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FINCABLES · NSE · Cables - Electricals

Finolex Cables Ltd

What the numbers mean, from its filings and the exchange. Data as of 12 Oct 2026.
Small Cap · AMFI list Jan-Jun 2026 · Vendor sector: Technology
cheap low confidence No valuation within 120 days; P/E 26.6 vs peers 47.5 (5th of 24); P/B 2.3 vs peers 5.7 (3rd of 25).
Statements through FY2026Prices adjusted for 1 corporate actionNot yet reviewed by the adversarial model

What is Finolex Cables's share price today?

Finolex Cables last traded at ₹1,438.30 on the NSE, as of 12 Oct 2026, 11:00 pm IST, up 3.6% on the day, up 74.0% over a year. Its 52-week range is ₹701 to ₹1,499. The live price is in the app.

₹1,438.30 +3.6% today
+74.0% over 1 year · NSE, as of 12 Oct 2026, 11:00 pm IST
60 month-end closes, 31 Oct 2021 to 30 Sep 2026, adjusted for splits and bonuses
52-week range92% of the way up
Low ₹701High ₹1,499

What is Finolex Cables's market cap?

Finolex Cables's market capitalisation is about ₹21,239 crore: what it would cost to buy every share at today's price. That makes it the 108th largest small cap company we cover.

₹21,239 Cr Small Cap108th largest small cap company
Small Cap means the companies ranked 251 and below by size, under SEBI's rules. Shares in issue are worked out from the market cap and the price. What market cap tells you →

Key facts

From the exchange
Symbol
NSE: FINCABLES
ISIN
INE235A01022
Cap bucket
Small Cap, 108th largest by market cap
Industry (NSE)
Industrials › Capital Goods › Industrial Products › Cables - Electricals
Listed since
1995
Futures and options
Not traded

Is Finolex Cables overvalued?

Cheap, with low confidence: no valuation within 120 days; P/E 26.6 vs peers 47.5 (5th of 24); P/B 2.3 vs peers 5.7 (3rd of 25).

Valuation

Latest price and trailing 12 months
P/E 26.55
vs peers 47.5 · 5th of 24
Price divided by last year's earnings per share: how many years of today's profit you pay for. Learn more →
P/B 2.33
vs peers 5.7 · 3rd of 25
Price divided by book value per share: what you pay for each rupee of net assets on the balance sheet. Learn more →
Market cap ₹21,239 Cr
Total market value of all shares, in ₹ crore. Learn more →
Dividend yield Not available
Last year's dividends as a share of today's price. Learn more →
PEG (vendor) 2.25
vs peers 8.4 · 5th of 16
P/E divided by the vendor's earnings growth figure, which it does not disclose; a P/E adjusted for how fast profits grow. Learn more →
PEG on our 3-year EPS growth 2.16
P/E divided by the 3-year EPS growth rate from the stored accounts. Learn more →
3 models could be judged
Skipped — Fair value, EPV, Graham number, Graham value, Lynch, Owner earnings: no valuation stored

Our valuation range

🔒 Pro
Value range, implied growth at today's price, and the nine models behind it: in the app.

Is Finolex Cables a quality business?

Quality score 41.5, 17th of 24 in its peer set; CAUTION on 30 of 30 flags judged.

Quality and risk

Data as of 12 Oct 2026
Business quality Not available
The kind of business, which sets the yardstick it is judged by. Learn more →
Quality score 41.5
vs peers 53.1 · 17th of 24
Returns, margins, leverage and consistency against its peers, out of 100. Learn more →
Risk level CAUTION
30 of 30 flags judged
From flags on debt, earnings quality, dilution and price swings. Learn more →

Profitability

ROE 12.8%
vs peers 15.7% · 19th of 24
Return on equity: profit as a share of shareholders' money. Learn more →
ROCE 16.6%
vs peers 19.1% · 19th of 24
Return on capital employed: operating profit as a share of all the capital in the business, debt and equity. Learn more →
Profit margin 10.9%
vs peers 10.5% · 12th of 24
Profit after everything, as a share of revenue. Learn more →
EPS ₹46.66
Trailing 12 months
Profit for each share over the last 12 months.

Scorecard

🔒 Pro
Health scores and red flags with their values and history: in the app.
See the scorecard →
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Has Finolex Cables made money for shareholders?

Yes: +74.0% over one year and +24.4% a year over five years.

Shareholder returns

1-year return +74.0%
Price only
What the share price did over the last 12 months. Learn more →
5-year return +24.4% a year
Price only
Yearly average price return over five years, bonuses and splits adjusted. Learn more →
Wealth destroyer No
Five-year total return — price CAGR on bonus- and split-adjusted closes plus the dividend yield — below the 7% a bank fixed deposit paid. Learn more →

Returns

3Y and 5Y are yearly averages
1W
−5.4%
1M
+3.6%
3M
+31.2%
6M
+64.0%
1Y
+74.0%
3Y
+17.4%
5Y
+24.4%

Does Finolex Cables pay a dividend?

Finolex Cables last paid ₹9.00 a share, ex-dividend 4 Sep 2026; nothing in the past 12 months counts toward a yield.

Dividends

Per share, by ex-dividend date
4 Sep 2026 · Final₹9.00
4 Sep 2025 · Final₹8.00
17 Sep 2024 · Final₹8.00
22 Sep 2023 · Final₹7.00
15 Sep 2022 · Final₹6.00
Payout ratio🔒 In the app
The share of profit paid out as dividends; a very high share leaves little to reinvest.
Dividend growth, 5 years🔒 In the app
How fast the dividend per share has grown a year.
Years without a miss🔒 In the app
How many years in a row a dividend has been paid.

Is Finolex Cables growing?

Revenue 3 years 12.8% a year; profit 3 years 12.3% a year; revenue 5 years 11.9% a year.

Growth

Statements through FY2026 (Mar-26)
Revenue 3 years 12.8% a year
vs peers 7.1% · 9th of 22
Compound annual growth of revenue over three years. Learn more →
Profit 3 years 12.3% a year
vs peers 13.1% · 12th of 22
Compound annual growth of net profit over three years. Learn more →
Revenue 5 years 11.9% a year
Compound annual growth of revenue over five years. Learn more →
Profit 5 years 6.0% a year
Compound annual growth of net profit over five years. Learn more →
EPS 3 years 12.3% a year
Growth in earnings per share, so dilution counts against the company. Learn more →
EPS 5 years 9.1% a year
Growth in earnings per share over five years, so dilution counts against the company. Learn more →
P/E vs own history 45.4%
vs peers 17.9% · 13th of 20
Today's P/E against its own 5-year median; negative is cheaper than its history. Learn more →

How did Finolex Cables do last quarter?

Finolex Cables reported revenue of ₹2,013 Cr, up 18.8% on a year earlier and a net profit of ₹249 Cr, up 1.9% in the Jun 2026 quarter.

Latest quarter

Jun 2026
Revenue, latest quarter₹2,013 Cr
+18.8% on a year earlier
What the company took in over the quarter.
Net profit, latest quarter₹249 Cr
+1.9% on a year earlier
What was left for shareholders after every cost and tax.

How does Finolex Cables compare with its peers?

Compared with 24 Industrial Products (the industry, as the basic industry was too small); 5th of 24 on P/E; 17th of 24 on quality score.

Compared with 24 Industrial Products (the industry, as the basic industry was too small)

24 companies

Finolex Cables against its peers

Largest 10 of 24 peers, by market cap
CompanyMarket capP/EP/BROEROCE1YQuality 🔒Rank 🔒
Finolex Cables Ltd₹21,239 Cr26.62.312.8%16.6%+74.0%
PTC Industries Ltd₹36,784 Cr292.916.52.5%3.5%+49.4%
AIA Engineering Ltd₹34,880 Cr27.64.317.6%21.9%+15.6%
Kirloskar Oil Engines Ltd₹32,176 Cr58.85.814.6%18.1%+150.0%
R R Kabel Ltd₹30,602 Cr50.45.720.7%27.1%+114.2%
Shyam Metalics & Energy Ltd₹29,591 Cr26.33.38.9%12.2%+14.5%
Carborundum Universal Ltd₹22,911 Cr108.65.115.2%19.1%+29.6%
Timken India Ltd₹22,286 Cr52.38.213.7%18.0%+1.1%
Grindwell Norton Ltd₹22,040 Cr50.56.017.4%22.3%+18.9%
HBL Engineering Ltd₹19,932 Cr25.57.843.9%55.6%−21.6%
Inox India Ltd₹18,669 Cr73.29.324.8%32.0%+72.6%
Peer median—47.55.715.7%19.1%+15.6%
Market cap in rupees crore; P/E and P/B on the latest price; 1Y is the price return over a year. A dash is a figure that does not apply or is not reported.

Full peer comparison

🔒 Pro
Every peer, every figure, the ranks and the quality and forensic scores side by side: in the app.

Who owns Finolex Cables?

Finolex Cables is held by promoters 35.9%, foreign institutions 9.7%, domestic institutions 16.7%.

Shareholding pattern

Latest filing, percent of shares
Promoters35.9%
The founders and controlling group.
Foreign institutions9.7%
Overseas funds investing through the FPI route.
Domestic institutions16.7%
Indian insurers, banks, pension and mutual funds together.
Mutual funds11.1%
Indian mutual fund schemes; part of domestic institutions.
Retail and others13.3%
Individual investors and everyone else.
Promoter shares pledged🔒 In the app
Promoter shares given as collateral for loans; a high share is a risk to watch.
Holding trend🔒 In the app
Whether promoters, foreign funds and mutual funds have been adding or selling over recent quarters.

What do analysts say about Finolex Cables?

5 analysts cover Finolex Cables, and the consensus is buy. A consensus is a count of opinions, not a forecast; read it beside the numbers.

Analyst consensus

5 analysts
ConsensusBuy
The rating most covering analysts give the share.
Average target price🔒 In the app
The mean of the analysts' 12-month price targets.
Upside to target🔒 In the app
How far the target sits above or below today's price.
Share rating it a buy🔒 In the app
The share of covering analysts with a buy rating.

What does Finolex Cables do and what is it sensitive to?

Finolex Cables Ltd makes electrical wires, cables, and fast-moving electrical goods (FMEG), sold to developers, contractors, OEMs, telecom and digital infrastructure providers, public sector buyers, and retail end-users through distributors. Sensitive to: commodity prices (copper and fibre).

Business-model card

FY2025 · 37 verified
3Revenue
5Channels
1Regulators
3Reg. dependencies
5Sensitivities
3Costs
4Geographies

Finolex Cables Ltd makes electrical wires, cables, and fast-moving electrical goods (FMEG), sold to developers, contractors, OEMs, telecom and digital infrastructure providers, public sector buyers, and retail end-users through distributors. Per the excerpts, it earns from sale of goods, with electrical cables stated at 84% and communication cables at 10% of turnover.

Revenue by segment

year ended March 31, 2025 (consolidated segment note, chunk 6; the standalone note in chunk 2 shows the same segment figures)
A. Electrical cables64.8%
B. Communication cables7.3%
C. Copper rods24.2%
D. Others3.7%

Revenue engine

3 verified
Electrical Cables (84.0%)
Largest product line by stated share of turnover (84%). Interpretation: the share is taken from the product table, and the price and volume drivers are not stated in this excerpt.
Communication Cables (10.0%)
Communication cable line; sold alongside electrical cables and reported as a separate product line in the turnover table.
Fast-Moving Electrical Goods (FMEG) Products (5.0%)
Lighting, fans, water heaters, irons, smart door locks, smart switches, switchgear and accessories, reported as one product line at 5% of turnover.

Customers & channels

5 verified
Developers and contractors in infrastructure and real estate
Project buyers whose demand the excerpt links to infrastructure and real estate activity.
Dealers and distributors (86.0%)
Share of sales made to dealers and distributors; the excerpt reports 3,411 dealers/distributors in FY 2024-25 and states the top 10 account for 12% of such sales.
Telecom operators and digital infrastructure providers
Buyers of high-performance data cables; the excerpt describes this as a growing share of demand.
2 more statements
Public sector undertakings and government-linked entities
Institutional buyers of electrical and communication products for utility and civic infrastructure.
No single major customer above 10% of revenue
Revenue concentration: the excerpt states no customer exceeds 10% of total revenue, so the business is not stated to depend on one buyer.

Regulators

1 verified
Foreign Exchange Management Act, 1999
Governs the foreign-currency side of the business, where the company reports export earnings of Rs 30.70 Crores and import outgo of Rs 240.03 Crores. Interpretation: this is the statute that applies to those cross-border flows.

Regulatory dependencies

3 verified
Production-Linked Incentive (PLI) schemes
Named by the company among initiatives that created a favorable business environment. Interpretation: a change to PLI support would affect the company's incentive-linked manufacturing economics, though the excerpt gives no amount.
Government rural electrification projects
Stated to drive enhanced demand for quality electrical wires in rural areas; a slowdown would reduce that demand for rural wire sales.
Make in India and infrastructure programmes
Infrastructure programmes are described as generating strong demand for wires and cables; policy change would shift that demand.

Sensitivities

5 verified
Commodity prices (copper and fibre)
Direction: when commodity prices are volatile, the company reports selling price corrections in certain categories (fibre), which pressured topline growth.
Crude oil and metal prices
Direction: fluctuations in crude oil and metal prices are stated to impact input costs.
US Dollar and Euro exchange rates
Direction: the company says its exchange-rate risk relates to fluctuations in US Dollar and Euro against the rupee; the sign of the effect is not stated.
2 more statements
Interest rates
Direction: low exposure because borrowings are small; the company states it is not exposed to significant interest rate risk.
Global demand for exports
Direction: subdued global demand reduced export earnings, which fell to Rs 30.70 Crores from Rs 35.27 Crores.

Cost inputs

3 verified
Raw material purchases (cost of material consumed)
Main cost line. Purchases were Rs 4,359.96 Crores in FY2025 versus Rs 3,771.10 Crores in FY2024, per the cost-of-material note.
Freight and forwarding charges
Other-expense line of Rs 73.60 Crores in FY2025 versus Rs 66.15 Crores in FY2024.
Cost of traded goods
Purchases of traded goods for the trading segment; cost of traded goods sold was Rs 75.16 Crores in FY2025.

Geographies

4 verified
National market
Served across 36 locations covering 28 States and 8 Union Territories, per the markets-served disclosure.
International markets (exports) (1.0%)
Exports are a small share of turnover; the company reports a footprint in 14 international markets.
Metro cities
Company states it has a stronghold in metro cities, supported by brand presence and demand from real estate and infrastructure.
1 more statement
Rural and semi-urban markets
Targeted expansion alongside tier-1 to tier-3 cities and towns; retail outlets are to rise from 2,00,000 to 2,50,000.
Each statement is checked word for word against the FY2025 annual report; the passages are in the app.

What changed recently?

Dividend - Rs 9 Per Share (4 Sep 2026).

Change log

8 entries · newest first
  1. Corporate actionDividend - Rs 9 Per Share.
  2. Results filedQ1 FY2027 results filed.
  3. Results filedQ4 FY2026 results filed.
  4. Results filedQ3 FY2026 results filed.
  5. Results filedQ2 FY2026 results filed.
  6. Corporate actionDividend - Rs 8 Per Share.
  7. Results filedQ1 FY2026 results filed.
  8. Results filedQ4 FY2025 results filed.
Get alerts →Sign in to be told when any of these change.

What this page does not tell you

What could not be judged, and why. Never empty.
  • Models not runFair value, EPV, Graham number, Graham value, Lynch, Owner earnings: no valuation stored.
  • FlagsCAUTION on 30 of 30 flags judged; 3 red.
  • Data gapsDividend yield, Business quality: not available yet.

What this page rests on

✓10 years of annual statements, through FY2026 (Mar-26)✓10 quarters of results✓285 months of month-end prices, adjusted for bonuses and splits (1 corporate action)○no valuation of ours yet✓business-model card FY2025 · 37 verified

Questions people ask

What is Finolex Cables's share price today?

Finolex Cables last traded at ₹1,438.30 on the NSE, as of 12 Oct 2026, 11:00 pm IST, up 3.6% on the day, up 74.0% over a year. Its 52-week range is ₹701 to ₹1,499. The live price is in the app.

What is Finolex Cables's market cap?

Finolex Cables's market capitalisation is about ₹21,239 crore: what it would cost to buy every share at today's price. That makes it the 108th largest small cap company we cover.

Is Finolex Cables Ltd a large cap, mid cap or small cap?

Finolex Cables Ltd (FINCABLES) is a small cap company in AMFI's classification for Jan-Jun 2026. SEBI's buckets go by rank on six-month average market capitalisation: the top 100 are large caps, 101 to 250 mid caps, the rest small caps.

What is Finolex Cables Ltd's P/E ratio?

26.55, vs peers 47.5 · 5th of 24. Price divided by last year's earnings per share: how many years of today's profit you pay for.

Is Finolex Cables Ltd overvalued?

Cheap, with low confidence: no valuation within 120 days; P/E 26.6 vs peers 47.5 (5th of 24); P/B 2.3 vs peers 5.7 (3rd of 25).

How does Finolex Cables Ltd make money?

Finolex Cables Ltd makes electrical wires, cables, and fast-moving electrical goods (FMEG), sold to developers, contractors, OEMs, telecom and digital infrastructure providers, public sector buyers, and retail end-users through distributors. Per the excerpts, it earns from sale of goods, with electrical cables stated at 84% and communication cables at 10% of turnover.

Who are Finolex Cables Ltd's peers?

Compared with 24 Industrial Products (the industry, as the basic industry was too small): PTC Industries Ltd, AIA Engineering Ltd, Kirloskar Oil Engines Ltd, R R Kabel Ltd, Shyam Metalics & Energy Ltd and 19 more. The app shows how they compare on every figure.

Is this investment advice?

No. Valarth is a research and learning tool and is not a SEBI-registered investment adviser or research analyst. The figures come from the company's filings and the exchanges; what to do with them is your call.

How did Finolex Cables do last quarter?

Finolex Cables reported revenue of ₹2,013 Cr, up 18.8% on a year earlier and a net profit of ₹249 Cr, up 1.9% in the Jun 2026 quarter.

Who owns Finolex Cables?

Finolex Cables is held by promoters 35.9%, foreign institutions 9.7%, domestic institutions 16.7%.

Does Finolex Cables pay a dividend?

Finolex Cables last paid ₹9.00 a share, ex-dividend 4 Sep 2026; nothing in the past 12 months counts toward a yield.

What do analysts say about Finolex Cables?

5 analysts cover Finolex Cables, and the consensus is buy. A consensus is a count of opinions, not a forecast; read it beside the numbers.

Everything on Finolex Cables, and 6,621 other companies, with 212 filters and the full peer tables

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