Polycab India Limited (NSE:POLYCAB)
India flag India · Delayed Price · Currency is INR
8,219.00
+12.00 (0.15%)
Oct 16, 2026, 2:31 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 ₹9,901. The average 1-year stock price forecast is 20.46% higher than the current stock price, while the lowest is ₹6,490 (-21.04%) and the highest is ₹11,600 (+41.14%).

Price Target: ₹9,901 (+20.46%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹6,490₹9,901₹9,990₹11,600
Change-21.04%+20.46%+21.55%+41.14%
* 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
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy141414151418
Buy8899109
Hold888773
Sell000011
Strong Sell111100
Total313132323231

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Jefferies
Jefferies
Buy
Maintains
₹10,920 → ₹11,100
BuyMaintains₹10,920 → ₹11,100+35.05%Jul 17, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
₹10,000
BuyMaintains₹10,000+21.67%Jul 6, 2026
Unknown Analyst
Geojit Research
No rating
Geojit Research
Hold
Maintains
₹10,019
HoldMaintains₹10,019+21.90%May 15, 2026

Financial Forecast

Revenue This Year
378.12B
from 288.84B
Increased by 30.91%
Revenue Next Year
436.39B
from 378.12B
Increased by 15.41%
EPS This Year
233.27
from 176.95
Increased by 31.83%
EPS Next Year
260.89
from 233.27
Increased by 11.84%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
122.04B141.08B180.39B224.08B288.84B378.12B
Revenue Growth
38.80%15.60%27.87%24.22%28.90%30.91%
Gross Profit
27.13B35.77B47.30B55.40B72.63B98.93B
Gross Margin
22.23%25.36%26.22%24.72%25.15%26.16%
Operating Income
10.65B16.43B22.47B26.70B37.16B47.61B
Net Income
9.09B12.71B17.84B20.20B26.72B35.13B
EPS
----176.95233.27
EPS Growth
----32.25%31.83%
Forward PE
34.7431.9842.3833.7234.4935.23
Dividend / Share
14.0020.0030.0035.0047.0055.60
Dividend Growth
40.00%42.86%50.00%16.67%34.29%18.29%
Free Cash Flow
----23.01B10.80B
No. Analysts
-----28
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High393.2B
Avg378.1B
Low359.1B

Revenue Growth

Revenue Growth202720282029
High
36.1%
Avg
30.9%
Low
24.3%

EPS Forecast

EPS202720282029
High247.40
Avg233.27
Low222.12

EPS Growth

EPS Growth202720282029
High
39.8%
Avg
31.8%
Low
25.5%