Polycab India Ltd Analyst Rating
based on 28 analysts
65.52%
Buy
17.24%
Hold
17.24%
Sell
Based on 28 analysts offering long term price targets for Polycab India Ltd. An average target of ₹7457.07
Source: S&P Global Market Intelligence
Polycab India Ltd Share analysis
Polycab India Ltd price forecast by 28 analysts
Upside of0.75%
High
₹9000
Target
₹7457.07
Low
₹4750
Polycab India Ltd target price ₹7457.07, a slight upside of 0.75% compared to current price of ₹7486.4. According to 28 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Polycab India Ltd revenue growth forecast
Expected growth rate Q1, FY2026:43.08%
Forecast
Actual
Including amortisation and stock based compensations
Polycab India Ltd EPS growth forecast
EPS estimate Q1, FY2026:34.55%
Forecast
Actual
Source: S&P Global Market Intelligence
Polycab India Ltd Performance
Day's Low
Day's High
₹7,385₹7,524.852 Week's Low
52 Week's High
₹3,801₹7,605
| Returns % | |
| 1 Month Return | + 13.82 % |
| 3 Month Return | + 8.08 % |
| 1 Year Return | + 31.93 % |
| Market Stats | |
| Previous Close | ₹7,401.25 |
| Open | ₹7,401.25 |
| Volume | 2.07L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹1,11,320.99Cr |
Polycab India Ltd Key Statistics
| P/E Ratio | 61.95 |
| PEG Ratio | 5.1 |
| Market Cap | ₹1,11,320.99 Cr |
| P/B Ratio | 9.35 |
| EPS | 120.01 |
| Dividend Yield | 0.59 |
| Sector | Cables |
| ROE | 24 |
Polycab India Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹1,11,320.99 Cr | 129.44% | 0.51 | ₹1,802 Cr | ₹18,039 Cr | |
| HOLD | ₹33,155.02 Cr | 23.49% | 0.53 | ₹1,136 Cr | ₹4,853 Cr | |
| HOLD | ₹99,916.74 Cr | 113.78% | 0.52 | ₹1,720 Cr | ₹9,000 Cr | |
| HOLD | ₹88,339.95 Cr | 92.26% | 0.71 | ₹282 Cr | ₹23,892 Cr | |
| HOLD | ₹1,63,778.69 Cr | 96.08% | 0.51 | NA | NA |
About Polycab India Ltd
Polycab operates primarily in India but has extended its reach to over 40 countries across Asia, Africa, the Middle East, Europe, and America. The company markets its diverse product range under several sub-brands, including Polycab Green for eco-friendly products and Polycab Telecom for networking solutions. A notable fact about Polycab is its status as one of India's largest manufacturers of cables and wires, with a robust presence in the domestic and international markets. Polycab operates independently without a parent company and has focused on organic growth and innovation rather than mergers and acquisitions.
Share Price: ₹7486.40 per share as on 12 Dec, 2024 04:01 PM
Market Capitalisation: ₹1,11,320.99Cr as of today
Revenue: ₹5,498.42Cr as on September 2024 (Q3 24)
Net Profit: ₹445.21Cr as on September 2024 (Q3 24)
Listing date: 16 Apr, 2019
Chairperson Name: Inder Thakurdas Jaisinghani
| Organisation | Polycab India Ltd |
| Headquarters | Mumbai |
| Industry | Cables |
| E-voting on shares | Click here to vote |
Key events for Polycab India Ltd
Motilal Oswal Recommends Buy on Polycab India - 02 Dec, 2024
Motilal Oswal Financial Services has a buy rating on Polycab India with a target price of Rs 8,340. The company shows strong growth in total income and net profit, driven by its leadership in the cables and wires segment. Despite potential margin moderation, Polycab is expected to maintain premium valuations and generate significant free cash flows over the coming years.Polycab India Shares Rise, Boosting Market Cap - 27 Nov, 2024
Polycab India Limited's shares increased by 2.58%, resulting in a market capitalization boost of Rs 2,664 crore, now totaling Rs 1,06,029.86 crore. The stock's strong performance is attributed to robust demand in the electrical and cables segment.Polycab India Shares Rise, Market Cap Gains ₹1,770 Crore - 22 Nov, 2024
Polycab India Limited's shares increased by 1.84%, closing at ₹6,526.40, resulting in a market cap gain of ₹1,770 crore. Positive investor sentiment in the cables and electricals segment supports its strong performance.Polycab India Shares Rise, Market Cap Increases - 19 Nov, 2024
Polycab India Limited's shares rose by 2.07% to Rs 6,578.00, resulting in a market cap increase of Rs 2,006 crore, totaling Rs 98,928.36 crore. The company continues to gain momentum in the cables and electricals sector.Polycab India Shares Rise, Boosting Market Cap - 18 Nov, 2024
Polycab India Limited's shares increased by 2.42%, closing at Rs 6,454.30, adding Rs 2,287 crore to its market cap, now at Rs 97,068 crore. The company remains a leader in the cables and electricals sector.Inder Jaisinghani's Wealth Surge with Polycab India - 10 Nov, 2024
Inder Jaisinghani, Chairman of Polycab India, has seen his family's net worth rise from $3.4 billion in 2022 to $8.6 billion in 2024, reflecting the company's growth as a leading electrical manufacturer with a market cap of Rs 1,00,988.74 crore.Polycab Secures Major BSNL Contract for BharatNet - 08 Nov, 2024
Polycab India Ltd has won two contracts from BSNL, totaling Rs 5,649.36 crore, for the deployment of a middle-mile network under BharatNet, enhancing its market position.Polycab Secures Major BSNL Contract Boosting Shares - 07 Nov, 2024
Polycab India has secured a Rs 1,549 crore contract from BSNL for the development and maintenance of the BharatNet middle-mile network in Bihar. This follows another contract worth Rs 4,099 crore awarded just a day earlier, totaling nearly Rs 5,650 crore in two days. The company aims to achieve a revenue target of ₹20,000 crore by FY25.Polycab India Selected for Major BSNL Project - 06 Nov, 2024
Polycab India has been awarded the lowest bid for a ₹4,099 crore project from BSNL to develop and maintain the Bharat Net middle mile network, boosting its share price by over 4%. The project includes three years of construction and ten years of maintenance.
Insights on Polycab India Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTPrice Rise
In the last 1 month, POLYCAB stock has moved up by 13.8%
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 4.75K Cr → 5.57K Cr (in ₹), with an average increase of 14.7% per quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 395.95 Cr → 439.81 Cr (in ₹), with an average increase of 10.0% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 5.26% to 7.68% in Sep 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, KEI Industries Ltd has given 325.4% return, outperforming this stock by 134.6%
- NO EFFECT
Against Peers
In the last 1 year, Voltas Ltd has given 111.1% return, outperforming this stock by 79.2%
NEGATIVE IMPACTPromoter Holding Down
Promoters have decreased holdings from 65.02% to 63.06% in Sep 2024 quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 13.62% to 13.48% in Sep 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 14.42% to 14.10% in Sep 2024 quarter
News
We Think You Should Be Aware Of Some Concerning Factors In Polycab India's (NSE:POLYCAB) Earnings
The market shrugged off Polycab India Limited's ( NSE:POLYCAB ) solid earnings report. We did some digging and believe...27 Jul, 2024 07:52 AMPolycab, RR Kabel, share price face the heat of copper price volatility in Q1
Stock market Today: Polycab India Ltd, R R Kabel Ltd, share price price may have gained 13-14% year to date , nevertheless have not impressed investors much with their Q1 performance. The shares are just up 1-2% in past one month as volatility in copper prices impact as was visible in Q131 Jul, 2024 04:40 PMNot found. Sign Up to RSS.app to use this feed.
Not found. Sign Up to RSS.app to use this feed. - create a new RSS feed at RSS.app. - (tEcejflhIvuNYxFa)10 Oct, 2024 05:52 PMPolycab India Ltd Financials
Index Inclusions
Polycab India Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 63.06% | ||
| Foreign Institutions | 13.48% | ||
| Mutual Funds | 7.68% | 45.88 | |
| Retail Investors | 14.1% | ||
| Others | 1.68% | 0.56 |
Polycab India Ltd Key Indicators
Polycab India Ltd Valuation
Polycab India Ltd in the last 5 years
Lowest (12.26x)
May 22, 2020
Today (61.95x)
December 11, 2024
Industry (68.10x)
December 11, 2024
Highest (62.69x)
October 15, 2024
Polycab India Ltd Earnings and Dividends
Polycab India Ltd Earnings Results
Polycab India Ltd’s net profit jumped 3.35% since last year same period to ₹439.81Cr in the Q2 2024-2025. On a quarterly growth basis, Polycab India Ltd has generated 11.08% jump in its net profits since last 3-months.
Read More about Earnings ResultsPolycab India Ltd Dividends May,2024
In the quarter ending March 2024, Polycab India Ltd has declared dividend of ₹30 - translating a dividend yield of 0.68%.
Read More about Dividends
Polycab India Ltd Technicals Summary
Bearish
Neutral
Bullish
Polycab India Ltd is currently in a Bullish trading position according to technical analysis indicators.
FAQs on Polycab India Ltd
- Get a PAN card.
- Open a Demat account.
- Open a Trading account.
- Link your Demat account to your Trading account.
- Fund your Trading account.
- Place an order to buy Polycab India Ltd shares.
Polycab India Ltd (POLYCAB) share price today is ₹7486.4
Polycab India Ltd is listed on NSE
Polycab India Ltd is listed on BSE
- Today’s highest price of Polycab India Ltd is ₹7524.8.
- Today’s lowest price of Polycab India Ltd is ₹7385.
PE Ratio of Polycab India Ltd is 61.95
PE ratio = Polycab India Ltd Market price per share / Polycab India Ltd Earnings per share
Today’s traded volume of Polycab India Ltd(POLYCAB) is 2.07L.
Today’s market capitalisation of Polycab India Ltd(POLYCAB) is ₹111320.99Cr.
| Polycab India Ltd(POLYCAB | Price |
|---|---|
52 Week High | ₹7605 |
52 Week Low | ₹3801 |
Polycab India Ltd(POLYCAB) share price is ₹7486.4. It is down -1.56% from its 52 Week High price of ₹7605
Polycab India Ltd(POLYCAB) share price is ₹7486.4. It is up 96.96% from its 52 Week Low price of ₹3801
| Polycab India Ltd(POLYCAB | Returns |
|---|---|
1 Day Returns | 85.15% |
1 Month Returns | 13.82% |
3 Month Returns | 8.08% |
1 Year Returns | 31.93% |