Finolex Industries Limited
FINPIPE · 500940 · Industrials · Plastic Products - Industrial
- Market cap
- Rs 8,784 Cr
- P/E
- 24.79x
- P/B
- 1.41x
- 52W high / low
- Rs 200.4 / Rs 139.08
P/E, P/B and ROE are inconsistent: ROE x P/E = 2.48 but P/B = 1.41 (> 25% apart); one input is likely on a different basis.
About Finolex Industries
Finolex Industries Limited is listed on the NSE under the symbol FINPIPE and on the BSE under scrip code 500940. It is classified in the Industrials sector, industry: Plastic Products - Industrial. It is a constituent of BSE 500. The company listed on 8 Feb 1995 and has a face value of Rs 2.
The latest available end-of-day price is Rs 142.06 (+0.58% on the day), for a market capitalisation of Rs 8,784 Cr. Trailing P/E is 24.79x and price-to-book is 1.41x. The 52-week range is Rs 139.08 to Rs 200.4. The latest price is 5% of the way from the 52-week low to the 52-week high.
Against the 11-company comparison set from the official BSE basic industry Plastic Products - Industrial, its market capitalisation is 1.0 times the peer median of Rs 8,408 Cr, and its P/E of 24.79x compares with a peer median of 28.09x. The comparison set is chosen mechanically from the exchange classification; it is not a ranking.
Latest annual results
For FY26 (year ended 31 Mar 2026), Finolex Industries Limited reported revenue of Rs 4,113 Cr and net profit of Rs 599 Cr, with a net margin of 14.56% and earnings per share of Rs 9.69 (consolidated statements).
Year-on-year change: revenue −1.45%; net profit −25.12%; EPS −25.12%. Three-year compound annual growth rate: revenue −1.45%; net profit +33.68%.
At the same date the balance sheet shows total assets of Rs 7,596 Cr, shareholders' equity of Rs 6,215 Cr, total debt of Rs 437 Cr, cash of Rs 31.4 Cr, a debt-to-equity ratio of 0.07 and operating cash flow of Rs 192 Cr.
On a trailing-twelve-month basis the filings add up to revenue of Rs 3,954 Cr, net income of Rs 615 Cr and a net margin of 15.56%.
Shareholding pattern
In the shareholding pattern for 30 Sept 2026, Finolex Industries Limited's ownership is split: promoters 52.47%; foreign institutional investors (FIIs) 5.77%; domestic institutional investors (DIIs) 11.36%; retail and other shareholders 30.05%.
Compared with the filing for 30 Jun 2026: promoter holding 0.00 percentage points; FII holding −0.08 percentage points; DII holding +0.01 percentage points.
The same filing lists reported promoter pledge of 0.00% and 2,43,708 shareholders on record.
Recent filings and corporate actions
62 BSE corporate announcements were filed by Finolex Industries Limited in the past twelve months; the most frequent category is "Company Update" (43). The most recent is "Intimation of Conference Call to discuss Q2FY27 Financial Results" (Company Update), filed on 28 Oct 2026.
The disclosed corporate-action timeline lists 8 entries: dividend (8). The latest is a dividend (Special Dividend - Rs. - 0.7500) with ex-date 11 Sept 2026.
Figures are raw disclosures from official NSE/BSE and SEBI filings plus mechanically computed ratios, restated in words. This is research data, not investment advice, a rating or a recommendation; DalalOS is not a SEBI-registered investment advisor.
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Peer comparison
Official BSE basic industry: Plastic Products - Industrial. Limited to companies within a 0.1x–10x market-cap band.
Edit columns
| Supreme Industries Limited | Rs 3,210 | Rs 40,783 Cr | Rs 12,324 Cr | Rs 1,130 Cr | 36.08x | 19.11% |
| Astral Limited | Rs 1,365.4 | Rs 36,729 Cr | Rs 6,836 Cr | Rs 576 Cr | 63.71x | 15.00% |
| Garware Hi-Tech Films Limited | Rs 7,017.5 | Rs 16,302 Cr | Rs 2,461 Cr | Rs 426 Cr | 38.26x | 16.95% |
| Kingfa Science & Technology (India) Limited | Rs 6,889 | Rs 9,336 Cr | Rs 2,244 Cr | Rs 226 Cr | 41.37x | 21.21% |
| Finolex Industries LimitedThis company | Rs 142.06 | Rs 8,784 Cr | Rs 4,176 Cr | Rs 615 Cr | 24.79x | 10.00% |
| Time Technoplast Limited | Rs 162.72 | Rs 8,032 Cr | Rs 6,455 Cr | Rs 498 Cr | 15.78x | 14.03% |
| Prince Pipes And Fittings Limited | Rs 259.3 | Rs 2,867 Cr | Rs 2,639 Cr | Rs 102 Cr | 28.09x | 6.34% |
| Apollo Pipes Limited | Rs 544.25 | Rs 2,397 Cr | Rs 1,135 Cr | Rs -14.6 Cr | — | -1.50% |
| Jain Irrigation Systems Limited | Rs 23.75 | Rs 1,743 Cr | Rs 6,384 Cr | Rs -69 Cr | — | -0.93% |
| Jai Corp Limited | Rs 88.92 | Rs 1,561 Cr | Rs 607 Cr | Rs 93.2 Cr | 16.68x | 6.43% |
| Premier Polyfilm Limited | Rs 95.8 | Rs 1,015 Cr | Rs 399 Cr | Rs 36.8 Cr | 27.22x | 27.73% |
| Median | Rs 401.78 | Rs 8,408 Cr | Rs 2,550 Cr | Rs 326 Cr | 28.09x | 14.52% |
Peers are selected mechanically from the official BSE industry hierarchy and current market-cap band. This is a comparison set, not a ranking or recommendation.
Companies related to Finolex Industries
Same official industry (Plastic Products - Industrial)
- Supreme Industries LimitedSUPREMEIND · Market cap Rs 40,783 Cr
- Astral LimitedASTRAL · Market cap Rs 36,729 Cr
- Garware Hi-Tech Films LimitedGRWRHITECH · Market cap Rs 16,302 Cr
- Kingfa Science & Technology (India) LimitedKINGFA · Market cap Rs 9,336 Cr
- Time Technoplast LimitedTIMETECHNO · Market cap Rs 8,032 Cr
- Prince Pipes And Fittings LimitedPRINCEPIPE · Market cap Rs 2,867 Cr
- Apollo Pipes LimitedAPOLLOPIPE · Market cap Rs 2,397 Cr
- Jain Irrigation Systems LimitedJISLJALEQS · Market cap Rs 1,743 Cr
Other Industrials companies of a similar market capitalisation
- Techno Electric & Engineering Company LimitedTECHNOE · Market cap Rs 9,886 Cr
- Elecon Engineering Company LimitedELECON · Market cap Rs 9,818 Cr
- Ircon International LimitedIRCON · Market cap Rs 9,488 Cr
- Transformers And Rectifiers (India) LimitedTARIL · Market cap Rs 9,480 Cr
- RITES LimitedRITES · Market cap Rs 9,363 Cr
- KEC International LimitedKEC · Market cap Rs 9,153 Cr
- TITAGARH RAIL SYSTEMS LIMITEDTITAGARH · Market cap Rs 8,952 Cr
- Jupiter Wagons LimitedJWL · Market cap Rs 8,253 Cr
Companies are grouped mechanically from the exchange classification and listed by market capitalisation. This is a comparison set, not a ranking or recommendation.