Finolex Cables Limited
Finolex Cables Limited engages in the manufacture and sale of electrical and communication cables, and other electrical appliances in India and internationally. The company operates through Electrical Cables, Communication Cables, Copper Rods, and Others segments. It offers PVC, flame retardant low smoke, halogen free flame retardant insulated industrial, and 3 core flat cables; communication cab… Read more
Finolex Cables Limited (FINCABLES) - Total Assets
Latest total assets as of September 2025: ₹66.57 Billion INR
Based on the latest financial reports, Finolex Cables Limited (FINCABLES) holds total assets worth ₹66.57 Billion INR as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Finolex Cables Limited - Total Assets Trend (2005–2025)
This chart illustrates how Finolex Cables Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Finolex Cables Limited - Asset Composition Analysis
Current Asset Composition (March 2025)
Finolex Cables Limited's total assets of ₹66.57 Billion consist of 60.2% current assets and 39.8% non-current assets.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₹553.40 Million | 1.4% |
| Accounts Receivable | ₹2.43 Billion | 3.9% |
| Inventory | ₹7.17 Billion | 11.4% |
| Property, Plant & Equipment | ₹7.92 Billion | 12.6% |
| Intangible Assets | ₹14.80 Million | 0.0% |
| Goodwill | ₹0.00 | 0.0% |
Asset Composition Trend (2005–2025)
This chart illustrates how Finolex Cables Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Finolex Cables Limited's current assets represent 60.2% of total assets in 2025, an increase from 50.5% in 2005.
- Cash Position: Cash and equivalents constituted 1.4% of total assets in 2025, up from 0.8% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2005.
- Asset Diversification: The largest asset category is property, plant & equipment at 12.6% of total assets.
Finolex Cables Limited Competitors by Total Assets
Key competitors of Finolex Cables Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
YM Tech Co. Ltd.
KQ:273640
|
Korea | ₩61.47 Billion |
|
T-Conn Precision Corporation
TWO:6833
|
Taiwan | NT$1.20 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
Finolex Cables Limited - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Finolex Cables Limited generates 0.85x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Finolex Cables Limited generates $ 11.15 in net profit.
Finolex Cables Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 7.67 | 7.17 | 7.64 |
| Quick Ratio | 6.13 | 5.99 | 5.72 |
| Cash Ratio | 0.01 | 0.11 | 0.00 |
| Working Capital | ₹34.26 Billion | ₹ 31.76 Billion | ₹ 19.46 Billion |
Finolex Cables Limited - Advanced Valuation Insights
This section examines the relationship between Finolex Cables Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.09 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 11.6% |
| Total Assets | ₹62.87 Billion |
| Market Capitalization | $654.92 Million USD |
Valuation Analysis
Below Book Valuation: The market values Finolex Cables Limited's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Finolex Cables Limited's assets grew by 11.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Finolex Cables Limited (2005–2025)
The table below shows the annual total assets of Finolex Cables Limited from 2005 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | ₹62.87 Billion | +11.56% |
| 2024-03-31 | ₹56.35 Billion | +13.15% |
| 2023-03-31 | ₹49.80 Billion | +10.82% |
| 2022-03-31 | ₹44.94 Billion | +15.66% |
| 2021-03-31 | ₹38.86 Billion | +14.06% |
| 2020-03-31 | ₹34.07 Billion | +8.01% |
| 2019-03-31 | ₹31.54 Billion | +13.30% |
| 2018-03-31 | ₹27.84 Billion | +14.59% |
| 2017-03-31 | ₹24.29 Billion | +15.76% |
| 2016-03-31 | ₹20.99 Billion | +28.46% |
| 2015-03-31 | ₹16.34 Billion | +4.46% |
| 2014-03-31 | ₹15.64 Billion | +11.38% |
| 2013-03-31 | ₹14.04 Billion | +15.47% |
| 2012-03-31 | ₹12.16 Billion | +0.07% |
| 2011-03-31 | ₹12.15 Billion | +6.34% |
| 2010-03-31 | ₹11.43 Billion | +5.26% |
| 2009-03-31 | ₹10.86 Billion | -24.25% |
| 2008-03-31 | ₹14.33 Billion | +14.60% |
| 2007-03-31 | ₹12.51 Billion | +10.13% |
| 2006-03-31 | ₹11.36 Billion | +22.07% |
| 2005-03-31 | ₹9.30 Billion | -- |