Finolex Cables
Finolex Cables Share Price Chart
Finolex Cables last traded at ₹1,440.00 (2026-10-13). Over the past month the stock moved +1.4%, three months the stock moved +32.6%, year the stock moved +73.3%. Its closing range over 52 weeks is ₹721.50 – ₹1,488.00, with the latest close 3.2% below the high.
Closing prices up to 2026-10-13.
About Finolex Cables
Finolex Cables Limited is a leading manufacturer of electrical and telecommunication cables in India. Operating for more than 50 years, Finolex has been able to maintain its leadership position as one of the most diversified wires and cables companies in the country.
Product Portfolio[1] [2] The company offers electrical, communication, and power distribution cables. It is also present in electrical switches, LED (light-emitting diode)-based lighting products, fans, miniature circuit breakers, water heater segments, conduit pipes, and irons. Its products are used in the residential, commercial, infrastructure, and industrial sectors.
Fundamentals
Quarterly Results
In the latest quarter (Jun 2026), Finolex Cables reported sales of ₹2,013.00 crore (+44.2%) and net profit of ₹249.00 crore (+52.8%), compared with the same quarter last year.
| Period | Sales | Operating profit | OPM % | Net profit | EPS (₹) |
|---|---|---|---|---|---|
| Jun 2026 | 2,013 | 244.00 | 12.00 | 249.00 | 16.28 |
| Mar 2026 | 1,951 | 180.00 | 9.00 | 224.00 | 14.67 |
| Dec 2025 | 1,599 | 158.00 | 10.00 | 164.00 | 10.73 |
| Sep 2025 | 1,376 | 145.00 | 11.00 | 163.00 | 10.63 |
| Jun 2025 | 1,396 | 136.00 | 10.00 | 163.00 | 10.63 |
| Mar 2025 | 1,595 | 171.00 | 11.00 | 192.00 | 12.54 |
| Dec 2024 | 1,182 | 138.00 | 12.00 | 147.00 | 9.63 |
| Sep 2024 | 1,312 | 106.00 | 8.00 | 118.00 | 7.71 |
| Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales growth | +10.5% | -3.3% | +13.8% | +13.5% | +4.9% | +35.3% | +22.3% | +44.2% |
| Operating profit growth | -27.4% | +3.0% | +5.6% | +7.1% | +36.8% | +14.5% | +5.3% | +79.4% |
| Net profit growth | -23.4% | -2.6% | +3.2% | -33.2% | +38.1% | +11.6% | +16.7% | +52.8% |
| EPS growth | -23.5% | -2.4% | +3.0% | -33.4% | +37.9% | +11.4% | +17.0% | +53.2% |
| OPM % | 8.0% | 12.0% | 11.0% | 10.0% | 11.0% | 10.0% | 9.0% | 12.0% |
Colour scale: below -5% -5% to 0% 0% to 5% 5% to 20% 20% and above. A dash means the earlier figure was zero or negative, so a percentage is not meaningful.
Annual Financials
In the latest year (Mar 2026), Finolex Cables reported sales of ₹6,321.00 crore (+18.8%) and net profit of ₹714.00 crore (+1.9%), compared with the previous year.
| Period | Sales | Operating profit | OPM % | Net profit | EPS (₹) |
|---|---|---|---|---|---|
| Mar 2026 | 6,321 | 620.00 | 10.00 | 714.00 | 46.67 |
| Mar 2025 | 5,319 | 541.00 | 10.00 | 701.00 | 45.82 |
| Mar 2024 | 5,014 | 588.00 | 12.00 | 652.00 | 42.61 |
| Mar 2023 | 4,481 | 509.00 | 11.00 | 504.00 | 32.97 |
| Mar 2022 | 3,768 | 429.00 | 11.00 | 599.00 | 39.18 |
| Mar 2021 | 2,768 | 370.00 | 13.00 | 461.00 | 30.17 |
| Mar 2020 | 2,877 | 384.00 | 13.00 | 391.00 | 25.57 |
| Mar 2019 | 3,078 | 474.00 | 15.00 | 407.00 | 26.64 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales growth | +9.3% | -6.5% | -3.8% | +36.1% | +18.9% | +11.9% | +6.1% | +18.8% |
| Operating profit growth | +7.5% | -19.0% | -3.6% | +15.9% | +18.6% | +15.5% | -8.0% | +14.6% |
| Net profit growth | +23.3% | -3.9% | +17.9% | +29.9% | -15.9% | +29.4% | +7.5% | +1.9% |
| EPS growth | +23.4% | -4.0% | +18.0% | +29.9% | -15.8% | +29.2% | +7.5% | +1.9% |
| OPM % | 15.0% | 13.0% | 13.0% | 11.0% | 11.0% | 12.0% | 10.0% | 10.0% |
Colour scale: below -5% -5% to 0% 0% to 5% 5% to 20% 20% and above. A dash means the earlier figure was zero or negative, so a percentage is not meaningful.
Shareholding
AI Analysis
Finolex Cables is trading at ₹1,055, up 3.8% intraday and 50.5% over 12 months, well-positioned within the upper half of its 52-week range. The company has delivered strong earnings growth with Q4 FY26 net profit of ₹224 Cr (vs ₹163 Cr in Q2), though operating margins have compressed to 9% from 11% historically, and the stock appears modestly overvalued at 22.6x P/E versus the sector median of 49.8x. Key strength lies in consistent revenue expansion (FY26 sales of ₹6,321 Cr) and pristine balance sheet (D/E near 0.00), offset by deteriorating cash flow quality (OCF declined from ₹207 Cr to ₹49 Cr year-on-year) and a 200 bps ROCE compression (18% to 16%), signaling emerging margin and capital efficiency headwinds.
- Strong earnings growth trajectory: Net profit increased 37% QoQ from Q2 FY26 (₹163 Cr) to Q4 FY26 (₹224 Cr) driven by revenue expansion to ₹6,321 Cr annually, demonstrating scalability.
- Fortress balance sheet with zero leverage (D/E = 0.00) and equity+reserves growing from ₹4,946 Cr (Mar 2024) to ₹6,086 Cr (Mar 2026), providing financial flexibility and dividend sustainability.
- Compelling valuation at 22.6x P/E versus sector median 49.8x (52% discount), with stock still only 10.7% below 52W high, combining value with momentum for lower downside risk.
- Deteriorating cash flow quality and capital efficiency: Operating cash flow collapsed 76% YoY (₹207 Cr to ₹49 Cr in Mar 2026) despite higher profits, and ROCE declined 200 bps (18% to 16%), signaling potential working capital stress or aggressive capex without proportional returns.
- Operating margin compression from 11% (historical/Mar 2014–2015 levels) to 9–10% in recent quarters (Q4 FY26: 9% OPM) indicates either input cost inflation or competitive pricing pressure in the cables sector, which could constrain earnings growth if not reversed.
AI-generated analysis for informational purposes only — not SEBI-registered investment advice.
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Frequently Asked Questions
What is Finolex Cables's current stock price?
Finolex Cables shares were last quoted at ₹1,440.00 (+3.7% on the day). Use the Refresh price button on this page for the latest available price. Prices are for information only.
What is the P/E ratio of Finolex Cables?
Finolex Cables has a price-to-earnings (P/E) ratio of 27.91 and a price-to-book (P/B) ratio of 3.55. The industry P/E is 47.51.
What is the 52-week high and low of Finolex Cables?
The 52-week high of Finolex Cables is ₹1,498.35 and the 52-week low is ₹701.00.
What is the market cap of Finolex Cables?
The market capitalisation of Finolex Cables is about ₹22,335.26 crore.
How did Finolex Cables perform in its latest quarterly results?
In the latest quarter (Jun 2026), Finolex Cables reported sales of ₹2,013.00 crore (+44.2%) and net profit of ₹249.00 crore (+52.8%), compared with the same quarter last year.
Is Finolex Cables a good stock to buy?
This page is for information and is not investment advice. As per the data shown here, Finolex Cables has a 3-year ROE of 13.00%, 3-year profit growth of 12.00%. Review the fundamentals, quarterly results and AI analysis on StockSpin, and consult a SEBI-registered adviser before investing.
What is the promoter holding in Finolex Cables?
Promoters hold about 35.86% of Finolex Cables.
Which sector does Finolex Cables belong to?
Finolex Cables belongs to the Cables sector.