Finolex Cables Limited operates within the Nonferrous wiredrawing & insulating sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Finolex Cables Limited with three other
companies in this sector in India:
Shilpi Cable Technologies Ltd.
sales of 38.96 billion Indian Rupees [US$601.47 million]
Vindhya Telelinks Limited
(10.16 billion Indian Rupees [US$156.89 million]
of which 54%
was EPC), and
Precision Wires India Limited
(8.43 billion Indian Rupees [US$130.23 million]
During the year ended March of 2016, sales at
Finolex Cables Limited were 25.43 billion Indian Rupees (US$392.65 million).
increase of 3.8%
versus 2015, when the company's sales were 24.49 billion Indian Rupees.
This was the fifth consecutive year of sales increases at Finolex Cables Limited
(and since 2011, sales have increased a total of 25%).
Sales of Communication Cables saw an increase
that was more than double the company's growth rate: sales were up
89.8% in 2016, from
2.28 billion Indian Rupees to 4.32 billion Indian Rupees.
Not all segments of Finolex Cables Limited experienced an increase in sales in 2016:
sales of Other fell 77.7% to 554.80 million Indian Rupees.
Finolex Cables Limited also experienced decreases in sales in
Electric Cables (down 1.3% to 20.65 billion Indian Rupees)
Copper Rods (down 18.7% to 4.78 billion Indian Rupees)