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Finolex Cables Limited

Finolex Cables Limited

FINCABLES.BO
Finolex Cables LimitedIN flagBombay Stock Exchange
1,054.75
INR
+7.85
- -
161.27BMarket Cap
Finolex Cables Limited
FINCABLES.BO
(Bombay Stock Exchange)

Recent

price

1,054.75

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
131.33
133.29
146.71
152.78
158.87
153.24
158.35
181.09
198.12
185.74
177.99
241.83
288.37
322.8
347.78
- -
413.25
Revenue per Share
5.68
6.42
9.5
13.58
12.99
21.49
26.17
21.58
26.64
25.57
30.17
39.18
32.97
42.61
45.82
- -
46.66
Basic EPS, GAAP
0.3
13.49
9.74
14.67
11.97
22.19
11.61
12.99
7.18
18.08
3.89
26.54
21.27
23.43
-1.91
- -
- -
Free Cash Flow per Basic Share
0.7
0.81
0.93
1.4
1.87
1.91
2.48
2.98
3.97
4.47
5.48
5.48
5.98
7
7.98
- -
- -
Dividend per Share
7.2
12.04
19.16
29.49
53.14
71.92
89.71
107.65
129.26
149.17
173.88
207.62
234.6
270.11
307.85
- -
2
Book Value per Share
46.91
52.33
60.43
72.14
97.35
116.09
139.9
158.75
178.92
196.37
223.25
256.43
285.66
323.31
359.25
- -
397.7
Tangible Book Value per Share
153
153
153
153
153
153
153
153
153
153
153
153
153
153
153
- -
153
Basic Weighted Avg Shares
20,085
20,385
22,438
23,367
24,297
23,436
24,218
27,696
30,301
28,407
27,222
36,986
44,103
49,368
53,189
63,210
63,210
Sales/Revenue/Turnover
6.73
7.08
8.53
9.11
8.59
12.97
14.37
15.09
14.45
12.89
12.64
10.47
10.55
11.04
9.3
8.86
8.86
Operating Margin (%)
388
395
466
484
640
580
480
438
406
389
390
388
464
438
466
594
594
Depreciation Expense
868
982
1,453
2,077
1,987
3,287
4,002
3,301
4,075
3,910
4,615
5,991
5,043
6,517
7,008
7,137
7,137
Net Income, GAAP
19.01
10.14
14.95
14.89
24.51
21.03
20.54
39.89
33.23
23.64
26.85
23.83
22.35
24.55
24.03
23.13
23.13
Effective Tax Rate (%)
4.32
4.82
6.47
8.89
8.18
14.03
16.53
11.92
13.45
13.76
16.95
16.2
11.43
13.2
13.18
11.29
11.29
Profit Margin (%)
2,538
3,074
4,612
5,010
6,777
9,153
9,820
12,702
14,308
18,302
20,926
25,036
28,915
32,120
34,231
31,124
31,124
Working Capital
970
1,162
1,452
1,267
512
258
8
6
4
56
45
66
100
146
153
141
141
LT Debt
7,175
8,004
9,243
11,034
14,894
17,760
21,409
24,290
27,371
30,037
34,145
39,221
43,704
49,459
54,952
60,859
60,859
Total Equity
11.57
13.33
15.72
15.43
10.97
13.83
13.76
10.87
11.23
9.64
7.77
8
8.67
8.78
7.13
7.34
7.37
Return on Invested Capital (%)
29.99
31.23
37.59
40.89
27.11
32.12
31.98
21.92
22.52
18.38
18.65
20.52
14.89
16.86
15.82
29.93
29.93
Return on Capital (%)
123.4
66.75
60.9
55.83
31.44
34.37
32.38
21.87
22.49
18.36
18.68
20.54
14.91
16.89
15.86
30.12
30.12
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
52
- -
51
LT Borrowings
8
- -
8
LT Finance Leases
155
- -
133
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
153
- -
153
Market Capitalization
125,101
114,661
118,674

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
39,393
- -
35,320
Cash, Cash Equivalents & STI
28,590
- -
20,694
Accounts Receivable, Net
2,287
- -
3,701
Inventories
7,940
- -
10,232
Total Current Liabilities
5,134
- -
4,196
Payables & Accruals
- -
- -
- -
ST Debt
52
- -
51
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.14%
12.26%
10.75%
Free Cash Flow
71.83%
145.07%
260.52%
Net Income, GAAP
9.43%
10.52%
1.85%
Sales/Revenue/Turnover
11.03%
18.73%
18.84%
Total Cash Common Dividend
15.89%
8.03%
0.08%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
12,042
11,874
12,217
13,234
49,368
2025
12,305
13,117
11,821
15,946
53,189
2026
13,955
13,758
15,986
19,511
63,210

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
10.49
10.08
9.87
- -
42.61
2025
15.95
7.71
9.63
12.53
45.82
2026
10.63
10.63
10.73
14.67
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
7
2025
- -
- -
- -
- -
7.98
2026
- -
- -
- -
- -
- -
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Business
Finolex Cables Limited manufactures electrical wires and cables, communication cables, and electrical products in India. The company produces PVC insulated industrial cables, FinoGreen PVC insulated industrial cables, FR-LSH PVC insulated industrial cables, PVC insulated single core and multicore flexible industrial cables, rodent repellent multicore flexible industrial cables, PVC insulated winding wires, 3 core flat cables, XLPE 3 core flat cables, power and control cables, high voltage power cables up to 33 kV, polyethylene insulated jelly filled telephone cables, auto and battery cables, coaxial and CATV cables, LAN cables, switchboard cables, fibre optic cables, solar cables; it also offers lighting products, water heaters, fans, switches, switchgear, home appliances, electrical conduits, smart switches, and smart door locks. Finolex Cables Limited, founded in 1958 and headquartered in Pune, Maharashtra, operates manufacturing facilities in Pimpri and Urse in Pune, Goa, and Roorkee in Uttarakhand; it maintains a partnership with J-Power Systems Corporation of Japan for EHV cable systems and produces continuous cast copper rods at its Goa plant to support operations. The company recently signed a memorandum of understanding with the Government of Maharashtra in February 2024 for a Rs 580 crore investment to more than double its optic fibre cable capacity to 10 million fibre km per year, including new fibre draw towers and backward integration into glass preforms production; it expanded automobile wire capacity by 50% to 87,000 km per month across Urse and Roorkee facilities by October 2024 with Rs 200 crore capex at Urse, introduced CAT6A, CAT6 FTP, double-sheathed CAT6, armoured CCTV cables, and economy-class CCTV cables, and entered the smart switches and smart door locks market.