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Stock Screener·India·Industrials·FINCABLES.NS
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Finolex Cables Limited Stocks

₹ 1367.7Last Updated 16.10.2026

Issuer Rating

5/7
Performance

Favourable

Risk

Limited

Recommendation

Hold

Market Cap

₹ 2.19B

₹ 1367.7
Key Takeaways

Risk factor

Strong & resilient to price shocks

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Data is available to registered users only

Profitability factor

Strong margins and returns

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Risks

  • Default risk
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  • Volatility
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  • Selling difficulty
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  • Stress test
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  • Country risks
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  • Other risks
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About

Founded in Pune, India, in 1958, Finolex Cables Limited specializes in the production and distribution of an extensive range of electrical and communication cables, alongside various electrical appliances. While primarily serving the Indian market, the company also exports its goods to the United States and the United Arab Emirates. The company's operations are divided into key divisions: Electrical Cables, Communication Cables, Copper Rods, and a miscellaneous 'Other Products' segment. Within its electrical cable offerings, Finolex provides a comprehensive array, including insulated PVC cables designed for diverse applications such as motor winding, automotive, battery systems, UPS, elevators, and solar installations. This also encompasses heavy-duty, underground, and specialized power and control cables catering to both low and high voltage requirements. The communication cable portfolio features optic fiber, coaxial, local area network (LAN), CCTV, and speaker cables, in addition to various telephone cables (jelly-filled and PE insulated) and V-SAT cables. Beyond cables, the 'Other Products' segment encompasses a broad selection of consumer electrical goods. These include copper rods, essential electrical fittings like switches, sockets, and regulators, as well as a variety of lighting solutions such as CFL lamps (retrofit and non-retrofit), T5 tube lights, associated fittings, and modern LED-based systems. Furthermore, Finolex manufactures different types of fans (ceiling, table, wall, pedestal, and exhaust), a range of switchgear products (including miniature, residual current, and molded case circuit breakers, and distribution boards), conduit pipes and their fittings, and water heaters. Finolex Cables makes its products accessible through both online retail channels and traditional distribution networks.

Company Valuation

Slightly overvalued
3/7

Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBI

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Target Price

Neutral
4/7

The average target price of FINCABLES.NS is 1474 and suggests 7.8% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recomm

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Risks

  • Default risk
    Data is available to registered users only
  • Volatility
    Data is available to registered users only
  • Selling difficulty
    Data is available to registered users only
  • Stress test
    Data is available to registered users only
  • Country risks
    Data is available to registered users only
  • Other risks
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