StoxPolycab India vs Cummins India: share price & financials comparison
NSE: POLYCAB vs CUMMINSIND · Capital Goods · as of 06 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Polycab India vs Cummins India at a glance
Polycab India (POLYCAB) has a market capitalisation of ₹1,18,610 Cr, against ₹1,12,233 Cr for Cummins India (CUMMINSIND). Over the past year Polycab India has returned +1.8%, compared with -7.1% for Cummins India. On valuation, Polycab India trades at a lower P/E of 37.6 versus 49.8. Cummins India earns a higher return on equity (27.1% vs 24.1%). Polycab India comes out ahead on size, valuation, growth, momentum and technicals. Cummins India comes out ahead on profitability. Across the scored metrics below, Polycab India leads on 10 and Cummins India on 6. On StoxGud's 10-point checklist, Polycab India scores 5/10 and Cummins India scores 4/10.
| Metric | Polycab India | Cummins India |
|---|---|---|
| Size | ||
| Market cap | ₹1,18,610 Cr | ₹1,12,233 Cr |
| Revenue (latest FY) | ₹28,884 Cr | ₹12,143 Cr |
| Net profit (latest FY) | ₹2,672 Cr | ₹2,362 Cr |
| Valuation | ||
| P/E | 37.6 | 49.8 |
| P/B | 9.06 | 13.52 |
| Dividend yield | 0.46% | 1.32% |
| Profitability | ||
| Return on equity | 24.1% | 27.1% |
| Net profit margin | 9.1% | 17.6% |
| Operating margin | 13.5% | 18.8% |
| Growth | ||
| Revenue growth (YoY) | +52.8% | +4.1% |
| Net profit growth (YoY) | +42.6% | -18.5% |
| Revenue CAGR (multi-year) | +26.5% | +22.7% |
| Financial health | ||
| Debt to equity | 0.01 | 0.00 |
| Momentum | ||
| 1-month return | -5.3% | -16.9% |
| 1-year return | +1.8% | -7.1% |
| 3-year CAGR | +15.3% | +32.9% |
| 5-year CAGR | +27.1% | +34.8% |
| 10-year CAGR | — | +17.1% |
| Distance from 52W high | -21.9% | -32.8% |
| Technicals | ||
| RSI (14) | 39 | 34 |
| Price vs 200-day avg | -6.7% | -19.5% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | Polycab India | Cummins India |
|---|---|---|
| Price above 50-day average | ✗ | ✗ |
| Price above 200-day average | ✗ | ✗ |
| 50-day average above 200-day (uptrend) | ✗ | ✗ |
| RSI in healthy 40–70 zone | ✗ | ✗ |
| Positive 1-year return | ✓ | ✗ |
| Return on equity above 15% | ✓ | ✓ |
| Debt to equity below 1 | ✓ | ✓ |
| Revenue growing year on year | ✓ | ✓ |
| Net profit margin above 10% | ✗ | ✓ |
| P/E below industry median | ✓ | ✗ |
| Score | 5/10 | 4/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Polycab India or Cummins India?
Polycab India has a market cap of ₹1,18,610 Cr and Cummins India has a market cap of ₹1,12,233 Cr as of 06 Nov 2026.
Which has a lower P/E, Polycab India or Cummins India?
Polycab India has the lower P/E: Polycab India trades at 37.6 and Cummins India at 49.8.
Which gave better returns in the last year, Polycab India or Cummins India?
Polycab India did better: Polycab India returned +1.8% and Cummins India returned -7.1% over one year.
Is Polycab India or Cummins India a better buy?
StoxGud does not give buy or sell recommendations. On our rules-based checklist Polycab India scores 5/10 and Cummins India scores 4/10; compare valuation, profitability, growth and momentum above and consult a SEBI-registered adviser.