Polycab India (POLYCAB.NS) Stock Price
Polycab India Price
Revenue has compounded at 16.3% per year over the past 12 years to 288.84 B INR. Earnings per share have grown at 26.2% per year over the last 12 years. Polycab India's net margin stands at 9.3%, up from 7.4% several years earlier. Polycab India currently offers a dividend yield of about 0.43%. The payout ratio is around 25% of earnings. The dividend has grown at 42.0% per year over the past 7 years. Analysts set a median price target of 9,078.00 INR, implying 11.6% above the current price. Of 35 analysts, 27 rate the stock a buy — an overall Buy consensus.
Polycab India stock price
Polycab India business model & stock analysis
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 +7.7 % versus the latest price. The consensus is based on 35 analyst ratings.
36 analysts currently rate the Polycab India stock: 28 recommend buying, 6 holding and 2 selling.
Converted at the current exchange rate, the Polycab India share trades at 75.03 EUR (8,138.00 INR).
The Polycab India share (POLYCAB.NS) is listed on 2 stock exchanges, including: NSE (Indien) (POLYCAB.NS).
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 revenue of Polycab India is 288.84 B INR. This figure is based on current financial data and reflects the company's business performance.
The profit of Polycab India is 26.72 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 45.99. 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 4.25. 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.
Polycab India stock
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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.