NSE: FINCABLES | BSE: 500144

Mid-range Performer

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830.85 -13.40 (-1.59%)

46.71% Fall from 52W High

344.7K NSE+BSE Volume

NSE 19 Sep, 2025 3:31 PM (IST)

12,707

Market Cap

Above industry Median

1.3

Beta 1Year

Very 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 Aug 2020, 12:00AM

830.85

-1.59%

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 an average target of 1211.67 from 3 brokers.

Finolex Cables Ltd.

01 Jul 2020

830.85

-1.59%

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 -40.11% in the last 1 Year

Finolex Cables Ltd.

01 Jul 2020

830.85

-1.59%

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. is trading below all available SMAs

Finolex Cables Ltd.

20 Nov 2019, 12:00AM

830.85

-1.59%

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.'s price crossed below 30Day SMA today

Finolex Cables Ltd.

21 Aug 2019, 12:00PM

830.85

-1.59%

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 an average target of 1211.67 from 3 brokers.

Finolex Cables Ltd.

30 May 2019

830.85

-1.59%

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.'s price crossed below 30Day SMA today

Finolex Cables Ltd.

28 Mar 2019

830.85

-1.59%

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 lost -40.11% in the last 1 Year

Finolex Cables Ltd.

21 Feb 2019, 12:00AM

830.85

-1.59%

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.'s price crossed below 30Day SMA today

Finolex Cables Ltd.

21 Nov 2018, 12:00AM

830.85

-1.59%

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. is trading below all available SMAs

Finolex Cables Ltd.

03 Sep 2018

830.85

-1.59%

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 lost -40.11% in the last 1 Year

Is Finolex Cables Ltd. worth buying?

205 Votes:

Buy 79.51%

Sell 12.68%

Hold 7.8%

RESEARCH REPORTS

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Buy SEE REPORTS >

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