Finolex Cables

FINCABLES

NSE

BSE

SectorIndustrial Products

Finolex Cables is rising 5.02% primarily as a technical rebound following a 4% decline the previous day. This recovery is underpinned by strong fundamental momentum, including Q1 FY27 revenue growth of 44% and profit after tax up 59%. Investors are also responding positively to a significant surge in exports, ongoing capacity expansion, and the profitability of its EHV joint venture.

10h ago

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Company insights, generated from the most recent coverage.

EHV Joint Venture with Sumitomo turned profitable in FY26 (₹21 Cr profit on ₹450 Cr revenue), adding a new growth engine beyond core cables.
Q1 FY27 exports (~₹50 Cr) matched the entire previous year's export value, signaling new revenue streams in Western markets.
Stock rebounded +5.02% on Sept 3, 2026, recovering from a ~4% selloff on Sept 2, indicating mean-reversion buying at support levels.

The Quarter story

The two most recent quarterly results, compared side-by-side.

Finolex Cables delivers strong revenue and profit growth driven by its electrical cable segment, supported by robust cash reserves and completed capacity expansions.

Profit after tax grows from ₹139 Cr in Q1 FY26 to ₹249 Cr in Q1 FY27, demonstrating strong bottom-line recovery.

Inventories climb from ₹757.34 Cr in Q1 FY26 to ₹1,023.17 Cr in Q4 FY26, indicating rising stock levels.

Cash reserves surge from ₹44.60 Cr in Q1 FY26 to ₹163.13 Cr in Q4 FY26, signaling strong liquidity.

Cost of materials rises from ₹1,142.50 Cr in Q1 FY26 to ₹1,695.44 Cr in Q4 FY26, reflecting input inflation.

Property, plant, and equipment expands from ₹558.04 Cr in Q1 FY26 to ₹831.42 Cr in Q4 FY26, indicating significant capacity expansion.

Trade receivables increase from ₹250.02 Cr in Q1 FY26 to ₹370.08 Cr in Q4 FY26, signaling slower customer collections.

EBITDA rises from ₹185 Cr in Q1 FY26 to ₹285 Cr in Q1 FY27, showing resilient operating cash generation.

About the company

Finolex Cables Limited, established in 1958, is India's largest manufacturer of electrical and telecommunication cables. The company produces electrical cables, communication cables, and other electrical appliances at facilities in Goa, Maharashtra, and Uttarakhand. It also manufactures continuous cast copper rods at its Goa plant. Finolex has expanded into Fast-Moving Electrical Goods, offering products such as switches, LED lamps, fans, MCBs, water heaters, and PVC conduit pipes. The company has entered joint ventures and collaborations to enhance its product range and technological capabilities. Finolex has diversified its portfolio to include high voltage power cables, optical fiber cables, and various consumer electrical products. The company has also invested in solar power and established retail stores called Finolex Houses to strengthen its market presence.

In the news

Finolex Cables hits 52-week high for second straight session after Q1 PAT climbs 53% YoY to ₹249 cr

Finolex Cables, Zydus Wellness among top NSE Small-Cap gainers

Finolex Cables Q3 profit jumps 11.40% to ₹164 crore

Finolex Cables

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About the company

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