Finolex Industries LimitedFINPIPECorporate

Industrials Building Products & Equipment Latest results: Mar 2026 14 quarters of data

₹153.64

MCap ₹9,500 Cr · P/E 15.9

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AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.

₹1,314 Cr

Sales · Mar 2026

+12.1% YoY

₹332 Cr

Operating Profit · Mar 2026

+93.8% YoY

25.3%

OPM % · Mar 2026

+73.3% YoY

₹261 Cr

Net Profit · Mar 2026

+73.7% YoY

₹4.21

EPS · Mar 2026

+73.3% YoY

📝 Finolex Industries Limited — results explained

Quarter ended March 2026 (Q4 FY26)

Finolex Industries Limited reported revenue of ₹1,314 crore for the quarter ended March 2026 (Q4 FY26), up 12.1% from ₹1,172 crore in the same quarter last year, and up 46.4% sequentially over the December 2025 quarter.

Net profit rose 73.7% year-on-year to ₹261 crore, from ₹150 crore. Earnings per share (EPS) came in at ₹4.21.

Operating profit stood at ₹332 crore — an operating margin (OPM) of 25.3%, compared with 14.6% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Finolex Industries Limited posted revenue of ₹4,114 crore, a decline of 0.7% over FY25, with a net profit of ₹599 crore (down 24.2% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹4,114 crore with a net profit of ₹599 crore.

Valuation snapshot

At the current price of ₹153.64, FINPIPE has a market capitalisation of ₹9,500 crore and a trailing P/E of about 15.9.

Within the Building Products & Equipment industry, it is the 7th-largest of the 7 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 52.47%, foreign institutional investors (FIIs) 5.77%, domestic institutional investors (DIIs) 11.36%, the government 0.01%, public shareholders 30.04% of Finolex Industries Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close

Valuation

Market Cap ?

₹9,500 Cr

Current Price ?

₹153.6

P/E ?

15.86below ind

Industry P/E ?

47.80

P/B ?

1.53

P/S ?

2.31

P/FCF ?

71.43

Enterprise Value ?

₹9,946 Cr

EV/EBITDA ?

14.65

PEG ?

0.42

Earnings Yield ?

5.8%

Dividend Yield ?

1.28%

Profitability & Returns

Sales (TTM) ?

₹4,114 Cr

OPM ?

16.5%

Profit after tax (TTM) ?

₹599 Cr

EPS (TTM) ?

₹9.68

ROCE ?

13.0%

ROE ?

9.6%

ROA ?

7.9%

Growth

Sales — latest qtr ?

₹1,314 Cr

PAT — latest qtr ?

₹261 Cr

YoY qtr sales growth ?

12.1%

YoY qtr profit growth ?

73.7%

Sales growth (3y) ?

-2%

Sales growth (5y) ?

Profit growth (3y) ?

38%

Profit growth (5y) ?

-4%

Financial Health

Debt ?

₹446 Cr

Debt to Equity ?

0.07

Interest Coverage ?

27.5

Current Ratio ?

N/A

Ownership

Promoter holding ?

52.47%

Change in promoter holding ?

0.00%

Pledged percentage ?

N/A

Market

Return 3 months ?

-6.7%

Return 6 months ?

-12.0%

🗓️ Quarterly results (14 quarters · ₹ Cr)

same fiscal quarter as Mar bestweakest per row · for costs (interest, NPAs) low is best Highlight

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	YoY %	QoQ %
Sales	1,125	1,141	1,179	883	1,020	1,235	1,140	828	1,001	1,172	1,043	859	898	1,314	+12.1%	+46.4%
Operating Profit	92	217	152	103	120	209	207	11	83	171	94	130	123	332	+93.8%	+169.7%
Other Income	41	43	40	70	35	54	55	85	48	65	65	58	52	53	-17.9%	+1.0%
Interest	5	6	9	12	8	7	7	7	10	6	6	4	3	8	+29.4%	+164.9%
Depreciation	22	24	34	27	28	27	26	26	27	27	27	27	26	26	-3.3%	-1.8%
Profit Before Tax	105	230	157	133	120	229	646	62	112	203	131	166	157	351	+73.1%	+123.6%
Net Profit	80	166	115	98	89	165	505	41	94	150	98	124	116	261	+73.7%	+124.8%
EPS	1.28	2.68	1.86	1.58	1.44	2.66	8.17	0.66	1.52	2.43	1.59	2.00	1.88	4.21	+73.3%	+123.9%
OPM %	8.2%	19.0%	12.9%	11.7%	11.8%	16.9%	18.1%	1.3%	8.3%	14.6%	9.0%	15.2%	13.7%	25.3%	+73.3%	+84.7%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric	FY25	FY26	TTM	YoY %
Sales	₹4,142 Cr	₹4,114 Cr	₹4,114 Cr	-0.7%
Operating Profit	₹472 Cr	₹679 Cr	₹679 Cr	+43.7%
OPM %	11.41%	16.50%	16.50%	+44.6%
NPM %	19.09%	14.56%	14.56%	-23.7%
Other Income	₹253 Cr	₹228 Cr	₹228 Cr	-9.9%
Depreciation	₹106 Cr	₹107 Cr	₹107 Cr	+0.2%
Interest	₹30 Cr	₹21 Cr	₹21 Cr	-30.2%
EBIT	₹366 Cr	₹572 Cr	₹572 Cr	+56.3%
PBT	₹1,022 Cr	₹805 Cr	₹805 Cr	-21.3%
Tax	₹211 Cr	₹116 Cr	₹116 Cr	-44.9%
Net Profit	₹790 Cr	₹599 Cr	₹599 Cr	-24.2%
EPS	₹12.78	₹9.68	₹9.68	-24.3%
Material Cost	₹2,081 Cr	₹1,982 Cr	₹1,982 Cr	-4.8%
Employee Cost	₹166 Cr	₹181 Cr	₹181 Cr	+8.9%
Extraordinary Items	₹417 Cr	—	—	—

🏛️ Balance Sheet (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Equity Capital	124	124	124	124	+0.0%
Reserves	4,779	5,511	5,973	6,091	+2.0%
Borrowings	541	394	237	446	+88.2%
Other Liabilities	841	1,030	1,048	935	-10.8%
Total Liabilities	6,285	7,058	7,382	7,596	+2.9%
Fixed Assets	1,055	1,055	1,008	1,017	+0.9%
CWIP	44	19	73	28	-61.6%
Investments	3,952	4,586	4,910	4,969	+1.2%
Other Assets	1,234	1,398	1,391	1,581	+13.7%
Total Assets	6,285	7,058	7,382	7,596	+2.9%

💧 Cash Flow (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Cash from Operating Activity	308	353	383	192	-49.9%
Cash from Investing Activity	-294	-83	8	-156	-2050.0%
Cash from Financing Activity	-29	-277	-349	-49	+86.0%
Net Cash Flow	-15	-6	42	-13	-131.0%
Free Cash Flow	140	267	268	133	-50.4%
CFO/OP	128%	85%	122%	53%	-56.6%

➗ Ratios (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Debtor Days	25	39	33	32	-3.0%
Inventory Days	81	99	108	156	+44.4%
Days Payable	35	39	61	56	-8.2%
Cash Conversion Cycle	71	98	80	133	+66.2%
Working Capital Days	-6	13	20	247	+1135.0%
ROCE %	7%	11%	9%	13%	+44.4%

👥 Shareholding (latest 6 periods)

Metric	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026	% Chg
Promoters	52.47%	52.47%	52.47%	52.47%	52.47%	52.47%	+0.0%
FIIs	6.03%	5.93%	5.87%	5.86%	5.85%	5.77%	-1.4%
DIIs	11.36%	12.11%	12.19%	12.78%	11.35%	11.36%	+0.1%
Government	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	+0.0%
Public	29.78%	29.13%	29.11%	28.53%	29.97%	30.04%	+0.2%
Others	0.35%	0.35%	0.35%	0.35%	—	—	—
No. of Shareholders	2,50,051	2,45,505	2,46,153	2,37,719	2,45,937	2,43,708	-0.9%

⚖️ Peer comparison

Industry: Building Products & Equipment · 7 companies · full page →

#	Company	CMP	MCap (Cr)	P/E	Sales TTM	NP TTM	OPM%	NPM%	Sales YoY%	NP YoY%	Qtr Rev Δ%	Qtr NP Δ%
1	CPPLUS ADITYA INFOTECH	₹3,832.00	45,333	94.4	4,884	477	14.5%	9.8%	—	—	89.5%	332.5%
2	SUPREMEIND Supreme Industries	₹3,364.40	42,755	41.4	11,326	1,033	14.4%	9.1%	7.4%	-0.7%	4.2%	39.0%
3	ASTRAL Astral	₹1,411.40	37,917	65.9	6,785	576	16.3%	8.5%	12.6%	2.8%	15.9%	52.2%
4	BLUESTARCO Blue Star	₹1,558.00	32,031	62.9	12,797	510	7.1%	4.0%	3.6%	-10.6%	13.3%	-15.3%
5	GRINDWELL Grindwell Norton	₹1,872.80	20,736	47.5	3,173	437	18.9%	13.8%	9.3%	12.1%	14.2%	22.3%
6	KAJARIACER Kajaria Ceramics	₹1,228.80	19,310	35.8	5,055	548	18.6%	10.8%	3.2%	65.2%	20.4%	55.0%
7	FINPIPE Finolex Industries	₹153.70	9,503	15.9	4,114	599	16.5%	14.6%	-0.7%	-24.2%	12.1%	73.7%

❓ Frequently asked questions

What was Finolex Industries Limited's revenue in Q4 FY26?

What was Finolex Industries Limited's net profit in Q4 FY26?