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Finolex Industries Limited (FINPIPE.NS)
INR166.56
+0.05 (+0.03%)
IN NSE Industrials Construction
Address
D-1/10, M.I.D.C 411019
Pune, IN
Pune, IN
CEO
Prakash Pralhad Chhabria
Website
finolexpipes.com
IPO
2002-07-01
ISIN INE183A01024
Also trades on
Bombay Stock Exchange · FINOLEXIND.BO (INR)
Bombay Stock Exchange · FINPIPE.BO (INR)
National Stock Exchange of India · FINPIPE.NS (INR)
Description
Finolex Industries Limited, an Indian enterprise, specializes in the production and sale of polyvinyl chloride (PVC) resins, as well as PVC pipes and their associated fittings. The company operates through two distinct divisions: PVC Resin manufacturing and PVC Pipes and Fittings fabrication. Its comprehensive product range includes piping solutions for agriculture, column applications, casing, and sewerage systems, alongside specialized offerings like ASTM plumbing, chlorinated PVC (CPVC), and SWR (Soil, Waste, and Rainwater) pipes and fittings. Additionally, Finolex provides essential related items such as solvent cements, lubricants, and primers. These products reach consumers through an extensive network of authorized dealers and various retail channels. Founded in 1956, Finolex Industries Limited has its main corporate office located in Pune, India.
Market Cap & Enterprise Value
Merger & Acquisition History
No mergers or acquisitions recorded for this company.
Technical Outlook
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Signal Summary
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| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
INR166.56
+0.05 (+0.03%)
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Volume Profile
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Liquidity & share structure
Average Volume
1M
Beta
0.58
Float Shares
255.95M
Free Float %
41.4%
Price Performance
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +7.74% | +12.38% | +9.45% | +3.61% | +6.21% | +10.30% | -14.60% | +7.31% | +10.62% | +149.16% | +12,781.21% |
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From
To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow
Revenue by geography
Revenue by segment
From
To
Revenue composition
From
To
By product
By geography
Financial Statements
Select metrics from the tables below to build your comparison.
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
Price Targets & DCF
Current price
166.56
DCF (Unlevered)
124.63
-25.2%
DCF (Levered)
84.72
-49.1%
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
Ratings Trend (MoM)
50% Bullish
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 3 | 0 |
| Buy | 4 | 0 |
| Hold | 6 | -1 |
| Sell | 0 | 0 |
| Strong Sell | 1 | 0 |
Quality scores
Altman Z-Score
6.56
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
4 / 5
High
P/E Score
3 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
-
Revenue growth Construction: +2.5%-0.7% Q1'26: +12.1% (vs Q1'25)
-
EPS growth Construction: +11.1%-25.1% Q1'26: +59.0% (vs Q1'25)
-
FCF margin FCF growth · Construction: +30.9%+0.1% Q1'26: -1.0% (vs Q1'25)
-
EBIT margin Construction: +8.5%+13.9% ★ Q1'26: +23.3% (vs Q1'25)
-
ROIC Construction: +6.4%+10.2% ★ Q1'26: +21.8% (vs Q1'25)
-
Share dilution Construction: +0.4%0.0% Q1'26: -0.2% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Construction: 0.05×0.66× ★ Q1'26: 0.34× (vs Q1'25)
Valuation Multiples
From
To
Price Forecast (3Y)
From
To
Theoretical Return — If Invested Today
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
Consensus Estimates
| Metric |
Mar 1996 actual |
Mar 2012 actual |
Mar 2013 actual |
Mar 2014 actual |
Mar 2015 actual |
Mar 2016 actual |
Mar 2017 actual |
Mar 2018 actual |
Mar 2019 actual |
Mar 2020 actual |
Mar 2021 actual |
Mar 2022 actual |
Mar 2023 actual |
Mar 2024 actual |
Mar 2025 actual |
Mar 2026 9 Rev. Ana. 9 EPS Ana. |
Mar 2027 10 Rev. Ana. 9 EPS Ana. |
Mar 2028 9 Rev. Ana. 9 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
4.54B
est.
|
21.00B
est: 21.66B (-3.1%)
|
21.45B
est: 21.43B (+0.1%)
|
24.76B
est: 24.31B (+1.9%)
|
24.76B
est: 22.27B (+11.2%)
|
24.82B
est: 24.13B (+2.9%)
|
26.02B
est: 25.87B (+0.6%)
|
27.38B
est: 30.52B (-10.3%)
|
30.91B
est: 29.92B (+3.3%)
|
29.85B
est: 31.66B (-5.7%)
|
34.62B
est: 32.78B (+5.6%)
|
46.47B
est: 42.43B (+9.5%)
|
43.97B
est: 45.35B (-3.0%)
|
43.17B
est: 42.79B (+0.9%)
|
41.42B
est: 42.59B (-2.8%)
|
41.18B
40.32B – 42.60B
-3.3% YoY
|
46.18B
43.67B – 49.43B
+12.2% YoY
|
51.61B
50.69B – 52.52B
+11.7% YoY
|
| EBITDA |
752.48M
est.
|
2.12B
est: 3.52B (-39.9%)
|
3.61B
est: 3.48B (+3.6%)
|
2.21B
est: 1.49B (+48.6%)
|
2.21B
est: 2.91B (-24.0%)
|
4.09B
est: 706.90M (+478.9%)
|
5.62B
est: 4.63B (+21.5%)
|
4.84B
est: 7.38B (-34.5%)
|
6.04B
est: 5.26B (+14.7%)
|
4.72B
est: 6.99B (-32.5%)
|
9.90B
est: 4.39B (+125.7%)
|
10.28B
est: 5.15B (+99.4%)
|
3.25B
est: 5.59B (-42.0%)
|
5.81B
est: 7.09B (-18.0%)
|
4.70B
est: 7.11B (-34.0%)
|
6.83B
6.68B – 7.06B
-4.0% YoY
|
7.66B
7.24B – 8.19B
+12.2% YoY
|
8.55B
8.40B – 8.71B
+11.7% YoY
|
| EBIT |
651.81M
est.
|
1.31B
est: 2.98B (-56.0%)
|
3.06B
est: 3.02B (+1.6%)
|
1.62B
est: 3.46B (-53.0%)
|
1.62B
est: 2.53B (-35.8%)
|
3.60B
est: 1.34B (+168.4%)
|
5.08B
est: 4.15B (+22.3%)
|
4.24B
est: 6.27B (-32.5%)
|
5.34B
est: 4.09B (+30.5%)
|
3.98B
est: 5.40B (-26.3%)
|
9.12B
est: 3.46B (+163.5%)
|
9.44B
est: 4.07B (+132.2%)
|
2.36B
est: 4.41B (-46.6%)
|
4.69B
est: 6.14B (-23.7%)
|
3.69B
est: 6.16B (-40.1%)
|
5.91B
5.79B – 6.12B
-4.0% YoY
|
6.63B
6.27B – 7.10B
+12.2% YoY
|
7.41B
7.28B – 7.54B
+11.7% YoY
|
| Net Income |
1.58B
est.
|
751.51M
est: 2.82B (-73.4%)
|
1.36B
est: 4.93B (-72.4%)
|
477.78M
est: 1.54B (-69.1%)
|
477.78M
est: 1.63B (-70.6%)
|
2.58B
est: 488.89M (+427.3%)
|
3.55B
est: 2.81B (+26.4%)
|
3.06B
est: 4.38B (-30.1%)
|
3.67B
est: 2.96B (+24.1%)
|
3.33B
est: 3.92B (-15.1%)
|
7.38B
est: 2.89B (+155.5%)
|
10.51B
est: 3.39B (+209.9%)
|
2.51B
est: 3.68B (-31.9%)
|
4.74B
est: 8.59B (-44.9%)
|
8.00B
est: 4.73B (+69.2%)
|
4.86B
4.81B – 5.41B
+2.7% YoY
|
5.45B
5.39B – 6.15B
+12.3% YoY
|
6.14B
5.93B – 7.30B
+12.7% YoY
|
| SGA |
260.42M
est.
|
804.67M
est: 2.83B (-71.6%)
|
1.33B
est: 1.21B (+10.7%)
|
1.56B
est: 1.79B (-13.0%)
|
1.56B
est: 1.55B (+0.4%)
|
1.26B
est: 756.93M (+65.9%)
|
1.47B
est: 2.32B (-36.7%)
|
1.56B
est: 2.95B (-46.9%)
|
2.03B
est: 2.59B (-21.8%)
|
1.96B
est: 3.22B (-39.1%)
|
2.15B
est: 2.77B (-22.2%)
|
2.64B
est: 3.25B (-18.9%)
|
2.87B
est: 3.53B (-18.5%)
|
2.11B
est: 2.45B (-13.9%)
|
2.22B
est: 2.46B (-9.7%)
|
2.36B
2.31B – 2.44B
-4.0% YoY
|
2.65B
2.51B – 2.84B
+12.2% YoY
|
2.96B
2.91B – 3.01B
+11.7% YoY
|
| EPS |
2.55
est.
|
1.21
est: 4.59 (-73.6%)
|
2.19
est: 8.02 (-72.7%)
|
0.77
est: 14.98 (-94.9%)
|
0.77
est: 1.38 (-44.4%)
|
4.15
est: 3.45 (+20.3%)
|
5.72
est: 5.52 (+3.5%)
|
4.94
est: 4.97 (-0.6%)
|
5.92
est: 5.97 (-0.9%)
|
5.36
est: 6.08 (-11.8%)
|
11.89
est: 9.51 (+25.1%)
|
16.94
est: 12.09 (+40.1%)
|
4.05
est: 3.80 (+6.5%)
|
7.66
est: 13.90 (-44.9%)
|
12.94
est: 7.57 (+71.0%)
|
8.09
7.78 – 8.74
+6.9% YoY
|
9.11
8.71 – 9.94
+12.6% YoY
|
10.48
9.59 – 11.80
+15.0% YoY
|
Historical Ratings (3M)
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-27 | A | 4/5 | 4/5 | 4/5 | 5/5 | 4/5 | 3/5 | 3/5 |
| 2026-05-26 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-25 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-22 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-21 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-20 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-19 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-18 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-15 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-14 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-13 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-12 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-11 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-08 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-07 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-06 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-05 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-04 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-30 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-29 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-28 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-27 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-24 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-23 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-22 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-21 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-20 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-17 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-16 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
Owner Earnings
Owner's Earnings (history)
From
To
Owner alignment
Owner's Earnings TTM
-534.97M
OE per share TTM
-0.87
Owner's Yield
-0.45%
Maintenance CapEx ratio
14.17%
Maint CapEx / Avg PPE
26.1%
Ownership Overview
Ownership breakdown
Ownership breakdown not available.
At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional ownership trend
Institutional history not available.
Top institutional holders
Top holders not available.
ETF Ownership
Top ETFs holding this stock
This company is not held by any ETF in our universe.
Insider Activity
Insider Activity — Latest Quarter
No insider activity available.
Insider buys vs sells (history)
Insider history not available.
Recent insider transactions
No recent insider transactions.
Executive team
Top executives
EBIT / Employee
3.79M
Shares Outstanding
618.31M
Executive compensation
Executive compensation (annual)
Executive compensation not available.
CEO compensation breakdown
No CEO compensation history available.
Proxy statements
Proxy statements (DEF 14A)
No proxy statements available for this company yet.
Recent SEC filings
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Prakash Pralhad Chhabria | Executive Chairman | 110M | male |
| Dakshinamurthy V. Iyer | Company Secretary, Head Legal & Compliance Officer | 6M | male |
| Chandan Verma | Chief Financial Officer | 4M | male |
| Shirish Panke | Head of Human Resources | — | male |
| Shreedatta Albur | President of Operations of PVC DIVISION | — | male |
| Swad Deshpande | President of Supply Chain Management | — | male |
| Arun H. Sonawane | President of Operation Pipes & Fittings | — | male |
| Udipt Agarwal | MD & Whole-time Director | — | male |
| Rajeev Ranjan Singh | Head of Operations at Pipes division | — | male |
| Rambabu Sanka | President of Technical & Whole-time Director | — | male |
ESG Score History
No data available for this company.
Senate Trading Activity
No Senate trading activity found for this company.
House Trading Activity
No House trading activity found for this company.
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for FINPIPE.NS
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
