|
10 Sep 2025 |
Polycab
|
Consensus Share Price Target
|
7193.00 |
7563.23 |
- |
5.15 |
buy
|
|
|
|
|
03 Nov 2023
|
Polycab
|
Geojit BNP Paribas
|
7193.00
|
4473.00
|
5036.55
(42.82%)
|
Target met |
Sell
|
|
|
|
|
20 Oct 2023
|
Polycab
|
Axis Direct
|
7193.00
|
5509.00
|
5227.30
(37.60%)
|
Target met |
Hold
|
|
|
We expect Revenue/PAT CAGR of 22%/17% CAGR over FY23-25E with improvement in operating margins to 14.3% in FY25, backed by strong operating leverage. We have upgraded our multiple to 40 X of FY25 EPS of Rs. 138 factoring in strong demand and aggressive growth in the Real Estate sector.
|
|
19 Oct 2023
|
Polycab
|
BOB Capital Markets Ltd.
|
7193.00
|
6100.00
|
5297.00
(35.79%)
|
Target met |
Buy
|
|
|
Strong Q2 powered by 29% YoY growth in wires & cables business; FMEG set to improve gradually
|
|
19 Oct 2023
|
Polycab
|
ICICI Securities Limited
|
7193.00
|
5600.00
|
5338.75
(34.73%)
|
Target met |
Hold
|
|
|
Polycab posted strong Q2FY24 with revenue and PAT growth of 26.6% and 58.9% respectively, YoY. Cables & wires posted YoY revenue growth (volume led) of 28.9%. The FMEG segment posted modest 8.1% YoY growth despite decline in core fans and lights divisions.
|
|
19 Oct 2023
|
Polycab
|
Sharekhan
|
7193.00
|
6080.00
|
5227.30
(37.60%)
|
Target met |
Buy
|
|
|
|
|
19 Oct 2023
|
Polycab
|
Keynote Capitals Ltd
|
7193.00
|
4907.00
|
5297.00
(35.79%)
|
Target met |
Sell
|
|
|
Quarterly Update Q2FY24
|
|
24 Jul 2023
|
Polycab
|
Geojit BNP Paribas
|
7193.00
|
5147.00
|
4698.45
(53.09%)
|
Target met |
Accumulate
|
|
|
|
|
20 Jul 2023
|
Polycab
|
Axis Direct
|
7193.00
|
4876.00
|
4308.85
(66.94%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
19 Jul 2023
|
Polycab
|
BOB Capital Markets Ltd.
|
7193.00
|
5000.00
|
4308.85
(66.94%)
|
Target met |
Buy
|
|
|
Impressive Q1 fuelled by 47% YoY growth in wires & cables business; FMEG set to improve
|
|
19 Jul 2023
|
Polycab
|
Sharekhan
|
7193.00
|
4970.00
|
4308.85
(66.94%)
|
Target met |
Buy
|
|
|
|