Polycab India Limited (POLYCAB.NS)
Mumbai, IN
Polycab India Limited, established in 1996 and headquartered in Mumbai, India, operates as a significant manufacturer and global distributor of diverse electrical goods. Trading under its widely recognized POLYCAB brand, the company's primary business involves producing an extensive range of wires and cables, including specialized options like rubber and fire-resistant cables. Beyond its core wiring segment, Polycab offers a broad spectrum of consumer electrical products. This encompasses various fan types, such as ceiling, table, pedestal, wall, exhaust, farrata, and air-circulating models, alongside a selection of lighting fixtures and luminaires. The company also provides a comprehensive suite of electrical accessories, including modern touch switches, modular plates, traditional switches, and their associated components. Its robust switchgear lineup features isolators, Miniature Circuit Breakers (MCB), Residual Current Circuit Breakers (RCCB), Residual Current Breakers with Overcurrent Protection (RCBO), Distribution Boards (DB), Automatic Changeover Current Limiters (ACCL), and MCB changeover switches. Expanding into renewable solutions, Polycab supplies solar power products like grid-tie inverters, DC MCBs, solar DC cables, and photovoltaic panels. For electrical installations, it manufactures UPVC conduits and concealed boxes. The company's product offerings further extend to a variety of pumps—including self-priming monobloc, centrifugal monobloc, borewell submersible, domestic openwell submersible, and jet pumps—which are complemented by submersible flat and round cables. Additionally, Polycab provides essential household appliances such as water heaters, air coolers, and irons. In the services sector, Polycab engages in the end-to-end design, engineering, procurement, installation, and commissioning of critical power infrastructure projects, specifically in power distribution, transmission, and rural electrification. The company's substantial market penetration is supported by a robust distribution network comprising 3,464 authorized dealers and distributors, with its products accessible through 100,000 retail outlets.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.49% | +6.15% | +16.74% | +16.14% | +17.47% | +18.41% | +50.55% | +166.20% | +484.41% | +1,277.75% | +1,277.75% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 6 | 0 |
| Buy | 17 | 0 |
| Hold | 7 | 0 |
| Sell | 1 | 0 |
| Strong Sell | 0 | -1 |
-
Revenue growth Electrical Equipment & Parts: +13.1%+28.9% ★ Q1'26: +26.9% (vs Q1'25)
-
EPS growth Electrical Equipment & Parts: +22.4%+32.3% ★ Q1'26: +8.0% (vs Q1'25)
-
FCF margin FCF growth · Electrical Equipment & Parts: +27.2%+0.4% Q1'26: -20.6% (vs Q1'25)
-
EBIT margin Electrical Equipment & Parts: +8.2%+12.5% ★ Q1'26: +12.0% (vs Q1'25)
-
ROIC Electrical Equipment & Parts: +6.4%+22.0% ★ Q1'26: +25.8% (vs Q1'25)
-
Share dilution Electrical Equipment & Parts: +0.0%+0.0% Q1'26: -1.6% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Electrical Equipment & Parts: -0.54×1.12× Q1'26: 0.97× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Mar 2019 actual |
Mar 2020 actual |
Mar 2021 actual |
Mar 2022 actual |
Mar 2023 actual |
Mar 2024 actual |
Mar 2025 actual |
Mar 2026 31 Rev. Ana. 28 EPS Ana. |
Mar 2027 30 Rev. Ana. 28 EPS Ana. |
Mar 2028 29 Rev. Ana. 26 EPS Ana. |
Mar 2029 14 Rev. Ana. 11 EPS Ana. |
Mar 2030 9 Rev. Ana. 6 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
79.86B
est: 79.33B (+0.7%)
|
88.30B
est: 89.10B (-0.9%)
|
87.92B
est: 87.78B (+0.2%)
|
122.04B
est: 121.10B (+0.8%)
|
141.08B
est: 140.82B (+0.2%)
|
180.39B
est: 188.48B (-4.3%)
|
224.08B
est: 220.06B (+1.8%)
|
285.94B
273.25B – 302.62B
+29.9% YoY
|
349.07B
326.28B – 375.77B
+22.1% YoY
|
409.11B
368.90B – 435.64B
+17.2% YoY
|
473.96B
473.88B – 474.04B
+15.9% YoY
|
471.24B
432.08B – 504.32B
-0.6% YoY
|
| EBITDA |
9.65B
est: 9.93B (-2.9%)
|
11.51B
est: 11.16B (+3.2%)
|
10.98B
est: 10.07B (+9.1%)
|
12.52B
est: 12.16B (+3.0%)
|
18.38B
est: 13.64B (+34.8%)
|
24.71B
est: 24.12B (+2.4%)
|
29.43B
est: 27.94B (+5.3%)
|
36.59B
34.96B – 38.72B
+30.9% YoY
|
44.67B
41.75B – 48.08B
+22.1% YoY
|
52.35B
47.20B – 55.74B
+17.2% YoY
|
60.65B
60.64B – 60.66B
+15.9% YoY
|
60.30B
55.29B – 64.53B
-0.6% YoY
|
| EBIT |
8.25B
est: 8.79B (-6.1%)
|
10.04B
est: 9.87B (+1.7%)
|
9.35B
est: 8.03B (+16.4%)
|
10.65B
est: 9.70B (+9.8%)
|
16.43B
est: 10.88B (+51.0%)
|
22.47B
est: 21.59B (+4.1%)
|
26.70B
est: 25.01B (+6.7%)
|
32.75B
31.30B – 34.66B
+30.9% YoY
|
39.99B
37.37B – 43.04B
+22.1% YoY
|
46.86B
42.26B – 49.90B
+17.2% YoY
|
54.29B
54.28B – 54.30B
+15.9% YoY
|
53.98B
49.49B – 57.77B
-0.6% YoY
|
| Net Income |
5.00B
est: 5.12B (-2.3%)
|
7.59B
est: 7.81B (-2.8%)
|
8.82B
est: 6.26B (+41.0%)
|
9.09B
est: 7.56B (+20.2%)
|
12.71B
est: 8.48B (+49.9%)
|
17.84B
est: 17.80B (+0.2%)
|
20.20B
est: 19.23B (+5.1%)
|
26.72B
24.96B – 28.48B
+39.0% YoY
|
31.48B
29.80B – 35.10B
+17.8% YoY
|
36.91B
32.69B – 41.50B
+17.2% YoY
|
42.34B
36.64B – 48.30B
+14.7% YoY
|
42.49B
37.90B – 46.37B
+0.4% YoY
|
| SGA |
4.16B
est: 3.41B (+22.0%)
|
4.82B
est: 3.83B (+26.0%)
|
4.29B
est: 9.01B (-52.4%)
|
4.96B
est: 10.89B (-54.5%)
|
5.87B
est: 12.21B (-51.9%)
|
8.14B
est: 9.42B (-13.5%)
|
8.69B
est: 10.91B (-20.3%)
|
14.29B
13.65B – 15.12B
+30.9% YoY
|
17.44B
16.30B – 18.78B
+22.1% YoY
|
20.44B
18.43B – 21.77B
+17.2% YoY
|
23.68B
23.68B – 23.69B
+15.9% YoY
|
23.55B
21.59B – 25.20B
-0.6% YoY
|
| EPS |
35.39
est: 33.89 (+4.4%)
|
51.16
est: 51.73 (-1.1%)
|
56.24
est: 52.45 (+7.2%)
|
56.04
est: 59.38 (-5.6%)
|
84.93
est: 84.75 (+0.2%)
|
118.93
est: 118.59 (+0.3%)
|
134.34
est: 128.40 (+4.6%)
|
179.20
165.31 – 188.62
+39.6% YoY
|
213.63
197.33 – 232.45
+19.2% YoY
|
251.60
216.48 – 274.84
+17.8% YoY
|
286.02
242.65 – 319.84
+13.7% YoY
|
281.40
251.01 – 307.08
-1.6% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-07 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-05-06 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-05-05 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-05-04 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-04-30 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-04-29 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-04-28 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-04-27 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-04-24 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 2/5 | 2/5 | 1/5 |
| 2026-04-23 | B | 3/5 | 3/5 | 5/5 | 5/5 | 2/5 | 1/5 | 1/5 |
| 2026-04-22 | B | 3/5 | 3/5 | 5/5 | 5/5 | 2/5 | 1/5 | 1/5 |
| 2026-04-21 | B | 3/5 | 3/5 | 5/5 | 5/5 | 2/5 | 1/5 | 1/5 |
| 2026-04-20 | B | 3/5 | 3/5 | 5/5 | 5/5 | 2/5 | 1/5 | 1/5 |
| 2026-04-17 | B | 3/5 | 3/5 | 5/5 | 5/5 | 2/5 | 1/5 | 1/5 |
| 2026-04-16 | B | 3/5 | 3/5 | 5/5 | 5/5 | 2/5 | 1/5 | 1/5 |
| 2026-04-15 | B | 3/5 | 3/5 | 5/5 | 5/5 | 2/5 | 1/5 | 1/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Inder Thakurdas Jaisinghani | Chairman & MD | 345M | male |
| Nikhil Ramesh Jaisinghani | Joint Managing Director | 27M | male |
| Bharat A. Jaisinghani | Joint Managing Director | 27M | male |
| Rakeshkumar Talati | Chief Sustainability Officer & Director of sustainability | 24M | male |
| Manita Carmen A. Gonsalves | Head of Legal, Company Secretary & Compliance Officer | 4M | female |
| Niyant Maru | Chief Financial Officer | — | male |
| Anurag Agarwal | Chief Executive Officer of Global Exports & New Businesses (EHV & Conductor) | — | male |
| Shwetal Basu | Senior Vice President and Head of Brand & Marketing | — | female |
| Ashish Kakkar | Chief Human Resource Officer | — | male |
| Chirayu Upadhyaya | Head of Investor Relations | — | male |
| Diwaker Bharadwaj | President of Automation/Serialisation, Packaging & Brand Protection | — | male |
| Gyan Shanker Pandey | Executive President and Chief Digital & Information Officer | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for POLYCAB.NS
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Target Price Distribution
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