Finolex Industries Limited (FINPIPE) AI Stock Analysis

• Market Cap: ₹116.34B
• Dividend Yield: 1.33%
• Average Volume (3M): 49.57K
• Price to Earnings (P/E): 29.2
• Beta (1Y): 1.43
• Revenue Growth: -5.47%
• EPS Growth: -53.75%
• Country: IN
• Employees: 1,510
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Construction
• EPS (TTM): 1.60
• Shares Outstanding: 620,476,900
• 10 Day Avg. Volume: 42,464
• 30 Day Avg. Volume: 49,570
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹233.50
• Price Target Upside: 24.53% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 4

• Rating: 65 Neutral
• Price Target: ₹216.00 ▲(15.20% Upside)

Finolex Industries Limited shows strong financial performance with a stable balance sheet and solid profitability, which supports a positive outlook. However, technical analysis indicates weak short-term momentum, and valuation metrics suggest the stock is fairly valued. The absence of recent earnings call data or corporate events means these factors could not contribute to the analysis.

Finolex Industries Limited Business Overview & Revenue Model

Company Description

Finolex Industries Limited (FINPIPE) is one of India's leading manufacturers of PVC pipes and fittings, offering a wide range of products for agricultural, industrial, and construction sectors. Established in 1981, the company is part of the Finolex Group and is headquartered in Pune, India. Finolex Industries operates through its three manufacturing plants across the country, producing high-quality PVC resin, pipes, and fittings that serve both domestic and international markets.

How the Company Makes Money

Finolex Industries Limited generates revenue through the manufacture and sale of PVC pipes, fittings, and PVC resin. The company operates in two primary segments: PVC resin and PVC pipes and fittings. The PVC resin segment involves the production and sale of polyvinyl chloride resin, a key raw material for the production of PVC products. The PVC pipes and fittings segment includes a diverse range of products used in agriculture, construction, and housing. Finolex Industries benefits from a strong distribution network and brand recognition, enabling it to reach a broad customer base across India. The company also leverages strategic partnerships with retailers and distributors to enhance market penetration and sales.

Finolex Industries Limited Financial Statement Overview

Summary

Finolex Industries Limited demonstrates strong financial health, with a stable balance sheet and solid profitability metrics. While revenue growth faces challenges, the company maintains effective cost and debt management. Continued focus on improving revenue and cash flow growth will be vital for long-term success.

Income Statement

Finolex Industries Limited shows a strong gross profit margin and consistent EBIT margin, indicating efficient cost management and operational efficiency. Revenue growth has been volatile, with a decline in 2025 compared to previous years, which could impact future profitability. The net profit margin improved significantly in 2025, suggesting better net income management.

Balance Sheet

The company has a robust equity position with a high equity ratio, indicating financial stability and low leverage risk. The debt-to-equity ratio is low, reflecting prudent debt management. Return on equity is strong, highlighting effective utilization of equity to generate profits.

Cash Flow

Operating cash flow is consistently positive, supporting the company's ability to fund operations. However, free cash flow growth is moderate, which may limit aggressive expansion. The operating cash flow to net income ratio is healthy, suggesting good cash conversion efficiency.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2021	Mar 2022
Income Statement
Total Revenue	41.42B	42.74B	43.97B	34.38B	46.11B
Gross Profit	14.66B	14.99B	13.25B	13.77B	15.81B
EBITDA	4.76B	7.56B	3.99B	10.63B	10.28B
Net Income	8.00B	4.74B	2.51B	7.38B	10.51B
Balance Sheet
Total Assets	73.82B	70.58B	62.85B	42.94B	53.45B
Cash, Cash Equivalents and Short-Term Investments	22.69B	19.08B	18.37B	8.15B	16.03B
Total Debt	2.37B	3.94B	5.41B	2.04B	2.78B
Total Liabilities	12.85B	14.24B	13.82B	11.55B	14.18B
Stockholders Equity	60.97B	56.34B	49.03B	31.39B	39.28B
Cash Flow
Free Cash Flow	2.67B	2.67B	1.33B	8.76B	5.38B
Operating Cash Flow	3.83B	3.53B	3.02B	9.41B	6.22B
Investing Cash Flow	83.40M	-829.70M	-2.88B	-8.77B	-4.40B
Financing Cash Flow	-3.49B	-2.77B	-289.40M	-903.00M	-1.90B

Finolex Industries Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 187.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:FINPIPE, the sentiment is Negative. The current price of 187.5 is below the 20-day moving average (MA) of 200.64, below the 50-day MA of 209.58, and below the 200-day MA of 214.60, indicating a bearish trend. The MACD of -5.65 indicates Positive momentum. The RSI at 31.70 is Neutral, neither overbought nor oversold. The STOCH value of 18.93 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:FINPIPE.

Finolex Industries Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TIMETECHNO	76 Outperform	₹101.15B	25.05		0.45%	8.49%	20.83%
GSFC	70 Outperform	₹80.81B	12.58		1.97%	3.26%	19.19%
RALLIS	67 Neutral	₹73.91B	42.97		0.66%	7.10%	29.32%
PRIVISCL	66 Neutral	₹95.77B	44.02		0.20%	21.50%	78.82%
FINPIPE	65 Neutral	₹116.34B	29.18		1.33%	-5.47%	-53.75%
Sector *	61 Neutral	$10.09B	5.99	1.14%	3.01%	3.04%	-44.94%
GRAPHITE	57 Neutral	₹104.27B	29.05		2.06%	-14.81%	-66.60%

Finolex Industries Limited Corporate Events

Finolex Industries Releases Q1 FY 2025-26 Financial Results

Finolex Industries Limited has released an investor presentation detailing its unaudited financial results for the quarter ending June 30, 2025. This announcement, made in compliance with SEBI regulations, provides stakeholders with insights into the company’s financial performance and strategic positioning for the fiscal year 2025-26. The presentation is accessible on the company’s website, indicating a commitment to transparency and shareholder engagement.