About Finolex Industries Limited
Data last updated: 05 January 2026
Finolex Industries Limited is a public limited company based in District Pune, Maharashtra, India. It specialises in pipe and tubes, a part of the broader manufacturing sector. Incorporated on 28 March 1981, the company has been in operation for over 45 years.
Registered with ROC Pune under CIN L40108PN1981PLC024153. Listed on BSE: 500940 and NSE: FINPIPE.
Capital: an authorised share capital of ₹235 Cr and a paid-up capital of ₹124.1 Cr. Formerly known as Finolex Pipes Limited and Finolex Pipes Private Limited. It is led by directors including Dakshinamurthy Vishwanathaniyer and Aditya Sapru.
Last AGM: 12 September 2025. Financial statements filed for year ended 31 March 2025. Office: Gat No.399 Village Urse Taluka Maval, District Pune, Maharashtra, India – 410506.
As per the financials filed for FY 2025, the company reported a revenue of ₹4,388.6 Cr, a decline of 2% compared to the previous year.
The company has a workforce of approximately 1,506 employees as per the latest available data.
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.
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.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered AddressGat No.399 Village Urse Taluka Maval, District Pune, Maharashtra, India – 410506
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IndustryManufacturing, Pipe & Tubes
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Finolex Industries Limited
Finolex Industries Limited 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, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Finolex Industries Limited | Current |
| Finolex Pipes Limited | Previous |
| Finolex Pipes Private Limited | Previous |
CIN History of Finolex Industries Limited
Finolex Industries Limited 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.
| CIN | Status |
|---|---|
| L40108PN1981PLC024153 | Current |
| L25191PN1981PTC024153 | Previous |
| L25191PN1981PLC024153 | Previous |
Associated Brands with Finolex Industries Limited
Finolex Industries Limited operates one associated brand: Finolex Pipes. These brands represent Finolex Industries Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of PVC pipes and fittings for plumbing and agriculture | finolexpipes.com |
Business Activity of Finolex Industries Limited
Finolex Industries Limited is engaged in the principal business activity of manufacturing, with detailed activities including chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products, plastic products, non-metallic mineral products, rubber products, fabricated metal products. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | ********* |
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | ********* |
Auditor Details of Finolex Industries Limited
Finolex Industries Limited is audited by Walker Chandiok & CO LLP (ICAI peer reviewed, certificate valid till 2028-03-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Walker Chandiok & CO LLP (ICAI peer reviewed, certificate valid till 2028-03-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Finolex Industries Limited
Finolex Industries Limited is currently managed by 14 directors, with 42 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dakshinamurthy Vishwanathaniyer | Company Secretary | 10 May 2024 | 2 Years 1 Months | Current |
|
Aditya Sapru
Also directs:
Jyothy Labs Limited, Gocl Corporation Limited, Switch Mobility Automotive Limited and 4 more
|
Director | 19 Sep 2024 | 1 Years 9 Months | Current |
| Saumya Chakrabarti | Whole-Time Director | 30 Aug 2022 | 3 Years 10 Months | Current |
|
Kanchan Uday Chitale
Also directs:
In Entertainment (India) Limited, Hinduja Realty Ventures Limited, Hinduja Group Limited and 3 more
|
Director | 01 Apr 2019 | 7 Years 3 Months | Current |
| Debabrata Sarkar | Director | 19 Sep 2024 | 1 Years 9 Months | Current |
|
Munesh Narinder Khanna
Also directs:
Oneott Intertainment Limited, Gulf Oil Lubricants India Limited, Black Box Limited and 5 more
|
Director | 19 Sep 2024 | 1 Years 9 Months | Current |
Financials of Finolex Industries Limited FY 2026 filings available
Finolex Industries Limited reported revenue of ₹4,113.43 Cr (down 0.69% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹4,113.43 Cr | ₹4,141.97 Cr | ₹4,317.43 Cr | ₹4,397.05 Cr | ₹4,647.32 Cr | ₹3,462.82 Cr | ₹2,985.98 Cr |
| Other Income | ₹211.36 Cr | ₹246.63 Cr | ₹179.95 Cr | ₹120.92 Cr | ₹82.23 Cr | ₹71.55 Cr | ₹29.91 Cr |
| Total Income | ₹4,324.79 Cr | ₹4,388.6 Cr | ₹4,497.38 Cr | ₹4,517.97 Cr | ₹4,729.55 Cr | ₹3,534.37 Cr | ₹3,015.89 Cr |
| Cost of Materials Consumed | ₹2,597.98 Cr | ₹2,621.95 Cr | ₹2,744.92 Cr | ₹2,903.15 Cr | ₹2,801.75 Cr | ₹1,940.24 Cr | ₹2,037.71 Cr |
| Purchases of Stock-in-Trade | ₹61.52 Cr | ₹28.62 Cr | ₹31.99 Cr | ₹19.36 Cr | ₹14.71 Cr | ₹10 Cr | ₹13.84 Cr |
| Changes in Inventories | -₹263.25 Cr | ₹25.49 Cr | -₹40 Cr | ₹149.56 Cr | ₹32.6 Cr | -₹21.48 Cr | -₹108.88 Cr |
| Employee Benefit Expense | ₹242.6 Cr | ₹222.28 Cr | ₹211.39 Cr | ₹189.67 Cr | ₹190.84 Cr | ₹166.8 Cr | ₹145.55 Cr |
| Finance Costs | ₹20.58 Cr | ₹29.64 Cr | ₹36.45 Cr | ₹27.23 Cr | ₹14.09 Cr | ₹7.27 Cr | ₹11.91 Cr |
| Depreciation & Amortisation | ₹106.75 Cr | ₹106.71 Cr | ₹116.02 Cr | ₹89.2 Cr | ₹83.4 Cr | ₹77.72 Cr | ₹73.81 Cr |
| Other Expenses | ₹795.72 Cr | ₹767.83 Cr | ₹784.28 Cr | ₹842.77 Cr | ₹583.68 Cr | ₹377.95 Cr | ₹449.69 Cr |
| Total Expenses | ₹3,561.9 Cr | ₹3,802.52 Cr | ₹3,885.05 Cr | ₹4,220.94 Cr | ₹3,721.07 Cr | ₹2,558.5 Cr | ₹2,623.63 Cr |
| Profit Before Exceptional Items & Tax | ₹762.89 Cr | ₹586.08 Cr | ₹612.33 Cr | ₹297.03 Cr | ₹1,008.48 Cr | ₹975.87 Cr | ₹392.27 Cr |
| Exceptional Items | ₹0 | ₹416.99 Cr | ₹0 | ₹0 | ₹376.06 Cr | ₹0 | ₹0 |
| Profit Before Tax | ₹762.89 Cr | ₹1,003.07 Cr | ₹612.33 Cr | ₹297.03 Cr | ₹1,384.54 Cr | ₹975.87 Cr | ₹392.27 Cr |
| Total Tax Expense | ₹205.99 Cr | ₹243.21 Cr | ₹176.96 Cr | ₹70.59 Cr | ₹331.73 Cr | ₹254.27 Cr | ₹85.17 Cr |
| Net Profit | ₹599.05 Cr | ₹800.03 Cr | ₹473.59 Cr | ₹250.7 Cr | ₹1,051.34 Cr | ₹737.79 Cr | ₹332.66 Cr |
| attributable to Owners | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹1,152.98 Cr | ₹332.65 Cr |
| attributable to NCI | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Comprehensive Income | -₹258.62 Cr | -₹182.84 Cr | ₹350.36 Cr | ₹966.07 Cr | -₹14.31 Cr | ₹415.19 Cr | -₹623.38 Cr |
| Total Comprehensive Income | ₹340.43 Cr | ₹617.19 Cr | ₹823.95 Cr | ₹1,216.77 Cr | ₹1,037.03 Cr | ₹1,152.98 Cr | -₹290.72 Cr |
| EBITDA (computed) | ₹890.22 Cr | ₹722.43 Cr | ₹764.8 Cr | ₹413.46 Cr | ₹1,105.97 Cr | ₹1,060.86 Cr | ₹477.99 Cr |
| Basic EPS | ₹0.00 | ₹12.94 | ₹7.66 | ₹4.04 | ₹16.94 | ₹11.89 | ₹26.81 |
| Diluted EPS | ₹0.00 | ₹12.94 | ₹7.66 | ₹4.04 | ₹16.94 | ₹11.89 | ₹26.81 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹7,595.57 Cr | ₹7,381.93 Cr | ₹7,057.85 Cr | ₹6,285.07 Cr |
| Non-current Assets | ₹3,627 Cr | ₹3,906.1 Cr | ₹3,855.58 Cr | ₹3,392.7 Cr |
| Current Assets | ₹3,968.57 Cr | ₹3,475.83 Cr | ₹3,199.39 Cr | ₹2,892.37 Cr |
| Property, Plant & Equipment | ₹1,006.16 Cr | ₹987.1 Cr | ₹1,041.08 Cr | ₹1,037.57 Cr |
| Inventories | ₹1,025.96 Cr | ₹782.42 Cr | ₹728.03 Cr | ₹673.15 Cr |
| Trade Receivables | ₹362.31 Cr | ₹379.25 Cr | ₹457.63 Cr | ₹297.54 Cr |
| Cash & Equivalents | ₹31.4 Cr | ₹44.39 Cr | ₹2.15 Cr | ₹8.56 Cr |
| Equity (Net Worth) | ₹6,214.71 Cr | ₹6,096.87 Cr | ₹5,634.27 Cr | ₹4,903.07 Cr |
| Equity Share Capital | ₹123.67 Cr | ₹123.67 Cr | ₹123.67 Cr | ₹123.67 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹437.32 Cr | ₹221.08 Cr | ₹381.95 Cr | ₹526.41 Cr |
| Total Debt (computed) | ₹437.32 Cr | ₹221.08 Cr | ₹381.95 Cr | ₹526.41 Cr |
| Current Liabilities | ₹1,119.62 Cr | ₹977.66 Cr | ₹1,103.53 Cr | ₹1,135.99 Cr |
| Total Liabilities | ₹1,380.86 Cr | ₹1,285.06 Cr | ₹1,423.58 Cr | ₹1,382 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹191.75 Cr | ₹382.68 Cr | ₹353.3 Cr | ₹301.69 Cr | ₹621.99 Cr |
| Investing Cash Flow | -₹155.65 Cr | ₹8.34 Cr | -₹82.97 Cr | -₹287.74 Cr | -₹440.34 Cr |
| Financing Cash Flow | -₹49.09 Cr | -₹348.78 Cr | -₹276.74 Cr | -₹28.94 Cr | -₹189.5 Cr |
| Capital Expenditure | ₹64.98 Cr | ₹115.5 Cr | ₹86.35 Cr | ₹168.74 Cr | ₹84.41 Cr |
| Free Cash Flow (computed) | ₹126.77 Cr | ₹267.18 Cr | ₹266.95 Cr | ₹132.95 Cr | ₹537.58 Cr |
| Dividends Paid | ₹222.59 Cr | ₹154.6 Cr | ₹92.75 Cr | ₹248.19 Cr | ₹248.19 Cr |
| Net Change in Cash | -₹12.99 Cr | ₹42.24 Cr | -₹6.41 Cr | -₹14.99 Cr | -₹7.85 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1,313.88 Cr | ₹897.66 Cr | ₹858.74 Cr | ₹1,043.15 Cr | ₹1,171.81 Cr | ₹1,001.24 Cr | ₹828.43 Cr | ₹1,140.49 Cr | ₹1,235.42 Cr | ₹1,019.69 Cr | ₹883.15 Cr | ₹1,179.17 Cr |
| Other Income | ₹36.44 Cr | ₹52.49 Cr | ₹57.75 Cr | ₹64.68 Cr | ₹64.57 Cr | ₹48.42 Cr | ₹82.62 Cr | ₹54.9 Cr | ₹43.79 Cr | ₹35.12 Cr | ₹61.35 Cr | ₹40.26 Cr |
| Total Income | ₹1,350.32 Cr | ₹950.15 Cr | ₹916.49 Cr | ₹1,107.83 Cr | ₹1,236.38 Cr | ₹1,049.66 Cr | ₹911.05 Cr | ₹1,195.39 Cr | ₹1,279.21 Cr | ₹1,054.81 Cr | ₹944.5 Cr | ₹1,219.43 Cr |
| Cost of Materials Consumed | ₹631.77 Cr | ₹678.01 Cr | ₹659.08 Cr | ₹629.12 Cr | ₹727.19 Cr | ₹734.94 Cr | ₹564.52 Cr | ₹595.3 Cr | ₹674.35 Cr | ₹740.26 Cr | ₹654.47 Cr | ₹676.1 Cr |
| Purchases of Stock-in-Trade | ₹46.04 Cr | ₹4.93 Cr | ₹5 Cr | ₹5.55 Cr | ₹6.01 Cr | ₹5.36 Cr | ₹5.19 Cr | ₹12.06 Cr | ₹14.62 Cr | ₹6.96 Cr | ₹5.05 Cr | ₹5.36 Cr |
| Changes in Inventories | ₹8.44 Cr | -₹168.01 Cr | -₹171.85 Cr | ₹68.17 Cr | ₹34.69 Cr | -₹81.81 Cr | ₹11.39 Cr | ₹61.22 Cr | ₹84.93 Cr | -₹95 Cr | -₹128.96 Cr | ₹99.03 Cr |
| Employee Benefit Expense | ₹61.97 Cr | ₹70.27 Cr | ₹52.01 Cr | ₹58.35 Cr | ₹51.25 Cr | ₹57 Cr | ₹56.45 Cr | ₹57.58 Cr | ₹56.67 Cr | ₹52.57 Cr | ₹50.27 Cr | ₹51.88 Cr |
| Finance Costs | ₹7.75 Cr | ₹3.02 Cr | ₹4.3 Cr | ₹5.51 Cr | ₹6.18 Cr | ₹10.01 Cr | ₹6.8 Cr | ₹6.65 Cr | ₹7.31 Cr | ₹7.66 Cr | ₹12.46 Cr | ₹9.02 Cr |
| Depreciation & Amortisation | ₹26.21 Cr | ₹26.49 Cr | ₹27.44 Cr | ₹26.61 Cr | ₹26.89 Cr | ₹27.31 Cr | ₹26.43 Cr | ₹26.08 Cr | ₹26.68 Cr | ₹27.57 Cr | ₹27.38 Cr | ₹34.39 Cr |
| Other Expenses | ₹233.64 Cr | ₹189.38 Cr | ₹184.33 Cr | ₹188.37 Cr | ₹181.4 Cr | ₹202.32 Cr | ₹180.31 Cr | ₹207.68 Cr | ₹195.92 Cr | ₹195 Cr | ₹199.34 Cr | ₹194.33 Cr |
| Total Expenses | ₹1,015.82 Cr | ₹804.09 Cr | ₹760.31 Cr | ₹981.68 Cr | ₹1,033.61 Cr | ₹955.13 Cr | ₹851.09 Cr | ₹966.57 Cr | ₹1,060.48 Cr | ₹935.02 Cr | ₹820.01 Cr | ₹1,070.11 Cr |
| Profit Before Exceptional Items & Tax | ₹334.5 Cr | ₹146.06 Cr | ₹156.18 Cr | ₹126.15 Cr | ₹202.77 Cr | ₹94.53 Cr | ₹59.96 Cr | ₹228.82 Cr | ₹218.73 Cr | ₹119.79 Cr | ₹124.49 Cr | ₹149.32 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹416.99 Cr | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹334.5 Cr | ₹146.06 Cr | ₹156.18 Cr | ₹126.15 Cr | ₹202.77 Cr | ₹94.53 Cr | ₹59.96 Cr | ₹645.81 Cr | ₹218.73 Cr | ₹119.79 Cr | ₹124.49 Cr | ₹149.32 Cr |
| Total Tax Expense | ₹89.76 Cr | ₹40.89 Cr | ₹42.54 Cr | ₹32.8 Cr | ₹58.62 Cr | ₹17.78 Cr | ₹21.26 Cr | ₹145.58 Cr | ₹63.91 Cr | ₹36.1 Cr | ₹35.39 Cr | ₹41.56 Cr |
| Net Profit | ₹261.25 Cr | ₹116.08 Cr | ₹123.56 Cr | ₹98.16 Cr | ₹164.58 Cr | ₹94.02 Cr | ₹40.67 Cr | ₹500.73 Cr | ₹164.9 Cr | ₹95.4 Cr | ₹97.96 Cr | ₹115.33 Cr |
| attributable to Owners | ₹0 | - | ₹0 | - | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| attributable to NCI | ₹0 | - | ₹0 | - | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Comprehensive Income | ₹51.7 Cr | -₹127.71 Cr | -₹308.44 Cr | ₹125.83 Cr | -₹509.69 Cr | -₹438.92 Cr | -₹331.45 Cr | ₹1,097.22 Cr | -₹132.5 Cr | -₹103.16 Cr | ₹512.83 Cr | ₹73.19 Cr |
| Total Comprehensive Income | ₹312.95 Cr | -₹11.63 Cr | -₹184.88 Cr | ₹223.99 Cr | -₹345.11 Cr | -₹344.9 Cr | -₹290.78 Cr | ₹1,597.95 Cr | ₹32.4 Cr | -₹7.76 Cr | ₹610.79 Cr | ₹188.52 Cr |
| EBITDA (computed) | ₹368.46 Cr | ₹175.57 Cr | ₹187.92 Cr | ₹158.27 Cr | ₹235.84 Cr | ₹131.85 Cr | ₹93.19 Cr | ₹261.55 Cr | ₹252.72 Cr | ₹155.02 Cr | ₹164.33 Cr | ₹192.73 Cr |
| Basic EPS | ₹0.00 | ₹1.88 | ₹2.00 | ₹1.59 | ₹2.66 | ₹1.52 | ₹0.66 | ₹8.10 | ₹2.67 | ₹1.54 | ₹1.58 | ₹1.86 |
| Diluted EPS | ₹0.00 | ₹1.88 | ₹2.00 | ₹1.59 | ₹2.66 | ₹1.52 | ₹0.66 | ₹8.10 | ₹2.67 | ₹1.54 | ₹1.58 | ₹1.86 |
| Segment · Q4 FY25 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| PVC resin | ₹390 Cr | ₹51.32 Cr | ₹717.97 Cr | ₹217.32 Cr |
| PVC pipes and fittings | ₹1,168.4 Cr | ₹107.64 Cr | ₹1,558.9 Cr | ₹378.54 Cr |
| Segment · FY 2025 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| PVC resin | ₹1,660.01 Cr | ₹195.5 Cr | - | - |
| PVC pipes and fittings | ₹4,104.05 Cr | ₹235.63 Cr | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹4,113.43 Cr | ₹4,141.97 Cr | ₹4,317.43 Cr | ₹4,397.05 Cr | ₹4,647.32 Cr | ₹3,462.82 Cr | ₹2,985.98 Cr |
| Other Income | ₹213.21 Cr | ₹248.25 Cr | ₹181.11 Cr | ₹121.38 Cr | ₹83.16 Cr | ₹72.48 Cr | ₹30.84 Cr |
| Total Income | ₹4,326.64 Cr | ₹4,390.22 Cr | ₹4,498.54 Cr | ₹4,518.43 Cr | ₹4,730.48 Cr | ₹3,535.3 Cr | ₹3,016.82 Cr |
| Cost of Materials Consumed | ₹2,597.98 Cr | ₹2,621.95 Cr | ₹2,744.92 Cr | ₹2,903.15 Cr | ₹2,801.75 Cr | ₹1,940.24 Cr | ₹2,037.71 Cr |
| Purchases of Stock-in-Trade | ₹61.52 Cr | ₹28.62 Cr | ₹31.99 Cr | ₹19.36 Cr | ₹14.71 Cr | ₹10 Cr | ₹13.84 Cr |
| Changes in Inventories | -₹263.25 Cr | ₹25.49 Cr | -₹40 Cr | ₹149.56 Cr | ₹32.6 Cr | -₹21.48 Cr | -₹108.88 Cr |
| Employee Benefit Expense | ₹242.6 Cr | ₹222.28 Cr | ₹211.39 Cr | ₹189.67 Cr | ₹190.84 Cr | ₹166.8 Cr | ₹145.55 Cr |
| Finance Costs | ₹20.58 Cr | ₹29.64 Cr | ₹36.45 Cr | ₹27.23 Cr | ₹14.09 Cr | ₹7.27 Cr | ₹11.91 Cr |
| Depreciation & Amortisation | ₹106.75 Cr | ₹106.71 Cr | ₹116.02 Cr | ₹89.2 Cr | ₹83.4 Cr | ₹77.72 Cr | ₹73.81 Cr |
| Other Expenses | ₹795.72 Cr | ₹767.83 Cr | ₹784.28 Cr | ₹842.77 Cr | ₹583.68 Cr | ₹377.95 Cr | ₹449.69 Cr |
| Total Expenses | ₹3,561.9 Cr | ₹3,802.52 Cr | ₹3,885.05 Cr | ₹4,220.94 Cr | ₹3,721.07 Cr | ₹2,558.5 Cr | ₹2,623.63 Cr |
| Profit Before Exceptional Items & Tax | ₹764.74 Cr | ₹587.7 Cr | ₹613.49 Cr | ₹297.49 Cr | ₹1,009.41 Cr | ₹976.8 Cr | ₹393.19 Cr |
| Exceptional Items | ₹0 | ₹416.99 Cr | ₹0 | ₹0 | ₹376.06 Cr | ₹0 | ₹0 |
| Profit Before Tax | ₹764.74 Cr | ₹1,004.69 Cr | ₹613.49 Cr | ₹297.49 Cr | ₹1,385.47 Cr | ₹976.8 Cr | ₹393.19 Cr |
| Total Tax Expense | ₹184.4 Cr | ₹226.83 Cr | ₹158.19 Cr | ₹60.9 Cr | ₹332 Cr | ₹248.78 Cr | ₹68.99 Cr |
| Net Profit | ₹580.34 Cr | ₹777.86 Cr | ₹455.3 Cr | ₹236.59 Cr | ₹1,053.47 Cr | ₹728.02 Cr | ₹324.2 Cr |
| Other Comprehensive Income | -₹258.76 Cr | -₹182.74 Cr | ₹350.39 Cr | ₹966.05 Cr | -₹14.4 Cr | ₹415.05 Cr | -₹623.6 Cr |
| Total Comprehensive Income | ₹321.58 Cr | ₹595.12 Cr | ₹805.69 Cr | ₹1,202.64 Cr | ₹1,039.07 Cr | ₹1,143.07 Cr | -₹299.4 Cr |
| EBITDA (computed) | ₹892.07 Cr | ₹724.05 Cr | ₹765.96 Cr | ₹413.92 Cr | ₹1,106.9 Cr | ₹1,061.79 Cr | ₹478.91 Cr |
| Basic EPS | ₹9.39 | ₹12.58 | ₹7.36 | ₹3.82 | ₹16.98 | ₹11.73 | ₹26.13 |
| Diluted EPS | ₹0.00 | ₹12.58 | ₹7.36 | ₹3.82 | ₹16.98 | ₹11.73 | ₹26.13 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹7,407.7 Cr | ₹7,223.32 Cr | ₹6,927.72 Cr | ₹6,182.29 Cr |
| Non-current Assets | ₹3,439.13 Cr | ₹3,747.49 Cr | ₹3,725.45 Cr | ₹3,289.92 Cr |
| Current Assets | ₹3,968.57 Cr | ₹3,475.83 Cr | ₹3,199.39 Cr | ₹2,892.37 Cr |
| Property, Plant & Equipment | ₹1,006.16 Cr | ₹987.1 Cr | ₹1,041.08 Cr | ₹1,037.57 Cr |
| Inventories | ₹1,025.96 Cr | ₹782.42 Cr | ₹728.03 Cr | ₹673.15 Cr |
| Trade Receivables | ₹362.31 Cr | ₹379.25 Cr | ₹457.63 Cr | ₹297.54 Cr |
| Cash & Equivalents | ₹31.4 Cr | ₹44.39 Cr | ₹2.15 Cr | ₹8.56 Cr |
| Equity (Net Worth) | ₹6,077.36 Cr | ₹5,978.36 Cr | ₹5,537.84 Cr | ₹4,824.9 Cr |
| Equity Share Capital | ₹123.67 Cr | ₹123.67 Cr | ₹123.67 Cr | ₹123.67 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹437.32 Cr | ₹221.08 Cr | ₹381.95 Cr | ₹526.41 Cr |
| Total Debt (computed) | ₹437.32 Cr | ₹221.08 Cr | ₹381.95 Cr | ₹526.41 Cr |
| Current Liabilities | ₹1,119.62 Cr | ₹977.66 Cr | ₹1,103.53 Cr | ₹1,135.99 Cr |
| Total Liabilities | ₹1,330.34 Cr | ₹1,244.96 Cr | ₹1,389.88 Cr | ₹1,357.39 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹191.75 Cr | ₹382.68 Cr | ₹353.3 Cr | ₹301.69 Cr | ₹621.99 Cr |
| Investing Cash Flow | -₹155.65 Cr | ₹8.34 Cr | -₹82.97 Cr | -₹287.74 Cr | -₹440.34 Cr |
| Financing Cash Flow | -₹49.09 Cr | -₹348.78 Cr | -₹276.74 Cr | -₹28.94 Cr | -₹189.5 Cr |
| Capital Expenditure | ₹64.98 Cr | ₹115.5 Cr | ₹86.35 Cr | ₹168.74 Cr | ₹84.41 Cr |
| Free Cash Flow (computed) | ₹126.77 Cr | ₹267.18 Cr | ₹266.95 Cr | ₹132.95 Cr | ₹537.58 Cr |
| Dividends Paid | ₹222.59 Cr | ₹154.6 Cr | ₹92.75 Cr | ₹248.19 Cr | ₹248.19 Cr |
| Net Change in Cash | -₹12.99 Cr | ₹42.24 Cr | -₹6.41 Cr | -₹14.99 Cr | -₹7.85 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1,313.88 Cr | ₹897.66 Cr | ₹858.74 Cr | ₹1,043.15 Cr | ₹1,171.81 Cr | ₹1,001.24 Cr | ₹828.43 Cr | ₹1,140.49 Cr | ₹1,235.42 Cr | ₹1,019.69 Cr | ₹883.15 Cr | ₹1,179.17 Cr |
| Other Income | ₹36.44 Cr | ₹52.49 Cr | ₹59.6 Cr | ₹64.68 Cr | ₹64.57 Cr | ₹48.42 Cr | ₹84.24 Cr | ₹54.9 Cr | ₹43.79 Cr | ₹35.12 Cr | ₹62.51 Cr | ₹40.26 Cr |
| Total Income | ₹1,350.32 Cr | ₹950.15 Cr | ₹918.34 Cr | ₹1,107.83 Cr | ₹1,236.38 Cr | ₹1,049.66 Cr | ₹912.67 Cr | ₹1,195.39 Cr | ₹1,279.21 Cr | ₹1,054.81 Cr | ₹945.66 Cr | ₹1,219.43 Cr |
| Cost of Materials Consumed | ₹631.77 Cr | ₹678.01 Cr | ₹659.08 Cr | ₹629.12 Cr | ₹727.19 Cr | ₹734.94 Cr | ₹564.52 Cr | ₹595.3 Cr | ₹674.35 Cr | ₹740.26 Cr | ₹654.47 Cr | ₹676.1 Cr |
| Purchases of Stock-in-Trade | ₹46.04 Cr | ₹4.93 Cr | ₹5 Cr | ₹5.55 Cr | ₹6.01 Cr | ₹5.36 Cr | ₹5.19 Cr | ₹12.06 Cr | ₹14.62 Cr | ₹6.96 Cr | ₹5.05 Cr | ₹5.36 Cr |
| Changes in Inventories | ₹8.44 Cr | -₹168.01 Cr | -₹171.85 Cr | ₹68.17 Cr | ₹34.69 Cr | -₹81.81 Cr | ₹11.39 Cr | ₹61.22 Cr | ₹84.93 Cr | -₹95 Cr | -₹128.96 Cr | ₹99.03 Cr |
| Employee Benefit Expense | ₹61.97 Cr | ₹70.27 Cr | ₹52.01 Cr | ₹58.35 Cr | ₹51.25 Cr | ₹57 Cr | ₹56.45 Cr | ₹57.58 Cr | ₹56.67 Cr | ₹52.57 Cr | ₹50.27 Cr | ₹51.88 Cr |
| Finance Costs | ₹7.75 Cr | ₹3.02 Cr | ₹4.3 Cr | ₹5.51 Cr | ₹6.18 Cr | ₹10.01 Cr | ₹6.8 Cr | ₹6.65 Cr | ₹7.31 Cr | ₹7.66 Cr | ₹12.46 Cr | ₹9.02 Cr |
| Depreciation & Amortisation | ₹26.21 Cr | ₹26.49 Cr | ₹27.44 Cr | ₹26.61 Cr | ₹26.89 Cr | ₹27.31 Cr | ₹26.43 Cr | ₹26.08 Cr | ₹26.68 Cr | ₹27.57 Cr | ₹27.38 Cr | ₹34.39 Cr |
| Other Expenses | ₹233.64 Cr | ₹189.38 Cr | ₹184.33 Cr | ₹188.37 Cr | ₹181.4 Cr | ₹202.32 Cr | ₹180.31 Cr | ₹207.68 Cr | ₹195.92 Cr | ₹195 Cr | ₹199.34 Cr | ₹194.33 Cr |
| Total Expenses | ₹1,015.82 Cr | ₹804.09 Cr | ₹760.31 Cr | ₹981.68 Cr | ₹1,033.61 Cr | ₹955.13 Cr | ₹851.09 Cr | ₹966.57 Cr | ₹1,060.48 Cr | ₹935.02 Cr | ₹820.01 Cr | ₹1,070.11 Cr |
| Profit Before Exceptional Items & Tax | ₹334.5 Cr | ₹146.06 Cr | ₹158.03 Cr | ₹126.15 Cr | ₹202.77 Cr | ₹94.53 Cr | ₹61.58 Cr | ₹228.82 Cr | ₹218.73 Cr | ₹119.79 Cr | ₹125.65 Cr | ₹149.32 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹416.99 Cr | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹334.5 Cr | ₹146.06 Cr | ₹158.03 Cr | ₹126.15 Cr | ₹202.77 Cr | ₹94.53 Cr | ₹61.58 Cr | ₹645.81 Cr | ₹218.73 Cr | ₹119.79 Cr | ₹125.65 Cr | ₹149.32 Cr |
| Total Tax Expense | ₹80.28 Cr | ₹36.07 Cr | ₹38.83 Cr | ₹29.22 Cr | ₹52.51 Cr | ₹23.57 Cr | ₹10.14 Cr | ₹140.61 Cr | ₹57.3 Cr | ₹30.58 Cr | ₹31.87 Cr | ₹38.44 Cr |
| Net Profit | ₹254.22 Cr | ₹109.99 Cr | ₹119.2 Cr | ₹96.93 Cr | ₹150.26 Cr | ₹70.96 Cr | ₹51.44 Cr | ₹505.2 Cr | ₹161.43 Cr | ₹89.21 Cr | ₹93.78 Cr | ₹110.88 Cr |
| Other Comprehensive Income | ₹51.64 Cr | -₹127.79 Cr | -₹308.44 Cr | ₹125.83 Cr | -₹509.59 Cr | -₹438.92 Cr | -₹331.45 Cr | ₹1,097.22 Cr | -₹132.47 Cr | -₹103.16 Cr | ₹512.83 Cr | ₹73.19 Cr |
| Total Comprehensive Income | ₹305.86 Cr | -₹17.8 Cr | -₹189.24 Cr | ₹222.76 Cr | -₹359.33 Cr | -₹367.96 Cr | -₹280.01 Cr | ₹1,602.42 Cr | ₹28.96 Cr | -₹13.95 Cr | ₹606.61 Cr | ₹184.07 Cr |
| EBITDA (computed) | ₹368.46 Cr | ₹175.57 Cr | ₹189.77 Cr | ₹158.27 Cr | ₹235.84 Cr | ₹131.85 Cr | ₹94.81 Cr | ₹261.55 Cr | ₹252.72 Cr | ₹155.02 Cr | ₹165.49 Cr | ₹192.73 Cr |
| Basic EPS | ₹4.11 | ₹1.78 | ₹1.93 | ₹1.57 | ₹2.43 | ₹1.15 | ₹0.83 | ₹8.17 | ₹2.61 | ₹1.44 | ₹1.52 | ₹1.79 |
| Diluted EPS | ₹0.00 | ₹1.78 | ₹1.93 | ₹1.57 | ₹2.43 | ₹1.15 | ₹0.83 | ₹8.17 | ₹2.61 | ₹1.44 | ₹1.52 | ₹1.79 |
| Segment · Q4 FY25 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| PVC resin | ₹390 Cr | ₹51.32 Cr | ₹717.97 Cr | ₹217.32 Cr |
| PVC pipes and fittings | ₹1,168.4 Cr | ₹107.64 Cr | ₹1,558.9 Cr | ₹378.54 Cr |
| Segment · FY 2025 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| PVC resin | ₹1,660.01 Cr | ₹195.5 Cr | - | - |
| PVC pipes and fittings | ₹4,104.05 Cr | ₹235.63 Cr | - | - |
Shareholding Pattern of Finolex Industries Limited
As per the shareholding pattern filed with NSE for the quarter ended Jun 2026, promoters hold 52.47%, foreign institutional investors hold 5.85%, domestic institutional investors hold 11.35%, retail and other public shareholders hold 29.97% of Finolex Industries Limited. The company had 245,937 shareholders on record.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Promoters | 52.47% | 52.47% | 52.47% | 52.47% | 52.47% | 52.47% |
| Public | 47.18% | 47.18% | 47.18% | 47.18% | 47.18% | 47.18% |
| Employee Trusts | 0.35% | 0.35% | 0.35% | 0.35% | 0.35% | 0.35% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 52.47% | 52.47% | 52.47% | 52.47% | 52.47% | 52.47% | 52.47% | 52.47% | 52.47% | 52.47% | 52.47% |
| Public | 47.18% | 47.18% | 47.19% | 47.19% | 47.19% | 47.18% | 47.18% | 47.18% | 47.18% | 47.18% | 47.18% |
| Employee Trusts | 0.35% | 0.35% | 0.34% | 0.34% | 0.34% | 0.35% | 0.35% | 0.35% | 0.35% | 0.35% | 0.35% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | +0.00 | +0.00 | +0.00 | +0.00 | +0.00 | +0.00 | +0.00 | +0.00 | - |
Board & Governance of Finolex Industries Limited
As per the corporate governance filing with NSE for the quarter ended 31-DEC-2025, the board of Finolex Industries Limited has 11 directors - 6 independent and 4 executive. The board is chaired by Prakash Pralhad Chhabria.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Prakash Pralhad Chhabria | Executive Director · Chairperson | 1992-03-13 | 1 |
| Ritu Prakash Chhabria | Non-Executive - Non Independent Director | 2015-03-21 | 1 |
| Saurabh S Dhanorkar | Executive Director · MD | 2017-08-11 | 1 |
| Kanchan Uday Chitale | Non-Executive - Independent Director | 2019-04-01 | 1 |
| Munesh Narinder Khanna | Non-Executive - Independent Director | 2024-09-19 | 6 |
| Aditya Sapru | Non-Executive - Independent Director | 2024-09-19 | 3 |
| Vijay N Bhatt | Non-Executive - Independent Director | 2024-09-19 | 4 |
| Debabrata Sarkar | Non-Executive - Independent Director | 2024-09-19 | 5 |
| Pradeep Udhas | Non-Executive - Independent Director | 2024-09-30 | 3 |
| Udipt Agarwal | Executive Director · MD | 2025-08-02 | 1 |
| Rambabu Sanka | Executive Director | 2025-08-02 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Vijay N Bhatt (Chairperson), Kanchan Uday Chitale, Debabrata Sarkar, Munesh Narinder Khanna, Aditya Sapru, Pradeep Udhas, Saurabh S Dhanorkar |
| Nomination and remuneration committee | Debabrata Sarkar (Chairperson), Kanchan Uday Chitale, Vijay N Bhatt, Munesh Narinder Khanna, Aditya Sapru, Pradeep Udhas |
| Stakeholders Relationship Committee | Munesh Narinder Khanna (Chairperson), Prakash Pralhad Chhabria, Vijay N Bhatt, Kanchan Uday Chitale, Aditya Sapru, Debabrata Sarkar, Pradeep Udhas, Saurabh S Dhanorkar |
| Risk Management Committee | Kanchan Uday Chitale (Chairperson), Prakash Pralhad Chhabria, Vijay N Bhatt, Munesh Narinder Khanna, Aditya Sapru, Debabrata Sarkar, Pradeep Udhas, Saurabh S Dhanorkar |
| Corporate Social Responsibility Committee | Ritu Prakash Chhabria (Chairperson), Prakash Pralhad Chhabria, Vijay N Bhatt, Kanchan Uday Chitale, Munesh Narinder Khanna, Aditya Sapru, Debabrata Sarkar, Pradeep Udhas, Saurabh S Dhanorkar |
Group Structure of Finolex Industries Limited
Finolex Industries Limited has 2 associated companies. This group structure data is as of FY 2024. The corporate group structure reflects Finolex Industries Limited's business expansion strategy and organizational complexity.
Charges & Borrowings of Finolex Industries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Apr 2014 | Axis Trustee Services Limited | ₹100 Cr | Satisfied |
| 28 Sep 2012 | Central Bank of India | ₹100 Cr | Satisfied |
| 05 Mar 2010 | Axis Trustee Services Limited | ₹50 Cr | Satisfied |
| 16 Feb 2009 | Axis Trustee Services Limited | ₹100 Cr | Satisfied |
| 28 Mar 2008 | Axis Bank Limited | ₹34.52 Cr | Satisfied |
Total charge records: 11 View all charges
Employees and EPFO Compliance at Finolex Industries Limited
Finolex Industries Limited has a workforce of 1,506 employees as of Apr 03, 2024.
Employee Count & EPFO Data of Finolex Industries Limited
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GST Compliance of Finolex Industries Limited
GSTIN & GST Filing Data of Finolex Industries Limited
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Credit Ratings, Litigation & Regulatory Alerts for Finolex Industries Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Finolex Industries Limited
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MSME Payment Delays by Finolex Industries Limited
MSME Payment Delays by Finolex Industries Limited
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Subsidiaries & Group Companies of Finolex Industries Limited
Subsidiaries & Group Companies of Finolex Industries Limited
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MCA Filings & Documents of Finolex Industries Limited
MCA Filings & Documents of Finolex Industries Limited
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Recent Activity on Finolex Industries Limited
Recent News on Finolex Industries Limited
Frequently Asked Questions about Finolex Industries Limited
Finolex Industries Limited is an active public limited company in the manufacturing sector based in District Pune, Maharashtra, India. It was incorporated on 28 March 1981 (45+ years old) and is registered under CIN L40108PN1981PLC024153. Listed on BSE: 500940 and NSE: FINPIPE. The company has 1,506 employees.
Finolex Industries Limited reported revenue of ₹4,388.6 Cr for FY 2025 (down 2.00% YoY).
The current directors of Finolex Industries Limited are:
The primary industry of Finolex Industries Limited is manufacturing. The company specifically operates in pipe and tubes. The company is currently active in this sector.
Yes. Finolex Industries Limited is listed on both BSE (code: 500940) and NSE (symbol: FINPIPE).
Finolex Industries Limited can be reached at the registered office: Gat No.399 Village Urse Taluka Maval, District Pune, Maharashtra, India – 410506, or through the website finolexpipes.com.