Polycab India Ltd.
NSE: POLYCABPolycab India Ltd.: A 30-second snapshot
Polycab trades at Rs 9,218, up 33.73% over the past year but 8.97% below its 52-week high and currently below its 50-day SMA (Rs 9,399.16) while still above its 200-day SMA (Rs 8,153.67). ROE stands at 25.55% with 4 of the last 5 years above 15%, alongside a near debt-free balance sheet (debt-to-equity of approximately 0.017x). The stock's PE of 48.54x (forward 36.32x) follows a Q1 FY27 print that beat earnings estimates and showed 39% revenue growth, though shares fell in the sessions immediately after the results.
P/E
48.5
Forward P/E
36.3
ROE
+25.6%
Debt / Equity
1.74
Profit Margin
+9.2%
Div. Yield
+0.5%
5Y ROE > 15%
4/5
5Y FCF > 0
4/5
Quality
74/100
News
8 headlines · 4 positive · 2 negative
Earnings Beat: Polycab India Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models - simplywall.st
simplywall.st
Polycab India posts 39% revenue growth in Q1 FY27 - Manufacturing Today India
Manufacturing Today India
Polycab India extends fall, down 5% in two days post Q1 results - Business Standard
Business Standard
Polycab stock falls 4% today despite Q1 earnings beat; Jefferies, HSBC retain Buy calls - Moneycontrol.com
Moneycontrol.com
Polycab sees 39 per cent growth in wire & cable business in Q1FY27 - T&D India
T&D India
Recent context
- ·Q1 FY27 results announced in mid-July showed 39% YoY revenue growth in the wire & cable business and an earnings beat versus analyst forecasts, per Manufacturing Today India and simplywall.st.
- ·Shares fell about 4-5% over the two trading sessions after the results, per Business Standard and Moneycontrol coverage.
- ·Following the post-results decline, Moneycontrol reported that Jefferies and HSBC each retained their 'Buy' calls on the stock.
Strengths
- +ROE of 25.55% with 4 of the last 5 years above 15%, and positive free cash flow in 4 of 5 years (consistency score 83).
- +Near debt-free balance sheet, with debt-to-equity of approximately 0.017x.
- +Q1 FY27 revenue grew 39% YoY in the wire & cable business, with an earnings beat versus analyst estimates.
- +Ranks 1st of 6 tracked Infrastructure peers on both ROE and quality score; mean analyst rating of 1.87 across 31 analysts (1-5 scale, lower = more constructive).
Weaknesses
- −Profit margin of 9.18% is thin relative to the 25.55% ROE, meaning the return is driven more by asset turnover than by margin.
- −Price is below its 50-day SMA (Rs 9,399.16), 3-month momentum (+4.21%) trails the 1-year change (+33.73%), and the stock sits 8.97% below its 52-week high.
- −Shares fell roughly 4-5% over the two sessions following the mid-July Q1 FY27 results despite the revenue growth and earnings beat.
- −Peer comparison data for the Infrastructure set is incomplete (1-year price change missing for all 5 peers; ROE missing for 3 of 5), limiting how much weight the PE/ROE/quality rankings can carry.
Open questions
- ?What is driving the gap between the Q1 FY27 earnings beat and 39% revenue growth on one hand, and the stock's roughly 4-5% decline in the sessions that followed on the other?
- ?The multi-year data records a 'rising' debt trend even though the absolute debt-to-equity level remains minimal (approximately 0.017x) — what would need to change for that trend to become materially relevant?
- ?How persistent is the current deceleration in 3-month price momentum (+4.21%) relative to the stronger 1-year trend (+33.73%)?
- ?With 1-year price-change and ROE data missing for most of the tracked Infrastructure peers, how would the PE, ROE and quality-score rankings look against a fuller comparison set?
Peer comparison: Infrastructure
Ranks 1 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| POLYCAB | Polycab India Ltd.You're viewing | 48.5 | +25.6% | 55 |
| Industry avg | across 5 peers | 71.7 | +19.1% | 45 |
| ABB | ABB India Ltd. | 102.0 | +19.1% | 53 |
| BEL | Bharat Electronics Ltd. | 47.9 | — | 50 |
| CUMMINSIND | Cummins India Ltd. | 63.7 | — | 50 |
| CGPOWER | CG Power and Industrial Solutions Ltd. | 111.1 | — | 38 |
| LT | Larsen & Toubro Ltd. | 33.7 | — | 35 |
Technical state
Current price
₹9,218.00
SMA 50
₹9,399.16
SMA 200
₹8,153.67
RSI (14)
50.8 (neutral)
From 52w high
-9.0%
1Y return
+33.7%
3M return
+4.2%
50-DMA
Below
200-DMA
Above
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- lowTrailing profit margin of 9.18% is thin relative to ROE of 25.55%; debt-to-equity of approximately 0.017x reflects a near debt-free balance sheet, so the elevated ROE is driven primarily by asset turnover rather than financial leverage.
- lowPrice (Rs 9,218) sits below the 50-day SMA (Rs 9,399.16) though still above the 200-day SMA (Rs 8,153.67); 3-month price change (+4.21%) trails the 1-year change (+33.73%), pointing to a deceleration in near-term momentum without a break of the longer-term uptrend. Nearest support (Rs 9,001) is about 2.4% below the current price, and the stock is 8.97% below its 52-week high.
- lowPeer comparison data within the tracked Infrastructure set is incomplete: 1-year price change is missing for all 5 peers and ROE is missing for 3 of 5, which limits confidence in the resulting PE (3rd of 6), ROE (1st of 6) and quality-score (1st of 6) rankings.
Cross-section contradictions
- Q1 FY27 results reported in mid-July showed 39% YoY revenue growth and an earnings beat, and news sentiment over the period was net-positive (4 positive vs 2 negative of 8 items), yet shares fell roughly 4-5% over the two sessions immediately following the print and remain below the 50-day SMA.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 11 Aug 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 9 Aug 2026 · rotates through NIFTY 500 every ~5 days