Finolex Industries Ltd
NSE:FINPIPE

Watchlist Manager
Finolex Industries Ltd Logo
Finolex Industries Ltd
NSE:FINPIPE
Watchlist
Price: 175.21 INR 0.59% Market Closed
Market Cap: 108.3B INR
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
-14%
5Y
+56%
10Y
+61%
Operating Income
+
3Y
-9%
5Y
-7%
10Y
+124%
Net Income
+
3Y
-29%
5Y
+43%
10Y
+400%

Earnings Waterfall
Finolex Industries Ltd

Income Statement
Finolex Industries Ltd

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Income Statement
Currency: INR
Mar-2003 Jun-2003 Sep-2003 Dec-2003 Mar-2004 Jun-2004 Sep-2004 Dec-2004 Mar-2005 Jun-2005 Sep-2005 Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
164
0
0
0
135
0
0
0
123
0
0
0
189
0
0
0
122
0
0
0
202
0
0
0
351
0
0
0
308
0
0
0
386
0
0
0
344
0
0
0
382
0
0
0
396
0
0
0
0
0
0
0
209
0
0
0
63
0
0
0
36
0
0
0
77
0
0
0
17
0
0
0
115
0
0
0
264
0
0
0
0
0
0
Revenue
7 601
N/A
8 851
+16%
9 137
+3%
9 574
+5%
7 474
-22%
8 948
+20%
9 004
+1%
8 863
-2%
8 584
-3%
8 490
-1%
7 726
-9%
6 918
-10%
7 716
+12%
7 884
+2%
8 385
+6%
9 718
+16%
10 716
+10%
11 146
+4%
12 846
+15%
14 501
+13%
13 976
-4%
16 401
+17%
15 926
-3%
15 763
-1%
15 150
-4%
13 679
-10%
13 334
-3%
13 246
-1%
14 625
+10%
16 378
+12%
17 252
+5%
18 564
+8%
19 777
+7%
19 532
-1%
20 044
+3%
20 471
+2%
20 998
+3%
21 175
+1%
20 703
-2%
20 622
0%
21 448
+4%
21 843
+2%
21 897
+0%
22 297
+2%
24 530
+10%
25 522
+4%
25 482
0%
25 312
-1%
24 761
-2%
24 468
-1%
25 276
+3%
24 319
-4%
28 431
+17%
8 279
-71%
13 705
+66%
21 271
+55%
30 913
+45%
32 072
+4%
32 413
+1%
31 841
-2%
29 860
-6%
26 043
-13%
26 134
+0%
29 809
+14%
34 628
+16%
38 665
+12%
43 637
+13%
43 021
-1%
46 473
+8%
48 715
+5%
47 296
-3%
48 491
+3%
43 971
-9%
43 861
0%
43 282
-1%
42 231
-2%
43 174
+2%
42 788
-1%
42 240
-1%
42 056
0%
41 420
-2%
40 446
-2%
40 749
+1%
Gross Profit
Cost of Revenue
(3 904)
0
0
0
(4 696)
0
0
0
(5 854)
0
0
(1 268)
(5 628)
(4 481)
(5 851)
(7 004)
(8 109)
(8 775)
(10 462)
(12 017)
(11 327)
(14 400)
(13 831)
(14 152)
(11 744)
(10 193)
(9 486)
(8 635)
(10 108)
(12 000)
(13 180)
(14 335)
(15 901)
(15 071)
(15 454)
(16 027)
(17 108)
(16 177)
(15 376)
(14 762)
(16 092)
(15 600)
(15 563)
(15 681)
(18 825)
(18 448)
(18 680)
(19 862)
(19 455)
(19 039)
(19 649)
(17 576)
(22 165)
(5 024)
(7 915)
(12 790)
(21 755)
(20 853)
(21 459)
(20 836)
(21 842)
(16 584)
(16 268)
(17 879)
(21 586)
(21 250)
(24 096)
(23 825)
(32 118)
(30 701)
(33 202)
(35 212)
(36 034)
(30 527)
(27 304)
(26 225)
(32 179)
(26 253)
(26 758)
(26 821)
(31 370)
(27 103)
(26 215)
Gross Profit
3 697
N/A
0
N/A
0
N/A
0
N/A
2 778
N/A
0
N/A
0
N/A
0
N/A
2 730
N/A
0
N/A
0
N/A
536
N/A
2 089
+290%
1 854
-11%
2 535
+37%
2 715
+7%
2 607
-4%
2 371
-9%
2 384
+1%
2 484
+4%
2 650
+7%
2 001
-24%
2 095
+5%
1 611
-23%
3 405
+111%
3 486
+2%
3 848
+10%
4 611
+20%
4 517
-2%
4 378
-3%
4 072
-7%
4 228
+4%
3 876
-8%
4 460
+15%
4 589
+3%
4 443
-3%
3 890
-12%
4 996
+28%
5 325
+7%
5 859
+10%
5 356
-9%
6 242
+17%
6 333
+1%
6 615
+4%
5 705
-14%
7 074
+24%
6 802
-4%
5 450
-20%
5 307
-3%
5 429
+2%
5 627
+4%
6 743
+20%
6 266
-7%
3 255
-48%
5 790
+78%
8 481
+46%
9 159
+8%
11 219
+22%
10 954
-2%
11 005
+0%
8 018
-27%
9 459
+18%
9 866
+4%
11 929
+21%
13 043
+9%
17 414
+34%
19 539
+12%
19 195
-2%
14 355
-25%
18 014
+25%
14 095
-22%
13 280
-6%
7 936
-40%
13 335
+68%
15 977
+20%
16 006
+0%
10 995
-31%
16 535
+50%
15 482
-6%
15 235
-2%
10 050
-34%
13 343
+33%
14 535
+9%
Operating Income
Operating Expenses
(2 318)
(7 806)
(8 189)
(8 366)
(1 238)
(7 162)
(6 988)
(7 098)
(1 260)
(7 369)
(6 889)
(4 821)
(1 248)
(2 430)
(1 402)
(1 471)
(1 452)
(1 403)
(1 526)
(1 658)
(1 691)
(1 703)
(1 704)
(1 755)
(1 792)
(1 798)
(1 909)
(1 900)
(1 876)
(2 795)
(2 782)
(2 851)
(2 284)
(2 964)
(3 243)
(3 616)
(2 319)
(3 198)
(3 881)
(3 673)
(2 307)
(3 959)
(3 175)
(3 310)
(2 357)
(3 420)
(3 518)
(3 672)
(3 782)
(3 865)
(3 965)
(3 864)
(2 697)
(1 478)
(2 929)
(4 427)
(3 816)
(6 586)
(6 779)
(6 826)
(4 030)
(6 090)
(5 869)
(5 862)
(3 920)
(7 100)
(7 671)
(8 386)
(4 913)
(9 463)
(9 995)
(10 694)
(5 567)
(11 166)
(11 410)
(11 210)
(6 274)
(11 227)
(11 089)
(11 204)
(6 328)
(10 800)
(10 806)
Selling, General & Administrative
(791)
0
0
0
(809)
0
0
0
(816)
0
0
(48)
(780)
(174)
(247)
(268)
(906)
(291)
(303)
(322)
(1 117)
(376)
(367)
(392)
(1 208)
(381)
(407)
(394)
(1 141)
(417)
(427)
(447)
(1 290)
(517)
(536)
(546)
(1 435)
(581)
(633)
(671)
(1 599)
(728)
(720)
(747)
(1 678)
(741)
(739)
(716)
(740)
(770)
(804)
(877)
(2 128)
(316)
(614)
(933)
(3 016)
(1 372)
(1 412)
(1 429)
(3 186)
(1 457)
(1 480)
(1 512)
(3 091)
(1 777)
(1 839)
(1 920)
(3 979)
(1 966)
(1 966)
(2 001)
(4 575)
(1 905)
(1 985)
(2 027)
(5 025)
(2 171)
(2 233)
(2 277)
(5 171)
(2 231)
(2 186)
Depreciation & Amortization
(422)
(423)
(426)
(429)
(429)
(433)
(436)
(440)
(444)
(448)
(452)
(448)
(468)
(489)
(510)
(538)
(546)
(552)
(559)
(567)
(575)
(584)
(593)
(600)
(583)
(583)
(582)
(591)
(617)
(654)
(693)
(719)
(744)
(741)
(744)
(754)
(755)
(711)
(652)
(593)
(544)
(549)
(563)
(603)
(623)
(625)
(626)
(595)
(587)
(563)
(540)
(521)
(506)
(162)
(328)
(524)
(701)
(707)
(735)
(727)
(738)
(759)
(758)
(769)
(777)
(790)
(803)
(816)
(834)
(847)
(857)
(870)
(892)
(1 023)
(1 081)
(1 131)
(1 160)
(1 077)
(1 068)
(1 065)
(1 067)
(1 072)
(1 083)
Other Operating Expenses
(1 105)
(7 382)
(7 761)
(7 936)
0
(6 729)
(6 552)
(6 658)
0
(6 921)
(6 437)
(4 325)
0
(1 767)
(643)
(664)
0
(561)
(666)
(769)
0
(743)
(743)
(761)
0
(833)
(920)
(916)
(118)
(1 724)
(1 662)
(1 687)
(249)
(1 705)
(1 961)
(2 316)
(129)
(1 906)
(2 596)
(2 409)
(163)
(2 682)
(1 891)
(1 960)
(56)
(2 054)
(2 153)
(2 360)
(2 456)
(2 531)
(2 619)
(2 464)
(63)
(1 000)
(1 987)
(2 970)
(99)
(4 507)
(4 632)
(4 670)
(106)
(3 874)
(3 630)
(3 580)
(53)
(4 532)
(5 029)
(5 651)
(101)
(6 650)
(7 172)
(7 825)
(101)
(8 238)
(8 345)
(8 052)
(89)
(7 979)
(7 789)
(7 862)
(90)
(7 497)
(7 537)
Operating Income
1 379
N/A
1 045
-24%
949
-9%
1 210
+28%
1 540
+27%
1 787
+16%
2 017
+13%
1 765
-12%
1 470
-17%
1 121
-24%
837
-25%
829
-1%
840
+1%
973
+16%
1 132
+16%
1 243
+10%
1 154
-7%
968
-16%
858
-11%
826
-4%
958
+16%
298
-69%
391
+31%
(144)
N/A
1 614
N/A
1 688
+5%
1 939
+15%
2 711
+40%
2 641
-3%
1 583
-40%
1 290
-19%
1 378
+7%
1 593
+16%
1 496
-6%
1 347
-10%
828
-39%
1 571
+90%
1 800
+15%
1 445
-20%
2 186
+51%
3 050
+40%
2 282
-25%
3 157
+38%
3 304
+5%
3 348
+1%
3 654
+9%
3 283
-10%
1 777
-46%
1 524
-14%
1 563
+3%
1 663
+6%
2 880
+73%
3 569
+24%
1 777
-50%
2 861
+61%
4 054
+42%
5 343
+32%
4 633
-13%
4 175
-10%
4 179
+0%
3 988
-5%
3 369
-16%
3 997
+19%
6 068
+52%
9 122
+50%
10 316
+13%
11 871
+15%
10 810
-9%
9 442
-13%
8 550
-9%
4 099
-52%
2 586
-37%
2 369
-8%
2 169
-8%
4 567
+111%
4 796
+5%
4 721
-2%
5 308
+12%
4 393
-17%
4 031
-8%
3 721
-8%
2 543
-32%
3 729
+47%
Pre-Tax Income
Interest Income Expense
(164)
(143)
(135)
(150)
(135)
(140)
(140)
(126)
(123)
(148)
(187)
(205)
(189)
(233)
(208)
(184)
(137)
(84)
(128)
(166)
63
(450)
(481)
(502)
(2 203)
(467)
(516)
(488)
(887)
(449)
(438)
(532)
(497)
(629)
(669)
(701)
(575)
(1 475)
(686)
(627)
(92)
245
(471)
(529)
0
(809)
(795)
(817)
(704)
(580)
(636)
(506)
(82)
(33)
(35)
0
367
60
100
128
160
123
122
99
817
29
(26)
(82)
500
(220)
(252)
(159)
786
82
96
60
1 685
(29)
(42)
(10)
2 531
160
264
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
347
412
428
0
(647)
(1 303)
(1 969)
0
(1 641)
(1 328)
(1 030)
0
66
344
696
0
0
0
0
0
0
0
(356)
(961)
(717)
(1 043)
(591)
(698)
(325)
(59)
(95)
(215)
(50)
255
195
245
(279)
(279)
(279)
(279)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(4)
0
0
0
(1)
0
0
0
(14)
0
0
0
(5)
0
0
0
(12)
0
0
0
(6)
0
0
0
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(7)
0
0
0
(6)
0
0
0
3 752
0
0
0
(3)
0
0
0
(5)
4 170
4 170
4 170
4 167
0
0
Total Other Income
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4
125
162
0
1 631
1 588
1 582
0
372
353
363
0
74
111
122
58
278
273
260
(17)
268
306
320
(90)
551
591
550
(234)
295
209
214
202
177
232
253
95
137
260
282
55
325
367
412
37
325
475
590
(12)
786
760
772
137
4 685
4 784
4 868
61
1 361
1 586
1 659
104
1 952
2 164
2 297
14
2 576
2 327
Pre-Tax Income
1 215
N/A
904
-26%
815
-10%
1 060
+30%
1 405
+33%
1 646
+17%
1 876
+14%
1 639
-13%
1 347
-18%
972
-28%
649
-33%
624
-4%
651
+4%
740
+14%
924
+25%
1 058
+15%
1 017
-4%
1 234
+21%
1 265
+3%
1 248
-1%
1 018
-18%
832
-18%
195
-77%
(1 033)
N/A
(590)
+43%
(49)
+92%
448
N/A
1 555
+247%
1 740
+12%
1 272
-27%
1 305
+3%
1 663
+27%
1 150
-31%
1 145
0%
950
-17%
386
-59%
967
+151%
593
-39%
1 067
+80%
1 523
+43%
1 902
+25%
2 361
+24%
2 236
-5%
2 735
+22%
2 419
-12%
2 816
+16%
2 640
-6%
1 081
-59%
808
-25%
1 112
+38%
1 515
+36%
2 822
+86%
3 828
+36%
1 602
-58%
2 807
+75%
4 057
+45%
5 485
+35%
5 017
-9%
4 641
-7%
4 718
+2%
4 178
-11%
3 816
-9%
4 594
+20%
6 757
+47%
9 921
+47%
11 132
+12%
12 605
+13%
11 500
-9%
13 831
+20%
13 015
-6%
8 631
-34%
7 295
-15%
3 213
-56%
3 612
+12%
6 250
+73%
6 516
+4%
6 506
0%
11 400
+75%
10 686
-6%
10 489
-2%
10 432
-1%
5 279
-49%
6 321
+20%
Net Income
Tax Provision
(411)
(421)
(328)
(417)
(503)
(586)
(677)
(599)
(388)
(260)
(125)
(78)
(228)
(249)
(330)
(382)
(318)
(386)
(377)
(374)
(306)
(248)
(68)
336
211
31
(114)
(499)
(416)
(269)
(277)
(393)
(388)
(377)
(301)
(110)
(216)
(146)
(261)
(393)
(540)
(636)
(636)
(802)
(717)
(839)
(799)
(317)
(330)
(433)
(555)
(994)
(1 251)
(480)
(907)
(1 359)
(1 812)
(1 735)
(1 115)
(1 004)
(852)
(655)
(1 227)
(1 782)
(2 543)
(2 866)
(3 235)
(2 950)
(3 317)
(2 965)
(1 867)
(1 510)
(706)
(945)
(1 649)
(1 756)
(1 770)
(2 810)
(2 669)
(2 485)
(2 432)
(1 304)
(1 517)
Income from Continuing Operations
804
482
486
641
902
1 059
1 199
1 041
959
714
526
547
423
493
597
679
699
849
888
875
712
584
127
(698)
(379)
(18)
334
1 056
1 323
1 003
1 028
1 271
762
770
651
277
752
447
806
1 130
1 361
1 724
1 599
1 932
1 701
1 977
1 840
763
478
679
961
1 829
2 578
1 123
1 901
2 699
3 672
3 282
3 527
3 714
3 327
3 162
3 367
4 976
7 378
8 265
9 370
8 550
10 513
10 050
6 763
5 784
2 507
2 668
4 601
4 760
4 736
8 590
8 017
8 003
8 000
3 975
4 804
Net Income (Common)
804
N/A
482
-40%
486
+1%
641
+32%
902
+41%
1 059
+17%
1 199
+13%
1 041
-13%
959
-8%
714
-26%
526
-26%
547
+4%
423
-23%
493
+17%
597
+21%
679
+14%
699
+3%
849
+21%
888
+5%
875
-1%
712
-19%
584
-18%
127
-78%
(698)
N/A
(379)
+46%
(18)
+95%
334
N/A
1 056
+216%
1 323
+25%
1 003
-24%
1 028
+2%
1 271
+24%
762
-40%
770
+1%
651
-15%
277
-57%
752
+171%
447
-41%
806
+80%
1 130
+40%
1 361
+20%
1 724
+27%
1 599
-7%
1 932
+21%
1 701
-12%
1 977
+16%
1 840
-7%
763
-59%
478
-37%
679
+42%
961
+42%
1 829
+90%
2 578
+41%
1 123
-56%
1 901
+69%
2 699
+42%
3 672
+36%
3 282
-11%
3 527
+7%
3 714
+5%
3 327
-10%
3 162
-5%
3 367
+6%
4 976
+48%
7 378
+48%
8 265
+12%
9 370
+13%
8 550
-9%
10 513
+23%
10 050
-4%
6 763
-33%
5 784
-14%
2 507
-57%
2 668
+6%
4 601
+72%
4 760
+3%
4 736
-1%
8 590
+81%
8 017
-7%
8 003
0%
8 000
0%
3 974
-50%
4 803
+21%
EPS (Diluted)
1.25
N/A
0.75
-40%
0.78
+4%
1.02
+31%
1.45
+42%
1.71
+18%
1.94
+13%
1.68
-13%
1.55
-8%
1.15
-26%
0.84
-27%
0.88
+5%
0.68
-23%
0.79
+16%
0.96
+22%
1.09
+14%
1.13
+4%
1.36
+20%
1.43
+5%
1.41
-1%
1.15
-18%
0.95
-17%
0.21
-78%
-1.12
N/A
-0.61
+46%
-0.03
+95%
0.54
N/A
1.7
+215%
2.13
+25%
1.62
-24%
1.66
+2%
2.05
+23%
1.23
-40%
1.24
+1%
1.04
-16%
0.44
-58%
1.21
+175%
0.71
-41%
1.29
+82%
1.81
+40%
2.19
+21%
2.77
+26%
2.57
-7%
3.11
+21%
2.74
-12%
3.19
+16%
2.97
-7%
1.23
-59%
0.77
-37%
1.09
+42%
1.54
+41%
2.94
+91%
4.15
+41%
1.81
-56%
3.06
+69%
4.35
+42%
5.92
+36%
5.29
-11%
5.69
+8%
5.99
+5%
5.36
-11%
5.1
-5%
5.43
+6%
8.02
+48%
11.89
+48%
13.35
+12%
15.11
+13%
13.79
-9%
16.94
+23%
16.21
-4%
10.91
-33%
9.33
-14%
4.05
-57%
4.3
+6%
7.42
+73%
7.68
+4%
7.66
0%
13.89
+81%
13.01
-6%
12.95
0%
12.94
0%
6.43
-50%
7.77
+21%

See Also

Summary
FINPIPE intrinsic value, competitors valuation, and company profile.
DCF Valuation
FINPIPE stock valuation using Discount Cash Flow valuation method.
Relative Valuation
FINPIPE stock valuation using valuation multiples.
Wall Street Estimates
FINPIPE price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
FINPIPE stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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