Polycab India Limited is India's largest manufacturer of wires and cables and a leading player in the fast-growing FMEG segment. Its product portfolio includes electrical wires, power cables, switches, fans, lighting, solar products, and electrical accessories. A strong nationwide distribution network supports leadership across retail and institutional markets. Infrastructure spending, housing, and industrial electrification continue to drive demand. Product diversification beyond cables supports sustainable long-term growth.
| Market cap | Sales (TTM) | Net profit (TTM) | P/E | EPS (TTM) | P/B | ROE | ROE previous year | ROCE | Debt / equity | Free cash flow | EV / EBITDA | Beta |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ₹1.21L cr | ₹34,609 cr | ₹3,202 cr | 38.1 | 210.44 | 9.24 | 24.5% | 22.4% | 34.6% | 0.01 | ₹2,340 cr | 24.8 | 0.95 |
| Quarter | Sales ₹ cr | Net profit ₹ cr | EPS | EPS YoY | Sales YoY | Net margin |
|---|---|---|---|---|---|---|
| Sep 2026 | 9,899 | 990 | 64.87 | +42.4% | +52.8% | 10.0% |
| Jun 2026 | 8,210 | 797 | 52.09 | +32.3% | +39.0% | 9.7% |
| Mar 2026 | 8,864 | 786 | 52.18 | +8.0% | +26.9% | 8.9% |
| Dec 2025 | 7,636 | 630 | 41.30 | +35.8% | +46.1% | 8.2% |
| Sep 2025 | 6,477 | 693 | 45.54 | +55.7% | +17.8% | 10.7% |
| Jun 2025 | 5,906 | 600 | 39.36 | +49.4% | +25.7% | 10.2% |
| Mar 2025 | 6,986 | 734 | 48.31 | +32.8% | +24.9% | 10.5% |
| Dec 2024 | 5,226 | 464 | 30.42 | +10.6% | +20.4% | 8.9% |
| Check | Result |
|---|---|
| Latest quarter EPS up 25%+ on a year ago | ✓ Pass |
| EPS growth accelerating over 3 quarters | ✓ Pass |
| Sales up 25%+, or sales growth accelerating | ✓ Pass |
| Annual EPS up 25%+ in each of the last 2 years | ✗ Fail |
| Net margin above the same quarter last year | ✗ Fail |
| Method | Checks | Score | Verdict |
|---|---|---|---|
| Minervini | ✗ Close above the 150- and 200-day averages ✓ 150-day above 200-day ✓ 200-day rising for a month ✗ 50-day above the 150- and 200-day ✗ Close above the 50-day ✗ At least 25% above the 52-week low · low 6,722.00 ✓ Within 25% of the 52-week high · high 10,083.00 ✗ RS percentile 70 or more · RS 55 Trend template - the gate, measured: a modest 21-day edge. | 3/8 | 3 of 8 |
| Weinstein | Stan Weinstein's stage analysis on the 30-week moving average. | Stage 1 - basing | |
| CAN SLIM | ✓ C latest quarter EPS up 25%+ ✗ A annual EPS up 25%+ in each of the last 2 years · O'Neil asks 3; ~2 held ✗ N within 15% of the 52-week high · high 10,083.00 ✗ S more volume on up days than down days (50 sessions) · 0.74x ✗ L RS percentile 80 or more · RS 55 — I institutional sponsorship rising · shareholding not collected yet ✓ M market in an uptrend (40%+ of stocks above their 200-day) · breadth 45% William O'Neil's growth-leader checklist. | 2/6 | Weak |
| Darvas | ✓ Box top confirmed (3 sessions below the new high) · top 10,126.00 ✗ Box bottom confirmed (3 sessions holding) · bottom 7,842.00 ✗ Close above the box top · close 8,025.00 ✗ Volume at least 1.5x its 50-day average · 0.7x Nicolas Darvas's box: buy the breakout above a confirmed box after a new high. | 45/100 | In box |
| Turtle | ✗ Close above the prior 55-session high · 9,445.00 ✗ Close above the prior 20-session high · 8,469.00 ✗ Close below the prior 20-session low · 7,842.00 Donchian channel breakout - the Turtle traders' entry. | No signal | |
| Greenblatt | — Earnings yield (EBITDA / EV) · 4.0% — Return on capital (ROCE) · 34.6% Joel Greenblatt's Magic Formula: good businesses at good prices, ranked across all companies. Earnings yield uses EBITDA, as EBIT is not held separately. | 66/100 | Average |
| Graham | ✗ Price at or below the Graham number · Graham number 2,027.88 ✗ P/E 15 or less · P/E 38.1 ✗ P/B 1.5 or less (or P/E x P/B 22.5 or less) · P/B 9.24 ✗ Current ratio 2 or more · 1.72 — 10 years of positive earnings, 20 of dividends · history not held Benjamin Graham's defensive-investor tests. | 25/100 | Expensive |
| Piotroski | ✓ Profitable (ROA > 0) ✓ Operating cash flow positive ✗ ROA rising ✓ Cash flow above net profit (earnings quality) ✓ Long-term debt / assets falling ✗ Current ratio rising · 1.84 ✓ No new shares issued ✓ Margin rising (net margin) ✗ Asset turnover rising Joseph Piotroski's F-score, FY 2025 -> 2026. | 6/9 | Average |
| Stock | 1M % | 3M % | 6M % | 1Y % | 3Y % | 5Y % | P/E | P/B | ROE % | ROCE % | ROA % | D/E | EV/EBITDA | ₹ Cr | Sales TTM ₹ Cr | Profit TTM ₹ Cr | EPS | Beta |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| POLYCAB this stock | -4.5 | -9.7 | -2.1 | +7.9 | +51.5 | +238.1 | 38.1 | 9.24 | 24.5 | 34.6 | — | 0.01 | 24.8 | 1.21L | 34,609 | 3,202 | 210.4 | 0.95 |
| UNIVCABLES | -1.1 | +21.6 | +75.8 | +115.2 | +185.2 | +758.5 | 25.3 | 2.68 | 8.9 | 8.8 | — | 0.62 | 21.4 | 5,067 | 3,368 | 200 | 57.7 | 1.76 |
| PRECWIRE | -10.1 | +17.9 | +17.8 | +114.9 | +240.7 | +1170.7 | 44.8 | 10.18 | 23.0 | 35.8 | — | 0.21 | 26.5 | 7,863 | 6,077 | 175 | 9.6 | 1.40 |
| BIRLACABLE | -19.7 | +82.2 | +118.2 | +112.7 | +0.3 | +251.5 | 21.3 | 3.51 | 6.3 | 9.0 | — | 0.47 | 23.0 | 987 | 861 | 46 | 15.4 | 1.09 |
| RRKABEL | -2.6 | +2.4 | +62.5 | +89.0 | +71.2 | — | 44.4 | 10.50 | 20.8 | 28.1 | — | 0.09 | 33.1 | 27,030 | 10,832 | 608 | 53.7 | 0.84 |
| RAMRAT | +0.6 | +31.1 | +49.9 | +81.6 | +326.2 | — | 36.6 | 8.99 | 20.6 | 23.8 | — | 1.13 | 21.5 | 5,211 | 7,030 | 144 | 15.2 | 1.14 |
| FINOLEX | -9.1 | +26.3 | +35.5 | +63.8 | +39.5 | +164.7 | — | — | — | — | — | — | — | — | — | — | — | 0.98 |
| CORDSCABLE | -20.6 | +39.6 | +65.8 | +62.9 | +145.8 | +419.3 | 15.3 | 1.85 | 10.7 | 18.2 | — | 0.49 | 7.8 | 374 | 975 | 25 | 18.9 | 1.30 |
| PARACABLES | +6.8 | +2.1 | +71.6 | +54.3 | +7.3 | +411.3 | 33.3 | 2.60 | 8.0 | 12.5 | — | 0.15 | 16.7 | 2,021 | 1,992 | 61 | 2.0 | 2.06 |
| RAJRATAN | +0.6 | -5.8 | +4.6 | +39.9 | -46.1 | -1.8 | 24.8 | 3.55 | 11.6 | 13.3 | — | 0.50 | 17.7 | 2,311 | 1,475 | 93 | 18.4 | 1.66 |
| KEI | -4.5 | -9.9 | -9.0 | +7.5 | +66.7 | +350.6 | 42.6 | 6.37 | 14.8 | 20.2 | — | 0.03 | 30.0 | 42,466 | 12,343 | 997 | 104.3 | 1.09 |