Finolex Inds.

Why is Finolex Industries Ltd falling/rising?

As of 11-Jun, Finolex Industries Ltd's stock is declining, down -1.29% and trading below key moving averages, indicating persistent weakness. The stock has underperformed significantly over the past year, with a -24.94% return, amidst reduced investor interest and negative long-term growth sentiment.

As of 11-Jun, Finolex Industries Ltd's stock price is currently falling, as indicated by a change of -2.2, or -1.29%. The stock has been on a downward trend, having lost -2.34% over the last two days. This decline is compounded by the fact that the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a persistent weakness in its price performance.<BR><BR>In terms of broader performance, the stock has underperformed significantly over various time frames, with a -24.94% return over the past year, compared to a -10.52% decline in the benchmark index. Additionally, the stock has seen a decrease in investor participation, with delivery volume falling by -14.45% against the 5-day average, indicating reduced interest from investors.<BR><BR>While there are some positive factors, such as the company being net-debt free and reporting strong growth in profits, these have not been sufficient to counteract the negative sentiment surrounding the stock's long-term growth prospects. The operating profit has declined at an annual rate of -8.90% over the last five years, and the stock has consistently underperformed against broader market indices. Overall, these factors contribute to the current decline in Finolex Industries Ltd's stock price.

Which are the latest news on Finolex Inds.?

How big is Finolex Inds.?

Summary could not be generated.

As of 10th June, <BR><BR>Market Cap: Finolex Industries Ltd has a market capitalization of 10,765.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 4,113.43 Cr, while the sum of Net Profit for the same period is 599.05 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is not specified, and the values for Shareholder's Funds and Total Assets are unavailable.

Who are in the management team of Finolex Inds.?

The management team of Finolex Industries includes Managing Director Anil V Whabi, Executive Chairman Prakash P Chhabria, and several directors, including Saumya Chakrabarti (Technical), Ritu P Chhabria, and S S Dhanorkar. The board also features independent directors such as Bhumika Batra and Deepak Parikh, overseeing the company's operations and strategy.

The management team of Finolex Industries includes the following key members:<BR><BR>1. **Anil V Whabi** - Managing Director<BR>2. **Prakash P Chhabria** - Executive Chairman<BR>3. **Saumya Chakrabarti** - Director (Technical)<BR>4. **Ritu P Chhabria** - Non-Executive & Non-Independent Director<BR>5. **S S Dhanorkar** - Non-Executive & Non-Independent Director<BR><BR>Additionally, the board features several independent directors:<BR>- **Bhumika Batra**<BR>- **Kanchan Chitale**<BR>- **Pradeep R Rathi**<BR>- **Deepak Parikh**<BR>- **A N Roy**<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

Who are the peers of the Finolex Inds.?

Finolex Inds. peers include Supreme Inds., Astral, Garware Hi Tech, Shaily Engineer, Time Technoplast, Kingfa Science, Prince Pipes, Jain Irrigation, Apollo Pipes, and Jai Corp. Kingfa Science leads with a 1-year return of 61.98%, while Finolex Inds. has a return of -24.38%.

Peers: The peers of Finolex Inds. are Supreme Inds., Astral, Garware Hi Tech, Shaily Engineer., Time Technoplast, Kingfa Science, Prince Pipes, Jain Irrigation, Apollo Pipes, and Jai Corp.<BR><BR>Quality Snapshot: Excellent management risk is observed at Supreme Inds., Astral, Time Technoplast, Kingfa Science, Shaily Engineer., and Apollo Pipes, while Average management risk is found at Garware Hi Tech and Prince Pipes. Good growth is noted at Shaily Engineer., while Below Average growth is seen at Supreme Inds., Astral, Garware Hi Tech, Finolex Inds., Time Technoplast, Prince Pipes, and Apollo Pipes, and the rest. Excellent capital structure is present in Supreme Inds., Astral, Garware Hi Tech, Finolex Inds., Kingfa Science, and Prince Pipes, while Below Average capital structure is noted at Jain Irrigation.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Kingfa Science at 61.98%, while Jain Irrigation has the lowest at -52.97%. Finolex Inds. has a 1-year return of -24.38%, which is better than Jain Irrigation but worse than Kingfa Science. Additionally, Jain Irrigation and Time Technoplast have negative six-month returns.

What does Finolex Inds. do?

Finolex Industries Ltd is a small-cap company specializing in PVC pipes and fittings for agriculture, plumbing, and sanitation. As of March 2026, it reported net sales of ₹1,314 Cr and a net profit of ₹261 Cr, with a market cap of ₹10,765 Cr.

Overview:<BR>Finolex Industries Ltd is a small-cap company operating 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 most recent quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 1,314 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 261 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 10,765 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 18.00<BR>- Industry P/E: 36<BR>- Dividend Yield: 2.07%<BR>- Debt Equity: -0.33<BR>- Return on Equity: 9.64%<BR>- Price to Book: 1.73<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

Should I buy, sell or hold Finolex Industries Ltd?

Are Finolex Industries Ltd latest results good or bad?

Finolex Industries Ltd's Q4 FY26 results are strong, with a net profit of ₹261.25 crore and record net sales of ₹1,313.88 crore, reflecting significant quarter-on-quarter growth. However, the company faces long-term challenges, including a negative five-year EBIT growth rate and below-average return on equity, indicating mixed prospects for future profitability.

Finolex Industries Ltd's latest results for Q4 FY26 can be considered quite strong, showcasing significant improvements in both profitability and sales. The consolidated net profit reached ₹261.25 crore, reflecting a remarkable increase of 125.06% quarter-on-quarter and 58.74% year-on-year. Additionally, net sales hit an all-time high of ₹1,313.88 crore, up 46.37% from the previous quarter and 12.12% year-on-year.<BR><BR>The operating margin also saw impressive growth, reaching 25.27%, which is the highest quarterly level in recent years. This indicates strong operational execution and improved efficiencies, particularly in the PVC pipes segment.<BR><BR>However, it's important to note that while the quarterly performance is commendable, the company faces longer-term challenges, including a five-year EBIT growth rate of -7.50%. This suggests structural issues that could affect future profitability. The return on equity, averaging 12.00%, is below the peer average, indicating modest capital efficiency.<BR><BR>Overall, the results reflect a strong operational quarter, but the company must demonstrate that this performance can be sustained over time to address the underlying growth challenges. Investors may view the current situation as mixed, with strong short-term results tempered by longer-term concerns.

When is the next results date for Finolex Industries Ltd?

The next results date for Finolex Industries Ltd is 26 May 2026.

The next results date for Finolex Industries Ltd is scheduled for 26 May 2026.

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.

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. 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.

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.

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.