Polycab India Ltd.
POLYCAB · NSE · Industrials
With a 20% margin of safety, our buy-below price is ₹4,240.54.
Piotroski F-score 4/9 — quality of earnings & balance sheet.
Investability checklist
- ✓ROE above 15%24.6%
- ✓Low debt (D/E < 0.5)0.03x
- ✓Positive free cash flow
- ✓Revenue growth > 10%27%
- ✓Earnings growing8%
- ✕Net margin ≥ 10%9.3%
- ✓Current ratio > 1.51.84
- ✕Below our fair value
- ✕Margin of safety ≥ 20%
- ✓Above 200-day average
- ✓Above 50-day average
- –Positive 1-year return
- ✓Altman Z in safe zoneZ 12.88
- ✕Piotroski ≥ 74/9
1-year price
EOD · 2026-06-15Our scores
Key fundamentals
SWOT snapshot
Strengths
- •Strong return on equity (24.6%).
- •Lightly leveraged balance sheet.
- •Trading near its 52-week high.
- •Financially solid — Altman Z 12.88.
Opportunities
- •Revenue growing (27% YoY).
Threats
- •Trades ~45% above our estimated fair value.
About Polycab India Ltd.
Polycab India Limited manufactures and sells wires and cables under the POLYCAB brand in India and internationally. The company operates through three segments: Wires and Cables; Fast Moving Electrical Goods (FMEG); and Engineering, Procurement and Construction (EPC). The Wires and Cables segment provides wires, such as PolycabSuprema house wires, PolycabMaxima+ Green wire, PolycabPrimma house wires, ETIRA house wires, PolycabOptima+, GREENWIRE 180m, and POLYCAB LF FR 180m; a
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Our verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.