Let's break down Finolex Cables Ltd. (FINCABLES) — from its financial performance to how the market is valuing the stock.
Finolex Cables Revenue Trend
At ₹5,516 Cr, Finolex Cables Ltd.'s FY2025 revenue was 6.3% ahead of the ₹5,190 Cr posted in FY2024.
Finolex Cables Ltd.'s revenue compounded at 8.5% over 10 years — not a breakout compounder, but steady enough to suggest a stable business.
A ₹5,516 Cr revenue base makes Finolex Cables Ltd. a mid-sized name in the Indian cables - power sector.
Revenue has moved in the same direction for 4 years running, suggesting the growth trend has structural legs.
| Year | Revenue | YoY % |
|---|---|---|
| FY2025 | ₹5,516 Cr | +6.3% |
| FY2024 | ₹5,190 Cr | +12.8% |
| FY2023 | ₹4,599 Cr | +19.8% |
| FY2022 | ₹3,840 Cr | +35.0% |
| FY2021 | ₹2,845 Cr | — |
View Finolex Cables Ltd.'s full 10-year revenue trend with CAGR analysis →
Finolex Cables Profitability
Net profit for Finolex Cables Ltd. climbed 7.5% to ₹701 Cr in FY2025.
Net margin was steady at 12.7% in FY2025, suggesting a stable cost structure.
Diluted EPS stood at ₹45.82 in FY2025, compared to ₹42.61 in FY2024.
Is Finolex Cables Undervalued
The P/E Ratio valuation pegs Finolex Cables Ltd.'s fair value at ₹877, which is 12.0% downside from the current price.
Finolex Cables Ltd. shares are currently trading at ₹996.60.
Craytheon also calculates intrinsic value using the EPS Growth and DCF models. The full breakdown with assumptions is available in the detailed analysis.
| Model | Est. Fair Value | vs. Current Price |
|---|---|---|
| P/E Ratio | ₹877 | 12.0% downside to fair value |
| EPS Growth | Upgrade | Upgrade |
| DCF | Upgrade | Upgrade |
See all valuation models for Finolex Cables Ltd. with detailed assumptions →
Finolex Cables Shareholding Pattern
Promoter holding is steady at 35.9% — no buying or selling over the past 4 quarters.
On the foreign institutional side, the holding is 9.6% as of March 2026 — down from 10.7%.
On the domestic institutional side, the holding is 16.4% as of March 2026 — up from 15.6%.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Mar 2026 | 35.9% | 9.6% | 16.4% | 38.1% |
| Dec 2025 | 35.9% | 9.4% | 15.8% | 39.0% |
| Sep 2025 | 35.9% | 9.9% | 15.9% | 38.4% |
| Jun 2025 | 35.9% | 10.7% | 15.6% | 37.9% |
Track quarterly shareholding changes for Finolex Cables Ltd. →
Finolex Cables Balance Sheet
Proportional view as of 3 Jun 2026. Hover blocks for details.
Assets
Liabilities & Equity
In FY2025, the total asset base came in at ₹62.87B, up 11.6% YoY from ₹56.35B.
Cash & ST Investments accounts for 40.7% of the total, ahead of Investments (25.0%) and Property, Plant & Equipment (12.3%).
Capital structure: 87.4% equity, 0.3% debt, 12.3% operating liabilities. Over the year, debt is up 10.7% and equity is up 11.1%.
Balance sheet composition — FY 2025
| Category | Value |
|---|---|
| Cash & ST Investments | 25.60B |
| Receivables | 2.43B |
| Inventories | 7.17B |
| Property, Plant & Equipment | 7.75B |
| Investments | 15.72B |
| Intangibles & Goodwill | 14.80M |
| Other Assets | 4.19B |
| Category | Value |
|---|---|
| Equity | 54.95B |
| Short-term Debt | 46.70M |
| Long-term Debt | 153.20M |
| Trade Payables | 2.42B |
| Other Liabilities | 5.30B |
Finolex Cables at a Glance
What should investors take away from Finolex Cables Ltd.'s (FINCABLES) latest numbers? Here's the summary.
Revenue of ₹5,516 Cr in FY2025, up 6.3% year-over-year.
Long-term revenue has been compounding at 8.5% annually over 10 years.
The company is profitable, with a net margin of 12.7% and net income of ₹701 Cr.
The P/E Ratio model implies 12.0% downside to fair value from the current price. The remaining two models are worth cross-checking before drawing a conclusion — sign up to see the full analysis.
Unlock Full Analysis
Get the complete view of Finolex Cables Ltd. on Craytheon — 10 years of financials, three valuation models, and institutional holding trends.