Finolex Industries Ltd

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Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
93.94% Gain from 52W Low
45.7
TTM PE Ratio
Below industry Median
43.2
Price to Book Ratio
Above industry Median
3.6
Dividend yield 1yr %
Below industry Median
0.5
TTM PEG Ratio
PEG TTM is less than 1
0.5
RSI
RSI is mid-range
57.8
MFI
MFI is mid-range
52.7

Finolex Industries Ltd Key Financials

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*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

Finolex Industries Ltd shareholding Pattern

Promoter
52.5%
Foreign Institutions
6.4%
Mutual Funds
10%
Domestic Institutions
11%
Public
29.8%
Promoter
52.5%
Foreign Institutions
6.4%
Mutual Funds
11.4%
Domestic Institutions
12%
Public
28.8%
Promoter
52.5%
Foreign Institutions
6.7%
Mutual Funds
11.5%
Domestic Institutions
12.2%
Public
28.4%
Promoter
52.5%
Foreign Institutions
5.8%
Mutual Funds
11.3%
Domestic Institutions
11.9%
Public
29.5%
Promoter
52.5%
Foreign Institutions
5.5%
Mutual Funds
11.7%
Domestic Institutions
12.3%
Public
29.4%
Promoter
52.5%
Foreign Institutions
5.4%
Mutual Funds
11.1%
Domestic Institutions
11.6%
Public
30.2%

Finolex Industries Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
11
Bearish Moving Averages
5
5Day EMA
334.90
10Day EMA
333.80
12Day EMA
332.30
20Day EMA
324.70
26Day EMA
318.60
50Day EMA
297.80
100Day EMA
271.40
200Day EMA
244.50
5Day SMA
335.90
10Day SMA
338.20
20Day SMA
326.20
30Day SMA
313.20
50Day SMA
292.00
100Day SMA
258.00
150Day SMA
243.10
200Day SMA
237.60
Delivery & Volume
Resistance & Support
332.33
Pivot
Resistance
First Resistance
337.37
Second Resistance
343.33
Third Resistance
348.37
Support
First Support
326.37
Second support
321.33
Third Support
315.37
Relative Strength Index
57.75
Money Flow Index
52.73
MACD
13.75
MACD Signal
15.64
Average True Range
14.94
Average Directional Index
47.70
Rate of Change (21)
12.15
Rate of Change (125)
55.22
Peer comparison
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Company
Market Price
Market Cap
52W Low
52W High
Astral Ltd.
60634.49
1740
2352
Jai Corp Ltd.
6865.84
161.15
424
Jain Irrigation Systems Ltd.
5081
38.25
79.51
Supreme Industries Ltd.
78202.82
2975
6460
Time Technoplast Ltd.
6826.03
114.2
314.95
Prince Pipes & Fittings Ltd.
7554.64
521.35
776

Finolex Industries Ltd Company background

Founded in: 1981
Managing director: Anil V Whabi
Finolex Industries Ltd (formerly Finolex Pipes Ltd) was incorporated in 28 March 1981. The Company offer a wide range of PVC pipes and fittings suitable for applications in agriculture, plumbing and sanitation. With stateoftheart manufacturing facilities in Maharashtra and Gujarat, it has a pipes and fittings production capacity of 4,00,000 metric tons per annum and a PVC resin manufacturing capacity of 2,72,000 MT per annum. It has a widespread presence throughout the country, with a network of over 21,000 retail outlets ably supported by more than 900 dealers and subdealers. Presently, the Company is engaged in business of manufacturing PVC Pipes Fittings and PVC Resin. The Company is Indias largest and only backward integrated PVC Pipes and Fittings manufacturer. It entered into a technical collaboration with UHDE, Germany, for licensing and technical knowhow of Hoechsts process for manufacturing PVC resin and providing basic engineering. During the year 19992000, the company commissioned their new PVC extruded, rigid pipes plant at Ratnagiri in Maharashtra. Also, they commissioned an additional EDC cracker during the year. During the year 200102, they divested their two shares of Rs 10 each in Finolex Polymers Ltd. Consequently, Finolex Polymers Ltd ceased to be the subsidiary of the company.During the year 200304, the company signed License and Technical Service Agreement with Oxy Vinyl, USA. They signed Technical agreement with Aker Kvaerner Netherlands for Basic Engineering and Design Development for the VCM plant. Also, for Detailed Engineering Site Supervision, Procurement, Management etc for the PVC Plant, they signed with Udhe India Ltd.During the year 200506, the company signed a Letter of Intent with I M Skaugen ASA, Norway for carrying out a study for viability and cost effectiveness of the planned LNG Supply Chain intended to be set up in India. In February 2006, PVC expansion project commenced production of PVC resin.During the year 200607, the company expanded their PVC Pipes capacity from 65,000 MT to 85,000 MT. Also, they acquired 20 acres of land at Urse for setting up of a new plant for manufacturing of PVC Pipes. In May 2008, the new plant for manufacture of PVC pipes at Urse became operational and the installed capacity for manufacturing of PVC pipes reached 100000 MT per annum. During the financial year 201213, Finolex Industries commissioned a stateoftheart PVC pipes manufacturing plant at Masar in Vadodara with an initial capacity of 30,000 tons per annum (tpa). During the year, the companys aggregate capacity of PVC pipes and fittings crossed 2 lakh tpa.During the financial year 201314, Finolex Industries increased capacity at its PVC pipes plant at Masar, Vadodara from 30,000 tpa to 50,000 tpa. During the year, the company started consuming captive power at its plant in Pune.On 6 November 2014, Finolex Industries announced that the company is planning to increase its capacity of PVC pipes and fittings plants by about 40% to 3.2 lakh tonnes through an additional capital expenditure of Rs 90 crore spread over three years.During the financial year 201516, Finolex Industries added 30,000 MT capacity of pipes and fittings spread across its three plants, taking total installed capacity to 2.8 lakh MTPA.During the financial year 201617, Finolex Industries tiedup with the American company Lubrizol Corporation, inventors and the largest manufacturers of the CPVC compound worldwide. The agreement is for supply of CPVC compound for the production and sale of Finolex FlowGuard Plus pipes and fittings in India, mainly catering to the building and construction industry. The tieup will strengthen the companys track record of providing superior products for the domestic market.During the financial year 201718, 40,000 MT capacity was added to PVC pipes fittings and with this addition, the total capacity of PVC pipes and fittings stands at 330,000 MTPA. The sales volume for PVC pipes fittings was 252,036 MT for the financial year ended 31st March, 2018 as against 2,09,419 MT for the financial year ended 31st March, 2017. During the financial year 201819, 40,000 MT capacity was added to PVC pipes fittings and with this addition, the total capacity of PVC pipes fittings stands at 370,000 MTPA. The sales volume for PVC pipes fittings was 262,858 MT for the financial year ended 31 March 2019 as against 252,036 MTPA for the financial year ended 31 March 2018.The company bagged the Brand Leadership award given to Finolex Industries at the Pune Best Brand Awards in Real Estate Sector by the Global Real Estate Congress in October 2018. Finolex Industries received the Indywood CSR Excellence Award for Best CSR practices in Speciality Healthcare in December 2018. The total capacity of PVC pipes fittings stands at 3,70,000 MTPA. The sales volume for PVC pipes fittings was 2,54,958.25 MT for the financial year ended 31 March 2020 as against 2,62,858 MT for the financial year ended 31 March 2019.The Companys factories which had to suspend operations temporarily from the 23 March 2020, due to Governments directives relating to the Novel Corona Virus causing Covid 19, have resumed operations in phased manner at different plants from 29 April 2020 onwards in accordance with the guidelines and norms prescribed by the Government authorities.During the period 202223, Company commenced commercial operations of PVC fittings at a new stateoftheart manufacturing facility at Talegaon, Pune (Maharashtra) with effect from March 12, 2023.
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Finolex Industries Ltd FAQs

Finolex Industries Ltd shares are currently priced at 329.8 on NSE and 329.95 on BSE as of 6/18/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Finolex Industries Ltd [FINPIPE] share was 87.97. The Finolex Industries Ltd [FINPIPE] share hit a 1-year low of Rs. 170.05 and a 1-year high of Rs. 355.9.

The market cap of Finolex Industries Ltd is Rs. 20562.6 Cr. as of 6/18/2024 12:00:00 AM.

The PE ratios of Finolex Industries Ltd is 45.17 as of 6/18/2024 12:00:00 AM.

The PB ratios of Finolex Industries Ltd is 3.71 as of 6/18/2024 12:00:00 AM

The Mutual Fund Shareholding was 10.03% at the end of 6/18/2024 12:00:00 AM.

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