Finolex Industries Stock Forecast

Stock Price Forecast

According to 14 analysts polled by S&P Global, Finolex Industries stock has a consensus rating of "Buy" and an average price target of ₹210.79. The average 1-year stock price forecast is 20.05% higher than the current stock price, while the lowest is ₹179.00 (+1.95%) and the highest is ₹271.00 (+54.35%).

Price Target: ₹210.79 (+20.05%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	₹179.00	₹210.79	₹209.50	₹271.00
Change	+1.95%	+20.05%	+19.32%	+54.35%

* Price targets were last updated on Feb 3, 2026.

Analyst Ratings

The average analyst rating for Finolex Industries stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	5	4	4	4	3	3
Buy	4	3	3	3	4	4
Hold	6	7	7	6	6	6
Sell	0	1	1	1	1	1
Strong Sell	1	0	0	0	0	0
Total	16	15	15	14	14	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst IDBI Capital No rating	IDBI Capital	Hold Maintains ₹188.00	Hold	Maintains	₹188.00	+7.07%	Feb 3, 2026

Financial Forecast

Revenue This Year

45.56B

from 41.13B

10.75%

from 41.13B

Revenue Next Year

49.48B

from 45.56B

8.62%

from 45.56B

EPS This Year

8.98

from 9.69

-7.35%

from 9.69

EPS Next Year

10.16

from 8.98

13.17%

from 8.98

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	46.47B	43.97B	43.17B	41.42B	41.13B	45.56B
Revenue Growth	34.23%	-5.39%	-1.81%	-4.06%	-0.69%	10.75%
Gross Profit	17.49B	12.61B	15.81B	14.66B	17.17B	16.16B
Gross Margin	37.64%	28.69%	36.61%	35.39%	41.75%	35.47%
Operating Income	9.44B	2.36B	4.69B	3.69B	5.72B	5.04B
Net Income	10.51B	2.51B	4.74B	8.00B	5.99B	5.50B
EPS	-	-	-	-	9.69	8.98
EPS Growth	-	-	-	-	24.75%	-7.35%
Forward PE	14.71	23.27	27.12	20.10	16.24	19.56
Dividend / Share	2.00	1.50	2.50	2.00	2.00	4.08
Dividend Growth	-	-25.00%	66.67%	-20.00%	-	103.89%
Free Cash Flow	5.01B	887.66M	2.10B	2.95B	713.36M	4.85B
No. Analysts	-	-	-	-	-	10

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue	2027	2028	2029
High	48.6B
Avg	45.6B
Low	43.6B

Revenue Growth

Revenue Growth	2027	2028	2029
High	18.1%
Avg	10.8%
Low	6.1%

EPS Forecast

EPS	2027	2028	2029
High	10.10
Avg	8.98
Low	8.30

EPS Growth

EPS Growth	2027	2028	2029
High	4.2%
Avg	-7.4%
Low	-14.3%