Finolex Cables to Trade Ex-Dividend at 400% Tomorrow

Mumbai, September 3, 2025 – Finolex Cables Limited (NSE: FINCABLES) will trade ex-dividend on Thursday for a 400% dividend (on face value of ₹2 each). The record date for the eligibility is September 5, 2025.

The share opened in green (₹861.90), but the selling pressure mounted soon, and it slipped into the red in the afternoon. At 03:00 PM, the stock traded at ₹854.30 (0.58% down from the previous day’s closing price). The stock has plummeted close to 27% over the past 12 months. The company’s P/E ratio is 21.21 compared to the industrial average of 44.11.

Recent Dividend History

In the past eight years, the company has maintained a steady dividend growth rate. The dividend per share was ₹3 in 2017, and the company has increased it steadily, pushing it to 400% (₹8 per share) in both current and previous financial years. This pattern indicates how the company has rewarded long-term commitment of shareholders by providing incremental hikes each year, especially after 2019. This also shows the robust financial position and cash flow position of the company.

Company Overview

Finolex Cables Limited, listed on NSE and BSE, is India’s largest manufacturer of electrical and telecommunication cables. The company serves a wide range of industries, including power, construction, communications, and automotive, with an extensive product portfolio and a strong nationwide distribution network.

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