Finolex Industries Limited (NSE:FINPIPE)

Finolex Industries Ratios and Metrics

Market cap in millions INR. Fiscal year is April - March.

Total Valuation

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 23, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Market Capitalization	95,319	92,716	111,253	152,383	105,853	95,957
Market Cap Growth	-28.66%	-16.66%	-26.99%	43.96%	10.31%	21.58%
Enterprise Value	74,845	73,214	93,213	140,245	94,920	85,714
Last Close Price	154.16	147.32	173.86	236.23	162.35	143.14

Price Ratios

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 23, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
PE Ratio	15.50	15.48	13.91	32.18	42.22	9.13
Forward PE	16.36	16.24	20.10	27.12	23.27	14.71
PS Ratio	2.41	2.25	2.69	3.53	2.41	2.07
PB Ratio	1.53	1.49	1.83	2.71	2.16	2.44
P/TBV Ratio	1.53	1.49	1.83	2.71	2.16	2.44
P/FCF Ratio	75.19	73.14	41.64	57.08	76.19	17.85
P/OCF Ratio	49.71	48.35	29.07	43.13	34.40	15.43
PEG Ratio	-	16.24	1.55	0.59	2.98	2.94

EV Ratios

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 23, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
EV/Sales Ratio	1.89	1.78	2.25	3.25	2.16	1.84
EV/EBITDA Ratio	10.25	10.92	19.96	24.12	29.25	8.34
EV/EBIT Ratio	12.04	12.80	25.26	29.91	40.23	9.08
EV/FCF Ratio	59.04	57.75	34.89	52.54	68.32	15.94

Financial Efficiency

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 23, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Debt / Equity Ratio	0.07	0.07	0.04	0.07	0.11	0.07
Debt / EBITDA Ratio	0.64	0.66	0.50	0.67	1.66	0.27
Debt / FCF Ratio	-	3.52	0.89	1.48	3.89	0.52
Net Debt / Equity Ratio	-0.33	-0.32	-0.33	-0.27	-0.26	-0.34
Net Debt / EBITDA Ratio	-2.96	-3.01	-4.29	-2.60	-3.88	-1.29
Net Debt / FCF Ratio	-	-15.92	-7.50	-5.67	-9.06	-2.46
Asset Turnover	-	0.55	0.57	0.65	0.76	0.96
Inventory Turnover	-	2.65	3.54	3.91	3.71	3.00
Quick Ratio	-	2.53	2.68	2.14	1.85	1.63
Current Ratio	-	3.55	3.56	2.90	2.55	2.54
Return on Equity (ROE)	-	9.73%	13.64%	8.99%	5.68%	29.75%
Return on Assets (ROA)	-	4.78%	3.19%	4.39%	2.54%	12.24%
Return on Invested Capital (ROIC)	10.46%	10.27%	6.89%	8.79%	5.90%	27.98%
Return on Capital Employed (ROCE)	-	8.80%	5.80%	7.90%	4.60%	22.80%

Yields

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 23, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Earnings Yield	6.46%	6.46%	7.19%	3.11%	2.37%	10.96%
FCF Yield	1.33%	1.37%	2.40%	1.75%	1.31%	5.60%
Dividend Yield	1.79%	1.36%	1.15%	1.06%	0.92%	1.40%
Payout Ratio	-	37.16%	19.32%	19.58%	99.00%	11.80%
Buyback Yield / Dilution	-0.09%	-	-	-	0.35%	-
Total Shareholder Return	1.68%	1.36%	1.15%	1.06%	1.27%	1.40%

Data Source: S&P Global Market Intelligence Last updated: Aug 6, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 22, 2026

Data Sources Report a data error