Overall Fundamental outlook

Business Operations:

Sector: Industrials
Industry: Electrical Equipment & Parts

Polycab India Limited manufactures and sells wires and cables under the POLYCAB brand in India and internationally. The company offers power cables, control cables, instrumentation cables, solar cables, building wires, flexible cables, flexible/single multi core cables, and communication cables, as well as welding cables, submersible flat and round cables, rubber cables, overhead conductors, railway signaling cables, specialty cables and green wires. It also provides ceiling, table, pedestal, wall, exhaust, farrata, and air circulated fans. In addition, the company provides lighting and luminaires, IR touch switches, modular plates, switches, and accessories, and switchgear consisting of isolators, MCB, RCCB, RCBO, DB, ACCL, and MCB changeover switches. Further, the company offers solar grid tie inverter, DC MCB, solar DC cable, and solar panels; and UPVC conduit and concealed box. Additionally, it provides water heaters, coolers, and iron appliances. Furthermore, the company engages in the design, engineering, supply, execution, and commissioning of power distribution, transmission, and rural electrification projects. It operates a distribution network through authorized dealers and distributors; and retail outlets. The company was founded in 1964 and is based in Mumbai, India.

Revenue projections:

Revenue projections for POLYCAB
Revenue projections for POLYCAB

Polycab India Limited's revenue projections show a decrease from last year, which tends to make investors more cautious. This could have a negative impact on the company's bottom line, as lower revenues typically suggest reduced profitability and growth potential, prompting concern among investors.

Financial Ratios:

currentRatio 1.841000
forwardPE 38.463657
debtToEquity 2.558000
earningsGrowth 0.080000
revenueGrowth 0.269000
grossMargins 0.251470
operatingMargins 0.129510
trailingEps 177.370000
forwardEps 247.792360

With a current ratio of 1.841, POLYCAB has the liquidity needed to easily service its short-term debt. The company's cash reserves and current assets are sufficient, indicating that POLYCAB is in a strong position to meet its immediate financial obligations without difficulty.
POLYCAB's forward EPS being higher than its trailing EPS points to expected growth in profitability. This suggests that the company is projected to perform better in the current financial year, with higher earnings forecasted compared to the previous year.

Price projections:

Price projections for POLYCAB
Price projections for POLYCAB

Over time, price projections for POLYCAB have gradually risen, signaling growing optimism about the company's future. This upward revision reflects increasing confidence in POLYCAB's ability to achieve strong financial results.

Recommendation changes over time:

Recommendations trend for POLYCAB
Recommendations trend for POLYCAB


The recent buy bias for POLYCAB from analysts signals strong confidence in the stock's potential. This positive sentiment could encourage investors to see POLYCAB as a smart place to invest their money, especially those looking for stable, long-term returns in a well-established company.