Cables next rally
Industry is experiencing robust demand environment and Polycab is well-positioned to capitalize on this favourable market dynamics.
India Ratings has improved the outlook on Polycab's credit rating to “positive” from the earlier “on watch with negative implication”
Polycab's in the process of calibrating new mid-term guidance and will be releasing the new guidance during the course of this financial year
RDSS Govt scheme will give good orderbook
Polycab working on 4 areas
Every quarter, Polycab adding new geography to supply its inventory
Working on 1000 to 1100cr capex to cater increased demand in next few years. 280Cr capex already done.
Capacity utilization in Q1 70-75%
In power transmission distribution sector, component of cable supply is high than other sectors. Cables 75% and wires 25% contribution.
Wire contribution would increase in upcoming quarters between 4 to 8 as real estate projects are in progress.
Framed index with Kei, Polycab, RRkabel, Fincables. Fib target is double of current. Target 29987.45 of this index.
India Ratings has improved the outlook on Polycab's credit rating to “positive” from the earlier “on watch with negative implication”
Polycab's in the process of calibrating new mid-term guidance and will be releasing the new guidance during the course of this financial year
RDSS Govt scheme will give good orderbook
Polycab working on 4 areas
- Improving our reach
- Product development
- Brand positioning
- Influencer management
Every quarter, Polycab adding new geography to supply its inventory
Working on 1000 to 1100cr capex to cater increased demand in next few years. 280Cr capex already done.
Capacity utilization in Q1 70-75%
In power transmission distribution sector, component of cable supply is high than other sectors. Cables 75% and wires 25% contribution.
Wire contribution would increase in upcoming quarters between 4 to 8 as real estate projects are in progress.
Framed index with Kei, Polycab, RRkabel, Fincables. Fib target is double of current. Target 29987.45 of this index.
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