Polycab India Limited
Polycab India Limited operates in Cables - Electricals, part of the Capital Goods sector. It booked ₹9,899 cr of revenue in its latest quarter (Q2 FY27) and kept 9.9% of sales as profit. It is the largest of 9 Cables - Electricals companies we track, by market value.
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
Healthier than 75% of companies in Capital Goods, on all six measures of filed financials. Each measure is ranked against the 81–127 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 44
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
What if I invest in POLYCAB?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-03.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹9,899 cr |
| Other Income | ₹88 cr |
| Total Income | ₹9,987 cr |
| Cost of Materials | ₹7,490 cr |
| Purchases of Stock-in-Trade | ₹150 cr |
| Inventory Change (±) | ₹-522 cr |
| Employee Benefit Expense | ₹266 cr |
| Finance Costs | ₹94 cr |
| Depreciation & Amortisation | ₹111 cr |
| Other Expenses | ₹1,093 cr |
| Total Expenses | ₹8,681 cr |
| Profit before Tax | ₹1,306 cr |
| Tax Expense | ₹316 cr |
| Net Profit | ₹990 cr |
| Net margin on total income | 9.9% |
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 8,864 cr | 8,210 cr | 9,899 cr |
| Total income | 8,925 cr | 8,315 cr | 9,987 cr |
| Expenses | 7,876 cr | 7,256 cr | 8,681 cr |
| Profit before tax | 1,049 cr | 1,058 cr | 1,306 cr |
| Tax | 264 cr | 262 cr | 316 cr |
| Net profit (owners' share) | 773 cr | 784 cr | 977 cr |
| Net margin (owners' share, on revenue) | 8.7% | 9.6% | 9.9% |
| EPS (₹) | 52.18 | 52.09 | 64.87 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Polycab India Limitedthis company | ₹7,837 | ₹1.18 L cr | 30.2 | 29.9% | 9.9% | — |
| KEI Industries Limited | ₹3,881 | ₹37,106 cr | 35.3 | 14.6% | 6.9% | — |
| R R Kabel Limited | ₹2,001 | ₹22,646 cr | 31.3 | 23.8% | 5.5% | — |
| Finolex Cables Limited | ₹1,140 | ₹17,438 cr | 17.5 | 16.4% | 12.4% | — |
| Universal Cables Limited | ₹1,233 | ₹4,277 cr | 15.2 | 14.8% | 7.4% | — |
| Laser Power & Infra Limited | ₹218 | ₹2,510 cr | 30.3 | — | 4.0% | — |
| Lumino Industries Limited | ₹94 | ₹2,296 cr | 14.3 | — | 7.7% | — |
| Paramount Communications Limited | ₹62 | ₹2,021 cr | 20.9 | 10.5% | 4.3% | — |
| Dynamic Cables Limited | ₹330 | ₹1,601 cr | 18.1 | 17.6% | 6.1% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹47 / share | 19 Jun 2026 |
| Dividend | ₹35 / share | 24 Jun 2025 |
| Dividend | ₹30 / share | 9 Jul 2024 |
| Dividend | ₹20 / share | 21 Jun 2023 |
| Dividend | ₹14 / share | 21 Jun 2022 |
| Dividend | ₹10 / share | 12 Jul 2021 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.