FINCABLES

The stock has been placed in Additional Surveillance Measure (ASM) list STASM - I (11).

Finolex Cables Ltd.

NSE: FINCABLES

BSE: 500144

Sector: Capital Goods

Industry Group: Industrial Products

Industry: Cables - Electricals

1,260.50-30.7 (-2.38%)

21 Aug, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

53.7 / 100

Value Score

48.3 / 100

Price Momentum Score

89.6 / 100

QVM Score

77.4 / 100

Key Metrics

Market Cap

19278.00

P/E (TTM)

24.09

P/B

3.17

P/S (TTM)

2.78

EV/EBITDA

23.69

CAPE (5Y)

28.93

ROE (TTM)

12.33

ROCE (TTM)

9.64

ROA (TTM)

10.75

Avg 3Y ROE

13.25

Earnings 3Y CAGR

13.64

Sales 3Y CAGR

14.11

Sales 5Y CAGR

17.74

Debt/Equity

0.00

Consensus TP

1505.00

Strong Buy %

100.00

Promoter Holding

35.86

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Finolex Cables Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Stock is reasonably valued and PE TTM is at a discount to industry median

PE TTM of 24.09 indicates that the stock is reasonably valued on a standalone basis. Discount to industry median P/E is decent at -15.15%

What is P/E Ratio?

Median: 28.39

Value 24.09

12.6357.58

Strong price momentum

Price Momentum score of 89.6 indicates that the stock has strong price momentum. Research has shown that stocks with higher momentum continue to outperform in the near term

What is Price Momentum score?

89.6 / 100

Analysts have been raising forward EPS estimates

Analyst EPS estimate (consensus) for forward EPS has increased by 11.45% in the last 3 months, indicating earnings momentum

What is Earnings upgrade (3M)?

Strong revenue growth and above median growth of industry

The company delivered strong revenue growth of 26.53% for 12-month ended 30 Jun 2026 and the growth was 3.15 percentage points higher than median growth of industry

What is Sales growth (1Y)?

Median: 23.38

Value 26.53

-9.598.44

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.0 as on 30 Jun 2026 and Debt to Equity remained same in the last 1 year

What is Debt to Equity?

Consistently pays dividend

The company has not missed dividend payments once in the last 10 financial years

What is Dividend streak?

Company is net cash

The company is net cash i.e., cash and cash equivalents exceed total debt indicating a healthy balance sheet

What is Net Debt ?

Negative

Low but stable operating margin

The company reported low operating margin of 9.51% for 12-month ended 30 Jun 2026 and operating margin improved marginally by 37 bps from 1 year ago

What is Operating profit margin?

Low dividend yield

The company has a low dividend yield of 0.71%

What is Dividend yield?

Neutral

Moderate and stable ROE

The company reported moderate ROE of 12.33% for 12-month ended 30 Jun 2026 and ROE declined marginally by -109 bps from 1 year ago

What is ROE (FY)?

Strong EPS growth but lower than median growth of industry

The company delivered strong EPS growth of 29.16% for 12-month ended 30 Jun 2026 but the growth was 16.9 percentage points lower than median growth ofindustry

What is EPS growth (1Y)?

Company's earnings are of moderate quality

Earnings quality score of 41.8 indicates that the company's earnings are of moderate quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

41.8 / 100

Financial Snapshot

See detailed analysis

Multi-year trends for Finolex Cables Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Finolex Cables Ltd. Shareholding Pattern

Quarterly breakdown of Finolex Cables Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total 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	35.92	35.92	35.92	35.92	35.86	35.86	35.86	35.86	35.86	35.86	35.86	35.86	35.86
Indian 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	35.92	35.92	35.92	35.92	35.86	35.86	35.86	35.86	35.86	35.86	35.86	35.86	35.86
Foreign Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	26.68	26.76	25.85	25.88	26.47	25.89	25.34	25.84	25.09	24.53	28.05	28.30	27.81	26.82	27.35	26.99	27.46	28.49	28.05	27.23	26.64	26.23	25.77	25.18	26.05	26.35
Mutual Funds / UTI	19.17	19.77	18.73	18.31	18.09	16.58	16.19	16.46	15.71	15.16	14.47	13.87	13.37	12.19	11.89	10.82	10.59	10.72	10.45	10.06	9.91	9.92	10.70	10.44	11.63	11.10
FI/Bank/Insurance	0.04	0.04	0.06	0.02	0.02	0.02	0.02	0.02	0.02	0.02	3.52	3.57	3.00	2.55	2.72	4.76	5.12	5.92	6.08	5.96	5.90	5.43	4.97	5.11	4.53	5.41
Govt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	7.48	6.96	7.07	7.55	8.36	9.29	9.12	9.37	9.36	9.25	7.84	8.33	8.88	11.25	11.77	11.06	11.59	11.64	11.32	10.99	10.57	10.67	9.90	9.42	9.62	9.65
Other Institutions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.10	2.22	2.55	2.56	0.82	0.97	0.35	0.16	0.19	0.20	0.22	0.25	0.21	0.20	0.21	0.27	0.19
Non-Institution	37.41	37.32	38.23	38.21	37.61	38.20	38.75	38.24	39.00	39.56	36.03	35.78	36.28	37.27	36.74	37.09	36.63	35.66	36.09	36.91	37.51	37.91	38.37	38.96	38.10	37.79
Bodies Corporate	15.31	15.31	15.42	15.35	15.24	15.38	15.21	15.16	15.24	15.43	1.01	1.09	1.24	1.24	1.12	1.07	0.92	0.93	0.98	1.04	1.10	1.14	1.00	0.97	0.98	1.00
Others (incl. Retail) No. of shareholders	22.10 47,236	22.01 52,132	22.81 62,858	22.86 61,265	22.37 65,123	22.82 73,034	23.54 79,780	23.08 80,698	23.76 90,301	24.13 96,445	35.02 99,225	34.69 93,941	35.04 99,304	36.03 1,24,457	35.62 1,27,568	36.02 1,24,436	35.71 1,27,546	34.73 1,11,280	35.11 1,23,937	35.87 1,36,403	36.41 1,56,628	36.77 1,58,102	37.37 1,75,474	37.99 1,88,833	37.12 1,81,505	36.79 1,82,466

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

#	Index	Weight	Rank
1	SHI: Cables - Electricals	12.83%	3 / 10
2	Nifty Smallcap250 Quality 50	1.35%	37 / 50
3	Nifty 500 Momentum Quality 50	0.52%	41 / 50
4	Nifty 500 Momentum 50	0.37%	48 / 50
5	Nifty Smallcap 250	0.35%	102 / 249
6	Nifty 500	0.04%	324 / 499
7	Nifty Total Market	0.04%	364 / 749

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Finolex Cables Ltd. shares as reported to NSE and BSE.

Name	Date	Type	Price	Qty.	Value
Ishares Core Emerging Markets Mauritius Co	11 Oct 2022	sell	₹ 452.25	3.37 lac	₹ 15.26 cr
Ishares Core Msci Emerging Markets Etf	11 Oct 2022	buy	₹ 452.25	3.37 lac	₹ 15.26 cr
Ishares India Sc Mauritius Company	11 Oct 2022	sell	₹ 452.25	31.69 k	₹ 1.43 cr
Ishares Msci India Small-Cap Etf	11 Oct 2022	buy	₹ 452.25	31.69 k	₹ 1.43 cr
Ishares Core Emerging Markets Mauritius Co	19 Sep 2022	sell	₹ 464.65	2.03 lac	₹ 9.46 cr
Ishares Core Msci Emerging Markets Etf	19 Sep 2022	buy	₹ 464.65	2.03 lac	₹ 9.46 cr
Ishares India Sc Mauritius Company	19 Sep 2022	sell	₹ 464.65	18.93 k	₹ 87.97 lac
Ishares Msci India Small-Cap Etf	19 Sep 2022	buy	₹ 464.65	18.93 k	₹ 87.97 lac
Ishares Core Msci Total International Stock Etf	04 May 2022	buy	₹ 394.80	2.68 lac	₹ 10.58 cr
Ishares Core Total International Stock Mauritius Co	04 May 2022	sell	₹ 394.80	2.68 lac	₹ 10.58 cr

Corporate Actions

History of Finolex Cables Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 8/share
Record date: 5th Sep 2025Ex-date: 4th Sep 2025
Announced on: 28th May 2025
Dividend₹ 8/share
Record date: 18th Sep 2024Ex-date: 17th Sep 2024
Announced on: 23rd May 2024
Dividend₹ 7/share
Record date: 22nd Sep 2023Ex-date: 22nd Sep 2023
Announced on: 26th May 2023
Dividend₹ 6/share
Record date: 16th Sep 2022Ex-date: 15th Sep 2022
Announced on: 29th May 2022
Dividend₹ 5.50/share
Record date: 17th Sep 2021Ex-date: 16th Sep 2021
Announced on: 29th Jun 2021

Company Profile

Overview of Finolex Cables Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Finolex Cables Limited is an India-based company, which is engaged in the manufacturing of electrical cables, communication cables, and other electrical appliances. The Company’s segments include Electrical cables, Communication cables, Copper rods, and Others. The Electrical cables segment manufact...

Key personnel

Mr. Mahesh Viswanathan

Chief Executive Officer

Mr. Sachin Naik

Chief Financial Officer

Nirnoy Sur

Compliance Officer, General Manager, Company Secretary

Mr. Gitesh Karandikar

Assistant General Manager - Secretarial

Mr. Gitesh Karandikar

Asst General Manager - Secretarial

Mr. Ratnakar Prakash BarveD

Whole Time Chairman of the Board

Mr. Pravin AhireD

WholeTime Director

Mr. Nikhil Manohar NaikD

Non-Independent Non-Executive Director

View all

Incorporated on

05 Jun 1967

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

IPO date

03 Nov 1994

Free Float

6,31,67,438

Website

https://www.finolex.com/

Phone no.

+912027475963

Address

26-27, Mumbai - Pune Road, Pimpri, PUNE, 411018, India

Frequently Asked Questions

What is the current share price of Finolex Cables Ltd.?

The current share price of Finolex Cables Ltd. is ₹ 1,260.50 as of 21 Aug 2026.

What is the market capitalisation of Finolex Cables Ltd.?

The market capitalisation of Finolex Cables Ltd. stands at ₹ 19,278.00 Cr.

What is the PE ratio of Finolex Cables Ltd.?

The Price-to-Earnings (PE) ratio of Finolex Cables Ltd. is 24.09 as of the latest trailing twelve months data.

What is the ROE and ROCE of Finolex Cables Ltd.?

Finolex Cables Ltd. has a Return on Equity (ROE) of 12.33% and a Return on Capital Employed (ROCE) of 9.64% as per the latest financial reports.

What is the 52-week high and low of Finolex Cables Ltd.?

The 52-week high of Finolex Cables Ltd. is - and the 52-week low is -.

What is the dividend yield of Finolex Cables Ltd.?

The dividend yield of Finolex Cables Ltd. is 0.71% based on the current market price.

What is the FII and DII holding in Finolex Cables Ltd.?

Foreign Institutional Investors (FII) hold 9.65%, Domestic Institutional Investors (DII) hold 16.51% and retail/public investors hold 36.79% of Finolex Cables Ltd. shares.

What sector does Finolex Cables Ltd. belong to?

Finolex Cables Ltd. operates in the Capital Goods sector. 100% of analysts have a Buy or Strong Buy rating on Finolex Cables Ltd. with a consensus target price of ₹ 1,505.00, implying 19.4% upside from current levels.

What is the beta of Finolex Cables Ltd.?

The beta of Finolex Cables Ltd. is 0.99, indicating its price volatility relative to the broader market. Over the past 1 year, Finolex Cables Ltd. has delivered an absolute return of 52.02%.

What is the RSI of Finolex Cables Ltd.?

The 14-day Relative Strength Index (RSI) of Finolex Cables Ltd. is 64.83, placing it approaching overbought territory. An RSI above 70 is considered overbought and below 30 is considered oversold.

Finolex Cables Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Finolex Cables Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Holdings and Presence

Stock Analysis

Company Profile

Corporate Actions