Latest news about Finolex Industries
Finolex Industries
173.03
+4.13(+2.45%)
Company Performance:
View Company Insights1D+2.45%
1M-2.71%
6M+4.75%
1Y-20.85%
5Y-0.18%
More news about Finolex Industries
05Feb 26
Finolex Industries Reports Strong Profitability Growth in Q3FY26 Despite Volume Decline
Finolex Industries reported strong profitability growth in Q3FY26 with EBITDA rising 48% to ₹123 crores despite 14% volume decline to 73,500 metric tons. Nine-month EBITDA grew 15% to ₹347 crores while volumes dropped 6% to 230,965 metric tons. The company benefits from backward integration with 65-70% in-house PVC resin production and maintains ₹2,430 crores net cash surplus. Management expects flattish to slight volume growth for full year FY26.
02Feb 26
Finolex Industries Uploads Q3FY26 Conference Call Audio Recording on Website
Finolex Industries Limited has made available the audio recording of its Q3FY26 financial results conference call on its official website under the investor section. The company notified stock exchanges about this upload in compliance with SEBI Regulation 30, following the original conference call intimation dated January 27, 2026. This initiative supports the company's transparency commitment alongside its Q3FY26 results that showed revenue decline of 10.3% but significant profit growth of 55.0%.
11Dec 25
Finolex Industries Appoints Shirish Panke as Head-Human Resources and Senior Management Personnel
Finolex Industries Limited has appointed Mr. Shirish Panke as Head-Human Resources and Senior Management Personnel effective December 11, 2025. The Board of Directors approved the appointment through a Circular Resolution based on the Nomination and Remuneration Committee's recommendation. Mr. Panke brings 29 years of strategic HR experience from leading organizations including Garware Fulflex, Tata Visteon Automotive, Hindustan Unilever, and PepsiCo India, with expertise in global people management, M&A integration, and leadership development across India, USA, and Europe.
10Nov 25
Finolex Industries Reports Robust Q2 Performance with Net Profit Soaring to ₹1.2 Billion
Finolex Industries, a leading pipes and fittings company, has reported exceptional Q2 FY2026 results. Net profit soared 133.3% to ₹1,200 million, while revenue grew 3.9% to ₹8,600 million. EBITDA saw a remarkable 983.3% increase to ₹1,300 million, with EBITDA margin expanding by 1,357 basis points to 15.02%. This performance indicates strong demand in the sector and effective cost management by the company.
07Nov 25
Finolex Industries Reports Robust Q2 Results with 10-Fold EBITDA Growth
Finolex Industries, a leading PVC pipes manufacturer, posted impressive Q2 FY26 results. Revenue increased by 3.66% to ₹858.74 crore. EBITDA surged by 1131.50% to ₹130.17 crore, with EBITDA margin expanding to 15.02%. Net profit more than doubled to ₹119.20 crore, up 131.73% year-on-year. The company's significant profitability improvement, despite modest revenue growth, indicates enhanced operational efficiency and effective cost management strategies.
02Aug 25
Finolex Industries Reports Mixed Q1 FY26 Results Amid PVC Price Volatility
Finolex Industries Limited reported a 9% revenue decline to ₹1,043.00 crore in Q1 FY26, with EBITDA falling to ₹94.00 crore from ₹207.00 crore in Q1 FY25. Profit before tax decreased by 45% to ₹126.00 crore. Despite challenges, pipe and fitting volumes grew 2% to 92,129 MT. The company maintained strong liquidity with ₹2,533.00 crore free cash. Marketing initiatives reached over 5 crore people. Board approved leadership changes, including appointment of Mr. Udipt Agarwal as future Managing Director and Mr. Rambabu Sanka as Director - Technical.
02Aug 25
Finolex Industries Announces Major Leadership Overhaul
Finolex Industries Limited has announced significant leadership changes. Udipt Agarwal will become Managing Director from November 1, 2025, while Rambabu Sanka joins as Director - Technical. Current MD Saurabh Dhanorkar will step down in October 2025. The company reported Q1 FY2026 revenue of ₹1,043.15 crore and net profit of ₹96.93 crore. The 44th Annual General Meeting is scheduled for September 12, 2025.
27May 25
Finolex Industries Anticipates Price Hike and Robust Growth in Pipe Segment
Finolex Industries anticipates price increases in June or July, driven by government initiatives. The company expects low capital expenditure for expanding its pipes business capacity. It projects close to double-digit growth in both agricultural and non-agricultural segments, with internal estimates exceeding 10%. The company's optimistic outlook spans across its diverse product portfolio, indicating a balanced growth strategy.
24May 25
Finolex Industries Q4 Results: Revenue Dips, Profit Steady Amid Margin Pressure
Finolex Industries reported Q4 results with a 5% revenue decline to ₹1,171.80 crore, while net profit remained flat at ₹165.00 crore. EBITDA fell 18% to ₹171.30 crore with margin contraction to 14.62%. Despite challenges, the company announced a dividend of ₹3.60 per share. Year-on-year, sales increased by 17.04%, and operating profit rose significantly by 105.40%, with improved operating margin from 8.33% to 14.62%.
23May 25
Finolex Industries Declares Dividend, Reports Q4 Financial Results
Finolex Industries has declared a total dividend of ₹3.60 per share, including a final dividend of ₹2.00 and a special dividend of ₹1.60. The company's Q4 financial results show a year-over-year decline with revenue down 5.10% to ₹11.72 billion, EBITDA falling 18.18% to ₹1.71 billion, and net profit decreasing 6.83% to ₹1.50 billion. However, the company demonstrated strong sequential growth, with net profit more than doubling from the previous quarter.
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3,499.70
(+0.25%)
1,526.00
(+0.98%)
6,225.00
(+6.57%)
3,132.60
(+1.74%)
173.03
(+2.45%)
172.03
(+2.40%)
5,196.00
(-1.39%)
283.20
(+6.23%)
501.75
(+5.88%)
30.86
(+0.95%)
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