Finolex Cables
- Market cap
- ₹ 16,761 Cr.
- P/E
- 20.8x
- P/B
- 2.86x
- 52-week range
- 700.8 – 1,499
- ROE
- 12%
- ROCE
- 16%
- Dividend yield
- 0.8%
- Debt / equity
- 0
- Sector
- Industrial Products
- Industry
- Cables - Electricals
- Listed on
- NSE, BSE
About
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 manufactures light-duty electrical cables and power and control cables. The Communication cables segment includes copper-based cables and optical fiber (glass-based) cables (OFC). The Copper rods segment is engaged in manufacturing continuous cast copper rods (CCC rods), which are used in the production of copper-based electrical and communication cables. Its product portfolio includes wires and cables, fans, water heaters, switches, switchgear, home appliances-room heaters, home appliances-iron, lights, conduits and fittings, and smart homes. Its wires and cables include house wires, agriculture cables, ofc, telephone cables, LAN cables, speaker cables, and power cables.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Cables - Electricals: 26 companies →Finolex Cables against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)20.8 against a typical 22.9: cheaper than most peers (1st = cheapest).11th of 26
- Sales growth+44.2% against a typical +38.5% from a year earlier.7th of 17
- Profit growth+52.8% against a typical +38.9% from a year earlier.6th of 15
- Share price, 3 months+18.4% against a typical +5.2%.6th of 24
- Size₹ 16,761.2 Cr. market value against a typical ₹ 1,468 Cr. (1st = largest).4th of 25
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
No up-to-date rating
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Withdrawn | Stable | 27 Nov 2025 |
Every agency has withdrawn its rating.
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 27 Nov 2025 | Withdrawn | was Crisil AA+ | — | CRISIL | ₹ 650 Cr. |
Research by Minerva Capital Research Solutions
Our research team's work on Finolex CablesAlso covered in
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 11 Aug 2026 | Financial Results | To consider and approve the inter alia, financial results for the period ended Jun 30, 2026 |
| 28 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 10 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 11 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 12 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 28 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and dividend |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,187 | 1,222 | 1,401 | 1,230 | 1,312 | 1,182 | 1,595 | 1,396 | 1,376 | 1,599 | 1,951 | 2,013 |
| Expenses | 1,041 | 1,088 | 1,239 | 1,104 | 1,206 | 1,044 | 1,424 | 1,259 | 1,231 | 1,441 | 1,771 | 1,769 |
| Operating Profit | 146 | 134 | 162 | 127 | 106 | 138 | 171 | 136 | 145 | 158 | 180 | 244 |
| OPM % | 12% | 11% | 12% | 10% | 8% | 12% | 11% | 10% | 11% | 10% | 9% | 12% |
| Other Income | 72 | 75 | 100 | 202 | 57 | 67 | 104 | 80 | 76 | 74 | 140 | 92 |
| Interest | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 11 | 11 | 12 | 11 | 12 | 12 | 12 | 14 | 14 | 15 | 17 | 22 |
| Profit before tax | 206 | 198 | 250 | 318 | 151 | 193 | 261 | 203 | 206 | 216 | 303 | 314 |
| Tax % | 25% | 24% | 25% | 23% | 22% | 24% | 27% | 20% | 21% | 24% | 26% | 21% |
| Net Profit | 154 | 151 | 186 | 244 | 118 | 147 | 192 | 163 | 163 | 164 | 224 | 249 |
| EPS in Rs | 10.08 | 9.87 | 12.17 | 15.95 | 7.71 | 9.63 | 12.54 | 10.63 | 10.63 | 10.73 | 14.67 | 16.28 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 10%
- 5 Years
- 18%
- 3 Years
- 12%
- TTM
- 27%
- 10 Years
- 9%
- 5 Years
- 9%
- 3 Years
- 12%
- TTM
- 29%
- 10 Years
- 12%
- 5 Years
- 23%
- 3 Years
- 7%
- TTM
- —
- 10 Years
- 14%
- 5 Years
- 14%
- 3 Years
- 13%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Finolex Cables | ₹ 1,155.00 | ₹ 16,761 Cr. | 20.8x | 2.9x | 12% | — |
| Bharat Forge | ₹ 1,709.60 | ₹ 81,734 Cr. | 89.6x | 10.9x | 11.5% | 6.5% |
| Havells India | ₹ 1,032.00 | ₹ 64,764 Cr. | 44.1x | 7.9x | — | 6.9% |
| Schaeffler India | ₹ 3,468.00 | ₹ 54,379 Cr. | 56.2x | 10.7x | — | 12% |
| Sterlite Technologies | ₹ 829.00 | ₹ 42,603 Cr. | 464.5x | 11.2x | 2.6% | 1.2% |
| R R Kabel | ₹ 2,150.60 | ₹ 26,329 Cr. | 51.2x | 10.1x | 20.8% | 5.1% |
Management
- Ratnakar Prakash Barve
- Whole Time Chairman of the Board
- Mahesh Viswanathan
- Chief Executive Officer
- Sachin Naik
- Chief Financial Officer
- Pravin Ahire
- WholeTime Director
Prices are delayed and for information only. Nothing on this page is investment advice.