FINOLEX INDUSTRIES LTD (FINPIPE) financials

FINOLEX INDUSTRIES LTD (FINPIPE) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Finolex Industries Limited (FIL) is a leading manufacturer of PVC Resin and the largest producer of PVC Pipes & Fittings in India. The Company offers the latest range of superior quality and durable PVC-U pipes and fittings used in agriculture, construction and industrial operations. Its product portfolio consists of two major divisions:PVC ResinPVC Pipes & Fittings[1]

Market Cap: ₹9,388Cr.
Current Price: ₹151
Stock P/E: 15.9
ROE: 8.45%
ROCE: 11.4%
Book Value: ₹98.0
Dividend Yield: 1.32%
52W High / Low: ₹200/147

In Jun 2026, FINOLEX INDUSTRIES LTD (FINPIPE) reported sales ₹884 Cr and net profit ₹107 Cr.

Annual TTM: sales ₹3,954 Cr, net profit ₹591 Cr.

Shareholding: Promoters 52.47% (Sep 2026), FIIs 5.78% (Sep 2026), DIIs 11.36% (Sep 2026), Government 0.01% (Sep 2026), Public 30.04% (Sep 2026).

FINPIPE quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	828	1,001	1,172	1,043	859	898	1,314	884
Expenses	818	918	1,001	950	729	775	982	777
Operating Profit	11	83	171	94	130	123	332	107
OPM %	1.3%	8%	15%	9%	15%	14%	25%	12%
Other Income	84	48	65	65	60	52	36	75
Interest	7	10	6	6	4	3	8	7
Depreciation	26	27	27	27	27	26	26	27
Profit before tax	62	95	203	126	158	146	334	148
Tax %	16%	25%	26%	23%	25%	25%	24%	27%
Net Profit	51	71	150	97	119	110	254	107
EPS in Rs	0.83	1.14	2.42	1.56	1.92	1.77	4.10	1.73
Raw PDF	—	—	—	—	—	—	—	—

FINPIPE profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	2,985	3,462	4,647	4,397	4,317	4,142	4,113	3,954
Expenses	2,536	2,472	3,623	4,105	3,732	3,666	3,435	3,262
Operating Profit	448	990	1,025	293	585	476	679	692
OPM %	15%	29%	22%	7%	14%	12%	16%	18%
Other Income	30	72	458	121	181	665	213	224
Interest	11	7	14	27	36	30	21	22
Depreciation	74	78	83	89	116	107	107	108
Profit before tax	393	977	1,385	297	613	1,005	765	786
Tax %	18%	25%	24%	20%	26%	23%	24%	—
Net Profit	324	728	1,053	237	455	778	580	591
EPS in Rs	5.22	11.73	16.98	3.81	7.34	12.54	9.35	9.52
Dividend Payout %	38%	34%	24%	39%	34%	29%	29%	—

FINPIPE balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	124	124	124	124	124	124	124	124
Reserves	2,404	1,806	2,949	3,740	4,701	5,414	5,855	5,954
Borrowings	90	283	204	278	541	394	237	446
Other Liabilities	655	603	930	1,119	817	996	1,008	885
Total Liabilities	3,273	2,815	4,207	5,261	6,182	6,928	7,223	7,408
Fixed Assets	951	1,017	1,002	993	1,055	1,055	1,008	1,017
CWIP	90	7	8	9	44	19	73	28
Investments	1,303	580	1,592	2,633	3,850	4,456	4,751	4,782
Other Assets	929	1,211	1,604	1,625	1,234	1,398	1,391	1,581
Total Assets	3,273	2,815	4,207	5,261	6,182	6,928	7,223	7,408

FINPIPE cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	391	106	941	622	308	353	383	192
Cash from Investing Activity	-228	49	-877	-440	-294	-83	8	-156
Cash from Financing Activity	-163	-105	-90	-190	-29	-277	-349	-49
Net Cash Flow	-0	51	-26	-8	-15	-6	42	-13
Free Cash Flow	289	46	876	918	140	267	268	133
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	94%	49%	116%	93%	128%	85%	122%	53%

FINPIPE shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	52.47%	52.47%	52.47%	52.47%	52.47%	52.47%	52.47%	52.47%
FIIs	6.64%	6.48%	6.03%	5.93%	5.87%	5.86%	5.85%	5.78%
DIIs	12.05%	11.70%	11.36%	12.11%	12.19%	12.78%	11.35%	11.36%
Government	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Public	28.47%	28.99%	29.78%	29.13%	29.11%	28.53%	29.97%	30.04%
Others	0.35%	0.35%	0.35%	0.35%	0.35%	0.35%	0.35%	0.35%
No. of Shareholders	2,38,785	2,51,087	2,50,051	2,45,505	2,46,153	2,37,719	2,45,937	2,43,708

FINPIPE key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	9	9	16	26	25	39	33	32
Inventory Days	120	164	176	132	81	99	108	159
Days Payable	55	44	84	60	35	39	61	57
Cash Conversion Cycle	74	129	108	98	71	98	80	134
Working Capital Days	33	39	22	17	-6	13	20	32
ROCE %	21%	16%	36%	27%	6%	10%	9%	11%

FINPIPEUpdated 21 Oct 2026, 5:25

Finolex Industries Ltd

FINPIPEUpdated 21 Oct 2026, 5:25

Market Cap

₹9,388Cr.

Current Price

₹151

High / Low

₹200/147

Stock P/E

15.9

ROE8.45%

ROCE11.4%

Book Value₹98.0

Face Value₹2.00

Dividend Yield1.32%

About

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	1179	9	1027	40	34	149	26	111	1.79
Sep 2023	883	12	780	63	27	126	25	94	1.51
Dec 2023	1020	8	900	35	28	120	26	89	1.44
Mar 2024	1235	7	1026	44	27	219	26	161	2.6
Jun 2024	1140	7	934	472	26	646	22	505	8.14
Sep 2024	828	7	818	84	26	62	16	51	0.83
Dec 2024	1001	10	918	48	27	95	25	71	1.14
Mar 2025	1172	6	1001	65	27	203	26	150	2.42
Jun 2025	1043	6	950	65	27	126	23	97	1.56
Sep 2025	859	4	729	60	27	158	25	119	1.92
Dec 2025	898	3	775	52	26	146	25	110	1.77
Mar 2026	1314	8	982	36	26	334	24	254	4.1
Jun 2026	884	7	777	75	27	148	27	107	1.73

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	2476	70	2264	-2	59	81	41	48	0.77
Mar 2016	2482	45	2075	62	51	373	32	254	4.1
Mar 2017	2602	15	2039	24	55	517	32	352	5.68
Mar 2018	2738	10	2253	25	61	439	32	299	4.81
Mar 2019	3091	12	2487	14	70	536	35	350	5.64
Mar 2020	2985	11	2536	30	74	393	18	324	5.22
Mar 2021	3462	7	2472	72	78	977	25	728	11.73
Mar 2022	4647	14	3623	458	83	1385	24	1053	16.98
Mar 2023	4397	27	4105	121	89	297	20	237	3.81
Mar 2024	4317	36	3732	181	116	613	26	455	7.34
Mar 2025	4142	30	3666	665	107	1005	23	778	12.54
Mar 2026	4113	21	3435	213	107	765	24	580	9.35
TTM	3954	22	3262	224	108	786	—	591	9.52

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	52.47%
FIIs	5.78%
DIIs	11.36%
Government	0.01%
Public	30.04%
Others	0.35%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Government	Public	Others
Dec 2023	52.47%	6.45%	11.95%	0.01%	28.76%	0.34%
Mar 2024	52.47%	6.41%	10.95%	0.01%	29.82%	0.34%
Jun 2024	52.47%	6.9%	11.95%	0.01%	28.32%	0.35%
Sep 2024	52.47%	6.4%	12.07%	0.01%	28.69%	0.35%
Dec 2024	52.47%	6.64%	12.05%	0.01%	28.47%	0.35%
Mar 2025	52.47%	6.48%	11.7%	0.01%	28.99%	0.35%
Jun 2025	52.47%	6.03%	11.36%	0.01%	29.78%	0.35%
Sep 2025	52.47%	5.93%	12.11%	0.01%	29.13%	0.35%
Dec 2025	52.47%	5.87%	12.19%	0.01%	29.11%	0.35%
Mar 2026	52.47%	5.86%	12.78%	0.01%	28.53%	0.35%
Jun 2026	52.47%	5.85%	11.35%	0.01%	29.97%	0.35%
Sep 2026	52.47%	5.78%	11.36%	0.01%	30.04%	0.35%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	124	663	637	435	1859	868	10	180	801	1859
Mar 2016	124	1446	212	567	2349	850	7	817	675	2349
Mar 2017	124	2167	94	570	2955	855	22	1222	856	2955
Mar 2018	124	2640	101	589	3455	884	90	1555	925	3455
Mar 2019	124	2404	90	655	3273	951	90	1303	929	3273
Mar 2020	124	1806	283	603	2815	1017	7	580	1211	2815
Mar 2021	124	2949	204	930	4207	1002	8	1592	1604	4207
Mar 2022	124	3740	278	1119	5261	993	9	2633	1625	5261
Mar 2023	124	4701	541	817	6182	1055	44	3850	1234	6182
Mar 2024	124	5414	394	996	6928	1055	19	4456	1398	6928
Mar 2025	124	5855	237	1008	7223	1008	73	4751	1391	7223
Mar 2026	124	5954	446	885	7408	1017	28	4782	1581	7408

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	212	18	-239	-9
Mar 2016	569	-77	-494	-2
Mar 2017	252	35	-282	4
Mar 2018	338	-162	-175	1
Mar 2019	391	-228	-163	0
Mar 2020	106	49	-105	51
Mar 2021	941	-877	-90	-26
Mar 2022	622	-440	-190	-8
Mar 2023	308	-294	-29	-15
Mar 2024	353	-83	-277	-6
Mar 2025	383	8	-349	42
Mar 2026	192	-156	-49	-13

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	7	3	7	6	9	9	16	26	25	39	33	32
Inventory Days	113	100	128	128	120	164	176	132	81	99	108	159
Days Payable	40	55	52	52	55	44	84	60	35	39	61	57
Cash Conversion Cycle	80	48	83	81	74	129	108	98	71	98	80	134
Working Capital Days	-6	0	28	32	33	39	22	17	-6	13	20	32
ROCE %	11%	24%	25%	17%	21%	16%	36%	27%	6%	10%	9%	11%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of FINOLEX INDUSTRIES LTD (FINPIPE)?

The reported market capitalisation for FINOLEX INDUSTRIES LTD (FINPIPE) is ₹9,388Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of FINPIPE?

The current price shown for FINOLEX INDUSTRIES LTD (FINPIPE) on Fincrux is ₹151 with a 52-week high/low of ₹200/147.

What is the P/E ratio of FINOLEX INDUSTRIES LTD (FINPIPE)?

The stock P/E for FINOLEX INDUSTRIES LTD (FINPIPE) is 15.9 on Fincrux, with ROE at 8.45% and ROCE at 11.4%.

What were FINPIPE latest quarterly results?

For Jun 2026, FINOLEX INDUSTRIES LTD (FINPIPE) reported sales ₹884 Cr and net profit ₹107 Cr (figures in ₹ crore unless noted).

What are FINPIPE annual sales and net profit?

For TTM, FINOLEX INDUSTRIES LTD (FINPIPE) shows sales of ₹3,954 Cr and net profit of ₹591 Cr on the Fincrux profit & loss statement.

Who owns FINOLEX INDUSTRIES LTD (FINPIPE)?

Latest shareholding for FINOLEX INDUSTRIES LTD (FINPIPE) on Fincrux: Promoters 52.47% (Sep 2026), FIIs 5.78% (Sep 2026), DIIs 11.36% (Sep 2026), Government 0.01% (Sep 2026), Public 30.04% (Sep 2026).

Where can I find FINOLEX INDUSTRIES LTD (FINPIPE) financials?

FINOLEX INDUSTRIES LTD (FINPIPE) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show FINPIPE balance sheet and cash flow?

Yes. The FINOLEX INDUSTRIES LTD (FINPIPE) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 21 October 2026 at 5:25