FINPIPE
Finolex Industries Limited (FINPIPE) Stock Analysis
Finolex Industries Limited is a major Indian manufacturer of PVC pipes and fittings for plumbing and agriculture. It sells Ashirvad-branded piping solutions through dealers nationwide. The company is a market leader in plastic piping. It is listed on Indian stock exchanges.
Industrials › Building Products & Equipment
₹154.80
+3.33% 1W | -21.10% 52W
Market Cap
9.6k CR
P/E Ratio
15.5
52W High
₹200.4
52W Low
₹147.5
Div. Yield
1.32%
Beta
0.7
50 DMA
₹156.7
200 DMA
₹169.4
Profit Margin
15.6%
Inst. Own.
15.6%
🚀 BREAKOUT
🚀 BREAKOUT
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,179 | 883 | 1,020 | 1,235 | 1,140 | 828 | 1,001 | 1,172 | 1,043 | 859 | 898 | 1,314 | 884 |
| Expenses | 1,027 | 780 | 900 | 1,026 | 934 | 818 | 918 | 1,001 | 950 | 729 | 775 | 982 | 777 |
| Operating Profit | 152 | 103 | 120 | 209 | 207 | 11 | 83 | 171 | 94 | 130 | 123 | 332 | 107 |
| OPM % | 13% | 12% | 12% | 17% | 18% | 1.3% | 8% | 15% | 9% | 15% | 14% | 25% | 12% |
| Other Income | 48 | 70 | 47 | 54 | 472 | 85 | 66 | 85 | 69 | 68 | 63 | 53 | 76 |
| Interest | 9 | 12 | 8 | 7 | 7 | 7 | 10 | 6 | 6 | 4 | 3 | 8 | 7 |
| Depreciation | 34 | 27 | 28 | 27 | 26 | 26 | 27 | 27 | 27 | 27 | 26 | 26 | 27 |
| Profit before tax | 157 | 133 | 132 | 229 | 646 | 62 | 112 | 223 | 131 | 166 | 157 | 351 | 148 |
| Tax % | 26% | 27% | 27% | 28% | 23% | 34% | 16% | 26% | 25% | 26% | 26% | 26% | 23% |
| Net Profit | 115 | 98 | 95 | 165 | 501 | 41 | 94 | 165 | 98 | 124 | 116 | 261 | 115 |
| EPS in Rs | 1.86 | 1.58 | 1.54 | 2.66 | 8.07 | 0.66 | 1.52 | 2.65 | 1.58 | 1.99 | 1.87 | 4.21 | 1.85 |
| Metric | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,482 | 2,602 | 2,738 | 3,091 | 2,985 | 3,462 | 4,647 | 4,397 | 4,317 | 4,142 | 4,113 | 3,954 |
| Expenses | 2,075 | 2,039 | 2,253 | 2,487 | 2,536 | 2,472 | 3,624 | 4,105 | 3,732 | 3,666 | 3,435 | 3,262 |
| Operating Profit | 407 | 563 | 484 | 604 | 448 | 990 | 1,023 | 293 | 585 | 476 | 679 | 692 |
| OPM % | 16% | 22% | 18% | 20% | 15% | 29% | 22% | 7% | 14% | 12% | 16% | 18% |
| Other Income | 71 | 32 | 40 | 26 | 55 | 87 | 457 | 145 | 218 | 703 | 254 | 260 |
| Interest | 45 | 15 | 10 | 12 | 11 | 7 | 14 | 27 | 36 | 30 | 21 | 22 |
| Depreciation | 51 | 55 | 61 | 70 | 74 | 78 | 83 | 89 | 116 | 107 | 107 | 108 |
| Profit before tax | 383 | 525 | 454 | 548 | 418 | 992 | 1,383 | 321 | 651 | 1,043 | 805 | 822 |
| Tax % | 33% | 32% | 33% | 33% | 20% | 26% | 24% | 22% | 27% | 23% | 26% | |
| Net Profit | 258 | 355 | 306 | 367 | 333 | 738 | 1,051 | 251 | 474 | 800 | 599 | 615 |
| EPS in Rs | 4.15 | 5.72 | 4.94 | 5.92 | 5.36 | 11.89 | 16.94 | 4.04 | 7.63 | 12.89 | 9.65 | 9.92 |
| Dividend Payout % | 48% | 40% | 41% | 34% | 37% | 34% | 24% | 37% | 33% | 28% | 28% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | -2.0% | 4.0% | 5.0% |
| Profit CAGR | 33.0% | -7.0% | 9.0% |
Shareholding Pattern
Promoters52.47%
FIIs5.93%
DIIs12.11%
Public29.13%
Promoters52.47%
FIIs5.87%
DIIs12.19%
Public29.11%
Promoters52.47%
FIIs5.86%
DIIs12.78%
Public28.53%
Promoters52.47%
FIIs5.85%
DIIs11.35%
Public29.97%
Promoters52.47%
FIIs5.78%
DIIs11.36%
Public30.04%
Promoters52.47%
FIIs5.51%
DIIs12.25%
Public29.39%
Promoters52.47%
FIIs6.41%
DIIs10.95%
Public29.82%
Promoters52.47%
FIIs6.48%
DIIs11.70%
Public28.99%
Promoters52.47%
FIIs5.86%
DIIs12.78%
Public28.53%
Promoters52.47%
FIIs5.78%
DIIs11.36%
Public30.04%
FINPIPE
Holdings Analysis
Key strengths & risk signals
62
Overall
66
Fundamental
58
Technical
Risks (4)
UNSTABLE! 3 revenue dips in history. Business growth is inconsistent.
POOR YEAR! Stock declined 20.5% in the last year.
WEAK POSITION! Current price (151.6) is below both moving averages.
WEAK! Trading at 7.8% of 52W range - near yearly lows.
Strengths (4)
UNDERVALUED! PEG of 0.45 indicates stock is cheap relative to growth.
BREAKOUT! Stock has broken above resistance levels with momentum.
LOW VOLATILITY! Beta of 0.70 - stable stock, less market risk.
BULLISH SENTIMENT! In last 30 days: 13 up days, 17 down days. Avg volume on up days: 391,044 vs down days: 347,676. Ratio: 1.12x
Fundamental & Technical Analysis
65Overall
66Fundamental
65Technical
Fundamental Breakdown
Growth Quality
17/30
Revenue CAGR: -2.4% (DECLINING, 2/15). Profit CAGR: 33.7% (EXCELLENT, 15/15).
Profit Margin
6/10
GOOD EFFICIENCY! 15.6% profit margin - above average profitability.
PEG Valuation
10/10
UNDERVALUED! PEG of 0.46 indicates stock is cheap relative to growth.
Dividend Yield
5/10
LOW DIVIDEND! 1.32% yield - minimal income contribution.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.00 - excellent financial health.
Public Holding
14/20
MODERATE PUBLIC HOLDING! 29.48% public ownership - balanced ownership structure.
Stability Index
4/10
UNSTABLE! 3 revenue dips in history. Business growth is inconsistent.
Technical Breakdown
Moving Averages
5/10
BEARISH TREND! 50-day average (156.7) is below 200-day average (169.4) - negative signal.
Price Position
2/10
WEAK POSITION! Current price (154.8) is below both moving averages.
Trend Pattern
20/20
BREAKOUT! Stock has broken above resistance levels with momentum.
52W Performance
1/10
POOR YEAR! Stock declined 21.1% in the last year.
Volume Sentiment
25/30
BULLISH SENTIMENT! In last 30 days: 14 up days, 16 down days. Avg volume on up days: 437,735 vs down days: 340,360. Ratio: 1.29x
RSI
3/5
NEUTRAL! RSI at 52.5 - balanced momentum.
52W Range
1/5
WEAK! Trading at 13.8% of 52W range - near yearly lows.
Momentum
3/5
MIXED MOMENTUM! Price growth is inconsistent - 3.3% (1 week), 2.3% (1 month), -6.0% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.70 - stable stock, less market risk.
FINPIPE
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q1FY272026-08-13 | Concall PDF | |
| Q4FY262026-06-03 | Concall PDF | |
| Q3FY262026-02-05 | Concall PDF | |
| Q2FY262025-11-14 | Concall PDF |
Peer Comparison
Industrials · Building Products & Equipment · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FINPIPE | ₹154.80 | 15.5 | 15.6% | -2.4% | 33.7% | -21.1% | 65 | BREAKOUT | +16.6% | -56.2% | -15.3% | -32.7% |
| CERA | ₹5,046.00 | 32.1 | 9.5% | 4.1% | -0.8% | -16.5% | 55 | BOUNCE FROM SUPPORT | -2.6% | -41.4% | +19.5% | -24.5% |
| KAJARIACER | ₹1,215.00 | 35.4 | 10.8% | 3.3% | 12.1% | -2.1% | 71 | APPROACHING SUPPORT | +55.5% | +8.8% | +20.4% | -3.3% |
| ELECTCAST | ₹76.30 | 40 | 2.1% | -6.7% | -20.0% | -19.3% | 53 | CONSOLIDATION | -45.8% | +201.9% | -8.5% | -4.5% |
| PRINCEPIPE | ₹276.60 | 30 | 3.9% | -1.5% | -15.5% | -19.9% | 58 | CONSOLIDATING DOWN | +602.1% | -39.9% | +5.0% | -28.3% |
| RAMCOIND | ₹293.30 | 7.8 | 17.4% | 7.1% | 35.2% | -10.4% | 63 | CONSOLIDATING DOWN | +32.0% | -1.1% | +15.5% | +22.3% |
| SOMANYCERA | ₹565.90 | 21.9 | 3.6% | 4.0% | 4.3% | +16.6% | 65 | HIT RESISTANCE | +241.3% | -6.1% | +23.7% | -8.3% |
| APOLLOPIPE | ₹528.80 | – | -0.8% | 6.5% | -32.1% | +60.8% | 51 | CONSOLIDATION | -206.2% | -960.0% | +7.4% | -14.9% |
Data from TradeAlone · Updated daily
No news tagged for FINPIPE yet.
