Finolex Industries Ltd
FINPIPEFinolex Industries Ltd
FINPIPE
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 22.16 | 3.38 | 0.81% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 51.18 | 7.12 | 0.46% |
Forecast & Ratings
Detailed Forecast from 15 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Finolex Industries Limited is a manufacturer of polyvinyl chloride (PVC) pipes & fittings and PVC resins. The Company offers its products across agricultural pipes & fittings and plumbing & sanitation pipes categories.
Peers
Compare with peersAstral Ltd
APL Apollo Tubes Ltd
Ratnamani Metals and Tubes Ltd
Jindal SAW Ltd
Electrosteel Castings Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 2,555.59 | 2,634.86 | 2,778.53 | 3,145.74 | 3,039.98 | 3,550.01 | 5,105.61 | 4,542.23 | 4,535.60 | 4,922.05 | ||||||||||
Raw Materials | 1,590.96 | 1,644.07 | 1,797.89 | 1,963.68 | 2,021.15 | 1,922.31 | 2,778.43 | 2,884.75 | 2,736.59 | 3,640.29 | ||||||||||
| Power & Fuel Cost | 87.17 | 70.69 | 88.24 | 114.35 | 107.99 | 97.85 | 181.83 | 305.18 | 284.82 | |||||||||||
| Employee Cost | 92.50 | 104.89 | 116.15 | 134.43 | 145.55 | 166.80 | 190.84 | 189.67 | 211.39 | |||||||||||
| Selling & Administrative Expenses | 93.57 | 101.66 | 82.26 | 115.30 | 101.29 | 103.24 | 130.92 | 171.83 | 192.14 | |||||||||||
| Operating & Other expenses | 213.28 | 117.98 | 169.32 | 187.16 | 161.09 | 182.76 | 343.03 | 553.08 | 307.64 | |||||||||||
EBITDA | 478.11 | 595.57 | 524.67 | 630.82 | 502.91 | 1,077.05 | 1,480.56 | 437.72 | 803.02 | 1,281.76 | ||||||||||
| Depreciation/Amortization | 50.57 | 55.05 | 60.60 | 70.08 | 73.81 | 77.72 | 83.40 | 89.20 | 116.02 | 107.71 | ||||||||||
| PBIT | 427.54 | 540.52 | 464.07 | 560.74 | 429.10 | 999.33 | 1,397.16 | 348.52 | 687.00 | 1,174.05 | ||||||||||
| Interest & Other Items | 44.71 | 15.38 | 9.82 | 12.27 | 11.28 | 7.27 | 14.09 | 27.23 | 36.45 | 34.08 | ||||||||||
| PBT | 382.83 | 525.14 | 454.25 | 548.47 | 417.82 | 992.06 | 1,383.07 | 321.29 | 650.55 | 1,139.97 | ||||||||||
| Taxes & Other Items | 125.06 | 170.29 | 147.91 | 181.22 | 85.17 | 254.27 | 331.72 | 70.59 | 176.96 | 280.98 | ||||||||||
| Net Income | 257.77 | 354.85 | 306.34 | 367.25 | 332.65 | 737.79 | 1,051.35 | 250.70 | 473.59 | 858.99 | ||||||||||
| EPS | 4.15 | 5.72 | 4.94 | 5.92 | 5.36 | 3.96 | 5.65 | 4.05 | 7.66 | 13.89 | ||||||||||
| DPS | 2.00 | 2.30 | 2.00 | 2.00 | 2.00 | 0.80 | 4.00 | 1.50 | 2.50 | 1.50 | ||||||||||
| Payout ratio | 0.48 | 0.40 | 0.41 | 0.34 | 0.37 | 0.20 | 0.71 | 0.37 | 0.33 | 0.11 |
Company Updates
Peers & Comparison
IndustrialsBuilding Products - Pipes
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Finolex Industries Ltd | 40.20 | 3.38 | 0.81% |
| Astral Ltd | 93.87 | 15.68 | 0.20% |
| APL Apollo Tubes Ltd | 53.99 | 10.97 | — |
| Ratnamani Metals and Tubes Ltd | 41.62 | 8.06 | 0.38% |
Price Comparison
Compare FINPIPE with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Increased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has increased by 1.01%
Top 5 Mutual Funds holding Finolex Industries Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
SBI Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 5.7315% | Percentage of the fund’s portfolio invested in the stock 3.26% | Change in the portfolio weight of the stock over the last 3 months -0.39% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 4/62 (-1) |
HDFC Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.0187% | Percentage of the fund’s portfolio invested in the stock 0.56% | Change in the portfolio weight of the stock over the last 3 months -0.07% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 60/91 (-29) |
Franklin India Smaller Companies Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.8553% | Percentage of the fund’s portfolio invested in the stock 1.10% | Change in the portfolio weight of the stock over the last 3 months -0.08% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 29/99 (-3) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
Dividend Yield
Current dividend yield is 0.83%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹8.29 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateSep 11, 2024
Dividend/Share
₹2.50
Ex DateEx Date
Sep 11, 2024
Cash Dividend
Ex DateEx DateAug 21, 2023
Dividend/Share
₹1.50
Ex DateEx Date
Aug 21, 2023
Cash Dividend
Ex DateEx DateAug 22, 2022
Dividend/Share
₹2.00
Ex DateEx Date
Aug 22, 2022
Cash Dividend
Ex DateEx DateAug 22, 2022
Dividend/Share
₹2.00
Ex DateEx Date
Aug 22, 2022
Cash Dividend
Ex DateEx DateSep 14, 2021
Dividend/Share
₹2.00
Ex DateEx Date
Sep 14, 2021
Finolex Industries announced that the 43th Annual General Meeting (AGM) of the company will be held on 18 September 2024.Powered by Capital Market - Live
Finolex Industries consolidated net profit rises 334.17% in the June 2024 quarter
Net profit of Finolex Industries rose 334.17% to Rs 500.73 crore in the quarter ended June 2024 as against Rs 115.33 crore during the previous quarter ended June 2023. Sales declined 3.28% to Rs 1140.49 crore in the quarter ended June 2024 as against Rs 1179.17 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales1140.491179.17 -3 OPM %18.1212.93 - PBDT255.40191.28 34 PBT229.32156.89 46 NP500.73115.33 334 Powered by Capital Market - Live
Q1 results today: ICICI Bank, Dr Reddy’s among 34 companies to announce earnings on Saturday
Finolex Industries Q4 Results Review - Healthy Volume Growth Supported Earnings: IDBI Capital
Building Materials Q3 Results Review - Weak In All Segments To Stay In The Near-Term: Systematix
Finolex Industries Q3 Review - Stretched Valuations Compel Us To Maintain A ‘Sell’ Rating: Yes Securities
Finolex Industries Q3 Review - Weak Result With Less Visibility Of Rebound In The Near-Term: Systematix
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 7.59%, vs industry avg of 13.98%
Decreasing Market Share
Over the last 5 years, market share decreased from 6.39% to 4.91%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 5.22%, vs industry avg of 21.77%