Finolex Cables Ltd
Finolex Cables Q3 FY26 earnings call: Revenue & Margins
Q3 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
Volumes in Wires and Cables increased by 25-26% in the recent quarter, indicating strong demand growth. Revenue growth driven by volume increases, especially in construction, auto cables, and solar cables with capacities nearing full utilization.
From Finolex Cables Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Volumes in Wires and Cables increased by 25-26% in the recent quarter, indicating strong demand growth.
- Solar cables are operating at 80-85% capacity utilization, showing good expansion potential.
- Fiber draw capacity is being expanded from 4 million to 8 million kilometers by Q1 FY ’27, targeting revenues of INR 600-700 crores from telecom cables.
- The telecom cable market reflects robust medium to long-term demand driven by data centers, defense, BharatNet, and AI applications.
- Capacity utilizations in automobile and solar cable segments are nearing 80%, signaling readiness for further investment.
- New preform production and fiber draw capacity addition expected to reduce import dependence and support volume growth.
2 more points management made on revenue & sales performance
Profitability & Margins
See what Finolex Cables Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Finolex is commissioning a preform plant expected by the next month, with ongoing production trials. Around INR 220-230 crores of capital work-in-progress (CWIP) will get capitalized upon commissioning.
- Fiber draw capacity is being expanded from 4 million to 8 million kilometers by end of Q1 FY27, with phased equipment installation underway.
- Total capex spent in the quarter was INR 36 crores and INR 146 crores for nine months, aligned with earlier projections.
- Future reinvestment plans focus on growing automobile, solar cable, and construction wire capacities as utilization reaches ~70-80%.
2 more points management made on capital expenditure plans
Top-ranked in Industrial Products
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Finolex Cables Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
2 more points management made on order book & pipeline
Finolex Cables Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹1.6K Cr, net profit ₹164 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Finolex Cables's management said in earlier quarters
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Frequently Asked Questions
What were Finolex Cables Ltd Q3 FY26 results?
Volumes in Wires and Cables increased by 25-26% in the recent quarter, indicating strong demand growth. Revenue growth driven by volume increases, especially in construction, auto cables, and solar cables with capacities nearing full utilization.
What is Finolex Cables Ltd share price analysis?
Finolex Cables Ltd currently shows a neutral. The stock trades at a P/E of 21.5 with a market cap of ₹15,345 Cr. Investors should review the full earnings analysis for detailed insights.
Is Finolex Cables Ltd planning capital expenditure?
Finolex is commissioning a preform plant expected by the next month, with ongoing production trials.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.