Finolex Industries Ltd.

NSE: FINPIPE | BSE: 500940 | ISIN: INE183A01024 | Industry: Plastic Products
| Mid-range Performer
189.3900 0.41 (0.22%)
NSE Aug 11, 2025 15:31 PM
Volume: 408.9K
 

189.39
0.22%
ICICI Securities Limited
Finolex Industries (FNXP) has reported a tepid Q2FY24 pipe volume growth of 6.2% YoY (-31.7% QoQ, 4-year CAGR of 7.0%) on a low base due to lukewarm demand from agriculture segment (60% volume mix in Q2). Consolidated EBIDTA margin contracted 127bps QoQ to 11.7% (vs EBITDA loss of ~INR 1.4bn YoY) due to lower profitability in pipes segment (EBIT/kg down 21.7% QoQ to INR 10.7).
Finolex Industries Ltd. has lost -34.84% in the last 1 Year
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