Finolex Cables Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 30.59 Cr
- Company Age 57 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 844.60 Cr
- Satisfied Charges ₹ 300.74 Cr
- Revenue Growth 19.37%
- Profit Growth 24.01%
- Ebitda 19.36%
- Net Worth 13.66%
- Total Assets 13.42%
About Finolex Cables
Finolex Cables Limited (FCL) was founded in India on 05 June 1967 and has a glorious history of 57 years and eight months. Its registered office is in Na, Maharashtra.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500144 and on the National Stock Exchange(NSE) under FINCABLES.
The Corporate was formerly known as Alfa Rubber Co Limited. The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 30.59 Cr.
The company currently has active open charges totaling ₹844.60 Cr. The company has closed loans amounting to ₹300.74 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Finolex Cables Limited India are Mr Viswanathan as CFO and Siddhesh Mandke as Company Secretary. Sanjay Mathur, Nikhil Naik, Sriraman Raghuraman, and Six other members serve as directors at the Company.
Company Details
- Location Na, Maharashtra
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
What products or services does Finolex Cables Limited offer?
Finolex Cables Limited offers a wide range of products and services, including Electrical Cables & Wires, Power Cable, PVC, FRP, HDPE & Other Plastic Pipes, Plumbing Pipe, Telecommunication Equipment & Parts, Fiber Optic Cable, Indoor Lights & Lighting Accessories, CFL Light, Automobile Electrical Components, Automotive Cables.
Who are the key members and board of directors at Finolex Cables?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mr Viswanathan  | CFO | 12-Feb-2015 | Current |
| Siddhesh Mandke | Company Secretary | 04-Apr-2023 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Zubin Billimoria | Director | 30-Sep-2021 | Current |
| Vanessa Singh | Director | 30-Sep-2021 | Current |
| Sanjay Mathur | Additional Director | 29-Oct-2024 | Current |
| Lipi Todi | Additional Director | 29-Oct-2024 | Current |
| Nikhil Naik | Director | 30-Sep-2021 | Current |
| Sriraman Raghuraman | Director | 30-Sep-2021 | Current |
Financial Performance of Finolex Cables.
Finolex Cables Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.37% increase. The company also saw a substantial improvement in profitability, with a 24.01% increase in profit. The company's net worth Soared by an impressive increase of 13.66%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Finolex Cables?
In 2022, Finolex Cables had a promoter holding of 35.86% and a public holding of 64.15%. The company had 1 Joint Venture and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mpm Private LimitedSanjay Mathur is a mutual person
Paisalo Digital LimitedAnoop Krishna is a mutual person
Aakash Educational Services LimitedNikhil Naik is a mutual person
Matix Fertilisers And Chemicals LimitedNikhil Naik is a mutual person
Amoris Aqua Private LimitedSanjay Mathur is a mutual person
Essar Ports LimitedNikhil Naik is a mutual person
Charges (Loans)
₹844.60 Cr
₹300.74 Cr
Charges Breakdown by Lending Institutions
- Others : 450.00 Cr
- Bank Of Maharashtra : 136.15 Cr
- Banque Nationale De Paris : 55.00 Cr
- The Industrial Credit And Investment Corp. Of India Ltd. : 50.00 Cr
- Bank Of Baroda : 50.00 Cr
- Others : 103.45 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Dec 1998 | Bank Of Baroda | ₹50.00 Cr | Open |
| 22 Jan 1998 | Corporation Bank | ₹28.55 Cr | Open |
| 22 Jan 1998 | Bank Of Maharashtra | ₹136.15 Cr | Open |
| 10 Dec 1997 | Banque Nationale De Paris | ₹55.00 Cr | Open |
| 26 Mar 1997 | The Industrial Credit And Investment Corp. Of India Ltd. | ₹50.00 Cr | Open |
How Many Employees Work at Finolex Cables?
Finolex Cables has a workforce of 1606 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Finolex Cables, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Finolex Cables's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
