MarketFriction

Finolex Cables Ltd

NSE FINCABLES · BSE 500144 · Cables - Electricals
₹1,458.80 +0.59%
NSE close2026-10-01
52 week range700.80 - 1,498.00
Market cap₹21,954 Cr.
P/E27.4
Nifty 500Smallcap 250 Price band 20% Delivery 40.2%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,1871,2221,4011,2301,3121,1821,5951,3961,3761,5991,9512,013
Expenses1,0411,0881,2391,1041,2061,0441,4241,2591,2311,4411,7711,769
Operating Profit146134162127106138171136145158180244
OPM %12%11%12%10%8%12%11%10%11%10%9%12%
Other Income7275100202576710480767414092
Interest001000000000
Depreciation111112111212121414151722
Profit before tax206198250318151193261203206216303314
Tax %25%24%25%23%22%24%27%20%21%24%26%21%
Net Profit154151186244118147192163163164224249
EPS in Rs10.089.8712.1715.957.719.6312.5410.6310.6310.7314.6716.28
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2,3602,4452,8153,0782,8772,7683,7684,4815,0145,3196,3216,939
Expenses2,0022,0492,3742,6042,4942,3983,3393,9724,4264,7765,7016,211
Operating Profit358396441474384370429509588543620727
OPM %15%16%16%15%13%13%11%11%12%10%10%10%
Other Income125160153178169300398188321428370382
Interest941121212222
Depreciation584844413939394644475967
Profit before tax4165045496105126317876498649229291,040
Tax %21%21%40%33%24%27%24%22%25%24%23%
Net Profit329400330407391461599504652701714800
EPS in Rs21.4926.1721.5826.6425.5730.1739.1832.9742.6145.8246.6752.31
Dividend Payout %14%11%19%17%22%18%15%21%19%17%19%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth10%18%12%27%
Compounded Profit Growth9%9%12%29%
Stock Price CAGR13%25%9%76%
Return on Equity14%14%13%12%
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital3131313131313131313131
Reserves1,7452,1102,3982,7062,9733,3843,8914,3404,9155,4656,055
Borrowings5111187914182019
Other Liabilities272297354417395464563596671771885
Total Liabilities2,0992,4402,7843,1543,4073,8864,4944,9805,6356,2876,990
Fixed Assets432415409404387394380435444583848
CWIP3851027268721168210107
Investments8811,1591,5231,7671,1211,5712,0142,6103,5843,9864,195
Other Assets7838578479731,8721,8942,0131,9151,4391,5071,840
Total Assets2,0992,4402,7843,1543,4073,8864,4944,9805,6356,2876,990
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity33921323615430911447335657720749
Cash from Investing Activity-195-126-134-110587-859-378-225-440-82153
Cash from Financing Activity-64-75-57-75-86-86-87-97-112-128-129
Net Cash Flow811144-30810-83183526-373
Free Cash Flow32717819911027759406325577-29-105
CFO/OP114%86%84%67%109%63%141%96%125%64%32%
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1919232524231718131721
Inventory Days709890951041348069536173
Days Payable1940323428312321222116
Cash Conversion Cycle707680861001267466455778
Working Capital Days4552607382202159120685962
ROCE %26%24%24%18%20%21%16%19%18%16%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters35.92%35.92%35.92%35.86%35.86%35.86%35.86%35.86%35.86%35.86%35.86%35.86%
FIIs11.77%11.06%11.58%11.64%11.32%10.99%10.57%10.67%9.90%9.42%9.62%9.65%
DIIs15.58%15.93%15.87%16.83%16.73%16.25%16.07%15.57%15.88%15.77%16.44%16.71%
Public36.73%37.09%36.65%35.66%36.10%36.91%37.50%37.92%38.36%38.96%38.10%37.80%
No. of Shareholders1,28,5131,25,3511,28,4401,12,0711,24,7881,37,3111,57,5331,59,0211,76,3531,89,7111,82,4131,83,583

Fundamentals

Market Cap₹ 21,954 Cr.
Current Price₹ 1,436
Stock P/E27.4
Book Value₹ 398
ROCE16.0 %
ROE12.3 %
Dividend Yield0.63 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)27%
Compounded Profit Growth (TTM)29%
Consolidated figures.
Valuation
Market capRs 22,311 Cr
Enterprise valueRs 22,162 Cr
P/E (TTM)27.88x
Price to book3.67x
Price to sales3.22x
EV / EBITDA19.98x
EV / EBIT21.26x
EV / sales3.19x
Price to cash flow454.58x
Earnings yield3.59%
Dividend yield0.62%
P/E, 3-year average20.02x
P/B, 3-year average2.53x
P/E, 5-year average18.87x
P/B, 5-year average2.38x
Profitability
Operating margin (excl. other income)9.80%
Operating margin (incl. other income)15.66%
EBITDA margin15.99%
Pre-tax margin14.99%
Net profit margin11.53%
Net margin, latest quarter12.37%
ROE12.33%
ROCE16.01%
ROA10.75%
ROE, 3-year average13.25%
ROCE, 3-year average17.39%
ROA, 3-year average11.60%
ROE, 5-year average13.65%
ROCE, 5-year average17.85%
ROA, 5-year average11.95%
ROIC (approx.)13.49%
Tax rate23.13%
Other income / net worth6.08%
Growth
Sales growth (latest year)18.84%
Profit growth (latest year)1.85%
Sales CAGR, 3 years12.15%
Sales CAGR, 5 years17.96%
Profit CAGR, 3 years12.28%
Profit CAGR, 5 years9.11%
Sales growth QoQ3.18%
Profit growth QoQ10.97%
Sales growth YoY (latest quarter)44.26%
Profit growth YoY (latest quarter)53.14%
Per share
EPS (TTM)Rs 52.32
EPS (latest year)Rs 46.67
EPS (latest quarter)Rs 16.28
EPS, 3-year averageRs 45.03
EPS, 5-year averageRs 41.45
Book value per shareRs 397.93
Sales per shareRs 453.69
Cash flow per shareRs 3.21
Free cash flow per shareRs -6.87
Dividend per share (latest year)Rs 9.00
Dividend per share, 3-year averageRs 8.33
Dividend per share, 5-year averageRs 7.60
Dividends
Dividend payout19.29%
Dividend payout, 3-year average18.51%
Dividend payout, 5-year average18.41%
Efficiency
Asset turnover0.90x
Fixed asset turnover7.45x
Inventory turnover5.17x
Inventory days71 days
Debtor days21 days
Debtors turnover17.08x
Creditor days16 days
Cash conversion cycle78 days
Working capital days62 days
Leverage
Total debtRs 19 Cr
Cash and bankRs 168 Cr
Net debtRs -149 Cr
Debt to equity0.00x
Net debt / EBITDA-0.13x
Interest coverage585.51x
Owners' fund to total sources87.07%
Debt to assets0.27%
Cash flow
Cash from Operating Activity (latest year)Rs 49 Cr
Cash from Investing Activity (latest year)Rs 153 Cr
Cash from Financing Activity (latest year)Rs -129 Cr
Net Cash Flow (latest year)Rs 73 Cr
Free cash flow (latest year)Rs -105 Cr
FCFE (approx.: FCF + change in debt)Rs -106 Cr
Cash from ops / profit, 5 years0.52x
Sales to cash flow128.79x
Statement figures
Net sales (TTM)Rs 6,939 Cr
Net sales (latest year)Rs 6,321 Cr
Sales (latest quarter)Rs 2,013 Cr
Operating profit excl. other income (latest year)Rs 620 Cr
Operating profit (latest quarter)Rs 244 Cr
Other income (TTM)Rs 382 Cr
EBITDA (TTM)Rs 1,109 Cr
PBDT (TTM)Rs 1,108 Cr
Profit before tax (TTM)Rs 1,040 Cr
Tax (latest year)Rs 215 Cr
Net profit (TTM)Rs 800 Cr
Net profit (latest year)Rs 714 Cr
Net profit (latest quarter)Rs 249 Cr
Depreciation (TTM)Rs 67 Cr
Depreciation (latest quarter)Rs 22 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 5,291 Cr
Total expenditure (latest year)Rs 5,701 Cr
Total income (latest year)Rs 6,691 Cr
Share capitalRs 31 Cr
ReservesRs 6,055 Cr
Shareholders' fundsRs 6,086 Cr
Total assetsRs 6,990 Cr
Net blockRs 848 Cr
Capital work in progressRs 107 Cr
InvestmentsRs 4,195 Cr
ReceivablesRs 370 Cr
InventoryRs 1,023 Cr
Other liabilitiesRs 885 Cr
Shares outstanding (crore)15.29
Ownership
Promoter holding35.86% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 27.9 is at the 84th percentile of its own 9.4-year range (median 19.4, low 7.7, high 43.5).
P/B 3.67 is at the 79th percentile (median 2.61).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodFINCABLESNifty 50Difference
1 week-1.4%-2.8% +1.3 pts
1 month+16.9%-6.8% +23.7 pts
3 months+32.6%-7.6% +40.2 pts
6 months+87.9%+0.4% +87.5 pts
1 year+77.8%-9.9% +87.8 pts
2 years-4.4%-13.6% +9.1 pts
3 years+30.1%+14.2% +16.0 pts
5 years+204.8%+27.9% +176.9 pts
61 mutual fund schemes hold about ₹2,063 Cr. Over three months 6 bought more and 55 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Nippon India Small Cap Fund0.46%379 -24%
HSBC Value Fund2.43%374 -22%
HSBC Small Cap Fund1.39%265 -25%
Franklin India Opportunities Fund2.52%245 -24%
HDFC Children's Fund(Lock in)1.87%199 -18%
Franklin India Small Cap Fund0.99%146 -45%
Tata Small Cap Fund0.86%112 -23%
HSBC Multi Cap Fund1.33%81 -27%
Nippon India Flexi Cap Fund0.66%65 -22%
HDFC Dividend Yield Fund0.67%37 -19%
Bandhan Small Cap Fund0.09%30 +100%
Nippon India Value Fund0.25%23 -20%
Baroda BNP Paribas Small Cap Fund1.33%17 -28%
Nippon India Nifty Smallcap 250 Index Fund0.43%15 -22%
JM Value Fund1.08%9 -29%
Samco Flexi Cap Fund3.07%8 +100%
SBI Nifty Smallcap 250 Index Fund0.43%8 -23%
Nippon India Nifty 500 Momentum 50 Index Fund0.44%6 -22%
Motilal Oswal Nifty Smallcap 250 Index Fund0.43%6 -23%
DSP Nifty Smallcap250 Quality 50 Index Fund1.69%5 -17%
Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund0.63%4 -21%
JM ELSS-Tax Saver Fund1.51%4 +100%
Motilal Oswal Nifty 500 Momentum 50 Index Fund0.44%4 -22%
ICICI Pru Nifty Smallcap 250 Index Fund0.43%3 -22%
HDFC NIFTY Smallcap 250 Index Fund0.43%3 -22%

Red flags

F-score 5 of 8
explainWeak cash conversion Cash from operations was 40% of net profit over the last 3 years
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2023-03-02JANAK DEEPAK CHHABRIAImmediate relativeother313,400Gift
2023-03-02SUNITA KISHANDAS CHHABRIAPromoter Groupother313,400Gift
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Sales ₹2,013 Cr +44.2% vs Jun 2025. Net profit ₹249 Cr +52.8%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-04Dividend - Rs 9 Per Share
2025-09-04Dividend - Rs 8 Per Share
2024-09-17Dividend - Rs 8 Per Share
2023-09-22Dividend - Rs 7 Per Share
2022-09-15Annual General Meeting/Dividend - Rs 6 Per Share
2021-09-16 Annual General Meeting/Dividend - Rs 5.50 Per Share
2020-09-17 Annual General Meeting/Dividend - Rs 5.50 Per Share
2019-09-05 Annual General Meeting/Dividend - Rs 4.50 Per Share
2018-09-12 Annual General Meeting/Dividend- Rs 4 Per Share
2017-09-14 Annual General Meeting/Dividend - Rs 3/- Per Share
2016-08-26 Annual General Meeting/Final Dividend Rs.2/- Per Share And One Time Special Dividend Rs.0.50/- Per Share
2015-07-30Annual General Meeting / Dividend - Rs 1.80/- Per Share
2014-08-27Annual General Meeting / Dividend Rs.1.60/- Per Equity Share (Book Closure Dates & Agm Dates Revised)
2013-06-13Annual General Meeting And Dividend Rs.1.20 Per Share
2012-07-26Annual General Meeting And Dividend Re.0.80 Per Share
2011-07-21Annual General Meeting And Dividend Re.0.70 Per Share
2010-07-15Agm/Dividend Rs. 0.60 Per Share
2009-08-07Agm/Div-Re.0.20 Per Share
2008-07-17Agm/Dividend - 75%
2007-06-14Agm/Dividend - 70%
2007-01-08Fv Split Rs.10/- To Rs.2/0.2000
2006-06-15Agm/Dividend-60%
DateTypeWhat it says
2026-10-01Director changeChange in Director(s) of the company.
2026-09-29Shareholder meetingVoting results.
2026-09-28General UpdatesGeneral Updates
2026-09-28Shareholder meetingProceedings of Annual General Meeting held on September 28, 2026
2026-09-05Shareholder meetingNotice of Annual General Meeting to be held on September 28, 2026
2026-09-04Concall / analyst meetSchedule of meet
2026-08-29General UpdatesGeneral Updates
2026-08-29Record DateRecord date for the purpose of Dividend is 04-Sep-2026.
2026-08-29Record DateRecord date for the purpose of Dividend is 04-Sep-2026.
2026-08-27General UpdatesGeneral Updates
2026-08-21UpdatesMachine Readable Form copy of Financial Results for June 26.
2026-08-18Concall / analyst meetTranscript
2026-08-13Concall / analyst meetLink of Recording
2026-08-13Investor PresentationInvestor Presentation
2026-08-11Change in Company Secretary/Change in Company Secretary/Compliance Officer
2026-08-11Director changeChange in Director(s) of the company.
2026-08-11Board meeting outcomeFinolex Cables Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-07Concall / analyst meetSchedule of meet
2026-06-13General UpdatesGeneral Updates
2026-06-12ResignationResignation of Director/KMP/SMP
2026-06-12ResignationResignation of Mr Siddhesh Mandke as Company Secretary & Compliance Officer of the company w.e.f. Jun 11, 2026.
2026-06-03Concall / analyst meetTranscript
2026-05-30Concall / analyst meetLink of Recording
2026-05-29Investor PresentationInvestor Presentation
2026-05-28General UpdatesGeneral Updates
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Close to Close price movement greater than 75perc in previous 6 months

Quick answers

What is the market cap of Finolex Cables Ltd?

Finolex Cables Ltd (FINCABLES) has a market capitalisation of Rs 21,954 Cr. at the 2026-10-01 close.

What is the P/E ratio of Finolex Cables Ltd?

Finolex Cables Ltd trades at a P/E of 27.4 on trailing twelve-month profit, at the 2026-10-01 close.

What were Finolex Cables Ltd's latest quarterly results?

In the Jun 2026 quarter, Finolex Cables Ltd sales was Rs 2,013 Cr (+44.2% vs Jun 2025) and net profit was Rs 249 Cr.

What is the 52-week high and low of Finolex Cables Ltd?

The 52-week high is Rs 1,498.00 and the 52-week low is Rs 700.80.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03