Want to know the Polycab India Share Price Targets for the years 2025, 2026, 2027, 2028, 2029, and 2030? You are in the right place. Here, you will get the complete information regarding all your queries.
Polycab India Company Overview
Polycab India Limited, founded in 1996 and headquartered in Mumbai, is a leading electrical equipment manufacturing industry player. Specializing in wires, cables and fast-moving electrical goods (FMEG), the company has established a strong presence in the market. Led by Chairman Inder T. Jaisinghani, Polycab is publicly listed on NSE and BSE.
Polycab India Fundamental Analysis
- Market Cap: ₹70,358 Crores
- ROE: 24.16%
- ROCE: 32.80%
- P/E Ratio: 40.68
- P/B Ratio: 7.83
- Div. Yield: 0.63%
- Book Value: ₹597.62
- Face Value: ₹10
- EPS (TTM): ₹114.97
- 52-Week High: ₹7,605
- 52-Week Low: ₹4,635.05
Polycab India has a strong market presence, with a market capitalization of ₹70,358 crore. The company exhibits solid profitability with a return on equity (ROE) of 24.16% and a return on capital employed (ROCE) of 32.80%.
Its P/E ratio of 40.68 suggests premium valuation, while its P/B ratio of 7.83 reflects strong asset value. The company has a book value of ₹597.62 per share and earnings per share (EPS) of ₹114.97.
Despite a dividend yield of 0.63%, Polycab remains a growth-driven stock. In the last year, it has traded between a 52-week high of ₹7,605 and a 52-week low of ₹4,635.05.
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Polycab India Financials
Income Statement
Polycab India reported a revenue of ₹180.39 billion, up 27.87% on the back of strong demand. Operating expenses rose 28.38% to ₹24.83 billion, but net income grew 40.39% to ₹17.84 billion, reflecting improved profitability.
The net profit margin is 9.89%, up slightly from last year. Earnings per share (EPS) grew 40.04% to ₹118.49, while EBITDA grew 34.43% to ₹24.71 billion. The effective tax rate stood at 23.58%, reflecting a stable tax structure.
Balance Sheet
Polycab has ₹22.24 billion in cash and short-term investments, showing a growth of 8.78%. Total assets grew by 28.15% to ₹120.79 billion, while total liabilities grew by 39.43% to ₹38.36 billion. The company has a strong total equity of ₹82.43 billion, and outstanding shares are 150.24 million.
The price-to-book ratio is 10.58, indicating premium valuation, while the return on assets (ROA) is 13.06%, and the return on capital (ROC) is 18.33%, indicating efficient capital utilization.
Cash Flow
Net income grew 40.39% to ₹17.84 billion, but cash flow from operations fell 9.20% to ₹12.96 billion. Investing cash flow stood at -₹7.52 billion, up 37.48%, reflecting capital expansion.
Cash flow from financing fell 70.61% to -₹3.87 billion, indicating lower debt or payables. Despite this, the net change in cash increased by 7,243.83% to ₹1.57 billion, while free cash flow fell 81.34% to ₹1.22 billion, reflecting higher reinvestment in growth.
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Polycab India Share Price Target 2025
Polycab India’s stock is expected to reach ₹6,200 in the beginning months of the year, ₹6,400 in the middle months, and ₹6,620 by the end of the year 2025.
| Year 2026 | Target Price |
|---|---|
| Beginning | ₹6,200 |
| Middle | ₹6,400 |
| End | ₹6,620 |
Polycab India Share Price Target 2026
Polycab India’s stock is expected to reach ₹6,700 in the beginning months of the year, ₹7,100 in the middle months, and ₹7,450 by the end of the year 2026.
| Year 2027 | Target Price |
|---|---|
| Beginning | ₹6,700 |
| Middle | ₹7,100 |
| End | ₹7,450 |
Polycab India Share Price Target 2027
Polycab India’s stock is expected to reach ₹7,500 in the beginning months of the year, ₹7,800 in the middle months, and ₹8,000 by the end of the year 2027.
| Year 2025 | Target Price |
|---|---|
| Beginning | ₹7,500 |
| Middle | ₹7,800 |
| End | ₹8,000 |
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Polycab India Share Price Target 2028
Polycab India’s stock is expected to reach ₹8,100 in the beginning months of the year, ₹8,500 in the middle months, and ₹8,980 by the end of the year 2028.
| Year 2028 | Target Price |
|---|---|
| Beginning | ₹8,100 |
| Middle | ₹8,500 |
| End | ₹8,980 |
Polycab India Share Price Target 2029
Polycab India’s stock is expected to reach ₹9,000 in the beginning months of the year, ₹9,600 in the middle months, and ₹10,100 by the end of the year 2029.
| Year 2029 | Target Price |
|---|---|
| Beginning | ₹9,000 |
| Middle | ₹9,600 |
| End | ₹10,100 |
Polycab India Share Price Target 2030
Polycab India’s stock is expected to reach ₹10,200 in the beginning months of the year, ₹10,900 in the middle months, and ₹11,600 by the end of the year 2030.
| Year 2030 | Target Price |
|---|---|
| Beginning | ₹10,200 |
| Middle | ₹10,900 |
| End | ₹11,600 |
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Polycab India Share Price Target & Forecast 2025 to 2030
| Year | Target Price |
|---|---|
| Polycab India Share Price Target 2025 | ₹6,620 |
| Polycab India Share Price Target 2026 | ₹7,450 |
| Polycab India Share Price Target 2027 | ₹8,000 |
| Polycab India Share Price Target 2028 | ₹8,980 |
| Polycab India Share Price Target 2029 | ₹10,100 |
| Polycab India Share Price Target 2030 | ₹11,600 |
Polycab India Shareholding Pattern
- Retail & Other: 13.53%
- Promoters: 63.05%
- Foreign Institution: 12.76%
- Mutual Funds: 8.67%
- Other Domestic Institution: 2.00%
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Polycab India Key Competitors
- Finolex Cables
- KEI Industries
- Paramount Communications
- Universal Cables
- Dynamic Cables
- Cords Cable Industries
- RR Kabel
Polycab India Share Price Target FAQs
-
Is Polycab a good share to buy?
Yes, Polycab is a good share to buy.
-
Is Polycab India debt-free?
Yes, Polycab India is almost debt-free.
-
Is Polycab a multibagger?
Yes, we can say Polycab is a multibagger.
-
Is Polycab overvalued?
Yes, Polycab is overvalued.
Disclaimer: The information in this article is for educational purposes only, and the targets mentioned in it are given as suggestions by market analysts. Therefore, before investing your money in any company, it is mandatory to get complete information about the company and consult your financial advisor.
