Why is Polycab India Ltd ?
1
Flat results in Dec 24
- CASH AND CASH EQUIVALENTS(HY) Lowest at Rs 343.49 cr
- DEBTORS TURNOVER RATIO(HY) Lowest at 8.61 times
2
Stock is technically in a Bearish range
- The technical trend has deteriorated from Mildly Bearish on 21-Mar-25 and has generated 3.52% returns since then
- Multiple factors for the stock are Bearish like MACD, Bollinger Band and KST
3
With ROE of 20.9, it has a Expensive valuation with a 8.8 Price to Book Value
- The stock is trading at a fair value compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -1.56%, its profits have risen by 10.6% ; the PEG ratio of the company is 3.9
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Cable)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Polycab India for you?
High Risk, Medium Return
Absolute
Risk Adjusted
Volatility
Polycab India
-2.4%
-0.04
38.38%
SENSEX
0.45%
0.03
14.48%
Quality key factors
Factor
Value
Sales Growth (5y)
18.10%
EBIT Growth (5y)
21.64%
EBIT to Interest (avg)
21.76
Debt to EBITDA (avg)
0.12
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
2.09
Tax Ratio
24.37%
Dividend Payout Ratio
25.26%
Pledged Shares
0
Institutional Holding
23.42%
ROCE (avg)
30.50%
ROE (avg)
19.27%
Valuation Key Factors 
Factor
Value
P/E Ratio
41
Industry P/E
42
Price to Book Value
8.76
EV to EBIT
30.24
EV to EBITDA
27.06
EV to Capital Employed
11.66
EV to Sales
3.47
PEG Ratio
3.93
Dividend Yield
0.60%
ROCE (Latest)
36.42%
ROE (Latest)
20.88%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Mildly Bearish
No Trend
Technical Movement
5What is working for the Company
NET SALES(HY)
At Rs 10,724.48 cr has Grown at 25.31 %
OPERATING PROFIT TO NET SALES(Q)
Highest at 13.78%
-4What is not working for the Company
CASH AND CASH EQUIVALENTS(HY)
Lowest at Rs 343.49 cr
DEBTORS TURNOVER RATIO(HY)
Lowest at 8.61 times
Loading Valuation Snapshot...
Here's what is working for Polycab India
Net Sales - Half Yearly
At Rs 10,724.48 cr has Grown at 25.31 %
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit Margin - Quarterly
Highest at 13.78%
in the last five quartersMOJO Watch
Company's efficiency has improved
Operating Profit to Sales
Here's what is not working for Polycab India
Cash and Cash Equivalents - Half Yearly
Lowest at Rs 343.49 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
Debtors Turnover Ratio- Half Yearly
Lowest at 8.61 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio