logo
logo
Search For Features
/
StocksStocks
Intraday BoosterIntraday Booster
Sector BoosterSector Booster
Stock ScreenerStock Screener
ScreenersScreeners
MoreMore

prime iconGo Prime
My PlansMy Plans
Privacy PolicyPrivacy Policy
ContactContact
Refer & EarnRefer & Earn
ScreenersScreeners
Main
Stock ScreenerStock Screener
Create ScreenerCreate Screener
Explore ScreenersExplore Screeners
Community ScreenersCommunity Screeners
Trading Screeners
CandleSticks ScreenerCandleSticks Screener
Top Gainers & LosersTop Gainers & Losers
Opening Range BreakoutOpening Range Breakout
Stock Screener AIStock Screener AI
Stock Quality ScorecardStock Quality Scorecard
Overvalued StocksOvervalued StocksNew
Undervalued StocksUndervalued StocksNew
Technical Screeners
EMA ScreenerEMA Screener
SMA ScreenerSMA Screener
WMA ScreenerWMA Screener
OHLC ScreenerOHLC Screener
Fibonacci ScreenerFibonacci Screener
VWAP ScreenerVWAP Screener
Pivot Point ScreenerPivot Point Screener
Overlay ScreenerOverlay Screener
Trend Indicator ScreenerTrend Indicator Screener
Volume Based Indicator ScreenerVolume Based Indicator Screener
Overbought/Sold ScreenerOverbought/Sold Screener
NR4 StocksNR4 Stocks
NR7 StocksNR7 Stocks
Previous Day High BreakoutPrevious Day High Breakout
Previous Day Low BreakoutPrevious Day Low Breakout
Previous Day Open BreakoutPrevious Day Open Breakout
Bullish Crossover StocksBullish Crossover Stocks
Bearish Crossover StocksBearish Crossover Stocks
High Volume ShockerHigh Volume Shocker
VWAP Breakout StocksVWAP Breakout Stocks
Range High BreakoutRange High Breakout
Range Low BreakoutRange Low Breakout
MoreMore
Markets
Global Market TodayGlobal Market Today
Global IndicesGlobal Indices
Indian IndicesIndian Indices
NIfty TodayNIfty Today
Precious Metals
Gold Price TodayGold Price TodayNew
Silver Price TodaySilver Price TodayNew
Platinum Price TodayPlatinum Price TodayNew
Smart Money
FII DII DataFII DII DataNew
FII BuyingFII Buying
NSE Insider TradingNSE Insider Trading
SLB Stocks DataSLB Stocks Data
Derivatives
FnO MovementsFnO Movements
NSE F&O Lot SizeNSE F&O Lot Size
Ban ListBan List
Analysis & Calendars
Technical DashboardTechnical Dashboard
Sector BoosterSector Booster
Sector AnalysisSector AnalysisNew
Result CalendarResult Calendar
Economic CalendarEconomic Calendar
Finolex Industries Ltd

Finolex Industries

Mid Cap1,510 EmployeesIPO 1994
Current Price
186.22
-5.71 (-2.98%)Updated
NSE :FINPIPE
BSE :500940
Sector :Chemicals
Today's Range
183.2
186.22
indicator
196.78
52 Week Range
52W Low147.54
52W High238.00
186.22
indicator
Downside26.22%
Upside27.81%

Price Chart

Compare with Peers

Historical Ratios

Track top 12 most important financial ratios

P/E Ratio: Price to Earnings - Most used valuation metric

Loading chart...

Analyzing Investment Quality

Processing 9 key metrics...

Key Metrics

Hover for details

Valuation

Market Cap
11,854.21 Cr
Market Cap
Total market value of company
P/E Ratio
23.59
P/E Ratio
Price to Earnings. Lower is generally better (<25 is good)
P/B Ratio
2.09
P/B Ratio
Price to Book Value. <3 may indicate undervaluation
EPS
8.13
EPS
Earnings Per Share. Higher and growing is positive

Profitability

ROE
4.80%
ROE
Return on Equity. >15% is good, >20% is excellent
ROCE
9.24%
ROCE
Return on Capital Employed. >15% is good
Net Margin
12.64%
Net Margin
Net profit as % of revenue. >10% is good
Operating Margin
-%
Operating Margin
Operating profit margin. >15% is good

Growth

EPS Growth (5Y)
19.29%
EPS Growth (5Y)
5-year EPS growth. >15% is strong
Revenue Growth (5Y)
6.76%
Revenue Growth (5Y)
5-year revenue growth. >10% is good
Qtr Sales Growth
-8.53%
Qtr Sales Growth
Quarter-over-quarter sales growth
Qtr Profit Growth
-44.80%
Qtr Profit Growth
Quarter-over-quarter profit growth

Financial Health

Debt/Equity
0.04
Debt/Equity
Financial leverage. <1 is good, <0.5 is excellent
Book Value
98.60
Book Value
Net asset value per share
Dividend Yield
1.80%
Dividend Yield
Annual dividend as % of price. >2% is good
Promoter Holding
52.50%
Promoter Holding
Promoter stake. >50% shows confidence
Good
Average
Needs Attention

SWOT Analysis

Strengths

3 points
  • Finolex Industries exhibits a substantial promoter holding of 52.5%, suggesting strong insider confidence and a reduced risk of hostile takeovers. This high ownership stake points towards a long-term commitment to the company's success and stability.
  • The company maintains a healthy financial structure with a low debt-to-equity ratio of 0.04, indicating lower vulnerability to financial distress compared to its higher-debt peers. This strong balance sheet enhances its resilience to economic downturns.

Weaknesses

5 points
  • Finolex Industries experienced a significant 44.8% decline in quarterly profits, signaling potential operational challenges or weakening market demand. This sharp drop necessitates close monitoring of future performance and a thorough investigation into the underlying causes.
  • The company's price-to-earnings (P/E) ratio of 29.90 is relatively high, suggesting the stock might be overvalued compared to its earnings. Investors should carefully assess the valuation relative to industry peers and future growth prospects to mitigate risk.

Opportunities

3 points
  • The 'Plastic Products - Industrial' sector, where Finolex operates, is poised for growth driven by increasing infrastructure development and construction activities, potentially boosting demand for piping solutions.
  • The company's low debt-to-equity ratio of 0.04 provides significant financial flexibility, enabling potential strategic investments, capacity expansion, or acquisitions to capitalize on market opportunities.

Threats

4 points
  • Finolex faces intense competition from peers like Supreme Inds. and Astral, which exhibit significantly higher ROCE (22.04% and 19.71% respectively) and P/E ratios, indicating stronger market positioning and investor confidence.
  • The stock's significant volatility, with a 52-week range from ₹144.00 to ₹311.00, exposes investors to considerable price risk. This wide fluctuation demands careful risk management and a long-term perspective.

Segment-wise Financial Analysis

Fetching Financials...
Fetching Balance Sheet...
Fetching Cash Flow...

Shareholding Pattern

Loading shareholding data...

Company Insider Trading Activity

No insider trading data available

Corporate Action

Company Announcements

Technical Analysis & Indicators

Standard pivot points - most widely used

Pivot Points (CLASSIC)

LevelPriceDistance% Change
R4221.43+₹35.21+18.91%
R3207.85+₹21.63+11.61%
R2202.31+₹16.09+8.64%
R1194.27+₹8.05+4.32%
PIVOT188.732.511.35%
CURRENT186.22--
S1153.53-₹32.69-17.56%
S2167.11-₹19.11-10.26%
S3175.15-₹11.07-5.94%
S4180.69-₹5.53-2.97%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: N/AP: N/ATC: N/A
R1
R2
R3
R4
indicator
LTP: N/A
PDH: N/A
PDL: N/A
● Market Sentiment

is trading CPR, indicating

● CPR Width

CPR is

● Opening Range

Day's range: ~

● Price Position

Trading Inside opening range

Delivery Volume Analysis & Trading Activity

Latest Volume
2.12M
(29 May 2026)
+5.8% vs avg
Delivery %
27.3%
(29 May 2026)
-14.4% vs avg
Avg Volume (20D)
2.00M
(30 Apr - 29 May)
20-day average
Avg Delivery %
41.7%
(30 Apr - 29 May)
Trend ↓
Delivery % indicates the percentage of traded volume that resulted in actual delivery. Higher delivery % (>50%) suggests genuine buying interest and stronger hands.

Peer Comparison & Industry Benchmarking

Quick Compare

Largest by Market Cap
Solar Industries India Ltd
1.20L ₹ Cr
Best Profit Growth
Rain Industries Ltd
178.00 %
Highest Dividend Yield
Castrol India Ltd
6.92 %

Peer Comparison

Company Name
CARBORUNIV
Carborundum Universal Ltd
CASTROLIND
Castrol India Ltd
EPIGRAL
Epigral Ltd
GNFC
Gujarat Narmada Valley Fertilizers & Chemicals Ltd
GRWRHITECH
Garware Hi Tech Films Ltd
GULFOILLUB
Gulf Oil Lubricants India Ltd
INDIAGLYCO
India Glycols Ltd
KANSAINER
Kansai Nerolac Paints Ltd
KINGFA
Kingfa Science & Technology (India) Ltd
PCBL
PCBL Chemical Ltd
RAIN
Rain Industries Ltd
SOLARINDS
Solar Industries India Ltd
TATACHEM
Tata Chemicals Ltd

About

FINPIPE

Finolex Industries Ltd

Finolex Industries Limited, established in 1956 and headquartered in Pune, India, is a prominent manufacturer and seller of polyvinyl chloride (PVC) pipes, fittings, and resins within the Indian market. The company's operations are primarily divided into two core segments: PVC Resin production and the manufacturing and distribution of PVC Pipes and Fittings. This dual focus allows Finolex to control its supply chain and maintain a competitive edge in the market.

The PVC Pipes and Fittings segment represents a significant portion of Finolex's business. This segment encompasses a wide range of products designed for diverse applications. For agricultural purposes, Finolex offers specialized pipes and fittings suitable for irrigation and water management systems. In the construction industry, their product line includes column pipes for structural support and casing pipes for well construction. Furthermore, they cater to plumbing and sanitation needs with a comprehensive assortment of pipes and fittings, including ASTM pipes and fittings which adhere to specific industry standards, chlorinated PVC pipes and fittings offering enhanced durability, SWR (Soil Waste and Rainwater) pipes and fittings for drainage systems, and sewerage pipes for wastewater management. Complementary products such as solvent cement, lubricants, and primers are also provided to facilitate proper installation and maintenance.

Finolex's distribution network relies heavily on a robust system of dealers and retailers, ensuring widespread accessibility to its products across India. This extensive distribution strategy is crucial for reaching diverse customer segments, from individual homeowners undertaking plumbing projects to large-scale agricultural operations and construction companies. The reliance on a dealer and retailer network allows Finolex to effectively reach a broad geographic area and various customer sizes without the significant investment in a large direct sales force.

In summary, Finolex Industries Limited's business model centers on the production and distribution of high-quality PVC products catering to a wide spectrum of applications. Their vertically integrated structure, encompassing resin production, pipe and fitting manufacturing, and a widespread distribution network, positions them as a key player in the Indian PVC market. The company's long history and diverse product offerings solidify its position as a significant contributor to the infrastructure and agricultural sectors of India.

COMPANY FACTS - FINPIPE

Registered Address

IndiQube The Kode- 11th Floor, S. No.134, Hissa No. 1/38, Baner Pashan Link Road

Pune

MAHARASHTRA

IN

Company Details

Group: Materials

Sector: Materials

Industry: Chemicals

Exchange: NATIONAL STOCK EXCHANGE OF INDIA

Employees: 1,510

IPO Date: 03/11/1994

MANAGEMENT - FINPIPE

Mr. Prakash Chhabria

Executive Chairman of the Board

Mr. Chandan Verma

Interim Chief Financial Officer

Mr. Dakshinamurthy Iyer

Compliance Officer, Company Secretary, Head - Legal

Mr. Saurabh Dhanorkar

Managing Director

Mr. Saumya Chakrabarti

Executive Director, Director- Technical

Ms. Ritu Chhabria

Non-Executive Non-Independent Director

Ms. Bhumika Batra

Non-Executive Independent Director

Mr. Vijay Bhatt

Non-Executive Independent Director

Mrs. Kanchan Chitale

Non-Executive Independent Director

Mr. Munesh Khanna

Non-Executive Independent Director

Dr. Deepak Parikh

Non-Executive Independent Director

Mr. Pradeep Rathi

Non-Executive Independent Director

Investor Questions Answered

Finolex Industries Ltd (FINPIPE) Stock FAQs

Get answers to the most common questions about Finolex Industries Ltd stock price, fundamentals, financial metrics, and investment analysis

The current share price of Finolex Industries Ltd (FINPIPE) is ₹186.22. Today, the stock has declined by ₹5.71 (2.98%), trading in a range of ₹183.2 to ₹196.78. The stock opened at ₹194.7 with a trading volume of 21,15,003 shares.
Finolex Industries Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹11,854.21 crores, P/E ratio of 23.59, ROE of 4.80%, and ROCE of 9.24%. The dividend yield stands at 1.80%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
The 52-week high price of Finolex Industries Ltd (FINPIPE) is ₹238, while the 52-week low is ₹147.54. Currently trading at ₹186.22, the stock is 42.8% away from its 52-week low and 21.8% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
Whether to buy Finolex Industries Ltd stock at ₹186.22 depends on multiple factors. The stock is currently trading with a P/E ratio of 23.59 and P/B ratio of N/A. Today's performance shows a loss of 2.98%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
Finolex Industries Ltd offers a dividend yield of 1.80%, which means for every ₹100 invested at the current price of ₹186.22, you can expect to receive approximately ₹1.80 annually as dividends. The face value of the stock is ₹2.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
Finolex Industries Ltd's key financial metrics include: P/E Ratio: 23.59, P/B Ratio: N/A, ROE: 4.80%, ROCE: 9.24%, Dividend Yield: 1.80%, EPS: ₹8.13, Book Value: ₹98.6, Debt-to-Equity: 0.04, and Current Ratio: N/A. The company's market cap stands at ₹11,854.21 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
Finolex Industries Ltd stock opened at ₹194.7 and is currently trading at ₹186.22, showing a decline of ₹5.71 (2.98%). The intraday high is ₹196.78 and low is ₹183.2. The trading volume stands at 21,15,003 shares, indicating strong market participation today.
Finolex Industries Ltd has a Price-to-Earnings (P/E) ratio of 23.59, which means investors are willing to pay ₹23.59 for every ₹1 of earnings. With an EPS of ₹8.13, this P/E ratio indicates moderate valuation in line with market standards. Compare this with industry peers and historical P/E ratios for better context.
Finolex Industries Ltd has a market capitalization of ₹11,854.21 crores, making it a small-cap company. Market cap is calculated by multiplying the current stock price (₹186.22) by the total number of outstanding shares. This metric helps investors understand the company's size, stability, and investment risk profile.
Finolex Industries Ltd has a book value of ₹98.6 per share and a Price-to-Book (P/B) ratio of N/A. The current market price is ₹186.22, which is 88.9% above the book value. A P/B ratio below 1 may indicate undervaluation or asset quality concerns.
Finolex Industries Ltd has a Return on Equity (ROE) of 4.80% and Return on Capital Employed (ROCE) of 9.24%. ROE measures how efficiently the company generates profits from shareholders' equity, while ROCE indicates how well the company uses its capital to generate profits. These returns may need improvement for better profitability. Higher percentages generally indicate better financial performance.
Finolex Industries Ltd operates in the diversified sector and belongs to the general industry. The company competes with other players in this space and its performance is influenced by sector-specific trends, regulatory changes, and market dynamics. Understanding the sector helps investors assess growth potential, cyclical patterns, and industry-specific risks that may impact the stock's performance.
Finolex Industries Ltd has a debt-to-equity ratio of 0.04, which measures the company's financial leverage by comparing total debt to shareholders' equity. A low ratio suggests conservative financing with minimal debt. Lower ratios generally indicate lower financial risk, but optimal levels vary by industry.
Finolex Industries Ltd has an Earnings Per Share (EPS) of ₹8.13, which represents the company's profit allocated to each outstanding share. With a current stock price of ₹186.22 and P/E ratio of 23.59, investors are paying 23.59 times the annual earnings per share. The company may need to improve its earnings performance. Track EPS growth over quarters to assess earnings momentum.
Finolex Industries Ltd has reported a sales growth of N/A% and profit growth of N/A%. The company may be facing growth challenges or operating in a mature market. Consistent growth over multiple quarters is a positive indicator for long-term investors. Compare these growth rates with industry peers for better perspective.
Finolex Industries Ltd has a current ratio of N/A, which measures the company's ability to pay short-term obligations with current assets. A ratio below 1 may indicate potential liquidity concerns. This metric is crucial for assessing the company's working capital management and financial safety.
To analyze Finolex Industries Ltd stock, consider: 1) Fundamental Analysis - Review P/E (23.59), ROE (4.80%), debt-to-equity (0.04), and growth rates. 2) Technical Analysis - Check 52-week range (₹147.54 - ₹238.00), moving averages, and chart patterns. 3) Valuation - Compare current price (₹186.22) with book value (₹98.60) and industry peers. 4) Financial Health - Assess current ratio (N/A) and cash flows. 5) Growth Prospects - Evaluate sales growth (N/A%) and profit growth (N/A%). Always diversify and consult a financial advisor.
The face value (or par value) of Finolex Industries Ltd share is ₹2.00. Face value is the nominal value of a share as stated in the company's charter and is used for accounting purposes and calculating dividends. The current market price of ₹186.22 is 9211x the face value. Face value remains constant unless the company undergoes a stock split or bonus issue, while market price fluctuates based on demand and supply.
Investing in Finolex Industries Ltd carries several risks: 1) Market Risk - Stock price volatility (52-week range: ₹147.54 - ₹238.00). 2) Business Risk - Industry-specific challenges in the sector. 3) Financial Risk - Debt-to-equity ratio of 0.04 indicates leverage. 4) Liquidity Risk - Based on trading volume of 21,15,003 shares. 5) Valuation Risk - P/E of 23.59 may indicate over/undervaluation. 6) Economic Risk - Macroeconomic factors affecting the industry. Diversify your portfolio and invest only what you can afford to lose.
Finolex Industries Ltd operates in the industry with key metrics: P/E ratio of 23.59, ROE of 4.80%, market cap of ₹11,854.21 crores, and dividend yield of 1.80%. To make an informed comparison, analyze these metrics against industry peers considering factors like revenue growth (N/A%), profit margins, debt levels (D/E: 0.04), and market position. Use our peer comparison tool on this page to see detailed side-by-side analysis with competitors.
Target prices for Finolex Industries Ltd vary among analysts and depend on multiple factors including earnings projections, industry trends, and market conditions. The stock is currently trading at ₹186.22, with a 52-week range of ₹147.54 to ₹238.00. Based on fundamentals like P/E (23.59), ROE (4.80%), and growth rates, analysts may have different target prices. Always refer to recent research reports from reputed brokerages and make decisions based on your own analysis and risk appetite.
Consider selling Finolex Industries Ltd stock when: 1) Target Price Achieved - If the stock reaches your predetermined target from current ₹186.22. 2) Fundamental Deterioration - Declining ROE (currently 4.80%), increasing debt (D/E: 0.04), or falling growth rates. 3) Better Opportunities - Finding stocks with superior risk-reward ratios. 4) Portfolio Rebalancing - When the stock becomes overweight in your portfolio. 5) Changed Investment Thesis - If reasons for buying no longer hold. 6) Stop Loss - If price falls below your risk threshold. Always base decisions on thorough analysis rather than emotions.
Tax implications for Finolex Industries Ltd stock investments: 1) Short-term Capital Gains (STCG) - If sold within 1 year, gains taxed at 15% plus cess. 2) Long-term Capital Gains (LTCG) - If held over 1 year, gains above ₹1 lakh taxed at 10% without indexation. 3) Dividend Income - Dividends (current yield: 1.80%) are taxable as per your income tax slab. 4) Securities Transaction Tax (STT) - Applicable on both buy and sell transactions. 5) Intraday Trading - Treated as speculative income, taxed as per slab. Tax laws change periodically, so consult a tax advisor for personalized guidance and latest regulations.