Polycab India

  • Market Cap: Mid Cap
  • Industry: Cables - Electricals
  • ISIN: INE455K01017
  • NSEID: POLYCAB
  • BSEID: 542652
INR
9,961.90
34.05 (0.34%)
BSENSE

Jun 18

BSE+NSE Vol: 1.63 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Part of MojoOne Strategy
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Comparison
Company
Score
Quality
Valuation
Financial
Technical
Polycab India
KEI Industries
Finolex Cables
Universal Cables
Advait Energy
Paramount Comm.
Dynamic Cables
Quadrant Future
R R Kabel
JD Cables
V-Marc India
Why 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
stock-recommendationReal-Time Research Report
Verdict Report
How much should you buy?
  1. Overall Portfolio exposure to Polycab India should be less than 10%
  2. 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
66.32%
2.03
29.41%
Sensex
-5.06%
-0.49
12.94%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors
Factor
Value
Sales Growth (5y)
26.89%
EBIT Growth (5y)
30.87%
EBIT to Interest (avg)
20.96
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
25.04%
Dividend Payout Ratio
26.48%
Pledged Shares
0
Institutional Holding
26.17%
ROCE (avg)
35.51%
ROE (avg)
19.84%
stock-recommendationValuation
Valuation Scorecard stock-summary
stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary
Factor
Value
P/E Ratio
56
Industry P/E
50
Price to Book Value
12.45
EV to EBIT
40.19
EV to EBITDA
36.32
EV to Capital Employed
18.28
EV to Sales
5.04
PEG Ratio
1.74
Dividend Yield
0.35%
ROCE (Latest)
45.49%
ROE (Latest)
22.25%
Loading Valuation Snapshot...
stock-recommendationTechnicals
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
Bearish
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Bullish
Bullish
OBV
Mildly Bearish
Mildly Bullish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend
Financial Trend Scorecard stock-summary
stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

13What is working for the Company
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.

PAT(Q)

Highest at Rs 772.77 cr.

EPS(Q)

Highest at Rs 51.33

-1What is not working for the Company
DEBTORS TURNOVER RATIO(HY)

Lowest at 7.68 times

Loading Valuation Snapshot...
Here's what is working for Polycab India
Net Sales - Quarterly
Highest at Rs 8,864.48 cr
in the last five quarters
MOJO Watch
Near term sales trend is positive

Net Sales (Rs Cr)

Net Sales - Quarterly
At Rs 8,864.48 cr has Grown at 31.3% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 6,751.28 Cr
MOJO Watch
Near term sales trend is positive

Net Sales (Rs Cr)

Operating Profit (PBDIT) - Quarterly
Highest at Rs 1,161.31 cr.
in the last five quarters
MOJO Watch
Near term Operating Profit trend is positive

Operating Profit (Rs Cr)

Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 988.87 cr.
in the last five quarters
MOJO Watch
Near term PBT trend is positive

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly
Highest at Rs 772.77 cr.
in the last five quarters
MOJO Watch
Near term PAT trend is positive

PAT (Rs Cr)

Earnings per Share (EPS) - Quarterly
Highest at Rs 51.33
in the last five quarters
MOJO 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 periods
MOJO Watch
Company's pace of settling its Debtors has slowed

Debtors Turnover Ratio