Finolex Industries Ltd Analyst Rating
based on 16 analysts
18.75%
Buy
68.75%
Hold
12.50%
Sell
Based on 16 analysts offering long term price targets for Finolex Industries Ltd. An average target of ₹311.12
Source: S&P Global Market Intelligence
Finolex Industries Ltd Share analysis
Finolex Industries Ltd price forecast by 16 analysts
Downside of
High
₹381
Target
₹311.12
Low
₹212
Finolex Industries Ltd target price ₹311.12, a slight downside of -4.58% compared to current price of ₹322.05. According to 16 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Finolex Industries Ltd revenue growth forecast
Expected growth rate Q1, FY2026:27.33%
Forecast
Actual
Including amortisation and stock based compensations
Finolex Industries Ltd EPS growth forecast
EPS estimate Q1, FY2026:58.88%
Forecast
Actual
Source: S&P Global Market Intelligence
Finolex Industries Ltd Performance
Day's Low
Day's High
₹320₹334.352 Week's Low
52 Week's High
₹185.8₹355.9
| Returns % | |
| 1 Month Return | + 10.08 % |
| 3 Month Return | + 2.71 % |
| 1 Year Return | + 60.89 % |
| Market Stats | |
| Previous Close | ₹326.05 |
| Open | ₹330.00 |
| Volume | 21.27L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹20,230.65Cr |
Finolex Industries Ltd Key Statistics
| P/E Ratio | 23.47 |
| PEG Ratio | 2.44 |
| Market Cap | ₹20,230.65 Cr |
| P/B Ratio | 2.75 |
| EPS | 7.66 |
| Dividend Yield | 1.01 |
| Sector | Plastic products |
| ROE | 8.79 |
Finolex Industries Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹20,230.65 Cr | 32.88% | 0.54 | ₹473 Cr | ₹4,317 Cr | |
| BUY | ₹20,245.35 Cr | 50.15% | 0.50 | ₹651 Cr | ₹5,014 Cr | |
| BUY | ₹36,635.39 Cr | 132.44% | 0.53 | ₹580 Cr | ₹8,104 Cr | |
| NA | ₹5,981.61 Cr | 188.46% | 0.65 | -₹51 Cr | ₹1,369 Cr | |
| HOLD | ₹41,147.15 Cr | 165.45% | 0.55 | ₹783 Cr | ₹3,830 Cr |
About Finolex Industries Ltd
The company is known for its popular brands such as Finolex, Finolex Cables, Finolex Pipes, Finolex Agriculture, and Finolex Switchgear.
Share Price: ₹322.05 per share as on 21 Oct, 2024 04:01 PM
Market Capitalisation: ₹20,230.65Cr as of today
Revenue: ₹1,140.49Cr as on June 2024 (Q2 24)
Net Profit: ₹500.73Cr as on June 2024 (Q2 24)
Listing date: 03 Nov, 1994
Chairperson Name: Prakash P Chhabria
| Organisation | Finolex Industries Ltd |
| Headquarters | Pune |
| Industry | Plastic products |
| E-voting on shares | Click here to vote |
Key events for Finolex Industries Ltd
Finolex Industries Faces Board Composition Crisis - 24 Sep, 2024
Finolex Industries struggles with inadequate board strength as four independent directors failed to secure votes for reappointment. The managing director's resignation adds to the crisis. Five new independent directors were appointed but require member approval.
Finolex Industries Faces Board Restructuring Challenges - 21 Sep, 2024
Four independent directors of Finolex Industries failed to secure reappointment due to insufficient shareholder votes at the AGM. New directors were appointed, and managing director Ajit Venkataraman resigned. The Chhabria family, which holds a majority stake, is divided into factions, complicating governance.
Finolex Industries Maintains Growth Amid Duty Changes - 26 Aug, 2024
Finolex Industries expects minimal impact from the new anti-dumping duty on CPVC imports, maintaining a volume growth guidance of 10-15% for FY25. The company has seen a 30% share price increase over the past year.
Insights on Finolex Industries Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 4 quarters, 953.36 Cr → 1.61K Cr (in ₹), with an average increase of 16.0% per quarter
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, FINPIPE has outperformed top 5 stocks with highest market-cap in Construction Supplies & Fixtures
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 3 quarters, 95.4 Cr → 500.73 Cr (in ₹), with an average increase of 54.6% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 11.03% to 11.14% in Sep 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 7 days, FINPIPE stock has moved up by 3.2%
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 28.32% to 28.70% in Sep 2024 quarter
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, FINPIPE has outperformed top 5 stocks with highest market-cap in Construction Supplies & Fixtures
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 52.47% of holdings in Sep 2024 quarter
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 6.89% to 6.40% in Sep 2024 quarter
Finolex Industries Ltd Financials
Index Inclusions
Finolex Industries Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 52.47% | 0.00 | |
| Foreign Institutions | 6.4% | ||
| Mutual Funds | 11.14% | 0.92 | |
| Retail Investors | 28.7% | 1.33 | |
| Others | 1.29% | 0.84 |
Finolex Industries Ltd Key Indicators
Finolex Industries Ltd Valuation
Finolex Industries Ltd in the last 5 years
Lowest (7.71x)
June 20, 2022
Today (23.47x)
October 18, 2024
Industry (73.49x)
October 18, 2024
Highest (59.17x)
September 4, 2023
Finolex Industries Ltd Earnings and Dividends
Finolex Industries Ltd Earnings Results
Finolex Industries Ltd’s net profit jumped 334.17% since last year same period to ₹500.73Cr in the Q1 2024-2025. On a quarterly growth basis, Finolex Industries Ltd has generated 203.66% jump in its net profits since last 3-months.
Read More about Earnings ResultsFinolex Industries Ltd Dividends May,2024
In the quarter ending March 2024, Finolex Industries Ltd has declared dividend of ₹2.50 - translating a dividend yield of 1.24%.
Read More about Dividends
Finolex Industries Ltd Technicals Summary
Bearish
Neutral
Bullish
Finolex Industries Ltd is currently in a Bullish trading position according to technical analysis indicators.
FAQs on Finolex Industries Ltd
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Finolex Industries Ltd (FINPIPE) share price today is ₹322.05
Finolex Industries Ltd is listed on NSE
Finolex Industries Ltd is listed on BSE
- Today’s highest price of Finolex Industries Ltd is ₹334.3.
- Today’s lowest price of Finolex Industries Ltd is ₹320.
PE Ratio of Finolex Industries Ltd is 23.47
PE ratio = Finolex Industries Ltd Market price per share / Finolex Industries Ltd Earnings per share
Today’s traded volume of Finolex Industries Ltd(FINPIPE) is 21.27L.
Today’s market capitalisation of Finolex Industries Ltd(FINPIPE) is ₹20230.65Cr.
| Finolex Industries Ltd(FINPIPE | Price |
|---|---|
52 Week High | ₹355.9 |
52 Week Low | ₹185.8 |
Finolex Industries Ltd(FINPIPE) share price is ₹322.05. It is down -9.51% from its 52 Week High price of ₹355.9
Finolex Industries Ltd(FINPIPE) share price is ₹322.05. It is up 73.33% from its 52 Week Low price of ₹185.8
| Finolex Industries Ltd(FINPIPE | Returns |
|---|---|
1 Day Returns | -4% |
1 Month Returns | 10.08% |
3 Month Returns | 2.71% |
1 Year Returns | 60.89% |