| Management target | Revenue FY28 |
|---|
| Revenue growth | 44% YoY growth to ₹2,013 Cr, primarily organic and volume-led. |
|---|---|
| Margins | EBITDA margin up to 13.4%; communication margins (30%) likely to normalize. |
| Demand visibility | Strong visibility from 5G rollouts, data centers, and hyper-scalers. |
| Management confidence | Balanced; optimistic on data centers, cautious on sustaining high margins. |
Growth
Revenue grew 44% YoY to ₹2,013 Cr. Growth was volume-led in electrical cables (high double-digits) and communication cables (30% volume growth).
Outlook
Capex of ₹300 Cr planned for FY27. Target of ₹500 Cr FMEG revenue by FY28 remains unchanged.
Risks
Normalization of high communication margins; reliance on volatile raw material pricing (Germanium, fuel); slowing building wire volumes.
Last quarter's promises, checked
Delivered
- Guided preform plant commissioning by mid-March → delivered as commissioned in March (= BEAT)
- Guided fiber draw expansion to 8M km by Q2 FY27 → delivered 10M km target expansion (= BEAT)
- Guided export revenue share to climb → delivered ₹50 Cr in Q1 (= BEAT)
Partly delivered
- Guided ₹300 Cr total capex for FY27 → delivered ₹300 Cr plan remains on track (= PARTIAL)
Missed
- Guided FY26 revenue potential ₹650 Cr for communication → delivered ~₹500 Cr (= MISS)
Earnings Call Transcript filed with BSE, NSE: FINCABLES. Summary written with AI assistance from the document.
Finolex Cables Ltd: key numbers
- Share price
- ₹1,268.40
- Market cap
- ₹19,399 Cr
- Revenue (annual)
- ₹6,321 Cr
- Net profit (annual)
- ₹713.7 Cr
- P/E (TTM)
- 21.3×Sector 44.3×
- Promoter holding
- 35.86%+0.00% QoQ
- FII holding
- 9.63%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Finolex Cables Ltd
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Finolex Cables Ltd reported revenue from operations of ₹2,269 Cr (+64.9% YoY) and net profit of ₹272.9 Cr (+67.8% YoY) for Q2 FY27.
- Key figure
- Net profit ₹272.9 Cr · +67.8% YoY
Finolex Cables Board Meeting Date
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Finolex Cables Other Announcement
Finolex Cables Limited filed its shareholding pattern for the quarter ended September 30, 2026, as required under SEBI regulations.
Finolex Cables Management Change
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