Finolex Industries Ltd.

NSE: FINPIPE | BSE: 500940 | ISIN: INE183A01024 | Industry: Plastic Products
| Mid-range Performer
210.9800 -0.51 (-0.24%)
NSE Sep 24, 2025 14:04 PM
Volume: 236.2K
 

210.98
-0.24%
IDBI Capital
Finolex Industries (FIL) Q1FY20 revenue was a beat, whereas EBITDA and PAT were below our estimates owing to lower PVC-EDC spread and inventory loss due to decline in PVC prices. Revenue was up 14% YoY to Rs9.4bn, whereas EBITDA/PAT declined 36.3%/29.8% YoY to Rs1.2bn/Rs725mn. PVC resin volume and PVC pipes and fittings volume witnessed growth of 14.7%/18.1% YoY to 78,512MT/91,655MT respectively. The company has maintained its volume growth guidance of 12%-15% in pipes and fittings segment for FY20E. FIL's backward integrated operations for resin manufacturing, healthy revenue mix of agri/non-agri pipe segment (70%/30%) and well...
Finolex Industries L.. has an average target of 233.33 from 3 brokers.
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