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Finolex Industries Ltd share price logo

Finolex Industries Ltd

(FINPIPE)

₹258.31.02%

as on 04:01PM, 22 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Finolex Industries Ltd 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 ₹301.38

Source: S&P Global Market Intelligence

Finolex Industries Ltd Share analysis

Finolex Industries Ltd price forecast by 16 analysts

Upside of16.68%

High

₹375

Target

₹301.38

Low

₹212

Finolex Industries Ltd target price ₹301.38, a slight upside of 16.68% compared to current price of ₹258.3. According to 16 analysts rating.

Source: S&P Global Market Intelligence

Finolex Industries Ltd Performance

  • Day's Low

    Day's High

    ₹254.15
    ₹261
  • 52 Week's Low

    52 Week's High

    ₹198
    ₹355.9
1 Month Return-14.34 %
3 Month Return-10.3 %
1 Year Return+ 29.67 %
Previous Close₹255.70
Open₹255.25
Volume3.71L
Upper Circuit-
Lower Circuit-
Market Cap₹15,865.59Cr

Finolex Industries Ltd Key Statistics

P/E Ratio19.92
PEG Ratio3.58
Market Cap₹15,865.59 Cr
P/B Ratio2.75
EPS7.66
Dividend Yield1.01
SectorPlastic products
ROE8.79

Finolex Industries Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
HOLD₹15,865.59 Cr24.92%0.54₹473 Cr₹4,317 Cr
BUY₹16,785.09 Cr41.42%0.50₹651 Cr₹5,014 Cr
BUY₹34,232.34 Cr130.34%0.53₹580 Cr₹8,104 Cr
NA₹5,577.86 Cr170.46%0.65-₹51 Cr₹1,369 Cr
SELL₹34,079.48 Cr106.99%0.55₹783 Cr₹3,830 Cr

About Finolex Industries Ltd

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: ₹258.30 per share as on 22 Nov, 2024 04:01 PM
Market Capitalisation: ₹15,865.59Cr as of today
Revenue: ₹828.43Cr as on September 2024 (Q3 24)
Net Profit: ₹40.67Cr as on September 2024 (Q3 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

  • Saurabh Dhanorkar Reappointed as Finolex MD - 21 Nov, 2024

    Finolex Industries has appointed Saurabh Dhanorkar as Managing Director for two years starting November 21, 2024. The company reported a 58.5% decline in Q2 FY25 net profit, causing shares to drop 3.39%.

  • Finolex Industries Maintains HOLD Rating with Revised Target - 28 Oct, 2024

    Prabhudas Lilladher maintains a HOLD rating on Finolex Industries with a revised target price of Rs 302. The company reported a 10.2% YoY volume increase in a weak quarter, with guidance for 10-12% growth in FY25. Earnings estimates for FY25-27 have been downward revised by 10.4% to 4.5%.

  • Finolex Industries Reports Disappointing Q2 FY25 Results - 25 Oct, 2024

    Finolex Industries announced disappointing Q2 FY25 results, with significant declines in revenue and net profit. Shares fell over 4% following the news, reflecting investor concerns about the company's financial performance.

  • Finolex Industries Reports Significant Q2 FY25 Decline - 24 Oct, 2024

    Finolex Industries reported a 27.4% decline in Q2 FY25 revenue to ₹828.43 crore and a sharp 91.9% drop in net profit to ₹40.67 crore, reflecting significant financial challenges.

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

    MF Holding Up

    img

    Mutual Funds have increased holdings from 11.03% to 11.14% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 28.32% to 28.70% in Sep 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

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cera Sanitaryware Ltd has given 36.5% return, outperforming this stock by 14.3%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

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

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 500.73 Cr → 40.67 Cr (in ₹), with an average decrease of 91.9% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, FINPIPE stock has moved down by -14.3%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 1.61K Cr → 913.02 Cr (in ₹), with an average decrease of 43.4% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 6.89% to 6.40% in Sep 2024 quarter

Finolex Industries Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹883.15Cr (-)₹1,019.69Cr (↑15.46%)₹1,235.42Cr (↑21.16%)₹1,140.49Cr (↓7.68%)₹828.43Cr (↓27.36%)
Net Income₹97.96Cr (-)₹95.40Cr (↓2.61%)₹164.90Cr (↑72.85%)₹500.73Cr (↑203.66%)₹40.67Cr (↓91.88%)
Net Profit Margin11.09% (-)9.36% (↓15.60%)13.35% (↑42.63%)43.90% (↑228.84%)4.91% (↓88.82%)
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

S&P BSE 400 MidSmallCap

₹11,760.86

1.18 (137.44%)

Nifty MidSmallcap 400

₹19,196.45

1.09 (206.7%)

Nifty Smallcap 250

₹16,912.30

0.98 (164.45%)

BSE 500

₹35,009.77

1.89 (648.36%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

S&P BSE 250 SmallCap

₹6,797.77

0.93 (62.78%)

Nifty 500

₹22,225.55

1.85 (404.7%)

S&P BSE Indus.

₹14,501.81

1.82 (259.12%)

BSE Small-Cap

₹52,612.93

0.9 (471.78%)

Finolex Industries Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
52.47%
0.00
Foreign Institutions
6.4%
-7.10
Mutual Funds
11.14%
0.92
Retail Investors
28.7%
1.33
Others
1.29%
0.84

Finolex Industries Ltd Key Indicators

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

Finolex Industries Ltd Valuation

Finolex Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (7.71x)

June 20, 2022

Today (19.92x)

November 22, 2024

Industry (66.43x)

November 22, 2024

Highest (59.17x)

September 4, 2023

LowHigh

Finolex Industries Ltd Earnings and Dividends

  • Finolex Industries Ltd Earnings Results

    Finolex Industries Ltd’s net profit fell -58.48% since last year same period to ₹40.67Cr in the Q2 2024-2025. On a quarterly growth basis, Finolex Industries Ltd has generated -91.88% fall 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 1.55%.

    Read More about Dividends

Finolex Industries Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

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

FAQs on Finolex Industries Ltd

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Finolex Industries Ltd (FINPIPE) share price today is ₹258.3

Finolex Industries Ltd is listed on NSE

Finolex Industries Ltd is listed on BSE

  • Today’s highest price of Finolex Industries Ltd is ₹261.
  • Today’s lowest price of Finolex Industries Ltd is ₹254.15.

PE Ratio of Finolex Industries Ltd is 19.92

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 3.71L.

Today’s market capitalisation of Finolex Industries Ltd(FINPIPE) is ₹15865.59Cr.

Finolex Industries Ltd(FINPIPEPrice
52 Week High
₹355.9
52 Week Low
₹198

Finolex Industries Ltd(FINPIPE) share price is ₹258.3. It is down -27.42% from its 52 Week High price of ₹355.9

Finolex Industries Ltd(FINPIPE) share price is ₹258.3. It is up 30.45% from its 52 Week Low price of ₹198

Finolex Industries Ltd(FINPIPEReturns
1 Day Returns
2.6%
1 Month Returns
-14.34%
3 Month Returns
-10.3%
1 Year Returns
29.67%