Finolex Cables Ltd
NSE: FINCABLES BSE: 500144
â‚ą1192
+51.90 (4.55%)
Thu, 05 Nov 2026, 11:21 pm
Market Cap (in Cr)17425.14
PE Ratio22.78
Dividend0.79
Producer Manufacturing
Electrical Products
24.5KFinolex Cables Analysis
dividend
- Dividends per share have increased over the past 10 years.
- Dividends paid are well covered by earnings (6.6x coverage).
- Dividends after 3 years are expected to be well covered by earnings (3.8x coverage).
- Dividends per share have been stable in the past 10 years.
- Finolex Cables's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
- Finolex Cables's dividend is below the markets top 25% of dividend payers in India (3.08%).
future
- Performance (ROE) is expected to be above the current IN Electrical industry average.
- Cash flow for Finolex Cables is expected to increase but not above the 50% threshold in 2 years time.
- Finolex Cables's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
- Finolex Cables's earnings are expected to decrease over the next 1-3 years, this is below the India market average.
- Finolex Cables's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 7.2%.
- Finolex Cables's earnings are expected to decrease over the next year.
- Finolex Cables's net income is expected to decrease over the next 2 years.
- Finolex Cables is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
- A decline in Finolex Cables's performance (ROE) is expected over the next 3 years.
- Finolex Cables's revenue is expected to decrease over the next 2 years.
- Finolex Cables's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
- Finolex Cables's revenues are expected to decrease over the next 1-3 years, this is below the India market average.
health
- Finolex Cables is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Finolex Cables is profitable, therefore cash runway is not a concern.
- Finolex Cables is profitable, therefore cash runway is not a concern.
- Debt is well covered by operating cash flow (85959.5%, greater than 20% of total debt).
- Debt is covered by short term assets, assets are 4950.4x debt.
- Finolex Cables's cash and other short term assets cover its long term commitments.
- The level of debt compared to net worth has been reduced over the past 5 years (6.6% vs 0% today).
- Finolex Cables earns more interest than it pays, coverage of interest payments is not a concern.
- Finolex Cables's level of debt (0%) compared to net worth is satisfactory (less than 40%).
- High level of physical assets or inventory.
management
- The tenure for the Finolex Cables management team is about average.
- The average tenure for the Finolex Cables board of directors is less than 3 years, this suggests a new board.
misc
- Finolex Cables is covered by less than 3 analysts.
- Finolex Cables has significant price volatility in the past 3 months.
past
- Finolex Cables's 1-year earnings growth exceeds its 5-year average (16.3% vs 15.3%)
- Finolex Cables's year on year earnings growth rate has been positive over the past 5 years.
- Finolex Cables used its assets more efficiently than the IN Electrical industry average last year based on Return on Assets.
- Finolex Cables's earnings growth has exceeded the IN Electrical industry average in the past year (16.3% vs 11.7%).
- Finolex Cables's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
- Finolex Cables has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
value
- Finolex Cables is good value based on earnings compared to the IN Electrical industry average.
- Finolex Cables is good value based on earnings compared to the India market.
- BSE:500144 is up 17.4% outperforming the Electrical industry which returned 9.3% over the past month.
- BSE:500144 is up 17.4% outperforming the market in India which returned 8% over the past month.
- Finolex Cables's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
- Finolex Cables's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
- Finolex Cables is overvalued based on assets compared to the IN Electrical industry average.
- Finolex Cables earnings are not expected to grow next year, we can't assess if its growth is good value.
- 500144 underperformed the Electrical industry which returned -33.5% over the past year.
- 500144 underperformed the Market in India which returned -14.5% over the past year.
