Finolex Cables

Which are the latest news on Finolex Cables?

Why is Finolex Cables Ltd. falling/rising?

As of 05-Sep, Finolex Cables Ltd. is experiencing a stock price decline to Rs 1,219.75, down 4.19%. This downturn is influenced by a recent loss in performance compared to its sector, despite a strong annual return, and is reflected in its short-term trading trends.

As of 05-Sep, Finolex Cables Ltd. is experiencing a decline in its stock price, currently at Rs 1,219.75, which reflects a change of -53.4 (-4.19%). This drop can be attributed to several factors. Firstly, the stock opened with a loss of -2.7% today and reached an intraday low of Rs 1210, marking a decrease of -4.96%. Additionally, the stock has underperformed its sector by -1.5%, and the overall cable sector has also seen a decline of -2.54%.<BR><BR>Despite a strong performance over the past year, where the stock generated a return of 44.61%, recent trends indicate a short-term downturn. The stock's performance over the last week shows a decline of -6.04%, contrasting with the Sensex, which fell only -0.97%. Furthermore, while the stock is trading higher than its 50-day, 100-day, and 200-day moving averages, it is currently lower than its 5-day and 20-day moving averages, suggesting a recent weakening trend.<BR><BR>Investor sentiment may also be influenced by the stock's recent trading volume, which, although showing a rise in delivery volume by 62.44% against the 5-day average, may not be sufficient to counteract the negative price movement. Overall, these factors contribute to the current decline in Finolex Cables Ltd.'s stock price.

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

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 and Zubin F Billimoria (Independent Directors), Ratnakar Barve (Executive Director - Operation), Vanessa Singh (Independent Director), and Gayatri Kulkarni (Assistant Company Secretary). They are responsible for the company's operations and strategic direction.

The management team of Finolex Cables includes the following key individuals:<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 operations and strategic direction.

What does Finolex Cables do?

Finolex Cables Ltd. is India's largest manufacturer of electrical and telecommunication cables, established in 1958, with a recent net sales of ₹2,013 Cr and a net profit of ₹249 Cr as of June 2026. The company has a market cap of ₹19,198 Cr and key metrics include a P/E of 24.00 and a dividend yield of 0.62%.

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. The latest quarterly results reported net sales and net profit for the period ending June 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 2,013 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 249 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 19,198 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 24.00 <BR>Industry P/E: 48 <BR>Dividend Yield: 0.62% <BR>Debt-Equity: -0.33 <BR>Return on Equity: 11.73% <BR>Price to Book: 3.26 <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

Who are the peers of the Finolex Cables?

Finolex Cables' peers include Polycab India, KEI Industries, R R Kabel, Universal Cables, Advait Energy, Dynamic Cables, Paramount Comm., Quadrant Future, and V-Marc India. R R Kabel leads in 1-year returns at 150.82%, while Finolex Cables has a 1-year return of 52.01%.

Peers: The peers of Finolex Cables are Polycab India, KEI Industries, R R Kabel, Universal Cables, Advait Energy, Dynamic Cables, Paramount Comm., 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, Dynamic Cables, Paramount Comm., and V-Marc India, and Below Average management risk is noted at Quadrant Future. Growth is Excellent for Polycab India, KEI Industries, R R Kabel, and Advait Energy, while Average growth is seen at Finolex Cables and Dynamic Cables, and Good growth is noted at Universal Cables and V-Marc India, with Below Average growth at Quadrant Future. Excellent capital structure is present in Polycab India, KEI Industries, R R Kabel, and Advait Energy, while Finolex Cables has an Excellent capital structure, Average capital structure is noted at Paramount Comm. and V-Marc India, and Below Average capital structure is found at Universal Cables and Quadrant Future.<BR><BR>Return Snapshot: R R Kabel has the highest 1-year return at 150.82%, while V-Marc India has the lowest at 0.00%. Finolex Cables' 1-year return is 52.01%, which is significantly higher than V-Marc India but lower than R R Kabel. Additionally, the peers with negative six-month returns include Quadrant Future and V-Marc India.

How big is Finolex Cables?

As of 31st August, Finolex Cables Ltd. has a market capitalization of 19,198.00 Cr, with recent net sales of 6,938.64 Cr and a net profit of 800.14 Cr. Shareholder's funds are 5,495.25 Cr, and total assets amount to 6,286.54 Cr.

As of 31st August, Finolex Cables Ltd. has a market capitalization of 19,198.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, Finolex Cables reported Net Sales of 6,938.64 Cr and a Net Profit of 800.14 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 5,495.25 Cr and Total Assets of 6,286.54 Cr.

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

The next results date for Finolex Cables Ltd. is August 11, 2026.

The next results date for Finolex Cables Ltd. is scheduled for August 11, 2026.

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.

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.