Polycab India Key Ratios
NSE: POLYCAB | BSE: 542652
₹7,787.00
As on 30-Oct-2026IST
Market cap
₹1,17,551 Cr
Revenue (TTM)
₹34,609 Cr
P/E Ratio
37.2
P/B Ratio
9
Div. Yield
0.6 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 20.58 | 52.83 | 40.72 | 28.94 | 26.82 |
| EBIT | 26.92 | 41.94 | 30.06 | 27.75 | 33.95 |
| Net Profit | 24.61 | 42.59 | 28.21 | 25.20 | 32.23 |
| EPS | 24.56 | 42.43 | 28.09 | 24.99 | 30.81 |
| Book Value | -- | -- | 22.37 | 21.51 | 20.09 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 12.06 | 11.42 | 12.33 | 12.53 | 11.88 |
| Net Margin
| 9.25 | 8.82 | 9.17 | 9.30 | 9.04 |
| Return on equity
| 23.64 | 22.03 | 25.15 | 25.03 | 22.93 |
| Return on Capital
| 32.74 | 29.94 | -- | 34.93 | 31.51 |
| Return on Assets
| 16.09 | 15.08 | 15.63 | 15.83 | 15.85 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.01 | 0.01 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Polycab India
|
--
|
34.93
|
31.51
|
32.93
|
28.65
|
|
Peer Median
|
--
|
21.10
|
22.72
|
16.13
|
--
|
ROE
25.15
Higher than Peers by 10.85
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Polycab India
|
25.15
|
25.03
|
22.93
|
24.49
|
21.18
|
|
Peer Median
|
14.29
|
20.13
|
19.61
|
19.08
|
--
|
ROA
15.63
Higher than Peers by 7.86
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Polycab India
|
15.63
|
15.83
|
15.85
|
16.78
|
15.24
|
|
Peer Median
|
7.78
|
9.04
|
8.38
|
8.11
|
--
|
EBIT Margin
12.33
Higher than Peers by 5.72
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Polycab India
|
12.33
|
12.53
|
11.88
|
12.45
|
11.62
|
|
Peer Median
|
6.61
|
7.88
|
6.14
|
7.47
|
--
|
Net Margin
9.17
Higher than Peers by 4.99
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Polycab India
|
9.17
|
9.30
|
9.04
|
9.87
|
9.01
|
|
Peer Median
|
4.18
|
4.39
|
5.14
|
5.32
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Polycab India
|
--
|
10.71
|
10.46
|
11.35
|
10.58
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
40.72
Higher than Peers by 20.97
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Polycab India
|
40.72
|
28.90
|
24.22
|
27.87
|
15.60
|
|
Peer Median
|
19.75
|
43.04
|
21.52
|
13.56
|
--
|
EBIT Growth
30.06
Higher than Peers by 8.00
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Polycab India
|
30.06
|
35.98
|
18.49
|
37.01
|
56.37
|
|
Peer Median
|
22.06
|
52.94
|
18.66
|
19.05
|
--
|
Net Profit Growth
28.21
Higher than Peers by 5.02
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Polycab India
|
28.21
|
32.41
|
13.46
|
40.51
|
51.80
|
|
Peer Median
|
23.18
|
64.04
|
19.90
|
21.79
|
--
|
EPS Growth
28.09
Higher than Peers by 15.37
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Polycab India
|
28.09
|
32.17
|
13.08
|
39.95
|
39.56
|
|
Peer Median
|
12.71
|
53.71
|
7.53
|
14.29
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Polycab India
|
--
|
22.47
|
19.84
|
22.88
|
19.91
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.00
Lower than Peers by 0.00
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Polycab India
|
0.00
|
0.01
|
0.01
|
0.01
|
0.01
|
|
Peer Median
|
0.01
|
0.22
|
0.26
|
0.44
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Polycab India
|
--
|
0.01
|
0.01
|
0.01
|
0.01
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.72
Lower than Peers by 0.36
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Polycab India
|
1.72
|
1.84
|
2.65
|
2.42
|
2.64
|
|
Peer Median
|
2.08
|
1.83
|
1.90
|
1.77
|
--
|
Quick Ratio
1.03
Lower than Peers by 0.23
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Polycab India
|
1.03
|
1.14
|
1.61
|
1.40
|
1.51
|
|
Peer Median
|
1.26
|
1.42
|
1.61
|
1.16
|
--
|
Interest Coverage
14.43
Higher than Peers by 8.92
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Polycab India
|
14.43
|
15.87
|
16.99
|
22.78
|
29.57
|
|
Peer Median
|
5.51
|
4.36
|
4.17
|
4.41
|
--
|
Operating Efficiency
Debtors to sales
10.00
Lower than Peers by 6.06
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Polycab India
|
10.00
|
13.01
|
11.59
|
11.35
|
8.84
|
|
Peer Median
|
16.06
|
19.33
|
15.74
|
18.72
|
--
|
Asset Turnover
1.69
Higher than Peers by 0.01
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Polycab India
|
1.69
|
1.69
|
1.74
|
1.68
|
1.68
|
|
Peer Median
|
1.68
|
1.99
|
1.82
|
1.61
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Polycab India
|
--
|
40.15
|
37.82
|
33.32
|
32.90
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Polycab India
|
--
|
58.26
|
59.75
|
67.04
|
66.63
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Polycab India
|
--
|
28.97
|
28.90
|
26.15
|
25.03
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Polycab India
|
--
|
69.45
|
68.67
|
74.21
|
74.51
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
37.24
Higher than Peers by 3.55
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Polycab India
|
37.24
|
38.54
|
38.34
|
42.66
|
33.92
|
|
Peer Median
|
33.69
|
34.05
|
42.83
|
37.43
|
--
|
Price / Book Value
8.98
Higher than Peers by 5.81
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Polycab India
|
8.98
|
8.65
|
7.96
|
9.38
|
6.53
|
|
Peer Median
|
3.17
|
5.71
|
5.99
|
4.53
|
--
|
Dividend Yield
0.60
Higher than Peers by 0.28
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Polycab India
|
0.60
|
0.69
|
0.68
|
0.59
|
0.69
|
|
Peer Median
|
0.32
|
0.07
|
0.06
|
0.42
|
--
|
EV/EBITDA
23.46
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Polycab India
|
23.46
|
24.10
|
24.24
|
27.94
|
21.40
|
|
Peer Median
|
--
|
29.00
|
29.67
|
30.61
|
--
|
Market Cap
1,17,551
Higher than Peers by 1,12,816
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Polycab India
|
1,17,551
|
1,02,994
|
77,445
|
76,114
|
43,111
|
|
Peer Median
|
4,735
|
4,033
|
2,966
|
2,888
|
--
|