Finolex Industries Ltd.

BSE: FINPIPE500940ISIN INE183A01024

Industrials
Plastic Products - Industrial
BSE 500

Share price

₹143.95+5.95 (+4.31%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹200.25
52W low: ₹137.00
Off 52W high: -28.11%
1M return: -3.71%
3M return: -13.85%
6M return: -18.53%
1Y return: -23.65%
20D avg volume: 47,907
50 DMA: ₹152.02
200 DMA: ₹167.53

Key ratios Consolidated

Market cap: ₹8,932 Cr
Current price: ₹143.95
52W high / low: ₹200.25 / ₹137.00
Face value: ₹2.00
P/E: 14.72
P/B: 1.18
EPS (TTM): ₹9.78
Book value / share: ₹122.17
ROE: —
ROCE: 12.10%
Operating margin: —
Net margin: —
Debt / equity: 0.07
Net debt: ₹405.92 Cr
Interest cover: 38.07
Dividend yield: 1.91%
Dividend / share (TTM): ₹2.75
Payout: 28.12%
Cash conversion cycle: 90.6 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	1,094	883.58	1,314	897.66	858.74	1,043	1,172	1,001	828.43	1,140	1,235	1,020
	55.33	75.33	36.44	52.49	57.75	64.68	64.57	48.42	82.62	54.90	43.79	35.12
	1,149	958.91	1,350	950.15	916.49	1,108	1,236	1,050	911.05	1,195	1,279	1,055
	1,001	811.35	1,016	804.09	760.31	981.68	1,034	955.13	851.09	966.57	1,060	935.02
	689.15	427.58	631.77	678.01	659.08	629.12	727.19	734.94	564.52	595.30	674.35	740.26
	18.30	14.84	46.04	4.93	5.00	5.55	6.01	5.36	5.19	12.06	14.62	6.96
	47.17	55.12	61.97	70.27	52.01	58.35	51.25	57.00	56.45	57.58	56.67	52.57
	3.34	6.87	7.75	3.02	4.30	5.51	6.18	10.01	6.80	6.65	7.31	7.66
	28.23	27.47	26.21	26.49	27.44	26.61	26.89	27.31	26.43	26.08	26.68	27.57
	184.84	182.30	233.64	189.38	184.33	188.37	181.40	202.32	180.31	207.68	195.92	195.00
	148.11	147.56	334.50	146.06	156.18	126.15	202.77	94.53	59.96	228.82	218.73	119.79
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	416.99	0.00	0.00
	148.11	147.56	334.50	146.06	156.18	126.15	202.77	94.53	59.96	645.81	218.73	119.79
	35.06	33.28	89.76	40.89	42.54	32.80	58.62	17.78	21.26	145.58	63.91	36.10
	115.02	114.52	261.25	116.08	123.56	98.16	164.58	94.02	40.67	500.73	164.90	95.40
	1.86	1.85	4.23	1.88	2.00	1.59	2.66	1.52	0.66	8.10	2.67	1.54
Key metrics
	179.68	181.90	368.46	175.57	187.92	158.27	235.84	131.85	93.19	678.54	252.72	155.02
	16.40%	20.60%	28.00%	19.60%	21.90%	15.20%	20.10%	13.20%	11.20%	59.50%	20.50%	15.20%
	10.50%	13.00%	19.90%	12.90%	14.40%	9.40%	14.00%	9.40%	4.90%	43.90%	13.30%	9.40%
	1.90%	—	5.30%	—	2.60%	—	3.30%	—	—	—	—	—
	27.40%	-15.30%	12.10%	-10.30%	3.70%	-8.50%	-5.10%	-1.80%	—	—	—	—
	-6.90%	16.70%	58.70%	23.50%	203.80%	-80.40%	-0.20%	-1.40%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	4,189	4,113	4,142	4,317	4,397	4,647
	219.59	211.36	246.63	179.95	120.92	82.23
	4,409	4,325	4,389	4,497	4,518	4,730
	3,632	3,562	3,803	3,885	4,221	3,721
	2,427	2,598	2,622	2,745	2,903	2,802
	84.11	61.52	28.62	31.99	19.36	14.71
	234.53	242.60	222.28	211.39	189.67	190.84
	20.98	20.58	29.64	36.45	27.23	14.09
	108.40	106.75	106.71	116.02	89.20	83.40
	790.16	795.72	767.83	784.28	842.77	583.68
	776.23	762.89	586.08	612.33	297.03	1,008
	0.00	0.00	416.99	0.00	0.00	376.06
	776.23	762.89	1,003	612.33	297.03	1,385
	198.99	205.99	243.21	176.96	70.59	331.73
	606.87	599.05	800.03	473.59	250.70	1,051
	9.82	9.69	12.94	7.66	4.04	16.94
Key metrics
	905.61	890.22	1,139	764.80	413.46	1,482
	21.62%	21.60%	27.50%	17.70%	9.40%	31.90%
	14.49%	14.60%	19.30%	11.00%	5.70%	22.60%
	—	12.10%	16.10%	—	—	—
	2.80%	-0.70%	-4.10%	-1.80%	-5.40%	—
	26.35%	-25.10%	68.90%	88.90%	-76.20%	—
	—	126.77	267.18	—	—	—
	—	0.32	0.48	—	—	—
	—	0.07	0.04	—	—	—
	—	405.92	176.69	—	—	—
	—	90.6	63.2	—	—	—
Balance sheet
	—	7,596	7,382	—	—	—
	—	3,969	3,476	—	—	—
	—	31.40	44.39	—	—	—
	—	362.31	379.25	—	—	—
	—	1,026	782.42	—	—	—
	—	76.95	30.79	—	—	—
	—	1,006	987.10	—	—	—
	—	366.43	444.16	—	—	—
	—	1,120	977.66	—	—	—
	—	437.32	221.08	—	—	—
	—	437.32	221.08	—	—	—
	—	0.00	0.00	—	—	—
	—	6,215	6,097	—	—	—
Cash flow
	—	191.75	382.68	—	—	—
	—	-155.65	8.34	—	—	—
	—	-49.09	-348.78	—	—	—
	—	64.98	115.50	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	1,094	883.58	1,314	897.66	858.74	1,043	1,172	1,001	828.43	1,140	1,235	1,020
	59.97	75.33	36.44	52.49	59.60	64.68	64.57	48.42	84.24	54.90	43.79	35.12
	1,154	958.91	1,350	950.15	918.34	1,108	1,236	1,050	912.67	1,195	1,279	1,055
	1,001	811.35	1,016	804.09	760.31	981.68	1,034	955.13	851.09	966.57	1,060	935.02
	689.15	427.58	631.77	678.01	659.08	629.12	727.19	734.94	564.52	595.30	674.35	740.26
	18.30	14.84	46.04	4.93	5.00	5.55	6.01	5.36	5.19	12.06	14.62	6.96
	47.17	55.12	61.97	70.27	52.01	58.35	51.25	57.00	56.45	57.58	56.67	52.57
	3.34	6.87	7.75	3.02	4.30	5.51	6.18	10.01	6.80	6.65	7.31	7.66
	28.23	27.47	26.21	26.49	27.44	26.61	26.89	27.31	26.43	26.08	26.68	27.57
	184.84	182.30	233.64	189.38	184.33	188.37	181.40	202.32	180.31	207.68	195.92	195.00
	152.75	147.56	334.50	146.06	158.03	126.15	202.77	94.53	61.58	228.82	218.73	119.79
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	416.99	—	—
	152.75	147.56	334.50	146.06	158.03	126.15	202.77	94.53	61.58	645.81	218.73	119.79
	30.37	40.15	80.28	36.07	38.83	29.22	52.51	23.57	10.14	140.61	57.30	30.58
	122.38	107.41	254.22	109.99	119.20	96.93	150.26	70.96	51.44	505.20	161.43	89.21
	1.98	1.74	4.11	1.78	1.93	1.57	2.43	1.15	0.83	8.17	2.61	1.44
Key metrics
	184.32	181.90	368.46	175.57	189.77	158.27	235.84	131.85	94.81	678.54	252.72	155.02
	16.80%	20.60%	28.00%	19.60%	22.10%	15.20%	20.10%	13.20%	11.40%	59.50%	20.50%	15.20%
	11.20%	12.20%	19.30%	12.30%	13.90%	9.30%	12.80%	7.10%	6.20%	44.30%	13.10%	8.70%
	2.00%	—	5.40%	—	2.70%	—	3.30%	—	—	—	—	—
	27.40%	-15.30%	12.10%	-10.30%	3.70%	-8.50%	-5.10%	-1.80%	—	—	—	—
	2.70%	10.80%	69.20%	55.00%	131.70%	-80.80%	-6.90%	-20.50%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	4,189	4,113	4,142	4,317	4,397	4,647
	224.23	213.21	248.25	181.11	121.38	83.16
	4,413	4,327	4,390	4,499	4,518	4,730
	3,632	3,562	3,803	3,885	4,221	3,721
	2,427	2,598	2,622	2,745	2,903	2,802
	84.11	61.52	28.62	31.99	19.36	14.71
	234.53	242.60	222.28	211.39	189.67	190.84
	20.98	20.58	29.64	36.45	27.23	14.09
	108.40	106.75	106.71	116.02	89.20	83.40
	790.16	795.72	767.83	784.28	842.77	583.68
	780.87	764.74	587.70	613.49	297.49	1,009
	0.00	0.00	416.99	—	—	376.06
	780.87	764.74	1,005	613.49	297.49	1,385
	186.87	184.40	226.83	158.19	60.90	332.00
	594.00	580.34	777.86	455.30	236.59	1,053
	9.61	9.39	12.58	7.36	3.82	16.98
Key metrics
	910.25	892.07	1,141	765.96	413.92	1,483
	21.73%	21.70%	27.50%	17.70%	9.40%	31.90%
	14.18%	14.10%	18.80%	10.50%	5.40%	22.70%
	—	12.50%	16.60%	—	—	—
	2.80%	-0.70%	-4.10%	-1.80%	-5.40%	—
	35.82%	-25.40%	70.80%	92.40%	-77.50%	—
	—	126.77	267.18	—	—	—
	—	0.33	0.49	—	—	—
	—	0.07	0.04	—	—	—
	—	405.92	176.69	—	—	—
	—	90.6	63.2	—	—	—
Balance sheet
	—	7,408	7,223	—	—	—
	—	3,969	3,476	—	—	—
	—	31.40	44.39	—	—	—
	—	362.31	379.25	—	—	—
	—	1,026	782.42	—	—	—
	—	76.95	30.79	—	—	—
	—	1,006	987.10	—	—	—
	—	366.43	444.16	—	—	—
	—	1,120	977.66	—	—	—
	—	437.32	221.08	—	—	—
	—	437.32	221.08	—	—	—
	—	0.00	0.00	—	—	—
	—	6,077	5,978	—	—	—
Cash flow
	—	191.75	382.68	—	—	—
	—	-155.65	8.34	—	—	—
	—	-49.09	-348.78	—	—	—
	—	64.98	115.50	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: -2.20%
Sales CAGR 5Y: —
Profit CAGR 3Y: +34.86%
Profit CAGR 5Y: —
Sales YoY (TTM): +2.80%
Profit YoY (TTM): +35.82%

Consolidated

Sales CAGR 3Y: -2.20%
Sales CAGR 5Y: —
Profit CAGR 3Y: +33.69%
Profit CAGR 5Y: —
Sales YoY (TTM): +2.80%
Profit YoY (TTM): +26.35%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 52.46%

Holder	Type	Holding	Previous	Change
FINOLEX CABLES LTD.	Promoter	32.39%	—	—
ORBIT ELECTRICALS PRIVATE LIMITED	Promoter	18.80%	—	—
SBI CONSERVATIVE HYBRID FUND	Public	5.97%	—	—
ANUJ A SHETH	Public	3.35%	—	—
INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY M	Public	2.09%	—	—
TEMPLETON INDIA VALUE FUND	Public	1.87%	—	—
HITEN ANANTRAI SHETH	Public	1.21%	—	—
BANDHAN FLEXI CAP FUND	Public	1.09%	—	—
VIJAY KISHANDAS CHHABRIA	Promoter	0.35%	—	—
ARUNA KATARA	Promoter	0.21%	—	—
KATARA DENTAL PVT.LTD.	Promoter	0.17%	—	—
PRAKASH PRALHAD CHHABRIA	Promoter	0.14%	—	—
DEEPAK KISHAN CHHABRIA	Promoter	0.07%	—	—
KAVITA SANJAY RAHEJA	Promoter	0.07%	—	—
GAYATRI PRAKASH CHHABRIA	Promoter	0.06%	—	—

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Supreme Industries Ltd.	42,577	3,351.80	37.68	18.30%	+16.64% TTM	+33.27% TTM	-13.77%
ASTRAL LIMITED	38,256	1,424.00	66.45	18.40%	+16.79% TTM	+20.29% TTM	-2.97%
GARWARE HI-TECH FILMS LIMITED	17,529	7,545.05	36.78	16.70%	+14.67% TTM	+36.19% TTM	+121.92%
Kingfa Science & Technology (India) Ltd S	9,220	6,803.45	40.85	17.90%	+24.13% TTM	+46.94% TTM	+49.40%
Finolex Industries Ltd.	8,932	143.95	14.72	12.10%	+2.80% TTM	+26.35% TTM	-23.65%
Time Technoplast Limited	8,458	171.35	16.99	15.80%	+15.51% TTM	+21.29% TTM	-18.81%
Prince Pipes and Fittings Limited S	3,293	297.80	24.35	6.20%	+15.42% TTM	+482.68% TTM	-7.67%
APOLLO PIPES LIMITED	2,273	516.00	-162.60	2.10%	-1.99% TTM	-151.53% TTM	+71.80%
Jain Irrigation Systems Ltd.	2,044	28.61	-30.83	6.60%	+6.88% TTM	-223.97% TTM	-42.56%
Jai Corp Limited	1,578	89.90	16.93	12.70%	+2.39% TTM	-40.65% TTM	-46.22%
Premier Polyfilm Ltd. S	957	91.39	26.04	28.50%	+27.78% TTM	+39.95% TTM	+117.39%
R M DRIP AND SPRINKLERS SYSTEMS LIMITED	749	17.50	21.37	33.60%	—	—	-62.59%
MANIKA PLASTECH LIMITED	571	48.97	—	—	+7.25% FY26	+15.88% FY26	—
Prakash Pipes Limited S	527	220.50	10.68	12.60%	+6.12% TTM	-27.41% TTM	-23.49%
Dhabriya Polywood Limited	497	458.95	15.30	28.90%	+13.50% TTM	+62.95% TTM	+19.01%
Shish Industries Limited	497	11.77	144.92	5.90%	+8.28% TTM	-42.03% TTM	+38.47%
CAPTAIN POLYPLAST LIMITED	367	61.04	12.94	21.50%	+42.98% TTM	+39.19% TTM	-22.50%
Kaka Industries Limited S	283	207.00	15.07	23.40%	—	—	-7.11%
Kriti Industries (India) Ltd.	269	50.98	-32.21	6.70%	-22.13% TTM	+23.04% TTM	-55.44%
Kisan Mouldings Ltd.	255	21.33	-14.72	-2.10%	+3.26% TTM	-4,657.89% TTM	-28.40%
Ecoplast Ltd.	217	457.05	21.57	13.50%	+69.70% TTM	+22.63% TTM	-11.99%
JUJHAR LOGISTICS LIMITED	190	205.90	14.68	13.10%	+631.29% TTM	+1,780.00% TTM	+255.06%
Hindustan Adhesives Ltd.	190	370.40	8.70	18.30%	-6.31% TTM	+28.10% TTM	+23.10%
Tainwala Chemicals & Plastics Ltd S	181	192.95	23.62	7.10%	-17.22% TTM	+3.51% TTM	-4.03%
B. D. Industries (Pune) Limited	164	115.45	—	21.10%	—	—	+6.41%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Audio Recording of the Conference Call held on November 2, 20262 Nov 2026 · Company Update / Analyst / Investor Meet
Newspaper Publication of Unaudited Financial Results of the Company for the Quarter and Half Year ended September 30, 20261 Nov 2026 · Company Update / Newspaper Publication
Investor Presentation on Unaudited (Standalone and Consolidated) Financial Results for the Quarter and Half Year ended September 30, 202630 Oct 2026 · Company Update / Investor Presentation
Unaudited (Standalone and Consolidated) Financial Results of the Company for the Quarter and Half Year ended September 30, 202630 Oct 2026 · Result / Financial Results
Outcome of Board Meeting held on October 30, 202630 Oct 2026 · Board Meeting / Outcome of Board Meeting
Intimation of Conference Call to discuss Q2FY27 Financial Results28 Oct 2026 · Company Update / Analyst / Investor Meet
Finolex Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/10/2026 ,inter alia, to consider and approve the Un-audited (Standalone ....26 Oct 2026 · Board Meeting / Board Meeting
Compliance Certificate under Reg. 74 (5) of SEBI (Depositories and Participants) Regulations, 20187 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of Newspaper Publication with respect to Special Window for Re-lodgement of Physical Share Transfer Request29 Sep 2026 · Company Update / Newspaper Publication
Intimation of Trading Window Closure25 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Voting Results and Scrutinizer''s Report of the 45th Annual General Meeting of the Company held on September 22, 202623 Sep 2026 · AGM/EGM / AGM
Summary of Proceedings of the 45th (Forty-Fifth) Annual General Meeting (AGM) of the Company22 Sep 2026 · AGM/EGM / AGM
Newspaper Publication of 45th Annual General Meeting of the Company29 Aug 2026 · Company Update / Newspaper Publication
Intimation regarding dispatch of physical communication to the Shareholders who have not registered their email address28 Aug 2026 · Company Update / General
Intimation of Record Date for the payment of Dividend on equity shares for the financial year 2025-2628 Aug 2026 · Corp. Action / Record Date
Business Responsibility and Sustainability Reporting (BRSR) for the Financial Year 2025-2628 Aug 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Notice of the 45th (Forty-Fifth) Annual General Meeting along with the Annual Report for the Financial Year 2025-2628 Aug 2026 · Others / Reg. 34 (1) Annual Report
Notice of 45th (Forty-Fifth) Annual General Meeting of the Company scheduled on Tuesday, September 22, 202628 Aug 2026 · AGM/EGM / AGM
Copy of Newspaper Publication regarding Notice of the 45th Annual General Meeting of the Company Scheduled to be held on Tuesday, September 22, 2026, at 4:00 P.M. IST through Video Conferencing/ ....27 Aug 2026 · Company Update / Newspaper Publication
Transcript of the Earnings Call held on August 7, 202613 Aug 2026 · Company Update / Earnings Call Transcript
Intimation of Schedule of Analysts / Institutional Investors Meet10 Aug 2026 · Company Update / Analyst / Investor Meet
Newspaper Publication of Unaudited Financial Results for the Quarter ended June 30, 20268 Aug 2026 · Company Update / Newspaper Publication
Audio Recording of the Conference Call held on August 7, 20267 Aug 2026 · Company Update / Analyst / Investor Meet
Investor Presentation for the Quarter ended June 30, 20266 Aug 2026 · Company Update / Investor Presentation
Unaudited (Standalone and Consolidated) Financial Results of the Company for the Quarter ended June 30, 20266 Aug 2026 · Result / Financial Results
Outcome of Board Meeting held on August 6, 20266 Aug 2026 · Board Meeting / Outcome of Board Meeting
Intimation of Conference Call to discuss Q1FY27 Financial Results3 Aug 2026 · Company Update / Analyst / Investor Meet
Finolex Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/08/2026 ,inter alia, to consider and approve the Unaudited (Standalone ....29 Jul 2026 · Board Meeting / Board Meeting
Newspaper Advertisement pursuant to Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 201624 Jul 2026 · Company Update / Newspaper Publication
Certificate under Regulation 74(5) of the SEBI (Depositories & Participants) Regulation, 20184 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of Trading Window Closure25 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Intimation of Newspaper Publication with respect to Special Window for Re-lodgement of Physical Share Transfer Requests & Second 100 Days Campaign - "Saksham Niveshak"17 Jun 2026 · Company Update / Newspaper Publication
Transcript of the Earnings Call held on May 27, 20263 Jun 2026 · Company Update / Earnings Call Transcript
Annual Secretarial Compliance Report for FY 2025-2629 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Newspaper Publication of Audited Financial Results for the Quarter and Year ended 31st March 202628 May 2026 · Company Update / Newspaper Publication
Audio Recording of Conference Call (Q4 FY 26 Financial Results)27 May 2026 · Company Update / Analyst / Investor Meet
Investor Presentation on the Audited Financial Results of the Company for the Quarter and Financial Year ended 31st March, 202626 May 2026 · Company Update / Investor Presentation
The Board have recommended a final dividend of Rs. 2 (100%) per equity share of Rs. 2/- each and a special dividend of Rs. 0.75 (37.50%) per equity share of Rs. 2/- each, aggregating to ....26 May 2026 · Corp. Action / Dividend
Re-appointment of the Cost Auditors and the Internal Auditors of the Company for the Financial Year 2026-2726 May 2026 · Company Update / General
The Audited Standalone and Consolidated Financial Results of the Company for the Quarter and Financial Year ended 31st March, 202626 May 2026 · Result / Financial Results

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 2.0000	11 Sep 2026	11 Sep 2026	—
Special Dividend - Rs. - 0.7500	11 Sep 2026	11 Sep 2026	—
Special Dividend - Rs. - 1.6000	4 Sep 2025	5 Sep 2025	—
Final Dividend - Rs. - 2.0000	4 Sep 2025	5 Sep 2025	—
Final Dividend - Rs. - 2.5000	11 Sep 2024	—	—

Board meetings

30 Oct 2026 Board Meeting - Financial Results
6 Aug 2026 Board Meeting - Financial Results