A Deeper Look at Polycab India's Financials
Market Leader Series
Please note: The original version of this piece was published on hvinvesting.com on Nov 20, 2020. The blogs have since migrated to Substack.
This is the first part of the Market Leader Series, in which I'll discuss companies that lead their respective sectors.
In this article, we discuss Polycab, a company with strong growth in sales and profits, rapid expansion in operating margins, low debt, high promoter holding, no shares pledged, and stellar return on capital employed over the years. The earnings quality and working capital management, however, have scope for improvement
At the outset, please note that this article is only for informational/educational purposes and in no way meant to be a stock recommendation or financial advice. Please conduct your own analysis or consult a SEBI registered investment advisor before you undertake any investment action.