Finolex Cables Limited Share Price and Company Fundamentals



Price
₹574.55
Change
21.950 (3.972%)
52 week
343.5 - 596.55

Last traded: Today at 10:00 AM

Finolex Cables Limited manufactures and sells 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 offers electrical cables, such as 1100V and motor winding PVC insulated, automotive/battery, UPS, elevator, and solar cables, as well as heavy duty, underground, low and high voltage, power, and control cables; and communication cables, including optic fiber, coaxial, local area network, CCTV, speaker, jelly filled telephone, PE insulated telephone, and V-SAT cables. The company also provides copper rods; electrical switches, sockets, regulators, etc.; and retrofit and non-retrofit CFL lamps, T5 tube lights, and fittings, as well as LED based lighting solutions. In addition, it offers ceiling, table, wall, pedestal, and exhaust fans; switchgear products, such as miniature and residual current circuit breakers, molded case circuit breakers, and distribution boards; conduit pipes and fittings; and water heaters. Further, the company offers its products through online retail stores. Finolex Cables Limited was founded in 1958 and is based in Pune, India.

Key Metrics

PE ratio

16.35

PB ratio

2.21

Dividend yield

0.00%

Beta

0.83

Market cap

-

Enterprise value

-

Company profile

Industry / Sector Electrical Equipment & Parts / Industrials
Full time employees 1589
Website https://www.finolex.com
Mailing address 26-27, Mumbai-Pune Road Pimpri Pune 411018 India
Phone / Fax 91 20 2747 5963 / 91 20 2747 0344

Dividends

Dividend yield

0.00%

Dividend amount

₹0.00

Payout ratio

16.92%

5Y Avg. yield

1.15%

Finolex Cables Limited paid ₹0.00 dividend and the ex-dividend date was 15 Sept 2022.The dividend payout ratio is 16.92%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.FINCABLES dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

FINCABLES's forward dividend amount is ₹6 and the forward dividend yield is 1.03%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Dec 2022, following are the company executives and directors listed on Finolex Cables Limited.

Name Title Age Total Pay
Mr. Deepak Kishandas Chhabria Exec. Chairman 58 99.15M
Mr. Mahesh Viswanathan A.C.A., B.Com ACA, B.Com. CFO & Deputy CEO 61 37.92M
Mr. Ratnakar Prakash Barve Exec. Director of Operations & Exec. Director 54 1.7M
Mr. Richard George D'Silva Pres of Legal & Company Sec.
Mr. Kamlesh M. Shinde Assistant Company Sec. & Compliance Officer 45
Mr. Vijay Kishan Chhabria Managing Director of Finolex Plasson Industries Limited

Profitability and management effectiveness

Profit margin

12.71%

Operating margin

9.71%

Return on assets

5.85%

Return on equity

14.29%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Finolex Cables Limited is and its enterprise value is .

The FINCABLES's stocks Beta value is 0.83 making it 17% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Finolex Cables Limited (NSE:FINCABLES) Frequently Asked Questions

1. What is Finolex Cables Limited's Stock Symbol?

Finolex Cables Limited trades on NSE under the ticker symbol "FINCABLES".

2. What is Finolex Cables Limited's stock price today?

One share of FINCABLES stock can currently be purchased for approximately ₹574.55.

3. How can I contact Finolex Cables Limited?

Finolex Cables Limited's mailing address is 26-27, Mumbai-Pune Road Pimpri Pune 411018 India. The company can be reached via phone at 91 20 2747 5963.

4. What is Finolex Cables Limited's official website?

The official website of Finolex Cables Limited is https://www.finolex.com.