| Revenue growth | 12% YoY for Q4FY26; flat for full year FY26. |
|---|---|
| Margins | EBITDA margin expanded from 11% to 17% for FY26. |
| Demand visibility | Flattish volumes suggest stable but not high-growth demand. |
| Management confidence | High, reflected in significant marketing spend for 45th anniversary. |
Growth
FY26 revenue remained flat at ₹4,113 Cr; however, PBT rose 30% to ₹764 Cr and EBITDA grew 43% to ₹679 Cr.
Outlook
Focus on PVC/EDC delta management and marketing initiatives. Maintained strong liquidity with free cash of ~₹2,563 Cr.
Risks
Sales volumes declined 4% for the full year FY26, showing weakness in demand despite higher profitability.
Earnings Call filed with NSE, NSE: FINPIPE. Summary written with AI assistance from the document.
Finolex Industries Ltd: key numbers
- Share price
- ₹154.72
- Market cap
- ₹9,600 Cr
- Revenue (annual)
- ₹4,113 Cr
- Net profit (annual)
- ₹599.0 Cr
- P/E (TTM)
- 15.6×Sector 53.9×
- Promoter holding
- 52.47%+0.00% QoQ
- FII holding
- 5.85%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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