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NIFTY 5024,980.40+0.35%
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Finolex Cables Limited

Finolex Cables Limited

NSE: FINCABLES
Electrical Equipment & PartsIndustrialsMID CAPMCap ₹20.92k Cr
₹1,367.70₹-26.20 (-1.88%)

Market Closed • NSE

Market cap₹20.92k Cr
Enterprise value₹19.27k Cr
P/E TTM26.15
Forward P/E18.81
P/B3.44
EPS TTM₹52.31
Forward EPS₹72.70
D/E0.31
Dividend yield0.01%
52W high₹1,499.00
52W low₹700.80
Price chart(1Y)
1Y Return:+32.04% (+₹331.90)
H: ₹1,499L: ₹956.2
1W-4.91%
1M-2.01%
3M+35.93%
6M+41.23%
1Y+74.70%
Today at a glance

Day range

₹1,364.30₹1,417.40

52 week range

₹700.80₹1,499.00
Volume269.1K0.47x 20D avg
Free float50.00%-53.20% volume

Finolex Cables Limited closed at INR1367.70 (-1.88%) on volume 0.47x its 20-day average, trading 8.76% below its 52-week high.

Technical analysis
RSI (14)46.0Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹58.14High
SMA 20₹1,438.96BEARISH
SMA 50₹1,344.31BULLISH
SMA 100₹1,199.13BULLISH
SMA 200₹1,040.15BULLISH
CPR bottom₹1,417.50
Pivot₹1,409.63
CPR top₹1,401.77
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved -1.4% QoQ

2026-09-04

DIVIDEND Announced

Dividend - Rs 9 Per Share

2025-09-04

DIVIDEND Announced

Dividend - Rs 8 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹19.1 Cr₹20.92k Cr0.09%≤ 33%PASS
Non-halal income ratio–₹6.32k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹6.83k Cr₹6.99k Cr97.67%≥ 20%PASS
Receivables ratio–₹6.99k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E26.1528.10
Forward P/E18.81—
P/B3.443.00
EV/EBITDA—18.00
PEG—1.10
Earnings yield3.803.60
Growth & profitability
RevenuePAT
FY24PAT margin 11.40%
FY25PAT margin 10.20%
FY26PAT margin 11.30%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+5.90%
Revenue CAGR 5Y+5.10%
PAT CAGR 3Y+9.40%
PAT CAGR 5Y+1.80%
Operating margin11.06%
Net margin11.53%
Financial health & cash flow
Net debt–Moderate
Interest coverage320.10xEBIT / interest
CFO / PAT0.18x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹49.1 Cr
Capital expenditure–
Free cash flow₹-10520.0 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall68/100
Valuation60/100
Profitability50/100
Financial health95/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Low Debt Profile: Debt-to-Equity is comfortable at 0.31x

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Electrical Equipment & Parts.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
04 Sept 2026Dividend₹9.00 / share—04 Sept 2026
05 Sept 2025Dividend₹8.00 / share—04 Sept 2025
18 Sept 2024Dividend₹8.00 / share—17 Sept 2024
22 Sept 2023Dividend₹7.00 / share—22 Sept 2023
—Dividend₹6.00 / share—15 Sept 2022
—Dividend₹5.50 / share—16 Sept 2021
—Dividend₹5.50 / share—17 Sept 2020
—Dividend₹4.50 / share—05 Sept 2019
—Dividend₹4.00 / share—12 Sept 2018
—Dividend₹3.00 / share—14 Sept 2017
—Dividend₹2.00 / share—26 Aug 2016
—Dividend₹1.80 / share—30 Jul 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)38.86%+3.86% latest vs average
Highest delivery51.28%on 30 Sept
Average volume (20D)574.4KTrading-session average
Conviction trendStrengthening+3.86% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Larsen & Toubro Limited
Larsen & Toubro LimitedLT
Open analysis
₹4.99L30.091.05%₹67,942.00₹4,988.00+6.69%+15.52%
Adani Ports and Special Economic Zone Limited
Adani Ports and Special Economic Zone LimitedADANIPORTS
Open analysis
₹4.03L29.880.43%₹10,821.00₹3,650.00+18.57%+10.24%
Hindustan Aeronautics Limited
Hindustan Aeronautics LimitedHAL
Open analysis
₹3.34L35.790.92%₹5,515.00₹1,590.00+14.44%+14.88%
Bharat Electronics Limited
Bharat Electronics LimitedBEL
Open analysis
₹2.75L44.860.66%₹5,547.00₹1,055.00+24.93%+8.88%
InterGlobe Aviation Limited
InterGlobe Aviation LimitedINDIGO
Open analysis
₹1.81L—0.00%₹24,584.10-₹237.60+19.95%-110.92%
Bharat Heavy Electricals Limited
Bharat Heavy Electricals LimitedBHEL
Open analysis
₹1.51L52.550.32%₹7,697.72₹381.91+40.29%+183.84%
ABB India Limited
ABB India LimitedABB
Open analysis
₹1.44L92.640.43%₹3,559.00₹362.00+21.05%+2.84%
CG Power and Industrial Solutions Limited
CG Power and Industrial Solutions LimitedCGPOWER
Open analysis
₹1.33L106.680.16%₹3,281.00₹308.00+14.00%+15.36%
About Finolex Cables Limited
Finolex Cables Limited

Finolex Cables Limited engages in the manufacture and sale of electrical and communication cables, and other electrical appliances in India and internationally. The company operates through Electrical Cables, Communication Cables, Copper Rods, and Others segments. It offers PVC, flame retardant low smoke, halogen free flame retardant insulated industrial, and 3 core flat cables; communication cables, including CCTV, CAT6 LAN, optic fiber, speaker, RG6 coaxial, telephone, and FinoGreen cables; power and control cables; and agricultural, solar, and automotive cables. The company also provides switches, smart switches, accessories, and mounting boxes; and LED spot downlights, LED battens, and Double and Tri color panels, as well as LED floodlights and lens streetlights. In addition, it offers ceiling, table, wall mounted, pedestal, and exhaust fans; switchgear products, such as miniature and residual current circuit breakers, isolators, auto changeover current limiters, molded case circuit breakers, and distribution boards; instant, storage, and immersion water heaters; conduits and fittings; and smart door locks and switches. Finolex Cables Limited was founded in 1958 and is based in Pune, India.

IndiaIndustrials

Questions investors ask
Is Finolex Cables Limited Shariah compliant?

Finolex Cables Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (0.09%) complies with AAOIFI threshold (≤ 33%).

What is Finolex Cables Limited's current valuation relative to peers?

Finolex Cables Limited trades at a P/E of 26.1x compared to the sector median of 28.1x, and a Price-to-Book of 3.4x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.31x. Interest coverage is 320.1x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 5.1% while net profit growth averaged 1.8%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.