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Finolex Cables Ltd

FINCABLES

Finolex Cables Ltd

FINCABLES
IndustrialsCables
SmallcapWith a market cap of ₹18,707 cr, stock is ranked 365
High RiskStock is 3.03x as volatile as Nifty
1,245.601.81% (+22.10)
1,245.601.81% (+22.10)

Price Chart

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IndustrialsCables
SmallcapWith a market cap of ₹18,707 cr, stock is ranked 365
High RiskStock is 3.03x as volatile as Nifty
Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

IndustrialsCables
SmallcapWith a market cap of ₹18,707 cr, stock is ranked 365
High RiskStock is 3.03x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
25.453.780.65%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
49.426.920.55%

Forecast & Ratings

Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 10 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Finolex Cables Limited is a manufacturer of electrical and telecommunication cables.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 10.36%, vs industry avg of 9.14%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 27.33% to 14.66%

Lower than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 9.85%, vs industry avg of 12.1%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue2,485.142,604.922,968.703,259.813,046.393,068.524,166.644,668.845,335.855,489.82
Raw Materialssubtract1,734.071,845.202,066.092,337.972,083.322,206.152,887.453,537.913,893.344,472.09
Power & Fuel Costsubtract42.4243.4847.4747.9846.4043.5246.3661.2972.56
Employee Costsubtract107.22119.19135.46140.70149.53137.87146.08162.67177.31
Selling & Administrative Expensessubtract76.5181.6196.68100.5799.4594.1687.30130.65150.04
Operating & Other expensessubtract41.76-40.5628.62-19.10115.18-83.77172.4579.23132.93
Depreciation/Amortizationsubtract57.9948.0343.8040.5538.9138.9638.8546.4043.8544.06
Interest & Other Itemssubtract8.954.291.440.921.550.761.521.242.032.14
Taxes & Other Itemssubtract87.53103.44219.03202.75121.05169.41187.49145.17212.10236.35
EPS21.4926.1721.5826.6425.5730.1739.1832.9742.6148.07
DPS3.003.004.004.505.505.506.007.008.007.00
Payout ratio0.140.110.190.170.220.180.150.210.190.15

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2020

Annual Report Unavailable

Investor Presentation

Feb 17PDF
FY 2021

Annual report

PDF

Investor Presentation

Feb 17PDF
Nov 19PDF
FY 2022

Annual report

PDF

Investor Presentation

Jun 4PDF
FY 2023

Annual report

PDF

Investor Presentation

May 27PDF
Feb 13PDF
Nov 11PDF
FY 2024

Annual report

PDF

Investor Presentation

Aug 16PDF
 

Peers & Comparison

Comparing 3 stocks from 
IndustrialsCables

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Finolex Cables Ltd28.713.780.65%
KEI Industries Ltd62.9811.620.09%
Motherson Sumi Wiring India Ltd43.4916.551.27%
R R Kabel Ltd57.129.310.40%

Price Comparison

Compare FINCABLES with any stock or ETF
Compare FINCABLES with any stock or ETF
FINCABLES
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding35.86%10.45%6.28%11.32%36.09%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep11.26%11.77%11.07%11.56%11.65%11.32%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Finolex Cables Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Nippon India Small Cap Fund - Growth - Direct Plan

Growth
2.2003%0.66%-0.14%43/238 (-20)
HSBC Small Cap Fund - Growth - Direct Plan

Growth
1.4105%1.55%-0.26%12/111 (-3)
HSBC Value Fund - Growth - Direct Plan

Growth
1.1209%1.51%-0.25%26/76 (-6)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Dividend Cuts

Dividends are the portion of earnings that a company distributes to all its shareholders every year

FINCABLES has increased or maintained dividend levels over the last 5 years

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.65%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹6.54 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateSep 17, 2024

Final
Final | Div/Share: ₹8.00

Dividend/Share

₹8.00

Ex DateEx Date

Sep 17, 2024

Cash Dividend

Ex DateEx DateSep 22, 2023

Final
Final | Div/Share: ₹7.00

Dividend/Share

₹7.00

Ex DateEx Date

Sep 22, 2023

Cash Dividend

Ex DateEx DateSep 15, 2022

Final
Final | Div/Share: ₹6.00

Dividend/Share

₹6.00

Ex DateEx Date

Sep 15, 2022

Cash Dividend

Ex DateEx DateSep 16, 2021

Final
Final | Div/Share: ₹5.50

Dividend/Share

₹5.50

Ex DateEx Date

Sep 16, 2021

Cash Dividend

Ex DateEx DateSep 17, 2020

Final
Final | Div/Share: ₹5.50

Dividend/Share

₹5.50

Ex DateEx Date

Sep 17, 2020

News & Opinions
Corporate
Finolex Cables to conduct board meeting

Finolex Cables will hold a meeting of the Board of Directors of the Company on 12 November 2024Powered by Capital Market - Live

3 days agoCapital Market - Live
Corporate
Finolex Cables to hold AGM

Finolex Cables announced that the Annual General Meeting (AGM) of the company will be held on 28 September 2024.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Finolex Cable fixes record date for dividend

Finolex Cable has fixed 18 September 2024 as record date for dividend for FY 2024. The dividend will be paid on or before 27 October 2024. Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Finolex Cables board approves change in chairman

Finolex Cables announced at the board meeting of the company held on 04 September 2024, Nikhil Naik stepped down as Chairman of the Board and the Board appointed Ratnakar Barve as Chairman in his placePowered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
Finolex Cables consolidated net profit rises 52.04% in the June 2024 quarter

Net profit of Finolex Cables rose 52.04% to Rs 243.92 crore in the quarter ended June 2024 as against Rs 160.43 crore during the previous quarter ended June 2023. Sales rose 2.18% to Rs 1230.48 crore in the quarter ended June 2024 as against Rs 1204.25 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales1230.481204.25 2 OPM %10.3112.17 - PBDT328.46220.51 49 PBT317.75210.01 51 NP243.92160.43 52 Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Finolex Cables schedules board meeting

Finolex Cables will hold a meeting of the Board of Directors of the Company on 10 August 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live
D-Street Chatter: What's Buzzing At The Dealers' Desk? | CNBC TV18
5 months agoCNBC-TV18

Finolex Cables Skyrockets 19% To Hit Record High As Robust Q4 Numbers Impress D-Street - News18

5 months agoNews18
SC Pardons NCLAT Members In Finolex Cables Case | India Business Hour | CNBC TV18
1 year agoCNBC-TV18

Buy Finolex Cables; target of Rs 1250: Sharekhan

1 year agoMoneycontrol