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POLYCAB

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POLYCAB INDIA LIMITED performance

Today’s low

Today’s high

₹ 7193.50 ₹ 7298.00
₹ 7276.50

52 week low

52 week high

₹ 4555.00 ₹ 7903.00
₹ 7276.50

Open Price

₹ 7230.00

Prev. Close

₹ 7218.50

Volume (Shares)

158727.00

Total traded value

₹ 11549.77

Upper Circuit

₹ 7940.00

Lower Circuit

₹ 6497.00

info

POLYCAB INDIA LIMITED Share Price Update

As of the latest trading session, POLYCAB INDIA LIMITED share price is currently at ₹ 7276.5, which is up by ₹ 58.00 from its previous closing. Today, the stock has fluctuated between ₹ 7193.50 and ₹ 7298.00. Over the past year, POLYCAB INDIA LIMITED has achieved a return of -2.80 %. In the last month alone, the return has been -5.25 %. Read More...

Investment Returns

Over 1 Month [-]% Over 3 Months [-]% Over 6 Months [-]% Over 1 Year [-]%
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POLYCAB INDIA LIMITED fundamentals


  • Market cap (Cr)

    1,09,539.30

  • P/E Ratio (TTM)

    45.14

  • Beta

    1.07

  • Book Value / share

    697.25

  • Return on equity

    22.36%

  • EPS (TTM)

    161.17

  • Dividend yield

    0.48%

  • Net profit/quarter (Cr)

    674.80

info icon alternate text

  • Market cap (Cr)

    1,09,517.50

  • P/E Ratio (TTM)

    45.14

  • Beta

    0.98

  • Book Value / share

    697.25

  • Return on equity

    22.36%

  • EPS (TTM)

    161.17

  • Dividend yield

    0.48%

  • Net profit/quarter (Cr)

    674.80

info icon alternate text

POLYCAB INDIA LIMITED Financials

  • Key Results

  • Key Ratios

  • Balance sheet

  • Cash Flow

  • Competition

info-icon

Revenue

Net income

Particulars SEP 2025 (Values in Cr)
Revenue 6339.96
Operating Expense 5494.42
Net Profit 674.80
Net Profit Margin (%) 10.64
Earnings Per Share (EPS) 44.83
EBITDA 1035.43
Effective Tax Rate (%) 24.70
Particulars JUN 2025 (Values in Cr)
Revenue 5704.38
Operating Expense 5030.62
Net Profit 567.83
Net Profit Margin (%) 9.95
Earnings Per Share (EPS) 37.74
EBITDA 887.51
Effective Tax Rate (%) 24.91
Particulars MAR 2025 (Values in Cr)
Revenue 6841.22
Operating Expense 5945.98
Net Profit 730.69
Net Profit Margin (%) 10.68
Earnings Per Share (EPS) 48.58
EBITDA 1058.67
Effective Tax Rate (%) 23.26
Particulars DEC 2024 (Values in Cr)
Revenue 5105.25
Operating Expense 4529.11
Net Profit 452.96
Net Profit Margin (%) 8.87
Earnings Per Share (EPS) 30.12
EBITDA 723.91
Effective Tax Rate (%) 24.60
Particulars SEP 2024 (Values in Cr)
Revenue 5365.99
Operating Expense 4872.76
Net Profit 430.65
Net Profit Margin (%) 8.02
Earnings Per Share (EPS) 28.64
EBITDA 682.75
Effective Tax Rate (%) 24.56
Particulars MAR 2025 (Values in Cr)
Revenue 21913.95
Operating Expense 19494.32
Net Profit 2001.96
Net Profit Margin (%) 9.13
Earnings Per Share (EPS) 133.14
EBITDA 3084.14
Effective Tax Rate (%) 24.12
Particulars MAR 2024 (Values in Cr)
Revenue 18050.85
Operating Expense 15951.96
Net Profit 1769.67
Net Profit Margin (%) 9.80
Earnings Per Share (EPS) 117.97
EBITDA 2656.29
Effective Tax Rate (%) 23.67
Particulars MAR 2023 (Values in Cr)
Revenue 13913.52
Operating Expense 12364.27
Net Profit 1269.01
Net Profit Margin (%) 9.12
Earnings Per Share (EPS) 84.81
EBITDA 1946.78
Effective Tax Rate (%) 24.68
Particulars MAR 2022 (Values in Cr)
Revenue 12097.91
Operating Expense 11087.90
Net Profit 931.27
Net Profit Margin (%) 7.69
Earnings Per Share (EPS) 62.39
EBITDA 1454.82
Effective Tax Rate (%) 23.96
Particulars MAR 2021 (Values in Cr)
Revenue 8736.36
Operating Expense 7860.62
Net Profit 831.33
Net Profit Margin (%) 9.51
Earnings Per Share (EPS) 55.79
EBITDA 1210.59
Effective Tax Rate (%) 16.48
Particulars MAR 2025 (Values in Cr)
Book Value / Share 653.14
ROE % 22.71
ROCE % 30.77
Total Debt to Total Equity 0.02
EBITDA Margin 14.14
Particulars MAR 2024 (Values in Cr)
Book Value / Share 544.89
ROE % 24.32
ROCE % 32.26
Total Debt to Total Equity 0.02
EBITDA Margin 15.04
Particulars MAR 2023 (Values in Cr)
Book Value / Share 443.16
ROE % 21.07
ROCE % 28.23
Total Debt to Total Equity 0.02
EBITDA Margin 14.01
Particulars MAR 2022 (Values in Cr)
Book Value / Share 370.91
ROE % 17.82
ROCE % 22.64
Total Debt to Total Equity 0.04
EBITDA Margin 11.67
Particulars MAR 2021 (Values in Cr)
Book Value / Share 318.77
ROE % 20.63
ROCE % 23.99
Total Debt to Total Equity 0.05
EBITDA Margin 14.50
Particulars MAR 2025 (Values in Cr)
Book Value / Share 649.00
ROE % 22.36
ROCE % 30.63
Total Debt to Total Equity 0.01
EBITDA Margin 14.07
Particulars MAR 2024 (Values in Cr)
Book Value / Share 542.05
ROE % 24.00
ROCE % 32.27
Total Debt to Total Equity 0.01
EBITDA Margin 14.72
Particulars MAR 2023 (Values in Cr)
Book Value / Share 441.03
ROE % 20.93
ROCE % 28.13
Total Debt to Total Equity 0.01
EBITDA Margin 13.99
Particulars MAR 2022 (Values in Cr)
Book Value / Share 369.38
ROE % 16.06
ROCE % 21.08
Total Debt to Total Equity 0.02
EBITDA Margin 10.82
Particulars MAR 2021 (Values in Cr)
Book Value / Share 315.64
ROE % 19.45
ROCE % 23.20
Total Debt to Total Equity 0.03
EBITDA Margin 13.86
Particulars MAR 2025 (Values in Cr)
Cash & Short Term Investments 770.63
Total Assets 13772.73
Total Liabilities 13772.73
Total Equity 9906.79
Share Outstanding 150425898
Price to Book Ratio 7.93
Return on Assets (%) 14.66
Return on Capital (%) 20.17
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 402.35
Total Assets 12078.88
Total Liabilities 12078.88
Total Equity 8243.34
Share Outstanding 150236395
Price to Book Ratio 9.35
Return on Assets (%) 14.76
Return on Capital (%) 21.41
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 695.24
Total Assets 9425.47
Total Liabilities 9425.47
Total Equity 6674.58
Share Outstanding 149765278
Price to Book Ratio 6.53
Return on Assets (%) 13.48
Return on Capital (%) 18.83
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 407.11
Total Assets 7411.90
Total Liabilities 7411.90
Total Equity 5568.81
Share Outstanding 149443040
Price to Book Ratio 6.40
Return on Assets (%) 12.25
Return on Capital (%) 16.08
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 531.31
Total Assets 7014.71
Total Liabilities 7014.71
Total Equity 4772.76
Share Outstanding 149118814
Price to Book Ratio 4.37
Return on Assets (%) 12.57
Return on Capital (%) 17.57
Particulars MAR 2025 (Values in Cr)
Cash & Short Term Investments 699.71
Total Assets 13392.99
Total Liabilities 13392.99
Total Equity 9762.74
Share Outstanding 150425898
Price to Book Ratio 7.93
Return on Assets (%) 14.94
Return on Capital (%) 20.51
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 307.95
Total Assets 11757.98
Total Liabilities 11757.98
Total Equity 8144.41
Share Outstanding 150236395
Price to Book Ratio 9.35
Return on Assets (%) 15.05
Return on Capital (%) 21.73
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 645.89
Total Assets 9226.55
Total Liabilities 9226.55
Total Equity 6605.43
Share Outstanding 149765278
Price to Book Ratio 6.53
Return on Assets (%) 13.75
Return on Capital (%) 19.21
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 390.52
Total Assets 7307.29
Total Liabilities 7307.29
Total Equity 5520.90
Share Outstanding 149443040
Price to Book Ratio 6.40
Return on Assets (%) 12.74
Return on Capital (%) 16.64
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 487.88
Total Assets 6726.89
Total Liabilities 6726.89
Total Equity 4707.23
Share Outstanding 149118814
Price to Book Ratio 4.37
Return on Assets (%) 12.35
Return on Capital (%) 17.32
Particulars MAR 2025 (Values in Cr)
Net Income 2700.84
Cash from Operations 2441.68
Cash from Investing -1239.31
Cash from Financing -628.27
Net change in Cash -59.05
Free Cash Flow 3411.31
Particulars MAR 2024 (Values in Cr)
Net Income 2359.30
Cash from Operations 1870.55
Cash from Investing -751.87
Cash from Financing -387.41
Net change in Cash 156.95
Free Cash Flow 2723.51
Particulars MAR 2023 (Values in Cr)
Net Income 1707.25
Cash from Operations 1797.94
Cash from Investing -1202.64
Cash from Financing -227.07
Net change in Cash -2.19
Free Cash Flow 2275.39
Particulars MAR 2022 (Values in Cr)
Net Income 1211.18
Cash from Operations 845.56
Cash from Investing -426.95
Cash from Financing -200.69
Net change in Cash -116.03
Free Cash Flow 1372.09
Particulars MAR 2021 (Values in Cr)
Net Income 1064.96
Cash from Operations 1493.29
Cash from Investing -1012.09
Cash from Financing -174.77
Net change in Cash 65.55
Free Cash Flow 1680.31
Particulars MAR 2025 (Values in Cr)
Net Income 2638.54
Cash from Operations 2412.95
Cash from Investing -1210.47
Cash from Financing -664.13
Net change in Cash -64.81
Free Cash Flow 3341.11
Particulars MAR 2024 (Values in Cr)
Net Income 2318.71
Cash from Operations 1847.22
Cash from Investing -762.30
Cash from Financing -396.28
Net change in Cash 133.14
Free Cash Flow 2661.28
Particulars MAR 2023 (Values in Cr)
Net Income 1685.03
Cash from Operations 1812.14
Cash from Investing -1187.58
Cash from Financing -256.04
Net change in Cash 8.14
Free Cash Flow 2278.13
Particulars MAR 2022 (Values in Cr)
Net Income 1224.83
Cash from Operations 789.00
Cash from Investing -359.94
Cash from Financing -184.52
Net change in Cash -83.58
Free Cash Flow 1290.50
Particulars MAR 2021 (Values in Cr)
Net Income 995.45
Cash from Operations 1412.31
Cash from Investing -1037.63
Cash from Financing -109.76
Net change in Cash 27.36
Free Cash Flow 1600.47
Company Name Price P/E P/B Market Cap 52 Week Low/High
FINOLEX CABLES LTD 740.00 17.04 1.98 11317.51 708.00 / 1314.00
UNIVERSAL CABLES LTD 895.40 21.26 1.66 3106.62 408.10 / 1007.00
NICCO CORPORATION LTD. 0.50 0.00 -0.02 6.84 0.00 / 0.00
BIRLA CABLE LIMITED 134.25 80.39 1.49 402.75 126.00 / 238.90
Company Name Price P/E P/B Market Cap 52 Week Low/High
FINOLEX CABLES LTD 740.00 18.82 2.35 11317.51 708.00 / 1314.00
UNIVERSAL CABLES LTD 895.40 33.50 3.42 3106.62 408.10 / 1007.00
DELTON CABLES LTD. 634.30 29.79 5.58 548.04 564.50 / 1375.00
NICCO CORPORATION LTD. 0.50 0.00 -0.01 6.84 0.00 / 0.00

POLYCAB INDIA LIMITED shareholding pattern

Holding

12.82%
61.52%
13.96%
11.68%
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POLYCAB INDIA LIMITED Technicals Summary

  • EMA & SMA
  • Resistance and Support
  • Delivery and Volume
  • Beta
  • Price Change Analysis
7276.50 0.80 redarrow
red-green-graph indicator
16 Bearish
0 Bullish
  • 5 Days 7224.80
  • 26 Days 7386.40
  • 10 Days 7263.60
  • 50 Days 7408.00
  • 12 Days 7284.00
  • 100 Days 7240.50
  • 20 Days 7353.30
  • 200 Days 6896.20
7215.17 PIVOT

First Support

7123.33

First Resistance

7310.33

Second Support

7028.17

Second Resistance

7402.17

Third Support

6936.33

Third Resistance

7497.33

RSI

44.90

ADX

33.99

MACD

-102.45

Williams % R

-45.88

Commodity Channel Index (CCI)

-62.91

Date

2025-12-12

Week

98087.00

Same Day

96533.00

Month

108766.00

1 Year

1.08

3 Year

0.99

Over 1 Month

-5.25%

down

Over 1 Year

-2.80%

down

Over 3 Months

0.30%

down

Over 3 Years

37.17%

down

Over 6 Months

20.27%

down

Over 5 Years

47.62%

down

POLYCAB INDIA LIMITED Corporate Actions

Dividend date Dividend amount Dividend type Record date Instrument type
24 Jun 2025 35.0 Final 24 Jun 2025 Equity shares
09 Jul 2024 30.0 Final 09 Jul 2024 Equity shares
21 Jun 2023 20.0 Final 22 Jun 2023 Equity shares
21 Jun 2022 14.0 Final 23 Jun 2022 Equity shares
12 Jul 2021 10.0 Final 14 Jul 2021 Equity shares
12 Mar 2020 7.0 Interim 14 Mar 2020 Equity shares
18 Jun 2019 3.0 Final 20 Jun 2019 Equity shares

Dividend date Dividend amount Dividend type Record date Instrument type
24 Jun 2025 35.0 Final 24 Jun 2025 Equity shares
09 Jul 2024 30.0 Final 09 Jul 2024 Equity shares
21 Jun 2023 20.0 Final 22 Jun 2023 Equity shares
21 Jun 2022 14.0 Final 23 Jun 2022 Equity shares
12 Jul 2021 10.0 Final 14 Jul 2021 Equity shares
12 Mar 2020 7.0 Interim 14 Mar 2020 Equity shares
18 Jun 2019 3.0 Final 20 Jun 2019 Equity shares

Polycab India Share Result Highlights

Revenue from operations was ₹5,906 Crore in Q1 FY26 compared with ₹4,698 Crore in Q1 FY25.  Net profit was ₹600 Crore in Q1 FY26 compared with ₹402 Crore in Q1 FY25.  Earnings per share was ₹39.34 in Q1 FY26 compared with ₹26.34 in Q1 FY25.

Date Source: screener.in, and corporate filings on NSE/BSE 

Polycab India Share Annual Reports

Revenue for FY24-25 was ₹22,408 Crore compared with ₹18,039 Crore in FY23-24. Net profit for the period in FY24-25 was ₹2,046 Crore compared with ₹1,803 Crore in FY23-24. Earnings per share was ₹134.28 in FY24-25 compared with ₹118.75 in FY23-24.

Date Source: screener.in, and corporate filings on NSE/BSE 

Polycab India Share Dividend

Dividend payout for FY24-25 stood at ₹35 per share compared with ₹30 per share in FY23-24. Dividend declarations are aligned with reported financial results.
The dividend highlights the company’s continued effort to reward shareholders.

Date Source: screener.in, and corporate filings on NSE/BSE 

About Polycab India

In 1996, Polycab India Limited started as Polycab Wires Private Limited. Since then the company has changed its name and legal status several times over the years. On October 13, 2018, Polycab Wires Private Limited became a public limited company and adopted its current name Polycab India Limited. The company is the manufacturer of Wires and Cables in India and has a very strong and fast-developing position in the Fast-Moving Electrical Goods (FMEG) sector. 

Polycab India Limited operates under the 'POLYCAB' brand. Polycab India Limited product range is vast and includes power cables, various building wires, and a complete range of FMED products such as electric fans, LED products, and switches. Electrical highlights of Polycab business unit also include EPC focus on power distribution and rural electrification.

Polycab India operates a nationwide network of almost 27 manufacturing facilities in many states in India: Gujarat, Maharashtra, Uttarakhand, Tamil Nadu and Karnataka. Whether standalone or joint ventures, these facilities are crucial to its integrated manufacturing strategy. The company formed a joint venture with Trafigura in 2016 to establish the Ryker Plant for its copper wire rod facility, further enhancing its backward integration strategy. The majority of its manufacturing facilities have been certified to quality management metrics from established bodies such as ISO 9001, ISO 14001, OHSAS 18001 etc. Alongside, the corporate quality and test laboratories in Halol are certified by NABL and UL to ensure that their products meet expectations and qualification criteria for product quality including national and international quality standards in various forms including BIS, BASEC, and IEC.

The growth of the company is characterised by acquisitions and product innovation. The company merged with Polycab Industries Private Limited in 2011. In 2014, the company diversified into the FMEG segment. In 2020, Polycab made Ryker Plant a wholly-owned subsidiary by acquiring the remaining 50%, which enhanced its supply chain. In 2021, Polycab also acquired Silvan Innovation Labs based in Bengaluru to enhance its offerings for IoT and home automation. Also in 2021, the company sold its ownership interest in the Ryker plant. In 2023, the company merged Silvan with it and Silvan ceased to be a wholly owned subsidiary. The company has consistently introduced innovative products - such as India’s first 4-in-1 protection fans, IoT-enabled Hohm products, and numerous new varieties of fans, lights, and cables - to meet the requirements of changing consumer behaviour.

Polycab established its adequate supply chain network of authorised dealers, distributors, and retailers across India and has developed its ability to apply that necessary supply chain logistics ability to its full product portfolio. The overall company customer base is very diverse and includes large power utilities, oil and gas, IT parks, and infrastructure companies, both internationally and in India. The institutional clients are large corporate clients including L&T Construction. The company has obtained several contracts with the government like the Konkan Railway Corporation Ltd. The company is customer-centric and proactively hires new staff to further its commitment to customer satisfaction and product range/quality improvement. The company has launched a variety of new products in the past couple of years like star-rated ceiling fans and lots of new series of MCBs and special cables and maintains its reputation as a market leader.

In 2025, Polycab continued its trajectory for global expansion when it became UL tested for its Miniature Circuit Breakers (MCBs), offering outstanding potential for global opportunities. The company also recently became engaged in the U.S. market for Molded Case Circuit Breakers (MCCBs). In addition, it launched several new smart products in the past year, like updating their Fabelle Range and IoT Smart Switches with new Wi-Fi capabilities, further demonstrating their belief in technology. These strategic moves underline Polycab's dedication to innovation, quality, and expanding its global footprint while reinforcing its strong position in the Indian electricals market.

 

Polycab Share Result Highlights

Metric

Details

Net Profit Growth

28.5% increase to ₹546 crore for Q4

Revenue Growth

29% increase to ₹5,592 crore

Core Segment Performance

Wires and cables grew by 19.3%

EBITDA Margin

Improved to 26%

FMEG Segment Growth

17.3% year-on-year increase

Key Highlights:

  • Polycab's net profit surged by 28.5% in Q4 to ₹546 crore, supported by strong demand in key segments.

  • The company achieved a 29% rise in revenue, primarily driven by the wires and cables segment.

  • A significant improvement in EBITDA margin to 26% reflects operational efficiency gains.

  • The FMEG segment also contributed positively, with a 17.3% increase, highlighting sustained demand in seasonal products.

  • These results contribute positively to the polycab share price, indicating robust performance and investor confidence.

Polycab Share Annual Reports

Year

Revenue (₹ Cr)

Net Profit (₹ Cr)

EPS (₹)

FY24

18,000

1,900

115.41

FY23

13,930

1,400

100.85

Key Highlights:

  • In FY24, Polycab's revenue reached ₹18,000 crore, reflecting a 29% increase from the previous year.

  • Net profit also grew significantly, reaching ₹1,900 crore.

  • Earnings per share (EPS) stood at ₹115.41, signalling strong profitability.

  • These annual results demonstrate Polycab’s ability to sustain growth, which positively impacts the polycab share price.

Polycab Share Dividend

Date

Dividend (₹)

Type

Record Date

Jun 2023

20

Final

22 Jun 2023

Jun 2022

14

Final

23 Jun 2022

Jul 2021

10

Final

14 Jul 2021

Mar 2020

7

Interim

14 Mar 2020

Key Highlights:

  • Polycab has consistently paid dividends, with the most recent being ₹20 per share for FY23.

  • The dividend yield of 0.48% underscores the company’s strong financial position and shareholder value.

  • Polycab’s commitment to rewarding investors contributes to the appeal of the polycab share price as a stable investment.

Popular FAQs

1. Who is the CEO of Polycab India Ltd?

Polycab India Ltd is currently led by Mr. Inder T. Jaisinghani, who has been instrumental in driving the company’s strategic vision, including its expansion into the Fast-Moving Electrical Goods (FMEG) sector and increasing its manufacturing capacity.

 

2. When was Polycab India Ltd established?

Polycab India Ltd was established on January 10, 1996, initially as Polycab Wires Private Limited. Over the years, it evolved into a public limited company and later rebranded as Polycab India Ltd on October 13, 2018, to better reflect its diversified business operations in cables, wires, FMEG and EPC sectors.

 

3. What factors influence the Polycab Share Price?

The Polycab share price is influenced by several factors, including the company’s financial performance, particularly its revenue and profit growth, developments in the wires and cables and FMEG sectors, product launches, market conditions, commodity prices (such as copper for wire manufacturing) and overall market sentiment.

 

4. Is Polycab India Ltd debt free?

Polycab India Ltd is not entirely debt-free, but it has a well-managed debt structure. The company has maintained a strong balance sheet with a focus on reducing leverage and improving operational efficiency, ensuring manageable debt levels relative to its revenue and profitability.

 

5. What is the CAGR of Polycab Share?

The Compound Annual Growth Rate (CAGR) of Polycab's stock over the last 5 years stands at an impressive 48%, reflecting strong growth in its share price during this period. Additionally, the stock has demonstrated a 36% CAGR over the past 3 years and 20% over the last year. This consistent growth highlights the company's solid performance and potential in the market.

 

6. How has the Polycab Share Price performed over the past year?

Over the past year, the Polycab share price has shown a positive performance, reflecting strong demand in the wires and cables market, a successful entry into new product categories such as IoT-enabled home automation products and the overall market confidence in the company's growth trajectory, especially following its continuous expansion and innovation.

POLYCAB INDIA LIMITED Share Price

Polycab India Limited was incorporated as Private Company with the name Polycab Wires Private Limited' on January 10, 1996. In 1998, Polycab Industries' was again converted into a Private Company as Polycab Industries Private Limited'. Thereafter, the status of the Company was converted into a public limited, and the name was changed to Polycab Wires Limited' and thereafter, to Polycab India Limited' on October 13, 2018.

The Company is the largest manufacturer of Wires and Cables in India and fast growing player in the Fast Moving Electrical Goods (FMEG) space and is a pioneer in the Indian electricals ecosystem. The Company operate into the business of Engineering, Procurement and Construction (EPC) projects. It owns nearly 27 manufacturing plants, located across the States of Gujarat, Maharashtra, Uttarakhand, Tamil Nadu, Karnataka and U.T. of Daman.

The Company is engaged in the business of manufacturing and selling wires and cables and fast moving electrical goods (FMEG) under the 'POLYCAB' brand. The company is the largest manufacturer in the wires and cables industry in India. Apart from wires and cables, it manufacture and sell FMEG such as electric fans, LED lighting and luminaries, switches and switchgears, solar products and conduits and accessories.

Polycab India manufactures and sells a diverse range of wires and cables and its key products in the wires and cables segment are power cables, control cables, instrumentation cables, solar cables, building wires, flexible cables, flexible/single multi core cables, communication cables and others including welding cables, submersible flat and round cables, rubber cables, overhead conductors, railway signaling cables, specialty cables and green wires. In 2009, the company diversified into the engineering, procurement and construction ('EPC') business, which includes the design, engineering, supply, execution and commissioning of power distribution and rural electrification projects.

Polycab Industries Private Limited got amalgamated with the Company during the year 2011. In 2014, the company diversified into the FMEG segment and its key FMEG are electric fans, LED lighting and luminaires, switches and switchgears, solar products and conduits and accessories.

The Company has manufacturing facilities, including its two joint ventures with Techno Electromech Pvt Ltd. ('Techno') and Trafigura Pte Ltd ('Trafigura'), located across the states of Gujarat, Maharashtra and Uttarakhand and the union territory of Daman and Diu. Four of these 24 manufacturing facilities are for the production of FMEG, including a 50:50 joint venture with Techno, a Gujarat-based manufacturer of LED products. In 2016, the company entered into a 50:50 joint venture with Trafigura, a commodity trading company, to set up a manufacturing facility in Waghodia, India to produce copper wire rods (the 'Ryker Plant'). The Company expects the Ryker Plant to commence commercial operations by the end of Fiscal 2019, with an estimated annual capacity of 225,000 MT of copper wire rods once it is fully operational. The Ryker Plant will strengthen the backward integration of manufacturing process as the company expects that it will meet a substantial part of their demand for copper wire rods for the manufacturing of its wires and cables and FMEG. The Company strives to deliver customized and innovative products with speed and quality service. Most of their manufacturing facilities are accredited with quality management system certificates for compliance with ISO 9001, ISO 14001 and OHSAS 18001 requirements. The Company's central quality and test laboratory in Halol is accredited by NABL and its central test laboratory, also located in Halol, for all flexible wires and cables is approved by Underwriters Laboratories ('UL'). Certain of their products are also certified to be compliant with various national and international quality standards including Bureau of Indian Standards ('BIS'), British Approvals Service for Cables (BASEC), UL and international electrotechnical commission ('IEC').

The Company has an established supply chain comprising its network of authorized dealers, distributors and retailers. This network supplies its products across India. The Company works closely with major power utilities, oil and gas, IT parks, metro rail, infrastructure, metal and non-metal, cement and EPC companies that operate in India and abroad. The Customers include institutional clients such as L&T Construction and government clients such as Konkan Railway Corporation Ltd.

During FY 2020, the Company acquired 50% stake in Ryker plant for copper rod manufacturing from Trafigura, making Ryker a wholly-owned subsidiary of Polycab. It entered into a 50:50 joint venture with commodity major Trafigura for setting up a new unit at the Waghodia facility, Gujarat, for production of copper wire rods. This plant commenced production in Q1 FY20 with an annual capacity of 2,25,000 tonnes. In the switches category, the Company introduced new coloured plate range, infrared sensor and touch feel products and switches in both economical and premium category named Evina and Levana Plus. It invested in manufacturing capabilities and branding activities.

As on March 31, 2020, the Company had 5 subsidiaries.

During year 2021, the Company developed an innovative special coating for fans with help from their technology consultants and
launched India's first 4-in-1 protection fan (anti-ageing, anti-bacteria, anti-dust, anti-rust) - Polycab Purocoat fans. It launched super
premium Hohm product range, which are IoT-enabled and aligned towards the preference of younger generation. It launched all-new range of premium, high water heaters. It launched various products such as bulbs, 36W battens, frameless panels, chip on board (COB), strip lights, streetlights, flood lights amongst others. It launched a new portfolio of portable accessories including multi-plugs, adapters, power strips with USB ports, flex box and others. On June 18, 2021, the Company acquired 100% stake in Bengaluru-based Silvan Innovation Labs Private Limited at a consideration of Rs. 102 million to augment the Company's Internet of Things (IoT) based home automation and office automation solutions. In November 2021, it divested 100% stake in Ryker Base Pvt. Ltd. for an enterprise value of about Rs. 3,230 million.

In FY22, Company launched over 30 different models of fans and appliances across categories i.e. Premium, Economy, BLDC, etc. and various new models of lights and luminaries. It launched 'Etira', a new brand from the house of Polycab. It introduced many new models in WH business along with bringing energy saving models and parallely forayed into small appliances through Room Heaters. It forayed into Central Control and Management System (CCMS) for connected lighting in streetlights and have also introduced hybrid technology in Driver on Board (DOB) lamps to bring about technological and cost advantage. It launched a unique Hybrid Technology LED Bulb, which results in lower cost and better quality, thereby reducing consumer rejections.

During the year 2023, the Company launched ~40 new models of star-rated ceiling fans in the designer, celebration, and tech series; it launched the second series of MCB with 6kA for the domestic and international market; launched various new cables, such as telecom hybrid cables, lead sheath offshore cables, submarine medium voltage cables; launched a TV commercial for Green Wire during a sporting event, conducted product education drives, webinars, and meets for influencers, builders, and trade partners, launched its 3-in-1 LED portfolio, It installed switch manufacturing plant with an installed capacity of 12 million units.

In 2023-24, Silvan Innovations Labs Private Limited got merged with the Company and made the Scheme of Amalgamation effective from September 5, 2023. Accordingly, Silvan ceased to be wholly owned subsidiary of the Company. The Company launched BLDC ceiling fans in 2024.

In 2025, Company completed UL testing for its Miniature Circuit Breakers (MCBs), enhancing their potential for expansion in the global markets. It has launched Molded Case Circuit Breakers (MCCBs) in global markets. Two new products have been launched :Fabelle Range and IoT Smart Switches with WI-Fi Connectivity during the year.

Parent organization Indian Private
NSE symbol POLYCAB
Founded 1996
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Board Of Directors

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Inder Thakurdas Jaisinghani

Chairman & Managing Director

T P Ostwal

Independent Director

Manita Carmen Albert Gonsalves

Company Sec. & Compli. Officer

Sutapa Banerjee

Independent Director

Bharat Ajay Jaisinghani

Whole-time Director

Nikhil R Jaisinghani

Whole-time Director

Manju Agarwal

Independent Director

Bhaskar Sharma

Independent Director

Gandharv Tongia

Executive Director & Chief Financial Officer

Sumit Malhotra

Independent Director

Vijay Pandey

Whole-time Director

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Frequently Asked Questions

What is the Current Share Price of Polycab India Ltd?

Answer Field

Polycab India Ltd share price is for NSE ₹ 7,276.50 & for BSE ₹ 7,286.00 as on Dec 12 2025 03:30 PM.

What is the Market Cap of Polycab India Ltd Share?

Answer Field

The market cap of Polycab India Ltd for NSE ₹ 1,09,457.40 & for BSE ₹ 1,09,600.30 as on Dec 12 2025 03:30 PM.

What is the 52 Week High and Low of Polycab India Ltd?

Answer Field

The 52 Week High and Low of Polycab India Ltd for NSE is ₹ 7,903.00 and ₹ 4,555.00 and for BSE is ₹ 7,899.50 and ₹ 4,557.45.

What is 1 year return for Polycab India Ltd?

Answer Field

The 1 year returns on the stock has been -2.80%.

What is the P/E Ratio of Polycab India Ltd Share?

Answer Field

As on Dec 12 2025 03:30 PM the price-to-earnings (PE) ratio for Polycab India Ltd share is 45.14.

What is the PB ratio of Polycab India Ltd Share?

Answer Field

As on Dec 12 2025 03:30 PM, the price-to-book (PB) ratio for Polycab India Ltd share is 697.25.

How to Buy Polycab India Ltd Share?

Answer Field

You can trade in Polycab India Ltd shares with Bajaj Broking by opening a demat account.

How to Buy Polycab India Ltd Share on Bajaj Broking App?

Answer Field

To buy Polycab India Ltd shares on the Bajaj Broking app, follow these steps:

• Login to the Bajaj Broking App

• Click on the Search Icon

• Search “Polycab India Ltd”

• Click on the BUY icon

• Place a buy order specifying the desired quantity of shares.

• Click BUY again to complete the purchase

Who is the CEO of Polycab India Ltd?

Answer Field

Inder T. Jaisinghani serves as the CEO of Polycab India Ltd. He has played a pivotal role in shaping the company’s growth, expanding its footprint in the electrical industry, and driving its strategic initiatives across wires, cables, and FMEG products to enhance market dominance.

When was Polycab India Ltd established?

Answer Field

Polycab India Ltd originated in 1964, starting as a small-scale business. Over time, it expanded into a major player in the wires and cables industry. In 2018, the company adopted its current name to reflect its diversified operations across electrical, FMEG, and infrastructure solutions.

What factors influence the Polycab Share Price?

Answer Field

Polycab’s stock price is driven by revenue growth, profitability, and expansion into new product segments. Market trends, raw material costs, particularly copper prices, and demand in the electrical sector also impact valuations. Investor sentiment and overall economic conditions further shape its market performance.

Is Polycab India Ltd debt-free?

Answer Field

Polycab India Ltd operates with minimal debt, maintaining a strong financial structure. The company prioritizes operational efficiency and sustainable growth, ensuring a solid balance sheet with manageable liabilities. Its low-debt approach enhances profitability, making it an attractive investment for long-term stakeholders.

What is the CAGR of Polycab Share?

Answer Field

Polycab’s profit has grown at a 28.1% CAGR over five years, driven by consistent revenue expansion and strategic investments. The stock’s performance reflects strong investor confidence, increased product demand, and successful business diversification, making it a key player in the electrical and FMEG industries.

How has the Polycab Share Price performed over the past year?

Answer Field

Polycab’s share price has shown substantial growth, supported by rising demand, new product innovations, and strong financial results. Expansion into emerging segments and investor optimism about its long-term strategy have contributed to its positive market performance, reinforcing confidence in its future outlook.

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Bajaj Financial Securities Limited has financial interest in the subject companies: No  

Bajaj Financial Securities Limited’s Associates may have actual/beneficial ownership of 1% or more securities of the subject company at the end of the month immediately preceding the date of publication of research report.  

Research analyst or his/her relative has actual/beneficial ownership of 1% or more securities of the subject company at the end of the month immediately preceding the date of publication of research report: No  

Bajaj Financial Securities Limited has actual/beneficial ownership of 1% or more securities of the subject company at the end of the month immediately preceding the date of publication of research report: No  

Subject company may have been client during twelve months preceding the date of distribution of the research report.  

There were no instances of non-compliance by Bajaj Financial Securities Limited on any matter related to the capital markets, resulting in significant and material disciplinary action during the last three years. A graph of daily closing prices of the securities is also available at NSE

ANALYST CERTIFICATION

The analyst for this report certifies that all of the views expressed in this report accurately reflect his or her personal views about the subject company or companies and its or their securities, and no part of his or her compensation was, is or will be, directly or indirectly related to specific recommendations or views expressed in this report.  

RISK DISCLOSURE ON DERIVATIVES

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.

BROKERAGE DISCLAIMER

All leveraged intraday positions will be squared off on the same day. There is no restriction on the withdrawal of the unutilised margin amount. Brokerage will not exceed the SEBI prescribed limit. Visit : Pricing

MTF 

As subject to the provisions of SEBI Circular CIR/MRD/DP/54/2017 dated June 13, 2017, and the terms and conditions mentioned in the lights and obligations statement issued by the TM (if applicable).  

US INVESTING

International investment is not supervised by any regulatory body in India. Thus, any claim or dispute relating to such investment or enforcement of any agreement/contract /claim will not be under laws and regulations of the recognized stock exchanges and investor protection under Indian Securities Law. The account opening process will be carried out on Vested platform and Bajaj Financial Securities Limited will not have any role in it.  

IPO 

This should not be construed as soliciting investment. Investors’ discretion is required. Kindly consult your financial expert before investing. No need to issue cheques by investors while subscribing to IPO. Investments in securities markets are subject to market risks, read all the related documents carefully before investing.  

SCREENERS 

Screeners is not Exchange-approved products and any disputes related to the same will not be dealt on the Exchange platform. 

SECURITIES 

Securities quoted are exemplary and not recommendatory. 

IPV 

Account would be open after all procedure relating to IPV and client due diligence is completed. 

IMAGES 

The images used are only for representation purpose. Proper due diligence has been done for the images and the image is not of any artist. The same is captured from royalty free sites.

THIRD PARTY PRODUCT DISCLAIMER

Bajaj Financial Securities Limited is a distributor for Non-Broking Products/Services such as Mutual Funds, Mutual Funds SIP, IPO, Bonds, Insurance, PMS, Global Investing, any other third-party products/services. These are not Exchange Traded Products, and we are only acting as distributors. All disputes with respect to the distribution activity, would not have access to SCORES/ODR, Exchange investor redressal forum or Arbitration mechanism. Please refer to the detailed disclaimer for Third-Party Products.

DISCLOSURE TO CLIENTS REGARDING PAYOUT OF FUNDS

As per SEBI circular no. SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/84 dated June 08, 2023, Stockbrokers are required to upstream the entire client funds lying with them to the Clearing Corporation. Based on client’s request the funds’ release request must be placed with the Clearing Corporation. Based on the internal process and cut-off timelines of the Clearing Corporation the funds will be released to the Stock Broker. In view of this new process, as specified by the regulatory and the cut-off time of Clearing Corporation/Banks processing the funds, Bajaj Financial Securities Limited cannot commit the exact time for releasing funds payout to its client. Clients are requested to note that, Bajaj Financial Securities Limited will not be responsible for any inconvenience caused to clients due to delay in release of funds payout, including fines, delayed charges, defaults, etc.