ALPHA TRIBE

Finolex Cables LimitedInvestor Meet, 18-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates

18-08-2026 | 03:16 pm

Finolex Cables posted robust Q1 FY27 results: Revenue rose 44% to INR 2,013 Cr, and PAT increased 59% to INR 221 Cr, with a PBT margin of 13.4%. Electrical cables grew 47%, driven by auto, solar, and agri segments. Communication cables surged 62% to INR 176 Cr, with strong margins near 30%, which are expected to normalize as higher-cost raw materials are consumed. The company plans to expand fiber draw capacity from 4 million to 8 million kilometers by Q2-end (September) due to global shortages, with FY27 capex at INR 300 Cr. Management is positive on long-term fiber demand from data centers and 5G.

No comments yet. Be the first to comment!

All announcements from Finolex Cables Limited