Fine Line Circuits Ltd Stock Price Today (NSE: FINELINE)

Fine Line Circuits Ltd

70.82+0.46 (+0.65%)
Market Closed

Fundamental Score

...

Fine Line Circuits Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Fine Line Circuits Ltd share price today is 70.82, up +0.65% on NSE/BSE as of 3 August 2026. Fine Line Circuits Ltd (FINELINE) is a Small-cap company in the Computers Hardware & Equipments sector with a market capitalisation of 31.52 (Cr). The 52-week high for FINELINE share price is 103.66 and the 52-week low is 48.22. At a P/E ratio of 80.82x, FINELINE is currently trading above its industry average P/E of 25.67x. The company has a Return on Equity (ROE) of 4.35% and a debt-to-equity ratio of 0.82.

Fine Line Circuits Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
75.99
Low
58.96
Volume
2.9K
Change
+11.74%

Fine Line Circuits Ltd share price chart: 11.74% return over the past month. 52-week high ₹103.66, 52-week low ₹48.22.

Fine Line Circuits Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
72.4072.4066.9170.891.94K (Cr)
72.4072.4066.0570.36637.00 (Cr)
70.0070.0067.4669.501.29K (Cr)
71.0572.8868.3071.00619.00 (Cr)
66.3072.9966.3070.001.64K (Cr)
69.8269.8266.3369.771.93K (Cr)
73.6574.8568.2269.824.27K (Cr)
72.0072.5866.0170.635.14K (Cr)
75.2275.2269.0169.142.14K (Cr)
71.9071.9670.9571.903.05K (Cr)

Fine Line Circuits Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
63.4475.9958.9670.89+11.74%
65.4072.8448.2260.42-7.61%
65.0172.5557.3663.57-2.22%
73.5586.3265.9368.00-7.55%
83.7485.9674.9577.42-7.55%
86.1596.5075.9683.74-2.80%
95.4999.1585.3085.30-10.67%
87.00100.5572.5891.32+4.97%
99.00103.1574.1085.00-14.14%
81.04103.6680.2499.49+22.77%
87.35101.3581.0481.04-7.22%
77.4087.3671.5887.35+12.86%

AI Research Briefing

Powered by Gemini · 2026-04-13

Fine Line Circuits is a policy-driven micro-cap gamble with stretched valuation and high execution risk.

Research Confidence
6.0/10Moderate
GOVT CAPEX DARK HORSEBreakdown - 1M: -14.56%, 3M: -6.34%, 6M: -21.3%Expensive - P/E 194.71x vs Industry P/E 22.42x

WHAT'S HAPPENING NOW (last 2-4 weeks)

No major catalysts found after live search.

CORE STORY (THE REAL GAME)

Why Now
  • Government focus on electronics manufacturing
  • Growth in the Indian IT hardware market
  • Potential for import substitution in PCBs
Potential Catalysts
  • Significant order wins in the PCB segment
  • Further favorable policy changes from the government
  • Successful expansion into higher-margin PCB products
Key Risks
  • Micro-cap liquidity risk
  • High valuation (P/E 194.71x vs Industry P/E 22.42x)
  • Low interest coverage (1.58x)
Institutional Activity

Promoter holding steady at 33.4%. No FII/DII activity.

Macro Context

Government initiatives are a tailwind, but global electronics demand is volatile.

Cash Flow Quality

No - Free Cash Flow 5Y: ₹0.25 Cr

3–6 Month Outlook

3-6 month thesis hinges on order book expansion and continued policy support. Failure to deliver earnings growth will lead to sharp correction.

Primary Thesis Risk

Reliance on government policies is the biggest thesis killer.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

4.35%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

5.06%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

4.67%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Fine Line Circuits Ltd Valuation Check

Poor

Price to Earnings (P/E)

80.82x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

25.67x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

33.40%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

800.00%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

27.42%

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

7.93%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

50.81%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

50.81%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

0.82x

Total debt ÷ equity. Below 0.5 = financially healthy

Poor

Interest Coverage Ratio

1.98x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-3.34 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Fine Line Circuits Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of FINELINE across key market metrics for learning purposes.

Positive Indicators

5 factors identified

Robust Profit Growth (800.00%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (27.42%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Excellent EPS Growth (50.81% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (50.81% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

7 factors identified

Below-Average Return on Equity (4.35%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (5.06%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Margin Pressure Concerns (4.67%)

Observation: Operating margins are below industry standards.

Analysis: OPM <5% may indicate pricing pressures or cost management challenges.

Premium Valuation Risk (P/E: 80.82x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Weak Interest Coverage (1.98x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

Negative Free Cash Flow (₹-3.34 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Fine Line Circuits Ltd vs Computers Hardware & Equipments Peers

Peer Comparison - Computers Hardware & Equipments

Compare Fine Line Circuits Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
38.6/100
71
₹31.52
80.8
Average
4.35%
Poor
5.06%
Poor
0.8
Good
50.81%
Excellent
7.93%
Good
0.00%
61.5/100
529
₹6521.51
49.4
Average
26.83%
Excellent
20.30%
Excellent
0.6
Good
77.51%
Excellent
40.59%
Excellent
0.00%
60.2/100
834
₹5109.87
18.4
Average
14.74%
Average
16.82%
Good
0.5
Excellent
16.33%
Excellent
21.71%
Excellent
0.26%
43.6/100
208
₹4823.06
118.7
Average
11.03%
Average
10.97%
Average
0.2
Excellent
45.14%
Excellent
40.95%
Excellent
0.00%
Nelco Ltd...
NELCO504112
35.1/100
1016
₹1968.22
3336.0
Average
0.46%
Poor
7.21%
Poor
0.6
Good
-45.43%
Poor
6.28%
Good
0.12%
70.7/100
452
₹1657.19
15.9
Average
21.21%
Excellent
28.27%
Excellent
0.0
Excellent
27.31%
Excellent
16.60%
Excellent
5.57%
49/100
573
₹1028.67
25.0
Average
9.52%
Poor
16.45%
Good
0.0
Excellent
6.12%
Good
18.80%
Excellent
1.56%
25.5/100
489
₹965.71
804.8
Average
1.27%
Poor
5.74%
Poor
0.6
Good
0.51%
Average
15.18%
Excellent
0.00%
68.6/100
330
₹448.32
21.0
Average
23.67%
Excellent
22.98%
Excellent
0.8
Good
57.50%
Excellent
34.30%
Excellent
0.00%
26.2/100
11
₹391.75
-53.05%
Poor
12.98%
Good
-42.79%
Poor
0.00%
52.8/100
190
₹339.96
57.8
Average
17.03%
Good
19.20%
Good
0.3
Excellent
61.21%
Excellent
10.31%
Good
0.00%

Fine Line Circuits Ltd Quarterly Performance

Latest quarterly metrics for FINELINE — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

27.42%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

800.00%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

7.93%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

50.81%

Compounded annual net profit growth over 5 years

Fine Line Circuits Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for FINELINE — calculated from daily price history

73RSI 14
Overbought — RSI 73

Momentum is strong — price may be stretched. Watch for pullbacks.

SMA 50
63
▲ Price above SMA 50 — Short-term bullish
SMA 200
79
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
3K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Fine Line Circuits Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Fine Line Circuits Ltd (FINELINE) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Fine Line Circuits Ltd

About FINELINE (Fine Line Circuits Ltd)

Fine Line Circuits Ltd is a vanguard in the realm of computer hardware and equipment, specializing in the design and production of highly intricate printed circuit boards. We're no...t just fabricating boards; we're crafting the very nervous system of countless electronic devices, from high-performance computing platforms to the intricate machinery that drives modern industry. Our commitment to pushing the boundaries of PCB technology means we constantly innovate, developing solutions that meet the ever-evolving demands of our clients. We pride ourselves on delivering precision and reliability, ensuring that every circuit board leaving our facility is a testament to quality and performance. Our core focus on advanced technologies ensures we remain a critical link in the hardware supply chain for cutting-edge devices. Our diverse product portfolio reflects our dedication to serving a wide range of industries with specialized needs. We offer advanced solutions, including high-density interconnect PCBs, designed to optimize space and improve signal integrity, as well as high-frequency boards crafted for demanding telecommunications and aerospace applications. Beyond this, we are adept at producing ruggedized PCBs for harsh environments and flexible circuit boards for innovative designs requiring bendable or conformable electronics. Every board we produce is rigorously tested using cutting-edge techniques to guarantee peak performance and longevity. This broad spectrum of offerings allows us to tailor solutions to meet the specific requirements of each client, ensuring the optimal outcome for their unique applications. FINELINE is powered by a state-of-the-art infrastructure which combines cutting-edge manufacturing equipment with stringent quality control processes. Our facility boasts a comprehensive array of advanced technologies, including precision etching systems, automated optical inspection (AOI) capabilities, and sophisticated testing platforms. This robust infrastructure, paired with our highly skilled engineering team, empowers us to tackle the most demanding PCB designs and consistently deliver products that surpass expectations. From prototyping to large-scale production runs, FINELINE remains dedicated to maintaining the highest standards of quality and reliability, securing our position as a trusted partner for computer hardware companies and equipment manufacturers worldwide.

Company Details

Symbol:FINELINE
Industry:Computers Hardware & Equipments
Sector:Computers Hardware & Equipments

Key Leadership

Mr. Abhay Bhagwandas Doshi
MD & Executive Director
Ms. Prema Radhakrishnan
Chief Financial Officer
Ms. Mansi Gupta
Company Secretary & Compliance Officer

FINELINE Share Price: Frequently Asked Questions

What is the current share price of Fine Line Circuits Ltd?

Fine Line Circuits Ltd (FINELINE) trades at ₹70.82 on NSE and BSE. Market cap ₹31.52 (Cr). Educational data only.

What is the P/E ratio of Fine Line Circuits Ltd?

Fine Line Circuits Ltd has a P/E of 80.82x vs industry average 25.67x.

What is the Bull Run score for Fine Line Circuits Ltd?

Fine Line Circuits Ltd has a Bull Run score of 38.6/100 based on 25+ financial parameters.

Does Fine Line Circuits Ltd pay dividends?

Fine Line Circuits Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Fine Line Circuits Ltd?

Fine Line Circuits Ltd has ROE of 4.35%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Fine Line Circuits Ltd?

Fine Line Circuits Ltd has debt-to-equity of 0.82.

Is Fine Line Circuits Ltd a good investment?

Bull Run gives Fine Line Circuits Ltd a score of 38.6/100. This is not investment advice — consult a SEBI-registered advisor.