Finolex Inds.

Has Finolex Inds. declared dividend?

Yes, Finolex Industries Ltd has declared a 125% dividend, amounting to ₹2.5 per share, with an ex-date of September 11, 2024. While recent returns have been negative, the company has shown positive total returns over the longer term, especially in the past five years.

Finolex Industries Ltd has declared a 125% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 125%<BR>- Amount per share: 2.5<BR>- Ex-date: 11 Sep 24<BR><BR>Dividend Yield: 1.17%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -22.09%, with a dividend return of 0%, resulting in a total return of -22.09%.<BR><BR>Over the past year, the price return was -37.4%, the dividend return was 0.73%, leading to a total return of -36.67%.<BR><BR>In the 2-year period, the price return was 27.89%, the dividend return was 2.28%, culminating in a total return of 30.17%.<BR><BR>For the 3-year period, the price return was 30.62%, the dividend return was 4.40%, resulting in a total return of 35.02%.<BR><BR>In the last 4 years, the price return was 27.09%, the dividend return was 4.39%, giving a total return of 31.48%.<BR><BR>Over the past 5 years, the price return was 126.33%, the dividend return was 8.04%, leading to a total return of 134.37%.<BR><BR>Overall, Finolex Industries Ltd has declared a significant dividend, and while recent returns have been negative, the longer-term performance shows positive total returns, particularly over the 5-year period.

Who are the peers of the Finolex Inds.?

Finolex Inds. peers include Supreme Inds., Astral, Garware Hi Tech, Shaily Engineer, Time Technoplast, Kingfa Science, Jain Irrigation, Prince Pipes, Apollo Pipes, and Jai Corp. Garware Hi Tech leads in 1-year returns at 156.95%, while Finolex Inds. has a return of -34.80%.

Peers: The peers of Finolex Inds. are Supreme Inds., Astral, Garware Hi Tech, Shaily Engineer., Time Technoplast, Kingfa Science, Jain Irrigation, Prince Pipes, Apollo Pipes, and Jai Corp.<BR><BR>Quality Snapshot: Excellent management risk is observed at Supreme Inds. and the rest. Good management risk is found at Astral, Shaily Engineer., Time Technoplast, and Prince Pipes. Average management risk is present at Garware Hi Tech and Kingfa Science, while below average management risk is noted at Jain Irrigation and Jai Corp. Growth is average at Supreme Inds. and Garware Hi Tech, while good growth is seen at Astral, Shaily Engineer., and Kingfa Science. Below average growth is reported at Finolex Inds., Time Technoplast, and Prince Pipes, while Jain Irrigation and Jai Corp. have below average growth. Excellent capital structure is noted at Supreme Inds., Astral, Garware Hi Tech, and Kingfa Science, while good capital structure is seen at Shaily Engineer. and Apollo Pipes, and below average capital structure is found at Jain Irrigation.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Garware Hi Tech at 156.95%, while the lowest is Prince Pipes at -46.95%. Finolex Inds. has a 1-year return of -34.80%, which is better than Prince Pipes but worse than Garware Hi Tech. Additionally, the six-month return is negative for Supreme Inds., Astral, Finolex Inds., Time Technoplast, Jain Irrigation, Prince Pipes, Apollo Pipes, and Jai Corp.

Who are in the management team of Finolex Inds.?

As of March 2022, the management team of Finolex Industries includes Anil V Whabi (Managing Director), Prakash P Chhabria (Executive Chairman), and several independent and non-executive directors, reflecting a diverse leadership structure.

As of March 2022, the management team of Finolex Industries includes the following members:<BR><BR>1. Anil V Whabi - Managing Director<BR>2. Prakash P Chhabria - Executive Chairman<BR>3. BHUMIKA BATRA - Independent Director<BR>4. Saumya Chakrabarti - Director (Technical)<BR>5. Ritu P Chhabria - Non-Executive & Non-Independent Director<BR>6. Kanchan Chitale - Independent Director<BR>7. S S Dhanorkar - Non-Executive & Non-Independent Director<BR>8. Pradeep R Rathi - Independent Director<BR>9. Deepak Parikh - Independent Director<BR>10. A N Roy - Independent Director<BR>11. Ajit Venkataraman - Managing Director<BR><BR>This team comprises a mix of executive, non-executive, and independent directors, reflecting a diverse leadership structure within the company.

What does Finolex Inds. do?

Finolex Industries Ltd specializes in manufacturing PVC pipes and fittings for agriculture, plumbing, and sanitation. As of March 2025, it reported net sales of ₹11,718 Cr and a net profit of ₹1,646 Cr, with a market cap of ₹13,185 Cr.

Overview:<BR>Finolex Industries Ltd operates in the Plastic Products - Industrial sector, specializing in a wide range of PVC pipes and fittings for agriculture, plumbing, and sanitation applications.<BR><BR>History:<BR>Finolex Industries Limited was incorporated on 28 March 1981 and changed its name from Finolex Pipes Limited on February 24, 1995. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 11,718 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 1,646 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 13,185 Cr (Mid Cap)<BR><BR>Key Metrics:<BR>P/E: 28.00 <BR>Industry P/E: 40 <BR>Dividend Yield: 1.20% <BR>Debt-Equity: -0.33 <BR>Return on Equity: 7.82% <BR>Price to Book: 2.12 <BR><BR>Contact Details:<BR>Address: Gat No 399 Village Urse, Taluka Maval Pune Maharashtra : 410506 <BR>Tel: 91-02114-237251 <BR>Email: investors@finolexind.com <BR>Website: http://www.finolex.com

Who are the top shareholders of the Finolex Inds.?

The top shareholders of Finolex Industries include Finolex Cables Ltd. as the largest promoter with 32.39%, mutual funds holding 10.44%, foreign institutional investors at 6.48%, and individual shareholders collectively owning 22.87%, with Anuj A Sheth being the highest public shareholder at 3.37%.

The top shareholders of Finolex Industries include a mix of promoters, institutional investors, and individual shareholders. The majority of the shares are held by promoters, with Finolex Cables Ltd. being the largest promoter, holding 32.39%. <BR><BR>In terms of institutional holdings, mutual funds collectively hold 10.44% through 22 schemes, while foreign institutional investors (FIIs) own 6.48% across 128 entities. The highest public shareholder is Anuj A Sheth, who holds 3.37%. Additionally, individual investors collectively hold 22.87% of the shares. <BR><BR>Overall, the ownership structure reflects a strong presence of promoter holdings alongside significant participation from mutual funds and individual investors.

How big is Finolex Inds.?

As of 24th July, Finolex Industries Ltd has a market capitalization of 13,086.00 Cr, with recent net sales of 4,141.97 Cr and a net profit of 800.00 Cr. Shareholder's funds are 5,634.27 Cr, and total assets amount to 7,057.85 Cr.

As of 24th July, Finolex Industries Ltd has a market capitalization of 13,086.00 Cr, categorizing it as a Mid Cap company.<BR><BR>In the latest four quarters, Finolex Industries reported Net Sales of 4,141.97 Cr and a Net Profit of 800.00 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with Shareholder's Funds amounting to 5,634.27 Cr and Total Assets of 7,057.85 Cr.

Is Finolex Inds. overvalued or undervalued?

As of October 7, 2025, Finolex Industries is fairly valued with a PE ratio of 30.56 and an EV to EBITDA of 28.18, making it more attractive than peers like Supreme Industries and Astral, despite a year-to-date return of -22.17%.

As of 7 October 2025, the valuation grade for Finolex Industries has moved from expensive to fair. The company is currently fairly valued. Key ratios include a PE ratio of 30.56, an EV to EBITDA of 28.18, and a Price to Book Value of 1.99. When compared to peers, Finolex's valuation appears more attractive than Supreme Industries and Astral, which are both classified as very expensive with PE ratios of 60.53 and 78.84, respectively.<BR><BR>Despite recent underperformance, with a year-to-date return of -22.17% compared to the Sensex's 4.85%, the company's valuation metrics suggest it is positioned reasonably within its industry. The PEG ratio of 0.00 indicates that there may be growth opportunities not currently reflected in the stock price, reinforcing the fair valuation assessment.

When is the next results date for Finolex Inds.?

Finolex Inds. will announce its results on 07 November 2025.

Finolex Inds. will declare its results on 07 November 2025.

How has been the historical performance of Finolex Inds.?

Finolex Industries has experienced a declining trend in net sales and operating profits, with net sales dropping from 4,647.32 crore in March 2022 to 4,141.97 crore in March 2025, despite a rise in profit before tax and profit after tax during the same period. The company faces challenges due to rising raw material costs and fluctuating operating profit margins.

Answer:<BR>The historical performance of Finolex Industries shows a fluctuating trend in net sales and profits over the years, with a notable decline in recent periods.<BR><BR>Breakdown:<BR>Finolex Industries reported net sales of 4,141.97 crore in March 2025, a decrease from 4,317.43 crore in March 2024 and 4,397.05 crore in March 2023, reflecting a downward trend from a peak of 4,647.32 crore in March 2022. The total operating income followed a similar pattern, with a total of 4,141.97 crore in March 2025 compared to 4,317.43 crore in the previous year. The company faced rising raw material costs, which were 2,621.95 crore in March 2025, down from 2,744.92 crore in March 2024 but higher than previous years. Operating profit (PBDIT) was 722.43 crore in March 2025, a slight decline from 764.80 crore in March 2024, and significantly lower than 1,105.97 crore in March 2022. Profit before tax increased to 1,003.07 crore in March 2025 from 612.33 crore in March 2024, while profit after tax also rose to 759.86 crore from 435.37 crore in the prior year. The company's total assets increased to 7,381.93 crore in March 2025, up from 7,057.85 crore in March 2024, and total liabilities also rose to 7,381.93 crore from 7,057.85 crore. Cash flow from operating activities improved to 382 crore in March 2025 from 353 crore in March 2024, contributing to a net cash inflow of 42 crore in March 2025, compared to a net outflow of 6 crore in March 2024. Overall, while the company has shown some recovery in profits, the decline in sales and operating profit margins indicates challenges in maintaining growth.

Is Finolex Inds. technically bullish or bearish?

As of November 21, 2025, Finolex Industries shows a bearish technical trend, indicated by negative signals from MACD, Bollinger Bands, and moving averages, alongside significant underperformance compared to the Sensex.

As of 21 November 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Finolex Industries is bearish with a strong indication of weakness. Key indicators driving this stance include bearish signals from the MACD on both weekly and monthly time frames, bearish readings in Bollinger Bands, and a bearish moving average on the daily chart. Additionally, the KST is bearish on both weekly and monthly levels. Although the Dow Theory indicates a mildly bearish outlook, the overall technical picture remains negative, especially considering the significant underperformance compared to the Sensex over various periods.

Are Finolex Industries Ltd latest results good or bad?

Finolex Industries Ltd's latest results show a year-on-year net profit increase of 23.46% to ₹116.08 crore, but a quarter-on-quarter decline of 6.05% and a 10.35% drop in revenue indicate ongoing challenges in the PVC market, suggesting caution for investors regarding sustainability.

Finolex Industries Ltd's latest results present a mixed picture. On one hand, the company reported a net profit of ₹116.08 crore for Q3 FY26, which is a notable increase of 23.46% year-on-year. This indicates strong profitability growth compared to the same quarter last year. However, when looking at the quarter-on-quarter performance, net profit declined by 6.05%, which raises concerns about recent operational momentum.<BR><BR>Revenue for the same quarter was ₹897.66 crore, reflecting a significant decline of 10.35% year-on-year. While there was a modest sequential improvement of 4.53% compared to the previous quarter, the overall trend suggests ongoing challenges in the PVC pipes and fittings market, likely due to subdued demand and competitive pressures.<BR><BR>Operating margins improved to 13.71%, up 541 basis points year-on-year, which indicates effective cost management despite the revenue decline. However, the sequential drop in margins from the previous quarter suggests that this improvement may not be sustainable in the face of potential raw material price increases.<BR><BR>Overall, while the profit growth year-on-year is a positive sign, the declining revenue and concerns about reliance on non-operating income for profitability indicate that the company faces significant challenges. Investors may need to remain cautious about the sustainability of these results moving forward.

Should I buy, sell or hold Finolex Industries Ltd?

Why is Finolex Industries Ltd falling/rising?

As of 05-May, Finolex Industries Ltd's stock price is rising to 174.90, driven by increased investor participation and favorable valuation metrics, despite a history of poor long-term growth. The stock has outperformed its sector today and shows a positive short-term momentum.

As of 05-May, Finolex Industries Ltd's stock price is rising, currently at 174.90, with a change of 1.3 (0.75%) upwards. This increase can be attributed to several factors. Firstly, the stock has outperformed its sector by 1.14% today and has shown a consecutive gain over the last two days, with a total return of 1.33% during this period. Additionally, the stock's delivery volume has increased by 5.98% compared to the 5-day average, indicating rising investor participation.<BR><BR>Moreover, the company is net-debt free and is trading at a discount compared to its peers' average historical valuations, which may attract more investors. The return on equity (ROE) stands at 8.1, suggesting fair valuation, and while the stock has experienced a -1.46% return over the past year, its profits have risen by 5.3%. Institutional investors have also increased their stake by 0.59% in the previous quarter, now holding 18.66% of the company, which reflects growing confidence in the stock's fundamentals.<BR><BR>However, it is important to note that the stock has shown poor long-term growth, with operating profit declining at an annual rate of -7.50% over the last five years. Despite this, the current positive momentum in the short term, driven by increased investor participation and favorable valuation metrics, is contributing to the rise in the stock price.

Which are the latest news on Finolex Inds.?