Polycab India Limited vs KEI Industries Limited
An objective side-by-side of POLYCAB and KEI, both in Cables - Power: valuation, profitability, growth, balance sheet, ownership and share-price performance. Where one number is clearly better on its own terms (lower P/E, higher ROE), it is shaded. That is a description, not a recommendation.
Prices as of 2026-11-06 close
Latest results: POLYCAB Sep 2026 · KEI Sep 2026
At a glance
- Polycab India Limited is the larger company by market value, about 3.1 times the size of KEI Industries Limited.
- On trailing earnings, KEI Industries Limited trades at the lower P/E (36.1 against 37.0).
- Polycab India Limited earns the higher return on equity (24.5% against 14.7%).
- Over three years Polycab India Limited has grown profits faster (27% a year against 24%).
- Over the past year the share prices returned +2.2% (POLYCAB) and -1.1% (KEI).
| Metric | Polycab India POLYCAB |
KEI Industries KEI |
|---|---|---|
| Size and price | ||
| Market cap | ₹118,613 Cr | ₹38,143 Cr |
| Share price | ₹7,871.00 | ₹3,988.00 |
| Valuation | ||
| P/E | 37.04 | 36.14 |
| P/B | 9.06 | 5.30 |
| EV/EBITDA | 25.37 | 26.11 |
| PEG | 1.37 | 1.51 |
| Dividend yield | 0.6% | 0.1% |
| Profitability | ||
| ROE | 24.5% | 14.7% |
| ROCE | 33.0% | 20.0% |
| Operating margin | 13.5% | 11.0% |
| Sales (TTM) | ₹34,609 Cr | ₹13,392 Cr |
| Net profit (TTM) | ₹3,203 Cr | ₹1,055 Cr |
| Growth | ||
| Latest quarter sales YoY | +52.8% | +38.5% |
| Latest quarter profit YoY | +42.9% | +29.0% |
| Sales CAGR 3Y | +27.0% | +19.0% |
| Profit CAGR 3Y | +27.0% | +24.0% |
| Sales CAGR 5Y | +27.0% | +23.0% |
| Profit CAGR 5Y | +24.0% | +28.0% |
| Financial strength | ||
| Debt/Equity | 0.02 | 0.05 |
| Interest cover | 14.85 | 17.71 |
| Ownership | ||
| Promoter holding | 61.4% | 35.0% |
| Promoter change (4 qtrs) | -0.09 pp | +0.00 pp |
| Price performance | ||
| Return 1M | -5.28% | -14.74% |
| Return 3M | -15.50% | -28.72% |
| Return 1Y | +2.17% | -1.09% |
| Return YTD | +3.31% | -10.59% |
| Technical condition | ||
| Technical score | 36 | 23 |
| RS rating (1-99) | 54.00 | 32.00 |
| % vs 200-DMA | -6.70% | -17.08% |
| RSI (14) | 45.38 | 40.12 |
| % from 52-week high | -22.27% | -32.40% |
