Finolex Cables Limited

This company manufactures electrical and telecommunication cables, copper rods, switches, and lighting products.

1967 | Active
Last Updated:

Finolex Cables Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 30.59 Cr
  • Company Age 57 Year, 11 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 11 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

  • CIN/LLPIN

    L31300MH1967PLC016531

  • Company No.

    016531

  • Stock Symbol

    BSE : 500144 NSE : FINCABLES

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Jun 1967

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Pune

Industry

Manufacturing

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.

Company report

Finolex Cables Limited

Explore comprehensive data for Finolex Cables Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Finolex Cables?

Executive Team (2)

NameDesignationAppointment DateStatus
Mr Viswanathan Country flag representing In CFO12-Feb-2015Current
Siddhesh Mandke Country flag representing In Company Secretary04-Apr-2023Current

Board Members (9)

NameDesignationAppointment DateStatus
Zubin Billimoria Country flag representing In Director 30-Sep-2021Current
Vanessa Singh Country flag representing In Director 30-Sep-2021Current
Sanjay Mathur Country flag representing In Additional Director 29-Oct-2024Current
Lipi Todi Country flag representing In Additional Director 29-Oct-2024Current
Nikhil Naik Country flag representing In Director 30-Sep-2021Current
Sriraman Raghuraman Country flag representing In Director 30-Sep-2021Current

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%.

Finolex Cables revenue growth over time
Finolex Cables profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
19.37%
Revenue from Operations
18.92%
Total Assets
13.42%
Profit or Loss
24.01%
Net Worth
13.66%
EBITDA
19.36%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹844.60 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
30 Dec 1998Bank Of Baroda₹50.00 CrOpen
22 Jan 1998Corporation Bank₹28.55 CrOpen
22 Jan 1998Bank Of Maharashtra₹136.15 CrOpen
10 Dec 1997Banque Nationale De Paris₹55.00 CrOpen
26 Mar 1997The Industrial Credit And Investment Corp. Of India Ltd.₹50.00 CrOpen

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.

Employee growth trends for Finolex Cables Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Finolex Cables

Recent activity within the organization

  • Director Appointment

    Sanjay Mathur was appointed as a Additional Director was appointed as a Additional Director on 29 Oct 2024 & has been associated with this company since 6 months 14 days .

  • Director Appointment

    Lipi Todi was appointed as a Additional Director was appointed as a Additional Director on 29 Oct 2024 & has been associated with this company since 6 months 14 days .

  • Director Appointment

    Anoop Krishna was appointed as a Additional Director was appointed as a Additional Director on 29 Oct 2024 & has been associated with this company since 6 months 14 days .

  • Director Appointment

    Pravin Ramrao Ahire was appointed as a Additional Director was appointed as a Additional Director on 24 Oct 2024 & has been associated with this company since 6 months 19 days .

  • Annual General Meeting

    Finolex Cables Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Finolex Cables Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Finolex Cables Limited?

    Finolex Cables Limited was incorporated on 05 Jun 1967.

  • What is authorized share capital and paid-up capital of Finolex Cables Limited?

    The authorized share capital of Finolex Cables Limited is ₹ 50.00 Cr and paid-up capital is ₹ 30.59 Cr.

  • Who are the current board members & directors of Finolex Cables Limited?

    Currently 11 directors are associated with Finolex Cables Limited.

    • Sanjay Mathur
    • Nikhil Manohar Naik
    • Sriraman Raghuraman
    • Lipi Todi
    • Zubin Framroze Billimoria
    • Anoop Krishna
    • Ratnakar Prakash Barve
    • Vanessa Singh
    • Pravin Ramrao Ahire
    • Mr Mahesh Viswanathan
    • Siddhesh Sudhir Mandke

  • What is the registered address of Finolex Cables Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Finolex Cables Limited is 26/27 Bombay Poo Road Pimpri, Pune - 18. India, Na, Maharashtra.

  • What is the corporate identification number (CIN) and company number of Finolex Cables Limited?

    The corporate identification number (CIN) of Finolex Cables Limited is L31300MH1967PLC016531 and the company number is 016531 as per Ministry of Corporate Affairs (MCA).

  • Is Finolex Cables Limited registered with any stock exchange in India?

    Yes, Finolex Cables Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): FINCABLES.

  • What is the official website of Finolex Cables Limited?

    The Official website of Finolex Cables Limited is https://www.finolex.com

  • What has been the recent revenue trend for Finolex Cables Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Finolex Cables Limited has risen by 19.37%.

  • How many employees does Finolex Cables Limited currently have?

    As Per 2023 financial reports, 1606 employees are currently employed by Finolex Cables Limited.

  • What change has been observed in the net worth of Finolex Cables Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Finolex Cables Limited has experienced an upsurge of 13.66%.

  • What are the total open charges for Finolex Cables Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Finolex Cables Limited amount to ₹ 844.60 Cr.

  • When was the last Balance Sheet of Finolex Cables Limited filed with the ROC?

    The most recent Balance Sheet for Finolex Cables Limited was filed with the ROC on 31 Mar 2024.

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