Finolex Cables Ltd.

NSE: FINCABLES BSE: 500144 SECTOR: Cable  87k   699   96

535.70
-6.10 (-1.13%)
NSE: Today, 03:56 PM

Price Summary

Today's High

₹ 544.35

Today's Low

₹ 528.85

52 Week High

₹ 593.9

52 Week Low

₹ 343.5

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

8192.96 Cr.

Enterprise Value

8155.33 Cr.

No. of Shares

15.29 Cr.

P/E

18.96

P/B

2.4

Face Value

₹ 2

Div. Yield

1.11 %

Book Value (TTM)

₹  223.45

CASH

37.94 Cr.

DEBT

0.31 Cr.

Promoter Holding

35.92 %

EPS (TTM)

₹  28.25

Sales Growth

36.13%

ROE

13.02 %

ROCE

17%

Profit Growth

43.03 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year36.13%
3 Year6.98%
5 Year9.04%

Profit Growth

1 Year43.03%
3 Year5.55%
5 Year5.08%

ROE%

1 Year13.02%
3 Year12.87%
5 Year14.21%

ROCE %

1 Year17%
3 Year16.78%
5 Year19.64%

Debt/Equity

0.0001

Price to Cash Flow

17.32

Interest Cover Ratio

347.460526315789

CFO/PAT (5 Yr. Avg.)

0.717503501146591

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2022 35.92 0
Sep 2022 35.92 0
Jun 2022 35.92 0
Mar 2022 35.92 0
Dec 2021 35.92 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 347.460526315789.
  • Company’s PEG ratio is 0.440682020846057.
  • The company has an efficient Cash Conversion Cycle of 62.8250043242114 days.
  • Company has a healthy liquidity position with current ratio of 9.525830069811.

 Limitations

  • The company has shown a poor profit growth of 5.5491775652178% for the Past 3 years.
  • The company has shown a poor revenue growth of 6.97837957551124% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
Net Sales 932.98 972.95 1186.85 1015.65 1090.83
Total Expenditure 813.39 864.25 1070.27 901.98 997.95
Operating Profit 119.59 108.7 116.58 113.67 92.88
Other Income 97.72 18.59 19.95 17.16 106.17
Interest 0.15 0.09 1.14 0.13 0.13
Depreciation 9.93 10.05 8.98 9.37 10.69
Exceptional Items 0 0 0 0 0
Profit Before Tax 207.23 117.15 126.41 121.33 188.23
Tax 57.5 21.95 21.81 25.76 51.51
Profit After Tax 149.73 95.2 104.6 95.57 136.72
Adjusted EPS (Rs) 9.79 6.22 6.84 6.25 8.94

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 2815.12 3077.79 2877.3 2768.11 3768.14
Total Expenditure 2398.28 2649.17 2507.4 2413.26 3352.96
Operating Profit 416.84 428.62 369.9 354.85 415.18
Other Income 132.88 144.71 171.89 76.99 151.81
Interest 1.44 0.92 1.55 0.76 1.52
Depreciation 43.8 40.55 38.91 38.96 38.85
Exceptional Items 0 0 0 0 0
Profit Before Tax 504.48 531.86 501.33 392.12 526.62
Tax 146.28 187.77 98.85 109.23 122.01
Net Profit 358.2 344.09 402.48 282.89 404.61
Adjusted EPS (Rs.) 23.42 22.5 26.31 18.5 26.45

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 30.59 30.59 30.59 30.59 30.59
Total Reserves 2163.31 2409.08 2688.04 2920.12 3233.2
Borrowings 0.55 0.38 0.34 0.31 0.28
Other N/C liabilities 41.9 67.76 53.9 50 42.46
Current liabilities 239.7 261.19 238.92 250.74 293.65
Total Liabilities 2476.05 2769 3011.79 3251.76 3600.18
Assets
Net Block 408.99 404.21 386.53 394.43 380.18
Capital WIP 5.2 10.36 27.29 25.71 86.77
Intangible WIP 0 0 0 0 0
Investments 513.84 613.95 479.34 428.2 293.13
Loans & Advances 19.98 28.73 30.05 41.59 24
Other N/C Assets 18.16 19.73 19.41 18.45 18.84
Current Assets 1509.88 1692.02 2069.17 2343.38 2797.26
Total Assets 2476.05 2769 3011.79 3251.76 3600.18
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 504.48 531.86 501.33 392.12 526.62
Adjustment -42.05 -67.31 -82.22 -4.8 -71.09
Changes in Assets & Liabilities -92.25 -148.93 -0.59 -155.86 149.48
Tax Paid -134.5 -161.56 -109.72 -117.09 -131.96
Operating Cash Flow 235.68 154.06 308.8 114.37 473.05
Investing Cash Flow -134.46 -110.03 587.26 -859.46 -378.34
Financing Cash Flow -56.75 -74.52 -86.42 -86.33 -86.92
Net Cash Flow 44.47 -30.49 809.64 -831.42 7.79

Corporate Actions

Investors Details

PARTICULARS Dec 2021% Mar 2022% Jun 2022% Sep 2022% Dec 2022%
Promoters 35.92 35.92 35.92 35.92 35.92
orbit electricals ... 30.75 30.75 30.75 30.75 30.75
katara aruna mukesh - - 1.84 1.84 1.84
aruna katara 1.84 1.84 - - -
deepak kishan chha... 0.79 0.79 0.79 0.79 0.79
sunita kishandas c... 0.76 0.76 0.76 0.76 0.76
kishandas parashra... 0.45 0.45 0.45 0.45 0.45
prakash pralhad c... 0.54 0.54 0.54 0.54 0.54
vijay kishandas ch... 0.35 0.35 0.35 0.35 0.35
gayatri prakash ch... 0.07 0.07 0.07 0.07 0.07
hansika hiya praka... 0.07 0.07 0.07 0.07 0.07
amit m katara - 0.06 0.06 - -
amrita mukesh kata... - 0.06 0.06 0.06 0.06
ritu prakash chhab... 0.06 0.06 0.06 0.06 0.06
amrita katara 0.06 - - - -
katara amrita muke... - - - - -
katara amit mukesh 0.06 - - 0.06 0.06
vini deepak chhabr... 0.02 0.02 0.02 0.02 0.02
radhika deepak chh... 0.02 0.02 0.02 0.02 0.02
katara mukesh dolu... 0.02 0.02 0.02 0.02 0.02
priya vijay chhabr... 0.01 0.01 0.01 0.01 0.01
rishi vijay chhabr... 0.01 0.01 0.01 0.01 0.01
karan vijay chhabr... 0.01 0.01 0.01 0.01 0.01
katara dental pvt.... 0.01 0.01 0.01 0.01 0.01
PARTICULARS Dec 2021% Mar 2022% Jun 2022% Sep 2022% Dec 2022%
Investors 64.08 64.08 64.08 64.08 64.08
finolex industrie... 14.53 14.53 - 14.53 -
finolex industries... - - 14.53 - 14.53
franklin india tax... - - - - -
franklin india equ... 3.70 - - - -
dsp small cap fund - - 1.66 1.58 1.58
dsp value fund - - - - -
dsp midcap fund 4.48 - - - -
nippon life india ... - - - - 4.43
nippon life india ... 2.94 - 4.39 - -
nippon life india ... - - - 4.39 -
dsp india t.i.g.e.... - 3.61 - - -
l and t mutual fun... 2.24 - - - -
templeton india va... - 3.46 3.46 3.10 2.20
anil ramchand chha... 3.12 3.12 3.12 3.12 3.12
nippon life india ... - 3.23 - - -
l&t mutual fund tr... - 2.19 - - -
qualified institut... - - - - -
hdfc trustee co. l... 1.66 - 2.30 - -
hsbc infrastructur... - - - - 2.23
l&t mutual fund tr... - - 2.01 - -
hdfc life insuranc... 1.80 1.82 1.82 1.82 1.82
l and t mutual fun... - - - 1.94 -
gopichand parmanan... 1.89 1.89 1.89 1.89 1.89
lgof global opport... 1.89 1.89 1.89 1.89 1.89
hdfc trustee co lt... - 1.73 - - -
leela ramchand chh... 1.17 1.17 1.17 1.17 1.17
investor education... - - - - 0.23
iepf 0.20 0.23 0.23 - -

Annual Reports

Ratings & Research Reports

Company Presentations

  • ConcallQ1FY20 24 Jun 2020
  • ConcallQ1FY21 18 Feb 2021
  • PresentationQ4FY21 29 Jul 2021
  • PresentationQ3FY20 24 Jun 2020
  • PresentationQ2FY22 22 Nov 2021
  • PresentationQ4FY22 21 Jun 2022
  • PresentationQ4FY22 21 Jun 2022
  • PresentationQ2FY21 20 Nov 2020
  • PresentationQ3FY21 18 Feb 2021
  • PresentationQ2FY23 11 Nov 2022
  • PresentationQ4FY20 1 Jul 2020

Company News

Finolex Cables informs about certificate12 Jan 2023, 12:21PM Finolex Cables launches electric irons5 Jan 2023, 2:38PM Finolex Cables informs about resignation of director30 Dec 2022, 3:52PM Finolex Cables informs about loss of shares certificate8 Dec 2022, 4:59PM Finolex Cables informs about group investors meet 17 Nov 2022, 10:05AM Finolex Cables reports 62% fall in Q2 consolidated net profit9 Nov 2022, 4:11PM Finolex Cables - Quaterly Results9 Nov 2022, 1:41PM Finolex Cables - Quaterly Results9 Nov 2022, 1:41PM Finolex Cables - Quaterly Results9 Nov 2022, 1:41PM Finolex Cables informs about outcome of AGM29 Sep 2022, 3:12PM Finolex Cables informs about disclosures2 Sep 2022, 5:01PM Finolex Cables informs about AGM25 Aug 2022, 4:21PM Finolex Cables - Quaterly Results12 Aug 2022, 2:00PM Finolex Cables - Quaterly Results12 Aug 2022, 2:00PM Finolex Cables - Quaterly Results12 Aug 2022, 2:00PM Finolex Cables informs about certificate14 Jul 2022, 10:08AM Finolex Cables informs about investor presentation4 Jun 2022, 3:45PM Finolex Cables - Quaterly Results28 May 2022, 2:54PM Finolex Cables - Quaterly Results28 May 2022, 2:54PM Finolex Cables - Quaterly Results28 May 2022, 2:54PM Finolex Cables informs about non-applicability of large corporate entity 25 Apr 2022, 12:25PM Finolex Cables - Quaterly Results9 Feb 2022, 2:21PM Finolex Cables - Quaterly Results9 Feb 2022, 2:21PM Finolex Cables - Quaterly Results9 Feb 2022, 2:21PM Finolex Cables reports 41.39% jump in Q2 consolidated net profit12 Nov 2021, 4:48PM Finolex Cables informs about press release11 Nov 2021, 10:51AM Finolex Cables enters into room heater segment 11 Nov 2021, 10:11AM Finolex Cables informs about annual report6 Sep 2021, 3:48PM Finolex Cables informs about 53rd AGM 6 Sep 2021, 1:49PM Finolex Cables informs about disclosure of related party transactions24 Jul 2021, 2:04PM Finolex Cables informs about certificate 9 Jul 2021, 11:17AM Finolex Cables informs about board meeting16 Jun 2021, 4:49PM Finolex Cables informs about non-applicability of large corporate entity19 May 2021, 3:40PM Finolex Cables strengthens FMEG portfolio4 Mar 2021, 1:17PM Finolex Cables informs about press release4 Mar 2021, 12:14PM Finolex Cables adds conduit and fittings to its repertoire17 Feb 2021, 3:15PM Finolex Cables informs about presentation 17 Feb 2021, 12:06PM Finolex Cables informs about closure of trading window19 Dec 2020, 4:00PM Finolex Cables eyeing Rs 500 crore revenue from new business vertical by FY22 8 Dec 2020, 9:09AM Finolex Cables informs about press release27 Nov 2020, 5:09PM Finolex Cables introduces Anti Bacteria fans27 Nov 2020, 4:57PM Finolex Cables informs about investor presentation19 Nov 2020, 11:06AM Finolex Cables informs about outcome of board meeting11 Nov 2020, 4:22PM Finolex Cables attains average increase in productivity4 Nov 2020, 1:12PM Finolex Cables informs about certificate17 Oct 2020, 10:36AM Finolex Cables informs about closure of trading window28 Sep 2020, 10:35AM Finolex Cables submits annual report4 Sep 2020, 1:13PM Finolex Cables informs about disclosure of material impact of covid-19 3 Jul 2020, 3:52PM Finolex Cables informs about newspapers cutting 29 Jun 2020, 3:29PM Finolex Cables informs about compliance certificate18 May 2020, 10:57AM

Finolex Cables Stock Price Analysis and Quick Research Report. Is Finolex Cables an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a LOW P/E are undervalued (it depends on other factors too). Finolex Cables has a PE ratio of 18.9612209936147 which is high and comparatively overvalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Finolex Cables has ROA of 11.8100859026787 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Finolex Cables has a Current ratio of 9.525830069811 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Finolex Cables has a ROE of 13.0214820178615 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Finolex Cables has a D/E ratio of 0.0001 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Finolex Cables has an Inventory turnover ratio of 5.35053354253786 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Finolex Cables has reported revenue growth of 36.1268157696045 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Finolex Cables for the current financial year is 11.0181681147728 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Finolex Cables is Rs 6 and the yield is 1.1295 %.

Brief about Finolex Cables

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