ScoreWhy is Polycab India Ltd ?
1
Low Debt Company with Strong Long Term Fundamental Strength
- Healthy long term growth as Net Sales has grown by an annual rate of 26.35% and Operating profit at 30.72%
- The company is Net-Debt Free
- The company has been able to generate a Return on Capital Employed (avg) of 35.31% signifying high profitability per unit of total capital (equity and debt)
2
The company has declared Positive results for the last 6 consecutive quarters
- OPERATING CF(Y) Highest at Rs 3,810.67 Cr
- DPR(Y) Highest at 26.48%
- NET SALES(Latest six months) At Rs 17,074.21 cr has Grown at 32.44%
3
High Institutional Holdings at 26.17%
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
4
Company is among the highest 1% of companies rated by MarketsMojo across all 4,000 stocks
5
Consistent Returns over the last 3 years
- Along with generating 26.39% returns in the last 1 year, the stock has outperformed BSE500 in each of the last 3 annual periods
Real-Time Research ReportHow much should you buy?
- Overall Portfolio exposure to Polycab India should be less than 10%
- Overall Portfolio exposure to Cables - Electricals should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Cables - Electricals)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Polycab India for you?
Medium Risk, High Return
Absolute
Risk Adjusted
Volatility
Polycab India
26.43%
0.89
29.58%
Sensex
-5.75%
-0.42
13.55%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
26.35%
EBIT Growth (5y)
30.72%
EBIT to Interest (avg)
21.30
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
-0.34
Sales to Capital Employed (avg)
2.22
Tax Ratio
24.94%
Dividend Payout Ratio
26.48%
Pledged Shares
0
Institutional Holding
26.17%
ROCE (avg)
35.51%
ROE (avg)
19.84%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
47
Industry P/E
45
Price to Book Value
11.18
EV to EBIT
33.53
EV to EBITDA
30.38
EV to Capital Employed
16.36
EV to Sales
4.17
PEG Ratio
1.61
Dividend Yield
0.53%
ROCE (Latest)
45.49%
ROE (Latest)
22.25%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bearish
Bullish
OBV
No Trend
Mildly Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend14What is working for the Company
OPERATING CF(Y)
Highest at Rs 3,810.67 Cr
DPR(Y)
Highest at 26.48%
NET SALES(Latest six months)
At Rs 17,074.21 cr has Grown at 32.44%
PAT(Q)
Highest at Rs 784.34 cr.
EPS(Q)
Highest at Rs 52.07
-1What is not working for the Company
DEBTORS TURNOVER RATIO(HY)
Lowest at 7.68 times
Loading Valuation Snapshot...
Here's what is working for Polycab India
Operating Cash Flow - Annually
Highest at Rs 3,810.67 Cr and Grown
each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (Rs Cr)
Net Sales - Latest six months
At Rs 17,074.21 cr has Grown at 32.44%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Dividend Payout Ratio (DPR) - Annually
Highest at 26.48% and Grown
each year in the last five yearsMOJO Watch
Company is distributing higher proportion of profits generated as dividend
DPR (%)
Profit After Tax (PAT) - Quarterly
Highest at Rs 784.34 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 52.07
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
Here's what is not working for Polycab India
Debtors Turnover Ratio- Half Yearly
Lowest at 7.68 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio
Non Operating Income - Quarterly
Highest at Rs 104.92 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income
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