|
10 Oct 2025 |
Finolex Industries
|
Consensus Share Price Target
|
194.04 |
231.53 |
- |
19.32 |
buy
|
|
|
|
|
27 Oct 2022
|
Finolex Industries
|
ICICI Securities Limited
|
194.04
|
181.00
|
134.00
(44.81%)
|
Target met |
Buy
|
|
|
Finolex Industries (Finolex) has reported EBIDTA loss of ~Rs1.43bn due to steep fall in PVC prices (~23% decline QoQ) in Q2FY23.
|
|
25 Oct 2022
|
Finolex Industries
|
BOB Capital Markets Ltd.
|
194.04
|
130.00
|
134.00
(44.81%)
|
|
Hold
|
|
|
Q2 revenue decreased 13% YoY as realisations in PVC resin/PVC pipes & fittings dropped 29%/17%
|
|
26 Jul 2022
|
Finolex Industries
|
BOB Capital Markets Ltd.
|
194.04
|
140.00
|
132.15
(46.83%)
|
Target met |
Hold
|
|
|
Q1 revenue increased 23% YoY as volumes/realisations rose 29%/4% in PVC pipes & fittings and 25%/0.2% in PVC resin
|
|
26 Jul 2022
|
Finolex Industries
|
Edelweiss
|
194.04
|
211.00
|
131.35
(47.73%)
|
|
Buy
|
|
|
Inventory losses impacted a seasonally strong quarter
|
|
25 Jul 2022
|
Finolex Industries
|
IDBI Capital
|
194.04
|
195.00
|
131.90
(47.11%)
|
Target met |
Buy
|
|
|
|
|
20 May 2022
|
Finolex Industries
|
Edelweiss
|
194.04
|
225.00
|
150.70
(28.76%)
|
|
Buy
|
|
|
Record revenue while miss on profitability front
|
|
19 May 2022
|
Finolex Industries
|
BOB Capital Markets Ltd.
|
194.04
|
180.00
|
150.70
(28.76%)
|
Target met |
Buy
|
|
|
Q4 revenue increased 28% YoY as volumes/realisations rose 4%/9% in PVC pipes & fittings and 32%/8% in PVC resin
|
|
27 Jan 2022
|
Finolex Industries
|
BOB Capital Markets Ltd.
|
194.04
|
200.00
|
170.05
(14.11%)
|
|
Hold
|
|
|
Q3 revenue declined 6% YoY as volumes fell 15% in PVC pipes & fittings and 36% in PVC resin
|
|
27 Jan 2022
|
Finolex Industries
|
Edelweiss
|
194.04
|
258.00
|
179.80
(7.92%)
|
|
Buy
|
|
|
Weak results on volatile PVC prices
|
|
16 Dec 2021
|
Finolex Industries
|
CD Equisearch
|
194.04
|
180.00
|
208.35
(-6.87%)
|
Target met |
Sell
|
|
|
Record PVC/EDC delta at $790/ton (Vs $654 / ton in Q2FY21 Vs $830 / ton in Q1) last quarter pretty much explains the momentous rise in PVC resin EBIT to Rs 230.59 crs compared to just Rs 99.10 crs in the same quarter a year ago, as external sales of resin rose by a n astonishing 41.6% to 13684 tons. With spreads at record highs, PVC resin spreads...
|