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Finolex Inds.

  • Market Cap: Mid Cap
  • Industry: Plastic Products
  • ISIN: INE183A01024
  • NSEID: FINPIPE
  • BSEID: 500940
INR
174.65
7.25 (4.33%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 3.41 lacs

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

170.05175.15

52 Week

144.05355.70
Valuation
Technical
Day's Volume

CASH

3.41 lacs (-44.99%) Volume

Shareholding (Dec 2024)

FII

6.64%

Held by 129 FIIs

DII

12.06%

Held by 28 DIIs

Promoter

52.47%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Operating profit has grown by an annual rate -0.72% of over the last 5 years

 
2

Negative results in Dec 24

3

Stock is technically in a Bearish range

4

Below par performance in long term as well as near term

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Plastic Products

stock-summary
Market cap

INR 10,837 Cr (Mid Cap)

stock-summary
P/E

22.00

stock-summary
Industry P/E

33

stock-summary
Dividend Yield

1.49%

stock-summary
Debt Equity

-0.27

stock-summary
Return on Equity

7.05%

stock-summary
Price to Book

1.53

Revenue and Profits (1 Year):
Net Sales:
1,001 Cr
(Quarterly Results - Dec 2024)
Net Profit:
94 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (1.49%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-41.62%
0%
-41.62%
1 Year
-32.32%
0.93%
-31.39%
2 Years
4.3%
2.30%
6.6%
3 Years
2.64%
4.29%
6.93%
4 Years
24.37%
5.22%
29.59%
5 Years
132.84%
9.99%
142.83%

Latest dividend: 2.5 per share ex-dividend date: Sep-11-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
5.72%
EBIT Growth (5y)
-0.72%
EBIT to Interest (avg)
43.05
Debt to EBITDA (avg)
0.60
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.97
Tax Ratio
23.70%
Dividend Payout Ratio
32.64%
Pledged Shares
0
Institutional Holding
18.70%
ROCE (avg)
20.90%
ROE (avg)
13.25%
Valuation key factors
Factor
Value
P/E Ratio
22
Industry P/E
33
Price to Book Value
1.53
EV to EBIT
21.29
EV to EBITDA
16.84
EV to Capital Employed
1.72
EV to Sales
2.04
PEG Ratio
21.76
Dividend Yield
1.49%
ROCE (Latest)
8.82%
ROE (Latest)
7.05%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 20 Schemes (11.02%)

FIIs

Held by 129 FIIs (6.64%)

Promoter with highest holding

Finolex Cables Ltd (32.39%)

Highest Public shareholder

Sbi Large & Midcap Fund (6.56%)

Individual Investors Holdings

22.62%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -1.81% vs -9.34% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -1.45% vs 19.94% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,001.24",
          "val2": "1,019.69",
          "chgp": "-1.81%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "83.43",
          "val2": "119.90",
          "chgp": "-30.42%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "10.01",
          "val2": "7.66",
          "chgp": "30.68%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "94.02",
          "val2": "95.40",
          "chgp": "-1.45%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "8.33%",
          "val2": "11.76%",
          "chgp": "-3.43%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -4.53% vs -3.22% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 153.83% vs 5,454.43% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,968.92",
          "val2": "2,062.32",
          "chgp": "-4.53%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "217.22",
          "val2": "255.45",
          "chgp": "-14.97%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "13.45",
          "val2": "21.48",
          "chgp": "-37.38%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "416.99",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "541.40",
          "val2": "213.29",
          "chgp": "153.83%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "11.03%",
          "val2": "12.39%",
          "chgp": "-1.36%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -3.63% vs -5.33% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 105.84% vs 270.22% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,970.16",
          "val2": "3,082.01",
          "chgp": "-3.63%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "300.65",
          "val2": "375.35",
          "chgp": "-19.90%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "23.46",
          "val2": "29.14",
          "chgp": "-19.49%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "416.99",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "635.42",
          "val2": "308.69",
          "chgp": "105.84%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "10.12%",
          "val2": "12.18%",
          "chgp": "-2.06%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -1.81% vs -5.39% in Mar 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 88.91% vs -76.15% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "4,317.43",
          "val2": "4,397.05",
          "chgp": "-1.81%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "584.85",
          "val2": "292.54",
          "chgp": "99.92%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "36.45",
          "val2": "27.23",
          "chgp": "33.86%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "473.59",
          "val2": "250.70",
          "chgp": "88.91%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "13.55%",
          "val2": "6.65%",
          "chgp": "6.90%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
1,001.24
1,019.69
-1.81%
Operating Profit (PBDIT) excl Other Income
83.43
119.90
-30.42%
Interest
10.01
7.66
30.68%
Exceptional Items
0.00
0.00
Consolidate Net Profit
94.02
95.40
-1.45%
Operating Profit Margin (Excl OI)
8.33%
11.76%
-3.43%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is -1.81% vs -9.34% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Dec 2024 is -1.45% vs 19.94% in Dec 2023

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
1,968.92
2,062.32
-4.53%
Operating Profit (PBDIT) excl Other Income
217.22
255.45
-14.97%
Interest
13.45
21.48
-37.38%
Exceptional Items
416.99
0.00
Consolidate Net Profit
541.40
213.29
153.83%
Operating Profit Margin (Excl OI)
11.03%
12.39%
-1.36%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -4.53% vs -3.22% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 153.83% vs 5,454.43% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
2,970.16
3,082.01
-3.63%
Operating Profit (PBDIT) excl Other Income
300.65
375.35
-19.90%
Interest
23.46
29.14
-19.49%
Exceptional Items
416.99
0.00
Consolidate Net Profit
635.42
308.69
105.84%
Operating Profit Margin (Excl OI)
10.12%
12.18%
-2.06%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -3.63% vs -5.33% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 105.84% vs 270.22% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
4,317.43
4,397.05
-1.81%
Operating Profit (PBDIT) excl Other Income
584.85
292.54
99.92%
Interest
36.45
27.23
33.86%
Exceptional Items
0.00
0.00
Consolidate Net Profit
473.59
250.70
88.91%
Operating Profit Margin (Excl OI)
13.55%
6.65%
6.90%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -1.81% vs -5.39% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 88.91% vs -76.15% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Finolex Industries Ltd stock-summary
stock-summary
Finolex Industries Ltd
Mid Cap
Plastic Products
Finolex Industries Ltd (formerly Finolex Pipes Ltd) was incorporated in 28 March 1981. The Company offer a wide range of PVC pipes and fittings suitable for applications in agriculture, plumbing and sanitation. With state-of-the-art manufacturing facilities in Maharashtra and Gujarat, it has a pipes and fittings production capacity of 4,00,000 metric tons per annum and a PVC resin manufacturing capacity of 2,72,000 MT per annum.
Company Coordinates stock-summary
Company Details
Gat No 399 Village Urse, Taluka Maval Pune Maharashtra : 410506
stock-summary
Tel: 91-02114-237251
stock-summary
http://www.finolex.com
stock-summary
investors@finolexind.com
Registrar Details
Karvy Computershare Pvt Ltd., Karvy Selenium, Tower-B Plot No 31 & 32, Survey No 116/22, 115/24, 115/25, Financial District, Nanakramguda, Serilingampally, Mandal Ranga Reddy Dist, Hyderabad
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