Polycab India Ltd

NSE: POLYCAB BSE: 542652

₹8207

(1.54%)

Sat, 17 Oct 2026, 10:23 am

MTF 5xInvest in Polycab India Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)125387.91

PE Ratio43.25

Dividend0.56

Producer Manufacturing

Electrical Products

24.5K

Polycab India Balance Sheet

Income Statement Balance Sheet Cashflow

Particulars	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Interest expense on debt	-1.47B	-659.49M	-936.80M	-1.17B	-495.35M	-379.61M	-302.85M	-551.92M	-1.08B	-1.67B
Pretax equity in earnings	0	—	—	—	—	—	—	—	0	0
Equity in earnings	0	-3.29M	1.05M	-23.26M	-74.08M	5.78M	-25.55M	-92.63M	0	0
Total assets	38.46B	45.53B	45.14B	56.28B	59.62B	70.15B	74.12B	94.25B	120.79B	137.73B
Total current assets	26.23B	30.79B	29.26B	39.24B	40.50B	47.73B	51.41B	69.09B	87.14B	93.19B
Cash and short term investments	507.31M	301.57M	106.42M	3.17B	3.21B	11.54B	11.71B	20.46B	22.25B	25.20B
Cash & equivalents	316.31M	234.40M	82.32M	1.79B	1.72B	2.38B	1.22B	1.53B	3.07B	2.18B
Short term investments	191.00M	67.17M	24.10M	1.38B	1.49B	9.17B	10.49B	18.93B	19.18B	23.02B
Total receivables, net	13.31B	11.96B	13.25B	14.25B	15.00B	14.78B	13.32B	12.88B	21.01B	27.36B
Accounts receivable - trade, net	13.25B	11.88B	12.91B	13.60B	14.65B	14.39B	13.06B	12.60B	20.84B	27.05B
Other receivables	61.63M	76.00M	343.11M	645.72M	347.11M	389.69M	261.72M	282.04M	176.63M	316.56M
Total inventory	10.58B	16.35B	14.39B	20.81B	19.87B	20.80B	25.18B	32.58B	39.81B	37.84B
Other current assets, total	1.81B	2.14B	1.42B	941.51M	2.35B	546.17M	1.14B	3.13B	3.85B	2.37B
Total non-current assets	12.24B	14.74B	15.88B	17.04B	19.12B	22.42B	22.71B	25.17B	33.65B	44.54B
Long term investments	359.73M	829.90M	1.20B	1.65B	1.93B	2.02B	1.06B	568.28M	2.01B	4.25B
Note receivable - long term	351.92M	483.18M	880.00M	1.35B	1.66B	1.28B	799.31M	526.37M	1.19B	2.99B
Investments in unconsolidated subsidiaries	0	327.01M	314.06M	293.85M	254.77M	118.18M	92.63M	0	0	0
Other investments	7.81M	19.71M	4.24M	9.38M	14.17M	615.18M	166.52M	41.91M	821.32M	1.26B
Net property/plant/equipment	11.46B	13.06B	13.52B	15.04B	16.88B	19.87B	20.83B	23.81B	30.46B	38.82B
Gross property/plant/equipment	12.54B	15.36B	17.11B	20.01B	23.13B	27.89B	30.40B	35.17B	43.94B	54.80B
Deferred tax assets	0	700.00K	655.28M	0	10.13M	110.00K	90.00K	13.44M	128.69M	240.40M
Net intangible assets	66.64M	60.30M	27.04M	34.98M	16.76M	93.83M	229.62M	203.30M	206.39M	98.45M
Goodwill, net	0	0	0	0	0	22.58M	46.22M	46.22M	46.22M	0
Other intangibles, net	66.64M	60.30M	27.04M	34.98M	16.76M	71.25M	183.40M	157.08M	160.17M	98.45M
Other long term assets, total	344.40M	780.96M	469.21M	255.06M	261.88M	431.62M	576.71M	495.92M	752.62M	972.47M
Short term debt	6.95B	6.94B	6.41B	1.83B	1.49B	1.56B	906.98M	827.06M	19.76B	13.96B
Current portion of LT debt and capital leases	100.00K	349.13M	726.10M	804.23M	379.21M	111.83M	105.37M	165.39M	516.05M	323.24M
Short term debt excl. current portion of LT debt	6.95B	6.59B	5.69B	1.03B	1.11B	1.45B	801.61M	661.67M	19.24B	13.63B
Accounts payable	10.57B	13.54B	9.22B	15.20B	13.54B	13.48B	12.18B	20.32B	10.01B	14.30B
Income tax payable	73.03M	308.62M	823.76M	1.67B	1.19B	283.44M	159.52M	288.17M	125.44M	155.59M
Long term debt	1.01B	1.62B	1.59B	889.25M	408.39M	1.26B	274.50M	266.41M	471.00M	1.13B
Long term debt excl. lease liabilities	1.01B	1.62B	1.59B	889.25M	408.39M	1.26B	274.50M	266.41M	471.00M	1.13B
Total equity	17.86B	19.97B	23.52B	28.55B	38.51B	47.73B	55.69B	66.75B	82.43B	99.07B
Shareholders' equity	17.83B	19.94B	23.48B	28.47B	38.36B	47.54B	55.44B	66.37B	81.87B	98.25B
Common equity, total	17.83B	19.94B	23.48B	28.47B	38.36B	47.54B	55.44B	66.37B	81.87B	98.25B
Other common equity	620.80M	609.40M	615.94M	764.94M	758.22M	905.83M	954.74M	926.62M	1.28B	1.60B
Total debt	7.96B	8.56B	8.00B	2.72B	1.90B	2.83B	1.18B	1.09B	20.23B	15.09B
Net debt	7.45B	8.26B	7.90B	-442.30M	-1.31B	-8.72B	-10.53B	-19.36B	-2.02B	-10.11B
Change in accounts receivable	-2.97B	1.04B	-1.66B	-1.45B	-1.75B	396.89M	1.21B	849.59M	-8.89B	-7.36B
Change in taxes payable	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	1.66B	3.61B	-4.55B	5.80B	-1.20B	140.73M	-281.65M	2.09B	1.78B	4.53B
Change in other assets/liabilities	89.30M	-974.22M	-3.30B	5.00B	-3.98B	2.65B	-3.70B	3.66B	-104.99M	2.15B
Sale of fixed assets & businesses	29.23M	11.82M	160.10M	84.88M	10.44M	24.02M	66.90M	210.35M	5.47M	141.07M
Purchase/sale of investments, net	-110.28M	112.22M	58.79M	-1.36B	22.86M	-8.07B	-645.27M	-7.67B	616.34M	-3.06B
Sale/maturity of investments	0	112.22M	58.79M	601.19M	296.23B	75.50B	96.11B	93.74B	130.85B	116.75B
Purchase of investments	-110.28M	0	0	-1.96B	-296.21B	-83.57B	-96.75B	-101.41B	-130.24B	-119.81B
Other investing cash flow items, total	-1.06M	55.22M	-134.81M	-25.60M	2.15M	-320.40M	1.46B	23.33M	-2.79M	-4.74M
Issuance/retirement of debt, net	2.17B	749.08M	-789.19M	-5.65B	-1.19B	-1.22B	-168.17M	331.67M	6.56B	-5.06B
Issuance/retirement of long term debt	1.02B	997.12M	343.02M	-699.80M	-1.24B	-832.77M	-141.09M	2.60M	205.35M	243.79M
Issuance/retirement of short term debt	1.16B	-248.04M	-1.13B	-4.95B	45.57M	-384.38M	-27.08M	329.07M	6.35B	-5.30B
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—
Total cash dividends paid	-261.48M	-177.14M	-169.87M	-28.75M	-1.79B	0	-1.49B	-2.09B	-3.00B	-4.51B
Other financing cash flow items, total	0	0	0	0	-47.19M	0	0	0	0	0

Particulars	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Interest expense on debt	-1.47B	-659.49M	-936.80M	-1.17B	-495.35M	-379.61M	-302.85M	-551.92M	-1.08B	-1.67B
Pretax equity in earnings	0	—	—	—	—	—	—	—	0	0
Equity in earnings	0	-3.29M	1.05M	-23.26M	-74.08M	5.78M	-25.55M	-92.63M	0	0
Total assets	38.46B	45.53B	45.14B	56.28B	59.62B	70.15B	74.12B	94.25B	120.79B	137.73B
Total current assets	26.23B	30.79B	29.26B	39.24B	40.50B	47.73B	51.41B	69.09B	87.14B	93.19B
Cash and short term investments	507.31M	301.57M	106.42M	3.17B	3.21B	11.54B	11.71B	20.46B	22.25B	25.20B
Cash & equivalents	316.31M	234.40M	82.32M	1.79B	1.72B	2.38B	1.22B	1.53B	3.07B	2.18B
Short term investments	191.00M	67.17M	24.10M	1.38B	1.49B	9.17B	10.49B	18.93B	19.18B	23.02B
Total receivables, net	13.31B	11.96B	13.25B	14.25B	15.00B	14.78B	13.32B	12.88B	21.01B	27.36B
Accounts receivable - trade, net	13.25B	11.88B	12.91B	13.60B	14.65B	14.39B	13.06B	12.60B	20.84B	27.05B
Other receivables	61.63M	76.00M	343.11M	645.72M	347.11M	389.69M	261.72M	282.04M	176.63M	316.56M
Total inventory	10.58B	16.35B	14.39B	20.81B	19.87B	20.80B	25.18B	32.58B	39.81B	37.84B
Other current assets, total	1.81B	2.14B	1.42B	941.51M	2.35B	546.17M	1.14B	3.13B	3.85B	2.37B
Total non-current assets	12.24B	14.74B	15.88B	17.04B	19.12B	22.42B	22.71B	25.17B	33.65B	44.54B
Long term investments	359.73M	829.90M	1.20B	1.65B	1.93B	2.02B	1.06B	568.28M	2.01B	4.25B
Note receivable - long term	351.92M	483.18M	880.00M	1.35B	1.66B	1.28B	799.31M	526.37M	1.19B	2.99B
Investments in unconsolidated subsidiaries	0	327.01M	314.06M	293.85M	254.77M	118.18M	92.63M	0	0	0
Other investments	7.81M	19.71M	4.24M	9.38M	14.17M	615.18M	166.52M	41.91M	821.32M	1.26B
Net property/plant/equipment	11.46B	13.06B	13.52B	15.04B	16.88B	19.87B	20.83B	23.81B	30.46B	38.82B
Gross property/plant/equipment	12.54B	15.36B	17.11B	20.01B	23.13B	27.89B	30.40B	35.17B	43.94B	54.80B
Deferred tax assets	0	700.00K	655.28M	0	10.13M	110.00K	90.00K	13.44M	128.69M	240.40M
Net intangible assets	66.64M	60.30M	27.04M	34.98M	16.76M	93.83M	229.62M	203.30M	206.39M	98.45M
Goodwill, net	0	0	0	0	0	22.58M	46.22M	46.22M	46.22M	0
Other intangibles, net	66.64M	60.30M	27.04M	34.98M	16.76M	71.25M	183.40M	157.08M	160.17M	98.45M
Other long term assets, total	344.40M	780.96M	469.21M	255.06M	261.88M	431.62M	576.71M	495.92M	752.62M	972.47M
Short term debt	6.95B	6.94B	6.41B	1.83B	1.49B	1.56B	906.98M	827.06M	19.76B	13.96B
Current portion of LT debt and capital leases	100.00K	349.13M	726.10M	804.23M	379.21M	111.83M	105.37M	165.39M	516.05M	323.24M
Short term debt excl. current portion of LT debt	6.95B	6.59B	5.69B	1.03B	1.11B	1.45B	801.61M	661.67M	19.24B	13.63B
Accounts payable	10.57B	13.54B	9.22B	15.20B	13.54B	13.48B	12.18B	20.32B	10.01B	14.30B
Income tax payable	73.03M	308.62M	823.76M	1.67B	1.19B	283.44M	159.52M	288.17M	125.44M	155.59M
Long term debt	1.01B	1.62B	1.59B	889.25M	408.39M	1.26B	274.50M	266.41M	471.00M	1.13B
Long term debt excl. lease liabilities	1.01B	1.62B	1.59B	889.25M	408.39M	1.26B	274.50M	266.41M	471.00M	1.13B
Total equity	17.86B	19.97B	23.52B	28.55B	38.51B	47.73B	55.69B	66.75B	82.43B	99.07B
Shareholders' equity	17.83B	19.94B	23.48B	28.47B	38.36B	47.54B	55.44B	66.37B	81.87B	98.25B
Common equity, total	17.83B	19.94B	23.48B	28.47B	38.36B	47.54B	55.44B	66.37B	81.87B	98.25B
Other common equity	620.80M	609.40M	615.94M	764.94M	758.22M	905.83M	954.74M	926.62M	1.28B	1.60B
Total debt	7.96B	8.56B	8.00B	2.72B	1.90B	2.83B	1.18B	1.09B	20.23B	15.09B
Net debt	7.45B	8.26B	7.90B	-442.30M	-1.31B	-8.72B	-10.53B	-19.36B	-2.02B	-10.11B
Change in accounts receivable	-2.97B	1.04B	-1.66B	-1.45B	-1.75B	396.89M	1.21B	849.59M	-8.89B	-7.36B
Change in taxes payable	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	1.66B	3.61B	-4.55B	5.80B	-1.20B	140.73M	-281.65M	2.09B	1.78B	4.53B
Change in other assets/liabilities	89.30M	-974.22M	-3.30B	5.00B	-3.98B	2.65B	-3.70B	3.66B	-104.99M	2.15B
Sale of fixed assets & businesses	29.23M	11.82M	160.10M	84.88M	10.44M	24.02M	66.90M	210.35M	5.47M	141.07M
Purchase/sale of investments, net	-110.28M	112.22M	58.79M	-1.36B	22.86M	-8.07B	-645.27M	-7.67B	616.34M	-3.06B
Sale/maturity of investments	0	112.22M	58.79M	601.19M	296.23B	75.50B	96.11B	93.74B	130.85B	116.75B
Purchase of investments	-110.28M	0	0	-1.96B	-296.21B	-83.57B	-96.75B	-101.41B	-130.24B	-119.81B
Other investing cash flow items, total	-1.06M	55.22M	-134.81M	-25.60M	2.15M	-320.40M	1.46B	23.33M	-2.79M	-4.74M
Issuance/retirement of debt, net	2.17B	749.08M	-789.19M	-5.65B	-1.19B	-1.22B	-168.17M	331.67M	6.56B	-5.06B
Issuance/retirement of long term debt	1.02B	997.12M	343.02M	-699.80M	-1.24B	-832.77M	-141.09M	2.60M	205.35M	243.79M
Issuance/retirement of short term debt	1.16B	-248.04M	-1.13B	-4.95B	45.57M	-384.38M	-27.08M	329.07M	6.35B	-5.30B
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—
Total cash dividends paid	-261.48M	-177.14M	-169.87M	-28.75M	-1.79B	0	-1.49B	-2.09B	-3.00B	-4.51B
Other financing cash flow items, total	0	0	0	0	-47.19M	0	0	0	0	0