Finolex Industries Limited

BSE: 500940 NSE: FINPIPE
Finolex Industries Limited - manufacturing in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN L40108PN1981PLC024153 Incorporated 28 March 1981 ROC Pune HQ Pune, Maharashtra, India
Active Listed - NSE: FINPIPE · BSE: 500940 Public Limited Company manufacturing Fortune India 500 · #484 BSE 500
Data last updated
Market Cap
₹8,976 Cr
FINPIPE · NSE
Share Price
₹144.66
-1.17% today
Revenue
₹4,113 Cr
FY 2025-26 · -0.7% YoY
EBITDA
₹679 Cr
Margin 16.5%
Net Profit
₹527 Cr
FY 2025-26 · +190.9% YoY
P/E (TTM)
15.0x
P/B 1.2x
ROE
9.7%
ROCE 12.6%
Debt / Equity
0.06
Interest cover 3.6x

About Finolex Industries Limited

Data last updated:

Finolex Industries Limited is a public limited company based in Pune, Maharashtra, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 28 March 1981 and has been in existence for over 45 years.

Finolex Industries is ranked #484 on the Fortune India 500 (2025). It is part of the BSE 500 index.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN L40108PN1981PLC024153. Its GSTIN is 07AAACF2634A1ZB (Delhi). The company holds 16 GST registrations, of which 10 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 500940 and NSE: FINPIPE.

The company has an authorised share capital of ₹235 Cr and a paid-up capital of ₹124.1 Cr. It was formerly known as Finolex Pipes Limited and Finolex Pipes Private Limited. It is led by directors including Udipt Agarwal (Managing Director) and Prakash Pralhad Chhabria (Whole-Time Director).

Its last annual general meeting (AGM) was held on 12 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gat No.399 Village Urse Taluka Maval, Pune, Maharashtra, India – 410506.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹4,113.43 Cr, a decline of 0.7% compared to the previous year. For the same year it recorded a net profit of ₹527.27 Cr (net margin 12.8%) and EBITDA of ₹678.86 Cr (EBITDA margin 16.5%). The net worth stands at ₹6,214.71 Cr (up 1.9% YoY). Total assets are valued at ₹6,707.5 Cr (up 4.9% YoY).

The company has about 1,506 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Finolex Pipes. As per MCA filings, the company has satisfied charges of ₹2,024.43 Cr on record. Court records list 222 cases involving the company, including 110 filed by the company and 112 filed against it; 36 cases are pending. The company has 11 deals on record (10 market trades, 1 funding round), with disclosed funding of ₹14.1 Lakh; the latest was in June 2026. The company has 21 MSME Form 1 returns on record between 2019 and 2024, listing 4,542 overdue payments to 441 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website finolexpipes.com.

Company details

CIN L40108PN1981PLC024153
Registration Number 024153
Incorporation Date 28 March 1981
ROC Pune
Listing Status Listed - Listed on NSE (FINPIPE); Listed on BSE (500940)
Company Status Active
Date of Last AGM 12 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Name history

Finolex Industries has undergone 2 name changes throughout its history. The company was previously known as Finolex Pipes Limited, and Finolex Pipes Private Limited. The current legal name is Finolex Industries Limited.

Company NameStatus
Finolex Industries LimitedCurrent
Finolex Pipes LimitedPrevious
Finolex Pipes Private LimitedPrevious

CIN history

Finolex Industries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L40108PN1981PLC024153, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L40108PN1981PLC024153Current
L25191PN1981PTC024153Previous
L25191PN1981PLC024153Previous
Key People
Udipt Agarwal Managing Director Prakash Pralhad Chhabria Whole-Time Director Rambabu Sanka Whole-Time Director

Recognitions & Rankings of Finolex Industries

Fortune India 500 2025 edition
Rank#484
Total income
₹4,820 Cr
Profit
₹800 Cr
Last year #459
India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#327
Valuation
₹17,130 Cr
2023 #312 2022 #377 2021 #255
Stock market indices
BSE 500

Contact details

Finolex Industries Limited's registered office is in Pune, Maharashtra. Its website is finolexpipes.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    finolexpipes.com
  • Social Media
  • Registered Address
    Gat No.399 Village Urse Taluka Maval, Pune, Maharashtra, India – 410506
  • Industry
    Manufacturing, Pipe & Tubes

To see the full contact details of Finolex Industries Limited, buy the company report.

Comprehensive company report
Finolex Industries Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Finolex Industries operates one associated brand: Finolex Pipes. Each brand links to its own profile.

BrandDescriptionWebsite
Finolex Pipes
Manufacturer of PVC pipes and fittings for plumbing and agriculturefinolexpipes.com

Business activity

The main business activity of Finolex Industries is manufacturing. In detail, this covers manufacture of rubber and plastics products and plastic products, non-metallic mineral products, rubber products, fabricated metal products. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing22Manufacture of rubber and plastics products
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Finolex Industries Limited, buy the company report.

Financials of Finolex Industries Limited

FY 2025-26 filings available

Finolex Industries Limited reported revenue of ₹4,113.43 Cr (down 0.7% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹4,113 Cr
-0.7% YoY
EBITDA
₹679 Cr
+42.7% YoY
Profit After Tax
₹527 Cr
+190.9% YoY
Net Worth
₹6,215 Cr
+1.9% YoY
Total Assets
₹6,708 Cr
+4.9% YoY
Total Debt
₹446 Cr
+88.2% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue4,1134,1424,3174,3974,6473,4622,985
Revenue growth-0.7%-4.1%-1.8%-5.4%+34.2%+16.0%-
EBITDA6794765852931,022989447
EBITDA margin+16.5%+11.5%+13.6%+6.7%+22.0%+28.6%+15.0%
Profit before tax8051,0436513211,383992418
Net profit527181429226757738333
Net profit margin+12.8%+4.4%+9.9%+5.2%+16.3%+21.3%+11.2%
EPS (₹)9.6912.947.664.0516.9411.8926.80
Balance sheet
Total assets6,7086,3926,1055,5284,2893,4222,347
Net worth6,2156,0975,6344,9033,9283,1391,986
Total debt446237394541278204283
Cash & bank60.3012531.6561.3481.0433693.21
Net working capital860581575512573750691
Cash flow
Cash from operations192383353308622941106
Cash from investing(156)8.34(82.97)(294)(440)(877)49.13
Cash from financing(49.09)(349)(277)(28.94)(190)(90.30)(105)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue8841,3148988591,0431,1721,001828
Revenue growth (YoY)-15.3%+12.1%-10.4%+3.7%-8.5%---
Other income75.5752.9563.4067.6769.4985.0065.6984.59
EBITDA10733212313093.5917183.4310.57
EBITDA margin+12.1%+25.3%+13.7%+15.2%+9.0%+14.6%+8.3%+1.3%
Depreciation27.4726.2126.4927.4426.6126.8927.3126.43
Interest6.877.753.024.305.516.1810.016.80
Profit before tax14835115716613122311261.93
Tax33.2889.7640.8942.5432.8058.6217.7821.26
Net profit11526111612498.1616594.0240.67
EPS (₹)1.854.231.882.001.592.661.520.66
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue4,1134,1424,3174,3974,6473,4622,985
Revenue growth-0.7%-4.1%-1.8%-5.4%+34.2%+16.0%-
EBITDA6794765852931,024989447
EBITDA margin+16.5%+11.5%+13.6%+6.7%+22.0%+28.6%+15.0%
Profit before tax7651,0056132971,385977393
Net profit509163410212759723318
Net profit margin+12.4%+3.9%+9.5%+4.8%+16.3%+20.9%+10.7%
EPS (₹)9.3912.587.363.8316.9811.7326.12
Balance sheet
Total assets6,5706,2746,0095,4504,2243,3562,291
Net worth6,0775,9785,5384,8253,8643,0731,930
Total debt446237394541278204283
Cash & bank60.3012531.6561.3481.0433693.21
Net working capital860581575512573750691
Cash flow
Cash from operations192383353308622941106
Cash from investing(156)8.34(82.97)(294)(440)(877)49.13
Cash from financing(49.09)(349)(277)(28.94)(190)(90.30)(105)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue8841,3148988591,0431,1721,001828
Revenue growth (YoY)-15.3%+12.1%-10.4%+3.7%-8.5%---
Other income75.3336.4452.4959.6064.6864.5748.4284.24
Total expenses7779827757299501,001918818
EBITDA10733212313093.5917183.4310.57
EBITDA margin+12.1%+25.3%+13.7%+15.2%+9.0%+14.6%+8.3%+1.3%
Depreciation27.4726.2126.4927.4426.6126.8927.3126.43
Interest6.877.753.024.305.516.1810.016.80
Profit before tax14833414615812620394.5361.58
Tax40.1580.2836.0738.8329.2252.5123.5710.14

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 10 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue8841,3148988591,0431,1721,001828
Revenue growth (YoY)-15.3%+12.1%-10.4%+3.7%-8.5%---
Other income75.5752.9563.4067.6769.4985.0065.6984.59
EBITDA10733212313093.5917183.4310.57
EBITDA margin+12.1%+25.3%+13.7%+15.2%+9.0%+14.6%+8.3%+1.3%
Depreciation27.4726.2126.4927.4426.6126.8927.3126.43
Interest6.877.753.024.305.516.1810.016.80
Profit before tax14835115716613122311261.93
Tax33.2889.7640.8942.5432.8058.6217.7821.26
Net profit11526111612498.1616594.0240.67
EPS (₹)1.854.231.882.001.592.661.520.66
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue4,1134,1424,3174,3974,6473,4622,985
Revenue growth-0.7%-4.1%-1.8%-5.4%+34.2%+16.0%-
Other income25470421814545887.7455.47
Total expenses3,4353,6663,7334,1053,6252,4732,537
Employee cost243222211190191167146
EBITDA6794765852931,022989447
EBITDA margin+16.5%+11.5%+13.6%+6.7%+22.0%+28.6%+15.0%
Depreciation10710711689.2083.4077.7273.81
Interest20.5829.6436.4527.2314.097.2711.28
Profit before tax8051,0436513211,383992418
Tax20624317770.5933225485.17
Net profit527181429226757738333
Net profit margin+12.8%+4.4%+9.9%+5.2%+16.3%+21.3%+11.2%
EPS (₹)9.6912.947.664.0516.9411.8926.80
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital124124124124124124124
Reserves & surplus6,0915,9735,5114,7793,8043,0151,862
Shareholders' funds (net worth)6,2156,0975,6344,9033,9283,1391,986
Minority interest0.000.000.000.000.000.000.00
Secured loans0.000.000.000.000.00134267
Unsecured loans44623739454127869.3915.79
Total debt446237394541278204283
Total liabilities6,7086,3926,1055,5284,2893,4222,347
Assets
Gross block2,8742,7672,7092,6002,4512,3912,334
Net block1,0171,0081,0551,0559931,0021,017
Capital work in progress27.8573.1718.8743.829.468.157.28
Investments4,9694,9104,5863,9522,7181,679656
Inventories1,0267827286731,015919858
Sundry debtors36237945829833414873.17
Cash & bank balances60.3012531.6561.3481.0433693.21
Loans & advances87.2544.7576.9387.7662.4778.8575.58
Total current assets1,5361,3321,2941,1201,4931,4821,100
Total current liabilities676750719607921732409
Net working capital860581575512573750691
Total assets6,7086,3926,1055,5284,2893,4222,347
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash44.392.158.5623.5531.4057.296.52
Net cash from operating activities192383353308622941106
Net cash from investing activities(156)8.34(82.97)(294)(440)(877)49.13
Net cash from financing activities(49.09)(349)(277)(28.94)(190)(90.30)(105)
Net change in cash(12.99)42.24(6.41)(14.99)(7.85)(25.89)50.77
Closing cash60.3012531.6561.3481.0433693.21
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-0.7%-4.1%-1.8%-5.4%+34.2%+16.0%-
EBITDA growth+42.7%-18.7%+99.9%-71.4%+3.3%+121.1%-
PBT growth-22.8%+60.4%+102.5%-76.8%+39.4%+137.4%-23.8%
Net income growth+190.9%-57.8%+89.5%-70.1%+2.5%+121.6%-
Revenue CAGR (3Y)-2.2%-3.8%+7.6%+13.8%+14.6%+8.1%+4.7%
EBITDA CAGR (3Y)+32.4%-22.5%-16.1%-13.2%+21.1%+26.9%-7.4%
Profitability & leverage
Net income margin+14.6%+19.3%+11.0%+5.7%+22.6%+21.3%+11.2%
Return on capital employed+12.6%+9.1%+11.8%+6.4%+26.3%+34.6%+16.9%
Return on net worth+9.7%+3.1%+9.0%+5.1%+21.4%+28.8%+14.6%
Debt / equity0.060.050.090.090.070.090.08
Long-term debt / equity0.000.000.000.000.000.000.00
Interest cover3.608.037.7713.391.500.803.02
Efficiency & per share
Fixed asset turnover1.461.511.631.741.921.471.32
Inventory turnover4.555.486.165.214.813.904.04
Debtors turnover11.099.9011.4313.9119.2731.3140.47
EPS (₹)9.6912.947.664.0516.9411.8926.80
Dividend per share (₹)2.753.602.501.504.004.0010.00
Book value per share (₹)100.5098.6091.1279.2963.3050.59160.03
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue8841,3148988591,0431,1721,001828
Revenue growth (YoY)-15.3%+12.1%-10.4%+3.7%-8.5%---
Other income75.3336.4452.4959.6064.6864.5748.4284.24
Total expenses7779827757299501,001918818
EBITDA10733212313093.5917183.4310.57
EBITDA margin+12.1%+25.3%+13.7%+15.2%+9.0%+14.6%+8.3%+1.3%
Depreciation27.4726.2126.4927.4426.6126.8927.3126.43
Interest6.877.753.024.305.516.1810.016.80
Profit before tax14833414615812620394.5361.58
Tax40.1580.2836.0738.8329.2252.5123.5710.14
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue4,1134,1424,3174,3974,6473,4622,985
Revenue growth-0.7%-4.1%-1.8%-5.4%+34.2%+16.0%-
Other income21366518112145972.4830.84
Total expenses3,4353,6663,7334,1053,6242,4732,537
Employee cost243222211190191167146
EBITDA6794765852931,024989447
EBITDA margin+16.5%+11.5%+13.6%+6.7%+22.0%+28.6%+15.0%
Depreciation10710711689.2083.4077.7273.81
Interest20.5829.6436.4527.2314.097.2711.28
Profit before tax7651,0056132971,385977393
Tax18422715860.9033224968.99
Net profit509163410212759723318
Net profit margin+12.4%+3.9%+9.5%+4.8%+16.3%+20.9%+10.7%
EPS (₹)9.3912.587.363.8316.9811.7326.12
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital124124124124124124124
Reserves & surplus5,9545,8555,4144,7013,7402,9491,806
Shareholders' funds (net worth)6,0775,9785,5384,8253,8643,0731,930
Secured loans0.000.000.000.000.00134267
Unsecured loans44623739454127869.3915.79
Total debt446237394541278204283
Total liabilities6,5706,2746,0095,4504,2243,3562,291
Assets
Gross block2,8742,7672,7092,6002,4512,3912,334
Net block1,0171,0081,0551,0559931,0021,017
Capital work in progress27.8573.1718.8743.829.468.157.28
Investments4,7824,7514,4563,8502,6331,592580
Inventories1,0267827286731,015919858
Sundry debtors36237945829833414873.17
Cash & bank balances60.3012531.6561.3481.0433693.21
Loans & advances87.2544.7576.9387.7662.4778.8575.58
Total current assets1,5361,3321,2941,1201,4931,4821,100
Total current liabilities676750719607921732409
Net working capital860581575512573750691
Total assets6,5706,2746,0095,4504,2243,3562,291
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash44.392.158.5623.5531.4057.296.52
Net cash from operating activities192383353308622941106
Net cash from investing activities(156)8.34(82.97)(294)(440)(877)49.13
Net cash from financing activities(49.09)(349)(277)(28.94)(190)(90.30)(105)
Net change in cash(12.99)42.24(6.41)(14.99)(7.85)(25.89)50.77
Closing cash60.3012531.6561.3481.0433693.21
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-0.7%-4.1%-1.8%-5.4%+34.2%+16.0%-
EBITDA growth+42.7%-18.7%+99.9%-71.4%+3.5%+121.1%-
PBT growth-23.9%+63.8%+106.2%-78.5%+41.8%+148.4%-26.6%
Net income growth+212.7%-60.3%+93.3%-72.1%+5.0%+127.3%-
Revenue CAGR (3Y)-2.2%-3.8%+7.6%+13.8%+14.6%+8.1%+4.7%
EBITDA CAGR (3Y)+32.4%-22.5%-16.1%-13.2%+21.1%+26.9%-7.4%
Profitability & leverage
Net income margin+14.1%+18.8%+10.6%+5.4%+22.7%+21.0%+10.9%
Return on capital employed+12.2%+8.7%+11.3%+6.0%+26.8%+34.9%+16.2%
Return on net worth+9.6%+2.8%+8.8%+4.9%+21.9%+29.1%+14.5%
Debt / equity0.060.050.090.090.070.100.08
Long-term debt / equity0.000.000.000.000.000.000.00
Interest cover3.608.037.7713.391.500.803.02
Efficiency & per share
Fixed asset turnover1.461.511.631.741.921.471.32
Inventory turnover4.555.486.165.214.813.904.04
Debtors turnover11.099.9011.4313.9119.2731.3140.47
EPS (₹)9.3912.587.363.8316.9811.7326.12
Dividend per share (₹)2.753.602.501.504.004.0010.00
Book value per share (₹)98.2896.6889.5678.0362.2749.52155.50

To see the full year-wise statements and ratios of Finolex Industries Limited, buy the company report.

Board of directors of Finolex Industries Limited

Finolex Industries has 10 current directors and 34 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kanchan Uday Chitale
Also directs: In Entertainment (India) Limited, Hinduja Realty Ventures Limited, Hinduja Group Limited and 3 more
Director01 Apr 20197 Years 7 MonthsCurrent
Ritu Prakash ChhabriaDirector21 Mar 201511 Years 7 MonthsCurrent
Prakash Pralhad Chhabria
Also directs: Harkrishan Agri Farms Private Limited, Prathamesh Agri Farms Private Limited, Orchid Agri Farms Private Limited and 3 more
Whole-Time Director13 Mar 199234 Years 7 MonthsCurrent
Rambabu SankaWhole-Time Director02 Aug 20251 Years 3 MonthsCurrent
Udipt AgarwalManaging Director05 Sep 20251 Years 2 MonthsCurrent
Aditya Sapru
Also directs: Jyothy Labs Limited, Gocl Corporation Limited, Switch Mobility Automotive Limited and 4 more
Director19 Sep 20242 Years 1 MonthsCurrent
Showing 6 of 10 current directors. View all directors

Auditor

Finolex Industries Limited is audited by WALKER CHANDIOK AND COMPANY LLP for the financial year 2025.

Auditor firmFinancial yearFirm registration number
WALKER CHANDIOK AND COMPANY LLPFY 2025001076N/N500013

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 52.50%, foreign institutional investors hold 5.80%, domestic institutional investors hold 11.40% and retail and other public shareholders hold 30.30%.

Promoters: 52.50%DII (Domestic Institutional): 11.40%FII (Foreign Institutional): 5.80%Retail & Others: 30.30%
Sep 2026
QUARTER
52.50% Promoters
11.40% DII (Domestic Institutional)
5.80% FII (Foreign Institutional)
30.30% Retail & Others
Promoter holding - history
Now 52.50% · Sep 2026High 52.50% · Dec 2025Low 52.50% · Dec 2025
51%51.8%52.5%53.3%54%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 52.50%Mar 2026: 52.50%Jun 2026: 52.50%Sep 2026: 52.50%52.50%52.50%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters52.50%52.50%52.50%52.50%
Public47.50%47.50%47.50%47.50%

Charges & borrowings

Open charges
None
Satisfied charges
₹2,024.43 Cr
Breakdown by lending institutions
Bank of India₹1,395.75 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
DateCharge IDLenderAmountStatusModified or satisfied on
03 Apr 201410525450Axis Trustee Services Limited₹100 CrSatisfied
28 Sep 201210382832Central Bank of India₹100 CrSatisfied
05 Mar 201010206653Axis Trustee Services Limited₹50 CrSatisfied
16 Feb 200910154826Axis Trustee Services Limited₹100 CrSatisfied
28 Mar 200810106975Axis Bank Limited₹34.52 CrSatisfied

To see the full charge records of Finolex Industries Limited, buy the company report.

Total charge records: 11 View all charges

Deals & funding

Finolex Industries Limited has 11 deals on record (10 market trades, 1 funding round), with disclosed funding of ₹14.1 Lakh; the latest was in June 2026.

Total deals
11
Market trades
10
Funding round
1
Disclosed funding
₹14.1 Lakh

Deals on record (5 of 11)

WhenDealAmountParties
Jun 2026Market trade₹64.08 CrSeller: HDFC Life Insurance Company Limited
Mar 2025Market trade₹79.21 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP
Dec 2024Market trade₹140.57 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP
Feb 2018Market trade₹100.43 CrSeller: Prescient Wealth Management Private Limited
Aug 2007Market trade₹5.74 CrBuyer: Anvil Fintrade Private Limited
Seller: an individual

To see the full deal history of Finolex Industries Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Finolex Industries Limited was last rated by Indiarating on 13 Oct 2021.

Rating agencyRated onRating
Indiarating13 Oct 2021

To see the full credit ratings and regulatory alerts of Finolex Industries Limited, buy the company report.

MSME payment delays

Finolex Industries Limited has 21 MSME Form 1 returns on record between 2019 and 2024, listing 4,542 overdue payments to 441 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 441)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
Norton Gaskets Private Limited
Neoseal Adhesive Private Limited
an individual supplier

To see the full MSME payment records of Finolex Industries Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Finolex Industries has 2 associated companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.

2
Associated companies

Employees & EPFO

Finolex Industries Limited has a workforce of 1,506 employees on its EPFO records as of Apr 03, 2024, across 3 active EPFO establishments.

Employee count
1,506
Active EPFO establishments
3
Employee growth
4.66%

GST

Finolex Industries has 16 GST registrations: 10 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
16
Active
10
Cancelled / inactive
6
GSTINStateStatusRegistered on
07AAACF2634A1ZBDelhiActive01 Jul 2017
23AAACF2634A1ZHMadhya PradeshActive01 Jul 2017
24AAACF2634A1ZFGujaratActive01 Jul 2017
27AAACF2634A1Z9MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Finolex Industries Limited, buy the company report.

Recent activity

Finolex Industries Limited has 69 board changes on record since 1981: 40 appointments and 29 cessations. The latest: Saurabh Sarvottam Dhanorkar ceased to be Managing Director on 25 Oct 2025.

Ceased
Saurabh Sarvottam Dhanorkar ceased to be Managing Director.
AGM
Finolex Industries Limited last Annual general meeting of members was held on 12 Sep 2025 as per latest MCA records.
Appointed
Udipt Agarwal was appointed as Managing Director.
Ceased
Saumya Chakrabarti ceased to be Whole-Time Director.
Ceased
Rajesh Balkrishna Rathi ceased to be Director.
Appointed
Rambabu Sanka was appointed as Whole-Time Director.
Filing
Finolex Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Ajit Venkataraman ceased to be Managing Director.
Appointed
Pradeep Udhas was appointed as Director.
Ceased
Anami Narayan Prema Roy ceased to be Director.
Ceased
Bhumika Batra ceased to be Director.
Ceased
Deepak Rasiklal Parikh ceased to be Director.

88 earlier events are in the company report.

News

FINPIPE: Q2 SL NET PROFIT 1.22B RUPEES VS 1.2B (YOY)
31 Oct 2026 · Exchange Update
FINPIPE: Q2 REVENUE 10.9B RUPEES VS 8.6B (YOY)
31 Oct 2026 · Exchange Update
FINPIPE: Q2 EBITDA 1.24B RUPEES VS 1.3B (YOY); Q2 EBITDA MARGIN 11.33% VS 15.02% (YOY)
31 Oct 2026 · Exchange Update

Frequently asked questions

Finolex Industries is an active public limited company based in Pune, Maharashtra, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 28 March 1981 (45+ years old) and is registered under CIN L40108PN1981PLC024153. Listed on BSE: 500940 and NSE: FINPIPE.

Finolex Industries reported revenue of ₹4,113.43 Cr for FY 2025-26 (down 0.7% YoY) based on consolidated financials.

Finolex Industries has 10 current directors:

The latest financial statements of Finolex Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Finolex Industries is 07AAACF2634A1ZB, registered in Delhi. The company has 16 GST registrations in all, of which 10 are active and 6 are cancelled or inactive. Other active GSTINs include 23AAACF2634A1ZH (Madhya Pradesh), 24AAACF2634A1ZF (Gujarat), 27AAACF2634A1Z9 (Maharashtra).

The CIN (Corporate Identification Number) of Finolex Industries is L40108PN1981PLC024153. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Finolex Industries is a listed company as per MCA records. Its shares are listed on both BSE (code: 500940) and NSE (symbol: FINPIPE).

Finolex Industries has 222 court cases on record: 110 filed by the company and 112 filed against it. 36 are pending. Most are in the district courts.

Finolex Industries was incorporated on 28 March 1981, making it 45+ years old. It is registered with the Registrar of Companies, Pune.

Finolex Industries has 11 deals on record (10 market trades, 1 funding round), with disclosed funding of ₹14.1 Lakh; the latest was in June 2026.

Saurabh Sarvottam Dhanorkar ceased to be Managing Director on 25 Oct 2025. Udipt Agarwal was appointed as Managing Director on 05 Sep 2025. Saumya Chakrabarti ceased to be Whole-Time Director on 31 Aug 2025. Finolex Industries has 69 board changes on record in total.