NSE: FINCABLES | BSE: 500144

Falling Comet

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876.10 90.95 (11.58%)

High volume+gain today

NSE 18 Mar, 2025 3:31 PM (IST)

13,399

Market Cap

High in industry

1.1

Beta 1Year

High 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.

20 Nov 2019

876.10

11.58%

Finolex Cables

Hold: Finolex Cables Ltd.

Target

Sharekhan

Finolex Cables Limited (Finolex) reported weak results for Q2FY2020. Revenue remained flat y-o-y (4% below our estimates) due to lower offtake from the automobile, industrial and communication sectors. The electrical cable segment's revenue increased by 4.6% y-o-y, affected by slowdown in the automobile and industrial sectors, while electrical wires and agri applications witnessed healthy volume growth. The communication cable segment continued to disappoint with revenue declining by 17.9% y-o-y, wherein optic fibre cable (OFC) volumes were impacted by slowdown in...

Finolex Cables Ltd. has an average target of 1410.33 from 3 brokers.

Finolex Cables Ltd.

21 Aug 2019

876.10

11.58%

Finolex Cables

Hold: Finolex Cables Ltd.

Target

Sharekhan

Finolex reported weak results wherein revenues grew by merely 2.1% (6% below our estimates) due to lower volume growth of 3% y-o-y in electrical wires hit by subdued construction activity and deceleration in OFC in communication segment. EBITDA declined 18% on higher other expenses including higher promotional expenses in its fast moving electronic goods (FMEG) segment leading to contraction of 328 bps y-o-y in EBIDTA margin to 13.1%. However, due to lower ETR (31% v/s 35% in Q1FY19) the decline in PAT was restricted to 10% y-o-y to Rs...

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

Finolex Cables Ltd.

30 May 2019

876.10

11.58%

Finolex Cables

Hold: Finolex Cables Ltd.

Target

Sharekhan

(up 3.4% y-o-y), led by a marginal growth in electrical cable segment (up 6% y-o-y, over 80% of revenue) and new products (lup 10.4% y-o-y with less than 5% share) and decline in communication cable segment's revenue (down 15.4% y-o-y). Volumes in the electrical cables business grew by 18% y-o-y, while power cable volumes fell marginally. The communication...

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

Finolex Cables Ltd.

28 Mar 2019

876.10

11.58%

Finolex Cables

Hold: Finolex Cables Ltd.

Sharekhan

Limited (FCL) is expected to witness further delay in tendering of orders in the Bharat Net phase II and the time-frame for tendering these orders is still not clear. Going ahead, the impending elections will further slow the tendering process. In the consumer durables segment, demand pick-up is still slow and management's earlier target of Rs. 100 crore...

Finolex Cables Ltd. has an average target of 1410.33 from 3 brokers.

Finolex Cables Ltd.

21 Feb 2019

876.10

11.58%

FINOLEX CABLE

Accumulate: 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....

Finolex Cables Ltd. is trading below all available SMAs

Finolex Cables Ltd.

21 Nov 2018

876.10

11.58%

Finolex Cables Ltd: Volumes Impacted but Set to Recover in H2FY19

Buy: Finolex Cables Ltd.

Recommendation Target

Karvy

Volumes Impacted but Set to Recover in H2FY19: Finolex top line grew marginally by 3.8% YoY on the back of strong performance from communication cables which grew by 14.3%. The growth was lower due to tepid performance of electrical segment.

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

Finolex Cables Ltd.

03 Sep 2018

876.10

11.58%

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. Q1FY19 revenue and EBITDA grew by robust 17% & 18% YoY respectively, but PAT declined by 11% YoY owing to higher tax expenses. EBITDA margin improved by 10bps YoY to 16.4% led by lower cost....

Finolex Cables Ltd. has an average target of 1410.33 from 3 brokers.

Finolex Cables Ltd.

17 Aug 2018

876.10

11.58%

Finolex Cables Ltd: Higher Tax Provision Impacted Bottom Lin...

Hold: Finolex Cables Ltd.

Target

Karvy

Higher Tax Provision Impacted Bottom Line; Finolex top line grew by 6.4% YoY on the back of strong performance from Electrical cables which grew by 11.6%.

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

Finolex Cables Ltd.

30 May 2018

876.10

11.58%

Finolex Cables Ltd: Volume and Revenue Growth Across Segment...

Hold: Finolex Cables Ltd.

Karvy

Volume and Revenue Growth Across Segments: Finolex top line grew by 12.2% YoY on the back of strong performance from communication cable which grew by 16.6% and electrical cable showing a growthof 7.5%.

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

Finolex Cables Ltd.

06 Mar 2018

876.10

11.58%

FINOLEX CABLE

Accumulate: Finolex Cables Ltd.

Geojit Research

Finolex Cables Ltd (FCL) is India's largest manufacturer of electrical (85% of revenue) and telecommunication cables (9%). FCL has a wide distribution network with a high brand recall....

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

No results found

Is Finolex Cables Ltd. worth buying?

184 Votes:

Buy 78.8%

Sell 13.04%

Hold 8.15%

RESEARCH REPORTS

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