Polycab India Ltd Stock Price Today (NSE: POLYCAB)
Fundamental Score
Polycab India Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Polycab India Ltd share price today is ₹9106.50, up +2.37% on NSE/BSE as of 31 July 2026. Polycab India Ltd (POLYCAB) is a Large-cap company in the Cables - Electricals sector with a market capitalisation of ₹1.40L (Cr). The 52-week high for POLYCAB share price is ₹10126.00 and the 52-week low is ₹6620.00. At a P/E ratio of 55.82x, POLYCAB is currently trading above its industry average P/E of 25.54x. The company has a Return on Equity (ROE) of 23.05% and a debt-to-equity ratio of 0.02.
Polycab India Ltd Share Price Chart — NSE/BSE Historical Performance
Polycab India Ltd share price chart: -6.25% return over the past month. 52-week high ₹10126.00, 52-week low ₹6620.00.
Polycab India Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹8924.00 | ₹9135.50 | ₹8924.00 | ₹9106.50 | 2.83L (Cr) | |
| ₹9047.00 | ₹9065.00 | ₹8855.00 | ₹8896.00 | 3.67L (Cr) | |
| ₹9155.00 | ₹9169.50 | ₹8975.00 | ₹9047.00 | 2.33L (Cr) | |
| ₹9061.00 | ₹9143.50 | ₹9001.00 | ₹9121.50 | 4.42L (Cr) | |
| ₹8956.00 | ₹9050.00 | ₹8956.00 | ₹9010.00 | 2.32L (Cr) | |
| ₹8900.00 | ₹8970.00 | ₹8841.00 | ₹8907.50 | 1.90L (Cr) | |
| ₹8913.50 | ₹8952.00 | ₹8831.00 | ₹8903.50 | 2.41L (Cr) | |
| ₹8847.00 | ₹8937.50 | ₹8791.00 | ₹8885.00 | 2.62L (Cr) | |
| ₹9169.50 | ₹9170.00 | ₹8826.00 | ₹8862.00 | 7.27L (Cr) | |
| ₹9301.50 | ₹9415.00 | ₹9071.50 | ₹9215.00 | 8.07L (Cr) |
Polycab India Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹9979.50 | ₹9979.50 | ₹8791.00 | ₹9106.50 | -8.75% | |
| ₹9501.00 | ₹10126.00 | ₹9308.33 | ₹9961.00 | +4.84% | |
| ₹8110.50 | ₹9747.00 | ₹8062.50 | ₹9477.50 | +16.85% | |
| ₹7148.50 | ₹8338.50 | ₹6690.50 | ₹8110.50 | +13.46% | |
| ₹8400.00 | ₹8696.50 | ₹6750.00 | ₹6843.50 | -18.53% | |
| ₹6800.50 | ₹8722.00 | ₹6800.00 | ₹8610.50 | +26.62% | |
| ₹7615.00 | ₹7948.00 | ₹6663.00 | ₹7013.50 | -7.90% | |
| ₹7478.00 | ₹7680.50 | ₹6932.00 | ₹7619.00 | +1.89% | |
| ₹7704.00 | ₹7816.00 | ₹7384.00 | ₹7470.00 | -3.04% | |
| ₹7334.00 | ₹7903.00 | ₹7239.50 | ₹7704.00 | +5.04% | |
| ₹7126.50 | ₹7714.00 | ₹7059.00 | ₹7286.00 | +2.24% | |
| ₹6744.50 | ₹7208.00 | ₹6620.00 | ₹7091.00 | +5.14% |
AI Research Briefing
Powered by Gemini · 2026-04-09
Overvalued infrastructure play; priced to perfection, vulnerable to commodity shocks and governance concerns.
WHAT'S HAPPENING NOW (last 2-4 weeks)
Polycab's stock rallied 4.57% on April 8, 2026, outperforming the Sensex which advanced 3.55%. The stock opened with a gap up of 3.54%. Polycab announced Q4 FY26 results are scheduled for April 29, 2026.
CORE STORY (THE REAL GAME)
Polycab is a play on India's electrification and infrastructure boom, riding the wave of increasing demand for wires and cables, and expanding into FMEG to capture more value.
- Infrastructure boom driven by government spending
- Strong growth in wires and cables segment
- Formalization of the market favoring established players
- Strong Q4 FY26 results exceeding expectations
- Major order wins in infrastructure projects
- Successful expansion into FMEG with improved margins
- Expensive valuation compared to industry peers
- Vulnerability to fluctuations in copper and aluminum prices
- Promoter stake decreasing
FIIs increased their stake, while promoters reduced.
India's infrastructure boom and increasing electrification are tailwinds.
Profit converting to cash; Free Cash Flow 5Y: ₹3313.23 Cr.
Polycab is expected to maintain its growth trajectory, driven by infrastructure development and increasing demand for electricity. However, valuation concerns and external factors like commodity prices remain key risks.
Primary Thesis Risk
Commodity price volatility and rich valuation could derail the growth story.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Polycab India Ltd Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Polycab India Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of POLYCAB across key market metrics for learning purposes.
Positive Indicators
12 factors identified
Strong Return on Equity (23.05%)
Observation: Efficient use of shareholders' capital generating superior returns.
Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.
Excellent ROCE Performance (33.21%)
Observation: Superior returns on capital employed across business operations.
Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.
Strong Revenue Growth (26.89%)
Observation: Healthy sales growth indicates market demand and execution capability.
Analysis: Revenue growth >15% suggests strong market position and growth potential.
Consistent Growth Track Record (26.86% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Excellent EPS Growth (23.44% CAGR)
Observation: Outstanding 5-year earnings per share compound growth.
Analysis: EPS CAGR >15% indicates strong wealth creation potential.
Strong Profit Growth Track Record (23.68% CAGR)
Observation: Consistent 5-year profit compound annual growth rate.
Analysis: Profit CAGR >15% demonstrates scalable business model.
Conservative Debt Levels (D/E: 0.02)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Strong Interest Coverage (15.35x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk.
Strong Cash Generation (₹4591.93 Cr over 5Y)
Observation: Healthy free cash flow generation supports growth and returns.
Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.
Balanced Promoter Holding (61.50%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Strong Institutional Confidence (FII+DII: 26.16%)
Observation: Significant professional investor participation.
Analysis: High institutional holding often signals thorough due diligence.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
1 factors identified
Premium Valuation Risk (P/E: 55.82x)
Observation: High valuation multiples may limit upside potential.
Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.
Polycab India Ltd vs Cables - Electricals Peers
Peer Comparison - Cables - Electricals
Compare Polycab India Ltd with 10 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
Polycab India LtdPolycab India L...Selected✓ POLYCAB • 542652 | 63.7/100 | ₹9106.50₹9107 | ₹140490.60₹140490.60 | 55.82Average 55.8 Average | 23.05%Excellent 23.05% Excellent | 33.21%Excellent 33.21% Excellent | 0.02Excellent 0.0 Excellent | 23.68%Excellent 23.68% Excellent | 26.86%Excellent 26.86% Excellent | 0.50% |
Kei Industries LtdKei Industries ... KEI • 517569 | 56.8/100 | ₹4999.00₹4999 | ₹48677.94₹48677.94 | 53.00Average 53.0 Average | 14.75%Average 14.75% Average | 20.07%Excellent 20.07% Excellent | 0.04Excellent 0.0 Excellent | 27.43%Excellent 27.43% Excellent | 22.95%Excellent 22.95% Excellent | 0.09% |
RR Kabel LtdRR Kabel Ltd... RRKABEL • 543981 | 63.8/100 | ₹2602.80₹2603 | ₹25912.55₹25912.55 | 51.40Average 51.4 Average | 21.33%Excellent 21.33% Excellent | 28.10%Excellent 28.10% Excellent | 0.13Excellent 0.1 Excellent | 30.54%Excellent 30.54% Excellent | 28.98%Excellent 28.98% Excellent | 0.41% |
Finolex Cables LtdFinolex Cables ... FINCABLES • 500144 | 54.3/100 | ₹987.60₹988 | ₹15873.59₹15873.59 | 22.24Average 22.2 Average | 12.33%Average 12.33% Average | 16.01%Good 16.01% Good | 0.00Excellent 0.0 Excellent | 9.11%Good 9.11% Good | 17.96%Excellent 17.96% Excellent | 0.77% |
V MARC INDIA LTDV MARC INDIA LT... VMARCIND • | 47.6/100 | ₹281.80₹282 | ₹4204.52₹4204.52 | 42.01Average 42.0 Average | 41.79%Excellent 41.79% Excellent | 41.38%Excellent 41.38% Excellent | 0.74Good 0.7 Good | 76.88%Excellent 76.88% Excellent | 59.91%Excellent 59.91% Excellent | 0.00% |
Universal Cables LtdUniversal Cable... UNIVCABLES • 504212 | 50.6/100 | ₹1358.40₹1358 | ₹4164.21₹4164.21 | 25.53Average 25.5 Average | 8.90%Poor 8.90% Poor | 11.68%Average 11.68% Average | 0.62Good 0.6 Good | 19.46%Excellent 19.46% Excellent | 18.74%Excellent 18.74% Excellent | 0.33% |
Advait Infratech LtdAdvait Infratec... ADVAIT • 543230 | 69/100 | ₹2307.65₹2308 | ₹2316.82₹2316.82 | 44.80Average 44.8 Average | 21.53%Excellent 21.53% Excellent | 27.91%Excellent 27.91% Excellent | 0.34Excellent 0.3 Excellent | 63.25%Excellent 63.25% Excellent | 61.17%Excellent 61.17% Excellent | 0.08% |
Paramount Communications LtdParamount Commu... PARACABLES • 530555 | 50.8/100 | ₹64.88₹65 | ₹2135.68₹2135.68 | 35.76Average 35.8 Average | 7.99%Poor 7.99% Poor | 12.35%Average 12.35% Average | 0.16Excellent 0.2 Excellent | 80.94%Excellent 80.94% Excellent | 29.88%Excellent 29.88% Excellent | 0.00% |
Dynamic Cables LtdDynamic Cables ... DYCL • 540795 | 62.2/100 | ₹395.20₹395 | ₹1884.77₹1884.77 | 22.77Average 22.8 Average | 19.92%Good 19.92% Good | 26.21%Excellent 26.21% Excellent | 0.09Excellent 0.1 Excellent | 53.19%Excellent 53.19% Excellent | 28.44%Excellent 28.44% Excellent | 0.13% |
Quadrant Future Tek LtdQuadrant Future... QUADFUTURE • 544336 | 15.4/100 | ₹345.95₹346 | ₹1695.80₹1695.80 | — — | -15.45%Poor -15.45% Poor | -15.85%Poor -15.85% Poor | 0.09Excellent 0.1 Excellent | — — | 16.00%Excellent 16.00% Excellent | 0.00% |
10.6/100 | ₹558.50₹559 | ₹1473.06₹1473.06 | 55.15Average 55.1 Average | 20.69%Excellent 20.69% Excellent | — — | 1.21Average 1.2 Average | — — | — — | 0.00% | |
Top Cables - Electricals Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- Kei Industries Ltd share price48677.94 Cr
- RR Kabel Ltd share price25912.55 Cr
- Finolex Cables Ltd share price15873.59 Cr
- V MARC INDIA LTD share price4204.52 Cr
- Universal Cables Ltd share price4164.21 Cr
Polycab India Ltd PE Ratio History
Historical price-to-earnings ratio for POLYCAB — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2025 | ₹133.80 | ₹7619.00 | 56.9x |
| FY 2024 | ₹118.49 | ₹7272.35 | 61.4x |
| FY 2023 | ₹84.66 | ₹5484.85 | 64.8x |
| FY 2022 | ₹60.60 | ₹2569.10 | 42.4x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
Polycab India Ltd Dividend History
Annual cash dividends paid by POLYCAB — dividend yield 0.50%
| Financial Year | Dividends Paid (₹ Cr) |
|---|---|
| FY 2025 | ₹451.08 Cr |
| FY 2024 | ₹299.73 Cr |
| FY 2023 | ₹209.45 Cr |
| FY 2022 | ₹149.16 Cr |
Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.
Polycab India Ltd Quarterly Performance
Latest quarterly metrics for POLYCAB — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
26.89%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
6.34%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
26.86%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
23.68%
Compounded annual net profit growth over 5 years
Polycab India Ltd Technical Indicators
SMA 50, SMA 200, RSI and volume signals for POLYCAB — calculated from daily price history
Momentum is balanced — neither overbought nor oversold.
Technical indicators are for educational purposes only. Not investment advice.
Polycab India Ltd Financial Statements
Annual income statement, balance sheet and cash flow for Polycab India Ltd (POLYCAB) — sourced from NSE/BSE filings.
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About POLYCAB (Polycab India Ltd)
Polycab India Ltd is a prominent name in the realm of electrical solutions, known for its extensive portfolio of wires and cables that power homes, industries, and infrastructure p...rojects across India and beyond. They've established themselves as a reliable provider, offering a diverse range of products tailored to meet varying needs and specifications. Beyond wires and cables, Polycab has strategically diversified into the Fast Moving Electrical Goods (FMEG) sector, offering everyday electrical essentials to households and businesses. Their commitment extends to comprehensive project solutions through their Engineering, Procurement and Construction (EPC) segment, demonstrating their capacity to handle large-scale electrical infrastructure development. With a focus on quality and innovation, Polycab has carved a niche as a trusted brand driving the nation's electrical backbone. The core of Polycab's offerings lies in their Wires and Cables division, where a broad spectrum of products serves a diverse clientele. From specialized house wires designed for safety and energy efficiency to robust cables catering to heavy-duty industrial applications, Polycab covers a wide range of needs. These products are engineered with precision and adhere to stringent quality standards, ensuring reliability and long-lasting performance. Through continuous innovation and a customer-centric approach, Polycab has gained a reputation for delivering solutions that meet the evolving demands of the electrical industry. The company's dedication to quality is evident in the performance and durability of its products, establishing Polycab as a trusted brand for both domestic and commercial applications. Beyond their wires and cables expertise, Polycab has successfully expanded into the FMEG market, providing an array of products that enhance everyday life. This includes a range of electrical appliances, lighting solutions, and other essential electrical items. This diversification reflects Polycab's ambition to be a comprehensive provider of electrical solutions, catering to the diverse needs of consumers and businesses. Through its EPC segment, Polycab plays a vital role in constructing and upgrading electrical infrastructure projects, from power transmission lines to industrial electrification. With a commitment to quality and innovation, Polycab continues to shape the landscape of the electrical industry, driving progress and empowering communities through its diverse range of products and services.
Company Details
Key Leadership
Corporate Events
Latest News
POLYCAB Share Price: Frequently Asked Questions
What is the current share price of Polycab India Ltd?
Polycab India Ltd (POLYCAB) trades at ₹9106.50 on NSE and BSE. Market cap ₹1.40L (Cr). Educational data only.
What is the P/E ratio of Polycab India Ltd?
Polycab India Ltd has a P/E of 55.82x vs industry average 25.54x.
What is the Bull Run score for Polycab India Ltd?
Polycab India Ltd has a Bull Run score of 63.7/100 based on 25+ financial parameters.
Does Polycab India Ltd pay dividends?
Polycab India Ltd has a dividend yield of 0.50%. Past dividends don't guarantee future payments.
What is the ROE of Polycab India Ltd?
Polycab India Ltd has ROE of 23.05%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Polycab India Ltd?
Polycab India Ltd has debt-to-equity of 0.02.
Is Polycab India Ltd a good investment?
Bull Run gives Polycab India Ltd a score of 63.7/100. This is not investment advice — consult a SEBI-registered advisor.