FINCABLES - Fundamental Analysis: Financial Health & Valuation
Back to ListFundamental Rating: 3.8
| Stock Code | FINCABLES | Market Cap | 15,149 Cr. | Current Price | 991 ₹ | High / Low | 1,028 ₹ |
| Stock P/E | 24.7 | Book Value | 314 ₹ | Dividend Yield | 0.81 % | ROCE | 16.2 % |
| ROE | 12.4 % | Face Value | 2.00 ₹ | DMA 50 | 881 ₹ | DMA 200 | 857 ₹ |
| Chg in FII Hold | 0.20 % | Chg in DII Hold | 0.67 % | PAT Qtr | 136 Cr. | PAT Prev Qtr | 187 Cr. |
| RSI | 68.3 | MACD | 42.2 | Volume | 3,73,528 | Avg Vol 1Wk | 5,33,650 |
| Low price | 701 ₹ | High price | 1,028 ₹ | PEG Ratio | 2.36 | Debt to equity | 0.00 |
| 52w Index | 88.4 % | Qtr Profit Var | 9.71 % | EPS | 40.1 ₹ | Industry PE | 24.5 |
Financials & Valuation:
FINCABLES shows solid fundamentals. ROCE (16.2%) and ROE (12.4%) reflect decent efficiency. EPS of 40.1 ₹ supports profitability, though quarterly PAT declined to 136 Cr. from 187 Cr., indicating earnings volatility. Debt-to-equity is 0.00, highlighting a debt-free balance sheet.
Valuation Indicators:
P/E ratio of 24.7 is aligned with the industry average (24.5), suggesting fair valuation. Book Value of 314 ₹ compared to current price of 991 ₹ shows premium pricing. PEG ratio of 2.36 indicates stretched valuation relative to growth. Dividend yield of 0.81% provides modest income support.
Business Model & Health:
FINCABLES, a key player in cables and electrical solutions, benefits from infrastructure and industrial demand. Strong EPS, debt-free status, and institutional confidence (FII +0.20%, DII +0.67%) reinforce overall health, though PAT decline raises caution.
Entry Zone & Holding Guidance:
Technically, support lies around 960–980 ₹, with resistance near 1,020–1,030 ₹. Entry near support levels offers favorable risk-reward. Long-term holding is justified given strong fundamentals and sector demand, though valuation premium should be monitored.
Positive
- Debt-free balance sheet (0.00 debt-to-equity).
- EPS of 40.1 ₹ supports profitability.
- Institutional confidence with FII (+0.20%) and DII (+0.67%) increases.
- Strong sector demand outlook.
Limitation
- Quarterly PAT decline (136 Cr. vs 187 Cr.).
- PEG ratio (2.36) indicates stretched valuation.
- RSI (68.3) suggests near overbought levels.
- Premium valuation compared to book value.
Company Negative News
- Decline in quarterly PAT.
- Overbought technical indicators may trigger profit booking.
Company Positive News
- Institutional holdings increased, reflecting confidence.
- EPS remains strong at 40.1 ₹.
- Debt-free balance sheet enhances financial stability.
Industry
- Cable and electrical sector benefits from infrastructure expansion and industrial growth.
- Industry PE (24.5) aligns with FINCABLES, supporting fair valuation.
- Long-term demand supported by power and construction projects.
Conclusion
FINCABLES is fundamentally strong with a debt-free balance sheet, solid EPS, and institutional support. Entry near 960–980 ₹ offers a favorable setup. Long-term investors can hold with confidence, while monitoring valuation premium and earnings volatility.
Would you like me to extend this into a peer benchmarking overlay comparing FINCABLES against Polycab and KEI Industries to highlight relative positioning in valuation, profitability, and sector strength?