Finolex Cables

Finolex Cables Interest Coverage

The Interest Coverage Ratio of Finolex Cables (FINCABLES.NS) as of Oct 24, 2026 is 1.18. In the previous year, Interest Coverage Ratio was 1.72 — a change of -31.69% (lower).

Interest Coverage

1.18

YoY

-31.69%

Last updated:

Interest Coverage Ratio of Finolex Cables is 2025 1.18 . Interest Coverage Ratio of Finolex Cables was 2024 1.72 . It decreases by -31.69% lower compared to the previous year.

The Finolex Cables Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2018
3.05 INR
Jan 1, 2019
2.48 INR
Jan 1, 2020
2.16 INR
Jan 1, 2021
1.12 INR
Jan 1, 2022
0.99 INR
Jan 1, 2023
2.62 INR
Jan 1, 2024
1.72 INR
Jan 1, 2025
1.18 INR
The Finolex Cables Interest Coverage history
YEARInterest CoverageYoY
1.18-31.69%
1.72-34.38%
2.62+164.58%
0.99-11.29%
1.12-48.18%
2.16-13.02%
2.48-18.87%
3.05+15.69%
2.64-24.07%
3.48-34.53%
5.31-35.64%
8.25—

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Finolex Cables Stock analysis

What does Finolex Cables do? Finolex Cables Ltd manufactures and sells electrical and telecommunication cables, including PVC insulated industrial cables, FR-LSH PVC insulated industrial cables, and XLPE 3 core flat cables. The company's segments are Electrical cables, Communication cables, Copper rods, and Others, with the Others segment handling trading of electrical goods. Customers include infrastructure developers, construction firms, and industrial clients purchasing power and control cables, high voltage power cables up to 33 kV, and fiber optic cables for telecommunications projects. The firm also sells lighting products, electrical accessories, switchgear, fans, and water heaters to residential and commercial markets. Electrical cables and communication cables are the primary revenue drivers, with high voltage power cables up to 33 kV and fiber optic cables targeting infrastructure and telecom sectors. Copper rods are sold to manufacturers in the electrical and metal industries, while the Others segment trades electrical goods to supplement sales. Residential and commercial buyers purchase lighting products and water heaters, contributing to diversified revenue streams. The company's product portfolio spans industrial, commercial, and residential applications, with power and control cables, solar cables, and CATV cables serving specific market needs. Communication cables like co-axial and LAN cables are sold to telecom providers, while solar cables support renewable energy projects. This segmentation ensures consistent demand across multiple sectors without relying on a single customer base. Finolex Cables is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Finolex Cables stock

Interest Coverage Ratio of Finolex Cables is 1.18 in 2025.

Interest Coverage Ratio of Finolex Cables changed from 1.72 to 1.18, representing a -31.69% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Finolex Cables since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Finolex Cables with sector peers and the industry average to assess whether it is attractive.

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Leverage — Finolex Cables

All Key Metrics — Finolex Cables