Hello Friends! Are you looking to invest in the stock market, or have you already invested? Would you like to know the predictions regarding the potential fluctuations in your shares? If so, you have landed on exactly the right page. On this page, you will find information regarding Polycab share price target 2030, POLYCAB share Price RSI, Polycab share price history, Polycab share price screener, and much more. Furthermore, this page provides details on Polycab‘s share price targets 2026, 2027, 2028, 2029, 2030, 2040, and beyond.
Polycab Company Information
| Industry | Electrical equipment |
| Founded | 1964 |
| Headquarters | Mumbai, India |
| Key people | Inder T. Jaisinghani (Chairman and Managing Director) |
Polycab Share Price Target Overview
- Current Price – 8,970.50
- Open – 8,499.00
- High – 8,991.50
- Low – 8,450.00
- Mkt cap – 1.35LCr
- P/E ratio – 51.53
- 52-wk high – 8,991.50
- 52-wk low – 5,600.00
- Dividend – 0.39%
- Qtrly div amt – 8.74
Polycab Share Price Chart
Polycab Share Price Target Tomorrow
| Polycab Share Price Target Years | Polycab Share Price Target |
| 2026 | ₹9200 |
| 2027 | ₹12000 |
| 2028 | ₹15000 |
| 2029 | ₹18000 |
| 2030 | ₹21000 |
Polycab Share Price Target 2026
The target for Polycab’s share price in 2026 is projected to range between ₹9000 and ₹9200. As of the start of May 2026, Polycab’s share price stood at ₹8,970.50. Compared to the previous year, Polycab’s share price has witnessed an increase this year.
Polycab Share Price Target 2027
The target for Polycab’s share price in 2027 is projected to range between ₹11800 and ₹12000. On 7 May 2026, Polycab Share price NSE is 8,970.50 INR. Compared to last year, no significant difference has been observed in the share price of Polycab. The share price has increased by approximately 3000-3200 rupees.
Polycab Share Price Target 2030
The target for Polycab’s share price in 2030 is projected to range between ₹2070 and ₹21000. Over the past several years, the company has generated substantial profits, and investors, too, have earned handsome returns proportionate to their shareholdings. We remain optimistic that the company will continue to generate profits in the future, thereby ensuring continued returns for its investors.
Risks and Challenges Of Polycab Share Price
Here are 8 key factors affecting the growth of Polycab share price:
1. Raw Material Price Volatility
- Copper and aluminum are major raw materials for Polycab.
- Sharp fluctuations in metal prices can reduce profit margins and affect earnings visibility.
2. Rising Competition in Wires & Cables
- Big players like Aditya Birla Group and other companies are entering the cables and wires sector.
- Increased competition may create pricing pressure and reduce market share growth.
3. Export & Geopolitical Risks
- Polycab has meaningful export exposure, especially to the Middle East.
- Geopolitical tensions and global disruptions can affect export demand and supply chains.
4. Margin Pressure in FMEG Segment
- The FMEG business (fans, switches, lighting, etc.) faces strong competition from brands like Havells and Crompton.
- Aggressive pricing can hurt profitability.
5. Dependence on Infrastructure & Housing Demand
- Polycab’s business is closely linked to construction, real estate, and infrastructure spending.
- Slowdown in housing or industrial capex can impact sales growth.
6. High Valuation Risk
- The stock has traded at premium valuations because of strong growth expectations.
- If earnings growth slows, the share price may see sharp corrections.
7. Execution Risks in Expansion Plans
- Polycab is investing heavily in manufacturing expansion and new projects.
- Delays, cost overruns, or weak demand can affect returns on investment.
8. Market Volatility & Institutional Selling
- Large block deals, FII selling, and negative market sentiment can create short-term pressure on the stock.
- Even fundamentally strong stocks can fall sharply during weak market conditions.
Read Also:- Websol Energy Share Price Target Tomorrow From 2026 to 2030 – Current Chart, Market Overview
Key Factors Affecting Growth Polycab Share Price
Here are 8 key factors affecting the growth of Polycab share price:
1. Strong Demand in Wires & Cables Business
- Polycab’s core growth comes from its wires and cables segment, which contributes most of its revenue.
- Rising demand from housing, infrastructure, and industrial projects supports long-term growth.
2. Government Infrastructure Spending
- Government spending on power, railways, smart cities, and infrastructure directly benefits Polycab.
- Large infrastructure projects increase demand for cables and electrical products.
3. Expansion in FMEG Business
- Growth in fans, switches, lighting, solar products, and other electrical goods is helping Polycab diversify.
- The FMEG segment has shown strong momentum and improving profitability.
4. Market Share Gains
- Polycab is continuously gaining market share in the organized wires and cables industry.
- Strong brand value and distribution network help the company grow faster than competitors.
5. Exports & International Expansion
- The company is expanding globally and now exports to many countries.
- Growth in exports provides additional revenue opportunities beyond India.
6. Capacity Expansion & Project Spring
- Polycab is investing heavily in manufacturing expansion under “Project Spring.”
- Higher production capacity can support future revenue and profit growth.
7. Strong Financial Performance
- Consistent growth in revenue, profit, and margins improves investor confidence.
- Polycab has reported strong earnings growth in recent quarters.
8. Renewable Energy & Solar Opportunities
- Demand for solar cables, inverters, and renewable energy products is rising rapidly.
- Solar products are becoming one of the fastest-growing categories for Polycab.
Polycab Shareholding Pattern
| Promoter | 61.5% |
| FII | 18.2% |
| DII | 8% |
| Public | 12.3% |
Income Statement Of Polycab
|
All values in INR
|
Mar 2025
|
Jun 2025
|
Sep 2025
|
Dec 2025
|
|---|---|---|---|---|
|
Revenue
|
69.86B
|
59.06B
|
64.77B
|
76.36B
|
|
Cost of goods sold
|
52.44B
|
43.19B
|
47.21B
|
57.55B
|
|
Cost of revenue
|
52.44B
|
43.19B
|
47.21B
|
57.55B
|
|
Research and development expenses
|
–
|
–
|
–
|
–
|
|
Total research and development expenses
|
–
|
–
|
–
|
–
|
|
Selling, general, and admin expenses
|
2.36B
|
2.37B
|
2.65B
|
3.31B
|
|
Operating expense
|
7.89B
|
8.15B
|
8.26B
|
10.15B
|
|
Total operating expenses
|
60.33B
|
51.34B
|
55.47B
|
67.70B
|
|
Operating income
|
9.53B
|
7.72B
|
9.30B
|
8.66B
|
|
Other non operating income
|
-14.33M
|
-82.96M
|
-89.56M
|
-22.58M
|
|
EBT including unusual items
|
9.61B
|
8.01B
|
9.21B
|
8.42B
|
|
EBT excluding unusual items
|
9.43B
|
7.58B
|
9.04B
|
8.06B
|
|
Income tax expense
|
2.26B
|
2.01B
|
2.28B
|
2.12B
|
|
Effective tax rate
|
23.55%
|
25.09%
|
24.76%
|
25.18%
|
|
Other operating expenses
|
4.73B
|
4.93B
|
4.65B
|
5.78B
|
|
Net income
|
7.27B
|
5.92B
|
6.85B
|
6.22B
|
|
Net profit margin
|
10.40%
|
10.03%
|
10.58%
|
8.14%
|
|
Earnings per share
|
48.13
|
39.21
|
45.46
|
41.19
|
|
Interest and investment income
|
158.12M
|
189.05M
|
204.63M
|
199.28M
|
|
Interest expense
|
-268.91M
|
-394.05M
|
-315.52M
|
-577.71M
|
|
Net interest expenses
|
-110.79M
|
-205.00M
|
-110.89M
|
-378.43M
|
|
Depreciation and amortization charges
|
803.63M
|
857.03M
|
967.76M
|
1.06B
|
|
EBITDA
|
10.27B
|
8.51B
|
10.20B
|
9.65B
|
|
Gain or loss from assets sale
|
34.08M
|
-1.19M
|
23.60M
|
32.13M
|
Hi, I’m Ronak, a news writer covering the latest updates in automobiles, education, smartphones, and trending topics. I focus on delivering simple, clear, and timely news to keep readers informed about what’s happening around the world.