Polycab India

POLYCAB

Diversified

₹8241.00

price as of 11/9/2026, 5:28:06 pm

Market cap ₹1.24 L Cr

P/E: 43.44
Day range: ₹8,118.00 – ₹8,319.00
52-week range: ₹6,663.00 – ₹10,126.00
Volume: 4.00 L
Open: ₹8,319.00
Prev close: ₹8,358.00

Promoters pledged 2.2% of their shares

52-week range, adjusted for splits and bonuses

₹6,663

₹10,126

27 Jan 202622 Jun 2026

Index membership & F&O

NIFTY 200NIFTY 500NIFTY MIDCAP 150F&O lot 125

Price history

6M change +10.92%RSI (14) 31.8 NeutralSMA 20 · 50 overlaid

Price & delivery on the exchange

NSE bhavcopy to 11 Sept 2026 · delivery 47.9% today vs 47.7% average · BSE close ₹8,250

Delivery
NSE close
BSE close

High delivery with a rising price suggests buyers holding rather than trading the move.

Futures & options

NSE F&O close, 11 Sept 2026 · options expiring 29 Sept 2026

Neutral

Near-month future: ₹8,290.5
Change: -0.62%
Basis over spot: +₹49.38
Futures OI (shares): 26.3 L
OI change: +0.32%
Put-call ratio: 0.59
Max pain: ₹8,500
Resistance (call OI): ₹9,000
Support (put OI): ₹8,500
Lot size: 125

Open interest by strike

Calls open above (resistance) and puts below (support), in shares

Call OI
Put OI

Futures open interest and price

Near-month future, day by day since collection began

The daily history builds from each close.

Key metrics

P/E (TTM): 43.9
EPS (TTM): ₹189.76
ROE (FY26): 24.8%
ROCE (latest year): 33%
Dividend yield: 0.56%

Charts & trends

From company filings. Amounts in ₹ crore.

Revenue 3Y CAGR

+27.0%

Profit 3Y CAGR

+28.3%

Revenue YoY (Jun 2026)

+39.0%

Profit YoY (Jun 2026)

+32.8%

Operating margin

14.0%

Net margin

9.7%

Revenue, profit & margin - quarterly

Bars in ₹ crore (a loss shows red); line is operating margin

Revenue
Net profit
Operating margin

Who owns the company

Shareholding as of Jun 2026

Promoter
FII
Public
DII

Cash flows

Where cash came from and went, by fiscal year (₹ crore)

Operating
Investing
Financing
Free cash flow

Return on equity

Net profit over shareholders' equity, by fiscal year

Equity vs debt

Shareholders' equity against borrowings (₹ crore); line is debt-to-equity

Equity
Debt
Debt / equity

Financial statements

₹ Crore

Quarterly results, oldest period first, figures in rupees crore
Line item	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	4,218	4,340	5,592	4,698	5,498	5,226	6,986	5,906	6,477	7,636	8,864	8,210
Expenses	3,609	3,771	4,830	4,115	4,867	4,506	5,960	5,048	5,456	6,670	7,703	7,074
Operating Profit	609	570	762	583	632	720	1,025	858	1,021	966	1,161	1,136
OPM %	14%	13%	14%	12%	11%	14%	15%	15%	16%	13%	13%	14%
Other Income	35	71	54	58	76	25	48	80	45	50	60	105
Interest	27	32	24	41	45	50	33	51	48	69	75	80
Depreciation	60	62	66	67	72	79	80	86	97	106	98	103
Profit before tax	557	546	725	533	590	617	961	801	921	842	1,049	1,058
Tax %	23%	24%	24%	25%	25%	25%	24%	25%	25%	25%	25%	25%
Net Profit	430	417	553	402	445	464	734	600	693	630	786	797
EPS in Rs	₹28.37	₹27.49	₹36.34	₹26.34	₹29.24	₹30.42	₹48.31	₹39.34	₹45.54	₹41.30	₹51.33	₹52.07

From company filings, updated 11 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.

Strengths, risks & growth

Polycab is India’s leading manufacturers of cables and wires and allied products such as uPVC conduits and lugs and glands. We have a range of cables and wires for practically every application. More recently Polycab has also launched a wide range of consumer electrical products like Fans, Switches, Switchgear, LED lights and Luminaries, Solar Inverters, and Pumps.

Strengths

Company is almost debt free.
Company is expected to give good quarter
Company has delivered good profit growth of 23.7% CAGR over last 5 years
Company has been maintaining a healthy dividend payout of 25.9%
Company's median sales growth is 20.5% of last 10 years
Company's working capital requirements have reduced from 47.5 days to 30.4 days

Risks

Stock is trading at 10.3 times its book value
Promoter holding has decreased over last 3 years: -4.53%

Compounded Sales Growth

10 Years: +19%
5 Years: +27%
3 Years: +27%
TTM: +32%

Compounded Profit Growth

10 Years: +30%
5 Years: +24%
3 Years: +28%
TTM: +29%

Stock Price CAGR

10 Years: —
5 Years: +28%
3 Years: +19%
1 Year: +14%

Return on Equity

10 Years: +21%
5 Years: +21%
3 Years: +23%
Last Year: +23%

Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

Shareholding pattern

Percentage of shares held by each category at each quarter end
Holder	Sept 2025	Dec 2025	Mar 2026	Jun 2026	Change
Promoter	61.53%	61.50%	61.50%	61.46%	-0.04 pp
FII	13.96%	14.82%	18.21%	19.00%	+0.79 pp
DII	11.70%	11.13%	7.95%	7.62%	-0.33 pp
Public	12.83%	12.54%	12.33%	11.92%	-0.41 pp

Filed with NSE for Jun 2026: promoters 61.46%, public 38.54% · XBRL filing

Analysts & fund holdings

77% recommend buy

31 analysts cover the stock

Valuation vs Electrical Equipment

P/E43.4 vs 45.8

Sector P/B6.15

Beta1.15

Who holds the shares, quarter by quarter

Mutual funds 4.77% (-0.46 pp)

Mar 25

Jun 25

Sept 25

Dec 25

Mar 26

Jun 26

Promoters61.5%
Foreign institutions19.0%
Mutual funds4.8%
Insurance2.6%
Other domestic institutions0.3%
Retail5.7%
Others6.2%

Mutual funds holding the most
Fund	% of company	% of fund	3-month change
ICICI Pru Large & Mid Cap Fund	0.48%	1.93%	+1.93 pp
ICICI Pru Balanced Advantage Fund	0.40%	0.72%	-0.07 pp
UTI Flexi Cap Fund	0.32%	1.79%	-0.18 pp
Motilal Oswal Flexi Cap Fund	0.23%	2.23%	-0.42 pp
UTI Mid Cap Fund	0.20%	2.07%	-0.23 pp

Scorecard

Performance: Avg
Valuation: High
Growth: Avg
Profitability: High
Entry point: Good
Red flags: Low

Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

Corporate actions

dividend
₹47.00
Dividend - Rs 47 Per Share
19 Jun 2026
ex-date
dividend
₹35.00
Dividend - Rs 35 Per Share
24 Jun 2025
ex-date
dividend
₹30.00
Annual General Meeting/Dividend - Rs 30 Per Share
9 Jul 2024
ex-date
dividend
₹20.00
Annual General Meeting/Dividend - Rs 20 Per Share
21 Jun 2023
ex-date
dividend
₹14.00
Annual General Meeting/Dividend - Rs 14 Per Share
21 Jun 2022
ex-date
dividend
₹10.00
Annual General Meeting/Dividend - Rs 10 Per Share
12 Jul 2021
ex-date
other
Not available — not reported in this filing
Annual General Meeting
13 Jul 2020
ex-date
dividend
₹7.00
Interim Dividend - Rs 7 Per Share
12 Mar 2020
ex-date
dividend
₹3.00
Dividend - Rs 3 Per Share
18 Jun 2019
ex-date