Polycab India Limited
Quality (69/100) does the heavy lifting; momentum (19/100) is the drag.
Fair valueOur blended model reads Polycab India Limited as a Hold at 56/100. We put fair value near ₹9,300.6; at ₹8,241 that leaves roughly 13% upside, so the stock screens fairly valued. On 54.9x trailing earnings it sits roughly in line with the Capital Goods median of about 54.6x. The price is about 18% below its 52-week high of ₹10,083 and 23% above the low of ₹6,690.26. Financial health scores 100/100, in the safe band on the Altman Z-score, with a Piotroski F-score of 4/9. The average analyst target of ₹9,517.39 implies about 15% upside across 31 analysts. It clears 8 of 13 investability checks, with durability 69, valuation 52 and momentum 19 on our 0–100 scales.
Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.
With a 20% margin of safety, our buy-below price is ₹7,440.48.
Analyst views
1-year price
EOD · 2026-09-1452-week range
-18.27% from the 52-week high.
Price above both moving averages reads as an intact uptrend; below both, the trend is against you.
Verdict pillars
Hold56Piotroski F-score 4/9 — quality of earnings & balance sheet.
Our scores
Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.
Investability checklist
- Pass: ROE above 15%: 24.6%
- Pass: Low debt (D/E < 0.5): 0.03x
- Pass: Positive free cash flow
- Pass: Revenue growth > 10%: 27%
- Pass: Earnings growing: 8%
- Fail: Net margin ≥ 10%: 9.3%
- Pass: Current ratio > 1.5: 1.84
- Pass: Below our fair value
- Fail: Margin of safety ≥ 20%
- Fail: Above 200-day average
- Fail: Above 50-day average
- No data: Positive 1-year return
- Pass: Altman Z in safe zone: Z 13.03
- Fail: Piotroski ≥ 7: 4/9
Quarterly results
Annual financials
Shareholding
- Promoter64.7%
- Institutions18.8%
- Public & other16.5%
Promoter holding via insider stake; institutional via reported holdings.
Key fundamentals
Bull case vs bear case
Bull case
Strengths
- Strong return on equity (24.6%).
- Lightly leveraged balance sheet.
- Financially solid — Altman Z 13.03.
Opportunities
- Revenue growing (27% YoY).
Bear case
Weaknesses
- Price below its 200-day moving average (downtrend).
About Polycab India Limited
Polycab India Limited manufactures and sells wires and cables under the POLYCAB brand for domestic and international markets across three operating segments: Wires and Cables, Fast Moving Electrical Goods, and Engineering, Procurement and Construction. The Wires and Cables segment produces various house wires and cables including PolycabSuprema, PolycabMaxima+ Green, PolycabPrimma, ETIRA, PolycabOptima+, GREENWIRE 180m, and POLYCAB LF FR 180m.
Polycab India Limited — frequently asked questions
Is Polycab India Limited a buy, hold or sell?
StocksWizard currently rates Polycab India Limited (POLYCAB) a Hold, based on a blended score of 56/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.
What is Polycab India Limited's fair value?
Our blended DCF and relative-valuation model estimates Polycab India Limited's fair value at about ₹9,300.6, versus a current price of ₹8,241 — roughly 13% upside. On that basis the stock looks fairly valued.
Is Polycab India Limited financially healthy?
Polycab India Limited scores 100/100 on our financial-health model, placing it in the safe band on the Altman Z-score, with a Piotroski F-score of 4/9.
How has Polycab India Limited's share price performed?
Polycab India Limited is down 14% over three months, and last traded at ₹8,241. Past performance doesn't predict future returns.
More in Capital Goods
View allOur 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.