Overview Fundamentals Financials Technicals Corporate Action Shareholding Pattern Peer Comparison News Stock Analysis About Company FAQs

Finolex Cables Ltd Share Price

Cables - Power - Large

NSE: FINCABLES Small Cap ISIN: INE235A01022
As on 14 January 2025 at 00:20 IST
As on 14 January 2025 at 00:20 IST
990.45
-48.60
(-4.68%)
About Finolex Cables Ltd

Finolex Cables Ltd is a leading manufacturer of electrical and telecommunication cables in India. The company specializes in producing various cables, including power, control and automotive. It operates in the electrical and telecommunication sectors. The company was founded in 1958, making it many years old. Finolex Cables Ltd headquarters is in Pune, Maharashtra, India. Finolex’s main products include a variety of cables, such as PVC-insulated industrial cables, power and control cables, high voltage power cables, and fibre optic cables. The company also produces various electrical products like switches, switchgear, and lighting solutions. Read More...

Over 1 Month
-22.03%
Over 6 Months
-38.21%
Over 1 Year
-7.27%
Over 3 Years
86.14%

Finolex Cables Ltd Summary

Close ₹ 990.45
Open ₹ 1,014.05
High ₹ 1,032.40
Low ₹ 986
Volume 1,87,454
Net Turnover (in ₹) ₹ 18,76,20,298.95
52Wk High ₹ 1,700
52Wk Low ₹ 831.25
52Wk High / Low
831.25
1,700

Finolex Cables Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 15,147.88
EPS (TTM) 35.48
Book Value (BV) 285.03
Div. Yield 0.81 %
P/E (TTM) 27.87
Price/Book Value 3.47
Delivery % 43.17 %
Face Value 2

Key Ratios

PE Ratio 26.78
PB Ratio 3.64
EV to Sales 3.04
PEG Ratio 1.92
ROA 13.49
ROE 14.44
Debt-Equity -
Net Profit Margin 11.40
Operating Profit Margin 15.93

Finolex Cables Ltd Financials

Profit and Loss

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Total Revenue5,189.734,598.853,839.562,845.102,968.80
Total Expenses4,472.064,019.393,380.012,437.652,534.34
Profit Before Tax863.79649.45786.63630.87512.05
Profit After Tax651.69504.28599.14461.46391
Operating Profit after Depreciation719.70580.70461.07408.21436.01

Balance Sheet

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Fixed Assets444.50434.95380.18394.43386.53
Total Non Current Assets2,0871,768.871,696.781,542.291,337.63
Total Current Assets3,548.163,211.582,797.262,343.382,069.17
TOTAL ASSETS5,635.164,980.454,494.043,885.673,406.80
Total Shareholder's Fund4,945.864,370.363,922.063,414.513,003.71

Cash Flow

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash from Operating Activities576.90356.31473.05114.37308.80
Net Cash used in Investing Activities-439.57-224.64-378.34-859.46587.26
Net Cash used in Financing Activities-111.66-96.65-86.92-86.33-86.42

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Total Revenue5,232.444,679.243,919.952,845.103,049.19
Total Expenses4,479.594,033.203,393.332,452.982,547.86
Profit Before Tax752.85646.04526.62392.12501.33
Profit After Tax571.60501.74404.61282.89402.48
Operating Profit after Depreciation754.88647.28528.14392.88502.88

Balance Sheet

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Fixed Assets444.50434.95380.18394.43386.53
Total Non Current Assets1,079.71871.69802.92908.38942.62
Total Current Assets3,548.163,211.582,797.262,343.382,069.17
TOTAL ASSETS4,627.874,083.273,600.183,251.763,011.79
Total Shareholder's Fund4,205.883,709.643,263.792,950.712,718.63

Cash Flow

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash from Operating Activities576.90356.31473.05114.37308.80
Net Cash used in Investing Activities-439.57-224.64-378.34-859.46587.26
Net Cash used in Financing Activities-111.66-96.65-86.92-86.33-86.42

Particulars (in ₹ Cr.) 2024-09 2024-06 2024-03 2023-12 2023-09
Total Revenue1,311.721,230.481,401.021,221.681,187.44
Total Expenses1,205.841,103.661,239.111,087.981,041.34
Profit Before Tax150.68317.75249.56197.76206.46
Profit After Tax117.89243.92186.10150.98154.18
Operating Profit after Depreciation162.81328.86262.09209.04217.74

Particulars (in ₹ Cr.) 2024-09 2024-06 2024-03 2023-12 2023-09
Total Revenue1,311.721,230.481,401.021,221.681,187.44
Total Expenses1,213.211,110.131,242.051,088.571,043.24
Profit Before Tax188.21155.57196.11166.86217.46
Profit After Tax146.09122.51146.22127.75165.39
Operating Profit after Depreciation200.34166.68208.64178.14228.74

Finolex Cables Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3
S1 1,019.62
S2 1,000.18
S3 964.37
Pivot 1,055.43
R1 1,074.87
R2 1,110.68
R3 1,130.12

Moving Average

20 SMA 1,169.78
50 SMA 1,186.30
100 SMA 1,284.50
200 SMA 1,303.81

Finolex Cables Ltd Corporate Actions

Finolex Cables Ltd

₹8/Share

Announcement Date 17 Sep 2024
Record Date 18 Sep 2024
Div Yield 400%

Finolex Cables Ltd Peer Comparison

Company Price Market Cap (in ₹ Cr)
Finolex Cables Ltd ₹988.80 ₹15,122.64
Polycab India Ltd ₹6,249.55 ₹94,005.52
KEI Industries Ltd ₹3,994.85 ₹38,171.83
R R Kabel Ltd ₹1,310.85 ₹14,821.58
Diamond Power Infrastructure Ltd ₹135.60 ₹7,145.73
Sterlite Technologies Ltd ₹103.45 ₹5,046.43

Finolex Cables Ltd News

Finolex Cables announces cessation of directors

with effect from 03 November 2024

05 Nov 2024, 03:02 pm

Finolex Cables to conduct board meeting

On 12 November 2024

30 Oct 2024, 04:54 pm

Finolex Cables to hold AGM

On 28 September 2024

14 Sep 2024, 05:33 pm

Finolex Cables board approves change in chairman

At meeting held on 04 September 2024

05 Sep 2024, 05:26 pm

Finolex Cables schedules board meeting

On 10 August 2024

02 Aug 2024, 06:57 pm

Finolex Cables Ltd Stock Analysis

  1. Annual revenue for Finolex Cables Ltd increased by 11.82% to ₹5,232.44 crore in FY 2024 from ₹4,679.24 crore in FY 2023.
  2. Annual Net Profit for Finolex Cables Ltd increased by 13.92% to ₹571.60 crore in FY 2024 from ₹501.74 crore in FY 2023.
  3. Promoter Shareholding in Finolex Cables Ltd remains unchanged by 0.00% in the most recent quarter, from 35.86% in September 2024 to 35.86% in December 2024.
  4. Finolex Cables Ltd delivered a 1-year return of -7.27% compared to the Nifty 50, which provided a return of 4.47% as of the last trading session.
  5. Finolex Cables Ltd share price moved down by 4.68% from its previous close of INR ₹1,039.05. The latest Finolex Cables Ltd share price is INR ₹990.45.
  6. Finolex Cables Ltd share price today has been at a low of 986 and a high of 1,032.40. Over the past 52 weeks, the Finolex Cables Ltd share price has seen a low of 831.25 and a high of 1,700.

About Finolex Cables Ltd

Finolex Cables Ltd is a leading manufacturer of electrical and telecommunication cables in India. The company specializes in producing various cables, including power, control and automotive. Additionally, Finolex manufactures polyvinyl chloride (PVC) sheets used for roofing, signage, and interiors.

Operating in the electrical and telecommunication sector, Finolex Cables has established itself as a significant player in the industry. The company was founded in 1958 by Pralhad P. Chhabria and Kishan P. Chhabria. Over the decades, Finolex has grown substantially. It has expanded its product portfolio and market reach both domestically and internationally.

Finolex Cables Ltd's headquarters is in Pune, Maharashtra, India. The company's promoters include Orbit Electricals Private Limited, with a 30.70% stake. Finolex is recognized for its commitment to quality and innovation. The company is a notable name in the cable manufacturing industry. A team of professional managerial promoters manages the operations of the company-
  • Deepak Chhabria
  • Ratnakar Prakash Barve
  • Nikhil Manohar Naik
  • Zubin Framroze Billimoria
  • Sriraman Raghuraman

Finolex’s main products include a variety of cables. These include PVC-insulated industrial cables, power and control cables, high-voltage cables, and fibre optic cables. The company also produces various electrical products like switches, switchgear, and lighting solutions. These products are essential for various residential, commercial, and industrial applications.

While Finolex Cables is a significant player in the cable manufacturing sector, it is not the largest. The company ranks below others in terms of market share and market capitalization. However, it leads to specific product categories, mainly electrical and telecommunication cable manufacturing. This leadership is a testament to the company’s expertise and dedication to excellence. The registered office of Finolex Cables Ltd is in Pune, Maharashtra, and the registrar's office is in Hyderabad, Telangana.

Impact of Finolex Cables Limited

Finolex Cables Ltd has significantly impacted the electrical sector in India and beyond. The company has also influenced the telecommunication sector considerably. Established in 1958, the company has become a leading manufacturer of various cables and electrical products. Finolex’s influence extends across various residential, commercial, and industrial sectors. Its products are essential for numerous applications in these areas.

One of the most notable impacts of Finolex Cables is its contribution to infrastructure development in India. The company’s high-quality cables are used in various infrastructure projects. These include power transmission, telecommunications, and construction. These projects are crucial for the country’s economic growth and development. Finolex’s reliable and durable products ensure the efficient and safe transmission of electricity and data. These functions are vital for modern infrastructure.

Finolex Cables has also played a crucial role in advancing the telecommunication sector. The company’s fibre optic cables are essential for high-speed internet and communication networks. These cables support the growing demand for data transmission and connectivity. Such capabilities are critical for businesses, education, and everyday communication. Finolex’s products have enabled the expansion of telecommunication networks. This contribution has played a significant role in the digital transformation of India.

The company’s impact is further evident in its commitment to quality and innovation. Finolex invests heavily in research and development. This effort aims to create products that meet the highest performance standards. The company also prioritizes safety in its product offerings.

This focus on quality has earned the company a strong reputation among its customers. It has also helped Finolex build long-term relationships with leading manufacturers and service providers. Finolex’s innovative solutions ensure its products remain relevant and competitive in the ever-evolving market.

Finolex Cables has also made significant contributions to the automotive industry. The company’s automotive cables are used in various vehicles, ensuring the safe and efficient transmission of electrical signals. These cables are essential for the functioning of modern vehicles, which rely heavily on electronic systems. Finolex’s products support the automotive industry’s shift towards more advanced and efficient technologies. This contribution enhances overall vehicle performance and safety.

Finolex Cables’ influence is not limited to its products alone. The company is also known for its corporate social responsibility initiatives. Finolex engages in various activities to improve community health, education, and well-being. The company’s initiatives include providing scholarships to students and supporting healthcare facilities. It also promotes environmental sustainability. Finolex’s focus on social responsibility reflects its belief that businesses have a role in creating a better world.

The company’s impact on the local economy is also significant. Finolex provides employment opportunities to thousands of people, supporting livelihoods and contributing to economic development. The company’s operations have a positive ripple effect on the communities where it operates. They foster economic growth and stability in those areas.

Finolex Cables’ strong leadership and management team have been instrumental in its success. The company’s founders, Pralhad P. Chhabria and Kishan P. Chhabria laid the foundation for its growth and success. Today, the management team drives the company’s vision and strategic direction. They navigate the industry's challenges while achieving sustained growth.

Finolex Cables Ltd has profoundly impacted the electrical and telecommunication sectors, the broader economy and society. The company’s high-quality products and innovative solutions have contributed to developing critical infrastructure and improving vehicle performance and safety.

FAQ’s

What is the share price of Finolex Cables Ltd today?

Finolex Cables Ltd share price as on 13 Jan 2025 is ₹ 990.45

What is the Market Cap of Finolex Cables Ltd?

The market cap of Finolex Cables Ltd stock is ₹15,147.88 Cr.

What is the PE Ratio of Finolex Cables Ltd?

The Price to Earnings (P/E) Ratio of Finolex Cables Ltd is 26.78

What is the PB Ratio of Finolex Cables Ltd?

The Price to Book (P/B) Ratio of Finolex Cables Ltd is 3.64

What is the 52 week high of Finolex Cables Ltd Share Price?

The 52 week high of Finolex Cables Ltd share price stands at ₹1,700

What is the 52 week low of Finolex Cables Ltd Share Price?

The 52 week low of Finolex Cables Ltd share price stands at ₹831.25

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