Polycab India Limited Share Price and Company Fundamentals
Last traded: Today at 7:00 AM
Polycab India Limited manufactures and sells wires and cables under the POLYCAB brand in India and internationally. The company offers rubber cable, fire survival cables, and wires. It also provides ceiling, table, pedestal, wall, exhaust, farrata, and air circulated fans. In addition, the company provides lighting and luminaires, touch switches, modular plates, switches, and accessories, and switchgear consisting of isolators, MCB, RCCB, RCBO, DB, ACCL, and MCB changeover switches. Further, the company offers solar grid tie inverter, DC MCB, solar DC cable, and solar panels; UPVC conduit and concealed box; and self-priming monobloc, centrifugal monobloc, borewell submersible, domestic openwell submersible, and jet pumps, as well as submersible flat and round cables. Additionally, it provides water heaters, coolers, and iron appliances. Furthermore, the company engages in the design, engineering, supply, execution, and commissioning of power distribution, transmission, and rural electrification projects. It operates a distribution network of 3,464 authorized dealers and distributors; and 100,000 retail outlets. The company was incorporated in 1996 and is based in Mumbai, India.
Key Metrics
PE ratio
54.78
PB ratio
11.91
Dividend yield
0.46%
Beta
0.73
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Electrical Equipment & Parts / Industrials |
|---|---|
| Website | https://www.polycab.com |
| Mailing address | #29, The Ruby 21st Floor Senapati Bapat Marg Tulsi Pipe Road, Dadar (West) Mumbai 400016 India |
| Phone / Fax | 91 22 2432 7074 / |
Dividends
Dividend yield
0.46%
Dividend amount
₹30.00
Payout ratio
16.88%
Polycab India Limited paid ₹30.00 dividend and the ex-dividend date was 21 June 2023.The dividend payout ratio is 16.88%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.POLYCAB dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
POLYCAB's forward dividend amount is ₹20 and the forward dividend yield is 0.31%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of May 2024, following are the company executives and directors listed on Polycab India Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Inder Thakurdas Jaisinghani | Chairman & MD | 69 | 217.35M |
| Mr. Gandharv Tongia | CFO & Executive Director | 40 | 7.3M |
| Mr. Rajesh Nair | Chief Human Resources Officer & Executive President | 54 | |
| Mr. Sandeep Bhargava | Executive President & Chief Procurement Officer | 53 | |
| Mr. Bharat A. Jaisinghani | Whole-Time Director | 39 | 21.06M |
| Mr. Nikhil Ramesh Jaisinghani | Whole-Time Director | 37 | 21.06M |
| Mr. Anurag Agarwal | Executive President of Strategic Initiatives & New Businesses | 48 | |
| Mr. Diwaker Bharadwaj | President of Packaging Development | 50 | |
| Mr. Bhushan Sawhney | Executive President & Chief Business Officer | 52 | |
| Mr. Rakeshkumar Talati | Whole-Time Director | 58 | 23.51M |
Profitability and management effectiveness
Profit margin
9.89%
Operating margin
12.44%
Return on assets
13.06%
Return on equity
24.18%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Polycab India Limited is and its enterprise value is .
The POLYCAB's stocks Beta value is 0.73 making it 27% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Polycab India Limited (NSE:POLYCAB) Frequently Asked Questions
1. What is Polycab India Limited's Stock Symbol?
Polycab India Limited trades on NSE under the ticker symbol "POLYCAB".
2. What is Polycab India Limited's stock price today?
One share of POLYCAB stock can currently be purchased for approximately ₹6496.25.
3. How can I contact Polycab India Limited?
Polycab India Limited's mailing address is #29, The Ruby 21st Floor Senapati Bapat Marg Tulsi Pipe Road, Dadar (West) Mumbai 400016 India. The company can be reached via phone at 91 22 2432 7074.
4. What is Polycab India Limited's official website?
The official website of Polycab India Limited is https://www.polycab.com.