1. Polycab India
Polycab India Share Price

Polycab India Share Price

NSE: POLYCAB | BSE: 542652

77% Buy

₹5,981.00

-₹26.50 (-0.44%) Last updated on 14 May, 2025 | 15:54 IST
Market cap
Market Cap Switch₹90,369 Crs
Open
₹6,008.00
Prev. Close
₹6,007.50
Circuit range
₹6,608.00 - ₹5,407.00
Day range
₹5,911.50 - ₹6,035.00
Year range
₹4,555.00 - ₹7,605.00
Volume
2,72,460
Avg. traded
₹5,968.55
Revenue (12m)
₹22,408 Crs

About Polycab India

Polycab India Ltd is the country’s largest integrated manufacturer of wires and cables, and a prominent player in the fast-moving electrical goods (FMEG) industry.

The company’s 25 manufacturing facilities span five strategic locations in India -- Gujarat, Maharashtra, Uttarakhand, Tamil Nadu and the Union Territory of Daman. The company has also built a network of over 4,300 authorised distributors that have established presence through more than 2 lakh retail outlets across the country.

Polycab’s journey began in 1964 when Thakurdas Jaisinghani established Sind Electric Stores that dealt in various electrical products. The family business was managed from 1968 by his sons Girdhari, Inder, Ajay and Ramesh.

In 1975, the family founded a partnership firm in the name of Thakur Industries. In 1983, a firm named Polycab Industries was founded by Jaisinghani brothers and was registered as a small-scale industrial unit. They had a factory at Halol, Gujarat, for manufacturing PVC insulated wires, cables copper and aluminium and bare copper wires.

In 1996, it was incorporated as Polycab Wires Pvt. Ltd at Mumbai as a private limited company. In 2018, the company was converted into a public limited company and the word private was struck off from its name.

In 2019, Polycab India Ltd listed on NSE and BSE after a successful ₹1,345 crore initial public offering (IPO) being subscribed 52 times. Polycab share price has surged over 428% in the last three years. The company's market capitalisation stood at over ₹82,500 crore as of December 20, 2023.

Business segments

Polycab India operates in two major segments -- wires and cables (which contributed 89% to external sales in FY23) and fast moving electrical goods (contributed 9% to FY23 sales). Besides that, the company operates some other international businesses in the same space.

Wires and Cables (W&C):

Polycab is India’s dominant manufacturer and seller of a varied range of wires and cables for retail and industrial use, catering to a diverse customer base across a wide range of industries.

FMEG:

The company’s FMEG business, which began in 2013-14, is a high-growth segment. It features a growing product mix across different price points that caters to the complete spectrum of customers. The company is present in segments such as fans, lighting luminaires, switches, switchgears, water heaters, pipes and agro pumps.

International Business:

Polycab’s international business delivers superior electrical products and solutions, tailored to meet the ever-changing demands of its customers.

Financial highlights

Polycab achieved double-digit growth in both revenue and profitability in 2022-23. The strong performance was primarily driven by robust volume growth in its wires and cables business. In FY23, the company achieved a 16% increase in revenue to ₹14,107.8 crore. The company’s PAT increased 27% to reach ₹1,282.3 crore during the year. PAT margin rose by around 220 bps to reach 9.1% in FY23. Favourable business mix translated into an EBITDA margin of 13% for FY23. Polycab declared a dividend of ₹20 per share in FY23, representing a payout ratio of 23.5%.

Polycab India Share Price Chart

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Polycab India Key Indicators

P/E ratio
44.88
P/B ratio
9.63
ROE
24.16%
ROCE
32.8%
Dividend yield
0.54%
Debt/Equity ratio
EPS
117.79

Investment Checklist: (4/6)

not passed

Equity returns

not passed

Dividend returns

passed

Safety factor

passed

Growth factor

passed

Debt vs Equity

passed

Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst Ratings:

Buy

Buy

77%

Hold

11%

Sell

12%

This analysis is based on the reviews of 26 experts in the last 7 days

Polycab India Financial Ratios

  • Profitability

  • Operational

  • Valuation

Operating profit margin

14.72%

Net profit margin

9.8%

ROE

24.16%

ROA

16.87%

ROCE

32.8%

Polycab India Shareholder returns

1 day
+0.25%
1 week
+1.72%
1 month
+17.95%
3 months
+8.22%
1 year
-6.58%
3 years
+136.45%
5 years
+756.07%

Revenue Statement

All values are in ₹ Crores (Cr)
RevenueNo Sort
Operating ProfitNo Sort
Net ProfitNo Sort
Mar-24
18,039.44
2,712.68
1,802.92
Mar-23
14,107.78
1,985.44
1,283.09
Mar-22
12,203.76
1,355.12
845.23
Mar-21
8,792.23
1,230.43
841.81

Cash Flow

All values are in ₹ Crores (Cr)
OperatingNo Sort
InvestingNo Sort
FinancingNo Sort
Mar-24
1,296.24
-751.88
-387.41
Mar-23
1,427.52
-1,202.65
-227.07
Mar-22
511.61
-426.95
-200.69
Mar-21
1,252.42
-1,012.09
-174.77

Balance Sheet

All values are in ₹ Crores (Cr)
Total AssetNo Sort
Total LiabilityNo Sort
Mar-24
12,066.02
3,822.67
Mar-23
9,424.13
2,749.55
Mar-22
7,411.90
1,843.09
Mar-21
7,014.70
2,241.93

Polycab India Share Price History

DayOpenCloseChange %
14-May-25
₹6,008.00
₹5,981.00
-0.44%
13-May-25
₹5,992.50
₹6,007.50
+0.25%
12-May-25
₹5,964.50
₹5,992.50
+3.92%
09-May-25
₹5,600.00
₹5,766.50
+0.03%
08-May-25
₹5,938.00
₹5,765.00
-2.06%
07-May-25
₹5,899.50
₹5,886.50
-0.33%
06-May-25
₹5,829.50
₹5,906.00
+1.92%
05-May-25
₹5,535.50
₹5,795.00
+6.04%

Polycab India Shareholding Pattern

Promoters (63.04%)

Mutual Funds (8.28%)

Retail and other (14.91%)

Foreign institutions-FII (11.11%)

Other domestic institutions (2.65%)

Promoters

Events

Corporate Actions

  • Dividend • ₹30/share

    Ex date 09 Jul 2024

    expand tab
  • Dividend • ₹20/share

    Ex date 21 Jun 2023

    expand tab

More

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FAQs on Polycab India

What is the share price of Polycab India today?

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Polycab India share price is ₹ 5,981.00 as on May 15, 2025 | 00:11 IST.

What are the high & low share price of Polycab India today?

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Polycab India share price hit a high of ₹ 6,035.00 and low of ₹ 5,911.50 as on May 15, 2025 | 00:11 IST.

What are the the 52-week high and low share prices of Polycab India share on the NSE?

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52-week high share Price of Polycab India is ₹ 7,605.00 and Low Price is ₹ 4,555.00 as on May 15, 2025 | 00:11 IST.

What is the stock symbol of Polycab India?

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The stock symbol of Polycab India is POLYCAB.

Can I buy Polycab India shares on Holidays?

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No, shares of Polycab India or any other publicly traded company cannot be bought or sold on holidays when the stock exchanges are closed. You can only buy or sell Polycab India shares on days when the stock exchanges are open for trading. It's important to check the NSE & BSE holidays calendar, before placing any trades to avoid any inconvenience.