Polycab Share Price
(POLYCAB)
₹5756.25▲2.79%
as on 04:01PM, 20 Feb 2025
Polycab Performance
Day's Low
Day's High
₹5,550.4Day's Price Range₹5,783.8552 Week's Low
52 Week's High
₹4,635.0552-Week Price Range₹7,605
| Returns % | |
| 1 Month Return | -17.74 % |
| 3 Month Return | -12.61 % |
| 1 Year Return | + 18.34 % |
| Market Stats | |
| Previous Close | ₹5,600.10 |
| Open | ₹5,574.00 |
| Volume | 2.89L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹84,236.94Cr |
Polycab Key Statistics
P/E Ratio
45.76
PEG Ratio
3.99
Market Cap
₹84,236.94 Cr
P/B Ratio
9.35
EPS
120.01
Dividend Yield
0.59
Sector
Cables
ROE
24
Polycab Mutual Fund Holdings
Polycab Analyst Rating
based on 29 analysts
76.67%
Buy
6.67%
Hold
16.67%
Sell
Based on 29 analysts offering long term price targets for Polycab. An average target of ₹7400.41
Source: S&P Global Market Intelligence
Polycab Share analysis
Polycab price forecast by 29 analysts
Upside of32.15%
High
₹9000
Target
₹7400.41
Low
₹4750
Polycab target price ₹7400.41, a slight upside of 32.15% compared to current price of ₹5756.25. According to 29 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Polycab revenue growth forecast
Expected growth rate Q1, FY2027:67.55%
Forecast
Actual
Including amortisation and stock based compensations
Polycab EPS growth forecast
EPS estimate Q1, FY2027:56.03%
Forecast
Actual
Source: S&P Global Market Intelligence
Key events for Polycab India Ltd
Polycab India Reports Strong Growth and Ratings - 19 Feb, 2025
Polycab India Ltd received a Buy rating from Goldman Sachs with a target of ₹6,510. The company reported significant revenue and profit growth in Q3FY25, driving a 3.1% surge in stock price.Polycab India Enhances Electrical Integrity Training - 17 Feb, 2025
Polycab India Limited emphasizes the importance of electrical integrity in real estate, training nearly 10,000 electricians this year and expanding its network to 150,000 trained professionals.Polycab India Aims for Aggressive Growth in FMEG Sector - 25 Jan, 2025
Polycab India plans to grow at 1.5 times the industry rate in wires and cables and double the rate in fast-moving electrical goods over the next five years. The company expects a CAGR of 27% driven by strong demand, supported by its transformation initiative, Project Spring.Polycab Reports Growth Amid Positive Brokerage Outlook - 24 Jan, 2025
Polycab India Ltd reported a 13.13% increase in December 2024 net sales. Brokerages remain bullish, with target prices suggesting significant upside potential amid strong revenue growth in Q3FY25.Polycab India Reports Strong Q3 Results, Shares Surge - 23 Jan, 2025
Polycab India Ltd reported robust Q3 results with a 20.4% revenue increase and an 11.49% rise in net profit. Brokerages maintain bullish ratings, projecting significant upside potential despite recent market challenges. The company's shares surged as it exceeded its five-year revenue target, reflecting strong performance across segments.Polycab Reports Q3 Earnings; Shares Decline Significantly - 22 Jan, 2025
Polycab India reported strong Q3 results with net profit rising to ₹464 crore and revenue at ₹5,226 crore. However, shares fell significantly due to revenue misses and profit booking, declining 12% over two days. The company achieved its highest-ever quarterly revenue but faced market volatility.Polycab Promoter Invests in Telawne Power Equipments - 21 Jan, 2025
Ramesh Jaisinghani, promoter of Polycab India, has invested Rs 20 crore in Telawne Power Equipments, enhancing the company's strategic positioning in the transformer solutions market.
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 IMPACTProfit 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
- POSITIVE IMPACT
Price Rise
In the last 7 days, POLYCAB stock has moved up by 0.9%
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 7.68% to 8.67% in Dec 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, Blue Star Ltd has given 47.5% return, outperforming this stock by 29.2%
- NO EFFECT
Against Peers
In the last 3 years, Blue Star Ltd has given 257.9% return, outperforming this stock by 122.7%
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 14.10% to 13.53% in Dec 2024 quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 13.48% to 12.75% 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
Promoter Holding Down
Promoters have decreased holdings from 63.06% to 63.05% in Dec 2024 quarter
News
Market’s Pain Nearing Its End; Expect Revival in Broader Market
I do not think that names where you have seen a massive 30-40-50% kind of a correction, something like a Trent or a Dixon or a Polycab.20 Feb, 2025 10:30 AMGoldman Sachs Identifies Attractive Entry Levels for Polycab and KEI Industries
Polycab India Limited is Indias largest manufacturer of Wires and Cables and one of the fastest growing FMEG companies. PILs business operations span across India through 28 manufacturing facilities, 13 offices and 29 warehouses. It has also served customers in 79 countries globally. The international brokerage Goldman Sachs says the recent correction seen in the Cables and Wires segments offers an opportunity for fresh entry into the sector. The brokerage retained its Buy rating on Polycab India shares, with a target price of Rs 6,510. International Brokerage Macquarie has given Polycab an outperform rating, setting a target price of Rs 7,928 per share. The company has provided its 5-year guidance in a press release. It expects its Wires and Cables segments to grow 1.5x the market rate, with an 11-13 percent increase in EBITDA and over 10 percent contribution from exports. The FMEG business is projected to grow 1.5x to 2x the market, with an 8-10 percent EBITDA growth. For cash flow, the company anticipates a Capex of Rs 60 to 80 billion and a dividend payout ratio of more than 30 percent. The company reported an increase of 20.4 percent YoY growth in their Revenue from operations from Rs 4,340 Crores in Q3FY24 to Rs 5,226 Crores in Q3FY25. Their Net Profit increased by 11.4 percent YoY from Rs 416.5 Crores to Rs 464 Crores over the same period. On the operating level, their EBITDA was at Rs 720 Crores in Q3FY25 with a 26 percent YoY growth. The shares of Polycab India Ltd, with a total market capitalization of Rs 84,235.43 Crores on Wednesday, were trading at Rs 5,600 per share which was 3 percent higher than the previous closing price of Rs 5,436.90. The shares of Polycab India Ltd generated strong returns of 136 percent in the past three years, and a return of 421 percent in the past 5 years.19 Feb, 2025 05:18 PMPolycab India Shares Surge on Goldman Sachs Buy Rating and Strong Q3 Results
Polycab India Ltd witnessed a surge of over 3% in its stock price after Goldman Sachs (GS) reaffirmed its Buy rating on the company. The global investment firm set a target price of ₹6,510 per share, driven by rising demand in the wire and cable industry. Polycab India Ltd has reported strong financial performance for the third quarter of FY25, showcasing impressive year-on-year growth in revenue and operational efficiency. The companys revenue from operations surged to ₹5,226 crore, marking a 20.4% increase compared to ₹4,340 crore in Q3FY24. The companys EBITDA grew significantly by 26.5% YoY to ₹721 crore, with the EBITDA margin expanding to 13.8%, up from 13% in the previous year. This improvement highlights better operational efficiencies, despite rising material costs. However, net profit showed only a modest increase of 0.7% YoY, reaching ₹464.3 crore compared to ₹461 crore in the same period last year. Segment-wise, the wires and cables division remained the primary revenue driver, generating ₹43,846.34 million in Q3FY25. While the segment witnessed a quarter-on-quarter dip of 7.10%, its profitability remained strong. The FMEG segment recorded a revenue of ₹4,231.76 million, reflecting a 6.46% QoQ growth, and showed improvement in reducing losses. Meanwhile, the Others category saw a decline in revenue, contributing ₹4,983.97 million, down 14.83% QoQ. Despite a 6.56% sequential dip in total revenue, Polycab Indias strong year-on-year growth highlights its resilience and market demand.19 Feb, 2025 12:32 PMPolycab Financials
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 (45.76x)
February 19, 2025
Industry (49.36x)
February 19, 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 0.89%.
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 | ₹84,236.94 Cr | 78.41% | 0.51 | ₹1,802 Cr | ₹18,039 Cr | |
| HOLD | ₹32,151.93 Cr | 16.07% | 0.53 | ₹1,136 Cr | ₹4,853 Cr | |
| BUY | ₹74,575.12 Cr | 76.99% | 0.52 | ₹1,720 Cr | ₹9,000 Cr | |
| HOLD | ₹67,931.57 Cr | 91.16% | 0.71 | ₹282 Cr | ₹23,892 Cr | |
| HOLD | ₹1,08,578.67 Cr | 63.25% | 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.
Share Price: ₹5756.25 per share as on 20 Feb, 2025 04:01 PM
Market Capitalisation: ₹84,236.94Cr as of today
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 ₹5756.25, Open: ₹5574, Previous Close: ₹5600.1, High: ₹5783.85, Low: ₹5550.4, 52 Week High: ₹7605, 52 Week Low: ₹4635.05.
How to Buy Polycab India Ltd Share in India?
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Is Polycab India Ltd listed on NSE?
Polycab India Ltd is listed on NSE
Is Polycab India Ltd listed on BSE?
Polycab India Ltd is listed on BSE
What are today's High and Low prices of Polycab India Ltd?
- Today's highest price of Polycab India Ltd is ₹5783.85.
- Today's lowest price of Polycab India Ltd is ₹5550.4.
What are today's traded volumes of Polycab India Ltd?
Today's traded volume of Polycab India Ltd(POLYCAB) is 2.89L.
What is today's market capitalisation of Polycab India Ltd?
Today's market capitalisation of Polycab India Ltd(POLYCAB) is ₹84236.94Cr.
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 ₹5756.25. It is down -24.31% 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 ₹5756.25. It is up 24.19% from its 52 Week Low price of ₹4635.05
What are the historical returns of Polycab India Ltd?
What is the PE ratio of Polycab India Ltd today?
PE Ratio of Polycab India Ltd is 45.76
PE ratio = Polycab India Ltd Market price per share / Polycab India Ltd Earnings per share