Finolex Industries logo

Finolex Industries share price

NSE: FINPIPEBSE: 500940Industrial ProductsSmall Cap

Finolex Industries Limited · Face value ₹2 · Listed Sep 1989 on BSE, Feb 1995 on NSE
Last close ₹142.06up ₹0.82 (0.58%)BSE ₹142.00

Share price at the NSE close on 29 Oct 2026. Previous close ₹141.24.

29 Oct: open ₹140.65, high ₹142.64, low ₹139.08

52-week range of traded prices to 29 Oct 2026
₹139.08Low, 29 Oct 2026₹200.40High, 27 May 2026
Market cap
₹8,814 Cr526th largest listed
P/E
14.32
P/B
1.42
Dividend yield
1.94%
ROE
10.0%
ROCE
8.8%
Debt to equity
0.07
Volume, NSE
3,56,72854.8% delivered

Finolex Industries share price chart

Daily closes since Jan 2007, adjusted for splits and bonuses

−25.6%over a year · Nifty Microcap 250 +2.5% · Nifty 500 −8.4%

ResultsDividend20-session average 4,00,043 shares a day, 46.9% delivered

Results

Consolidated; ₹ crore.Finolex Industries quarterly results

Revenue growth, 12 months
−2.2%
Net profit growth, 12 months
+54.8%

Quarter to Jun 2026, against the quarter before

Revenue
₹884 Crdown 32.75%
Net profit
₹115 Crdown 56.16%
Net margin
13.0%

Revenue by quarter

₹828 CrSep 24₹1,001 CrDec 24₹1,172 CrMar 25₹1,043 CrJun 25₹859 CrSep 25₹898 CrDec 25₹1,314 CrMar 26₹884 CrJun 26
Peak revenue ₹1,314 Cr, quarter to Mar 2026; lowest ₹828 Cr, quarter to Sep 2024

Net profit by quarter, a loss in red

₹41 CrSep 24₹94 CrDec 24₹165 CrMar 25₹98 CrJun 25₹124 CrSep 25₹116 CrDec 25₹261 CrMar 26₹115 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue8281,0011,1721,0438598981,314884
Net profit419416598124116261115
Net margin4.9%9.4%14.0%9.4%14.4%12.9%19.9%13.0%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Pipes & Fittings, which carries all its revenue.

Valuation

Today, against the company's own history.Finolex Industries PE ratio and valuation

Price to earnings

At or below today's level on 11% of 2,479 trading days over the last 10 years.

LowestHighest
Its median22.32Industry median16.57
Price to book

At or below today's level on 0.2% of 1,983 trading days since Oct 2018.

LowestHighest
Its median2.51Industry median1.76
Dividend yield

At or below today's level on 58% of 2,423 trading days over the last 10 years.

LowestHighest
Its median1.86%Industry median0.39%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−14.8%−25.1%+11.3%1.8%
3 years−2.6%+33.9%−28.4%1.6%
5 years+5.0%−4.0%+7.7%1.7%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1 year includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2025.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Finolex Industries shareholding pattern

Shareholding by group

  • Promoters52.47%
  • Foreign institutions5.77%
  • Indian institutions11.36%
  • Governments0.01%
  • Individuals and others30.04%
  • Employee trusts0.35%
Holder
FINOLEX CABLES LTD.Promoter32.39%
ORBIT ELECTRICALS PRIVATE LIMITEDPromoter18.80%
ANUJ A SHETHResident individuals, over ₹2 lakh at face value3.35%
INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MInvestor education fund2.09%
HITEN ANANTRAI SHETHResident individuals, over ₹2 lakh at face value1.21%
VIJAY KISHANDAS CHHABRIAPromoter0.35%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters unchanged, foreign institutions −0.08 pts, Indian institutions +0.01 pts, mutual funds +0.09 pts.

Mutual fund holdings

25 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 10 of the 13 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 25 funds holding Finolex Industries

Added
5
Cut
8
Held unchanged
12
Sold out
1
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Finolex Industries competitors and peers

Plastic Products - Industrial, 69 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Finolex Industries in market cap.Capital goods stocks

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Supreme Industries logoSupreme IndustriesSUPREMEIND40,77636.086.38+16.6%+33.3%18.7%20.2%1.12%
Astral logoAstralASTRAL36,68163.749.04+16.8%+18.8%15.0%19.3%0.29%
Garware Hi-Tech Films logoGarware Hi-Tech FilmsGRWRHITECH16,30338.265.61+14.7%+36.2%15.7%17.1%0.17%
Kingfa Science & Technology (India) logoKingfa Science & Technology (India)KINGFA9,33641.376.67+24.1%+47.0%21.2%20.3%0.29%
Time Technoplast logoTime TechnoplastTIMETECHNO8,03216.401.96+15.5%+21.3%14.0%15.2%0.92%
Prince Pipes and Fittings logoPrince Pipes and FittingsPRINCEPIPE2,86728.081.74+5.1%+338.6%6.3%7.5%0.39%
Apollo Pipes logoApollo PipesAPOLLOPIPE2,506–3.06−2.0%––−1.1%0.13%
Jain Irrigation Systems logoJain Irrigation SystemsJISLJALEQS1,729–0.30+8.8%–−0.9%4.7%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Finolex Industries dividend history

Dividend per share, ₹, restated for later splits and bonuses

2.3Mar 172Mar 182Mar 192Mar 204Mar 214Mar 221.5Mar 232.5Mar 243.6Mar 252.8Mar 26
Highest ₹4.00 a share, years to Mar 2021 and Mar 2022.
Ex-dateTypePer share
11 Sep 2026Final₹2.00
11 Sep 2026Special₹0.75
4 Sep 2025Final₹2.00
4 Sep 2025Special₹1.60
11 Sep 2024Final₹2.50
21 Aug 2023Final₹1.50
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Finolex Industries announcements

Finolex Industries share price by year

Each calendar year to 2025.Finolex Industries share price history

YearClose at year endChangeHighest closeLowest close
2025174.01−30.8%248.80163.40
2024251.55+19.2%350.30207.30
2023211.00+12.7%253.25160.00
2022187.30−9.5%207.45130.65
2021207.00+60.2%234.45115.42
2020129.21+18.3%132.4360.56
2019109.24+0.3%123.3188.52
2018108.91−17.5%140.4793.84
2017131.94+51.7%147.6487.75
201687.00+44.7%97.1852.95
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
28 Oct 2026141.01142.96140.10141.24141.203,73,01455.1%
27 Oct 2026141.91143.00141.01141.45141.913,35,46160.6%
26 Oct 2026140.80144.45140.10141.91142.383,40,67447.6%
23 Oct 2026146.01146.88141.02142.40143.066,14,25049.0%
22 Oct 2026147.52148.75144.22148.03146.333,14,26643.7%
21 Oct 2026150.71151.43146.63147.92148.705,59,95758.6%
19 Oct 2026154.05154.55151.00151.30152.091,79,30753.1%
16 Oct 2026154.69155.55151.10153.64153.417,70,82230.1%
15 Oct 2026152.40159.84152.20154.75156.2710,44,84923.7%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Stock split history

Ex-dateEventPrice factorWhat happened
15 Apr 2021Split0.2000Each share became 5.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Chairperson
Prakash Pralhad Chhabria
At the end of the quarter to Sep 2026
Managing director
Udipt Agarwal
At the end of the quarter to Sep 2026
NSE symbol
FINPIPE
BSE code
500940
ISIN
INE183A01024
Industry
Industrial Products
CIN
L40108PN1981PLC024153
Corporate identity number, the registrar of companies' code for it
Incorporated
1981
Registered office
Gat No 399, Village Urse, Taluka Maval, Pune 410506, Maharashtra
Share registrar
KFin Technologies Ltd
Keeps the register of shareholders and handles transfers and dividend payments