Polycab India Ltd (POLYCAB)
₹8,907.50
Mkt cap
₹1.34L Cr
P/E ratio
46.80
P/B
11.16
Div yield
0.53%
ROE
23.00%
ROCE
33.20%
EPS (TTM)
₹190.33
Book value
₹798
52W range
6,698–10,083
Sector
Industrials
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.
Health check
Constructive
ValuationExpensive
ProfitabilityStrong
GrowthHigh
TechnicalsNeutral
52-week range
−11.66% from high₹8,908
₹6,698+32.99% from low₹10,083
Current
₹8,907.50
Prev close
₹8,900.00
Day
+0.08%
Price performance
1D
+0.08%
1W
+0.25%
1M
−6.54%
3M
+10.89%
6M
+25.91%
1Y
+29.36%
YTD
+14.23%
Financials
FRevenue, profit & margin
P/E ratio
46.8×
POLYCAB is 80% above the sector median of 26.0×
POLYCAB46.8×
Sector median26.0×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,889 | 4,218 | 4,340 | 5,592 | 4,698 | 5,498 | 5,226 | 6,986 | 5,906 | 6,477 | 7,636 | 8,864 | 8,210 | |
| Expenses | 3,341 | 3,609 | 3,771 | 4,830 | 4,115 | 4,867 | 4,506 | 5,960 | 5,048 | 5,456 | 6,670 | 7,703 | 7,074 | |
| Operating Profit | 549 | 609 | 570 | 762 | 583 | 632 | 720 | 1,025 | 858 | 1,021 | 966 | 1,161 | 1,136 | |
| OPM % | 14% | 14% | 13% | 14% | 12% | 11% | 14% | 15% | 15% | 16% | 13% | 13% | 14% | |
| Other Income | 64 | 35 | 71 | 54 | 58 | 76 | 25 | 48 | 80 | 45 | 50 | 60 | 105 | |
| Interest | 25 | 27 | 32 | 24 | 41 | 45 | 50 | 33 | 51 | 48 | 69 | 75 | 80 | |
| Depreciation | 57 | 60 | 62 | 66 | 67 | 72 | 79 | 80 | 86 | 97 | 106 | 98 | 103 | |
| Profit before tax | 530 | 557 | 546 | 725 | 533 | 590 | 617 | 961 | 801 | 921 | 842 | 1,049 | 1,058 | |
| Tax % | 24% | 23% | 24% | 24% | 25% | 25% | 25% | 24% | 25% | 25% | 25% | 25% | 25% | |
| Net Profit | 403 | 430 | 417 | 553 | 402 | 445 | 464 | 734 | 600 | 693 | 630 | 786 | 797 | |
| EPS in Rs | 26.67 | 28.37 | 27.49 | 36.34 | 26.34 | 29.24 | 30.42 | 48.31 | 39.34 | 45.54 | 41.30 | 51.33 | 52.07 | |
| Raw PDF |
Earnings
EResults dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +0.33% · closed higher next day 14 of last 28
| Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 18 Oct '23◦ | 18 Jan '24◦ | 10 May '24◦ | 18 Jul '24◦ | 17 Oct '24◦ | 22 Jan '25◦ | 6 May '25◦ | 17 Jul '25◦ | 17 Oct '25 | 16 Jan '26 | 6 May '26 | 16 Jul '26 |
| Earnings day | −0.78% | −0.30% | +4.47% | −3.09% | −0.00% | +1.40% | −0.33% | +0.58% | −1.83% | −2.76% | +0.94% | −1.17% |
| +1 day | −2.09% | −2.27% | +2.73% | −4.02% | −3.80% | −4.03% | −2.39% | +2.27% | +1.26% | +1.29% | +7.99% | −4.96% |
| +5 days | −6.78% | −2.03% | +5.53% | −0.06% | −9.34% | −6.10% | +1.27% | −2.20% | −0.90% | −8.21% | +6.60% | −4.18% |
| +15 days | −3.80% | −2.05% | +12.57% | +1.50% | −5.79% | −8.49% | +2.57% | −2.11% | +1.35% | +6.34% | +15.92% | — |
| +30 days | +0.40% | +8.03% | +17.41% | +2.53% | +2.52% | −17.65% | +1.41% | +4.25% | −4.63% | +16.73% | +19.38% | — |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
CLast 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Dividend - Rs 47 Per Share | 47.00 | 19 Jun '26 | 19 Jun '26 |
Shareholding
Sas of Jun 202661.46%Promoter
Promoters61.46%0.04
FIIs19.00%0.79
DIIs7.62%0.33
Public11.92%0.41
Ownership trend
Peers
P7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Polycab India | ₹8,907.50 | 46.84 | 1,34,172 | 0.53% | 797 | +32.46% | 8,210 | +39.01% | 33.21% |
| KEI Industries | ₹4,868.00 | 50.69 | 46,554 | 0.09% | 284 | +25.50% | 3,476 | +19.27% | 20.07% |
| R R Kabel | ₹2,493.60 | 55.97 | 28,215 | 0.38% | 168 | +30.06% | 2,964 | +33.65% | 28.10% |
| Finolex Cables | ₹998.90 | 21.38 | 15,259 | 0.80% | 224 | +17.07% | 1,951 | +22.36% | 16.01% |
| KSH Internationa | ₹888.45 | 54.07 | 6,021 | 0.00% | 35 | +87.16% | 1,018 | +100.52% | 21.36% |
| Laser Power | ₹307.52 | 39.42 | 4,301 | 0.00% | — | — | — | — | 20.51% |
| Universal Cables | ₹1,234.80 | 26.27 | 4,285 | 0.36% | 55 | +11.33% | 840 | +24.66% | 11.68% |
| Median: 19 Co. | ₹307.52 | 25.99 | 1,948 | 0.00% | 20 | +31.26% | 348 | +28.94% | 20.94% |
Filings
DAnnual reports8
Concall transcripts87
TranscriptJul 2026PPTJul 2026RECJul 2026TranscriptMay 2026PPTMay 2026TranscriptJan 2026RECJan 2026PPTJan 2026RECJan 2026TranscriptOct 2025PPTOct 2025RECOct 2025TranscriptJul 2025PPTJul 2025RECJul 2025TranscriptMay 2025RECMay 2025PPTMay 2025RECMay 2025TranscriptJan 2025PPTJan 2025RECJan 2025TranscriptOct 2024PPTOct 2024
Credit ratings6
Announcements5
Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 1mAnnouncement Under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 2d - Disclosure of allotment of Equity shares pursuant to Employee Stock Options Scheme, 2018 of Polycab India LimitedAnnouncement Under Regulation 30 (LODR) - Earnings Call Transcript 20 Jul - Submission of Transcript of Earnings Call held on July 16, 2026Audio Recording Of Earnings Conference Call Q1 FY 26-27 16 Jul - Audio recording of Q1 FY2027 earnings conference call uploaded after July 16, 2026 discussion.Unaudited Interim Condensed (Standalone Qnd Consolidated) Financial Statements For The Quarter Ended June 30, 2026 16 Jul - Board approved unaudited Q1 FY27 standalone and consolidated results on July 16, 2026.