5nance5nance
5nance5nance
HomeScreens
LOGINGET FREE ACCOUNT

Finolex Cables Ltd.

•
finolex.comBSE: 500144NSE: FINCABLES
Market Cap₹ 21,767 Cr.
Current Price
High / Low₹ 1,498 / 701
Stock P/E27.2
Book Value₹ 412
Price to Book1.95
Dividend Yield0.63 %
ROCE16.1 %
ROE12.3 %
Face Value₹ 2

Add ratio to table

ABOUT

KEY POINTS

Revenue Breakup Mar 2026 • Electrical Cables: 65.4% • Copper Rod: 25.5% • Communication Cables: 6.0%

AI Sector View

AI GENERATED

Capital Goods

Buy

Capital goods is supported by strong public capex and still-expansionary industrial activity. Capital expenditure rose 66% YoY (2026-06), GST collections grew 8% YoY (2026-07), and the core industries Overall Index increased 5.4% YoY (2026-07). E-way bills slowed to 6% YoY (2026-07) and sector FPI flows show INR -9697 crore net outflow over 3 months to 2026-08-31, but the investment cycle and fiscal impulse remain favorable.

Confidence
72%
View full sector analysis →

PROS

  • Company is almost debt free
  • Company has consistently been profitable over the last 5 years
  • Latest quarter profit grew 53.1% YoY, showing strong momentum
  • Company has delivered good sales growth of 18.0% CAGR over last 5 years
  • Company comfortably covers its interest (531.6x coverage)
  • Working capital cycle has improved - days down from 235 to 180

CONS

  • Receivables are growing faster than sales - a possible quality concern
  • Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.40x)
  • Operating margins have contracted to 9.8% from 14.0%
  • Company has delivered a poor profit growth of 9.1% over past five years
  • Expensive relative to growth - PEG of 2.2

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

Capital GoodsElectricalsCable
Part ofNIFTY500MOMENTM50NIFTY TOTAL MKTNIFTY SML250 Q50NIFTY 500NIFTY SMLCAP 250
S.No.Name
1.POLYCAB8250.0043.40124320.560.57796.6532.848209.7339.0134.9313.84
2.KEI4570.0043.8343689.470.10274.1440.053185.3422.9720.2312.43
3.DHOOTTRANS1727.3589.0835332.610.001326.70—14464.15—24.1415.10
4.RRKABEL2424.5545.1327423.000.39205.20128.593168.2053.9028.439.01
5.FINCABLES1423.2527.2021767.090.63249.0453.142013.1544.2616.0614.16
6.PRECWIRE463.20499.778467.590.2746.4571.481779.2461.2033.094.76
7.UNIVCABLES1492.8525.855179.500.3070.14-78.69945.0657.4611.6913.80
8.LASERPOWER290.1526.874072.790.00207.32—5215.47—24.8412.62
9.ADVAIT2061.3038.432255.680.1014.8065.77179.2751.3728.2413.36
10.DYCL455.4024.202206.810.11249.531270.523491.011232.2726.8010.89
11.PARACABLES64.8434.812121.820.0019.706.49529.4017.3516.626.56
12.QUADFUTURE479.350.001917.400.00-9.1332.3640.5941.27-7.01-8.25
Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
1,2041,1871,2221,4011,2301,3121,1821,5951,3961,3761,5991,9512,013
1,0581,0411,0881,2391,1041,2061,0441,4241,2591,2311,4411,7711,791
Operating Profit146146134162127106138171136145158180222
OPM %12.17%12.30%10.94%11.56%10.31%8.07%11.65%10.71%9.77%10.55%9.86%9.25%11.04%
39424550465245555437413351
Interest0001000000000
Depreciation10111112111212121414151722
Profit before Tax175177167199162145170213176168184196314
Tax %28.41%29.60%27.94%31.88%45.56%22.56%26.60%32.80%22.64%25.91%28.53%40.28%20.80%
Net Profit00002,4391181471921631631642,244249
10.4910.089.8712.1715.957.719.6312.5310.6310.6310.7314.6716.28

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
2,4452,8153,0782,8772,7683,7684,4815,0145,3196,3216,939
2,0492,3802,6312,4942,3983,3433,9724,4264,7985,7026,233
Operating Profit396435447383370425509588521619705
OPM %16.19%15.46%14.52%13.33%13.37%11.28%11.36%11.73%9.80%9.80%10.16%
5987105927775118175218166163
Interest41121212222
Depreciation4844413939394644475967
Profit before Tax504549610512631787649864922929862
Tax %20.54%39.89%33.23%23.64%26.85%23.83%22.35%24.55%24.03%23.13%27.87%
Net Profit400330407391461599504652701714622
EPS26.2021.5826.6425.5730.1739.1832.9742.6145.8246.66—
Dividend Payout %11.46%18.53%16.89%21.51%18.23%15.32%21.23%18.78%17.46%19.29%—

COMPOUNDED SALES GROWTH

10 Years:
10%
5 Years:
18%
3 Years:
12%

COMPOUNDED PROFIT GROWTH

10 Years:
8%
5 Years:
9%
3 Years:
12%

STOCK PRICE CAGR

10 Years:
13%
5 Years:
24%
3 Years:
10%
1 Year:
69%

RETURN ON EQUITY

10 Years:
15%
5 Years:
14%
3 Years:
13%
Last Year:
12%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Corporate actions

2026

Sep 4

₹ 4.50

Rs.9.0000 per share(450%)Final Dividend

2024

Sep 17

₹ 4

Rs.8.0000 per share(400%)Final Dividend

2023

Sep 22

₹ 3.50

Rs.7.0000 per share(350%)Final Dividend

2022

Sep 15

₹ 3

Rs.6.0000 per share(300%)Final Dividend

2021

Sep 16

₹ 2.75

Rs.5.5000 per share(275%)Final Dividend

2020

Sep 17

₹ 2.75

Rs.5.5000 per share(275%)Final Dividend

2018

Sep 12

₹ 2

Rs.4.0000 per share(200%)Final Dividend

2017

Sep 14

₹ 1.50

Rs.3.0000 per share(150%)Dividend

2016

Aug 26

₹ 1.25

Rs.2.5000 per share(125%)Dividend

2016

Aug 26

₹ 0.25

Rs.0.5000 per share(25%)Special Dividend

2025

May 28

₹ 4

Rs.8.0000 per share(400%)Final Dividend

2026

Aug 31

₹ 4.50

Rs.9.0000 per share(450%)Final Dividend

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital31313131313131313131
2,1102,3982,7062,9733,3843,8914,3404,9155,4656,055
11064710151514
Trade Payables188177208159176190209234242222
1091772082392913751,6611,7681,9992,281
Total Liabilities2,4402,7843,1543,4073,8864,4946,2506,9637,7518,603
415409404387394380435444583848
Capital Work in Progress851027268721168210105
1,1591,5231,7671,1211,5712,0142,6103,5843,9864,195
4624995875937556536755767171,023
0000000177243370
Cash & Bank1761044993454387398145168
2192443373451,0851,3222,4361,9151,8671,893
Total Assets2,4402,7843,1543,4073,8864,4946,2506,9637,7518,603

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
34137031641923160548857720749
Cash from Investing-126-134-110587-859-378-225-440-82153
Cash from Financing-75-57-75-86-86-87-97-112-128-129
1144-30810-83183526-373

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026

Shareholding Pattern

Numbers in percentages

Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
35.8635.8635.8635.8635.8635.8635.8635.8635.86
11.6411.3210.9910.5710.679.909.429.629.65
16.8316.7316.2416.0615.5615.8715.7616.4316.70
Government0.000.000.000.000.000.000.000.000.00
35.6636.0936.9137.5137.9138.3738.9638.1037.79

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-09-05
Shareholders meeting

2026-09-05 - Finolex Cables Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 28, 2026

2026-09-04
Analysts/Institutional Investor Meet/Con. Call Updates

2026-09-04 - Finolex Cables Limited has informed the Exchange about Schedule of meet

2026-08-29
General Updates

2026-08-29 - Finolex Cables Limited has informed the Exchange about General Updates

2026-08-29
Record Date

2026-08-29 - Finolex Cables Limited has informed the Exchange that Record date for the purpose of Dividend is 04-Sep-2026.

2026-08-29
Record Date

2026-08-29 - Finolex Cables Limited has informed the Exchange that Record date for the purpose of Dividend is 04-Sep-2026.

2026-08-27
General Updates

2026-08-27 - Finolex Cables Limited has informed the Exchange about General Updates

2026-08-21
Updates

2026-08-21 - Finolex Cables Limited has informed the Exchange regarding 'Machine Readable Form copy of Financial Results for June 26'.

2026-08-18
Analysts/Institutional Investor Meet/Con. Call Updates

2026-08-18 - Finolex Cables Limited has informed the Exchange about Transcript

2026-08-13
Analysts/Institutional Investor Meet/Con. Call Updates

2026-08-13 - Finolex Cables Limited has informed the Exchange about Link of Recording

News

Recent coverage and analyst commentary for FINCABLES

Loading news…

🤖

AI Stock Analyst

Finolex Cables Ltd.

🔒

Sign in to Chat with AI

Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.

✨ Sign In to Chat

Free 5nance Account

5nance5nance

Stock analysis and screening tool

5nanceAI © 2020-2026

Made with ❤️ in India.

Data provided by Accord Fintech

Terms & Privacy.

Product

PremiumWhat's new?Learn

Team

About usSupport

Theme

5nance5nance

Product

PremiumWhat's new?Learn

Team

About usSupport

Theme

5nanceAI © 2020-2026

Data provided by Accord Fintech

Made with ❤️ in India.

HomeScreens
Login