Finolex Cables

  • Market Cap: Small Cap
  • Industry: Cables - Electricals
  • ISIN: INE235A01022
  • NSEID: FINCABLES
  • BSEID: 500144
INR
1,022.15
-12.3 (-1.19%)
BSENSE

Aug 07, 03:30 PM

BSE+NSE Vol: 1.95 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
R R Kabel
KEI Industries
Universal Cables
Polycab India
Finolex Cables
Dynamic Cables
Advait Energy
Paramount Comm.
Quadrant Future
Laser Power
V-Marc India

Why is Finolex Cables Ltd. ?

1
The company is Net-Debt Free
2
Positive results in Mar 26
  • NET SALES(9M) At Rs 4,925.49 cr has Grown at 20.47%
  • PAT(9M) At Rs 551.10 cr has Grown at 20.63%
  • PBDIT(Q) Highest at Rs 180.45 cr.
3
With ROE of 11.7, it has a Attractive valuation with a 2.6 Price to Book Value
  • The stock is trading at a fair value compared to its peers' average historical valuations
  • Over the past year, while the stock has generated a return of 19.06%, its profits have risen by 1.9% ; the PEG ratio of the company is 11.8
4
High Institutional Holdings at 26.35%
  • These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
5
Market Beating Performance
  • The stock has generated a return of 19.06% in the last 1 year, much higher than market (BSE500) returns of 4.11%
stock-recommendationReal-Time Research Report

Verdict Report

How much should you buy?

  1. Overall Portfolio exposure to Finolex Cables should be less than 10%
  2. Overall Portfolio exposure to Cables - Electricals should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Cables - Electricals)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Finolex Cables for you?

High Risk, High Return

Absolute
Risk Adjusted
Volatility
Finolex Cables
19.06%
0.51
37.30%
Sensex
-2.63%
-0.19
13.57%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
17.96%
EBIT Growth (5y)
11.08%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
-0.33
Sales to Capital Employed (avg)
1.00
Tax Ratio
23.13%
Dividend Payout Ratio
17.46%
Pledged Shares
0
Institutional Holding
26.35%
ROCE (avg)
16.47%
ROE (avg)
12.89%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
22
Industry P/E
48
Price to Book Value
2.56
EV to EBIT
24.24
EV to EBITDA
21.91
EV to Capital Employed
3.34
EV to Sales
2.15
PEG Ratio
11.83
Dividend Yield
0.78%
ROCE (Latest)
13.79%
ROE (Latest)
11.73%
Loading Valuation Snapshot...
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
Bearish
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Mildly Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
No Trend
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

13What is working for the Company
NET SALES(9M)

At Rs 4,925.49 cr has Grown at 20.47%

PAT(9M)

At Rs 551.10 cr has Grown at 20.63%

PBDIT(Q)

Highest at Rs 180.45 cr.

PBT LESS OI(Q)

Highest at Rs 270.70 cr.

EPS(Q)

Highest at Rs 14.67

-3What is not working for the Company
INVENTORY TURNOVER RATIO(HY)

Lowest at 6.18 times

DEBTORS TURNOVER RATIO(HY)

Lowest at 17.08 times

Loading Valuation Snapshot...

Here's what is working for Finolex Cables

Net Sales - Quarterly
Highest at Rs 1,951.08 cr
in the last five quarters
MOJO Watch
Near term sales trend is positive

Net Sales (Rs Cr)

Net Sales - Quarterly
At Rs 1,951.08 cr has Grown at 22.36%
Year on Year (YoY)
MOJO Watch
Near term sales trend is positive

Net Sales (Rs Cr)

Operating Profit (PBDIT) - Quarterly
Highest at Rs 180.45 cr.
in the last five quarters
MOJO Watch
Near term Operating Profit trend is positive

Operating Profit (Rs Cr)

Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 270.70 cr.
in the last five quarters
MOJO Watch
Near term PBT trend is positive

PBT less Other Income (Rs Cr)

Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 270.70 cr has Grown at 30.96%
Year on Year (YoY)
MOJO Watch
Near term PBT trend is positive

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly
Highest at Rs 224.43 cr.
in the last five quarters
MOJO Watch
Near term PAT trend is positive

PAT (Rs Cr)

Earnings per Share (EPS) - Quarterly
Highest at Rs 14.67
in the last five quarters
MOJO Watch
Increasing profitability; company has created higher earnings for shareholders

EPS (Rs)

Here's what is not working for Finolex Cables

Inventory Turnover Ratio- Half Yearly
Lowest at 6.18 times and Fallen
each half year in the last five half yearly periods
MOJO Watch
Company's pace of selling inventory has slowed

Inventory Turnover Ratio

Debtors Turnover Ratio- Half Yearly
Lowest at 17.08 times
in the last five half yearly periods
MOJO Watch
Company's pace of settling its Debtors has slowed

Debtors Turnover Ratio