Polycab India Ltd. (IN:POLYCAB)
:POLYCAB
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POLYCAB Stock Chart & Stats
₹8184.95
-₹258.25(-3.61%)
At close: 4:00 PM EST
₹8184.95
-₹258.25(-3.61%)
Day’s Range― - ―
52-Week Range₹5,450.00 - ₹8,724.35
Previous CloseN/A
Volume271.53K
Average Volume (3M)8.71K
Market Cap
₹1.21T
Enterprise Value₹1.21T
Total Cash (Recent Filing)₹31.31B
Total Debt (Recent Filing)₹2.37B
Price to Earnings (P/E)46.1
Beta1.31
Next Earnings
May 06, 2026EPS Estimate
48.99Next Dividend Ex-DateN/A
Dividend Yield0.46%
Share Statistics
EPS (TTM)41.19
Shares Outstanding150,557,140
10 Day Avg. Volume8,734
30 Day Avg. Volume8,706
Financial Highlights & Ratios
PEG Ratio2.94
Price to Book (P/B)7.84
Price to Sales (P/S)3.44
P/FCF Ratio91.83
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹9,275.00Price Target Upside13.32% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)208.05
Revenue Forecast (FY)₹339.67B
Bulls Say, Bears Say
Bulls Say
Conservative Balance SheetExtremely low leverage and a conservative balance sheet provide durable financial flexibility: the company can fund growth, absorb cyclical slowdowns, pursue bolt-on investments, and maintain operations without relying on external debt, sustaining long-term resilience.
Healthy Margins And ProfitabilitySustained gross and net margins indicate structural margin advantage from product mix and branding. Strong operating profitability (EBIT/EBITDA margins) supports reinvestment into channels and R&D, enabling durable earnings power even as volumes fluctuate.
Diversified Product Mix & DistributionA core wires business plus expanding FMEG and a multi-channel distribution network create cross-sell synergies and exposure across residential, commercial, industrial, and infrastructure end-markets; that diversification supports steadier medium-term revenue growth.
Bears Say
Inconsistent Free Cash Flow ConversionVolatile cash conversion undermines the durability of reported earnings: uneven FCF limits reliable funding for capex, dividends, or buybacks and increases reliance on working-capital management. A negative year shows the company can face material cash-pressure episodes.
Exposure To Commodity-driven Margin PressureStructural dependence on copper/aluminum exposes margins to commodity cycles. If the company cannot fully and quickly pass higher metal costs to end customers—particularly in competitive segments—sustained margin compression could occur over the medium term.
Rapid Asset Expansion Creates Execution RiskFast asset growth increases the requirement for disciplined capital allocation: if new capacity or working-capital investment is poorly timed or yields lower returns, the company’s high ROE and margins could erode, stressing cash conversion and future profitability.
Polycab India Ltd. News
POLYCAB FAQ
What was Polycab India Ltd.’s price range in the past 12 months?
Polycab India Ltd. lowest stock price was ₹5450.00 and its highest was ₹8724.35 in the past 12 months.
What is Polycab India Ltd.’s market cap?
Polycab India Ltd.’s market cap is ₹1.21T.
When is Polycab India Ltd.’s upcoming earnings report date?
Polycab India Ltd.’s upcoming earnings report date is May 06, 2026 which is in 8 days.
How were Polycab India Ltd.’s earnings last quarter?
Polycab India Ltd. released its earnings results on Jan 16, 2026. The company reported ₹41.19 earnings per share for the quarter, missing the consensus estimate of ₹42.197 by -₹1.007.
Is Polycab India Ltd. overvalued?
According to Wall Street analysts Polycab India Ltd.’s price is currently Undervalued.
Does Polycab India Ltd. pay dividends?
Polycab India Ltd. pays a Annually dividend of ₹35 which represents an annual dividend yield of 0.46%. See more information on Polycab India Ltd. dividends here
What is Polycab India Ltd.’s EPS estimate?
Polycab India Ltd.’s EPS estimate is 48.99.
How many shares outstanding does Polycab India Ltd. have?
Polycab India Ltd. has 150,557,140 shares outstanding.
What happened to Polycab India Ltd.’s price movement after its last earnings report?
Polycab India Ltd. reported an EPS of ₹41.19 in its last earnings report, missing expectations of ₹42.197. Following the earnings report the stock price went down -2.598%.
Which hedge fund is a major shareholder of Polycab India Ltd.?
Currently, no hedge funds are holding shares in IN:POLYCAB
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Polycab India Ltd.
Polycab India Limited manufactures and sells wires and cables under the POLYCAB brand in India and internationally. The company offers rubber cable, fire survival cables, and wires. It also provides ceiling, table, pedestal, wall, exhaust, farrata, and air circulated fans. In addition, the company provides lighting and luminaires, touch switches, modular plates, switches, and accessories, and switchgear consisting of isolators, MCB, RCCB, RCBO, DB, ACCL, and MCB changeover switches. Further, the company offers solar grid tie inverter, DC MCB, solar DC cable, and solar panels; UPVC conduit and concealed box; and self-priming monobloc, centrifugal monobloc, borewell submersible, domestic openwell submersible, and jet pumps, as well as submersible flat and round cables. Additionally, it provides water heaters, coolers, and iron appliances. Furthermore, the company engages in the design, engineering, supply, execution, and commissioning of power distribution, transmission, and rural electrification projects. It operates a distribution network of 3,464 authorized dealers and distributors; and 100,000 retail outlets. Polycab India Limited was incorporated in 1996 and is based in Mumbai, India.
POLYCAB Stock 12 Month Forecast
Average Price Target
₹9,275.00
▲(13.32% Upside)
Technical Analysis
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