ALFA Finder| Revenue growth | +65% YoY to ₹2,269 Cr; +13% QoQ. |
|---|---|
| Margins | EBITDA margin 13.6%, +322 bps YoY; fibre margins expected to normalise. |
| Order book | Booked for another quarter and a half; no peer comparison. |
| Demand visibility | Strong overseas fibre demand; global majors booked until end-2027. |
| Management confidence | Balanced: candid on margin normalisation, guarded on UltraTech. |
Growth
Revenue +65% YoY, +13% QoQ. Communication cables +116% YoY, mainly volume-led; electrical +65%.
Outlook
Fibre capacity to 8 mn km and solar to 10,000 km/month; sustainable margin ~11–11.5%; no revenue guidance.
Risks
Management says ~30% fibre-segment margins won't last. UltraTech's entry, the ₹460 Cr inventory build and negative H1 operating cash flow are bear triggers.
Last quarter's promises, checked
Partly delivered
- Guided ~INR 300 Cr FY27 capex → 'most capex spent', amount undisclosed (= PARTIAL)
- Guided comm margin ~30% normalising to low-double-digit by year-end → sustainable ~11–11.5% guided, comm margin undisclosed (= PARTIAL)
- Guided electrical margin ~10.5% sustainable → consolidated EBITDA 13.6%, not like-for-like (= PARTIAL)
Missed
- Guided 8 mn km draw capacity by Sep-26 → still listed as future guidance in current call (= MISS)
Earnings Call Transcript filed with NSE, NSE: FINCABLES. Summary written with AI assistance from the document.
Finolex Cables Ltd: key numbers
- Share price
- ₹1,270.00
- Market cap
- ₹19,423 Cr
- Revenue (annual)
- ₹6,321 Cr
- Net profit (annual)
- ₹713.7 Cr
- P/E (TTM)
- 21.3×Sector 42.6×
- 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
All →Finolex Cables Investor Presentation: Key Takeaways
Q2 FY27 standalone revenue Rs 2,269 Cr (+65% YoY), PAT Rs 286 Cr (+53%), EBITDA margin 13.6%. H1 PAT Rs 508 Cr (+56%). Net-zero debt balance sheet.
Finolex Cables Board Meeting Outcome
Finolex Cables' board approved amending its insider trading code of conduct on 7 November 2026. Amended code was filed under PIT Regulation 8(2).
Finolex Cables Q2 FY27 Results: Net Profit ₹272.9 Cr, Up 67.8% YoY
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
Finolex Cables has scheduled a board meeting on 7 November 2026 to consider unaudited standalone and consolidated results for the quarter ended September 2026. The trading window is closed from 1 October to 9 November 2026.
Finolex Cables Other Announcement
Finolex Cables reported a designated person's contra trades under SEBI PIT Regulations. The company disgorged Rs 423.75 of profit to the IPEF after issuing a warning letter.
Finolex Cables Other Announcement
Finolex Cables Limited filed its shareholding pattern for the quarter ended September 30, 2026, as required under SEBI regulations.