Finolex Cables
749.15
-4.50(-0.60%)
Market Cap₹11,457.45 Cr
PE Ratio17.67
Company Performance:
1D-0.60%
1M-4.63%
6M-23.77%
1Y-34.48%
5Y+126.64%
View Company Insightsright
More news about Finolex Cables
06Nov 25
Finolex Cables Announces Q2 FY2026 Earnings Conference Call
Finolex Cables Limited, a leading Indian manufacturer of electrical and telecommunication cables, has announced an earnings conference call for November 14, 2025, at 4:00 PM IST. The call will discuss financial results for Q2 and H1 FY2026. Mr. Mahesh Viswanathan, Deputy CEO and CFO, will represent the management. Multiple participation options are available, including DiamondPass™ registration and various dial-in numbers. Finolex Cables, established in 1958, has expanded into fast-moving electrical goods and operates four manufacturing plants across India.
16Oct 25
Finolex Cables Faces Rs 41.19 Lakh GST Demand for Input Tax Credit Mismatch
Finolex Cables Limited has been issued a GST order demanding Rs 41.19 lakh for an alleged Input Tax Credit mismatch. The order, issued by the Assistant Commissioner, Central Tax, Division-II (Pimpri), Pune-I Commissionerate on October 16, 2025, includes Rs 10.03 lakh in tax, Rs 5.22 lakh in interest, and Rs 25.93 lakh in penalties. The company has acknowledged the order and stated it has the option to appeal. Finolex Cables asserts that this demand is not expected to significantly impact its operations.
19Aug 25
Finolex Cables Reports 13% Revenue Growth in Q1, Faces Margin Pressures from Product Mix Shift
Finolex Cables Limited reported a 13% year-over-year increase in revenue, reaching INR 1,400.00 crore for the first quarter, with profit after tax also growing by 13%. The electrical segment showed strong performance with 16% volume growth, primarily in power cables. However, the company faced challenges including decreased demand for agricultural wires due to unseasonal rains, depressed volumes in communication cables, and price erosion in the lighting segment. Margin pressures were experienced due to a shift in product mix towards discounted project sales. The company announced a INR 300.00 crore capex plan for the fiscal year, including investments in an E-beam facility and optical fiber business. Finolex Cables expects growth to pick up, particularly in the real estate sector, potentially driving demand for wires and cables.
14Aug 25
Finolex Cables Reports 13% Revenue Growth in Q1, Electrical Cables Segment Shines
Finolex Cables Limited reported a 13% year-over-year revenue increase to Rs. 1,396.00 crores in Q1. EBITDA rose 11% to Rs. 185.00 crores, and PAT grew 13% to Rs. 139.00 crores. The electrical cables segment drove growth with a 17% revenue increase, while communication cables and other segments declined. Despite overall growth, the company experienced a sequential decline compared to the previous quarter. Unseasonal rains and delays in optical fiber cable agreements impacted performance in some segments.
12Aug 25
Finolex Cables Reports 13% Revenue Growth to Rs 1,395.5 Crore in Q1
Finolex Cables Limited reported a 13% increase in both revenue and profit after tax for Q1. Revenue reached Rs 1,395.5 crore, while profit after tax stood at Rs 138.8 crore. Electrical Wires volumes grew by 6%, and Power Cables saw a significant 96% volume increase. However, Communication Cables experienced lower volumes. The company faced challenges from unseasonal rains, copper price volatility, and product mix changes, impacting margins. The Preform Facility expansion is now expected to be operational by Q4 of the current fiscal year.
11Aug 25
Finolex Cables Announces 400% Dividend, Issues Detailed Tax Guidelines
Finolex Cables Limited has recommended a 400% dividend (Rs. 8.00 per share) for FY 2025, subject to shareholder approval. The company provided detailed tax deduction at source (TDS) guidelines for various shareholder categories. Key dates include a record date of September 5, 2025, and a document submission deadline of August 31, 2025. TDS rates vary based on shareholder type and residency status. An online platform for document submission has been provided to ensure appropriate tax treatment.
03Jun 25
Finolex Cables Surges Over 5% on Jefferies' Bullish Outlook Post Strong Q4 Results
Finolex Cables' stock price increased by over 5% following a positive outlook from Jefferies. The company reported a 14% year-on-year sales growth in Q4, surpassing market expectations. Jefferies maintained a 'buy' rating, citing growth opportunities from India's 5G rollout and expanding data center market. The investment bank projects a 19% PAT CAGR for FY2025-2028 and a 370 basis points expansion in ROCE for Finolex Cables.
28May 25
Finolex Cables: Q4 Revenue Up 14%, Declares ₹8 Dividend
Finolex Cables announced strong Q4 results with revenue up 13.8% to ₹1,594.60 crore and net profit increasing 3% to ₹191.70 crore. The company's optical fibre cables segment saw 30% volume growth. EBITDA rose by 5.5% year-over-year, though EBITDA margin slightly decreased. A dividend of ₹8 per share was declared.
Finolex Cables
749.15
-4.50
(-0.60%)
1 Year Returns:-34.48%
Industry Peers
Polycab
7,470.00
(-0.12%)
KEI Industries
4,145.60
(+0.24%)
RR Kabel
1,403.30
(+1.23%)
Finolex Cables
749.15
(-0.60%)
Universal Cables
956.30
(+2.85%)
V Marc
714.35
(-0.63%)
Dynamic Cables
330.30
(-1.21%)
Quadrant Future Tek
304.50
(-2.56%)