Finolex CablesNSE:FINCABLES -0.83%95 Net Margin % is 11.50% as of Mar. 2026, which is 14% below its 10-year median of 13.33. GuruFocus rates NSE:FINCABLES with a GF Score™ of 95/100 and a GF Value™ of ₹1,276.83 (Fairly Valued). The stock has 9 warning signs investors should review. Among 3,032 Industrial Products companies, Finolex Cables ranks better than 79.98% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Finolex Cables's Net Income for the
three
months ended in Mar. 2026 was ₹2,244 Mil. Finolex Cables's Revenue for the
three
months ended in Mar. 2026 was ₹19,511 Mil. Therefore, Finolex Cables's net margin for the quarter that ended in Mar. 2026 was 11.50%.
The historical rank and industry rank for Finolex Cables's Net Margin % or its related term are showing as below:
NSE:FINCABLES'
s Net Margin % Range Over the Past 10 Years
Min: 11.29 Med: 13.33 Max: 16.95
Current: 11.29
NSE:FINCABLES's Net Margin % is ranked better than 79.98% of 3032
companies
in the Industrial Products industry
Industry Median: 4.53
vs NSE:FINCABLES: 11.29
Finolex Cables (NSE:FINCABLES) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Finolex Cables Net Margin % Related Terms
Finolex Cables Net Margin % Historical Data
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The historical data trend for Finolex Cables's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Electrical Equipment & Parts subindustry, Finolex Cables's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Finolex Cables Net Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Finolex Cables's Net Margin % distribution charts can be found below:
* The bar in red indicates where Finolex Cables's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Finolex Cables (NSE:FINCABLES) has a Net Margin % of 11.50% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Finolex Cables and its competitors. This is 14% below median its historical median of 13.33. Over the past decade, Finolex Cables' Net Margin % has ranged from 11.29 to 16.95. According to the industry distribution chart, Finolex Cables ranks #607 out of 3032 companies in the Industrial Products industry, placing it in the top 20%.
Is Finolex Cables' Net Margin % too high?
Finolex Cables' current Net Margin % of 11.50% is 14% below median its 10-year median of 13.33. Over the past 10 years, this metric has ranged from a low of 11.29 to a high of 16.95. The Industrial Products industry median Net Margin % is 4.53. Finolex Cables' value of 11.50% is 153.9% above this industry median. Based on the distribution chart, Finolex Cables ranks #607 out of 3032 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Finolex Cables has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Finolex Cables' Net Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Finolex Cables ranks #607 out of 3032 companies for Net Margin %. This places Finolex Cables in the top 20% of its industry — outperforming the majority of peers. The industry median Net Margin % is 4.53. Finolex Cables' value of 11.50% is 153.9% above this benchmark. Historically, Finolex Cables' own Net Margin % has ranged from 11.29 to 16.95 over the past decade. While the company's 10-year median is 13.33 vs. the industry median of 4.53, Finolex Cables has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Industrial Products company?
The median Net Margin % among Industrial Products companies is 4.53, based on 3,032 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Finolex Cables's current Net Margin % of 11.50% is 153.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Finolex Cables and its competitors. For the Industrial Products industry, the median Net Margin % is 4.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Finolex Cables's current Net Margin % is 11.50%, which is 14% below median its own 10-year median of 13.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Finolex Cables stock overvalued right now?
Based on GuruFocus' analysis, Finolex Cables (NSE:FINCABLES) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,276.83, compared to a current price of ₹1,169.40 — trading 8.4% below its estimated fair value. The current Net Margin % is 11.50%, which is 14% below median its 10-year median of 13.33 and 153.9% above the Industrial Products industry median of 4.53. Finolex Cables' overall GF Score™ is 95/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Finolex Cables (NSE:FINCABLES), the current Net Margin % is 11.50% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Finolex Cables (NSE:FINCABLES) Overvalued in 2026?
Based on GuruFocus' analysis, Finolex Cables stock appears to be undervalued.
The current stock price of ₹1,169.40 is trading 8.4% below its estimated GF Value™ of ₹1,276.83.
GuruFocus considers Finolex Cables to be Fairly Valued.
Key valuation signals for NSE:FINCABLES:
Net Margin %: 11.50% (14% below median its 10-year median of 13.33)
GF Value™: ₹1,276.83 vs. price of ₹1,169.40 (8.4% below fair value)
Industry Position: 153.9% above the Industrial Products median (#607 of 3032)
No single metric tells the full story. See the NSE:FINCABLES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Finolex Cables Ltd is an electronic components company. The operating segments of the group are Electrical cables, Communication cables, Copper rods, and Others - Trading of Electrical and other goods. It derives a majority of its revenue from the Electrical cables segment. The group offers products like wires and cables, optical fibre cables, switches, LED lightings, fans, MCBs, water heaters, and other products. Geographically, the company caters to both the Indian and the international markets of which, a majority of its revenue is derived from its business in India.
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