FINOLEX INDUSTRIES Latest Share Price (FINPIPE)
TODAY IN ONE LINE
FINPIPE fell 2.3% on light volume, lagging Nifty's -0.3% move.
With a market cap of ₹9,527.42 Cr., it trades at a P/E of 15.48. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.
How good is this company?
Overall performance across 5 key dimensions.
FINOLEX INDUSTRIES flags & news
Key strengths, potential risks, and recent updates.
Green Flags
- ●Earnings GrowthEPS (TTM) grew by a solid 59.0% YoY
- ●Healthy Operating MarginsOPM is structurally strong at 19.1%
- ●Reasonable ValuationTrading at a moderate P/E of 18.1x
- ●Steady Dividend YieldReliable 1.30% dividend yield
- ●Virtually Debt-FreeVery low Debt-to-Equity of 0.07x
- ●Positive Free Cash FlowFCF has been positive for 3 consecutive years
- ●Zero Pledge RiskNo recent active promoter pledging found
Red Flags
- ●Poor Capital ReturnsLow ROE of 9.6%
- ●Low Promoter HoldingPromoters hold only 0.3%
Latest FINOLEX INDUSTRIES News
What changed recently?
Recent events, corporate actions, and announcements.
FINOLEX INDUSTRIES valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for FINOLEX INDUSTRIES, framed against the sector median so the premium or discount is obvious at a glance.
FINOLEX INDUSTRIES trades at a P/E of 15.48× and P/B of 1.53×.
Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.
Valuation
Profitability
Growth
Financial Health
FINOLEX INDUSTRIES technical analysis: indicators, pivots and CPR.
Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for FINOLEX INDUSTRIES — derived from the latest tape, not yesterday's close.
FINOLEX INDUSTRIES last traded at ₹153.45 with an intraday range of ₹152.9–₹155.77 — latest indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Last: ₹153.45| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 160.92 | +7.47 | +4.87% |
| R3 | 158.05 | +4.60 | +3.00% |
| R2 | 156.91 | +3.46 | +2.25% |
| R1 | 155.18 | +1.73 | +1.13% |
| PIVOT | 154.04 | 0.59 | 0.38% |
| CURRENT | 153.45 | — | — |
| S1 | 152.31 | -1.14 | -0.74% |
| S2 | 151.17 | -2.28 | -1.49% |
| S3 | 149.44 | -4.01 | -2.61% |
| S4 | 146.57 | -6.88 | -4.48% |
FINPIPE is trading Below CPR, indicating Bearishness
CPR is Average
Day's range: ₹153.41–₹155.77
Trading Below opening range, showing Bearishness
FINOLEX INDUSTRIES financials: P&L, balance sheet, cash flow, ratios.
Reported annual and quarterly results for FINOLEX INDUSTRIES — consolidated or standalone — with margins, YoY growth and key ratios inline.
FINOLEX INDUSTRIES reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹9,527.42 Cr. and reported EPS of ₹1.85.
| Metric | Mar 2025 | Mar 2026 |
|---|---|---|
| Revenue from Operations | 4,142 | 4,113 ▼ 0.7% |
| Sales Growth YoY %Derived | -4.06% | -0.69% |
| Other Income | 247 | 211 ▼ 14.3% |
| Total Income | 4,389 | 4,325 ▼ 1.5% |
| 2,676 | 2,396 ▼ 10.5% | |
| Gross ProfitDerived | 1,466 | 1,717 ▲ 17.1% |
| Gross Margin %Derived | 35.39% | 41.75% |
| 990 | 1,038 ▲ 4.9% | |
| EBITDA (Operating Profit)Derived | 476 | 679 ▲ 42.7% |
| OPM %Derived | 11.49% | 16.50% |
| 553 | 127 ▼ 77.0% | |
| Profit Before Tax (PBT) | 1,003 | 763 ▼ 23.9% |
| 243 | 206 ▼ 15.3% | |
| Effective Tax %Derived | 24.25% | 27.00% |
| Total Profit for Period | 800 | 599 ▼ 25.1% |
| Net Profit (Owner's PAT)Derived | 800 | 599 ▼ 25.1% |
| Net Profit Margin %Derived | 19.32% | 14.56% |
| PAT Growth YoY %Derived | 68.93% | -25.12% |
| Earnings Per Share (EPS ₹) | 12.89 | 9.65 ▼ 25.1% |
| Diluted Shares Outstanding (Cr) | 62 | 62 ▲ 0.0% |
| Share of Profit from Associates/JVs | 40 | 42 ▲ 4.9% |
| Other Comprehensive Income (Net of Tax) | -183 | -259 ▼ 41.4% |
| Total Expenses (incl. D&A & Interest) | 3,386 | 3,562 ▲ 5.2% |
| Material Cost % of RevenueDerived | 63.30% | 63.16% |
| Employee Cost % of RevenueDerived | 5.37% | 5.90% |
| Other Cost % of RevenueDerived | 18.54% | 19.34% |
| Interest Coverage (x)Derived | 12.45x | 27.80x |
| Period | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 2,831 | 3,091 ▲ 9.2% | 2,986 ▼ 3.4% | 3,463 ▲ 16.0% | 4,647 ▲ 34.2% | 4,397 ▼ 5.4% | 4,317 ▼ 1.8% | 4,142 ▼ 4.1% | 4,113 ▼ 0.7% | |
| Sales Growth YoY %Derived | — | 9.18% | -3.41% | 15.97% | 34.21% | -5.39% | -1.81% | -4.06% | -0.69% | |
| Other Income | 24 | 40 ▲ 65.6% | 30 ▼ 26.0% | 72 ▲ 139.2% | 82 ▲ 14.9% | 121 ▲ 47.1% | 180 ▲ 48.8% | 247 ▲ 37.1% | 211 ▼ 14.3% | |
| Total Income | 2,856 | 3,132 ▲ 9.7% | 3,016 ▼ 3.7% | 3,534 ▲ 17.2% | 4,730 ▲ 33.8% | 4,518 ▼ 4.5% | 4,497 ▼ 0.5% | 4,389 ▼ 2.4% | 4,325 ▼ 1.5% | |
1,858 | 1,921 ▲ 3.4% | 1,943 ▲ 1.1% | 1,929 ▼ 0.7% | 2,849 ▲ 47.7% | 3,072 ▲ 7.8% | 2,737 ▼ 10.9% | 2,676 ▼ 2.2% | 2,396 ▼ 10.5% | ||
| Gross ProfitDerived | 973 | 1,170 ▲ 20.2% | 1,043 ▼ 10.9% | 1,534 ▲ 47.0% | 1,798 ▲ 17.2% | 1,325 ▼ 26.3% | 1,581 ▲ 19.3% | 1,466 ▼ 7.3% | 1,717 ▲ 17.1% | |
| Gross Margin %Derived | 34.38% | 37.86% | 34.94% | 44.30% | 38.69% | 30.13% | 36.61% | 35.39% | 41.75% | |
489 | 566 ▲ 15.7% | 595 ▲ 5.1% | 545 ▼ 8.5% | 775 ▲ 42.2% | 1,032 ▲ 33.3% | 996 ▼ 3.6% | 990 ▼ 0.6% | 1,038 ▲ 4.9% | ||
| EBITDA (Operating Profit)Derived | 484 | 604 ▲ 24.9% | 448 ▼ 25.9% | 989 ▲ 120.8% | 1,024 ▲ 3.5% | 293 ▼ 71.4% | 585 ▲ 99.9% | 476 ▼ 18.6% | 679 ▲ 42.7% | |
| OPM %Derived | 17.09% | 19.55% | 15.01% | 28.57% | 22.03% | 6.65% | 13.55% | 11.49% | 16.50% | |
70 | 54 ▼ 22.7% | 86 ▲ 57.4% | 85 ▼ 0.9% | 474 ▲ 457.2% | 116 ▼ 75.4% | 152 ▲ 31.0% | 553 ▲ 262.9% | 127 ▼ 77.0% | ||
| Profit Before Tax (PBT) | 438 | 534 ▲ 22.0% | 392 ▼ 26.6% | 976 ▲ 148.8% | 1,385 ▲ 41.9% | 297 ▼ 78.5% | 612 ▲ 106.2% | 1,003 ▲ 63.8% | 763 ▼ 23.9% | |
148 | 181 ▲ 22.5% | 85 ▼ 53.0% | 254 ▲ 198.5% | 332 ▲ 30.5% | 71 ▼ 78.7% | 177 ▲ 150.7% | 243 ▲ 37.4% | 206 ▼ 15.3% | ||
| Effective Tax %Derived | 33.78% | 33.91% | 21.71% | 26.06% | 23.96% | 23.77% | 28.90% | 24.25% | 27.00% | |
| Total Profit for Period | 306 | 367 ▲ 19.9% | 333 ▼ 9.4% | 738 ▲ 121.8% | 1,051 ▲ 42.5% | 251 ▼ 76.2% | 474 ▲ 88.9% | 800 ▲ 68.9% | 599 ▼ 25.1% | |
| Net Profit (Owner's PAT)Derived | 306 | 367 ▲ 19.9% | 333 ▼ 9.4% | 738 ▲ 121.8% | 1,051 ▲ 42.5% | 251 ▼ 76.2% | 474 ▲ 88.9% | 800 ▲ 68.9% | 599 ▼ 25.1% | |
| Net Profit Margin %Derived | 10.82% | 11.88% | 11.14% | 21.31% | 22.62% | 5.70% | 10.97% | 19.32% | 14.56% | |
| PAT Growth YoY %Derived | — | 19.89% | -9.42% | 121.79% | 42.50% | -76.15% | 88.91% | 68.93% | -25.12% | |
| Earnings Per Share (EPS ₹) | 4.94 | 5.92 ▲ 19.8% | 5.36 ▼ 9.5% | 11.89 ▲ 121.8% | 16.94 ▲ 42.5% | 4.04 ▼ 76.2% | 7.63 ▲ 88.9% | 12.89 ▲ 68.9% | 9.65 ▼ 25.1% | |
| Diluted Shares Outstanding (Cr) | 62 | 62 ▲ 0.0% | 62 ▲ 0.0% | 62 ▲ 0.0% | 62 ▲ 0.0% | 62 ▲ 0.0% | 62 ▲ 0.0% | 62 ▲ 0.0% | 62 ▲ 0.0% | |
| Share of Profit from Associates/JVs | 16 | 14 ▼ 14.3% | 26 ▲ 82.5% | 16 ▼ 36.7% | — ▼ 100.0% | 24 | 38 ▲ 57.5% | 40 ▲ 5.1% | 42 ▲ 4.9% | |
| Other Comprehensive Income (Net of Tax) | 346 | -436 ▼ 226.0% | -623 ▼ 42.9% | 415 ▲ 166.6% | -14 ▼ 103.4% | 966 ▲ 6851.0% | 350 ▼ 63.7% | -183 ▼ 152.2% | -259 ▼ 41.4% | |
| Total Expenses (incl. D&A & Interest) | 2,418 | 2,597 ▲ 7.4% | 2,624 ▲ 1.0% | 2,559 ▼ 2.5% | 3,345 ▲ 30.7% | 4,221 ▲ 26.2% | 3,885 ▼ 8.0% | 3,386 ▼ 12.9% | 3,562 ▲ 5.2% | |
| Material Cost % of RevenueDerived | 67.47% | 64.09% | 68.24% | 56.03% | 60.29% | 66.02% | 63.58% | 63.30% | 63.16% | |
| Employee Cost % of RevenueDerived | 4.10% | 4.35% | 4.87% | 4.82% | 4.11% | 4.31% | 4.90% | 5.37% | 5.90% | |
| Other Cost % of RevenueDerived | 13.18% | 13.96% | 15.06% | 10.91% | 12.56% | 19.17% | 18.17% | 18.54% | 19.34% | |
| Interest Coverage (x)Derived | 43.12x | 43.53x | 31.42x | 125.39x | 66.74x | 7.47x | 12.86x | 12.45x | 27.80x |
FINOLEX INDUSTRIES segment analysis : revenue and profit mix.
Disclosed business segments at FINOLEX INDUSTRIES with their share of revenue and profit, switchable between consolidated and standalone reporting.
FINOLEX INDUSTRIES discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
The Bull, Bear, and Flip case for FINOLEX INDUSTRIES.
Our AI distills the core fundamental drivers supporting FINOLEX INDUSTRIES, the risks that threaten it, and the quantitative conditions that could weaken the thesis.
FINOLEX INDUSTRIES's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.
What you're getting.
Strong promoter holding of 52.47% signals insider confidence and long-term commitment.
Low debt-to-equity ratio of 0.0007 ensures robust financial resilience and flexibility.
Operating margin of 13.91% TTM demonstrates solid operational efficiency in manufacturing.
Net profit margin of 14.56% TTM reflects strong pricing power and cost management.
Robust operating cash flow of ₹191.75 Cr supports dividend payments and growth investments.
Key Risks.
Latest quarterly EPS grew 58.7% YoY despite sales declining 8.53% YoY—earnings quality concern.
ROE of 9.55% and ROCE of 9.19% lag peer medians, indicating weak capital efficiency.
Stock price ₹158.63 trades 28% below 52-week high of ₹222.50, suggesting recent deterioration.
TTM EPS grew 59.0% YoY yet quarterly profit fell 6.21% YoY, signaling operational volatility.
Operating cash flow ₹191.75 Cr significantly below PAT ₹114.52 Cr; weak cash conversion evident.
Flip Conditions.
Valuation risk. a P/E above 20 would leave less room for earnings disappointment.
Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.
Return-quality risk. ROE below 8% would indicate weaker capital compounding.
Income thesis breaks if the dividend is cut or yield falls below 0.65%.
FINOLEX INDUSTRIES peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — FINOLEX INDUSTRIES is highlighted for quick read-across.
Quick Compare
Peer Comparison
| Company Name |
|---|
FINOLEX INDUSTRIES chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for FINOLEX INDUSTRIES — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
FINOLEX INDUSTRIES delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for FINOLEX INDUSTRIES over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in FINOLEX INDUSTRIES stood at 52.2% of traded volume, against a 20-day average of 49.1%.
FINOLEX INDUSTRIES announcements: results, concalls, ratings, M&A.
Filings FINOLEX INDUSTRIES sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
FINOLEX INDUSTRIES files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 114 documents below.
Copy of Newspaper Publication
Finolex Industries Limited has informed the Exchange about Copy of Newspaper Publication of 45th Annual General Meeting of the Company
Updates
Finolex Industries Limited has informed the Exchange regarding dispatch of physical communication to the Shareholders who have not registered their…
Record Date
Intimation of the Record Date for the payment of Dividend on equity shares for the financial year 2025-26
Shareholders meeting
Finolex Industries Limited has informed the Exchange about Notice of 45th (Forty-Fifth) Annual General Meeting of the Company scheduled on Tuesday,…
Copy of Newspaper Publication
Finolex Industries Limited has informed the Exchange about Copy of Newspaper Publication regarding Notice of the 45th Annual General Meeting of the…
Investor decks & rating reports.
Investor Presentation
Investor Presentation
Investor Presentation
Investor Presentation
Investor Presentation
Investor Presentation
FINOLEX INDUSTRIES dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue FINOLEX INDUSTRIES has declared, sequenced by announce and record date.
FINOLEX INDUSTRIES corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About FINOLEX INDUSTRIES: business, sector, key facts.
What FINOLEX INDUSTRIES does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
FINOLEX INDUSTRIES operates in the Plastic Products - Industrial industry under the Capital Goods sector, listed as NSE: FINPIPE, BSE: 500940.
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.
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Questions investors ask about FINOLEX INDUSTRIES (FINPIPE).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of FINOLEX INDUSTRIES (FINPIPE)?
The current share price of FINOLEX INDUSTRIES (FINPIPE) is ₹153.45. Today, the stock has declined by ₹3.63 (2.31%), trading in a range of ₹152.90 to ₹155.77. The stock opened at ₹155.10 with a trading volume of 3,16,277 shares.
02Is FINOLEX INDUSTRIES stock a good investment for long-term?
FINOLEX INDUSTRIES can be considered for long-term investment based on several factors. The company has a market capitalization of ₹9,527.42 Cr., P/E ratio of 15.48, ROE of 9.55%, and ROCE of 9.21%. The dividend yield stands at 1.3%. 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.
03What is the 52-week high and low price of FINOLEX INDUSTRIES stock?
The 52-week high price of FINOLEX INDUSTRIES (FINPIPE) is ₹222.50, while the 52-week low is ₹147.54. Currently trading at ₹153.45, the stock is 4.01% above its 52-week low and 31.03% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy FINOLEX INDUSTRIES stock at the current price?
Whether to buy FINOLEX INDUSTRIES stock at ₹153.45 depends on multiple factors. The stock is currently trading with a P/E ratio of 15.48 and P/B ratio of 1.53. Today's performance shows a loss of 2.31%. 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.
05What is the dividend yield of FINOLEX INDUSTRIES and when is the next dividend?
FINOLEX INDUSTRIES offers a dividend yield of 1.3%, which means for every ₹100 invested at the current price of ₹153.45, you can expect to receive approximately ₹1.30 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.
06What are the key financial ratios and metrics of FINOLEX INDUSTRIES?
FINOLEX INDUSTRIES's key financial metrics include: P/E Ratio: 15.48, P/B Ratio: 1.53, ROE: 9.55%, ROCE: 9.21%, Dividend Yield: 1.3%, EPS: ₹1.85, Book Value: ₹100.16, and Debt-to-Equity: 0.07. The company's market cap stands at ₹9,527.42 Cr.. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is FINOLEX INDUSTRIES stock performing today in the market?
FINOLEX INDUSTRIES stock opened at ₹155.10 and is currently trading at ₹153.45, showing a decline of ₹3.63 (2.31%). The intraday high is ₹155.77 and low is ₹152.90. The trading volume stands at 3,16,277 shares, indicating moderate market participation today.
08What is the P/E ratio of FINOLEX INDUSTRIES and what does it indicate?
FINOLEX INDUSTRIES has a Price-to-Earnings (P/E) ratio of 15.48, which means investors are willing to pay 15.48 for every ₹1 of earnings. With an EPS of ₹1.85, 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.
The data, ratios and commentary about FINOLEX INDUSTRIES (FINPIPE) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.