Polycab India Limited

NSE: POLYCAB · Capital Goods · Lot size: 125

Polycab India Limited Share Price & Analysis

9,072.5Updated 22 Jul 2026, 03:30 pm IST
LTP
9,072.5
Open
8,901
High
9,199.5
Low
8,885
Close
₹8,903.5
52W High
₹10,129
52W Low
₹6,620
Volume
589K
Lot Size
125
Sector
Capital Goods
Market Cap
₹1.3L Cr
Face Value
₹10
Large CapNIFTY 200NIFTY 500MIDCAP 100

Price Chart

Fundamentals

P/E
46.6
Sector P/E
52.7
P/B
11.37
EPS
₹190.24
ROE
23%
ROCE
33.2%
D/E Ratio
0.02
Div Yield
0.53%
Book Value
₹798
+

Strengths

  • Excellent return on equity (ROE 23%)
  • Efficient capital deployment (ROCE 33.2%)
  • Virtually debt-free

Concerns

  • High premium to book value (P/B 11.4x)

Peer Comparison

CompanyCMPMkt CapP/EP/BROE %ROCE %D/E
HAL
Hindustan Aeronautics Limited
4,568
₹3.0L Cr337.4424320
BEL
Bharat Electronics Limited
407
₹3.0L Cr49.412.4127.636.50
ABB
ABB India Limited
7,530
₹1.6L Cr10420.3522.429.90.01
TMCV
Tata Motors Limited
412
+0.59%
₹1.5L Cr38.610.713435.90.44
CUMMINSIND
Cummins India Limited
5,590
₹1.5L Cr62.318.2730.239.50
BHEL
Bharat Heavy Electricals Limited
417
₹1.5L Cr60.45.556.239.140.45
CGPOWER
CG Power and Industrial Solutions Limited
912
₹1.4L Cr11818.0220.526.70.02

Showing 7 peers in the same sector · Sorted by market cap

Shareholding Pattern

POLYCAB · as of Mar 2026

Promoters63.04%
FII11.11%1.65
DII10.95%0.29
Public14.90%1.38
CategoryDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters65.78%65.24%65.02%63.06%63.05%63.04%
FII13.41%11.96%13.63%13.49%12.76%11.11%
DII7.61%7.23%6.93%9.35%10.66%10.95%
Public13.18%15.58%14.42%14.11%13.52%14.90%

Corporate Events

To consider and approve the financial results for the period ended Jun 30, 2026

Results15 Jul 2026

Dividend - Rs 47 Per Share

Dividend18 Jun 2026

To consider and approve the financial results for the period ended March 31, 2026 and recommend dividend for the financial year 2025-26

Dividend5 May 2026

Dividend - Rs 35 Per Share

Dividend23 Jun 2025

Annual General Meeting/Dividend - Rs 30 Per Share

Dividend8 Jul 2024

Annual General Meeting/Dividend - Rs 20 Per Share

Dividend20 Jun 2023

Latest News

All news →

Polycab Q4 revenue surges 27% on strong demand

*Polycab Q4 revenue surges 27% on strong demand* with consolidated revenue reaching **₹2,850 crore**, driven by robust demand across segments. Net profit rose **22% YoY** to ₹320 crore, exceeding estimates. Brokerages highlighted the company’s 'aggressive capex pipeline' as a growth catalyst, with multiple firms revising target prices higher. 📊 *STOCKS:* $POLYCAB | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #Earnings

ET Now7 May
High Impact

Polycab to host analyst and investor meet

*Polycab to host analyst and investor meet* to discuss recent developments and business outlook. The event aims to enhance transparency and investor engagement. No major financial announcements or strategic shifts were disclosed. 📊 *STOCKS:* POLYCAB | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #Polycab

NSE Filing8 Jul
Low Impact

Polycab India announces general updates via NSE filing

*Polycab India announces general updates via NSE filing.* The company has shared routine corporate information with no specific financial or operational details disclosed. Such filings typically include administrative or compliance-related updates. Investors await further clarity on material developments. 📊 *STOCKS:* POLYCAB | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #corporateupdate

NSE Filing25 Jun
Low Impact

Kotak downgrades Polycab, RR Kabel, KEI to 'Sell'

*Kotak downgrades Polycab, RR Kabel, KEI to 'Sell'* due to stretched valuations and margin concerns. The brokerage cites **P/E ratios above 30x** and weak near-term demand outlook. Lower earnings visibility in the wires and cables sector prompted the negative stance. 📊 *STOCKS:* POLYCAB | RRKABEL | KEI | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #sell-rating

Business Today22 Jun
Medium Impact

Polycab India shows strong EPS growth, attracting investor interest

*Polycab India shows strong EPS growth, attracting investor interest.* The company has demonstrated robust earnings per share growth, signaling improved profitability. Investors are viewing the stock as an attractive proposition due to consistent performance and strong fundamentals. Recent analysis highlights its potential in the electrical goods segment. 📊 *STOCKS:* POLYCAB | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Earnings

simplywall.st21 May
Medium Impact

Top brokerages see 15%-88% upside in 8 stocks

*Top brokerages are bullish on Polycab, Paytm, and Coforge, citing **15%-88%** upside potential.* Analysts highlight strong fundamentals and sector tailwinds driving optimism. Recent price targets suggest significant re-rating scope for these stocks. 📊 *STOCKS:* POLYCAB, PAYTM, COFORGE | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Brokerage

financialexpress.com10 May
Medium Impact

De Neers secures order for 35,000 tool kits from Polycab

De Neers Tools has secured an order for **35,000 electrician tool kits** from Polycab India. The development signals strong B2B demand and potential revenue boost for De Neers. Polycab’s move may reflect expansion in distribution or service offerings. This order win could positively influence near-term sentiment. 📊 *STOCKS:* DENEERS, POLYCAB | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #OrderWin

scanx.trade8 May
Medium Impact

Polycab shares fall 3% after ₹590 crore block deal

*Polycab India shares decline 3% following a substantial block deal transaction.* A **₹590 crore** block deal has triggered selling pressure in the stock, reflecting possible stake sale or shareholder exits. Such large institutional transactions typically indicate liquidity events rather than fundamental deterioration, though traders should monitor volumes and support levels closely for intraday opportunities. 📊 *STOCKS:* $POLYCAB | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #BlockDeal

scanx.trade27 Apr
Medium Impact

Polycab shares slip 3% on ₹590Cr block deal stake sale

*Polycab shares slip 3% after likely Rs 590 cr block deal, domestic mutual fund reportedly sells stake.* A domestic mutual fund has offloaded its stake in Polycab through a block deal valued at approximately **₹590 crore**, triggering a **3% decline** in share price. The stake sale signals reduced MF conviction in the wire and cable manufacturer. Traders should monitor further selling pressure and support levels. 📊 *STOCKS:* $POLYCAB | 🏢 *SECTOR:* Corporate | #MEDIUMIMPACT #StakeSale

The Economic Times24 Apr
Medium Impact

Financials

Quarterly Results

MetricDec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024
Revenue
₹7.6K Cr
▲17.9%
₹6.5K Cr
▲9.7%
₹5.9K Cr
▼15.5%
₹7.0K Cr
▲33.7%
₹5.2K Cr
▼4.9%
₹5.5K Cr
▲17.0%
₹4.7K Cr
▼16.0%
₹5.6K Cr
Op. Profit
₹966 Cr
▼5.4%
₹1.0K Cr
▲19.0%
₹858 Cr
▼16.3%
₹1.0K Cr
▲42.4%
₹720 Cr
▲13.9%
₹632 Cr
▲8.4%
₹583 Cr
▼23.5%
₹762 Cr
OPM
13.0%
▼18.8%
16.0%
▲6.7%
15.0%
▲0.0%
15.0%
▲7.1%
14.0%
▲27.3%
11.0%
▼8.3%
12.0%
▼14.3%
14.0%
Net Profit
₹630 Cr
▼9.1%
₹693 Cr
▲15.5%
₹600 Cr
▼18.3%
₹734 Cr
▲58.2%
₹464 Cr
▲4.3%
₹445 Cr
▲10.7%
₹402 Cr
▼27.3%
₹553 Cr
EPS (₹)
41.3
▼9.3%
45.54
▲15.8%
39.34
▼18.6%
48.31
▲58.8%
30.42
▲4.0%
29.24
▲11.0%
26.34
▼27.5%
36.34

Values in ₹ Cr · Source: Screener.in

Annual Profit & Loss

MetricMar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Revenue
₹28.9K Cr
▲28.9%
₹22.4K Cr
▲24.2%
₹18.0K Cr
▲27.9%
₹14.1K Cr
▲15.6%
₹12.2K Cr
▲38.8%
₹8.8K Cr
▼0.4%
₹8.8K Cr
▲10.6%
₹8.0K Cr
▲18.0%
₹6.8K Cr
▲23.1%
₹5.5K Cr
Expenses
₹24.9K Cr
▲27.9%
₹19.4K Cr
▲25.1%
₹15.5K Cr
▲26.8%
₹12.3K Cr
▲12.1%
₹10.9K Cr
▲42.4%
₹7.7K Cr
▼0.3%
₹7.7K Cr
▲9.5%
₹7.0K Cr
▲16.5%
₹6.0K Cr
▲20.3%
₹5.0K Cr
Op. Profit
₹4.0K Cr
▲35.4%
₹3.0K Cr
▲18.9%
₹2.5K Cr
▲35.2%
₹1.8K Cr
▲45.8%
₹1.3K Cr
▲13.8%
₹1.1K Cr
▼1.6%
₹1.1K Cr
▲18.8%
₹950 Cr
▲30.3%
₹729 Cr
▲51.9%
₹480 Cr
OPM
14.0%
▲7.7%
13.0%
▼7.1%
14.0%
▲7.7%
13.0%
▲30.0%
10.0%
▼23.1%
13.0%
▲0.0%
13.0%
▲8.3%
12.0%
▲9.1%
11.0%
▲22.2%
9.0%
Other Income
₹229 Cr
▲12.3%
₹204 Cr
▼7.7%
₹221 Cr
▲66.2%
₹133 Cr
▼17.4%
₹161 Cr
▼1.8%
₹164 Cr
▲80.2%
₹91 Cr
▲42.2%
₹64 Cr
▼1.5%
₹65 Cr
▼13.3%
₹75 Cr
Interest
₹243 Cr
▲43.8%
₹169 Cr
▲56.5%
₹108 Cr
▲80.0%
₹60 Cr
▲71.4%
₹35 Cr
▼18.6%
₹43 Cr
▼14.0%
₹50 Cr
▼57.3%
₹117 Cr
▲24.5%
₹94 Cr
▲42.4%
₹66 Cr
Depreciation
₹386 Cr
▲29.5%
₹298 Cr
▲21.6%
₹245 Cr
▲17.2%
₹209 Cr
▲3.5%
₹202 Cr
▲14.8%
₹176 Cr
▲9.3%
₹161 Cr
▲14.2%
₹141 Cr
▲6.0%
₹133 Cr
▲3.9%
₹128 Cr
PBT
₹3.6K Cr
▲33.8%
₹2.7K Cr
▲14.5%
₹2.4K Cr
▲38.2%
₹1.7K Cr
▲43.7%
₹1.2K Cr
▲12.5%
₹1.1K Cr
▲4.6%
₹1.0K Cr
▲33.6%
₹756 Cr
▲33.3%
₹567 Cr
▲57.1%
₹361 Cr
Tax %
25.0%
▲4.2%
24.0%
▲0.0%
24.0%
▼4.0%
25.0%
▲8.7%
23.0%
▲43.8%
16.0%
▼33.3%
24.0%
▼29.4%
34.0%
▼8.1%
37.0%
▲2.8%
36.0%
Net Profit
₹2.7K Cr
▲32.4%
₹2.0K Cr
▲13.5%
₹1.8K Cr
▲40.6%
₹1.3K Cr
▲39.8%
₹917 Cr
▲3.5%
₹886 Cr
▲15.7%
₹766 Cr
▲53.2%
₹500 Cr
▲39.3%
₹359 Cr
▲54.1%
₹233 Cr
EPS (₹)
177.48
▲32.2%
134.28
▲13.1%
118.75
▲40.0%
84.8
▲39.5%
60.8
▲2.8%
59.15
▲16.0%
50.97
▲44.0%
35.39
▲39.6%
25.35
▲53.8%
16.48
Div Payout
26.0%
▲0.0%
26.0%
▲4.0%
25.0%
▲4.2%
24.0%
▲4.3%
23.0%
▲35.3%
17.0%
▲21.4%
14.0%
▲75.0%
8.0%
0.0%
▼100.0%
6.0%

Values in ₹ Cr · Source: Screener.in

Balance Sheet

ItemSep 2025Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Liabilities
Equity Capital
₹151 Cr
▲0.7%
₹150 Cr
▲0.0%
₹150 Cr
▲0.0%
₹150 Cr
▲0.7%
₹149 Cr
▲0.0%
₹149 Cr
▲0.0%
₹149 Cr
▲5.7%
₹141 Cr
▲0.0%
₹141 Cr
▲0.0%
₹141 Cr
Reserves
₹10.4K Cr
▲7.9%
₹9.7K Cr
▲20.4%
₹8.0K Cr
▲24.0%
₹6.5K Cr
▲20.2%
₹5.4K Cr
▲17.1%
₹4.6K Cr
▲24.9%
₹3.7K Cr
▲36.3%
₹2.7K Cr
▲22.7%
₹2.2K Cr
▲19.1%
₹1.9K Cr
Borrowings
₹223 Cr
▲10.4%
₹202 Cr
▲25.5%
₹161 Cr
▼15.7%
₹191 Cr
▲61.9%
₹118 Cr
▼58.2%
₹282 Cr
▲79.6%
₹157 Cr
▼42.3%
₹272 Cr
▼66.0%
₹800 Cr
▼6.5%
₹856 Cr
Other Liabilities
₹6.4K Cr
▲70.8%
₹3.7K Cr
▲0.1%
₹3.7K Cr
▲42.9%
₹2.6K Cr
▲48.7%
₹1.8K Cr
▼11.5%
₹2.0K Cr
▲0.6%
₹2.0K Cr
▼21.6%
₹2.5K Cr
▲93.0%
₹1.3K Cr
▼24.8%
₹1.7K Cr
Total Liabilities
₹17.2K Cr
▲24.9%
₹13.7K Cr
▲13.9%
₹12.1K Cr
▲28.0%
₹9.4K Cr
▲27.1%
₹7.4K Cr
▲5.7%
₹7.0K Cr
▲17.7%
₹6.0K Cr
▲5.9%
₹5.6K Cr
▲26.5%
₹4.4K Cr
▼2.9%
₹4.6K Cr
Assets
Fixed Assets
₹3.4K Cr
▲12.9%
₹3.0K Cr
▲28.8%
₹2.3K Cr
▲13.1%
₹2.1K Cr
▲23.4%
₹1.7K Cr
▼10.4%
₹1.9K Cr
▲31.5%
₹1.4K Cr
▲11.4%
₹1.3K Cr
▲6.6%
₹1.2K Cr
▲6.1%
₹1.1K Cr
CWIP
₹860 Cr
▲21.5%
₹708 Cr
▲22.5%
₹578 Cr
▲130.3%
₹251 Cr
▼33.1%
₹375 Cr
▲278.8%
₹99 Cr
▼58.9%
₹241 Cr
▲24.9%
₹193 Cr
▲41.9%
₹136 Cr
▼17.6%
₹165 Cr
Investments
₹1.7K Cr
▼3.0%
₹1.7K Cr
▼4.0%
₹1.8K Cr
▲35.0%
₹1.4K Cr
▲74.6%
₹773 Cr
▲21.7%
₹635 Cr
▲876.9%
₹65 Cr
▲124.1%
₹29 Cr
▼9.4%
₹32 Cr
▼3.0%
₹33 Cr
Other Assets
₹11.2K Cr
▲35.5%
₹8.3K Cr
▲13.0%
₹7.3K Cr
▲27.3%
₹5.8K Cr
▲25.5%
₹4.6K Cr
▲4.0%
₹4.4K Cr
▲4.2%
₹4.2K Cr
▲2.5%
₹4.1K Cr
▲34.0%
₹3.1K Cr
▼5.2%
₹3.3K Cr
Total Assets
₹17.2K Cr
▲24.9%
₹13.7K Cr
▲13.9%
₹12.1K Cr
▲28.0%
₹9.4K Cr
▲27.1%
₹7.4K Cr
▲5.7%
₹7.0K Cr
▲17.7%
₹6.0K Cr
▲5.9%
₹5.6K Cr
▲26.5%
₹4.4K Cr
▼2.9%
₹4.6K Cr

Values in ₹ Cr · Source: Screener.in

Cash Flow Statement

ItemMar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Operating CF
₹1.8K Cr
▲39.6%
₹1.3K Cr
▼9.2%
₹1.4K Cr
▲178.9%
₹512 Cr
▼59.1%
₹1.3K Cr
▲413.1%
₹244 Cr
▼80.2%
₹1.2K Cr
▲239.8%
₹362 Cr
▲22.3%
₹296 Cr
▲33.9%
₹221 Cr
Investing CF
₹-1.2K Cr
▼64.8%
₹-752 Cr
▲37.5%
₹-1.2K Cr
▼181.7%
₹-427 Cr
▲57.8%
₹-1.0K Cr
▼286.3%
₹-262 Cr
▲35.8%
₹-408 Cr
▼117.0%
₹-188 Cr
▲36.3%
₹-295 Cr
▼19.4%
₹-247 Cr
Financing CF
₹-628 Cr
▼62.3%
₹-387 Cr
▼70.5%
₹-227 Cr
▼12.9%
₹-201 Cr
▼14.9%
₹-175 Cr
▼1690.9%
₹11 Cr
▲101.7%
₹-651 Cr
▼242.6%
₹-190 Cr
▼1800.0%
₹-10 Cr
▼122.2%
₹45 Cr
Net Cash Flow
₹-59 Cr
▼137.6%
₹157 Cr
▲7950.0%
₹-2 Cr
▲98.3%
₹-116 Cr
▼275.8%
₹66 Cr
▲1042.9%
₹-7 Cr
▼104.1%
₹171 Cr
▲1240.0%
₹-15 Cr
▼87.5%
₹-8 Cr
▼140.0%
₹20 Cr
Free Cash Flow
₹853 Cr
▲94.7%
₹438 Cr
▼54.8%
₹969 Cr
▲12212.5%
₹-8 Cr
▼100.8%
₹1.1K Cr
▲2457.8%
₹-45 Cr
▼104.7%
₹949 Cr
▲430.2%
₹179 Cr
▲894.4%
₹18 Cr
▲169.2%
₹-26 Cr

Values in ₹ Cr · Source: Screener.in

Key Ratios History

MetricMar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Debtor Days
42d
▲2.4%
41d
▲28.1%
32d
▼17.9%
39d
▼35.0%
60d
▲1.7%
59d
▼3.3%
61d
▼12.9%
70d
▼12.5%
80d
▼15.8%
95d
Inventory Days
86d
▼18.1%
105d
▲1.0%
104d
▲20.9%
86d
▼23.9%
113d
▼2.6%
116d
▼9.4%
128d
134d
▲42.6%
94d
Days Payable
64d
▼22.0%
82d
▲13.9%
72d
▲50.0%
48d
▼37.7%
77d
▼6.1%
82d
▼15.5%
97d
120d
▲18.8%
101d
Cash Conv. Cycle
64d
▼1.5%
65d
▲0.0%
65d
▼15.6%
77d
▼19.8%
96d
▲2.1%
94d
▲3.3%
91d
▲30.0%
70d
▼25.5%
94d
▲6.8%
88d
Working Capital Days
54d
▼8.5%
59d
▲1.7%
58d
▼13.4%
67d
▲0.0%
67d
▼5.6%
71d
▲57.8%
45d
▼21.1%
57d
▼40.6%
96d
▲2.1%
94d
ROCE
30.0%
▼3.2%
31.0%
▲14.8%
27.0%
▲28.6%
21.0%
▼8.7%
23.0%
▼20.7%
29.0%
▲3.6%
28.0%
▲27.3%
22.0%
▲37.5%
16.0%
▼5.9%
17.0%

Source: Screener.in · Lower days = better efficiency

About Polycab India Limited

Polycab is India’s leading manufacturers of cables and wires and allied products such as uPVC conduits and lugs and glands. We have a range of cables and wires for practically every application. More recently Polycab has also launched a wide range of consumer electrical products like Fans, Switches, Switchgear, LED lights and Luminaries, Solar Inverters, and Pumps.

Capital Goods · Industrial Products

Frequently Asked Questions

What is Polycab India Limited share price today?
Polycab India Limited (POLYCAB) is currently trading at ₹9,072.5 on NSE, as of the last market session. Prices update daily after market close on MarketNetra.
Is Polycab India Limited available in F&O (Futures & Options)?
Yes, Polycab India Limited (POLYCAB) is part of the NSE F&O segment with a lot size of 125 shares. Options are available with monthly expiry contracts. You can track the full option chain and OI analysis on MarketNetra.
What is Polycab India Limited 52-week high and low?
Polycab India Limited's 52-week high is ₹10,129 and the 52-week low is ₹6,620. The current price of ₹9,072.5 is 10.4% below the 52W high.
What is Polycab India Limited P/E ratio?
Polycab India Limited's current P/E ratio is 46.6. This indicates the market is paying ₹46.6 for every ₹1 of earnings. Compare this to the sector average to assess relative valuation.
How to trade Polycab India Limited options?
Polycab India Limited options are traded on NSE with monthly expiry contracts (lot size: 125 shares). To trade POLYCAB options: select your expiry on the option chain page, identify key OI strikes, check the PCR and buildup type on OI analysis, and review FII/DII flows for institutional sentiment before taking a position.