Finolex Cables Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings

Investors weighing a Finolex Cables target price for 2027 should start with where the stock sits today. At Rs 1,393.70 on 9 October 2026, it is 7.0% below its 52-week high of Rs 1,499.00 and 98.9% above its 52-week low of Rs 700.80. That range spans 114% from low to high, so the entry point matters as much as the Finolex Cables price forecast itself.

This article builds the Finolex Cables share price target from reported numbers only: five years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario shows its assumptions, so you can see exactly how the Rs 1,468 base case and the Rs 1,784 bull case were reached, along with a downside risk level of Rs 1,122.

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Finolex Cables Stock Analysis: Company Overview and Key Stats

Finolex Cables (NSE: FINCABLES) has a market capitalisation of Rs 21,441 crore. In FY26 it reported revenue of Rs 6,487 crore and net profit of Rs 713.72 crore. The table collects the figures the Finolex Cables share price target is built on.

Metric	Value
Company	Finolex Cables
NSE Ticker	FINCABLES
CMP (9 October 2026)	Rs 1,393.70
52-Week High	Rs 1,499.00
52-Week Low	Rs 700.80
Market Cap	Rs 21,441 crore
PE Ratio (TTM)	26.80
Industry PE	50.85
Price to Book	3.52
Return on Equity	11.73%
Debt to Equity	0.00
EPS (TTM)	Rs 52.32
Dividend Yield	0.64%
12-Month Base Target	Rs 1,468
Bull Case	Rs 1,784
Downside Risk Level (not a target)	Rs 1,122

Why Is Finolex Cables Share Price Target Set at Rs 1,468 for 2027?

The base-case Finolex Cables stock target of Rs 1,468 applies a PE multiple of 26.80 to a forward EPS estimate of Rs 54.76. That EPS assumes 4.7% yearly growth, the pace from FY24 to FY26, and puts the target 5.3% above the current price. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.

Earnings Growth Behind the Finolex Cables Target Price: Five Years of Results

Finolex Cables grew revenue from Rs 3,840 crore in FY22 to Rs 6,487 crore in FY26, a compound annual growth rate of 14.0%. Net profit grew more slowly, from Rs 599.14 crore to Rs 713.72 crore (4.5% a year), which points to margin pressure alongside the sales growth.

Financial Year	Revenue (Rs Cr)	Net Profit (Rs Cr)	EPS (Rs)	Dividend per Share (Rs)
FY22	3,839.56	599.14	39.18	6.00
FY23	4,598.85	504.28	32.97	7.00
FY24	5,189.73	651.69	42.61	8.00
FY25	5,516.31	700.77	45.82	8.00
FY26	6,486.64	713.72	46.67	9.00

FY26 revenue growth was 17.6%, faster than the four-year average of 14.0%, and net profit moved up 1.8%. EPS rose from Rs 42.61 in FY24 to Rs 46.67 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.

Margins and the Latest Quarter

Finolex Cables converted 11.0% of FY26 revenue into net profit, against 12.7% in FY25, within a five-year range of 11.0% to 15.6%. EBITDA margin was 15.3% in FY26 versus 17.6% in FY25.

In the June 2026 quarter, revenue was Rs 2,065 crore, up 42.4% from the same quarter a year earlier, while net profit of Rs 249.04 crore was up 53.1%. EBITDA came in at Rs 295.67 crore, up 55.2% year on year. The next quarterly result is the first test of whether the earnings assumption holds.

Balance Sheet and Cash Flow

Debt to equity stands at 0.00, and shareholders' equity grew from Rs 3,922 crore in FY22 to Rs 6,086 crore in FY26. Operating cash flow in FY26 was Rs 49.08 crore against capital expenditure of Rs 154.28 crore, leaving negative free cash flow of Rs 105.20 crore. In FY25 free cash flow was negative at Rs 29.18 crore.

Valuation Check for the Finolex Cables Stock Target: PE, Price to Book and ROE

At a PE of 26.80 against an industry PE of 50.85, Finolex Cables trades at a discount to its industry. Price to book is 3.52 on a book value of Rs 397.93 per share, and return on equity is 11.73%. A PE of 26.80 equals an earnings yield of 3.7%, and the FY26 dividend of Rs 9.00 per share gives a yield of 0.64%.

Shareholding Pattern and Institutional Holding

Promoters held 35.86% of Finolex Cables in June 2026, and promoter holding has stayed near 35.86% since June 2025. Foreign institutional investors (FII) held 9.65% and domestic institutions (DII) held 16.70%, which puts total institutional holding at 26.35%. FII holding fell from 10.67% in June 2025 to 9.65% in June 2026. Public shareholders own the remaining 37.79%. A meaningful institutional holding adds a layer of research coverage and trading depth.

Finolex Cables Share Price Targets for the Short Term and 12 Months

Short Term Finolex Cables Stock Target Levels: Technical Setup

At Rs 1,393.70 on 9 October 2026, Finolex Cables trades above its 50-day simple moving average of Rs 1,293.32 and above its 200-day exponential moving average of Rs 1,080.66. The 14-day RSI reads 47.3, which is neutral territory, and the MACD line sits below its signal line. The nearest resistance level is Rs 1,499.00 (52-week high) and the nearest support is Rs 1,293.32 (50-day simple moving average). A sustained move above Rs 1,499.00 would improve the short-term setup, while a close below Rs 1,293.32 would shift attention to the next support.

12 Month Finolex Cables Target Price for 2027

The 12-month target for Finolex Cables is Rs 1,468: forward EPS of Rs 54.76 at a PE of 26.80. That is 5.3% above Rs 1,393.70. It would still leave the stock 2.1% below its 52-week high of Rs 1,499.00.

How EPS Growth and PE Multiple Change the Finolex Cables Target Price

EPS Growth	PE 21.44	PE 26.80	PE 30.82
0.0% (EPS Rs 52.32)	Rs 1,122	Rs 1,402	Rs 1,613
4.7% (EPS Rs 54.76)	Rs 1,174	Rs 1,468	Rs 1,688
10.7% (EPS Rs 57.90)	Rs 1,241	Rs 1,552	Rs 1,784

Each cell multiplies the forward EPS estimate by the PE shown. Reading across a row shows what a de-rating or re-rating does to the Finolex Cables price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.

Bull Case and Downside Risk for Finolex Cables Stock Target in 2027

Bull Case Rs 1,784

The bull case Finolex Cables price target needs EPS growth of 10.7%, which lifts forward EPS to Rs 57.90, and a PE multiple that rises 15% to 30.82. That gives Rs 1,784, 28.0% above the current price and above the 52-week high of Rs 1,499.00, so the stock would have to set a fresh 52-week high.

Downside Risk Level Rs 1,122

The downside risk level is not a target. It assumes EPS stays flat at Rs 52.32 and the PE falls 20% to 21.44. That gives Rs 1,122, 19.5% below the current price and above the 52-week low of Rs 700.80.

Scenario	EPS Growth	PE Multiple	Price (Rs)	Change vs CMP
Bull Case	10.7%	30.82	Rs 1,784	+28.0%
Base Case	4.7%	26.80	Rs 1,468	+5.3%
Downside Risk	0.0%	21.44	Rs 1,122	-19.5%

Key Risks to the Finolex Cables Target Price for 2027

Growth Slowdown Risk for the Finolex Cables Price Target

Revenue in the June 2026 quarter was up 42.4% year on year, and FY26 revenue growth was 17.6%. If growth slows from here, the EPS estimate behind the Finolex Cables stock target will need revising.

Liquidity and Size Risk

Finolex Cables has a market capitalisation of Rs 21,441 crore. Institutional holding is 26.35%, and promoters hold 35.86%. Stocks of this size are usually liquid, though exits can take longer than entries when the market is falling.

Valuation and Margin Risk

Net margin was 11.0% in FY26, and a squeeze from higher costs or weaker pricing would hit earnings first. At a PE of 26.80 versus an industry PE of 50.85, a de-rating toward the downside-risk PE of 21.44 would cut the price even if earnings hold.

Market and Technical Risk

The stock trades 7.0% below its 52-week high, with an RSI of 47.3 and a MACD reading below its signal line. Broader market weakness can override company fundamentals in the short term.

How to Invest in Finolex Cables

Start with the live price and volume. Any Finolex Cables share price target is only as current as the data behind it, and the data here is as of 9 October 2026, so refresh the Rs 1,393.70 price before acting on any level.

Next, review the fundamentals yourself. The Univest Screener lets you check Finolex Cables' PE, ROE, debt and shareholding in one place.

Check Finolex Cables fundamentals on the Univest Screener

Then compare the three Finolex Cables target price scenarios with your own view. If you expect EPS growth below 4.7%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.

Decide your position size and exit levels before you buy. The support and resistance levels above can serve as reference points, but they are not recommendations.

Finally, place the order through a SEBI-registered broker or the Univest app, and review the position after each quarterly result. Consult a SEBI-registered advisor if you are unsure.

Download the Univest iOS App or Univest Android App to track Finolex Cables live price and get daily stock recommendations.

Conclusion

The Finolex Cables share price target for 2027 is Rs 1,468 in the base case, with Rs 1,784 as the bull case. The support for that view is arithmetic you can check: EPS grew 4.7% a year over FY24 to FY26, and the stock trades at a PE of 26.80. The risks are equally concrete, including a stock that sits 7.0% below its 52-week high and a downside scenario that cuts the price 19% if earnings stall. Use these numbers as a framework, check them against the latest filings, and size any position to your own risk appetite.

FAQs on Finolex Cables Share Price Target 2027

What is the Finolex Cables share price target for 2027?

Ans. The base-case Finolex Cables share price target for 2027 is Rs 1,468, with Rs 1,784 as the bull case. The downside risk level, which is not a target, is Rs 1,122. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.

What is the Finolex Cables share price today?

Ans. As of 9 October 2026, 1:18 PM IST, Finolex Cables trades at Rs 1,393.70, down 0.61% on the day. The 52-week range is Rs 700.80 to Rs 1,499.00.

Is Finolex Cables a buy or sell at the current price?

Ans. The data is mixed rather than one-sided: EPS has grown 4.7% a year over FY24 to FY26, but the stock is 7.0% below its 52-week high. Whether Finolex Cables fits your portfolio depends on your time horizon and risk appetite, so consult a SEBI-registered advisor before investing. This article is not investment advice.

What are the bull case target and downside risk level for Finolex Cables shares?

Ans. The bull case target is Rs 1,784, which assumes 10.7% EPS growth and a PE of 30.82. The downside risk level is Rs 1,122, which assumes flat EPS and a PE of 21.44. It marks a risk, not a target.

What are the main risks to the Finolex Cables price target?

Ans. The main risks are slower revenue growth, a small market capitalisation of Rs 21,441 crore, a PE de-rating and short-term weakness in the broader market. Each is covered in the risk section above.

What is the PE ratio of Finolex Cables and how does it compare with the industry?

Ans. The PE ratio of Finolex Cables is 26.80 against an industry PE of 50.85. Price to book is 3.52 and return on equity is 11.73%. The base case in the Finolex Cables price target holds this PE constant.

Who owns Finolex Cables, and what is the promoter holding?

Ans. Promoters held 35.86% of Finolex Cables in June 2026. FII held 9.65%, DII held 16.70% and the public held 37.79%.

What were Finolex Cables' latest quarterly results?

Ans. In the June 2026 quarter, Finolex Cables reported revenue of Rs 2,065 crore (up 42.4% year on year) and net profit of Rs 249.04 crore (up 53.1%).