Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Polycab India's Enterprise Value is ₹1,456,092 Mil.
Polycab India's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹38,451 Mil. Therefore, Polycab India's EV-to-EBIT ratio for today is 37.87.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Polycab India's Enterprise Value is ₹1,456,092 Mil.
Polycab India's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹42,310 Mil. Therefore, Polycab India's EV-to-EBITDA ratio for today is 34.41.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Polycab India's Enterprise Value is ₹1,456,092 Mil.
Polycab India's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ₹287,225 Mil. Therefore, Polycab India's EV-to-Revenue ratio for today is 5.07.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Polycab India's Enterprise Value is ₹1,456,092 Mil.
Polycab India's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹7,938 Mil. Therefore, Polycab India's EV-to-FCF ratio for today is 183.43.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Polycab India (NSE:POLYCAB) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Polycab India's current Enterprise Value is ₹1,456,092 Mil.
Polycab India's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹38,451 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Polycab India's current Enterprise Value is ₹1,456,092 Mil.
Polycab India's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹42,310 Mil.
Polycab India's current Enterprise Value is ₹1,456,092 Mil.
Polycab India's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹287,225 Mil.
Polycab India's current Enterprise Value is ₹1,456,092 Mil.
Polycab India's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹9,315 Mil.
Polycab India's current Enterprise Value is ₹1,456,092 Mil.
Polycab India's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹7,938 Mil.
* 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 Enterprise Value Related Terms
Polycab India Enterprise Value Historical Data
* Premium members only.
The historical data trend for Polycab India's Enterprise Value 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: Enterprise Value Comparison
For the Electrical Equipment & Parts subindustry, Polycab India's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Polycab India's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Polycab India's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Polycab India's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
What does a Enterprise Value of ₹1,456,092 Mil mean?
Polycab India (NSE:POLYCAB) has a Enterprise Value of ₹1,456,092 Mil as of Jul. 02, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Polycab India and its competitors.
Is Polycab India's Enterprise Value too high?
Polycab India's current Enterprise Value is ₹1,456,092 Mil. 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 Enterprise Value compare to VRT and BE?
Polycab India's Enterprise Value of ₹1,456,092 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for an Industrial Products company?
A good Enterprise Value depends on the Industrial Products industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Polycab India and its competitors. Polycab India's current Enterprise Value is ₹1,456,092 Mil. 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 ₹9,480.21, compared to a current price of ₹9,635.00 — trading 1.6% above its estimated fair value. The current Enterprise Value is ₹1,456,092 Mil. 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 Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Polycab India (NSE:POLYCAB), the current Enterprise Value is ₹1,456,092 Mil as of Jul. 02, 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 ₹9,635.00 is trading 1.6% above its estimated GF Value™ of ₹9,480.21.
GuruFocus considers Polycab India to be Fairly Valued.
Key valuation signals for NSE:POLYCAB:
Enterprise Value: ₹1,456,092 Mil
GF Value™: ₹9,480.21 vs. price of ₹9,635.00 (1.6% above fair value)
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
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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