Verified employee & interview reviews

Finolex Cables Reviews

Pune, Maharashtra

4.0/ 5

1 review

Finolex Cables Limited, established in 1958 by brothers P. P. Chhabria and K. P. Chhabria in Pune, Maharashtra, is India's largest and leading manufacturer of electrical and telecommunication cables. From its origins as a small shop selling electrical cables and later producing wire harnesses for the Defense Department, the company has grown into a major industry leader. The brand name itself is a portmanteau derived from "Fine" and "Flexibles," with an "O" representing an electric arc, symbolizing its core electrical cable business. The company operates through several key business segments, including Electrical Cables, Communication Cables, Copper Rods, and Others. Its extensive product portfolio features PVC insulated industrial cables, flame-retardant low-smoke cables, power and control cables, and specialized communication lines like CCTV, CAT6 LAN, fiber optic, and coaxial cables. To strengthen its supply chain and maintain quality control, Finolex utilizes an integrated manufacturing model. It operates five state-of-the-art manufacturing facilities located across Pimpri (Pune), Urse (Pune), Goa (Verna and Ponda), and Roorkee (Uttarakhand). Notably, the Ponda facility houses a continuous cast copper rod plant that ensures a steady supply of key raw materials for its copper-based products, with surplus production sold to third-party clients. In recent years, Finolex Cables has strategically diversified into the margin-accretive Fast-Moving Electrical Goods (FMEG) and home appliances segments to establish itself as a comprehensive retail brand. This expanding portfolio includes electrical switches, smart switches, LED lamps and luminaires, fan variants, low-voltage switchgears, water heaters, and PVC conduit pipes. The company's distribution infrastructure is highly robust, comprising 26 depots, approximately 5,000 channel partners, and a retail network exceeding 215,000 retailers across 28 states and 8 Union Territories. Financially, Finolex Cables Limited is publicly traded on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The company boasts a healthy financial position, operating with a virtually debt-free balance sheet and maintaining a steady market capitalization. For the fiscal period ending in early 2026, the company reported solid quarterly operating revenues alongside strong net profit figures, supported by a significant market share of nearly 25% within the organized wire industry. The enterprise is led by Chairman Ratnakar Prakash Barve and Chief Executive Officer Mahesh Viswanathan. Emphasizing total quality and technological upgrading, the company holds IS/ISO 9001 Quality Management and IS/ISO 14001 Environmental Management Systems certifications across its major manufacturing facilities, reinforcing its status as a trusted household and industrial brand in India.