Polycab India (BOM:542652) Dividend Payout Ratio: 0.91 (As of Jun. 2026) — 379% Above Median

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BOM:542652 Polycab India Ltd BOM:542652
98 GF Score
Price ₹9,009.25
GF Value ₹10,093.63
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Polycab India Dividend Payout Ratio?

Polycab India BOM:542652 +1.17% 98 Dividend Payout Ratio is 0.91 as of Jun. 2026, which is 379% above its 10-year median of 0.19. GuruFocus rates BOM:542652 with a GF Score™ of 98/100 and a GF Value™ of ₹10,093.63 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,725 Industrial Products companies, Polycab India ranks better than 70.67% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Polycab India's Dividend Payout Ratio for the months ended in Jun. 2026 was 0.91.

The historical rank and industry rank for Polycab India's Dividend Payout Ratio or its related term are showing as below:

BOM:542652' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.19   Max: 0.25
Current: 0.25

During the past 11 years, the highest Dividend Payout Ratio of Polycab India was 0.25. The lowest was 0.17. And the median was 0.19.

BOM:542652's Dividend Payout Ratio is ranked better than
70.67% of 1725 companies
in the Industrial Products industry
Industry Median: 0.37 vs BOM:542652: 0.25

As of today (2026-07-28), the Dividend Yield % of Polycab India is 0.52%.

During the past 11 years, the highest Trailing Annual Dividend Yield of Polycab India was 1.59%. The lowest was 0.26%. And the median was 0.46%.

Polycab India's Dividends per Share for the months ended in Jun. 2026 was ₹47.00.

During the past 12 months, Polycab India's average Dividends Per Share Growth Rate was -27.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 35.70% per year.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Polycab India was 44.20% per year. The lowest was 11.90% per year. And the median was 35.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Polycab India (BOM:542652) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Polycab India Dividend Payout Ratio Related Terms

Polycab India Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Polycab India's Dividend Payout Ratio 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.

Polycab India Dividend Payout Ratio Chart

Polycab India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.17 0.17 0.24 0.21

Polycab India Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.89 0.00 0.00 0.00 0.91

BOM:542652 vs VRT, BE: Dividend Payout Ratio Comparison

For the Electrical Equipment & Parts subindustry, Polycab India's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Polycab India's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Polycab India's Dividend Payout Ratio falls into.


BOM:542652
98GF Score
Polycab India Ltd BOM:542652
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Polycab India Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Polycab India's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2026 )/ EPS without NRI (A: Mar. 2026 )
=35/ 170.716
=0.21

Polycab India's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=47/ 51.94
=0.90

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.91 mean?
Polycab India (BOM:542652) has a Dividend Payout Ratio of 0.91 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Polycab India and its competitors. This is 379% above median its historical median of 0.19. Over the past decade, Polycab India's Dividend Payout Ratio has ranged from 0.17 to 0.25. According to the industry distribution chart, Polycab India ranks #506 out of 1725 companies in the Industrial Products industry, placing it in the top 29.3%.
Is Polycab India's Dividend Payout Ratio too high?
Polycab India's current Dividend Payout Ratio of 0.91 is 379% above median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.25. The Industrial Products industry median Dividend Payout Ratio is 0.37. Polycab India's value of 0.91 is 145.9% above this industry median. Based on the distribution chart, Polycab India ranks #506 out of 1725 companies in the Industrial Products industry, which is above the industry midpoint. 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 Dividend Payout Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Polycab India ranks #506 out of 1725 companies for Dividend Payout Ratio. This puts Polycab India in the upper half of its industry. The industry median Dividend Payout Ratio is 0.37. Polycab India's value of 0.91 is 145.9% above this benchmark. Historically, Polycab India's own Dividend Payout Ratio has ranged from 0.17 to 0.25 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 0.37, 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 Dividend Payout Ratio for an Industrial Products company?
The median Dividend Payout Ratio among Industrial Products companies is 0.37, based on 1,725 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Polycab India's current Dividend Payout Ratio of 0.91 is 145.9% 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Polycab India and its competitors. For the Industrial Products industry, the median Dividend Payout Ratio is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polycab India's current Dividend Payout Ratio is 0.91, which is 379% above median its own 10-year median of 0.19. 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 (BOM:542652) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹10,093.63, compared to a current price of ₹9,009.25 — trading 10.7% below its estimated fair value. The current Dividend Payout Ratio is 0.91, which is 379% above median its 10-year median of 0.19 and 145.9% above the Industrial Products industry median of 0.37. 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 Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Polycab India (BOM:542652), the current Dividend Payout Ratio is 0.91 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 (BOM:542652) Overvalued in 2026?

Based on GuruFocus' analysis, Polycab India stock appears to be undervalued. The current stock price of ₹9,009.25 is trading 10.7% below its estimated GF Value™ of ₹10,093.63. GuruFocus considers Polycab India to be Modestly Undervalued.

Key valuation signals for BOM:542652:

  • Dividend Payout Ratio: 0.91 (379% above median its 10-year median of 0.19)
  • GF Value™: ₹10,093.63 vs. price of ₹9,009.25 (10.7% below fair value)
  • GF Score™: 98/100 with 1 warning sign
  • Industry Position: 145.9% above the Industrial Products median (#506 of 1725)

No single metric tells the full story. See the BOM:542652 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Polycab India Business Description

Other Exchanges POLYCAB:India
Address No. 29, Tulsi Pipe Road, The Ruby, 21st Floor, Senapati Bapat Marg, Dadar (West), Mumbai, MH, IND, 400028
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 BOM:542652

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹9,009.25
Price
₹10,093.63
GF Value