Capital GoodsLarge capRs 125,901 crRs 285.0 cr traded a dayManufacturing
Close on 10 September 2026
8,358.00
+0.05%
52-week range49% of the way up
6,722.0010,083.00
Market cap
125,901 cr
P/E (TTM)
43.3×
industry 48×
EPS (TTM)
192.88
Revenue YoY
+39.0%
Q1 FY27
Profit YoY
+32.8%
Net margin
9.7%
-0.5pt vs a year ago
Growth trend
+12.1pt
vs last quarter’s YoY
1 month
-10.0%
Below 52w high
20.6%
RSI (14)
34
Daily swing
2.8%
average true range
Volume
0.7×
vs 20-day average
Traded
Rs 285 cr
median day
Close200-day averageMaterial filing
260 sessions · hover for the filing behind a move
Key metrics
each ranked against every stock scanned tonight
Above the 200-day average
Below the median
+0.2%
One-year return
Above the median
+9.2%
Return on capital employed
Top of the universe
31.9%
Debt to equity
Above the median
0.01×
Profitable quarters, last four
of the last four reported
4 of 4
Cash conversion
cash from operations against reported profit
131%
Revenue growth, year on year
latest reported quarter
+39.0%
Below the 52-week high
from the highest close of the year
-17.1%
1 week
−5.10%
1 month
−10.02%
3 months
−12.54%
6 months
+13.34%
1 year
+9.16%
The read
written from the numbers on this page
The evidence leans constructive6 supporting, 3 against, 1 worth knowing
Supporting
trading 0% above its 200-day average
up 9% over twelve months
matches profit that turns into cash, which has beaten the market by +2.73 points over 20 sessions across 9,184 past signals
8 of the scans it matches have a positive measured record
3 independent kinds of evidence agree today, which is uncommon
revenue grew 39% year on year in the quarter ending 30 June 2026
Against
1 of the scans it matches has historically underperformed the market
net margin has narrowed from 10.7% to 9.7% across four quarters
holders are unwinding longs quietly
Worth knowing
the 50-day and 200-day averages disagree, which usually means a turn in progress rather than a trend to lean on
POLYCAB sits in Manufacturing — worth checking whether the whole group is moving together or whether this name is doing it alone.
What would change this read: a close below 8,343, its 200-day average.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.
What is working, what is not
from the filings and from the price, with the figure behind every line
Working5
Revenue rose 39.0% year on year, from Rs 5,906 cr to Rs 8,210 cr.
+39.0%Rs 5,906 crRs 8,210 cr
Net profit rose 32.8% year on year, from Rs 600 cr to Rs 797 cr.
+32.8%Rs 600 crRs 797 cr
Profit rose year on year in all 4 of the last 4 quarters.
4
3 different kinds of evidence point at it tonight, not 3 versions of the same one.
3 families
Rs 285 crore changes hands on a median day, so an ordinary order is not the reason it moves.
Rs 285 cr
Needs watching2
Wires and Cables accounted for 87% of segment revenue.
Wires and Cables87%
Down over three months despite being up on the year.
-12.5% 3M+9.2% 1Y
Every figure here is computed — from the company’s own filings, or from its own closing prices. Wording of 4 of these 4 filing lines was drafted by a language model, which is given the figures and may not introduce another — any sentence containing a number that did not come from the filings is discarded before it reaches this page.
How it has performed
price return over each window, beside the median NSE stock over the same days
What the scans say today
10 of 47 matched on 10 Sep
POLYCAB matches 10 of the 47 scans today, across 3 different kinds of evidence. Three or more independent families agreeing is uncommon — it is the same test the shortlist on every page uses.
segments and revenue mix, as the company reports them
POLYCAB reports 3 business segments. The largest is Wires and Cables at 87% of revenue in the quarter ending 30 June 2026. On these numbers this is effectively a single-segment business, so the group result and that segment’s result move together.
SegmentRevenueSharevs a year ago
Wires and Cables7,202 cr87.1%—
FMEG761 cr9.2%—
EPC308 cr3.7%—
Segment names are the company’s own, taken verbatim from the reportable-segment disclosure in its quarterly XBRL filing. Nothing on this page describes the business in words we wrote.
Quality of the business
balance sheet as at 31 March 2026
Return on equity
24.2%
trailing profit over shareholders’ funds
Return on capital
31.9%
pre-tax profit over equity plus borrowings
Debt to equity
0.01×
132 cr borrowed against 12,009 cr of equity
Net debt
258 cr
cash exceeds borrowings
Cash conversion
131%
operating cash flow as a share of profit
Receivable days
44
how long customers take to pay
Return on capital uses profit before tax over equity plus borrowings. The textbook version adds finance costs back; those are not tagged reliably in quarterly filings, so this understates the ratio for a heavily borrowed company rather than flattering it. Balance sheets are filed half-yearly, so these can be up to six months behind the profit figures above.
Valuation against its own history
500 sessions since 26 September 2024
40×
median 47×
61×
now 43×
POLYCAB trades at 43× trailing earnings, close to its median of 47× over this window. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.
Other filing filings were typically +0.01pt vs the market over the next 5 sessions (n=17,202) · Analyst call filings were typically +0.11pt vs the market over the next 5 sessions (n=4,339)
The business
from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.
Going for it
revenue grew 39% against the same quarter a year earlier
profit rose 33% year on year
net margin widened from 8.9% to 9.7%
revenue rose in 3 of the last 4 quarters
Going against it
nothing clear in the filed numbers
Quarter-by-quarter numbers, as filed
Quarter
Revenue
Profit before tax
Net profit
EPS
Net margin
Q1 FY27
30 Jun · consolidated
8,210
1,058
797
52.09
9.7%
Q4 FY26
31 Mar · consolidated
8,864
1,049
786
52.18
8.9%
Q3 FY26
31 Dec · consolidated
7,636
842
630
41.30
8.3%
Q2 FY26
30 Sep · consolidated
6,477
921
693
45.54
10.7%
Q1 FY26
30 Jun · consolidated
5,906
801
600
39.36
10.2%
Q4 FY25
31 Mar · consolidated
6,986
961
734
48.31
10.5%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.
Where the price stands
the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average-7.8%
Versus 200-day average+0.2%
Below 52-week high-17.1%
Above 52-week low+24.3%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)33.8
Higher closes in last 52 of 5
Six-month return+13.34%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)2.81%
Volume versus 20-day0.7x
Median daily turnoverRs 285.0 cr
Derivatives
near expiry 2026-09-29 · 2026-09-10
Long Unwinding
Price down, open interest down. Holders are leaving quietly. Less violent than a short buildup, and easier to miss.
Futures basis versus spot-0.19%
Open interest change-0.2%
Put / call ratio0.57
Put wall (support)8,500
Call wall (resistance)9,000
Max pain8,500
How to read this
Open interest is contracts still open, so a rise means new positions and a fall means positions closing. Combined with price direction that gives the state on the left. The walls are the strikes carrying the most open interest near expiry — levels other people are watching, not levels the price is obliged to respect. A future below spot means sellers are paying to be short.
Peers
Capital Goods · 110 classified companies
POLYCAB trades at 43.3× trailing earnings against an industry median of 48.2× across 103 other classified companies in its industry — priced roughly in line with them. A multiple is a statement about expectations, not about quality: cheap usually means the market expects less, and it is often right.
largest twelve by market capitalisation. Market cap and P/E need filed financials, so blanks are companies whose filings have not been read yet
Recent sessions
what this stock has matched since the engine went live
This is the live record, not the backtest — the scans this stock actually appeared in on each stored session. A name that keeps reappearing is in a persistent condition; a one-day appearance usually is not.