Finolex Cables Reports 19% Revenue Growth to ₹6,321 Crore for FY26
Finolex Cables reported FY26 revenue of ₹6,321 crore, a 19% increase. Q4 FY26 revenue hit a record ₹1,951 crore. PAT grew 14% to ₹623 crore. The company recommended a dividend of ₹9 per share. Investments in optical fibre preform capacity and a Gujarat land acquisition are planned.
The announcement details significant financial performance, strategic investments in key growth areas like optical fibre, and positive future outlook, which are material to investors.
The company reported strong revenue and profit growth, highlighted a record quarterly revenue, recommended a dividend, and outlined positive strategic initiatives and future outlook.
Finolex Cables Limited held its 58th Annual General Meeting (AGM) on September 28, 2026. The Chairman's speech highlighted a strong financial performance for the Financial Year 2025-26, with revenue from operations growing by 19% to ₹6,321 crore, compared to ₹5,319 crore in the previous fiscal year. This growth was primarily driven by the Electrical business. The company achieved its highest-ever quarterly revenue in Q4 FY26, reaching ₹1,951 crore, a 22% increase year-on-year and sequentially.
EBITDA grew by 14% to ₹868 crore, and Profit After Tax (PAT) also increased by 14% to ₹623 crore, with Profit Before Tax (PBT) at ₹806.93 crore, up 13%. The moderation in profitability relative to revenue growth was attributed to higher raw material costs and currency volatility in the latter part of the year. The company also consciously built inventory worth approximately ₹300 crore to ensure uninterrupted production.
The Electrical Business recorded a segment revenue growth of 22% to ₹5,490 crore, with power cables volume growing 21%, industrial flexible cables by 17%, and auto cables by nearly 30%. The Communication Cables Business saw a significant turnaround in the second half, with Q4 revenue growing 32% year-on-year and segment EBIT growing 70% for the full year.
Strategic initiatives include investments of approximately ₹240 crore in capital expenditure during FY26, with a further ₹200 crore planned for FY26-27, funded through internal accruals. The company is expanding its optical fibre preform capacity with an investment of ₹100 crore, aiming to double capacity to nearly 8 million kilometres of fibre, making it one of the few Indian companies with in-house preform manufacturing. The Finolex J-Power Systems joint venture with Sumitomo turned profitable, delivering revenue of approximately ₹450 crore and a profit of around ₹21 crore.
The Board has recommended a dividend of ₹9 per equity share. The company is also positioning itself as a comprehensive “Total Electricals Solutions” provider and has acquired land in Gujarat for future capacity expansion. The outlook for the year ahead remains optimistic, driven by global data centre and AI infrastructure growth, along with domestic initiatives like the Revamped Distribution Sector Scheme (RDSS) and 5G rollout.
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Finolex Cables Limited filed this with the NSE as a statutory disclosure, categorised under other results related. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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