FINCABLES

Finolex Cables Share PriceFinolex Cables

₹1,032.15
-12.3 (-1.18%)
As on 11 December, 2023 | 01:31 BSE: 500144 NSE: FINCABLESISIN: INE235A01022

Finolex Cables Performance

Day Range

  • Low 1,028.00
  • High 1,060.00
₹ 1,032.15

52 Week Range

  • Low 491.15
  • High 1,219.00
₹ 1,032.15
  • Open Price1,054.00
  • Previous Close1,044.45
  • Volume184917

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Finolex Cables Share Price

  • Over 1 Month 12.03%
  • Over 3 Month -8.97%
  • Over 6 Month 30.24%
  • Over 1 Year 81.32%

Finolex Cables Key Statistics

P/E Ratio 24.5
PEG Ratio 1.3
Market Cap Cr 15,786
Price to Book Ratio 3.6
EPS 32.8
Dividend 0.7
Relative Strength Index 64.68
Money Flow Index 87.02
MACD Signal 10.28
Average True Range 32.3

Finolex Cables Investment Rating

  • Master Rating:
  • Finolex Cables has an operating revenue of Rs. 4,766.32 Cr. on a trailing 12-month basis. An annual revenue growth of 20% is outstanding, Pre-tax margin of 13% is healthy, ROE of 11% is good. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is comfortably placed above its key moving averages, around 6% and 12% from 50DMA and 200DMA. It is currently FORMING a base in its weekly chart and is trading around 15% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 91 which is a GREAT score indicating consistency in earnings, a RS Rating of 60 which is FAIR indicating the recent price performance, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 82 indicates it belongs to a poor industry group of Electrical-Power/Equipmt and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Finolex Cables Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 1,1871,2041,2241,1501,0911,0161,187
Operating Expenses Qtr Cr 1,0431,0601,0771,0099989021,070
Operating Profit Qtr Cr 14414414814193114117
Depreciation Qtr Cr 111115111199
Interest Qtr Cr 0010001
Tax Qtr Cr 52403928522622
Net Profit Qtr Cr 16513213513513796105
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 4,6793,920
Operating Expenses Annual Cr 3,9863,353
Operating Profit Annual in Cr 496415
Depreciation Cr 4639
Interest Annual Cr 12
Tax Annual Cr 144122
Net Profit Annual Cr 502405
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 356473
Cash from Investing Activity Annual Cr -225-378
Cash from Financing Annual Activity Cr -97-87
Net Cash Flow Annual Cr 358
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 3,7103,264
Fixed Assets Annual Cr 456467
Total Non Current Assets Annual Cr 872803
Total Current Assets Annual Cr 3,2122,797
Total Assets Annual Cr 4,0833,600
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 243213
ROE Annual % 1412
ROCE Annual % 1716
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1515
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 1,1871,2041,2241,1501,0911,0161,187
Operating Expenses Qtr Cr 1,0411,0581,0791,0049928971,067
Operating Profit Qtr Cr 14614714614699119120
Depreciation Qtr Cr 111115111199
Interest Qtr Cr 0010001
Tax Qtr Cr 52505335243462
Net Profit Qtr Cr 15416017515455120224
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 4,5993,840
Operating Expenses Annual Cr 3,9723,340
Operating Profit Annual in Cr 509429
Depreciation Cr 4639
Interest Annual Cr 12
Tax Annual Cr 145187
Net Profit Annual Cr 504599
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 356473
Cash from Investing Activity Annual Cr -225-378
Cash from Financing Annual Activity Cr -97-87
Net Cash Flow Annual Cr 358
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 4,3703,922
Fixed Assets Annual Cr 456467
Total Non Current Assets Annual Cr 1,7691,697
Total Current Assets Annual Cr 3,2122,797
Total Assets Annual Cr 4,9804,494
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 286256
ROE Annual % 1215
ROCE Annual % 1211
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1413

Finolex Cables Technicals

EMA & SMA

Current Price
₹1,032.15
-12.3 (-1.18%)
pointer
  • Bullish Moving Average
  • ___
  • 15
  • Bearish Moving Average
  • ___
  • 1
  • 20 Day
  • ₹980.08
  • 50 Day
  • ₹975.61
  • 100 Day
  • ₹966.23
  • 200 Day
  • ₹894.93
  • 20 Day
  • ₹959.90
  • 50 Day
  • ₹970.78
  • 100 Day
  • ₹1,014.99
  • 200 Day
  • ₹917.63

Finolex Cables Resistance and Support

PIVOT
₹1,040.05
Resistance
First Resistance 1,052.10
Second Resistance 1,072.05
Third Resistance 1,084.10
RSI 64.68
MFI 87.02
MACD Single Line 10.28
MACD 24.95
Support
First Resistance 1,020.10
Second Resistance 1,008.05
Third Resistance 988.10

Finolex Cables Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 208,838 8,810,875 42.19
Week 579,056 31,211,129 53.9
1 Month 582,495 26,183,150 44.95
6 Month 599,098 21,100,230 35.22

Finolex Cables Result Highlights

Finolex Cables Synopsis

NSE-Electrical-Power/Equipmt

Finolex Cables is involved in the business activities of Manufacture of electric lighting equipment. Company’s Total Operating Revenue is Rs. 4481.11 Cr. and Equity Capital is Rs. 30.59 Cr. for the Year ended 31/03/2023. Finolex Cables Ltd. is a Public Limited Listed company incorporated on 05/06/1967 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L31300MH1967PLC016531 and registration number is 016531.
Market Cap 15,786
Sales 4,766
Shares in Float 9.79
No of funds 223
Yield 0.68
Book Value 4.26
U/D Vol ratio 1
LTDebt / Equity
Alpha 0.13
Beta 1.12

Finolex Cables

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 35.92%35.92%35.92%35.92%
Mutual Funds 11.89%12.19%13.37%13.87%
Insurance Companies 2.71%2.54%3%3.55%
Foreign Portfolio Investors 11.77%11.25%10.78%10.22%
Financial Institutions/ Banks 0.01%0.01%
Individual Investors 17.37%17.78%16.9%16.6%
Others 20.33%20.31%20.03%19.84%

Finolex Cables Management

Name Designation
Mr. Deepak Chhabria Executive Chairman
Mr. Ratnakar Prakash Barve Executive Director - Operations
Mr. Nikhil Manohar Naik Non Executive Director
Mr. Zubin Framroze Billimoria Independent Director
Mr. Sriraman Raghuraman Independent Director
Mrs. Vanessa Singh Independent Woman Director

Finolex Cables Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Finolex Cables Corporate Action

Date Purpose Remarks
2023-11-09 Quarterly Results
2023-08-12 Quarterly Results
2023-05-26 Audited Results & Final Dividend
2023-02-09 Quarterly Results
2022-11-09 Quarterly Results
Date Purpose Remarks
2023-09-22 FINAL Rs.7.00 per share(350%)Final Dividend

Finolex Cables MF Shareholding

Name Amount(cr)
Nippon India Small Cap Fund - Growth 41,019
Nippon India Multi Cap Fund - Growth 22,695
DSP Small Cap Fund Regular Plan Growth 11,837
DSP ELSS Tax Saver Fund Regular Plan Growth 11,693
HSBC Small Cap Fund Fund Regular Growth 11,552

Finolex Cables FAQs

What is Share Price of Finolex Cables ?

Finolex Cables share price is ₹1,032 As on 11 December, 2023 | 01:17

What is the Market Cap of Finolex Cables ?

The Market Cap of Finolex Cables is ₹15785.6 Cr As on 11 December, 2023 | 01:17

What is the P/E ratio of Finolex Cables ?

The P/E ratio of Finolex Cables is 24.5 As on 11 December, 2023 | 01:17

What is the PB ratio of Finolex Cables ?

The PB ratio of Finolex Cables is 3.6 As on 11 December, 2023 | 01:17

Q2FY23