Polycab India (POLYCAB.NS) Stock Price

Polycab India Price

NSE·CLOSED
9,218.00INR-97.00 (-1.05 %)
Market closed

Revenue has compounded at 17.0% per year over the past 11 years to 224.08 B INR. Earnings per share have grown at 32.0% per year over the last 11 years. Polycab India's net margin stands at 9.0%, broadly stable from 9.9% several years earlier. Polycab India currently offers a dividend yield of about 0.38%. The payout ratio is around 26% of earnings. The dividend has grown at 50.6% per year over the past 6 years. Analysts set a median price target of 9,078.00 INR, implying 1.5% below the current price. Of 35 analysts, 27 rate the stock a buy — an overall Buy consensus. The stock trades about 37% above its 52-week low.

Polycab India stock price

Volume
Ex-Dividend
Details

Stock Price

ⓘ

How to Read This Chart

This chart tracks the historical stock price of Polycab India over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Polycab India stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Polycab India's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Polycab India Stock Price History
DatePolycab India Price
8/7/20269,218.00 INR
8/6/20269,315.00 INR
8/5/20269,200.00 INR
8/4/20269,198.50 INR
7/31/20269,106.50 INR
7/30/20268,945.50 INR
7/28/20269,076.00 INR
7/24/20268,907.50 INR
7/23/20268,924.00 INR
7/22/20269,090.50 INR
7/21/20268,903.50 INR
7/20/20268,885.00 INR
7/17/20268,862.00 INR
7/16/20269,215.00 INR
7/15/20269,324.50 INR
7/14/20269,532.50 INR
7/13/20269,306.50 INR
7/10/20269,210.50 INR
7/9/20269,074.00 INR
7/8/20269,234.00 INR
7/7/20269,401.00 INR
7/6/20269,584.00 INR
7/3/20269,557.00 INR
7/2/20269,635.00 INR
7/1/20269,713.50 INR
6/30/20269,961.00 INR
6/29/20269,779.00 INR
6/25/20269,531.00 INR
6/24/20269,692.50 INR
6/23/20269,920.50 INR
6/22/202610,022.50 INR
6/19/202610,083.00 INR
6/18/20269,952.50 INR
6/17/20269,926.50 INR
6/16/20269,591.50 INR
6/15/20269,599.00 INR
6/12/20269,554.00 INR
6/11/20269,372.00 INR
6/10/20269,528.50 INR
6/9/20269,615.50 INR
6/8/20269,495.00 INR
6/5/20269,699.00 INR
6/4/20269,717.50 INR
6/3/20269,571.50 INR
6/2/20269,531.50 INR
6/1/20269,480.50 INR
5/29/20269,477.50 INR
5/27/20269,664.00 INR
5/26/20269,613.50 INR
5/25/20269,398.50 INR
5/22/20269,263.50 INR
5/21/20269,193.50 INR
5/20/20269,065.00 INR
5/19/20269,162.50 INR
5/18/20269,151.00 INR
5/15/20269,152.50 INR
5/14/20269,217.50 INR
5/13/20268,887.50 INR
5/12/20269,021.50 INR
5/11/20269,065.50 INR
5/8/20269,083.00 INR
5/7/20269,003.00 INR
5/6/20268,415.50 INR
5/5/20268,337.00 INR
5/4/20268,344.50 INR
5/1/20268,110.50 INR
4/30/20268,110.50 INR
4/29/20268,148.50 INR
4/28/20268,254.00 INR
4/27/20268,065.50 INR
4/24/20268,033.00 INR
4/23/20267,963.50 INR
4/22/20268,038.00 INR
4/21/20267,955.50 INR
4/20/20268,198.50 INR
4/17/20268,182.50 INR
4/16/20267,903.50 INR
4/15/20267,791.00 INR
4/13/20267,548.00 INR
4/10/20267,728.00 INR
4/9/20267,607.00 INR
4/8/20267,600.50 INR
4/7/20267,227.00 INR
4/6/20267,047.00 INR
4/2/20266,878.00 INR
4/1/20266,947.50 INR
3/30/20266,830.50 INR
3/27/20267,069.50 INR
3/25/20267,163.50 INR
3/24/20267,068.00 INR
3/23/20266,800.00 INR
3/20/20267,150.00 INR
3/19/20267,180.00 INR
3/18/20267,376.00 INR
3/17/20267,170.00 INR
3/16/20267,119.00 INR
3/13/20267,200.00 INR
3/12/20267,442.00 INR
3/11/20267,405.00 INR
3/10/20267,725.00 INR
3/9/20268,244.50 INR
3/6/20268,552.00 INR
3/5/20268,570.50 INR
2/27/20268,610.50 INR
2/26/20268,506.00 INR
2/25/20268,348.50 INR
2/24/20268,120.00 INR
2/23/20267,992.00 INR
2/20/20267,829.00 INR
2/19/20267,755.50 INR
2/18/20267,815.00 INR
2/17/20267,734.00 INR
2/16/20267,636.50 INR
2/13/20267,577.00 INR
2/12/20267,764.00 INR
2/11/20267,807.00 INR
2/10/20267,735.00 INR
2/9/20267,770.00 INR
2/6/20267,611.00 INR
2/5/20267,555.00 INR
2/4/20267,613.00 INR
2/3/20267,505.00 INR
2/2/20267,036.50 INR
1/30/20267,006.00 INR
1/29/20267,020.50 INR
1/28/20266,870.00 INR
1/27/20266,766.00 INR
1/23/20266,731.00 INR
1/22/20266,999.00 INR
1/21/20266,950.00 INR
1/20/20267,067.00 INR
1/19/20267,415.50 INR
1/16/20267,121.50 INR
1/14/20267,323.50 INR
1/13/20267,517.50 INR
1/12/20267,624.50 INR
1/9/20267,690.00 INR
1/8/20267,750.50 INR
1/7/20267,897.00 INR
1/6/20267,795.50 INR
1/5/20267,762.00 INR
1/2/20267,798.00 INR
1/1/20267,675.00 INR
12/31/20257,596.00 INR
12/30/20257,492.00 INR
12/29/20257,500.00 INR
12/26/20257,556.50 INR
12/24/20257,630.50 INR
12/23/20257,638.00 INR
12/22/20257,605.00 INR
12/19/20257,435.00 INR
12/18/20257,099.00 INR
12/17/20257,060.00 INR
12/16/20257,310.50 INR
12/15/20257,335.00 INR
12/12/20257,291.00 INR
12/11/20257,217.00 INR
12/10/20257,120.00 INR
12/9/20257,175.00 INR
12/8/20257,028.00 INR
12/5/20257,270.00 INR
12/4/20257,310.50 INR
12/3/20257,227.00 INR
12/2/20257,338.00 INR
12/1/20257,401.00 INR
11/28/20257,460.00 INR
11/27/20257,490.00 INR
11/26/20257,545.00 INR
11/25/20257,415.00 INR
11/24/20257,401.00 INR
11/21/20257,522.00 INR
11/20/20257,649.50 INR
11/19/20257,667.00 INR
11/18/20257,675.50 INR
11/17/20257,675.00 INR
11/14/20257,632.00 INR
11/13/20257,743.00 INR
11/12/20257,680.00 INR
11/11/20257,662.00 INR
11/10/20257,608.00 INR
11/7/20257,542.00 INR
11/6/20257,593.00 INR
11/4/20257,560.00 INR
11/3/20257,641.00 INR
10/31/20257,709.00 INR
10/30/20257,845.00 INR
10/29/20257,729.50 INR
10/28/20257,500.00 INR
10/27/20257,660.00 INR
10/24/20257,510.00 INR
10/23/20257,519.50 INR
10/21/20257,599.00 INR
10/20/20257,661.00 INR
10/17/20257,450.00 INR
10/16/20257,578.00 INR
10/15/20257,670.00 INR
10/14/20257,572.50 INR
10/13/20257,673.00 INR
10/10/20257,730.00 INR
10/9/20257,629.00 INR
10/8/20257,581.00 INR
10/7/20257,600.00 INR
10/6/20257,629.00 INR
10/3/20257,385.00 INR
10/1/20257,336.00 INR
9/30/20257,286.00 INR
9/29/20257,278.00 INR
9/26/20257,322.50 INR
9/25/20257,407.50 INR
9/24/20257,532.50 INR
9/23/20257,610.00 INR
9/22/20257,656.00 INR
9/19/20257,554.00 INR
9/18/20257,440.50 INR
9/17/20257,347.00 INR
9/16/20257,400.00 INR
9/15/20257,250.00 INR
9/12/20257,250.00 INR
9/11/20257,249.00 INR
9/10/20257,225.00 INR
9/9/20257,193.00 INR
9/8/20257,350.00 INR
9/5/20257,224.00 INR
9/4/20257,250.00 INR
9/3/20257,235.00 INR
9/2/20257,170.00 INR
9/1/20257,144.50 INR
8/29/20257,091.00 INR
8/28/20257,105.50 INR
8/26/20257,070.00 INR
8/25/20257,071.50 INR
8/22/20257,100.50 INR
8/21/20257,092.50 INR
8/20/20257,141.00 INR
8/19/20257,130.00 INR
8/18/20257,065.00 INR
8/14/20256,955.00 INR
8/13/20256,942.00 INR
8/12/20256,811.50 INR
8/11/20256,741.00 INR
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Polycab India Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2023
141.08 B INR
16.43 B INR
12.71 B INR
Jan 1, 2024
180.39 B INR
22.61 B INR
17.84 B INR
Jan 1, 2025
224.08 B INR
26.72 B INR
20.20 B INR
Jan 1, 2026 (e)
285.94 B INR
33.22 B INR
27.05 B INR
Jan 1, 2027 (e)
359.88 B INR
41.81 B INR
32.96 B INR
Jan 1, 2028 (e)
421.77 B INR
49.00 B INR
38.83 B INR
Jan 1, 2029 (e)
484.78 B INR
56.32 B INR
44.18 B INR
Jan 1, 2030 (e)
513.10 B INR
59.61 B INR
45.94 B INR

Polycab India Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 11, 2026, 2:02 AM
 
REVENUEB INR
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB INR
EBITB INR
EBIT MARGIN%
NET INCOMEB INR
NET INCOME GROWTH%
DIV.INR
DIV. GROWTH%
SHARESM
201520162017201820192020202120222023202420252026e2027e2028e2029e2030e
47.0857.1460.4769.1579.5688.3089.27122.04141.08180.39224.08285.94359.88421.77484.78513.10
18.1021.395.8214.3515.0510.991.0936.7115.6027.8724.2227.6025.8617.2014.945.84
24.6922.9821.2122.4126.2729.4525.0321.5724.6427.1628.8528.8528.8528.8528.8528.85
11.6213.1312.8315.5020.9026.0022.3426.3334.7649.0064.6582.50103.83121.69139.87148.04
3.523.833.535.967.959.749.8010.7316.4322.6126.7233.2241.8149.0056.3259.61
7.486.705.838.6210.0011.0310.988.8011.6512.5411.9311.6211.6211.6211.6211.62
1.641.852.333.585.007.598.829.0912.7117.8420.2027.0532.9638.8344.1845.94
83.9912.4825.8153.9839.5851.9116.202.9939.8740.4013.2233.9421.8217.8313.783.98
––––3.007.0010.0014.0020.0030.0035.0035.0042.0050.40––
–––––133.3342.8640.0042.8650.0016.67–20.0020.00––
141.00141.00141.00141.00141.00149.00150.00149.92150.10150.57150.97150.97150.97150.97150.97150.97
Details

Income Statement Key Figures

ⓘ

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Polycab India generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Polycab India retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Polycab India's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Polycab India has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Polycab India's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Polycab India stock margins

The Polycab India margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Polycab India. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Polycab India.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
25.03 %
10.98 %
9.88 %
Jan 1, 2022
21.58 %
8.80 %
7.45 %
Jan 1, 2023
24.64 %
11.65 %
9.01 %
Jan 1, 2024
27.16 %
12.54 %
9.89 %
Jan 1, 2025
28.85 %
11.93 %
9.01 %
Jan 1, 2026 (e)
28.85 %
11.62 %
9.46 %
Jan 1, 2027 (e)
28.85 %
11.62 %
9.16 %
Jan 1, 2028 (e)
28.85 %
11.62 %
9.21 %

Polycab India Stock Revenue, EBIT, Earnings per Share

The Polycab India earnings per share therefore indicates how much revenue Polycab India has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
595.10 INR
65.36 INR
58.81 INR
Jan 1, 2022
814.00 INR
71.60 INR
60.60 INR
Jan 1, 2023
939.89 INR
109.46 INR
84.66 INR
Jan 1, 2024
1,198.10 INR
150.19 INR
118.49 INR
Jan 1, 2025
1,484.25 INR
177.01 INR
133.80 INR
Jan 1, 2026 (e)
1,893.97 INR
220.05 INR
179.20 INR
Jan 1, 2027 (e)
2,383.72 INR
276.95 INR
218.29 INR
Jan 1, 2028 (e)
2,793.68 INR
324.58 INR
257.20 INR

Polycab India business model & stock analysis

Polycab India Ltd is a leading company in the electrical cable and wire industry in India. It was founded in 1968 and is headquartered in Mumbai, India. Polycab is a publicly traded company listed on the Bombay Stock Exchange (BSE) since April 2019. The company has gained a reputation as a pioneer in the electrical industry and has branches in 23 Indian states and distribution offices in the Middle East. Polycab offers a wide range of solutions in categories such as cables & wires, LED lighting, fans, occasional furniture, and solar panels. They prioritize high-quality products at affordable prices and provide excellent customer support. Overall, Polycab is a renowned and preferred choice for customers in various sectors.

Polycab India SWOT Analysis

Strengths

1. Established Market Presence: Polycab India Ltd has a strong brand reputation and has successfully established itself in the Indian market as a leading manufacturer of wires and cables.

2. Diverse Product Portfolio: The company offers a wide range of electrical products, including wires, cables, fans, switches, and lighting products, allowing them to cater to various customer needs and increase revenue streams.

3. Robust Distribution Network: Polycab India has an extensive network of distributors and dealers spread across the country, enabling them to reach a larger customer base and ensure easy availability of their products.

Weaknesses

1. Dependency on Domestic Market: While Polycab India has a strong presence in the domestic market, it lacks significant international exposure, which may limit its growth opportunities and increase vulnerability to domestic market fluctuations.

2. Limited Product Differentiation: The electrical industry is highly competitive, and Polycab India faces challenges in differentiating its products from those offered by competitors. This can impact brand loyalty and pricing power.

3. Reliance on Raw Material Suppliers: The company relies on external suppliers for raw materials like copper and aluminum, making it susceptible to price fluctuations and potential supply chain disruptions.

Opportunities

1. Growing Infrastructure Development: India's focus on infrastructure development and urbanization presents an opportunity for Polycab India to expand its market share by supplying wires and cables for various construction projects.

2. Rising Demand for Renewable Energy: The increasing adoption of renewable energy sources such as solar and wind power creates a demand for specialized cables and wiring solutions, which Polycab India can capitalize on.

3. Digitalization and Smart Homes: With the increasing trend towards smart homes and automation, Polycab India can leverage its range of electrical products to cater to the growing demand for smart switches, lighting, and other automation solutions.

Threats

1. Price Competition: The electrical industry is price-sensitive, and competition from both domestic and international players may lead to pricing pressures and reduced profit margins for Polycab India.

2. Economic Instability: Fluctuations in the Indian economy, currency exchange rates, and changes in government policies can impact the demand for electrical products, posing a potential threat to the company's growth and profitability.

3. Technological Advances: Rapid technological advancements in the electrical industry can render certain products or technologies obsolete. Polycab India needs to stay updated and adapt to emerging trends and innovations to remain competitive.

Polycab India Eulerpool Fair Value

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Polycab India historical P/E ratio, EBIT multiple, and P/S ratio

Polycab India annual returns

Details

Annual Return

ⓘ

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Polycab India shares outstanding

The number of shares of Polycab India was 150.97 M in 2025. This indicates how many shares Polycab India is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
150.00 M Stocks
Jan 1, 2022
149.92 M Stocks
Jan 1, 2023
150.10 M Stocks
Jan 1, 2024
150.57 M Stocks
Jan 1, 2025
150.97 M Stocks
Jan 1, 2026 (e)
150.97 M Stocks
Jan 1, 2027 (e)
150.97 M Stocks
Jan 1, 2028 (e)
150.97 M Stocks

Polycab India Dividend History

7 years of dividend payments · 6 consecutive increases

YearAnnual DividendYoY ChangePayments
202535.00INR↑ 16.7%1×
Jun 24, 202535.00INR↑ 16.7%1/1
202430.00INR↑ 50.0%1×
202320.00INR↑ 42.9%1×
202214.00INR↑ 40.0%1×
202110.00INR↑ 42.9%1×
20207.00INR↑ 133.3%1×
20193.00INR—1×

Polycab India dividend history and estimates

In 2025, Polycab India paid a dividend amounting to 35.00 INR. Dividend means that Polycab India distributes a portion of its profits to its owners.

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021 (e)
0.00 INR
10.00 INR
Jan 1, 2022
14.00 INR
0.00 INR
Jan 1, 2023
20.00 INR
0.00 INR
Jan 1, 2024
30.00 INR
0.00 INR
Jan 1, 2025
35.00 INR
0.00 INR
Jan 1, 2026
35.00 INR
0.00 INR
Jan 1, 2027 (e)
0.00 INR
42.00 INR
Jan 1, 2028 (e)
0.00 INR
50.40 INR

Polycab India dividend payout ratio

In 2025, Polycab India had a payout ratio of 26.16%. The payout ratio indicates the percentage of the company's profits that Polycab India distributes as dividends.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
17.01 %
Jan 1, 2022
23.10 %
Jan 1, 2023
23.62 %
Jan 1, 2024
25.32 %
Jan 1, 2025
26.16 %
Jan 1, 2026 (e)
19.53 %
Jan 1, 2027 (e)
19.24 %
Jan 1, 2028 (e)
19.60 %

Current Polycab India forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
77.14 % (27)
Hold
17.14 % (6)
Sell
5.71 % (2)
12M Price Target
9,078.00
Last Price
9,218.00
Currency
INR
12M Return Potential
-1.52 %
LTM Return
0 %

Polycab India Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
5/10/202433.26INR-52.12 BINR-2024 Q4
1/17/202429.95INR-46.31 BINR-2024 Q3

EESG©

Eulerpool ESG Scorecard© for the Polycab India stock

84/100
99
Environment
99
Social
55
Governance
E

Environment

20
Scope 1 - Direct Emissions29,061
Scope 2 - Indirect emissions from purchased energy155,118
Scope 3 - Indirect emissions within the value chain5,352,123
Total CO₂ emissions184,179
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides—
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees3.823
Percentage of women in management—
Percentage of Asian employees—
Share of Asian management—
Percentage of Hispanic/Latino employees—
Hispano/Latino Management share—
Percentage of Black employees—
Black Management Share—
Percentage of white employees—
White Management Share—
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Polycab India shareholder structure

% Name
11.61841%
Jaisinghani (Inder T)
Jaisinghani (Inder T)
10.63184%
Jaisinghani (Ajay T)
Jaisinghani (Ajay T)
9.53033%
Jaisinghani (Ramesh T)
Jaisinghani (Ramesh T)
8.19132%
Jaisinghani (Girdhari Thakurdas)
Jaisinghani (Girdhari Thakurdas)
3.97439%
Jaisinghani(Giridhari Thakurdas & Raju Girdhari)
Jaisinghani(Giridhari Thakurdas & Raju Girdhari)
3.73598%
Jaisinghani (Kunal Inder)
Jaisinghani (Kunal Inder)
...

Polycab India Beneficial Ownership Filings (SEC 13D/G)

Free Float
46.8%
Float Shares
-
Shares Outstanding
-

Polycab India Executives and Management Board

24 members · avg. age 56 · 13 % women

IJ

Mr. Inder Jaisinghani (71)

Executive Chairman of the Board, Managing Director · since 1997

344.79 M INR

Management

BJ

Mr. Bharat Jaisinghani (41)

Joint Managing Director, Executive Director · since 2021

27.29 M INR
NJ

Mr. Nikhil Jaisinghani (40)

Joint Managing Director, Executive Director · since 2021

26.80 M INR
RT

Mr. Rakesh Kumar Talati (62)

Director - Sustainability and Chief Sustainability Officer · since 2021

25.05 M INR
MG

Ms. Manita Carmen Gonsalves

Company Secretary and Vice President - Legal

960,000.00 INR
NM

Mr. Niyant Maru (62)

Chief Financial Officer, Executive Vice President - Finance

–
AA

Mr. Anurag Agarwal (50)

Chief Executive Officer - Global Exports and New Businesses (EHV and Conductor) · since 2025

–

Board of Directors

TO

Mr. T. Ostwal (69)

Independent Director

5.88 M INR
MA

Mrs. Manju Agarwal (68)

Independent Director

5.05 M INR
SB

Mrs. Sutapa Banerjee (60)

Independent Director

5.04 M INR
BS

Mr. Bhaskar Sharma (61)

Independent Director

4.72 M INR
SM

Mr. Sumit Malhotra

Independent Director

1.21 M INR
VP

Mr. Vijay Pandey

Executive Director · since 2025

–

Frequently asked questions about Polycab India

The business model of Polycab India Ltd is focused on manufacturing and distributing a wide range of electrical cables and wires. Polycab India Ltd aims to cater to the growing demand for quality electrical products across various industries. The company operates through a diversified product portfolio, including flexible cables, power cables, control cables, and specialty cables. Polycab India Ltd also provides wires and cables for various applications such as residential, commercial, and industrial. With a strong emphasis on innovation, quality, and customer satisfaction, Polycab India Ltd strives to be a leader in the electrical industry with its reliable and technologically advanced products.

Polycab India Ltd is primarily active in the electrical industry.

The main competitors of Polycab India Ltd in the market include Havells India Ltd, Finolex Cables Ltd, and KEI Industries Ltd.

Polycab India Ltd is a leading manufacturer and exporter of wires and cables in India. Established in 1996, the company has a rich history of over two decades. It was initially started as a small business but quickly gained recognition for its quality products and reliable services. Today, Polycab India Ltd is a well-established brand in the electrical industry, known for its diverse range of electrical solutions. With state-of-the-art manufacturing facilities and a dedicated team of professionals, the company has successfully positioned itself as a trusted name in the market. Polycab India Ltd continues to grow and innovate, catering to the evolving needs of its customers while maintaining its commitment to excellence.

Some significant milestones achieved by Polycab India Ltd include becoming the largest manufacturer of wires & cables in India, being recognized as a market leader in the electrical industry, and receiving various awards for innovation and excellence. The company has experienced exponential growth and expanded its product range to include various electrical solutions. Polycab India Ltd has established a strong presence in both domestic and international markets, with a wide distribution network and a reputation for delivering high-quality products. These milestones have contributed to the company's success and solidified its position as a leading player in the electrical industry.

Polycab India Ltd is primarily present in India.

Polycab India Ltd represents strong values and a robust corporate philosophy. As a leading company in the electrical industry, Polycab India Ltd believes in customer-centricity and aims to deliver quality products and services. With a focus on innovation, they continuously develop cutting-edge solutions to meet the evolving needs of their customers. Polycab India Ltd emphasizes integrity, transparency, and ethical business practices, fostering trust among stakeholders. Their commitment to sustainability and social responsibility is evident through initiatives promoting environmental conservation and community welfare. Overall, Polycab India Ltd stands as a symbol of excellence, integrity, and customer satisfaction in the electrical sector.

Analysts currently set an average price target of 8,767.29 INR for the Polycab India stock (median: 9,078.00 INR), implying -4.9 % versus the latest price. The consensus is based on 35 analyst ratings.

Polycab India Analyst Price Targets 2026

36 analysts currently rate the Polycab India stock: 28 recommend buying, 6 holding and 2 selling. For 2026, analysts expect Polycab India to generate revenue of 285.94 B INR and earnings per share of 179.20 INR.

Polycab India Analyst Price Targets 2026

Converted at the current exchange rate, the Polycab India share trades at 83.86 EUR (9,218.00 INR).

Polycab India Ltd is a leading manufacturer and supplier of cables and wires of various types. The company was founded in 1968 and is headquartered in Mumbai. Polycab India is a publicly traded company and is one of the fastest growing cable manufacturers in India. The business model of Polycab India is diverse and includes multiple business segments. The company operates in the most business segment and offers a wide range of products. The first division is industrial cable production. Polycab India manufactures high voltage, medium voltage, and low voltage cables, as well as flexible cables, specialty cables, and instrument cables. The company has state-of-the-art production facilities and a first-class manufacturing team that produces high-quality cables and wires. The second business segment is cable and wire processing for the automotive industry. The company produces special cables and wiring systems for vehicle chassis, engines, and controls. Polycab India is a key supplier to Indian automotive manufacturers and works closely with them to provide customized solutions. Another important business segment is the trading of electrical goods. Polycab India offers a wide range of switches, sockets, lights, and other electrical goods. The company has built a strong distribution network that spans across India. Polycab India pursues a differentiated strategy to compete. The company places great importance on quality and innovation. Polycab India continuously invests in research and development of new products and technologies to always offer its customers the latest and most innovative products. Polycab India also has a strong presence in export markets. The company has subsidiaries in the United States, United Kingdom, and United Arab Emirates. Polycab India is committed to expanding its international presence and bringing its products to new markets. As one of the largest companies in the cable industry, Polycab India is on track to become a leading provider of electrical goods. The company is well positioned to benefit from the growing demand for electrical goods and increasing automation trends. Polycab India will continue its growth trajectory and remain focused on innovation and quality.

The expected revenue of Polycab India is 285.94 B INR. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Polycab India is 27.05 B INR. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Polycab India is currently 51.44. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Polycab India stock.

The price-to-sales ratio (P/S) of Polycab India is currently 4.87. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Polycab India stock.

The Eulerpool Quality Score for Polycab India is 8/10.

The ISIN of Polycab India is INE455K01017. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The ticker of Polycab India is POLYCAB.NS. The ticker symbol is used to trade Polycab India shares on the stock exchange.

Over the past 12 months, Polycab India paid a dividend of 35.00 INR . This corresponds to a dividend yield of about 0.38 %. For the coming 12 months, Polycab India is expected to pay a dividend of 42.00 INR.

The current dividend yield of Polycab India is 0.38 %.

Polycab India pays a dividend, distributed in the months of , , , .

Polycab India paid dividends every year for the past 7 years.

For the upcoming 12 months, dividends amounting to 42.00 INR are expected. This corresponds to a dividend yield of 0.46 %.

Polycab India is assigned to the 'Industry' sector.

To receive the latest dividend of Polycab India from amounting to 35 INR, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, Polycab India distributed 20 INR as dividends.

The dividends of Polycab India are distributed in INR.

All fundamentals and in-depth analysis of Polycab India

Our stock analysis for Polycab India stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Polycab India. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

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