FINCABLES
Finolex Cables Limited Q1 FY27: Revenue Up 44%, PAT Surges 59%
Finolex Cables Limited (FINCABLES) reports a 44% YoY revenue growth and a 59% surge in PAT for Q1 FY27.
Finolex Cables Limited (FINCABLES) showcased a robust performance in the first quarter of FY27, with a significant 44% year-on-year revenue growth to Rs. 2,013 crore. The company’s profit after tax (PAT) surged by 59% to Rs. 221 crore, reflecting strong operational efficiencies and market expansion.
Revenue and Margin Expansion
The revenue growth was driven by the pass-through of higher copper prices and robust volume growth. EBITDA margins improved by 90% year-on-year, highlighting strong operating leverage benefits. Notably, sequential margins showed a 22% improvement, underscoring the company’s operational efficiency.
Segment Performance
The Electrical Cables segment, which constitutes the majority of the revenue, saw a 18% year-on-year increase. Communication Cables also performed well, with optic fiber cable volumes significantly higher than the previous year, contributing to high margins. The Others segment faced challenges due to supply chain disruptions and lower fuel availability, resulting in a 5% year-on-year decline.
Finolex Cables Limited remains focused on sustaining this momentum through operational efficiencies and market expansion, particularly in high-rise buildings, industrial, defence, and specialty markets.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Finolex Cables Limited
Finolex Cables Limited belongs to the Industrials › Electrical Equipment & Parts sector. Here’s a quick read on where the business and the stock stand today.
Finolex gains 19.1% over three months and trades near its 52-week highs. Revenue consistency is the one bright spot — zero dips in five years shows operational resilience. The PEG of 1.99 limits the upside. The stock does not come cheap. RSI hits 78, a level that signals the stock runs hot. Notably, buyers drove volume on 15 recent sessions — though at these levels, some profit-taking is normal. The stock rises 19.1% in three months on 12.7% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of Finolex Cables Limited.
Electrical Equipment and Parts
Finolex Cables Limited (NSE: FINCABLES) clears resistance, gains 5% intraday
Finolex Cables Limited (NSE: FINCABLES) stock price moves up 5% intraday to ₹1314.9, breaking out above its 6-month resistance trendline.
Finolex Cables Limited (FINCABLES) breaks out with a +5% gain to ₹1314.9 on the NSE, clearing its 6-month resistance trendline. This move is driven by strong technical momentum, with no new NSE filings or concalls in the last two days. Finolex, a key player in the industrials sector under electrical equipment and parts, has shown a company-specific surge rather than aligning with broader sector trends.
Technical setup — trendlines & DMA
The current trendline structure shows a robust breakout, with the 6-month support floor at ₹983.13, which is 25.23% below today’s price. The resistance trendline at ₹1200.87 has been decisively cleared by 8.67%. The 50-DMA at ₹1067.5 is above the 200-DMA at ₹906.0, indicating a bullish trend. The stock is currently 16.80% above the 50-DMA and 37.62% above the 200-DMA, suggesting an extended move. Within the 52-week range of ₹700.8 to ₹1374.0, the stock is in the upper third, reflecting strong performance but also indicating that a significant portion of the move may already be priced in.
Snapshot: ₹1,314.90 on 2026-08-17 (chart frozen at publication)
Fundamentals & business context
With a PE of 24.4, Finolex Cables is trading at a premium, especially considering its profit margin of 11.5% and a revenue CAGR of 18.0% over the last five years. This suggests that the market may be pricing in future growth expectations, though the stock appears overvalued relative to its current earnings. Institutional ownership stands at 20.9%, indicating a moderate level of confidence from smart money. There is no new NSE catalyst today, highlighting that the move is primarily technical.
Algorithmic scorecard
The overall algorithmic scorecard reflects a technically strong but fundamentally weaker position. The strongest signals include the breakout above resistance levels with momentum and the bullish sentiment over the last 30 days, where the average volume on up days is 5.73 times higher than on down days, indicating systematic accumulation. On the weaker side, the stock is overbought with an RSI of 72.1, suggesting caution as it may pull back, and the negligible dividend yield of 0.62% offers little income for investors. These factors highlight the stock’s strong technical performance but also point to potential risks in its valuation and income generation.
Company outlook
Management’s forward guidance indicates a focus on cost management and margin improvement, with an expectation to do better than the previous EBIT of 6%. The company plans to increase capacity for solar cables and has commissioned a preform plant, expected to stabilize in 2-3 months. Additionally, Finolex Cables plans to spend another INR 200 crores on capacity expansion and INR 100 crores on optic fiber preform-related capex in the current year. These initiatives aim to enhance overall plant capacity towards 70%-75% utilization, driving future growth and efficiency.
Get all details on FINCABLES — P&L, peers, shareholding and more on TradeAlone.
Electrical Equipment and Parts
Finolex Cables Limited (FINCABLES) clears resistance, gains 12% intraday
Finolex Cables Limited (FINCABLES) stock price gains 12% intraday, breaking out above its 6-month resistance trendline at ₹1201.
Finolex Cables Limited (FINCABLES) breaks out, gaining +12% to clear its 6-month resistance trendline. This surge follows the company’s announcement of financial results for the period ended Jun 30, 2026, alongside changes in key personnel roles. Finolex Cables, a prominent player in the electrical equipment and parts sector, has seen its stock price rise significantly, outperforming its sector peers. This move appears to be driven by both company-specific news and broader sector momentum.
Technical setup — trendlines & DMA
The current 6-month trendline structure shows a robust breakout, with the stock now trading well above its previous resistance at ₹1201. The 6-month support trendline stands at ₹984.4, indicating a solid floor that the stock is 27.66% above. The 50-DMA at ₹1051.7 is above the 200-DMA at ₹897.6, signaling a bullish trend. FINCABLES is currently 15% above its 50-DMA, suggesting an extended move. The stock is in the upper third of its 52-week range, reflecting strong performance relative to its yearly lows and highs.
Snapshot: ₹1,360.80 on 2026-08-12 (chart frozen at publication)
Fundamentals & business context
With a PE of 25.9 and profit margins at 11.3%, Finolex Cables’ valuation appears stretched relative to its current earnings, especially given its revenue CAGR of 12.7%. The stock’s overvaluation is further highlighted by its PEG ratio of 2.11, indicating that the market may be pricing in future growth expectations. Institutional ownership stands at 20.9%, suggesting that smart money sees value in the company despite its current valuation. There was no specific NSE catalyst today beyond the routine corporate announcements.
Algorithmic scorecard
The overall score of 75 reflects a stock that is technically strong but fundamentally weak. Two of the strongest signals are the bullish trend, with the 50-day average above the 200-day average, and the consistent revenue growth every year, indicating exceptional business stability. On the flip side, the two weakest signals are the overvalued PEG ratio and the negligible dividend yield, which pose risks of overpricing and lack of income generation, respectively.
Company outlook
Management outlined several strategic initiatives and plans during the last earnings call. They expect to pass on costs to customers over time, aiming to maintain margins despite rising input costs. The company plans to increase capacity for solar cables and has commissioned a preform plant, expected to stabilize in 2-3 months. Additionally, Finolex Cables intends to spend another INR 200 crores on capacity expansion and INR 100 crores on optic fiber preform-related capex in the current year. These investments aim to enhance overall plant capacity to 70%-75%.
Get all details on FINCABLES — P&L, peers, shareholding and more on TradeAlone.
Electrical Equipment and Parts
Finolex Cables Limited (NSE: FINCABLES) breaks out, moves up 8% intraday
Finolex Cables Limited (NSE: FINCABLES) stock price jumps 8% intraday to ₹1313.45, clearing its 6-month resistance trendline..
Finolex Cables Limited (FINCABLES) breaks out with an 8% surge to ₹1313.45 on the NSE, clearing its 6-month resistance trendline. This move follows the company’s announcement of financial results for the period ended Jun 30, 2026, which likely fueled investor optimism. Finolex Cables, a key player in the electrical equipment and parts sector, has shown strong performance, outperforming its sector with this significant upward move.
Technical setup — trendlines & DMA
The current trendline structure shows a robust breakout. The 6-month support trendline stands at ₹984.4, significantly below today’s price, indicating strong upward momentum. Resistance was previously at ₹1200.87, which the stock has now surpassed by 8.57%, signaling a bullish trend. The 50-DMA at ₹1051.7 is above the 200-DMA at ₹897.6, confirming a positive trend. However, the stock is 15% above the 50-DMA, suggesting it may be slightly extended. Within the 52-week range of ₹700.8 to ₹1224.5, the current price is in the upper third, indicating that much of the anticipated move may already be priced in.
Snapshot: ₹1,313.45 on 2026-08-12 (chart frozen at publication)
Fundamentals & business context
With a PE ratio of 25.9 and profit margins at 11.3%, Finolex Cables’ valuation appears stretched relative to its current earnings, especially given its revenue CAGR of 12.7%. The market seems to be pricing in future growth, but the PEG ratio of 2.11 suggests the stock is overvalued compared to its growth rate. Institutional ownership stands at 20.9%, indicating a moderate level of confidence from smart money. There was no specific NSE catalyst today, but the recent financial results and strategic announcements likely contributed to the positive sentiment.
Algorithmic scorecard
The overall score reflects a technically strong but fundamentally weaker position. The strongest signals include the bullish trend, with the 50-day average above the 200-day average, and the bullish sentiment over the last 30 days, where volume on up days was 3.85 times higher than on down days, indicating systematic accumulation. On the weaker side, the stock is overbought with an RSI of 73.8, suggesting caution as it may pull back, and the negligible dividend yield of 0.76% offers little income for investors. These factors highlight the stock’s current technical strength but also point to potential risks ahead.
Company outlook
Management’s forward guidance indicates a focus on maintaining margins despite cost pressures, with an expectation to surpass the previous EBIT of 6%. The company plans to enhance capacity, particularly for solar cables, and has commissioned a preform plant expected to stabilize in 2-3 months. Further capacity expansion plans include an additional INR 200 crores in the current year, with a total spend of INR 300 crores on capacity expansion and optic fiber preform-related capex. These initiatives aim to increase overall plant capacity towards the 70%-75% range, driving future growth and efficiency.
Get all details on FINCABLES — P&L, peers, shareholding and more on TradeAlone.
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