AI Summary
✦ ClarthaFinolex Cables is an electrical and communication-cables manufacturer serving India and international markets. Electrical Cables drive core demand, while Communication Cables and Copper Rods support connectivity and input supply. Its portfolio spans power, control, agricultural, solar, automotive, CCTV, CAT6, optic-fiber, and coaxial cables. Recent share-price highs and positive sentiment may improve visibility, but disclosed developments provide no clear evidence of margin expansion. Revenue grew 18.8% year-on-year, while profit rose only 1.8%, indicating operating leverage or cost pressure despite stable margins. ROE is unavailable, limiting assessment of capital efficiency and shareholder returns. At 0.31 debt-to-equity, Finolex is not deleveraged, though leverage remains moderate. The stock trades at 24.5 times earnings, broadly fair against the sector, but the valuation does not fully reflect weak profit conversion. The key question is whether cable demand can sustain growth without margin erosion.
Price Forecast
Probabilistic Range
Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.
Revenue Forecast
₹ CrEPS Forecast
₹ / shareMulti-factor synthesis of 5 key dimensions
From 6 analysts
Fundamentals
Fundamentals institutional score is 67 using growth durability 67.2.
Valuation
Valuation institutional score is 23 using relative multiple z-scores where peer dispersion is available.
Analyst Consensus
Analyst View institutional score is 48 using mean target upside -3.2%; dispersion penalty 13.0; recommendation breadth from available consensus.
Technical Structure
Technicals institutional score is 0 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.
Market Sentiment
Recent news flow is balanced or not decisive enough to tilt the tape. Based on 3 recent ticker-linked news items.
Signal Summary
Market intelligence remains Mixed. fundamentals and market sentiment provide support, while valuation and analyst consensus remain considerations.
Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.
Key Data Points
Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.
Valuation Metrics
Trading 30.1% above historical median. Valuation is stable — currently in the overvalued zone (z-score: +1.21). Confidence: 79%.
Live forward EPS implies next-12-month EPS of ₹67.60. Applying the stock's normalized valuation corridor produces a fair range of ₹1,108.64 to ₹1,429.74, with base value near ₹1,271.56 (-0.7% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹67.60
Forward P/E
18.9x
Base Fair Value
₹1,271.56
Fair Range
₹1,108.64 - ₹1,429.74
Upside To Base
-0.7%
Estimate Source
Live forward EPS
Growth Estimate
+53.2%
5Y Average
16.24
Current
24.48
Overvalued
21.15
Undervalued
16.40
5Y Average
2.43
Current
3.22
Overvalued
2.80
Undervalued
2.07
5Y Average
1.87
Current
2.82
Overvalued
2.15
Undervalued
1.59
Peers & Comparison
Sector: Industrials · Theme: Cables
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
UNIVERSAL CABLES LTD UNIVCABLESCables | +58.0% | 5.9% | 29.7x Undervalued | -34% vs avg | +125.5% |
R R KABEL LIMITED RRKABELCables | +53.9% | 5.6% | 51.9x Premium | +15% vs avg | +130.1% |
MOTHERSON SUMI WRNG IND L MSUMICables | +36.4% | 5.1% | 43.7x Fair | -3% vs avg | +8.9% |
KEI INDUSTRIES LTD. KEICables | +23.0% | 8.1% | 55.1x Premium | +22% vs avg | +48.4% |
FINOLEX CABLES LTD trades at a discount (24.5x vs peer avg 45.1x), suggesting potential undervaluation relative to the Cables cohort. Peers include UNIVERSAL CABLES LTD, R R KABEL LIMITED, MOTHERSON SUMI WRNG IND L — selected based on business model, industry classification, market cap similarity, and business theme alignment.
Financials
Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.
Latest revenue
₹1.95K CrMar 2026Latest net profit
₹161 CrMar 2026Latest EPS
₹10.54Mar 2026Net margin
10.0%Mar 2026Performance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
Earnings
Revenue is shown in crores. EPS is rupees per share.
- Revenue
- EPS
Revenue to profit conversion
Bridge from operating numbers to profit for the latest reported period.
Latest reported period: Mar 2026
Results
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,224 | 1,204 | 1,187 | 1,222 | 1,401 | 1,230 | 1,312 | 1,182 | 1,595 | 1,396 | 1,376 | 1,599 | 1,951 |
| Expenses + | 1,077 | 1,060 | 1,043 | 1,089 | 1,242 | 1,110 | 1,213 | 1,053 | 1,428 | 1,265 | 1,233 | 1,446 | 1,748 |
| Operating Profit | 148 | 144 | 144 | 133 | 159 | 120 | 99 | 129 | 166 | 131 | 143 | 153 | 203 |
| OPM % | 12% | 12% | 12% | 11% | 11% | 10% | 8% | 11% | 10% | 9% | 10% | 10% | 10% |
| Other Income + | 42 | 39 | 85 | 45 | 50 | 46 | 102 | 45 | 55 | 54 | 110 | 41 | 33 |
| Interest | 1 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 15 | 10 | 11 | 11 | 12 | 11 | 12 | 12 | 12 | 14 | 14 | 15 | 17 |
| Profit before tax | 174 | 172 | 217 | 167 | 196 | 156 | 188 | 162 | 208 | 171 | 239 | 179 | 219 |
| Tax % | 22% | 23% | 24% | 23% | 25% | 21% | 22% | 23% | 27% | 19% | 22% | 24% | 26% |
| Net Profit + | 135 | 132 | 165 | 128 | 146 | 123 | 146 | 124 | 152 | 139 | 187 | 136 | 161 |
| EPS in Rs | 8.80 | 8.65 | 10.81 | 8.35 | 9.56 | 8.01 | 9.55 | 8.10 | 9.93 | 9.08 | 12.22 | 8.89 | 10.54 |
| Raw PDF |
All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).
Events Timeline
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018