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

Positive earnings and revenue growth for Polycab India Limited suggest that the company is positioned for business expansion. The company's strong financial performance indicates sustained growth, as increasing sales and profits fuel its future success.
POLYCAB's forward EPS exceeding its trailing EPS reflects expectations of increased profitability for the current year. This suggests that the company is projected to achieve higher earnings than in the previous financial year, signaling positive growth and improved financial health.

Price projections:

Price projections for POLYCAB
Price projections for POLYCAB

POLYCAB's price projections have been gradually revised upward, reflecting increased confidence in the company's future performance. This trend suggests analysts expect POLYCAB to achieve greater success in the coming periods.

Recommendation changes over time:

Recommendations trend for POLYCAB
Recommendations trend for POLYCAB


Analysts' recent buy bias toward POLYCAB suggests the stock is gaining favor as a strong investment choice. This optimism could drive more investors to see POLYCAB as a smart place to invest, further bolstering confidence in the company's long-term growth and potential returns.