Finolex Industries Ltd Stock Price Today (NSE: FINPIPE)
Fundamental Score
Finolex Industries Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Finolex Industries Ltd share price today is ₹162.37, down 0.33% on NSE/BSE as of 31 July 2026. Finolex Industries Ltd (FINPIPE) is a Mid-cap company in the Plastic Products - Industrial sector with a market capitalisation of ₹10.33K (Cr). The 52-week high for FINPIPE share price is ₹222.50 and the 52-week low is ₹147.54. At a P/E ratio of 17.24x, FINPIPE is currently trading below its industry average P/E of 20.83x. The company has a Return on Equity (ROE) of 9.73% and a debt-to-equity ratio of 0.07.
Finolex Industries Ltd Share Price Chart — NSE/BSE Historical Performance
Finolex Industries Ltd share price chart: -7.65% return over the past month. 52-week high ₹222.50, 52-week low ₹147.54.
Finolex Industries Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹163.50 | ₹164.47 | ₹161.41 | ₹162.37 | 5.31L (Cr) | |
| ₹165.10 | ₹165.79 | ₹162.25 | ₹162.91 | 2.60L (Cr) | |
| ₹163.96 | ₹165.75 | ₹162.50 | ₹164.77 | 3.65L (Cr) | |
| ₹164.10 | ₹164.42 | ₹161.90 | ₹162.65 | 2.11L (Cr) | |
| ₹165.00 | ₹166.85 | ₹163.50 | ₹163.83 | 2.91L (Cr) | |
| ₹159.50 | ₹164.40 | ₹158.00 | ₹163.67 | 7.46L (Cr) | |
| ₹164.23 | ₹164.32 | ₹159.50 | ₹159.93 | 5.03L (Cr) | |
| ₹165.08 | ₹167.00 | ₹164.31 | ₹165.72 | 4.90L (Cr) | |
| ₹164.66 | ₹166.95 | ₹164.27 | ₹165.08 | 3.14L (Cr) | |
| ₹167.40 | ₹168.29 | ₹164.22 | ₹164.66 | 4.06L (Cr) |
Finolex Industries Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹176.75 | ₹179.69 | ₹158.00 | ₹162.37 | -8.14% | |
| ₹185.50 | ₹186.60 | ₹168.00 | ₹174.87 | -5.73% | |
| ₹172.84 | ₹200.40 | ₹160.17 | ₹186.22 | +7.74% | |
| ₹153.40 | ₹179.59 | ₹152.02 | ₹172.84 | +12.67% | |
| ₹173.70 | ₹192.40 | ₹147.54 | ₹149.95 | -13.67% | |
| ₹173.75 | ₹197.80 | ₹170.01 | ₹185.25 | +6.62% | |
| ₹175.00 | ₹185.10 | ₹168.44 | ₹176.43 | +0.82% | |
| ₹178.80 | ₹180.30 | ₹162.11 | ₹174.01 | -2.68% | |
| ₹188.10 | ₹194.50 | ₹177.22 | ₹178.73 | -4.98% | |
| ₹200.50 | ₹206.69 | ₹187.54 | ₹188.01 | -6.23% | |
| ₹211.54 | ₹222.50 | ₹198.96 | ₹200.10 | -5.41% | |
| ₹197.86 | ₹213.33 | ₹185.81 | ₹209.98 | +6.12% |
AI Research Briefing
Powered by Gemini · 2026-04-10
Finolex is fairly valued; execution on volume growth and margin management is critical to justify the current price.
WHAT'S HAPPENING NOW (last 2-4 weeks)
Finolex Industries reported its Q3 FY26 results on April 7, 2026. Revenue stood at , a 4.53% QoQ increase but a 10.35% YoY decline. Net profit was , reflecting a 6.05% QoQ decrease but a 23.46% YoY increase. The company had earlier announced the closure of its trading window from April 1, 2026, until 48 hours after the declaration of audited FY26 results.
CORE STORY (THE REAL GAME)
Finolex is a play on the Indian infrastructure and agriculture sectors, specifically through its PVC pipes and fittings business. The market narrative revolves around Finolex's ability to maintain margins amidst fluctuating raw material prices and its strategic shift towards a more balanced agri/non-agri sales mix.
- Improved profitability despite revenue decline
- Strong balance sheet with significant cash reserves
- Positive outlook for the Indian plastic industry
- Significant infrastructure project wins
- Sharp decline in raw material prices
- Successful diversification into new product segments
- Sluggish revenue growth due to monsoon and demand fluctuations
- Inability to achieve desired agri/non-agri sales mix
- Potential GST demand of ₹29.46 Cr
DII increased holdings by 0.75% while FII decreased holdings by 0.1%
The Indian plastic industry is expected to grow, driven by infrastructure development and consumer demand.
Yes - Free Cash Flow 5Y: ₹2469.29 Cr
Finolex's near-term performance hinges on demand recovery and raw material price stability. Long-term growth depends on successful diversification and expansion into new markets.
Primary Thesis Risk
Inability to pass on raw material price increases to customers will crush margins.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Finolex Industries Ltd Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Finolex Industries Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of FINPIPE across key market metrics for learning purposes.
Positive Indicators
6 factors identified
Robust Profit Growth (58.74%)
Observation: Strong year-over-year profit expansion demonstrates business momentum.
Analysis: Profit growth >20% indicates effective execution and market opportunity capture.
Conservative Debt Levels (D/E: 0.07)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Strong Interest Coverage (40.12x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk.
Strong Cash Generation (₹1726.07 Cr over 5Y)
Observation: Healthy free cash flow generation supports growth and returns.
Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.
Balanced Promoter Holding (52.47%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
4 factors identified
Below-Average Return on Equity (9.73%)
Observation: Returns on equity are below industry benchmarks.
Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.
Limited Growth History (3.51% CAGR)
Observation: Below-average 5-year sales growth trajectory.
Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.
Weak Earnings Growth (-4.09% CAGR)
Observation: Below-average 5-year EPS growth performance.
Analysis: Low EPS growth may not keep pace with inflation.
Stagnant Profit Growth (-4.09% CAGR)
Observation: Limited 5-year profit growth trajectory.
Analysis: Low profit growth may indicate scalability challenges or market maturity.
Finolex Industries Ltd vs Plastic Products - Industrial Peers
Peer Comparison - Plastic Products - Industrial
Compare Finolex Industries Ltd with 10 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
Finolex Industries LtdFinolex Industr...Selected✓ FINPIPE • 500940 | 50.5/100 | ₹162.37₹162 | ₹10329.08₹10329.08 | 17.24Average 17.2 Average | 9.73%Poor 9.73% Poor | 12.71%Average 12.71% Average | 0.07Excellent 0.1 Excellent | -4.09%Poor -4.09% Poor | 3.51%Average 3.51% Average | 1.20% |
Supreme Industries LtdSupreme Industr... SUPREMEIND • 509930 | 56.2/100 | ₹3465.40₹3465 | ₹43920.15₹43920.15 | 47.09Average 47.1 Average | 15.77%Good 15.77% Good | 20.73%Excellent 20.73% Excellent | 0.01Excellent 0.0 Excellent | -0.89%Poor -0.89% Poor | 12.04%Good 12.04% Good | 1.04% |
Astral LimitedAstral Limited... ASTRAL • 532830 | 57.8/100 | ₹1448.60₹1449 | ₹36555.26₹36555.26 | 66.31Average 66.3 Average | 14.36%Average 14.36% Average | 19.86%Good 19.86% Good | 0.06Excellent 0.1 Excellent | 6.57%Good 6.57% Good | 15.64%Excellent 15.64% Excellent | 0.28% |
Garware Hi Tech Films LtdGarware Hi Tech... GRWRHITECH • 500655 | 68.8/100 | ₹7151.50₹7152 | ₹16243.50₹16243.50 | 48.03Average 48.0 Average | 13.45%Average 13.45% Average | 18.02%Good 18.02% Good | 0.01Excellent 0.0 Excellent | 22.03%Excellent 22.03% Excellent | 16.47%Excellent 16.47% Excellent | 0.17% |
Shaily Engineering Plastics LtdShaily Engineer... SHAILY • 501423 | 66.3/100 | ₹3061.40₹3061 | ₹12389.50₹12389.50 | 76.80Average 76.8 Average | 28.16%Excellent 28.16% Excellent | 30.17%Excellent 30.17% Excellent | 0.27Excellent 0.3 Excellent | 48.94%Excellent 48.94% Excellent | 20.63%Excellent 20.63% Excellent | 0.07% |
Time Technoplast LtdTime Technoplas... TIMETECHNO • 532856 | 64/100 | ₹208.56₹209 | ₹9624.37₹9624.37 | 20.53Average 20.5 Average | 13.43%Average 13.43% Average | 16.71%Good 16.71% Good | 0.18Excellent 0.2 Excellent | 35.29%Excellent 35.29% Excellent | 15.23%Excellent 15.23% Excellent | 0.64% |
Kingfa Science & Technology Co, LtdKingfa Science ... KINGFA • 524019 | 66.6/100 | ₹5248.50₹5249 | ₹6915.29₹6915.29 | 37.33Average 37.3 Average | 17.41%Good 17.41% Good | 23.20%Excellent 23.20% Excellent | 0.01Excellent 0.0 Excellent | 103.41%Excellent 103.41% Excellent | 26.05%Excellent 26.05% Excellent | 0.00% |
Prince Pipes & Fittings LtdPrince Pipes & ... PRINCEPIPE • 542907 | 41.1/100 | ₹264.00₹264 | ₹2999.00₹2999.00 | 39.86Average 39.9 Average | 4.67%Poor 4.67% Poor | 6.12%Poor 6.12% Poor | 0.09Excellent 0.1 Excellent | -19.57%Poor -19.57% Poor | 4.64%Average 4.64% Average | 0.18% |
Apollo Pipes LtdApollo Pipes Lt... APOLLOPIPE • 531761 | 12.6/100 | ₹515.60₹516 | ₹2263.45₹2263.45 | — — | -0.88%Poor -0.88% Poor | 1.23%Poor 1.23% Poor | 0.15Excellent 0.1 Excellent | — — | — — | 0.14% |
Jai Corp LtdJai Corp Ltd... JAICORPLTD • 512237 | 53.3/100 | ₹101.64₹102 | ₹1909.13₹1909.13 | 11.18Average 11.2 Average | 12.83%Average 12.83% Average | 13.27%Average 13.27% Average | 0.00Excellent 0.0 Excellent | 43.43%Excellent 43.43% Excellent | 1.75%Average 1.75% Average | 0.46% |
R M DRIP & SPRINK SYS LTDR M DRIP & SPRI... RMDRIP • 544456 | 55.6/100 | ₹18.95₹19 | ₹843.62₹843.62 | 23.95Average 23.9 Average | 36.91%Excellent 36.91% Excellent | 37.91%Excellent 37.91% Excellent | 0.48Excellent 0.5 Excellent | 217.01%Excellent 217.01% Excellent | 61.07%Excellent 61.07% Excellent | 0.15% |
Top Plastic Products - Industrial Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- Supreme Industries Ltd share price43920.15 Cr
- Astral Limited share price36555.26 Cr
- Garware Hi Tech Films Ltd share price16243.50 Cr
- Shaily Engineering Plastics Ltd share price12389.50 Cr
- Time Technoplast Ltd share price9624.37 Cr
Finolex Industries Ltd PE Ratio History
Historical price-to-earnings ratio for FINPIPE — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2025 | ₹12.94 | ₹174.01 | 13.4x |
| FY 2024 | ₹7.66 | ₹251.55 | 32.8x |
| FY 2023 | ₹4.04 | ₹211.00 | 52.2x |
| FY 2022 | ₹16.94 | ₹187.30 | 11.1x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
Finolex Industries Ltd Dividend History
Annual cash dividends paid by FINPIPE — dividend yield 1.20%
| Financial Year | Dividends Paid (₹ Cr) |
|---|---|
| FY 2025 | ₹154.60 Cr |
| FY 2024 | ₹92.75 Cr |
| FY 2023 | ₹248.19 Cr |
| FY 2022 | ₹248.19 Cr |
Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.
Finolex Industries Ltd Quarterly Performance
Latest quarterly metrics for FINPIPE — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
12.12%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
58.74%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
3.51%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
-4.09%
Compounded annual net profit growth over 5 years
Finolex Industries Ltd Technical Indicators
SMA 50, SMA 200, RSI and volume signals for FINPIPE — calculated from daily price history
Momentum is balanced — neither overbought nor oversold.
Technical indicators are for educational purposes only. Not investment advice.
Finolex Industries Ltd Financial Statements
Annual income statement, balance sheet and cash flow for Finolex Industries Ltd (FINPIPE) — sourced from NSE/BSE filings.
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About FINPIPE (Finolex Industries Ltd)
Finolex Industries Ltd is a prominent Indian manufacturer specializing in PVC pipes and fittings, as well as PVC resin. It stands as one of the nation's largest producers, catering... to diverse sectors through its robust infrastructure and commitment to quality. The company's dedication extends to providing durable solutions for the construction, agriculture, and sanitation sectors, ensuring the effective and safe transportation of water and other fluids. Finolex operates with a focus on innovation and sustainability, constantly seeking to improve its products and processes to meet evolving industry standards and customer needs. The company strategically divides its operations into two key segments: PVC Resin and PVC Pipes and Fittings. This allows for a streamlined and focused approach to production, distribution, and customer service. The PVC Resin segment underscores Finolex's commitment to vertical integration, ensuring a reliable source of high-quality raw material for its pipe manufacturing operations. In contrast, the PVC Pipes and Fittings segment encompasses a comprehensive range of products designed to meet the specific requirements of various applications, solidifying Finolex's position as a versatile provider in the market. Finolex Industries’ extensive product portfolio caters to a diverse clientele with specific needs. Farmers benefit from their range of agricultural pipes and fittings, column pipes, and casing pipes, alongside essential accessories like solvent cement and lubricants. For residential and commercial projects, Finolex offers a range of plumbing and sanitation solutions including ASTM pipes and fittings, CPVC pipes and fittings, SWR pipes and fittings, and sewerage pipes. The availability of solvent cement, lubricants, and primers as part of this segment ensures that Finolex provides all the necessary components for comprehensive plumbing and drainage systems.
Company Details
Key Leadership
Corporate Events
FINPIPE Share Price: Frequently Asked Questions
What is the current share price of Finolex Industries Ltd?
Finolex Industries Ltd (FINPIPE) trades at ₹162.37 on NSE and BSE. Market cap ₹10.33K (Cr). Educational data only.
What is the P/E ratio of Finolex Industries Ltd?
Finolex Industries Ltd has a P/E of 17.24x vs industry average 20.83x.
What is the Bull Run score for Finolex Industries Ltd?
Finolex Industries Ltd has a Bull Run score of 50.5/100 based on 25+ financial parameters.
Does Finolex Industries Ltd pay dividends?
Finolex Industries Ltd has a dividend yield of 1.20%. Past dividends don't guarantee future payments.
What is the ROE of Finolex Industries Ltd?
Finolex Industries Ltd has ROE of 9.73%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Finolex Industries Ltd?
Finolex Industries Ltd has debt-to-equity of 0.07.
Is Finolex Industries Ltd a good investment?
Bull Run gives Finolex Industries Ltd a score of 50.5/100. This is not investment advice — consult a SEBI-registered advisor.