Finolex Industries Limited

NSEI:FINPIPE Stock Report

Market Cap: ₹154.5b

Finolex Industries Balance Sheet Health

Financial Health criteria checks 5/6

Finolex Industries has a total shareholder equity of ₹56.1B and total debt of ₹6.0B, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are ₹71.2B and ₹15.1B respectively. Finolex Industries's EBIT is ₹5.1B making its interest coverage ratio -41.6. It has cash and short-term investments of ₹18.2B.

Key information

10.8%

Debt to equity ratio

₹6.05b

Debt

Interest coverage ratio-41.6x
Cash₹18.18b
Equity₹56.10b
Total liabilities₹15.07b
Total assets₹71.17b

Recent financial health updates

Recent updates

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?

Key Things To Consider Before Buying Finolex Industries Limited (NSE:FINPIPE) For Its Dividend

Oct 19
Key Things To Consider Before Buying Finolex Industries Limited (NSE:FINPIPE) For Its Dividend

Financial Position Analysis

Short Term Liabilities: FINPIPE's short term assets (₹29.7B) exceed its short term liabilities (₹11.7B).

Long Term Liabilities: FINPIPE's short term assets (₹29.7B) exceed its long term liabilities (₹3.4B).


Debt to Equity History and Analysis

Debt Level: FINPIPE has more cash than its total debt.

Reducing Debt: FINPIPE's debt to equity ratio has increased from 3.5% to 10.8% over the past 5 years.

Debt Coverage: FINPIPE's debt is well covered by operating cash flow (51.1%).

Interest Coverage: FINPIPE earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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