Polycab India Limited (POLYCAB) - Total Assets
Based on the latest financial reports, Polycab India Limited (POLYCAB) holds total assets worth Rs189.97 Billion INR (≈ $2.05 Billion USD) as of December 2025. 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. See Polycab India Limited (POLYCAB) shareholders funds for net asset value and shareholders' equity analysis.
Polycab India Limited - Total Assets Trend (2014–2025)
This chart illustrates how Polycab India Limited's total assets have evolved over time, based on quarterly financial data.
Polycab India Limited - Asset Composition Analysis
Current Asset Composition (March 2025)
Polycab India Limited's total assets of Rs189.97 Billion consist of 67.7% current assets and 32.3% non-current assets.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Rs446.70 Million | 1.6% |
| Accounts Receivable | Rs27.05 Billion | 19.6% |
| Inventory | Rs37.84 Billion | 27.5% |
| Property, Plant & Equipment | Rs36.30 Billion | 26.4% |
| Intangible Assets | Rs98.45 Million | 0.1% |
| Goodwill | Rs0.00 | 0.0% |
Asset Composition Trend (2014–2025)
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 67.7% of total assets in 2025, an increase from 66.8% in 2014.
- Cash Position: Cash and equivalents constituted 1.6% of total assets in 2025, down 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 27.5% 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 |
|---|---|---|
|
LG Energy Solution Ltd
KO:373220
|
Korea | ₩67.01 Trillion |
|
Sungrow Power Supply Co Ltd
SHE:300274
|
China | CN¥120.67 Billion |
|
Fortune Electric Co Ltd
TW:1519
|
Taiwan | NT$24.98 Billion |
|
Dongguan Dingtong Precision Metal Co. Ltd. A
SHG:688668
|
China | CN¥2.60 Billion |
|
Hongfa Technology Co Ltd
SHG:600885
|
China | CN¥21.89 Billion |
|
Henan Pinggao Electric Co Ltd
SHG:600312
|
China | CN¥22.72 Billion |
|
Changshu Tianyin Electromechan
SHE:300342
|
China | CN¥2.09 Billion |
|
Hangzhou Cable
SHG:603618
|
China | CN¥10.25 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 | 1.86 | 2.32 | 2.37 |
| Quick Ratio | 1.03 | 1.23 | 1.38 |
| Cash Ratio | 0.09 | 0.14 | 0.00 |
| Working Capital | Rs62.49 Billion | Rs53.13 Billion | Rs27.58 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 | 10.18 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | 14.0% |
| Total Assets | Rs137.73 Billion |
| Market Capitalization | $13.20 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Polycab India Limited's assets below their book value (0.10x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Polycab India Limited's assets grew by 14.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Polycab India Limited (2014–2025)
The table below shows the annual total assets of Polycab India Limited from 2014 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 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