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 is projected to decrease from last year, a development that could lead investors to adopt a more cautious approach. A revenue decline can negatively affect profitability, signaling challenges for the company and making it less attractive for those seeking solid financial performance.

Financial Ratios:

currentRatio 1.86000
forwardPE 39.08752
debtToEquity 2.08900
earningsGrowth 0.35900
revenueGrowth 0.46100
grossMargins 0.25798
operatingMargins 0.11338
trailingEps 173.51000
forwardEps 205.51317

POLYCAB's current ratio of 1.86 means the company has enough liquidity to meet its short-term debt obligations. With sufficient cash reserves and current assets, POLYCAB can comfortably cover its liabilities, reflecting a strong financial outlook.
Polycab India Limited's positive earnings and revenue growth indicate that the company is well-positioned for business expansion. This growth suggests a strong financial trajectory, with Polycab India Limited expected to continue increasing its profits and revenue in the coming periods.
POLYCAB's forward EPS surpassing its trailing EPS signals projected growth in profitability, with the company expected to perform better this year. This forecast suggests that POLYCAB's earnings will improve compared to the previous financial year, highlighting optimism in its financial outlook.

Price projections:

Price projections for POLYCAB
Price projections for POLYCAB

Polycab India Limited's price projections have been revised higher over time, reflecting increased confidence in the company's future potential. This steady upward trend suggests analysts expect Polycab India Limited to continue its positive trajectory.

Recommendation changes over time:

Recommendations trend for POLYCAB
Recommendations trend for POLYCAB


Analysts' buy bias toward Polycab India Limited suggests the stock is seen as a solid investment, potentially motivating investors to consider it for their portfolios. With this positive outlook, Polycab India Limited is likely to be viewed as a secure place to allocate funds, driving further interest in the stock.