Finolex Cables Ltd
FINCABLESFinolex Cables Ltd
FINCABLES
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 24.46 | 3.46 | 0.72% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 47.66 | 6.65 | 0.57% |
Forecast & Ratings
Detailed Forecast from 10 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Finolex Cables Limited is a manufacturer of electrical and telecommunication cables.
Investor Presentation
View olderPeers
Compare with peersKEI Industries Ltd
Motherson Sumi Wiring India Ltd
R R Kabel Ltd
DCX Systems Ltd
Dynamic Cables Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 2,485.14 | 2,604.92 | 2,968.70 | 3,259.81 | 3,046.39 | 3,068.52 | 4,166.64 | 4,668.84 | 5,335.85 | 5,599.39 | ||||||||||
Raw Materials | 1,734.07 | 1,845.20 | 2,066.09 | 2,337.97 | 2,083.32 | 2,206.15 | 2,887.45 | 3,537.91 | 3,893.34 | 4,636.59 | ||||||||||
| Power & Fuel Cost | 42.42 | 43.48 | 47.47 | 47.98 | 46.40 | 43.52 | 46.36 | 61.29 | 72.56 | |||||||||||
| Employee Cost | 107.22 | 119.19 | 135.46 | 140.70 | 149.53 | 137.87 | 146.08 | 162.67 | 177.31 | |||||||||||
| Selling & Administrative Expenses | 76.51 | 81.61 | 96.68 | 100.57 | 99.45 | 94.16 | 87.30 | 130.65 | 150.04 | |||||||||||
| Operating & Other expenses | 41.76 | -40.56 | 28.62 | -19.10 | 115.18 | -83.77 | 172.45 | 79.23 | 132.93 | |||||||||||
EBITDA | 483.16 | 556.00 | 594.38 | 651.69 | 552.51 | 670.59 | 827.00 | 697.09 | 909.67 | 962.80 | ||||||||||
| Depreciation/Amortization | 57.99 | 48.03 | 43.80 | 40.55 | 38.91 | 38.96 | 38.85 | 46.40 | 43.85 | 44.97 | ||||||||||
| PBIT | 425.17 | 507.97 | 550.58 | 611.14 | 513.60 | 631.63 | 788.15 | 650.69 | 865.82 | 917.83 | ||||||||||
| Interest & Other Items | 8.95 | 4.29 | 1.44 | 0.92 | 1.55 | 0.76 | 1.52 | 1.24 | 2.03 | 2.08 | ||||||||||
| PBT | 416.22 | 503.68 | 549.14 | 610.22 | 512.05 | 630.87 | 786.63 | 649.45 | 863.79 | 915.75 | ||||||||||
| Taxes & Other Items | 87.53 | 103.44 | 219.03 | 202.75 | 121.05 | 169.41 | 187.49 | 145.17 | 212.10 | 216.86 | ||||||||||
| Net Income | 328.69 | 400.24 | 330.11 | 407.47 | 391.00 | 461.46 | 599.14 | 504.28 | 651.69 | 698.89 | ||||||||||
| EPS | 21.49 | 26.17 | 21.58 | 26.64 | 25.57 | 30.17 | 39.18 | 32.97 | 42.61 | 45.70 | ||||||||||
| DPS | 3.00 | 3.00 | 4.00 | 4.50 | 5.50 | 5.50 | 6.00 | 7.00 | 8.00 | 8.00 | ||||||||||
| Payout ratio | 0.14 | 0.11 | 0.19 | 0.17 | 0.22 | 0.18 | 0.15 | 0.21 | 0.19 | 0.18 |
Company Updates
Investor Presentation
Investor Presentation
Peers & Comparison
IndustrialsCables
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Finolex Cables Ltd | 26.24 | 3.46 | 0.72% |
| KEI Industries Ltd | 59.73 | 11.02 | 0.09% |
| Motherson Sumi Wiring India Ltd | 42.57 | 16.21 | 1.30% |
| R R Kabel Ltd | 58.63 | 9.56 | 0.39% |
Price Comparison
Compare FINCABLES with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
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) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
Nippon India Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.0854% | Percentage of the fund’s portfolio invested in the stock 0.58% | Change in the portfolio weight of the stock over the last 3 months -0.16% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 42/232 (-10) |
HSBC Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.3622% | Percentage of the fund’s portfolio invested in the stock 1.38% | Change in the portfolio weight of the stock over the last 3 months -0.35% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 17/109 (-6) |
HSBC Value Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.0816% | Percentage of the fund’s portfolio invested in the stock 1.36% | Change in the portfolio weight of the stock over the last 3 months -0.32% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 32/78 (-8) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividend Cuts
FINCABLES has increased or maintained dividend levels over the last 5 years
Dividend Yield
Current dividend yield is 0.72%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹7.16 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateSep 17, 2024
Dividend/Share
₹8.00
Ex DateEx Date
Sep 17, 2024
Cash Dividend
Ex DateEx DateSep 22, 2023
Dividend/Share
₹7.00
Ex DateEx Date
Sep 22, 2023
Cash Dividend
Ex DateEx DateSep 15, 2022
Dividend/Share
₹6.00
Ex DateEx Date
Sep 15, 2022
Cash Dividend
Ex DateEx DateSep 16, 2021
Dividend/Share
₹5.50
Ex DateEx Date
Sep 16, 2021
Cash Dividend
Ex DateEx DateSep 17, 2020
Dividend/Share
₹5.50
Ex DateEx Date
Sep 17, 2020
Net profit of Finolex Cables declined 23.54% to Rs 117.89 crore in the quarter ended September 2024 as against Rs 154.18 crore during the previous quarter ended September 2023. Sales rose 10.47% to Rs 1311.72 crore in the quarter ended September 2024 as against Rs 1187.44 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1311.721187.44 10 OPM %8.0712.30 - PBDT162.43217.30 -25 PBT150.68206.46 -27 NP117.89154.18 -24 Powered by Capital Market - Live
Finolex Cables announces the cessation of following directors with effect from 03 November 2024 1. Shefali Shyam (DIN- 03294051) as an Additional Director in the category of NonExecutive-Independent Director 2. Satyanarayan Goverdhanlal Bagla (DIN- 00654582) as an Additional Director in the category of Non- Executive-Independent DirectorPowered by Capital Market - Live
Finolex Cables will hold a meeting of the Board of Directors of the Company on 12 November 2024Powered by Capital Market - Live
Finolex Cables announced that the Annual General Meeting (AGM) of the company will be held on 28 September 2024.Powered by Capital Market - Live
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
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
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
Finolex Cables will hold a meeting of the Board of Directors of the Company on 10 August 2024.Powered by Capital Market - Live
Finolex Cables Skyrockets 19% To Hit Record High As Robust Q4 Numbers Impress D-Street - News18
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 10.36%, vs industry avg of 9.14%
Decreasing Market Share
Over the last 5 years, market share decreased from 27.33% to 14.66%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 9.85%, vs industry avg of 12.1%