Why did Finolex Cables (FINCABLES) stock move recently?

On 9/4/2026, Finolex Cables moved -1.6% — Finolex Cables eased along with the rest of the wires and cables pack after UltraTech Cement announced its Rs 1,800 crore Ultravolt entry into the segment. The decline was smaller than at larger listed peers. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is Finolex Cables (FINCABLES) overvalued or fairly valued?

MarketChacha shows Finolex Cables's valuation in context — a forward P/E of about 17.6, a price-to-book of about 3.2 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is Finolex Cables's revenue?

Finolex Cables reported revenue of ₹6,321 Cr for FY2026, with net profit of ₹623 Cr, per official filings.

What is the share price of Finolex Cables (FINCABLES)?

Finolex Cables last traded at ₹1,282.50 (-6.2% on the day), as of 10/19/2026 — a delayed quote shown for education, not investment advice.

Finolex Cables

FINCABLES · NSE · Capital Goods · India

Snapshot

TickerFINCABLES

ExchangeNSE

SectorCapital Goods

IndustryElectrical Equipment & Parts

CountryIndia

CEOMr. Mahesh Viswanathan A.C.A., B.Com ACA, B.Com.

Employees1,610

HeadquartersPune, India

Websitewww.finolex.com

Filings tracked5

About Finolex Cables

Finolex Cables Limited engages in the manufacture and sale of electrical and communication cables, and other electrical appliances in India and internationally. The company operates through Electrical Cables, Communication Cables, Copper Rods, and Others segments. It offers PVC, flame retardant low smoke, halogen free flame retardant insulated industrial, and 3 core flat cables; communication cables, including CCTV, CAT6 LAN, optic fiber, speaker, RG6 coaxial, telephone, and FinoGreen cables; power and control cables; and agricultural, solar, and automotive cables. The company also provides switches, smart switches, accessories, and mounting boxes; and LED spot downlights, LED battens, and Double and Tri color panels, as well as LED floodlights and lens streetlights. In addition, it offers ceiling, table, wall mounted, pedestal, and exhaust fans; switchgear products, such as miniature and residual current circuit breakers, isolators, auto changeover current limiters, moulded case circuit breakers, and distribution boards; instant, storage, and immersion water heaters; rigid PVC conduits and fittings; oil filled, quartz, and blower room heater; and smart door locks and switches. Finolex Cables Limited was founded in 1958 and is based in Pune, India.

Who owns it

Promoters58.6%
Institutions22.5%
Public & other18.8%

60 institutional holders

Ownership breakdown from public market data. Promoter pledge is not included here — that comes from exchange shareholding filings.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Net margin trend11.3% → 11.3%

Margin has held broadly steady over the period — stable profitability.

Growth qualityrev 9% · PAT 9%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (Yahoo Finance). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev ₹1,928 Cr · EPS 11.70

Est. earnings growth +31.6%

Next fiscal year

Rev ₹9,453 Cr · EPS 72.70

Est. earnings growth +19.6%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: Yahoo Finance

Annual

Quarterly · last 5

Revenue (FY2026)

₹6,321 Cr

Net margin

11.3%

Revenue CAGR (3y)

+12.2%

Profit CAGR (3y)

+12.3%

Net profit (FY2026)

₹714 Cr

Ask MarketChacha about FINCABLES

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Sep 4, 2026
Finolex Cables eased along with the rest of the wires and cables pack after UltraTech Cement announced its Rs 1,800 crore Ultravolt entry into the segment. The decline was smaller than at larger listed peers.
source 1 ↗· confidence: medium
Sep 2, 2026
Finolex Cables fell ~4.6% with no major negative earnings surprise or filing; a MarketsMojo downgrade to Hold (from Buy) on Sep 1 citing mixed technical signals and valuation concerns appears to be the key near-term driver ahead of the Sep 4 ex-dividend date.
source 1 ↗source 2 ↗· confidence: medium
Jul 23, 2026
No company-specific news, earnings, guidance, or filing explains the move; Finolex Cables declined with the broader market or sector.
· confidence: low

Daily moves with the verified reason behind them. Education only — not investment advice.

Financials

Yearly

Period	Revenue	Net profit	Net margin
FY2026	₹6,321 Cr	₹714 Cr	11.3%
FY2025	₹5,319 Cr	₹544 Cr	10.2%
FY2024	₹5,014 Cr	₹572 Cr	11.4%
FY2023	₹4,481 Cr	₹504 Cr	11.3%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
Q1 FY27	₹2,013 Cr	₹249 Cr*	16.28	12.4%
Q4 FY26	₹1,951 Cr	₹224 Cr*	14.67	11.5%
Q3 FY26	₹1,599 Cr	₹136 Cr	—	8.5%
Q2 FY26	₹1,376 Cr	₹187 Cr	—	13.6%
Q1 FY26	₹1,396 Cr	₹163 Cr	—	11.7%

* Net profit includes one-off / non-operating items (e.g. a settlement or accounting gain), so it doesn’t reflect operating performance — net margin is hidden for that period.

Figures as reported, in ₹ (crore). Source: Yahoo Finance.

Filings & announcements

2026

Corporate Action-Board to consider Dividend
The record date for determining the entitlement for receiving dividend for the financial year 2025-26 is Friday, 4th September, 2026.
BSE8/29/2026material
Appointment of Company Secretary and Compliance Officer
Appointment of Company Secretary and Compliance Officer
BSE8/11/2026
Change in Management
Re-appointment of Independent Directors and Whole Time Director of the Company
BSE8/11/2026
Board Meeting Outcome for Outcome Of Board Meeting
Outcome of Board Meeting
BSE8/11/2026
Results - Unaudited Financial Results For Quarter Ended 30Th June 2026
Results- Unaudited Financial Results for quarter Ended 30th June 2026
BSE8/11/2026

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.