StoxElgi Equipments vs Finolex Cables: share price & financials comparison
NSE: ELGIEQUIP vs FINCABLES · Capital Goods · as of 06 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Elgi Equipments vs Finolex Cables at a glance
Elgi Equipments (ELGIEQUIP) has a market capitalisation of ₹17,649 Cr, against ₹16,687 Cr for Finolex Cables (FINCABLES). Over the past year Finolex Cables has returned +37.2%, compared with +10.2% for Elgi Equipments. On valuation, Finolex Cables trades at a lower P/E of 20.9 versus 38.8. Elgi Equipments earns a higher return on equity (18.9% vs 13.1%). Elgi Equipments comes out ahead on profitability and momentum. Finolex Cables comes out ahead on size, valuation, growth, financial health and technicals. Across the scored metrics below, Elgi Equipments leads on 8 and Finolex Cables on 10. On StoxGud's 10-point checklist, Elgi Equipments scores 9/10 and Finolex Cables scores 7/10.
| Metric | Elgi Equipments | Finolex Cables |
|---|---|---|
| Size | ||
| Market cap | ₹17,649 Cr | ₹16,687 Cr |
| Revenue (latest FY) | ₹3,951 Cr | ₹6,321 Cr |
| Net profit (latest FY) | ₹430 Cr | ₹714 Cr |
| Valuation | ||
| P/E | 38.8 | 20.9 |
| P/B | 7.35 | 2.74 |
| Dividend yield | 0.39% | 0.01% |
| Profitability | ||
| Return on equity | 18.9% | 13.1% |
| Net profit margin | 10.5% | 11.5% |
| Operating margin | 15.3% | 10.5% |
| Growth | ||
| Revenue growth (YoY) | +17.2% | +44.3% |
| Net profit growth (YoY) | +5.7% | +53.1% |
| Revenue CAGR (multi-year) | +15.5% | +14.0% |
| Financial health | ||
| Debt to equity | 0.15 | 0.00 |
| Momentum | ||
| 1-month return | -7.5% | -26.5% |
| 1-year return | +10.2% | +37.2% |
| 3-year CAGR | +3.3% | +6.4% |
| 5-year CAGR | +22.3% | +17.0% |
| 10-year CAGR | +19.2% | +9.7% |
| Distance from 52W high | -13.3% | -26.5% |
| Technicals | ||
| RSI (14) | 46 | 26 |
| Price vs 200-day avg | +0.6% | +3.0% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | Elgi Equipments | Finolex Cables |
|---|---|---|
| Price above 50-day average | ✗ | ✗ |
| Price above 200-day average | ✓ | ✓ |
| 50-day average above 200-day (uptrend) | ✓ | ✓ |
| RSI in healthy 40–70 zone | ✓ | ✗ |
| Positive 1-year return | ✓ | ✓ |
| Return on equity above 15% | ✓ | ✗ |
| Debt to equity below 1 | ✓ | ✓ |
| Revenue growing year on year | ✓ | ✓ |
| Net profit margin above 10% | ✓ | ✓ |
| P/E below industry median | ✓ | ✓ |
| Score | 9/10 | 7/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Elgi Equipments or Finolex Cables?
Elgi Equipments has a market cap of ₹17,649 Cr and Finolex Cables has a market cap of ₹16,687 Cr as of 06 Nov 2026.
Which has a lower P/E, Elgi Equipments or Finolex Cables?
Finolex Cables has the lower P/E: Elgi Equipments trades at 38.8 and Finolex Cables at 20.9.
Which gave better returns in the last year, Elgi Equipments or Finolex Cables?
Finolex Cables did better: Elgi Equipments returned +10.2% and Finolex Cables returned +37.2% over one year.
Is Elgi Equipments or Finolex Cables a better buy?
StoxGud does not give buy or sell recommendations. On our rules-based checklist Elgi Equipments scores 9/10 and Finolex Cables scores 7/10; compare valuation, profitability, growth and momentum above and consult a SEBI-registered adviser.