Finolex Industries Limited

NSEI:FINPIPE Stock Report

Market Cap: ₹107.0b

Finolex Industries Valuation

Is FINPIPE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of FINPIPE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: FINPIPE (₹173.02) is trading above our estimate of future cash flow value (₹60.92)

Significantly Below Future Cash Flow Value: FINPIPE is trading above our estimate of future cash flow value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for FINPIPE?

Key metric: As FINPIPE is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for FINPIPE. This is calculated by dividing FINPIPE's market cap by their current earnings.
What is FINPIPE's PE Ratio?
PE Ratio17.9x
Earnings₹5.99b
Market Cap₹106.98b

Price to Earnings Ratio vs Peers

How does FINPIPE's PE Ratio compare to its peers?

The above table shows the PE ratio for FINPIPE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average26.4x
532468 KAMA Holdings
8.9xn/a₹82.8b
GNFC Gujarat Narmada Valley Fertilizers & Chemicals
9.2xn/a₹74.0b
PCBL PCBL Chemical
57.7x39.68%₹114.2b
500165 Kansai Nerolac Paints
29.7x13.34%₹175.0b
FINPIPE Finolex Industries
17.9x5.55%₹107.0b

Price-To-Earnings vs Peers: FINPIPE is good value based on its Price-To-Earnings Ratio (17.9x) compared to the peer average (26.4x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does FINPIPE's PE Ratio compare vs other companies in the IN Chemicals Industry?

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
532967 Kiri Industries
0.5xn/aUS$274.39m
ZUARI Zuari Agro Chemicals
0.9xn/aUS$95.76m
IEML Indian Emulsifiers
3.4xn/aUS$5.84m
531257 Pratiksha Chemicals
2.2xn/aUS$1.13m
FINPIPE 17.9xIndustry Avg. 20.8xNo. of Companies49PE01632486480+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: FINPIPE is good value based on its Price-To-Earnings Ratio (17.9x) compared to the Indian Chemicals industry average (20.8x).

Price to Earnings Ratio vs Fair Ratio

What is FINPIPE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

FINPIPE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.9x
Fair PE Ratio21x

Price-To-Earnings vs Fair Ratio: FINPIPE is good value based on its Price-To-Earnings Ratio (17.9x) compared to the estimated Fair Price-To-Earnings Ratio (21x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst FINPIPE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹173.02
₹210.07
+21.41%
11.98%₹271.00₹179.00n/a14
Jun ’27₹177.97
₹210.07
+18.04%
11.98%₹271.00₹179.00n/a14
May ’27₹172.84
₹200.57
+16.04%
11.70%₹244.00₹168.00n/a14
Apr ’27₹159.05
₹206.87
+30.06%
13.66%₹264.00₹168.00n/a15
Mar ’27₹185.25
₹205.87
+11.13%
13.27%₹264.00₹168.00n/a15
Feb ’27₹174.99
₹223.44
+27.69%
13.56%₹283.00₹175.00n/a16
Jan ’27₹175.77
₹225.56
+28.33%
13.67%₹283.00₹175.00n/a16
Dec ’26₹176.31
₹226.19
+28.29%
13.26%₹283.00₹175.00n/a16
Nov ’26₹188.01
₹231.80
+23.29%
11.62%₹283.00₹180.00n/a15
Oct ’26₹199.40
₹231.00
+15.85%
11.63%₹283.00₹180.00n/a15
Sep ’26₹214.01
₹231.00
+7.94%
11.63%₹283.00₹180.00n/a15
Aug ’26₹200.72
₹242.20
+20.67%
12.67%₹291.00₹179.00n/a15
Jul ’26₹216.76
₹240.79
+11.08%
13.33%₹291.00₹179.00n/a14
Jun ’26₹218.16
₹239.00
+9.55%
13.27%₹291.00₹179.00₹177.9715
May ’26₹174.48
₹233.19
+33.65%
13.84%₹294.00₹162.00₹172.8416
Apr ’26₹177.68
₹249.40
+40.36%
14.47%₹350.00₹200.00₹159.0515
Mar ’26₹170.79
₹249.40
+46.03%
14.47%₹350.00₹200.00₹185.2515
Feb ’26₹203.33
₹304.07
+49.54%
13.14%₹375.00₹240.00₹174.9915
Jan ’26₹248.80
₹307.33
+23.53%
11.66%₹375.00₹260.00₹175.7715
Dec ’25₹268.45
₹301.38
+12.26%
13.83%₹375.00₹212.00₹176.3116
Nov ’25₹305.55
₹300.50
-1.65%
13.91%₹375.00₹212.00₹188.0116
Oct ’25₹278.30
₹314.00
+12.83%
14.30%₹381.00₹212.00₹199.4016
Sep ’25₹311.85
₹314.00
+0.69%
14.30%₹381.00₹212.00₹214.0116
Aug ’25₹314.20
₹311.81
-0.76%
15.46%₹381.00₹212.00₹200.7216
Jul ’25₹332.60
₹278.47
-16.28%
12.24%₹345.00₹212.00₹216.7615
Jun ’25₹311.55
₹269.47
-13.51%
11.84%₹320.00₹212.00₹218.1615
₹210.07
Fair Value
17.6% undervalued intrinsic discount
14
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/13 17:48
End of Day Share Price 2026/06/12 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

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 21 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Amit Srivastava360 ONE Capital Market Private Limited
Utkarsh NopanyAnand Rathi Shares and Stock Brokers Limited
null nullAnand Rathi Shares and Stock Brokers Limited