Finolex Industries Limited - Company Profile

It is a manufacturing public limited company based in District Pune, Maharashtra, India, established in 1981.
1981 District Pune, Maharashtra, India Active
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About Finolex Industries Limited

Finolex Industries Limited, a active public limited company, was established on 28 March 1981 in District Pune, Maharashtra, India. Engaging in pipe & tubes within the manufacturing sector, it holds CIN: L40108PN1981PLC024153. Registered under ROC Roc Pune. it is listed on BSE: 500940 and NSE: FINPIPE. It has an authorized capital of ₹235.00 Cr and a paid-up capital of ₹124.10 Cr.

Formerly known as Finolex Pipes Limited, Finolex Pipes Private Limited. It upholds a compliant status. In 2024, it reported revenue of ₹4,498.54 Cr and a net worth of ₹5,537.84 Cr. Employing 1,506 professional, Its leadership includes Dakshinamurthy Vishwanathaniyer (Company Secretary), Aditya Sapru (Director), Saumya Chakrabarti (Whole-Time Director). Past directors included Anami Narayan Prema Roy, Kishandas Chhabria Parashram, Jagjit Singh Sampuran Singh Arora. It holds no open charges and ₹2,024.43 Cr settled loans. Its latest AGM occurred on 12 September 2025, with the balance sheet filed on 31 March 2025. It is based at Gat No.399, Village Urse, Taluka Maval,, District Pune, Maharashtra, 410506.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    L40108PN1981PLC024153

  • Registration Number

    024153

  • Incorporation Date

    28 March 1981

  • Authorized Capital

    ₹235.00 Cr

  • Paid-Up Capital

    ₹124.10 Cr

  • ROC Code

    Roc Pune

  • Listing Status

    Listed (BSE: 500940, NSE: FINPIPE)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 235.00 Cr
  • Paid Up Capital ₹ 124.10 Cr
  • Company Age 44 Year, 10 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 2,024.43 Cr
  • Revenue Growth **** -0.44%
  • Profit Growth **** 92.44%
  • Ebitda **** 99.92%
  • Net Worth 14.78%
  • Total Assets **** 12.06%
Company report

Finolex Industries Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Finolex Industries Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Finolex Industries Limited?
Current Directors
Name Designation Appointment Date Status
Dakshinamurthy Vishwanathaniyer Company Secretary 10 May 2024 Current
Aditya Sapru Director 19 Sep 2024 Current
Saumya Chakrabarti Whole-Time Director 30 Aug 2022 Current
Kanchan Uday Chitale Director 01 Apr 2019 Current
Debabrata Sarkar Director 19 Sep 2024 Current
Munesh Narinder Khanna Director 19 Sep 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 19 Sep 2020 Past
Pramod Abcsdd Managing Director 01 Feb 2008 Past
Pramod Abcsdd Whole-Time Director 01 Jan 2010 Past
Pramod Abcsdd Additional Director 13 Dec 2024 Past
Pramod Abcsdd Additional Director 01 Jun 2022 Past
Pramod Abcsdd Additional Director 19 Sep 2019 Past

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Financial Performance of Finolex Industries.

Finolex Industries Limited, for the financial year ended 2024, experienced Minor drop in revenue, with a 0.44% decrease. The company also saw a substantial improvement in profitability, with a 92.44% increase in profit. The company's net worth Soared by an impressive increase of 14.78%.

Finolex Industries revenue growth over time
Finolex Industries profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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-0.44%
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Revenue from Operations
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-1.81%
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Total Assets
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12.06%
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Profit or Loss
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92.44%
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Net Worth
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14.78%
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EBITDA
*******
99.92%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Finolex Industries?

In 2024, Finolex Industries had a promoter holding of 52.47% and a public holding of 47.53%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹20,244,320,000.00

Charges Breakdown by Lending Institutions
  • Bank Of India : 1395.75 Cr
  • Axis Trustee Services Limited : 250.00 Cr
  • Central Bank Of India : 100.00 Cr
  • Il&Fs Trust Company Limited : 100.00 Cr
  • Uti Bank Limited : 75.00 Cr
  • Others : 103.68 Cr
Latest Charge Details
Date Lender Amount Status
03 Apr 2014 Axis Trustee Services Limited ₹100.00 Cr Satisfied
28 Sep 2012 Central Bank Of India ₹100.00 Cr Satisfied
05 Mar 2010 Axis Trustee Services Limited ₹50.00 Cr Satisfied
16 Feb 2009 Axis Trustee Services Limited ₹100.00 Cr Satisfied
28 Mar 2008 Axis Bank Limited ₹34.52 Cr Satisfied

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How Many Employees Work at Finolex Industries?

Finolex Industries has a workforce of 1506 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Finolex Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Finolex Industries's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Finolex Industries
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Finolex Industries Limited last Annual general meeting of members was held on 12 Sep 2025 as per latest MCA records. was documented.

  • Director Appointment

    The activity Udipt Agarwal was appointed as a Managing Director was appointed as a Managing Director on 05 Sep 2025 & has been associated with this company since 5 months 6 days . was completed.

  • Director Appointment

    Rambabu Sanka was appointed as a Whole-time director was appointed as a Whole-time director on 02 Aug 2025 & has been associated with this company since 6 months 10 days . was recorded as a recent event.

  • Balance Sheet

    The activity Finolex Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune. was completed.

  • Director Appointment

    The activity Chandan Verma was appointed as a Cfo was appointed as a Cfo on 28 Jan 2025 & has been associated with this company since 1 year 12 days . was completed.

  • Director Appointment

    Pradeep Kanjibhai Udhas was appointed as a Director was appointed as a Director on 30 Sep 2024 & has been associated with this company since 1 year 4 months . was recorded as a recent event.

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Recent News, Updates & Announcement

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Frequently Asked Questions
What is the CIN of Finolex Industries Limited?

The CIN of Finolex Industries Limited is L40108PN1981PLC024153.

Where is Finolex Industries Limited headquartered?

Finolex Industries Limited is headquartered at Gat No.399, Village Urse, Taluka Maval,, District Pune, Maharashtra, 410506.

When was Finolex Industries Limited incorporated?

Finolex Industries Limited was incorporated on 28 March 1981.

Who are the current directors of Finolex Industries Limited?
What is the primary industry of Finolex Industries Limited?

The primary industry of Finolex Industries Limited is Manufacturing.

Is Finolex Industries Limited a listed company?

Finolex Industries Limited is listed. It is listed on BSE: 500940 and NSE: FINPIPE.

What is the capital structure of Finolex Industries Limited?

The authorized capital of Finolex Industries Limited is ₹235.00 Cr, and the paid-up capital is ₹124.10 Cr.

What is the compliance status of Finolex Industries Limited?

The compliance status of Finolex Industries Limited is Compliant.

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