Numbers kya bol rahe hain?
Dekho, Polycab India ne Q4 FY26 mein revenue ko 27% saal dar saal badhaya hai, jo ki ho gaya hai ₹8,860 Crore ka. Aur EBITDA bhi 13% upar jaa kar ₹1,160 Crore par pahunch gaya. Asal mein, cable aur wire business toh hamesha ki tarah perform kar hi raha tha, par FMEG segment ne toh kamaal hi kar diya!
FMEG segment mein Aag Laga Di!
Fast-Moving Electrical Goods (FMEG) mein toh revenue 39% bhada hai. Aur ismein bhi sabse bada star raha solar products. Bas itna hi nahi, fans aur lighting jaise premium products ki demand bhi badh rahi hai, thanks to government initiatives. Is FMEG growth se company ka market share bhi badh kar ab 30-31% ho gaya hai.
Analysts ka kya kehna hai?
Bade-bade brokerages jaise Motilal Oswal, JM Financial, aur Nuvama sab ne 'Buy' rating ko continue rakha hai. Motilal Oswal ne target diya hai ₹9,800, JM Financial ka ₹9,700 aur Nuvama ka ₹9,740. Matlab, analysts ko lagta hai ki stock abhi aur 15-16% tak bhagne wala hai. Haan, thoda market ka pressure hai, par long-term outlook solid dikh raha hai.
