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Earnings Call

Finolex Cables Earnings Call: Key Takeaways

Finolex Cables delivered a strong Q4 revenue beat driven by non-electrical segments, though raw material volatility and geopolitical supply chain disruptions in the Middle East pressured margins toward year-end.

Highlights
Revenue growth22% YoY Q4 revenue growth driven by electrical segment volumes.
MarginsMargins pressured by Middle East disruptions and rising raw material costs.
Order bookJV with Sumitomo holds ₹380cr order book; turn-key project focus.
Demand visibilityStrong visibility in data centers and solar; agriculture remains seasonally weak.
Management confidenceCautiously optimistic; focused on capacity expansion and segment diversification.

Growth

Revenue grew 22% YoY; electrical cables up 22%, but agricultural volumes dropped 15-16% due to monsoon impacts.

Outlook

Planned ₹300cr capex for FY26 capacity expansion; fiber capacity doubling to 8 million km by Q2.

Risks

Raw material cost spikes and supply chain bottlenecks for preform/fiber; heavy dependence on erratic copper pricing.

Source

Earnings Call filed with NSE, NSE: FINCABLES. Summary written with AI assistance from the document.

Read the document ↗

Finolex Cables Ltd: key numbers

Share price
₹1,460.90
Market cap
₹22,343 Cr
Revenue (annual)
₹6,321 Cr
Net profit (annual)
₹713.7 Cr
P/E (TTM)
27.9×Sector 45.9×
Promoter holding
35.86%+0.00% QoQ
FII holding
9.65%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Finolex Cables Annual Report

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Finolex Cables Q1 FY27 Results: Net Profit ₹249 Cr, Up 53.1% YoY

Finolex Cables Ltd reported revenue from operations of ₹2,013 Cr (+44.3% YoY) and net profit of ₹249 Cr (+53.1% YoY) for Q1 FY27.

Key figure
Net profit ₹249 Cr · +53.1% YoY