Polycab IndiaNSE:POLYCAB -1.67%96 EBITDA Margin % is 13.78% as of Mar. 2026, which is 2% below its 10-year median of 13.99. GuruFocus rates NSE:POLYCAB with a GF Score™ of 96/100 and a GF Value™ of ₹9,440.37 (Fairly Valued). The stock has 6 warning signs investors should review. Among 3,039 Industrial Products companies, Polycab India ranks better than 70.38% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. Polycab India's EBITDA for the
three
months ended in Mar. 2026 was ₹12,217 Mil. Polycab India's Revenue for the
three
months ended in Mar. 2026 was ₹88,645 Mil. Therefore, Polycab India's EBITDA margin for the quarter that ended in Mar. 2026 was 13.78%.
Polycab India (NSE:POLYCAB) EBITDA Margin % Explanation
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
Polycab India EBITDA Margin % Related Terms
Polycab India EBITDA Margin % Historical Data
* Premium members only.
The historical data trend for Polycab India's EBITDA Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:POLYCAB vs VRT, BE: EBITDA Margin % Comparison
For the Electrical Equipment & Parts subindustry, Polycab India's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Polycab India EBITDA Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Polycab India's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where Polycab India's EBITDA Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Polycab India (NSE:POLYCAB) has a EBITDA Margin % of 13.78% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Polycab India and its competitors. This is near median its historical median of 13.99. Over the past decade, Polycab India's EBITDA Margin % has ranged from 10.28 to 15.18. According to the industry distribution chart, Polycab India ranks #900 out of 3039 companies in the Industrial Products industry, placing it in the top 29.6%.
Is Polycab India's EBITDA Margin % too high?
Polycab India's current EBITDA Margin % of 13.78% is near median its 10-year median of 13.99. Over the past 10 years, this metric has ranged from a low of 10.28 to a high of 15.18. The Industrial Products industry median EBITDA Margin % is 9.45. Polycab India's value of 13.78% is 45.8% above this industry median. Based on the distribution chart, Polycab India ranks #900 out of 3039 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Polycab India has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Polycab India's EBITDA Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Polycab India ranks #900 out of 3039 companies for EBITDA Margin %. This puts Polycab India in the upper half of its industry. The industry median EBITDA Margin % is 9.45. Polycab India's value of 13.78% is 45.8% above this benchmark. Historically, Polycab India's own EBITDA Margin % has ranged from 10.28 to 15.18 over the past decade. While the company's 10-year median is 13.99 vs. the industry median of 9.45, Polycab India has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for an Industrial Products company?
The median EBITDA Margin % among Industrial Products companies is 9.45, based on 3,039 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Polycab India's current EBITDA Margin % of 13.78% is 45.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Polycab India and its competitors. For the Industrial Products industry, the median EBITDA Margin % is 9.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polycab India's current EBITDA Margin % is 13.78%, which is near median its own 10-year median of 13.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polycab India stock overvalued right now?
Based on GuruFocus' analysis, Polycab India (NSE:POLYCAB) is currently considered Fairly Valued. The stock's GF Value™ is ₹9,440.37, compared to a current price of ₹9,531.00 — trading 1% above its estimated fair value. The current EBITDA Margin % is 13.78%, which is near median its 10-year median of 13.99 and 45.8% above the Industrial Products industry median of 9.45. Polycab India's overall GF Score™ is 96/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Polycab India (NSE:POLYCAB), the current EBITDA Margin % is 13.78% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Polycab India (NSE:POLYCAB) Overvalued in 2026?
Based on GuruFocus' analysis, Polycab India stock appears to be overvalued.
The current stock price of ₹9,531.00 is trading 1% above its estimated GF Value™ of ₹9,440.37.
GuruFocus considers Polycab India to be Fairly Valued.
Key valuation signals for NSE:POLYCAB:
EBITDA Margin %: 13.78% (near median its 10-year median of 13.99)
GF Value™: ₹9,440.37 vs. price of ₹9,531.00 (1% above fair value)
Industry Position: 45.8% above the Industrial Products median (#900 of 3039)
No single metric tells the full story. See the NSE:POLYCAB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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, and also has its presence Overseas. Some of its products include Power cables, Control Cables, Instrumentation Cables, Optical Fibre Cables (OFC), Solar Cables, Building Cables, Flexible Wires, and others.
96GF Score
Get the complete analysis for NSE:POLYCAB
EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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