Sharescart Research Club logo ×
Screener Research Unlisted Startup Funding New IPO New

  • Home
  • /
  • Finolex Cables
Join Channel
Consolidated Standalone

Finolex Cables

₹1023 8.3 | 0.8%

Market Cap ₹15646 Cr.

Stock P/E 24.4

P/B 3.3

Current Price ₹1023

Book Value ₹ 308.6

Face Value 2

52W High ₹1219.1

Dividend Yield 0.68%

52W Low ₹ 772.3

Edit Ratio

Finolex Cables Research see more...

Overview Inc. Year: 1967Industry: Cable

Finolex Cables Ltd is an India-based manufacturer of electrical and communication cables. The Company offers a number of electrical and communication cables. The Company's wire and cable products are utilized in programs, along with car, lights, cable television (TV), telephone and computers to business packages. Its range of merchandise consists of Electrical Switches, LED based lamps, fans, low voltage miniature circuit breakers (MCBs) and water warmers. The Company operates via four segments: Electrical Cables, Communication Cables, Copper Rods, and Others - Trading of Electrical and other goods. Electrical Cables segment manufactures electric cables and electricity, and control cables. The communication segment is engaged in production today's, new technology communique cables and conventional smartphone cables.

Read More..

Finolex Cables Share Price

New

₹ | |

Volume
Price

Quarterly Price

Quarterly Monthly
Show Value Show %

Peer Comparison

Finolex Cables Quarterly Results

#(Fig in Cr.) Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 933 973 1187 1016 1091 1150 1224 1204 1187 1222
Other Income 17 19 20 17 26 33 42 39 42 45
Total Income 950 992 1207 1033 1117 1183 1266 1243 1229 1267
Total Expenditure 813 854 1067 897 992 1004 1079 1058 1041 1088
Operating Profit 137 137 140 136 124 179 188 185 188 179
Interest 0 0 1 0 0 0 1 0 0 0
Depreciation 10 10 9 9 11 11 15 11 11 11
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 127 127 130 127 114 168 172 175 177 167
Provision for Tax 56 36 62 34 24 35 53 50 52 47
Profit After Tax 71 91 68 93 90 133 119 125 124 121
Adjustments 74 52 157 27 -34 21 56 35 30 30
Profit After Adjustments 145 143 224 120 55 154 175 160 154 151
Adjusted Earnings Per Share 9.5 9.3 14.7 7.8 3.6 10.1 11.4 10.5 10.1 9.9

Finolex Cables Profit & Loss

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 2360 2445 2815 3078 2877 2768 3768 4481 4837
Other Income 56 59 87 105 92 77 75 118 168
Total Income 2416 2504 2902 3182 2969 2845 3843 4599 5005
Total Expenditure 2002 2049 2380 2631 2494 2398 3343 3972 4266
Operating Profit 414 455 522 551 475 447 500 627 740
Interest 9 4 1 1 2 1 2 1 1
Depreciation 58 48 44 41 39 39 39 46 48
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0
Profit Before Tax 416 504 549 610 512 631 787 649 691
Provision for Tax 88 103 219 203 121 169 187 145 202
Profit After Tax 329 400 330 407 391 461 599 504 489
Adjustments 0 0 0 0 0 0 0 0 151
Profit After Adjustments 329 400 330 407 391 461 599 504 640
Adjusted Earnings Per Share 21.5 26.2 21.6 26.6 25.6 30.2 39.2 33 41.9

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 19% 16% 10% 0%
Operating Profit CAGR 25% 10% 4% 0%
PAT CAGR -16% 9% 9% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 15% 42% 19% 21%
ROE Average 12% 14% 14% 17%
ROCE Average 16% 19% 20% 23%

Finolex Cables Balance Sheet

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 1776 2141 2429 2737 3004 3415 3922 4370
Minority's Interest 0 0 0 0 0 0 0 0
Borrowings 26 1 1 0 0 0 0 0
Other Non-Current Liabilities 30 24 115 155 164 220 278 290
Total Current Liabilities 267 273 240 261 239 251 294 320
Total Liabilities 2099 2440 2784 3154 3407 3886 4494 4980
Fixed Assets 432 415 409 404 387 394 380 435
Other Non-Current Assets 484 769 865 1058 951 1148 1317 1334
Total Current Assets 1183 1255 1510 1692 2069 2343 2797 3212
Total Assets 2099 2440 2784 3154 3407 3886 4494 4980

Finolex Cables Cash Flow

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 138 21 32 77 46 856 25 32
Cash Flow from Operating Activities 339 213 236 154 309 114 473 356
Cash Flow from Investing Activities -195 -126 -134 -110 587 -859 -378 -225
Cash Flow from Financing Activities -64 -75 -57 -75 -86 -86 -87 -97
Net Cash Inflow / Outflow 81 11 44 -30 810 -831 8 35
Closing Cash & Cash Equivalent 219 32 77 46 856 25 32 67

Finolex Cables Ratios

# Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 21.49 26.17 21.58 26.64 25.56 30.17 39.17 32.97
CEPS(Rs) 25.28 29.31 24.45 29.29 28.11 32.72 41.71 36
DPS(Rs) 2.5 3 4 4.5 5.5 5.5 6 7
Book NAV/Share(Rs) 116.11 139.97 158.81 178.95 196.39 223.24 256.43 285.74
Core EBITDA Margin(%) 13.92 14.82 15.09 14.52 13.33 13.37 11.28 11.36
EBIT Margin(%) 16.51 19.02 19.09 19.86 17.85 22.82 20.92 14.52
Pre Tax Margin(%) 16.17 18.86 19.04 19.83 17.8 22.79 20.88 14.49
PAT Margin (%) 12.77 14.99 11.45 13.24 13.59 16.67 15.9 11.25
Cash Profit Margin (%) 15.02 16.78 12.96 14.56 14.94 18.08 16.93 12.29
ROA(%) 20.58 17.64 12.64 13.72 11.92 12.66 14.3 10.65
ROE(%) 27.96 20.44 14.45 15.77 13.62 14.38 16.33 12.16
ROCE(%) 32.78 25.6 24.09 23.65 17.89 19.68 21.48 15.69
Receivable days 13.97 17.1 18.94 22.88 25.24 23.97 17.13 16.08
Inventory Days 35.24 54.07 60.81 64.41 74.86 88.9 68.22 54.07
Payable days 13.78 29.4 32.81 31.08 32.14 29.78 22.52 20.53
PER(x) 13.05 19.74 31.01 17.92 7.95 12.62 9.64 24.62
Price/Book(x) 2.41 3.69 4.21 2.67 1.04 1.71 1.47 2.84
Dividend Yield(%) 0.89 0.58 0.6 0.94 2.7 1.44 1.59 0.86
EV/Net Sales(x) 1.75 3.16 3.6 2.36 0.76 2.09 1.52 2.75
EV/Core EBITDA(x) 9.94 16.97 19.41 13.16 4.58 12.91 11.48 19.68
Net Sales Growth(%) 258.58 3.58 15.15 9.33 -6.51 -3.79 36.13 18.92
EBIT Growth(%) 724.48 19.48 8.39 11 -15.96 22.98 24.78 -17.44
PAT Growth(%) 974.5 21.77 -17.52 23.43 -4.04 18.02 29.84 -15.83
EPS Growth(%) 432.89 21.77 -17.52 23.43 -4.04 18.02 29.84 -15.83
Debt/Equity(x) 0.03 0 0 0 0 0 0 0
Current Ratio(x) 4.42 4.59 6.3 6.48 8.66 9.35 9.53 10.03
Quick Ratio(x) 3.19 2.9 4.22 4.23 6.18 6.33 7.3 7.93
Interest Cover(x) 47.51 118.41 382.35 664.28 331.35 831.09 518.52 524.75
Total Debt/Mcap(x) 0.01 0 0 0 0 0 0 0

Finolex Cables Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 35.86 35.86 35.86 35.86 35.86 35.86 35.86 35.86 35.86 35.86
FII 9.35 9.35 9.23 7.83 8.3 8.87 11.24 11.75 11.05 11.56
DII 16.45 15.7 15.25 20.18 19.96 18.89 15.53 15.56 15.9 15.85
Public 38.18 38.93 39.49 35.97 35.72 36.22 37.21 36.68 37.03 36.58
Others 0.16 0.16 0.16 0.16 0.16 0.16 0.16 0.16 0.16 0.16
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Debtor days have improved from 22.52 to 20.53days.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 35.86%.
  • Company has a low return on equity of 14% over the last 3 years.
  • Stock is trading at 3.3 times its book value.
  • The company has delivered a poor profit growth of 8% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Finolex Cables News

IPO

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

You May Also Know About

Unlisted Shares Pre-IPO Shares ESOP Shares Delisted Shares

Please Login!

Click to Login
OR
Get free Account

Error!