Finolex Cables (FINCABLES)

FairStock Score: 75/100 — STEADY

Score breakdown: P/E: 1/3 · ROCE: 1/2 · Growth: 1/2 · Dividend: 0/1

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I approach Finolex Cables as a Graham-style analyst: what am I paying, and what am I getting? At ₹1,246.85, market cap ₹19,069 Cr, the stock trades at 23.81 times earnings and 3.13 times book value of ₹397.81. That is not a bargain by my old Graham Number of ₹600.14; the margin of safety is negative 52.25%. DCF intrinsic value of ₹168.22 also suggests price is far above conservative intrinsic estimates. Yet the business quality is improving. It is debt-free, with D/E 0.00, ROE 12.39%, ROCE 17.67%, Piotroski F-Score 8/9 and Altman Z-Score 3.46—signs of a financially sturdy enterprise. Latest quarter sales were ₹1,599 Cr and net profit ₹164 Cr; sales growth of 44.30% and profit growth of 53.20% show momentum, though the 5-year revenue CAGR of 13.08% is more modest. Free cash flow of ₹125 Cr is positive but not extravagant against the market cap, and dividend yield is only 0.64%. The EV/EBITDA of 2.14 and FairStock score of 75/100 (STEADY) are comforting, but PEG 19.06 warns that growth is not coming cheap if that ratio is taken at face value. Promoter holding of 35.86% and the 52-week range of ₹700.80–₹1,498.35 suggest sentiment can swing widely. I like the fortress balance sheet and steady score, but I do not see a margin of safety at this price. For an Indian retail investor, this is a watchlist stalwart—buy only on a meaningful correction, not because recent growth is exciting.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer