Capital Goods · NIFTY 500
Finolex Cables Limited
NSEFINCABLES
BSE500144 ISININE235A01022 SeriesEQ Listed on NSE · BSE
₹1,252.70 +27.30 (+2.23%) Updated 12 Nov, 6:16 pm IST
Price, daily close+38.56% in a year
Today
- Open
- ₹1,239.90
- Prev close
- ₹1,225.40
- Day high
- ₹1,285.00
- Day low
- ₹1,234.30
- Volume
- 16.53 L
- Value traded
- ₹208.47 Cr
- Upper circuit
- ₹1,470.40
- Lower circuit
- ₹980.40
- 52W high
- ₹1,499.00
- 52W low
- ₹700.80
- 1 month
- -22.19%
- 6 months
- -3.67%
52W low52W high
Ratios
Key numbers
Worked out from the latest filings (Consolidated) and today's price. TTM = last four quarters.
Market cap₹19,160 Cr
P/E (TTM)21.04
P/B2.95
Book value / share₹423.93
EPS (TTM)₹59.53
ROE14.0%
Dividend yield0.72%
Dividend (12m)₹9.00 / share
Net margin (TTM)11.6%
Operating margin15.3%
Debt / equity0.00
Current ratio7.00
EV / EBITDA17.73
Sales growth (YoY qtr)+64.95%
Profit growth (YoY qtr)+67.81%
Sales CAGR 3Y+18.82%
Profit CAGR 3Y+6.01%
Shares15.30 Cr
Quarterly results
Results for each quarter
Last 12 quarters, consolidated, ₹ crore. Hover a bar to see the number.
Revenue and net profit
Sep 23
Dec 23
Mar 24
Jun 24
Sep 24
Dec 24
Jun 25
Sep 25
Dec 25
Mar 26
Jun 26
Sep 26
Revenue · QoQ (vs last quarter)
—+2.9%+15%-12%+6.6%-9.9%—-1.4%+16%+22%+3.2%+13%
Revenue · YoY (vs a year ago)
————+10%-3.2%+13%+4.9%+35%—+44%+65%
Net profit · QoQ (vs last quarter)
—-2.1%+23%+31%-52%+25%—+0.0%+0.9%+37%+11%+9.6%
Net profit · YoY (vs a year ago)
————-24%-2.5%-33%+38%+11%—+53%+68%
RevenueNet profitLine = trend
Sep 23
Dec 23
Mar 24
Jun 24
Sep 24
Dec 24
Jun 25
Sep 25
Dec 25
Mar 26
Jun 26
Sep 26
EPS (₹) · YoY (vs a year ago)
————-24%-2.4%-33%+38%+11%—+53%+68%
EPS (₹)Line = trend
| ₹ Cr | Sep 23 | Dec 23 | Mar 24 | Jun 24 | Sep 24 | Dec 24 | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,187 | 1,222 | 1,401 | 1,230 | 1,312 | 1,182 | 1,396 | 1,376 | 1,599 | 1,951 | 2,013 | 2,269 |
| Other income | 41.8 | 45.0 | 49.7 | 46.3 | 51.6 | 44.7 | 54.1 | 37.5 | 41.4 | 32.7 | 51.5 | 33.4 |
| Total income | 1,229 | 1,267 | 1,451 | 1,277 | 1,363 | 1,227 | 1,450 | 1,413 | 1,640 | 1,984 | 2,065 | 2,303 |
| Raw material | 998 | 902 | 1,035 | 1,224 | 824 | 1,066 | 1,143 | 1,131 | 1,359 | 1,695 | 1,834 | 1,835 |
| Purchases | 18.2 | 21.1 | 19.1 | 21.6 | 18.5 | 15.1 | 20.4 | 14.7 | 14.9 | 12.0 | 26.3 | 23.5 |
| Employee cost | 42.6 | 45.1 | 46.9 | 45.7 | 47.5 | 47.5 | 48.4 | 50.2 | 58.5 | 45.6 | 55.5 | 56.8 |
| Other expenses | 75.8 | 77.1 | 82.6 | 65.3 | 70.4 | 68.2 | 80.5 | 75.8 | 77.8 | 115 | 91.5 | 83.2 |
| Total expenses | 1,053 | 1,099 | 1,252 | 1,115 | 1,218 | 1,056 | 1,273 | 1,245 | 1,456 | 1,788 | 1,791 | 1,981 |
| Operating profit | 176 | 164 | 212 | 283 | 111 | 138 | 136 | 183 | 158 | 288 | 285 | 346 |
| OPM % | 14.8% | 13.4% | 15.2% | 23.0% | 8.5% | 11.7% | 9.8% | 13.3% | 9.9% | 14.8% | 14.2% | 15.3% |
| Finance cost | 0.4 | 0.4 | 0.9 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.5 | 0.4 | 0.5 | 0.6 |
| Depreciation | 10.8 | 10.9 | 11.7 | 10.7 | 11.8 | 11.7 | 13.7 | 14.0 | 15.0 | 16.7 | 21.6 | 22.6 |
| Exceptional items | 29.8 | 30.3 | 50.5 | 156 | 5.3 | — | — | 38.1 | — | 107 | 40.8 | 35.3 |
| Profit before tax | 206 | 198 | 250 | 318 | 151 | 170 | 176 | 206 | 184 | 303 | 314 | 357 |
| Tax | 52.3 | 46.8 | 63.5 | 73.8 | 32.8 | 45.3 | 39.9 | 43.6 | 52.4 | 79.0 | 65.4 | 83.7 |
| Net profit | 154 | 151 | 186 | 244 | 118 | 147 | 163 | 163 | 164 | 224 | 249 | 273 |
| Profit to shareholders | 154 | 151 | — | 244 | 118 | — | 163 | 163 | 164 | 224 | 249 | 273 |
| EPS (₹) | 10.08 | 9.87 | 12.17 | 15.95 | 7.71 | 9.63 | 10.63 | 10.63 | 10.73 | 14.67 | 16.28 | 17.85 |
Profit & loss
Results for each year
8 financial years (April to March), consolidated, ₹ crore.
Sales, operating profit and net profit
FY17
FY18
FY20
FY21
FY22
FY23
FY24
FY26
Revenue · YoY (vs a year ago)
—0.0%—-3.8%+36%+19%+12%—
Net profit · YoY (vs a year ago)
—0.0%—+1,215%+30%-16%+29%—
RevenueOperating profitNet profitLine = trend
| ₹ Cr | FY17 | FY18 | FY20 | FY21 | FY22 | FY23 | FY24 | FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,884 | 2,884 | 2,877 | 2,768 | 3,768 | 4,481 | 5,014 | 6,321 |
| Other income | 81.2 | 81.2 | 91.5 | 77.0 | 71.4 | 118 | 175 | 166 |
| Total expenses | 2,489 | 2,489 | 2,534 | 2,438 | 3,380 | 4,019 | 4,472 | 5,763 |
| Employee cost | 135 | 135 | 150 | 138 | 146 | 163 | 177 | 203 |
| Operating profit | 441 | 441 | 383 | 594 | 756 | 579 | 734 | 824 |
| OPM % | 15.3% | 15.3% | 13.3% | 21.4% | 20.1% | 12.9% | 14.6% | 13.0% |
| Finance cost | 1.4 | 1.4 | 1.6 | 0.8 | 1.5 | 1.2 | 2.0 | 1.8 |
| Depreciation | 43.8 | 43.8 | 38.9 | 39.0 | 38.9 | 46.4 | 43.9 | 59.4 |
| Profit before tax | 477 | 477 | 434 | 631 | 787 | 649 | 864 | 929 |
| Tax | 219 | 219 | 121 | 169 | 187 | 145 | 212 | 215 |
| Tax rate % | 45.9% | 45.9% | 27.9% | 26.9% | 23.8% | 22.4% | 24.6% | 23.1% |
| Net profit | 330 | 330 | 391 | 461 | 599 | 504 | 652 | 714 |
| Profit to shareholders | — | — | -41.4 | 461 | 599 | 504 | — | 714 |
| Net margin % | 11.4% | 11.4% | -1.4% | 16.7% | 15.9% | 11.3% | 13.0% | 11.3% |
| EPS (₹) | 21.60 | 21.60 | 25.57 | 30.17 | 39.18 | 32.97 | 42.61 | 46.67 |
Balance sheet
Assets and debt
At each year end (and the latest half year), ₹ crore.
Equity, debt and assets
Mar 23
Mar 24
Mar 26
Sep 26
Shareholders' equity · YoY (vs a year ago)
—+13%——
Shareholders' equityBorrowingsCashLine = trend
| ₹ Cr | Mar 23 | Mar 24 | Mar 26 | Sep 26 |
|---|---|---|---|---|
| Shareholders' equity | 4,370 | 4,946 | 6,086 | 6,484 |
| Long-term borrowings | 10.0 | 0.8 | 14.1 | 20.9 |
| Short-term borrowings | 3.6 | 3.5 | 5.1 | 6.6 |
| Total borrowings | 13.6 | 4.3 | 19.1 | 27.5 |
| Current liabilities | 320 | 336 | 420 | 611 |
| Fixed assets (PPE) | 422 | 428 | 831 | 888 |
| Inventories | 675 | 576 | 1,023 | 1,483 |
| Trade receivables | 218 | 177 | 370 | 451 |
| Cash & equivalents | 67.4 | 93.1 | 163 | 93.2 |
| Current assets | 3,212 | 3,548 | 3,532 | 4,276 |
| Total assets | 4,980 | 5,635 | 6,990 | 7,609 |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 |
Cash flow
Cash coming in and going out
For each financial year, ₹ crore. Free cash flow = cash from operations minus spending on fixed assets.
Operating, investing and financing cash
FY22
FY23
FY24
FY26
Operations · YoY (vs a year ago)
—+19%+62%—
OperationsInvestingFinancingLine = trend
| ₹ Cr | FY22 | FY23 | FY24 | FY26 |
|---|---|---|---|---|
| Cash from operations | 299 | 356 | 577 | 49.1 |
| Cash from investing | -378 | -225 | -440 | 153 |
| Cash from financing | 86.9 | -96.7 | -112 | -129 |
| Spent on fixed assets | -67.1 | -31.0 | -219 | -154 |
| Free cash flow | 232 | 325 | 358 | -105 |
| Net cash flow | 7.8 | 35.0 | 25.7 | 73.0 |
Shareholding
Who holds the shares
Promoter and public holding at each quarter end, as filed with NSE.
Holding over time
Promoter & groupPublic
Latest (30 Sep 2026)
35.9%promoter
- Promoter & group
- 35.86%
- Public (FIIs, mutual funds, retail…)
- 64.14%
- Promoter change, last quarter
- 0.00 pts
Dividends & news
Latest dividends and announcements
Dividends & corporate actions
- Dividend - Rs 9 Per Share
- Dividend - Rs 8 Per Share
- Dividend - Rs 8 Per Share
- Dividend - Rs 7 Per Share
- Annual General Meeting/Dividend - Rs 6 Per Share
- Annual General Meeting/Dividend - Rs 5.50 Per Share
- Annual General Meeting/Dividend - Rs 5.50 Per Share
- Annual General Meeting/Dividend - Rs 4.50 Per Share
Board meetings
- the financial results for the period ended September 30, 2026
- FINOLEX CABLES LIMITED has informed the Exchange about Board Meeting to be held on 07-Nov-2026 to inter-alia consider and approve the Unaudited Finan…
- the inter alia, financial results for the period ended Jun 30, 2026
- FINOLEX CABLES LIMITED has informed the Exchange about Board Meeting to be held on 11-Aug-2026 to inter-alia consider and approve the Unaudited Finan…
- the financial results for the period ended March 31, 2026 and dividend
Filings with NSE
- General Updates
- Outcome of Board Meeting
- Analysts/Institutional Investor Meet/Con. Call Updates
- Updates
- Certificate under SEBI (Depositories and Participants) Regulations, 2018
- Change in Director(s)
- Shareholders meeting
Latest news
Finolex Cables Q2 Results: Profit surges 68%, EBITDA more than doubles to ₹311 croreCNBC TV18 · 7 Nov, 3:43 pmFinolex Cables shares hit 20% upper circuit on Muhurat Trading after strong Q2 FY27 results; check all numbersUpstox · 8 Nov, 3:20 pmFinolex Cables shares jump 14% in Muhurat Trading 2026 Diwali session day - here's why | Stock up 59% YTD | Key levelsLivemint · 8 Nov, 2:52 pmFinolex Cables stock on 4-day winning run; up 100% from Feb lowBusiness Standard · 10 Sep, 12:30 pmFinolex Cables stock jumps 12% after Q1 results; profit surges 53% on-year, EBITDA rises 79%Moneycontrol.com · 11 Aug, 12:30 pmFinolex Cables Share Price Today Down 7%Equitymaster · 19 Oct, 12:30 pmFinolex Cables Share Price Fall Streak on ValuationUnivest · 22 Oct, 12:30 pmFinolex Cables ends 6% higher after Q1 results, Jefferies lift target to ₹1,410BusinessLine · 12 Aug, 12:30 pmAbout
About Finolex Cables Limited
Finolex Group is an Indian conglomerate company based in Pune, India. The Finolex Group comprises Finolex Cables Ltd., Finolex Industries Ltd., Finolex J-Power Systems Ltd. and Finolex Plasson Industries Ltd. The group was founded in 1958 by P. P. Chhabria and K. P. Chhabria. The Finolex brand was intuitive from “Fine” and “Flexibles” and “O” with an electric arc across it – suggesting the electrical cable business the company was in.
From Wikipedia (CC BY-SA 4.0).
Company details
- Company name
- Finolex Cables Limited
- NSE symbol
- FINCABLES
- BSE scrip code
- 500144
- ISIN
- INE235A01022
- Listed on
- NSE, BSE
- Series
- EQ (normal equity)
- Listed on NSE since
- 15 Feb 1995
- Face value
- ₹2 per share
- Market lot
- 1 share
- Shares issued
- 15.30 crore
- Index
- NIFTY 500
- Sector (NSE)
- Capital Goods
- Industry
- Electrical Products
- Managing director / CEO
- Mahesh Viswanathan
- Chair
- Ratnakar Barve
- Headquarters
- Pune, Maharashtra, India
- Registered address
- 26-27 Mumbai-Pune Road, Pimpri, Pune - 411 018, Maharashtra, India
- Founded
- 1958
- Employees
- 1,609
- Financial year
- April to March
- Results basis
- Consolidated
- Website
- finolex.com
Peers
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Prices from NSE via Upstox. Financials from the company's results filed with NSE (XBRL); ratios are our own working. Profile from global-stock-logos (MIT). For information only, not a recommendation to buy or sell.