Polycab India Limited (POLYCAB) — Financial Flexibility Index

Latest as of March 2026: -0.13x

Polycab India Limited (POLYCAB) has a Financial Flexibility Index of -0.13x as of March 2026. Free cash flow of Rs-10.47 Billion (operating CF Rs-14.35 Billion minus capex Rs3.87 Billion) represents 0% of total liabilities (Rs83.49 Billion). Check Polycab India Limited (POLYCAB) strategic investment index to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

-0.13x
Free Cash Flow / Total Liabilities

Free Cash Flow

Rs-10.47 Billion
Operating CF − Capex

Total Liabilities

Rs83.49 Billion
INR

Capital Expenditures

Rs3.87 Billion
INR

Polycab India Limited Financial Flexibility Index (2014–2026)

Historical Financial Flexibility Index trend for Polycab India Limited across 13 annual periods. See Polycab India Limited (POLYCAB) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for Polycab India Limited (2014–2026)

Year-by-year free cash flow to debt coverage for Polycab India Limited. For the full company profile including market capitalisation, see Polycab India Limited stock valuation.

Year Flexibility Index Free Cash Flow (INR) Operating CF Total Liabilities YoY Change
2026 0.26x Rs21.59 Billion Rs6.79 Billion Rs83.49 Billion ▼ -64.0%
2025 0.72x Rs27.78 Billion Rs18.09 Billion Rs38.66 Billion ▲ +27.9%
2024 0.56x Rs21.55 Billion Rs12.96 Billion Rs38.36 Billion ▼ -18.8%
2023 0.69x Rs19.07 Billion Rs14.28 Billion Rs27.57 Billion ▲ +22.8%
2022 0.56x Rs10.38 Billion Rs5.12 Billion Rs18.43 Billion ▼ -11.8%
2021 0.64x Rs14.32 Billion Rs12.38 Billion Rs22.42 Billion ▲ +152.0%
2020 0.25x Rs5.35 Billion Rs2.45 Billion Rs21.10 Billion ▼ -53.6%
2019 0.55x Rs15.16 Billion Rs12.30 Billion Rs27.73 Billion ▲ +103.1%
2018 0.27x Rs5.62 Billion Rs3.63 Billion Rs20.90 Billion ▲ +20.7%
2017 0.22x Rs5.76 Billion Rs2.96 Billion Rs25.82 Billion ▼ -0.9%
2016 0.23x Rs4.70 Billion Rs2.21 Billion Rs20.89 Billion ▲ +5.2%
2015 0.21x Rs3.54 Billion Rs1.50 Billion Rs16.55 Billion ▼ -35.7%
2014 0.33x Rs4.15 Billion Rs3.10 Billion Rs12.48 Billion —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities