Finolex Industries Ltd Share Price

Q: What is the share price of Finolex Industries Ltd today?

Finolex Industries Ltd share price as on 22 Jan 2025 is ₹206.95

Plastics - Pipes

NSE: FINPIPE Small Cap ISIN: INE183A01024

As on 22 January 2025 at 15:58 IST

₹206.95

-4.30

(-2.04%)

Sell Buy

About Finolex Industries Ltd

Finolex Industries Ltd is a leading manufacturer of polyvinyl chloride (PVC) pipes and fittings in India. It operates in the chemical manufacturing sector. The company was founded in 1981, making it many years old. The headquarters of Finolex Industries Ltd is located in Pune, Maharashtra. Finolex’s main products include a variety of PVC pipes and fittings, such as PVC-U pressure pipes and solvent cement. These products are essential for various agriculture, construction, and industrial applications. The company’s commitment to quality and innovation has earned it a strong reputation among its clients. Read More...

Over 1 Month

-11.81%

Over 6 Months

-33.45%

Over 1 Year

-5.63%

Over 3 Years

9.06%

Finolex Industries Ltd Summary

Close ₹ 206.95

Open ₹ 212.10

High ₹ 213.85

Low ₹ 205

Volume 6,74,440

Net Turnover (in ₹) ₹ 37,65,30,958.20

52Wk High ₹ 355.90

52Wk Low ₹ 203.40

52Wk High / Low

203.40

355.90

Finolex Industries Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 13,107.57

EPS (TTM) 7.75

Book Value (BV) 108.08

Div. Yield 1.18 %

P/E (TTM) 16.23

Price/Book Value 1.95

Delivery % 26.88 %

Face Value 2

Key Ratios

PE Ratio 33.51

PB Ratio 2.75

EV to Sales 3.63

PEG Ratio 0.36

ROA 7.58

ROE 8.79

Debt-Equity 0.09

Net Profit Margin 10.55

Operating Profit Margin 17.74

Finolex Industries Ltd Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	4,497.38	4,517.97	4,729.55	3,533.82	3,014.42
Total Expenses	3,885.05	4,220.94	3,721.07	2,557.95	2,622.16
Profit Before Tax	650.55	321.29	1,383.07	992.06	417.82
Profit After Tax	473.59	250.70	1,051.35	737.79	332.65
Operating Profit after Depreciation	648.78	324.26	1,022.57	983.14	403.54

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	1,055.37	1,055.17	993.23	1,002.35	1,016.89
Total Non Current Assets	3,858.46	3,392.70	2,299.41	2,305.03	1,667.04
Total Current Assets	3,199.39	2,892.37	3,045.96	1,988.85	1,224.30
TOTAL ASSETS	7,057.85	6,285.07	5,345.37	4,293.88	2,891.34
Total Shareholder's Fund	5,634.27	4,903.07	3,927.81	3,138.96	1,985.98

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	353.30	307.68	621.99	940.98	106.31
Net Cash used in Investing Activities	-82.97	-293.73	-440.34	-876.57	49.13
Net Cash used in Financing Activities	-276.74	-28.94	-189.50	-90.30	-104.67

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	4,498.54	4,518.43	4,730.48	3,534.75	3,015.35
Total Expenses	3,885.05	4,220.94	3,721.07	2,557.95	2,622.16
Profit Before Tax	613.49	297.49	1,385.47	976.80	393.19
Profit After Tax	455.30	236.59	1,053.47	728.02	324.20
Operating Profit after Depreciation	649.94	324.72	1,023.50	984.07	404.47

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	1,055.37	1,055.17	993.23	1,002.35	1,016.89
Total Non Current Assets	3,728.33	3,289.92	2,215.04	2,218.01	1,591.01
Total Current Assets	3,199.39	2,892.37	3,045.96	1,988.85	1,224.30
TOTAL ASSETS	6,927.72	6,182.29	5,261	4,206.86	2,815.31
Total Shareholder's Fund	5,537.84	4,824.90	3,863.76	3,072.88	1,929.81

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	353.30	307.68	621.99	940.98	106.31
Net Cash used in Investing Activities	-82.97	-293.73	-440.34	-876.57	49.13
Net Cash used in Financing Activities	-276.74	-28.94	-189.50	-90.30	-104.67

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	828.43	1,140.49	1,235.42	1,019.69	883.15
Total Expenses	817.86	933.84	1,026.49	899.79	780.17
Profit Before Tax	61.93	646.31	228.81	131.50	133.35
Profit After Tax	40.67	500.73	164.90	95.40	97.96
Operating Profit after Depreciation	95.16	262.05	262.80	166.73	173.19

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	828.43	1,140.49	1,235.42	1,019.69	883.15
Total Expenses	817.86	933.84	1,026.49	899.79	780.17
Profit Before Tax	61.58	645.81	218.73	119.79	125.65
Profit After Tax	51.44	505.20	161.43	89.21	93.78
Operating Profit after Depreciation	94.81	261.55	252.72	155.02	165.49

Finolex Industries Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 206

S2 200.75

S3 194

Pivot 212.75

R1 218

R2 224.75

R3 230

Moving Average

20 SMA 230.18

50 SMA 251.26

100 SMA 275.80

200 SMA 288.54

Finolex Industries Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

Finolex Industries Ltd

₹2.5/Share

Announcement Date 11 Sep 2024

Record Date 11 Sep 2024

Div Yield 125%

AGM Date: 30 Aug 2022

AGM 30/08/2022 This is to inform you that the Register of Members and the Share Transfer Books of the Company will remain closed from Wednesday, August 24, 2022 to Tuesday, August 30, 2022 (both days inclusive) for ascertaining the entitlement to dividend and for the purpose 41st Annual General Meeting (AGM). This is to inform you that the 41st Annual General Meeting (AGM) of the Company is scheduled to be held on Tuesday, 30th August, 2022 at 4.00 p.m. (IST) through Video Conferencing ('VC') or Other Audio Visual Means ('OAVM') to transact the business as set out in the Notice of 41st AGM. A copy of Annual Report 2021-22 along with Notice of 41st AGM is submitted herewith. Notice of 41st Annual General Meeting & Annual Report 2021-22 This is to inform you that the 41st Annual General Meeting (AGM) of the Company is scheduled to be held on Tuesday, 30th August, 2022 at 4.00 p.m. (IST) through Video Conferencing ('VC') or Other Audio Visual Means ('OAVM') to transact the business as set out in the Notice of 41st AGM. We wish to inform that, the forty-first Annual General Meeting ('AGM') is scheduled to be held on Tuesday, 30th August, 2022 at 4.00 p.m. (IST), through Video Conferencing ('VC') or Other Audio Visual Means ('OAVM'). (As Per BSE Announcement Dated on 06/08/2022) Summary of Proceedings at forty-first Annual General Meeting of the Company Voting Results of forty - first Annual General Meeting of the Company Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Change in statutory auditors. (As Per BSE Announcement Dated on 31/08/2022) Finolex Industries Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015 (As per BSE Announcement Dated on 1/9/2022)

AGM Date: 28 Aug 2023

In terms of the subject referred Regulation, this is to inform you that Register of Members and the Share Transfer Books of the Company will remain closed from Tuesday, August 22, 2023 to Monday, August 28, 2023 (both days inclusive) for ascertaining the entitlement to dividend and for the purpose of 42nd Annual General Meeting. Proceedings of 42nd Annual General Meeting held on 28th August, 2023 at 4.00 p.m. (IST) through VC / OAVM facility Proceedings of 42nd Annual General Meeting held on 28th August, 2023 at 4.00 p.m. (IST) through VC / OAVM facility (As per BSE Announcement Dated on 28/08/2023)

AGM Date: 18 Sep 2024

Annual Report for FY 2024 Newspaper Advertisment for revision of Record / Cut-off date (As Per BSE Announcement dated on 14.09.2024) Summary of the Proceedings at the 43rd (Forty-Third) Annual General Meeting of the Company (As per BSE Announcement Dated on 18/09/2024) Scrutinizer''s report for AGM held as on 30.9.2024 (As per BSE Announcement dated on 30/09/2024)

Finolex Industries Ltd Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
Finolex Industries Ltd	₹211.20	₹13,104.47
Supreme Industries Ltd	₹3,957.55	₹50,271.52
Astral Ltd	₹1,464.60	₹39,344.24
Safari Industries (India) Ltd	₹2,354.50	₹11,510.21
Time Technoplast Ltd	₹406.90	₹9,233.74
Responsive Industries Ltd	₹263.35	₹7,021.14

Finolex Industries Ltd News

Volumes soar at Finolex Industries Ltd counter

Finolex Industries Ltd recorded volume of 280.03 lakh shares by 14:14 IST on NSE, a 65.76 times surge over two-week average daily volume of 4.26 lakh shares

27 Dec 2024, 02:30 pm

Volumes jump at Finolex Industries Ltd counter

Finolex Industries Ltd witnessed volume of 3.35 lakh shares by 10:47 IST on BSE, a 6.55 times surge over two-week average daily volume of 51139 shares

27 Dec 2024, 11:00 am

Finolex Industries appoints Saurabh Dhanorkar as Managing Director

21 Nov 2024, 11:19 am

Finolex Industries appoints Saurabh Dhanorkar as MD

Finolex Industries announced that its board of directors has approved the appointment of Saurabh Dhanorkar as managing director (MD) for a period of two years with effect from 21 November 2024.

21 Nov 2024, 10:58 am

Finolex Industries to conduct board meeting

On 24 October 2024

17 Oct 2024, 02:03 pm

Finolex Industries Ltd Stock Analysis

Annual revenue for Finolex Industries Ltd decreased by 0.44% to ₹4,498.54 crore in FY 2024 from ₹4,518.43 crore in FY 2023.
Annual Net Profit for Finolex Industries Ltd increased by 92.44% to ₹455.30 crore in FY 2024 from ₹236.59 crore in FY 2023.
Promoter Shareholding in Finolex Industries Ltd remains unchanged by 0.00% in the most recent quarter, from 52.47% in September 2024 to 52.47% in December 2024.
Finolex Industries Ltd delivered a 1-year return of -5.63% compared to the Nifty 50, which provided a return of 8.41% as of the last trading session.
Finolex Industries Ltd share price moved down by 2.04% from its previous close of INR ₹211.25. The latest Finolex Industries Ltd share price is INR ₹206.95.
Finolex Industries Ltd share price today has been at a low of 205 and a high of 213.85. Over the past 52 weeks, the Finolex Industries Ltd share price has seen a low of 203.40 and a high of 355.90.

About Finolex Industries Ltd

Finolex Industries Ltd is a leading manufacturer of polyvinyl chloride (PVC) pipes and fittings in India. The company produces various PVC, UPVC, and CPVC pipes and fittings. These products are used in plumbing, sanitation, and agricultural applications. Additionally, Finolex manufactures PVC resins. These resins serve as raw materials for its pipe and fitting products.

Operating in the chemical manufacturing sector, specifically within the plastics and piping industry, Finolex Industries has established itself as a significant player over the years. The company was founded in 1981 and has grown substantially throughout its history. The company has expanded its product portfolio significantly. It has also increased its market reach both domestically and internationally.

The headquarters of Finolex Industries Ltd is located in Pune, Maharashtra, India. The company's promoters include Finolex Cables Ltd, with a 32.39% stake. Today, the company continues to be guided by the values and vision set forth by its founders. A team of professional managerial promoters manages the operations of the company-

Prakash P Chhabria
Ajit Venkataraman
Saumya Chakrabarti
Ritu P Chhabria
Saurabh S Dhanorkar

Finolex’s main products include a variety of PVC pipes and fittings, such as PVC-U pressure pipes, casing pipes, and solvent cement. These products are essential for various agriculture, construction, and industrial applications. The company’s commitment to quality and innovation has earned it a strong reputation among its clients.

While Finolex Industries is a significant player in the PVC pipes and fittings sector, it is not the largest. The company ranks below others in terms of market share and market capitalization. However, it is leading in specific product categories, particularly in manufacturing PVC pipes. This leadership is a testament to the company’s expertise and dedication to excellence. The registered office of Finolex Industries Ltd is in Pune, Maharashtra. The registrar's office is located in Hyderabad, Telangana.

Importance of Finolex Industries Limited

Finolex Industries Ltd holds a significant position in the Indian manufacturing sector. It is mainly known for producing polyvinyl chloride (PVC) pipes and fittings. Established in 1981, the company has become a leading manufacturer. It provides essential products for various agriculture, construction, and industrial applications. The importance of Finolex Industries is evident in its contributions to infrastructure development and agricultural efficiency. Additionally, the company plays a crucial role in promoting economic growth.

One of the primary areas where Finolex Industries has made a substantial impact is in infrastructure development. The company’s high-quality PVC pipes and fittings are crucial for water supply systems and sewage management. They also play an important role in plumbing for residential and commercial buildings. These products ensure the efficient and safe transportation of water and other fluids. This capability is vital for both urban and rural infrastructure. The reliability and durability of Finolex products have made them a preferred choice for numerous infrastructure projects. This preference spans across India.

Finolex Industries plays a pivotal role in enhancing irrigation efficiency. This impact is particularly significant within the agricultural sector. The company’s PVC pipes are widely used in irrigation systems. They help farmers manage water resources more effectively. Efficient irrigation is essential for increasing agricultural productivity and ensuring food security. Finolex’s products support sustainable farming practices by reducing water wastage. They also contribute to improving crop yields. This contribution is significant in a country like India. Agriculture is a major part of the economy and a source of livelihood for millions.

Finolex Industries also contributes to the industrial sector. The company provides high-quality piping solutions for various industrial applications. The company’s products are used in chemical processing, oil and gas, and other industrial operations. In these contexts, reliable and durable piping is essential. Finolex’s commitment to quality ensures that its products meet the stringent requirements of industrial applications. This dedication supports smooth and efficient industrial processes.

Finolex Industries’ importance is further highlighted by its role in the local economy. The company provides employment opportunities to thousands of people, supporting livelihoods and contributing to economic development. Finolex’s operations have a positive ripple effect on the communities where it operates. This fosters economic growth and stability.

The company’s strong leadership and management team have been instrumental in its growth and success. The founders, Pralhad P. Chhabria and Kishan P. Chhabria, laid the foundation for Finolex’s growth and success. Today, the management team drives the company’s vision and strategic direction. They navigate the industry's challenges while achieving sustained growth. Finolex’s leadership is committed to maintaining its reputation for quality and innovation, ensuring its continued success in the market.

Finolex Industries also engages in various corporate social responsibility initiatives to improve community health, education, and well-being. The company’s initiatives include providing scholarships to students and supporting healthcare facilities. Additionally, it promotes environmental sustainability. Finolex’s focus on social responsibility reflects its belief that businesses have a role in creating a better world. These initiatives benefit the communities, enhance the company’s reputation, and strengthen its relationship with stakeholders.