Overall Fundamental outlook

Business Operations:

Sector: Industrials
Industry: Electrical Equipment & Parts

Finolex Cables Limited engages in the manufacture and sale of electrical and communication cables, and other electrical appliances in India and internationally. The company operates through Electrical Cables, Communication Cables, Copper Rods, and Others segments. It offers electrical cables, such as 1100V and motor winding PVC insulated, automotive/battery, UPS, elevator, solar, and industrial cables, as well as heavy duty, underground, low and high voltage, power, and control cables; and communication cables, including optic fiber, coaxial, local area network, CCTV, speaker, jelly filled telephone, PE insulated telephone, and V-SAT cables. The company also provides copper rods; electrical switches, sockets, regulators, etc.; and retrofit/non-retrofit CFL lamps, T5 tube lights and fittings, and LED-based lighting solutions. In addition, it offers ceiling, table, wall, pedestal, and exhaust fans; switchgear products, such as miniature and residual current circuit breakers, molded case circuit breakers, and distribution boards; instant and storage water heaters; steam and dry irons; conduit pipes and fittings; and smart door locks and switches. The company also offers its products through retail outlets under the Finolex Houses brand name; and online retail stores. Finolex Cables Limited was founded in 1958 and is based in Pune, India.

Revenue projections:

Revenue projections for FINCABLES
Revenue projections for FINCABLES

FINCABLES's revenue is forecasted to dip below last year's figures, raising concerns for investors who are typically wary of declining financial performance. Such drops can directly affect the company's bottom line, potentially leading to a decrease in overall profitability, making investors more cautious in their decisions.

Financial Ratios:

currentRatio 0.000000
forwardPE 14.556985
debtToEquity 0.377000
earningsGrowth 0.114000
revenueGrowth 0.352000
grossMargins 0.189680
operatingMargins 0.089190
trailingEps 44.500000
forwardEps 54.400000

Finolex Cables Limited's Forward PE is at a healthy level, indicating that the stock price is well-positioned relative to its earnings. With the stock not being overvalued, there remains room for future growth, suggesting a balanced opportunity for investors seeking potential upside.
FINCABLES's positive earnings and revenue growth reflect an optimistic outlook for the company's future. The growth in these key areas indicates that FINCABLES is expected to continue expanding its business and boosting its financial performance in the coming periods.
FINCABLES's forward EPS surpasses its trailing EPS, indicating that the company is expected to be more profitable in the current financial year. This reflects growing confidence in FINCABLES's earnings potential, suggesting stronger financial performance compared to the previous year.

Price projections:

Price projections for FINCABLES
Price projections for FINCABLES

FINCABLES's price projections have gradually decreased, indicating a more conservative outlook from analysts. The repeated downward revisions suggest waning confidence in the company's ability to achieve its previous targets.

Recommendation changes over time:

Recommendations trend for FINCABLES
Recommendations trend for FINCABLES


The recent buy bias for Finolex Cables Limited from analysts signals strong confidence in the stock's potential. This positive sentiment could encourage investors to see Finolex Cables Limited as a smart place to invest their money, especially those looking for stable, long-term returns in a well-established company.