Comparison · NSE · data 2026-11-01
CG Power & Industrial Solutions Ltd vs Polycab India Ltd.
In plain words
Size: CG Power & Industrial Solutions Ltd is about 1.1 times the market value of Polycab India Ltd..
Valuation (P/E): CG Power & Industrial Solutions Ltd 92.1 vs Polycab India Ltd. 37.2.
Return on equity: Polycab India Ltd. 24.5% vs CG Power & Industrial Solutions Ltd 20.4%.
Profit growth over 3 years: Polycab India Ltd. 28.1% a year vs CG Power & Industrial Solutions Ltd 7.8% a year.
Debt to equity: Polycab India Ltd. 0.37 vs CG Power & Industrial Solutions Ltd 0.01.
Differences in the numbers, not a recommendation of either stock.
Side by side
| CGPOWER | POLYCAB | |
|---|---|---|
| Price | ₹804 | ₹7,787 |
| Market cap | ₹1,26,660 cr | ₹1,17,551 cr |
| P/E | 92.1 | 37.2 |
| P/B | 14.5 | 9 |
| ROE | 20.4% | 24.5% |
| ROCE | 22.7% | 32.3% |
| Debt / equity | 0.01 | 0.37 |
| Operating margin | 11.6% | 12.6% |
| Dividend yield | 0.16% | 0.60% |
| Sales growth, 3 years (yearly) | 21.2% | 27.0% |
| Profit growth, 3 years (yearly) | 7.8% | 28.1% |
| 1-year return | 6.6% | 0.7% |
| Revenue, last 12 months | ₹13,699 cr | ₹34,548 cr |
| Net profit, last 12 months | ₹1,375 cr | ₹3,156 cr |
| Latest quarter | Sept 2026 | Sept 2026 |
| Quarter net profit | ₹412 cr | ₹977 cr |
| Quarter profit vs a year earlier | +44.9% | +42.6% |
| Promoter holding | 56.34% | 61.44% |
| Health check | Average (5.9/10) | Strong (7.2/10) |
Common questions
Which has a higher P/E, CG Power & Industrial Solutions Ltd or Polycab India Ltd.?
CG Power & Industrial Solutions Ltd trades at the higher P/E (92.1 against 37.2). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Polycab India Ltd. (24.5% against 20.4%).
Which carries more debt?
Polycab India Ltd. has the higher debt-to-equity ratio (0.37 against 0.01).