Polycab India Ltd Share Price
(POLYCAB)
₹5319▲1.32%
as on 11:20AM, 16 Apr 2025
Polycab Performance
Day's Low
Day's High
₹5,222.5Day's Price Range₹5,33552 Week's Low
52 Week's High
₹4,55552-Week Price Range₹7,605
| Returns % | |
| 1 Month Return | + 4.58 % |
| 3 Month Return | -21.24 % |
| 1 Year Return | -0.34 % |
| Market Stats | |
| Previous Close | ₹5,249.50 |
| Open | ₹5,316.00 |
| Volume | 1.90L |
| Upper Circuit | ₹5,774.00 |
| Lower Circuit | ₹4,725.00 |
| Market Cap | ₹78,966.86Cr |
Polycab Fundamentals
P/E Ratio
42.89
PEG Ratio
3.74
Market Cap
₹78,966.86 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 ₹6738.57
Source: S&P Global Market Intelligence
Polycab Share analysis
Polycab price forecast by 28 analysts
Upside of28.37%
High
₹8326
Target
₹6738.57
Low
₹3780
Polycab target price ₹6738.57, a slight upside of 28.37% compared to current price of ₹5319. According to 28 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Polycab revenue growth forecast
Expected growth rate Q1, FY2027:67.63%
Forecast
Actual
Including amortisation and stock based compensations
Polycab EPS growth forecast
EPS estimate Q1, FY2027:55.13%
Forecast
Actual
Source: S&P Global Market Intelligence
Key events for Polycab India Ltd
Polycab India Reports Strong Q3 FY25 Results - 08 Apr, 2025
Polycab India Ltd reported a revenue of Rs 5,226 crore in Q3 FY25, a 20% increase from Q3 FY24. Net profit rose by 11% to Rs 464 crore. The stock is currently trading at Rs 4,971.80, up 9% from its 52-week low.Polycab Faces Rs 8.53 Crore Tax Demand - 02 Apr, 2025
Polycab India Ltd has received an assessment order from the Income Tax Department, Mumbai, demanding Rs 8.53 crore for disallowed expenditures and additions for FY23.Polycab India Shares Hit 52-Week Lows - 31 Mar, 2025
Following Adani Enterprises' entry into the wires and cable segment, share prices of Polycab India and KEI Industries fell to 52-week lows on March 20, 2025.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.
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
MF Holding Up
Mutual Funds have increased holdings from 7.68% to 8.67% in Dec 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, Blue Star Ltd has given 245.6% return, outperforming this stock by 147.3%
- NO EFFECT
Against Peers
In the last 1 year, Blue Star Ltd has given 43.9% return, outperforming this stock by 48.1%
NEGATIVE IMPACTRetail 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
FII Holding Down
Foreign Institutions have decreased holdings from 13.48% to 12.75% in Dec 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 6 months, POLYCAB stock has moved down by -32.0%
- 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
Polycab News
Market Sell-Off Continues Amid Global Trade Tensions
Jubilant FoodWorks fell 4.24%. The companys consolidated revenue from operations was at Rs 2,107 crore in Q4 FY25, jumped 33.9% year-on-year. The firm added that Dominos India like-for-like (LFL) growth came in at 12.1%, while Dominos Turkey LFL growth (post-IAS-29) came in at 0.9%.07 Apr, 2025 01:41 PMPost Market Crash: Focus on Domestic Sectors and RBI Rate Cuts
the numbers coming out of a jewellery company like Kalyan despite high gold prices or Jubilant FoodWorks or Trent or Nykaa – seem to indicate robust domestic demand conditions.07 Apr, 2025 11:31 AMJubilant FoodWorks Reports 40% YoY Revenue Growth in Q4 FY25
Jubilant FoodWorks said that the companys consolidated revenue from operations was at Rs 2,107 crore in Q4 FY25, jumped 33.9% year-on-year. The companys standalone revenue from operations advanced 19.1% YoY to Rs 1,587.2 crore in Q4FY25. The firm added that Dominos India like-for-like (LFL) growth came in at 12.1%, while Dominos Turkey LFL growth (post-IAS-29) came in at 0.9%. As of the quarters end, the JFL Group network reached 3,316 stores, with a net addition of 56 stores during the quarter. Dominos India opened 52 net new stores, ending the quarter with 2,179 stores, while Dominos Turkey opened 8 net new stores, ending the quarter with 746 stores. The companys consolidated net profit from continuing operations plunged 24.47% to Rs 496.31 crore in Q3 FY25 as compared with Rs 657.09 crore in Q3 FY24. However, revenue from operations jumped 56.07% YoY to Rs 2,150.76 crore in Q3 FY25. Shares of Jubilant FoodWorks declined 3.21% to currently trade at Rs 658 on the BSE.07 Apr, 2025 11:27 AMPolycab 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 (42.89x)
April 15, 2025
Industry (44.20x)
April 15, 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 0.95%.
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 | ₹78,966.86 Cr | 124.01% | 0.51 | ₹1,802 Cr | ₹18,039 Cr | |
| HOLD | ₹29,937.29 Cr | 25.37% | 0.53 | ₹1,136 Cr | ₹4,853 Cr | |
| BUY | ₹80,961.80 Cr | 129.86% | 0.52 | ₹1,720 Cr | ₹9,000 Cr | |
| HOLD | ₹77,232.17 Cr | 184.42% | 0.71 | ₹282 Cr | ₹23,892 Cr | |
| BUY | ₹1,11,177.73 Cr | 96.57% | 0.50 | NA | NA |
About Polycab
Incorporated in 1996, Polycab India Limited is a leading manufacturer in the electrical sector. The company specializes in cables and wires and has expanded into fast-moving electrical goods (FMEG). Headquartered in Mumbai, Maharashtra, Polycab offers a range of products, including power cables, control cables, flexible wires, and FMEG products such as fans, LED lighting, switches, and solar solutions.
Polycab operates primarily in India but has extended its reach to countries across Asia, Africa, the Middle East, Europe, and America.
History of Polycab
In 1964, the Jaisinghani family started Thakur Industries, a small cable manufacturing company, which later, in 1983, registered as Polycab Industries. In 1996, it incorporated as Polycab Wires Private Limited.
In 1998, the company set up a facility at Daman for PVC-insulated power cables, house wires, telephone cables, optical fibre cables, switchboard cables, and quad cables.
Key milestones:
- Entered FMEG with switches in 2013 and fans/LEDs in 2014.
- Went public in 2019 with a ₹1,345 crore IPO, oversubscribed 52 times.
- Launched HOHM IoT solutions in 2020 for smart homes.
- Ranked 161st in the Fortune India 500 (2023) with ₹14,206 crore revenue.
- In 2023, achieved a 26% market share in wires and cables.
Business and Offerings of Polycab
- Wires and Cables: Polycab is the largest manufacturer of wires and cables in India, with 10,600+ SKUs. In FY24, the company made around ₹15,892 crore in revenue from this vertical.
- FMEG: The company offers 6,000+ SKUs in the vertical, including electric fans, LED lighting, switches, switchgear, solar products, water heaters, and home automation solutions. In FY24, it made ₹1,283 crore in revenue from FMEG.
EPC and others: Policab also provides engineering, procurement, and construction services for power distribution and rural electrification.
| 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 ₹5319, Open: ₹5316, Previous Close: ₹5249.5, High: ₹5335, Low: ₹5222.5, 52 Week High: ₹7605, 52 Week Low: ₹4555.
How to Buy Polycab India Ltd Share in India?
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What are today's traded volumes of Polycab India Ltd?
Today's traded volume of Polycab India Ltd(POLYCAB) is 1.90L.
What is today's market capitalisation of Polycab India Ltd?
Today's market capitalisation of Polycab India Ltd(POLYCAB) is ₹78966.86Cr.
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 ₹5319. It is down -30.06% 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 ₹5319. It is up 16.77% from its 52 Week Low price of ₹4555
How does Polycab generate revenue?
Polycab primarily manufactures and distributes wires and cables along with offering electric fans, LED lighting, switches, switchgear, solar products, water heaters, home automation solutions, and more.
What is the total asset of Polycab?
Polycab booked total assets of ₹12,066 crore in FY24.
Is Polycab profitable?
Yes, Polycab is profitable and reported ₹1,803 crore profits with a net profit margin of 9.62% during FY24.
What returns has Polycab generated in the last 3 years?
Polycab share price has gone up 24.4% and 46.3% in the last three years and five years, respectively, as of March 26, 2025.