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Finolex Industries Ltd share price logo

Finolex Industries Ltd

(FINPIPE)

₹307.92.09%

as on 04:01PM, 19 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 16 analysts

HOLD

18.75%

Buy

68.75%

Hold

12.50%

Sell

Based on 16 analysts offering long term price targets for Finolex Industries Ltd. An average target of ₹314

Source: S&P Global Market Intelligence

Finolex Industries Ltd Share analysis

Finolex Industries Ltd price forecast by 16 analysts

Upside of4.11%

High

₹381

Target

₹314.00

Low

₹212

Finolex Industries Ltd target price ₹314, a slight upside of 4.11% compared to current price of ₹307.9. According to 16 analysts rating.

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹297
    ₹309.5
  • 52 Week's Low

    52 Week's High

    ₹185.8
    ₹355.9
1 Month Return+ 2.2 %
3 Month Return-8.37 %
1 Year Return+ 32.92 %
Previous Close₹301.60
Open₹303.90
Volume6.97L
Upper Circuit-
Lower Circuit-
Market Cap₹18,713.58Cr

Key Statistics

P/E Ratio21.71
PEG Ratio2.26
Market Cap₹18,713.58 Cr
P/B Ratio2.75
EPS7.66
Dividend Yield1.01
SectorPlastic products
ROE8.79

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
HOLD₹18,713.58 Cr34.92%0.54₹473 Cr₹4,317 Cr
BUY₹21,471.15 Cr56.64%0.50₹651 Cr₹5,014 Cr
BUY₹40,619.02 Cr177.68%0.53₹580 Cr₹8,104 Cr
NA₹6,531.21 Cr212.21%0.65-₹51 Cr₹1,369 Cr
HOLD₹45,399.85 Cr181.42%0.55₹783 Cr₹3,830 Cr

Company Information

Finolex Industries Ltd is an Indian company founded in 1958 by the Chhabria brothers, P.P. Chhabria and J.P. Chhabria. It is one of the leading manufacturers of electrical and telecommunication cables in India. The company is headquartered in Pune and operates across five main lines of business: electrical cables, PVC pipes, irrigation products, power and telecom cables, and switchgear and switchboard products. Its wide range of products includes power and control cables, instrumentation cables, telephone cables, PVC pipes, and irrigation products.

The company is known for its popular brands such as Finolex, Finolex Cables, Finolex Pipes, Finolex Agriculture, and Finolex Switchgear.

Share Price: ₹307.90 per share as on 19 Sep, 2024 04:01 PM
Market Capitalisation: ₹18,713.58Cr as of today
Revenue: ₹1,140.49Cr as on June 2024 (Q2 24)
Net Profit: ₹500.73Cr as on June 2024 (Q2 24)
Listing date: 03 Nov, 1994
Chairperson Name: Prakash P Chhabria
OrganisationFinolex Industries Ltd
HeadquartersPune
IndustryPlastic products
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Finolex Pipes Share Price
Finoglow Share Price

Key events for Finolex Industries Ltd

  • Finolex Industries Maintains Growth Amid Duty Changes - 26 Aug, 2024

    Finolex Industries expects minimal impact from the new anti-dumping duty on CPVC imports, maintaining a volume growth guidance of 10-15% for FY25. The company has seen a 30% share price increase over the past year.

Insights on Finolex Industries Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 6.41% to 6.89% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, FINPIPE has outperformed top 5 stocks with highest market-cap in Construction Supplies & Fixtures

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 10.03% to 11.03% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 4 quarters, 953.36 Cr → 1.61K Cr (in ₹), with an average increase of 16.0% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 95.4 Cr → 500.73 Cr (in ₹), with an average increase of 54.6% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cera Sanitaryware Ltd has given 86.7% return, outperforming this stock by 25.4%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 52.47% of holdings in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 29.82% to 28.32% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, FINPIPE stock has moved down by -8.4%

Company Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹1,179.17Cr (-)₹883.15Cr (↓25.10%)₹1,019.69Cr (↑15.46%)₹1,235.42Cr (↑21.16%)₹1,140.49Cr (↓7.68%)
Net Income₹115.33Cr (-)₹97.96Cr (↓15.06%)₹95.40Cr (↓2.61%)₹164.90Cr (↑72.85%)₹500.73Cr (↑203.66%)
Net Profit Margin9.78% (-)11.09% (↑13.39%)9.36% (↓15.60%)13.35% (↑42.63%)43.90% (↑228.84%)
Value in ₹ crore
Details2021202220232024
Total Assets₹4,206.86Cr (-)₹5,286.55Cr (↑25.66%)₹6,208.28Cr (↑17.44%)₹6,951.71Cr (↑11.97%)
Total Liabilities₹1,133.98Cr (-)₹1,422.79Cr (↑25.47%)₹1,383.38Cr (↓2.77%)₹1,413.87Cr (↑2.20%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹106.31Cr (-)₹940.98Cr (↑785.13%)₹621.99Cr (↓33.90%)₹307.68Cr (↓50.53%)₹353.30Cr (↑14.83%)

Index Inclusions

Nifty Smallcap 250

₹18,270.40

-1.11 (-205.4%)

S&P BSE Indus.

₹15,520.96

-1.56 (-246.3%)

Nifty 500

₹23,853.95

-0.19 (-44.7%)

S&P BSE 250 SmallCap

₹7,399.09

-1.01 (-75.19%)

S&P BSE 400 MidSmallCap

₹12,769.65

-0.61 (-78.92%)

Nifty MidSmallcap 400

₹20,684.65

-0.73 (-152.4%)

BSE Small-Cap

₹56,312.66

-1.06 (-603.27%)

BSE 500

₹37,616.67

-0.14 (-51.62%)

S&P BSE AllCap

₹11,001.59

-0.22 (-24.68%)

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
52.47%
0.00
Foreign Institutions
6.89%
7.60
Mutual Funds
11.03%
10.03
Retail Investors
28.32%
-5.02
Others
1.28%
0.28

Key Indicators

Details20202021202220232024
Earning Per Share (₹)5.362.3816.944.057.66
Details20202021202220232024
Return On Equity %14.5429.1121.884.888.79
Details20202021202220232024
Return On Assets %11.8217.5419.894.046.81
Details20202021202220232024
Book Value Per Share (₹)32.0110.1263.379.2991.12

Finolex Industries Ltd Valuation

Finolex Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (7.71x)

June 20, 2022

Today (21.71x)

September 18, 2024

Industry (76.66x)

September 18, 2024

Highest (59.17x)

September 4, 2023

LowHigh

Earnings and Dividends

  • Finolex Industries Ltd Earnings Results

    Finolex Industries Ltd’s net profit jumped 334.17% since last year same period to ₹500.73Cr in the Q1 2024-2025. On a quarterly growth basis, Finolex Industries Ltd has generated 203.66% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Finolex Industries Ltd Dividends May,2024

    In the quarter ending March 2024, Finolex Industries Ltd has declared dividend of ₹2.50 - translating a dividend yield of 1.33%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Finolex Industries Ltd is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

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Finolex Industries Ltd (FINPIPE) share price today is ₹307.9

Finolex Industries Ltd is listed on NSE

Finolex Industries Ltd is listed on BSE

  • Today’s highest price of Finolex Industries Ltd is ₹309.5.
  • Today’s lowest price of Finolex Industries Ltd is ₹297.

PE Ratio of Finolex Industries Ltd is 21.71

PE ratio = Finolex Industries Ltd Market price per share / Finolex Industries Ltd Earnings per share

Today’s traded volume of Finolex Industries Ltd(FINPIPE) is 6.97L.

Today’s market capitalisation of Finolex Industries Ltd(FINPIPE) is ₹18713.58Cr.

Finolex Industries Ltd(FINPIPEPrice
52 Week High
₹355.9
52 Week Low
₹185.8

Finolex Industries Ltd(FINPIPE) share price is ₹307.9. It is down -13.49% from its 52 Week High price of ₹355.9

Finolex Industries Ltd(FINPIPE) share price is ₹307.9. It is up 65.72% from its 52 Week Low price of ₹185.8

Finolex Industries Ltd(FINPIPEReturns
1 Day Returns
6.3%
1 Month Returns
2.2%
3 Month Returns
-8.37%
1 Year Returns
32.92%