from ₹30.42 in 3Q 2025). Revenue: ₹76.4b (up 46% from 3Q 2025). Net income: ₹6.22b (up 36% from 3Q 2025). Profit margin: 8.1% (down from 8.8% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) missed analyst estimates by 6.2%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jan 05Polycab India Limited Appoints Shashi Amin as Director (Non-Board Member) and CEO - B2B Channel & Corporate Communication, Effective January 5, 2026Polycab India Limited appointed Mr. Shashi Amin as Director (Non-Board Member) and CEO - B2B Channel & Corporate Communication, effective from January 5, 2026. Mr. Shashi, aged 58 years, has completed his Bachelor of Technology (Electrical Power System) from Amravati University and Master’s in Marketing Management from Welingkar Institute of Management, Mumbai. Mr. Shashi professional journey includes leadership roles across prominent organizations like Apar Industries Limited, BICC Bahrain and Nicco Corporation Limited. Prior to Apar Industries Limited, Mr. Shashi was associated with Polycab India Limited (July 2011 to March 2022) as President and SBU Head Cables. He is having more than 37 years of experience in Sales & Marketing, Business development and P&L Management in cable industry. This appointment follows the resignation of Mr. Bhushan Sawhney (Executive President and Chief Business Officer - B2B) on February 3, 2025, due to personal reasons, with his cessation from the Company effective from May 2, 2025.お知らせ • Jan 04Polycab India Limited to Report Q3, 2026 Results on Jan 16, 2026Polycab India Limited announced that they will report Q3, 2026 results on Jan 16, 2026お知らせ • Oct 20+ 1 more updatePolycab India Limited Approves Executive ChangesPolycab India Limited at its meeting held on October 17, 2025, has approved the appointment of Mr. Niyant Maru as Executive President Finance, with effect from October 17, 2025. Following the resignation of Mr. Gandharv Tongia as Executive President Finance, effective from close of business hours on October 27, 2025. Mr. Maru, aged 62, holds a B.Com from the University of Gujarat (1984) and is a Chartered Accountant (1988). He brings 35 years of diverse experience across industries such as Cosmetics, Steel, Telecom, Hotels, Real Estate, Infrastructure, and Aviation. He spent approximately 28 years with the Tata Group, served as CFO of Tata SIA Airlines (Vistara) prior to its merger with Air India, and superannuated as Senior Vice President Finance at Air India Limited in May 2025.Reported Earnings • Oct 19Second quarter 2026 earnings: EPS exceeds analyst expectationsSecond quarter 2026 results: EPS: ₹45.54 (up from ₹29.25 in 2Q 2025). Revenue: ₹64.8b (up 18% from 2Q 2025). Net income: ₹6.85b (up 56% from 2Q 2025). Profit margin: 11% (up from 8.0% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 13%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 03Polycab India Limited to Report Q2, 2026 Results on Oct 17, 2025Polycab India Limited announced that they will report Q2, 2026 results on Oct 17, 2025Price Target Changed • Jul 21Price target increased by 7.5% to ₹7,398Up from ₹6,885, the current price target is an average from 30 analysts. New target price is 5.1% above last closing price of ₹7,040. Stock is up 12% over the past year. The company is forecast to post earnings per share of ₹168 for next year compared to ₹134 last year.Reported Earnings • Jul 18First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: ₹39.36 (up from ₹26.35 in 1Q 2025). Revenue: ₹59.1b (up 26% from 1Q 2025). Net income: ₹5.92b (up 50% from 1Q 2025). Profit margin: 10.0% (up from 8.4% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jun 30Polycab India Limited to Report Q1, 2026 Results on Jul 17, 2025Polycab India Limited announced that they will report Q1, 2026 results on Jul 17, 2025Upcoming Dividend • Jun 17Upcoming dividend of ₹35.00 per shareEligible shareholders must have bought the stock before 24 June 2025. Payment date: 31 July 2025. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.2%). Higher than average of industry peers (0.4%).お知らせ • Jun 11Polycab India Limited announces Annual dividend, payable on July 31, 2025Polycab India Limited announced Annual dividend of INR 35.0000 per share payable on July 31, 2025, ex-date on June 24, 2025 and record date on June 24, 2025.お知らせ • Jun 02Polycab India Limited, Annual General Meeting, Jul 01, 2025Polycab India Limited, Annual General Meeting, Jul 01, 2025, at 09:00 Indian Standard Time.Reported Earnings • May 09Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: ₹134 (up from ₹119 in FY 2024). Revenue: ₹224.1b (up 24% from FY 2024). Net income: ₹20.2b (up 13% from FY 2024). Profit margin: 9.0% (in line with FY 2024). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 5.0%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 31% per year.お知らせ • Apr 14Polycab India Limited to Report Q4, 2025 Results on May 06, 2025Polycab India Limited announced that they will report Q4, 2025 results on May 06, 2025Valuation Update With 7 Day Price Move • Feb 27Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₹4,674, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 34x in the Electrical industry in India. Total returns to shareholders of 105% over the past three years.お知らせ • Feb 03Polycab India Limited Announces Resignation of Bhushan Sawhney as Executive President and Chief Business Officer- B2b, Effective on or Before 2 May 2025Polycab India Limited announced resignation of Mr. Bhushan Sawhney as Executive President and Chief Business Officer- B2B due to personal reasons on 3 February, 2025. Date of cessation is on or before 2 May 2025.Board Change • Feb 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Sumit Malhotra was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Jan 22+ 1 more updatePolycab India Limited Announces Rakesh Talati Steps Down from Post of Executive Director and Redesignates as Chief Sustainability OfficerPolycab India Limited announced that considering the roles & responsibilities as mutually agreed Mr. Rakesh Talati has stepped down from the post of Executive Director with effect from close of business hours of 21 January 2025, however, taking into consideration his expertise and based on recommendation of Nomination & Remuneration Committee, the Board of Directors at its meeting held on 22 January 2025 has redesignated him as Director - Sustainability (Non-Board Member) and Chief Sustainability Officer with effect from 22 January 2025.お知らせ • Dec 27Polycab India Limited to Report Q3, 2025 Results on Jan 22, 2025Polycab India Limited announced that they will report Q3, 2025 results on Jan 22, 2025Reported Earnings • Oct 18Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2025 results: EPS: ₹29.25 (up from ₹28.38 in 2Q 2024). Revenue: ₹55.7b (up 32% from 2Q 2024). Net income: ₹4.40b (up 3.3% from 2Q 2024). Profit margin: 7.9% (down from 10% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) missed analyst estimates by 1.0%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 03+ 1 more updatePolycab India Limited Appoints Hetal Shah as Executive President and Head - EPCPolycab India Limited informed that Mr. Hetal Shah has been appointed as Executive President and Head - EPC of the Company effective 03rd October 2024. Mr. Hetal Shah, aged 52 years, holds an MBA from the National Institute of Management. Mr. Shah brings 28 years of rich experience and expertise in Strategic Planning, business development and managing complex EPC projects across Government, PSU and large enterprise sectors. Prior to joining Polycab, he was working with Ved Vipas Consulting LLP as a partner where he was responsible for Strategic Advisory Services and played a key role in the successful execution of large-scale infrastructure projects.お知らせ • Aug 02Polycab India Limited Announces Redesignation of Mr. Sanjeev Chhabra as Executive President and Chief Procurement OfficerPolycab India Limited announced Mr. Sanjeev Chhabra, redesignated as Executive President and Chief Procurement Officer. Reason for change: Change in roles and responsibilities. Date of Redesignated on August 1, 2024.お知らせ • Jul 17Polycab India Limited Approves Dividend for the Year Ended March 31, 2024Polycab India Limited announced that at its AGM held on July 16, 2024, shareholders approved the dividend of 300% i.e. INR 30 per equity share of face value of INR 10 for the financial year ended March 31, 2024.お知らせ • Jul 04Polycab India Limited to Report Q1, 2025 Results on Jul 18, 2024Polycab India Limited announced that they will report Q1, 2025 results on Jul 18, 2024Upcoming Dividend • Jul 02Upcoming dividend of ₹30.00 per shareEligible shareholders must have bought the stock before 09 July 2024. Payment date: 15 August 2024. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.1%). Higher than average of industry peers (0.3%).Reported Earnings • Jun 25Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: ₹119 (up from ₹84.93 in FY 2023). Revenue: ₹180.4b (up 28% from FY 2023). Net income: ₹17.8b (up 40% from FY 2023). Profit margin: 9.9% (in line with FY 2023). Revenue exceeded analyst estimates by 3.4%. Earnings per share (EPS) also surpassed analyst estimates by 5.1%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jun 15Polycab India Limited, Annual General Meeting, Jul 16, 2024Polycab India Limited, Annual General Meeting, Jul 16, 2024, at 09:00 Indian Standard Time.お知らせ • Jun 13Polycab India Limited Announces Resignation of Sandeep Bhargava as Executive President and Chief Procurement OfficerPolycab India Limited announced resignation of Mr. Sandeep Bhargava, Executive President and Chief Procurement Officer of the company with effect from June 12, 2024 due to personal reasons.Price Target Changed • May 13Price target increased by 9.1% to ₹5,888Up from ₹5,398, the current price target is an average from 26 analysts. New target price is approximately in line with last closing price of ₹6,154. Stock is up 82% over the past year. The company is forecast to post earnings per share of ₹139 for next year compared to ₹119 last year.Reported Earnings • May 11Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: ₹119 (up from ₹84.87 in FY 2023). Revenue: ₹182.6b (up 29% from FY 2023). Net income: ₹17.8b (up 41% from FY 2023). Profit margin: 9.8% (in line with FY 2023). Revenue exceeded analyst estimates by 3.4%. Earnings per share (EPS) also surpassed analyst estimates by 5.1%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 11Polycab India Limited Recommends Dividend for the Financial Year 2023-24The board of directors of Polycab India Limited at its meeting held on May 10, 2024, considered and approved Recommendation of dividend @ 300% i.e. 30/- per equity share of face value of INR 10/- each for the financial year 2023-24 subject to approval of shareholders at the upcoming Annual General Meeting. The dividend, if approved by the shareholders in the upcoming Annual General Meeting will be paid on or before 30 days from the date of Annual General Meeting. The Book Closure and Record Date for dividend purpose will be intimated in due course.お知らせ • Apr 28Polycab India Limited to Report Q4, 2024 Results on May 10, 2024Polycab India Limited announced that they will report Q4, 2024 results on May 10, 2024お知らせ • Feb 12Polycab India Limited Announces the Resignation of Nilesh Malani from the Position of Chief Marketing Officer, Effective 13 February 2024Polycab India Limited announced the resignation of Mr. Nilesh Malani from the position of Chief Marketing Officer with effect from 13th February 2024 on account of exploring other career prospects.Reported Earnings • Jan 19Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: ₹27.50 (up from ₹23.90 in 3Q 2023). Revenue: ₹44.1b (up 19% from 3Q 2023). Net income: ₹4.13b (up 15% from 3Q 2023). Profit margin: 9.4% (in line with 3Q 2023). Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) also missed analyst estimates by 2.8%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Jan 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (30% accrual ratio). Minor Risks Dividend is not well covered by cash flows (234% cash payout ratio). Share price has been volatile over the past 3 months (7.5% average weekly change).Valuation Update With 7 Day Price Move • Jan 11Investor sentiment deteriorates as stock falls 28%After last week's 28% share price decline to ₹3,877, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 43x in the Electrical industry in India. Total returns to shareholders of 226% over the past three years.お知らせ • Jan 05Polycab India Limited to Report Q3, 2024 Results on Jan 18, 2024Polycab India Limited announced that they will report Q3, 2024 results on Jan 18, 2024お知らせ • Dec 05Polycab India Limited Announces Board ChangesPolycab India Limited announced that Mr. Rohit Kumar, (aged 56 years) President & Chief Business Officer (FMEG BU), resigned with effect from 04 December 2023, due to personal reasons and Mr. Anil Shipley, (aged 62 years) Executive President Strategic Projects, Electricals and Electronics, resigned with effect from 05 December 2023, due to personal reasons.Price Target Changed • Oct 19Price target increased by 9.6% to ₹5,213Up from ₹4,755, the current price target is an average from 25 analysts. New target price is approximately in line with last closing price of ₹5,294. Stock is up 100% over the past year. The company is forecast to post earnings per share of ₹121 for next year compared to ₹84.87 last year.Reported Earnings • Oct 19Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: ₹28.38 (up from ₹17.90 in 2Q 2023). Revenue: ₹42.5b (up 28% from 2Q 2023). Net income: ₹4.26b (up 59% from 2Q 2023). Profit margin: 10.0% (up from 8.0% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) also surpassed analyst estimates by 10%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 07Polycab India Limited to Report Q2, 2024 Results on Oct 18, 2023Polycab India Limited announced that they will report Q2, 2024 results on Oct 18, 2023Price Target Changed • Jul 19Price target increased by 10% to ₹3,885Up from ₹3,526, the current price target is an average from 26 analysts. New target price is 9.8% below last closing price of ₹4,309. Stock is up 96% over the past year. The company is forecast to post earnings per share of ₹111 for next year compared to ₹84.87 last year.Reported Earnings • Jul 19First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: ₹26.66 (up from ₹14.70 in 1Q 2023). Revenue: ₹39.5b (up 45% from 1Q 2023). Net income: ₹3.99b (up 82% from 1Q 2023). Profit margin: 10% (up from 8.0% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 25%. Earnings per share (EPS) also surpassed analyst estimates by 40%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 74% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jul 07Polycab India Limited to Report Q1, 2024 Results on Jul 18, 2023Polycab India Limited announced that they will report Q1, 2024 results on Jul 18, 2023Upcoming Dividend • Jun 14Upcoming dividend of ₹20.00 per share at 0.6% yieldEligible shareholders must have bought the stock before 21 June 2023. Payment date: 28 July 2023. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.5%). In line with average of industry peers (0.5%).お知らせ • Jun 09+ 3 more updatesPolycab India Limited to Report Q2, 2024 Results on Nov 14, 2023Polycab India Limited announced that they will report Q2, 2024 results on Nov 14, 2023お知らせ • May 30Polycab India Limited, Annual General Meeting, Jun 30, 2023Polycab India Limited, Annual General Meeting, Jun 30, 2023, at 09:00 Indian Standard Time.Price Target Changed • May 16Price target increased by 8.5% to ₹3,344Up from ₹3,081, the current price target is an average from 25 analysts. New target price is approximately in line with last closing price of ₹3,427. Stock is up 32% over the past year. The company is forecast to post earnings per share of ₹95.89 for next year compared to ₹84.87 last year.Reported Earnings • May 13Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: ₹84.87 (up from ₹56.04 in FY 2022). Revenue: ₹142.4b (up 17% from FY 2022). Net income: ₹12.7b (up 52% from FY 2022). Profit margin: 8.9% (up from 6.9% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.6%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 70% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 13Polycab India Limited Recommends Dividend for the Financial Year 2022-2023Polycab India Limited recommended a dividend @ 200% i.e. INR 0.20 per equity share of face value of INR 10 each for the financial year 2022-23, subject to approval of shareholders at the upcoming annual general meeting. The dividend, if approved by the shareholders in the upcoming annual general meeting will be paid on or before 30 days from the date of annual general meeting. The book closure and record date for dividend purpose will be intimated in due course.Board Change • Feb 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Additional Non-Executive Independent Director Manju Agarwal was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Jan 20Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: ₹23.89 (up from ₹16.52 in 3Q 2022). Revenue: ₹37.5b (up 11% from 3Q 2022). Net income: ₹3.58b (up 45% from 3Q 2022). Profit margin: 9.5% (up from 7.3% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 17%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jan 20Polycab India Limited Appoints Manju Agarwal as Additional (Non-Executive Independent) DirectorThe Board of Directors of Polycab India Limited at its meeting held on January 19, 2023, have considered and approved the appointment of Mrs. Manju Agarwal as an Additional (Non-executive Independent) Director of the Company for a term of 3 consecutive years commencing from 19 January 2023 to 18 January 2026. Mrs. Manju Agarwal has been a career banker with 34 years of experience in India's largest Bank, State Bank of India in leadership positions where she was responsible for Policy, Strategy, Business and Operations. Her core expertise and key achievements include Retail Banking, Financial Inclusion and Digital initiatives. She led SBI's partnership with Reliance Industries Limited to set up Jio Payment Bank Ltd. She had been the team lead which conceptualized and launched YONO, SBI's Digital Bank, Financial Superstore & online market place (one of its kind in the Industry). She headed SBI's Debit Card Strategy, Merchant Acquiring business, Government business and Transaction Banking Business. She also led SBI's Jan Dhan program during 2014 and was associated with setting up of SBI's Pension Fund Subsidiary in 2007. She is a Post Graduate from the University of Allahabad, 1978 and an Associate of the Indian Institute of Bankers, 1989. She is currently serving on the Board of several Listed Companies.お知らせ • Jan 07Polycab India Limited to Report Q3, 2023 Results on Jan 19, 2023Polycab India Limited announced that they will report Q3, 2023 results on Jan 19, 2023Price Target Changed • Oct 21Price target increased to ₹2,783Up from ₹2,574, the current price target is an average from 26 analysts. New target price is approximately in line with last closing price of ₹2,651. Stock is up 19% over the past year. The company is forecast to post earnings per share of ₹74.72 for next year compared to ₹56.04 last year.Reported Earnings • Oct 19Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: ₹17.90. Net income: ₹2.68b (up ₹2.68b from 2Q 2022). Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates by 16%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 08Polycab India Limited to Report Q2, 2023 Results on Oct 18, 2022Polycab India Limited announced that they will report Q2, 2023 results at 12:08 PM, Indian Standard Time on Oct 18, 2022Reported Earnings • Jul 20First quarter 2023 earnings: EPS and revenues miss analyst expectationsFirst quarter 2023 results: EPS: ₹14.70 (up from ₹4.96 in 1Q 2022). Revenue: ₹27.8b (up 48% from 1Q 2022). Net income: ₹2.20b (up 197% from 1Q 2022). Profit margin: 7.9% (up from 3.9% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 9.6%. Earnings per share (EPS) also missed analyst estimates by 24%. Over the next year, revenue is forecast to grow 8.5%, compared to a 21% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jul 12Polycab India Limited to Report Q1, 2023 Results on Jul 19, 2022Polycab India Limited announced that they will report Q1, 2023 results on Jul 19, 2022Upcoming Dividend • Jun 14Upcoming dividend of ₹14.00 per shareEligible shareholders must have bought the stock before 21 June 2022. Payment date: 27 July 2022. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.8%). In line with average of industry peers (0.7%).お知らせ • Jun 02Polycab India Limited, Annual General Meeting, Jun 29, 2022Polycab India Limited, Annual General Meeting, Jun 29, 2022, at 09:00 Indian Standard Time.Reported Earnings • May 13Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: ₹56.04 (down from ₹59.20 in FY 2021). Revenue: ₹122.9b (up 38% from FY 2021). Net income: ₹8.37b (down 5.2% from FY 2021). Profit margin: 6.8% (down from 9.9% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.5%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Over the next year, revenue is forecast to grow 13%, compared to a 19% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 12Polycab India Limited Recommends Dividend for the Financial Year 2021-2022Polycab India Limited has recommended a dividend @ 140% that is INR 14/- per equity share of face value of INR 10/- each for the financial year 2021-22 subject to approval of shareholders at the upcoming Annual General Meeting. The dividend, if approved by the shareholders in the upcoming Annual General Meeting will be paid on or before 30 days from the date of Annual General Meeting.Recent Insider Transactions • Feb 05Insider recently sold ₹1.3m worth of stockOn the 28th of January, Rashmikant Mehta sold around 500 shares on-market at roughly ₹2,539 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹49m. Insiders have been net sellers, collectively disposing of ₹152m more than they bought in the last 12 months.Reported Earnings • Jan 24Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: ₹16.52 (down from ₹17.61 in 3Q 2021). Revenue: ₹33.7b (up 21% from 3Q 2021). Net income: ₹2.47b (down 6.0% from 3Q 2021). Profit margin: 7.3% (down from 9.4% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) also surpassed analyst estimates by 49%. Over the next year, revenue is forecast to grow 14%, compared to a 21% growth forecast for the industry in India.Recent Insider Transactions • Jan 05Additional Whole-Time Director recently sold ₹49m worth of stockOn the 31st of December, Nikhil Jaisinghani sold around 20k shares on-market at roughly ₹2,447 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹2.3b more than they bought in the last 12 months.お知らせ • Dec 31Polycab India Limited (NSEI:POLYCAB) acquired an additional 9% stake in Dowells Cable Accessories Private Limited for INR 21.8 million.Polycab India Limited (NSEI:POLYCAB) acquired an additional 9% stake in Dowells Cable Accessories Private Limited for INR 21.8 million on December 30, 2021. Polycab India Limited (NSEI:POLYCAB) completed the acquisition of an additional 9% stake in Dowells Cable Accessories Private Limited on December 30, 2021.Recent Insider Transactions • Dec 07Insider recently sold ₹5.4m worth of stockOn the 30th of November, Bharat Shyamyani sold around 2k shares on-market at roughly ₹2,341 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹7.4m. Insiders have been net sellers, collectively disposing of ₹2.3b more than they bought in the last 12 months.Recent Insider Transactions • Nov 12Insider recently sold ₹2.4m worth of stockOn the 9th of November, Chetan Deshmukh sold around 1k shares on-market at roughly ₹2,448 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹6.2m. Insiders have been net sellers, collectively disposing of ₹2.2b more than they bought in the last 12 months.Price Target Changed • Oct 26Price target increased to ₹2,488Up from ₹2,285, the current price target is an average from 17 analysts. New target price is 8.2% above last closing price of ₹2,298. Stock is up 143% over the past year. The company is forecast to post earnings per share of ₹55.70 for next year compared to ₹59.20 last year.Reported Earnings • Oct 23Second quarter 2022 earnings released: EPS ₹13.27 (vs ₹14.81 in 2Q 2021)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: ₹31.6b (up 49% from 2Q 2021). Net income: ₹1.98b (down 10% from 2Q 2021). Profit margin: 6.3% (down from 10% in 2Q 2021). The decrease in margin was driven by higher expenses.Price Target Changed • Sep 14Price target increased to ₹2,142Up from ₹1,980, the current price target is an average from 17 analysts. New target price is 13% below last closing price of ₹2,461. Stock is up 175% over the past year.Recent Insider Transactions • Sep 04Insider recently sold ₹2.2m worth of stockOn the 2nd of September, Shyam Bajaj sold around 1k shares on-market at roughly ₹2,200 per share. In the last 3 months, they made an even bigger sale worth ₹2.4m. Insiders have been net sellers, collectively disposing of ₹2.2b more than they bought in the last 12 months.Valuation Update With 7 Day Price Move • Sep 02Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₹2,210, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 31x in the Electrical industry in India. Total returns to shareholders of 155% over the past year.Reported Earnings • Jul 22First quarter 2022 earnings released: EPS ₹4.96 (vs ₹7.90 in 1Q 2021)The company reported a mediocre first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: ₹19.1b (up 95% from 1Q 2021). Net income: ₹739.9m (down 37% from 1Q 2021). Profit margin: 3.9% (down from 12% in 1Q 2021). The decrease in margin was driven by higher expenses.Upcoming Dividend • Jul 05Upcoming dividend of ₹10.00 per shareEligible shareholders must have bought the stock before 12 July 2021. Payment date: 20 August 2021. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.6%). In line with average of industry peers (0.6%).Recent Insider Transactions • Jun 25Insider recently sold ₹2.4m worth of stockOn the 23rd of June, Shyam Bajaj sold around 1k shares on-market at roughly ₹1,999 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹2.5b more than they bought in the last 12 months.お知らせ • Jun 19Polycab India Limited (NSEI:POLYCAB) entered in an agreement to acquire Silvan Innovation Labs Pvt. Ltd. for approximately INR 180 million.Polycab India Limited (NSEI:POLYCAB) entered in an agreement to acquire Silvan Innovation Labs Pvt. Ltd. for approximately INR 180 million on June 18, 2021. The cost of acquisition is around INR 102 million for shares and around INR 80 million as additional funds infusion to discharge certain outstanding liabilities. Silvan will operate as a wholly owned subsidiary of PIL. The founders Giridhar Krishna, Mohan Gopalakrishna and Ajay Gupta will be continuing with PIL. As of December 2020 Silvan reported revenue of INR 34.3 million. The transaction is subject to fulfilment of certain conditions by both parties and is expected to close in one month.Price Target Changed • Jun 08Price target increased to ₹1,734Up from ₹1,549, the current price target is an average from 11 analysts. New target price is approximately in line with last closing price of ₹1,743. Stock is up 125% over the past year.Price Target Changed • May 25Price target increased to ₹1,549Up from ₹1,436, the current price target is an average from 11 analysts. New target price is 8.1% below last closing price of ₹1,685. Stock is up 166% over the past year.Executive Departure • May 24Whole-Time Director has left the companyOn the 12th of May, Ajay Jaisinghani's tenure as Whole-Time Director ended after 6.7 years in the role. As of March 2021, Ajay personally held 20.61m shares (₹28b worth at the time). A total of 5 executives have left over the last 12 months.Executive Departure • May 24Whole-Time Director has left the companyOn the 12th of May, Shyam Bajaj's tenure in the role of Whole-Time Director ended. As of March 2021, Shyam personally held 16.21k shares (₹22m worth at the time). A total of 5 executives have left over the last 12 months.Executive Departure • May 24Non-Executive & Independent Director has left the companyOn the 12th of May, Hiroo Mirchandani's tenure as Non-Executive & Independent Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Hiroo's name. A total of 5 executives have left over the last 12 months.業績と収益の成長予測BSE:542652 - アナリストの将来予測と過去の財務データ ( )INR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/2029484,69443,47426,15740,973183/31/2028422,00938,19520,39634,442303/31/2027361,48732,7519,42726,399296/30/2026311,87528,64221,81035,605N/A3/31/2026288,83826,72023,30238,107N/A12/31/2025270,05126,25919,13031,440N/A9/30/2025245,95024,61811,23722,702N/A6/30/2025236,16322,16219,92730,948N/A3/31/2025224,08320,2008,38818,085N/A12/31/2024210,14418,3933,31813,875N/A9/30/2024201,28817,94612,54423,321N/A6/30/2024188,48117,8044,98914,867N/A3/31/2024180,39417,8404,37712,962N/A12/31/2023167,71216,6311,5699,056N/A9/30/2023161,45916,0811,2847,629N/A6/30/2023152,60614,5056,97512,248N/A3/31/2023141,07812,7089,48114,275N/A12/31/2022137,54111,67913,68220,103N/A9/30/2022134,10910,5676,87112,621N/A6/30/2022130,8519,840-1,6654,648N/A3/31/2022122,0388,365-1515,116N/A12/31/2021111,7657,837-9,286-4,849N/A9/30/2021105,5097,8093,3806,845N/A6/30/202196,7097,9285,9637,898N/A3/31/202187,9228,38010,58912,524N/A12/31/202079,7897,8269,57912,480N/A9/30/202077,3987,5754,9077,808N/A6/30/202078,5527,421-1,0791,822N/A3/31/202088,3007,591N/A2,443N/A12/31/201991,6426,855N/A12,509N/A9/30/201986,8176,601N/A7,252N/A6/30/201982,5175,574N/A13,796N/A3/31/201979,8564,997N/A12,300N/A12/31/201876,0245,367N/A10,614N/A3/31/201867,7033,580N/A3,624N/A3/31/201755,0012,327N/A2,964N/A3/31/201652,0241,848N/A2,208N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 542652の予測収益成長率 (年間13.9% ) は 貯蓄率 ( 6.9% ) を上回っています。収益対市場: 542652の収益 ( 13.9% ) Indian市場 ( 16.6% ) よりも低い成長が予測されています。高成長収益: 542652の収益は増加すると予測されていますが、大幅には増加しません。収益対市場: 542652の収益 ( 14.6% ) Indian市場 ( 11% ) よりも速いペースで成長すると予測されています。高い収益成長: 542652の収益 ( 14.6% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 542652の 自己資本利益率 は、3年後には高くなると予測されています ( 22.1 %)成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/11 14:13終値2026/08/11 00:00収益2026/06/30年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Polycab India Limited 31 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。45 アナリスト機関Kunal Sheth360 ONE Capital Market Private LimitedAshwin MehtaAmbit CapitalDhruv JainAmbit Capital42 その他のアナリストを表示
Price Target Changed • May 11Price target increased by 7.1% to ₹9,170Up from ₹8,565, the current price target is an average from 31 analysts. New target price is approximately in line with last closing price of ₹9,064. Stock is up 51% over the past year. The company is forecast to post earnings per share of ₹209 for next year compared to ₹178 last year.
Price Target Changed • Jul 21Price target increased by 7.5% to ₹7,398Up from ₹6,885, the current price target is an average from 30 analysts. New target price is 5.1% above last closing price of ₹7,040. Stock is up 12% over the past year. The company is forecast to post earnings per share of ₹168 for next year compared to ₹134 last year.
Price Target Changed • May 13Price target increased by 9.1% to ₹5,888Up from ₹5,398, the current price target is an average from 26 analysts. New target price is approximately in line with last closing price of ₹6,154. Stock is up 82% over the past year. The company is forecast to post earnings per share of ₹139 for next year compared to ₹119 last year.
Price Target Changed • Oct 19Price target increased by 9.6% to ₹5,213Up from ₹4,755, the current price target is an average from 25 analysts. New target price is approximately in line with last closing price of ₹5,294. Stock is up 100% over the past year. The company is forecast to post earnings per share of ₹121 for next year compared to ₹84.87 last year.
Price Target Changed • Jul 19Price target increased by 10% to ₹3,885Up from ₹3,526, the current price target is an average from 26 analysts. New target price is 9.8% below last closing price of ₹4,309. Stock is up 96% over the past year. The company is forecast to post earnings per share of ₹111 for next year compared to ₹84.87 last year.
Price Target Changed • May 16Price target increased by 8.5% to ₹3,344Up from ₹3,081, the current price target is an average from 25 analysts. New target price is approximately in line with last closing price of ₹3,427. Stock is up 32% over the past year. The company is forecast to post earnings per share of ₹95.89 for next year compared to ₹84.87 last year.
Reported Earnings • Jul 17First quarter 2027 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2027 results: EPS: ₹52.09 (up from ₹39.36 in 1Q 2026). Revenue: ₹82.1b (up 39% from 1Q 2026). Net income: ₹7.84b (up 33% from 1Q 2026). Profit margin: 9.6% (in line with 1Q 2026). Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 25% per year.
お知らせ • Jul 07Polycab India Limited to Report Q1, 2027 Results on Jul 16, 2026Polycab India Limited announced that they will report Q1, 2027 results on Jul 16, 2026
Declared Dividend • Jun 11Dividend increased to ₹47.00Dividend of ₹47.00 is 34% higher than last year. Ex-date: 19th June 2026 Payment date: 29th July 2026 Dividend yield will be 0.5%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 48% per year over the past 7 years and payments have been stable during that time. EPS is expected to grow by 49% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 10Polycab India Limited announces Annual dividend, payable on July 29, 2026Polycab India Limited announced Annual dividend of INR 47.0000 per share payable on July 29, 2026, ex-date on June 19, 2026 and record date on June 19, 2026.
お知らせ • Jun 01Polycab India Limited, Annual General Meeting, Jun 30, 2026Polycab India Limited, Annual General Meeting, Jun 30, 2026, at 09:00 Indian Standard Time.
Price Target Changed • May 11Price target increased by 7.1% to ₹9,170Up from ₹8,565, the current price target is an average from 31 analysts. New target price is approximately in line with last closing price of ₹9,064. Stock is up 51% over the past year. The company is forecast to post earnings per share of ₹209 for next year compared to ₹178 last year.
Reported Earnings • May 07Full year 2026 earnings: EPS in line with analyst expectations despite revenue beatFull year 2026 results: EPS: ₹178 (up from ₹134 in FY 2025). Revenue: ₹288.8b (up 29% from FY 2025). Net income: ₹26.7b (up 32% from FY 2025). Profit margin: 9.3% (up from 9.0% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 24Polycab India Limited to Report Q4, 2026 Results on May 06, 2026Polycab India Limited announced that they will report Q4, 2026 results at 12:08 PM, Indian Standard Time on May 06, 2026
Valuation Update With 7 Day Price Move • Mar 13Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹7,203, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 35x in the Electrical industry in India. Total returns to shareholders of 154% over the past three years.
お知らせ • Feb 17Polycab India Limited Appoints Gyan Pandey as Executive President and Chief Digital & Information Officer, Effective February 16, 2026Polycab India Limited has appointed Mr. Gyan Pandey as Executive President and Chief Digital & Information Officer effective February 16, 2026. Mr. Gyan Pandey, aged 57 years, has completed his Bachelor of Commerce (Hons.) from University of Calcutta and has obtained various management certifications from IIM-B and IIM-C. Mr. Gyan Pandey’s professional journey includes leadership roles across prominent organizations like Voltas, Aurobindo Pharma and Oracle. He is having more than 25 years of experience in Information and Technology and his work areas include driving enterprise-level digital strategies, IoT-led manufacturing initiatives, data-driven platforms, scalable AI/Gen AI adoption for business cases. He will oversee the functioning and initiatives of Digital, IT and cybersecurity functions.
Reported Earnings • Jan 17Third quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2026 results: EPS: ₹41.30 (up from ₹30.42 in 3Q 2025). Revenue: ₹76.4b (up 46% from 3Q 2025). Net income: ₹6.22b (up 36% from 3Q 2025). Profit margin: 8.1% (down from 8.8% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) missed analyst estimates by 6.2%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jan 05Polycab India Limited Appoints Shashi Amin as Director (Non-Board Member) and CEO - B2B Channel & Corporate Communication, Effective January 5, 2026Polycab India Limited appointed Mr. Shashi Amin as Director (Non-Board Member) and CEO - B2B Channel & Corporate Communication, effective from January 5, 2026. Mr. Shashi, aged 58 years, has completed his Bachelor of Technology (Electrical Power System) from Amravati University and Master’s in Marketing Management from Welingkar Institute of Management, Mumbai. Mr. Shashi professional journey includes leadership roles across prominent organizations like Apar Industries Limited, BICC Bahrain and Nicco Corporation Limited. Prior to Apar Industries Limited, Mr. Shashi was associated with Polycab India Limited (July 2011 to March 2022) as President and SBU Head Cables. He is having more than 37 years of experience in Sales & Marketing, Business development and P&L Management in cable industry. This appointment follows the resignation of Mr. Bhushan Sawhney (Executive President and Chief Business Officer - B2B) on February 3, 2025, due to personal reasons, with his cessation from the Company effective from May 2, 2025.
お知らせ • Jan 04Polycab India Limited to Report Q3, 2026 Results on Jan 16, 2026Polycab India Limited announced that they will report Q3, 2026 results on Jan 16, 2026
お知らせ • Oct 20+ 1 more updatePolycab India Limited Approves Executive ChangesPolycab India Limited at its meeting held on October 17, 2025, has approved the appointment of Mr. Niyant Maru as Executive President Finance, with effect from October 17, 2025. Following the resignation of Mr. Gandharv Tongia as Executive President Finance, effective from close of business hours on October 27, 2025. Mr. Maru, aged 62, holds a B.Com from the University of Gujarat (1984) and is a Chartered Accountant (1988). He brings 35 years of diverse experience across industries such as Cosmetics, Steel, Telecom, Hotels, Real Estate, Infrastructure, and Aviation. He spent approximately 28 years with the Tata Group, served as CFO of Tata SIA Airlines (Vistara) prior to its merger with Air India, and superannuated as Senior Vice President Finance at Air India Limited in May 2025.
Reported Earnings • Oct 19Second quarter 2026 earnings: EPS exceeds analyst expectationsSecond quarter 2026 results: EPS: ₹45.54 (up from ₹29.25 in 2Q 2025). Revenue: ₹64.8b (up 18% from 2Q 2025). Net income: ₹6.85b (up 56% from 2Q 2025). Profit margin: 11% (up from 8.0% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 13%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 03Polycab India Limited to Report Q2, 2026 Results on Oct 17, 2025Polycab India Limited announced that they will report Q2, 2026 results on Oct 17, 2025
Price Target Changed • Jul 21Price target increased by 7.5% to ₹7,398Up from ₹6,885, the current price target is an average from 30 analysts. New target price is 5.1% above last closing price of ₹7,040. Stock is up 12% over the past year. The company is forecast to post earnings per share of ₹168 for next year compared to ₹134 last year.
Reported Earnings • Jul 18First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: ₹39.36 (up from ₹26.35 in 1Q 2025). Revenue: ₹59.1b (up 26% from 1Q 2025). Net income: ₹5.92b (up 50% from 1Q 2025). Profit margin: 10.0% (up from 8.4% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jun 30Polycab India Limited to Report Q1, 2026 Results on Jul 17, 2025Polycab India Limited announced that they will report Q1, 2026 results on Jul 17, 2025
Upcoming Dividend • Jun 17Upcoming dividend of ₹35.00 per shareEligible shareholders must have bought the stock before 24 June 2025. Payment date: 31 July 2025. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.2%). Higher than average of industry peers (0.4%).
お知らせ • Jun 11Polycab India Limited announces Annual dividend, payable on July 31, 2025Polycab India Limited announced Annual dividend of INR 35.0000 per share payable on July 31, 2025, ex-date on June 24, 2025 and record date on June 24, 2025.
お知らせ • Jun 02Polycab India Limited, Annual General Meeting, Jul 01, 2025Polycab India Limited, Annual General Meeting, Jul 01, 2025, at 09:00 Indian Standard Time.
Reported Earnings • May 09Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: ₹134 (up from ₹119 in FY 2024). Revenue: ₹224.1b (up 24% from FY 2024). Net income: ₹20.2b (up 13% from FY 2024). Profit margin: 9.0% (in line with FY 2024). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 5.0%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 31% per year.
お知らせ • Apr 14Polycab India Limited to Report Q4, 2025 Results on May 06, 2025Polycab India Limited announced that they will report Q4, 2025 results on May 06, 2025
Valuation Update With 7 Day Price Move • Feb 27Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₹4,674, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 34x in the Electrical industry in India. Total returns to shareholders of 105% over the past three years.
お知らせ • Feb 03Polycab India Limited Announces Resignation of Bhushan Sawhney as Executive President and Chief Business Officer- B2b, Effective on or Before 2 May 2025Polycab India Limited announced resignation of Mr. Bhushan Sawhney as Executive President and Chief Business Officer- B2B due to personal reasons on 3 February, 2025. Date of cessation is on or before 2 May 2025.
Board Change • Feb 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Sumit Malhotra was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Jan 22+ 1 more updatePolycab India Limited Announces Rakesh Talati Steps Down from Post of Executive Director and Redesignates as Chief Sustainability OfficerPolycab India Limited announced that considering the roles & responsibilities as mutually agreed Mr. Rakesh Talati has stepped down from the post of Executive Director with effect from close of business hours of 21 January 2025, however, taking into consideration his expertise and based on recommendation of Nomination & Remuneration Committee, the Board of Directors at its meeting held on 22 January 2025 has redesignated him as Director - Sustainability (Non-Board Member) and Chief Sustainability Officer with effect from 22 January 2025.
お知らせ • Dec 27Polycab India Limited to Report Q3, 2025 Results on Jan 22, 2025Polycab India Limited announced that they will report Q3, 2025 results on Jan 22, 2025
Reported Earnings • Oct 18Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2025 results: EPS: ₹29.25 (up from ₹28.38 in 2Q 2024). Revenue: ₹55.7b (up 32% from 2Q 2024). Net income: ₹4.40b (up 3.3% from 2Q 2024). Profit margin: 7.9% (down from 10% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) missed analyst estimates by 1.0%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 03+ 1 more updatePolycab India Limited Appoints Hetal Shah as Executive President and Head - EPCPolycab India Limited informed that Mr. Hetal Shah has been appointed as Executive President and Head - EPC of the Company effective 03rd October 2024. Mr. Hetal Shah, aged 52 years, holds an MBA from the National Institute of Management. Mr. Shah brings 28 years of rich experience and expertise in Strategic Planning, business development and managing complex EPC projects across Government, PSU and large enterprise sectors. Prior to joining Polycab, he was working with Ved Vipas Consulting LLP as a partner where he was responsible for Strategic Advisory Services and played a key role in the successful execution of large-scale infrastructure projects.
お知らせ • Aug 02Polycab India Limited Announces Redesignation of Mr. Sanjeev Chhabra as Executive President and Chief Procurement OfficerPolycab India Limited announced Mr. Sanjeev Chhabra, redesignated as Executive President and Chief Procurement Officer. Reason for change: Change in roles and responsibilities. Date of Redesignated on August 1, 2024.
お知らせ • Jul 17Polycab India Limited Approves Dividend for the Year Ended March 31, 2024Polycab India Limited announced that at its AGM held on July 16, 2024, shareholders approved the dividend of 300% i.e. INR 30 per equity share of face value of INR 10 for the financial year ended March 31, 2024.
お知らせ • Jul 04Polycab India Limited to Report Q1, 2025 Results on Jul 18, 2024Polycab India Limited announced that they will report Q1, 2025 results on Jul 18, 2024
Upcoming Dividend • Jul 02Upcoming dividend of ₹30.00 per shareEligible shareholders must have bought the stock before 09 July 2024. Payment date: 15 August 2024. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.1%). Higher than average of industry peers (0.3%).
Reported Earnings • Jun 25Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: ₹119 (up from ₹84.93 in FY 2023). Revenue: ₹180.4b (up 28% from FY 2023). Net income: ₹17.8b (up 40% from FY 2023). Profit margin: 9.9% (in line with FY 2023). Revenue exceeded analyst estimates by 3.4%. Earnings per share (EPS) also surpassed analyst estimates by 5.1%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jun 15Polycab India Limited, Annual General Meeting, Jul 16, 2024Polycab India Limited, Annual General Meeting, Jul 16, 2024, at 09:00 Indian Standard Time.
お知らせ • Jun 13Polycab India Limited Announces Resignation of Sandeep Bhargava as Executive President and Chief Procurement OfficerPolycab India Limited announced resignation of Mr. Sandeep Bhargava, Executive President and Chief Procurement Officer of the company with effect from June 12, 2024 due to personal reasons.
Price Target Changed • May 13Price target increased by 9.1% to ₹5,888Up from ₹5,398, the current price target is an average from 26 analysts. New target price is approximately in line with last closing price of ₹6,154. Stock is up 82% over the past year. The company is forecast to post earnings per share of ₹139 for next year compared to ₹119 last year.
Reported Earnings • May 11Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: ₹119 (up from ₹84.87 in FY 2023). Revenue: ₹182.6b (up 29% from FY 2023). Net income: ₹17.8b (up 41% from FY 2023). Profit margin: 9.8% (in line with FY 2023). Revenue exceeded analyst estimates by 3.4%. Earnings per share (EPS) also surpassed analyst estimates by 5.1%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 11Polycab India Limited Recommends Dividend for the Financial Year 2023-24The board of directors of Polycab India Limited at its meeting held on May 10, 2024, considered and approved Recommendation of dividend @ 300% i.e. 30/- per equity share of face value of INR 10/- each for the financial year 2023-24 subject to approval of shareholders at the upcoming Annual General Meeting. The dividend, if approved by the shareholders in the upcoming Annual General Meeting will be paid on or before 30 days from the date of Annual General Meeting. The Book Closure and Record Date for dividend purpose will be intimated in due course.
お知らせ • Apr 28Polycab India Limited to Report Q4, 2024 Results on May 10, 2024Polycab India Limited announced that they will report Q4, 2024 results on May 10, 2024
お知らせ • Feb 12Polycab India Limited Announces the Resignation of Nilesh Malani from the Position of Chief Marketing Officer, Effective 13 February 2024Polycab India Limited announced the resignation of Mr. Nilesh Malani from the position of Chief Marketing Officer with effect from 13th February 2024 on account of exploring other career prospects.
Reported Earnings • Jan 19Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: ₹27.50 (up from ₹23.90 in 3Q 2023). Revenue: ₹44.1b (up 19% from 3Q 2023). Net income: ₹4.13b (up 15% from 3Q 2023). Profit margin: 9.4% (in line with 3Q 2023). Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) also missed analyst estimates by 2.8%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Jan 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (30% accrual ratio). Minor Risks Dividend is not well covered by cash flows (234% cash payout ratio). Share price has been volatile over the past 3 months (7.5% average weekly change).
Valuation Update With 7 Day Price Move • Jan 11Investor sentiment deteriorates as stock falls 28%After last week's 28% share price decline to ₹3,877, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 43x in the Electrical industry in India. Total returns to shareholders of 226% over the past three years.
お知らせ • Jan 05Polycab India Limited to Report Q3, 2024 Results on Jan 18, 2024Polycab India Limited announced that they will report Q3, 2024 results on Jan 18, 2024
お知らせ • Dec 05Polycab India Limited Announces Board ChangesPolycab India Limited announced that Mr. Rohit Kumar, (aged 56 years) President & Chief Business Officer (FMEG BU), resigned with effect from 04 December 2023, due to personal reasons and Mr. Anil Shipley, (aged 62 years) Executive President Strategic Projects, Electricals and Electronics, resigned with effect from 05 December 2023, due to personal reasons.
Price Target Changed • Oct 19Price target increased by 9.6% to ₹5,213Up from ₹4,755, the current price target is an average from 25 analysts. New target price is approximately in line with last closing price of ₹5,294. Stock is up 100% over the past year. The company is forecast to post earnings per share of ₹121 for next year compared to ₹84.87 last year.
Reported Earnings • Oct 19Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: ₹28.38 (up from ₹17.90 in 2Q 2023). Revenue: ₹42.5b (up 28% from 2Q 2023). Net income: ₹4.26b (up 59% from 2Q 2023). Profit margin: 10.0% (up from 8.0% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) also surpassed analyst estimates by 10%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 07Polycab India Limited to Report Q2, 2024 Results on Oct 18, 2023Polycab India Limited announced that they will report Q2, 2024 results on Oct 18, 2023
Price Target Changed • Jul 19Price target increased by 10% to ₹3,885Up from ₹3,526, the current price target is an average from 26 analysts. New target price is 9.8% below last closing price of ₹4,309. Stock is up 96% over the past year. The company is forecast to post earnings per share of ₹111 for next year compared to ₹84.87 last year.
Reported Earnings • Jul 19First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: ₹26.66 (up from ₹14.70 in 1Q 2023). Revenue: ₹39.5b (up 45% from 1Q 2023). Net income: ₹3.99b (up 82% from 1Q 2023). Profit margin: 10% (up from 8.0% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 25%. Earnings per share (EPS) also surpassed analyst estimates by 40%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 74% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jul 07Polycab India Limited to Report Q1, 2024 Results on Jul 18, 2023Polycab India Limited announced that they will report Q1, 2024 results on Jul 18, 2023
Upcoming Dividend • Jun 14Upcoming dividend of ₹20.00 per share at 0.6% yieldEligible shareholders must have bought the stock before 21 June 2023. Payment date: 28 July 2023. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.5%). In line with average of industry peers (0.5%).
お知らせ • Jun 09+ 3 more updatesPolycab India Limited to Report Q2, 2024 Results on Nov 14, 2023Polycab India Limited announced that they will report Q2, 2024 results on Nov 14, 2023
お知らせ • May 30Polycab India Limited, Annual General Meeting, Jun 30, 2023Polycab India Limited, Annual General Meeting, Jun 30, 2023, at 09:00 Indian Standard Time.
Price Target Changed • May 16Price target increased by 8.5% to ₹3,344Up from ₹3,081, the current price target is an average from 25 analysts. New target price is approximately in line with last closing price of ₹3,427. Stock is up 32% over the past year. The company is forecast to post earnings per share of ₹95.89 for next year compared to ₹84.87 last year.
Reported Earnings • May 13Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: ₹84.87 (up from ₹56.04 in FY 2022). Revenue: ₹142.4b (up 17% from FY 2022). Net income: ₹12.7b (up 52% from FY 2022). Profit margin: 8.9% (up from 6.9% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.6%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 70% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 13Polycab India Limited Recommends Dividend for the Financial Year 2022-2023Polycab India Limited recommended a dividend @ 200% i.e. INR 0.20 per equity share of face value of INR 10 each for the financial year 2022-23, subject to approval of shareholders at the upcoming annual general meeting. The dividend, if approved by the shareholders in the upcoming annual general meeting will be paid on or before 30 days from the date of annual general meeting. The book closure and record date for dividend purpose will be intimated in due course.
Board Change • Feb 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Additional Non-Executive Independent Director Manju Agarwal was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Jan 20Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: ₹23.89 (up from ₹16.52 in 3Q 2022). Revenue: ₹37.5b (up 11% from 3Q 2022). Net income: ₹3.58b (up 45% from 3Q 2022). Profit margin: 9.5% (up from 7.3% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 17%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jan 20Polycab India Limited Appoints Manju Agarwal as Additional (Non-Executive Independent) DirectorThe Board of Directors of Polycab India Limited at its meeting held on January 19, 2023, have considered and approved the appointment of Mrs. Manju Agarwal as an Additional (Non-executive Independent) Director of the Company for a term of 3 consecutive years commencing from 19 January 2023 to 18 January 2026. Mrs. Manju Agarwal has been a career banker with 34 years of experience in India's largest Bank, State Bank of India in leadership positions where she was responsible for Policy, Strategy, Business and Operations. Her core expertise and key achievements include Retail Banking, Financial Inclusion and Digital initiatives. She led SBI's partnership with Reliance Industries Limited to set up Jio Payment Bank Ltd. She had been the team lead which conceptualized and launched YONO, SBI's Digital Bank, Financial Superstore & online market place (one of its kind in the Industry). She headed SBI's Debit Card Strategy, Merchant Acquiring business, Government business and Transaction Banking Business. She also led SBI's Jan Dhan program during 2014 and was associated with setting up of SBI's Pension Fund Subsidiary in 2007. She is a Post Graduate from the University of Allahabad, 1978 and an Associate of the Indian Institute of Bankers, 1989. She is currently serving on the Board of several Listed Companies.
お知らせ • Jan 07Polycab India Limited to Report Q3, 2023 Results on Jan 19, 2023Polycab India Limited announced that they will report Q3, 2023 results on Jan 19, 2023
Price Target Changed • Oct 21Price target increased to ₹2,783Up from ₹2,574, the current price target is an average from 26 analysts. New target price is approximately in line with last closing price of ₹2,651. Stock is up 19% over the past year. The company is forecast to post earnings per share of ₹74.72 for next year compared to ₹56.04 last year.
Reported Earnings • Oct 19Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: ₹17.90. Net income: ₹2.68b (up ₹2.68b from 2Q 2022). Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates by 16%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 08Polycab India Limited to Report Q2, 2023 Results on Oct 18, 2022Polycab India Limited announced that they will report Q2, 2023 results at 12:08 PM, Indian Standard Time on Oct 18, 2022
Reported Earnings • Jul 20First quarter 2023 earnings: EPS and revenues miss analyst expectationsFirst quarter 2023 results: EPS: ₹14.70 (up from ₹4.96 in 1Q 2022). Revenue: ₹27.8b (up 48% from 1Q 2022). Net income: ₹2.20b (up 197% from 1Q 2022). Profit margin: 7.9% (up from 3.9% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 9.6%. Earnings per share (EPS) also missed analyst estimates by 24%. Over the next year, revenue is forecast to grow 8.5%, compared to a 21% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jul 12Polycab India Limited to Report Q1, 2023 Results on Jul 19, 2022Polycab India Limited announced that they will report Q1, 2023 results on Jul 19, 2022
Upcoming Dividend • Jun 14Upcoming dividend of ₹14.00 per shareEligible shareholders must have bought the stock before 21 June 2022. Payment date: 27 July 2022. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.8%). In line with average of industry peers (0.7%).
お知らせ • Jun 02Polycab India Limited, Annual General Meeting, Jun 29, 2022Polycab India Limited, Annual General Meeting, Jun 29, 2022, at 09:00 Indian Standard Time.
Reported Earnings • May 13Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: ₹56.04 (down from ₹59.20 in FY 2021). Revenue: ₹122.9b (up 38% from FY 2021). Net income: ₹8.37b (down 5.2% from FY 2021). Profit margin: 6.8% (down from 9.9% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.5%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Over the next year, revenue is forecast to grow 13%, compared to a 19% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 12Polycab India Limited Recommends Dividend for the Financial Year 2021-2022Polycab India Limited has recommended a dividend @ 140% that is INR 14/- per equity share of face value of INR 10/- each for the financial year 2021-22 subject to approval of shareholders at the upcoming Annual General Meeting. The dividend, if approved by the shareholders in the upcoming Annual General Meeting will be paid on or before 30 days from the date of Annual General Meeting.
Recent Insider Transactions • Feb 05Insider recently sold ₹1.3m worth of stockOn the 28th of January, Rashmikant Mehta sold around 500 shares on-market at roughly ₹2,539 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹49m. Insiders have been net sellers, collectively disposing of ₹152m more than they bought in the last 12 months.
Reported Earnings • Jan 24Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: ₹16.52 (down from ₹17.61 in 3Q 2021). Revenue: ₹33.7b (up 21% from 3Q 2021). Net income: ₹2.47b (down 6.0% from 3Q 2021). Profit margin: 7.3% (down from 9.4% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) also surpassed analyst estimates by 49%. Over the next year, revenue is forecast to grow 14%, compared to a 21% growth forecast for the industry in India.
Recent Insider Transactions • Jan 05Additional Whole-Time Director recently sold ₹49m worth of stockOn the 31st of December, Nikhil Jaisinghani sold around 20k shares on-market at roughly ₹2,447 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹2.3b more than they bought in the last 12 months.
お知らせ • Dec 31Polycab India Limited (NSEI:POLYCAB) acquired an additional 9% stake in Dowells Cable Accessories Private Limited for INR 21.8 million.Polycab India Limited (NSEI:POLYCAB) acquired an additional 9% stake in Dowells Cable Accessories Private Limited for INR 21.8 million on December 30, 2021. Polycab India Limited (NSEI:POLYCAB) completed the acquisition of an additional 9% stake in Dowells Cable Accessories Private Limited on December 30, 2021.
Recent Insider Transactions • Dec 07Insider recently sold ₹5.4m worth of stockOn the 30th of November, Bharat Shyamyani sold around 2k shares on-market at roughly ₹2,341 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹7.4m. Insiders have been net sellers, collectively disposing of ₹2.3b more than they bought in the last 12 months.
Recent Insider Transactions • Nov 12Insider recently sold ₹2.4m worth of stockOn the 9th of November, Chetan Deshmukh sold around 1k shares on-market at roughly ₹2,448 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹6.2m. Insiders have been net sellers, collectively disposing of ₹2.2b more than they bought in the last 12 months.
Price Target Changed • Oct 26Price target increased to ₹2,488Up from ₹2,285, the current price target is an average from 17 analysts. New target price is 8.2% above last closing price of ₹2,298. Stock is up 143% over the past year. The company is forecast to post earnings per share of ₹55.70 for next year compared to ₹59.20 last year.
Reported Earnings • Oct 23Second quarter 2022 earnings released: EPS ₹13.27 (vs ₹14.81 in 2Q 2021)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: ₹31.6b (up 49% from 2Q 2021). Net income: ₹1.98b (down 10% from 2Q 2021). Profit margin: 6.3% (down from 10% in 2Q 2021). The decrease in margin was driven by higher expenses.
Price Target Changed • Sep 14Price target increased to ₹2,142Up from ₹1,980, the current price target is an average from 17 analysts. New target price is 13% below last closing price of ₹2,461. Stock is up 175% over the past year.
Recent Insider Transactions • Sep 04Insider recently sold ₹2.2m worth of stockOn the 2nd of September, Shyam Bajaj sold around 1k shares on-market at roughly ₹2,200 per share. In the last 3 months, they made an even bigger sale worth ₹2.4m. Insiders have been net sellers, collectively disposing of ₹2.2b more than they bought in the last 12 months.
Valuation Update With 7 Day Price Move • Sep 02Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₹2,210, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 31x in the Electrical industry in India. Total returns to shareholders of 155% over the past year.
Reported Earnings • Jul 22First quarter 2022 earnings released: EPS ₹4.96 (vs ₹7.90 in 1Q 2021)The company reported a mediocre first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: ₹19.1b (up 95% from 1Q 2021). Net income: ₹739.9m (down 37% from 1Q 2021). Profit margin: 3.9% (down from 12% in 1Q 2021). The decrease in margin was driven by higher expenses.
Upcoming Dividend • Jul 05Upcoming dividend of ₹10.00 per shareEligible shareholders must have bought the stock before 12 July 2021. Payment date: 20 August 2021. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.6%). In line with average of industry peers (0.6%).
Recent Insider Transactions • Jun 25Insider recently sold ₹2.4m worth of stockOn the 23rd of June, Shyam Bajaj sold around 1k shares on-market at roughly ₹1,999 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹2.5b more than they bought in the last 12 months.
お知らせ • Jun 19Polycab India Limited (NSEI:POLYCAB) entered in an agreement to acquire Silvan Innovation Labs Pvt. Ltd. for approximately INR 180 million.Polycab India Limited (NSEI:POLYCAB) entered in an agreement to acquire Silvan Innovation Labs Pvt. Ltd. for approximately INR 180 million on June 18, 2021. The cost of acquisition is around INR 102 million for shares and around INR 80 million as additional funds infusion to discharge certain outstanding liabilities. Silvan will operate as a wholly owned subsidiary of PIL. The founders Giridhar Krishna, Mohan Gopalakrishna and Ajay Gupta will be continuing with PIL. As of December 2020 Silvan reported revenue of INR 34.3 million. The transaction is subject to fulfilment of certain conditions by both parties and is expected to close in one month.
Price Target Changed • Jun 08Price target increased to ₹1,734Up from ₹1,549, the current price target is an average from 11 analysts. New target price is approximately in line with last closing price of ₹1,743. Stock is up 125% over the past year.
Price Target Changed • May 25Price target increased to ₹1,549Up from ₹1,436, the current price target is an average from 11 analysts. New target price is 8.1% below last closing price of ₹1,685. Stock is up 166% over the past year.
Executive Departure • May 24Whole-Time Director has left the companyOn the 12th of May, Ajay Jaisinghani's tenure as Whole-Time Director ended after 6.7 years in the role. As of March 2021, Ajay personally held 20.61m shares (₹28b worth at the time). A total of 5 executives have left over the last 12 months.
Executive Departure • May 24Whole-Time Director has left the companyOn the 12th of May, Shyam Bajaj's tenure in the role of Whole-Time Director ended. As of March 2021, Shyam personally held 16.21k shares (₹22m worth at the time). A total of 5 executives have left over the last 12 months.
Executive Departure • May 24Non-Executive & Independent Director has left the companyOn the 12th of May, Hiroo Mirchandani's tenure as Non-Executive & Independent Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Hiroo's name. A total of 5 executives have left over the last 12 months.