Finolex Cables share price
NSE: FINCABLESBSE: 500144Industrial ProductsSmall Cap
Share price at the NSE close on 30 Oct 2026. Previous close ₹1,165.50.
30 Oct: open ₹1,163.50, high ₹1,164.30, low ₹1,135.00
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹17,435 Cr457th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 21.79
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹186 crore of one-off items, the largest of them in the quarter to Mar 2026.
- 28.40
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 2.86
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.79%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 13.8%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹186 crore of one-off items, the largest of them in the quarter to Mar 2026.
- 10.6%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 10.8%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day. Volume in the glossary
- 3,01,523
About Finolex Cables
Finolex Cables Limited is a Pune-based maker of electrical and communication cables, with a growing range of consumer electrical goods.1 It supplies builders and contractors, equipment makers, telecom operators and government bodies, and reaches households through dealers and distributors across India.2
Its product names include FinoGreen, a range of halogen-free, flame-retardant cables, and the FinoUltra and FlameGard wire and cable lines.34 The company makes its own compounds, copper rods and glass fibres, the raw materials for its cables.5 It sells through over 800 distributors, around 5,000 channel partners and over 2,15,000 retailers, supplied from 26 depots across 28 states and 8 union territories.67
Finolex Cables traces its start to 1958, was incorporated in 1967 and has been listed on the stock exchanges since October 1983.8910 Mahesh Viswanathan, earlier its chief financial officer, has been chief executive since 1 June 2026.9
It holds 49% of Finolex J-Power Systems, an extra high voltage cable joint venture in which Sumitomo Corporation holds the other 51%, and 32.39% of Finolex Industries, an associate company (one in which it holds a large minority stake).1112 It has no subsidiaries.13
Finolex Cables key points
Results
- In the quarter to Jun 2026, revenue from operations rose 44% to ₹2,013 crore from ₹1,396 crore, partly from passing on higher copper prices and partly from higher volumes.1415
- Standalone profit after tax (the company alone, without its share of its associate's and joint venture's profits) was ₹221 crore in the quarter to Jun 2026, up 59% from a year earlier.16
- In the year to Mar 2026, revenue from operations grew 19% to ₹6,321 crore and standalone profit after tax grew 14% to ₹623 crore.17
- Consolidated EBITDA (operating profit before interest, tax, depreciation and amortisation, excluding other income) was ₹620 crore in the year to Mar 2026, against ₹541 crore a year earlier.18
Market position
- In its presentation of 13 Aug 2026, the company put its share of India's organised wire industry at 23.9%.19
- The company says it is only the second Indian maker of optic fibre preform, the glass rod from which optical fibre is drawn.20
- The company says it was the first in India to make auto cables and multistrand wires (wires twisted from many fine strands), and to launch FRLS (flame-retardant, low-smoke) wires and cables.21
Business segments
- Electrical cables, close to 87% of revenue in the year to Mar 2026. Wires for construction, agriculture, automobiles, industry and solar, plus power and control cables. Electrical cables revenue rose about 47% to ₹1,767 crore in the quarter to Jun 2026, from ₹1,206 crore a year earlier.222324
- Communication cables. Optic fibre, CCTV, CAT6 LAN, speaker, RG6 coaxial and telephone cables. Communication cables revenue rose about 62% to ₹176 crore in the quarter to Jun 2026, from ₹109 crore, with margins close to 30%, a measure the company did not name.2225
- Copper rods. Copper rods revenue was ₹8 crore in the quarter to Jun 2026, against ₹403 crore a year earlier, as restricted LPG supply kept the rod plant shut.26
- Others. Fans, lighting, switches, switchgear, water heaters, conduits and fittings, and accessories. The Others segment's revenue rose 2.12% to ₹261.5 crore in the year to Mar 2026.2227
Where revenue comes from
- Exports were about ₹50 crore in the quarter to Jun 2026, almost the entire value of the previous year's exports, the company said.28
- In the quarter to Jun 2026 the company exported both optical fibre and fibre cables, mainly to the US and Europe.2930
- In the year to Mar 2026, export earnings were ₹55.01 crore, about 1% of turnover; the company supplies 14 international markets, with electrical cable customers in the Middle East, Africa, Southeast Asia and the SAARC region (India's South Asian neighbours).313233
Plants and capacity
- The company has 5 plants: Urse and Pimpri in Pune, Verna and Ponda in Goa, and Roorkee in Uttarakhand, with Ponda making copper rods.3435
- Phase 1 of its optic fibre preform plant has been commissioned, taking preform capacity to about 100 tonnes, equal to about 4 million km of fibre; as of its earnings call of 13 Aug 2026, production had started and was being stabilised.3637
- On its earnings call of 13 Aug 2026, the company said it would lift fibre draw (fibre-making) capacity from 4 million to 8 million km by September 2026, and cabling capacity from 8 million to 10 million km; its documents give no outcome.3738
- As of its annual report for the year to Mar 2026, its E-beam solar cable line (curing insulation with an electron beam for heat resistance) ran near full capacity, and a second line had been ordered, doubling solar cable capacity.39
Joint venture
- Finolex J-Power Systems makes extra high voltage cables rated up to 500kV, with most demand for 66kV and 110kV cables from transmission utilities; it turned profitable in the year to Mar 2026.12
- In the quarter to Jun 2026, Finolex J-Power Systems had revenue of about ₹87 crore and profit of about ₹7 crore, the company said.40
What the company expects
- On its earnings call of 13 Aug 2026, the company said communication cables margins gained from fibre bought earlier at lower cost, and it believed they would probably be in the low double digits by the end of the year, provided demand holds.3741
- On its earnings call of 13 Aug 2026, the company said electrical cables margins of about 10.5%, a measure it did not name, should be sustainable.42
- In its presentation of 13 Aug 2026, the company said greenfield (new site) planning for power cables would begin once utilisation crosses 70%.43
Last updated
All 43 sources, each with its page
- 1. Annual report, 5 Sep 2026, page 42
- 2. Annual report, 5 Sep 2026, page 93
- 3. Annual report, 5 Sep 2026, page 22
- 4. Annual report, 5 Sep 2026, page 13
- 5. Annual report, 5 Sep 2026, page 9
- 6. Annual report, 5 Sep 2026, page 23
- 7. Investor presentation, 13 Aug 2026, page 12
- 8. Annual report, 5 Sep 2026, page 8
- 9. Annual report, 5 Sep 2026, page 30
- 10. Investor presentation, 13 Aug 2026, page 15
- 11. Annual report, 5 Sep 2026, page 95
- 12. Annual report, 5 Sep 2026, page 20
- 13. Annual report, 5 Sep 2026, page 34
- 14. Investor presentation, 13 Aug 2026, page 4
- 15. Earnings call, 13 Aug 2026, page 4
- 16. Investor presentation, 13 Aug 2026, page 4
- 17. Annual report, 5 Sep 2026, page 15
- 18. Investor presentation, 13 Aug 2026, page 19
- 19. Investor presentation, 13 Aug 2026, page 15
- 20. Investor presentation, 13 Aug 2026, page 12
- 21. Annual report, 5 Sep 2026, page 10
- 22. Annual report, 5 Sep 2026, page 42
- 23. Earnings call, 13 Aug 2026, page 5
- 24. Annual report, 5 Sep 2026, page 42
- 25. Earnings call, 13 Aug 2026, page 5
- 26. Earnings call, 13 Aug 2026, page 5
- 27. Annual report, 5 Sep 2026, page 44
- 28. Earnings call, 13 Aug 2026, page 4
- 29. Earnings call, 13 Aug 2026, page 7
- 30. Earnings call, 13 Aug 2026, page 16
- 31. Annual report, 5 Sep 2026, page 80
- 32. Annual report, 5 Sep 2026, page 93
- 33. Annual report, 5 Sep 2026, page 20
- 34. Annual report, 5 Sep 2026, page 8
- 35. Investor presentation, 13 Aug 2026, page 16
- 36. Annual report, 5 Sep 2026, page 16
- 37. Earnings call, 13 Aug 2026, page 4
- 38. Earnings call, 13 Aug 2026, page 15
- 39. Annual report, 5 Sep 2026, page 21
- 40. Earnings call, 13 Aug 2026, page 4
- 41. Earnings call, 13 Aug 2026, page 6
- 42. Earnings call, 13 Aug 2026, page 6
- 43. Investor presentation, 13 Aug 2026, page 12
Results
Consolidated; ₹ crore.Finolex Cables quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +26.5%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +29.2%
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹2,013 Crup 3.18%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹249 Crup 10.97%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 12.4%
Revenue by quarter
Net profit by quarter, a loss in red
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,312 | 1,182 | 1,595 | 1,396 | 1,376 | 1,599 | 1,951 | 2,013 |
| Net profit | 118 | 147 | 192 | 163 | 163 | 164 | 224 | 249 |
| Net margin | 9.0% | 12.5% | 12.0% | 11.7% | 11.8% | 10.3% | 11.5% | 12.4% |
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹6,321 Crup 18.84%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹714 Crup 1.85%
- Net margin
- 11.3%
Revenue by year
Net profit by year, a loss in red
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,671 | 2,884what Revenue, Mar 2018, includes. This period's revenue includes excise duty of ₹69 crore, a tax on the goods the company makes that it collects and pays to the government. | 3,078 | 2,877 | 2,768 | 3,768 | 4,481 | 5,014 | 5,319 | 6,321 |
| Net profit | 400 | 330 | 407 | 391 | 461 | 599 | 504 | 652 | 701 | 714 |
| Net margin | 15.0% | 11.4% | 13.2% | 13.6% | 16.7% | 15.9% | 11.3% | 13.0% | 13.2% | 11.3% |
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Electrical cablesElectrical cables, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹5,490 Crup 22.03%65.4%
- Copper rodsCopper rods, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹2,143 Crup 27.22%25.5%
- Communication cablesCommunication cables, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹500 Crdown 1.45%6.0%
- OthersOthers, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹262 Cr3.1%
Valuation
Today, against the company's own history.Finolex Cables PE ratio and valuation
At or below today's level on 76% of 2,479 trading days over the last 10 years.
At or below today's level on 69% of 1,971 trading days since Nov 2018.
At or below today's level on 40% of 2,453 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −13.8% | +1.9% | −16.5% | 1.2% |
| 3 years | −0.6% | +12.3% | −12.3% | 0.9% |
| 5 years | +16.4% | +9.1% | +5.7% | 1.1% |
Mutual fund holdings
88 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 57 of the 58 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.All 88 funds holding Finolex Cables
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 12
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 1
- AddedAdded. Funds that held more shares than at the end of the month before.
- 25
- CutCut. Funds that held fewer shares than at the end of the month before.
- 33
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 16
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 2
| Fund | |||
|---|---|---|---|
| 30,40,235 | 0.54% | ₹440.9 Cr | |
| 29,99,604 | 2.97% | ₹435.0 Cr | |
| 21,26,868 | 1.67% | ₹308.5 Cr | |
| 19,62,941 | 2.97% | ₹284.7 Cr | |
| 15,96,602 | 2.24% | ₹231.6 Cr | |
| 11,72,142 | 1.19% | ₹170.0 Cr | |
| 9,00,700 | 0.99% | ₹130.6 Cr | |
| 6,95,034 | 1.58% | ₹100.8 Cr | |
| 5,22,884 | 0.82% | ₹75.8 Cr | |
| 5,15,151 | 0.53% | ₹74.7 Cr |
Promoter and insider buying and selling
Trades made since 30 Oct 2025.Finolex Cables insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Others: no market trade
Finolex Cables competitors and peers
Cables - Electricals, 24 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Finolex Cables in market cap.Capital goods stocks
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| 1,16,714 | 36.98 | 8.91 | +40.7% | +28.2% | 26.6% | 32.0% | 0.61% | |
| 36,623 | 34.69 | 5.08 | +25.2% | +33.5% | 15.8% | 18.2% | 0.12% | |
| 24,011 | 35.73 | 7.90 | +45.4% | +66.4% | 25.0% | 26.3% | 0.45% | |
| 4,672 | 46.70 | 16.14 | – | – | 41.8% | – | 0.00% | |
| 4,560 | 22.76 | 2.41 | +33.6% | +71.7% | 10.9% | 8.2% | 0.34% | |
| 2,941 | – | – | – | – | – | – | 0.00% | |
| 2,732 | – | – | – | – | – | – | 0.00% | |
| 2,161 | 30.04 | 2.35 | +19.5% | −1.6% | 8.6% | 9.9% | 0.00% |
Dividends
Per share, by the year it was paid for, and the latest payments.Finolex Cables dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 4 Sep 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹9.00 |
| 4 Sep 2025 | Final | ₹8.00 |
| 17 Sep 2024 | Final | ₹8.00 |
| 22 Sep 2023 | Final | ₹7.00 |
| 15 Sep 2022 | Final | ₹6.00 |
| 16 Sep 2021 | Final | ₹5.50 |
Latest announcements
Routine notices left out.Finolex Cables announcements
Oct 2026
1 Oct · Management
Sep 2026
28 Sep
28 Sep · Meeting
4 Sep · Analysts
Finolex Cables share price by year
Each calendar year to 2025.Finolex Cables share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 749.70 | −36.6% | 1,177.10 | 717.20 |
| 2024 | 1,182.00 | +10.6% | 1,666.50 | 838.80 |
| 2023 | 1,069.15 | +95.5% | 1,195.55 | 530.30 |
| 2022 | 547.00 | +3.6% | 586.70 | 348.00 |
| 2021 | 528.10 | +53.2% | 600.00 | 348.50 |
| 2020 | 344.65 | −7.1% | 421.30 | 172.10 |
| 2019 | 371.10 | −18.3% | 498.90 | 349.95 |
| 2018 | 454.20 | −35.8% | 743.70 | 449.30 |
| 2017 | 707.50 | +71.0% | 714.05 | 404.40 |
| 2016 | 413.65 | +63.5% | 449.65 | 209.85 |
Recent sessions
The 9 trading days to 29 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 29 Oct 2026 | 1,146.00 | 1,179.60 | 1,145.00 | 1,165.50 | 1,165.91 | 3,62,955 | 41.5% |
| 28 Oct 2026 | 1,160.00 | 1,180.00 | 1,142.40 | 1,149.70 | 1,154.54 | 2,29,140 | 34.6% |
| 27 Oct 2026 | 1,146.50 | 1,180.00 | 1,140.00 | 1,164.40 | 1,162.72 | 4,89,544 | 40.9% |
| 26 Oct 2026 | 1,080.00 | 1,150.00 | 1,062.00 | 1,144.70 | 1,120.43 | 10,29,329 | 35.0% |
| 23 Oct 2026 | 1,150.00 | 1,150.00 | 1,052.60 | 1,090.30 | 1,080.24 | 12,74,976 | 39.2% |
| 22 Oct 2026 | 1,200.00 | 1,200.00 | 1,117.00 | 1,139.90 | 1,139.74 | 17,14,557 | 44.2% |
| 21 Oct 2026 | 1,290.00 | 1,295.60 | 1,195.00 | 1,202.40 | 1,223.31 | 9,69,181 | 51.9% |
| 19 Oct 2026 | 1,360.00 | 1,360.80 | 1,268.10 | 1,282.50 | 1,286.70 | 12,25,139 | 42.5% |
| 16 Oct 2026 | 1,399.00 | 1,417.40 | 1,364.30 | 1,367.70 | 1,389.31 | 2,69,106 | 42.7% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 8 Jan 2007 | Split | 0.2000 | Each share became 5. |
Company details
- NSE symbol
- FINCABLES
- BSE code
- 500144
- ISIN
- INE235A01022
- Industry
- Industrial Products
- Website
- www.finolex.com
- CIN
- L31300MH1967PLC016531
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1967
- Registered office
- 26-27 Mumbai-Pune Road Pimpri, 411018, Maharashtra
- Share registrar
- KFin Technologies Ltd
- Keeps the register of shareholders and handles transfers and dividend payments