Finolex Industries Limited

NSEI:FINPIPE Stock Report

Market Cap: ₹118.5b

Finolex Industries Future Growth

Future criteria checks 4/6

Finolex Industries is forecast to grow earnings and revenue by 20.6% and 11.3% per annum respectively. EPS is expected to grow by 21.3% per annum. Return on equity is forecast to be 9.7% in 3 years.

Key information

20.6%

Earnings growth rate

21.33%

EPS growth rate

Chemicals earnings growth20.1%
Revenue growth rate11.3%
Future return on equity9.66%
Analyst coverage

Good

Last updated21 Aug 2025

Recent future growth updates

Earnings Miss: Finolex Industries Limited Missed EPS By 68% And Analysts Are Revising Their Forecasts

Oct 28
Earnings Miss: Finolex Industries Limited Missed EPS By 68% And Analysts Are Revising Their Forecasts

Finolex Industries Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Jul 31
Finolex Industries Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Recent updates

Finolex Industries Limited's (NSE:FINPIPE) Share Price Not Quite Adding Up

Sep 18
Finolex Industries Limited's (NSE:FINPIPE) Share Price Not Quite Adding Up

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

Jul 08
Here's What's Concerning About Finolex Industries' (NSE:FINPIPE) Returns On Capital

Finolex Industries' (NSE:FINPIPE) Solid Earnings May Rest On Weak Foundations

May 31
Finolex Industries' (NSE:FINPIPE) Solid Earnings May Rest On Weak Foundations

Finolex Industries Limited (NSE:FINPIPE) Shares Fly 30% But Investors Aren't Buying For Growth

May 27
Finolex Industries Limited (NSE:FINPIPE) Shares Fly 30% But Investors Aren't Buying For Growth

Earnings Working Against Finolex Industries Limited's (NSE:FINPIPE) Share Price

Feb 27
Earnings Working Against Finolex Industries Limited's (NSE:FINPIPE) Share Price
User avatar

Stabilized PVC Prices And Capacity Expansion Expected To Improve Future Performance

Anticipated PVC price stabilization and facility expansions could improve revenue predictability, margins, and future earnings.

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

Feb 05
Does Finolex Industries (NSE:FINPIPE) Have A Healthy Balance Sheet?

Investors Aren't Buying Finolex Industries Limited's (NSE:FINPIPE) Earnings

Nov 19
Investors Aren't Buying Finolex Industries Limited's (NSE:FINPIPE) Earnings

Finolex Industries' (NSE:FINPIPE) Solid Earnings May Rest On Weak Foundations

Nov 01
Finolex Industries' (NSE:FINPIPE) Solid Earnings May Rest On Weak Foundations

Earnings Miss: Finolex Industries Limited Missed EPS By 68% And Analysts Are Revising Their Forecasts

Oct 28
Earnings Miss: Finolex Industries Limited Missed EPS By 68% And Analysts Are Revising Their Forecasts

Finolex Industries Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Jul 31
Finolex Industries Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Finolex Industries' (NSE:FINPIPE) Returns On Capital Not Reflecting Well On The Business

Jul 17
Finolex Industries' (NSE:FINPIPE) Returns On Capital Not Reflecting Well On The Business

Why Investors Shouldn't Be Surprised By Finolex Industries Limited's (NSE:FINPIPE) 25% Share Price Surge

May 23
Why Investors Shouldn't Be Surprised By Finolex Industries Limited's (NSE:FINPIPE) 25% Share Price Surge

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?

Earnings and Revenue Growth Forecasts

NSEI:FINPIPE - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/202854,8677,1972,938N/A5
3/31/202750,3786,2183,304N/A11
3/31/202644,8135,2802,641N/A11
6/30/202540,4463,975N/AN/AN/A
3/31/202541,4208,0002,6723,827N/A
12/31/202442,0568,004N/AN/AN/A
9/30/202442,2408,0175,2976,118N/A
6/30/202442,7888,590N/AN/AN/A
3/31/202443,1744,7362,6703,533N/A
12/31/202342,2314,760N/AN/AN/A
9/30/202343,2844,6021,4963,087N/A
6/30/202343,8642,668N/AN/AN/A
3/31/202343,9712,5071,3893,077N/A
12/31/202248,5065,785N/AN/AN/A
9/30/202247,3026,7642,1273,254N/A
6/30/202248,71810,050N/AN/AN/A
3/31/202246,47310,5145,3766,220N/A
12/31/202143,0328,551N/AN/AN/A
9/30/202143,6419,3706,9537,750N/A
6/30/202138,6678,266N/AN/AN/A
3/31/202134,6237,3788,7619,410N/A
12/31/202029,8084,976N/AN/AN/A
9/30/202026,1343,368174706N/A
6/30/202026,0423,162N/AN/AN/A
3/31/202029,8453,3274501,063N/A
12/31/201931,8413,714N/AN/AN/A
9/30/201932,4133,5262,9363,772N/A
6/30/201932,0733,282N/AN/AN/A
3/31/201930,9133,673N/A3,910N/A
3/31/201827,3783,063N/A3,384N/A
3/31/201726,0243,548N/A2,517N/A
3/31/201624,8192,578N/A5,690N/A
12/31/201524,3241,828N/AN/AN/A
9/30/201525,292960N/AN/AN/A
6/30/201524,493678N/AN/AN/A
3/31/201524,761478N/A2,144N/A
12/31/201425,336763N/AN/AN/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: FINPIPE's forecast earnings growth (20.6% per year) is above the savings rate (6.8%).

Earnings vs Market: FINPIPE's earnings (20.6% per year) are forecast to grow faster than the Indian market (16.2% per year).

High Growth Earnings: FINPIPE's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: FINPIPE's revenue (11.3% per year) is forecast to grow faster than the Indian market (10.6% per year).

High Growth Revenue: FINPIPE's revenue (11.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FINPIPE's Return on Equity is forecast to be low in 3 years time (9.7%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/22 10:27
End of Day Share Price 2025/10/21 00:00
Earnings2025/06/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Finolex Industries Limited is covered by 24 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Shobit SinghalAnand Rathi Shares and Stock Brokers Limited
Rishab BothraAnand Rathi Shares and Stock Brokers Limited
null nullAnand Rathi Shares and Stock Brokers Limited