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Electrical Equipment & Cables · Electrical Products · NSE: POLYCAB · data 2026-11-01

Polycab India Ltd.

₹7,787+0.54% on 30 OctHealth: Strong 7.2/10
Feb 2026Low ₹6,795 · High ₹10,083+2.1%

In plain words

Price: 23.1% below its 52-week high of ₹10,126.

Delivery: 52.9% of traded shares were kept for delivery over the last 10 sessions, against 52.1% over the last 60.

Latest results: a net profit of ₹977 cr for the quarter ended Sept 2026 (+42.6% on the same quarter a year earlier).

A description of the data, not a recommendation.

Open full analysis — chart, results, balance sheet, red flags →

Key figures

Price
₹7,787
Market cap
₹1,17,551 cr
P/E
37.2
P/B
9
ROE
24.5%
ROCE
32.3%
Debt / equity
0.37
Dividend yield
0.60%
1-year return
0.7%
52-week high
₹10,126
52-week low
₹6,663
Operating margin
12.6%

Growth

Revenue (last 12 months)₹34,548 cr
Net profit (last 12 months)₹3,156 cr
Sales growth, 3 years (yearly)27.0%
Profit growth, 3 years (yearly)28.1%

At a glance

Ownership
Moderate

Promoters 61.4% (-0.1 pts in a year), pledged 0.0%, institutions 26.0%.

Valuation
Moderate

P/E 37.2, P/B 9.0, dividend yield 0.6%. Price relative to earnings and book value (low is cheaper, not better).

Efficiency
Strong

ROE 24.5%, ROCE 32.3%, operating margin 12.6%: how much profit it earns on the money it uses.

Financials
Strong

Debt/equity 0.37, Profit growth 28.1% and sales growth 27.0% a year over 3 years.

Ratings use fixed thresholds on the latest reported figures. They describe the numbers and are not a recommendation.

Strengths and limitations

Strengths
  • High return on equity (24.5%).
  • Profit grew 28.1% a year over 3 years.
Limitations

None flagged by these rules.

Picked automatically from the latest reported figures with fixed rules; check the company's filings before relying on them.

Latest results in brief (Q2 FY27)

POLYCAB Q2 FY27 results (consolidated figures, as filed on NSE).

Revenue was ₹9,898.9 crore, up 52.8% YoY and up 20.6% QoQ.

Net profit was ₹977.37 crore, up 42.6% YoY and up 24.6% QoQ.

Operating margin was 14.4% (15.8% a year ago).

EPS was ₹64.87, up 42.4% YoY and up 24.5% QoQ.

POLYCAB के Q2 FY27 नतीजे (कंसोलिडेटेड आंकड़े, NSE पर दाखिल)।

राजस्व: ₹9,898.9 करोड़; पिछले साल की तुलना में 52.8% की बढ़त, पिछली तिमाही की तुलना में 20.6% की बढ़त।

शुद्ध मुनाफ़ा: ₹977.37 करोड़; पिछले साल की तुलना में 42.6% की बढ़त, पिछली तिमाही की तुलना में 24.6% की बढ़त।

ऑपरेटिंग मार्जिन: 14.4% (एक साल पहले 15.8%)।

EPS: ₹64.87; पिछले साल की तुलना में 42.4% की बढ़त, पिछली तिमाही की तुलना में 24.5% की बढ़त।

POLYCABના Q2 FY27 પરિણામો (કન્સોલિડેટેડ આંકડા, NSE પર ફાઇલ કરેલા).

આવક (રેવન્યુ): ₹9,898.9 કરોડ; ગયા વર્ષની સરખામણીએ 52.8% વધારો, ગયા ક્વાર્ટરની સરખામણીએ 20.6% વધારો.

ચોખ્ખો નફો: ₹977.37 કરોડ; ગયા વર્ષની સરખામણીએ 42.6% વધારો, ગયા ક્વાર્ટરની સરખામણીએ 24.6% વધારો.

ઓપરેટિંગ માર્જિન: 14.4% (એક વર્ષ પહેલાં 15.8%).

EPS: ₹64.87; ગયા વર્ષની સરખામણીએ 42.4% વધારો, ગયા ક્વાર્ટરની સરખામણીએ 24.5% વધારો.

Written from the filed numbers. Not a recommendation.

Smart-money activity

21/100 · Weak over the last ~60 sessions, data 2026-10-30

A description of recorded activity (delivery, deals, insider buys, fund holding, pledges), not a recommendation. Today's most active stocks.

Story so far

2026-10-15: Q2 FY27 results: profit +42.6% YoY2026-07-16: Q1 FY27 results: profit +32.5% YoY2026-06-19: Dividend ₹47 (ex-date)2026-05-06: Q4 FY26 results: profit +6.3% YoY

● Results   ● Dividend

From official exchange filings and NSE data. How the price moved after an event describes the past, not what comes next.

Quarterly results (consolidated)

QuarterRevenueNet profitProfit YoYOp. marginEPS ₹
Sept 2026₹9,899 cr₹977 cr+42.6%14.4%64.87
Jun 2026₹8,210 cr₹784 cr+32.5%13.8%52.09
Mar 2026₹8,864 cr₹773 cr+6.3%13.1%52.18
Dec 2025₹7,636 cr₹622 cr+35.9%12.7%41.3

Shareholding trend

HolderSept 2026Jun 2026Mar 2026Dec 2025
Promoters61.44%61.46%61.50%61.50%
Foreign institutions (FII)18.06%19.00%18.21%14.82%
Domestic institutions (DII)7.90%7.62%7.96%11.13%
Mutual funds5.21%4.77%5.23%8.18%
Retail investors6.24%5.74%6.12%6.38%
Number of shareholders3,85,4133,56,7773,62,9973,62,580

Common questions

What was Polycab India Ltd.'s latest quarterly profit?

Polycab India Ltd. reported a net profit of ₹977 cr for the quarter ended Sept 2026 (+42.6% on the same quarter a year earlier), on revenue of ₹9,899 cr.

How much do promoters hold in Polycab India Ltd.?

Promoters held 61.44% of Polycab India Ltd. at the end of Sept 2026, with 0.00% of promoter shares pledged.

Is Polycab India Ltd. debt-free?

Its latest reported debt-to-equity ratio is 0.37.

What is Polycab India Ltd.'s P/E ratio?

About 37.2, based on the last 12 months' earnings and a price of ₹7,787 (data 2026-11-01).

What is the 52-week high and low of Polycab India Ltd.?

The 52-week high is ₹10,126 and the 52-week low is ₹6,663.

Mutual funds holding Polycab India Ltd.

From the monthly portfolios of the fund houses the site reads, as of 2026-09-30. 22 schemes holding about ₹413 cr; funds that hold it outside their top holdings may not be listed.

SchemeFund house% of fundValue
NIPPON INDIA ETF NIFTY NEXT 50 JUNIOR BEESNippon India Mutual Fund1.76%₹152 cr
SBI Nifty Next 50 ETFSBI Mutual Fund1.76%₹51 cr
ADITYA BIRLA SUN LIFE QUANT FUNDAditya Birla Sun Life Mutual Fund2.46%₹46 cr
SBI Nifty Next 50 Index FundSBI Mutual Fund1.77%₹41 cr
Nippon India Nifty 500 Momentum 50 Index FundNippon India Mutual Fund2.34%₹30 cr
Mirae Asset Nifty Next 50 ETFMirae Asset Mutual Fund1.76%₹25 cr
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETFMirae Asset Mutual Fund2.47%₹12 cr
SBI Nifty200 Quality 30 Index FundSBI Mutual Fund2.30%₹7 cr
Mirae Asset Nifty 200 Alpha 30 ETFMirae Asset Mutual Fund1.62%₹6 cr
ADITYA BIRLA SUN LIFE NIFTY NEXT 50 INDEX FUNDAditya Birla Sun Life Mutual Fund1.76%₹5 cr
SBI Nifty Midcap 150 Momentum 50 ETFSBI Mutual Fund3.03%₹4 cr
SBI Nifty200 Momentum 30 Index FundSBI Mutual Fund2.48%₹3 cr
Mirae Asset Nifty India Manufacturing ETFMirae Asset Mutual Fund1.03%₹3 cr
SBI NIFTY 200 Quality 30 ETFSBI Mutual Fund2.30%₹2 cr
ADITYA BIRLA SUN LIFE NIFTY 200 MOMENTUM 30 ETFAditya Birla Sun Life Mutual Fund2.48%₹1 cr

Compared with similar companies

CompanyPriceMarket capP/EP/BROEROCEDebt/eq.1-yr return
Polycab India Ltd.₹7,787₹1,17,551 cr37.2924.5%32.3%0.37+0.7%
ABB India Limited₹6,413₹1,35,685 cr45.514.622.4%26.1%0.01+21.1%
Bharat Heavy Electricals Limited₹387.6₹1,34,878 cr46.956.3%3%0.31+52.6%
CG Power & Industrial Solutions Ltd₹804₹1,26,660 cr92.114.520.4%22.7%0.01+6.6%
Siemens Limited₹3,303₹1,16,986 cr35.9—10.4%9.6%0.02+4.4%
GE Vernova T&D India Limited₹4,020₹1,02,969 cr71.631.255.3%73.9%0.01+30.6%

Compare POLYCAB with ABB in detail →

The full analysis has the price chart, every quarterly result with YoY/QoQ growth, the balance sheet and cash flow with an accounting red-flag check, shareholding quarter by quarter with big investors, news, filings and bulk/block deals.

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