Polycab India Limited (NSE:POLYCAB)
India flag India · Delayed Price · Currency is INR
8,900.00
-35.00 (-0.39%)
Jul 24, 2026, 3:30 PM IST

Polycab India Stock Forecast

Stock Price Forecast

According to 31 analysts polled by S&P Global, Polycab India stock has a consensus rating of "Buy" and an average price target of ₹9,964. The average 1-year stock price forecast is 11.95% higher than the current stock price, while the lowest is ₹6,490 (-27.08%) and the highest is ₹11,900 (+33.71%).

Price Target: ₹9,964 (+11.95%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹6,490₹9,964₹10,120₹11,900
Change-27.08%+11.95%+13.71%+33.71%

Analyst Ratings

The average analyst rating for Polycab India stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy191716141413
Buy677889
Hold457888
Sell110000
Strong Sell111111
Total313131313131

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Jefferies
Jefferies
Buy
Maintains
₹10,920₹11,100
BuyMaintains₹10,920₹11,100+24.72%Jul 17, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
₹10,000
BuyMaintains₹10,000+12.36%Jul 6, 2026
Unknown Analyst
Geojit Research
No rating
Geojit Research
Hold
Maintains
₹10,019
HoldMaintains₹10,019+12.57%May 15, 2026

Financial Forecast

Revenue This Year
361.08B
from 288.84B
Increased by 25.01%
Revenue Next Year
421.87B
from 361.08B
Increased by 16.84%
EPS This Year
217.31
from 176.95
Increased by 22.81%
EPS Next Year
253.47
from 217.31
Increased by 16.64%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
122.04B141.08B180.39B224.08B288.84B361.08B
Revenue Growth
38.80%15.60%27.87%24.22%28.90%25.01%
Gross Profit
27.13B35.77B47.30B55.40B72.63B93.88B
Gross Margin
22.23%25.36%26.22%24.72%25.15%26.00%
Operating Income
10.65B16.43B22.47B26.70B37.16B44.00B
Net Income
9.09B12.71B17.84B20.20B26.72B32.71B
EPS
----176.95217.31
EPS Growth
----32.25%22.81%
Forward PE
34.7431.9842.3833.7234.4940.95
Dividend / Share
14.0020.0030.0035.0047.0054.20
Dividend Growth
-42.86%50.00%16.67%34.29%15.32%
Free Cash Flow
-2.15B6.52B1.34B5.89B16.20B9.43B
No. Analysts
-----29
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High379.0B
Avg361.1B
Low349.6B

Revenue Growth

Revenue Growth202720282029
High
31.2%
Avg
25.0%
Low
21.0%

EPS Forecast

EPS202720282029
High231.00
Avg217.31
Low206.30

EPS Growth

EPS Growth202720282029
High
30.5%
Avg
22.8%
Low
16.6%