Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Polycab India's earnings per share without non-recurring items for the
three
months ended in Jun. 2026 was ₹51.94.
Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Jun. 2026 was ₹188.78.
During the past 12 months, Polycab India's average earnings per share (NRI) Growth Rate was 30.40% per year.
During the past 3 years, the average earnings per share (NRI) Growth Rate was 28.30% per year.
During the past 5 years, the average earnings per share (NRI) Growth Rate was 27.60% per year.
During the past 10 years, the average earnings per share (NRI) Growth Rate was 28.20% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.
The historical rank and industry rank for Polycab India's EPS without NRI or its related term are showing as below:
NSE:POLYCAB'
s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: 15.4 Med: 28.85 Max: 43.7
Current: 28.3
During the past 11 years, Polycab India's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 43.70% per year. The lowest was 15.40% per year. And the median was 28.85% per year.
NSE:POLYCAB's 3-Year EPS without NRI Growth Rate is ranked better than 79.91% of 2414
companies
in the Industrial Products industry
Industry Median: 3.55
vs NSE:POLYCAB: 28.30
Polycab India's EPS (Diluted) for the
three
months ended in Jun. 2026 was ₹51.94.
Its EPS (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹190.59.
Polycab India's EPS (Basic) for the
three
months ended in Jun. 2026 was ₹52.09.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹191.11.
Polycab India (NSE:POLYCAB) EPS without NRI Explanation
EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.
Be Aware
Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.
If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.
Polycab India EPS without NRI Related Terms
Polycab India EPS without NRI Historical Data
* Premium members only.
The historical data trend for Polycab India's EPS without NRI 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: EPS without NRI Comparison
For the Electrical Equipment & Parts subindustry, Polycab India's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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 PE Ratio without NRI vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Polycab India's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Polycab India's PE Ratio without NRI falls into.
Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.
Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.
EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹188.78
* 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 EPS without NRI of ₹188.78 as of Jun. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Polycab India and its competitors. According to the industry distribution chart, Polycab India ranks #485 out of 2414 companies in the Industrial Products industry, placing it in the top 20.1%.
Is Polycab India's EPS without NRI too high?
Polycab India's current EPS without NRI is ₹188.78. Based on the distribution chart, Polycab India ranks #485 out of 2414 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Polycab India has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Polycab India's EPS without NRI compare to VRT and BE?
According to the Industrial Products industry distribution chart, Polycab India ranks #485 out of 2414 companies for EPS without NRI. This places Polycab India in the top 20% of its industry — outperforming the majority of peers. The industry median EPS without NRI is 3.55. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EPS without NRI for an Industrial Products company?
The median EPS without NRI among Industrial Products companies is 3.55, based on 2,414 companies in the industry. Companies in the top quartile (top 25%) have a EPS without NRI significantly above this median, while those in the bottom quartile fall well below. However, EPS without NRI 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 EPS without NRI mean?
A high EPS without NRI can signal that a stock is expensive relative to its fundamentals. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Polycab India and its competitors. For the Industrial Products industry, the median EPS without NRI is 3.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polycab India's current EPS without NRI is ₹188.78. 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 Modestly Undervalued. The stock's GF Value™ is ₹10,038.51, compared to a current price of ₹8,862.00 — trading 11.7% below its estimated fair value. The current EPS without NRI is ₹188.78. Polycab India's overall GF Score™ is 98/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EPS without NRI calculated?
EPS without NRI is calculated from a company's financial statements. For Polycab India (NSE:POLYCAB), the current EPS without NRI is ₹188.78 as of Jun. 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 undervalued.
The current stock price of ₹8,862.00 is trading 11.7% below its estimated GF Value™ of ₹10,038.51.
GuruFocus considers Polycab India to be Modestly Undervalued.
Key valuation signals for NSE:POLYCAB:
EPS without NRI: ₹188.78
GF Value™: ₹10,038.51 vs. price of ₹8,862.00 (11.7% below 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.
98GF Score
Get the complete analysis for NSE:POLYCAB
EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:POLYCAB has been successfully added to your 
