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F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comPolycab India Ltd is India’s largest wires and cables manufacturer and a fast-growing player in the Fast-Moving Electrical Goods (FMEG) segment. With strong brand equity, a diversified product portfolio, and rising demand from housing, infrastructure, and electrification projects, Polycab has emerged as a core long-term compounder in the Indian capital goods and consumer electrical space.
In this article, we present a detailed and SEO-friendly analysis of Polycab India Ltd share price targets from 2026 to 2030, backed by current market data, business fundamentals, industry trends, and long-term growth drivers.
| Detail | Value |
|---|---|
| Open | ₹7,840.50 |
| Previous Close | ₹7,798.00 |
| Day’s High | ₹7,840.50 |
| Day’s Low | ₹7,584.50 |
| VWAP | ₹7,654.88 |
| 52-Week High | ₹7,903.00 |
| 52-Week Low | ₹4,555.00 |
| All-Time High | ₹7,903.00 |
| All-Time Low | ₹525.15 |
| Market Capitalization | ₹1,16,584 Cr |
| Volume | 10,90,183 |
| Value (Lacs) | 84,429.22 |
| 20D Avg Volume | 3,11,348 |
| 20D Avg Delivery (%) | 51.72% |
| Face Value | ₹10 |
| Book Value Per Share | ₹703.72 |
| Dividend Yield | 0.45% |
| Beta | 1.16 |
Polycab India Ltd operates across two major segments:
Power cables
Control & instrumentation cables
Communication cables
Building wires
Fans, lighting, switches, switchgear
Solar solutions
Consumer electrical appliances
The company benefits from housing growth, renewable energy expansion, power transmission upgrades, and premiumization of electrical products.
Market leader in wires & cables with strong pricing power
Rapidly growing FMEG segment improving margin profile
Strong distribution network across urban and rural India
High return ratios and healthy balance sheet
Strong promoter holding and consistent execution
India’s electrical goods industry is supported by:
Housing and real estate revival
Government-led infrastructure spending
Renewable energy and power transmission projects
Shift from unorganized to organized players
Rising disposable incomes and premium electrical products
These structural tailwinds strongly favor Polycab’s long-term growth.
| Investor Type | Holding (%) |
|---|---|
| Promoters | 61.52% |
| Foreign Institutions | 13.97% |
| Retail & Others | 12.83% |
| Mutual Funds | 8.90% |
| Other Domestic Institutions | 2.79% |
High promoter and institutional ownership reflects strong confidence in Polycab’s long-term strategy and governance.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 8,600 | 9,500 |
| 2027 | 9,800 | 11,000 |
| 2028 | 11,200 | 12,800 |
| 2029 | 13,000 | 14,800 |
| 2030 | 15,000 | 17,000 |
These projections are based on sustained revenue growth, margin expansion from FMEG, operating leverage, and long-term valuation re-rating.
By 2026, Polycab is expected to benefit from housing demand and continued infrastructure investments.
Growth Drivers
Strong volume growth in wires & cables
Rising contribution from high-margin FMEG products
Improved capacity utilization
Investment View: Positive for medium-term investors.
2027 could reflect stronger profitability as FMEG scales further.
Growth Drivers
Expansion of product portfolio in consumer electricals
Premiumization and brand-led pricing power
Higher operating margins
Investment View: Attractive for long-term growth investors.
By 2028, Polycab may enter a higher valuation zone driven by consistent earnings growth.
Growth Drivers
Increased electrification and renewable projects
Strong replacement demand
Robust cash flow generation
Investment View: Suitable for portfolio compounding.
As India’s infrastructure and housing cycle matures, Polycab’s earnings visibility may strengthen.
Growth Drivers
Dominance in organized electrical goods market
Export opportunities
Continued FMEG margin expansion
Investment View: Ideal for long-term investors.
By 2030, Polycab could emerge as a pan-India electricals powerhouse with strong brand recall and profitability.
Growth Drivers
Long-term infrastructure and power sector growth
Strong ROCE and balance sheet
Leadership across wires, cables, and electrical goods
Investment View: Well-suited for long-term wealth creation.
Polycab represents a high-quality, scalable business with exposure to both infrastructure and consumer demand.
Market leadership in wires & cables
Fast-growing FMEG segment
Strong cash flows and balance sheet
Consistent earnings growth and governance
Copper and aluminum price volatility
Competitive pressure in FMEG segment
Economic slowdown affecting construction demand
Moderate volatility (Beta: 1.16)
Polycab India Ltd stands out as a structural growth story in India’s electrical and infrastructure ecosystem. With strong fundamentals, expanding margins, and long-term demand tailwinds, the company is well-positioned for sustained compounding.
Based on current trends and business strength, Polycab India Ltd share price could reach ₹15,000–₹17,000 by 2030, making it a compelling long-term investment for quality-focused investors.
1. What is the current share price of Polycab India Ltd?
It trades around the levels mentioned in the latest market data and changes daily.
2. What is the Polycab share price target for 2026?
The expected range is ₹8,600 to ₹9,500.
3. Is Polycab India Ltd good for long-term investment?
Yes, due to its market leadership, strong fundamentals, and growth visibility.
4. What is the Polycab share price target for 2030?
The projected range is ₹15,000 to ₹17,000.
5. What factors influence Polycab share price the most?
Infrastructure demand, housing growth, raw material prices, FMEG performance, and overall market sentiment.
Disclaimer: This article is for educational purposes only and does not constitute investment advice. Please consult a certified financial advisor before making any investment decisions.
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