ScoreWhy is Polycab India Ltd ?
1
Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 19.84%
- Healthy long term growth as Net Sales has grown by an annual rate of 26.89% and Operating profit at 30.87%
- Company has a low Debt to Equity ratio (avg) at 0 times
2
The company has declared Positive results for the last 5 consecutive quarters
- NET SALES(Q) Highest at Rs 8,864.48 cr
- PBDIT(Q) Highest at Rs 1,161.31 cr.
- PBT LESS OI(Q) Highest at Rs 988.87 cr.
3
Stock is technically in a Bullish range
- The technical trend has improved from Mildly Bullish on 15-Apr-26 and has generated 20.65% returns since then
- Multiple factors for the stock are Bullish like MACD, Bollinger Band, KST and DOW
4
High Institutional Holdings at 26.17%
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
5
Company is among the highest 1% of companies rated by MarketsMojo across all 4,000 stocks
Real-Time Research ReportHow much should you buy?
- Overall Portfolio exposure to Polycab India should be less than 10%
- Overall Portfolio exposure to Cables - Electricals should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Cables - Electricals)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Polycab India for you?
Medium Risk, High Return
Absolute
Risk Adjusted
Volatility
Polycab India
37.69%
2.03
29.41%
Sensex
-1.65%
-0.49
12.94%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
26.35%
EBIT Growth (5y)
30.72%
EBIT to Interest (avg)
21.30
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
-0.34
Sales to Capital Employed (avg)
2.22
Tax Ratio
24.94%
Dividend Payout Ratio
26.48%
Pledged Shares
0
Institutional Holding
26.61%
ROCE (avg)
35.51%
ROE (avg)
19.84%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
49
Industry P/E
48
Price to Book Value
11.65
EV to EBIT
35.00
EV to EBITDA
31.70
EV to Capital Employed
17.07
EV to Sales
4.36
PEG Ratio
1.68
Dividend Yield
0.51%
ROCE (Latest)
45.49%
ROE (Latest)
22.25%
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TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bullish
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend14What is working for the Company
OPERATING CF(Y)
Highest at Rs 3,810.67 Cr
DPR(Y)
Highest at 26.48%
NET SALES(Latest six months)
At Rs 17,074.21 cr has Grown at 32.44%
PAT(Q)
Highest at Rs 784.34 cr.
EPS(Q)
Highest at Rs 52.07
-1What is not working for the Company
DEBTORS TURNOVER RATIO(HY)
Lowest at 7.68 times
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Here's what is working for Polycab India
Operating Cash Flow - Annually
Highest at Rs 3,810.67 Cr and Grown
each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (Rs Cr)
Net Sales - Latest six months
At Rs 17,074.21 cr has Grown at 32.44%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Dividend Payout Ratio (DPR) - Annually
Highest at 26.48% and Grown
each year in the last five yearsMOJO Watch
Company is distributing higher proportion of profits generated as dividend
DPR (%)
Profit After Tax (PAT) - Quarterly
Highest at Rs 784.34 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 52.07
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
Here's what is not working for Polycab India
Debtors Turnover Ratio- Half Yearly
Lowest at 7.68 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio
Non Operating Income - Quarterly
Highest at Rs 104.92 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income
