Finolex Industries Limited Logo

Finolex Industries Limited

FINPIPE.NS

(2.5)
Stock Price

264,55 INR

12.17% ROA

15.79% ROE

20.85x PER

Market Cap.

179.721.163.050,00 INR

6.99% DER

0.86% Yield

20.08% NPM

Finolex Industries Limited Stock Analysis

Finolex Industries Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Finolex Industries Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (19.3%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 DER

The stock has a low debt to equity ratio (11%), which means it has a small amount of debt compared to the ownership it holds

3 Dividend

The company's consistent dividend distribution over the past five years reflects its dedication to providing shareholders with steady returns, making it an appealing choice for investors seeking income stability.

4 ROA

The stock's ROA (6.47%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 PBV

The stock's PBV ratio (2.35x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 Assets Growth

This company's revenue has shown remarkable growth over the past three years, making it an excellent choice for seeking a consistently prosperous investment.

7 Buffet Intrinsic Value

The company's stock seems undervalued (2.730) by Warren Buffett's formula, indicating a promising investment opportunity as its intrinsic value exceeds the market price.

8 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

9 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

10 Graham Number

The company's Graham number suggests that its stock price is overestimated, implying that it may not be a promising investment opportunity.

11 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

Finolex Industries Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Finolex Industries Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Finolex Industries Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Finolex Industries Limited Revenue
Year Revenue Growth
2004 8.388.408.000
2005 7.363.464.000 -13.92%
2006 10.715.510.000 31.28%
2007 14.353.345.000 25.34%
2008 15.291.255.000 6.13%
2009 15.129.084.000 -1.07%
2010 20.070.861.000 24.62%
2011 20.997.752.000 4.41%
2012 21.448.214.000 2.1%
2013 24.530.309.000 12.56%
2014 24.761.493.000 0.93%
2015 24.528.309.000 -0.95%
2016 29.876.371.000 17.9%
2017 27.064.685.000 -10.39%
2018 30.684.580.000 11.8%
2019 29.576.700.000 -3.75%
2020 34.375.500.000 13.96%
2021 46.108.700.000 25.45%
2022 43.970.500.000 -4.86%
2023 35.326.000.000 -24.47%
2023 43.174.300.000 18.18%
2024 45.619.600.000 5.36%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Finolex Industries Limited Research and Development Expenses
Year Research and Development Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Finolex Industries Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2004 33.134.000
2005 32.979.000 -0.47%
2006 1.204.575.000 97.26%
2007 1.421.266.000 15.25%
2008 1.791.582.000 20.67%
2009 1.961.258.000 8.65%
2010 2.078.702.000 5.65%
2011 346.118.000 -500.58%
2012 222.330.000 -55.68%
2013 186.794.000 -19.02%
2014 170.249.000 -9.72%
2015 171.268.000 0.59%
2016 188.333.000 9.06%
2017 152.296.000 -23.66%
2018 187.869.000 18.94%
2019 208.700.000 9.98%
2020 264.800.000 21.19%
2021 289.400.000 8.5%
2022 347.700.000 16.77%
2023 0 0%
2023 0 0%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Finolex Industries Limited EBITDA
Year EBITDA Growth
2004 1.794.118.000
2005 1.063.129.000 -68.76%
2006 1.700.552.000 37.48%
2007 1.895.517.000 10.29%
2008 461.585.000 -310.65%
2009 2.822.473.000 83.65%
2010 2.490.445.000 -13.33%
2011 2.418.563.000 -2.97%
2012 2.598.213.000 6.91%
2013 3.829.250.000 32.15%
2014 2.047.359.000 -87.03%
2015 3.762.646.000 45.59%
2016 5.823.234.000 35.39%
2017 5.074.787.000 -14.75%
2018 6.360.595.000 20.22%
2019 4.887.500.000 -30.14%
2020 10.672.200.000 54.2%
2021 10.696.600.000 0.23%
2022 4.377.200.000 -144.37%
2023 6.927.600.000 36.82%
2023 5.848.500.000 -18.45%
2024 8.266.000.000 29.25%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Finolex Industries Limited Gross Profit
Year Gross Profit Growth
2004 2.534.373.000
2005 1.735.865.000 -46%
2006 3.811.187.000 54.45%
2007 4.448.043.000 14.32%
2008 5.710.671.000 22.11%
2009 6.982.840.000 18.22%
2010 6.250.630.000 -11.71%
2011 3.892.799.000 -60.57%
2012 6.244.687.000 37.66%
2013 6.768.748.000 7.74%
2014 5.360.864.000 -26.26%
2015 6.856.538.000 21.81%
2016 8.782.085.000 21.93%
2017 8.130.691.000 -8.01%
2018 10.073.439.000 19.29%
2019 8.815.100.000 -14.27%
2020 13.768.300.000 35.98%
2021 15.809.200.000 12.91%
2022 13.249.800.000 -19.32%
2023 14.103.600.000 6.05%
2023 12.531.100.000 -12.55%
2024 15.530.000.000 19.31%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Finolex Industries Limited Net Profit
Year Net Profit Growth
2004 959.170.000
2005 423.086.000 -126.71%
2006 698.827.000 39.46%
2007 711.855.000 1.83%
2008 -378.942.000 287.85%
2009 1.323.238.000 128.64%
2010 761.710.000 -73.72%
2011 751.513.000 -1.36%
2012 1.361.369.000 44.8%
2013 1.701.466.000 19.99%
2014 477.783.000 -256.12%
2015 2.389.495.000 80%
2016 3.548.473.000 32.66%
2017 3.063.336.000 -15.84%
2018 3.672.494.000 16.59%
2019 3.326.500.000 -10.4%
2020 7.377.900.000 54.91%
2021 10.513.500.000 29.82%
2022 2.507.000.000 -319.37%
2023 3.918.400.000 36.02%
2023 4.735.900.000 17.26%
2024 20.029.200.000 76.36%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Finolex Industries Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2004 2
2005 1 0%
2006 1 100%
2007 1 0%
2008 -1 0%
2009 2 100%
2010 1 -100%
2011 1 0%
2012 2 50%
2013 3 0%
2014 1 0%
2015 4 100%
2016 6 20%
2017 5 -25%
2018 6 20%
2019 5 0%
2020 2 -150%
2021 17 87.5%
2022 4 -300%
2023 6 33.33%
2023 8 14.29%
2024 32 78.13%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Finolex Industries Limited Free Cashflow
Year Free Cashflow Growth
2004 99.279.000
2005 -333.274.000 129.79%
2006 -172.116.000 -93.63%
2007 -1.366.361.000 87.4%
2008 1.526.353.000 189.52%
2009 2.490.661.000 38.72%
2010 134.607.000 -1750.32%
2011 1.035.847.000 87.01%
2012 1.557.817.000 33.51%
2013 1.736.457.000 10.29%
2014 1.831.833.000 5.21%
2015 5.380.015.000 65.95%
2016 1.397.412.000 -285%
2017 1.658.942.000 15.76%
2018 3.053.890.000 45.68%
2019 357.700.000 -753.76%
2020 8.760.700.000 95.92%
2021 5.375.800.000 -62.97%
2022 1.329.500.000 -304.35%
2023 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Finolex Industries Limited Operating Cashflow
Year Operating Cashflow Growth
2004 888.587.000
2005 768.648.000 -15.6%
2006 919.029.000 16.36%
2007 281.963.000 -225.94%
2008 3.101.287.000 90.91%
2009 3.495.122.000 11.27%
2010 558.724.000 -525.55%
2011 1.718.708.000 67.49%
2012 2.738.075.000 37.23%
2013 2.441.109.000 -12.17%
2014 2.143.967.000 -13.86%
2015 5.706.128.000 62.43%
2016 2.341.542.000 -143.69%
2017 3.384.128.000 30.81%
2018 4.073.607.000 16.93%
2019 970.600.000 -319.7%
2020 9.409.800.000 89.69%
2021 6.219.900.000 -51.29%
2022 3.016.900.000 -106.17%
2023 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Finolex Industries Limited Capital Expenditure
Year Capital Expenditure Growth
2004 789.308.000
2005 1.101.922.000 28.37%
2006 1.091.145.000 -0.99%
2007 1.648.324.000 33.8%
2008 1.574.934.000 -4.66%
2009 1.004.461.000 -56.79%
2010 424.117.000 -136.84%
2011 682.861.000 37.89%
2012 1.180.258.000 42.14%
2013 704.652.000 -67.5%
2014 312.134.000 -125.75%
2015 326.113.000 4.29%
2016 944.130.000 65.46%
2017 1.725.186.000 45.27%
2018 1.019.717.000 -69.18%
2019 612.900.000 -66.38%
2020 649.100.000 5.58%
2021 844.100.000 23.1%
2022 1.687.400.000 49.98%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Finolex Industries Limited Equity
Year Equity Growth
2004 5.054.493.000
2005 5.036.987.000 -0.35%
2006 5.286.680.000 4.72%
2007 5.539.987.000 4.57%
2008 4.999.582.000 -10.81%
2009 5.876.836.000 14.93%
2010 6.203.146.000 5.26%
2011 6.621.092.000 6.31%
2012 7.211.627.000 8.19%
2013 7.896.887.000 8.68%
2014 7.873.999.000 -0.29%
2015 9.942.642.000 20.81%
2016 23.147.707.000 57.05%
2017 27.951.282.000 17.19%
2018 25.761.980.000 -8.5%
2019 19.859.800.000 -29.72%
2020 31.389.600.000 36.73%
2021 39.277.900.000 20.08%
2022 49.030.700.000 19.89%
2023 56.342.700.000 12.98%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Finolex Industries Limited Assets
Year Assets Growth
2004 14.092.754.000
2005 14.272.249.000 1.26%
2006 14.833.244.000 3.78%
2007 17.590.868.000 15.68%
2008 18.609.576.000 5.47%
2009 18.827.364.000 1.16%
2010 18.921.381.000 0.5%
2011 20.833.461.000 9.18%
2012 20.385.161.000 -2.2%
2013 19.109.790.000 -6.67%
2014 18.591.473.000 -2.79%
2015 18.559.344.000 -0.17%
2016 29.939.562.000 38.01%
2017 35.060.420.000 14.61%
2018 33.327.182.000 -5.2%
2019 28.913.400.000 -15.27%
2020 42.938.800.000 32.66%
2021 53.453.700.000 19.67%
2022 62.850.700.000 14.95%
2023 70.578.500.000 10.95%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Finolex Industries Limited Liabilities
Year Liabilities Growth
2004 9.038.261.000
2005 9.235.262.000 2.13%
2006 9.546.564.000 3.26%
2007 12.050.881.000 20.78%
2008 13.609.994.000 11.46%
2009 12.950.528.000 -5.09%
2010 12.718.235.000 -1.83%
2011 14.212.369.000 10.51%
2012 13.173.534.000 -7.89%
2013 11.212.903.000 -17.49%
2014 10.717.474.000 -4.62%
2015 8.616.702.000 -24.38%
2016 6.791.855.000 -26.87%
2017 7.109.138.000 4.46%
2018 7.565.202.000 6.03%
2019 9.053.600.000 16.44%
2020 11.549.200.000 21.61%
2021 14.175.800.000 18.53%
2022 13.820.000.000 -2.57%
2023 13.699.800.000 -0.88%

Finolex Industries Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
69.2
Net Income per Share
13.89
Price to Earning Ratio
20.85x
Price To Sales Ratio
4.2x
POCF Ratio
100.23
PFCF Ratio
100.58
Price to Book Ratio
3.18
EV to Sales
4.28
EV Over EBITDA
24.27
EV to Operating CashFlow
102.61
EV to FreeCashFlow
102.61
Earnings Yield
0.05
FreeCashFlow Yield
0.01
Market Cap
179,72 Bil.
Enterprise Value
183,34 Bil.
Graham Number
168.77
Graham NetNet
20.81

Income Statement Metrics

Net Income per Share
13.89
Income Quality
0.38
ROE
0.16
Return On Assets
0.12
Return On Capital Employed
0.11
Net Income per EBT
0.76
EBT Per Ebit
1.74
Ebit per Revenue
0.15
Effective Tax Rate
0.25

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.35
Operating Profit Margin
0.15
Pretax Profit Margin
0.26
Net Profit Margin
0.2

Dividends

Dividend Yield
0.01
Dividend Yield %
0.86
Payout Ratio
0
Dividend Per Share
2.5

Operating Metrics

Operating Cashflow per Share
2.89
Free CashFlow per Share
2.89
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.08
Return on Tangible Assets
0.12
Days Sales Outstanding
40.47
Days Payables Outstanding
37.73
Days of Inventory on Hand
95.17
Receivables Turnover
9.02
Payables Turnover
9.67
Inventory Turnover
3.84
Capex per Share
0

Balance Sheet

Cash per Share
31,32
Book Value per Share
91,99
Tangible Book Value per Share
91.97
Shareholders Equity per Share
91.12
Interest Debt per Share
6.92
Debt to Equity
0.07
Debt to Assets
0.06
Net Debt to EBITDA
0.48
Current Ratio
2.9
Tangible Asset Value
56,87 Bil.
Net Current Asset Value
18,29 Bil.
Invested Capital
31701000000
Working Capital
20,96 Bil.
Intangibles to Total Assets
0
Average Receivables
2,37 Bil.
Average Payables
1,44 Bil.
Average Inventory
3640150000
Debt to Market Cap
0.02

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Finolex Industries Limited Dividends
Year Dividends Growth
2002 2
2003 3 33.33%
2004 2 -50%
2005 3 33.33%
2006 3 0%
2007 3 0%
2008 3 0%
2009 1 -200%
2010 3 66.67%
2011 3 0%
2012 3 0%
2013 6 40%
2014 7 28.57%
2015 2 -250%
2016 3 0%
2017 12 81.82%
2018 10 -10%
2019 10 0%
2020 10 0%
2021 2 -400%
2022 2 0%
2023 2 -100%
2024 3 50%

Finolex Industries Limited Profile

About Finolex Industries Limited

Finolex Industries Limited manufactures and sells polyvinyl chloride (PVC) pipes and fittings, and PVC resins in India. It operates in two segments, PVC Resin and PVC Pipes and Fittings. The company offers agriculture pipes and fittings; column pipes; casing pipes; solvent cement and lubricants; ASTM plumbing pipes and fittings; chlorinated PVC pipes and fittings; SWR pipes and fittings; sewerage pipes; and solvent cement lubricant and primer. It distributes its products through dealers and retail outlets. Finolex Industries Limited was founded in 1956 and is headquartered in Pune, India.

CEO
Mr. Prakash Pralhad Chhabria B
Employee
1.510
Address
D-1/10, M.I.D.C
Pune, 411019

Finolex Industries Limited Executives & BODs

Finolex Industries Limited Executives & BODs
# Name Age
1 Mr. Chandan Verma
Deputy Chief Financial Officer
70
2 Mr. Arun H. Sonawane
President of Operation Pipes & Fittings
70
3 Mr. Prakash Pralhad Chhabria B.Sc.
Executive Chairman
70
4 Mr. Saumya Chakrabarti
Director of Technical & Whole-Time Director
70
5 Mr. Ashutosh Bhalchandra Kulkarni
Head of Supply Chain Management
70
6 Mr. Harish Dash
Chief Information Officer & Grievance Officer
70
7 Mr. Dakshinamurthy V. Iyer
Company Secretary, Head Legal & Compliance Officer
70
8 Mr. Pradeep Vedula
President of Sales & Marketing
70
9 Ms. Sarita Tripathi
Chief Human Resources Officer
70
10 Mr. Ajit Venkataraman
MD & Director
70

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