Posted In: Consumer Electronics, Consumer Products Manufacturing, Optical Fiber, Wire & Cable

FINCABLES – Finolex Cables Ltd

Finolex Cables Ltd is India’s foremost wires and cables manufacturer, Finolex Cables stands as a proud testimony
to growth driven by innovation, expansion and technology. The Company is one of the largest and most diversified
manufacturers of electrical and communication cables in the country. The Company’s backward integration
into manufacture of CCC Rods, PVC compounds, Optical Fibre and FRP rods enable it to maintain product quality, ensure supply reliability and control costs.

Products/Services

Electrical cables
Electrical cables can be further categorized into light duty electrical cables, power and control cables.
Light duty electrical cables include electrical wires used extensively for electrification of industrial establishments, electrical panel wiring in industrial establishments and major equipments, consumer durable goods.
In power cable category, the Company has the ability to manufacture such cables within the range 1.1 kV to 66 kV. Power and control cables up to 3.3 kV rating are used for connecting user point to the main supply of power. Power cables above 3.3 kV rating are meant for use in underground application for intra-city electricity distribution network.

Communication cables
The communication cables comprise of state of art, new generation communication cables and traditional telephone cables. The state of art communication cables are either copper based or glass based. The copper based cables include LAN cables, coaxial cables, PE insulated switchboard cables and V-SAT cables. Optic Fiber cables are glass based cables and they have the maximum bandwidth and speed.

Copper rods
The Company entered into manufacture of copper rods, used as feedstock in its copper-based electrical and communications cables, focused on integrating backwards and securing supply.

Electrical switches and lighting products
FinoLED is the brand under which they sell LED lights. Finolex-make “Finoswitch” is made of superior quality polycarbonate and silver cadmium oxide coated contact points, screws and terminals used in making of most modern switches.

Fans, switchgears and water heaters
Finolex introduces a complete range of Electric Water Heaters which are specially designed for Indian Bathrooms & Kitchens. Makes Miniature Circuit Breakers (MCB), Residual Current Circuit Breakers (RCCB), Moulded Current Circuit
Breakers (MCCB) and Distribution Boxes.

Plants and Capacity

• Pimpri (Electrical Cables)
• Urse (Electrical & Communication Cables, Optic Fibre and Optic Fibre Cable, Lighting, Switches, Power Cable)
• Goa (Electrical & Communication Cables, Optic Fibre Cables, CCC Rod)
• Roorkee (Electrical Cables, Switchgears, Switches)

Production
• Electrical Cables 59,569 MT
• Metal based Communication Cables 8,216 MT
• Copper Rod 60,000 T
• Optic Fibre 2,400,000 FKM

Subsidiaries

Finolex Cables Ltd holds 32.39% in Finolex Industries Limited

Revenue Segmentation

(In Rupees Million) 2017-18 2016-17
Segment Revenue
A. Electrical cables 23,061.6 21,778.1
B. Communication cables 4,769.3 3,685.1
C. Copper rods 9,043.2 5,135.0
D. Others 599.1 413.8
Total segment revenue 37,473.2 31,012.0
Segment Results
A. Electrical cables 3,761.3 3,313.5
B. Communication cables 467.2 333.6
C. Copper rods 96.5 16.3
D. Others (100.1) (158.1)
Total segment results 4,224.9 3,505.3

Financials Standalone 2011-2014

(In Rupees Million) 2010-11 2011-12 2012-13 2013-14
Total Income 22,123 22,188 24,477 25,583
PBT 1,072 1,093 1,708 2,440
PAT 868 982 1,453 2,077
EPS 5.7 6.4 9.5 13.6
Growth in Revenue (%) 26.4 0.3 10.3 4.5
Return on Net Worth (%) 12.1 12.3 15.7 18.8
Return on Capital Employed (%) 12.7 13.4 17.1 21.3
Debt to Equity Ratio 0.4 0.2 0.2 0.1

Financials Standalone 2015-2018

(In Rupees Million) 2014-15 2015-16 2016-17 2017-18
Total Income 26,333 26,765 27,710 30,116
PBT 2,631 3,363 4,193 5,045
PAT 1,986 2,488 3,159 3,582
EPS 13.0 16.3 20.7 23.4
Growth in Revenue (%) 2.9 1.6 3.5 8.7
Return on Net Worth (%) 15.7 17.0 16.8 16.3
Return on Capital Employed (%) 21.9 23.6 22.6 25.06
Debt to Equity Ratio 0.1 0.03
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by , created on February 8th, 2019, last updated on February 8th, 2019

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