profit from every ₹100 of sales.
₹0₹100
Finolex Cables
₹1,272.60+1.56% today
+72.8% in 1 year
1-year low ₹710.301-year high ₹1,483.80
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
0%20% a year
You pay ₹27.27 for every ₹1 of profit it makes in a year.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What Finolex Cables sold, what it kept, and what it did with the cash.
Sales went from ₹44.1 billion in 2023 to ₹63.2 billion in 2026, with ₹7.14 billion of profit last year.
SalesProfit
Finolex Cables vs. similar companies
Finolex Cables grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| Finolex Cables | 27.3× · Fair price | ||
 Contemporary Amperex Technology | 20.2× · Fair price | ||
 ABB | 32.0× · Expensive | ||
 Vertiv | 58.4× · Expensive | ||
 Delta Electronics (Thailand) Public | 95.5× · Very expensive |
AI analysis
An AI analyst reads Finolex Cables's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 44,103 | 49,368 | 53,189 | 63,210 | |
| 8,324 | 9,521 | 10,268 | 11,710 | |
| 4,652 | 5,452 | 4,947 | 5,601 | |
| 6,971 | 9,097 | 9,707 | 9,897 | |
| 5,043 | 6,517 | 7,008 | 7,137 | |
| 32.97 | 42.61 | 45.82 | – | |
| 18.9% | 19.3% | 19.3% | 18.5% | |
| 10.5% | 11.0% | 9.3% | 8.9% | |
| 11.4% | 13.2% | 13.2% | 11.3% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 49,805 | 56,352 | 62,865 | 69,900 |
| Cash | 674 | 931 | 901 | 1,631 |
| Total debt | 136 | 181 | 200 | 191 |
| Total liabilities | 6,101 | 6,893 | 7,913 | 9,041 |
| 43,704 | 49,459 | 54,952 | 60,859 | |
| 153 | 153 | 153 | – | |
| 11.7% | 13.8% | 13.2% | 12.0% | |
| 11.5% | 13.2% | 12.8% | 11.7% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 3,563 | 5,769 | 2,073 | 491 | |
| 310 | 2,186 | 2,364 | 1,543 | |
| 3,253 | 5,769 | -292 | -1,052 | |
| Dividends paid | 915 | 1,070 | 1,220 | 1,221 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 27.3×
- –
- –
- 2.5×
- 3.1×
- –
- 19.5×
- -0.5%
- 3.7%
- 0.6%
Profitability
- 18.5%
- 8.9%
- 11.3%
- –
- 11.4%
- 12.1%
- –
- –
- –
- –
Growth
- +12.7%
- –
- –
- –
- +0.0%
Financial health
- -0.1×
- 0.00
- –
- 531.6×
- 8.42
- –
- –
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 28%of 979
Top 50%of 984
Bottom 37%of 866
Top 25%of 985
Bottom 16%of 987
0.6%of the share price, paid each year
On $1,000 invested$6a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
17.1% of its profit
Room to growStretchedMore than it earnsNews
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
2/7Passes 2 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
49No pass
Benjamin Graham
61Pass
Philip Fisher
41No pass
Peter Lynch
69Pass
Joel Greenblatt
26No pass
Charlie Munger
39No pass
Terry Smith
30No pass
Questions about Finolex Cables
Is Finolex Cables a good stock to buy?
A solid business at a fair price. 2 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Finolex Cables AI analysis
What does Finolex Cables do?
Finolex Cables Limited engages in the manufacture and sale of electrical and communication cables, and other electrical appliances in India and internationally. The company operates through Electrical Cables, Communication Cables, Copper Rods, and Others segments. It is in Electrical Equipment & Parts, based in Pune, India, with 1,594 employees.
Does Finolex Cables pay a dividend?
Yes. At today's price the dividend is 0.6% a year, about 17% of its yearly profit. In 2026 it paid out ₹1.22 billion in dividends.
Is Finolex Cables stock halal?
Yes. Finolex Cables passes our halal screen: its business is permitted and its debt is under 0.1% of its market value, under the 30% limit. How we check
How has Finolex Cables stock done over the past year?
Up 72.8% over the past twelve months, to ₹1,272.60. It traded between ₹710.30 and ₹1,483.80 and is 14.2% below its high.
Who are Finolex Cables's competitors?
The largest listed companies in the same industry are Contemporary Amperex Technology, ABB, Vertiv and Delta Electronics (Thailand) Public. The peers table on this page compares their profit, growth and price with Finolex Cables's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.