Finolex Cables

Finolex Cables

787.40
-9.35
(-1.17%)
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Key Fundamentals
Add Ratio
Market Cap
12,042.40 Cr
EPS
45.82
PE Ratio
19.44
Dividend Yield
1.02 %
52 Week High
1,342.75
52 Week Low
779.80
PB Ratio
2.19
Debt to Equity
0.00
Analyst Rating and Forecast
- By Refinitiv from5 analysts
BUY
Analysts have suggested that investors can buy this stock
Buy
Buy+100.00 %
+100.00 %
Hold
Hold0.0 %
0.0 %
Sell
Sell0.0 %
0.0 %
Forecast For
Actual

Company News

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negative
Finolex Cables Limited received an Order-in-Original from the Assistant Commissioner, Central Tax, Division-II (Pimpri), Pune-I Commissionerate on October 16, 2025. The order partially confirms a demand under Show Cause Notice for disallowing Input Tax Credit due to mismatch on GST portal. The total demand comprises Rs 10.03 lakh in tax, Rs 5.22 lakh in interest, and Rs 25.93 lakh in penalty, totaling Rs 41.19 lakh. The company is alleged to have claimed excess Input Tax Credit compared to the GST portal. Finolex Cables has the option to file an appeal with the Appellate Authority and states the tax demand will not have a major impact on company operations.
neutral
Finolex Cables Limited reported revenue of INR 1,400 crore in Q1, representing 13% year-over-year growth, with profit after tax also growing 13%. The electrical segment drove performance with 16% volume growth, primarily from power cables rather than wires. However, the company faced challenges including unseasonal rains impacting agricultural wire demand, depressed communication cable volumes due to delayed contract closures, and price erosion in the lighting segment affecting FMEG revenues. Gross margins remained stable at 20%. The company has underperformed industry growth over the past 4-5 years, with management acknowledging a shift from retail sales to lower-margin project sales. Finolex announced a capex plan of INR 300 crore for the year, including investments in optical fiber business and electrical cables expansion. The company completed its E-beam facility for electrical cables and is preparing to launch its optical fiber preform facility.
neutral
Finolex Cables Makes Q1 FY26 Earnings Call Recording Available OnlineAug 16, 2025
Finolex Cables Limited has made the audio recording of their Q1 FY26 earnings call available on their website. The analysts/investors meet was held on August 14, 2025 at 4:00 PM IST to discuss quarterly results for the period ended July 30, 2025. The company filed this disclosure on August 16, 2025, with Gayatri Kulkarni, Assistant Company Secretary & Compliance Officer, signing the document. The recording is accessible through the company's official website for investors and analysts.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
7,560.00
#1 1,13,800.60
45.70
#1 22,615.90
23.85
#1 2,046
55.66
50.07
3,990.10
38,126.40
48.30
9,807.70
20.29
696
31.46
40.03
1,421.80
16,078.60
39.85
7,669.30
15.20
312
134.95
69.94
787.40
#4 12,042.40
#2 19.44
#4 5,516.30
#9 6.29
#2 701
#8 -33.33
42.27
728.75
2,331.30
21.64
2,431.20
18.93
89
#1 487.50
56.43
397.65
1,927.00
24.95
1,031.90
33.75
65
41.01
43.99
1,765.00
1,921.80
53.98
406.50
#1 92.02
32
67.92
42.66
581.45
1,419.90
39.34
906.20
60.16
36
-62.50
60.74
335.95
1,343.80
-
152.90
0.72
-20
-45.16
34.67
42.89
1,308.30
#1 16.31
1,586.60
47.10
87
-26.88
40.22
Growth Rate
Revenue Growth
6.29 %
Net Income Growth
7.53 %
Cash Flow Change
-64.08 %
ROE
-3.26 %
ROCE
-4.53 %
EBITDA Margin (Avg.)
-8.97 %

Quarterly Financial Results

Quarterly Financials
Jun 2018
Sept 2018
Dec 2018
Mar 2019
Jun 2019
Sept 2019
Dec 2019
Mar 2020
Jun 2020
Sept 2020
Dec 2020
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Revenue
846
756
782
874
850
770
748
678
414
694
932
1,029
735
1,024
1,044
1,364
1,060
1,117
1,205
1,322
1,279
1,259
1,297
1,501
1,433
1,369
1,249
1,698
1,476
Expenses
661
628
640
679
702
619
603
571
343
548
721
786
605
813
854
1,067
897
1,026
1,004
1,079
1,058
1,041
1,088
1,239
1,104
1,206
1,044
1,424
1,259
EBITDA
184
128
142
196
148
151
146
107
71
146
211
243
130
211
190
297
163
90
200
244
221
218
209
262
329
163
205
274
217
Operating Profit %
16 %
12 %
15 %
18 %
13 %
14 %
14 %
12 %
9 %
14 %
13 %
15 %
10 %
13 %
12 %
10 %
12 %
6 %
13 %
12 %
12 %
12 %
11 %
12 %
10 %
8 %
12 %
11 %
10 %
Depreciation
10
11
10
10
10
10
10
10
10
10
9
11
10
10
10
9
9
11
11
15
11
11
11
12
11
12
12
12
14
Interest
0
0
0
0
0
0
0
1
0
0
0
0
0
0
0
1
0
0
0
1
0
0
0
1
0
0
0
1
0
Profit Before Tax
174
117
132
185
138
141
136
97
61
136
202
232
120
201
179
287
153
79
189
228
210
207
198
250
318
151
193
262
203
Tax
57
45
39
61
41
15
33
32
16
33
55
65
33
56
36
62
34
24
35
53
50
52
47
64
74
33
45
70
40
Net Profit
117
72
93
124
97
127
103
65
45
102
147
168
87
145
143
225
120
55
154
175
160
154
151
186
244
118
147
192
163
EPS in ₹
7.67
4.69
6.10
8.12
6.34
8.29
6.72
4.22
2.91
6.69
9.61
10.96
5.68
9.47
9.35
14.68
7.82
3.62
10.09
11.44
10.49
10.08
9.87
12.17
15.95
7.71
9.63
12.53
10.63

Balance Sheet

Balance Sheet
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total Assets
2,099
2,430
2,784
3,154
3,407
3,886
4,494
4,981
5,635
6,287
Fixed Assets
432
415
409
404
387
394
380
435
445
583
Current Assets
1,183
1,434
1,510
1,692
2,069
2,343
2,797
3,212
3,548
3,784
Capital Work in Progress
3
8
5
10
27
26
87
21
168
211
Investments
881
1,159
1,523
1,767
1,121
1,571
2,014
2,610
3,584
3,986
Other Assets
783
847
847
973
1,872
1,894
2,013
1,915
1,440
1,507
Total Liabilities
2,099
2,430
2,784
3,154
3,407
3,886
4,494
4,981
5,635
6,287
Current Liabilities
267
263
240
261
239
251
294
320
336
361
Non Current Liabilities
55
26
115
156
164
220
278
290
353
430
Total Equity
1,776
2,141
2,429
2,737
3,004
3,415
3,922
4,370
4,946
5,495
Reserve & Surplus
1,745
2,110
2,398
2,707
2,973
3,384
3,892
4,340
4,915
5,465
Share Capital
31
31
31
31
31
31
31
31
31
31

Cash Flow

Cash Flow
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Net Cash Flow
81
11
45
-31
810
-831
8
35
26
-3
Investing Activities
-195
-126
-135
-110
587
-860
-378
-225
-440
-82
Operating Activities
339
213
236
154
309
114
473
356
577
207
Financing Activities
-64
-75
-57
-75
-86
-86
-87
-97
-112
-128

Share Holding

% Holding
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Promoter
35.92 %
35.92 %
35.92 %
35.92 %
35.92 %
35.92 %
35.92 %
35.92 %
35.92 %
35.92 %
35.92 %
35.92 %
35.92 %
35.86 %
35.86 %
35.86 %
35.86 %
35.86 %
35.86 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
1.89 %
0.00 %
0.00 %
11.77 %
11.07 %
11.58 %
11.65 %
11.32 %
11.00 %
10.57 %
10.67 %
9.90 %
DIIs
18.11 %
16.59 %
16.21 %
16.47 %
15.72 %
15.17 %
18.00 %
18.10 %
17.03 %
15.56 %
15.59 %
15.93 %
15.88 %
16.84 %
16.74 %
16.24 %
16.07 %
15.57 %
15.88 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
16.91 %
17.07 %
17.19 %
16.64 %
17.25 %
17.75 %
16.90 %
16.60 %
16.90 %
17.77 %
17.37 %
17.78 %
17.47 %
16.55 %
16.92 %
17.59 %
18.11 %
18.48 %
19.06 %
Others
29.07 %
30.43 %
30.69 %
30.98 %
31.12 %
31.16 %
29.18 %
27.50 %
30.15 %
30.74 %
19.36 %
19.31 %
19.16 %
19.10 %
19.17 %
19.31 %
19.39 %
19.43 %
19.30 %
No of Share Holders
65,576
73,518
80,266
81,190
90,842
97,012
99,808
94,652
1,00,123
1,25,344
1,28,513
1,25,351
1,28,440
1,12,071
1,24,788
1,37,311
1,57,533
1,59,021
1,76,353

Dividend History

Annual Cash Flows 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Dividend Per Share (₹) 0.00 3 4 4.5 5.5 5.5 6 7 8 8
Dividend Yield (%) 0.00 0.44 0.84 2.21 1.44 1.46 0.74 0.7 0.88 1.02

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
18 Sept 2021 DIVIDEND Dividend
₹ 5.50 /share
16 Sept 2021 524.05 512.90
17 Sept 2022 DIVIDEND Dividend
₹ 6.00 /share
15 Sept 2022 362.55 461.35
22 Sept 2023 DIVIDEND Dividend
₹ 7.00 /share
22 Sept 2023 841.00 1,094.55
29 Sept 2023 ANNUAL GENERAL MEETING Annual General Meeting
NA
29 Sept 2023 1,015.25 1,195.55
18 Sept 2024 DIVIDEND Dividend
₹ 8.00 /share
17 Sept 2024 1,160.10 1,418.00
28 Sept 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
28 Sept 2024 1,411.60 1,443.35
12 Nov 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
12 Nov 2024 1,209.70 1,204.55
12 Feb 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
12 Feb 2025 1,001.50 916.35
28 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
28 May 2025 961.15 988.45
12 Aug 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
12 Aug 2025 878.00 845.90
05 Sept 2025 DIVIDEND Dividend
₹ 8.00 /share
04 Sept 2025 988.45 843.20
29 Sept 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
29 Sept 2025 861.95 819.80

Announcements

Board Meeting Intimation for Prior Intimation Of Board Meeting1 day ago
Intimation- ORDER-IN-ORIGINAL NO. P-I/D-II/R-II/GST/09/AC/25-26Oct 16, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 06, 2025
Shareholder Meeting / Postal Ballot-Scrutinizers ReportSep 30, 2025
Shareholder Meeting / Postal Ballot-Outcome of AGMSep 29, 2025
Shareholder Meeting / Postal Ballot-Outcome of AGMSep 29, 2025
Closure of Trading WindowSep 26, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 08, 2025
Revised Notice Of AGM Sep 05, 2025
Reg. 34 (1) Annual Report.Sep 05, 2025
Business Responsibility and Sustainability Reporting (BRSR)Sep 04, 2025
Reg. 34 (1) Annual Report.Sep 04, 2025
Shareholders Meeting To Be Held On 29Th September 2025Sep 04, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptAug 19, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAug 16, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 14, 2025
Results - Unaudited Financial Results For Quarter Ended 30Th June 2025Aug 12, 2025
Board Meeting Outcome for Board Meeting OutcomeAug 12, 2025
Communication To Shareholders On Tax Deduction At Source/Withholding Tax On Dividend.Aug 11, 2025
Corporate Action-Board to consider DividendAug 07, 2025
Intimation Of Annual General Meeting Date - 29Th September 2025 Record Date For Payment Of Dividend For The Financial Year 2024-25.Aug 07, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 06, 2025
Board Meeting Intimation for Prior Intimation Of Board MeetingAug 02, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 31, 2025
Intimation- Order Of The Additional Commissioner Grade-II AppealJul 23, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 07, 2025
Newspaper Advertisement For The Transfer Of Equity Shares To Investor Education And Protection FundJul 02, 2025
Closure of Trading WindowJun 26, 2025
Announcement Under Regulation 30 (LODR)Jun 18, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptJun 04, 2025
Clarification In Volume Movement LetterJun 04, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeJun 03, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationJun 02, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 29, 2025
Appointment Of Secretarial AuditorMay 28, 2025
Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 28, 2025
Financial Results For The Year Ended 31St March 2025May 28, 2025
Corporate Action-Board approves DividendMay 28, 2025
Board Meeting Outcome for Outcome Of The Board Meeting Held On 28Th May 2025.May 28, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 22, 2025
Board Meeting Intimation for Board Meeting IntimationMay 17, 2025
Board Meeting Intimation for Board Meeting IntimationMay 17, 2025
Rumour verification - Regulation 30(11)May 06, 2025
Clarification sought from Finolex Cables LtdMay 06, 2025
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure AApr 19, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 10, 2025
Closure of Trading WindowMar 26, 2025
Clarification sought from Finolex Cables LtdMar 19, 2025
Clarification On Volume MovementMar 19, 2025
Intimation- Order Of Assistant Commissioner Of CGSTFeb 27, 2025

Mutual Fund Holdings

Funding HouseCurrent Holding %1M Change1M Change %3M Change %Last 6M Trend
Franklin India Opportunities Direct Fund-Growth
0.75%
298123
0.30%
0.75%
Taurus Ethical Fund Direct-Growth
0.57%
8741
0.20%
0.17%
SBI Nifty Smallcap 250 Index Fund Direct - Growth
0.31%
-1939
-0.02%
-0.03%
Nippon India Nifty Smallcap 250 Index Fund Direct - Growth
0.31%
-1381
-0.02%
-0.03%
JioBlackRock Nifty Smallcap 250 Index Fund Direct - Growth
0.31%
1250
-0.02%
0.31%
Nippon India Nifty 500 Equal Weight Index Fund Direct-Growth
0.20%
1153
0.02%
0.01%
Motilal Oswal Nifty Smallcap 250 Index Fund Direct - Growth
0.31%
-924
-0.02%
-0.03%
DSP Nifty Smallcap250 Quality 50 Index Fund Direct - Growth
1.33%
883
0.01%
-0.03%
HDFC Nifty Smallcap 250 Index Fund Direct-Growth
0.31%
-666
-0.02%
-0.03%
Edelweiss Nifty Smallcap 250 Index Fund Direct - Growth
0.31%
558
-0.02%
-0.03%
ICICI Prudential Nifty Smallcap 250 Index Fund Direct - Growth
0.31%
-420
-0.02%
-0.03%
HDFC Nifty500 Multicap 50:25:25 Index Fund Direct-Growth
0.08%
-228
0.00%
-0.01%
Tata Nifty500 Multicap India Manufacturing 50:30:20 Index Fund Direct - Growth
0.29%
-224
-0.03%
-0.05%
Groww Nifty Smallcap 250 Index Fund Direct - Growth
0.31%
-209
-0.02%
-0.04%
Motilal Oswal Nifty 500 Index Fund Direct - Growth
0.03%
90
0.00%
0.00%
SBI Nifty 500 Index Fund Direct-Growth
0.03%
-78
0.00%
0.00%
Bandhan Nifty Smallcap 250 Index Fund Direct-Growth
0.31%
-53
-0.02%
-0.03%
Kotak Nifty Smallcap 250 Index Fund Direct-Growth
0.31%
-24
-0.02%
-0.03%
HDFC BSE 500 Index Fund Direct - Growth
0.03%
-19
0.00%
-0.01%
ICICI Prudential Nifty 500 Index Fund Direct-Growth
0.03%
13
0.00%
0.00%
Axis Nifty 500 Index Fund Direct-Growth
0.03%
10
0.00%
0.00%
Navi Nifty 500 Multicap 50:25:25 Index Fund Direct-Growth
0.08%
-8
0.00%
0.00%
Groww Nifty Total Market Index Fund Direct - Growth
0.03%
-7
0.00%
0.00%
Bandhan Nifty Total Market Index Fund Direct-Growth
0.03%
-4
0.00%
0.00%
Angel One Nifty Total Market Index Fund Direct - Growth
0.03%
2
0.00%
0.00%

Technical Indicators

RSI(14)
Neutral
42.27
ATR(14)
Volatile
15.95
STOCH(9,6)
Neutral
31.96
STOCH RSI(14)
Overbought
81.11
MACD(12,26)
Bullish
1.69
ADX(14)
Weak Trend
19.57
UO(9)
Bearish
34.61
ROC(12)
Downtrend And Accelerating
-0.52
WillR(14)
Neutral
-75.52

About Finolex Cables

Finolex Cables Limited, established in 1958, is India's largest manufacturer of electrical and telecommunication cables. The company produces electrical cables, communication cables, and other electrical appliances at facilities in Goa, Maharashtra, and Uttarakhand. It also manufactures continuous cast copper rods at its Goa plant. Finolex has expanded into Fast-Moving Electrical Goods, offering products such as switches, LED lamps, fans, MCBs, water heaters, and PVC conduit pipes. The company has entered joint ventures and collaborations to enhance its product range and technological capabilities. Finolex has diversified its portfolio to include high voltage power cables, optical fiber cables, and various consumer electrical products. The company has also invested in solar power and established retail stores called Finolex Houses to strengthen its market presence.
Chairperson NameRatnakar Barve