Scrip Watch

Polycab India Limited

Scrip Sanctuaries for protection from the wildlife in this jungle of Indian Equities

Polycab India Limited

Fast Moving Electrical Goods

TTQ: 0.33 lakh

Polycab India Limited ( Rs Crores)
23/01/2020 CMP FV Market Cap 52W H 52 W L Share capital Net worth BV Total borrowings Total income PAT EPS P/BV P/E
Q3 20 1012 10 15052 1149 525 148.8 3755.8 252.4 84 2404 216.6 14.6 4 69.5
FY 19 1012 10 141.2 2855 202.2 191 8049 500 35.4 5 28.6

PIL is engaged in the business of manufacturing and selling wires and cables. It is the largest manufacturer of wires and cables in India and a growing player in FMEG (Fast-Moving Electrical Goods) space. The company manufactures and sells various types of cables, wires, electric fans, LED lighting and luminaires, switches and switchgears, solar products and conduits and accessories.

Polycab India Ltd Listed on April 16, 2019 at Rs. 633 and has given stellar returns since. Almost doubling in price since listing and providing a 14% growth in Profit After Tax this quarter .
A significant Portion of Polycab’s revenue comes from several orders of more than Rs 1 crore. At the same time, because Polycab is not dependent on a few large customers, and concentration risk is not a source of worry.

Polycab has been a consistent performer in the last 5 years as displayed below.

5 Year Financial Performance:

2019 2018 2017 2016 2015
Total Income 7956 6770 5494 5207 4708
PAT 500 358 240 188 160
EPS 35 25 17 13 11
Net Worth 2855 2347 2004 1785 1629

Share Holding Pattern:

Pre-IPO Post-IPO
Shares % holding Shares % holding
Promoters 9.36 66.30% 8.53 57.40%
Promoter Group 1.78 12.60% 1.67 11.30%
Others 2.9 21.10% 4.65 31.30%

Management: 

  1. Chairman and Managing Director: Inder Jaisinghani -He has been the Chairman and MD since 2014 and been a part of the company since 1997
  2. CFO and Full Time Director: Shyam Lal Bajaj- He has held several leadership positions in other companies being; Director, Finance at Vedanta and CFO at Hindustan Zinc.

Current Operating Infrastructure:

Manufacturing facilities 24
Manufacturing locations 7
Warehouse locations 30
Branch Offices 20
Authorized dealers and distributors 3100+
Retail outlets 1,00,000+

 

 

 

 

 

 

 

 

 

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