Finolex Cables Q4 & FY26 Earnings Call Transcript Released
Finolex Cables reported Q4 FY26 revenue up 22% YoY and FY26 revenue up 19%. Q4 PAT increased 6% YoY. Electrical sector revenue grew 22% YoY. Communications segment revenue rose 30% QoQ in Q4. The company commissioned its preform plant and is expanding fiber capacity. JV with Sumitomo turned profitable.
The announcement provides a detailed update on financial performance, strategic initiatives like capacity expansion and JV performance, and outlook for key business segments, which are material information for investors.
The company reported positive financial results with significant revenue and profit growth in the electrical sector, and a turnaround in the EHV JV. While some segments faced challenges, the overall outlook for communications and electrical segments appears strong with capacity expansions underway.
Finolex Cables Limited has released the transcript of its Analyst/Investor Meet held on May 29, 2026, discussing the financial results for the quarter and financial year ended March 31, 2026. The transcript is also available on the company's website.
During the call, Mr. Mahesh Viswanathan, Deputy CEO and CFO, highlighted key financial performance metrics. Revenue for Q4 FY26 saw a 22% year-on-year and quarter-on-quarter increase, while full-year revenue grew by 19%. EBITDA improved by 7% YoY and 22% QoQ for Q4, and 14% for the full year. Profit After Tax (PAT) for the quarter was up 6% YoY and 19% QoQ, with full-year PAT increasing by 14%.
The electrical sector showed strong performance, with Q4 revenue up 22% YoY and 21% QoQ, reaching ₹1,697 crores, the highest achieved. Full-year revenue for this segment increased by 22%. EBIT for the quarter was up 30% QoQ and 17% YoY, and 18% higher for the full year. Segments like auto batteries, industrial flexibles, and power demonstrated high-double digit volume growth. Solar cables, introduced in Q4 FY26, are nearing capacity utilization, with plans for expansion.
However, the agricultural applications segment saw a decline of 15-16% in volumes due to pre-seasonal and continued monsoon impacts. The company experienced increased raw material costs and inventory costs towards the end of Q4 FY26, partly due to Middle East disturbances and INR depreciation, which put pressure on margins.
The communications segment's revenue was flat for the full year but grew by 30% YoY and QoQ in Q4 FY26. This improvement is attributed to hardening fiber prices globally, driven by increased demand from data centers in the US and Europe, and military applications. The company has commissioned its preform plant and is expanding fiber draw capacity, expected to be completed by July. Capex for FY27 is projected at ₹200 crores, with an additional ₹100 crores for remaining optic fiber preform capex.
The joint venture with Sumitomo for extra high-voltage (EHV) cables turned profitable in FY26, generating ₹21 crores profit on ₹450 crores revenue, with a positive outlook driven by market expansion potential and improved capacity utilization. The company is also focusing on enhancing its FMEG portfolio and strengthening distribution networks.
What to do with a filing like this
Finolex Cables Limited filed this with the NSE as a statutory disclosure, categorised under concall scheduled. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Finolex Cables Limited. Read the original for the full detail.