Flash Finance

Finolex Industries LimitedFINPIPECorporate

Industrials Building Products & Equipment Latest results: Mar 2026 14 quarters of data
Consolidated Standalone
₹153.64
MCap ₹9,500 Cr · P/E 16.4
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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
+94.2% YoY
25.3%
OPM % · Mar 2026
+73.3% YoY
₹254 Cr
Net Profit · Mar 2026
+69.3% YoY
₹4.10
EPS · Mar 2026
+69.4% 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 69.3% year-on-year to ₹254 crore, from ₹150 crore. Earnings per share (EPS) came in at ₹4.10.

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 ₹580 crore (down 24.9% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹4,114 crore with a net profit of ₹580 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 16.4.

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 ?
16.38below ind
Industry P/E ?
47.80
P/B ?
1.56
P/S ?
2.31
P/FCF ?
71.43
Enterprise Value ?
₹9,946 Cr
EV/EBITDA ?
14.65
PEG ?
0.41
Earnings Yield ?
5.8%
Dividend Yield ?
1.28%
Profitability & Returns
Sales (TTM) ?
₹4,114 Cr
OPM ?
16.5%
Profit after tax (TTM) ?
₹580 Cr
EPS (TTM) ?
₹9.38
ROCE ?
12.0%
ROE ?
9.5%
ROA ?
7.8%
Growth
Sales — latest qtr ?
₹1,314 Cr
PAT — latest qtr ?
₹254 Cr
YoY qtr sales growth ?
12.1%
YoY qtr profit growth ?
69.3%
Sales growth (3y) ?
-2%
Sales growth (5y) ?
4%
Profit growth (3y) ?
40%
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
Metric Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026 YoY % QoQ %
Sales 1,1251,1411,1798831,0201,2351,1408281,0011,1721,0438598981,314 +12.1% +46.4%
Operating Profit 92217152103120209207118317194130123332 +94.2% +169.7%
Other Income 2829406347445584486565605236 -44.6% -31.4%
Interest 5691287771066438 +33.3% +164.9%
Depreciation 2224342728272626272727272626 -3.7% -1.8%
Profit Before Tax 922161491261322196466295203126158146334 +64.5% +128.7%
Net Profit 721581119495161501517115097119110254 +69.3% +130.9%
EPS 1.162.551.791.511.542.608.100.831.142.421.571.931.784.10 +69.4% +130.3%
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 ₹4,141 Cr ₹4,114 Cr ₹4,114 Cr -0.7%
Operating Profit ₹472 Cr ₹679 Cr ₹679 Cr +43.9%
OPM % 11.39% 16.50% 16.50% +44.9%
NPM % 18.66% 14.10% 14.10% -24.4%
Other Income ₹252 Cr ₹213 Cr ₹213 Cr -15.5%
Depreciation ₹106 Cr ₹107 Cr ₹107 Cr +0.4%
Interest ₹30 Cr ₹21 Cr ₹21 Cr -29.7%
EBIT ₹366 Cr ₹572 Cr ₹572 Cr +56.6%
PBT ₹1,006 Cr ₹764 Cr ₹764 Cr -24.1%
Tax ₹146 Cr ₹104 Cr ₹104 Cr -28.5%
Net Profit ₹773 Cr ₹580 Cr ₹580 Cr -24.9%
EPS ₹12.49 ₹9.38 ₹9.38 -24.9%
Material Cost ₹607 Cr ₹1,982 Cr ₹1,982 Cr +226.3%
Employee Cost ₹58 Cr ₹181 Cr ₹181 Cr +213.7%
Extraordinary Items ₹417 Cr — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 124124124124 +0.0%
Reserves 4,7015,4145,8555,954 +1.7%
Borrowings 541394237446 +88.2%
Other Liabilities 8179961,008885 -12.2%
Total Liabilities 6,1826,9287,2237,408 +2.6%
Fixed Assets 1,0551,0551,0081,017 +0.9%
CWIP 44197328 -61.6%
Investments 3,8504,4564,7514,782 +0.7%
Other Assets 1,2341,3981,3911,581 +13.7%
Total Assets 6,1826,9287,2237,408 +2.6%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 308353383192 -49.9%
Cash from Investing Activity -294-838-156 -2050.0%
Cash from Financing Activity -29-277-349-49 +86.0%
Net Cash Flow -15-642-13 -131.0%
Free Cash Flow 140267268133 -50.4%
CFO/OP 128%85%122%53% -56.6%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 25393332 -3.0%
Inventory Days 8199108156 +44.4%
Days Payable 35396156 -8.2%
Cash Conversion Cycle 719880133 +66.2%
Working Capital Days -61320247 +1135.0%
ROCE % 6%10%9%12% +33.3%

👥 Shareholding (latest 6 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 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 2,50,0512,45,5052,46,1532,37,7192,45,9372,43,708 -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?
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.
What was Finolex Industries Limited's net profit in Q4 FY26?
Net profit rose 69.3% year-on-year to ₹254 crore, from ₹150 crore. Earnings per share (EPS) came in at ₹4.10.
What is FINPIPE's market capitalisation and P/E ratio?
At the current price of ₹153.64, FINPIPE has a market capitalisation of ₹9,500 crore and a trailing P/E of about 16.4.
Who owns Finolex Industries Limited? (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.
TTM ends 2026-03-31. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI