



Consumer Durables | Small Cap
Finolex Cables demonstrates strong financial health, driven by robust growth and profitability. The company exhibits excellent solvency due to its zero-debt policy. Profitability is solid, supported by healthy margins and returns on capital. The company maintains a good coverage ratio, indicating a strong ability to meet its interest and dividend obligations. The company shows good growth, especially in revenue and earnings per share. However, its liquidity and efficiency ratios could be improved, particularly in managing cash and capital turnover. While the company shows good performance in fixed asset and receivables turnover, inventory management could be enhanced. Despite these areas for improvement, Finolex Cables is well-positioned for continued success in the capital goods sector.
Finolex Cables demonstrates strong financial health, driven by robust growth and profitability. The company exhibits excellent solvency due to its zero-debt policy. Profitability is solid, supported by healthy margins and returns on capital. The company maintains a good coverage ratio, indicating a strong ability to meet its interest and dividend obligations. The company shows good growth, especially in revenue and earnings per share. However, its liquidity and efficiency ratios could be improved, particularly in managing cash and capital turnover. While the company shows good performance in fixed asset and receivables turnover, inventory management could be enhanced. Despite these areas for improvement, Finolex Cables is well-positioned for continued success in the capital goods sector.
Overall Valuation Score
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Last Traded Time
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P/E RATIO (TTM)
30.65
Industry Median
34.98
Small Cap Median
32.37
P/E RATIO
26.75
P/B RATIO
3.14
Industry Median
3.14
Small Cap Median
3.02
P/S RATIO
2.96
Industry Median
2.02
Small Cap Median
1.43
Others
PEG RATIO
0.00
EV/EBITDA RATIO
18.76
The Calculations Shown Above Are Based on the Last Traded Price (LTP) of ₹1248.3 as on Sep 1, 2026.
Finolex Cables demonstrates excellent growth across all key metrics, including revenue, operating profit, earnings per share, assets, and net income. This consistent growth indicates a strong market position and effective management strategies. The growth will lead to good returns for the share holders.
| Growth Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue Growth Rate | 36.13 | 18.92 | 11.89 | 6.08 | 18.84 |
| Operating Profit Growth Rate | 15.95 | 18.65 | 15.52 | -7.65 | 14.18 |
| Earnings Per Share (EPS) Growth | 29.86 | -15.85 | 29.24 | 7.53 | 1.86 |
| Asset Growth Rate | 15.65 | 10.81 | 13.15 | 11.57 | 11.18 |
| Net Income Growth Rate | 29.93 | -15.86 | 29.37 | 7.52 | 1.85 |
Revenue Growth Rate
Operating Profit Growth Rate
Earnings Per Share (EPS) Growth
Asset Growth Rate
Net Income Growth Rate
Peer Comparison empowers investors to evaluate a company against its industry peers using key financial metrics like P/E ratio, EPS, and profit margins. It helps identify whether a company is overvalued, undervalued, or performing in line with competitors. Investors can use this data to spot opportunities, assess risks, and make informed decisions. This contextual view adds depth beyond standalone company analysis.
| NO | Company Name | Health Score | P/E Ratio | Valuation | OPM | EPS | Latest Profit & Loss |
|---|---|---|---|---|---|---|---|
| 1 | Finolex Cables Ltd | 8.96 | 26.75 | Neutral | 620.00 | 40.73 | 714.00 |
| 2 | R R Kabel Ltd | 8.90 | 65.94 | Highly Overvalued | 784.00 | 43.05 | 492.00 |
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Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Market Sentiment
Analysis Driven By 1 Technical Indicators From The 1 Hour Timeframe
Analyzing moving average trends and crossovers. Green/Red badges indicate if the current condition passes or fails.
Comparing stock price performance (normalized) against benchmark indices over time.
Recent daily trading volume represented as a bar chart, alongside historical averages.
Current closing price relative to the 52-week highest and lowest prices.
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Finolex Cables Ltd is a leading Indian manufacturer of electrical and communication cables, and a diversified player in fast-moving electrical goods (FMEG). It specializes in various types of wires, cables, and also offers electrical accessories like switches, fans, and water heaters, catering to both retail and institutional segments across India.
P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. Finolex Cables Ltd's P/E ratio (TTM) is 30.65, compared to the industry median of 34.98 and large cap median of 32.37.
P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. Finolex Cables Ltd's P/B ratio is 3.14, compared to the industry median of 3.14 and large cap median of 3.02.
P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. Finolex Cables Ltd's P/S ratio is 2.96, compared to the industry median of 2.02 and large cap median of 1.43.
PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. Finolex Cables Ltd's PEG ratio is 1.90.
EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. Finolex Cables Ltd's EV/EBITDA ratio is 18.76.
Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. Finolex Cables Ltd's ROE is 11.73%.
Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. Finolex Cables Ltd's ROA is 8.87%.
Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. Finolex Cables Ltd's ROCE is 16%.
Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. Finolex Cables Ltd's operating margin is 9.81%.
Net Margin: Net margin shows what percentage of revenue converts into final net profit. Finolex Cables Ltd's net margin is 11.30%.
Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. Finolex Cables Ltd's current ratio is 2.08.
Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. Finolex Cables Ltd's debt-to-equity ratio is 0.
Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. Finolex Cables Ltd's interest coverage ratio is 465.50.
Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. Finolex Cables Ltd's DPS is ₹0.
Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. Finolex Cables Ltd's EPS is 1.86.
(Source line: "Ratios as of 23 Oct 2026, based on last traded price of ₹1248.30. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")
Founded: 1958
Headquarters: Pune, Maharashtra
Core Offerings: Electrical Wires & Cables, Communication Cables, Fans, Switches & Water Heaters, Lighting Products
Stock Listing: NSE (FINCABLES), BSE (500144)
Promoter: Chhabria Group / Finolex Group
Finolex Cables Ltd was founded in 1958 by the Chhabria family. Starting as a small cable manufacturer, it steadily grew its product portfolio and manufacturing capabilities to become one of India's largest and most recognized brands in electrical and communication cables. In recent years, the company has diversified into fast-moving electrical goods (FMEG), including fans, switches, lighting, and water heaters, leveraging its strong distribution network to expand its market reach.
| Segment Name | Revenue % | EBITDA |
|---|---|---|
| Wires and Cables | Approximately 88-90% | Higher margin contributor |
| FMEG (Fans, Switches, Lighting, Water Heaters) | Approximately 10-12% | Developing segment, lower margin currently |
Wires & Cables: This core segment includes a wide range of electrical wires (domestic, industrial), power cables, control cables, communication cables (optic fiber, co-axial, LAN), and specialty cables for various applications like solar and automotive. It forms the bulk of the company's revenue and profitability.
FMEG (Fast Moving Electrical Goods): This segment encompasses products such as electric water heaters, fans (ceiling, table, wall), switches, switchgear, and lighting products (LED bulbs, tube lights). Finolex leverages its established brand and distribution network to grow this relatively newer business vertical.
Mr. Deepak Chhabria, Executive Chairman: Son of the founder, he has been instrumental in the company's growth and diversification, guiding its strategic direction and market expansion. Mr. Mahesh H. Karajgaonkar, Managing Director: With extensive experience in the electrical industry, he leads the company's day-to-day operations and drives its operational efficiencies and market penetration.
No major subsidiaries reported.
No major recent corporate actions on record (such as bonus issues, rights issues, or significant M&A).
The Finolex Cables Ltd share price today is ₹1248.30 on NSE (FINCABLES), as of 23 Oct 2026.
As of 23 Oct 2026, Finolex Cables Ltd share price is ₹1248.30, with previous close ₹1248.30. Today's range is ₹1248.30 to ₹1248.30. The 52-week range is ₹N/A to ₹N/A.
As of today, Finolex Cables Ltd's market cap is ₹18,724.5 crore (Mid Cap).
Finolex Cables Ltd's current P/E ratio is 30.65, compared to the CONSUMER DURABLES sector average of 58.20.
Finolex Cables Ltd's current P/B ratio is 3.14.
Finolex Cables Ltd's current dividend yield is N/A. Last dividend of ₹4.00 per share was declared on N/A (Proposed for FY24, ex-dividend date to be announced post AGM).
Finolex Cables Ltd's EPS (TTM) is ₹1.86.
Finolex Cables Ltd is a leading Indian manufacturer of electrical and communication cables, and a diversified player in fast-moving electrical goods (FMEG). It specializes in various types of wires, cables, and also offers electrical accessories like switches, fans, and water heaters, catering to both retail and institutional segments across India.
Finolex Cables Ltd is promoted by Chhabria Group / Finolex Group, holding 35.86% as of 23 Oct 2026.
Finolex Cables Ltd is listed on NSE (FINCABLES) and BSE (500144). Its next quarterly results are expected on July 2024 (for Q1 FY25).