Finolex Industries Limited (NSE:FINPIPE)
India flag India · Delayed Price · Currency is INR
147.18
+2.52 (1.74%)
Nov 11, 2026, 1:14 PM IST

Finolex Industries Statistics

Total Valuation

NSE:FINPIPE has a market cap or net worth of INR 91.00 billion. The enterprise value is 68.81 billion.

Market Cap91.00B
Enterprise Value 68.81B

Important Dates

The last earnings date was Friday, October 30, 2026.

Earnings Date Oct 30, 2026
Ex-Dividend Date Sep 11, 2026

Share Statistics

NSE:FINPIPE has 618.31 million shares outstanding. The number of shares has increased by 0.13% in one year.

Current Share Class 618.31M
Shares Outstanding 618.31M
Shares Change (YoY) +0.13%
Shares Change (QoQ) -0.10%
Owned by Insiders (%) 5.69%
Owned by Institutions (%) 16.89%
Float 251.28M

Valuation Ratios

The trailing PE ratio is 15.01 and the forward PE ratio is 15.80. NSE:FINPIPE's PEG ratio is 2.11.

PE Ratio 15.01
Forward PE 15.80
PS Ratio 2.16
PB Ratio 1.20
P/TBV Ratio 1.20
P/FCF Ratio 35.74
P/OCF Ratio 27.48
PEG Ratio 2.11
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 9.60, with an EV/FCF ratio of 26.99.

EV / Earnings 11.28
EV / Sales 1.63
EV / EBITDA 9.60
EV / EBIT 11.27
EV / FCF 26.99

Financial Position

The company has a current ratio of 4.48, with a Debt / Equity ratio of 0.02.

Current Ratio 4.48
Quick Ratio 3.06
Debt / Equity 0.02
Debt / EBITDA 0.21
Debt / FCF 0.56
Interest Coverage 28.54

Financial Efficiency

Return on equity (ROE) is 9.01% and return on invested capital (ROIC) is 9.16%.

Return on Equity (ROE) 9.01%
Return on Assets (ROA) 4.61%
Return on Invested Capital (ROIC) 9.16%
Return on Capital Employed (ROCE) 7.21%
Weighted Average Cost of Capital (WACC) 8.12%
Revenue Per Employee 31.62M
Profits Per Employee 4.58M
Employee Count1,325
Asset Turnover 0.53
Inventory Turnover 3.04

Taxes

In the past 12 months, NSE:FINPIPE has paid 1.99 billion in taxes.

Income Tax 1.99B
Effective Tax Rate 24.69%

Stock Price Statistics

The stock price has decreased by -21.69% in the last 52 weeks. The beta is 0.70, so NSE:FINPIPE's price volatility has been lower than the market average.

Beta (5Y) 0.70
52-Week Price Change -21.69%
50-Day Moving Average 150.36
200-Day Moving Average 166.79
Relative Strength Index (RSI) 52.25
Average Volume (20 Days) 506,266

Short Selling Information

Short Interest n/a
Short Previous Month n/a
Short % of Shares Out n/a
Short % of Float n/a
Short Ratio (days to cover) n/a

Income Statement

In the last 12 months, NSE:FINPIPE had revenue of INR 41.89 billion and earned 6.07 billion in profits. Earnings per share was 9.81.

Revenue41.89B
Gross Profit 17.11B
Operating Income 5.78B
Pretax Income 8.06B
Net Income 6.07B
EBITDA 6.77B
EBIT 5.78B
Earnings Per Share (EPS) 9.81
Full Income Statement

Balance Sheet

The company has 23.62 billion in cash and 1.42 billion in debt, with a net cash position of 22.19 billion or 35.90 per share.

Cash & Cash Equivalents 23.62B
Total Debt 1.42B
Net Cash 22.19B
Net Cash Per Share 35.90
Equity (Book Value) 75.54B
Book Value Per Share 122.16
Working Capital 30.51B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 3.30 billion and capital expenditures -761.70 million, giving a free cash flow of 2.54 billion.

Operating Cash Flow 3.30B
Capital Expenditures -761.70M
Depreciation & Amortization 998.50M
Net Borrowing 1.05B
Free Cash Flow 2.54B
FCF Per Share 4.10
Full Cash Flow Statement

Margins

Gross margin is 40.84%, with operating and profit margins of 13.79% and 14.49%.

Gross Margin 40.84%
Operating Margin 13.79%
Pretax Margin 19.24%
Profit Margin 14.49%
EBITDA Margin 16.17%
EBIT Margin 13.79%
FCF Margin 6.05%

Dividends & Yields

This stock pays an annual dividend of 2.75, which amounts to a dividend yield of 1.87%.

Dividend Per Share 2.75
Dividend Yield 1.87%
Dividend Growth (YoY) -23.61%
Years of Dividend Growth 2
Payout Ratio 29.48%
FCF Payout Ratio 67.05%
Buyback Yield -0.13%
Shareholder Yield 1.75%
Earnings Yield 6.66%
FCF Yield 2.80%
Dividend Details

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside
Graham Formula Value
Graham Formula Upside

Analyst Forecast

The average price target for NSE:FINPIPE is 188.00, which is 27.74% higher than the current price. The consensus rating is "Buy".

Price Target 188.00
Price Target Difference 27.74%
Analyst Consensus Buy
Analyst Count 15
Revenue Growth Forecast (3Y) 8.42%
EPS Growth Forecast (3Y) 4.50%

Stock Splits

The last stock split was on April 15, 2021. It was a forward split with a ratio of 5.

Last Split Date Apr 15, 2021
Split Type Forward
Split Ratio 5

Scores

Altman Z-Score n/a
Piotroski F-Score 4