Finolex Industries Limited Share Price and Company Fundamentals



Price
₹162.8
Change
4.800 (3.038%)
52 week
121.5 - 214.1

Last traded: Last Friday at 10:00 AM

Finolex Industries Limited manufactures and sells polyvinyl chloride (PVC) pipes and fittings, and PVC resins in India. It operates in two segments, PVC Resin and PVC Pipes and Fittings. The company offers agriculture pipes and fittings; column pipes; casing pipes; solvent cement and lubricants; ASTM plumbing pipes and fittings; chlorinated PVC pipes and fittings; SWR pipes and fittings; sewerage pipes; and solvent cement lubricant and primer. It distributes its products through dealers and retail outlets. Finolex Industries Limited was founded in 1956 and is headquartered in Pune, India.

Key Metrics

PE ratio

14.35

PB ratio

2.49

Dividend yield

0.00%

Beta

0.59

Market cap

-

Enterprise value

-

Company profile

Industry / Sector Building Products & Equipment / Industrials
Full time employees 1379
Website https://www.finolexpipes.com
Mailing address D-1/10, M.I.D.C Chinchwad Pune 411019 India
Phone / Fax 91 20 2740 8200 / 91 20 2747 4444

Dividends

Dividend yield

0.00%

Dividend amount

₹0.00

Payout ratio

18.35%

Finolex Industries Limited paid ₹0.00 dividend and the ex-dividend date was 22 Aug 2022.The dividend payout ratio is 18.35%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.FINPIPE dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

FINPIPE's forward dividend amount is ₹2 and the forward dividend yield is 1.22%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Dec 2022, following are the company executives and directors listed on Finolex Industries Limited.

Name Title Age Total Pay
Mr. Prakash Pralhad Chhabria B.Sc. Exec. Chairman 58 224.7M
Mr. Ashutosh B. Kulkarni Company Sec. & Compliance Officer
Mr. Anil Vithaldas Whabi A.C.A., B.Sc. Additional Whole-time Director 61 64.9M
Mr. Ajit Venkataraman Chief Exec. Officer
Mr. Niraj R. Kedia Chief Financial Officer
Mr. S. Krishnamoorthy Gen. Mang. of Accounts & Fin.
Mr. Saumya Chakraborty Director of Technical & Additional Whole-Time Director
Mr. Diptesh Patel B.Sc. Chief Information Officer 49
Mr. Nitin G. Kulkarni B.Com., M.B.A. Pres of Sales & Marketing 54
Mr. Arun H. Sonawane Pres of Operation Pipes & Fittings 66

Profitability and management effectiveness

Profit margin

14.30%

Operating margin

8.76%

Return on assets

5.60%

Return on equity

18.29%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Finolex Industries Limited is and its enterprise value is .

The FINPIPE's stocks Beta value is 0.59 making it 41% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Finolex Industries Limited (NSE:FINPIPE) Frequently Asked Questions

1. What is Finolex Industries Limited's Stock Symbol?

Finolex Industries Limited trades on NSE under the ticker symbol "FINPIPE".

2. What is Finolex Industries Limited's stock price today?

One share of FINPIPE stock can currently be purchased for approximately ₹162.8.

3. How can I contact Finolex Industries Limited?

Finolex Industries Limited's mailing address is D-1/10, M.I.D.C Chinchwad Pune 411019 India. The company can be reached via phone at 91 20 2740 8200.

4. What is Finolex Industries Limited's official website?

The official website of Finolex Industries Limited is https://www.finolexpipes.com.