|
31 Aug 2025 |
Finolex Cables
|
Consensus Share Price Target
|
820.25 |
1159.00 |
- |
41.30 |
buy
|
|
|
|
|
18 Aug 2025
|
Finolex Cables
|
Anand Rathi
|
820.25
|
1031.00
|
826.95
(-0.81%)
|
25.69 |
Buy
|
|
|
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.
|
|
04 Jun 2025
|
Finolex Cables
|
Sharekhan
|
820.25
|
1250.00
|
966.40
(-15.12%)
|
52.39 |
Buy
|
|
|
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.
|
|
04 Jun 2025
|
Finolex Cables
|
Sharekhan
|
820.25
|
1250.00
|
966.40
(-15.12%)
|
52.39 |
Buy
|
|
|
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.
|
|
03 Dec 2024
|
Finolex Cables
|
Geojit BNP Paribas
|
820.25
|
1354.00
|
1150.70
(-28.72%)
|
65.07 |
Accumulate
|
|
|
|
|
21 Nov 2024
|
Finolex Cables
|
Sharekhan
|
820.25
|
1300.00
|
1097.50
(-25.26%)
|
Target met |
Buy
|
|
|
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.
|
|
17 Nov 2024
|
Finolex Cables
|
Anand Rathi
|
820.25
|
1577.00
|
1137.35
(-27.88%)
|
92.26 |
Buy
|
|
|
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.
|
|
19 Aug 2024
|
Finolex Cables
|
Sharekhan
|
820.25
|
1650.00
|
1447.85
(-43.35%)
|
|
Buy
|
|
|
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.
|
|
06 Jun 2024
|
Finolex Cables
|
Sharekhan
|
820.25
|
1800.00
|
1519.30
(-46.01%)
|
|
Buy
|
|
|
Q4FY24 numbers were decent, with Revenue/operating profit/PAT of Rs. 1,401/162/186 crore and a growth of 14%/11%/6% y-o-y respectively. Revenue growth was led by strong demand from the construction sector.
|
|
15 Mar 2024
|
Finolex Cables
|
Geojit BNP Paribas
|
820.25
|
1019.00
|
877.95
(-6.57%)
|
Target met |
Buy
|
|
|
|
|
30 Nov 2023
|
Finolex Cables
|
Geojit BNP Paribas
|
820.25
|
1108.00
|
966.40
(-15.12%)
|
Target met |
Accumulate
|
|
|
|
|
22 Nov 2023
|
Finolex Cables
|
Sharekhan
|
820.25
|
1100.00
|
915.20
(-10.37%)
|
Target met |
Buy
|
|
|
|
|
17 Aug 2023
|
Finolex Cables
|
Sharekhan
|
820.25
|
1250.00
|
1064.95
(-22.98%)
|
Target met |
Buy
|
|
|
|
|
19 Jul 2023
|
Finolex Cables
|
SBI Securities
|
820.25
|
1086.00
|
977.65
(-16.10%)
|
Target met |
Buy
|
|
|
|
|
15 Jun 2023
|
Finolex Cables
|
Geojit BNP Paribas
|
820.25
|
953.00
|
847.90
(-3.26%)
|
Target met |
Accumulate
|
|
|
|
|
26 May 2023
|
Finolex Cables
|
Sharekhan
|
820.25
|
1010.00
|
789.80
(3.86%)
|
Target met |
Buy
|
|
|
|
|
24 Feb 2023
|
Finolex Cables
|
Geojit BNP Paribas
|
820.25
|
784.00
|
720.75
(13.81%)
|
Target met |
Hold
|
|
|
|
|
13 Feb 2023
|
Finolex Cables
|
Sharekhan
|
820.25
|
660.00
|
791.50
(3.63%)
|
Target met |
Buy
|
|
|
|
|
22 Nov 2022
|
Finolex Cables
|
Geojit BNP Paribas
|
820.25
|
643.00
|
566.25
(44.86%)
|
Target met |
Accumulate
|
|
|
|
|
24 Nov 2021
|
Finolex Cables
|
Geojit BNP Paribas
|
820.25
|
663.00
|
553.55
(48.18%)
|
|
Accumulate
|
|
|
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,...
|
|
20 Aug 2020
|
Finolex Cables
|
Sharekhan
|
820.25
|
360.00
|
299.90
(173.51%)
|
Target met |
Buy
|
|
|
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....
|