NSE: FINCABLES | BSE: 500144

Strong Performer, Getting Expensive

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1402.20 -81.30 (-5.48%)

New 52W High today

800.4K NSE+BSE Volume

NSE 08 Oct, 2026 3:31 PM (IST)

21,445.1

Market Cap

High in industry

Beta 1Year

Average volatility

Finolex Cables Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for FINCABLES, BSE:500144 Finolex Cables Ltd.

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Finolex Cables Ltd.

18 Mar 2026

1402.20

-5.48%

FINOLEX CABLE

Accumulate: Finolex Cables Ltd.

Recommendation Target

Geojit BNP Paribas

Going forward, demand visibility remains healthy, supported by continued momentum in the real estate sector and sustained government capex. Capacity utilization across solar, auto, and power cables is currently around 80%, while a ramp-up in construction wire utilization is expected to drive additional operating leverage....

Finolex Cables Ltd. has an average target of 991.50 from 2 brokers.

Finolex Cables Ltd.

24 Nov 2025

1402.20

-5.48%

Mixed performance, steady recovery likely in H2; maintaining a BUY

Buy: Finolex Cables Ltd.

Target

Anand Rathi

Finolex Cables delivered a decent performance in Q2 FY26. Despite a modest top-line expansion, its EBITDA and PAT saw strong growth, aided by healthy industrial and solar cable demand.

Finolex Cables Ltd. is trading above all available SMAs

Finolex Cables Ltd.

08 Oct 2025, 12:00AM

1402.20

-5.48%

FINOLEX CABLE

Buy: Finolex Cables Ltd.

Recommendation Target

Geojit BNP Paribas

Finolex Cables Ltd. (FCL) is India's largest manufacturer of electrical (80% of revenue) and telecommunication cables (16%). FCL has a wide distribution network with a high brand recall. In Q1FY26, revenue grew 13% YoY, driven by a 16% YoY increase in electric wire volumes. However, the communication cables segment declined 7% YoY due to client-side contract delays. EBITDA declined 9% YoY, with margins contracting by 40 bps YoY to 9.4%,...

Finolex Cables Ltd. is trading above all available SMAs

Finolex Cables Ltd.

18 Aug 2025

1402.20

-5.48%

Margins to recover on better product mix; retaining a Buy

Buy: Finolex Cables Ltd.

Target

Anand Rathi

Finolex Cables delivered steady ~13.4%y/y Q1 revenue growth led by electrical volumes up 16% y/y, though margins were pressured by a weaker mix with higher project sales and subdued agri-wire demand.

Finolex Cables has gained 33.80% in the last 3 Months

Finolex Cables Ltd.

04 Jun 2025

1402.20

-5.48%

Healthy outlook; Maintain Buy

Buy: Finolex Cables Ltd.

Target

Sharekhan

For Q4FY2025, Finolex reported lower-than-estimated performance on the revenue front. Revenue grew by 13.8% y-o-y to Rs. 1,595 crore.

Finolex Cables has gained 73.00% in the last 6 Months

Finolex Cables Ltd.

04 Jun 2025

1402.20

-5.48%

Healthy outlook; Maintain Buy

Buy: Finolex Cables Ltd.

Target

Sharekhan

For Q4FY2025, Finolex reported lower-than-estimated performance on the revenue front. Revenue grew by 13.8% y-o-y to Rs. 1,595 crore.

Finolex Cables has gained 71.25% in the last 1 Year

Finolex Cables Ltd.

03 Dec 2024

1402.20

-5.48%

FINOLEX CABLE

Accumulate: Finolex Cables Ltd.

Recommendation Target

Geojit BNP Paribas

Finolex Cables has gained 33.80% in the last 3 Months

Finolex Cables Ltd.

21 Nov 2024

1402.20

-5.48%

Commodity prices impacted Q2

Buy: Finolex Cables Ltd.

Target

Sharekhan

Q2 numbers were a mixed bag with revenues rising 10.5%, but OPM declining to 8.1% from 12.3%. The margins were impacted by lower and volatile copper prices, high-cost inventory and channel destocking.

Finolex Cables has gained 73.00% in the last 6 Months

Finolex Cables Ltd.

17 Nov 2024

1402.20

-5.48%

Volatility in copper prices dented margins; retaining a Buy

Buy: Finolex Cables Ltd.

Anand Rathi

Continuous decline in copper prices from end-May till Aug, leftover highcost Q1 inventory and destocking impacted Finolex Cables’ Q2. Multiple price cuts during Q2 dented margins.

Finolex Cables Ltd. has an average target of 991.50 from 2 brokers.

Finolex Cables Ltd.

19 Aug 2024

1402.20

-5.48%

Short-term headwinds. Long-term growth prospects intact

Buy: Finolex Cables Ltd.

Target

Sharekhan

Finolex Cables’ (FNXC) performance was flat, with revenue growth of 2.2% and Operating profit decline by 13%. Q1 was a soft quarter impacted by a fall in copper prices and the elections period.

Finolex Cables Ltd. has an average target of 991.50 from 2 brokers.

Is Finolex Cables Ltd. worth buying?

234 Votes:

Buy 79.49%

Sell 12.39%

Hold 8.12%

RESEARCH REPORTS

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