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

Investors may react cautiously to news that POLYCAB's revenues are forecasted to be lower than last year's. Such declines are likely to have a negative effect on the company's bottom line, which can lead to concerns about profitability and hinder investor confidence in the company's future performance.

Financial Ratios:

currentRatio 2.193000
forwardPE 34.417114
debtToEquity 1.947000
earningsGrowth 0.493000
revenueGrowth 0.257000
grossMargins 0.252820
operatingMargins 0.130700
trailingEps 146.820000
forwardEps 164.650000

Polycab India Limited's current ratio of 2.193 highlights the company's solid liquidity, indicating that it can easily service its short-term debt. Polycab India Limited's ample cash reserves and current assets ensure that the company is well-positioned to meet its immediate financial liabilities.
With positive growth in both earnings and revenue, POLYCAB is expected to grow its business. These indicators highlight a strong financial outlook, with the company on track for continued expansion and increasing profitability.
POLYCAB's forward EPS exceeding its trailing EPS means the company is expected to be more profitable this year than last. This suggests an upward trend in earnings, with forecasts indicating that POLYCAB's financial performance will improve in the current financial year.

Price projections:

Price projections for POLYCAB
Price projections for POLYCAB

Over time, price projections for POLYCAB have gradually increased, reflecting rising confidence in the company's future performance. This upward trend suggests analysts expect POLYCAB to continue on a positive growth trajectory.

Insider Transactions:

Insider Transactions for POLYCAB
Insider Transactions for POLYCAB


There were 2 POLYCAB stock sales, with market price at 7410.02490234375.No sell transactions occurred during the period under consideration.POLYCAB has seen more buys than sells at its current price levels, which may suggest optimism among investors. This buying trend could indicate that the market expects a favorable performance for the stock in the near future.

Recommendation changes over time:

Recommendations trend for POLYCAB
Recommendations trend for POLYCAB


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