Polycab India Ltd
POLYCABPolycab India Ltd
POLYCAB
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 50.07 | 12.07 | 0.37% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 51.44 | 6.02 | 0.56% |
Forecast & Ratings
Detailed Forecastfrom 25 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Polycab India is a manufacturer and seller of wires and cables and fast moving electrical goods. The Company's product line includes electric fans, LED lighting and luminaires, switches and switchgears under the 'POLYCAB' brand
Investor Presentation
View olderPeers
Compare with peersHavells India Ltd
Apar Industries Ltd
Kaynes Technology India Ltd
V Guard Industries Ltd
Graphite India Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 4,712.45 | 5,235.55 | 5,575.65 | 6,834.84 | 8,049.33 | 8,922.75 | 8,956.19 | 12,365.74 | 14,241.11 | 16,336.46 | ||||||||||
Raw Materials | 3,588.79 | 3,866.00 | 4,352.30 | 247.21 | 5,819.36 | 6,288.32 | 6,341.06 | 9,846.96 | 10,341.07 | 13,882.26 | ||||||||||
| Power & Fuel Cost | 75.79 | 81.87 | 84.78 | 89.63 | 107.65 | 128.32 | 116.03 | 143.98 | 183.75 | |||||||||||
| Employee Cost | 161.89 | 206.06 | 229.10 | 259.26 | 300.25 | 365.75 | 353.73 | 406.63 | 456.77 | |||||||||||
| Selling & Administrative Expenses | 184.25 | 247.52 | 269.66 | 340.05 | 364.95 | 443.05 | 383.48 | 535.45 | 663.10 | |||||||||||
| Operating & Other expenses | 255.05 | 310.21 | 84.65 | 5,105.27 | 442.91 | 476.90 | 486.79 | 8.10 | 620.24 | |||||||||||
EBITDA | 446.68 | 523.89 | 555.16 | 793.42 | 1,014.21 | 1,220.41 | 1,275.10 | 1,424.62 | 1,976.18 | 2,454.20 | ||||||||||
| Depreciation/Amortization | 97.53 | 111.12 | 127.88 | 132.95 | 141.45 | 160.89 | 176.17 | 201.52 | 209.16 | 223.35 | ||||||||||
| PBIT | 349.15 | 412.77 | 427.28 | 660.47 | 872.76 | 1,059.52 | 1,098.93 | 1,223.10 | 1,767.02 | 2,230.85 | ||||||||||
| Interest & Other Items | 108.46 | 147.35 | 65.95 | 93.68 | 116.71 | 49.54 | 42.69 | 35.19 | 59.76 | 89.13 | ||||||||||
| PBT | 240.69 | 265.42 | 361.33 | 566.79 | 756.05 | 1,009.98 | 1,056.24 | 1,187.91 | 1,707.26 | 2,141.72 | ||||||||||
| Taxes & Other Items | 76.38 | 80.63 | 128.61 | 208.78 | 256.36 | 250.93 | 174.16 | 279.34 | 437.30 | 534.12 | ||||||||||
| Net Income | 164.31 | 184.79 | 232.72 | 358.01 | 499.69 | 759.05 | 882.08 | 908.57 | 1,269.96 | 1,607.60 | ||||||||||
| EPS | 11.64 | 13.09 | 16.48 | 25.35 | 35.39 | 52.33 | 59.20 | 60.86 | 84.89 | 107.34 | ||||||||||
| DPS | 1.00 | 1.70 | 1.00 | 0.00 | 3.00 | 7.00 | 10.00 | 14.00 | 20.00 | 20.00 | ||||||||||
| Payout ratio | 0.09 | 0.13 | 0.06 | 0.00 | 0.08 | 0.13 | 0.17 | 0.23 | 0.24 | 0.19 |
Company Updates
Peers & Comparison
IndustrialsElectrical Components & Equipments
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Polycab India Ltd | 63.38 | 12.07 | 0.37% |
| Havells India Ltd | 77.04 | 12.46 | 0.57% |
| Apar Industries Ltd | 34.92 | 9.96 | 0.69% |
| Kaynes Technology India Ltd | 148.04 | 14.68 | — |
Price Comparison
Compare POLYCAB with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Increased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has increased by 2.76%
Shareholding Pattern
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Polycab India Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
CANARA ROBECO AMC LTD-CANARA ROBECO MF-CANARA ROBECO EMERGING EQUITIES DIRECT PLAN GROWTH Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.5008% | Percentage of the fund’s portfolio invested in the stock 2.29% | Change in the portfolio weight of the stock over the last 3 months 0.33% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 13/80 (+28) |
DSP Midcap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.4457% | Percentage of the fund’s portfolio invested in the stock 2.48% | Change in the portfolio weight of the stock over the last 3 months -1.00% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 13/60 (-7) |
Nippon India GROWTH FUND DIRECT PLAN GROWTH PLAN GROWTH Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.3518% | Percentage of the fund’s portfolio invested in the stock 1.48% | Change in the portfolio weight of the stock over the last 3 months -0.20% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 58/102 (-1) |
Compare 3-month MF holding change on Screener
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Events
Dividend Trend
Increasing Dividends
POLYCAB has increased dividends consistently over the last 5 years
Dividend Yield
Current dividend yield is 0.37%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹3.72 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJun 21, 2023
Dividend/Share
₹20.00
Ex DateEx Date
Jun 21, 2023
Cash Dividend
Ex DateEx DateJun 21, 2022
Dividend/Share
₹14.00
Ex DateEx Date
Jun 21, 2022
Cash Dividend
Ex DateEx DateJul 12, 2021
Dividend/Share
₹10.00
Ex DateEx Date
Jul 12, 2021
Cash Dividend
Ex DateEx DateMar 12, 2020
Dividend/Share
₹7.00
Ex DateEx Date
Mar 12, 2020
Cash Dividend
Ex DateEx DateJun 18, 2019
Dividend/Share
₹3.00
Ex DateEx Date
Jun 18, 2019
News & Opinions
Started From A Garage, This Company Is Now Worth Rs 75,000 Crore - News18
1 month ago•News18
Technical Analysis: Muthoot Capital Services, Polycab India and Varun Beverages
3 months ago•The Hindu Businessline
Polycab India stock jumps over 2%, hits fresh 52-week high; firm issues comfort letter for enhanced borrowing
3 months ago•Moneycontrol
Buzzing Stocks: TVS Supply Chain, Vodafone Idea, BEML, RITES, Polycab India, others in news
3 months ago•Moneycontrol
Polycab India Allots 16,900 Equity Shares To Employees As Stock Option
3 months ago•Free Press Journal
Polycab cashes in on ‘China Plus One’ strategy to ramp up exports
4 months ago•The Hindu Businessline
Neutral Polycab India; target of Rs 4505: YES Securities
4 months ago•Moneycontrol
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 15.81%, vs industry avg of 13.61%
Increasing Market Share
Over the last 5 years, market share increased from 17.48% to 18.88%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 28.82%, vs industry avg of 4.5%