Polycab India Limited

NSEI:POLYCAB Stock Report

Market Cap: ₹908.2b

Polycab India Balance Sheet Health

Financial Health criteria checks 6/6

Polycab India has a total shareholder equity of ₹91.5B and total debt of ₹1.3B, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are ₹135.7B and ₹44.2B respectively. Polycab India's EBIT is ₹24.1B making its interest coverage ratio 21.5. It has cash and short-term investments of ₹18.4B.

Key information

1.4%

Debt to equity ratio

₹1.33b

Debt

Interest coverage ratio21.5x
Cash₹18.36b
Equity₹91.49b
Total liabilities₹44.22b
Total assets₹135.71b

Recent financial health updates

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

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

Polycab India (NSE:POLYCAB) Has A Pretty Healthy Balance Sheet

May 11
Polycab India (NSE:POLYCAB) Has A Pretty Healthy Balance Sheet

Recent updates

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

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

Here's Why Polycab India (NSE:POLYCAB) Has Caught The Eye Of Investors

Sep 02
Here's Why Polycab India (NSE:POLYCAB) Has Caught The Eye Of Investors

Polycab India Limited's (NSE:POLYCAB) Business Is Yet to Catch Up With Its Share Price

Aug 15
Polycab India Limited's (NSE:POLYCAB) Business Is Yet to Catch Up With Its Share Price

We Think You Should Be Aware Of Some Concerning Factors In Polycab India's (NSE:POLYCAB) Earnings

Jul 27
We Think You Should Be Aware Of Some Concerning Factors In Polycab India's (NSE:POLYCAB) Earnings

Many Would Be Envious Of Polycab India's (NSE:POLYCAB) Excellent Returns On Capital

Jun 01
Many Would Be Envious Of Polycab India's (NSE:POLYCAB) Excellent Returns On Capital

Polycab India Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

May 13
Polycab India Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Polycab India (NSE:POLYCAB) Has A Pretty Healthy Balance Sheet

May 11
Polycab India (NSE:POLYCAB) Has A Pretty Healthy Balance Sheet

Should You Be Adding Polycab India (NSE:POLYCAB) To Your Watchlist Today?

Mar 26
Should You Be Adding Polycab India (NSE:POLYCAB) To Your Watchlist Today?

Financial Position Analysis

Short Term Liabilities: POLYCAB's short term assets (₹93.4B) exceed its short term liabilities (₹40.3B).

Long Term Liabilities: POLYCAB's short term assets (₹93.4B) exceed its long term liabilities (₹3.9B).

Debt to Equity History and Analysis

Debt Level: POLYCAB has more cash than its total debt.

Reducing Debt: POLYCAB's debt to equity ratio has reduced from 2.5% to 1.4% over the past 5 years.

Debt Coverage: POLYCAB's debt is well covered by operating cash flow (1047.1%).

Interest Coverage: POLYCAB's interest payments on its debt are well covered by EBIT (21.5x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/01 04:51
End of Day Share Price 2025/01/31 00:00
Earnings2024/12/31
Annual Earnings2024/03/31

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 here.

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 .

Analyst Sources

Polycab India Limited is covered by 41 analysts. 28 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Manish ValechaAnand Rathi Shares and Stock Brokers Limited
null nullAnand Rathi Shares and Stock Brokers Limited
null nullAsian Markets Securities Private Limited