Polycab India Limited (POLYCAB) - Total Assets
Based on the latest financial reports, Polycab India Limited (POLYCAB) holds total assets worth Rs204.76 Billion INR (≈ $2.21 Billion USD) as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check Polycab India Limited (POLYCAB) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Polycab India Limited - Total Assets Trend (2014–2026)
This chart illustrates how Polycab India Limited's total assets have evolved over time, based on quarterly financial data. Explore POLYCAB strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
Polycab India Limited - Asset Composition Analysis
Current Asset Composition (March 2026)
Polycab India Limited's total assets of Rs204.76 Billion consist of 71.6% current assets and 28.4% non-current assets.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Rs0.00 | 4.3% |
| Accounts Receivable | Rs37.70 Billion | 18.4% |
| Inventory | Rs55.60 Billion | 27.2% |
| Property, Plant & Equipment | Rs0.00 | 0.0% |
| Intangible Assets | Rs40.97 Million | 0.0% |
| Goodwill | Rs0.00 | 0.0% |
Asset Composition Trend (2014–2026)
This chart illustrates how Polycab India Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see POLYCAB company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Polycab India Limited's current assets represent 71.6% of total assets in 2026, an increase from 66.8% in 2014.
- Cash Position: Cash and equivalents constituted 4.3% of total assets in 2026, up from 1.8% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is inventory at 27.2% of total assets.
Polycab India Limited Competitors by Total Assets
Key competitors of Polycab India Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Sungrow Power Supply Co Ltd
SHE:300274
|
China | CN¥121.86 Billion |
|
Nantong Jianghai Capacitor Co Ltd
SHE:002484
|
China | CN¥8.78 Billion |
|
Sinomag Technology Co Ltd
SHE:300835
|
China | CN¥2.38 Billion |
|
Zhejiang HangKe Technology Co Ltd
SHG:688006
|
China | CN¥9.85 Billion |
|
Suzhou K-Hiragawa Electronic Technology Co. Ltd. A
SHG:603052
|
China | CN¥1.73 Billion |
|
Xiamen Kehua Hengsheng
SHE:002335
|
China | CN¥13.73 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Wuxi Dk Electronic Materials Co Ltd
SHE:300842
|
China | CN¥12.90 Billion |
Polycab India Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.84 | 2.65 | 2.33 |
| Quick Ratio | 1.14 | 1.58 | 1.08 |
| Cash Ratio | 0.00 | 0.17 | 0.17 |
| Working Capital | Rs66.93 Billion | Rs58.09 Billion | Rs27.68 Billion |
Polycab India Limited - Advanced Valuation Insights
This section examines the relationship between Polycab India Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 11.39 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | 48.7% |
| Total Assets | Rs204.76 Billion |
| Market Capitalization | $16.13 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Polycab India Limited's assets below their book value (0.08x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Polycab India Limited's assets grew by 48.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Polycab India Limited (2014–2026)
The table below shows the annual total assets of Polycab India Limited from 2014 to 2026.
| Year | Total Assets | Change |
|---|---|---|
| 2026-03-31 | Rs204.76 Billion ≈ $2.21 Billion |
+48.67% |
| 2025-03-31 | Rs137.73 Billion ≈ $1.49 Billion |
+14.02% |
| 2024-03-31 | Rs120.79 Billion ≈ $1.31 Billion |
+28.15% |
| 2023-03-31 | Rs94.25 Billion ≈ $1.02 Billion |
+27.17% |
| 2022-03-31 | Rs74.12 Billion ≈ $801.57 Million |
+5.66% |
| 2021-03-31 | Rs70.15 Billion ≈ $758.61 Million |
+17.67% |
| 2020-03-31 | Rs59.62 Billion ≈ $644.72 Million |
+5.92% |
| 2019-03-31 | Rs56.28 Billion ≈ $608.68 Million |
+26.67% |
| 2018-03-31 | Rs44.43 Billion ≈ $480.52 Million |
-2.96% |
| 2017-03-31 | Rs45.79 Billion ≈ $495.18 Million |
+18.17% |
| 2016-03-31 | Rs38.75 Billion ≈ $419.04 Million |
+16.92% |
| 2015-03-31 | Rs33.14 Billion ≈ $358.39 Million |
+19.94% |
| 2014-03-31 | Rs27.63 Billion ≈ $298.80 Million |
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About Polycab India Limited
Polycab India Limited manufactures and sells wires and cables under the POLYCAB brand in India and internationally. The company operates through three segments: Wires and Cables; Fast Moving Electrical Goods (FMEG); and Engineering, Procurement and Construction (EPC). The Wires and Cables segment provides wires, such as PolycabSuprema house wires, PolycabMaxima+ Green wire, PolycabPrimma house wi… Read more