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

Polycab India Limited is projected to see a decline in revenue compared to last year, which could lead to investor caution. A drop in earnings is often viewed as a negative signal for profitability, making it more difficult for the company to maintain investor confidence in its financial health.

Financial Ratios:

currentRatio 2.193000
forwardPE 34.417114
debtToEquity 1.947000
earningsGrowth 0.493000
revenueGrowth 0.257000
grossMargins 0.252820
operatingMargins 0.130700
trailingEps 146.820000
forwardEps 164.650000

POLYCAB's current ratio, being 2.193, demonstrates that the company has the liquidity necessary to service its short-term debt. With strong cash reserves and current assets, POLYCAB is well-equipped to meet its immediate financial obligations without any difficulties.
With positive growth in both earnings and revenue, POLYCAB is expected to grow its business. These indicators highlight a strong financial outlook, with the company on track for continued expansion and increasing profitability.
With POLYCAB's forward EPS higher than its trailing EPS, the company is expected to be more profitable in the current financial year. This signals confidence in POLYCAB's growth potential, as improved earnings are forecasted compared to the prior year's performance.

Price projections:

Price projections for POLYCAB
Price projections for POLYCAB

Over time, price projections for POLYCAB have gradually risen, signaling growing optimism about the company's future. This upward revision reflects increasing confidence in POLYCAB's ability to achieve strong financial results.

Insider Transactions:

Insider Transactions for POLYCAB
Insider Transactions for POLYCAB


2 transactions to sell POLYCAB occurred, with market price at 7410.02490234375.During the period under consideration, there were no sell transactions.The higher volume of buys compared to sells near current POLYCAB price levels may suggest optimism among investors. This could point to a favorable market outlook, as more people are willing to invest at these prices, anticipating potential future growth or strong performance.

Recommendation changes over time:

Recommendations trend for POLYCAB
Recommendations trend for POLYCAB


POLYCAB has been receiving a buy bias from analysts, signaling strong confidence in the stock's future performance. This positive outlook might drive investors to view POLYCAB as an attractive option for their portfolios, positioning the company as a stable and profitable investment choice.