Finolex Cables vs Spectrum Electrical Industries: Share Price, Valuation and Results Compared

Finolex Cables Limited (Fincables) (NSE: FINCABLES) and Spectrum Electrical Industries Limited (NSE: SPECTRUM) are both listed in the Electric Lighting and Wiring Equipment industry. Finolex Cables has a market capitalisation of ₹17,395 Cr and Spectrum Electrical Industries ₹6,258 Cr, as of 9 Nov 2026. Their P/E ratios are 24.4 and 140.6 respectively. Return on equity is 12.33% for Finolex Cables and 20.42% for Spectrum Electrical Industries. Over one year, Finolex Cables's share price is up 54.3% and Spectrum Electrical Industries's is up 200.6%.

Finolex Cables vs Spectrum Electrical Industries — Key Figures

MetricFinolex CablesSpectrum Electrical Industries
NSE SymbolFINCABLESSPECTRUM
BSE Code500144544386
Share Price₹1,229.20₹4,592.70
Market Cap₹17,395 Cr₹6,258 Cr
P/E Ratio24.4140.6
Return on Equity12.33%20.42%
Return on Assets5.39%7.59%
Dividend Yield0.79%0.00%
Beta (1Y)1.30.19
1-Year Price Change+54.3%+200.6%
3-Month Price Change+16.2%+81.5%
52-Week Range₹700.80 – ₹1,499.00₹1,057.20 – ₹4,695.20
Latest QuarterQ2 FY27Q2 FY27
Quarterly Revenue₹2,269 Cr₹198 Cr
Quarterly Net Profit₹273 Cr₹18 Cr
Net Margin12.0%9.1%
EPS (Basic, Quarter)₹17.85₹11.41
Results Basisconsolidatedconsolidated
HeadquartersPune, MaharashtraMumbai, Maharashtra

The figures sit side by side and are not ranked. Quarterly figures are in ₹ crore, parsed from each company's exchange filing (XBRL); the two companies' latest quarters can differ.

About the Companies

Finolex Cables Limited (Fincables)

Finolex Cables Limited engages in the manufacture and sale of electrical and communication cables, and other electrical appliances in India and internationally. The company operates through Electrical Cables, Communication Cables, Copper Rods, and Others segments. It offers PVC, flame retardant low smoke, halogen free flame retardant insulated industrial, and 3 core flat cables; communication cables, including CCTV, CAT6 LAN, optic fiber, speaker, RG6 coaxial, telephone, and FinoGreen cables; power and control cables; and agricultural, solar, and automotive cables. The company also provides sw…

Spectrum Electrical Industries Limited

Spectrum Electrical Industries Limited designs, manufactures, and sells electrical, automobile, and irrigation components in India. The company provides distribution boards, AC boxes, modular electric board panels, mini MCB bases and covers, tools, moulds, electric bulb holders, auto and irrigation equipment, lamp angle holders, EV chargers, control panel, metal junction boxes, electrical safety devices, and other electrical components. It also offers surface coating services; metallic stamping services; plastics molding services; molds, dies, and tooling products; and end to end solutions. Sp…

Frequently Asked Questions

Which is larger by market cap, Finolex Cables or Spectrum Electrical Industries?

Finolex Cables has a market capitalisation of ₹17,395 Cr, against ₹6,258 Cr for Spectrum Electrical Industries as of 9 Nov 2026, about 2.8 times the size by market cap.

What is the P/E ratio of Finolex Cables and Spectrum Electrical Industries?

Finolex Cables has a P/E of 24.4 and Spectrum Electrical Industries a P/E of 140.6 as of 9 Nov 2026.

What is the return on equity of Finolex Cables and Spectrum Electrical Industries?

Finolex Cables has a return on equity of 12.33% and Spectrum Electrical Industries 20.42%.

How have Finolex Cables and Spectrum Electrical Industries shares moved over one year?

Finolex Cables's share price is up 54.3% over one year and Spectrum Electrical Industries's is up 200.6%.

What were the latest quarterly results of Finolex Cables and Spectrum Electrical Industries?

Finolex Cables reported revenue of ₹2,269 Cr and net profit of ₹273 Cr for Q2 FY27. Spectrum Electrical Industries reported revenue of ₹198 Cr and net profit of ₹18 Cr for Q2 FY27. Figures are parsed from each company's exchange filing.

Which industry are Finolex Cables and Spectrum Electrical Industries in?

Both are classified under Electrical Equipment > Electrical Components and Equipment > Electric Lighting and Wiring Equipment on FinBizNet.

Is this comparison a recommendation to buy or sell Finolex Cables or Spectrum Electrical Industries?

No. The page lays the two companies' published figures side by side and draws no conclusion from them. It is descriptive market data, not investment advice.

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Data as of 9 Nov 2026. Descriptive market data only — not investment advice.