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

Investors are expected to be cautious with Finolex Cables Limited, as its revenues are projected to fall compared to last year. A decline in revenue often results in a negative impact on profitability, prompting concerns about the company's financial stability and making investors more conservative in their approach.

Financial Ratios:

currentRatio 0.000000
forwardPE 18.202206
debtToEquity 0.377000
earningsGrowth 0.114000
revenueGrowth 0.352000
grossMargins 0.189680
operatingMargins 0.089190
trailingEps 44.480000
forwardEps 54.400000

FINCABLES'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 positive earnings and revenue growth suggest that the company is expected to expand its business. This reflects a healthy financial outlook, as FINCABLES's increasing profits and sales signal further growth in the near future.
FINCABLES's forward EPS surpasses its trailing EPS, reflecting expectations of higher profitability in the current year. This suggests that FINCABLES is projected to generate stronger earnings, indicating an optimistic financial outlook compared to the prior year's results.

Price projections:

Price projections for FINCABLES
Price projections for FINCABLES

Over time, analysts have gradually revised FINCABLES's price projections downward. This suggests growing concerns about the company's ability to meet previous expectations, pointing to a more conservative outlook.

Recommendation changes over time:

Recommendations trend for FINCABLES
Recommendations trend for FINCABLES


The analysts' recent buy bias for FINCABLES indicates strong confidence in the stock's future performance. This could encourage more investors to view FINCABLES as a worthwhile investment, positioning the company as a top choice for those seeking financial security and long-term growth opportunities.