NSE: FINCABLES | BSE: 500144

Falling Comet

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876.10 90.95 (11.58%)

High volume+gain today

NSE 18 Mar, 2025 3:54 PM (IST)

13,399

Market Cap

High in industry

1.0

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.

Finolex Cables Ltd.

15 Jun 2023

876.10

11.58%

FINOLEX CABLE

Accumulate: Finolex Cables Ltd.

Target

Geojit BNP Paribas

Finolex Cables Ltd. has lost -27.79% in the last 3 Months

Finolex Cables Ltd.

26 May 2023

876.10

11.58%

Finolex Cables

Buy: Finolex Cables Ltd.

Target

Sharekhan

Finolex Cables Ltd. is trading at high volume of 2.7M with price gain of 11.58.

Finolex Cables Ltd.

24 Feb 2023

876.10

11.58%

FINOLEX CABLE

Hold: Finolex Cables Ltd.

Target

Geojit BNP Paribas

Finolex Cables Ltd. is trading below all available SMAs

Finolex Cables Ltd.

13 Feb 2023

876.10

11.58%

Finolex Cables

Buy: Finolex Cables Ltd.

Sharekhan

Finolex Cables Ltd. has lost -38.22% in the last 6 Months

Finolex Cables Ltd.

22 Nov 2022

876.10

11.58%

FINOLEX CABLE

Accumulate: Finolex Cables Ltd.

Target

Geojit BNP Paribas

Finolex Cables Ltd. is trading at high volume of 2.7M with price gain of 11.58.

Finolex Cables Ltd.

24 Nov 2021

876.10

11.58%

FINOLEX CABLE

Accumulate: Finolex Cables Ltd.

Target

Geojit BNP Paribas

Q2FY22 revenue & PAT grew by 45% & 117% YoY, supported by healthy growth across all segments. Gross margin declined by 400bps YoY, but fall in EBITDA margins was limited to 10bps YoY to 12.8%, owing to cost rationalization. Overall, demand scenario improved largely due to pent-up demand,...

Finolex Cables Ltd. has lost -38.22% in the last 6 Months

Finolex Cables Ltd.

20 Aug 2020

876.10

11.58%

Finolex Cables

Buy: Finolex Cables Ltd.

Recommendation Target

Sharekhan

Finolex Cables reported better than expected numbers during Q1FY2021 despite effectively operating for only about a month during the quarter. Its standalone revenues declined by 63% y-o-y to Rs. 377 crore (but was higher than estimate) as factory operations gradually resumed from May 20, 2020, followed by channel partners. OPM contracted by 396 bps y-o-y to 9.2% (much better than estimates) owing to a dip in gross margins (as it doled out the entire 8% target-based incentives versus the normal of 6% to channel partners to support them and strengthen long-term relationships during the quarter). A dip in revenues and OPM led to a 57% y-o-y decline in net profit to Rs....

Finolex Cables Ltd. has lost -27.79% in the last 3 Months

Finolex Cables Ltd.

01 Jul 2020

876.10

11.58%

FINOLEX CABLE

Accumulate: Finolex Cables Ltd.

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. Q4FY20 revenue & EBITDA de-grew by 21% & 31% YoY, but PAT grew by 38% YoY led by higher other income & lower tax....

Finolex Cables Ltd. has lost -38.22% in the last 6 Months

Finolex Cables Ltd.

01 Jul 2020

876.10

11.58%

Finolex Cables

Hold: Finolex Cables Ltd.

Target

Sharekhan

The revenues of Finolex Cables Limited (Finolex) declined by 20.9%y-o-y (inline with estimates) impacted mainly due to COVID-19 related disruptions (sales loss estimated at Rs 200 crore in Q4FY20). The revenue of the electrical cable segment r declined 24% y-o-y, affected by a slowdown in the industrial sectors. The communication cable segment revenue remained largely flat y-o-y, all products (barring LAN & Optic Fiber Cables) declined during the quarter by 25% to 30%. LAN and Optic fiber cable (OFC) segments grew by 40% y-o-y during the quarter, while other segments comprising fans and lightings, among others, increased by more than 20% y-o-y to Rs. 22.7crore on a...

Finolex Cables Ltd. has lost -27.79% in the last 3 Months

Is Finolex Cables Ltd. worth buying?

184 Votes:

Buy 78.8%

Sell 13.04%

Hold 8.15%

RESEARCH REPORTS

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