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Finolex Industries Ltd

FINPIPE

Finolex Industries Ltd

FINPIPE
IndustrialsBuilding Products - Pipes
SmallcapWith a market cap of ₹18,691 cr, stock is ranked 363
Moderate RiskStock is 2.97x as volatile as Nifty
302.300.35% (-1.05)
302.300.35% (-1.05)

Price Chart

High
Low
Returns
1D
1W
1M
1Y
5Y
Max
SIP
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1D
1W
1M
1Y
5Y
Max
SIP
IndustrialsBuilding Products - Pipes
SmallcapWith a market cap of ₹18,691 cr, stock is ranked 363
Moderate RiskStock is 2.97x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

IndustrialsBuilding Products - Pipes
SmallcapWith a market cap of ₹18,691 cr, stock is ranked 363
Moderate RiskStock is 2.97x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
23.313.320.83%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
49.076.870.55%

Forecast & Ratings

Detailed Forecast 
20%
Analysts have suggested that investors can buy this stock

from 15 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Finolex Industries Limited is a manufacturer of polyvinyl chloride (PVC) pipes & fittings and PVC resins. The Company offers its products across agricultural pipes & fittings and plumbing & sanitation pipes categories.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Lower than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 7.59%, vs industry avg of 13.98%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 6.39% to 4.91%

Lower than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 5.22%, vs industry avg of 21.77%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue2,555.592,634.862,778.533,145.743,039.983,550.015,105.614,542.234,535.604,881.71
Raw Materialssubtract1,590.961,644.071,797.891,963.682,021.151,922.312,778.432,884.752,736.593,677.98
Power & Fuel Costsubtract87.1770.6988.24114.35107.9997.85181.83305.18284.82
Employee Costsubtract92.50104.89116.15134.43145.55166.80190.84189.67211.39
Selling & Administrative Expensessubtract93.57101.6682.26115.30101.29103.24130.92171.83192.14
Operating & Other expensessubtract213.28117.98169.32187.16161.09182.76343.03553.08307.64
Depreciation/Amortizationsubtract50.5755.0560.6070.0873.8177.7283.4089.20116.02106.76
Interest & Other Itemssubtract44.7115.389.8212.2711.287.2714.0927.2336.4528.42
Taxes & Other Itemssubtract125.06170.29147.91181.2285.17254.27331.7270.59176.96266.85
EPS4.155.724.945.925.363.965.654.057.6612.97
DPS2.002.302.002.002.000.804.001.502.502.50
Payout ratio0.480.400.410.340.370.200.710.370.330.19

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2023

Annual report

PDF

Investor Presentation

May 22PDF
Feb 4PDF
Nov 18PDF
+6 more
FY 2024

Annual report

PDF

Investor Presentation

Jul 19PDF
 

Peers & Comparison

Comparing 3 stocks from 
IndustrialsBuilding Products - Pipes

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Finolex Industries Ltd39.473.320.83%
Astral Ltd86.1214.390.21%
APL Apollo Tubes Ltd57.3811.660.36%
Ratnamani Metals and Tubes Ltd41.618.060.38%

Price Comparison

Compare FINPIPE with any stock or ETF
Compare FINPIPE with any stock or ETF
FINPIPE
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding52.47%11.14%0.93%6.40%29.06%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep5.81%6.67%6.45%6.41%6.89%6.40%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Finolex Industries Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
SBI Small Cap Fund - Growth - Direct Plan

Growth
5.1407%2.82%-0.83%6/63 (-3)
HDFC Small Cap Fund - Growth - Direct Plan

Growth
0.9052%0.50%-0.13%33/92 (-2)
HSBC Small Cap Fund - Growth - Direct Plan

Growth
0.8727%0.96%-0.35%28/111 (-7)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.82%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹8.24 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateSep 11, 2024

Final
Final | Div/Share: ₹2.50

Dividend/Share

2.50

Ex DateEx Date

Sep 11, 2024

Cash Dividend

Ex DateEx DateAug 21, 2023

Final
Final | Div/Share: ₹1.50

Dividend/Share

1.50

Ex DateEx Date

Aug 21, 2023

Cash Dividend

Ex DateEx DateAug 22, 2022

Final
Final | Div/Share: ₹2.00

Dividend/Share

2.00

Ex DateEx Date

Aug 22, 2022

Cash Dividend

Ex DateEx DateAug 22, 2022

Special
Special | Div/Share: ₹2.00

Dividend/Share

2.00

Ex DateEx Date

Aug 22, 2022

Cash Dividend

Ex DateEx DateSep 14, 2021

Final
Final | Div/Share: ₹2.00

Dividend/Share

2.00

Ex DateEx Date

Sep 14, 2021

News & Opinions
Earnings
Finolex Industries consolidated net profit declines 58.48% in the September 2024 quarter

Net profit of Finolex Industries declined 58.48% to Rs 40.67 crore in the quarter ended September 2024 as against Rs 97.96 crore during the previous quarter ended September 2023. Sales declined 6.20% to Rs 828.43 crore in the quarter ended September 2024 as against Rs 883.15 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales828.43883.15 -6 OPM %1.2811.66 - PBDT88.36160.73 -45 PBT61.93133.35 -54 NP40.6797.96 -58 Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Finolex Industries to conduct board meeting

Finolex Industries will hold a meeting of the Board of Directors of the Company on 24 October 2024.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
Finolex Industries AGM scheduled

Finolex Industries announced that the 43th Annual General Meeting (AGM) of the company will be held on 18 September 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live

Finolex Industries consolidated net profit rises 334.17% in the June 2024 quarter

3 months agoBusiness Standard
Earnings
Finolex Industries consolidated net profit rises 334.17% in the June 2024 quarter

Net profit of Finolex Industries rose 334.17% to Rs 500.73 crore in the quarter ended June 2024 as against Rs 115.33 crore during the previous quarter ended June 2023. Sales declined 3.28% to Rs 1140.49 crore in the quarter ended June 2024 as against Rs 1179.17 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales1140.491179.17 -3 OPM %18.1212.93 - PBDT255.40191.28 34 PBT229.32156.89 46 NP500.73115.33 334 Powered by Capital Market - Live

3 months agoCapital Market - Live

Q1 results today: ICICI Bank, Dr Reddy’s among 34 companies to announce earnings on Saturday

3 months agoEconomic Times

Finolex Industries Q4 Results Review - Healthy Volume Growth Supported Earnings: IDBI Capital

5 months agoBloomberg Quint
Finolex Industries Q4 Results Decoded | कैसे रहे इस तिमाही के आंकड़ें? आज निवेश करें या नहीं?
5 months agoCNBC Awaaz.

Building Materials Q3 Results Review - Weak In All Segments To Stay In The Near-Term: Systematix

8 months agoBloomberg Quint

Finolex Industries Q3 Review - Stretched Valuations Compel Us To Maintain A ‘Sell’ Rating: Yes Securities

9 months agoBloomberg Quint