Finolex Industries Ltd (FINPIPE) — shareholding pattern, promoter holding, financials and share price
About Finolex Industries Ltd (FINPIPE)
Finolex Industries Ltd operates in the Plastic Products - Industrial industry, within the Capital Goods sector. It trades on the NSE as FINPIPE and on the BSE under scrip code 500940. Its ISIN is INE183A01024.
Finolex Industries Limited (FIL) is a leading manufacturer of PVC Resin and the largest producer of PVC Pipes & Fittings in India. The Company offers the latest range of superior quality and durable PVC-U pipes and fittings used in agriculture, construction and industrial operations. Its product portfolio consists of two major divisions: PVC Resin PVC Pipes & Fittings [1]
Finolex Industries Limited is India's largest backward integrated manufacturer of PVC pipes and fittings, primarily serving agriculture, plumbing, and sanitation sectors. The company also produces PVC resin supporting its operations.
Despite a 14% decline in volume due to extended monsoon, Finolex witnessed significant improvement in operating performance for Q3 FY26, with EBITDA rising to ₹123 Cr from ₹83 Cr in the same period last year.
Listed peers in Plastic Products - Industrial: Garware Hi Tech Films Ltd, Shaily Engineering Plastics Ltd, Time Technoplast Ltd, Kingfa Science & Technology (India) Ltd, Prince Pipes & Fittings Ltd, Jain Irrigation Systems Ltd.
Valuation & Returns
10 Jul 2026At ₹169.25 a share on 10 Jul 2026, Finolex Industries Ltd (FINPIPE) was valued at a price-to-earnings ratio of 17.53x against an industry P/E of 37x and a price-to-book of 1.72x on a book value of ₹98.26 per share as of Mar 2025. Solomo computes return on equity of 9.83% and return on capital employed of 13.04% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 17.53x
- Industry P/E
- 37x
- P/B
- 1.72x
- EPS (TTM)
- ₹9.65
- Book value / share
- ₹98.26
- ROE
- 9.83%
- ROCE
- 13.04%
- ROA
- 8.12%
- Debt / equity
- 0.04x
- Dividend yield
- 1.18%
- EBITDA margin
- 22.67%
- 52-week range
- ₹147.4 – ₹223
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Finolex Industries Ltd (FINPIPE) reported revenue of ₹4,113 crore, net profit of ₹599 crore and earnings per share of ₹9.65. That compares with revenue of ₹4,142 crore and net profit of ₹800 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹1,314 crore and net profit ₹261 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 4,647 | 4,397 | 4,317 | 4,142 | 4,113 |
| Net profit (₹ cr) | 1,051 | 251 | 474 | 800 | 599 |
| EPS (₹) | 16.94 | 4.04 | 7.63 | 12.89 | 9.65 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 4.27% | 6.77% | -3.76% | -4.06% |
| Profit growth | 13.22% | 19.13% | -9.62% | 68.93% |
| Stock price CAGR | 6% | -1% | -2% | -22% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 52.47% of Finolex Industries Ltd (FINPIPE) (unchanged from the previous quarter), foreign institutional investors (FII) hold 5.85% and domestic institutional investors (DII) hold 11.35%. Market capitalisation was ₹10,502 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: SBI CONSERVATIVE HYBRID FUND 5.97%, ANUJ ANANTRAI SHETH 3.35%, INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY M 2.11%, TEMPLETON INDIA VALUE FUND 1.87%, HITEN ANANTRAI SHETH 1.21%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 52.47% | - | 5.85% | 11.35% | 47.18% |
| Mar 2026 | 52.47% | - | 5.87% | 12.79% | 47.18% |
| Dec 2025 | 52.47% | - | 5.87% | 12.19% | 47.18% |
| Sep 2025 | 52.47% | - | 5.92% | 12.11% | 47.18% |
| Jun 2025 | 52.47% | - | 6.04% | 11.36% | 47.18% |
| Mar 2025 | 52.47% | - | 6.48% | 11.7% | 47.18% |
| Dec 2024 | 52.47% | - | 6.64% | 12.05% | 47.18% |
| Sep 2024 | 52.47% | - | 6.4% | 12.07% | 47.18% |