NSE: POLYCAB · BSE: 542652 · ISIN INE455K01017
Polycab India Limited stock analysis
Polycab India Limited ranks #10 in the TickerSutra evidence-ranked universe with a score of 79/100 and 95% data confidence. The latest captured fundamentals show ROCE of 33.2%, quarterly sales growth of 39.0% and quarterly profit growth of 32.5%.Watchlist candidate
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- ROCE is 33.2%
- Low debt/equity of 0.02×
- Strong CFO/EBITDA of 0.95×
- 27% three-year sales CAGR
- Institutional ownership is rising
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- Valuation is above 40× earnings
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹12,204cr | ₹1,264cr | ₹917cr | 10.0% |
| 2023 | ₹14,108cr | ₹1,843cr | ₹1,282cr | 13.0% |
| 2024 | ₹18,039cr | ₹2,492cr | ₹1,803cr | 14.0% |
| 2025 | ₹22,408cr | ₹2,964cr | ₹2,046cr | 13.0% |
| 2026 | ₹28,884cr | ₹4,013cr | ₹2,708cr | 14.0% |
| TTM | ₹31,188cr | ₹4,284cr | ₹2,905cr | 14.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Polycab India Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
RoutineAnalyst/Investor Meet Para A-XBRLNSE · 23 Sept 2026 · Structured filingPOLYCAB INDIA LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet
POLYCAB INDIA LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet
Open original XBRL sourcePolycab India Limited has informed the Exchange about Analyst(s)/Investor(s) meet.
RoutinePolycab India Ltd - 542652 - Announcement Under Regulation 30 (LODR) - Analyst(S) / Investor(S) Meet - IntimationBSE · 23 Sept 2026Intimation of Institutional Analyst(s)/Investor(s) meet
RoutineESOP/ESOS/ESPSNSE · 18 Sept 2026Polycab India Limited has informed the Exchange regarding Allotment of 4885 Shares.
MANAGEMENT COMMENTARY
Signals from filed documents
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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