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Finolex Cables share price

Finolex Cables Ltd.

NSE: FINCABLES BSE: 500144 SECTOR: Cable  2.46 L   942   126

832.45
+1.60 (0.19%)
BSE: 19 Sep 04:01 PM

Price Summary

Today's High

₹ 858.45

Today's Low

₹ 830

52 Week High

₹ 1558

52 Week Low

₹ 720.05

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
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

12731.44 Cr.

Enterprise Value

12586.84 Cr.

No. of Shares

15.29 Cr.

P/E

22.71

P/B

2.69

Face Value

₹ 2

Div. Yield

0.96 %

Book Value (TTM)

₹  309.79

CASH

145.47 Cr.

DEBT

0.87 Cr.

Promoter Holding

35.86 %

EPS (TTM)

₹  36.66

Sales Growth

6.07%

ROE

12.37 %

ROCE

16.24%

Profit Growth

-4.76 %

* 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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Index Presence

The company is present in 19Indices.

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 Year6.07%
3 Year12.18%
5 Year13.08%

Profit Growth

1 Year-4.76%
3 Year10.4%
5 Year6.23%

ROE%

1 Year12.37%
3 Year13.73%
5 Year12.84%

ROCE %

1 Year16.24%
3 Year17.96%
5 Year16.95%

Debt/Equity

0.0002

Price to Cash Flow

61.43

Interest Cover Ratio

428.2754

CFO/PAT (5 Yr. Avg.)

0.749544515972307

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2025 35.86 0.00
Mar 2025 35.86 0.00
Dec 2024 35.86 0.00
Sep 2024 35.86 0.00
Jun 2024 35.86 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 428.2754.
  • The company has an efficient Cash Conversion Cycle of 38.5526 days.
  • Company has a healthy liquidity position with current ratio of 4.5383.

 Limitations

  • The company has shown a poor revenue growth of 12.1753656724338% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025
Net Sales 1230.48 1311.72 1182.11 1594.58 1395.52
Total Expenditure 1110.13 1213.21 1053.09 1428.29 1264.75
Operating Profit 120.35 98.51 129.02 166.29 130.77
Other Income 46.33 101.83 44.74 54.76 54.12
Interest 0.4 0.38 0.39 0.5 0.42
Depreciation 10.71 11.75 11.73 12.42 13.71
Exceptional Items 0 0 0 0 0
Profit Before Tax 155.57 188.21 161.64 208.13 170.76
Tax 33.06 42.12 37.7 56.27 31.94
Profit After Tax 122.51 146.09 123.94 151.86 138.82
Adjusted EPS (Rs) 8.01 9.55 8.1 9.93 9.08

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

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 2768.11 3768.14 4481.11 5014.39 5318.89
Total Expenditure 2413.26 3352.96 3985.98 4433.71 4809.72
Operating Profit 354.85 415.18 495.13 580.68 509.17
Other Income 76.99 151.81 198.55 218.05 252.66
Interest 0.76 1.52 1.24 2.03 1.67
Depreciation 38.96 38.85 46.4 43.85 46.61
Exceptional Items 0 0 0 0 0
Profit Before Tax 392.12 526.62 646.04 752.85 713.55
Tax 109.23 122.01 144.3 181.25 169.15
Net Profit 282.89 404.61 501.74 571.6 544.4
Adjusted EPS (Rs.) 18.5 26.45 32.8 37.37 35.59

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 30.59 30.59 30.59 30.59 30.59
Total Reserves 2920.12 3233.2 3679.05 4175.29 4568.52
Borrowings 0.31 0.28 0.25 0.81 0.8
Other N/C liabilities 50 42.46 706.98 659 683.58
Current liabilities 250.74 293.65 936.13 1089.7 967.45
Total Liabilities 3251.76 3600.18 5353 5955.39 6250.94
Assets
Net Block 394.43 380.18 434.95 444.5 583.42
Capital WIP 25.71 86.77 21.04 167.51 209.94
Intangible WIP 0 0 0 0 0.54
Investments 428.2 293.13 366.98 396.77 355.7
Loans & Advances 60.04 42.84 702.31 644.51 657.96
Other N/C Assets 0 0 0.09 0.36 52.82
Current Assets 2343.38 2797.26 3827.63 4301.74 4390.56
Total Assets 3251.76 3600.18 5353 5955.39 6250.94
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations 392.12 526.62 646.04 752.85 713.55
Adjustment -4.8 -71.09 -124.93 -156.04 -185.64
Changes in Assets & Liabilities -155.86 149.48 -33.03 140.19 -179.72
Tax Paid -117.09 -131.96 -131.77 -160.1 -140.94
Operating Cash Flow 114.37 473.05 356.31 576.9 207.25
Investing Cash Flow -859.46 -378.34 -224.64 -439.57 -82.09
Financing Cash Flow -86.33 -86.92 -96.65 -111.66 -128.11
Net Cash Flow -831.42 7.79 35.02 25.67 -2.95

Corporate Actions

Investors Details

PARTICULARS Jun 2024% Sep 2024% Dec 2024% Mar 2025% Jun 2025%
promoters 35.86 35.86 35.86 35.86 35.86
amit m katara - 0.06 0.06 0.06 0.06
amrita mukesh katara 0.06 - - - 0.06
aruna katara - - - - 1.84
deepak kishan chhabria 0.79 0.79 0.79 0.79 0.79
gayatri prakash chhabria 0.07 0.07 0.07 0.07 0.07
hansika hiya prakash chha... 0.07 0.07 0.07 0.07 0.07
janak deepak chhabria 0.20 0.20 0.20 0.20 0.20
karan vijay chhabria 0.01 0.01 0.01 0.01 0.01
katara dental pvt.ltd. - - - - 0.01
katara mukesh dolumal 0.02 0.02 0.02 0.02 0.02
kishandas parashram chhab... 0.45 0.45 0.45 0.45 0.45
orbit electricals private... 30.70 30.70 30.70 30.70 30.70
prakash pralhad chhabria... 0.54 0.54 0.54 0.54 0.54
priya vijay chhabria 0.01 0.01 0.01 0.01 0.01
radhika deepak chhabria 0.02 0.02 0.02 0.02 0.02
rishi vijay chhabria 0.01 0.01 0.01 0.01 0.01
ritu prakash chhabria 0.06 0.06 0.06 0.06 0.06
sunita kishandas chhabria... 0.56 0.56 0.56 0.56 0.56
vijay kishandas chhabria 0.35 0.35 0.35 0.35 0.35
vini deepak chhabria 0.02 0.02 0.02 0.02 0.02
amrita katara - 0.06 0.06 0.06 -
katara aruna mukesh 1.84 1.84 1.84 1.84 -
katara dental pvt. ltd. 0.01 0.01 0.01 0.01 -
katara amit mukesh 0.06 - - - -
PARTICULARS Jun 2024% Sep 2024% Dec 2024% Mar 2025% Jun 2025%
investors 64.14 64.14 64.14 64.14 64.14
anil ramchand chhabria 3.09 3.09 3.09 3.09 3.09
finolex industries limit... 14.51 14.51 14.51 14.51 14.51
gopichand parmanand hindu... 1.88 - 1.88 1.88 1.88
hdfc life insurance compa... 1.42 1.42 1.42 1.57 1.75
hdfc mutual fund - hdfc d... - 1.93 - 1.96 1.97
hsbc infrastructure fund - - 2.53 2.53 2.53
investor education and pr... - 0.26 - 0.26 0.26
leela ramchand chhabria 1.16 1.16 1.16 1.16 1.16
lgof global opportunities... 1.88 1.88 1.88 1.88 1.88
nippon life india trustee... - 3.23 - 3.25 3.22
tata aia life insurance c... 2.69 - 2.63 2.56 2.24
hdfc mutual fund - hdfc s... - - 1.95 - -
investor education and pr... - - 0.27 - -
nippon life india trustee... - - 3.24 - -
hsbc flexi cap fund 2.84 2.78 - - -
tata aia life insurance c... - 2.65 - - -
hdfc mutual fund-hdfc hyb... 1.94 - - - -
nippon life india trustee... 3.22 - - - -

Annual Reports

Title Link
Title Link
Annual Report 2024
Annual Report 2023
Annual Report 2022
Annual Report 2021
Annual Report 2020
Annual Report 2019
Annual Report 2018
Annual Report 2017
Annual Report 2017
Annual Report 2017

Ratings & Research Reports

TYPE AGENCY Link
TYPE AGENCY Link
Credit CRISIL
Credit CRISIL
TYPE AGENCY Link
TYPE AGENCY Link
Research HDFC Securities
Research Geojit BNP Paribas

Concalls & Presentations

TYPE QUARTER Link
TYPE QUARTER Link
Concall Q4FY23
Concall Q3FY24
Concall Q1FY21
Concall Q1FY20
TYPE QUARTER Link
TYPE QUARTER Link
Presentation Q4FY24
Presentation Q4FY23
Presentation Q4FY22
Presentation Q4FY22
Presentation Q4FY21
Presentation Q4FY20
Presentation Q3FY24
Presentation Q3FY21
Presentation Q3FY20
Presentation Q2FY24
Presentation Q2FY23
Presentation Q2FY22
Presentation Q2FY21

Company News

Finolex Cables - Quaterly Results 12 Aug, 1:18 PM Finolex Cables - Quaterly Results 12 Aug, 1:18 PM Finolex Cables - Quaterly Results 12 Aug, 1:18 PM Finolex Cables informs about compliance certificate 7 Jul, 1:37 PM Finolex Cables informs about press release 2 Jul, 4:42 PM Finolex Cables informs about analyst meet outcome 3 Jun, 9:59 AM Finolex Cables - Quaterly Results 28 May, 3:12 PM Finolex Cables - Quaterly Results 28 May, 3:12 PM Finolex Cables - Quaterly Results 28 May, 3:12 PM Finolex Cables informs about clarification 19 Mar, 3:12 PM Finolex Cables informs about disclosure 27 Feb, 5:03 PM Finolex Cables - Quaterly Results 12 Feb, 1:53 PM Finolex Cables - Quaterly Results 12 Feb, 1:53 PM Finolex Cables - Quaterly Results 12 Feb, 1:53 PM Finolex Cables launches new product ‘FinoUltra’ 15 Jan, 10:59 AM Finolex Cables informs about compliance certificate 7 Jan, 5:02 PM Finolex Cables informs about loss of share certificate 21 Dec, 3:29 PM Finolex Cables informs about analyst meet 18 Nov, 1:29 PM Finolex Cables informs about audio recordings of analysts meet 15 Nov, 10:35 AM Finolex Cables informs about newspapers publication 13 Nov, 11:03 AM Finolex Cables - Quaterly Results 12 Nov, 3:02 PM Finolex Cables - Quaterly Results 12 Nov, 3:02 PM Finolex Cables - Quaterly Results 12 Nov, 3:02 PM Finolex Cables informs about loss of share certificate 22 Oct, 5:09 PM Finolex Cables informs about compliance certificate 7 Oct, 3:13 PM Finolex Cables informs about compliance certificate 7 Oct, 12:36 PM Finolex Cables informs about change in directorate 28 Sep, 3:08 PM Finolex Cables informs about change in directors 12 Sep, 11:28 AM Finolex Cables informs about audio recording of investor meet 16 Aug, 10:10 AM Finolex Cables informs about newspapers advertisement 12 Aug, 3:22 PM Finolex Cables - Quaterly Results 10 Aug, 1:15 PM Finolex Cables - Quaterly Results 10 Aug, 1:15 PM Finolex Cables - Quaterly Results 10 Aug, 1:15 PM Finolex Cables informs about board meeting 1 Aug, 12:20 PM Finolex Cables informs about newspaper advertisement 24 Jul, 5:17 PM Finolex Cables informs about liquidation 25 Jun, 11:57 AM Finolex Cables informs about investor meet 24 Jun, 12:50 PM Finolex Cables informs about loss of share certificate 20 Jun, 1:02 PM Finolex Cables informs about audio recording of analyst meet 28 May, 11:51 AM Finolex Cables submits analyst meet intimation 27 May, 4:21 PM Finolex Cables informs about press release 24 May, 5:08 PM Finolex Cables informs about analyst meet 24 May, 4:54 PM Finolex Cables - Quaterly Results 23 May, 3:35 PM Finolex Cables - Quaterly Results 23 May, 3:35 PM Finolex Cables - Quaterly Results 23 May, 3:35 PM Finolex Cables informs about newspaper advertisement 14 May, 2:11 PM Finolex Cable informs about secretarial compliance report 2 May, 10:57 AM Finolex Cables informs about audio recording of investor meet 15 Feb, 10:53 AM Finolex Cables - Quaterly Results 9 Feb, 2:11 PM Finolex Cables - Quaterly Results 9 Feb, 2:11 PM

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 determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Finolex Cables. 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. 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 22.6623061354747 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 8.92% 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 4.5383.

  • 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 12.3657%. (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 Debt to Equity ratio of 0.0002 which means that the company has low proportion of debt in its capital.

  • Sales growth: Finolex Cables has reported revenue growth of 6.0725% which is poor 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 9.5728620069225%.

  • 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 8 and the yield is 0.9629%.

  • Earnings Per Share: It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Finolex Cables is Rs 36.6622. The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Finolex Cables in Ticker for free. Also, one can get the intrinsic value of Finolex Cables by using Valuation Calculators, which are available with a Finology ONE subscription. 

Finolex Cables FAQs

Q1. What is Finolex Cables share price today?
Ans: The current share price of Finolex Cables is Rs 830.85.

Q2. What is the market capitalisation of Finolex Cables?
Ans: Finolex Cables has a market capitalisation of Rs 12706.965479325 Cr., calculated based on its latest share price.

Q3. What are the P/E and P/B ratios of Finolex Cables?
Ans: The PE ratio of Finolex Cables is 22.6623061354747 and the P/B ratio of Finolex Cables is 2.68196685962453, showing how the stock is valued against its earnings and book value.

Q4. What is the 52-week high and low of Finolex Cables share?
Ans: The 52-week high share price of Finolex Cables is Rs 1559, and the 52-week low share price of Finolex Cables is Rs 780.

Q5. Does Finolex Cables pay dividends?
Ans: Currently, Finolex Cables pays dividends. Dividend yield of Finolex Cables is around 0.9629%.

Q6. What are the face value and book value of Finolex Cables shares?
Ans: The face value of Finolex Cables shares is Rs 2, while the book value per share of Finolex Cables is around Rs 309.7913. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.

Q7. What is the debt of Finolex Cables?
Ans: Finolex Cables has a total debt of Rs 0.87 Cr., which affects investor sentiment and financial stability. 

Q8. What are the ROE and ROCE of Finolex Cables?
Ans: The ROE of Finolex Cables is 12.3657% and ROCE of Finolex Cables is 16.2426%. ROE shows how efficiently the company is generating profit from shareholders’ equity, while the ROCE is reflects how efficiently the company uses its capital to generate returns.

Q9. Is Finolex Cables a good buy for the long term?
Ans: The Finolex Cables long-term outlook depends on debt levels, earnings growth, and sector trends. If it sustains profits and manages debt well, it may be considered for long-term investment.

Q10. Is Finolex Cables undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Finolex Cables appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.

Q11. How to check Finolex Cables’s financials?
Ans: You can review Finolex Cables’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.

Last Updated on:
Brief about Finolex Cables

Finolex Cables Ltd Financials: Check Share price, Balance Sheet, Annual report and Quarterly Results for company analysis 

 

Welcome to our stock analysis page for Finolex Cables Ltd. This comprehensive analysis is tailored for Indian long term stock investors who are seeking insights into the company's performance. Here, you will find a thorough examination of various aspects such as share price, balance sheet, annual report, dividend, quarterly result, stock price, price chart, news, concall transcripts, investor presentations, promoters, and shareholders. Additionally, we will also highlight ticker pre-built screening tools and premium features that allow fair value calculation using DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis.

Finolex Cables Ltd Share Price 

Our stock analysis begins by evaluating Finolex Cables Ltd.'s share price performance. This assessment will provide key insights into how the company's stock has fared over time and its relative performance compared to industry peers.

Finolex Cables Ltd Balance Sheet 

The balance sheet of Finolex Cables Ltd. is a crucial aspect to consider when analyzing the company's financial health. By studying the balance sheet, investors can gain a comprehensive understanding of the company's assets, liabilities, and equity. Ticker pre-built screening tools provide a detailed analysis of this aspect, including the fair value calculation using BVPS Analysis and DuPont analysis.

Finolex Cables Ltd Annual Report 

Understanding the company's annual report is vital for investors seeking in-depth information about Finolex Cables Ltd.'s overall performance, financial position, and future prospects. Ticker provides downloadable annual reports, allowing investors to study the document and make informed decisions.

Finolex Cables Ltd Dividend 

Finolex Cables Ltd.'s dividend policy is a significant consideration for long term stock investors. Analyzing the company's dividend history, payout ratio, and frequency of dividend payments can provide insights into its commitment to shareholders.

Finolex Cables Ltd Quarterly Result 

Ticker offers access to Finolex Cables Ltd.'s quarterly results, empowering investors to evaluate the company's performance on a regular basis. Utilizing our premium features such as fair value calculation using DCF Analysis and Earnings multiple approach, investors can gain a comprehensive understanding of the company's financial health.

Finolex Cables Ltd Stock Price 

Analyzing the stock price movements of Finolex Cables Ltd. is crucial for investors in assessing the market sentiment and identifying potential buying or selling opportunities. Our platform provides comprehensive stock price charts and technical analysis tools to assist investors in making informed decisions.

Finolex Cables Ltd News 

Stay updated with the latest news regarding Finolex Cables Ltd. Ticker provides a comprehensive news section where investors can find relevant industry updates, company-specific news, and market trends that may impact the stock's performance.

Finolex Cables Ltd Concall Transcripts

For investors interested in understanding the company's management perspective and performance outlook, ticker  platform offers access to Finolex Cables Ltd.'s concall transcripts. These transcripts provide invaluable insights into the company's strategies, future plans, and management's responses to various questions.

Finolex Cables Ltd Investor Presentations

Finolex Cables Ltd.'s investor presentations offer a structured overview of the company's operations, financial performance, and strategic goals. These presentations provide a valuable resource for investors seeking a concise understanding of the company's prospects.

Finolex Cables Ltd Promoters and Shareholders

Understanding the company's promoters and shareholders is essential for long term investors. Our platform provides detailed information about Finolex Cables Ltd.'s promoters and major shareholders, enabling investors to gauge the level of confidence and involvement of key stakeholders.

Finolex Cables Ltd ROCE

Return on Capital Employed (ROCE) is a financial ratio that assesses the profitability and effectiveness of a company's capital investments. By examining the ROCE data for Finolex Cables Ltd available on this stock analysis page in the financials table or ratio section, you can evaluate the company's ability to generate returns on the capital employed in its operations. This information is crucial for understanding the company's efficiency in utilizing its invested capital and its potential for generating profits.

Finolex Cables Ltd EBITDA

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) indicates a company's operating performance and profitability. By analyzing the EBITDA data of Finolex Cables Ltd provided on this page in the financials table or ratio section, you can gain valuable insights into the company's ability to generate operating profits before non-operating expenses and non-cash items. This information is essential for understanding the company's financial health and operational efficiency.

Finolex Cables Ltd DPS

Dividends Per Share (DPS) is a financial ratio that illustrates the distribution of profits to shareholders on a per-share basis. By accessing the DPS data of Finolex Cables Ltd on this stock analysis page from the financials table or ratio section, you can gain insights into the company's dividend policy and its commitment to distributing a portion of its earnings to its shareholders.

Finolex Cables Ltd EPS

Earnings Per Share (EPS) is a financial metric that represents a company's net profit divided by the total number of outstanding shares. By examining the EPS data of Finolex Cables Ltd available on this page in the financials table or ratio section, you can assess the company's profitability on a per-share basis. This information is valuable for understanding the company's ability to generate earnings and its potential for delivering returns to its shareholders. 

Finolex Cables Reserves: A Steadfast Increase

Finolex Cables has shown a commendable growth in its total reserves from Rs. 2,688.04 Cr in March 2020 to Rs. 4,175.29 Cr in March 2024. This consistent rise highlights the company's ability to reinforce its financial stability over the years.

Finolex Cables Borrowings: Minimal and Manageable

The company has maintained minimal borrowings, starting at just Rs. 0.34 Cr in March 2020 and marginally adjusting to Rs. 0.81 Cr in March 2024. The low borrowing levels signify Finolex Cables' strong liquidity position and reduced financial risk.

Finolex Cables Assets: Impressive Expansion

Total assets of Finolex Cables have witnessed a significant increase from Rs. 3,011.79 Cr in March 2020 to Rs. 5,955.39 Cr in March 2024, underscoring the company's capacity to upscale its operational base and asset base. Current assets, in particular, have seen a substantial jump, indicating robust operational health.

Finolex Cables Equity and Liabilities: Sustained Growth

The equity and liabilities of Finolex Cables show a parallel expansion to its assets, with total liabilities matching the assets at Rs. 5,955.39 Cr in March 2024. The steady growth in equity and liabilities reflects the company's sound financial structure and its ability to balance its capital.

The data is an analysis for the Standalone Balance Sheet of the company. It is essential for investors to reflect on such data to gauge the company's financial health as a part of their comprehensive stock screening process, which may also include a look at related sectors, market trends, and the performance of the NSE BSE indices.

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