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Finolex Industries NSEI:FINPIPE Stock Report

Last Price

₹274.10

Market Cap

₹169.5b

7D

9.8%

1Y

67.3%

Updated

24 Apr, 2024

Data

Company Financials +

Finolex Industries Limited

NSEI:FINPIPE Stock Report

Market Cap: ₹169.5b

FINPIPE Stock Overview

Finolex Industries Limited manufactures and sells polyvinyl chloride (PVC) pipes and fittings, and PVC resins in India.

FINPIPE fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance2/6
Financial Health5/6
Dividends4/6

Finolex Industries Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Finolex Industries
Historical stock prices
Current Share Price₹274.10
52 Week High₹275.00
52 Week Low₹163.00
Beta0.69
1 Month Change16.34%
3 Month Change21.80%
1 Year Change67.34%
3 Year Change82.07%
5 Year Change195.49%
Change since IPO2,373.83%

Recent News & Updates

Finolex Industries (NSE:FINPIPE) May Have Issues Allocating Its Capital

Apr 16
Finolex Industries (NSE:FINPIPE) May Have Issues Allocating Its Capital

These 4 Measures Indicate That Finolex Industries (NSE:FINPIPE) Is Using Debt Safely

Mar 26
These 4 Measures Indicate That Finolex Industries (NSE:FINPIPE) Is Using Debt Safely

Earnings Report: Finolex Industries Limited Missed Revenue Estimates By 8.6%

Jan 21
Earnings Report: Finolex Industries Limited Missed Revenue Estimates By 8.6%

Recent updates

Finolex Industries (NSE:FINPIPE) May Have Issues Allocating Its Capital

Apr 16
Finolex Industries (NSE:FINPIPE) May Have Issues Allocating Its Capital

These 4 Measures Indicate That Finolex Industries (NSE:FINPIPE) Is Using Debt Safely

Mar 26
These 4 Measures Indicate That Finolex Industries (NSE:FINPIPE) Is Using Debt Safely

Earnings Report: Finolex Industries Limited Missed Revenue Estimates By 8.6%

Jan 21
Earnings Report: Finolex Industries Limited Missed Revenue Estimates By 8.6%

Capital Allocation Trends At Finolex Industries (NSE:FINPIPE) Aren't Ideal

Dec 05
Capital Allocation Trends At Finolex Industries (NSE:FINPIPE) Aren't Ideal

Finolex Industries' (NSE:FINPIPE) Shareholders Will Receive A Smaller Dividend Than Last Year

Aug 11
Finolex Industries' (NSE:FINPIPE) Shareholders Will Receive A Smaller Dividend Than Last Year

Does Finolex Industries (NSE:FINPIPE) Have A Healthy Balance Sheet?

Jul 18
Does Finolex Industries (NSE:FINPIPE) Have A Healthy Balance Sheet?

Finolex Industries (NSE:FINPIPE) May Have Issues Allocating Its Capital

Jun 12
Finolex Industries (NSE:FINPIPE) May Have Issues Allocating Its Capital

We Think Finolex Industries (NSE:FINPIPE) Can Stay On Top Of Its Debt

Mar 15
We Think Finolex Industries (NSE:FINPIPE) Can Stay On Top Of Its Debt

Here's What's Concerning About Finolex Industries' (NSE:FINPIPE) Returns On Capital

Feb 23
Here's What's Concerning About Finolex Industries' (NSE:FINPIPE) Returns On Capital

Is Finolex Industries (NSE:FINPIPE) A Risky Investment?

Dec 06
Is Finolex Industries (NSE:FINPIPE) A Risky Investment?

Finolex Industries (NSE:FINPIPE) Might Be Having Difficulty Using Its Capital Effectively

Nov 11
Finolex Industries (NSE:FINPIPE) Might Be Having Difficulty Using Its Capital Effectively

Here's Why We Think Finolex Industries (NSE:FINPIPE) Is Well Worth Watching

Oct 01
Here's Why We Think Finolex Industries (NSE:FINPIPE) Is Well Worth Watching

Time To Worry? Analysts Are Downgrading Their Finolex Industries Limited (NSE:FINPIPE) Outlook

Jul 28
Time To Worry? Analysts Are Downgrading Their Finolex Industries Limited (NSE:FINPIPE) Outlook

Finolex Industries (NSE:FINPIPE) Might Become A Compounding Machine

Jul 15
Finolex Industries (NSE:FINPIPE) Might Become A Compounding Machine

Do Finolex Industries's (NSE:FINPIPE) Earnings Warrant Your Attention?

Jun 14
Do Finolex Industries's (NSE:FINPIPE) Earnings Warrant Your Attention?

Why Finolex Industries' (NSE:FINPIPE) Earnings Are Weaker Than They Seem

May 26
Why Finolex Industries' (NSE:FINPIPE) Earnings Are Weaker Than They Seem

We Think Finolex Industries (NSE:FINPIPE) Can Stay On Top Of Its Debt

May 21
We Think Finolex Industries (NSE:FINPIPE) Can Stay On Top Of Its Debt

Calculating The Fair Value Of Finolex Industries Limited (NSE:FINPIPE)

Apr 19
Calculating The Fair Value Of Finolex Industries Limited (NSE:FINPIPE)

Investors Should Be Encouraged By Finolex Industries' (NSE:FINPIPE) Returns On Capital

Feb 24
Investors Should Be Encouraged By Finolex Industries' (NSE:FINPIPE) Returns On Capital

Does Finolex Industries (NSE:FINPIPE) Deserve A Spot On Your Watchlist?

Feb 11
Does Finolex Industries (NSE:FINPIPE) Deserve A Spot On Your Watchlist?

Finolex Industries Limited Recorded A 34% Miss On Revenue: Analysts Are Revisiting Their Models

Jan 29
Finolex Industries Limited Recorded A 34% Miss On Revenue: Analysts Are Revisiting Their Models

These 4 Measures Indicate That Finolex Industries (NSE:FINPIPE) Is Using Debt Safely

Jan 10
These 4 Measures Indicate That Finolex Industries (NSE:FINPIPE) Is Using Debt Safely

Finolex Industries (NSE:FINPIPE) Is Investing Its Capital With Increasing Efficiency

Nov 06
Finolex Industries (NSE:FINPIPE) Is Investing Its Capital With Increasing Efficiency

Does Finolex Industries (NSE:FINPIPE) Deserve A Spot On Your Watchlist?

Oct 19
Does Finolex Industries (NSE:FINPIPE) Deserve A Spot On Your Watchlist?

These 4 Measures Indicate That Finolex Industries (NSE:FINPIPE) Is Using Debt Safely

Jun 28
These 4 Measures Indicate That Finolex Industries (NSE:FINPIPE) Is Using Debt Safely

Here's Why I Think Finolex Industries (NSE:FINPIPE) Might Deserve Your Attention Today

May 03
Here's Why I Think Finolex Industries (NSE:FINPIPE) Might Deserve Your Attention Today

Shareholders Are Optimistic That Finolex Industries (NSE:FINPIPE) Will Multiply In Value

Apr 19
Shareholders Are Optimistic That Finolex Industries (NSE:FINPIPE) Will Multiply In Value

What Kind Of Investors Own Most Of Finolex Industries Limited (NSE:FINPIPE)?

Mar 17
What Kind Of Investors Own Most Of Finolex Industries Limited (NSE:FINPIPE)?

These 4 Measures Indicate That Finolex Industries (NSE:FINPIPE) Is Using Debt Reasonably Well

Mar 04
These 4 Measures Indicate That Finolex Industries (NSE:FINPIPE) Is Using Debt Reasonably Well

Finolex Industries Limited's (NSE:FINPIPE) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?

Feb 19
Finolex Industries Limited's (NSE:FINPIPE) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?

This Just In: Analysts Are Boosting Their Finolex Industries Limited (NSE:FINPIPE) Outlook for This Year

Feb 06
This Just In: Analysts Are Boosting Their Finolex Industries Limited (NSE:FINPIPE) Outlook for This Year

With EPS Growth And More, Finolex Industries (NSE:FINPIPE) Is Interesting

Feb 02
With EPS Growth And More, Finolex Industries (NSE:FINPIPE) Is Interesting

Should You Be Impressed By Finolex Industries' (NSE:FINPIPE) Returns on Capital?

Jan 02
Should You Be Impressed By Finolex Industries' (NSE:FINPIPE) Returns on Capital?

What Type Of Shareholders Make Up Finolex Industries Limited's (NSE:FINPIPE) Share Registry?

Dec 15
What Type Of Shareholders Make Up Finolex Industries Limited's (NSE:FINPIPE) Share Registry?

Finolex Industries (NSE:FINPIPE) Seems To Use Debt Quite Sensibly

Nov 24
Finolex Industries (NSE:FINPIPE) Seems To Use Debt Quite Sensibly

Finolex Industries Limited's (NSE:FINPIPE) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Nov 06
Finolex Industries Limited's (NSE:FINPIPE) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Shareholder Returns

FINPIPEIN ChemicalsIN Market
7D9.8%3.0%1.8%
1Y67.3%19.8%46.4%

Return vs Industry: FINPIPE exceeded the Indian Chemicals industry which returned 18.9% over the past year.

Return vs Market: FINPIPE exceeded the Indian Market which returned 46.1% over the past year.

Price Volatility

Is FINPIPE's price volatile compared to industry and market?
FINPIPE volatility
FINPIPE Average Weekly Movement5.4%
Chemicals Industry Average Movement6.5%
Market Average Movement6.9%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.2%

Stable Share Price: FINPIPE has not had significant price volatility in the past 3 months.

Volatility Over Time: FINPIPE's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19561,473Ajit Venkataramanwww.finolexpipes.com

Finolex Industries Limited manufactures and sells polyvinyl chloride (PVC) pipes and fittings, and PVC resins in India. It operates in two segments, PVC Resin and PVC Pipes and Fittings. The company offers agriculture pipes and fittings; column pipes; casing pipes; solvent cement and lubricants; ASTM plumbing pipes and fittings; chlorinated PVC pipes and fittings; SWR pipes and fittings; sewerage pipes; and solvent cement lubricant and primer.

Finolex Industries Limited Fundamentals Summary

How do Finolex Industries's earnings and revenue compare to its market cap?
FINPIPE fundamental statistics
Market cap₹169.48b
Earnings (TTM)₹4.76b
Revenue (TTM)₹42.23b

35.6x

P/E Ratio

4.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FINPIPE income statement (TTM)
Revenue₹42.23b
Cost of Revenue₹26.85b
Gross Profit₹15.38b
Other Expenses₹10.62b
Earnings₹4.76b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)7.70
Gross Margin36.43%
Net Profit Margin11.27%
Debt/Equity Ratio10.8%

How did FINPIPE perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

37%

Payout Ratio
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