Polycab India Limited
POLYCAB · General/Diversified · NSE
₹9,524
Current Market Price
Fair Value (DCF)
₹3,007
Discount to FV
-68.4%
Updated just now
YieldIQ Score
40/100
Piotroski F-Score
6/9
Economic Moat
Moderate
Confidence
53%
ROE
20.4%
Debt/Equity
0.15
WACC
10.7%
Market Cap
₹1.43 Lakh Cr
Quality & Valuation
Neutral model outputs — no recommendations.
ROCE
27.5%
Return on capital employed
EV / EBITDA
35.4×
Enterprise multiple
Debt / EBITDA
1.1×
Leverage vs earnings
Interest Coverage
19.5×
EBIT covers interest
Current Ratio
1.84×
Short-term liquidity
Asset Turnover
—
Revenue per ₹ of assets
Revenue CAGR (3Y)
18.1%
3-year revenue growth
Revenue CAGR (5Y)
19.5%
5-year revenue growth
DCF Scenario Analysis
vs CMP ₹9,523.5
Bear case
Discount -443.1%
Base case
Discount -216.7%
Bull case
Discount -143.6%
Ratio Trends
POLYCAB · last 7 annual periods
ROE
20.4%
ROCE
27.5%
Operating Margin
—
Debt / Equity
0.15×
PE
101.2×
EV / EBITDA
22.1×
Historical Financials
POLYCAB · Annual, last 5 years· amounts in ₹Cr unless noted
| Metric | 2022 NSE_XBRL | 2023 NSE_XBRL | 2024 NSE_XBRL | 2025 yfinance | 2026 yfinance | CAGR |
|---|---|---|---|---|---|---|
| Revenue | ₹12.0K Cr | ₹13.9K Cr | ₹17.8K Cr | ₹22.0K Cr | ₹28.3K Cr | +23.9% |
| EBITDA | ₹1341 Cr | ₹1961 Cr | ₹2696 Cr | ₹3139 Cr | ₹4194 Cr | +33.0% |
| EBIT | ₹1154 Cr | ₹1776 Cr | ₹2468 Cr | — | — | +20.9% |
| PAT | ₹909 Cr | ₹1271 Cr | ₹1784 Cr | ₹2020 Cr | ₹2672 Cr | +31.0% |
| EPS (diluted) | ₹55.80 | ₹84.61 | ₹118.49 | — | — | +20.7% |
| CFO | ₹512 Cr | ₹1428 Cr | ₹1296 Cr | ₹1809 Cr | ₹3811 Cr | +65.2% |
| CapEx | ₹-527 Cr | ₹-479 Cr | ₹-859 Cr | ₹-970 Cr | ₹-1481 Cr | — |
| FCF | ₹-15.1 Cr | ₹948 Cr | ₹438 Cr | ₹839 Cr | ₹2330 Cr | — |
| Total Assets | ₹7412 Cr | ₹9425 Cr | ₹12.1K Cr | ₹13.8K Cr | ₹20.5K Cr | +28.9% |
| Total Debt | ₹118 Cr | ₹1335 Cr | ₹2023 Cr | ₹1509 Cr | ₹4501 Cr | +148.4% |
| Shareholders' Equity | ₹5544 Cr | ₹6637 Cr | ₹8187 Cr | ₹9828 Cr | ₹12.0K Cr | +21.3% |
CAGR computed across the visible window. Signs reverse if start value is zero or negative.
Peer Comparison
POLYCAB vs 5 closest peers by market-cap band
| Peer | MoS | Score | Verdict | ROE | PE |
|---|---|---|---|---|---|
 CGPOWER CGPOWER | — | — | Pending | 15.1% | — |
 POWERINDIA POWERINDIA | — | — | Pending | 9.1% | — |
 HAVELLS HAVELLS | — | — | Pending | 17.9% | 44.2× |
 APARINDS APARINDS | — | — | Pending | 18.2% | — |
 KEI KEI | — | — | Pending | 13.8% | 42.0× |
Click a ticker to view its fair-value analysis.
Dividend History
7 ex-dividend events on file. Source: NSE corporate-actions feed.
Total paid (5Y)
₹109.00/sh
Last payout
2025-06-24
₹35.00
Peak payout
₹35.00
Trailing yield
0.37%
Amounts parsed from NSE subject lines. Percent-of-face-value declarations are converted using the per-ticker face value (defaults to ₹10).
AI Analysis Summary
Model-generated description of metrics. Not investment advice. Polycab India Limited (POLYCAB.NS) trades at 9523.50 vs a model fair value of 3007.37, a gap of -68.4%. Piotroski F-score: 6/9. Moat labe...
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Market-implied growth
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Risk Analysis
Volatility & drawdown
Risk profile of POLYCAB →
DuPont
ROE decomposition
Why ROE is what it is →
Technicals
RSI, MACD, MAs
Reference indicators →
News & Filings
Recent activity
BSE filings + news for POLYCAB →
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Analyse POLYCABNow →Model estimates using publicly available data. Not investment advice. YieldIQ is not registered with SEBI as an investment adviser or research analyst. Past performance does not guarantee future results.