Polycab India Ltd. Stock Analysis POLYCAB.NS

Polycab India Ltd. engages in the manufacture and sale of electric wires and cables. The company is headquartered in Mumbai, Maharashtra and currently employs 5,258 full-time employees. The company went IPO on 2019-04-16. The company is engaged in fast-moving electrical goods (FMEG). Its segment includes Wires and cables, FMEG, and Other. Wire and cable segment is engaged in the manufacturing and selling of wires and cables. FMEG segment is engaged in fans, light-emitting diode (LED) lighting and luminaires, switches, switchgear, solar products, pumps, conduits, and domestic appliances. Other segment consists of the engineering, procurement, and construction (EPC) business, which includes design, engineering, supply of materials, survey, execution and commissioning of power distribution, and rural electrification projects on a trunky basis. The company is also in the business of engineering, procurement, and construction (EPC) projects. The company owns over 28 manufacturing facilities, located across the states of Gujarat, Maharashtra, Uttarakhand, and the union territory of Daman. Its products include Flexible Wires, Building Wires LV and MV Power Cables, and others.