Finolex Cables Ltd

Finolex Cables is principally engaged in the manufacturing of Electricals Cables, Communication Cables & other electrical appliances.

  • Market Cap: 6,354 Cr.
  • Current Price: 414.45
  • 52 weeks High / Low 507.85 / 334.95
  • Book Value: 187.07
  • Stock P/E: 14.37
  • Dividend Yield: 1.09 %
  • ROCE: 23.80 %
  • ROE: 15.92 %
  • Sales Growth (3Yrs): 9.25 %
  • Listed on BSE and NSE
  • Company Website
  • Face Value: 2.00
Pros:
Company is virtually debt free.
Cons:
Earnings include an other income of Rs.181.68 Cr.

Peer Comparison Sector: Cables // Industry: Cables - Power

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Quarterly Results Consolidated Figures in Rs. Crores / View Standalone

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019
791 714 750 823 808 716
661 628 640 679 702 619
Operating Profit 130 86 110 144 106 97
OPM % 16% 12% 15% 18% 13% 14%
Other Income 54 42 34 51 42 54
Interest 0 0 0 0 0 0
Depreciation 10 11 10 10 10 10
Profit before tax 174 117 134 185 138 141
Tax % 33% 39% 30% 33% 30% 10%
Net Profit 117 72 94 124 97 127
EPS in Rs 7.67 4.69 6.16 8.12 6.34 8.29
Notes Notes Notes Notes Notes Notes

Profit & Loss Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 TTM
2,360 2,445 2,815 3,078 3,096
2,002 2,049 2,374 2,604 2,639
Operating Profit 358 396 441 474 457
OPM % 15% 16% 16% 15% 15%
Other Income 125 160 153 178 182
Interest 9 4 1 1 1
Depreciation 58 48 44 41 39
Profit before tax 416 504 549 610 598
Tax % 21% 21% 40% 33%
Net Profit 329 400 330 407 442
EPS in Rs 21.49 26.17 21.58 26.64 28.91
Dividend Payout % 14% 11% 19% 17%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:%
5 Years:%
3 Years:9.25%
TTM:9.33%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:10.15%
TTM:24.49%
Stock Price CAGR
10 Years:21.99%
5 Years:9.76%
3 Years:0.20%
1 Year:-2.41%
Return on Equity
10 Years:%
5 Years:%
3 Years:16.73%
Last Year:15.92%

Balance Sheet Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Sep 2019
31 31 31 31 31
Reserves 1,745 2,110 2,398 2,706 2,831
Borrowings 51 1 1 1 9
282 314 367 426 368
Total Liabilities 2,109 2,456 2,797 3,163 3,238
432 415 409 404 399
CWIP 3 8 5 10 14
Investments 881 1,159 1,523 1,767 1,864
793 874 860 982 961
Total Assets 2,109 2,456 2,797 3,163 3,238

Cash Flows Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019
339 213 236 154
-195 -126 -134 -110
-64 -75 -57 -75
Net Cash Flow 81 11 44 -30

Ratios Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019
ROCE % 26% 24% 24%
Debtor Days 19 19 23 25
Inventory Turnover 6.18 5.86 5.67