POLYCAB

Polycab India Share Price

₹6,691.4
-33.05 (-0.49%)
  • Advice
  • Hold
18 September, 2024 02:39 BSE: 542652 NSE: POLYCAB ISIN: INE455K01017

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Polycab India Performance

Day Range

  • Low 6,681
  • High 6,753
₹ 6,691

52 Week Range

  • Low 3,801
  • High 7,331
₹ 6,691
  • Open Price6,750
  • Previous Close6,724
  • Volume106032

Polycab India Chart

  • Over 1 Month + 0.26%
  • Over 3 Month -5.49%
  • Over 6 Month + 36.71%
  • Over 1 Year + 29.51%

Polycab India Key Statistics

P/E Ratio 56.5
PEG Ratio 2.5
Market Cap Cr
Price to Book Ratio 12.2
EPS 113.2
Dividend 0.4
Relative Strength Index 49.06
Money Flow Index 47.29
MACD Signal 25.52
Average True Range 138.99

Polycab India Investment Rating

  • Master Rating:
  • Polycab India has an operating revenue of Rs. 18,848.09 Cr. on a trailing 12-month basis. An annual revenue growth of 28% is outstanding, Pre-tax margin of 13% is healthy, ROE of 21% is exceptional. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 16% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 8% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 82 which is a GOOD score indicating consistency in earnings, a RS Rating of 42 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 49 indicates it belongs to a fair industry group of Electrical-Power/Equipmt and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Polycab India Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 4,6015,4334,5134,2563,8494,287
Operating Expenses Qtr Cr 4,0424,7963,8923,6253,3043,687
Operating Profit Qtr Cr 559637621631545600
Depreciation Qtr Cr 656360585552
Interest Qtr Cr 392330242427
Tax Qtr Cr 127145143135127143
Net Profit Qtr Cr 388458459450403433
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 18,27114,048
Operating Expenses Annual Cr 15,61412,101
Operating Profit Annual in Cr 2,4361,811
Depreciation Cr 237202
Interest Annual Cr 10056
Tax Annual Cr 549417
Net Profit Annual Cr 1,7701,272
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 1,2921,447
Cash from Investing Activity Annual Cr -762-1,182
Cash from Financing Annual Activity Cr -396-257
Net Cash Flow Annual Cr 1338
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 8,1446,609
Fixed Assets Annual Cr 2,8122,261
Total Non Current Assets Annual Cr 3,2462,490
Total Current Assets Annual Cr 8,5126,745
Total Assets Annual Cr 11,7589,235
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 542441
ROE Annual % 2219
ROCE Annual % 2926
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1514
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 4,6985,5924,3404,2183,8894,324
Operating Expenses Qtr Cr 4,1154,8303,7713,6093,3413,714
Operating Profit Qtr Cr 583762570609549610
Depreciation Qtr Cr 676662605753
Interest Qtr Cr 412432272528
Tax Qtr Cr 132172130127128145
Net Profit Qtr Cr 396546413426399425
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 18,26014,241
Operating Expenses Annual Cr 15,54812,256
Operating Profit Annual in Cr 2,4921,852
Depreciation Cr 245209
Interest Annual Cr 10860
Tax Annual Cr 556425
Net Profit Annual Cr 1,7841,270
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 1,2961,428
Cash from Investing Activity Annual Cr -752-1,203
Cash from Financing Annual Activity Cr -387-227
Net Cash Flow Annual Cr 157-2
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 8,1866,631
Fixed Assets Annual Cr 2,9112,313
Total Non Current Assets Annual Cr 3,3652,517
Total Current Assets Annual Cr 8,7146,909
Total Assets Annual Cr 12,0799,425
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 549445
ROE Annual % 2219
ROCE Annual % 2926
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1514

Polycab India Technicals

EMA & SMA

Current Price
₹6,691.4
-33.05 (-0.49%)
pointer
  • Bullish Moving Average
  • ___
  • 7
  • Bearish Moving Average
  • ___
  • 9
  • 20 Day
  • ₹6,718.15
  • 50 Day
  • ₹6,656.54
  • 100 Day
  • ₹6,428.46
  • 200 Day
  • ₹5,923.62
  • 20 Day
  • ₹6,745.30
  • 50 Day
  • ₹6,629.18
  • 100 Day
  • ₹6,599.53
  • 200 Day
  • ₹5,777.43

Polycab India Resistance and Support

PIVOT
₹6,708.34
Resistance
First Resistance 6,735.87
Second Resistance 6,780.33
Third Resistance 6,807.87
RSI 49.06
MFI 47.29
MACD Single Line 25.52
MACD 20.47
Support
First Support 6,663.87
Second Support 6,636.33
Third Supoort 6,591.87

Polycab India Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 108,200 4,343,148 40.14
Week 344,997 15,262,658 44.24
1 Month 361,838 16,499,798 45.6
6 Month 576,400 23,055,987 40

Polycab India Result Highlights

Polycab India Synopsis

NSE-Electrical-Power/Equipmt

Polycab India is involved in the business activities of Manufacture of other electronic and electric wires and cables. Company’s Total Operating Revenue is Rs. 18050.85 Cr. and Equity Capital is Rs. 150.24 Cr. for the Year ended 31/03/2024. Polycab India Ltd. is a Public Limited Listed company incorporated on 01/01/1996 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L31300GJ1996PLC114183 and registration number is 266483.
Market Cap 101,113
Sales 18,803
Shares in Float 5.26
No of funds 717
Yield 0.45
Book Value 12.41
U/D Vol ratio 0.9
LTDebt / Equity
Alpha 0.01
Beta 1.03

Polycab India Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 65.02%65.24%65.79%65.91%
Mutual Funds 5.26%5.45%5.32%6.06%
Insurance Companies 0.79%0.65%1.05%0.66%
Foreign Portfolio Investors 13.63%11.96%13.41%12.41%
Financial Institutions/ Banks
Individual Investors 12.59%13.6%11.8%11.98%
Others 2.71%3.1%2.63%2.98%

Polycab India Management

Name Designation
Mr. Inder T Jaisinghani Chairman & Managing Director
Mr. Bharat A Jaisinghani Executive Director
Mr. Nikhil R Jaisinghani Executive Director
Mr. Rakesh Talati Executive Director
Mr. Gandharv Tongia Executive Director & CFO
Mr. R S Sharma Independent Director
Mr. T P Ostwal Independent Director
Mrs. Sutapa Banerjee Independent Director
Mr. Bhaskar Sharma Independent Director
Mrs. Manju Agarwal Independent Director

Polycab India Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Polycab India Corporate Action

Date Purpose Remarks
2024-07-18 Quarterly Results
2024-05-10 Audited Results & Dividend
2024-01-18 Quarterly Results
2023-10-18 Quarterly Results
2023-07-18 Quarterly Results

About Polycab India

Polycab India Limited, established in 1996, is a leading manufacturer of wires, cables, and electrical goods in India. They cater to retail and industrial applications, offering a wide range of products for various needs.

Product Portfolio of Polycab India

Wires and Cables: Polycab is a major player in wires and cables, encompassing power cables, control cables, instrumentation cables, optical fiber cables (OFC), solar cables, building cables, flexible wires, and more.
Fast-Moving Electrical Goods (FMEG): In recent years, Polycab has expanded its portfolio to include a diverse range of consumer electrical products like fans, switches, switchgear, LED lights and luminaries, solar inverters, and pumps.

Polycab India - Brand Recognition

Polycab enjoys a strong brand reputation across India, recognized for high-quality products and superior durability. They are actively involved in building and up-scaling passive networking infrastructure for the telecom sector.

Polycab India - Key Achievements

● Pioneered innovative cable technologies and established itself as a leading brand in the Indian wires and cables market.
● Successfully diversified into the FMEG segment, offering a one-stop solution for various electrical needs.
● Built a robust distribution network, ensuring widespread availability of their products across the country.

Future Prospects of Polycab India

● Polycab is well-positioned to capitalize on India's growing infrastructure and housing sectors, which will drive demand for their wires, cables, and electrical goods.
● The company's focus on product innovation and brand building can further strengthen its market position.
● By expanding its product portfolio and distribution network, Polycab can solidify its leadership role in the Indian electrical industry.

Polycab India FAQs

What is Share Price of Polycab India ?

Polycab India share price is ₹6,691 As on 18 September, 2024 | 02:25

What is the Market Cap of Polycab India ?

The Market Cap of Polycab India is ₹100616.1 Cr As on 18 September, 2024 | 02:25

What is the P/E ratio of Polycab India ?

The P/E ratio of Polycab India is 56.5 As on 18 September, 2024 | 02:25

What is the PB ratio of Polycab India ?

The PB ratio of Polycab India is 12.2 As on 18 September, 2024 | 02:25

How to Invest in Polycab India Limited?

Polycab India Limited shares are publicly traded on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).To invest, you'll need a demat account with a brokerage firm that allows trading on these exchanges. You can buy shares of the company by opening a demat account with 5paisa.

What Affects Polycab India Limited Share Price?

Financials, trends in the electrical sector, government policies, company news & ratings.

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