To the full analysis
Polycab India stock: growth
POLYCAB.NSPolycab India reported $3.07B in revenue for fiscal 2026, up 28.9% on the prior year, up 26.9% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
16.3%
per year from 2014 to 2026, per share 15.7%
Earnings (Annual rate)
26.2%
per year from 2014 to 2026, per share 25.5%
Free cash flow (Annual rate)
no data
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2021 | since 2016 | since 2014 | |
|---|---|---|---|
| Revenue | 26.9% | 18.7% | 16.3% |
| Revenue per share | 26.6% | 17.9% | 15.7% |
| Earnings | 24.8% | 30.6% | 26.2% |
| Earnings per share | 25.8% | 29.8% | 25.5% |
| Free cash flow | no data | no data | no data |
| Free cash flow per share | no data | no data | no data |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2014 | $500.35M | $17.46M | $21.73M |
| 2015 | $500.35M | $17.46M | −$5.67M |
| 2016 | $552.96M | $19.64M | −$3.02M |
| 2017 | $584.6M | $24.73M | $1.83M |
| 2018 | $719.61M | $38.05M | $17.43M |
| 2019 | $848.77M | $53.11M | $100.32M |
| 2020 | $938.52M | $80.68M | −$4.84M |
| 2021 | $934.51M | $93.76M | $112.55M |
| 2022 | $1.3B | $96.57M | −$1.6M |
| 2023 | $1.5B | $135.07M | $100.77M |
| 2024 | $1.92B | $189.62M | $46.52M |
| 2025 | $2.38B | $214.7M | $89.17M |
| 2026 | $3.07B | $284.01M | −$85.16M |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 Mar 2026
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = ₹94.0836)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 2 Oct 2026)
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.