₹7795.0
-0.56% today
· 30d -5.4%
as of 2026-11-09
Price · Daily Candles
“Polycab's wires sizzle with 39% revenue growth, yet FIIs dial back slightly amid neutral technicals.”
Polycab India reported robust Q1 2027 performance with revenue surging 39.01% YoY to ₹8210 Cr and net profit up 32.84% to ₹797 Cr. The company maintains a strong ROE of 21.0% and ROCE of 34.0%, indicating efficient capital deployment. Despite a healthy 3-year revenue CAGR of 26.58% and an intrinsic value suggesting a 35.8% margin of safety, FII holdings saw a minor decrease of 0.79% QoQ.
BULL CASE
+Q1 2027 revenue jumped 39.01% YoY to ₹8210 Cr, driven by strong demand.
+Net profit in Q1 2027 grew 32.84% YoY to ₹797 Cr, demonstrating robust profitability.
+The company's ROCE stands at an impressive 34.0% with a 3-year net profit CAGR of 28.69%.
+ML predictions indicate strong sales growth, with a 'sales_1y_recent_2y' rank of 0.97.
+Intrinsic value analysis suggests a 35.8% margin of safety, with an intrinsic value per share of ₹12620.12 against a current price of ₹9290.0.
BEAR CASE
−FII shareholding decreased by 0.79% QoQ, from 19.79% to 19.0% as of June 2026.
−Operating profit margin (OPM) saw a slight decrease of -0.74 percentage points YoY in Q1 2027, despite higher sales.
−The stock is trading at a PE of 48.51, higher than sector peer Havells at 47.56.
−RSI(14) and MACD signals are 'neutral' and 'weak' to 'moderate' respectively, indicating no immediate strong momentum.
⟳ What Changed
₹ Latest Earnings · Q ending 2026-09-30
REVENUE
₹9899 Cr
+52.83% YoY
NET PROFIT
₹990 Cr
+42.87% YoY
OPM
15.13%
-1.22pp YoY
EPS
₹64.87
PE 48.51
Intrinsic value · DCF ₹8523.25 · Margin of safety +9.3% (fair) · FCF yield 1.99%
◇ Sector Position
Polycab's PE of 48.51 is below high-flyers like POWERINDIA (145.71) and CGPOWER (114.89) but above Havells (47.56), while its ROCE of 34.0% is competitive, matching APARINDS (34.1%) and significantly above KEI (18.05%).
PEERPEROCE %
POLYCAB48.5134.0
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ML Forward Growth Predictions 🔒
67
SCORE / 100
Overall
6-axis composite of the sections below.
Performance
POSITIVE
55
Valuation
FAIR
40
Growth
STRONG
90
Profitability
HIGH
88
Technicals
WEAK
40
Risk
LOW
90
Key Stats
TTM PE
48.51
P/B
11.47
52W HIGH
₹10126.0
OFF HIGH
-23.02%
DIV YIELD
0.5%
MKT CAP
₹117153 Cr
◉ Active Signals
MACDNeutral29.5124
RSI(14)Neutral43.64
Street Consensus
31 analysts₹10001.81
mean target
Low ₹6490.0Now ₹7795.0High ₹11900.0
⧉ Strategy Fit 🔒