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₹5,786.00 - ₹9,299.75
Previous CloseN/A
Volume271.53K
Average Volume (3M)8.71K
Market Cap
₹1.38T
Enterprise Value₹1.41T
Total Cash (Recent Filing)₹42.87B
Total Debt (Recent Filing)₹45.01B
Price to Earnings (P/E)38.5
Beta1.32
Next Earnings
Jul 21, 2026EPS Estimate
46.28Next Dividend Ex-DateN/A
Dividend Yield0.46%
Share Statistics
EPS (TTM)178.38
Shares Outstanding150,557,140
10 Day Avg. Volume8,734
30 Day Avg. Volume8,706
Financial Highlights & Ratios
PEG Ratio1.20
Price to Book (P/B)8.58
Price to Sales (P/S)3.57
P/FCF Ratio-128.55
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹9,796.33Price Target Upside19.69% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)213.5
Revenue Forecast (FY)₹348.62B
Bulls Say, Bears Say
Bulls Say
Multi-year Revenue ScalingSustained multi-year revenue growth demonstrates durable market demand and successful scaling of manufacturing and distribution. Growing top line across distinct end-markets (residential, commercial, industrial, infrastructure) supports long-term capacity utilization benefits and operating leverage.
Diversified Products & DistributionA diversified product mix (core wires/cables plus FMEG) and an extensive multi-channel dealer/distributor network create cross-sell opportunities, reduce reliance on any single end-market, and support resilient revenue streams across construction, retrofit, and project cycles over multiple quarters.
Strong & Stable Return On EquityHigh, consistent ROE indicates efficient capital allocation and sustained profitability. This level of return implies competitive advantages—brand, distribution, or manufacturing efficiency—that can underpin durable earnings power even as sales mix or commodity pressures fluctuate.
Bears Say
Weakening Cash GenerationA material deterioration in operating cash and a negative free cash flow year reduce financial flexibility to fund capex, working capital, or shareholder returns. If driven by structural working-capital build or sustained higher capex, this can persist and necessitate external financing, raising long-term risk.
Rising LeverageA sharp increase in borrowings after a period of very low leverage materially changes the capital structure, increasing interest expense and refinancing exposure. This reduces balance-sheet flexibility to withstand cyclical downturns in construction or commodity-driven margin shocks over the medium term.
Margin CompressionA notable gross-margin decline suggests input-cost pressure, pricing lag, or adverse product mix. Persistent margin compression would erode the company's historically healthy net margins and cash generation, undermining its ability to invest in growth or absorb cyclical shocks over coming quarters.
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 ₹5786.00 and its highest was ₹9299.75 in the past 12 months.
What is Polycab India Ltd.’s market cap?
Polycab India Ltd.’s market cap is ₹1.38T.
When is Polycab India Ltd.’s upcoming earnings report date?
Polycab India Ltd.’s upcoming earnings report date is Jul 21, 2026 which is in 62 days.
How were Polycab India Ltd.’s earnings last quarter?
Polycab India Ltd. released its earnings results on May 06, 2026. The company reported ₹51.4 earnings per share for the quarter, beating the consensus estimate of ₹48.991 by ₹2.409.
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 46.28.
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 ₹51.4 in its last earnings report, beating expectations of ₹48.991. Following the earnings report the stock price went up 0.941%.
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
₹9,796.33
▲(19.69% Upside)
Technical Analysis
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