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FINPIPE Stock Chart & Stats
₹163.60
₹0.16(0.10%)
At close: 4:00 PM EDT
₹163.60
₹0.16(0.10%)
Day’s Range― - ―
52-Week Range₹147.40 - ₹223.00
Previous CloseN/A
Volume290.66K
Average Volume (3M)48.12K
Market Cap
₹100.42B
Enterprise Value₹104.28K
Total Cash (Recent Filing)₹24.93B
Total Debt (Recent Filing)₹4.46B
Price to Earnings (P/E)16.0
Beta0.97
Next Earnings
Oct 23, 2026EPS Estimate
2.2Next Dividend Ex-DateN/A
Dividend Yield1.24%
Share Statistics
EPS (TTM)9.70
Shares Outstanding620,476,900
10 Day Avg. Volume43,104
30 Day Avg. Volume48,120
Financial Highlights & Ratios
PEG Ratio-0.62
Price to Book (P/B)1.49
Price to Sales (P/S)2.25
P/FCF Ratio56.53
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)8.92
Revenue Forecast (FY)₹44.60B
Bulls Say, Bears Say
Bulls Say
Low Leverage & Growing Equity BaseFinolex’s consistently low debt-to-equity (roughly 0.04–0.11, ~0.07 in FY2026) and a steadily rising equity base (≈31.4B to ≈62.1B) underpin financial resilience. This conservative structure preserves borrowing capacity, reduces default risk, and supports long-term capital allocation and cyclical durability.
Solid Current MarginsReported FY2026 gross margin (~33%) and net margin (~14.6%) indicate the core PVC-pipe business retains meaningful pricing power or favorable product mix. Sustained margin levels provide a buffer against input-cost swings and support internal funding for maintenance capex and incremental investments over the medium term.
Positive Free Cash Flow CoverageDespite weaker operating cash flow, Finolex generated positive free cash flow (~1.64B in FY2026) that covered a substantial portion (~72%) of net income. This sustained FCF implies the business can fund a meaningful share of capex and returns to shareholders without full reliance on external financing.
Bears Say
Weak Operating Cash ConversionOperating cash flow has fallen sharply and equates to only ~20% of reported net income in FY2026, indicating earnings are not reliably converting to cash. Persistent weak cash conversion raises working-capital risk, can force external funding for operations, and constrains sustainable reinvestment and payout flexibility.
Volatile And Stagnant Revenue TrendRevenue has been uneven since the FY2022 peak, with declines through FY2025 and only a modest FY2026 rebound. This pattern reflects demand cyclicality in construction/agriculture end markets, reducing predictability of top-line growth, limiting operating-leverage benefits and complicating medium-term capacity and investment planning.
Declining Return On EquityROE has roughly halved from peak levels, signaling the company is generating less profit per unit of equity. This may reflect margin pressure, elevated capital intensity or slower profit growth versus equity accumulation, which can weaken long-term shareholder returns and question past capital allocation effectiveness.
Finolex Industries Limited News
FINPIPE FAQ
What was Finolex Industries Limited’s price range in the past 12 months?
Finolex Industries Limited lowest stock price was ₹147.40 and its highest was ₹223.00 in the past 12 months.
What is Finolex Industries Limited’s market cap?
Finolex Industries Limited’s market cap is ₹100.42B.
When is Finolex Industries Limited’s upcoming earnings report date?
Finolex Industries Limited’s upcoming earnings report date is Oct 23, 2026 which is in 69 days.
How were Finolex Industries Limited’s earnings last quarter?
Finolex Industries Limited released its earnings results on Aug 06, 2026. The company reported ₹1.875 earnings per share for the quarter, missing the consensus estimate of ₹2.2 by -₹0.325.
Is Finolex Industries Limited overvalued?
According to Wall Street analysts Finolex Industries Limited’s price is currently Overvalued.
Does Finolex Industries Limited pay dividends?
Finolex Industries Limited pays a Notavailable dividend of ₹3.6 which represents an annual dividend yield of 1.24%. See more information on Finolex Industries Limited dividends here
What is Finolex Industries Limited’s EPS estimate?
Finolex Industries Limited’s EPS estimate is 2.2.
How many shares outstanding does Finolex Industries Limited have?
Finolex Industries Limited has 620,476,900 shares outstanding.
What happened to Finolex Industries Limited’s price movement after its last earnings report?
Finolex Industries Limited reported an EPS of ₹1.875 in its last earnings report, missing expectations of ₹2.2. Following the earnings report the stock price went up 2.633%.
Which hedge fund is a major shareholder of Finolex Industries Limited?
Currently, no hedge funds are holding shares in IN:FINPIPE
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Finolex Industries Limited
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.
Technical Analysis
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