Finolex Cables Ltd - 500144

Name of Company	Finolex Cables Ltd.
BSE Code	500144
NSE Code	FINCABLES
ICICI Code
Established	1958
My Take	So-So
Headquarters	Pune
Promoters	PP Chhabria(Chairman & founder), DK Chhabria (MD)
Story	The company has manufacturing capacities in Pune, Goa and Roorke - Uttarakhand.
Sector	Cables
Sub-sector
Website	http://www.finolex.com/index.aspx
Positives	Regular dividend payer, can expect a dividend of around 1%. Finolex has very good brand recall value. 35% promoter holding, None pledged. Finolex industries also owns 14%.
Negatives	Visionary founders are aged, not sure of the next generation of promoters. Around 3-5% NPMs except for a negative NPM in FY09. No growth
Peers
News
Price @ blogged	48.05 (07-Jul-11)
Cost of company	734.68 Cr market cap for a 86.78 Cr NP in FY ending Mar ' 11 makes it 8.47 times. This is for a company with 275.12 Cr debt and 612.52 Cr reserves
Group
Growth