Finolex Industries Ltd.

FINPIPE

₹211.6

-2.11% (-4.55)

Market Cap

₹13,129 Cr.

P/E

33.04

Key Ratios

Edit Ratio's

Market cap

13,129 Cr

33.04

Prom Holding

52.47 %

ROE (%)

13.12

ROCE (%)

9.61

Div Yield (%)

1.70

Sales

4,044 Cr

OPM (%)

8.87 %

Debt to Equity

0.04

Edit Ratio's

About

Finolex Industries Limited, formerly Finolex Pipes Ltd., specializes in manufacturing PVC pipe… Read more

Low

144

52W Range

High

334

Timeline

Key company specific updates

Company Timeline

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Custom financial statement

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Forensics

7 Yes

Positive for this company

2 Neutral

Neutral for this company

8 No

Negative for this company

0 No Data

Insufficient data to analyse

Accounting & Shareholding

Contingent Liabilities

Company does not have significant contingent liabilities
Pledge

Promoters have not pledged a significant portion of their holding
Depreciation Effect

Company is depreciating a greater percentage of assets. this is contributing to a reduction in net profit
Promoter Holding

Promoter has not sold any shares in the last 90 days
Retail Holding

Retail has been buying the stock which is usually a sign of exuberance
Other Income

Other income component is making ratios of the company look optically better
Revenue Recognition

Chances of aggressive revenue recognition - operating profit of company is not getting converted to cash and recievables rising faster than sales

Price & Performance

ROE

Asset turnover is responsible for roe increase over last 10 years
Working Capital

Working capital of the company seems to be under control
Current vs Historic Valuation

Company is trading at a discount to 3yr historic valuations
Debt

Company should not have issues servicing its debt
Balance Sheet Strength

Balance sheet of the company is strong. but it might have issues paying it suppliers
Capex vs ROCE

Roce of the company has decreased even without significant capex
Share price

Share price has increased over last 10 years but more due to rerating
Sales Growth

Sales of the company has grown at a slow pace
Margin Stability

Margins of the company are volatile
ROCE Strength

Roce of the company is not consistently strong

Market Share

20 %

(as of Mar 20)

Source/Historic

PVC Pipes - Market Share

18 %

(as of Mar 19)

Historic

PVC Resin - Capacity Market Share

2 %

(as of Mar 19)

Historic

Polymers - Capacity Market Share

Revenue mix

Product Wise Break-Up

Location Wise Break-Up

Verticals

Net Profit Break-Up

Asset Break-Up

Operational Metrics

Realization/Tonne - PVC Resins (Rs/MT)
Source
Quarterly Sales Volume - PVC Resin (Tonnes)
Source
Manufacturing Capacity- PVC Resins (MTPA)
Source
Capacity Utilization - PVC Resins (%)
Source
EBIT / Tonne - Plastic Pipes (Rs/Tonne)
Source
Manufacturing Capacity - Plastic Pipes (MTPA)
Source
Capacity Utilization - Plastic Pipes (%)
Source
Realization/Tonne - Plastic Pipes (Rs/MT)
Source
Quarterly Sales Volume - Plastic Pipes (Tonnes)
Source
EBIT / Tonne - PVC Resin (Rs/Tonne)
Source

Peer Comparison

Corporate Actions

Consolidated

DATE

DETAILS

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Suppliers

Exide Industries Ltd.
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20 Microns Ltd.
RCI Industries & Technologies Ltd.

FAQs on Finolex Industries Ltd. Business

What does Finolex Inds do?

Finolex Industries Limited specializes in manufacturing PVC pipes, fittings, and resin for agriculture, water supply, sewerage, and plumbing applications. They also trade in chemicals for other industries.

Who are the competitors of Finolex Inds?

Finolex Inds major competitors are Prince Pipes & Fitti, Apollo Pipes, Kriti Industries (I), Prakash Pipes, Kisan Mouldings, Captain Pipes, Texmo Pipes & Prod..
Market Cap of Finolex Inds is ₹13,412 Crs.
While the median market cap of its peers are ₹747 Crs.

Is Finolex Inds financially stable compared to its competitors?

Finolex Inds seems to be financially stable compared to its competitors.
The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.

View FAQ's On Shareprice

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Discussions & Analysis

Finolex Industries Ltd.

Corporate Governance Issues - Finolex Industries - ET Now

View the discussion on ValuePickr

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Finolex Industries Ltd.

Finolex Industries Ltd.

Key Ratios

About

Timeline

Company Timeline

Custom financial statement

Forensics

7 Yes

2 Neutral

8 No

0 No Data

Accounting & Shareholding

Contingent Liabilities

Pledge

Depreciation Effect

Promoter Holding

Retail Holding

Other Income

Revenue Recognition

Price & Performance

ROE

Working Capital

Current vs Historic Valuation

Debt

Balance Sheet Strength

Capex vs ROCE

Share price

Sales Growth

Margin Stability

ROCE Strength

Market Share

Revenue mix

Product Wise Break-Up

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Location Wise Break-Up

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Verticals

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Net Profit Break-Up

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Asset Break-Up

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Operational Metrics

Peer Comparison

Corporate Actions

Suppliers

FAQs on Finolex Industries Ltd. Business

What does Finolex Inds do?

Who are the competitors of Finolex Inds?

Is Finolex Inds financially stable compared to its competitors?

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