NSE: FINPIPE | BSE: 500940

Strong Performer, Under Radar

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191.96 -0.82 (-0.43%)

46.06% Fall from 52W High

374.2K NSE+BSE Volume

NSE 20 May, 2025 12:33 PM (IST)

11,910.7

Market Cap

High in industry

1.2

Beta 1Year

High Volatility

Board Meeting

The next board meeting for Finolex Industries Ltd. is on 23 May 2025 for the purpose of Audited Results & Final Dividend See details

Finolex Industries Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for FINPIPE, BSE:500940 Finolex Industries Ltd.

Finolex Industries Ltd.

03 Aug 2021

191.96

-0.43%

Finolex Industries: Q1FY22 Result Review

Hold: Finolex Industries Ltd.

Target

IDBI Capital

Sharp increase in realization aided net sales growth FIL's blended sales volume increased by 8% YoY to 106,068MT. Pipes volume grew by 5.5% YoY to 55,819MT, while PVC volume was up by 10.6% to 50,249MT. NSR further strengthened in both PVC and pipes segment by 92.7%/58.1% respectively over Q1FY21. Though raw material prices saw some softness in the beginning of Q1FY22, prices are again on uptrend and may touch a level of USD 1,300-1,400 by December, 2021. Pipes segment will remain subdued due to seasonal weakness in demand;...

Finolex Industries Ltd. is trading below its 100 day SMA of 194.4

Finolex Industries Ltd.

02 Aug 2021

191.96

-0.43%

Finolex Industries (HOLD): Higher PVC resin prices aid profitability

Hold: Finolex Industries Ltd.

Target

BOB Capital Markets Ltd.

Q1FY22 revenue growth robust at 72% YoY as PVC realisations surged 93% YoY

Finolex Industries Ltd. is trading above its 50 day SMA of 177.8

Finolex Industries Ltd.

29 Jun 2021

191.96

-0.43%

Finolex Industries Ltd | Q4FY21 Result Update

Buy: Finolex Industries Ltd.

Edelweiss

Robust performance aided by strong realisation improvement; in line with estimates

Finolex Industries Ltd. is trading below its 100 day SMA of 194.4

Finolex Industries Ltd.

29 Jun 2021

191.96

-0.43%

Finolex Industries: Q4FY21 Result Review

Hold: Finolex Industries Ltd.

IDBI Capital

Finolex Industries Ltd. (FIL) reported the best ever quarterly performance on all key parameters. Net sales increased by 23.9% YoY to Rs12.4bn, while EBITDA came in at Rs4.1bn, a robust growth of 57.8% over Q4FY20. The company reported net profit of Rs2.9bn compared to Rs587mn in Q4FY20. The management attributed Q4FY21 performance to higher sales volume and improved realisations. Amid pandemic, demand has shifted from unorganised to organised players. Though second wave of Covid-19 led lockdown has weighed on demand for agri-pipes in Q1FY22E, the management cited that demand may come back in Q2FY22E, if things normalise. Nonagri segment demand is healthy as real estate has picked up well key cities. We have...

Finolex Industries Ltd. has lost -26.90% in the last 6 Months

Finolex Industries Ltd.

28 Jun 2021

191.96

-0.43%

Finolex Industries (HOLD): Higher PVC prices boost profitability

Hold: Finolex Industries Ltd.

BOB Capital Markets Ltd.

FNXP reported strong Q4FY21 revenue growth of 63% YoY as PVC prices surged 68% YoY, driving up realisations

Finolex Industries Ltd. has lost -26.90% in the last 6 Months

Finolex Industries Ltd.

25 Feb 2021

191.96

-0.43%

Plastic Pipes Q3FY21 Review

Buy: Finolex Industries Ltd.

Edelweiss

Plastic Pipe Sector Review Q3FY21

Finolex Industries Ltd. has lost -35.38% in the last 1 Year

Finolex Industries Ltd.

03 Feb 2021

191.96

-0.43%

Finolex Industries Ltd. | Q3FY21 Result Update

Buy: Finolex Industries Ltd.

Target

Edelweiss

Finolex Industries' (FIL) Q3FY21 revenue/EBITDA/PAT grew 52.6%/152%/186% YoY (significantly higher than our as well as street estimates)

Finolex Industries Ltd. is trading above its 50 day SMA of 177.8

Finolex Industries Ltd.

03 Feb 2021

191.96

-0.43%

Finolex Industries: Q3FY21 Result Review

Buy: Finolex Industries Ltd.

IDBI Capital

Finolex Industries Ltd. (FIL) reported an all-round quarterly performance led by higher sales volume, improved realisation and sharp inventory gain. Net sales increased by 52.5% YoY to Rs10.6bn, while EBITDA came in at Rs3.4bn, a robust growth of 150.5% over Q3FY20. The company reported net profit of Rs2.5bn, up by 163.4% YoY. The management attributed a stellar quarterly performance to healthy demand and higher than anticipated improvement in net sales realisation (NSR). Also, sharp increase in PVC prices led to inventory gain in Q3FY21. The company remained confident to keep the growth momentum by increasing capacity in pipes and strengthening distribution...

Finolex Industries L.. has an average target of 237.67 from 3 brokers.

Finolex Industries Ltd.

02 Feb 2021

191.96

-0.43%

Finolex Industries (ADD): Higher PVC prices aid profitability

Accumulate: Finolex Industries Ltd.

Recommendation Target

BOB Capital Markets Ltd.

Finolex Industries' (FNXP) Q3FY21 revenue grew 53% YoY, aided by a 15% rise in PVC resin volumes while pipe volumes increased 5%.

Finolex Industries Ltd. has lost -35.38% in the last 1 Year

Finolex Industries Ltd.

29 Jan 2021

191.96

-0.43%

Finolex Industries Ltd

Sell: Finolex Industries Ltd.

Recommendation Target

CD Equisearch

V-shaped recovery in global PVC resin prices since May with corresponding surge in PVC/EDC delta (above long term average of $550600/mt) explains much of the rise in Finolex's PVC resin EBIT in Q2 - Rs 99.10 crs Vs Rs 45.13 crs in the same quarter a year ago.; though external sales (volumes) fo PVC resins rose by just 38.1% to 9665 tons. As indication of its barely subdued impact, Finolex's PVC resin realizations were at $920 / mt compared to $740/ton in Q1 while PVC/EDC delta stood at $653/mt compared to $547/mt in Q1. Supply constraints of PVC resins have...

Finolex Industries L.. has an average target of 237.67 from 3 brokers.

Is Finolex Industries Ltd. worth buying?

387 Votes:

Buy 79.59%

Sell 8.79%

Hold 11.63%

RESEARCH REPORTS

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