Overall Fundamental outlook

Business Operations:

Sector: Industrials
Industry: Electrical Equipment & Parts

Polycab India Limited manufactures and sells wires and cables under the POLYCAB brand in India and internationally. The company offers power cables, control cables, instrumentation cables, solar cables, building wires, flexible cables, flexible/single multi core cables, and communication cables, as well as welding cables, submersible flat and round cables, rubber cables, overhead conductors, railway signaling cables, specialty cables and green wires. It also provides ceiling, table, pedestal, wall, exhaust, farrata, and air circulated fans. In addition, the company provides lighting and luminaires, IR touch switches, modular plates, switches, and accessories, and switchgear consisting of isolators, MCB, RCCB, RCBO, DB, ACCL, and MCB changeover switches. Further, the company offers solar grid tie inverter, DC MCB, solar DC cable, and solar panels; and UPVC conduit and concealed box. Additionally, it provides water heaters, coolers, and iron appliances. Furthermore, the company engages in the design, engineering, supply, execution, and commissioning of power distribution, transmission, and rural electrification projects. It operates a distribution network through authorized dealers and distributors; and retail outlets. The company was founded in 1964 and is based in Mumbai, India.

Revenue projections:

Revenue projections for POLYCAB
Revenue projections for POLYCAB

With POLYCAB's revenues expected to fall below the previous year's, investors are likely to approach the stock with caution. Declining revenues can negatively affect profitability, which makes it harder for the company to maintain investor confidence and perform well in the market.

Financial Ratios:

currentRatio 0.00000
forwardPE 31.95566
debtToEquity 2.08700
earningsGrowth 0.35900
revenueGrowth 0.46100
grossMargins 0.25798
operatingMargins 0.11268
trailingEps 174.10000
forwardEps 210.35397

With earnings and revenue growth in positive territory, POLYCAB is projected to expand its business. This strong financial performance suggests the company will continue to grow, as increased profitability and sales drive future success.
POLYCAB's forward EPS is higher than its trailing EPS, suggesting the company is expected to see an increase in profitability this year. This points to positive growth, indicating that POLYCAB is projected to improve its financial performance compared to the previous year.

Price projections:

Price projections for POLYCAB
Price projections for POLYCAB

Price projections for Polycab India Limited have been revised upward over time, signaling increasing optimism about the company's future. This steady increase reflects a positive outlook for Polycab India Limited's growth and market performance.

Recommendation changes over time:

Recommendations trend for POLYCAB
Recommendations trend for POLYCAB


POLYCAB has received a favorable buy bias from analysts recently, positioning it as a solid investment opportunity. This sentiment may attract more investors, who view POLYCAB as a stable option to park their money and potentially benefit from the company's continued growth and profitability.