Finolex Cables (FINCABLES) Stock Overview
Engages in the manufacture and sale of electrical and communication cables, and other electrical appliances in India and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
FINCABLES Community Fair Values
Create NarrativeSee what 19 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Finolex Cables Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹1,157.20 |
| 52 Week High | ₹1,203.90 |
| 52 Week Low | ₹700.80 |
| Beta | 0.52 |
| 1 Month Change | 12.22% |
| 3 Month Change | 39.06% |
| 1 Year Change | 24.08% |
| 3 Year Change | 47.68% |
| 5 Year Change | 124.96% |
| Change since IPO | 1,269.47% |
Recent News & Updates
Analysis Article • Jun 06
Solid Earnings May Not Tell The Whole Story For Finolex Cables (NSE:FINCABLES)
Finolex Cables Limited's ( NSE:FINCABLES ) stock didn't jump after it announced some healthy earnings. We think that...Analysis Article • Jun 05
Analysts Are Betting On Finolex Cables Limited (NSE:FINCABLES) With A Big Upgrade This Week
Celebrations may be in order for Finolex Cables Limited ( NSE:FINCABLES ) shareholders, with the analysts delivering a...
New Narrative • Jun 01
Optical Fiber Constraints And Copper Volatility Will Shape A Steady Long Term Outlook
Catalysts About Finolex Cables Finolex Cables manufactures and sells electrical and communication cables, along with related products such as solar cables, optical fiber and select FMEG offerings. What are the underlying business or industry changes driving this perspective?Recent updates
Analysis Article • Jun 06
Solid Earnings May Not Tell The Whole Story For Finolex Cables (NSE:FINCABLES)
Finolex Cables Limited's ( NSE:FINCABLES ) stock didn't jump after it announced some healthy earnings. We think that...Analysis Article • Jun 05
Analysts Are Betting On Finolex Cables Limited (NSE:FINCABLES) With A Big Upgrade This Week
Celebrations may be in order for Finolex Cables Limited ( NSE:FINCABLES ) shareholders, with the analysts delivering a...New Narrative • Jun 01
Optical Fiber Constraints And Copper Volatility Will Shape A Steady Long Term Outlook
Catalysts About Finolex Cables Finolex Cables manufactures and sells electrical and communication cables, along with related products such as solar cables, optical fiber and select FMEG offerings. What are the underlying business or industry changes driving this perspective?
Narrative Update • May 05
FINCABLES: Stable Assumptions And Unchanged Fair Value Are Expected To Guide Returns
Analysts have kept their price target for Finolex Cables steady at ₹1,059.50, with only minor model tweaks such as a slightly higher discount rate and a marginally adjusted future P/E assumption supporting an unchanged fair value view. Valuation Changes Fair Value: ₹1,059.50 is unchanged, and the model continues to indicate the same valuation level.Narrative Update • Apr 20
FINCABLES: Stable Assumptions And February Results Are Expected To Support Upside Potential
Analysts have trimmed their price target for Finolex Cables slightly, with fair value moving from about ₹1,063.67 to ₹1,059.50. This reflects updated assumptions around discount rate, revenue growth, profit margin and future P/E.Narrative Update • Apr 03
FINCABLES: GST Demand And Stable Assumptions Will Support Future Upside Potential
Analysts have kept the fair value estimate for Finolex Cables steady at ₹1,063.67, citing largely unchanged assumptions for revenue growth, profit margin and future P/E, along with only a small adjustment to the discount rate. What's in the News A board meeting is scheduled for February 10, 2026, to consider and approve unaudited standalone and consolidated financial results for the quarter ended December 31, 2025 (company filing).Narrative Update • Mar 20
FINCABLES: GST Assessments Will Be Absorbed As Earnings Outlook Will Strengthen
Analysts have made a small upward adjustment to the fair value estimate for Finolex Cables, with the target moving from ₹1,060.33 to ₹1,063.67 as they refresh assumptions around revenue growth, profit margins and future P/E multiples. What's in the News A board meeting is scheduled on February 10, 2026 to consider and approve unaudited standalone and consolidated financial results for the quarter ended December 31, 2025 (company filing).Narrative Update • Mar 05
FINCABLES: GST Assessments Will Be Absorbed As Earnings Outlook Remains Supportive
Analysts have trimmed their price target on Finolex Cables from ₹1,098 to ₹1,060, reflecting updated inputs on the discount rate, revenue growth, profit margin, and future P/E expectations. What's in the News Board meeting scheduled on February 10, 2026 to consider and approve unaudited standalone and consolidated financial results for the quarter ended December 31, 2025 (company filing).Narrative Update • Feb 18
FINCABLES: GST Assessments Will Be Absorbed As Earnings Outlook Remains Supportive
Analysts have inched up their price target on Finolex Cables from ₹1,090.25 to ₹1,098.38, citing updated assumptions around revenue growth, profit margins, discount rate and future P/E expectations. What's in the News Board meeting scheduled on February 10, 2026 to consider and approve unaudited standalone and consolidated financial results for the quarter ended December 31, 2025 (company filing).Analysis Article • Feb 14
Finolex Cables (NSE:FINCABLES) Could Easily Take On More Debt
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Narrative Update • Feb 04
FINCABLES: Stable Outlook Will Absorb GST Demands And Support Bullish Confidence
Analysts have kept their fair value estimate for Finolex Cables steady at ₹1,090.25, with only marginal tweaks to assumptions such as discount rate, revenue growth, profit margin and future P/E driving this unchanged price target. What's in the News A board meeting is scheduled on February 10, 2026 to consider and approve unaudited standalone and consolidated financial results for the quarter ended December 31, 2025 (company filing).Narrative Update • Jan 20
FINCABLES: Stable Outlook Will Withstand Recent GST Demands And Support Confidence
Analysts have trimmed their fair value estimate for Finolex Cables slightly to ₹1,090.25 from ₹1,095.88, reflecting small tweaks to assumptions around discount rate, revenue growth, profit margin, and future P/E multiples. What's in the News Finolex Cables received an order from the Superintendent, CGST and Central Excise, Division III, Indore for a tax demand of ₹110,720 linked to a mismatch between E way bills and GST returns for FY 2018 to 2019, with the company indicating no major impact on operations.Narrative Update • Jan 06
FINCABLES: Stable Outlook And Governance Review Will Support Stronger Future Confidence
Analysts have kept their fair value estimate for Finolex Cables steady at ₹1,095.88 per share. The unchanged target largely reflects minor tweaks to the discount rate and long term assumptions on revenue growth, profit margin and future P/E, rather than any major shift in their view of the business.Analysis Article • Jan 06
Finolex Cables Limited's (NSE:FINCABLES) Business And Shares Still Trailing The Market
With a price-to-earnings (or "P/E") ratio of 18x Finolex Cables Limited ( NSE:FINCABLES ) may be sending bullish...Narrative Update • Dec 16
FINCABLES: Upcoming Board Meeting Will Drive Governance Focus And Future Confidence
Analysts have marginally revised their price target for Finolex Cables upward to ₹1,095.88 from ₹1,095.88, citing slightly lower discount rate assumptions and a steady outlook on revenue growth, profit margins, and future valuation multiples. What's in the News Board meeting scheduled for November 11, 2025 to review and approve unaudited standalone and consolidated financial results for the quarter ended September 30, 2025 (company filing) Board to consider amendments to the company's code of conduct governing trading by designated persons and their immediate relatives, indicating continued focus on governance and compliance (company filing) Valuation Changes Consensus Analyst Price Target: The fair value estimate remains unchanged at ₹1,095.88, indicating a stable overall valuation outlook.Narrative Update • Dec 02
FINCABLES: Upcoming Board Meeting Will Drive Positive Market Momentum
Analysts have slightly reduced their price target for Finolex Cables from ₹1,105.88 to ₹1,095.88, reflecting minor adjustments in revenue growth and discount rate assumptions. What's in the News Board meeting scheduled for November 11, 2025, to review and approve unaudited standalone and consolidated financial results for the quarter ended September 30, 2025 (Key Developments) Agenda includes consideration of amendment to the company's Code of Conduct for regulating, monitoring, and reporting trading by designated persons and their immediate relatives (Key Developments) Valuation Changes The Fair Value Estimate has decreased slightly from ₹1,105.88 to ₹1,095.88.Analysis Article • Nov 25
Here's What To Make Of Finolex Cables' (NSE:FINCABLES) Decelerating Rates Of Return
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Narrative Update • Nov 18
FINCABLES: Upcoming Board Meeting Will Drive Positive Market Momentum
Analysts have lowered their price target for Finolex Cables to ₹1,105.88 from ₹1,159.00. They cite slightly higher discount rates and projections for marginally softer revenue growth and profit margins.Analysis Article • Sep 07
Finolex Cables (NSE:FINCABLES) Has Affirmed Its Dividend Of ₹8.00
The board of Finolex Cables Limited ( NSE:FINCABLES ) has announced that it will pay a dividend of ₹8.00 per share on...Narrative Update • Aug 27
Completion Of E-Beam And Fiber Expansions Will Increase Capacity And Reduce Costs
The slight reduction in Finolex Cables’ future P/E multiple, alongside stable net profit margins, has prompted a downward revision in the consensus analyst price target from ₹1215 to ₹1159. What's in the News Board meeting scheduled to consider and approve unaudited standalone and consolidated financial results for the quarter ended June 30, 2025.Analysis Article • Aug 06
There's No Escaping Finolex Cables Limited's (NSE:FINCABLES) Muted Earnings
NSEI:FINCABLES 1 Year Share Price vs Fair Value Explore Finolex Cables's Fair Values from the Community and select...Analysis Article • Jul 19
With EPS Growth And More, Finolex Cables (NSE:FINCABLES) Makes An Interesting Case
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Analysis Article • May 28
Investors Could Be Concerned With Finolex Cables' (NSE:FINCABLES) Returns On Capital
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...Analysis Article • Apr 17
With EPS Growth And More, Finolex Cables (NSE:FINCABLES) Makes An Interesting Case
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Analysis Article • Mar 26
What Does Finolex Cables Limited's (NSE:FINCABLES) Share Price Indicate?
Finolex Cables Limited ( NSE:FINCABLES ), might not be a large cap stock, but it saw a double-digit share price rise of...
New Narrative • Mar 19
Completion Of E-Beam And Fiber Expansions Will Increase Capacity And Reduce Costs
Completion of the e-beam facility and auto cable expansion could enhance revenue and net margins through higher capacity utilization and economies of scale.Analysis Article • Mar 13
Finolex Cables Limited's (NSE:FINCABLES) Business And Shares Still Trailing The Market
With a price-to-earnings (or "P/E") ratio of 17.5x Finolex Cables Limited ( NSE:FINCABLES ) may be sending bullish...Analysis Article • Feb 27
Finolex Cables (NSE:FINCABLES) Seems To Use Debt Quite Sensibly
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Analysis Article • Jan 05
There Are Reasons To Feel Uneasy About Finolex Cables' (NSE:FINCABLES) Returns On Capital
What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...Analysis Article • Dec 05
The Market Doesn't Like What It Sees From Finolex Cables Limited's (NSE:FINCABLES) Earnings Yet
With a price-to-earnings (or "P/E") ratio of 26.8x Finolex Cables Limited ( NSE:FINCABLES ) may be sending bullish...Analysis Article • Nov 20
Concerns Surrounding Finolex Cables' (NSE:FINCABLES) Performance
The market shrugged off Finolex Cables Limited's ( NSE:FINCABLES ) solid earnings report. We think that investors might...Analysis Article • Sep 24
Finolex Cables (NSE:FINCABLES) May Have Issues Allocating Its Capital
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...Analysis Article • Sep 09
Finolex Cables (NSE:FINCABLES) Is Increasing Its Dividend To ₹8.00
The board of Finolex Cables Limited ( NSE:FINCABLES ) has announced that it will be paying its dividend of ₹8.00 on the...Analysis Article • Aug 27
Pinning Down Finolex Cables Limited's (NSE:FINCABLES) P/E Is Difficult Right Now
With a median price-to-earnings (or "P/E") ratio of close to 34x in India, you could be forgiven for feeling...Analysis Article • Aug 03
If EPS Growth Is Important To You, Finolex Cables (NSE:FINCABLES) Presents An Opportunity
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Analysis Article • Jul 17
Is It Time To Consider Buying Finolex Cables Limited (NSE:FINCABLES)?
While Finolex Cables Limited ( NSE:FINCABLES ) might not have the largest market cap around , it received a lot of...Analysis Article • May 25
Finolex Cables Limited's (NSE:FINCABLES) Shares Climb 27% But Its Business Is Yet to Catch Up
Finolex Cables Limited ( NSE:FINCABLES ) shareholders have had their patience rewarded with a 27% share price jump in...Analysis Article • Apr 20
Finolex Cables (NSE:FINCABLES) Is Reinvesting At Lower Rates Of Return
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...Analysis Article • Mar 27
Is Now The Time To Put Finolex Cables (NSE:FINCABLES) On Your Watchlist?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Analysis Article • Feb 18
We Think Finolex Cables (NSE:FINCABLES) Can Manage Its Debt With Ease
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Jan 16
Be Wary Of Finolex Cables (NSE:FINCABLES) And Its Returns On Capital
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...Analysis Article • Dec 20
Here's Why We Think Finolex Cables (NSE:FINCABLES) Is Well Worth Watching
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Analysis Article • Sep 16
Finolex Cables (NSE:FINCABLES) Has Announced That It Will Be Increasing Its Dividend To ₹7.00
Finolex Cables Limited ( NSE:FINCABLES ) will increase its dividend from last year's comparable payment on the 28th of...Analysis Article • Sep 02
Finolex Cables' (NSE:FINCABLES) Upcoming Dividend Will Be Larger Than Last Year's
The board of Finolex Cables Limited ( NSE:FINCABLES ) has announced that it will be paying its dividend of ₹7.00 on the...Analysis Article • Aug 19
Finolex Cables' (NSE:FINCABLES) Shareholders Will Receive A Bigger Dividend Than Last Year
The board of Finolex Cables Limited ( NSE:FINCABLES ) has announced that it will be paying its dividend of ₹7.00 on the...Shareholder Returns
| FINCABLES | IN Electrical | IN Market | |
|---|---|---|---|
| 7D | 9.6% | 6.4% | 2.1% |
| 1Y | 24.1% | 37.2% | 1.5% |
Return vs Industry: FINCABLES underperformed the Indian Electrical industry which returned 37.2% over the past year.
Return vs Market: FINCABLES exceeded the Indian Market which returned 1.5% over the past year.
Price Volatility
| FINCABLES volatility | |
|---|---|
| FINCABLES Average Weekly Movement | 7.1% |
| Electrical Industry Average Movement | 8.2% |
| Market Average Movement | 7.1% |
| 10% most volatile stocks in IN Market | 10.2% |
| 10% least volatile stocks in IN Market | 4.6% |
Stable Share Price: FINCABLES has not had significant price volatility in the past 3 months compared to the Indian market.
Volatility Over Time: FINCABLES's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1958 | 1,594 | Mahesh Viswanathan | www.finolex.com |
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.
Finolex Cables Limited Fundamentals Summary
| FINCABLES fundamental statistics | |
|---|---|
| Market cap | ₹182.07b |
| Earnings (TTM) | ₹7.14b |
| Revenue (TTM) | ₹63.21b |
24.8x
P/E Ratio2.8x
P/S RatioIs FINCABLES overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FINCABLES income statement (TTM) | |
|---|---|
| Revenue | ₹63.21b |
| Cost of Revenue | ₹51.50b |
| Gross Profit | ₹11.71b |
| Other Expenses | ₹4.57b |
| Earnings | ₹7.14b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 46.67 |
| Gross Margin | 18.53% |
| Net Profit Margin | 11.29% |
| Debt/Equity Ratio | 0% |
How did FINCABLES perform over the long term?
See historical performance and comparisonDividends
0.8%
Current Dividend Yield19%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/23 15:35 |
| End of Day Share Price | 2026/06/23 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2026/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Finolex Cables Limited is covered by 12 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anurag Randev | 360 ONE Capital Market Private Limited |
| Manish Valecha | Anand Rathi Shares and Stock Brokers Limited |
| null null | Asian Markets Securities Private Limited |