Ticker >

Polycab India share price

Polycab India Ltd.

NSE: POLYCAB BSE: 542652 SECTOR: Cable  420k   3k   792

6481.80
-5.85 (-0.09%)
BSE: 17 May 04:01 PM

Price Summary

Today's High

₹ 6542.2

Today's Low

₹ 6451.45

52 Week High

₹ 6542.2

52 Week Low

₹ 3364.8

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

97390.96 Cr.

Enterprise Value

96827.33 Cr.

No. of Shares

15.03 Cr.

P/E

55.03

P/B

11.96

Face Value

₹ 10

Div. Yield

0.46 %

Book Value (TTM)

₹  542.05

CASH

645.76 Cr.

DEBT

82.13 Cr.

Promoter Holding

65.24 %

EPS (TTM)

₹  117.78

Sales Growth

14.99%

ROE

21.08 %

ROCE

28.4%

Profit Growth

36.54 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

Please login to Add & View your own added ratios.

Login

Index Presence

The company is present in 25 Indices.

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year14.99%
3 Year16.46%
5 Year15.53%

Profit Growth

1 Year36.54%
3 Year18.67%
5 Year28.82%

ROE%

1 Year21.08%
3 Year19.66%
5 Year20.25%

ROCE %

1 Year28.4%
3 Year25.4%
5 Year26.76%

Debt/Equity

0.0125

Price to Cash Flow

67.3

Interest Cover Ratio

31.1208083618721

CFO/PAT (5 Yr. Avg.)

1.05678443935202

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 65.24 0
Dec 2023 65.79 0
Sep 2023 65.91 0
Jun 2023 65.99 0
Mar 2023 66.2 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 18.6667982997995% for the Past 3 years.
  • The company has shown a good revenue growth of 16.461789157975% for the Past 3 years.
  • Company has been maintaining healthy ROCE of 25.4001363284871% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 31.1208083618721.
  • The company has an efficient Cash Conversion Cycle of 74.4513228933014 days.
  • Company has a healthy liquidity position with current ratio of 2.69557516323674.
  • The company has a good cash flow management; CFO/PAT stands at 1.05678443935202.
  • The company has a high promoter holding of 65.24%.

 Limitations

  • The company is trading at a high EV/EBITDA of 36.6187.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Net Sales 4287.61 3849 4256.13 4512.92 5432.7
Total Expenditure 3687.08 3304.02 3625.44 3891.66 4795.79
Operating Profit 600.54 544.98 630.7 621.26 636.9
Other Income 53.58 64.52 35.52 70.94 52.05
Interest 26.53 23.68 23.99 30.19 22.59
Depreciation 52.54 55.37 57.96 59.52 63.47
Exceptional Items 0 0 0 0 0
Profit Before Tax 575.04 530.45 584.27 602.49 602.9
Tax 142.83 126.98 134.51 143.21 144.75
Profit After Tax 432.21 403.47 449.76 459.28 458.14
Adjusted EPS (Rs) 28.86 26.92 29.98 30.59 30.5

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 7940.12 8806.91 8736.36 12097.91 13911.57
Total Expenditure 6991.64 7689.93 7650.62 10873.02 12103.68
Operating Profit 948.48 1116.99 1085.74 1224.89 1807.89
Other Income 63.95 93.46 124.85 105.6 139.26
Interest 115.77 47.9 41.12 33.42 56.06
Depreciation 140.07 159.09 174.01 196.56 202.39
Exceptional Items 0 0 0 124.33 0
Profit Before Tax 756.59 1003.46 995.46 1224.84 1688.69
Tax 255.15 242.5 164.13 293.56 417.11
Net Profit 501.44 760.95 831.33 931.27 1271.59
Adjusted EPS (Rs.) 35.51 51.11 55.75 62.32 84.91

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 141.21 148.88 149.12 149.44 149.77
Total Reserves 2707.74 3691.41 4558.11 5371.46 6459.37
Borrowings 78.58 2.99 0 0 0
Other N/C liabilities 64.67 89.94 101.59 94.32 123.72
Current liabilities 2603.22 1994.98 1918.08 1692.07 2502.19
Total Liabilities 5595.42 5928.21 6726.89 7307.3 9235.04
Assets
Net Block 1255.01 1395.08 1580.66 1619.12 2011.54
Capital WIP 185.87 240.97 98.47 374.48 249.27
Intangible WIP 0 0 0 0 0
Investments 42.69 46.19 73.85 49.15 49.15
Loans & Advances 198.3 218.46 199.3 184.65 172.66
Other N/C Assets 6.35 2.27 56.92 13.28 7.57
Current Assets 3907.2 4025.24 4717.7 5066.62 6744.85
Total Assets 5595.42 5928.21 6726.89 7307.3 9235.04
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 756.59 1003.46 995.46 1224.84 1688.69
Adjustment 345.19 146.77 155.82 72.78 177.41
Changes in Assets & Liabilities 303.37 -616.75 261.04 -508.61 -58.72
Tax Paid -181.19 -299.54 -237.54 -328.12 -360.37
Operating Cash Flow 1223.96 233.93 1174.77 460.88 1447.01
Investing Cash Flow -395.67 -257.14 -1037.64 -359.95 -1182.38
Financing Cash Flow -657.3 15.51 -109.77 -184.52 -256.6
Net Cash Flow 170.99 -7.7 27.37 -83.59 8.03

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 66.20 65.99 65.91 65.79 65.24
aarti ajay jaisinghani 0.04 0.04 0.04 0.04 0.04
ajay t jaisinghani 11.93 11.92 11.91 11.90 9.90
ajay t jaisinghani/(akans... 0.40 0.40 0.40 0.40 0.87
ajay t jaisinghani/aarti ... 0.77 0.77 0.77 0.77 1.43
ajay t jaisinghani/aarti ... 0.40 0.40 0.40 0.40 0.73
akansha punjabi - 0.02 0.01 - 0.02
bharat jaisinghani 3.65 3.65 3.65 3.64 3.64
deepika sehgal 0.04 0.17 0.17 0.17 0.17
girdhari thakurdas jaisin... 9.84 9.77 9.76 9.75 9.74
girdhari thakurdas jaisin... 1.34 1.33 1.33 1.33 1.33
girdhari thakurdas jaisin... 1.34 1.33 1.33 1.33 1.33
girdhari thakurdas jaisin... 1.34 1.33 1.33 1.33 1.33
inder t jaisinghani 12.60 12.59 12.58 12.57 12.56
inder thakurdas jaisingha... 0.67 0.67 0.67 0.67 0.67
inder thakurdas jaisingha... 0.67 0.67 0.67 0.67 0.67
juhi hemant ramnani 0.01 0.04 0.04 0.04 0.04
karina c moriani 0.01 0.04 0.04 0.04 0.04
kunal inder jaisinghani 3.77 3.76 3.76 3.76 3.75
mrinalini ramesh jaisingh... 0.05 0.18 0.18 0.18 0.18
nikhil ramesh jaisinghani... 3.56 3.56 3.55 3.55 3.55
ramesh t jaisinghani 11.70 11.25 11.23 11.22 11.22
ramesh t jaisinghani/(mri... 0.33 0.33 0.33 0.33 0.33
ramesh t jaisinghani/(r r... 0.22 0.08 0.08 0.03 0.03
ramesh t jaisinghani/rein... 0.67 0.67 0.67 0.67 0.67
ramesh t jaisinghani/rein... 0.67 0.67 0.67 0.67 0.67
reina r jaisinghani 0.05 0.18 0.18 0.18 0.18
rita hariram hariani 0.12 0.12 0.12 0.12 0.12
ritika nikhil jaisinghani... 0.03 0.03 0.03 0.03 0.03
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 33.80 34.01 34.09 34.21 34.76
anil hariram hariani 3.17 3.17 3.17 3.16 3.16
dsp nifty midcap 150 qual... - - - - 1.58
motilal oswal nifty 200 m... - - - - 1.20
bnp paribas arbitrage - - 1.16 - -
dsp nifty midcap 150 qual... - - 1.30 - -
ramakrishnan ramamurthi 1.08 1.08 1.04 - -
dsp flexi cap fund - 1.64 - - -
aditya birla sun life tru... 1.04 - - - -
dsp equity & bond fund 1.54 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Polycab India reports 29% rise in Q4 consolidated net profit10 May 2024, 4:30PM Polycab India - Quaterly Results10 May 2024, 11:50AM Polycab India - Quaterly Results10 May 2024, 11:50AM Polycab India - Quaterly Results10 May 2024, 11:50AM Polycab India informs about allotment of equity shares under ESOS12 Apr 2024, 10:56AM Polycab India submits CDP11 Mar 2024, 3:00PM Polycab India informs about disclosure6 Mar 2024, 2:39PM Polycab India informs about analyst meet 21 Feb 2024, 11:08AM Polycab India informs about analyst meet 21 Feb 2024, 11:07AM Polycab India informs about allotment of equity shares under ESOS24 Jan 2024, 10:15AM Polycab India reports 15% rise in Q3 consolidated net profit19 Jan 2024, 11:21AM Polycab India - Quaterly Results18 Jan 2024, 3:04PM Polycab India - Quaterly Results18 Jan 2024, 3:04PM Polycab India - Quaterly Results18 Jan 2024, 3:04PM Income Tax department raids Polycab11 Jan 2024, 11:14AM Polycab India informs about press release 10 Jan 2024, 2:57PM Polycab India informs about allotment of equity shares under ESOS6 Jan 2024, 10:21AM Polycab India informs about disclosure26 Dec 2023, 5:05PM Polycab India informs about investor meet 12 Dec 2023, 3:08PM Polycab India informs about analyst meet30 Nov 2023, 4:42PM Polycab India informs about allotment of equity shares under ESOS20 Nov 2023, 5:20PM Polycab India reports 59% rise in Q2 consolidated net profit18 Oct 2023, 3:15PM Polycab India - Quaterly Results18 Oct 2023, 2:13PM Polycab India - Quaterly Results18 Oct 2023, 2:13PM Polycab India - Quaterly Results18 Oct 2023, 2:13PM Polycab India informs about analyst meet 16 Sep 2023, 11:31AM Polycab India informs about allotment of ESOP7 Sep 2023, 3:50PM Polycab India informs about analyst meet intimation4 Sep 2023, 4:40PM Polycab India reports 81% rise in Q1 consolidated net profit18 Jul 2023, 2:18PM Polycab India - Quaterly Results18 Jul 2023, 1:17PM Polycab India - Quaterly Results18 Jul 2023, 1:17PM Polycab India - Quaterly Results18 Jul 2023, 1:17PM Polycab India submits board meeting intimation6 Jul 2023, 1:10PM Polycab India informs about investors meeting26 Jun 2023, 2:19PM Polycab India informs about analyst meet21 Jun 2023, 2:46PM Polycab India informs about investor conference19 Jun 2023, 10:35AM Polycab India informs about investor conference12 Jun 2023, 12:58PM Polycab India informs about investor conference12 Jun 2023, 12:27PM Polycab India informs about investor conference 6 Jun 2023, 12:13PM Polycab India informs about analyst meet30 May 2023, 12:29PM Polycab India informs about revised audited financial results12 May 2023, 4:54PM Polycab India reports 32% rise in Q4 consolidated net profit 12 May 2023, 3:24PM Polycab India - Quaterly Results12 May 2023, 2:28PM Polycab India - Quaterly Results12 May 2023, 2:28PM Polycab India - Quaterly Results12 May 2023, 2:28PM Polycab India informs about PCS certificate25 Apr 2023, 4:53PM Polycab India informs about investors meeting 27 Mar 2023, 11:49AM Polycab India informs about allotment of equity shares 24 Mar 2023, 4:35PM Polycab India informs about analyst meet 24 Mar 2023, 12:11PM Polycab India informs about analyst meet 23 Mar 2023, 9:56AM

Polycab India Stock Price Analysis and Quick Research Report. Is Polycab India an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Polycab India . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Polycab India has a PE ratio of 55.1111741292181 which is high and comparatively overvalued .

  • Share Price: - The current share price of Polycab India is Rs 6490.95. One can use valuation calculators of ticker to know if Polycab India share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Polycab India has ROA of 15.3737277040283 % which is a good sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Polycab India has a Current ratio of 2.69557516323674 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Polycab India has a ROE of 21.0819340600894 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Polycab India has a Debt to Equity ratio of 0.0125 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Polycab India has reported revenue growth of 14.991516302528 % which is poor in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Polycab India for the current financial year is 12.99557224638 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Polycab India is Rs 20 and the yield is 0.4619 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Polycab India is Rs 117.7792 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Polycab India in Ticker for free. Also, one can get the intrinsic value of Polycab India by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Polycab India

Polycab India Ltd. Financials: Check Share Price, Balance Sheet, Annual Report and Quarterly Results for Company Analysis

Welcome to our comprehensive analysis of Polycab India Ltd.'s stock, designed specifically for long-term stock investors seeking in-depth stock analysis. In this article, we will delve into various aspects of Polycab India Ltd.'s stock, providing valuable insights to aid investors in making informed investment decisions.

Polycab India Ltd. Share Price:

Polycab India Ltd.'s share price holds a significant place in determining investors' perception of the company's performance and growth prospects. It is a reflection of the market's confidence in the company's ability to generate long-term value for its shareholders. Utilizing our user-friendly pre-built screening tools, long-term investors can analyze and monitor Polycab India Ltd.'s share price trends and patterns. By doing so, investors can gain valuable insights into the company's market potential and the sentiments of other investors.

Polycab India Ltd. Balance Sheet:

Polycab India Ltd.'s balance sheet is a crucial source of information for evaluating the financial health and performance of the company. It presents an overview of the company's assets, liabilities, and equity. Long-term investors can employ our pre-built screening tools to meticulously analyze Polycab India Ltd.'s balance sheet, identifying any red flags or potential opportunities. The analysis of the balance sheet enables investors to assess the company's asset base and its ability to manage its liabilities effectively.

Polycab India Ltd. Annual Report:

Delivering valuable insights into the company's financial performance, strategic initiatives, and future plans, Polycab India Ltd.'s annual report serves as an essential resource for long-term investors. Our website offers downloadable copies of Polycab India Ltd.'s annual reports. Investors can access these reports to gain a comprehensive understanding of the company's operations, financial performance, and market outlook. The annual report includes a CEO letter, financial statements, and management discussion and analysis.

Polycab India Ltd. Dividend:

Polycab India Ltd. has established itself as a growth-oriented company and, consequently, has yet to pay any dividends to its shareholders. The company prioritizes reinvesting its profits to expand its operations and enhance its long-term growth potential. Nevertheless, long-term investors should closely monitor Polycab India Ltd.'s approach to dividends in the future, especially as the company reaches higher levels of maturity and profitability. By doing so, investors can effectively evaluate the company's long-term growth prospects when considering their investment strategies.

Polycab India Ltd. Quarterly Results:

Polycab India Ltd. releases quarterly reports, granting investors access to a range of valuable information such as revenue, earnings, and expenses. These reports provide a clear picture of the company's financial health and performance on a regular basis. Our pre-built screening tools enable long-term investors to analyze Polycab India Ltd.'s quarterly results and observe any significant trends or patterns. By leveraging this analysis, investors can enhance their decision-making process and gain insights into the company's performance.

Polycab India Ltd. Stock Price:

Polycab India Ltd.'s stock price is influenced by several factors, including the company's financial performance, prevailing economic conditions, and market sentiment. Our website facilitates the monitoring of Polycab India Ltd.'s stock price using pre-built screening tools, enabling investors to identify potential buying opportunities and stay informed about trends in the stock market. Although Polycab India Ltd.'s stock price is subject to market fluctuations, the company's strong market position and growth potential make it an appealing investment option for long-term investors.

Polycab India Ltd. Price Chart:

A visual representation of a company's stock price over time, the price chart provides crucial insights for long-term investors. By analyzing Polycab India Ltd.'s price chart, investors can identify trends and patterns that may influence their investment decisions. Our pre-built screening tools allow investors to scrutinize the price chart, assisting in the identification of key trends. The price chart of Polycab India Ltd.'s stock reveals important information, reflecting the company's growth potential and investors' confidence.

Polycab India Ltd. News:

In order to make informed investment decisions, it is vital for long-term investors to remain up-to-date with the latest news about Polycab India Ltd. Our website offers a comprehensive collection of news articles from various sources, such as financial news websites and social media platforms. By staying updated with the latest news, investors can gain valuable insights into the company's operations, strategic initiatives, and potential market trends.

Polycab India Ltd. Concall:

Polycab India Ltd. regularly holds conference calls with analysts and investors to discuss its financial performance and future plans. These conference calls, known as concalls, serve as an important avenue for information dissemination. Investors can access information regarding upcoming concalls on our website and utilize the insights gained from listening to past concalls. These events provide a unique opportunity for long-term investors to gain a deeper understanding of Polycab India Ltd.'s operations and assess its financial performance.

Polycab India Ltd. Transcripts:

Our website features downloadable transcripts of Polycab India Ltd.'s concalls. These transcripts are an invaluable resource for long-term investors, providing a detailed account of the discussions held during the calls. Transcripts offer insights into Polycab India Ltd.'s operations, financial performance, and market outlook. Investors can utilize these transcripts to perform a comprehensive analysis of the company's financial health, growth prospects, and management strategies.

Polycab India Ltd. Investor Presentations:

Polycab India Ltd. offers investor presentations on its website, offering a wealth of information about the company's financial performance, strategic initiatives, and future plans. Accessible via our website, these presentations enable long-term investors to gain deeper insights into Polycab India Ltd.'s operations, growth potential, and market outlook. Investor presentations serve as an essential resource for investors looking to evaluate the company's long-term investment viability.

Polycab India Ltd. Promoters:

Understanding the significance of promoters' holdings is crucial for long-term investors when analyzing a company's stock. Polycab India Ltd.'s promoter holdings can be analyzed using our pre-built screening tools, allowing investors to identify any potential conflicts of interest. By considering the company's promoter holding, investors gain valuable insights into the company's strength, growth potential, and long-term viability.

Polycab India Ltd. Shareholders:

Polycab India Ltd.'s shareholder base consists of both institutional and individual investors. Our pre-built screening tools enable long-term investors to analyze Polycab India Ltd.'s shareholder base, enabling them to identify potential risks or opportunities. By gauging the composition of the shareholder base, investors can gain insights into the company's strength, growth prospects, and leadership position in the industry.

Polycab India Ltd. Premium Features:

For investors seeking a deeper analysis, our website provides premium features, including tools like the DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis. These tools offer detailed insights into Polycab India Ltd.'s financial performance, valuation, and profitability. Such premium features assist long-term investors in making more informed investment decisions by providing them with an enhanced understanding of the company's fundamentals.

Polycab India Limited ROCE

The Return on Capital Employed (ROCE) is a financial ratio that measures the profitability and efficiency of a company's capital investments. It indicates how effectively the company is utilizing its capital to generate profits. Polycab India Limited's ROCE can be found in the financials table or ratio section above. This ratio is useful for investors and analysts in assessing the company's performance and comparing it to its peers in the industry. By analyzing Polycab India Limited's ROCE, investors can gain insights into the company's ability to generate returns on the capital invested.

Polycab India Limited EBITDA

EBITDA, which stands for Earnings Before Interest, Taxes, Depreciation, and Amortization, is a measure of a company's operating performance. Polycab India Limited's EBITDA can be found in the financials table or ratio section above. This metric provides a clearer picture of the company's profitability by excluding non-operating expenses. It helps investors and analysts assess the company's ability to generate cash flow from its core operations. By examining Polycab India Limited's EBITDA, investors can evaluate the company's operational efficiency and compare it to its industry peers.

Polycab India Limited DPS

DPS, or Dividends Per Share, is a financial ratio that indicates the amount of cash a company pays to its shareholders in the form of dividends. Polycab India Limited's DPS can be found in the financials table or ratio section above. This metric is essential for income-seeking investors as it provides insights into the company's dividend policy and potential for capital appreciation. By analyzing Polycab India Limited's DPS, investors can assess the company's commitment to returning value to its shareholders and make informed investment decisions.

Polycab India Limited EPS

EPS, or Earnings Per Share, is a financial ratio that represents the portion of a company's profit allocated to each outstanding share of common stock. Polycab India Limited's EPS can be found in the financials table or ratio section above. This metric is crucial for investors and analysts in assessing the company's profitability on a per-share basis. It helps evaluate the company's growth potential and compare it to its industry peers. By examining Polycab India Limited's EPS, investors can get insights into the company's earnings performance and make informed investment decisions.

Read More
X