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

The projected decline in FINCABLES's revenues compared to last year is expected to make investors cautious. A drop in revenue often has a direct negative effect on the company's bottom line, signaling potential challenges that could undermine investor confidence and reduce overall profitability.

Financial Ratios:

currentRatio 0.00000
forwardPE 14.85932
debtToEquity 0.36400
earningsGrowth -0.33400
revenueGrowth 0.17800
grossMargins 0.19340
operatingMargins 0.12195
trailingEps 40.51000
forwardEps 27.77000

Finolex Cables Limited's Forward PE being in a good range indicates the stock is priced well relative to its earnings. It is not overvalued, leaving space for future growth, making it an appealing option for investors interested in long-term value appreciation.
FINCABLES's low growth in both earnings and revenue indicates the company's profits may decrease. This trend could signal a downturn in financial performance, suggesting that FINCABLES might struggle to maintain its current profit levels.
FINCABLES's negative gross and operating margins indicate that the company is unable to generate profit from its core business activities. This suggests financial strain and could be a sign of deeper cost management issues.
FINCABLES's lower forward EPS compared to trailing EPS suggests the company's earnings are expected to decline. This indicates that FINCABLES may be less profitable in the upcoming year, raising questions about its financial trajectory.

Price projections:

Price projections for FINCABLES
Price projections for FINCABLES

FINCABLES's price projections have steadily declined, indicating that analysts are revising their outlook on the company. This downward trend reflects a more cautious perspective on FINCABLES's future growth prospects.

Recommendation changes over time:

Recommendations trend for FINCABLES
Recommendations trend for FINCABLES


FINCABLES has been receiving a buy bias from analysts, indicating confidence in its investment potential. This could drive more investors to view FINCABLES as a reliable choice for their money, offering a promising avenue for future growth and financial gains.