Finolex Industries Ltd share price logo

Finolex Industries Ltd (FINPIPE)

₹322.352.27%

bell
Get free price alerts. Set up your Free investment account to get Live Prices.
Overview
News
Financials
Q3 '23 Results
Technicals

Analyst Rating

based on 15 analysts

BUY

40.00%

Buy

53.33%

Hold

6.67%

Sell

Based on 15 analysts offering long term price targets for Finolex Industries Ltd. An average target of ₹281.07

Source: S&P Global Market Intelligence

Finolex Industries Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹307.5
    ₹325
  • 52 Week's Low

    52 Week's High

    ₹172.6
    ₹355.9
1 Month Return-4.89 %
3 Month Return+ 27.48 %
1 Year Return+ 75.4 %
Previous Close₹315.20
Open₹315.25
Volume10.78L
Upper Circuit-
Lower Circuit-
Market Cap₹19,557.43Cr

Key Statistics

P/E Ratio41.2
PEG Ratio11.35
Market Cap₹19,557.43 Cr
P/B Ratio2.19
EPS4.05

Mutual Fund Holdings

Funds HoldingsPrev. 6M
SBI Small Cap Fund Direct Plan GrowthSBI Small Cap Fund Direct Plan Growth3.65%
HSBC Small Cap Fund Fund Direct GrowthHSBC Small Cap Fund Fund Direct Growth1.31%
HDFC Small Cap Fund-Direct Growth OptionHDFC Small Cap Fund-Direct Growth Option0.63%
Franklin India Smaller Companies Fund Direct GrowthFranklin India Smaller Companies Fund Direct Growth1.18%
SBI Conservative Hybrid Fund Direct Plan GrowthSBI Conservative Hybrid Fund Direct Plan Growth0.81%

Company Information

Finolex Industries Ltd is an Indian company founded in 1958 by the Chhabria brothers, P.P. Chhabria and J.P. Chhabria. It is one of the leading manufacturers of electrical and telecommunication cables in India. The company is headquartered in Pune and operates across five main lines of business: electrical cables, PVC pipes, irrigation products, power and telecom cables, and switchgear and switchboard products. Its wide range of products includes power and control cables, instrumentation cables, telephone cables, PVC pipes, and irrigation products.

The company is known for its popular brands such as Finolex, Finolex Cables, Finolex Pipes, Finolex Agriculture, and Finolex Switchgear.

Share Price: ₹322.35 per share as on 15 Jul, 2024 04:01 PM
Market Capitalisation: ₹19,557.43Cr as of today
Revenue: ₹1,235.42Cr as on March 2024 (Q1 24)
Net Profit: ₹164.90Cr as on March 2024 (Q1 24)
Listing date: 03 Nov, 1994
Chairperson Name: Prakash P Chhabria
OrganisationFinolex Industries Ltd
HeadquartersPune
IndustryPlastic products
E-voting on sharesClick here to vote
Finolex Pipes Share Price
Finoglow Share Price

Key events for Finolex Industries Ltd

  • Finolex Industries Stock Up by 32% in Three Months - 29 Jun, 2024

    The stock price of Finolex Industries has increased significantly over the past three months. A recent study on its financial indicators, particularly ROE, suggests that the company is effectively growing its value and managing investors' money, indicating potential for earnings growth.

  • Finolex Industries' EPS Growth Slower Than Share Price Growth - 10 Jun, 2024

    Over the past five years, Finolex Industries has grown its earnings per share at 5.3% a year, slower than the share price growth of 28% per year. The company's favorable

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.

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, FINPIPE has outperformed top 5 stocks with highest market-cap in Construction Supplies & Fixtures

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 95.4 Cr → 164.9 Cr (in ₹), with an average increase of 42.2% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 28.78% to 29.82% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 953.36 Cr → 1.28K Cr (in ₹), with an average increase of 13.9% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cera Sanitaryware Ltd has given 101.8% return, outperforming this stock by 25.1%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 52.47% of holdings in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, FINPIPE stock has moved down by -4.9%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 11.36% to 10.03% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 6.45% to 6.41% in Mar 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹1,235.42Cr
↑21.16%
Net Income
₹164.90Cr
↑72.85%
Net Profit Margin
13.35%
↑42.63%
2023Y/Y Change
Revenue
₹4,397.05Cr
↓5.39%
Net Income
₹250.70Cr
↓76.15%
Net Profit Margin
5.70%
↓74.80%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹6,208.27Cr
↑17.44%
Total Liabilities
₹1,383.37Cr
↓2.77%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹301.69Cr
↓51.50%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
52.47%
0.00
Foreign Institutions
6.41%
0.00
Mutual Funds
10.03%
0.00
Retail Investors
29.82%
0.00
Others
1.27%
0.00

Key Indicators

Finolex Industries Ltd Valuation

Finolex Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (7.71x)

June 20, 2022

Today (41.20x)

July 12, 2024

Industry (95.38x)

July 12, 2024

Highest (59.17x)

September 4, 2023

LowHigh

Earnings and Dividends

  • Finolex Industries Ltd Earnings Results

    Finolex Industries Ltd’s net profit fell -0.96% since last year same period to ₹164.90Cr in the Q4 2023-2024. On a quarterly growth basis, Finolex Industries Ltd has generated 72.85% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Finolex Industries Ltd Dividends May,2023

    In the quarter ending March 2023, Finolex Industries Ltd has declared dividend of ₹1.50 - translating a dividend yield of 0.48%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Finolex Industries Ltd is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Finolex Industries Ltd shares.

Finolex Industries Ltd (FINPIPE) share price today is ₹322.35

Finolex Industries Ltd is listed on NSE

Finolex Industries Ltd is listed on BSE

  • Today’s highest price of Finolex Industries Ltd is ₹325.
  • Today’s lowest price of Finolex Industries Ltd is ₹307.5.

PE Ratio of Finolex Industries Ltd is 41.2

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 10.78L.

Today’s market capitalisation of Finolex Industries Ltd(FINPIPE) is ₹19557.43Cr.

Finolex Industries Ltd(FINPIPEPrice
52 Week High
₹355.9
52 Week Low
₹172.6

Finolex Industries Ltd(FINPIPE) share price is ₹322.35. It is down -9.43% from its 52 Week High price of ₹355.9

Finolex Industries Ltd(FINPIPE) share price is ₹322.35. It is up 86.76% from its 52 Week Low price of ₹172.6

Finolex Industries Ltd(FINPIPEReturns
1 Day Returns
7.15%
1 Month Returns
-4.89%
3 Month Returns
27.48%
1 Year Returns
75.4%