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

With FINCABLES's revenue forecasted to drop below last year's level, investors are expected to take a cautious stance. Such declines typically affect a company's bottom line, reducing profitability and making investors hesitant to invest heavily in the company until financial performance improves.

Financial Ratios:

currentRatio 10.482000
forwardPE 15.555911
debtToEquity 0.364000
earningsGrowth 0.030000
revenueGrowth 0.138000
grossMargins 0.193050
operatingMargins 0.099350
trailingEps 45.870000
forwardEps 27.770000

FINCABLES's current ratio 10.482, suggesting the company has sufficient liquidity to service its short-term debt. With its cash reserves and current assets in good shape, FINCABLES can comfortably meet its immediate liabilities, reflecting a healthy financial standing.
FINCABLES's Forward PE ratio suggests that the stock is priced appropriately in relation to its earnings. Not being overpriced, it offers room for growth, signaling potential upside for investors looking for a stock with reasonable valuation and growth potential.
With FINCABLES's forward EPS lower than its trailing EPS, the company is expected to experience a drop in profitability. This suggests a potential slowdown in financial performance compared to the previous year.

Price projections:

Price projections for FINCABLES
Price projections for FINCABLES

The current valuation of Finolex Cables Limited against its projections does not reveal significant risks or opportunities. This neutral assessment implies a stable market, where investors may prefer to maintain their positions until future trends become clearer.

Recommendation changes over time:

Recommendations trend for FINCABLES
Recommendations trend for FINCABLES


The recent buy bias from analysts suggests FINCABLES is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, FINCABLES appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.