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POLYCAB
Polycab India Limited – NSE
“Patience reduces risk more reliably than prediction.”
Weekly Share Price & Valuation Overview
Market Overview
Open
7230.0000
Close
7324.5000
High
7384.5000
Low
7230.0000
Trend
0.75134

Polycab India Limited

India • NSE - National Stock Exchange of India • POLYCAB • Currency: INR

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. The Fast Moving Electrical Goods segment offers ceiling, table, pedestal, wall, exhaust, farrata, and air circulated fans; LED lighting and luminaires, such as LED Bulb, downlight, panel light, led batten, outdoor lights, and rope and strip lights; water heaters; switches and accessories; switchgears consisting of isolators, MCB, RCCB, RCBO, distribution board, ACCL, and MCB changeover switches; solar products, including solar panel and invertors; and pumps, conduits, and domestic appliances. The EPC segment designs, engineers, and supplies materials; and engages in the survey, execution, and commissioning of turn-key power distribution, transmission, and rural electrification projects. The company provides coolers and iron appliances. It operates a distribution network through authorized dealers and distributors, and retail outlets. The company was founded in 1964 and is based in Mumbai, India.

Key strengths
  • ROE ≥15% reflects strong returns on shareholder equity.
  • ROA ≥7% shows efficient use of assets.
  • Revenue growth ≥10% indicates solid top-line momentum.
  • Earnings growth ≥10% supports improving profitability trajectory.
  • Quick ratio ≥1.0 indicates obligations can be met without inventory.
  • Net cash balance sheet provides flexibility for downturns and investment.
Scale & Structure Core size and share structure. TTM values unless noted. “Estimated” where reconciled from per-share × shares.
Market Cap Total equity value of the company (share price × shares outstanding).
INR 1.08T
Enterprise Value Operating value: market cap + total debt − cash.
INR 1.08T
Total Revenue (TTM) Sales over the last twelve months. May be estimated from revenue per share when inconsistent.
INR 236.16B
Gross Profit (TTM) Revenue minus cost of goods sold over the last twelve months. Hidden for financial institutions or if redundant.
INR 59.71B
EBITDA (TTM) Earnings before interest, taxes, depreciation and amortization (TTM). Hidden for financials or if implausible.
INR 32.11B
Revenue per Share (TTM) Total revenue divided by shares outstanding (may be estimated).
INR 1.57K
EPS (TTM) Earnings per share over the last twelve months (may be estimated from net income ÷ shares).
146.49
Shares Outstanding
150.51M
Float Shares
45.89M
Implied Shares Outstanding
150.64M
Profitability & Efficiency TTM basis. “Reconciled” = numerator ÷ TTM revenue. Margins reflect latest TTM calculations.
Operating Margin (TTM) Operating income ÷ revenue over the last twelve months (reconciled when possible).
13.07%
EBITDA Margin (TTM) Reconciled EBITDA ÷ revenue over the last twelve months (suppressed if EBITDA implausible/financials).
13.59%
Gross Margin (TTM) Reconciled Gross profit ÷ revenue over the last twelve months (reconciled when possible).
25.28%
Profit Margin (TTM) Net income ÷ revenue over the last twelve months (reconciled when possible).
9.38%
ROA Strong Return on assets: net income ÷ total assets.
12.97%
ROE Excellent Return on equity: net income ÷ shareholder equity.
23.41%
Growth Growth rates are YoY unless labeled QoQ.
Revenue Growth Strong Year-over-year revenue growth.
25.70%
Earnings Growth (YoY) Strong Year-over-year earnings growth.
49.30%
Earnings Growth (QoQ) Quarter-over-quarter earnings growth.
49.50%
Liquidity & Solvency Balance-sheet health. Debt metrics shown as latest ratios; D/E is a ratio (not %).
Quick Ratio Adequate Liquid current assets ÷ current liabilities (ex-inventory).
1.14
Debt to Equity Total debt ÷ shareholder equity; leverage.
1.95
Total Cash Cash and equivalents.
INR 29.61B
Total Debt Short + long-term interest-bearing debt.
INR 2.05B
Net Debt Net Cash Total debt − cash (negative = net cash).
INR -27.56B
Debt / EBITDA Leverage relative to operating earnings; lower is safer.
0.06
Cash Flow Shown only when internally consistent; margins are TTM.
Operating Cash Flow (TTM) Cash generated by core operations (pre-capex).
INR 30.95B
Free Cash Flow (TTM) Cash after capex; funds buybacks, dividends, and debt paydown.
INR 17.42B
OCF Margin (TTM) Operating cash flow ÷ revenue (TTM).
13.10%
FCF Margin (TTM) Free cash flow ÷ revenue (TTM).
7.38%
Cash Conversion (OpCF/EBITDA)
0.96
Sharemaestro House View
Confidence: 3 Sharemaestro internal conviction (0–3, higher is better). Risk: 1 Sharemaestro internal risk profile (0–3, higher is safer). Operational: 2 Operational quality/consistency (0–3, higher is better). Composite Score: 3 Overall internal composite (0–3, higher is better). Suggested Allocation: 5.00% Indicative portfolio weighting suggestion based on house view.
Structural Insights (experimental)
Ownership & Liquidity
Free Float Proportion of shares available for public trading. 30.5%
Insiders Shares held by company insiders (officers, directors). 66.5%
Institutions Shares held by institutions (funds, pensions). 16.2%
Capital Structure
Potential Dilution Increase in share count if options/convertibles exercise.
0.1%
Net Debt Total debt − cash (negative = net cash).
INR -27.56B
-11.7% of revenue Net debt relative to revenue — debt load vs business scale.
Resilience Score 0–100 composite of liquidity, leverage and cash conversion; higher is better. If inputs are unavailable, we estimate using proxies (Net debt vs revenue, Cash-to-Debt). It is a guide, not a rating. 80
Methodology Notes
  • Dividend Yield suppressed due to an anomalous value from the feed (>30%).
  • Margins shown on a TTM basis. “Reconciled” = numerator ÷ TTM revenue for internal consistency.
  • Cash Flow section is displayed only when figures are self-consistent (and hidden for financials).
As of: 2025-09-09 22:56

Disclaimer: Information is compiled from publicly available sources and is subject to errors and omissions. It is provided as a guide only and does not constitute investment advice. Please do your own research.

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