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Finolex Cables
Mid Cap•1,576 Employees•IPO 1994
Current Price
₹889.35
-57.1 (-6.03%)Updated
Today's Range
₹884.40
₹939.55
₹889.35
52 Week Range
52W Low₹700.80
52W High₹1028.00
₹889.35
Downside26.90%
Upside15.59%
Price Chart
Compare with Peers
Historical Ratios
Track top 12 most important financial ratios
P/E Ratio: Price to Earnings - Most used valuation metric
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Analyzing Investment Quality
Processing 9 key metrics...
Key Metrics
Hover for details
Valuation
Market Cap
₹12,515.79 Cr
Market Cap
Total market value of companyP/E Ratio
18.53
P/E Ratio
Price to Earnings. Lower is generally better (<25 is good)P/B Ratio
2.19
P/B Ratio
Price to Book Value. <3 may indicate undervaluationEPS
₹43.39
EPS
Earnings Per Share. Higher and growing is positiveProfitability
ROE
6.33%
ROE
Return on Equity. >15% is good, >20% is excellentROCE
17.70%
ROCE
Return on Capital Employed. >15% is goodNet Margin
11.97%
Net Margin
Net profit as % of revenue. >10% is goodOperating Margin
-%
Operating Margin
Operating profit margin. >15% is goodGrowth
EPS Growth (5Y)
12.39%
EPS Growth (5Y)
5-year EPS growth. >15% is strongRevenue Growth (5Y)
13.08%
Revenue Growth (5Y)
5-year revenue growth. >10% is goodQtr Sales Growth
13.40%
Qtr Sales Growth
Quarter-over-quarter sales growthQtr Profit Growth
-33.30%
Qtr Profit Growth
Quarter-over-quarter profit growthFinancial Health
Debt/Equity
-
Debt/Equity
Financial leverage. <1 is good, <0.5 is excellentBook Value
₹359.31
Book Value
Net asset value per shareDividend Yield
0.99%
Dividend Yield
Annual dividend as % of price. >2% is goodPromoter Holding
35.90%
Promoter Holding
Promoter stake. >50% shows confidenceGood
Average
Needs Attention
SWOT Analysis
Strengths
5 points- •Finolex Cables demonstrates a healthy ROE of 13.4% and a robust ROCE of 17.6%, indicating efficient capital utilization and strong profitability. This suggests a capacity for generating returns and value for shareholders.
- •Finolex Cables showcases robust quarterly sales growth of 13.40%, signifying strong market demand and effective penetration. This positive growth trajectory is a key indicator of the company's financial health.
Weaknesses
5 points- •Finolex Cables experienced a significant quarterly profit decline of -33.30%, raising concerns about earnings stability. This, coupled with recent stock volatility, presents a risk for investors.
- •The company's annual net profit of 619 Cr appears modest relative to its market capitalization of 12159 Cr. This raises questions about profit scalability and future growth potential.
Opportunities
4 points- •The 'Cables - Electricals' industry, a vital component of infrastructure development, presents significant growth opportunities driven by urbanization, industrial expansion, and government initiatives.
- •Finolex Cables' P/E ratio of 19.60 is considerably lower than the sector P/E of 27.81 and many peers, suggesting potential for re-rating as the market recognizes its intrinsic value.
Threats
4 points- •The 'Cables - Electricals' sector is highly competitive, with larger players like Polycab and KEI Industries demonstrating higher quarterly profit growth and market share, posing a significant competitive threat.
- •A broader economic slowdown or reduced capital expenditure in infrastructure projects could dampen demand for electrical cables, negatively impacting Finolex Cables' sales and profitability.
Segment-wise Financial Analysis
Financial Results
Balance Sheet
Standalone • Annual • All amounts in ₹ Crores • CA Schedule III Format
No Balance Sheet Data Available
Standalone annual data is not available for this symbol.
Try switching to Consolidated view.
Shareholding Pattern
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Company Insider Trading Activity
No insider trading data available
Corporate Action
Company Announcements
Technical Analysis & Indicators
Standard pivot points - most widely used
Pivot Points (CLASSIC)
| Level | Price | Distance | % Change |
|---|---|---|---|
| R4 | ₹1034.77 | +₹145.42 | +16.35% |
| R3 | ₹979.62 | +₹90.27 | +10.15% |
| R2 | ₹959.58 | +₹70.23 | +7.90% |
| R1 | ₹924.47 | +₹35.12 | +3.95% |
| PIVOT | ₹904.43 | 15.08 | 1.70% |
| CURRENT | ₹889.35 | - | - |
| S1 | ₹759.02 | -₹130.33 | -14.65% |
| S2 | ₹814.17 | -₹75.18 | -8.45% |
| S3 | ₹849.28 | -₹40.07 | -4.51% |
| S4 | ₹869.32 | -₹20.03 | -2.25% |
CPR Levels
Support
Resistance
S4
N/A
S3
N/A
S2
N/A
S1
N/A
| CPR |
BC: N/AP: N/ATC: N/A
R1
N/A
R2
N/A
R3
N/A
R4
N/A
LTP: N/A
PDH: N/A
PDL: N/A
● Market Sentiment
is trading CPR, indicating
● CPR Width
CPR is
● Opening Range
Day's range: ~
● Price Position
Trading Inside opening range
Delivery Volume Analysis & Trading Activity
Latest Volume+15.4% vs avg
8.17L
(04 Mar 2026)Delivery %-8.9% vs avg
33.0%
(04 Mar 2026)Avg Volume (20D)20-day average
7.08L
(04 Feb - 04 Mar)Avg Delivery %Trend ↓
41.9%
(04 Feb - 04 Mar)Delivery % indicates the percentage of traded volume that resulted in actual delivery. Higher delivery % (>50%) suggests genuine buying interest and stronger hands.
Peer Comparison & Industry Benchmarking
Quick Compare
Largest by Market Cap
Polycab India Ltd
1.17L ₹ Cr
Best Profit Growth
HEG Ltd
355.00 %
Highest Dividend Yield
Graphite India Ltd
1.64 %
Peer Comparison
| Company Name |
|---|
 Amara Raja Energy & Mobility Ltd |
 CG Power & Industrial Solutions Ltd |
 Diamond Power Infrastructure Ltd |
 Graphite India Ltd |
 HEG Ltd |
 Pitti Engineering Ltd |
 Polycab India Ltd |
 Precision Wires India Ltd |
 R R Kabel Ltd |
 Schneider Electric Infrastructure Ltd |
 Fujiyama Power Systems Ltd |
 V-Guard Industries Ltd |
 Voltamp Transformers Ltd |
About
Finolex Cables Ltd
Finolex Cables Limited is a prominent Indian manufacturer and seller of a wide range of electrical and communication cables, along with various other electrical appliances. Their business operations are segmented into Electrical Cables, Communication Cables, Copper Rods, and Others, showcasing the breadth of their product portfolio.
Within the Electrical Cables segment, Finolex offers a comprehensive selection catering to diverse applications. This includes cables for high-voltage applications (1100V), motor windings, automotive and battery systems, UPS systems, elevators, solar power installations, and industrial settings. They also provide heavy-duty cables for demanding environments, underground cabling solutions, and a full range of low and high-voltage power and control cables.
Their Communication Cables segment encompasses a similarly broad spectrum of products, covering fiber optic cables, coaxial cables, local area network (LAN) cables, CCTV cables, speaker cables, and various types of telephone cables (jelly filled, PE insulated, and V-SAT). This demonstrates a significant presence in the telecommunications infrastructure market.
Beyond cables, Finolex Cables Limited produces copper rods, a key raw material in the electrical industry, which contributes to their vertical integration and supply chain management. The "Others" segment comprises a diverse array of electrical appliances, reflecting a strategy of diversification beyond core cable manufacturing.
This diverse "Others" segment includes electrical switches and sockets, voltage regulators, energy-efficient lighting solutions (CFL, T5 tube lights, and LED-based lighting), various types of fans (ceiling, table, wall, pedestal, and exhaust), switchgear products (miniature circuit breakers, molded case circuit breakers, and distribution boards), water heaters, irons, conduit pipes and fittings, and even smart home technology like door locks and switches. This breadth of offering caters to both residential and commercial markets.
Finolex Cables employs a multi-channel distribution strategy, utilizing both retail outlets under the "Finolex Houses" brand and online retail stores to reach a wide customer base across India and internationally. Established in 1958 and headquartered in Pune, India, the company enjoys a long history and significant market share within the Indian electrical and communication cable industry.
COMPANY FACTS - FINCABLES
Registered Address
26-27, Mumbai - Pune Road, Pimpri
Pune
MAHARASHTRA
IN
Company Details
Group: Capital Goods
Sector: Industrials
Industry: Electrical Equipment
Exchange: NATIONAL STOCK EXCHANGE OF INDIA
Employees: 1,576
IPO Date: 03/11/1994
MANAGEMENT - FINCABLES
Mr. Ratnakar Barve
Executive Chairman of the Board
Mr. Mahesh Viswanathan
Chief Financial Officer
Mrs. Gayatri Kulkarni
Assistant Company Secretary, Compliance Officer
Mr. Pravin Ahire
Whole Time Director
Mr. Zubin Billimoria
Non-Executive Independent Director
Mr. Sriraman Raghuraman
Non-Executive Independent Director
Mrs. Vanessa Singh
Non-Executive Independent Woman Director
Mr. Gitesh Karandikar
Asst General Manager - Secretarial
Investor Questions Answered
Finolex Cables Ltd (FINCABLES) Stock FAQs
Get answers to the most common questions about Finolex Cables Ltd stock price, fundamentals, financial metrics, and investment analysis
The current share price of Finolex Cables Ltd (FINCABLES) is ₹889.35. Today, the stock has declined by ₹57.10 (6.03%), trading in a range of ₹884.4 to ₹939.55. The stock opened at ₹925 with a trading volume of 8,17,364 shares.
Finolex Cables Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹12,515.79 crores, P/E ratio of 18.53, ROE of 6.33%, and ROCE of 17.70%. The dividend yield stands at 0.99%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
The 52-week high price of Finolex Cables Ltd (FINCABLES) is ₹1,028, while the 52-week low is ₹700.8. Currently trading at ₹889.35, the stock is 57.6% away from its 52-week low and 13.5% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
Whether to buy Finolex Cables Ltd stock at ₹889.35 depends on multiple factors. The stock is currently trading with a P/E ratio of 18.53 and P/B ratio of N/A. Today's performance shows a loss of 6.03%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
Finolex Cables Ltd offers a dividend yield of 0.99%, which means for every ₹100 invested at the current price of ₹889.35, you can expect to receive approximately ₹0.99 annually as dividends. The face value of the stock is ₹2.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
Finolex Cables Ltd's key financial metrics include: P/E Ratio: 18.53, P/B Ratio: N/A, ROE: 6.33%, ROCE: 17.70%, Dividend Yield: 0.99%, EPS: ₹43.39, Book Value: ₹359.31, Debt-to-Equity: 0.00, and Current Ratio: N/A. The company's market cap stands at ₹12,515.79 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
Finolex Cables Ltd stock opened at ₹925 and is currently trading at ₹889.35, showing a decline of ₹57.10 (6.03%). The intraday high is ₹939.55 and low is ₹884.4. The trading volume stands at 8,17,364 shares, indicating moderate market participation today.
Finolex Cables Ltd has a Price-to-Earnings (P/E) ratio of 18.53, which means investors are willing to pay ₹18.53 for every ₹1 of earnings. With an EPS of ₹43.39, this P/E ratio indicates moderate valuation in line with market standards. Compare this with industry peers and historical P/E ratios for better context.
Finolex Cables Ltd has a market capitalization of ₹12,515.79 crores, making it a small-cap company. Market cap is calculated by multiplying the current stock price (₹889.35) by the total number of outstanding shares. This metric helps investors understand the company's size, stability, and investment risk profile.
Finolex Cables Ltd has a book value of ₹359.31 per share and a Price-to-Book (P/B) ratio of N/A. The current market price is ₹889.35, which is 147.5% above the book value. A P/B ratio below 1 may indicate undervaluation or asset quality concerns.
Finolex Cables Ltd has a Return on Equity (ROE) of 6.33% and Return on Capital Employed (ROCE) of 17.70%. ROE measures how efficiently the company generates profits from shareholders' equity, while ROCE indicates how well the company uses its capital to generate profits. These returns may need improvement for better profitability. Higher percentages generally indicate better financial performance.
Finolex Cables Ltd operates in the diversified sector and belongs to the general industry. The company competes with other players in this space and its performance is influenced by sector-specific trends, regulatory changes, and market dynamics. Understanding the sector helps investors assess growth potential, cyclical patterns, and industry-specific risks that may impact the stock's performance.
Finolex Cables Ltd has a debt-to-equity ratio of 0.00, which measures the company's financial leverage by comparing total debt to shareholders' equity. A low ratio suggests conservative financing with minimal debt. Lower ratios generally indicate lower financial risk, but optimal levels vary by industry.
Finolex Cables Ltd has an Earnings Per Share (EPS) of ₹43.39, which represents the company's profit allocated to each outstanding share. With a current stock price of ₹889.35 and P/E ratio of 18.53, investors are paying 18.53 times the annual earnings per share. This moderate EPS suggests decent earnings generation. Track EPS growth over quarters to assess earnings momentum.
Finolex Cables Ltd has reported a sales growth of N/A% and profit growth of N/A%. The company may be facing growth challenges or operating in a mature market. Consistent growth over multiple quarters is a positive indicator for long-term investors. Compare these growth rates with industry peers for better perspective.
Finolex Cables Ltd has a current ratio of N/A, which measures the company's ability to pay short-term obligations with current assets. A ratio below 1 may indicate potential liquidity concerns. This metric is crucial for assessing the company's working capital management and financial safety.
To analyze Finolex Cables Ltd stock, consider: 1) Fundamental Analysis - Review P/E (18.53), ROE (6.33%), debt-to-equity (0.00), and growth rates. 2) Technical Analysis - Check 52-week range (₹700.80 - ₹1028.00), moving averages, and chart patterns. 3) Valuation - Compare current price (₹889.35) with book value (₹359.31) and industry peers. 4) Financial Health - Assess current ratio (N/A) and cash flows. 5) Growth Prospects - Evaluate sales growth (N/A%) and profit growth (N/A%). Always diversify and consult a financial advisor.
The face value (or par value) of Finolex Cables Ltd share is ₹2.00. Face value is the nominal value of a share as stated in the company's charter and is used for accounting purposes and calculating dividends. The current market price of ₹889.35 is 44368x the face value. Face value remains constant unless the company undergoes a stock split or bonus issue, while market price fluctuates based on demand and supply.
Investing in Finolex Cables Ltd carries several risks: 1) Market Risk - Stock price volatility (52-week range: ₹700.80 - ₹1028.00). 2) Business Risk - Industry-specific challenges in the sector. 3) Financial Risk - Debt-to-equity ratio of 0.00 indicates leverage. 4) Liquidity Risk - Based on trading volume of 8,17,364 shares. 5) Valuation Risk - P/E of 18.53 may indicate over/undervaluation. 6) Economic Risk - Macroeconomic factors affecting the industry. Diversify your portfolio and invest only what you can afford to lose.
Finolex Cables Ltd operates in the industry with key metrics: P/E ratio of 18.53, ROE of 6.33%, market cap of ₹12,515.79 crores, and dividend yield of 0.99%. To make an informed comparison, analyze these metrics against industry peers considering factors like revenue growth (N/A%), profit margins, debt levels (D/E: 0.00), and market position. Use our peer comparison tool on this page to see detailed side-by-side analysis with competitors.
Target prices for Finolex Cables Ltd vary among analysts and depend on multiple factors including earnings projections, industry trends, and market conditions. The stock is currently trading at ₹889.35, with a 52-week range of ₹700.80 to ₹1028.00. Based on fundamentals like P/E (18.53), ROE (6.33%), and growth rates, analysts may have different target prices. Always refer to recent research reports from reputed brokerages and make decisions based on your own analysis and risk appetite.
Consider selling Finolex Cables Ltd stock when: 1) Target Price Achieved - If the stock reaches your predetermined target from current ₹889.35. 2) Fundamental Deterioration - Declining ROE (currently 6.33%), increasing debt (D/E: 0.00), or falling growth rates. 3) Better Opportunities - Finding stocks with superior risk-reward ratios. 4) Portfolio Rebalancing - When the stock becomes overweight in your portfolio. 5) Changed Investment Thesis - If reasons for buying no longer hold. 6) Stop Loss - If price falls below your risk threshold. Always base decisions on thorough analysis rather than emotions.
Tax implications for Finolex Cables Ltd stock investments: 1) Short-term Capital Gains (STCG) - If sold within 1 year, gains taxed at 15% plus cess. 2) Long-term Capital Gains (LTCG) - If held over 1 year, gains above ₹1 lakh taxed at 10% without indexation. 3) Dividend Income - Dividends (current yield: 0.99%) are taxable as per your income tax slab. 4) Securities Transaction Tax (STT) - Applicable on both buy and sell transactions. 5) Intraday Trading - Treated as speculative income, taxed as per slab. Tax laws change periodically, so consult a tax advisor for personalized guidance and latest regulations.
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