Polycab Share Price Target 2025, 2026, 2030, 2040, 2050
Polycab India Limited, a significant electrical company, makes wires and cables. The firm now handles FMEG and EPC projects. Polycab has been a major participant in the Indian industry because of its strong financial performance and expansion possibilities. This research examines Polycab fundamentals, key indicators, and peer comparisons to predict its share price projections for the following years.
What is Polycab India Ltd NSE: POLYCAB?
Contents
- 1 What is Polycab India Ltd NSE: POLYCAB?
- 2 Polycab Share Price Target Tomorrow
- 3 Polycab Share Price Target 2025
- 4 Polycab Share Price Target 2026
- 5 Share Price Target 2027
- 6 Share Price Target 2028
- 7 Share Price Target 2029
- 8 Polycab Share Price Target 2030
- 9 Share Price Target 2040
- 10 Share Price Target 2050
- 11 Should I Buy Polycab Stock?
- 12 Polycab India Earning Results
- 13 Key Details About Polycab Stock
- 14 Peers and Comparison
- 15 Expert Forecasts On The Future Of Polycab India
- 16 Is Polycab India Stock Good To Buy? (Bull Case & Bear Case)
- 17 Conclusion
- 18 FAQs
Polycab India Limited, a leading Indian electrical equipment manufacturer, sells wires and cables, electric fans, LED lights, switches, switchgear, and solar items. The organization is adaptable in the electrical industry since it does EPC projects. Polycab leads the wires and cables market domestically and internationally.
Company Overview
- Founded: 1996
- Headquarters: Mumbai, India
- Market Capitalization: Approximately ₹1,12,098 Crores
- Current Share Price: ₹7,434.40
- Industry: Electrical Equipment
| Current Price | Minimum Price Target | Maximum Price Target |
| 7,092 | -70.00 | +80.00 |
Polycab India Limited is a renowned electrical equipment brand. Wires, cables, and FMEG are among the company products. From manufacture to distribution, Polycab’s holistic strategy increases its market position. To offer high-quality goods quickly and affordably, Polycab uses current technologies and a competent team. In 2025, the price target for Polycab shares is expected to be ₹8,900.
The price will be between ₹5,100 to ₹8,900 as per our analysis.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2025 | 5,100 | 8,900 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
| January | 5100 | 5600 |
| February | 5400 | 6100 |
| March | 5700 | 6600 |
| April | 6000 | 7100 |
| May | 6300 | 7600 |
| June | 6600 | 8100 |
| July | 6900 | 8300 |
| August | 7200 | 8400 |
| September | 7500 | 8500 |
| October | 7800 | 8600 |
| November | 8100 | 8700 |
| December | 8400 | 8900 |
Due to its vast product line and market supremacy, Polycab India Limited dominates the electrical equipment industry. The organization innovates and maintains its offerings using technology and trained personnel. Polycab seeks competitiveness via smart expansions and high-quality manufacturing. The expected share price target in 2026 is ₹9,500.
Our study predicts a price range of ₹6,700 to ₹9,500.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2026 | 6,700 | 9,500 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
| January | 6,700 | 7,100 |
| February | 7,000 | 7,500 |
| March | 7,300 | 7,900 |
| April | 7,600 | 8,100 |
| May | 7,900 | 8,300 |
| June | 8,200 | 8,600 |
| July | 8,500 | 8,800 |
| August | 8,800 | 9,000 |
| September | 9,000 | 9,200 |
| October | 9,100 | 9,300 |
| November | 9,300 | 9,400 |
| December | 9,400 | 9,500 |
Polycab’s strong position in the electrical equipment market will likely keep it growing. The company offers a wide range of products, such as wires, cables, and FMEG items, and is expanding into new markets and products. Its focus on renewable energy and smart technologies, along with its involvement in infrastructure projects, will help the company perform well. In 2027, its stock price target would be ₹10600 as per our analysis.
By our prediction, its stock price would be between ₹9400 to ₹10600 in 2027.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2027 | 9400 | 10600 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 9400 | 9600 |
| February | 9510 | 9760 |
| March | 9653 | 9823 |
| April | 9720 | 9860 |
| May | 9755 | 9900 |
| June | 9880 | 10100 |
| July | 10000 | 10280 |
| August | 10190 | 10300 |
| September | 10250 | 10390 |
| October | 10310 | 10468 |
| November | 10410 | 10560 |
| December | 10510 | 10600 |
It is expected to strengthen its position as a leading domestic and international electrical market player. The rising demand for energy-efficient and renewable energy products, combined with its investments in smart grids and renewable technologies, is likely to boost its revenue streams. Furthermore, its ongoing market diversification and strong presence in the FMEG sector will support continued growth. Its ability to innovate and expand will position it for sustained success. In 2028, its stock price target would be ₹11800 as per our analysis.
By our prediction, its stock price would be between ₹10510 to ₹11800 in 2028.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2028 | 10510 | 11800 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 10510 | 10660 |
| February | 10590 | 10750 |
| March | 10650 | 10820 |
| April | 10720 | 10960 |
| May | 10870 | 11100 |
| June | 11000 | 11280 |
| July | 11187 | 11388 |
| August | 11278 | 11450 |
| September | 11350 | 11580 |
| October | 11500 | 11670 |
| November | 11602 | 11750 |
| December | 11730 | 11800 |
Its growth is expected to continue into 2029, as the company benefits from trends like smart cities, electric vehicles, and renewable energy. Its strong products, good financial health, and strategic plans to expand globally will help increase its value. With leadership in key products and a focus on adapting to new technology, It is likely to stay on its growth path. In 2029, its stock price target would be ₹12940 as per our analysis.
By our prediction, its stock price would be between ₹11730 to ₹12940 in 2029.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2029 | 11730 | 12940 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 11730 | 11855 |
| February | 11800 | 11900 |
| March | 11878 | 11988 |
| April | 11920 | 12050 |
| May | 12000 | 12220 |
| June | 12180 | 12360 |
| July | 12300 | 12560 |
| August | 12480 | 12688 |
| September | 12598 | 12780 |
| October | 12690 | 12865 |
| November | 12800 | 12880 |
| December | 12850 | 12940 |
Polycab India Limited, a prominent electrical company, sells wires, cables, and fast-moving electrical items. Strategic efforts and technological advances have helped the organization grow. Innovation and sustainability position Polycab for growth. The firm is predicted to acquire market share by 2030 using its strong brand equity, wide product range, and strategic investments. Its stock price target would be ₹16000 as per our analysis in 2030.
By our prediction, its stock price would be between ₹12850 to ₹16000 in 2030.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2030 | 12850 | 16,000 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
| January | 12850 | 13,500 |
| February | 13,300 | 14,000 |
| March | 13,600 | 14,500 |
| April | 13,900 | 14,800 |
| May | 14,200 | 15,100 |
| June | 14,500 | 15,300 |
| July | 14,800 | 15,500 |
| August | 15,100 | 15,600 |
| September | 15,300 | 15,700 |
| October | 15,500 | 15,800 |
| November | 15,700 | 15,900 |
| December | 15,900 | 16,000 |
Polycab India Limited, a major electrical supplier, offers a wide selection of wires, cables, and FMEG. Strategic efforts and technological advances have driven firm development. Polycab is predicted to develop significantly by 2040 because of its strong market position, sustainable technology innovation, and worldwide expansion. Its stock price target would be ₹24900 as per our analysis in 2040.
By our prediction, its stock price would be between ₹22000 to ₹24900 in 2040.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2040 | 22,000 | 24,900 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
| January | 22,000.00 | 22,500.00 |
| February | 22,263.64 | 22,718.18 |
| March | 22,527.27 | 22,936.36 |
| April | 22,790.91 | 23,154.55 |
| May | 23,054.55 | 23,372.73 |
| June | 23,318.18 | 23,590.91 |
| July | 23,581.82 | 23,809.09 |
| August | 23,845.45 | 24,027.27 |
| September | 24,109.09 | 24,245.45 |
| October | 24,372.73 | 24,463.64 |
| November | 24,636.36 | 24,681.82 |
| December | 24,900.00 | 24,900.00 |
Electrical equipment leader Polycab India Limited expands via innovation and strategic market development. The corporation is projected to use smart grids and renewable energy technologies to improve its products by 2050. Polycab sustainability and efficiency position it to capitalize on global electrical industry developments. Its stock price target would be ₹35800 as per our analysis in 2050.
By our prediction, its stock price would be between ₹31500 to ₹35800 in 2030.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2050 | 31,500 | 35,800 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
| January | 31,500.00 | 31,800.00 |
| February | 31,890.91 | 32,163.64 |
| March | 32,281.82 | 32,527.27 |
| April | 32,672.73 | 32,890.91 |
| May | 33,063.64 | 33,254.55 |
| June | 33,454.55 | 33,618.18 |
| July | 33,845.45 | 33,981.82 |
| August | 34,236.36 | 34,345.45 |
| September | 34,627.27 | 34,709.09 |
| October | 35,018.18 | 35,072.73 |
| November | 35,409.09 | 35,436.36 |
| December | 35,800.00 | 35,800.00 |
Should I Buy Polycab Stock?
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 5,100 | 8,900 |
| 2026 | 6,700 | 9,500 |
| 2027 | 9400 | 10600 |
| 2028 | 10510 | 11800 |
| 2029 | 11730 | 12940 |
| 2030 | 12850 | 16,000 |
| 2040 | 22,000 | 24,900 |
| 2050 | 31,500 | 35,800 |
Polycab India Limited, an electrical equipment company, has strong financial performance and market growth, making it an attractive investment. The firm grew 30.93% last year and 657.49% over five years. Polycab has an EPS of ₹119.03 and a solid P/E ratio of 63.2. Investor confidence is shown by the company’s outperformance of the sector and Sensex. Analysts advocate purchasing Polycab shares, predicting a price range of ₹8,340 to ₹9,047 by 2025. However, investors should consider market volatility and other economic concerns. Polycab’s strategic moves and financial health make it a viable electrical sector investment.
Polycab India Earning Results
| Quarter | Net Sales/Income from Operations (₹ Cr.) | Consumption of Raw Materials (₹ Cr.) | Net Profit (₹ Cr.) |
| Sep ’24 | 5,365.99 | 3,305.25 | 430.65 |
| Jun ’24 | 4,601.48 | 3,921.90 | 387.67 |
| Mar ’24 | 5,432.70 | 3,537.59 | 458.14 |
| Dec ’23 | 4,512.92 | 3,052.63 | 459.28 |
| Sep ’23 | 4,256.13 | 3,254.61 | 449.76 |
Key Details About Polycab Stock
| Metric | Value |
| Current Price (₹) | 7,522.15 |
| Market Capitalization (₹ Cr.) | 1,13139 |
| Earnings Per Share (EPS) – TTM (₹) | 119.03 |
| Price-to-Earnings (P/E) Ratio | 63.2 |
| Price-to-Book (P/B) Ratio | 13.66 |
| Dividend Yield (%) | 0.40 |
| Face Value (₹) | 10 |
| Beta | 0.9 |
Peers and Comparison
| Company | P/E Ratio | Market Cap (₹Cr.) | Dividend Yield (%) |
| Polycab India | 64.53 | 1,11,997.08 | 0.40 |
| KEI Industries | 68.67 | 42,887.83 | 0.07 |
| Finolex Cables | 37.32 | 20,252.23 | 0.60 |
Expert Forecasts On The Future Of Polycab India
- In 2025, analysts expect Polycab sales to rise 8.6% to ₹218.7 billion. This rise follows the company’s 18% annualized revenue growth tendency but is below the industry average of 21%.
- Polycab now focuses on switches, fans, and lights in addition to wires and cables. Diversification should boost income and minimize product line dependence.
- To leverage smart cities and electric automobiles, the corporation is investing in smart technology and sustainable energy. These innovations should boost development by 20303.
- Polycab aims to expand into China and Japan and concentrate on government-supported infrastructure projects.
- Strong foundations, market leadership, and strategic development into new product classes and markets are expected to raise Polycab’s share price between ₹24,179 to ₹34,322 by 2030.
Is Polycab India Stock Good To Buy? (Bull Case & Bear Case)
Bull Case:
- Polycab dominates India’s cable and wire sector, setting pricing and increasing profits.
- The firm is expanding into FMEG such lights, fans, and switches to increase revenue.
- Polycab develops green, tech-driven solutions for promising industries like renewable energy.
- Government infrastructure projects are projected to improve Polycab product demand and growth.
- Analysts anticipate strong sales and profit growth, with prices expected to reach ₹8,741 by 2025.
Bear Case:
- Copper and aluminum prices may affect margins and profitability.
- Polycab may struggle in the competitive FMEG market.
- Economic slowdowns or recessions may restrict infrastructure expenditure, reducing core product demand.
- Energy and emissions regulations may raise operations expenses.
- Financial and governance problems have arisen from recent tax probes.
Conclusion
Polycab India Limited’s strength in electrical equipment and smart expansion into fast-moving electrical items make it an attractive investment. The firm has significant growth potential, but investors should consider raw material instability and competition challenges. Polycab’s strong foundations and market ambitions make it an attractive long-term investment.
