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

The projected decline in POLYCAB's revenues compared to last year is expected to make investors cautious. A drop in revenue often has a direct negative effect on the company's bottom line, signaling potential challenges that could undermine investor confidence and reduce overall profitability.

Financial Ratios:

currentRatio 1.94100
forwardPE 36.93798
debtToEquity 2.08700
earningsGrowth 0.56000
revenueGrowth 0.17800
grossMargins 0.26148
operatingMargins 0.14357
trailingEps 162.91000
forwardEps 164.65000

POLYCAB's current ratio 1.941, suggesting the company has sufficient liquidity to service its short-term debt. With its cash reserves and current assets in good shape, POLYCAB can comfortably meet its immediate liabilities, reflecting a healthy financial standing.
With positive earnings and revenue growth, Polycab India Limited is on a path to expand its business. This strong financial performance suggests the company will continue to grow, as increasing profits and revenue highlight a healthy outlook.
Polycab India Limited's forward EPS being higher than its trailing EPS suggests that the company is expected to generate stronger profits this year. This points to improving financial performance, with Polycab India Limited anticipated to deliver better earnings than it did in the prior year.

Price projections:

Price projections for POLYCAB
Price projections for POLYCAB

POLYCAB'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 to continue its positive trajectory.

Insider Transactions:

Insider Transactions for POLYCAB
Insider Transactions for POLYCAB


2 transactions were made to sell POLYCAB shares, with market price of 7410.02490234375.During the period under review, no sell transactions were recorded.Investors are purchasing POLYCAB more frequently than selling it near the current price levels, which might point to a bullish sentiment. This pattern could be interpreted as a favorable outlook for the stock's future.

Recommendation changes over time:

Recommendations trend for POLYCAB
Recommendations trend for POLYCAB


Recent analysis shows a strong buy bias for POLYCAB, encouraging investors to view it as a solid investment option. The positive sentiment surrounding POLYCAB suggests it could be an attractive place to allocate funds, motivating potential investors to consider the stock as a valuable part of their portfolio.