POLYCAB INDIA LIMITED·CABLES 87.47·Industrial Products Companies

Price

9,531

-1.67%
O:9700
H:9753.5
L:9516.5
C:9531

52W Range

634610126
+50%/-6%

Market Cap

₹1,43,489.69 Cr

Traded: ₹391.75 Cr (0.27%) 0.0x

Free Float: ₹13,416.29 Cr (2.92% of FF traded)

Volume · 60D trend

4.08 L 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:-2% 3M:+20% 6M:+23% 12M:+26%

Valuation

P/E53.7
P/B11.9
P/S5.0
EV/EBIT25.3

Business Strength

ROE21.4%
ROCE29.7%
OPM13.9%
NPM9.4%

Growth (3Y CAGR)

EPS+32.2%
Sales+27.0%
Profit+30.0%
3Y Return+36.0%

Balance Sheet

Debt/Equity0.0
Debt236 Cr
Pledge0.0%
CWIP/Fixed Asset30.5%

Cash Position

CFO/NP--
FCF853 Cr
FCF 3Y Avg2,144 Cr
Cash/MCap1.0%

Others

Div Yield0.5%
Div Payout26.0%
Cash Conv. Cycle114 days
Tradeable Free Float9.3%

MTF Exposure Trend

60 sessions · funded amount, % of FF, daily delta

Current
₹ 106.51 Cr
0.79% FF
60d high
₹ 151.39 Cr
60d low
₹ 58.88 Cr
60d mean
₹ 98.11 Cr
vs mean
▲ 8.57%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
Sales
+19.0%
+27.0%
+27.0%
--
+29.0%
Stable
Profit
+31.0%
+25.0%
+30.0%
--
+38.0%
Accelerating
Return
--
+42.0%
+36.0%
+42.0%
--
Stable
ROE
+21.0%
+22.0%
+23.0%
--
--
Accelerating

Quarterly Results

Mar 2026

6 May
Rev
8.9K Cr
+27% YoY+16% QoQ
OPM13.0%
NPM8.9%
PAT
+6% YoY786 Cr
EPS
+6% YoY51.3

Dec 2025

16 Jan
Rev
7.6K Cr
+46% YoY+18% QoQ
OPM13.0%
NPM8.3%
PAT
+36% YoY630 Cr
EPS
+36% YoY41.3

Sep 2025

Rev
6.5K Cr
+18% YoY+10% QoQ
OPM16.0%
NPM10.7%
PAT
+56% YoY693 Cr
EPS
+56% YoY45.5

Jun 2025

Rev
5.9K Cr
+26% YoY-15% QoQ
OPM15.0%
NPM10.2%
PAT
+50% YoY600 Cr
EPS
+49% YoY39.3

Mar 2025

Rev
7.0K Cr
+25% YoY+34% QoQ
OPM15.0%
NPM10.5%
PAT
+33% YoY734 Cr
EPS
+33% YoY48.3

Dec 2024

Rev
5.2K Cr
+20% YoY-5% QoQ
OPM14.0%
NPM8.9%
PAT
+11% YoY464 Cr
EPS
+11% YoY30.4

Sep 2024

Rev
5.5K Cr
+30% YoY+17% QoQ
OPM11.0%
NPM8.1%
PAT
+3% YoY445 Cr
EPS
+3% YoY29.2

Jun 2024

Rev
4.7K Cr
+21% YoY-16% QoQ
OPM12.0%
NPM8.6%
PAT
-1% YoY402 Cr
EPS
-1% YoY26.3

Mar 2024

Rev
5.6K Cr
+29% YoY+29% QoQ
OPM14.0%
NPM9.9%
PAT
+28% YoY553 Cr
EPS
+28% YoY36.3

Dec 2023

Rev
4.3K Cr
+17% YoY+3% QoQ
OPM13.0%
NPM9.6%
PAT
+15% YoY417 Cr
EPS
+15% YoY27.5

Sep 2023

Rev
4.2K Cr
--+8% QoQ
OPM14.0%
NPM10.2%
PAT
+59% YoY430 Cr
EPS
--28.4

Jun 2023

Rev
3.9K Cr
---10% QoQ
OPM14.0%
NPM10.4%
PAT
+82% YoY403 Cr
EPS
--26.7

Mar 2023

Rev
4.3K Cr
--+16% QoQ
OPM14.0%
NPM9.9%
PAT
+32% YoY429 Cr
EPS
--28.4

Dec 2022

Rev
3.7K Cr
----
OPM14.0%
NPM9.7%
PAT
+45% YoY361 Cr
EPS
--23.9

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity0.02
Interest Coverage--x
Promoter Pledge0.0%
Borrowings236 Cr

Efficiency

Receivable Days48 days
Inventory Days99 days
Payable Days32 days
Cash Conversion cycle114 days

Cash Position

Operating Cash Flow--
Investing Cash Flow--
Financing Cash Flow--
Free Cash Flow853 Cr

Detailed Financials

Mar 2026
Dec 2025
Sep 2025
Jun 2025
Mar 2025
Dec 2024
Sep 2024
Jun 2024
Mar 2024
Dec 2023
Sep 2023
Jun 2023
Mar 2023
Dec 2022
Sales8,8647,6366,4775,9066,9865,2265,4984,6985,5924,3404,2183,8894,3243,715
Expenses7,7036,6705,4565,0485,9604,5064,8674,1154,8303,7713,6093,3413,7213,212
Operating Profit1,1619661,0218581,025720632583762570609549603503
OPM %13.0%13.0%16.0%15.0%15.0%14.0%11.0%12.0%14.0%13.0%14.0%14.0%14.0%14.0%
Other Income6050458048257658547135645240
Interest756948513350454124322725289
Depreciation98106978680797267666260575352
Profit Before Tax1,049842921801961617590533725546557530573481
Tax %25.0%25.0%25.0%25.0%24.0%25.0%25.0%25.0%24.0%24.0%23.0%24.0%25.0%25.0%
Net Profit786630693600734464445402553417430403429361
Exceptional Items----------------------------
EPS (Rs)51.341.345.539.348.330.429.226.336.327.528.426.728.423.9
Sales Growth (YoY)26.9%46.1%17.8%25.7%24.9%20.4%30.4%20.8%29.3%16.8%--------
Sales Growth (QoQ)16.1%17.9%9.7%-15.5%33.7%-5.0%17.0%-16.0%28.9%2.9%8.5%-10.1%16.4%--
OP Growth (YoY)13.3%34.2%61.6%47.2%34.5%26.3%3.8%6.2%26.4%13.3%--------
OP Growth (QoQ)20.2%-5.4%19.0%-16.3%42.4%13.9%8.4%-23.5%33.7%-6.4%10.9%-9.0%19.9%--
Profit Growth (YoY)6.0%36.0%56.0%50.0%33.0%11.0%3.0%-1.0%28.0%15.0%59.0%82.0%32.0%45.0%
EPS Growth (YoY)6.3%35.8%55.8%49.4%32.9%10.7%3.1%-1.2%28.1%15.1%--------
EPS Growth (QoQ)24.3%-9.3%15.8%-18.6%58.8%4.0%11.0%-27.5%32.2%-3.1%6.4%-6.0%18.8%--
OP Margin13.1%12.7%15.8%14.5%14.7%13.8%11.5%12.4%13.6%13.1%14.4%14.1%13.9%13.5%
Net Margin8.9%8.3%10.7%10.2%10.5%8.9%8.1%8.6%9.9%9.6%10.2%10.4%9.9%9.7%
Material Cost %--72.0%69.0%70.0%69.0%69.0%71.0%69.0%69.0%70.0%72.0%73.0%74.0%73.0%
Employee Cost %--3.0%4.0%4.0%3.0%4.0%3.0%3.0%3.0%3.0%4.0%3.0%3.0%3.0%
P/S4.974.65------------------------
P/E53.6947.78------------------------
P/B11.9511.85------------------------

Shareholding Pattern

Shareholders:3.6L (+15.6%)
Current MixMar 2026

Exchange Filings

50
Company Update25 Jun 2026

Disclosure under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015

Company Update23 Jun 2026

Intimation of Institutional Investor(s)/Analyst(s) meet

Company Update22 Jun 2026

Intimation of Institutional Investor(s)/Analyst(s) meet

Company Update18 Jun 2026

Intimation of Institutional Investor(s)/Analyst(s) meet

Company Update16 Jun 2026

Disclosure of allotment of Equity shares pursuant to Employee Stock Options Scheme, 2018 of Polycab India Limited

Company Update15 Jun 2026

Intimation of Institutional Investor(s)/Analyst(s) meet

Company Update12 Jun 2026

Intimation of Institutional Investor(s)/Analyst(s) meet

Company Update11 Jun 2026

Intimation of Institutional Investor(s)/Analyst(s) meet

Company Update10 Jun 2026

Intimation of Institutional Investor(s)/Analyst(s) meet

Others09 Jun 2026

Submission of BRSR Report for FY 2025-26

Others09 Jun 2026

Integrated Annual Report FY 2025-26

Company Update09 Jun 2026

Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 - Letter to the shareholders

Company Update09 Jun 2026

Intimation of Institutional Investor(s)/Analyst(s)

Company Update09 Jun 2026

Newspaper Publication - Disclosure under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015

AGM/EGM08 Jun 2026

AGM Notice FY 2025-26

AGM/EGM08 Jun 2026

Integrated Annual Report FY 2025-26

Company Update02 Jun 2026

Intimation of Institutional Analyst(s)/Investor(s) meet

Company Update30 May 2026

Newspaper Publication regarding Public Notice published prior to sending the Notice of AGM and Annual Report

Company Update29 May 2026

Submission of Annual Secretarial Compliance Report for the Financial Year ended March 31, 2026.

Company Update25 May 2026

Intimation of Institutional Analyst(s)/Investor(s) meet

Company Update22 May 2026

Disclosure of allotment of Equity shares pursuant to Employee Stock Options Scheme, 2018 of Polycab India Limited

Company Update19 May 2026

Intimation of Institutional Analyst(s)/Investor(s) meet

Company Update19 May 2026

Update on Intimation of Institutional Analyst(s)/Investor(s) meet

Company Update18 May 2026

Intimation of Institutional Analyst(s)/Investor(s) meet

Company Update14 May 2026

Intimation of Institutional Analyst(s)/Investor(s) meet

AGM/EGM11 May 2026

Scrutinizer''s Report on Postal ballot.

Company Update08 May 2026

Submission of Transcript of Earnings Call held on May 06, 2026

Company Update07 May 2026

Disclosure of allotment of equity shares pursuant to Employee Stock Options Scheme, 2018 of Polycab India Limited

Company Update06 May 2026

Submission of Audio recording of earnings conference call

Company Update06 May 2026

Submission of audited Financial Statement for the Financial Year ended March 31, 2026

Company Update06 May 2026

Redesignation / change in SMP

Company Update06 May 2026

Extension of tenure of CFO - Mr. Niyant Maru

Company Update06 May 2026

Re-appointment of Cost Auditors for the FY 2026-27

Board Meeting06 May 2026

With reference to the captioned subject, please be informed that the Board of Directors of the Company at its meeting held today i.e. 06th May 2026, inter alia considered and approved the ....

Company Update06 May 2026

Re-appointment of Internal Auditor for the FY 2026-27

Company Update06 May 2026

Earnings Presentation for the Audited Financial Results for the quarter and year ended 31 March 2026

Corp. Action06 May 2026

Recommendation of Dividend @470% i.e. Rs. 47/- per equity share for the FY 2025-26 subject to the approval of members at the ensuing AGM.

Company Update06 May 2026

Corporate Presentation for the Audited Financial Results for the quarter and year ended 31 March 2026

Company Update06 May 2026

Press Release

Result06 May 2026

Audited Financial Results for the year ended 31.03.2026

Company Update28 Apr 2026

Intimation of Earnings Conference Call invite for the fourth quarter ended March 31, 2026

Company Update25 Apr 2026

Please be informed that Polycab India Limited has incorporated a WOS under the name and style as "Polycon Infra Projects Private Limited" and received the Certificate of Incorporation from ....

Board Meeting24 Apr 2026

Polycab India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/05/2026 ,inter alia, to consider and approve the Audited Standalone and Consolidated ....

AGM/EGM10 Apr 2026

Postal Ballot Notice

Company Update10 Apr 2026

Disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for the Financial Year ended March 31, 2026

Company Update04 Apr 2026

Disclosure of allotment of equity shares pursuant to Employee Stock Options Scheme, 2018 of Polycab India Limited

Company Update03 Apr 2026

Re-appointment of Ms. Sutapa Banerjee (DIN: 02844650) and Mr. Bhaskar Sharma (DIN: 02871367) as the Independent Directors of the Company.

Insider Trading / SAST27 Mar 2026

Intimation of Closure of Trading Window pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015

Company Update27 Mar 2026

Intimation of Effective date of Amalgamation

Company Update20 Mar 2026

Intimation of Institutional Analyst(s)/Investor(s) meet

Annual Reports

7

2025

2024

2023

2022

2021

2020

2019

Credit Ratings

6
crisilRating update
17 Nov 2025Report
fitchRating update
01 Aug 2025Report
crisilRating update
14 Oct 2024Report
fitchRating update
17 Jul 2024Report
fitchRating update
18 Jan 2024Report
crisilRating update
02 Jan 2024Report

Concalls

45

Jan 2026

31 Jan 2026

Jan 2026

31 Jan 2026

Jan 2026

31 Jan 2026

Oct 2025

31 Oct 2025

Jul 2025

31 Jul 2025

May 2025

31 May 2025

May 2025

31 May 2025

Jan 2025

31 Jan 2025

Oct 2024

31 Oct 2024

Jul 2024

31 Jul 2024

May 2024

31 May 2024

Jan 2024

31 Jan 2024

Oct 2023

31 Oct 2023

Jul 2023

31 Jul 2023

May 2023

31 May 2023

Jan 2023

31 Jan 2023

Oct 2022

31 Oct 2022

Oct 2022

31 Oct 2022

Jul 2022

31 Jul 2022

May 2022

31 May 2022

Feb 2022

28 Feb 2022

Jan 2022

31 Jan 2022

Jan 2022

31 Jan 2022

Oct 2021

31 Oct 2021

Oct 2021

31 Oct 2021

Aug 2021

31 Aug 2021

Jul 2021

31 Jul 2021

Jun 2021

30 Jun 2021

Jan 2021

31 Jan 2021

Dec 2020

31 Dec 2020

Oct 2020

31 Oct 2020

Jul 2020

31 Jul 2020

Jun 2020

30 Jun 2020

Jan 2020

31 Jan 2020

Oct 2019

31 Oct 2019

Jul 2019

31 Jul 2019

Jun 2019

30 Jun 2019

Jun 2019

30 Jun 2019

Jun 2019

30 Jun 2019

Jun 2019

30 Jun 2019

Jun 2019

30 Jun 2019

May 2019

31 May 2019

May 2019

31 May 2019

May 2019

31 May 2019

May 2019

31 May 2019

Held by ETFs

38 ETFs hold POLYCAB · sorted by weight

#ETFWeight %
1

ALPHAETF

MIRAEAMC - ALPHAETF

3.94%
2

MIDQ50ADD

DSPAMC - DSPQ50ETF

3.34%
3

QUALITY30

KOTAKMAMC - QUALITY30

3.09%
4

AONETMMQ50

AONEAMC - AONETMMQ50

3.00%
5

NIFTYQLITY

BIRLASLAMC - NIFTYQLITY

3.09%
6

SBIETFQLTY

SBIAMC - SBIETFQLTY

3.09%
7

ALPHA

KOTAKMAMC - KOTAKALPHA

2.62%
8

MOALPHA50

MOTILALAMC - MOALPHA50

2.61%
9

MOMIDMTM

MOTILALAMC - MOMIDMTM

1.84%
10

MIDCAP

KOTAKMAMC - KOTAKMID50

2.24%
11

MIDSMALL

MIRAEAMC - MIDSMALL

1.92%
12

MOM100

MOTILAL OS MIDCAP100 ETF

1.50%
13

SBIMIDMOM

SBIAMC - SBIMIDMOM

1.83%
14

LICNMID100

LICNAMC - LICNMID100

1.50%
15

MIDCAPETF

MIRAEAMC - MAM150ETF

1.24%
16

MID150BEES

NIP IND ETF MIDCAP 150

1.25%
17

MIDCAPADD

DSPAMC - MIDCAPADD

1.24%
18

MIDCAPIETF

ICICIPRAMC - ICICIM150

1.24%
19

MIDCAPBETA

UTIAMC-MIDCAPBETA

1.24%
20

MID150

KOTAKMAMC - MID150

1.24%
21

SBINMID150

SBIAMC - SBINMID150

1.24%
22

HDFCMID150

HDFCAMC - HDFCMID150

1.24%
23

MOMGF

MOTILALAMC - MOMGF

1.02%
24

MID150CASE

ZERODHAAMC - MID150CASE

1.24%
25

GROWWMC150

GROWWAMC - GROWWMC150

1.23%
26

MANUFGBEES

NIPPONAMC - MANUFGBEES

1.02%
27

MAKEINDIA

MIRAEAMC - MAMFGETF

1.02%
28

ELM250

EDELAMC - ELM250

0.65%
29

EQUAL200

MIRAEAMC - EQUAL200

0.59%
30

MSCIINDIA

KOTAKMAMC - MSCIINDIA

0.39%
31

ABSLMSCIN

BIRLASLAMC - ABSLMSCIN

0.38%
32

MULTICAP

MIRAEAMC - MULTICAP

0.31%
33

BSE500IETF

ICICIPRAMC - ICICI500

0.27%
34

MSCIADD

DSPAMC - MSCIADD

0.38%
35

GROWWN200

GROWWAMC - GROWWN200

0.30%
36

HDFCBSE500

HDFCAMC - HDFCBSE500

0.26%
37

AONETOTAL

AONEAMC - AONETOTAL

0.25%
38

MONIFTY500

MOTILALAMC - MONIFTY500

0.26%

Held by Mutual Funds

5 schemes hold POLYCAB · sorted by weight

#SchemeWeight %
1

HSBC Infrastructure Fund

HSBC Mutual Fund

1.71%
2

HSBC Small Cap Fund

HSBC Mutual Fund

1.65%
3

HSBC Large and Mid Cap Fund

HSBC Mutual Fund

1.74%
4

HSBC Large Cap Fund

HSBC Mutual Fund

2.70%
5

HSBC Multi Asset Allocation Fund

HSBC Mutual Fund

0.53%