Finolex Cables Ltd vs Polycab India Ltd Stock Comparison

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Last Updated on: Apr 25, 2026

Key Highlights

The Latest Trading Price of Finolex Cables Ltd is ₹ 973.05 as of 24 Apr 15:30 . The P/E Ratio of Finolex Cables Ltd changed from 12.6 on March 2021 to 20 on March 2025 . This represents a CAGR of 9.68% over 5 yearsThe P/E Ratio of Polycab India Ltd changed from 23.3 on March 2021 to 38.3 on March 2025 . This represents a CAGR of 10.45% over 5 years The Market Cap of Finolex Cables Ltd changed from ₹ 5824 crore on March 2021 to ₹ 13982 crore on March 2025 . This represents a CAGR of 19.14% over 5 yearsThe Market Cap of Polycab India Ltd changed from ₹ 20580 crore on March 2021 to ₹ 77444 crore on March 2025 . This represents a CAGR of 30.35% over 5 years The revenue of Finolex Cables Ltd for the Dec '25 is ₹ 1672 crore as compare to the Sep '25 revenue of ₹ 1451 crore. This represent the growth of 15.26% The revenue of Polycab India Ltd for the Dec '25 is ₹ 7686 crore as compare to the Sep '25 revenue of ₹ 6522 crore. This represent the growth of 17.84% The ebitda of Finolex Cables Ltd for the Dec '25 is ₹ 231.82 crore as compare to the Sep '25 ebitda of ₹ 220.68 crore. This represent the growth of 5.05% The ebitda of Polycab India Ltd for the Dec '25 is ₹ 1016 crore as compare to the Sep '25 ebitda of ₹ 1066 crore. This represent the decline of -4.66% The net profit of Finolex Cables Ltd changed from ₹ 243.92 crore to ₹ 164.03 crore over 7 quarters. This represents a CAGR of -20.29% The net profit of Polycab India Ltd changed from ₹ 401.62 crore to ₹ 630.17 crore over 7 quarters. This represents a CAGR of 29.36% The Dividend Payout of Finolex Cables Ltd changed from 29.74 % on March 2021 to 22.48 % on March 2025 . This represents a CAGR of -5.44% over 5 yearsThe Dividend Payout of Polycab India Ltd changed from 17.94 % on March 2021 to 26.3 % on March 2025 . This represents a CAGR of 7.95% over 5 years .

About Finolex Cables Ltd

Finolex Cables Limited (FCL) was established in 1958 and has emerged as India's largest and leading manufacturer of electrical and telecommunication cables.
The Company is principally engaged in the manufacturing of of Electricals Cables, Communication Cables & Other Electrical Appliances.
Its manufacturing facilities are located at Panjim in Goa, Pune in Maharashtra and Roorkee in Uttarakhand.
To support requirement of copper rods for both types of cables, it manufactures continuous cast copper rods (CCC rods), at its Rod Plant in Goa.
The Company has added Electrical Switches, LED based Lamps, Fans, low voltage MCBs, Water Heaters and PVC Conduit Pipes to its range of products. The Company got into the business segment of Fast-Moving Electrical Goods (FMEG) for all electrical products.

About Polycab India Ltd

Polycab India Limited was incorporated as Private Company with the name Polycab Wires Private Limited' on January 10, 1996.
In 1998, Polycab Industries' was again converted into a Private Company as Polycab Industries Private Limited'.
Thereafter, the status of the Company was converted into a public limited, and the name was changed to Polycab Wires Limited' and thereafter, to Polycab India Limited' on October 13, 2018. The Company is the largest manufacturer of Wires and Cables in India and fast growing player in the Fast Moving Electrical Goods (FMEG) space and is a pioneer in the Indian electricals ecosystem.
The Company operate into the business of Engineering, Procurement and Construction (EPC) projects.
It owns nearly 27 manufacturing plants, located across the States of Gujarat, Maharashtra, Uttarakhand, Tamil Nadu, Karnataka and U.

FAQs for the comparison of Finolex Cables Ltd and Polycab India Ltd

Which company has a larger market capitalization, Finolex Cables Ltd or Polycab India Ltd?

Market cap of Finolex Cables Ltd is 14,881 Cr while Market cap of Polycab India Ltd is 121,067 Cr

What are the key factors driving the stock performance of Finolex Cables Ltd and Polycab India Ltd?

The stock performance of Finolex Cables Ltd and Polycab India Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Finolex Cables Ltd and Polycab India Ltd?

As of April 25, 2026, the Finolex Cables Ltd stock price is INR ₹973.05. On the other hand, Polycab India Ltd stock price is INR ₹8041.3.

How do dividend payouts of Finolex Cables Ltd and Polycab India Ltd compare?

To compare the dividend payouts of Finolex Cables Ltd and Polycab India Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.