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Polycab India LimitedNSEI:POLYCAB Stock Report

Market Cap ₹1.1t
Share Price
₹7.23k
My Fair Value
₹8k
4.4% undervalued intrinsic discount
1Y9.2%
7D1.9%
Portfolio Value
View

Polycab India Limited

NSEI:POLYCAB Stock Report

Market Cap: ₹1.1t

Polycab India (POLYCAB) Stock Overview

Manufactures and sells wires and cables under the POLYCAB brand in India and internationally. More details

POLYCAB fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance4/6
Financial Health6/6
Dividends3/6

Rewards

Risk Analysis

No risks detected for POLYCAB from our risk checks.

POLYCAB Community Fair Values

Create Narrative

See what 45 others think this stock is worth. Follow their fair value or set your own to get alerts.

₹5.28k
FV
36.8% overvalued intrinsic discount
12.07%
Revenue growth p.a.
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about 2 months ago author updated this narrative

Polycab India Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Polycab India
Historical stock prices
Current Share Price₹7,228.00
52 Week High₹7,605.00
52 Week Low₹4,555.00
Beta0.46
1 Month Change5.90%
3 Month Change18.33%
1 Year Change9.17%
3 Year Change185.84%
5 Year Change753.21%
Change since IPO1,003.85%

Recent News & Updates

Recent updates

We Ran A Stock Scan For Earnings Growth And Polycab India (NSE:POLYCAB) Passed With Ease

Aug 18
We Ran A Stock Scan For Earnings Growth And Polycab India (NSE:POLYCAB) Passed With Ease

Is Polycab India (NSE:POLYCAB) A Risky Investment?

Aug 04
Is Polycab India (NSE:POLYCAB) A Risky Investment?

Earnings Beat: Polycab India Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Jul 20
Earnings Beat: Polycab India Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Polycab India Limited's (NSE:POLYCAB) Share Price Could Signal Some Risk

Jul 17
Polycab India Limited's (NSE:POLYCAB) Share Price Could Signal Some Risk

Investors Shouldn't Overlook The Favourable Returns On Capital At Polycab India (NSE:POLYCAB)

Jul 04
Investors Shouldn't Overlook The Favourable Returns On Capital At Polycab India (NSE:POLYCAB)

Polycab India Limited (NSE:POLYCAB) Just Released Its Yearly Results And Analysts Are Updating Their Estimates

May 10
Polycab India Limited (NSE:POLYCAB) Just Released Its Yearly Results And Analysts Are Updating Their Estimates

These 4 Measures Indicate That Polycab India (NSE:POLYCAB) Is Using Debt Reasonably Well

Apr 08
These 4 Measures Indicate That Polycab India (NSE:POLYCAB) Is Using Debt Reasonably Well

Here's What Polycab India's (NSE:POLYCAB) Strong Returns On Capital Mean

Mar 26
Here's What Polycab India's (NSE:POLYCAB) Strong Returns On Capital Mean

If EPS Growth Is Important To You, Polycab India (NSE:POLYCAB) Presents An Opportunity

Mar 13
If EPS Growth Is Important To You, Polycab India (NSE:POLYCAB) Presents An Opportunity

Polycab India Limited's (NSE:POLYCAB) Share Price Not Quite Adding Up

Feb 12
Polycab India Limited's (NSE:POLYCAB) Share Price Not Quite Adding Up

Polycab India's (NSE:POLYCAB) Solid Earnings May Rest On Weak Foundations

Jan 30
Polycab India's (NSE:POLYCAB) Solid Earnings May Rest On Weak Foundations

Analysts Have Made A Financial Statement On Polycab India Limited's (NSE:POLYCAB) Third-Quarter Report

Jan 25
Analysts Have Made A Financial Statement On Polycab India Limited's (NSE:POLYCAB) Third-Quarter Report

With EPS Growth And More, Polycab India (NSE:POLYCAB) Makes An Interesting Case

Dec 06
With EPS Growth And More, Polycab India (NSE:POLYCAB) Makes An Interesting Case
User avatar

Strong Global Expansion And Indian Market Boom Propel Revenue Growth

Strong revenue growth anticipated due to increased market demand and operational readiness, with plans to hit revenue targets ahead of schedule.

Does Polycab India (NSE:POLYCAB) Have A Healthy Balance Sheet?

Nov 04
Does Polycab India (NSE:POLYCAB) Have A Healthy Balance Sheet?

Here's What Analysts Are Forecasting For Polycab India Limited (NSE:POLYCAB) After Its Half-Yearly Results

Oct 20
Here's What Analysts Are Forecasting For Polycab India Limited (NSE:POLYCAB) After Its Half-Yearly Results

Polycab India (NSE:POLYCAB) Knows How To Allocate Capital

Sep 17
Polycab India (NSE:POLYCAB) Knows How To Allocate Capital

Shareholder Returns

POLYCABIN ElectricalIN Market
7D1.9%2.9%1.4%
1Y9.2%-8.4%-7.2%

Return vs Industry: POLYCAB exceeded the Indian Electrical industry which returned -8.4% over the past year.

Return vs Market: POLYCAB exceeded the Indian Market which returned -7.2% over the past year.

Price Volatility

Is POLYCAB's price volatile compared to industry and market?
POLYCAB volatility
POLYCAB Average Weekly Movement3.1%
Electrical Industry Average Movement5.2%
Market Average Movement5.2%
10% most volatile stocks in IN Market7.9%
10% least volatile stocks in IN Market3.3%

Stable Share Price: POLYCAB has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: POLYCAB's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19644,843Inder Jaisinghaniwww.polycab.com

Polycab India Limited manufactures and sells wires and cables under the POLYCAB brand in India and internationally. The company operates through three segments: Wires and Cables; Fast Moving Electrical Goods (FMEG); and Engineering, Procurement and Construction (EPC). The Wires and Cables segment provides wires, such as PolycabSuprema house wires, PolycabMaxima+ Green wire, PolycabPrimma house wires, ETIRA house wires, PolycabOptima+, GREENWIRE 180m, and POLYCAB LF FR 180m; and cables, such as control, rubber, defense, special, fire protection, marine offshore/onshore, domestic appliance and lighting, aerial bunched, industrial, high temperature, LV power, MV power, EHV power, communication and data, and instrumentation.

Polycab India Limited Fundamentals Summary

How do Polycab India's earnings and revenue compare to its market cap?
POLYCAB fundamental statistics
Market cap₹1.09t
Earnings (TTM)₹22.16b
Revenue (TTM)₹236.16b
49.1x
P/E Ratio
4.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
POLYCAB income statement (TTM)
Revenue₹236.16b
Cost of Revenue₹176.46b
Gross Profit₹59.71b
Other Expenses₹37.55b
Earnings₹22.16b

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)147.22
Gross Margin25.28%
Net Profit Margin9.38%
Debt/Equity Ratio1.0%

How did POLYCAB perform over the long term?

See historical performance and comparison

Dividends

0.5%
Current Dividend Yield
24%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/09/05 11:24
End of Day Share Price 2025/09/05 00:00
Earnings2025/06/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Polycab India Limited is covered by 45 analysts. 30 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Dhruv JainAmbit Capital
Ashwin MehtaAmbit Capital
Manish ValechaAnand Rathi Shares and Stock Brokers Limited