Finolex Cables

  • Market Cap: Small Cap
  • Industry: Cables - Electricals
  • ISIN: INE235A01022
  • NSEID: FINCABLES
  • BSEID: 500144
INR
1,164.45
45.15 (4.03%)
BSENSE

Jun 18

BSE+NSE Vol: 8.88 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Comparison
Company
Score
Quality
Valuation
Financial
Technical
Polycab India
KEI Industries
Finolex Cables
Universal Cables
Advait Energy
Paramount Comm.
Dynamic Cables
Quadrant Future
R R Kabel
JD Cables
V-Marc India
Why is Finolex Cables Ltd. ?
1
Company has a low Debt to Equity ratio (avg) at 0 times
2
Stock is technically in a Bullish range
  • The technical trend has improved from Mildly Bullish on 17-Apr-26 and has generated 14.04% returns since then
  • Multiple factors for the stock are Bullish like MACD, Bollinger Band, KST and OBV
3
With ROE of 11.6, it has a Fair valuation with a 2.8 Price to Book Value
  • The stock is trading at a fair value compared to its peers' average historical valuations
  • Over the past year, while the stock has generated a return of 10.57%, its profits have fallen by -2%
4
High Institutional Holdings at 26.05%
  • These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
  • Their stake has increased by 0.86% over the previous quarter.
5
Market Beating Performance
  • The stock has generated a return of 10.57% in the last 1 year, much higher than market (BSE500) returns of 0.10%
stock-recommendationReal-Time Research Report
Verdict Report
How much should you buy?
  1. Overall Portfolio exposure to Finolex Cables should be less than 10%
  2. Overall Portfolio exposure to Cables - Electricals should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Cables - Electricals)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Finolex Cables for you?

Medium Risk, High Return

Absolute
Risk Adjusted
Volatility
Finolex Cables
21.3%
0.34
31.35%
Sensex
-5.16%
-0.49
12.94%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors
Factor
Value
Sales Growth (5y)
17.96%
EBIT Growth (5y)
11.08%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
-0.33
Sales to Capital Employed (avg)
1.00
Tax Ratio
23.13%
Dividend Payout Ratio
17.46%
Pledged Shares
0
Institutional Holding
26.05%
ROCE (avg)
16.47%
ROE (avg)
12.89%
stock-recommendationValuation
Valuation Scorecard stock-summary
stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary
Factor
Value
P/E Ratio
24
Industry P/E
50
Price to Book Value
2.81
EV to EBIT
26.95
EV to EBITDA
24.37
EV to Capital Employed
3.72
EV to Sales
2.39
PEG Ratio
12.98
Dividend Yield
0.71%
ROCE (Latest)
13.79%
ROE (Latest)
11.73%
Loading Valuation Snapshot...
stock-recommendationTechnicals
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Mildly Bullish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
Mildly Bullish
No Trend
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend
Financial Trend Scorecard stock-summary
stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

13What is working for the Company
NET SALES(Q)

Highest at Rs 1,951.08 cr

PBDIT(Q)

Highest at Rs 180.45 cr.

PBT LESS OI(Q)

Highest at Rs 270.70 cr.

PAT(Q)

Highest at Rs 224.43 cr.

EPS(Q)

Highest at Rs 14.67

-3What is not working for the Company
INVENTORY TURNOVER RATIO(HY)

Lowest at 6.18 times

DEBTORS TURNOVER RATIO(HY)

Lowest at 17.08 times

Loading Valuation Snapshot...
Here's what is working for Finolex Cables
Net Sales - Quarterly
Highest at Rs 1,951.08 cr
in the last five quarters
MOJO Watch
Near term sales trend is positive

Net Sales (Rs Cr)

Net Sales - Quarterly
At Rs 1,951.08 cr has Grown at 22.36%
Year on Year (YoY)
MOJO Watch
Near term sales trend is positive

Net Sales (Rs Cr)

Operating Profit (PBDIT) - Quarterly
Highest at Rs 180.45 cr.
in the last five quarters
MOJO Watch
Near term Operating Profit trend is positive

Operating Profit (Rs Cr)

Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 270.70 cr.
in the last five quarters
MOJO Watch
Near term PBT trend is positive

PBT less Other Income (Rs Cr)

Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 270.70 cr has Grown at 30.96%
Year on Year (YoY)
MOJO Watch
Near term PBT trend is positive

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly
Highest at Rs 224.43 cr.
in the last five quarters
MOJO Watch
Near term PAT trend is positive

PAT (Rs Cr)

Earnings per Share (EPS) - Quarterly
Highest at Rs 14.67
in the last five quarters
MOJO Watch
Increasing profitability; company has created higher earnings for shareholders

EPS (Rs)

Here's what is not working for Finolex Cables
Inventory Turnover Ratio- Half Yearly
Lowest at 6.18 times and Fallen
each half year in the last five half yearly periods
MOJO Watch
Company's pace of selling inventory has slowed

Inventory Turnover Ratio

Debtors Turnover Ratio- Half Yearly
Lowest at 17.08 times
in the last five half yearly periods
MOJO Watch
Company's pace of settling its Debtors has slowed

Debtors Turnover Ratio