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

With POLYCAB's revenues expected to fall below the previous year's, investors are likely to approach the stock with caution. Declining revenues can negatively affect profitability, which makes it harder for the company to maintain investor confidence and perform well in the market.

Financial Ratios:

currentRatio 0.00000
forwardPE 31.95566
debtToEquity 2.08700
earningsGrowth 0.35900
revenueGrowth 0.46100
grossMargins 0.25798
operatingMargins 0.11268
trailingEps 174.10000
forwardEps 210.35397

Polycab India Limited's positive earnings and revenue growth signal the company's business is on track for further expansion. These strong financial trends suggest that Polycab India Limited will continue to grow its operations, driven by increasing profits and revenue.
Polycab India Limited'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 India Limited's financial performance will improve in the current financial year.

Price projections:

Price projections for POLYCAB
Price projections for POLYCAB

The steady upward revision of Polycab India Limited's price projections indicates growing confidence in the company's future. Analysts are increasingly optimistic about Polycab India Limited's potential to deliver strong results and increased market value.

Insider Transactions:

Insider Transactions for POLYCAB
Insider Transactions for POLYCAB


2 transactions were made to sell Polycab India Limited shares, with market price of 7410.02490234375.The period under consideration saw no sell transactions.The recent trend of more purchases than sales at POLYCAB's current price could signal investor optimism. This pattern may point to a positive outlook for the stock, as it indicates growing confidence in its potential to perform well in the future.

Recommendation changes over time:

Recommendations trend for POLYCAB
Recommendations trend for POLYCAB


The analysts' recent buy bias for POLYCAB indicates strong confidence in the stock's future performance. This could encourage more investors to view POLYCAB as a worthwhile investment, positioning the company as a top choice for those seeking financial security and long-term growth opportunities.