Finolex Industries Ltd

500940

Overview

    • Sector

      Industrials

    • Industry

      Building Products & Equipment

    • Day Range

      179.05 – 187.35

    • Year Range

      166.75 – 355.70

    • Market Cap

      112.3167 Bil

    • Volume / Avg

      129.0 k / 111.5 k

    • Price / Sales

      2.70

    • Price / Book

      1.65

    • Price / Earnings

      14.03

    • Forward Div Yield

      1.38%

    • Trailing Div Yield

      1.38%

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Summary

Fair Value Assessment
Undervalued (20% Discount)
Fair ValueQ228.19UncertaintyHigh
Close Price181.65Mar 25, 2025
Market Closed
₹ 181.65
Price Down by 3.50 | 1.89 %
Trading Information Business Description
Previous Close
181.65
Day Range
179.05 – 187.35
Year Range
166.75 – 355.70
Bid / Ask
—
Market Cap
112.3 Bil
Volume / Average
129.0 k / 111.5 k
Beta (5-Year)
0.82
Shares Outstanding
618.31 Mil
Primary Exchange
Bombay Stock Exchange

Business Description
Finolex Industries Ltd manufactures rigid polyvinyl chloride pipes and resins, and fittings. Pipes and fittings are developed out of manufacturing plants strategically located in India. Finolex's products are designed to meet a range of specifications such as size, pressure classes, and diameters. Traditionally, market participants in agriculture, housing, telecom, construction, and other industries have constituted the largest portion of the company's customer base. In addition to the number of manufacturing plants across India, Finolex depends on a network of direct and indirect retail outlets across the country to deliver its services to numerous industries.
Contact
Baner-Pashan Link Road IndiQube -The Kode, 11th Floor, Pune, MH 411045
T +91 2027408200
www.finolexpipes.com opens in a new tab
Sector
Industrials
Industry
Building Products & Equipment
Most Recent Earnings
Dec 31, 2024
Fiscal Year End
Mar 31, 2025
Employees
1,510
As of Mar 31, 2024

Key Metrics

Income Statement (in Bil, except ratios)
12/31/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Revenue
41.62 42.74 43.61 46.11 34.38 29.58
Revenue Growth %
-0.60% -2.00% -5.41% 34.15% 16.28% -3.61%
Gross Profit
12.84 13.41 10.63 15.81 13.77 8.82
Gross Profit Margin %
30.85% 31.37% 24.37% 34.29% 40.05% 29.80%
Operating Income
4.09 4.74 2.37 9.44 9.13 4.00
Operating Margin %
9.84% 11.09% 5.42% 20.48% 26.55% 13.53%
EBIT
10.36 6.43 3.00 13.39 9.66 4.13
EBIT Margin %
24.88% 15.05% 6.87% 29.04% 28.10% 13.97%
EBITDA
11.42 7.59 3.89 14.22 10.44 4.87
EBITDA Margin %
27.44% 17.76% 8.92% 30.85% 30.36% 16.47%
Net Income
8.00 4.74 2.51 10.51 7.38 3.33
Net Profit Margin %
19.23% 11.08% 5.75% 22.80% 21.46% 11.25%
Basic EPS
12.95 7.66 4.04 16.94 11.89 5.36
Diluted EPS
12.95 7.66 4.04 16.94 11.89 5.36
Normalized EPS
6.24 6.24 2.92 12.56 11.54 6.48
Total Dividends per Share
2.50 1.50 4.00 4.00 — 4.00
Balance Sheet (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Total Assets
83.93 70.58 62.85 53.45 42.94 28.91
Total Liabilities
16.07 14.24 13.82 14.18 11.55 9.05
Total Debt
3.69 3.94 5.41 2.78 2.04 2.83
Total Equity
67.87 56.34 49.03 39.28 31.39 19.86
Cash And Cash Equivalents
0.15 0.02 0.09 0.24 0.31 0.57
Working Capital
21.41 20.99 17.56 18.47 10.52 5.33
Shares Outstanding (Bil)
0.62 0.62 0.62 0.62 — 0.62
Book Value Per Share
— 91.12 79.29 63.52 50.59 32.01
Total Debt To Equity
0.05 0.07 0.11 0.07 0.06 0.14
Cash Flow Statement (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Cash From Operating Activities
6.12 3.53 3.02 6.22 9.41 0.97
Cash From Investing Activities
-1.85 -0.83 -2.88 -4.40 -8.77 0.59
Cash From Financing Activities
-4.27 -2.77 -0.29 -1.90 -0.90 -1.05
Capital Expenditures
— 0.86 1.69 0.84 0.65 0.61
Free Cash Flow
— 3.19 0.27 5.99 7.25 2.93
Change in Cash
-0.01 -0.06 -0.15 -0.08 -0.26 0.51

Profile

Name (Age)
5-Year Trend
2021
2022
2023
2024
2025
Chandan Verma (—) Director and Deputy Chief Financial Officer — — — — — —
Saumya Chakrabarti (—) Director and Director, Technical — — — — — —
Ajit Venkataraman (—) Director and Managing Director — — — — — —
Total Compensation for all Key Executives — — — — — —
Transaction History

Shares in Thousands
0 5 10 15 20 25 30 35 40
>
No Data Available
There is no available information for this investment.
Sep
2023
    • Buy
    • Acquisition
    • Option Exercise
    • Disposition
    • Sell
Transaction Detail
No Data Available
There is no available information for this investment.

Ownership

Name
% Total
Shares Held
% Total
Assets
Trend
Prev. 8 Qtrs
Change Amount
Change %
Date
SBI Small Cap Fund Reg Gr 5.60 2.08 34,595,699
—
—
Feb 28, 2025
HSBC Small Cap Fund Reg Gr 0.97 0.77 5,984,579
—
—
Feb 28, 2025
Franklin India Smaller Comp Gr 0.82 0.77 5,096,450
—
—
Feb 28, 2025
Vanguard Total Intl Stock Index Inv 0.66 0.00 4,062,015
—
—
Feb 28, 2025
Vanguard Emerging Mkts Stock Idx Inv 0.62 0.01 3,858,464
—
—
Feb 28, 2025
Total (for Top 5) 8.67 53,597,207
—
More Ownership Data

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ADITYABIRLAAXISBajajBANDHANBARODABNPBOICANARADSPEDELWEISSFRANKLINTEMPLETONGROWWHDFCHELIOSHSBCICICIIIFLINVESCOITIJMKOTAKLICMahindraManulifeMIRAEMOTILALNAVINipponNJOldBridgePGIMPPFASQUANTQUANTUMSAMCOSBISHRIRAMSUNDARAMTATATAURUSTrustUNIONUTIWhiteOakZERODHA
INSURANCE FUNDS
ABSLAEGONAGEASFEDERALAVIVABAJAJALLIANZBHARTIAXACANARAHSBCORIENTBANKEDELWEISSTOKIOEXIDEFUTUREGENERALIHDFCICICIPRUDENTIALINDIAFIRSTKOTAKMAHINDRALICMAXLIFEPNBMETLIFEPRAMERICARELIANCENIPPONSAHARASBISHRIRAMSTARUNIONDAI-ICHITATAAIA

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