Proprietary AI analyst is now available
- Public Comps
- Polycab India
Polycab India Valuation Multiples
Discover Polycab India's revenue and EBITDA valuation multiples and M&A history, alongside public comparables like TCL, ABB India, Motherson Group, Regal Rexnord and more.
Polycab India Overview
About Polycab India
Polycab India Ltd is engaged in the business of manufacturing and selling wires and cables and fast moving electrical goods under the POLYCAB brand. The business activities are carried out through Wires and cables, Fast moving electrical goods (FMEG), and the EPC segment. It generates maximum revenue from the Wires and cables segment. Geographically, it derives a majority of revenue from India. Some of its products include Power cables, Control Cables, Instrumentation Cables, Optical Fibre Cables (OFC), Solar Cables, Building Cables, Flexible Wires, and others.
Founded
1996
HQ

Employees
5.3K
Website
Financials (LTM)
EV
$15B
Valuation Multiples
Start free trialPolycab India Financials
Polycab India reported last 12-month revenue of $3B and EBITDA of $436M.
In the same LTM period, Polycab India generated $853M in gross profit, $436M in EBITDA, and $292M in net income.
Revenue (LTM)
Polycab India P&L
In the most recent fiscal year, Polycab India reported revenue of $3B and EBITDA of $436M.
Polycab India is profitable as of last fiscal year, with gross margin of 21%, EBITDA margin of 14%, and net margin of 9%.
Financial data powered by Morningstar, Inc.
Polycab India Stock Performance
Polycab India has current market cap of $15B, and enterprise value of $15B.
Market Cap Evolution
Polycab India's stock price is $101.06.
Polycab India share price increased by 1.2% in the last 30 days, and by 42.6% in the last year.
Polycab India has an EPS (earnings per share) of $1.88.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $15B | $15B | 0.6% | 1.2% | 38.0% | 42.6% | $1.88 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialPolycab India Valuation Multiples
Polycab India trades at 4.8x EV/Revenue multiple, and 35.0x EV/EBITDA.
EV / Revenue (LTM)
Polycab India Financial Valuation Multiples
As of June 5, 2026, Polycab India has market cap of $15B and EV of $15B.
Polycab India has a P/E ratio of 52.2x.
Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Polycab India Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Polycab India Margins & Growth Rates
Polycab India grew revenue by 19% and EBITDA by 13% in the last fiscal year.
In the most recent fiscal year, Polycab India reported gross margin of 21%, EBITDA margin of 14%, and net margin of 9%.
Polycab India Margins
Polycab India Growth Rates
Data powered by FactSet, Inc. and Morningstar, Inc.
Polycab India Operational KPIs
Polycab India's revenue per employee in the last FY averaged $0.6M, while opex per employee averaged $0.0M for the same period.
Polycab India's Rule of 40 is 39% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Polycab India's Rule of X is 76% (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Data powered by FactSet, Inc. and Morningstar, Inc.
Polycab India Competitors
Polycab India competitors include TCL, ABB India, Motherson Group, Regal Rexnord, Shenzhen Sunway, Fuji Electric Co., Belimo, Siemens India, Zhen Ding Tech and Anhui Tongguan Copper.
Most Polycab India public comparables operate across Electrical Parts & Equipment and Consumer Electronics.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| 1.2x | 1.1x | 5.6x | 5.5x | |||
| 10.6x | 10.5x | 61.0x | 67.7x | |||
| 1.2x | 1.2x | 12.6x | 12.8x | |||
| 3.2x | 3.1x | 14.3x | 14.0x | |||
| 10.8x | 10.0x | 61.4x | 60.9x | |||
| 2.0x | 1.8x | 11.4x | 11.2x | |||
| 9.4x | 9.0x | 38.9x | 36.7x | |||
| 5.0x | 5.2x | 35.6x | 49.2x | |||
This data is available for Pro users. Sign up to see all Polycab India competitors and their valuation data. Start Free Trial | ||||||
Acquisitions by Polycab India
Polycab India has acquired 1 company to date.
Last acquisition by Polycab India was on June 18th 2021. Polycab India acquired Silvan Innovation Labs for $2M (EV/Revenue multiple available to Pro users).
Latest Acquisitions by Polycab India
| Description | Silvan Innovation Labs is a Bengaluru-based provider of smart home automation systems for residences, offices, and hotels. The company integrates lighting, security, HVAC, and entertainment controls via its proprietary platform. Launched in 2012, Silvan deploys IoT solutions in over 500 Indian properties, partnering with real estate developers like Sobha and Prestige for seamless retrofit and new-build installations. |
| HQ Country | |
| HQ City | Bangalore |
| Deal Date | 18 Jun 2021 |
| Valuation | $2M |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Polycab India acquisitions and their M&A valuation multiples. Start Free Trial | |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout Polycab India
| When was Polycab India founded? | Polycab India was founded in 1996. |
| Where is Polycab India headquartered? | Polycab India is headquartered in India. |
| How many employees does Polycab India have? | As of today, Polycab India has over 5K employees. |
| Who is the CEO of Polycab India? | Polycab India's CEO is Gandharv Tongia. |
| Is Polycab India publicly listed? | Yes, Polycab India is a public company listed on National Stock Exchange of India. |
| What is the stock symbol of Polycab India? | Polycab India trades under POLYCAB ticker. |
| When did Polycab India go public? | Polycab India went public in 2019. |
| Who are competitors of Polycab India? | Polycab India main competitors include TCL, ABB India, Motherson Group, Regal Rexnord, Shenzhen Sunway, Fuji Electric Co., Belimo, Siemens India, Zhen Ding Tech, Anhui Tongguan Copper. |
| What is the current market cap of Polycab India? | Polycab India's current market cap is $15B. |
| What is the current revenue of Polycab India? | Polycab India's last 12 months revenue is $3B. |
| What is the current revenue growth of Polycab India? | Polycab India revenue growth (NTM/LTM) is 19%. |
| What is the current EV/Revenue multiple of Polycab India? | Current revenue multiple of Polycab India is 4.8x. |
| What is the current EBITDA of Polycab India? | Polycab India's last 12 months EBITDA is $436M. |
| What is Polycab India's EBITDA margin? | Polycab India's last 12 months EBITDA margin is 14%. |
| What is the current EV/EBITDA multiple of Polycab India? | Current EBITDA multiple of Polycab India is 35.0x. |
| What is the current FCF of Polycab India? | Polycab India's last 12 months FCF is $198M. |
| What is Polycab India's FCF margin? | Polycab India's last 12 months FCF margin is 6%. |
| What is the current EV/FCF multiple of Polycab India? | Current FCF multiple of Polycab India is 77.0x. |
| How many companies Polycab India has acquired to date? | As of June 2026, Polycab India has acquired 1 company. |
| What was the largest acquisition by Polycab India? | $2M acquisition of Silvan Innovation Labs on 18th June 2021 was the largest M&A Polycab India has done to date. |
| What companies Polycab India acquired? | Polycab India acquired Silvan Innovation Labs. |
| In how many companies Polycab India has invested to date? | Polycab India hasn't invested in any companies yet (or none have been disclosed publicly). |
See public comps similar to Polycab India
Lists including Polycab India
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.
