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

The projected decline in POLYCAB's revenues compared to last year is expected to make investors cautious. A drop in revenue often has a direct negative effect on the company's bottom line, signaling potential challenges that could undermine investor confidence and reduce overall profitability.

Financial Ratios:

currentRatio 2.655000
forwardPE 31.989788
debtToEquity 2.423000
earningsGrowth 0.327000
revenueGrowth 0.249000
grossMargins 0.247230
operatingMargins 0.136410
trailingEps 133.810000
forwardEps 164.650000

POLYCAB's current ratio is 2.655, signaling that the company has sufficient cash reserves and current assets to cover its short-term debt obligations. This suggests financial stability, as POLYCAB should not face any issues meeting its short-term liabilities with available resources.
Polycab India Limited's positive growth in earnings and revenue suggests the company is on track to expand its business. These indicators highlight a healthy financial performance, with Polycab India Limited expected to increase its market presence and profitability.
POLYCAB's forward EPS exceeding its trailing EPS means the company is expected to be more profitable this year than last. This suggests an upward trend in earnings, with forecasts indicating that POLYCAB's financial performance will improve in the current financial year.

Price projections:

Price projections for POLYCAB
Price projections for POLYCAB

Throughout its recent performance, POLYCAB's price has been consistently close to the lower range of projected values. This suggests that the company may face challenges in achieving higher valuations in the eyes of investors.

Insider Transactions:

Insider Transactions for POLYCAB
Insider Transactions for POLYCAB


2 Polycab India Limited shares were sold in recent transactions, with market price at 7410.02490234375.During the review period, no sell transactions were executed.With more buys than sells around POLYCAB's current price, there seems to be increased confidence among investors. This shift may indicate a favorable outlook, as the buying behavior suggests optimism for the stock's future growth or resilience.

Recommendation changes over time:

Recommendations trend for POLYCAB
Recommendations trend for POLYCAB


A recent buy bias from analysts toward POLYCAB may inspire confidence in investors, who could view the stock as a promising investment. This positive sentiment suggests that POLYCAB might be an appealing option for those looking to grow their wealth through stock market investments.