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Finolex Cables

  • Market Cap: Mid Cap
  • Industry: Cable
  • ISIN: INE235A01022
  • NSEID: FINCABLES
  • BSEID: 500144
INR
879.50
20.45 (2.38%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 1.22 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

1.22 lacs (-32.88%) Volume

Shareholding (Dec 2024)

FII

11.00%

Held by 161 FIIs

DII

16.24%

Held by 24 DIIs

Promoter

35.86%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Operating profit has grown by an annual rate 3.58% of over the last 5 years

 
2

Flat results in Dec 24

3

Stock is technically in a Bearish range

4

Underperformed the market in the last 1 year

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Cable

stock-summary
Market cap

INR 13,451 Cr (Mid Cap)

stock-summary
P/E

19.00

stock-summary
Industry P/E

42

stock-summary
Dividend Yield

0.93%

stock-summary
Debt Equity

-0.49

stock-summary
Return on Equity

13.46%

stock-summary
Price to Book

2.53

Revenue and Profits (1 Year):
Net Sales:
1,182 Cr
(Quarterly Results - Dec 2024)
Net Profit:
147 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.93%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-32.13%
0%
-32.13%
1 Year
-12.06%
0.75%
-11.31%
2 Years
4.35%
1.64%
5.99%
3 Years
112.8%
5.73%
118.53%
4 Years
130.99%
7.21%
138.2%
5 Years
284.06%
16.49%
300.55%

Latest dividend: 8 per share ex-dividend date: Sep-17-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
10.95%
EBIT Growth (5y)
3.58%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.95
Tax Ratio
23.65%
Dividend Payout Ratio
18.78%
Pledged Shares
0
Institutional Holding
27.24%
ROCE (avg)
15.78%
ROE (avg)
13.29%
Valuation key factors
Factor
Value
P/E Ratio
19
Industry P/E
42
Price to Book Value
2.53
EV to EBIT
21.79
EV to EBITDA
19.91
EV to Capital Employed
3.99
EV to Sales
2.07
PEG Ratio
2.22
Dividend Yield
0.93%
ROCE (Latest)
18.21%
ROE (Latest)
13.46%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Non Institution

Pledged Promoter Holdings

None

Mutual Funds

Held by 27 Schemes (10.06%)

FIIs

Held by 161 FIIs (11.0%)

Promoter with highest holding

Orbit Electricals Private Limited (30.7%)

Highest Public shareholder

Finolex Industries Limited (14.51%)

Individual Investors Holdings

17.59%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -3.24% vs 6.20% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -2.47% vs -2.16% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,182.11",
          "val2": "1,221.68",
          "chgp": "-3.24%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "137.74",
          "val2": "133.70",
          "chgp": "3.02%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.39",
          "val2": "0.42",
          "chgp": "-7.14%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "147.25",
          "val2": "150.98",
          "chgp": "-2.47%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "11.65%",
          "val2": "10.94%",
          "chgp": "0.71%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 6.29% vs 13.54% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 15.00% vs 79.81% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,542.20",
          "val2": "2,391.69",
          "chgp": "6.29%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "232.70",
          "val2": "292.60",
          "chgp": "-20.47%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.78",
          "val2": "0.73",
          "chgp": "6.85%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "361.81",
          "val2": "314.61",
          "chgp": "15.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "9.15%",
          "val2": "12.23%",
          "chgp": "-3.08%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 3.07% vs 10.95% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 9.34% vs 41.40% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "3,724.31",
          "val2": "3,613.37",
          "chgp": "3.07%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "370.44",
          "val2": "426.30",
          "chgp": "-13.10%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.17",
          "val2": "1.15",
          "chgp": "1.74%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "509.06",
          "val2": "465.59",
          "chgp": "9.34%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "9.95%",
          "val2": "11.80%",
          "chgp": "-1.85%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 11.90% vs 18.92% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 29.23% vs -15.83% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "5,014.39",
          "val2": "4,481.11",
          "chgp": "11.90%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "588.21",
          "val2": "509.36",
          "chgp": "15.48%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "2.03",
          "val2": "1.24",
          "chgp": "63.71%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "651.69",
          "val2": "504.28",
          "chgp": "29.23%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "11.73%",
          "val2": "11.37%",
          "chgp": "0.36%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
1,182.11
1,221.68
-3.24%
Operating Profit (PBDIT) excl Other Income
137.74
133.70
3.02%
Interest
0.39
0.42
-7.14%
Exceptional Items
0.00
0.00
Consolidate Net Profit
147.25
150.98
-2.47%
Operating Profit Margin (Excl OI)
11.65%
10.94%
0.71%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is -3.24% vs 6.20% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Dec 2024 is -2.47% vs -2.16% in Dec 2023

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
2,542.20
2,391.69
6.29%
Operating Profit (PBDIT) excl Other Income
232.70
292.60
-20.47%
Interest
0.78
0.73
6.85%
Exceptional Items
0.00
0.00
Consolidate Net Profit
361.81
314.61
15.00%
Operating Profit Margin (Excl OI)
9.15%
12.23%
-3.08%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 6.29% vs 13.54% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 15.00% vs 79.81% in Sep 2023

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
3,724.31
3,613.37
3.07%
Operating Profit (PBDIT) excl Other Income
370.44
426.30
-13.10%
Interest
1.17
1.15
1.74%
Exceptional Items
0.00
0.00
Consolidate Net Profit
509.06
465.59
9.34%
Operating Profit Margin (Excl OI)
9.95%
11.80%
-1.85%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 3.07% vs 10.95% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 9.34% vs 41.40% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
5,014.39
4,481.11
11.90%
Operating Profit (PBDIT) excl Other Income
588.21
509.36
15.48%
Interest
2.03
1.24
63.71%
Exceptional Items
0.00
0.00
Consolidate Net Profit
651.69
504.28
29.23%
Operating Profit Margin (Excl OI)
11.73%
11.37%
0.36%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 11.90% vs 18.92% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 29.23% vs -15.83% in Mar 2023

stock-summaryCompany CV
About Finolex Cables Ltd. stock-summary
stock-summary
Finolex Cables Ltd.
Mid Cap
Cable
Finolex Cables Limited (FCL) was established in 1958 and has emerged as India's largest and leading manufacturer of electrical and telecommunication cables. The Company is principally engaged in the manufacturing of of Electricals Cables, Communication Cables & Other Electrical Appliances. Its manufacturing facilities are located at Panjim in Goa, Pune in Maharashtra and Roorkee in Uttarakhand.
Company Coordinates stock-summary
Company Details
26/27 Mumbai - Pune Road, Pimpri Pune Maharashtra : 411018
stock-summary
Tel: 91-20-27506200(15 lines)/27475963
stock-summary
investors@finolex.com
Registrar Details
Karvy Computershare Pvt Ltd., Karvy Selenium, Tower-B Plot No 31 & 32, Survey No 116/22, 115/24, 115/25, Financial District, Nanakramguda, Serilingampally, Mandal Ranga Reddy Dist, Hyderabad