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 revenues are expected to fall below last year's, and this forecast tends to raise concerns among investors. A revenue drop can negatively impact the company's profitability, making investors more cautious about their positions due to the risks of declining financial 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's current ratio being 2.193 suggests that it has more than enough liquidity to cover short-term debt obligations. The company's cash reserves and current assets are sufficient to meet immediate liabilities, signaling solid financial health and minimal risk.
POLYCAB's positive growth in earnings and revenue suggests the company is on track to expand its business. These indicators highlight a healthy financial performance, with POLYCAB expected to increase its market presence and profitability.
With a forward EPS greater than its trailing EPS, Polycab India Limited is expected to see higher profitability this year. The forecasted increase in earnings reflects optimism about the company's financial growth and potential for improved performance over the prior year.

Price projections:

Price projections for POLYCAB
Price projections for POLYCAB

Price projections for POLYCAB have consistently been revised upward, indicating positive sentiment toward the company. This gradual adjustment reflects growing confidence in POLYCAB's future potential and financial outlook among analysts.

Insider Transactions:

Insider Transactions for POLYCAB
Insider Transactions for POLYCAB


There were 2 transactions selling POLYCAB stock, with prevailing market price of 7410.02490234375.The period under consideration did not see any sell transactions.Investors have shown more interest in buying than selling Polycab India Limited at current price levels, which may point to a positive market sentiment. This could indicate that investors are expecting favorable results from the stock in the near future.

Recommendation changes over time:

Recommendations trend for POLYCAB
Recommendations trend for POLYCAB


With analysts showing a buy bias for POLYCAB, investors may be more inclined to see the stock as an attractive investment. The favorable outlook could spur increased interest, positioning POLYCAB as a safe and profitable place for investors to allocate their funds and seek growth.