FINANCIAL
MANAGEMENT
[Link]
[Link] (A&F) II-A
20E1607
FINOLEX CABLES
REGISTERED OFFICE : 26-27, Mumbai-Pune Road, Pimpri,
Pune - 411 018.
WEBSITE : [Link]
PRODUCTS : WIRES AND CABLES
OPTICAL FIBRE CABLES
SWITCHES
LED LIGHTINGS
FANS
MCB
WATER HEATER
CCTV CABLES
PRODUCTS
WIRES AND CABLES OPTICAL FIBER CABLES
PRODUCTS
SWITCHES LED LIGHTINGS
PRODUCTS
FANS MCB
PRODUCTS
WATER HEATER CCTV CABLES
OVERVIEW
• Finolex Cables Ltd is India`s largest and leading manufacturer of electrical and
telecommunication cables.
• The company`s product range includes PVC insulated electrical wires and Flame
Retardant Low Smoke electrical wires, PVC insulated single core and multicore
industrial flexible cables, Rodent Repellent Multicore Flexible Cables, PVC Insulated
Winding Wires and Core Flat Cables, XLPE Core Flat Cables, Power and Control
Cables, High Voltage Power Cables , Polyethylene Insulated Jelly Filled Telephone
Cables, Auto & Battery Cables, Co-axial and CATV cables, LAN Cables, Switchboard
Cables, Fibre Optic Cables and others.
• The company also in the business segment of Copper Rod, Electrical Cables,
Communication Cables.
INDUSTRY SECTOR :Cables – Telephone
CURRENT SHARE PRICE: NSE – Rs.451.70 ( As of 25th, October 2021, 15:59)
BSE – Rs.452.95 ( As of 25th , October 2021, 16:00)
CURRENT MARKET CAPITALIZATION
Current Market Capitalization of the company Rs.7,020 Cr.
PROOF :
a) Lowest closing stock price during Demonetization period
i.e. 8 Nov 2016 – 30 Dec 2016: NSE-RS.375.90
BSE- RS.376.05
PROOF :
b) Closing stock price on 31 March 2017 – NSE – Rs.707.50
BSE – Rs.707.40
PROOF :
c) Closing stock price on 31 March 2018 – NSE – Rs.454.20
BSE – Rs.451.15
PROOF :
Closing stock price on 31 March 2019 - NSE – Rs.371.10
BSE – Rs.370.75
PROOF:
e) Closing stock price on 31 March 2020 – NSE – Rs.344.65
BSE – Rs.342.60
PROOF :
f) Closing stock price on 31 March 2021 - NSE – Rs.451.70
BSE – Rs.451.90
PROOF :
PROFIT/LOSS
[Link] or Loss for the company in the last 3 years:
Year ending Rs. In Cr.
31 March 2021 282.89
31 March 2020 402.48
31 March 2019 344.09
REVENUE FROM OPERATION
Revenue from operations of the company in the last 3 years:
Year ending Rs. In Cr.
31 March 2021 2845.10
31 March 2020 3049.19
31 March 2019 3199.62
NET CASH FLOW
What is the net cash flow from operating activities of the company in the last 3 years?
Year ending Rs. In Cr.
31 March 2021 114.37
31 March 2020 308.80
31 March 2019 154.06
NET CASH AND CASH EQUIVALENTS
What is the net cash and cash equivalents (closing) of the company in the last 3 years?
Year ending Rs. In Cr.
31 March 2021 24.60
31 March 2020 856.02
31 March 2019 46.38
LISTING
Sensex Yes / No
Nifty Yes / No
BSE -100 Yes / No
BSE - 200 Yes / No
PROOF
LAST DATE OF AGM
Date of the last AGM of the company: 29.09.2020
ANNOUNCEMENT DATE – 04.09.2020
BOOK CLOSURE DATE - 29.09.2020
PROOF
COMPETITORS
Competitors of FINOLEX CABLES LTD
Polycab
Sterlite Techno
KEI Industries
Precision wires
PROOF
RANKS
MARKET CAPITALIZATION
Rank Name of Company Market capitalization (Rs.
Cr)
1 Polycab 33,773.36
2 Sterlite Techno 10,881.30
3 KEI Industries 8,236.09
4 Finolex Cables 7,171.33
PROOF
RANK
NET PROFIT
Rank Name of Company Net Profit (Rs. Cr)
1 Polycab 831.33
2 Finolex Cables 282.89
PROOF
RANK
NET SALES
Rank Name of Company Sales Turnover (Rs. Cr)
1 Polycab 8,736.36
2 KEI Industries 4,181.49
3 Sterlite Techno 4,142.01
4 Finolex Cables 2,768.11
PROOF
KEY DECISION AREAS
INVESTMENT
DECISIONS
Launch of new
products
Decorative fans
Anti bacteria fans
Electrical Conduits
Innovative LED
products
• launched fast-moving products
like PVC Insulation Tape,
Immersion Rods etc.
• We are also increasingly
investing in below the line
(BTL) initiatives with shop
signages, display units, in-shop
branding and POS material.
• Launching digital apps for
better customer experience To
make the buying process
seamless and convenient for
our customers, we launched
two apps – Finolex Smart Wiz
and Finolex Cable Calc.
• Embracing emerging shopping
platforms
Introduced immersion
rods and the attractively
designed Jubito Plus
storage water heaters.
launched lighting and
fan products that can be
retrofitted onto existing
switches, thus ensuring
that the latest in smart
technology is available
at affordable price
points.
REFERENCE : [Link]
Investing on new manufacturing facilities for
irradiated electron beam (E-beam) processing to
make various new products which can withstand
higher temperature and are more abrasive resistant
due to the cross-linking properties.
Theye are also expanding their communication
cable segment by adding capacity in coaxial, LAN
and fibre optic cables.
Besides, they are also focusing on expanding the
distribution reach to grow our LDC product range
A new plant to manufacture PVC conduits is under
construction at our Goa facility and expected to go
on stream in the next two months. This will allow
the Company to start a business relationship with
the project developers right at the initial stage after
which wires, MCBs, switches, lighting will be
required to complete the wiring in a home.
INVESTMENT DECISION WHICH COMPANY PLANS TO IMPLEMENT
As the pandemic situation resolves
over next year , we also see
increasing investments being made
in the development of the healthcare
infrastructure.
Intending to reach a turnover of
INR 10,000 crore over the next five
years, we will continue to expand
offerings in electrical products and
introduce new products across
multiple segments to augment the
scale and strength of our business.
4 CSR (CORPORATE SOCIAL RESPONSIBILITIES)
1. Organized mobile hospital
facilities and improved healthcare
facilities in rural areas
2. Provided advanced cardiac
ambulances for emergency
medical needs of the
underprivileged
3. Extended medical care and
facilities to children suffering
from H1B diabetes
4. Provided school buses for travel
needs of school children from
financially weaker backgrounds
INVESTMENT IN FIXED ASSETS
1)Has the company purchased any fixed assets during the last 2 years? If so, how much?
YES , It Purchased property,
Plant and Equipment.
Year (Rs. Cr)
2020-2021 54.91
2019-2020 32.33
2) Has the company sold any fixed assets during the last 2 years? If so, how much?
YES, It sold Property, Plant
and Equipments on PROFIT.
Year (Rs. Cr)
2020-2021 0.03
2019-2020 0.08
FINANCIAL DECISIONS
1. Current Face Value of the equity share: Rs.2
2. How many shares does the company have? -152939345
3. What is the percentage of shareholding held by promoters of
the company? - 35.86%
4. What is the percentage of shareholding held by public of the
company? - 17.16%
5. Does the company have any preference shares? NO
PROOF
1. Did the company change its face value at any time (Stock Splits): Yes/No
2. If Yes, provide details:
1. Did the company go in for rights issue? Yes/No.
2. If yes, give details with proofs.
Is it a debt-free company ? Yes
LONG TERM BORROWINGS
1. Does the company currently have any
long term borrowings? Yes/No
2. If yes, how much are the long term
borrowings in the last 2 years? Year
Long term (Rs. Cr)
borrowings
2020-2021 0.31
2019-2020 0.34
3. Has it increased/decreased/remained
the same? Decreased
What are the short-term borrowings of the company in the last 3 years?
Year ending Rs. In Cr.
31 March 2021 0
31 March 2020 0
31 March 2019 0
TRADE PAYABLES
What are the trade payables of the company in the last 3 years?
Year ending Rs. In Cr.
31 March 2021 176.03
31 March 2020 158.68
31 March 2019 208.27
TOTAL CURRENT ASSETS
What are the Total Current Assets of the company in the last 3 years?
Year ending Rs. In Cr.
31 March 2021 2,343.38
31 March 2020 2,069.17
31 March 2019 1692.02
TOTAL CURRENT LIABILITIES
What are the Total Current Liabilities of the company in the last 3 years?
Year ending Rs. In Cr.
31 March 2021 250.74
31 March 2020 238.92
31 March 2019 261.19
WORKING CAPITAL
Calculate the working capital of
the company in the last 3
years?
WORKING CAPITAL = CURRENT
ASSETS – CURRENT LIABILITIES
Year ending Rs. In Cr.
31 March 2021 2092.64
31 March 2020 1830.25
31 March 2019 1430.83
CALCULATION OF WORKING CAPITAL
FORMULA:
WORKING CAPITAL = CURRENT ASSETS – CURRENT LIABILITIES
[Link] 31ST MARCH 2021
WORKING CAPITAL = Rs.2092.64 (2,343.38 - 250.74)
2. FOR 31ST MARCH 2020
WORKING CAPITAL = Rs.1830.25 (2,069.17 - 238.92)
3. FOR 31ST MARCH 2019
WORKING CAPITAL = Rs.1430.83(1,692.02 - 261.19)
