The company’s Bombay Stock Exchange listing code is 500940, and the National Stock Exchange listing code is FINPIPE.
Finolex Industries Ltd.’s product range includes PVC-U pipes and fittings, PVC Resin, Selfit PVC-U pipes, moulded fittings for agriculture, protector well casings and screens, Ringfit PVC-U pipes, underground sewerage pipes, SWR moulded fittings, solvent cement fittings, plumbing pipes, etc. The company also trades in Methanol and Ethylene Dichloride.
For FY 2021-2022, the company generated total revenue of Rs 4,729.55 crore, up 33.82% from the previous financial year. Its annual revenue growth outperformed its three-year CAGR of 14.57%. The profit after tax was Rs 1,051.34 crore, up 42.50% from Rs 737.79 crore in FY 2020-2021.
The company’s founder is MrPralhad P Chhabria. Its managing director is Mr Anil Whabi, and the executive chairman is Mr Prakash P Chhabria. The other board members include Ms Bhumika L Batra, Mrs Ritu P Chhabria, Mr Saurabh S Dhanorkar, Mrs Kanchan U Chitale, Mr Pradeep R Rathi, Mr Anami N Roy, Dr Deepak R Parikh, and Mr Saumya Chakrabarti.
On 30 June 2022, the company’s shareholding pattern indicated a 52.47% promoter stake, 5.69% foreign institutional investor stake, 9.81% domestic institutional investor stake, and 31.68% public stake. During the quarter ended June 2022, mutual funds increased holdings from 9.45% to 9.77%.
On BSE, Finolex Industries Ltd.’s share price was trending at Rs 138.25 on 8 August 2022. On NSE, the company’s share price was trending at Rs 138. The 52-week low for Finolex Industries Ltd.’s share price was Rs 125, and the 52-week high for the company’s share price was Rs 244.50.
The company’s peers are Astral Ltd., Prince Pipes & Fittings Ltd., Jain Irrigation Systems Ltd., and Kriti Industries (India) Ltd.
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Finolex Industries share price as on 26 Apr 2024 is Rs. 274.4. Over the past 6 months, the Finolex Industries share price has increased by 42.1% and in the last one year, it has increased by 67.11%. The 52-week low for Finolex Industries share price was Rs. 163 and 52-week high was Rs. 275.8.