POLYCAB

Polycab India Ltd.

NSE: POLYCAB

BSE: 542652

Sector: Capital Goods

Industry Group: Industrial Products

Industry: Cables - Electricals

9,595.00-40.0 (-0.42%)

3 Jul, 1:59 PM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

95.8 / 100

Value Score

20.4 / 100

Price Momentum Score

92.9 / 100

QVM Score

88.1 / 100

Key Metrics

Market Cap

1,45,111 Cr

P/E (TTM)

54.31

P/B

12.08

P/S (TTM)

5.02

EV/EBITDA

36.21

CAPE (5Y)

84.57

ROE (TTM)

24.38

ROCE (TTM)

25.73

ROA (TTM)

15.60

Avg 3Y ROE

23.55

Earnings 3Y CAGR

27.88

Sales 3Y CAGR

26.98

Sales 5Y CAGR

26.47

Debt/Equity

0.37

Consensus TP

9478.50

Strong Buy %

25.81

Promoter Holding

61.50

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Polycab India Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Strong price momentum

Price Momentum score of 92.9 indicates that the stock has strong price momentum. Research has shown that stocks with higher momentum continue to outperform in the near term

What is Price Momentum score?

92.9 / 100

Analysts have been raising forward EPS estimates

Analyst EPS estimate (consensus) for forward EPS has increased by 1.26% in the last 3 months, indicating earnings momentum

What is Earnings upgrade (3M)?

High and improving ROE

The company reported strong ROE of 24.38% for 12-month ended 31 Mar 2026 and ROE improved by 210 bps from 1 year ago

What is ROE (FY)?

Strong revenue growth and above median growth of industry

The company delivered strong revenue growth of 28.9% for 12-month ended 31 Mar 2026 and the growth was 5.16 percentage points higher than median growth of industry

What is Sales growth (1Y)?

Median: 23.74

Value 28.9

-7.7198.63

Strong EPS growth and above median growth of industry

The company delivered strong EPS growth of 32.25% for 12-month ended 31 Mar 2026 and the growth was 2.34 percentage points higher than median growth of industry

What is EPS growth (1Y)?

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.37 as on 31 Mar 2026 and Debt to Equity increased marginally by 0.22 in the last 1 year

What is Debt to Equity?

Consistently pays dividend

The company has not missed dividend payments once in the last 5 financial years

What is Dividend streak?

Company is net cash

The company is net cash i.e., cash and cash equivalents exceed total debt indicating a healthy balance sheet

What is Net Debt ?

Negative

Expensive and at a premium to industry median P/E

PE TTM of 54.31 indicates that the stock is expensive on a standalone basis and is at a 124.33% premium to industry median P/E

What is P/E Ratio?

Median: 24.21

Value 54.31

11.3255

Low dividend yield

The company has a low dividend yield of 0.36%

What is Dividend yield?

Neutral

Moderate and stable operating margin

The company reported moderate operating margin of 12.53% for 12-month ended 31 Mar 2026 and operating margin improved marginally by 60 bps from 1 year ago

What is Operating profit margin?

Company's earnings are of moderate quality

Earnings quality score of 69.0 indicates that the company's earnings are of moderate quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

69.0 / 100

Financial Snapshot

See detailed analysis

Multi-year trends for Polycab India Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Polycab India Ltd. Shareholding Pattern

Quarterly breakdown of Polycab India Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Total Promoter	68.58	68.55	68.53	68.44	68.42	68.40	68.36	68.15	68.08	67.99	67.97	66.61	66.20	65.99	65.91	65.79	65.24	65.02	63.06	63.05	63.04	63.01	61.52	61.50	61.50
Indian Promoter	68.58	68.55	68.53	68.44	68.42	68.40	68.36	68.15	68.08	67.99	67.97	66.61	66.20	65.99	65.91	65.79	65.24	65.02	63.06	63.05	63.04	63.01	61.52	61.50	61.50
Foreign Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	18.12	17.43	18.32	17.26	16.29	15.31	15.67	15.09	14.93	14.74	16.79	18.24	19.12	19.40	20.50	21.03	19.18	20.56	22.83	23.41	22.04	23.03	25.65	25.93	26.17
Mutual Funds / UTI	2.82	2.58	2.08	4.01	6.64	7.81	7.95	7.71	8.17	7.98	7.31	7.25	6.65	7.03	6.06	5.32	5.45	5.26	7.68	8.67	8.28	8.82	8.90	8.18	5.23
FI/Bank/Insurance	0.04	0.04	0.00	0.00	0.00	0.00	0.00	0.15	0.14	0.13	1.52	1.27	1.13	1.09	0.66	1.05	0.65	0.79	0.99	1.33	1.98	2.30	2.28	2.41	2.33
Govt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	4.89	4.51	6.12	6.97	6.38	6.51	6.89	6.43	5.75	5.71	6.44	8.11	9.77	9.65	12.40	13.40	11.95	13.62	13.49	12.75	11.11	11.45	13.96	14.82	18.21
Other Institutions	10.37	10.29	10.13	6.27	3.27	0.99	0.83	0.80	0.87	0.92	1.52	1.59	1.57	1.64	1.37	1.25	1.14	0.89	0.68	0.65	0.67	0.47	0.50	0.52	0.39
Non-Institution	13.30	14.02	13.14	14.30	15.29	16.29	15.97	16.77	16.98	17.27	15.23	15.15	14.67	14.61	13.59	13.18	15.58	14.42	14.11	13.54	14.91	13.96	12.85	12.57	12.34
Bodies Corporate	0.90	0.71	0.48	0.66	0.62	0.97	0.95	1.00	1.04	1.04	0.98	1.04	0.99	1.01	0.82	0.59	0.85	0.74	0.67	0.62	0.87	0.57	0.45	0.43	0.40
Others (incl. Retail) No. of shareholders	12.40 1,04,324	13.31 1,27,597	12.66 1,30,965	13.64 1,29,369	14.67 1,35,520	15.32 1,72,676	15.02 2,58,927	15.77 3,02,422	15.94 3,21,941	16.23 3,27,606	14.25 3,24,790	14.11 3,22,504	13.68 3,12,042	13.60 3,07,023	12.77 3,15,147	12.59 3,35,096	14.73 4,21,245	13.68 3,82,746	13.44 3,82,380	12.92 3,72,141	14.04 4,25,178	13.39 3,95,370	12.40 3,68,253	12.14 3,59,891	11.94 3,60,172

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

#	Index	Weight	Rank
1	SHI: Cables - Electricals	14.97%	2 / 10
2	Nifty 200 Quality 30	3.1%	19 / 30
3	Nifty Alpha 50	2.66%	10 / 50
4	Nifty Midcap 50	2.24%	15 / 50
5	Nifty Midcap 150 Momentum 50	1.84%	23 / 50
6	Nifty Midcap 100	1.5%	16 / 100
7	Nifty Midcap 150	1.25%	16 / 149
8	NIFTY Large Midcap 250	0.65%	32 / 250
9	Nifty 500	0.26%	86 / 499
10	Nifty Total Market	0.25%	86 / 749

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Polycab India Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
Amit Duhlani Immediate Relative	December-2024	Market Sale (Disposal) 20th Dec 2024	0.30 %	₹ 7,449.60	45.00 k	₹ 33.52 cr
Amit Duhlani Immediate Relative	December-2024	Market Sale (Disposal) 5th Dec 2024	0.34 %	₹ 7,130.72	50.00 k	₹ 35.65 cr
Ajay Jaisinghani Promoter	February-2022	Off Market (Disposal) 15th Feb 2022	12.95 %	₹ 0.00	3.25 k	₹ 0.00
Girdhari Jaisinghani Promoter	February-2022	Inter-se Transfer (Disposal) 15th Feb 2022	10.17 %	₹ 0.00	10.74 k	₹ 0.00
Inder Jaisinghani Promoter	February-2022	Off Market (Disposal) 15th Feb 2022	12.98 %	₹ 0.00	21.00 k	₹ 0.00
Rashmikant Mehta Employee	February-2022	Market Sale (Disposal) 2nd Feb 2022	0.00 %	₹ 2,538.84	500.00	₹ 12.69 lac
Nikhil R. Jaisinghani Promoter Group	January-2022	Market Sale (Disposal) 4th Jan 2022	3.66 %	₹ 2,446.65	20.00 k	₹ 4.89 cr
Malay Parikh Employee	January-2022	Market Sale (Disposal) 3rd Jan 2022	0.00 %	₹ 2,600.00	200.00	₹ 5.20 lac
Malay Parikh Employee	January-2022	Market Sale (Disposal) 3rd Jan 2022	0.00 %	₹ 2,293.00	800.00	₹ 18.34 lac
Chetan Deshmukh Employee	January-2022	Market Sale (Disposal) 3rd Jan 2022	0.00 %	₹ 2,445.00	150.00	₹ 3.67 lac

…

Corporate Actions

History of Polycab India Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 47/share
Record date: 19th Jun 2026Ex-date: 19th Jun 2026
Announced on: 6th May 2026
Dividend₹ 35/share
Record date: 24th Jun 2025Ex-date: 24th Jun 2025
Announced on: 6th May 2025
Dividend₹ 30/share
Record date: 9th Jul 2024Ex-date: 9th Jul 2024
Announced on: 10th May 2024
Dividend₹ 20/share
Record date: 21st Jun 2023Ex-date: 21st Jun 2023
Announced on: 12th May 2023
Dividend₹ 14/share
Record date: 22nd Jun 2022Ex-date: 21st Jun 2022
Announced on: 10th May 2022

Company Profile

Overview of Polycab India Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Polycab India Limited is a manufacturer of wires and cables. It is engaged in fast-moving electrical goods (FMEG). Its segment includes Wires and cables, FMEG, and Other. Wire and cable segment is engaged in the manufacturing and selling of wires and cables. FMEG segment is engaged in fans, light-em...

Key personnel

Mr. Niyant Maru

Chief Financial Officer, Executive Vice President - Finance

Mr. Anurag Agarwal

Chief Executive Officer - Global Exports and New Businesses (EHV and Conductor)

Mr. Ritesh Arora

President - Chief Digital Officer

Mr. Diwaker Bharadwaj

President - Automation, Serialization, Packaging and Brand Protection

Mr. Rishikesh Rajurkar

President - Projects

Mr. Ashish Kakkar

Executive President, Chief Human Resources Officer

Mr. Gyan Pandey

Executive Vice President, Chief Digital & Information Officer

Ms. Manita Carmen Albert Gonsalves

Company Secretary and Vice President - Legal

View all

Incorporated on

10 Jan 1996

Last Annual

31 Mar 2026

Last Interim

31 Mar 2026

No. of Employees

5,630

IPO date

16 Apr 2019

Free Float

5,31,28,417

Website

https://polycab.com/

Phone no.

+912224327070

Address

#29, The Ruby, 21st Floor,, Senapati Bapat Marg, Tulsi Pipe Road,, Dadar (West),, MUMBAI, 400028, India

Frequently Asked Questions

What is the current share price of Polycab India Ltd.?

The current share price of Polycab India Ltd. is ₹ 9,595.00 as of 3 Jul 2026.

What is the market capitalisation of Polycab India Ltd.?

The market capitalisation of Polycab India Ltd. stands at ₹ 1,45,111.00 Cr.

What is the PE ratio of Polycab India Ltd.?

The Price-to-Earnings (PE) ratio of Polycab India Ltd. is 54.31 as of the latest trailing twelve months data.

What is the ROE and ROCE of Polycab India Ltd.?

Polycab India Ltd. has a Return on Equity (ROE) of 24.38% and a Return on Capital Employed (ROCE) of 25.73% as per the latest financial reports.

What is the 52-week high and low of Polycab India Ltd.?

The 52-week high of Polycab India Ltd. is - and the 52-week low is -.

What is the dividend yield of Polycab India Ltd.?

The dividend yield of Polycab India Ltd. is 0.36% based on the current market price.

What is the FII and DII holding in Polycab India Ltd.?

Foreign Institutional Investors (FII) hold 18.21%, Domestic Institutional Investors (DII) hold 7.56% and retail/public investors hold 11.94% of Polycab India Ltd. shares.

What sector does Polycab India Ltd. belong to?

Polycab India Ltd. operates in the Capital Goods sector. 67.74% of analysts have a Buy or Strong Buy rating on Polycab India Ltd. with a consensus target price of ₹ 9,478.50, implying 1.62% downside from current levels.

What is the beta of Polycab India Ltd.?

The beta of Polycab India Ltd. is 1.11, indicating its price volatility relative to the broader market. Over the past 1 year, Polycab India Ltd. has delivered an absolute return of 51.89%.

What is the RSI of Polycab India Ltd.?

The 14-day Relative Strength Index (RSI) of Polycab India Ltd. is 51.71, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Polycab India Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Polycab India Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Holdings and Presence

Corporate Actions

Company Profile