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General Industrials | Small Cap
Health Score : 7.53Finolex Industries demonstrates a mixed financial performance. The company shows strong solvency, growth, coverage and profitability. Solid solvency is indicated by zero debt. Growth is fueled by substantial increases in operating profit, EPS, asset base and net income. Healthy coverage ratios suggest a strong ability to meet its interest and dividend obligations. The company also exhibits strong profitability, reflected in high gross profit, ROCE, ROE, ROA, operating margin, and net margin. However, there are areas of concern, particularly in liquidity, efficiency and financials. Lower liquidity ratios may cause difficulties in meeting short-term obligations. Efficiency is affected by lower turnover ratios for fixed assets and capital, coupled with extended inventory holding periods. Financial ratios are negatively impacted by lower adjusted EPS, cash EPS, book value per share, and high capital expenditures, which can potentially limit financial flexibility.
Health Score : 7.53Finolex Industries demonstrates a mixed financial performance. The company shows strong solvency, growth, coverage and profitability. Solid solvency is indicated by zero debt. Growth is fueled by substantial increases in operating profit, EPS, asset base and net income. Healthy coverage ratios suggest a strong ability to meet its interest and dividend obligations. The company also exhibits strong profitability, reflected in high gross profit, ROCE, ROE, ROA, operating margin, and net margin. However, there are areas of concern, particularly in liquidity, efficiency and financials. Lower liquidity ratios may cause difficulties in meeting short-term obligations. Efficiency is affected by lower turnover ratios for fixed assets and capital, coupled with extended inventory holding periods. Financial ratios are negatively impacted by lower adjusted EPS, cash EPS, book value per share, and high capital expenditures, which can potentially limit financial flexibility.
Overall Valuation Score
Markets Depth NSE
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0
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Sell Orders
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0
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Markets Today NSE
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0.00
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0
Last Traded Time
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Price Movement Indicator
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P/E RATIO (TTM)
16.61
Industry Median
20.87
Small Cap Median
19.21
P/E RATIO
16.10
P/B RATIO
1.55
Industry Median
1.50
Small Cap Median
1.46
P/S RATIO
2.28
Industry Median
1.27
Small Cap Median
1.24
Others
PEG RATIO
0.00
EV/EBITDA RATIO
10.01
The Calculations Shown Above Are Based on the Last Traded Price (LTP) of ₹155.34 as on Sep 1, 2026.
Growth Score : 8.00The company demonstrates strong growth in operating profit, EPS, asset base and net income. However a decline in revenue growth is a cause of concern. Diversifying into new markets and innovation will help in ensuring revenue growth.
Revenue Growth RatePoor
Operating Profit Growth RateExcellentEarnings Per Share (EPS) GrowthExcellentAsset Growth RateExcellentNet Income Growth RateExcellent| Growth Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue Growth Rate | 34.23 | -5.38 | -1.82 | -4.05 | -0.7 |
| Operating Profit Growth Rate | 3.33 | -71.36 | 99.66 | -18.63 | 42.65 |
| Earnings Per Share (EPS) Growth | 42.47 | -76.15 | 88.86 | 68.94 | -25.14 |
| Asset Growth Rate | 24.48 | 17.59 | 12.3 | 4.59 | 2.9 |
| Net Income Growth Rate | 42.41 | -76.12 | 88.84 | 68.78 | -25.12 |
Revenue Growth Rate
Operating Profit Growth Rate
Earnings Per Share (EPS) Growth
Asset Growth Rate
Net Income Growth Rate
Peer Comparison empowers investors to evaluate a company against its industry peers using key financial metrics like P/E ratio, EPS, and profit margins. It helps identify whether a company is overvalued, undervalued, or performing in line with competitors. Investors can use this data to spot opportunities, assess risks, and make informed decisions. This contextual view adds depth beyond standalone company analysis.
| NO | Company Name | Health Score | P/E Ratio | Valuation | OPM | EPS | Latest Profit & Loss |
|---|---|---|---|---|---|---|---|
| 1 | Shaily Engineering Plastics Ltd | 7.80 | 88.35 | Highly Overvalued | 280.00 | 35.07 | 170.00 |
| 2 | Finolex Industries Ltd | 7.53 | 16.10 | Neutral | 679.00 | 9.35 | 599.00 |
| 3 | Kingfa Science & Technology (India) Ltd | 6.05 | 32.20 | Highly Overvalued | 261.00 | 136.71 | 185.00 |
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Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Market Sentiment
Analysis Driven By 1 Technical Indicators From The 1 Hour Timeframe
Analyzing moving average trends and crossovers. Green/Red badges indicate if the current condition passes or fails.
Comparing stock price performance (normalized) against benchmark indices over time.
Recent daily trading volume represented as a bar chart, alongside historical averages.
Current closing price relative to the 52-week highest and lowest prices.
Concall Report⬤5th Feb 26
Q3 FY26 Earnings Conference Call
NEUTRAL SENTIMENT
Quarterly Report⬤31st Jan 26
Quarterly Financial Results Q3 FY 2025-26
BULLISH SENTIMENT
Concall Report⬤10th Nov 25
Q2 & H1 FY26 Earnings Conference Call
NEUTRAL SENTIMENT
No Stock News Available at This Moment.
Finolex Industries Ltd. is a prominent Indian manufacturer of PVC pipes, fittings, and PVC resins. Serving critical sectors like agriculture, construction, and industrial applications, the company holds a significant market position through its extensive distribution network and diversified product portfolio, catering to India's infrastructure and water management needs.
P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. Finolex Industries Ltd's P/E ratio (TTM) is 16.61, compared to the industry median of 20.87 and large cap median of 19.21.
P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. Finolex Industries Ltd's P/B ratio is 1.55, compared to the industry median of 1.50 and large cap median of 1.46.
P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. Finolex Industries Ltd's P/S ratio is 2.28, compared to the industry median of 1.27 and large cap median of 1.24.
PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. Finolex Industries Ltd's PEG ratio is 1.25.
EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. Finolex Industries Ltd's EV/EBITDA ratio is 10.01.
Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. Finolex Industries Ltd's ROE is 9.64%.
Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. Finolex Industries Ltd's ROA is 8.94%.
Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. Finolex Industries Ltd's ROCE is 13%.
Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. Finolex Industries Ltd's operating margin is 16.51%.
Net Margin: Net margin shows what percentage of revenue converts into final net profit. Finolex Industries Ltd's net margin is 14.56%.
Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. Finolex Industries Ltd's current ratio is 1.15.
Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. Finolex Industries Ltd's debt-to-equity ratio is 0.
Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. Finolex Industries Ltd's interest coverage ratio is 39.33.
Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. Finolex Industries Ltd's DPS is ₹2.70.
Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. Finolex Industries Ltd's EPS is -25.14.
(Source line: "Ratios as of 11 Oct 2026, based on last traded price of ₹155.34. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")
Founded: 1981 (as Finolex Pipes Private Limited)
Headquarters: Pune, Maharashtra
Core Offerings: PVC Pipes, PVC Fittings, PVC Resin
Stock Listing: NSE (FINPIPE), BSE (500940)
Promoter: Finolex Group (Chhabria family)
Founded in 1981 as Finolex Pipes Private Limited, the company initially focused on manufacturing PVC pipes. A significant milestone was achieved in 1994 with backward integration into PVC resin production, making it one of India's largest integrated manufacturers. Over decades, Finolex Industries has expanded its product range and dealer network, solidifying its position as a leading player in the Indian piping industry.
| Segment Name | Revenue % | EBITDA |
|---|---|---|
| PVC Pipes & Fittings | 87% | Operating Profit |
| PVC Resin | 13% | Operating Profit |
PVC Pipes & Fittings: Manufactures and markets a comprehensive range of rigid and flexible PVC pipes and fittings primarily for agricultural, plumbing, sanitation, and industrial applications, known for their durability and quality.
PVC Resin: Produces Polyvinyl Chloride (PVC) resin, a key raw material for its piping division. A substantial portion of the resin is consumed captively, with the surplus sold to other plastic product manufacturers.
Prakash P. Chhabria (Executive Chairman) - Leads the Finolex Group, providing strategic direction and overseeing the company's long-term vision and growth initiatives. Nitin K. Samant (Chief Executive Officer) - Responsible for the overall operational management, business performance, and implementation of corporate strategies.
['Finolex Plasson Industries Private Limited (50% Joint Venture)', 'Finolex J-Power Systems Private Limited (26% Joint Venture)']
No major recent corporate actions on record.
The Finolex Industries Ltd share price today is ₹155.34 on NSE (FINPIPE), as of 11 Oct 2026.
As of 11 Oct 2026, Finolex Industries Ltd share price is ₹155.34, with previous close ₹155.34. Today's range is ₹155.34 to ₹155.34. The 52-week range is ₹N/A to ₹N/A.
As of today, Finolex Industries Ltd's market cap is ₹9,391.86 crore (Mid Cap).
Finolex Industries Ltd's current P/E ratio is 16.61, compared to the GENERAL INDUSTRIALS sector average of 37.
Finolex Industries Ltd's current P/B ratio is 1.55.
Finolex Industries Ltd's current dividend yield is 1.74%. Last dividend of ₹3.00 per share was declared on 30-Aug-2023.
Finolex Industries Ltd's EPS (TTM) is ₹-25.14.
Finolex Industries Ltd. is a prominent Indian manufacturer of PVC pipes, fittings, and PVC resins. Serving critical sectors like agriculture, construction, and industrial applications, the company holds a significant market position through its extensive distribution network and diversified product portfolio, catering to India's infrastructure and water management needs.
Finolex Industries Ltd is promoted by Finolex Group (Chhabria family), holding 52.47% as of 11 Oct 2026.
Finolex Industries Ltd is listed on NSE (FINPIPE) and BSE (500940). Its next quarterly results are expected on Q1 FY25 (expected August 2024).
Adjusted Earnings Per Share (Adjusted EPS)
Return on Assets (ROA)