Polycab India

Who are the top shareholders of the Polycab India?

The top shareholders of Polycab India include promoter Inder T Jaisinghani with 12.05%, 31 mutual funds holding 8.28%, 574 foreign institutional investors at 11.11%, and individual investors owning 12.88%. The Motilal Oswal Innovation Opportunities Fund is the largest public shareholder with 3.49%.

The top shareholders of Polycab India include the promoters, who hold the majority of the shares. The promoter with the highest holding is Inder T Jaisinghani, owning 12.05%. Additionally, institutional investors are represented by 31 mutual funds, which collectively hold 8.28%, and 574 foreign institutional investors (FIIs) with a holding of 11.11%. Among public shareholders, the highest is the Motilal Oswal Innovation Opportunities Fund, which holds 3.49%. Individual investors also have a significant presence, owning 12.88% of the shares.

When is the next results date for Polycab India?

No Upcoming Board Meetings

Has Polycab India declared dividend?

Yes, Polycab India Ltd has declared a 300% dividend, amounting to ₹30 per share, with an ex-date of July 9, 2024. While recent total returns have been negative, the company has shown substantial growth over longer periods.

Polycab India Ltd has declared a 300% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 300%<BR>- Amount per share: 30<BR>- Ex-date: 09 Jul 24<BR><BR>Dividend Yield: 0.5%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -17.03%, the dividend return was 0%, resulting in a total return of -17.03%.<BR><BR>Over the past year, the price return was -11.45%, with a dividend return of 0.43%, leading to a total return of -11.02%.<BR><BR>In the 2-year period, the price return was 68.97%, the dividend return was 0.85%, culminating in a total return of 69.82%.<BR><BR>For the 3-year period, the price return was 147.55%, the dividend return was 1.41%, resulting in a total return of 148.96%.<BR><BR>In the last 4 years, the price return was 254.92%, with a dividend return of 2.77%, giving a total return of 257.69%.<BR><BR>Over the past 5 years, the price return was 685.45%, the dividend return was 6.42%, leading to a total return of 691.87%.<BR><BR>Overall, Polycab India has declared a significant dividend, but the recent total returns over shorter periods have been negative, indicating volatility in the stock's performance. However, the longer-term returns show substantial growth, suggesting a positive trend over time.

Who are the peers of the Polycab India?

Polycab India's peers include KEI Industries, R R Kabel, Finolex Cables, and others, with varying management and growth risks. Dynamic Cables leads in 1-year returns at 53.28%, while Polycab India has a return of -15.09%.

Peers: The peers of Polycab India are KEI Industries, R R Kabel, Finolex Cables, Universal Cables, Dynamic Cables, Quadrant Future, Advait Energy, Paramount Comm., Plaza Wires, and V-Marc India.<BR><BR>Quality Snapshot: Excellent management risk is observed at Quadrant Future, while Good management risk is found at Polycab India, KEI Industries, R R Kabel, Finolex Cables, and the rest. Average management risk is present at Dynamic Cables, Advait Energy, Paramount Comm., and V-Marc India, while Below Average management risk is noted at Plaza Wires. In terms of Growth, Excellent growth is seen at Polycab India and Advait Energy, while Good growth is found at KEI Industries, R R Kabel, and Paramount Comm., and the rest. Below Average growth is noted at Finolex Cables, Universal Cables, and Plaza Wires. Average growth is observed at Dynamic Cables and Quadrant Future. <BR><BR>Return Snapshot: The peer with the highest 1-year return is Dynamic Cables at 53.28%, while the lowest is Finolex Cables at -33.45%. Polycab India's own 1-year return is -15.09%, which is higher than Finolex Cables but lower than Dynamic Cables. Additionally, KEI Industries, R R Kabel, Finolex Cables, Universal Cables, Paramount Comm., Plaza Wires, and V-Marc India all have negative six-month returns.

Is Polycab India overvalued or undervalued?

As of June 20, 2025, Polycab India is considered very expensive with a PE ratio of 44.78 and other high valuation metrics, indicating overvaluation compared to peers and a year-to-date return of -17.32%, suggesting concerns about sustainability.

As of 20 June 2025, Polycab India has moved from expensive to very expensive in its valuation grade, indicating a significant shift in market perception. The company is currently overvalued, with a PE ratio of 44.78, a Price to Book Value of 9.21, and an EV to EBITDA ratio of 29.77. These ratios suggest that the stock is trading at a premium compared to its earnings and book value, which raises concerns about sustainability.<BR><BR>In comparison to its peers, Polycab India’s valuation metrics are notably higher than those of Havells India, which has a PE ratio of 65.39, and KEI Industries at 49.09. Furthermore, the PEG ratio of 3.43 indicates that the stock may not be justified by its growth prospects when compared to Finolex Cables, which has a more attractive PEG of 2.66. Recent performance shows Polycab India lagging behind the Sensex, with a year-to-date return of -17.32% compared to the Sensex's 5.46%, reinforcing the notion of overvaluation in the current market context.

Who are in the management team of Polycab India?

As of March 2023, the management team of Polycab India includes Inder Thakurdas Jaisinghani (Chairman & Managing Director), Bharat Ajay Jaisinghani, Nikhil R Jaisinghani, and Rakesh Talati (Whole-time Directors), along with several Independent Directors and key compliance officers. The team is diverse, encompassing various leadership roles.

As of March 2023, the management team of Polycab India includes:<BR><BR>1. Inder Thakurdas Jaisinghani - Chairman & Managing Director<BR>2. T P Ostwal - Independent Director<BR>3. R S Sharma - Independent Director<BR>4. Pradeep Poddar - Independent Director<BR>5. Manita Carmen Albert Gonsalves - Company Secretary & Compliance Officer<BR>6. Sutapa Banerjee - Independent Director<BR>7. Bharat Ajay Jaisinghani - Whole-time Director<BR>8. Nikhil R Jaisinghani - Whole-time Director<BR>9. Rakesh Talati - Whole-time Director<BR>10. Manju Agarwal - Independent Director<BR>11. Bhaskar Sharma - Independent Director<BR>12. Gandharv Tongia - Executive Director & CFO<BR><BR>This diverse team comprises various roles, including independent directors, whole-time directors, and key compliance officers.

What does Polycab India do?

Polycab India Ltd is a large-cap company in the electrical cables industry, reporting net sales of ₹69,858 Cr and a net profit of ₹7,267 Cr for Q1 2025. It has a market cap of ₹104,952 Cr and key metrics include a P/E ratio of 52.00 and a dividend yield of 0.50%.

Overview: <BR>Polycab India Ltd is a large-cap company operating in the electrical cables industry.<BR><BR>History: <BR>Polycab India Limited was incorporated as a Private Limited Company on January 10, 1996, under the name 'Polycab Wires Private Limited'. It was later converted into 'Polycab Industries Private Limited' in 1998 and subsequently became a public limited company, changing its name to 'Polycab Wires Limited'. The most recent quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 69,858 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 7,267 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 104,952 Cr (Large Cap)<BR><BR>Key Metrics: <BR>P/E: 52.00 <BR>Industry P/E: 50 <BR>Dividend Yield: 0.50% <BR>Debt-Equity: -0.24 <BR>Return on Equity: 20.56% <BR>Price-to-Book: 10.64 <BR><BR>Contact Details: <BR>Details: No Company Details Available <BR>Registrar Address: Not available.

How big is Polycab India?

As of 24th July, Polycab India Ltd has a market capitalization of 103,608.00 Cr, with recent net sales of 23,616.26 Cr and a net profit of 2,216.16 Cr.

As of 24th July, Polycab India Ltd has a market capitalization of 103,608.00 Cr, categorizing it as a Large Cap company.<BR><BR>In the latest four quarters, Polycab India reported Net Sales of 23,616.26 Cr and a Net Profit of 2,216.16 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 9,825.02 Cr and Total Assets of 13,748.70 Cr.

How has been the historical performance of Polycab India?

Polycab India has shown significant growth, with net sales increasing from ₹14,107.78 crore in March 2023 to ₹22,408.31 crore in March 2025, and profit after tax rising from ₹1,292.35 crore to ₹2,045.54 crore during the same period, reflecting strong financial performance and a healthy balance sheet.

Answer:<BR>The historical performance of Polycab India shows significant growth in net sales and profitability over the years, with the latest figures for March 2025 indicating a net sales figure of 22,408.31 crore and a profit after tax of 2,045.54 crore.<BR><BR>Breakdown:<BR>Polycab India's consolidated annual results reflect a robust upward trend in net sales, which increased from 14,107.78 crore in March 2023 to 22,408.31 crore in March 2025. This growth is accompanied by a rise in total operating income, which mirrors the sales increase. The company's total expenditure also rose, reaching 19,448.08 crore in March 2025, driven by higher raw material costs and manufacturing expenses. Operating profit, excluding other income, improved to 2,960.23 crore in March 2025, contributing to a profit before tax of 2,700.85 crore. After accounting for taxes, the profit after tax reached 2,045.54 crore, up from 1,292.35 crore in March 2023. The earnings per share also saw a notable increase, rising to 134.28 in March 2025 from 84.85 in March 2023. The balance sheet indicates a total asset value of 13,748.70 crore and total liabilities of 13,748.70 crore as of March 2025, reflecting a solid financial position. Cash flow from operating activities improved to 1,808.00 crore in March 2025, although the net cash flow showed an outflow of 59.00 crore. Overall, Polycab India demonstrates strong growth in sales and profitability, alongside a healthy balance sheet.

Are Polycab India latest results good or bad?

Polycab India's Q2 FY26 results are strong, with a net profit of ₹685.46 crore (up 55.85% year-on-year) and revenue of ₹6,477.21 crore (up 17.80%). The improved operating margin and solid return on equity indicate effective management and a favorable outlook for continued growth.

Polycab India's latest results for Q2 FY26 are quite strong, reflecting a positive performance overall. The company reported a net profit of ₹685.46 crore, which is a remarkable increase of 55.85% year-on-year. Revenue also saw significant growth, reaching ₹6,477.21 crore, up 17.80% compared to the same quarter last year. <BR><BR>Additionally, the operating margin improved to 15.76%, up from 11.49% in Q2 FY25, indicating effective cost management and a better product mix. The return on equity (ROE) stands at a solid 20.56%, showcasing strong capital efficiency.<BR><BR>Overall, Polycab has demonstrated its ability to navigate a challenging economic environment successfully, maintaining pricing power and operational discipline. The results suggest that the company is well-positioned for continued growth, making the latest performance more favorable than unfavorable.

Is Polycab India technically bullish or bearish?

As of November 3, 2025, Polycab India shows a mildly bullish trend supported by bullish MACD and moving averages, but mixed signals from the KST and lack of strong momentum suggest caution.

As of 3 November 2025, the technical trend for Polycab India has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by a bullish MACD on both weekly and monthly time frames, alongside bullish moving averages on the daily chart. However, the KST indicates a mildly bearish signal on the weekly and monthly, which tempers the overall bullish sentiment. Bollinger Bands also reflect a mildly bullish outlook on both weekly and monthly time frames. The absence of clear trends in Dow Theory and OBV suggests a lack of strong momentum. Overall, while the indicators lean towards a mildly bullish stance, caution is advised due to mixed signals in the KST.

Should I buy, sell or hold Polycab India Ltd?

Which are the latest news on Polycab India?

Why is Polycab India Ltd falling/rising?

As of 17-Mar, Polycab India Ltd's stock price is rising, currently at 7,169.25, indicating a potential trend reversal after recent declines. Despite some short-term weaknesses, strong fundamentals and significant annual returns suggest a positive outlook for the stock.

As of 17-Mar, Polycab India Ltd's stock price is rising, currently at 7,169.25, reflecting an increase of 40.65 (0.57%). This upward movement follows two consecutive days of decline, indicating a potential trend reversal. Despite recent underperformance against its sector by 0.37%, the stock has shown resilience with a significant annual return of 42.92%, outperforming the BSE500 over the last three years.<BR><BR>The company's strong long-term fundamentals contribute to its positive outlook. Polycab India has demonstrated impressive growth, with net sales increasing at an annual rate of 27.66% and operating profit at 32.93%. Additionally, the company has maintained a low debt-to-equity ratio and has reported positive results for the last four consecutive quarters, including a substantial growth in profit after tax (PAT) of 45.66% over the latest six months.<BR><BR>However, it is important to note that the stock is currently trading below its moving averages across various time frames, which may indicate some short-term weakness. Furthermore, there has been a decline in investor participation, with delivery volume falling by 41.73% against the five-day average. Despite these factors, the high institutional holdings at 25.95% suggest confidence from more sophisticated investors, which could support the stock's price in the long run. Overall, the combination of strong fundamentals and a recent price increase suggests a positive sentiment towards Polycab India Ltd's stock.

Why is Polycab India Ltd falling/rising?

As of 18-Mar, Polycab India Ltd's stock price is rising to Rs 7,361.10, reflecting a 2.68% increase. This growth is supported by strong fundamentals, consistent sales and profit growth, and high institutional confidence, despite some valuation concerns.

As of 18-Mar, Polycab India Ltd's stock price is rising, currently at Rs 7,361.10, reflecting a change of Rs 191.85 or 2.68% increase. This upward movement can be attributed to several factors. The stock has been gaining for the last two days, with a total return of 3.26% during this period. Additionally, the stock reached an intraday high of Rs 7,404, indicating positive trading momentum.<BR><BR>Despite underperforming its sector by 0.71% today, the overall long-term fundamentals of the company remain strong. Polycab has demonstrated consistent growth, with a remarkable annual growth rate in net sales of 27.66% and operating profit growth of 32.93%. The company has also reported positive results for the last four consecutive quarters, with a significant increase in profit after tax (PAT) of 45.66% over the latest six months.<BR><BR>Moreover, Polycab's high institutional holdings at 25.95% suggest confidence from larger investors who typically have more resources to analyze company fundamentals. The stock has outperformed the BSE500 index consistently over the last three years, generating a return of 41.69% in the past year alone. <BR><BR>While there are some concerns regarding its valuation, as indicated by a high Price to Book Value ratio and a premium compared to peers, the overall performance metrics and strong market position within the sector contribute to the stock's rising price.

Why is Polycab India Ltd falling/rising?

As of 19-Mar, Polycab India Ltd's stock price is at Rs 7,200.00, down 2.36% after a trend reversal. The stock is underperforming the market and trading below key moving averages, indicating a bearish trend, despite strong long-term fundamentals.

As of 19-Mar, Polycab India Ltd's stock price is falling, currently at Rs 7,200.00, reflecting a decrease of Rs 173.75 or 2.36%. This decline follows a trend reversal after two consecutive days of gains. The stock has underperformed relative to the broader market, with a 1-week performance of -3.31% compared to the Sensex's -2.40%. <BR><BR>Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. On the day, the stock reached an intraday low of Rs 7,105, marking a drop of 3.64%. The cable sector overall has also seen a decline of 3.73%, which may contribute to the negative sentiment surrounding Polycab India Ltd.<BR><BR>Despite these short-term challenges, the company has demonstrated strong long-term fundamentals, including a healthy growth rate in net sales and operating profit. However, the current market reaction appears to be influenced by the recent price movements and sector performance rather than the company's underlying financial strength.

Why is Polycab India Ltd falling/rising?

As of 20-Mar, Polycab India Ltd's stock is experiencing a decline of 0.25% and has fallen consecutively over the last two days, trading below all key moving averages. Despite a strong long-term performance, the stock has underperformed the benchmark Sensex recently, with year-to-date losses of -6.25%.

As of 20-Mar, Polycab India Ltd's stock price is currently falling, with a change of -18.1, representing a decrease of 0.25%. The stock has been experiencing a consecutive decline over the last two days, with a total drop of -3.02% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.<BR><BR>In terms of performance relative to the market, Polycab India Ltd has underperformed the benchmark Sensex over the past week and month, with returns of -0.73% and -8.97%, respectively. Year-to-date, the stock is down -6.25%, while the Sensex has also seen a decline of -12.54%. Despite these short-term challenges, the stock has shown strong long-term performance, with a significant increase of +40.67% over the past year and +149.49% over the last three years.<BR><BR>The stock's current price movement may also be influenced by its trading activity, as it has seen increased investor participation with a delivery volume rise of 37.39% compared to the 5-day average. However, the overall sentiment appears to be negative in the short term, contributing to the recent price decline.

Why is Polycab India Ltd falling/rising?

As of 23-Mar, Polycab India Ltd's stock price is at 6,792.25, down 5.28%, with significant declines over the past week and month. Despite strong long-term fundamentals, current market conditions and high valuation are contributing to bearish sentiment and reduced investor interest.

As of 23-Mar, Polycab India Ltd's stock price is falling, currently at 6,792.25, reflecting a decrease of 378.6 points or 5.28%. This decline is evident in the stock's performance over various periods, including a 4.72% drop over the past week and a significant 14.80% decrease over the last month, which is worse than the benchmark Sensex's decline of 3.72% and 12.72%, respectively.<BR><BR>Today's trading session has shown the stock underperforming its sector by 0.28%, with an intraday low of Rs 6,745.6, marking a 5.93% decrease. The weighted average price indicates that more volume was traded closer to this low price, suggesting bearish sentiment among investors. Additionally, Polycab India is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further indicating a downward trend.<BR><BR>Investor participation has also decreased, with delivery volume falling by 23.4% compared to the 5-day average, which points to reduced interest in the stock. The broader cable sector has experienced a decline of 5.04%, contributing to the negative sentiment surrounding Polycab India.<BR><BR>Despite the company's strong long-term fundamentals, including a healthy growth rate in net sales and operating profit, the current market conditions and recent performance metrics suggest that the stock is facing downward pressure. The expensive valuation, indicated by a Price to Book Value of 9.7, may also be causing investors to reassess their positions, leading to the current decline in stock price.

Why is Polycab India Ltd falling/rising?

As of 24-Mar, Polycab India Ltd's stock price is rising to Rs 7,060.80, up 3.95%, driven by strong investor interest and solid long-term fundamentals. The stock has outperformed its sector and generated a 40.63% return over the past year, indicating robust market performance.

As of 24-Mar, Polycab India Ltd's stock price is rising, currently at Rs 7,060.80, reflecting an increase of Rs 268.55 or 3.95%. This upward movement is supported by several factors. Today, the stock opened with a gain of 3.45% and reached an intraday high of Rs 7,140.30, which is a 5.12% increase. Additionally, the stock has outperformed its sector by 2.33% today, indicating strong market performance relative to its peers.<BR><BR>Investor participation has also increased, with a delivery volume of 3.62 lakh shares on March 23, which is a 16.62% rise compared to the 5-day average. This suggests growing interest from investors, contributing to the stock's upward momentum. Despite trading lower than various moving averages, the stock's strong long-term fundamentals, including a healthy return on equity (ROE) of 20.31% and consistent growth in net sales and operating profit, bolster investor confidence.<BR><BR>Furthermore, Polycab India Ltd has demonstrated robust performance over the past year, generating a return of 40.63%, significantly outperforming the broader market indices. The company’s substantial market capitalization of Rs 1,02,258 crore and its dominant position in the sector, constituting 38.16% of the entire industry, further enhance its attractiveness to investors. Overall, these factors contribute to the rising stock price of Polycab India Ltd.

Why is Polycab India Ltd falling/rising?

As of 25-Mar, Polycab India Ltd's stock price is rising to Rs 7,145.25, reflecting a 1.2% increase. This growth is driven by strong investor interest, significant delivery volume increases, and solid long-term fundamentals, including a 27.66% annual net sales growth.

As of 25-Mar, Polycab India Ltd's stock price is rising, currently at Rs 7,145.25, reflecting a change of 84.45 (1.2%) upward. This increase can be attributed to several factors. Notably, the stock has been gaining for the last two days, with a total return of 5.2% during this period. Additionally, the stock reached an intraday high of Rs 7,272, marking a 2.99% increase at that peak.<BR><BR>Investor participation appears to be on the rise, as evidenced by a significant increase in delivery volume, which rose by 49.26% compared to the five-day average. This suggests growing interest and confidence among investors. Furthermore, the cable sector, in which Polycab operates, has also seen gains, rising by 2.72%, which may positively influence Polycab's stock performance.<BR><BR>Despite some underperformance relative to the sector today, the company's strong long-term fundamentals support its rising stock price. Polycab has demonstrated healthy growth with a net sales increase of 27.66% annually and a robust operating profit growth of 32.93%. The company has consistently reported positive results over the last four quarters, with a significant increase in profit after tax (PAT) of 45.66% in the latest six months.<BR><BR>Moreover, Polycab's high institutional holdings at 25.95% indicate that knowledgeable investors are backing the stock, which can further bolster confidence in its performance. Overall, these factors contribute to the upward movement of Polycab India Ltd's stock price.