POLYCAB INDIA LTD chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 817.57
Dividend & Yield10.00₹ (0.42%)
Beta 0.96
Market capitalization 363.84B
Operating cash flow 5.12B
ESG Scores unknown

Company description

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. Polycab India Limited was incorporated in 1996 and is based in Mumbai, India.

Sector: Industrials - Industry: Electrical Equipment & Parts

Financial Ratios
Quick Ratio1.51
Working Capital0.27
Return On Equity0.16
Debt To Equity0
Fixed Asset Ratio0
Fixed Interest Cover65.85

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 5.8B -1.2B 140.73M -281.65M
Total Cashflows From Investing Activities -4.08B -2.62B -10.12B -4.27B
Net Borrowings -5.65B -1.32B -1.37B -338.85M
Total Cash From Financing Activities -6.51B 110.13M -1.75B -2.01B
Change To Operating Activities 5B -3.98B 2.65B -3.7B
Issuance Of Stock 4.11B 4.11B 84.05M 132.88M
Net Income 5B 7.59B 8.82B 9.09B
Change In Cash 1.71B -68.97M 655.57M -1.16B
Effect Of Exchange Rate
Total Cash From Operating Activities 12.3B 2.44B 12.52B 5.12B
Depreciation 1.4B 1.59B 1.85B 2.08B
Change To Account Receivables -1.45B -1.75B 396.89M 1.21B
Other Cashflows From Financing Activities -834.69M -1.19B -462.99M -309.33M
Change To Netincome 2.82B -531.95M -762.24M -1.08B
Capital Expenditures -2.83B -2.9B -1.87B -5.27B

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 7.56B 10.1B 10.12B 11.16B
Net Income 5B 7.59B 8.82B 9.09B
Selling General Administrative 4.16B 4.82B 4.29B 4.96B
Gross Profit 20.01B 24.41B 22.56B 27.13B
Ebit 8.25B 10.04B 9.35B 10.65B
Operating Income 8.25B 10.04B 9.35B 10.65B
Interest Expense -957M -311.96M -274.42M -161.72M
Income Tax Expense 2.56B 2.44B 1.7B 2.71B
Total Revenue 79.86B 88.3B 87.92B 122.04B
Cost Of Revenue 59.84B 63.89B 65.36B 94.91B
Total Other Income ExpenseNet -688.84M 63.19M 771.74M 509.95M
Net Income From Continuing Ops 5B 7.66B 8.42B 8.45B
Net Income Applicable To Common Shares 5B 7.59B 8.82B 9.09B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 27.73B 21.1B 22.42B 18.43B
Total Stockholder Equity 28.47B 38.36B 47.54B 55.44B
Other Current Liabilities 8.23B 4.79B 4.41B 3.46B
Total Assets 56.28B 59.62B 70.15B 74.12B
Common Stock 1.41B 1.49B 1.49B 1.49B
Other Current Assets 1.91B 3.28B 580.78M 1.2B
Retained Earnings 23.85B 29.58B 38.44B 46.05B
Treasury Stock 150.94M 144.22M 291.83M 339.74M
Cash 1.79B 1.72B 2.38B 1.22B
Total Current Liabilities 26.19B 20.09B 20.15B 17.41B
Other Stockholder Equity 150.94M 144.22M 291.83M 339.74M
Property, Plant, and Equipment 14.65B 16.62B 19.59B 20.28B
Total Current Assets 39.24B 40.5B 47.73B 51.41B
Net Tangible Assets 28.43B 38.35B 47.45B 55.21B
Net Receivables 14.28B 15.07B 14.74B 13.27B
Accounts Payable 15.2B 13.54B 13.48B 12.18B


Insider Transactions

Here are the insider transactions of stock shares related to POLYCAB INDIA LTD:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Hariani (Anil Hariram)Gift at price 0.00 per share.D2022-03-14UNREPORTED71.85k
Jaisinghani (Girdhari Thakurdas)Gift at price 0.00 per share.D2022-03-14Promoter4.59k
Jaisinghani (Girdhari Thakurdas)Other at price 0.00 per share.D2022-02-10Promoter10.74k
Jaisinghani (Inder T)Sale at price 0.00 per share.D2022-02-10Promoter21k
Mehta (Rashmikant)Sale at price 33.84 per share.D2022-01-28UNREPORTED500
Deshmukh (Chetan)Sale at price 32.83 per share.D2021-12-31UNREPORTED150
Parikh (Malay)Sale at price 30.82 per share.D2021-12-30UNREPORTED800
Jaisinghani (Ajay T)Gift at price 0.00 per share.D2021-12-29Promoter54.95k
Jaisinghani (Girdhari Thakurdas)Gift at price 0.00 per share.D2021-12-29Promoter38.3k
Jaisinghani (Inder T)Gift at price 0.00 per share.D2021-12-29Promoter27.5k
Jaisinghani (Ramesh T)Gift at price 0.00 per share.D2021-12-29Promoter208.5k
Asrani (Haresh)Sale at price 34.14 per share.D2021-12-16Wholetime Director200
Asrani (Haresh)Acquisition at price 32.12 per share.D2021-12-16Wholetime Director200
Vaswani (Manoj)Sale at price 33.82 per share.D2021-12-15Chief Operating Officer3.25k
Amin (Shashi Lokayya)Sale at price 33.00 per share.D2021-12-13UNREPORTED2k
Bhargawa (Sandeep)Sale at price 34.32 per share.D2021-12-13UNREPORTED3.25k
Parikh (Malay)Sale at price 34.32 per share.D2021-12-13UNREPORTED200
Pati (Pulak)Sale at price 33.79 per share.D2021-12-13UNREPORTED2.5k
Bajaj (Sampat)Sale at price 32.08 per share.D2021-12-10UNREPORTED500
Nair (Ravindran)Sale at price 32.66 per share.D2021-12-10UNREPORTED500
Bajaj (Sampat)Acquisition at price 31.21 per share.D2021-12-09UNREPORTED500
Shyamyani (Bharat)Sale at price 31.60 per share.D2021-12-06UNREPORTED450
Shyamyani (Bharat)Sale at price 31.43 per share.D2021-12-03UNREPORTED434
Shyamyani (Bharat)Sale at price 30.40 per share.D2021-11-30UNREPORTED1.3k
Girdhari Juhi TrustOther at price 31.46 per share.D2021-11-24Promoter1M
Girdhari Karina TrustOther at price 31.46 per share.D2021-11-24Promoter1M
Girdhari Reshma TrustOther at price 31.46 per share.D2021-11-24Promoter1M
Jaisinghani (Girdhari Thakurdas)Other at price 31.46 per share.D2021-11-24Promoter3M
Jaisinghani (Mrinalini)Gift at price 31.46 per share.D2021-11-24UNREPORTED25k
Sehgal (Deepika)Gift at price 31.46 per share.D2021-11-24UNREPORTED100k
Shyamyani (Bharat)Sale at price 32.16 per share.D2021-11-24UNREPORTED1k
Chandrashekhar (Kalpattu)Sale at price 33.70 per share.D2021-11-12UNREPORTED1.7k
Sharma (Satyanarayan)Sale at price 33.65 per share.D2021-11-11UNREPORTED500
Sharma (Satyanarayan)Sale at price 33.65 per share.D2021-11-11UNREPORTED1k
Sharma (Satyanarayan)Sale at price 33.32 per share.D2021-11-10UNREPORTED2k
Sharma (Satyanarayan)Sale at price 33.33 per share.D2021-11-10UNREPORTED500
Deshmukh (Chetan Vasant)Sale at price 33.30 per share.D2021-11-09UNREPORTED750
Sharma (Satyanarayan)Sale at price 33.37 per share.D2021-11-09UNREPORTED3.48k
Sharma (Satyanarayan)Sale at price 33.21 per share.D2021-11-09UNREPORTED1k
Deshmukh (Chetan Vasant)Sale at price 32.13 per share.D2021-11-04UNREPORTED250
Inder Kunal Trust.Other at price 0.00 per share.D2021-09-27Promoter1M
Inder Shikha Trust.Other at price 0.00 per share.D2021-09-27Promoter1M
Jaisinghani (Inder T)Other at price 0.00 per share.D2021-09-27Promoter2M
Bajaj (Shyam Lal)Sale at price 33.20 per share.D2021-09-23UNREPORTED500
Paul (Kalyan)Sale at price 35.57 per share.D2021-09-20UNREPORTED500
Shipley (Anil Errol)Sale at price 33.49 per share.D2021-09-17UNREPORTED2.5k
Pandey (Vijay Pratap)Sale at price 33.46 per share.D2021-09-15UNREPORTED700
Vaswani (Manoj)Sale at price 31.77 per share.D2021-09-08Chief Operating Officer600
Bajaj (Shyam Lal)Sale at price 31.82 per share.D2021-09-06UNREPORTED1k
Bajaj (Shyam Lal)Sale at price 30.14 per share.D2021-09-02UNREPORTED6.5k
Mallick (Jayanta)Sale at price 28.31 per share.D2021-09-01UNREPORTED2.04k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to POLYCAB INDIA LTD. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on POLYCAB INDIA LTD

Here is the result of two systematic investment strategies applied to POLYCAB INDIA LTD. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on POLYCAB INDIA LTD

The following chart shows the equity curve of the two systematic investment strategies applied to POLYCAB INDIA LTD:

POLYCAB INDIA LTD automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 73.96% on the backtest period.

Performance at glance

Performance

73.96 %

Latent gain

6521.7 ₹

Invested capital

8817.6 ₹

Annualized return

22.83 %
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Momentum strategy results on POLYCAB INDIA LTD

This is the result of two momentum investment strategies applied to POLYCAB INDIA LTD. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on POLYCAB INDIA LTD

The following chart shows all the entries opened by the momentum investment system on POLYCAB INDIA LTD:

POLYCAB INDIA LTD momentum entries
  • The first momentum investment strategy would give 165.11% of return on POLYCAB INDIA LTD. That represents 14329.85₹ of latent gain with 8679.1₹ of employed capital.
  • The second momentum investment strategy would give 98.51% of return on POLYCAB INDIA LTD. That represents 7612.0₹ of latent gain with 7727.3₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

165.11 %

Latent gain

14329.85 ₹

Invested capital

8679.1 ₹

Annualized return

5.98 %
Performance at glance (2Q Momentum)

Performance

98.51 %

Latent gain

7612.0 ₹

Invested capital

7727.3 ₹

Annualized return

35.69 %

Momentum equity curve on POLYCAB INDIA LTD

The following chart shows the equity curve of the two momentum strategies applied to POLYCAB INDIA LTD:

POLYCAB INDIA LTD momentum equity

Note: the dividends potentially given by POLYCAB INDIA LTD are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on POLYCAB INDIA LTD

The following chart shows the employed capital evolution of the two momentum strategies on POLYCAB INDIA LTD since the beginning:

POLYCAB INDIA LTD

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on POLYCAB INDIA LTD

Buy the dip entry openings on POLYCAB INDIA LTD

POLYCAB INDIA LTD

The performance achieved by the robo-advisor on POLYCAB INDIA LTD is 7.41%. That represents 176.35$ of latent gain with 2380.2₹ of employed capital. The following chart shows POLYCAB INDIA LTD stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of POLYCAB INDIA LTD, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

7.41 %

Latent gain

176.35 ₹

Invested capital

2380.2 ₹

Annualized return

5.98 %

Equity curve of the strategy applied to POLYCAB INDIA LTD

The following chart shows the result of the investment strategy applied to POLYCAB INDIA LTD:

POLYCAB INDIA LTD

Note: the dividends potentially given by POLYCAB INDIA LTD are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on POLYCAB INDIA LTD

The following chart shows the employed capital evolution since the beginning of the investment strategy on POLYCAB INDIA LTD:

POLYCAB INDIA LTD

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on POLYCAB INDIA LTD

In this section, I will compare the three previous investment strategies applied to POLYCAB INDIA LTD.

Equity curve comparison on POLYCAB INDIA LTD

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

POLYCAB INDIA LTD investment strategy comparison

Employed capital comparison on POLYCAB INDIA LTD

POLYCAB INDIA LTD investment comparison

Performance comparison on POLYCAB INDIA LTD

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 73.96% 6521.7₹ 8817.6₹ 22.83%
Momentum 1 quarter 165.11% 14329.85₹ 8679.1₹ 55.04%
Momentum 2 quarters 98.51% 7612.0₹ 7727.3₹ 35.69%
Non-directional 7.41% 176.35₹ 2380.2₹ 5.98%
Annualized return comparison

Automatic investment

22.83 %

Momentum 1Q

35.69 %

Momentum 2Q

35.69 %

Non-directional

5.98 %

Correlated stocks

Here are the most positively and negatively correlated stocks with POLYCAB INDIA LTD:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between POLYCAB INDIA LTD and the other stocks. There may be false positives or some missing correlated stocks. If the price of POLYCAB INDIA LTD does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name POLYCAB INDIA LTD
Country India
City Mumbai
Address Polycab House
Phone 91 22 2432 7074
Website www.polycab.com
FullTime employees
Industry Electrical Equipment & Parts
Sector Industrials
Exchange XNSE
Ticker POLYCAB.XNSE
Market

POLYCAB INDIA LTD ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown