Polycab India Ltd.
Snapshot View

1851.25 +37.20 ▲2.1%

30 July 2021, 04:00:00 P.M.
Volume: 18,547

Overview View Details

Sector Electricals Compare with Sector peers
Industry Cable Compare with Industry peers
Website http://www.polycab.com
Financial Indicators
Market Cap 27,614.20 Cr.
Earnings per share (EPS) 56.21 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) 32.93 Trailing Twelve Months Ending 2021-06
Industry PE 28.11 Trailing Twelve Months Ending 2021-06
Book Value / Share 321.94 Trailing Twelve Months Ending 2021-06
Price to Book Value 5.75 Calculated using Price: 1,851.25
Dividend Yield 0.54 Period Ending 2021-03
No. of Shares Subscribed 14.92 Cr. 149,165,169 Shares
FaceValue 10
Company Profile

The company was incorporated as ‘Polycab Wires Private Limited’ on January 10, 1996 at Mumbai as a private limited company under the Companies Act, 1956. The company became a deemed public limited company under Section 43A (1) of the Companies Act, 1956, and the word ‘private’ was struck off from the name of company with effect from June 30, 2000. Thereafter, the company was converted into a private limited company under section 43A(2A) of the Companies Act, 1956, and the word ‘private’ was added in the name of company with effect from June 15, 2001. Subsequently, the company was converted into a public limited company, the word ‘private’ was struck off from the name of company and consequently, a fresh certificate of incorporation dated August 29, 2018 was issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana (RoC), recording the change of company’s name to ‘Polycab Wires Limited’. Thereafter, the name of company was changed from ‘Polycab Wires Limited’ to ‘Polycab India Limited’, and a fresh certificate of incorporation dated October 13, 2018 was issued by the RoC.

It is the largest manufacturer in the wires and cables industry in India, in terms of revenue from the wires and cables segment and provide one of the most extensive range of wires and cables in India.

Business area of the company

Polycab India is engaged in the business of manufacturing and selling wires and cables and fast moving electrical goods (FMEG) under the ‘POLYCAB’ brand. Apart from wires and cables, it manufactures and sells FMEG such as electric fans, LED lighting and luminaires, switches and switchgears, solar products and conduits and accessories.

Products:

  • Cable and wires
  • Fans
  • Lighting and Luminaries
  • Switches
  • Solar products
  • Switchgears
  • Conduits and Accessories
  • Pumps
  • Appliances
  • EPC

Awards and Recognition:

  • 2018: National Best Employer Brand, 2018 - Employer Branding Institute - India.
  • 2017: Superbrands 2017 by the Superbrands India Private Limited.
  • 2015: 29th Annual Chapter Convention on Quality Concepts - CCQC - 2015, Gold Trophy.
  • 2015: 29th Annual Chapter Convention on Quality Concepts - CCQC - 2015, Silver Award.
  • 2015: 29th Annual Chapter Convention on Quality Concepts - CCQC, Excellence Award.
  • 2014: 28th Annual Chapter Convention on Quality Concepts - CCQC -2014, Gold Trophy.
  • 2014: 28th Annual Chapter Convention on Quality Concepts - CCQC - 2014, Silver Trophy.
  • 2014: 28th National Convention on Quality Concepts - NCQC - 2013, Par Excellence Award.
  • 2014: 28th National Convention on Quality Concepts - NCQC, Excellence Award.
  • 2018: Polycab honoured with ACETECH Grand Stand Awards for stall design in Delhi in Dec 2018.
  • 2019: Polycab honoured with ACETECH Grand Stand Special Jury Recognition for stall design in Mumbai in 2019.

Major Events & Milestones:

  • 1996: The company was incorporated on January 10, 1996 at Mumbai.
  • 1998: The company set up a manufacturing facility for PVC insulated power cables house wires, polyethylene insulated jelly filled telephone cables, optical fibre cables, switch board cables and quad cables at Daman.
  • 2008: The turnover of company increased from over Rs 10,000 million in Fiscal 2006 to over Rs 21,000 million in Fiscal 2008.
  • 2009: Investment from IFC in Company of Rs 4,017.50 million.
  • 2011 Polycab Industries Private Limited was amalgamated into company pursuant to a scheme of amalgamation.
  • 2011: The turnover of company increased to over Rs 31,000 million.
  • 2013: The company entered into the switch and switchgears segment.
  • 2014: The company entered into the fans and LED lighting segment.
  • 2014: The company set up manufacturing facilities for MCBs at Nashik, Maharashtra.
  • 2016: The company set up manufacturing facilities for ceiling fans at Roorkee, Uttarakhand.
  • 2016: The company entered into an agreement with Trafigura Pte. Limited to form a joint venture, Ryker Base Private Limited for setting up a copper rod manufacturing plant.
  • 2016: The company set up a modernized facility for manufacture of higher voltage cables up to 220 kV at Halol, Gujarat.
  • 2017: The company entered into an agreement with former promoters of Techno Electromech Private Limited in respect of acquisition of a joint venture, Techno Electromech Private Limited for manufacturing LED lighting products.
  • 2019: Polycab India inaugurates Polycab Experience Centre in Pune.
  • 2019: Polycab India inks agreement with Adfactors PR
  • 2020: Polycab India has incorporated a wholly owned subsidiary (WOS) company named Polycab USA LLC with effect from January 27, 2020.
  • 2020: Polycab India launches Experience Centre & Branch Office in Kerala.
  • 2020: Polycab India has incorporated a Wholly Owned Subsidiary in Australia under the name and style of ‘Polycab Australia’ on July 1, 2020.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+2.05%
1 Week
-2.00%
1 Month
-6.35%
3 Month
+26.13%
6 Month
+51.49%
1 Year
+128.72%
2 Year
+224.30%
5 Year
7 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 9.89 11.03 12.33 16.51 19.41 23.28 20.77
Return on Capital Employed (%) 16.32 16.29 15.74 22.02 27.93 30.00 24.86
Return on Assets (%) 4.84 5.25 5.55 7.96 9.98 13.34 13.66

Balance Sheet View Details

Particulars 7 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 1,622 1,786 1,994 2,348 2,847 3,836 4,754
Non Curr. Liab. 23 141 256 242 154 100 227
Curr. Liab. 1,667 1,922 2,300 1,854 2,619 2,009 2,015
Minority Int. 0 3 3 4 8 15 19
Equity & Liab. 3,312 3,852 4,553 4,448 5,628 5,961 7,015
Non Curr. Assets 1,067 1,226 1,473 1,522 1,704 1,911 2,242
Curr. Assets 2,245 2,625 3,080 2,926 3,924 4,050 4,773
Misc. Exp. not W/O
Total Assets 3,312 3,852 4,553 4,448 5,628 5,961 7,015

Profit Loss View Details

Particulars 7 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 4,708 5,187 5,500 6,770 7,986 8,830 8,927
Other Income 11 12 75 64 64 93 133
Total Income 4,719 5,199 5,575 6,835 8,049 8,923 9,060
Total Expenditure -4,268 -4,701 -5,020 -6,041 -7,033 -7,695 -7,765
PBIDT 451 498 555 793 1,017 1,228 1,295
Interest -108 -116 -66 -94 -117 -50 -53
Depreciation -98 -111 -128 -133 -141 -161 -187
Taxation -85 -83 -128 -208 -256 -244 -179
Exceptional Items 10
PAT 160 188 233 358 503 773 886

Cash Flow View Details

Particulars 5 years 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 296 362 1,230 244 1,238
Cash Fr. Inv. -290 -188 -408 -262 -1,012
Cash Fr. Finan. -10 -190 -651 11 -161
Net Change -3 -15 171 -7 66
Cash & Cash Eqvt 23 8 179 172 238

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 68.69 68.69 68.60 68.58 68.55 68.53 68.44 68.42 68.40
Public 31.31 31.31 31.40 31.42 31.45 31.47 31.56 31.58 31.60
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Thu, 29 Jul 2021
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Transcript of Earnings Conference call held on 22nd July 2021
Fri, 23 Jul 2021
Disclosure of Voting results of AGM (Regulation 44(3) of SEBI (LODR) Regulations 2015)
Polycab India Ltd has informed BSE regarding the details of Voting results of AGM under Regulation 44(3) of SEBI (LODR) Regulations 2015. Kindly Click here
Fri, 23 Jul 2021
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Submission of Audio Recording of Earnings Conference Call held on 22nd July 2021

Technical Scans View Details

Fri, 30 Jul 2021
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Close Within 2 Year High Zone Close Within 2 Year High Zone
Both SRS And ARS Above Zero Both SRS And ARS Above Zero
Close Crossing 50 EMA From Below Close Crossing 50 EMA From Below

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