Finolex Cables
770.65
-5.05(-0.65%)
Market Cap₹11,786.27 Cr
PE Ratio17.87
Company Performance:
1D-0.65%
1M+7.45%
6M-20.01%
1Y-29.69%
5Y+83.03%
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More news about Finolex Cables
18Nov 25
Finolex Cables Reports Mixed Q2 FY26 Results: Revenue Up 5%, EBITDA Jumps 26%
Finolex Cables Limited released Q2 FY26 results showing 5% revenue growth and 35% PAT growth. The company faced challenges in agriculture and building wires segments due to prolonged monsoons and real estate market moderation. However, it achieved 60% volume growth in the cables segment. New preform and fiber draw plants are expected to be operational by March 2026, aiming to enhance production capacity.
14Nov 25
Finolex Cables Confirms Compliance Officer Cessation on December 12, 2025
Finolex Cables Limited has officially confirmed the departure of Mrs. Gayatri Kulkarni from her role as Assistant Company Secretary and Compliance Officer, effective December 12, 2025, at 5:15 PM. Her resignation, initially submitted on November 13, 2025, was due to personal reasons and her desire to pursue new opportunities for professional growth. The departure affects multiple critical functions including compliance oversight, POSH Act responsibilities, and secretarial duties.
14Nov 25
Finolex Cables Reports Robust Q2FY26 Performance with 28% PAT Growth
Finolex Cables Limited announced robust Q2FY26 financial results. Revenue grew 5% YoY to Rs. 1,376.00 crore, EBITDA margins expanded by 26% YoY, and PAT surged 28% to Rs. 187.00 crore. The company maintained industry-leading working capital efficiency despite a temporary increase in working capital days. Growth was noted in Conduit Pipes and Switches segments, while 3CF Cables, Communication Cables, and Fans segments faced challenges due to seasonal factors and market conditions.
11Nov 25
Finolex Cables Reports 28% Profit Growth in Q2 FY2025-26
Finolex Cables Limited (FCL) announced strong Q2 FY2025-26 results. Revenue increased by 5% to Rs. 1,375.80 crore. Profit After Tax rose 28% to Rs. 186.90 crore. Power Cables segment grew by 40%, while Electrical Wires remained flat and Communication Cables were muted. Half-year revenue grew 9% to Rs. 2,771.30 crore with PAT up 21% to Rs. 325.70 crore. The company navigated fluctuating metal prices with strategic pricing actions. Production trials at the Preform Facility are expected to be completed by year-end.
11Nov 25
Finolex Cables Reports Robust Q2 FY26 Results with 28% Jump in Net Profit
Finolex Cables Limited (FCL) reported impressive Q2 FY26 results. Revenue increased by 4.89% to ₹1,375.80 crore, while net profit surged 27.93% to ₹186.90 crore. Power cables segment showed robust 40% volume growth, while electrical wires remained flat and communication cables were subdued. EBIT margin improved to 10.9%. Half-year performance saw 9% revenue growth and 21% profit increase. The company's new Preform Facility is expected to complete production trials by year-end.
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
770.65
-5.05
(-0.65%)
1 Year Returns:-29.69%
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