as of —
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Change
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Day Open
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Day High
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Day Low
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NSE Close — 25 Sep 2026
₹8,408.5
Change
+42.0 (0.5%)
Open
₹8,394.0
Prev. Close
₹8,366.5
Day High
₹8,463.0
Day Low
₹8,350.0
Volume Analysis
Traded
296,612
Delivered
158,208
Delivery %
53.34%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (1)
- •Strong return on equity (23.0%)
Weaknesses (1)
- •Promoter holding is falling
Opportunities (3)
- •Strong 3-year EPS growth (27.9%)
- •Strong 3-year revenue growth (27.0%)
- •FII holding has been rising
Threats (0)
No signal for this stock
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹8,577.34 | ₹8,520.17 | ₹8,464.34 | ₹8,407.17 | ₹8,351.34 | ₹8,294.17 | ₹8,238.34 |
| Fibonacci | ₹8,520.17 | ₹8,477.0 | ₹8,450.34 | ₹8,407.17 | ₹8,364.0 | ₹8,337.34 | ₹8,294.17 |
| Camarilla | ₹8,439.58 | ₹8,429.22 | ₹8,418.86 | ₹8,407.17 | ₹8,398.14 | ₹8,387.78 | ₹8,377.43 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
+9.59%
1 Week
+0.47%
1 Month
-7.48%
3 Months
-15.59%
6 Months
+21.42%
1 Year
+14.83%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹1,785.12
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
22.32%
Net margin 9.31% × asset turnover 1.41x × equity multiplier 1.7x
Company Overview
Sector
Capital Goods
Market Cap
₹126,713 Cr
P/E (TTM)
44.2
ROE
23.0%
Book Value
₹798.0
Face Value
₹10.0
Source: Screener.in (Consolidated figures) — data as of 26 Sep 2026. Not investment advice.
TopFund Analysis
Polycab India Limited holds up reasonably well on TopFund's composite fundamentals check within the Capital Goods sector, at 71/100. The strongest factor is Financial Strength (100/100), while Valuation (3/100) is the weakest area to weigh before deciding. Notably: Strong return on equity (23.0%); promoter holding is falling. Strong 3-year EPS growth (27.9%).
TopFund Score — Fundamentals Quality
71/100 — GoodData confidence: 79/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- +Company is almost debt free.
- +Company is expected to give good quarter
- +Company has delivered good profit growth of 23.7% CAGR over last 5 years
- +Company has been maintaining a healthy dividend payout of 25.9%
- −Stock is trading at 10.5 times its book value
- −Promoter holding has decreased over last 3 years: -4.53%
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
Polycab India scheduled one-on-one investor meetings with Select Equity Group and Sohum AMC on September 29, 2026.
Disclosure of allotment of Equity shares pursuant to Employee Stock Options Scheme, 2018 of Polycab India Limited
Polycab India announced investor/analyst meetings with JM Financial, IIFL Capital, and Ambit Capital on September 8-9, 2026.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 3,889 | 4,218 | 4,340 | 5,592 | 4,698 | 5,498 | 5,226 | 6,986 | 5,906 | 6,477 | 7,636 | 8,864 | 8,210 |
| Expenses + | 3,341 | 3,609 | 3,771 | 4,830 | 4,115 | 4,867 | 4,506 | 5,960 | 5,048 | 5,456 | 6,670 | 7,703 | 7,074 |
| Operating Profit | 549 | 609 | 570 | 762 | 583 | 632 | 720 | 1,025 | 858 | 1,021 | 966 | 1,161 | 1,136 |
| OPM % | 14.0% | 14.0% | 13.0% | 14.0% | 12.0% | 11.0% | 14.0% | 15.0% | 15.0% | 16.0% | 13.0% | 13.0% | 14.0% |
| Other Income + | 64 | 35 | 71 | 54 | 58 | 76 | 25 | 48 | 80 | 45 | 50 | 60 | 105 |
| Interest | 25 | 27 | 32 | 24 | 41 | 45 | 50 | 33 | 51 | 48 | 69 | 75 | 80 |
| Depreciation | 57 | 60 | 62 | 66 | 67 | 72 | 79 | 80 | 86 | 97 | 106 | 98 | 103 |
| Profit before tax | 530 | 557 | 546 | 725 | 533 | 590 | 617 | 961 | 801 | 921 | 842 | 1,049 | 1,058 |
| Tax % | 24.0% | 23.0% | 24.0% | 24.0% | 25.0% | 25.0% | 25.0% | 24.0% | 25.0% | 25.0% | 25.0% | 25.0% | 25.0% |
| Net Profit + | 403 | 430 | 417 | 553 | 402 | 445 | 464 | 734 | 600 | 693 | 630 | 786 | 797 |
| EPS in Rs | 27 | 28 | 27 | 36 | 26 | 29 | 30 | 48 | 39 | 46 | 41 | 51 | 52 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 4,707 | 5,202 | 5,500 | 6,770 | 7,986 | 8,830 | 8,792 | 12,204 | 14,108 | 18,039 | 22,408 | 28,884 | 31,188 |
| Expenses + | 4,266 | 4,710 | 5,020 | 6,041 | 7,035 | 7,701 | 7,681 | 10,940 | 12,265 | 15,548 | 19,445 | 24,870 | 26,903 |
| Operating Profit | 442 | 492 | 480 | 729 | 950 | 1,129 | 1,111 | 1,264 | 1,843 | 2,492 | 2,964 | 4,013 | 4,284 |
| OPM % | 9.0% | 9.0% | 9.0% | 11.0% | 12.0% | 13.0% | 13.0% | 10.0% | 13.0% | 14.0% | 13.0% | 14.0% | 14.0% |
| Other Income + | 5 | 32 | 75 | 65 | 64 | 91 | 164 | 161 | 133 | 221 | 204 | 229 | 261 |
| Interest | 108 | 147 | 66 | 94 | 117 | 50 | 43 | 35 | 60 | 108 | 169 | 243 | 272 |
| Depreciation | 98 | 111 | 128 | 133 | 141 | 161 | 176 | 202 | 209 | 245 | 298 | 386 | 403 |
| Profit before tax | 241 | 265 | 361 | 567 | 756 | 1,010 | 1,056 | 1,188 | 1,707 | 2,359 | 2,701 | 3,613 | 3,871 |
| Tax % | 32.0% | 30.0% | 36.0% | 37.0% | 34.0% | 24.0% | 16.0% | 23.0% | 25.0% | 24.0% | 24.0% | 25.0% | — |
| Net Profit + | 164 | 185 | 233 | 359 | 500 | 766 | 886 | 917 | 1,282 | 1,803 | 2,046 | 2,708 | 2,905 |
| EPS in Rs | 12 | 13 | 16 | 25 | 35 | 51 | 59 | 61 | 85 | 119 | 134 | 177 | 190 |
| Dividend Payout % | 9.0% | 13.0% | 6.0% | 0.0% | 8.0% | 14.0% | 17.0% | 23.0% | 24.0% | 25.0% | 26.0% | 26.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 1,489 | 1,642 | 1,853 | 2,206 | 2,706 | 3,688 | 4,605 | 5,394 | 6,481 | 8,037 | 9,675 | 11,858 |
| Borrowings + | 546 | 796 | 856 | 800 | 272 | 157 | 282 | 118 | 191 | 161 | 202 | 236 |
| Other Liabilities + | 1,138 | 1,296 | 1,729 | 1,300 | 2,509 | 1,967 | 1,978 | 1,750 | 2,602 | 3,718 | 3,721 | 8,220 |
| Total Liabilities | 3,314 | 3,875 | 4,579 | 4,448 | 5,628 | 5,961 | 7,015 | 7,412 | 9,424 | 12,066 | 13,749 | 20,465 |
| Fixed Assets + | 822 | 985 | 1,128 | 1,197 | 1,276 | 1,422 | 1,870 | 1,675 | 2,067 | 2,338 | 3,011 | 3,740 |
| CWIP | 179 | 138 | 165 | 136 | 193 | 241 | 99 | 375 | 251 | 578 | 708 | 1,139 |
| Investments | 0 | 0 | 33 | 32 | 29 | 65 | 635 | 773 | 1,350 | 1,822 | 1,749 | 3,405 |
| Other Assets + | 2,312 | 2,752 | 3,253 | 3,083 | 4,130 | 4,232 | 4,411 | 4,588 | 5,756 | 7,328 | 8,280 | 12,180 |
| Total Assets | 3,314 | 3,875 | 4,579 | 4,448 | 5,628 | 5,961 | 7,015 | 7,412 | 9,424 | 12,066 | 13,749 | 20,465 |
| Equity Capital | 141 | 141 | 141 | 141 | 141 | 149 | 149 | 149 | 150 | 150 | 150 | 151 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 150 | 221 | 296 | 362 | 1,230 | 244 | 1,252 | 512 | 1,428 | 1,296 | 1,809 | 3,811 |
| Cash from Investing Activity + | -173 | -247 | -295 | -188 | -408 | -262 | -1,012 | -427 | -1,203 | -752 | -1,239 | -2,850 |
| Cash from Financing Activity + | 15 | 45 | -10 | -190 | -651 | 11 | -175 | -201 | -227 | -387 | -628 | -799 |
| Net Cash Flow | -8 | 20 | -8 | -15 | 171 | -7 | 66 | -116 | -2 | 157 | -59 | 162 |
| CFO/OP | 48 | 69 | 83 | 69 | 148 | 48 | 134 | 67 | 98 | 75 | 82 | 117 |
| Free Cash Flow | -52 | -26 | 18 | 179 | 949 | -45 | 1,061 | -8 | 969 | 438 | 853 | 2,340 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 13.58% | 13.18% | 15.58% | 14.42% | 14.11% | 13.52% | 14.9% | 13.94% | 12.83% | 12.54% | 12.33% | 11.92% |
| Promoters | 65.91% | 65.78% | 65.24% | 65.02% | 63.06% | 63.05% | 63.04% | 63.01% | 61.53% | 61.5% | 61.5% | 61.46% |
| FII | 12.41% | 13.41% | 11.96% | 13.63% | 13.49% | 12.76% | 11.11% | 11.45% | 13.96% | 14.82% | 18.21% | 19.0% |
| DII | 8.08% | 7.61% | 7.23% | 6.93% | 9.35% | 10.66% | 10.95% | 11.61% | 11.7% | 11.13% | 7.95% | 7.62% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Capital Goods — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Polycab India Limited (this stock) | 126,713 | 44.2 | 10.54 | 23.0% |
| Siemens Ltd | 138,068 | 91.8 | 9.97 | 19.2% |
| Cummins India Ltd | 138,945 | 57.0 | 16.4 | 30.2% |
| Cg Power And Ind Sol Ltd | 142,076 | 112.0 | 17.83 | 20.5% |
| Ge Vernova T&d India Ltd | 110,093 | 590.0 | 102.41 | 18.6% |
| BHEL | 146,786 | 60.3 | 5.62 | 6.23% |
| ABB India Limited | 151,069 | 98.0 | 16.17 | 22.4% |
Which Mutual Funds Hold Polycab India Limited?
Frequently Asked Questions about Polycab India Limited
Polycab India Limited (POLYCAB) closed at ₹8,408.5 on NSE on 25 September 2026, up 42.0 (0.5%) from the previous close.
Polycab India Limited trades on the NSE (National Stock Exchange of India) under the symbol POLYCAB.
Polycab India Limited has a trailing twelve-month P/E (price-to-earnings) ratio of 44.2.
Polycab India Limited has a dividend yield of 0.56%.
Polycab India Limited's 52-week high is ₹10,129.0 and its 52-week low is ₹6,660.0.
Polycab India Limited has a market capitalisation of ₹126,713 crore.
Polycab India Limited has a TopFund Quality Score of 71/100 (Good), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
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