| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 2,013 | 1,396 | +44.3% |
| EBITDA | 244 | 136 | +79.0% |
| EBITDA margin | 12.1% | 9.8% | +2.4 pts |
| Profit before tax | 314 | 176 | +78.3% |
| Net profit | 249 | 163 | +53.1% |
| EPS | ₹16.28 | ₹10.63 | +53.2% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 17,585 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 2,038 | 2,038 | 2,414 | 2,273 | 1,413 | ||
| 19.1 | 19.1 | 20.0 | 4.3 | 13.6 | ||
| 15,565 | — | — | — | — | ||
| 6,939 | 6,321 | 5,319 | 5,014 | 4,481 | ||
| — | +18.8% | +6.1% | +11.9% | — | ||
| 727 | 620 | 541 | 588 | 509 | ||
| 10.5% | 9.8% | 10.2% | 11.7% | 11.4% | ||
| 660 | 560 | 495 | 544 | 463 | ||
| 800 | 714 | 701 | 652 | 504 | ||
| 11.5% | 11.3% | 13.2% | 13.0% | 11.3% | ||
| ₹52.31 | ₹46.66 | ₹45.82 | ₹42.61 | ₹32.97 | ||
| — | +1.8% | +7.5% | +29.2% | — | ||
| — | 49.1 | 207 | 577 | 356 | ||
| — | −154 | −236 | −219 | −31.0 | ||
| −105 | −105 | −29.2 | 358 | 325 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 17,584.7 | |
| - Cash, Equiv & ST Investments | 1,413.2 | 2,272.7 | 2,414.4 | 2,038.4 | 2,038.4 | |
| + Total Debt | 13.6 | 4.3 | 20.0 | 19.1 | 19.1 | |
| Enterprise Value | — | — | — | — | 15,565.4 | |
| Revenue | 4,481.1 | 5,014.4 | 5,318.9 | 6,321.0 | 6,938.6 | |
| Growth %, YoY | — | +11.9 | +6.1 | +18.8 | — | |
| EBITDA | 509.4 | 588.2 | 541.3 | 619.5 | 727.3 | |
| Margin % | 11.37 | 11.73 | 10.18 | 9.80 | 10.48 | |
| EBIT | 463.0 | 544.4 | 494.7 | 560.1 | 660.1 | |
| Net Income | 504.3 | 651.7 | 700.8 | 713.7 | 800.1 | |
| Margin % | 11.25 | 13.00 | 13.18 | 11.29 | 11.53 | |
| EPS, Adj (current shares) | 32.97 | 42.61 | 45.82 | 46.66 | 52.31 | |
| Growth %, YoY | — | +29.2 | +7.5 | +1.8 | — | |
| Cash from Operations | 356.3 | 576.9 | 207.3 | 49.1 | — | |
| Capital Expenditures | -31.0 | -218.6 | -236.4 | -154.3 | — | |
| Free Cash Flow | 325.3 | 358.3 | -29.2 | -105.2 | -105.2 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Finolex Cables (NSE: FINCABLES) had a market capitalisation of ₹17,826 crore at the 29 October 2026 close (₹1,165.50 a share), a PE ratio of 22.3 on the last four quarters' profit and a price-to-book ratio of 2.93. In FY26 its consolidated net profit was ₹714 crore on revenue of ₹6,321 crore; in Q1 FY27 (April–June 2026) it was ₹249 crore, up 53.1% year on year. Its debt-to-equity ratio was 0.00 on 31 March 2026. Promoters held 35.86% of the shares on 30 September 2026.
Finolex Cables' PE ratio is 22.3 at the 29 October 2026 close (₹1,165.50 a share): a market capitalisation of ₹17,826 crore divided by consolidated net profit of ₹800 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹714 crore) it is 25.0. These four quarters include net exceptional items of ₹186 crore (one-off gains reported separately), so the ratio on recurring profit would differ.
Finolex Cables' price-to-book (PB) ratio is 2.93 at the 29 October 2026 close: a market capitalisation of ₹17,826 crore divided by shareholders' equity (book value) of ₹6,086 crore on 31 March 2026. That is a book value of ₹397.90 per share against a share price of ₹1,165.50.
In FY26, Finolex Cables' return on equity (ROE) was 12.3% and its return on capital employed (ROCE) was 8.8%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 13.4% and ROCE 8.6%.
Finolex Cables' market capitalisation was ₹17,826 crore at the 29 October 2026 close: 15.3 crore shares at ₹1,165.50 each.
Finolex Cables' basic earnings per share (EPS) were ₹46.67 in FY26, against ₹45.82 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹52.31.
In 2026, Finolex Cables has declared one dividend: ₹9 with record date 4 September 2026.
No. Finolex Cables had borrowings of ₹19.1 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.00. Its cash and current investments were ₹2,043 crore, so it held net cash of ₹2,024 crore.
Finolex Cables' debt-to-equity ratio was 0.00 on 31 March 2026: borrowings of ₹19.1 crore against total equity of ₹6,086 crore. A year earlier, on 31 March 2025, it was 0.00.
Promoters held 35.86% of Finolex Cables on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
Finolex Cables' net worth — shareholders' equity in its consolidated balance sheet — was ₹6,086 crore on 31 March 2026, up 10.7% from ₹5,495 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹17,826 crore at the 29 October 2026 close.
Finolex Cables' dividend yield is 0.77% at the 29 October 2026 close: dividends of ₹9 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹1,165.50. They were ₹9 on 4 September 2026.
In FY26, Finolex Cables generated ₹49.1 crore of cash from operations and spent ₹154 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹105 crore. In FY25 it was −₹29.2 crore.
Finolex Cables' book value per share was ₹397.90 on 31 March 2026: shareholders' equity of ₹6,086 crore divided by the 15.3 crore shares in issue, up 10.7% from ₹359.28 a year earlier. The share price at the 29 October 2026 close was ₹1,165.50.
Finolex Cables' latest results are for Q1 FY27 (April–June 2026), filed on 11 August 2026: consolidated net profit ₹249 crore, up 53.1% from ₹163 crore in Q1 FY26; revenue from operations ₹2,013 crore, up 44.3% year on year.
In FY26 (April 2025–March 2026), Finolex Cables' consolidated net profit was ₹714 crore, up 1.8% from ₹701 crore in FY25, on revenue from operations of ₹6,321 crore (up 18.8%). Over three years, from FY23, net profit was up 41.5%.
On 30 September 2026, Finolex Cables' shares were held by promoters 35.86%, foreign portfolio investors (FII/FPI) 9.63%, domestic institutions (DII) 16.93% (including mutual funds at 12.44%) and retail and other non-institutional investors 37.59%. Over the year, FII holding was down 0.27 percentage points from 9.90% and DII holding was up 1.05 percentage points from 15.88%.
At the 29 October 2026 closing prices, on FY26 net profit, Finolex Cables' PE ratio is 25.0, the lowest of the four: Polycab India 43.7, KEI Industries 39.9 and Havells India 37.9, a peer average of 40.5. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, Finolex Cables earned net profit of ₹714 crore on revenue of ₹6,321 crore, against ₹2,672 crore on ₹28,884 crore for Polycab India. Finolex Cables' operating margin was 8.9% (Polycab India 12.5%) and its return on equity 12.3% (Polycab India 24.5%). At the 29 October 2026 close, Finolex Cables' market capitalisation was ₹17,826 crore against ₹1,16,711 crore for Polycab India, and its PE ratio on FY26 profit 25.0 against 43.7.
Finolex Cables has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.
On FY26 consolidated figures, against Polycab India, KEI Industries and Havells India: Finolex Cables' operating margin of 8.9% is the third highest of the four (Polycab India 12.5%, KEI Industries 9.7%, Havells India 7.9%; peer average 10.0%); its return on equity of 12.3% is the lowest of the four (Polycab India 24.5%, KEI Industries 14.8%, Havells India 19.0%; peer average 19.4%); its revenue growth over three years of 12.2% a year is the third highest of the four (Polycab India 27.0% a year, KEI Industries 19.3% a year, Havells India 10.0% a year; peer average 18.8% a year).
From Finolex Cables' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.