Finolex Industries
174.69
-3.51(-1.97%)
Market Cap₹10,839.11 Cr
PE Ratio22.02
Company Performance:
1D-1.97%
1M-2.14%
6M-11.77%
1Y-16.10%
5Y+29.81%
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More news about Finolex Industries
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.
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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.
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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.
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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%.
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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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Finolex Industries
174.69
-3.51
(-1.97%)
1 Year Returns:-16.10%
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