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Is V-Marc India the Best Stock in Its Sector? A Look at the Numbers

V-Marc India CMP Rs 296 (21 Oct 2026). Market cap Rs 4,331 Cr. ROE 34.13%. P/E 36.77x versus Industry P/E 46.64x.


21 Oct 2026 • 9:48 am

Is V-Marc India the Best Stock in Its Sector? A Look at the Numbers

Quick Answer

V-Marc India is one of the names investors compare when screening the PVC Wires and Cables sector. Whether it is the best stock in its sector depends on whether an investor prioritises return ratios, valuation or balance sheet strength. This article sets it against two named peers and the sector benchmark so you can judge for yourself.

Is V-Marc India the best stock in its sector? The stock trades on the NSE at Rs 296 as of 21 October 2026, within its 52-week range of Rs 87.67 to Rs 406.00. The sections below cover the business, the key ratios, a peer comparison and a closer look at valuation.

Also read – Is Abbott India the Best Stock in Its Sector? A Look at the Numbers

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About V-Marc India

V-Marc India Ltd manufactures PVC insulated wires and cables, and company information says it was incorporated in 2014. Its promoters are described as having started in 1996 as Asian Wires & Cables Industries, with the present name adopted in 2021. It began by selling wires and cables to utilities, EPC contractors and dealers, and later added retail building wires, solar and special cables, exports and fast moving electrical goods. It has been listed on the NSE SME platform, and company information indicates shareholders approved a move to the NSE main board at the AGM held on 25 September 2026. At a market capitalisation of Rs 4,331 Cr, it is tracked as part of the PVC Wires and Cables sector on Univest.

Is V-Marc India the Best Stock in Its Sector?

V-Marc India makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, backed by its return on equity. V-Marc India's 36.77x P/E is below the 46.64x Industry P/E, Polycab India at 38.67x and KEI Industries at 43.94x, while its 34.13% ROE is higher than Polycab India at 22.25% and KEI Industries at 13.78%, and its debt to equity ratio of 0.74 is above Polycab India at 0.02 and KEI Industries at 0.04.

Metric V-Marc India
CMP (NSE) Rs 295.60
52-Week High / Low Rs 406.00 / Rs 87.67
Market Cap Rs 4,331 Cr
P/E (TTM) vs Industry P/E 36.77x vs 46.64x
P/B 14.96
ROE 34.13%
EPS (TTM) Rs 8.04
Dividend Yield 0.00%
Debt to Equity 0.74

Compare V-Marc India Against Other PVC Wires and Cables Sector Stocks

How V-Marc India Compares Against Its PVC Wires and Cables Sector Peers

The table below sets V-Marc India against 2 other PVC Wires and Cables sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.

Company Market Cap (Rs Cr) P/E ROE Debt to Equity
V-Marc India 4,331 36.77 34.13% 0.74
Polycab India 1,23,827 38.67 22.25% 0.02
KEI Industries 43,797 43.94 13.78% 0.04
Peer average (2 companies) - 41.30 18.02% 0.03

Measured against the peer averages, V-Marc India's P/E is 11 percent below the 41.30x average, and its ROE is 16.12 percentage points above the 18.02% average. An average of just two companies is a rough guide, so treat the gap as a pointer for further research and not as a verdict.

What Makes V-Marc India Worth Watching in PVC Wires and Cables

  • Scale: At Rs 4,331 Cr, its market capitalisation is smaller than Polycab India (Rs 1,23,827 Cr) and KEI Industries (Rs 43,797 Cr), which is a useful reminder that the peers differ in size as well as in valuation.
  • Sector drivers: Demand from utilities, EPC contractors and the retail building wire segment, along with the shift towards branded products, shapes its volumes and margins.
  • Key risk: Copper and PVC compound prices feed straight into its costs, and with a price to book ratio near 15 the stock already carries high expectations. A main board migration can bring wider attention but does not by itself change earnings.

V-Marc India Valuation: Is It Justified?

At a P/B ratio of 14.96, the market pays about Rs 14.96 for every rupee of book value, and the EPS (TTM) of Rs 8.04 is the earnings base behind the P/E. The stock trades about 27 percent below its 52-week high and about 3.4 times its 52-week low. The company does not currently show a dividend yield, so returns for shareholders depend mainly on the share price. As with any single stock, investors should weigh these figures against their own valuation discipline and risk appetite rather than the sector label alone.

Also read – Is Oracle Financial Services Software the Best Stock in Its Sector? A Look at the Numbers

Download the Univest iOS App or Univest Android App to track V-Marc India and other PVC Wires and Cables sector stocks.

How to Track V-Marc India Before You Invest

Before deciding whether V-Marc India deserves its label as the best stock in its sector for your own portfolio, compare it directly against PVC Wires and Cables sector peers using the steps below.

  1. Open the Univest Screener and search for V-Marc India to view live price, valuation ratios, and peer comparisons within the PVC Wires and Cables sector.
  2. Compare its P/E, P/B, and ROE against other PVC Wires and Cables sector stocks before deciding if the current valuation fits your strategy.
  3. Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
  4. Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.

Conclusion

V-Marc India gives investors a clear set of numbers to work with, from returns and valuation to leverage and peer standing. Whether it earns the label of best stock in PVC Wires and Cables depends on how much weight you give each of them and on how the business executes from here. Because the stock trades below its sector benchmark, the open question is whether earnings growth will close that gap or whether the discount is deserved. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

Is V-Marc India the best stock in its sector?

Ans. There is no single definitive answer, because the best stock in a sector depends on whether an investor is prioritising returns, valuation or balance sheet strength. V-Marc India has a 34.13% ROE and trades at 36.77x P/E against a 46.64x Industry P/E. Against the 2 peers compared in this article, its ROE is above the 18.02% peer average and its P/E is below the 41.30x peer average. Its debt to equity ratio of 0.74 is above the 0.03 peer average, which matters because borrowing can inflate returns and add risk when business conditions weaken. These figures are best read together rather than in isolation, and they work as a starting point for your own research and not as a verdict.

What is the current share price of V-Marc India?

Ans. V-Marc India was trading at Rs 295.60 on the NSE as of 21 October 2026, and its 52-week range runs from Rs 87.67 to Rs 406.00. That leaves the share price 27 percent short of the 52-week high and 3.4 times the 52-week low. Its market capitalisation is Rs 4,331 Cr and its EPS (TTM) is Rs 8.04, which is the earnings figure behind the 36.77x P/E. Share prices change through the trading day, so check the live quote on Univest before acting on any number here.

What sector does V-Marc India belong to?

Ans. V-Marc India is classified under the PVC Wires and Cables sector on Univest, and that group of listed companies is the reference point for the 46.64x Industry P/E used in this article. The 2 named peers compared here are Polycab India and KEI Industries, chosen as comparable listed names so that the P/E, ROE and debt figures come from the same live data source. Investors who want a wider view can compare more PVC Wires and Cables sector stocks on the Univest Screener, since no two companies in a sector have exactly the same business mix.

How does V-Marc India compare to its sector peers on P/E?

Ans. V-Marc India's P/E of 36.77x is below the 41.30x average of the 2 named peers, with Polycab India at 38.67x and KEI Industries at 43.94x. It also sits below the 46.64x Industry P/E, which is the benchmark for the wider PVC Wires and Cables sector. A P/E that is below a peer average can reflect a valuation discount or premium, but it can also reflect different growth or return expectations, so it should be read alongside ROE and debt. Its P/B ratio of 14.96 gives one more view of how the market values its book value.

What is V-Marc India's return on equity?

Ans. V-Marc India reported a return on equity of 34.13%, which is above the 18.02% average of its named peers, with Polycab India at 22.25% and KEI Industries at 13.78%. ROE shows how much profit a company generates on every rupee of shareholders' equity, so a higher figure generally points to more efficient use of capital. ROE is easier to trust when leverage is modest, and here the debt to equity ratio is 0.74 against a peer average of 0.03. It is worth checking whether the ROE has been stable over several years rather than relying on a single reading.

Should I invest in V-Marc India based on its sector position?

Ans. Sector position is only one input into an investment decision. V-Marc India has a 34.13% ROE and a 36.77x P/E, which make it worth researching further, and its dividend yield is 0.00%. You should also weigh its business outlook, earnings consistency, debt levels, your investment horizon and your own risk appetite before buying. Spreading money across several stocks and sectors reduces concentration risk, and this article is educational content, not investment advice. For personalised guidance, consult a SEBI-registered advisor.

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