Finolex Cables Limited
Finolex Cables Limited operates in Cables - Electricals, part of the Capital Goods sector. It booked ₹2,013 cr of revenue in its latest quarter (Q1 FY27) and kept 12.4% of sales as profit. It is the 4th largest of 9 Cables - Electricals companies we track, by market value.
| Segment | FY20 | FY21 | FY24 | FY25 | FY26 | Share |
|---|---|---|---|---|---|---|
| Electrical cables | 2,361 | 2,310 | 4,222 | 4,499 | 5,490 | 69% → 65% |
| Communication cables | 409 | 321 | 531 | 508 | 500 | 12% → 6% |
| Others | 88 | 114 | 225 | 256 | 262 | 3% → 3% |
| Copper rods | 371 | 574 | 1,311 | 1,684 | 2,143 | 11% → 26% |
| Copper roads | 188 | — | — | — | — | — |
| Coper rods | — | — | 433 | — | — | — |
| Total | 3,417 | 3,319 | 6,722 | 6,947 | 8,395 |
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
“Established in 1958, Finolex Cables has emerged as India’s most diversified and prominent manufacturer of electrical and telecommunication cables, driving sustainable growth and delivering lasting stakeholder value.”
Healthier than 62% of companies in Capital Goods, on all six measures of filed financials. Each measure is ranked against the 19–127 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 35
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold
What if I invest in FINCABLES?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹2,013 cr |
| Other Income | ₹51 cr |
| Total Income | ₹2,065 cr |
| Cost of Materials | ₹1,834 cr |
| Purchases of Stock-in-Trade | ₹26 cr |
| Inventory Change (±) | ₹-239 cr |
| Employee Benefit Expense | ₹55 cr |
| Finance Costs | ₹45 L |
| Depreciation & Amortisation | ₹22 cr |
| Other Expenses | ₹91 cr |
| Total Expenses | ₹1,791 cr |
| Exceptional Items | ₹41 cr |
| Profit before Tax | ₹314 cr |
| Tax Expense | ₹65 cr |
| Net Profit | ₹249 cr |
| Net margin on total income | 12.1% |
| Metric | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|
| Revenue | 1,599 cr | 1,951 cr | 2,013 cr |
| Total income | 1,640 cr | 1,984 cr | 2,065 cr |
| Expenses | 1,456 cr | 1,788 cr | 1,791 cr |
| Profit before tax | 184 cr | 303 cr | 314 cr |
| Tax | 52 cr | 79 cr | 65 cr |
| Net profit (owners' share) | 164 cr | 224 cr | 249 cr |
| Net margin (owners' share, on revenue) | 10.3% | 11.5% | 12.4% |
| EPS (₹) | 10.73 | 14.67 | 16.28 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Polycab India Limited | ₹7,837 | ₹1.18 L cr | 30.2 | 29.9% | 9.9% | — |
| KEI Industries Limited | ₹3,881 | ₹37,106 cr | 35.3 | 14.6% | 6.9% | — |
| R R Kabel Limited | ₹2,001 | ₹22,646 cr | 31.3 | 23.8% | 5.5% | — |
| Finolex Cables Limitedthis company | ₹1,140 | ₹17,438 cr | 17.5 | 16.4% | 12.4% | — |
| Universal Cables Limited | ₹1,233 | ₹4,277 cr | 15.2 | 14.8% | 7.4% | — |
| Laser Power & Infra Limited | ₹218 | ₹2,510 cr | 30.3 | — | 4.0% | — |
| Lumino Industries Limited | ₹94 | ₹2,296 cr | 14.3 | — | 7.7% | — |
| Paramount Communications Limited | ₹62 | ₹2,021 cr | 20.9 | 10.5% | 4.3% | — |
| Dynamic Cables Limited | ₹330 | ₹1,601 cr | 18.1 | 17.6% | 6.1% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹9 / share | 4 Sep 2026 |
| Dividend | ₹8 / share | 4 Sep 2025 |
| Dividend | ₹8 / share | 17 Sep 2024 |
| Dividend | ₹7 / share | 22 Sep 2023 |
| Dividend | ₹6 / share | 15 Sep 2022 |
| Dividend | ₹5.5 / share | 16 Sep 2021 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.