āagman

Not investment advice. Data and computed figures, for information only.

Finolex Cables Ltd

NSE: FINCABLES
₹1,393.90
−₹52.40 (−3.62%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹21,239 Cr
CMP
₹1,393.90
52-wk High / Low
₹1,499 / 701
P/E
26.5
P/B
3.5
Book Value
₹398.0
Div Yield
0.65%
ROCE
16.0%
ROE
12.3%
Face Value
₹2
D/E
0.00

Price+73.5% over 1Y

āagman read

Computed by āagman
Derived from 11 years and 14 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
5
/ 9
5 of 9 F-score tests passed
Graham Number
₹646
√(22.5 × EPS × book value per share)
ROIC
7.1%
vs 12.3% sector median
Cash flow to profit
0.07
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+238
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
10.2%
ROE × earnings retention ratio
ROE stability
1.3
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII +0.03DII +0.27
Latest quarter vs the previous one
Cash-accrual divergence
10.0%
of assets
Low = accruals track cash flow
Strengths
+Borrowings are down 62.7% since FY2016 (51 to 19)
+Price trades above its 200-day moving average (1.4x)
+Price is within 10% of its 52-week high (-7.0%)
+PE of 26.5x is below the sector median of 43.6x
Watch-outs
−Latest ROCE of 16% trails the sector median of 19%
−Balance-sheet accruals of 10.0% of average assets — earnings are not cash-backed

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,2041,1871,2221,4011,2301,3121,1821,5951,3961,3761,5991,9512,013
Expenses1,0581,0411,0881,2391,1041,2061,0441,4241,2591,2311,4411,7711,769
Operating Profit146146134162127106138171136145158180244
OPM %12.1%12.3%11.0%11.6%10.3%8.1%11.7%10.7%9.7%10.5%9.9%9.2%12.1%
Other Income747275100202576710480767414092
Interest0001000000000
Depreciation10111112111212121414151722
Profit before tax210206198250318151193261203206216303314
Net Profit160154151186244118147192163163164224249
EPS (₹)10.4910.089.8712.1715.957.719.6312.5410.6310.6310.7314.6716.28

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 11 years + TTM
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2,3602,4452,8153,0782,8772,7683,7684,4815,0145,3196,3216,939
Expenses2,0022,0492,3742,6042,4942,3983,3393,9724,4264,7765,7016,211
Operating Profit358396441474384370429509588543620727
OPM %15.2%16.2%15.7%15.4%13.3%13.4%11.4%11.4%11.7%10.2%9.8%10.5%
Other Income125160153178169300398188321428370382
Interest941121212222
Depreciation584844413939394644475967
Profit before tax4165045496105126317876498649229291,040
Net Profit329400330407391461599504652701714800
EPS (₹)21.4926.1721.5826.6425.5730.1739.1832.9742.6145.8246.6752.31

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital3131313131313131313131—
Reserves1,7452,1102,3982,7062,9733,3843,8914,3404,9155,4656,055—
Borrowings5111187914182019—
Other Liabilities272297354417395464563596671771885—
Total Liabilities2,0992,4402,7843,1543,4073,8864,4944,9805,6356,2876,990—
Fixed Assets432415409404387394380435444583848—
CWIP3851027268721168210107—
Investments8811,1591,5231,7671,1211,5712,0142,6103,5843,9864,195—
Other Assets7838578479731,8721,8942,0131,9151,4391,5071,840—
Total Assets2,0992,4402,7843,1543,4073,8864,4944,9805,6356,2876,990—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity33921323615430911447335657720749
Cash from Investing Activity−195−126−134−110587−859−378−225−440−82153
Cash from Financing Activity−64−75−57−75−86−86−87−97−112−128−129
Net Cash Flow811144−30810−83183526−373

Ratios

As of 31 Mar 2026
11 periods
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %—26.024.024.018.020.021.016.019.018.016.0
ROE %——————————12.3
EPS (₹)21.4926.1721.5826.6425.5730.1739.1832.9742.6145.8246.67
Book Value (₹)——————————398.0
Face Value (₹)——————————2
P/E——————————26.5
Div Yield %——————————0.65
NPM %13.215.411.112.512.815.014.410.812.212.210.7
OPM %15.016.016.015.013.013.011.011.012.010.010.0
D/E0.030.000.000.000.000.000.000.000.000.000.00
P/B——————————3.5

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+10.0%
5 years+18.0%
3 years+12.0%
TTM+27.0%
Compounded profit growth
10 years+9.0%
5 years+9.0%
3 years+12.0%
TTM+29.0%
Stock price CAGR
10 years+12.0%
5 years+23.0%
3 years+11.0%
Last year+73.0%
Return on equity
10 years14.0%
5 years14.0%
3 years13.0%
Last year12.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters37.33%37.33%37.33%37.33%35.92%35.92%35.92%35.92%35.92%35.86%35.86%35.86%
FIIs6.43%6.43%6.86%6.71%7.48%8.36%9.36%10.78%11.58%10.57%9.62%9.65%
DIIs19.83%19.83%20.90%20.33%19.20%18.11%15.73%17.03%15.87%16.07%16.44%16.71%
Government————————————
Public36.42%36.42%34.92%35.64%37.41%37.61%39.00%36.28%36.65%37.50%38.10%37.80%
No. of shareholders39,26939,26942,96046,28647,73265,57690,8421,00,1231,28,4401,57,5331,82,4131,83,583
Change since Jun 2023 (pp)
Promoters −1.47FIIs +3.22DIIs −3.12Public +1.38

Documents

As of 11 Oct 2026
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Announcement under Regulation 30 (LODR)-Change in ManagementShareholder Meeting / Postal Ballot-Scrutinizer''s ReportShareholder Meeting / Postal Ballot-Outcome of AGMShareholder Meeting / Postal Ballot-Outcome of AGM
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026TranscriptAug 2026PPTAug 2026RecordingJun 2026TranscriptJun 2026PPTFeb 2026TranscriptFeb 2026PPTNov 2025TranscriptNov 2025PPTNov 2025RecordingAug 2025TranscriptAug 2025PPTAug 2025Recording

Corporate actions

As of 4 Sep 2026
4 Sep 2026DIVIDENDDividend - Rs 9 Per Share—
4 Sep 2025DIVIDENDDividend - Rs 8 Per Share—
17 Sep 2024DIVIDENDDividend - Rs 8 Per Share—
22 Sep 2023DIVIDENDDividend - Rs 7 Per Share—
15 Sep 2022DIVIDENDAnnual General Meeting/Dividend - Rs 6 Per Share—
16 Sep 2021DIVIDEND Annual General Meeting/Dividend - Rs 5.50 Per Share—
17 Sep 2020DIVIDEND Annual General Meeting/Dividend - Rs 5.50 Per Share—
5 Sep 2019DIVIDEND Annual General Meeting/Dividend - Rs 4.50 Per Share—
12 Sep 2018DIVIDEND Annual General Meeting/Dividend- Rs 4 Per Share—
14 Sep 2017DIVIDEND Annual General Meeting/Dividend - Rs 3/- Per Share—
26 Aug 2016DIVIDEND Annual General Meeting/Final Dividend Rs.2/- Per Share And One Time Special Dividend Rs.0.50/- Per Share—
30 Jul 2015DIVIDENDAnnual General Meeting / Dividend - Rs 1.80/- Per Share—
27 Aug 2014DIVIDENDAnnual General Meeting / Dividend Rs.1.60/- Per Equity Share (Book Closure Dates & Agm Dates Revised)—
13 Jun 2013DIVIDENDAnnual General Meeting And Dividend Rs.1.20 Per Share—
26 Jul 2012DIVIDENDAnnual General Meeting And Dividend Re.0.80 Per Share—
21 Jul 2011DIVIDENDAnnual General Meeting And Dividend Re.0.70 Per Share—
15 Jul 2010DIVIDENDAgm/Dividend Rs. 0.60 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman