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Finolex Cables eyeing Rs 500 crore revenue from new business vertical by FY22

08 Dec 2020 Evaluate

Finolex Cables is eyeing at least Rs 500 crore revenue from its new consumer-facing electrical accessories business by the next fiscal (FY22) when it expects total revenue to sniff past Rs 3,500 crore.

Currently, net sales from the company’s new segment, which includes a range of ceiling, table, wall, industrial heavy-duty exhaust, and multi-purpose fans, water heaters, LED- PC panels, cabinet lights and MCCBs, are only under 4 percent. The company entered the new business two years ago with a range of fans and last month it launched anti-bacteria ceiling fans, claiming it be the first in the country.

Finolex Cables is India's largest and leading manufacturer of electrical and telecommunication cables.

Finolex Cables Share Price

943.60 30.00 (3.28%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Polycab India 8184.95
KEI Industries 4841.10
RR Kabel Ltd. 1475.45
Finolex Cables 943.60
Precision Wire India 377.20
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