FCL Fast Cables Limited

Fast Cables Limited (FCL) financial ratios

Fast Cables Limited earned a net margin of 5.5% in FY2026 against a five-year average of 4.9% (Cable & Electrical Goods median 5.2%). Return on equity was 13.7%, compared with a sector median of 2.4%. The current ratio stood at 1.34× and debt was 84.8% of equity. Cash took about 188 days to cycle through receivables, inventory and payables.

FY2026 vs the Cable & Electrical Goods median

Gross margin: 18.7%; Sector median 18.7%
Operating margin: 13.1%; Sector median 10.8%
Net margin: 5.5%; Sector median 5.2%
Return on equity (ROE): 13.7%; Sector median 2.4%
Return on assets (ROA): 5.6%; Sector median 1.1%
Current ratio: 1.34×; Sector median 1.36×
Debt to equity: 84.8%; Sector median 55.5%
Asset turnover: 1.03×; Sector median 0.76×
Dividend payout ratio: 14.9%; Sector median 0.0%

Median of the 7 companies in the sector with the figure for their latest fiscal year.

FCL financial ratios (annual) (Rs mn)
Rs mn	FY2026 Jul 2025 – Jun 2026	FY2025 Jul 2024 – Jun 2025	FY2024 Jul 2023 – Jun 2024	FY2023 Jul 2022 – Jun 2023	FY2022 Jul 2021 – Jun 2022	FY2021 Jul 2020 – Jun 2021	FY2020 Jul 2019 – Jun 2020
Profitability
Gross margin	18.7%	16.9%	18.7%	17.9%	15.0%	13.4%	14.5%
EBITDA margin	14.8%	12.7%	14.3%	14.5%	11.8%	10.5%	11.1%
Operating margin	13.1%	10.9%	13.0%	13.3%	10.5%	8.3%	8.0%
Pre-tax margin	8.7%	6.7%	8.6%	8.8%	7.0%	5.3%	2.8%
Net margin	5.5%	4.0%	5.2%	5.3%	4.5%	3.7%	1.9%
Effective tax rate	37.5%	40.6%	39.4%	40.0%	35.5%	29.6%	33.1%
Returns
Return on equity (ROE)	13.7%	8.9%	17.4%	26.0%	19.6%	11.7%	—
Return on assets (ROA)	5.6%	3.7%	6.5%	7.9%	6.5%	4.6%	—
Return on invested capital (ROIC)	11.0%	9.0%	15.0%	18.5%	12.9%	9.2%	—
Liquidity
Current ratio	1.34×	1.33×	1.39×	1.15×	1.17×	1.18×	1.11×
Quick ratio	0.86×	0.76×	0.81×	0.68×	0.75×	0.69×	0.57×
Leverage
Debt to equity	84.8%	81.1%	61.8%	67.0%	119.0%	75.0%	64.6%
Debt to capital	45.9%	44.8%	38.2%	40.1%	54.3%	42.9%	39.2%
Debt to assets	34.8%	33.7%	26.0%	20.5%	35.6%	28.8%	26.6%
Assets to equity	2.42×	2.40×	2.69×	3.30×	3.00×	2.52×	—
Efficiency
Asset turnover	1.03×	0.93×	1.23×	1.49×	1.44×	1.24×	—
Receivable days days	141	137	111	102	102	97	—
Inventory days days	124	147	113	87	83	99	—
Payable days days	77	97	114	108	87	95	—
Cash conversion cycle days	188	187	110	81	99	100	—
Dividends
Dividend payout ratio	14.9%	61.9%	0.0%	0.0%	0.0%	0.0%	0.0%
Earnings retention rate	0.85×	0.38×	1.00×	1.00×	1.00×	1.00×	1.00×

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.

FCL: frequently asked questions

What is FCL's EPS?

Fast Cables Limited reported basic earnings per share of Rs 3.28 for FY2026 (Jul 2025 – Jun 2026).

What is FCL's P/E ratio?

At the closing price of Rs 24.71 on 16 Oct 2026, FCL trades at a P/E of 7.5× based on EPS of Rs 3.28 (FY2026).

Does FCL pay dividends?

Yes. Fast Cables Limited declared a dividend of Rs 1.50 per share for FY2026. It has paid a dividend in each of the last 3 years. At Rs 24.71 that is a dividend yield of 6.1%.

What was FCL's revenue and profit in FY2026?

Fast Cables Limited reported revenue of Rs 38.7 bn and profit attributable to shareholders of Rs 2.1 bn for FY2026 (Jul 2025 – Jun 2026).

What is FCL's book value per share?

Fast Cables Limited's book value per share was Rs 25.38 at the end of FY2026. The shares trade at 0.97× book value.

Information only, not investment advice.