Finolex Cables

Which are the latest news on Finolex Cables?

Why is Finolex Cables Ltd. falling/rising?

As of 15-Jun, Finolex Cables Ltd. is seeing a stock price increase to 1,045.40, driven by strong financial performance, positive sector trends, and rising institutional interest. The stock has gained 5.27% over the last three days and is trading above its moving averages, indicating a favorable investment outlook.

As of 15-Jun, Finolex Cables Ltd. is experiencing a rise in its stock price, currently at 1,045.40, reflecting an increase of 10.2 points or 0.99%. This upward movement can be attributed to several factors. Notably, the stock has been gaining for the last three days, with a total return of 5.27% during this period. Additionally, it has outperformed its sector in terms of price movement, despite underperforming by 0.91% today.<BR><BR>The stock is trading above its moving averages across various time frames, indicating a positive trend. Furthermore, the cable sector has seen a gain of 2.12%, contributing to the favorable environment for Finolex Cables. The company’s financial health is also a significant factor; it is net-debt free and reported record high net sales and profits in its latest quarterly results. With a return on equity of 11.7 and a fair valuation compared to its peers, the stock is seen as a solid investment.<BR><BR>Moreover, the increase in institutional holdings, which now stand at 26.05%, suggests confidence from larger investors who have the resources to analyze the company's fundamentals effectively. This combination of strong financial performance, positive sector movement, and increasing institutional interest supports the rise in Finolex Cables Ltd.'s stock price.

How big is Finolex Cables?

As of 10th June, Finolex Cables Ltd. has a market capitalization of 15,601.00 Cr, with recent net sales of 6,321.01 Cr and a net profit of 713.72 Cr. The company reported shareholder's funds of 5,495.25 Cr and total assets of 6,286.54 Cr for the annual period ending March 2025.

As of 10th June, Finolex Cables Ltd. has a market capitalization of 15,601.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, Finolex Cables reported Net Sales of 6,321.01 Cr and a Net Profit of 713.72 Cr.<BR><BR>For the latest annual period ending March 2025, the company had Shareholder's Funds amounting to 5,495.25 Cr and Total Assets of 6,286.54 Cr.

Who are in the management team of Finolex Cables?

The management team of Finolex Cables includes D K Chhabria (Executive Chairman), Nikhil Manohar Naik (Director), Raghuraman Sriraman (Independent Director), Zubin F Billimoria (Independent Director), Ratnakar Barve (Executive Director - Operations), Vanessa Singh (Independent Director), and Gayatri Kulkarni (Assistant Company Secretary). They are responsible for the company's strategic direction and operations.

The management team of Finolex Cables includes the following members:<BR><BR>1. **D K Chhabria** - Executive Chairman<BR>2. **Nikhil Manohar Naik** - Director<BR>3. **Raghuraman Sriraman** - Independent Director<BR>4. **Zubin F Billimoria** - Independent Director<BR>5. **Ratnakar Barve** - Executive Director (Operation)<BR>6. **Vanessa Singh** - Independent Director<BR>7. **Gayatri Kulkarni** - Assistant Company Secretary<BR><BR>This team plays a crucial role in guiding the company's strategic direction and operations.

Who are the peers of the Finolex Cables?

Finolex Cables' peers include Polycab India, KEI Industries, R R Kabel, and others. Polycab India and KEI Industries show excellent management and growth, while Finolex Cables has average growth and a 1-year return of 3.35%.

Peers: The peers of Finolex Cables are Polycab India, KEI Industries, R R Kabel, Universal Cables, Advait Energy, Paramount Comm., Dynamic Cables, Quadrant Future, and V-Marc India.<BR><BR>Quality Snapshot: Excellent management risk is observed at Polycab India, KEI Industries, and R R Kabel, while Average management risk is found at Universal Cables, Advait Energy, Paramount Comm., Dynamic Cables, and V-Marc India. Below Average management risk is noted at Quadrant Future. For growth, Excellent growth is seen at Polycab India, KEI Industries, R R Kabel, Advait Energy, and V-Marc India, while Average growth is found at Finolex Cables and Dynamic Cables, and Below Average growth is noted at Quadrant Future. In terms of Capital Structure, Excellent capital structure is observed at Polycab India, KEI Industries, R R Kabel, and Finolex Cables, while Good capital structure is found at Dynamic Cables, Average capital structure at Paramount Comm. and V-Marc India, and Below Average capital structure at Universal Cables and Quadrant Future.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Universal Cables at 79.19%, while the lowest is Dynamic Cables at -31.15%. Finolex Cables has a 1-year return of 3.35%, which is significantly lower than Universal Cables but higher than Dynamic Cables. Additionally, Dynamic Cables and Quadrant Future have negative six-month returns.

What does Finolex Cables do?

Finolex Cables Ltd. is India's largest manufacturer of electrical and telecommunication cables, established in 1958, with a market cap of INR 15,601 Cr and reported net sales of 1,951 Cr and net profit of 224 Cr for the quarter ending March 2026. Key metrics include a P/E of 21.00 and a dividend yield of 0.78%.

Overview: <BR>Finolex Cables Ltd. is India's largest manufacturer of electrical and telecommunication cables, operating within the small-cap segment of the Cables - Electricals industry.<BR><BR>History: <BR>Finolex Cables Limited was established in 1958 and has maintained its status as a leading manufacturer in its field. The latest quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>- Net Sales: 1,951 Cr (Quarterly Results - Mar 2026) <BR>- Net Profit: 224 Cr (Quarterly Results - Mar 2026) <BR>- Market cap: INR 15,601 Cr (Small Cap) <BR><BR>Key Metrics: <BR>- P/E: 21.00 <BR>- Industry P/E: 48 <BR>- Dividend Yield: 0.78% <BR>- Debt Equity: -0.33 <BR>- Return on Equity: 11.73% <BR>- Price to Book: 2.58 <BR><BR>Contact Details: <BR>Address: 26/27 Mumbai - Pune Road, Pimpri Pune Maharashtra : 411018 <BR>Tel: 91-20-27506200(15 lines)/27475963 <BR>Email: investors@finolex.com <BR>Website: http://www.finolex.com

Should I buy, sell or hold Finolex Cables Ltd.?

Are Finolex Cables Ltd. latest results good or bad?

Finolex Cables Ltd. reported strong revenue growth with a net profit increase of 36.82% QoQ and record net sales of ₹1,951.08 crore. However, declining operating and gross profit margins raise concerns about profitability sustainability amidst rising costs and competitive pressures.

Finolex Cables Ltd. has delivered a mixed performance in its latest results. On the positive side, the company reported a consolidated net profit of ₹224.43 crore, which represents a significant increase of 36.82% quarter-on-quarter (QoQ) and 17.07% year-on-year (YoY). Additionally, net sales reached an all-time quarterly high of ₹1,951.08 crore, reflecting a robust growth of 22.05% QoQ and 22.36% YoY. This strong revenue growth indicates a solid demand for their products in the electrical and telecommunication cable segments.<BR><BR>However, there are concerns regarding profitability. The operating margin, excluding other income, declined to 9.25%, down from 10.71% in the previous quarter and 10.55% a year ago. This margin compression suggests rising input costs and competitive pricing pressures that the company is facing. The gross profit margin also fell sharply to 10.90% from 14.12% a year ago, indicating challenges in maintaining pricing power.<BR><BR>Overall, while the revenue figures are impressive and show strong market demand, the declining margins raise questions about the sustainability of profitability. Investors should consider both the strong sales growth and the margin pressures when evaluating the company's performance.

When is the next results date for Finolex Cables Ltd.?

The next results date for Finolex Cables Ltd. is 28 May 2026.

The next results date for Finolex Cables Ltd. is scheduled for 28 May 2026.

How has been the historical performance of Finolex Cables?

Finolex Cables has shown consistent growth in net sales and profitability, with net sales increasing from ₹2,877.30 Cr in Mar'20 to ₹5,318.89 Cr in Mar'25, and earnings per share rising from ₹25.56 to ₹45.82 during the same period. Overall, the company's financial metrics indicate a robust growth pattern.

Answer:<BR>The historical performance of Finolex Cables shows a consistent growth trajectory in net sales and profitability over the years.<BR><BR>Breakdown:<BR>Finolex Cables has demonstrated a steady increase in net sales, rising from 2,877.30 Cr in Mar'20 to 5,318.89 Cr in Mar'25. This growth is reflected in the total operating income, which also increased from 2,877.30 Cr in Mar'20 to 5,318.89 Cr in Mar'25. The company's total expenditure, excluding depreciation, rose from 2,493.88 Cr in Mar'20 to 4,777.61 Cr in Mar'25, indicating higher raw material costs and other expenses. Operating profit (PBDIT) peaked at 738.70 Cr in Mar'25, although it showed a slight decline from 763.55 Cr in Mar'24. Profit before tax followed a similar trend, reaching 690.42 Cr in Mar'25, while profit after tax was 468.74 Cr in the same period. The earnings per share (EPS) increased from 25.56 in Mar'20 to 45.82 in Mar'25, reflecting improved profitability. The total assets of the company grew significantly from 3,406.80 Cr in Mar'20 to 6,286.54 Cr in Mar'25, with total liabilities also increasing from 3,406.80 Cr to 6,286.54 Cr during the same period. Overall, the financial metrics indicate a robust growth pattern for Finolex Cables over the years.

Is Finolex Cables technically bullish or bearish?

As of November 18, 2025, Finolex Cables is in a bearish trend with moderate strength, indicated by bearish signals from moving averages, MACD, KST, and Bollinger Bands, along with underperformance compared to the Sensex.

As of 18 November 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Finolex Cables is bearish with moderate strength. Key indicators driving this stance include a bearish signal from daily moving averages, a bearish MACD on the monthly timeframe, and a bearish KST on both weekly and monthly timeframes. Additionally, Bollinger Bands are indicating a mildly bearish trend on the weekly and bearish on the monthly. The stock's performance has also lagged significantly compared to the Sensex, particularly on a year-to-date basis.

Is Finolex Cables overvalued or undervalued?

As of August 6, 2025, Finolex Cables is considered undervalued with a valuation grade upgrade to very attractive, featuring a PE ratio of 18.82, favorable compared to peers like Polycab India and KEI Industries, despite a recent stock decline, indicating a potential buying opportunity for long-term investors.

As of 6 August 2025, the valuation grade for Finolex Cables has moved from fair to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued. Key ratios include a PE ratio of 18.82, an EV to EBITDA of 19.67, and a ROCE of 16.74%. <BR><BR>In comparison to its peers, Finolex Cables has a more favorable valuation than Polycab India, which has a PE ratio of 46.34, and KEI Industries, with a PE of 48.98. Despite recent stock performance showing a decline of 41.54% over the past year against a 2.48% increase in the Sensex, the long-term outlook remains strong, with a 5-year return of 221.95%. This suggests that the current price may present a buying opportunity for investors.

Who are the top shareholders of the Finolex Cables?

The top shareholders of Finolex Cables include Orbit Electricals Private Limited with 30.7%, Finolex Industries Limited at 14.51%, and individual investors with 18.48%. Additionally, mutual funds hold 9.92%, and foreign institutional investors have a combined stake of 2.19%, with no pledged promoter holdings reported.

The top shareholders of Finolex Cables include Orbit Electricals Private Limited, which holds the highest stake at 30.7%. Finolex Industries Limited is the highest public shareholder with a 14.51% ownership. Additionally, individual investors collectively own 18.48% of the shares. The company also has 27 mutual fund schemes holding a total of 9.92%, and 16 foreign institutional investors (FIIs) with a combined holding of 2.19%. There are no pledged promoter holdings reported.

Has Finolex Cables declared dividend?

Finolex Cables Ltd. has declared a 400% dividend, amounting to ₹8 per share, with an ex-date of September 17, 2024. While recent total returns have been negative, longer-term performance shows significant growth potential.

Finolex Cables Ltd. has declared a 400% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 400%<BR>- Amount per share: 8<BR>- Ex-date: 17 Sep 24<BR><BR>Dividend Yield: 0.83%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -27.64%, with no dividend return, resulting in a total return of -27.64%.<BR><BR>Over the past year, the price return was -36.33%, with a dividend return of 0.51%, leading to a total return of -35.82%.<BR><BR>In the 2-year period, the price return was 24.4%, with a dividend return of 1.75%, culminating in a total return of 26.15%.<BR><BR>For the 3-year period, the price return was 147.92%, alongside a dividend return of 5.90%, resulting in a total return of 153.82%.<BR><BR>In the last 4 years, the price return was 101.64%, with a dividend return of 5.06%, leading to a total return of 106.7%.<BR><BR>Over the 5-year period, the price return was 265.78%, with a dividend return of 11.00%, resulting in a total return of 276.78%.<BR><BR>Overall, while Finolex Cables has declared a significant dividend, the recent total returns over shorter periods have been negative, indicating challenges in the company's stock performance. However, longer-term returns show substantial growth, suggesting potential for recovery and value creation over time.