Polycab India Ltd Share Price
(POLYCAB)
₹5152.15▲2.52%
as on 04:01PM, 25 Mar 2025
Polycab Performance
Day's Low
Day's High
₹5,060Day's Price Range₹5,198.852 Week's Low
52 Week's High
₹4,55552-Week Price Range₹7,605
| Returns % | |
| 1 Month Return | -12.84 % |
| 3 Month Return | -29.66 % |
| 1 Year Return | + 0.15 % |
| Market Stats | |
| Previous Close | ₹5,025.45 |
| Open | ₹5,069.80 |
| Volume | 11.84L |
| Upper Circuit | ₹5,527.95 |
| Lower Circuit | ₹4,522.90 |
| Market Cap | ₹75,595.03Cr |
Polycab Fundamentals
P/E Ratio
41.06
PEG Ratio
3.58
Market Cap
₹75,595.03 Cr
P/B Ratio
9.35
EPS
120.01
Dividend Yield
0.59
Sector
Cables
ROE
24
Mutual Fund Holdings of Polycab
Polycab Analyst Rating
based on 28 analysts
75.86%
Buy
10.34%
Hold
13.79%
Sell
Based on 28 analysts offering long term price targets for Polycab. An average target of ₹6902.18
Source: S&P Global Market Intelligence
Polycab Share analysis
Polycab price forecast by 28 analysts
Upside of37.34%
High
₹8900
Target
₹6902.18
Low
₹3825
Polycab target price ₹6902.18, a slight upside of 37.34% compared to current price of ₹5152.15. According to 28 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Polycab revenue growth forecast
Expected growth rate Q1, FY2027:66.50%
Forecast
Actual
Including amortisation and stock based compensations
Polycab EPS growth forecast
EPS estimate Q1, FY2027:55.84%
Forecast
Actual
Source: S&P Global Market Intelligence
Key events for Polycab India Ltd
Polycab Shares Plummet After Adani's Market Entry - 20 Mar, 2025
Polycab India Ltd experienced a significant decline in share price, dropping over 9% intraday after Adani Enterprises announced its entry into the wires and cables market. The stock reached an intraday low of Rs 4,912.75, reflecting investor concerns about increased competition.Polycab Downgraded by Goldman Sachs and Jefferies - 17 Mar, 2025
Goldman Sachs and Jefferies downgraded Polycab India Ltd to Neutral, reducing the target price to ₹5,005 due to valuation concerns and increased competition in the sector.Polycab India Targets Growth Amidst Market Fluctuations - 16 Mar, 2025
Polycab India, the largest manufacturer of wires and cables, aims for Rs. 20,000 crore revenue by FY26. Despite a slight share price drop, Sharekhan recommends a Buy with a target price of Rs. 7,300, indicating significant upside potential.Polycab India Wins Major Bharat Net Project - 12 Mar, 2025
Polycab India Limited has signed a significant agreement with BSNL for the Bharat Net project in Bihar, valued at ₹3002.99 crores, enhancing digital connectivity.Polycab Faces Competition Amid Revenue Growth - 11 Mar, 2025
Polycab India reported a 23.9% revenue growth in 9MFY25, but faces increased competition from Ultratech Cement entering the cables and wires market. The stock has corrected 33.3% from its high.Polycab India Maintains Strong Growth Outlook - 08 Mar, 2025
Polycab India continues to excel in the cables and wires segment, with a Buy rating from Sharekhan and a target price of Rs. 7,300. The company anticipates a 20% revenue CAGR and 21% PAT CAGR from FY2024 to FY2027, supported by its ambitious SPRING project and strong Q3 FY2025 results, showcasing significant growth across segments.Polycab India Receives Positive Ratings and Growth Outlook - 07 Mar, 2025
Polycab India Limited is projected to grow significantly, with Morgan Stanley targeting Rs. 7,395 per share. The company benefits from rising demand and favorable market conditions.Polycab Gains on Morgan Stanley's Bullish Outlook - 05 Mar, 2025
Polycab India shares rose 3.5% after Morgan Stanley projected a 52% upside, citing strong demand in cables and wires, and limited competition impact from UltraTech's entry.Polycab India Faces Price Target Cuts Amid Competition - 03 Mar, 2025
Brokerages Jefferies and UBS have reduced their price targets for Polycab India due to competition from UltraTech's entry into the cables and wires segment, while maintaining buy ratings. Jefferies projects strong sales and profit growth despite market challenges, emphasizing export opportunities.Polycab Faces Volatility Amid Competitive Pressures - 28 Feb, 2025
Polycab India Ltd experienced significant volatility following UltraTech Cement's entry into the cables market, leading to sharp stock declines and subsequent rebounds. Despite strong Q3FY25 earnings, analysts suggest cautious optimism with accumulation recommendations at key support levels.Polycab Shares Plummet Amid Market Concerns - 27 Feb, 2025
Polycab India Ltd faced significant declines, with shares dropping over 18% due to fears of margin pressure from UltraTech Cement's new investment and reduced price targets from analysts.Polycab India Dominates C&W Segment Market Share - 26 Feb, 2025
Polycab India, along with other established brands like Havells and Finolex, holds over 50% market share in the organized C&W sector, according to a MOSL report based on FY23 data.Polycab India Stock Sees Modest Increase - 22 Feb, 2025
On February 21, 2025, Polycab India Limited's share price rose by 0.86% to Rs. 5,805.55, with a market capitalization of approximately Rs. 87,327 crore. The stock is fairly valued with a P/E ratio of 46.44, slightly above the industry average, and is trading at a 27% discount from its 52-week high of Rs. 7,605.
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 IMPACTMF Holding Up
Mutual Funds have increased holdings from 7.68% to 8.67% in Dec 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 3 quarters, 395.95 Cr → 457.56 Cr (in ₹), with an average increase of 6.9% per quarter
NO EFFECTAgainst Peers
In the last 1 year, Blue Star Ltd has given 74.7% return, outperforming this stock by 74.6%
- NO EFFECT
Against Peers
In the last 3 years, Blue Star Ltd has given 346.5% return, outperforming this stock by 241.1%
NEGATIVE IMPACTPrice Dip
In the last 7 days, POLYCAB stock has moved down by -3.3%
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 14.10% to 13.53% in Dec 2024 quarter
- NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 63.06% to 63.05% in Dec 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 5.57K Cr → 5.25K Cr (in ₹), with an average decrease of 5.8% per quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 13.48% to 12.75% in Dec 2024 quarter
Polycab News
Scooter Industry in India Set for Record Sales in FY2025
Bajaj Auto has already clocked its best-ever scooter sales in a fiscal with March 2025 still to be counted, having sold 248,100 Chetak and Yulu electric scooters, translating into an additional 144,337 units YoY and a doubling of market share to 4 percent.24 Mar, 2025 06:03 AMSanjiv Bajaj Discusses Leadership Transition at Bajaj Finserv
In 2007, Bajaj Auto was split into three companies, one for the auto business, one for financial services, and the third as the investment and holding company.24 Mar, 2025 05:30 AMPlanning to buy Hero Xpulse 210: Check Out its Top Alternatives at ₹1.75 Lakh
The first option that buyers can check out under ₹1.75 lakh (ex-showroom) is the Bajaj Pulsar RS 200. It is powered by a 199cc single-cylinder air-cooled petrol engine producing 24BHP and 18Nm torque. The price of the Bajaj Pulsar RS 200 is ₹1.72 lakh (ex-showroom).22 Mar, 2025 07:03 PMPolycab Financials
Polycab Index Inclusions
Polycab Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 63.05% | ||
| Foreign Institutions | 12.75% | ||
| Mutual Funds | 8.67% | 12.87 | |
| Retail Investors | 13.53% | ||
| Others | 2.01% | 19.25 |
Polycab Key Indicators
Polycab Valuation
Polycab in the last 5 years
Lowest (12.26x)
May 22, 2020
Today (41.06x)
March 24, 2025
Industry (44.80x)
March 24, 2025
Highest (63.12x)
December 16, 2024
Polycab Earnings and Dividends
Polycab India Ltd Earnings Results
Polycab India Ltd’s net profit jumped 10.83% since last year same period to ₹457.56Cr in the Q3 2024-2025. On a quarterly growth basis, Polycab India Ltd has generated 4.04% 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 0.97%.
Read More about Dividends
Polycab Technicals Summary
Bearish
Neutral
Bullish
Polycab India Ltd is currently in a Bearish trading position according to technical analysis indicators.
Polycab Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹75,595.03 Cr | 137.64% | 0.51 | ₹1,802 Cr | ₹18,039 Cr | |
| HOLD | ₹31,804.83 Cr | 29.83% | 0.53 | ₹1,136 Cr | ₹4,853 Cr | |
| BUY | ₹84,719.25 Cr | 145.31% | 0.52 | ₹1,720 Cr | ₹9,000 Cr | |
| HOLD | ₹75,748.81 Cr | 199.18% | 0.71 | ₹282 Cr | ₹23,892 Cr | |
| BUY | ₹1,17,231.95 Cr | 112.58% | 0.51 | NA | NA |
About Polycab
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.
Revenue: ₹5,226.06Cr as on December 2024 (Q4 24)
Net Profit: ₹464.35Cr as on December 2024 (Q4 24)
Listing date: 16 Apr, 2019
Chairperson Name: Inder Thakurdas Jaisinghani
| Organisation | Polycab |
| Headquarters | Mumbai |
| Industry | Cables |
| E-voting on shares | Click here to vote |
FAQs on Polycab India Ltd
What is Polycab India Ltd price today?
Polycab India Ltd share price today stands at ₹5152.15, Open: ₹5069.8, Previous Close: ₹5025.45, High: ₹5198.8, Low: ₹5060, 52 Week High: ₹7605, 52 Week Low: ₹4555.
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What are today's traded volumes of Polycab India Ltd?
Today's traded volume of Polycab India Ltd(POLYCAB) is 11.84L.
What is today's market capitalisation of Polycab India Ltd?
Today's market capitalisation of Polycab India Ltd(POLYCAB) is ₹75595.03Cr.
What is the 52 Week High and Low Range of Polycab India Ltd?
How much percentage Polycab India Ltd is down from its 52 Week High?
Polycab India Ltd (POLYCAB) share price is ₹5152.15. It is down -32.25% from its 52 Week High price of ₹7605
How much percentage Polycab India Ltd is up from its 52 Week low?
Polycab India Ltd (POLYCAB) share price is ₹5152.15. It is up 13.11% from its 52 Week Low price of ₹4555