NSE: POLYCAB | BSE: 542652

Turnaround Potential

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7364.00 13.00 (0.18%)

Near 52W High of ₹7714.00

35,384 NSE+BSE Volume

NSE 03 Oct, 2025 11:13 AM (IST)

110,851.8

Market Cap

Market Leader

1.1

Beta 1Year

High Volatility

Polycab India Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for POLYCAB, BSE:542652 Polycab India Ltd.

Polycab India Ltd.

25 Oct 2021

7364.00

0.18%

Q2FY22 Result Update - RM inflation & market share focus to drag margins - HOLD

Hold: Polycab India Ltd.

Recommendation Target

Prabhudas Lilladhar

Maintains high single digit FMEG margin guidance in 2 years; 10-12% by FY26 We cut our FY22 earnings by 13.4% given 1) RM volatility led margin pressure and 2) focus on topline growth and market share gains in the near term. However, thereafter, we expect margins to recover gradually and remain structurally positive on longer term prospects given 1) sustained increase in...

Number of FII/FPI investors increased from 669 to 714 in Jun 2025 qtr.

Polycab India Ltd.

25 Oct 2021

7364.00

0.18%

POLYCAB INDIA LTD - Q2 FY22 Result Update

Buy: Polycab India Ltd.

Target

LKP Securities

Polycab witnessed a strong recovery in demand across segments resulting in a topline growth of c.66% and 48% sequentially and YOY respectively. The company reported one of the highest quarterly revenues of 3,129 crs with wires & cables (w&c;) contributing around 84% followed by FMEG c.11%. The growth was on the back of increasing market share across segments and...

Polycab India Ltd. has gained 39.32% in the last 6 Months

Polycab India Ltd.

23 Jul 2021

7364.00

0.18%

Result Update:Polycab India

Hold: Polycab India Ltd.

Recommendation Target

Axis Direct

We have increased FY22E/FY23E revenue estimates by 3.4%/4%, respectively. We value Polycab at 25x FY23E EPS of Rs 80 to arrive at a target price of Rs 2000/share, which gives an upside of 5% from the CMP.

Number of FII/FPI investors increased from 669 to 714 in Jun 2025 qtr.

Polycab India Ltd.

09 Jun 2021

7364.00

0.18%

Result Update:Polycab India

Buy: Polycab India Ltd.

Target

Axis Direct

We have increased FY22E/FY23E revenue estimates by 3.8%/7.8% respectively. We value Polycab at 25x FY23E EPS of Rs 76 to arrive at a target price of Rs 1900/share, implying an upside of 10% from CMP.

Polycab India Ltd. has gained 39.32% in the last 6 Months

Polycab India Ltd.

07 Jun 2021

7364.00

0.18%

Polycab India

Buy: Polycab India Ltd.

Target

ICICI Securities Limited

Polycab has set a target to achieve | 20,000 crore revenues by FY26 (18% CAGR) through various strategic initiatives such as strengthening of its B2C product portfolio and maintaining leadership position in the B2B category. On the FMEG front, the company has set a target to expand dealers in top...

Polycab India Ltd. has gained 39.32% in the last 6 Months

Polycab India Ltd.

07 Jun 2021

7364.00

0.18%

POLYCAB INDIA LTD - ........Connection Zindagi Ka

Buy: Polycab India Ltd.

Target

LKP Securities

Polycab registered another strong quarter with revenues at 3,037 crs growing by 43% YoY and 9% QoQ with growth across business segments and improving share of B2C business. The company has met its guidance of delivering a much better second half with a strong growth. Even when the commodity market is on the rise resulting in higher raw material prices, Polycab has...

Number of FII/FPI investors increased from 669 to 714 in Jun 2025 qtr.

Polycab India Ltd.

26 Feb 2021

7364.00

0.18%

Polycab India Ltd

Buy: Polycab India Ltd.

Target

CD Equisearch

Polycab India Ltd. has gained 39.32% in the last 6 Months

Polycab India Ltd.

28 Jan 2021

7364.00

0.18%

Polycab India

Buy: Polycab India Ltd.

Target

ICICI Securities Limited

Cost rationalisation continues, expect margin to stay elevated While the company faced pressure in gross margin (down ~320 bps YoY), it witnessed savings in other costs, mainly due to various cost optimisation measures in 9MFY21. This helped maintain EBITDA margin at the same level (at ~13%) of Q3FY20. According to the management, Polycab would pass on inflationary pressure along with cost saving measures in coming...

Polycab India Ltd. has an average target of 7635.90 from 10 brokers.

Polycab India Ltd.

28 Jan 2021

7364.00

0.18%

Result Update:Polycab India

Buy: Polycab India Ltd.

Target

Axis Direct

We have marginally adjusted our estimates for FY21E/FY22E by 1.3%/(1.6%) and roll forward the valution to FY23 and arrive at a target price of Rs 1,342 (vs. Rs 1,015 earlier) valuing Polycab at 20X FY22E EPS of Rs 67.1. Maintain BUY.

Polycab India Ltd. has an average target of 7635.90 from 10 brokers.

Polycab India Ltd.

28 Jan 2021

7364.00

0.18%

Light House Update - A Quick Perspective - Polycab India Ltd. - 28 January 2021

Polycab India Ltd.

Way2Wealth

Festive sales, Distribution reach and market share gains drive Q3FY21 Revenues grew by 11.6% to `28bn driven by strong festive season demand, distribution expansion, a better product mix (rising share of B2C) and pricing actions.Wires & Cables (W&C;) sales was +5.6% YoY to `22.7bn driven by strong traction in wires, exports and improving consumer sentiment. Construction activities are slowly picking up, distribution channels saw healthy double-digit growth however, institutional business continues to face headwinds. Domestic wires grew faster than cables, especially housing...

Polycab India Ltd. is trading above all available SMAs

VOTE: Is Polycab India Ltd. worth buying?

388 Votes:

Buy 76.29%

Sell 12.37%

Hold 11.34%

RESEARCH REPORTS

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