Finolex Cables Limited (FINCABLES) AI Stock Analysis

• Market Cap: ₹130.18B
• Dividend Yield: 0.96%
• Average Volume (3M): 19.23K
• Price to Earnings (P/E): 21.0
• Beta (1Y): 1.57
• Revenue Growth: 8.79%
• EPS Growth: -15.74%
• Country: IN
• Employees: 1,576
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Electrical Equipment & Parts
• EPS (TTM): 9.10
• Shares Outstanding: 152,939,350
• 10 Day Avg. Volume: 14,817
• 30 Day Avg. Volume: 19,234
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹1,032.50
• Price Target Upside: 24.27% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 67 Neutral
• Price Target: ₹915.00 ▲(10.13% Upside)

Finolex Cables Limited's overall stock score is driven by strong financial performance, which is the most significant factor. However, mixed technical indicators and a moderate valuation suggest caution. The absence of earnings call data and corporate events means these factors do not influence the score.

Finolex Cables Limited Business Overview & Revenue Model

Company Description

Finolex Cables Limited manufactures and sells electrical and communication cables, and other electrical appliances in India. The company operates through Electrical Cables, Communication Cables, Copper Rods, and Others segments. It offers electrical cables, such as 1100V and motor winding PVC insulated, automotive/battery, UPS, elevator, and solar cables, as well as heavy duty, underground, low and high voltage, power, and control cables; and communication cables, including optic fiber, coaxial, local area network, CCTV, speaker, jelly filled telephone, PE insulated telephone, and V-SAT cables. The company also provides copper rods; electrical switches, sockets, regulators, etc.; and retrofit and non-retrofit CFL lamps, T5 tube lights, and fittings, as well as LED based lighting solutions. In addition, it offers ceiling, table, wall, pedestal, and exhaust fans; switchgear products, such as miniature and residual current circuit breakers, molded case circuit breakers, and distribution boards; conduit pipes and fittings; and water heaters. Further, the company offers its products through online retail stores. It also exports its products to the United States and the United Arab Emirates. Finolex Cables Limited was founded in 1958 and is based in Pune, India.

How the Company Makes Money

Finolex Cables Limited generates revenue through the manufacturing and sale of various types of cables and electrical goods. Its core revenue streams include the sale of electrical cables, which are used in residential, commercial, and industrial applications, and telecommunication cables, which support network infrastructure. The company also offers a range of other products such as copper rods, switches, lighting products, and fans, contributing to its diversified income. Finolex Cables benefits from significant partnerships with key players in the real estate, infrastructure, and telecommunications sectors, which drive demand for its products. Additionally, the company's strong distribution network and brand reputation help maintain its market position and earnings.

Finolex Cables Limited Financial Statement Overview

Summary

Finolex Cables Limited demonstrates strong financial health with consistent revenue and profit growth, solid margins, and a stable balance sheet. The company's prudent debt management and robust equity position are commendable. However, challenges in maintaining consistent free cash flow highlight areas for strategic focus in capital allocation and operational efficiency.

Income Statement

Finolex Cables Limited shows a robust revenue growth trend, with a significant increase from 2021 to 2025. The Gross Profit Margin and Net Profit Margin have remained strong, indicating effective cost management and profitability. The EBIT and EBITDA margins are healthy, reflecting efficient operational performance. However, a slight decline in EBIT from 2024 to 2025 suggests potential areas for operational improvement.

Balance Sheet

The company maintains a strong Balance Sheet with a low Debt-to-Equity Ratio, indicating conservative leverage practices. The Return on Equity is impressive, showing effective utilization of shareholder funds. The Equity Ratio is also high, suggesting financial stability and strong asset base. The company’s increasing cash reserves further enhance its financial position.

Cash Flow

Cash flow from operations has been positive, though there is volatility in Free Cash Flow, notably a decline in 2025 due to increased capital expenditures. The Operating Cash Flow to Net Income Ratio is stable, but the Free Cash Flow to Net Income Ratio has decreased, highlighting potential challenges in converting profits into free cash.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	51.25B	53.19B	50.14B	44.81B	36.99B	27.22B
Gross Profit	8.91B	10.27B	7.32B	9.03B	7.07B	6.50B
EBITDA	9.08B	9.71B	7.64B	6.27B	8.27B	6.71B
Net Income	6.95B	7.01B	6.52B	5.04B	5.99B	4.61B
Balance Sheet
Total Assets	0.00	62.87B	56.35B	49.80B	44.94B	38.86B
Cash, Cash Equivalents and Short-Term Investments	27.55B	27.83B	26.78B	21.55B	17.83B	12.60B
Total Debt	0.00	199.90M	189.40M	138.90M	91.00M	70.10M
Total Liabilities	-51.92B	7.91B	6.89B	6.10B	5.72B	4.71B
Stockholders Equity	51.92B	54.95B	49.46B	43.70B	39.22B	34.15B
Cash Flow
Free Cash Flow	0.00	-291.80M	3.58B	3.25B	4.06B	594.60M
Operating Cash Flow	0.00	2.07B	5.77B	3.56B	4.73B	1.14B
Investing Cash Flow	0.00	-820.90M	-4.40B	-2.25B	-3.78B	-8.59B
Financing Cash Flow	0.00	-1.28B	-1.12B	-966.50M	-869.20M	-863.30M

Finolex Cables Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 830.85
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:FINCABLES, the sentiment is Negative. The current price of 830.85 is below the 20-day moving average (MA) of 842.05, below the 50-day MA of 872.84, and below the 200-day MA of 954.46, indicating a neutral trend. The MACD of -5.29 indicates Negative momentum. The RSI at 46.61 is Neutral, neither overbought nor oversold. The STOCH value of 53.41 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:FINCABLES.

Finolex Cables Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JINDALSAW	76 Outperform	135.83B	7.75	15.23%	0.94%	-7.04%	-7.16%
PCBL	68 Neutral	155.80B	35.70	11.75%	1.33%	16.06%	-17.84%
FINCABLES	67 Neutral	₹130.18B	21.02		0.96%	8.79%	-15.74%
MAHSEAMLES	65 Neutral	84.47B	9.61	12.26%	1.59%	-1.30%	0.51%
FINPIPE	64 Neutral	134.49B	33.63	13.12%	1.16%	-5.47%	-53.73%
PRINCEPIPE	56 Neutral	36.87B	160.00	2.74%	0.15%	-4.57%	-87.59%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

Finolex Cables Limited Corporate Events

Finolex Cables Announces 57th AGM and Key Business Resolutions

Finolex Cables Limited has announced its 57th Annual General Meeting (AGM) scheduled for September 29, 2025, to be conducted via video conference. The meeting will address several key business items, including the adoption of financial statements, declaration of dividends, reappointment of a director, and the appointment and ratification of auditors. These actions are part of the company’s ongoing efforts to maintain transparency and compliance with regulatory requirements, ensuring continued trust and engagement with stakeholders.

Finolex Cables Schedules Earnings Call for Q2 2025 Results

Finolex Cables Limited has announced an upcoming Earnings Conference Call scheduled for August 14, 2025, to discuss the financial results for the quarter ending June 30, 2025. The call will be led by Mr. Mahesh Viswanathan, the Chief Financial Officer, and aims to provide insights into the company’s financial performance, potentially impacting investor perceptions and market positioning.