Polycab India Limited (NSE:POLYCAB)
India flag India · Delayed Price · Currency is INR
9,240.00
-57.00 (-0.61%)
Aug 14, 2026, 3:15 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 ₹10,061. The average 1-year stock price forecast is 8.89% higher than the current stock price, while the lowest is ₹6,490 (-29.76%) and the highest is ₹11,900 (+28.79%).

Price Target: ₹10,061 (+8.89%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹6,490₹10,061₹10,150₹11,900
Change-29.76%+8.89%+9.85%+28.79%
* Price targets were last updated on Jul 17, 2026.

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 Buy191716141414
Buy677889
Hold457888
Sell110000
Strong Sell111111
Total313131313132

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Jefferies
Jefferies
Buy
Maintains
₹10,920₹11,100
BuyMaintains₹10,920₹11,100+20.13%Jul 17, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
₹10,000
BuyMaintains₹10,000+8.23%Jul 6, 2026
Unknown Analyst
Geojit Research
No rating
Geojit Research
Hold
Maintains
₹10,019
HoldMaintains₹10,019+8.43%May 15, 2026

Financial Forecast

Revenue This Year
362.07B
from 288.84B
Increased by 25.36%
Revenue Next Year
423.00B
from 362.07B
Increased by 16.83%
EPS This Year
218.66
from 176.95
Increased by 23.57%
EPS Next Year
254.59
from 218.66
Increased by 16.43%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
122.04B141.08B180.39B224.08B288.84B362.07B
Revenue Growth
38.80%15.60%27.87%24.22%28.90%25.36%
Gross Profit
27.13B35.77B47.30B55.40B72.63B95.03B
Gross Margin
22.23%25.36%26.22%24.72%25.15%26.25%
Operating Income
10.65B16.43B22.47B26.70B37.16B44.27B
Net Income
9.09B12.71B17.84B20.20B26.72B32.75B
EPS
----176.95218.66
EPS Growth
----32.25%23.57%
Forward PE
34.7431.9842.3833.7234.4942.26
Dividend / Share
14.0020.0030.0035.0047.0054.62
Dividend Growth
40.00%42.86%50.00%16.67%34.29%16.21%
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
High386.2B
Avg362.1B
Low351.4B

Revenue Growth

Revenue Growth202720282029
High
33.7%
Avg
25.4%
Low
21.6%

EPS Forecast

EPS202720282029
High237.90
Avg218.66
Low206.30

EPS Growth

EPS Growth202720282029
High
34.4%
Avg
23.6%
Low
16.6%