https://tipsheet.markets/company/fincables/ Every Tipsheet Editorial note covering Finolex Cables Ltd. (FINCABLES), newest first. Grounded in BSE/NSE primary-source filings. en-in Mon, 06 Jul 2026 10:22:47 GMT https://tipsheet.markets/fincables-finolex-s-ehv-jv-turns-21-cr-profit-but-optical-fiber-payoff-waits-until-fy27-104980/ https://tipsheet.markets/fincables-finolex-s-ehv-jv-turns-21-cr-profit-but-optical-fiber-payoff-waits-until-fy27-104980/ Wed, 03 Jun 2026 11:11:18 GMT Core electrical revenue grew 22% in Q4 FY26. A ₹300 cr capex plan is underway, but the optical fiber expansion won't contribute until the second half of FY27. Core electrical revenue grew 22% in Q4 FY26. A ₹300 cr capex plan is underway, but the optical fiber expansion won't contribute until the second half of FY27.

What’s new

• Extra high-voltage joint venture turned profitable with ₹21 cr profit in Q4 FY26.
• Core electrical segment delivered 22% revenue growth.
• Capex plan of ₹300 cr for current capacity enhancements is underway.

Why it matters

The EHV JV's swing to profit is a clean win for a venture that was previously a drag. The optical fiber preform plant is commissioned, but management is tempering expectations—financial benefits only arrive in the second half of FY27. The core electricals business is the growth engine right now.

What we’re watching

• When optical fiber segment contribution becomes visible in P&L.
• Execution of the ₹300 cr capex and its impact on capacity.
• Supply chain challenges in the communication sector segment.

The full read

Finolex Cables's management confirmed a strong quarter for its core business and a key turnaround in a joint venture. The electrical segment grew revenue by 22% in Q4 FY26. The extra high-voltage joint venture, a potential past drag, posted a ₹21 crore profit. The company is deploying ₹300 crore in capex to enhance capacity. The big future catalyst is the optical fiber business: the preform plant is built and commissioned, but the management explicitly stated that financial gains will not show until the second half of FY27. For now, the growth story rests on electricals and the newly profitable EHV venture.

Primary source: BSE · NSE

]]> Earnings Tipsheet Editorial https://tipsheet.markets/fincables-finolex-cables-loses-cs-and-compliance-officer-94312/ https://tipsheet.markets/fincables-finolex-cables-loses-cs-and-compliance-officer-94312/ Thu, 21 May 2026 17:02:34 GMT Siddhesh Mandke resigns for personal reasons, effective June 11, 2026; departure is at the compliance level, not top executive. Siddhesh Mandke resigns for personal reasons, effective June 11, 2026; departure is at the compliance level, not top executive.

What’s new

• Company Secretary and Compliance Officer Siddhesh Mandke has resigned, effective June 11, 2026.
• Resignation attributed to personal reasons, with no signs of dispute or governance failure.

Why it matters

The departure is a routine personnel change at the compliance level. While the role is important for regulatory adherence, it does not affect business strategy or financial performance, limiting materiality for investors.

What we’re watching

• Speed of appointing a replacement.
• Any other senior-level departures that might indicate broader issues.

The full read

Finolex Cables is losing its Company Secretary and Compliance Officer, Siddhesh Mandke, effective June 11, 2026. The resignation is for personal reasons, with no indications of dispute or governance breakdown. While the role is crucial for regulatory compliance, it sits below the CEO/CFO level and has limited direct impact on the company's strategy or financial performance. Given the mid-cap scale of Finolex, this event is notable but not of high materiality to warrant a major trading signal. Investors should monitor the appointment of a successor but can view this as a routine corporate event.

Primary source: BSE · NSE

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