Finolex Cables Limited

Finolex Cables Limited

1,139.90
INR
-62.50
(-5.20%)
52.31EPS
22.35P/E
178.85BMarket Cap
Nov 17Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
152.78
158.87
153.24
158.35
181.09
198.12
185.74
177.99
241.83
288.37
322.8
339.6
403.43
453.63
Basic EPS, GAAP
13.58
12.99
21.49
26.17
21.58
26.64
25.57
30.17
39.18
32.97
42.61
45.82
46.67
52.31
Free Cash Flow per Basic Share
14.67
11.97
22.19
11.61
12.99
7.18
18.08
3.89
26.54
21.27
23.43
-1.91
-6.88
- -
Dividend per Share
1.4
1.87
1.91
2.48
2.98
3.97
4.47
5.48
5.48
5.98
7
7.98
7.98
- -
Book Value per Share
72.14
97.39
116.12
139.98
158.82
178.97
196.4
223.26
256.45
285.76
323.39
359.31
397.93
- -
Tangible Book Value per Share
72.14
97.35
116.09
139.9
158.75
178.92
196.37
223.25
256.43
285.66
323.31
359.21
397.75
- -
Basic Weighted Avg Shares
153
153
153
153
153
153
153
153
153
153
153
153
153
153
Sales/Revenue/Turnover
23,367
24,297
23,436
24,218
27,696
30,301
28,407
27,222
36,986
44,103
49,368
51,938
61,700
69,386
Operating Margin (%)
9.15
8.6
12.98
14.38
15.16
14.6
13.1
12.66
11.16
10.54
11.09
9.17
9.38
9.51
Depreciation Expense
484
640
580
480
438
406
389
390
389
464
439
466
594
673
Net Income, GAAP
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
8,001
Effective Tax Rate (%)
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
23.1
Profit Margin (%)
8.89
8.18
14.03
16.53
11.92
13.45
13.76
16.95
16.2
11.43
13.2
13.49
11.57
11.53
Working Capital
5,010
6,777
9,153
9,820
12,702
14,308
18,303
20,926
25,036
28,915
32,120
34,231
31,124
- -
LT Debt
1,267
512
258
8
6
4
56
45
66
100
146
153
141
- -
Total Equity
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
- -
Return on Invested Capital (%)
15.39
10.94
13.92
13.75
10.81
11.13
9.07
7.48
8.05
8.62
8.77
7.16
7.39
- -
Return on Capital (%)
18.6
14.54
19.5
20.34
14.48
15.79
13.64
14.36
16.33
12.15
13.98
13.4
12.31
- -
Return on Common Equity (%)
20.48
15.32
20.13
20.44
14.45
15.77
13.62
14.38
16.33
12.16
13.99
13.42
12.33
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
51
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
141
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
153
153
153
Market Capitalization
114,659
118,757
178,847

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
35,320
- -
Cash, Cash Equivalents & STI
- -
20,636
- -
Accounts Receivable, Net
- -
3,701
- -
Inventories
- -
10,232
- -
Total Current Liabilities
- -
4,196
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
51
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

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
10.77%
18.21%
18.79%
Total Cash Common Dividend
15.89%
8.03%
0.08%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
12,305
13,117
11,821
15,946
51,938
2026
13,955
13,758
15,986
19,511
61,700
2027
20,132
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
15.95
7.71
9.63
12.53
45.82
2026
10.63
10.63
10.73
14.67
46.67
2027
16.28
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
7.98
2026
- -
- -
- -
- -
7.98
2027
- -
- -
- -
- -
- -

Company Description

CEO
Mahesh Viswanathan
Full Time Employees
1,609
Sector
Producer manufacturing
Industry
Electrical products
Address
26-27, Mumbai-Pune Road Pune MA India 411018
IPO Date
Nov 3, 1994
Business
Finolex Cables Limited manufactures and markets electrical and telecommunication cables along with fast-moving electrical goods in India. The company produces PVC insulated industrial cables, FinoGreen 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, smart door locks, electrical accessories, low voltage MCBs, LED based lamps, PVC conduit pipes and continuous cast copper rods. Finolex Cables Limited, founded in 1958 and headquartered in Pune, Maharashtra, operates five modern manufacturing plants in Pimpri and Urse near Pune, Goa and Roorkee in Uttarakhand; it maintains a partnership with J-Power Systems Corporation of Japan, a subsidiary of Sumitomo Electric Industries, for turnkey EHV cable systems, and produces auto cables up to 500 kV as one of few Indian manufacturers. In February 2024, the company signed a memorandum of understanding with the Government of Maharashtra's Department of Industries for a Rs 580 crore investment to expand optic fibre cable capacity with a new dedicated plant, fibre draw towers and backward integration into glass preforms to meet 5G and fiber-to-home demand; it continues diversifying into FMEG with launches of electrical accessories, conduit pipes, small domestic appliances like electric irons, and smart home products.