During its recent earnings call, Finolex Cables Limited detailed its ongoing capital expenditure program, highlighting investments in the fiber business and the ramp-up of new facilities to strengthen its product portfolio and productivity.
Aug 25, 2025
The company reiterated its previously announced capex program of around INR 500 crore, of which approximately INR 325–350 crore has been earmarked for the fiber business. Management confirmed that this investment is expected to be completed within the current fiscal year.
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On the cables side, Finolex completed its electron-beam (e-beam) facility earlier this year, with e-beam cured products available in the market since March. Utilization of this facility is currently being scaled up, with expectations of reaching satisfactory levels in the coming months.
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Beyond this, the company clarified that no greenfield capacity expansions have been undertaken so far, although routine investments continue in the form of replacements and productivity improvements. For FY’25-26, such incremental investments are projected at INR 60–80 crore.
