Market closed · data as of 27 Aug 2026 · source NSE via Alphave. Open the live chart →
Finolex Industries makes PVC pipes and fittings for agriculture (a majority of volumes) and plumbing/sanitation, and is backward-integrated with its own PVC resin plant at Ratnagiri, one of the few in India. Pipe segment revenue tracks agri demand and housing construction, while resin profitability swings with PVC-VCM spreads. It shares the Finolex brand with, but is a separate listed entity from, Finolex Cables.
Among India's largest PVC pipe producers, with leadership in the agriculture pipe segment.
Finolex Industries Ltd. is a constituent of NIFTY MICROCAP 250. See where it sits on the market heatmap →
Consolidated annual figures taken from Finolex Industries Ltd.'s own filed statements — not estimates, and not restated by us. The most recent period shown is FY26 (year ended 31 Mar 2026).
| Metric | FY26 | FY25 | FY24 |
|---|---|---|---|
| EPS (basic, ₹) | 9.69 | 12.94 | 7.66 |
| Book value / share (₹) | 100.50 | 98.60 | 91.12 |
| Return on equity | 9.6% | 13.1% | 8.4% |
| Return on capital employed | 8.8% | 5.8% | 7.9% |
| Operating margin | 13.9% | 8.9% | 10.9% |
| Net margin | 14.6% | 19.3% | 11.0% |
| EBITDA | ₹679 Cr | ₹476 Cr | ₹585 Cr |
| Free cash flow | ₹127 Cr | ₹267 Cr | ₹267 Cr |
| Total debt | ₹437 Cr | ₹221 Cr | ₹382 Cr |
| Debt to equity | 0.07 | 0.04 | 0.07 |
| Interest coverage | 27.8 | 12.4 | 12.9 |
| Current ratio | 3.54 | 3.56 | 2.90 |
| Shares outstanding | 61,83,50,000 | 61,83,50,000 | 61,83,50,000 |
Open the full income statement, balance sheet and cash flow for FINPIPE →
As disclosed for the quarter ended 30 Jun 2026.
Institutional ownership changes quarter to quarter. See daily FII and DII flows across the market →
Companies Alphave classifies in the same sub-sector, closest by market capitalisation.