Finolex Cables Analyst Rating
based on 8 analysts
88.89%
Buy
11.11%
Hold
0.00%
Sell
Based on 8 analysts offering long term price targets for Finolex Cables. An average target of ₹1399.38
Source: S&P Global Market Intelligence
Finolex Cables Share analysis
Finolex Cables price forecast by 8 analysts
Upside of36.11%
High
₹1577
Target
₹1399.38
Low
₹1219
Finolex Cables target price ₹1399.38, a slight upside of 36.11% compared to current price of ₹1028.1. According to 8 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Finolex Cables revenue growth forecast
Expected growth rate Q1, FY2027:44.93%
Forecast
Actual
Including amortisation and stock based compensations
Finolex Cables EPS growth forecast
EPS estimate Q1, FY2027:31.31%
Forecast
Actual
Source: S&P Global Market Intelligence
Finolex Cables Performance
Day's Low
Day's High
₹1,021Day's Price Range₹1,08352 Week's Low
52 Week's High
₹831.2552-Week Price Range₹1,700
| Returns % | |
| 1 Month Return | -15.33 % |
| 3 Month Return | -22.33 % |
| 1 Year Return | -3 % |
| Market Stats | |
| Previous Close | ₹1,031.00 |
| Open | ₹1,030.00 |
| Volume | 5.53L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹15,768.05Cr |
Finolex Cables Key Statistics
| P/E Ratio | 22.5 |
| PEG Ratio | 6.25 |
| Market Cap | ₹15,768.05 Cr |
| P/B Ratio | 3.64 |
| EPS | 42.61 |
| Dividend Yield | 0 |
| Sector | Cables |
| ROE | 14.44 |
Finolex Cables Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹15,768.05 Cr | 29.71% | 0.50 | ₹651 Cr | ₹5,014 Cr | |
| BUY | ₹39,265.91 Cr | 138.68% | 0.53 | ₹580 Cr | ₹8,104 Cr | |
| NA | ₹7,720.48 Cr | 253.58% | 0.65 | -₹51 Cr | ₹1,369 Cr | |
| HOLD | ₹13,002.09 Cr | 16.57% | 0.54 | ₹473 Cr | ₹4,317 Cr | |
| HOLD | ₹38,044.11 Cr | 115.74% | 0.55 | ₹783 Cr | ₹3,830 Cr |
About Finolex Cables
Their top products include PVC insulated cables, power cables, control cables, instrumentation cables, optical fibre cables, and aerial bunched cables. Finolex also has a number of popular brands such as Finolex, Finolex Gold, Finolex Lite, Finolex Star, Finolex Plus and Finolex Fan.
Share Price: ₹1028.10 per share as on 17 Jan, 2025 04:01 PM
Market Capitalisation: ₹15,768.05Cr as of today
Revenue: ₹1,311.72Cr as on September 2024 (Q3 24)
Net Profit: ₹117.89Cr as on September 2024 (Q3 24)
Listing date: 03 Nov, 1994
Chairperson Name: D K Chhabria
| Organisation | Finolex Cables |
| Headquarters | Pune |
| Industry | Cables |
| E-voting on shares | Click here to vote |
Key events for Finolex Cables Ltd
Finolex Cables Launches Innovative FinoUltra Wiring - 15 Jan, 2025
Finolex Cables has launched FinoUltra, a new range of wires utilizing advanced E-Beam technology for enhanced safety, durability, and performance. Designed for modern infrastructure, FinoUltra wires offer superior current capacity, longevity, and resistance to extreme conditions, making them ideal for various applications. The product emphasizes safety and reliability, with negligible smoke emission during fires and pest resistance.
Insights on Finolex Cables Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRetail Holding Up
Retail Investor have increased holdings from 36.09% to 36.90% in Dec 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 35.86% of holdings in Dec 2024 quarter
- NO EFFECT
Against Peers
In the last 3 years, Apar Industries Ltd has given 1184.2% return, outperforming this stock by 1097.3%
- NO EFFECT
Against Peers
In the last 1 year, Apar Industries Ltd has given 91.3% return, outperforming this stock by 98.5%
NEGATIVE IMPACTPrice Dip
In the last 6 months, FINCABLES stock has moved down by -38.2%
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 3 quarters, 1.50K Cr → 1.36K Cr (in ₹), with an average decrease of 4.5% per quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 10.45% to 10.06% in Dec 2024 quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 11.32% to 11.00% in Dec 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 243.92 Cr → 117.89 Cr (in ₹), with an average decrease of 51.7% per quarter
Finolex Cables Financials
Index Inclusions
Finolex Cables Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 35.86% | 0.00 | |
| Foreign Institutions | 11% | ||
| Mutual Funds | 10.06% | ||
| Retail Investors | 36.9% | 2.27 | |
| Others | 6.18% |
Finolex Cables Key Indicators
Finolex Cables Valuation
Finolex Cables in the last 5 years
Lowest (5.84x)
March 24, 2020
Today (22.50x)
January 17, 2025
Industry (60.17x)
January 17, 2025
Highest (38.53x)
June 25, 2024
Finolex Cables Earnings and Dividends
Finolex Cables Ltd Earnings Results
Finolex Cables Ltd’s net profit fell -23.54% since last year same period to ₹117.89Cr in the Q2 2024-2025. On a quarterly growth basis, Finolex Cables Ltd has generated -51.67% fall in its net profits since last 3-months.
Read More about Earnings ResultsFinolex Cables Ltd Dividends May,2024
In the quarter ending March 2024, Finolex Cables Ltd has declared dividend of ₹8 - translating a dividend yield of 1.46%.
Read More about Dividends
Finolex Cables Technicals Summary
Bearish
Neutral
Bullish
Finolex Cables Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Finolex Cables Ltd
Finolex Cables Ltd share price today stands at ₹1028.1, Open. ₹1030 ; Previous Close. ₹1031 ; High. ₹1083 ; Low. ₹1021 ; 52 Week High. ₹1700 ; 52 Week Low: ₹831.25.
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Finolex Cables Ltd is listed on NSE
Finolex Cables Ltd is listed on BSE
- Today’s highest price of Finolex Cables Ltd is ₹1083.
- Today’s lowest price of Finolex Cables Ltd is ₹1021.
PE Ratio of Finolex Cables Ltd is 22.5
PE ratio = Finolex Cables Ltd Market price per share / Finolex Cables Ltd Earnings per share
Today’s traded volume of Finolex Cables Ltd(FINCABLES) is 5.53L.
Today’s market capitalisation of Finolex Cables Ltd(FINCABLES) is ₹15768.05Cr.
| Finolex Cables Ltd(FINCABLES | Price |
|---|---|
52 Week High | ₹1700 |
52 Week Low | ₹831.25 |
Finolex Cables Ltd(FINCABLES) share price is ₹1028.1. It is down -39.52% from its 52 Week High price of ₹1700
Finolex Cables Ltd(FINCABLES) share price is ₹1028.1. It is up 23.68% from its 52 Week Low price of ₹831.25
| Finolex Cables Ltd(FINCABLES | Returns |
|---|---|
1 Day Returns | -2.9% |
1 Month Returns | -15.33% |
3 Month Returns | -22.33% |
1 Year Returns | -3% |