Finolex Industries Limited - Company Profile

Q: Who are the current directors of Finolex Industries Limited?

The current directors of Finolex Industries Limited are Dakshinamurthy Vishwanathaniyer, Aditya Sapru, Saumya Chakrabarti, Kanchan Uday Chitale, Debabrata Sarkar, Munesh Narinder Khanna, Vijay Nautamlal Bhatt, Pradeep Kanjibhai Udhas, Prakash Pralhad Chhabria, Ritu Prakash Chhabria, Chandan Verma, Dakshinamurthy Vishwanathan Iyer, Rambabu Sanka, Udipt Agarwal.

It is a manufacturing public limited company based in District Pune, Maharashtra, India, established in 1981.

1981 District Pune, Maharashtra, India Active

Last Updated: January 05, 2026

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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

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 as on 05-01-2026
Paid Up Capital ₹ 124.10 Cr as on 05-01-2026
Company Age 44 Year, 11 Months
Last Filing with ROC 31 Mar 2025
Satisfied Charges ₹ 2,024.43 Cr as on 05-01-2026
Revenue Growth **** -0.44% (FY 2024)
Profit Growth **** 92.44% (FY 2024)
Ebitda **** 99.92% (FY 2024)
Net Worth 14.78% (FY 2024)
Total Assets **** 12.06% (FY 2024)

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%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

-0.44%

*******

Revenue from Operations

*******

-1.81%

*******

Total Assets

*******

12.06%

*******

Profit or Loss

*******

92.44%

*******

Net Worth

*******

14.78%

*******

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)

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

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Deals i

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

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

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

Finolex Industries Limited last Annual general meeting of members was held on 12 Sep 2025 as per latest MCA records. was recorded as a recent event.
12 Sep 2025
Director Appointment

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 6 months 22 days . was recorded as a recent event.
05 Sep 2025
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 7 months 25 days . was recorded as a recent event.
02 Aug 2025
Balance Sheet

Progress on Finolex Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune. was documented.
31 Mar 2025
Director Appointment

Progress on 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 1 month . was documented.
28 Jan 2025
Director Appointment

The activity 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 5 months . was completed.
30 Sep 2024

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