Polycab Share Price Target and Growth Prospects: Polycab India Limited is one of the most prominent players in the electrical equipment industry, specializing in manufacturing wires and cables, electrical fans, LED lights, switches, switchgear, and solar products. The company is widely recognized for its robust market performance, strong financial growth, and an expanding product range. This article delves into Polycab’s share price predictions, highlighting expectations for the years 2025, 2026, 2027, 2028, 2029, 2030, 2040, and 2050. We’ll also provide insights into the company’s fundamentals, earnings, and its future trajectory based on market trends and expert forecasts.
Polycab Share Price Target 2025, 2026, 2027, 2028, 2029, 2030, 2040, 2050
Polycab Share Price Target 2025 8,900, 2026 9,500, 2027 10600, 2028 11800, 2029 12940, 2030 16,000, 2040 24,900, 2050 35,800. Polycab India Limited is an Indian electrical equipment company based in Mumbai, India. The company manufactures and sells electrical products, including wires and cables, electric fans, LED lighting and luminaires, switches and switchgear, solar products, and conduits and accessories..
- Stock price: POLYCAB (NSE) ₹5,541.60 +33.55 (+0.61%)
- Subsidiaries: Dowells Cable Accessories Private Limited · See more
- Headquarters: India
- Date founded: 1964
- Key people: Inder T. Jaisinghani (Chairman and Managing Director)
Polycab Share Price Target 2025 to 2050
| 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 |
Category: Stock Market
Company Overview of Polycab India Ltd (NSE: POLYCAB)
- Company Name: Polycab India Limited
- Founded: 1996
- Headquarters: Mumbai, India
- Market Capitalization: ₹1,12,098 Crores
- Industry: Electrical Equipment
- Key Products: Wires, Cables, Electrical Fans, LED Lights, Switchgear, Solar Equipment
Polycab stands out in the electrical equipment sector, offering a wide range of products from wires to electrical accessories. The company has also ventured into EPC (Engineering, Procurement, and Construction) projects, making it a diversified player in the electrical market.
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 |
Polycab Share Price Target for Tomorrow
- Current Price:₹7,092
- Price Range for Tomorrow:₹7,022 – ₹7,172
Polycab’s short-term price movements will depend on broader market conditions, but analysts forecast a modest fluctuation around this price range. The minimum target for tomorrow is ₹7,022, while the maximum expected price could reach ₹7,172.
Polycab Share Price Target for 2025
In 2025, Polycab’s share price is expected to reflect the company’s continuing growth in the electrical and FMEG sectors. The increasing demand for energy-efficient products and the company’s expansion into new markets should drive positive sentiment.
- Estimated Share Price Range:₹5,100 to ₹8,900
- Forecasted Annual Movement:
| Month |
Minimum Price (₹) |
Maximum Price (₹) |
| January |
5,100 |
5,600 |
| February |
5,400 |
6,100 |
| March |
5,700 |
6,600 |
| April |
6,000 |
7,100 |
| May |
6,300 |
7,600 |
| June |
6,600 |
8,100 |
| July |
6,900 |
8,300 |
| August |
7,200 |
8,400 |
| September |
7,500 |
8,500 |
| October |
7,800 |
8,600 |
| November |
8,100 |
8,700 |
| December |
8,400 |
8,900 |
Polycab’s comprehensive approach towards high-quality manufacturing and distribution should ensure steady price appreciation over the course of 2025. Its strong position in both the domestic and international markets allows it to leverage growth opportunities effectively.
Polycab Share Price Target for 2026
For 2026, Polycab is expected to maintain its dominance in the electrical equipment industry with a further focus on expanding its product range and improving manufacturing capabilities.
- Estimated Share Price Range:₹6,700 to ₹9,500
- Forecasted Annual Movement:
| 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 diversification into products like switches, fans, and LED lights will contribute significantly to its revenue growth in 2026, making the stock an attractive investment.
Polycab Share Price Target for 2027
By 2027, Polycab’s ongoing focus on renewable energy, smart technology, and expansion into new markets is expected to solidify its market position. This will likely result in sustained revenue growth and positive investor sentiment.
- Estimated Share Price Range:₹9,400 to ₹10,600
- Forecasted Annual Movement:
| Month |
Minimum Price (₹) |
Maximum Price (₹) |
| January |
9,400 |
9,600 |
| February |
9,510 |
9,760 |
| March |
9,653 |
9,823 |
| April |
9,720 |
9,860 |
| May |
9,755 |
9,900 |
| June |
9,880 |
10,100 |
| July |
10,000 |
10,280 |
| August |
10,190 |
10,300 |
| September |
10,250 |
10,390 |
| October |
10,310 |
10,468 |
| November |
10,410 |
10,560 |
| December |
10,510 |
10,600 |
With its established track record, Polycab is poised for continued growth, especially in its expanded product lines, which now include energy-efficient solutions.
Polycab Share Price Target for 2028
In 2028, Polycab’s focus on smart grids and renewable technologies is expected to lead to significant market growth, driven by demand for energy-efficient solutions and smart infrastructure.
- Estimated Share Price Range:₹10,510 to ₹11,800
- Forecasted Annual Movement:
| Month |
Minimum Price (₹) |
Maximum Price (₹) |
| January |
10,510 |
10,660 |
| February |
10,590 |
10,750 |
| March |
10,650 |
10,820 |
| April |
10,720 |
10,960 |
| May |
10,870 |
11,100 |
| June |
11,000 |
11,280 |
| July |
11,187 |
11,388 |
| August |
11,278 |
11,450 |
| September |
11,350 |
11,580 |
| October |
11,500 |
11,670 |
| November |
11,602 |
11,750 |
| December |
11,730 |
11,800 |
Polycab’s expansion into renewable energy markets will likely help the company leverage emerging trends in the smart and green technology sectors.
Polycab Share Price Target for 2029
In 2029, Polycab’s diversification into electric vehicles, smart cities, and other technology-driven sectors should boost its valuation, as these areas represent the future of energy consumption and infrastructure.
- Estimated Share Price Range:₹11,730 to ₹12,940
- Forecasted Annual Movement:
| Month |
Minimum Price (₹) |
Maximum Price (₹) |
| January |
11,730 |
11,855 |
| February |
11,800 |
11,900 |
| March |
11,878 |
11,988 |
| April |
11,920 |
12,050 |
| May |
12,000 |
12,220 |
| June |
12,180 |
12,360 |
| July |
12,300 |
12,560 |
| August |
12,480 |
12,688 |
| September |
12,598 |
12,780 |
| October |
12,690 |
12,865 |
| November |
12,800 |
12,880 |
| December |
12,850 |
12,940 |
Polycab’s strategic moves in the coming years will focus on adapting to newer technologies, ensuring long-term growth prospects.
Polycab Share Price Target for 2030
By 2030, Polycab India Limited is expected to harness its market share with strong brand equity and innovative product offerings. Its investment in smart grids and renewable energy solutions will likely drive substantial growth.
- Estimated Share Price Range:₹12,850 to ₹16,000
- Forecasted Annual Movement:
| Month |
Minimum Price (₹) |
Maximum Price (₹) |
| January |
12,850 |
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’s innovations and strong focus on sustainable technologies will likely elevate the company’s standing in the energy market by 2030.
Polycab Share Price Target for 2040
By 2040, Polycab is expected to see monumental growth, with a focus on smart grids, renewable energy, and technological innovation. This will help the company capitalize on global energy trends.
- Estimated Share Price Range:₹22,000 to ₹24,900
- Forecasted Annual Movement:
| Month |
Minimum Price (₹) |
Maximum Price (₹) |
| January |
22,000 |
22,500 |
| February |
22,263 |
22,718 |
| March |
22,527 |
22,936 |
| April |
22,790 |
23,154 |
| May |
23,054 |
23,372 |
| June |
23,318 |
23,591 |
| July |
23,582 |
23,809 |
| August |
23,845 |
24,027 |
| September |
24,109 |
24,245 |
| October |
24,373 |
24,464 |
| November |
24,636 |
24,682 |
| December |
24,900 |
24,900 |
Polycab’s continued expansion into new markets and its focus on sustainability and technology will position it for long-term success.
Polycab Share Price Target for 2050
By 2050, Polycab India Ltd. is expected to solidify its place as a leader in the electrical industry, driven by strategic innovations and a focus on smart grids and renewable energy technologies.
- Estimated Share Price Range:₹31,500 to ₹35,800
- Forecasted Annual Movement:
| Month |
Minimum Price (₹) |
Maximum Price (₹) |
| January |
31,500 |
31,800 |
| February |
31,891 |
32,164 |
| March |
32,282 |
32,527 |
| April |
32,673 |
32,891 |
| May |
33,064 |
33,255 |
| June |
33,455 |
33,618 |
| July |
33,845 |
33,982 |
| August |
34,236 |
34,345 |
| September |
34,627 |
34,709 |
| October |
35,018 |
35,073 |
| November |
35,409 |
35,436 |
| December |
35,800 |
35,800 |
Polycab’s future looks bright, with innovative and sustainable solutions positioning it to lead in the electrical equipment sector by 2050.
Who is the Polycab owner?
In 1983, the company formally entered the electrical goods manufacturing sector with the founding of Polycab Industries by Inder T. Jaisinghani and his brothers. A factory was established in Halol, Gujarat, for the production of PVC insulated wires and cables, copper and aluminum, and bare copper wire.
What is the salary of CEO of Polycab?
Polycab India’s CEO is Inder Jaisinghani, appointed in Aug 2019, has a tenure of 5.5 years. total yearly compensation is ₹303.46M, comprised of 21.1% salary and 78.9% bonuses, including company stock and options. directly owns 25.9% of the company’s shares, worth ₹228.69B.
Is Polycab better than Havells?
Polycab and Havells are both popular brands of electrical wires and cables in India. Polycab is India’s largest manufacturer of wires and cables. Both brands offer high-quality copper wires.
