Is Finolex Industries (FINPIPE) overvalued or fairly valued?

MarketChacha shows Finolex Industries's valuation in context — a forward P/E of about 15.0, a price-to-book of about 1.6 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is Finolex Industries's revenue?

Finolex Industries reported revenue of ₹4,113 Cr for FY2026, with net profit of ₹580 Cr, per official filings.

What is the share price of Finolex Industries (FINPIPE)?

Finolex Industries last traded at ₹158.95 (+0.0% on the day), as of 9/4/2026 — a delayed quote shown for education, not investment advice.

Finolex Industries

FINPIPE · NSE · Building Materials · India

Snapshot

TickerFINPIPE

ExchangeNSE

SectorBuilding Materials

IndustryBuilding Products & Equipment

CountryIndia

Employees1,325

HeadquartersPune, India

Websitewww.finolexpipes.com

Filings tracked7

About Finolex Industries

Finolex Industries Limited manufactures and sells polyvinyl chloride (PVC) pipes and fittings, and PVC resins in India. The company operates in two segments, PVC Resin and PVC Pipes and Fittings. It offers agriculture pipes and fittings; column pipes; casing pipes; and solvent cement and lubricants. The company also provides plumbing and sanitation pipes and fitting, such as ASTM pipes and fittings; CPVC pipes and fittings; SWR pipes and fittings; sewerage pipes; and solvent cement, lubricant, and primer. It distributes its products through dealers and retailers. Finolex Industries Limited was founded in 1956 and is headquartered in Pune, India.

Who owns it

Promoters59.3%
Institutions16.8%
Public & other23.9%

39 institutional holders

Ownership breakdown from public market data. Promoter pledge is not included here — that comes from exchange shareholding filings.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Net margin trend5.4% → 14.6%

Margin has expanded by about 9.2 points — the business is getting more profitable.

Growth qualityrev -2% · PAT 26%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (Yahoo Finance). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev ₹1,220 Cr · EPS 2.40

Est. earnings growth +34.8%

Next fiscal year

Rev ₹4,966 Cr · EPS 10.63

Est. earnings growth +17.7%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: Yahoo Finance

Annual

Quarterly · last 5

Revenue (FY2026)

₹4,113 Cr

Net margin

14.6%

Revenue CAGR (3y)

-2.2%

Profit CAGR (3y)

+36.3%

Net profit (FY2026)

₹599 Cr

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Financials

Yearly

Period	Revenue	Net profit	Net margin
FY2026	₹4,113 Cr	₹599 Cr	14.6%
FY2025	₹4,142 Cr	₹778 Cr	18.8%
FY2024	₹4,317 Cr	₹474 Cr	11.0%
FY2023	₹4,397 Cr	₹237 Cr	5.4%

Quarterly

Period	Revenue	Net profit	Net margin
Q1 FY27	₹884 Cr	₹115 Cr	13.0%
Q4 FY26	₹1,314 Cr	₹261 Cr	19.9%
Q3 FY26	₹898 Cr	₹116 Cr	12.9%
Q2 FY26	₹859 Cr	₹124 Cr	14.4%
Q1 FY26	₹1,043 Cr	₹97 Cr	9.3%

Figures as reported, in ₹ (crore). Source: Yahoo Finance.

Filings & announcements

2026

Intimation Regarding Dispatch Of Physical Communication To The Shareholders Who Have Not Registered Their Email Address
Intimation regarding dispatch of physical communication to the Shareholders who have not registered their email address
BSE8/28/2026
Business Responsibility and Sustainability Reporting (BRSR)
Business Responsibility and Sustainability Reporting (BRSR) for the Financial Year 2025-26
BSE8/28/2026
Reg. 34 (1) Annual Report.
Notice of the 45th (Forty-Fifth) Annual General Meeting along with the Annual Report for the Financial Year 2025-26
BSE8/28/2026
Notice Of 45Th (Forty-Fifth) Annual General Meeting Of The Company
Notice of 45th (Forty-Fifth) Annual General Meeting of the Company scheduled on Tuesday, September 22, 2026
BSE8/28/2026material
Investor Presentation
Investor Presentation for the Quarter ended June 30, 2026
BSE8/6/2026
Results-Financial Results For June 30, 2026
Unaudited (Standalone and Consolidated) Financial Results of the Company for the Quarter ended June 30, 2026
BSE8/6/2026
Board Meeting Outcome for Outcome Of Board Meeting Held On August 6, 2026
Outcome of Board Meeting held on August 6, 2026
BSE8/6/2026

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.