Polycab India Ltd.

NSE: POLYCAB BSE: 542652 SECTOR: Cable  234k   3k   727

3538.05
-57.40 (-1.60%)
NSE: Today, 03:59 PM

Price Summary

Today's High

₹ 3595

Today's Low

₹ 3523.05

52 Week High

₹ 3618

52 Week Low

₹ 2043.85

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.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

52989.28 Cr.

Enterprise Value

52675.29 Cr.

No. of Shares

14.98 Cr.

P/E

41.67

P/B

8.02

Face Value

₹ 10

Div. Yield

0.56 %

Book Value (TTM)

₹  441.29

CASH

390.52 Cr.

DEBT

76.54 Cr.

Promoter Holding

66.2 %

EPS (TTM)

₹  84.9

Sales Growth

38.48%

ROE

18.33 %

ROCE

24.21%

Profit Growth

12.02 %

* 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

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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 Year38.48%
3 Year15.07%
5 Year17.08%

Profit Growth

1 Year12.02%
3 Year22.92%
5 Year32.03%

ROE%

1 Year18.33%
3 Year20.27%
5 Year19.33%

ROCE %

1 Year24.21%
3 Year25.82%
5 Year25.49%

Debt/Equity

0.014

Price to Cash Flow

114.97

Interest Cover Ratio

37.6497606223818

CFO/PAT (5 Yr. Avg.)

1.01837274064826

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2023 66.2 0
Dec 2022 66.61 0
Sep 2022 67.97 0
Jun 2022 67.99 0
Mar 2022 68.08 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 22.9191303376884% for the Past 3 years.
  • The company has shown a good revenue growth of 15.0695557458889% for the Past 3 years.
  • Company has been maintaining healthy ROE of 20.2667844242158% over the past 3 years.
  • Company has been maintaining healthy ROCE of 25.8163732433748% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 37.6497606223818.
  • The company has an efficient Cash Conversion Cycle of 78.5811474220426 days.
  • Company has a healthy liquidity position with current ratio of 2.99432589492297.
  • The company has a good cash flow management; CFO/PAT stands at 1.01837274064826.
  • The company has a high promoter holding of 66.2%.

 Limitations

 Looks like the company does not have any serious limitations.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
Net Sales 3926.59 2698.79 3260.48 3664.9 4287.41
Total Expenditure 3460.2 2396.93 2846.46 3169.98 3687.14
Operating Profit 466.39 301.86 414.01 494.92 600.27
Other Income 17.14 44.27 -1.81 39.61 54.02
Interest 12.03 7.99 13.4 8.14 26.53
Depreciation 48.55 49.34 50.57 50.74 51.73
Exceptional Items 0 0 0 0 0
Profit Before Tax 422.95 288.79 348.24 475.65 576.02
Tax 102.75 70.39 85.49 118.05 143.17
Profit After Tax 320.2 218.4 262.74 357.6 432.84
Adjusted EPS (Rs) 21.43 14.6 17.56 23.89 28.9

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

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 6758.69 7940.12 8806.91 8736.36 12097.91
Total Expenditure 6034.86 6991.64 7689.93 7650.62 10873.02
Operating Profit 723.83 948.48 1116.99 1085.74 1224.89
Other Income 67.13 63.95 93.46 124.85 105.6
Interest 92.17 115.77 47.9 41.12 33.42
Depreciation 131.97 140.07 159.09 174.01 196.56
Exceptional Items 0 0 0 0 124.33
Profit Before Tax 566.82 756.59 1003.46 995.46 1224.84
Tax 208.43 255.15 242.5 164.13 293.56
Net Profit 358.39 501.44 760.95 831.33 931.27
Adjusted EPS (Rs.) 0 0 51.11 55.75 62.32

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 141.21 141.21 148.88 149.12 149.44
Total Reserves 2206.62 2707.74 3691.41 4558.11 5371.46
Borrowings 151.77 78.58 2.99 0 0
Other N/C liabilities 82.95 64.67 89.94 101.59 94.32
Current liabilities 1840.99 2603.22 1994.98 1918.08 1692.07
Total Liabilities 4423.53 5595.42 5928.21 6726.89 7307.3
Assets
Net Block 1179.94 1255.01 1395.08 1580.66 1619.12
Capital WIP 135.4 185.87 240.97 98.47 374.48
Intangible WIP 0 0 0 0 0
Investments 38.6 42.69 46.19 73.85 49.15
Loans & Advances 148.72 198.3 218.46 199.3 184.65
Other N/C Assets 6.43 6.33 2.27 56.92 13.28
Current Assets 2914.44 3907.22 4025.24 4717.7 5066.62
Total Assets 4423.53 5595.42 5928.21 6726.89 7307.3
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 566.82 756.59 1003.46 995.46 1224.84
Adjustment 271.78 345.19 146.77 155.82 72.78
Changes in Assets & Liabilities -347.3 303.37 -616.75 261.04 -508.61
Tax Paid -139.3 -181.19 -299.54 -237.54 -328.12
Operating Cash Flow 352 1223.96 233.93 1174.77 460.88
Investing Cash Flow -178 -395.67 -257.14 -1037.64 -359.95
Financing Cash Flow -188.64 -657.3 15.51 -109.77 -184.52
Net Cash Flow -14.64 170.99 -7.7 27.37 -83.59

Corporate Actions

Investors Details

PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Promoters 68.08 67.99 67.97 66.61 66.20
inder t jaisinghani 12.97 12.96 12.95 12.61 12.60
ajay t jaisinghani 12.95 12.93 12.93 12.00 11.93
ramesh t jaisingha... 12.37 12.26 12.25 11.75 11.70
girdhari thakurdas... 10.16 10.15 10.14 9.84 9.84
kunal inder jaisin... 3.89 3.89 3.89 3.89 3.77
nikhil ramesh jais... 3.65 3.64 3.64 3.56 3.56
bharat jaisinghani 3.66 3.66 3.66 3.66 3.65
girdhari thakurdas... - - - - 1.34
girdhari thakurdas... - - - - 1.34
girdhari thakurdas... - - - - 1.34
girdhari thakurdas... 1.34 1.34 1.34 1.34 -
girdhari thakurdas... 1.34 1.34 1.34 1.34 -
girdhari thakurdas... 1.34 1.34 1.34 1.34 -
ajay t jaisinghani... 0.40 0.40 0.40 0.77 -
ajay t jaisinghani... - - - - 0.77
inder thakurdas ja... - - - - 0.67
inder thakurdas ja... - - - - 0.67
ramesh t jaisingha... 0.67 0.67 0.67 0.67 -
ramesh t jaisingha... 0.67 0.67 0.67 0.67 0.67
inder thakurdas ja... - - 0.67 0.67 -
inder thakurdas ja... - - 0.67 0.67 -
ramesh t jaisingha... - - - - 0.67
inder thakurdas ja... 0.67 0.67 - - -
inder thakurdas ja... 0.67 0.67 - - -
inder thakurdas ja... - - - - -
ajay t jaisinghani... 0.40 0.40 0.40 0.50 -
ajay t jaisinghani... 0.40 0.40 0.40 0.40 -
ajay t jaisinghani... - - - - 0.40
ajay t jaisinghani... - - - - 0.40
ramesh t jaisingha... 0.33 0.33 0.33 0.33 -
ramesh t jaisingha... - - - - 0.33
ramesh t jaisingha... - - - - 0.22
ramesh thakurdas j... - - - 0.22 -
deepika sehgal 0.07 0.13 0.13 0.04 0.04
rita hariram haria... 0.12 0.12 0.12 0.12 0.12
aarti ajay jaising... - - - 0.05 0.04
reina r jaisinghani - - - 0.05 0.05
mrinalini ramesh j... 0.02 0.03 0.03 0.05 0.05
akansha punjabi - - - 0.04 -
ritika nikhil jais... - - - 0.03 0.03
juhi hemant ramnani - - - 0.01 0.01
karina c moriani - - - 0.01 0.01
reshma m kukreja - - - 0.01 -
PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Investors 31.92 32.01 32.03 33.39 33.80
anil hariram haria... 3.25 3.24 3.24 3.17 3.17
ramakrishnan ramam... 1.08 1.08 1.08 1.08 1.08
dsp midcap fund - - 1.64 - -
dsp dynamic asset ... - - - 1.62 -
dsp equity & bond ... 1.54 1.26 - - 1.54
canara robeco mutu... - - - - -
t. rowe price inte... - - - - -
aditya birla sun l... - - - 1.21 1.04
canara robeco mutu... 1.17 1.15 - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

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 informs about analyst meet20 Mar 2023, 11:13AM Polycab India informs about analyst meet 17 Mar 2023, 10:54AM Polycab India informs about analyst meet 15 Mar 2023, 12:51PM Polycab India informs about analyst meet 2 Mar 2023, 12:48PM Polycab India informs about analyst meet 24 Feb 2023, 12:37PM Polycab India informs about analyst meet 22 Feb 2023, 10:32AM Polycab India informs about analyst meet 17 Feb 2023, 10:01AM Polycab India informs about analyst meet 10 Feb 2023, 11:45AM Polycab India informs about analyst meet 9 Feb 2023, 12:36PM Polycab India informs about press release31 Jan 2023, 3:07PM Polycab India informs about analyst meet 23 Jan 2023, 10:32AM Polycab India reports 14% rise in Q3 consolidated net profit20 Jan 2023, 11:41AM Polycab India informs about outcome of board meeting19 Jan 2023, 4:09PM Polycab India informs about outcome of nomination and remuneration committee19 Jan 2023, 4:06PM Polycab India - Quaterly Results19 Jan 2023, 3:00PM Polycab India - Quaterly Results19 Jan 2023, 3:00PM Polycab India - Quaterly Results19 Jan 2023, 3:00PM Polycab India informs about board meeting7 Jan 2023, 10:03AM Polycab India informs about analyst meet 23 Dec 2022, 11:12AM Polycab India informs about investors meet 13 Dec 2022, 11:53AM Polycab India informs about analyst meet8 Dec 2022, 2:38PM Polycab India informs about allotment of equity shares 6 Dec 2022, 12:49PM Polycab India partners with Redington1 Dec 2022, 12:16PM Polycab India informs about allotment of equity shares 19 Nov 2022, 12:19PM Polycab India informs about allotment of equity shares8 Nov 2022, 12:26PM Polycab India showcases wide range of customized offerings for Defense sector at DEFEXPO 22 Oct 2022, 4:12PM Polycab India reports 35% rise in Q2 consolidated net profit18 Oct 2022, 4:15PM Polycab India informs about outcome of board meeting 18 Oct 2022, 2:48PM Polycab India - Quaterly Results18 Oct 2022, 2:14PM Polycab India - Quaterly Results18 Oct 2022, 2:14PM Polycab India - Quaterly Results18 Oct 2022, 2:14PM Polycab India showcases range of solar products at Renewable Energy India Expo 1 Oct 2022, 5:14PM Polycab India informs about conference call11 Aug 2022, 12:36PM Polycab India informs about transcript of earnings call27 Jul 2022, 10:11AM Polycab India informs about analyst meet23 Jul 2022, 4:12PM Polycab India informs about financial statements19 Jul 2022, 4:37PM Polycab India informs about corporate presentation19 Jul 2022, 4:29PM Polycab India informs about submission of financial results 19 Jul 2022, 3:10PM

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 find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. 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 41.6717705423143 which is high and comparatively 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 13.2714758223649 % which is a bad 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 2.99432589492297 .

  • 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 18.3252900738799 % .(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 D/E ratio of 0.014 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Polycab India has an Inventory turnover ratio of 5.90361776202991 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Polycab India has reported revenue growth of 38.4776523683428 % which is fair 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 10.1247827207164 %.

  • 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 14 and the yield is 0.5658 %.

Brief about Polycab India

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