NSE POLYCAB · BSE 542652 · Electronic Instr. & Controls · NIFTY 500
Polycab India Share Price
Polycab India Overview
Where the price stands, how it has moved and how it sits against its averages.
Polycab India shares last traded at ₹8,366.50 on the NSE, up 0.00% on the day. That is 17.4% below the 52-week high of ₹10,128.60 and 25.6% above the 52-week low of ₹6,660.50. The stock trades at 52.35× earnings, above the sector average of 42.55. Its market value is ₹1,26,732 Cr.
Price returns
Against the market: 1 Month ▼ −3.81% · 3 Months ▼ −10.65% · 6 Months ▲ +18.50% · This year ▲ +25.82% · 1 Year ▲ +21.20%
Shading grows with the size of the move. Prices refresh every 15 minutes while the market is open (9:15 AM–3:30 PM IST); next update from Mon 28 Sep, 9:15 AM.
Moving averages — price is above 3 of 6
- 100-day average₹9,144.89 ▼ price 8.5% below
- 50-day average₹8,932.05 ▼ price 6.3% below
- 20-day average₹8,627.53 ▼ price 3.0% below
- Today's price₹8,366.50
- 300-day average₹8,332.97 ▲ price 0.4% above
- 10-day average₹8,291.95 ▲ price 0.9% above
- 5-day average₹8,289.90 ▲ price 0.9% above
Averages above today's price sit higher on the ladder. Price above most of its averages is usually read as an upward trend.
Polycab India Financial Results
Revenue and net profit in ₹ crore, with the full statements underneath.
Year by year
| Fiscal year | Revenue | Growth | Net profit | Net margin | EPS | Dividend |
|---|---|---|---|---|---|---|
| FY 2026 | ₹28,884 Cr | ▲ +28.9% | ₹2,672 Cr | 9.3% | ₹176.95 | ₹47.00 |
| FY 2025 | ₹22,408 Cr | ▲ +24.2% | ₹2,020 Cr | 9.0% | ₹133.80 | ₹35.00 |
| FY 2024 | ₹18,039 Cr | ▲ +27.9% | ₹1,784 Cr | 9.9% | ₹118.49 | ₹30.00 |
| FY 2023 | ₹14,108 Cr | ▲ +15.6% | ₹1,271 Cr | 9.0% | ₹84.66 | ₹20.00 |
| FY 2022 | ₹12,204 Cr | ▲ +38.8% | ₹909 Cr | 7.4% | ₹55.80 | ₹14.00 |
| FY 2021 | ₹8,792 Cr | ▼ −0.4% | ₹882 Cr | 10.0% | ₹56.01 | ₹10.00 |
| FY 2020 | ₹8,830 Cr | — | ₹759 Cr | 8.6% | ₹49.30 | ₹7.00 |
Quarter by quarter
| Quarter | Revenue | vs prev. qtr | Net profit | Net margin | EPS |
|---|---|---|---|---|---|
| Q1 FY27 | ₹8,210 Cr | ▼ −7.4% | ₹784 Cr | 9.6% | ₹51.94 |
| Q4 FY26 | ₹8,864 Cr | ▲ +16.1% | ₹773 Cr | 8.7% | ₹51.17 |
| Q3 FY26 | ₹7,636 Cr | ▲ +17.9% | ₹622 Cr | 8.1% | ₹41.19 |
| Q2 FY26 | ₹6,477 Cr | ▲ +9.7% | ₹685 Cr | 10.6% | ₹45.46 |
| Q1 FY26 | ₹5,906 Cr | ▼ −15.5% | ₹592 Cr | 10.0% | ₹39.21 |
| Q4 FY25 | ₹6,986 Cr | ▲ +33.7% | ₹727 Cr | 10.4% | ₹48.11 |
| Q3 FY25 | ₹5,226 Cr | ▼ −5.0% | ₹458 Cr | 8.8% | ₹30.31 |
| Q2 FY25 | ₹5,498 Cr | — | ₹440 Cr | 8.0% | ₹29.14 |
Balance sheet — FY26
- Total assets₹20,476 Cr
- Total liabilities₹8,468 Cr
- Shareholders' equity₹12,009 Cr
- Total debt₹4,501 Cr
- Cash & investments₹3,885 Cr
- Current ratio1.84×
- Revenue growth, 5 yr26.86% a year
- EPS growth, 5 yr25.87% a year
- Operating margin (TTM)12.51%
- Net margin (TTM)9.32%
Cash flow — FY26
Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.
Full financial statements, FY20–FY26
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total revenue | 8,829.96 | 8,792.23 | 12,203.76 | 14,107.78 | 18,039.44 | 22,408.31 | 28,883.79 |
| Cost of revenue | 6,229.59 | 6,582.83 | 9,570.77 | 10,632.03 | 13,139.06 | 15,942.91 | 21,005.55 |
| Gross profit | 2,600.37 | 2,209.40 | 2,633.00 | 3,475.75 | 4,900.38 | 6,465.40 | 7,878.24 |
| Operating expenses | 7,855.82 | 7,857.16 | 11,129.75 | 12,464.50 | 15,777.96 | 19,740.48 | 25,161.96 |
| Operating income | 974.14 | 935.07 | 1,074.01 | 1,643.28 | 2,261.49 | 2,667.84 | 3,721.83 |
| Depreciation | 160.89 | 176.17 | 201.52 | 209.16 | 245.04 | 298.10 | 385.87 |
| Profit before tax | 1,009.99 | 1,012.16 | 1,115.86 | 1,707.26 | 2,359.30 | 2,700.85 | 3,613.08 |
| Tax | 269.36 | 170.34 | 270.63 | 424.17 | 556.38 | 655.31 | 904.65 |
| Net profit | 759.06 | 882.09 | 908.58 | 1,270.78 | 1,784.05 | 2,019.99 | 2,672.03 |
| EPS (₹) | 49.30 | 56.01 | 55.80 | 84.66 | 118.49 | 133.80 | 176.95 |
| Dividend per share (₹) | 7.00 | 10.00 | 14.00 | 20.00 | 30.00 | 35.00 | 47.00 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total assets | 5,961.59 | 7,014.71 | 7,411.91 | 9,425.48 | 12,078.88 | 13,775.77 | 20,476.19 |
| Current assets | 4,049.92 | 4,772.64 | 5,141.14 | 6,908.75 | 8,713.96 | 9,319.00 | 14,657.89 |
| Cash & short-term investments | 321.59 | 1,104.36 | 1,170.88 | 2,042.09 | 2,220.28 | 2,482.71 | 3,884.76 |
| Inventory | 1,986.95 | 2,079.96 | 2,517.55 | 3,258.46 | 3,981.11 | 3,783.91 | 5,849.00 |
| Property, plant & equipment | 1,661.52 | 1,959.27 | 2,027.61 | 2,297.38 | 2,819.03 | 3,630.44 | 4,786.96 |
| Total liabilities | 2,125.18 | 2,260.77 | 1,868.17 | 2,788.27 | 3,891.75 | 3,947.71 | 8,467.61 |
| Current liabilities | 2,009.09 | 2,014.58 | 1,741.33 | 2,620.49 | 3,577.89 | 3,510.15 | 7,965.24 |
| Total debt | 190.21 | 282.50 | 118.15 | 1,335.10 | 2,023.06 | 1,508.67 | 4,501.14 |
| Total equity | 3,836.42 | 4,753.94 | 5,543.74 | 6,637.21 | 8,187.13 | 9,828.06 | 12,008.58 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| From operations | 244.64 | 1,252.42 | 511.61 | 1,427.52 | 1,296.24 | 1,808.53 | 3,810.67 |
| From investing | −262.25 | −1,012.09 | −426.95 | −1,202.65 | −751.88 | −1,239.31 | −2,849.71 |
| From financing | 10.71 | −174.77 | −200.69 | −227.07 | −387.41 | −628.28 | −799.04 |
| Capital expenditure | −290.13 | −193.49 | −526.69 | −479.45 | −858.52 | −969.73 | −1,480.51 |
| Dividends paid | — | 0.00 | −149.16 | −209.45 | −299.73 | −451.08 | −547.27 |
| Net change in cash | −6.90 | 65.56 | −116.03 | −2.20 | 156.95 | −59.05 | 161.92 |
What Analysts Say
Recommendations from 32 analysts who cover Polycab India.
▲ 23 bullish (71.9%) · 8 hold (25.0%) · ▼ 1 bearish (3.1%)
Votes
How the votes changed
| Rating | 3M ago | 2M ago | 1M ago | 1W ago | Now | 3-month change |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 7 | 7 | 8 | 8 | — |
| Buy | 13 | 14 | 15 | 15 | 15 | ▲ +2 |
| Hold | 9 | 9 | 8 | 8 | 8 | ▼ −1 |
| Sell | 0 | 0 | 0 | 0 | 0 | — |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | — |
Analyst ratings are opinions, not a guarantee of returns.
Polycab India vs Peers
Side by side with other electronic instr. & controls companies. The small bars compare each column.
| Company | Price | Change | Market cap | P/E | P/B | ROE (5 yr) | Net margin | Div. yield | Rating |
|---|---|---|---|---|---|---|---|---|---|
| Polycab India | ₹8,366.50 | 0.00% | ₹1,26,732 Cr | 52.35 | 10.55 | 22.25% | 9.32% | 0.56% | This stock |
| ABB India | ₹7,115.00 | ▲ +0.13% | ₹1,50,569 Cr | 95.20 | 20.30 | 22.90% | 11.62% | 0.52% | Moderately Bearish |
| Hitachi Energy India | ₹30,804.05 | ▼ −1.11% | ₹1,37,301 Cr | 139.01 | 27.62 | — | 12.12% | 0.02% | Moderately Bearish |
| CG Power and Industrial Solutions | ₹886.00 | ▼ −1.12% | ₹1,39,585 Cr | 114.78 | 17.88 | 32.91% | 9.64% | 0.18% | Moderately Bearish |
| Siemens | ₹3,852.65 | ▼ −0.71% | ₹1,37,201 Cr | — | 9.41 | — | 8.53% | 0.33% | Neutral |
| Apar Industries | ₹17,809.25 | ▼ −0.36% | ₹74,571 Cr | 55.60 | 10.30 | 22.37% | 4.27% | 0.37% | Bullish |
Rating = the data provider's overall technical view of each peer. Company names link to their own pages.
Polycab India Key Metrics
Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.
Valuation Is the price reasonable?
Profitability Of every ₹100 of sales, how much is kept?
Returns & efficiency How well does it use its money?
Growth Is the business getting bigger?
Financial strength Can it pay its bills and debts?
Per share What each share stands for
The share price is 10.49× the book value behind each share.
Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.
All 133 metrics from the data provider
Valuation
Per share
Margins
Growth
Financial strength
Returns & efficiency
Price & volume
Dividends & Corporate Events
Payouts to shareholders, splits and bonus issues, and company meetings — newest first.
- Dividend yield0.56%
- Payout ratio26.48%
- 5-year average dividend₹29.20 a share
- Latest dividend₹47.00 per share · 19 Jun 2026
Corporate calendar
- MeetingPostal Ballot
- BoardQuarterly Results
- MeetingAnnual General Meeting
- Dividend₹47.00 per share · 470% · Final dividend
- MeetingPostal Ballot
- BoardAudited Results & Final Dividend
- MeetingPostal Ballot
- BoardQuarterly Results
Show 12 older events
- BoardQuarterly Results
- MeetingAnnual General Meeting
- Dividend₹35.00 per share · 350% · Final dividend
- BoardAudited Results & Final Dividend
- MeetingPostal Ballot
- BoardQuarterly Results
- BoardQuarterly Results
- BoardQuarterly Results
- Dividend₹30.00 per share · 300% · Final dividend
- Dividend₹20.00 per share · 200% · Final dividend
- Dividend₹14.00 per share · 140% · Final dividend
- Dividend₹10.00 per share · 100% · Final dividend
About Polycab India
Electronic Instr. & Controls
Polycab India Limited is a manufacturer of wires and cables. It is engaged in fast-moving electrical goods (FMEG). Its segment includes Wires and cables, FMEG, and Other. Wire and cable segment is engaged in the manufacturing and selling of wires and cables. FMEG segment is engaged in fans, light-emitting diode (LED) lighting and luminaires, switches, switchgear, solar products, pumps, conduits, and domestic appliances. Other segment consists of the engineering, procurement, and construction (EPC) business, which includes design, engineering, supply of materials, survey, execution and commissioning of power distribution, and rural electrification projects on a trunky basis. It is also in the business of engineering, procurement, and construction (EPC) projects. It owns over 28 manufacturing facilities, located across the states of Gujarat, Maharashtra, Uttarakhand, and the union territory of Daman. Its products include Flexible Wires, Building Wires LV and MV Power Cables, and others.
Key people
- Inder T. JaisinghaniExecutive Chairman of the Board, Managing Director
- Niyant MaruChief Financial Officer
- Anurag AgarwalChief Executive Officer - Global Exports and New Businesses (EHV and Conductor)
- Diwaker BharadwajPresident - Automation, Serialization, Packaging and Brand Protection
- Ashish D. JainChief Executive Officer - Telecom
- Ishwinder Singh KhuranaChief Executive Officer - B2C
Company facts
- NSE symbolPOLYCAB
- BSE code542652
- ISININE455K01017
- IndustryElectronic Instr. & Controls
- IndexNIFTY 500
- Market cap₹1,26,732 Cr
- Revenue (FY26)₹28,884 Cr
- Net profit (FY26)₹2,672 Cr
In the News
Recent headlines about Polycab India — they open on Mint in a new tab.
- Polycab India to go ‘all out’ to defend market share as Birla enters wires and cables
Aditya Birla’s UltraVolt has entered India’s wires and cables market with ₹1,800 crore. Polycab says it will defend its 30% share as new capacity raises fears of margin pressure.
8 Sep 2026 · 5 min read · Mint ↗ - Ultravolt to power UltraTech, but its current can rattle rivals
Shares of KEI Industries, RR Kabel and Polycab India plummeted 5-8% in Friday’s early session, while UltraTech’s stock was marginally up, by 0.5%.
4 Sep 2026 · 3 min read · Mint ↗ - Ultravolt impact on cable-wires stocks: KEI, Polycab, RR Kabel, Finolex price plunge; Aditya Birla Group's ₹1,800 cr bet
Shares of KEI Industries crashed over 8%, while those of Polycab India plunged 6% in early deals on the BSE. Shares of Finolex Cables and R R Kabel dropped 5% each. Havells India share price dropped over 3% during the session.
4 Sep 2026 · 2 min read · Mint ↗ - Stocks to buy for short term: Sagility, Polycab India among 6 stocks experts recommend buying today; do you own any?
Stocks to buy for the short term: Experts highlight six stocks to buy for short-term gains, backed by robust technical indicators and market momentum. Dive into the analysis to learn more.
1 Sep 2026 · 4 min read · Mint ↗ - Stock market today: Gift Nifty hints a flat start; eight day trading stocks to buy on Wednesday, 19 August
Indian stock markets are anticipated to open flat amidst weak global cues, following a steep decline in the previous session. Brent crude prices rose amid supply concerns, while global financial markets remain risk-averse due to the US-Iran standoff and its impact on energy supplies.
19 Aug 2026 · 4 min read · Mint ↗ - Centre plans to allow govt-approved private labs to test electricity meters
The proposal to allow government-authorized private laboratories to test electricity meters aims to boost consumer confidence, reduce billing disputes and support India's smart meter rollout.
29 Jul 2026 · 4 min read · Mint ↗ - Polycab India’s Q1 growth is solid. Now volumes need a recharge
Polycab’s Q1FY27 highlights how sensitive the business remains to commodity prices. Sharp declines in copper and aluminium prices in June led dealers to postpone purchases in anticipation of further drop in prices.
17 Jul 2026 · 2 min read · Mint ↗ - Buy or sell: Ganesh Dongre of Anand Rathi recommends three stocks to buy on Monday - 15 June 2026
Indian stock market: Amid ongoing Middle East Tension, Ganesh Dongre of Anand Rathi recommends three stocks to buy on Monday. Check top stock picks by the market expert.
14 Jun 2026 · 3 min read · Mint ↗
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