Finolex Industries Ltd.

NSE: FINPIPE BSE: 500940 SECTOR: Plastic Products  138k   1k   288

142.60
-3.05 (-2.09%)
NSE: 07 Oct 03:59 PM

Price Summary

Today's High

₹ 146.15

Today's Low

₹ 142.1

52 Week High

₹ 244.5

52 Week Low

₹ 121.5

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

8848 Cr.

Enterprise Value

9044.99 Cr.

No. of Shares

62.05 Cr.

P/E

8.79

P/B

2.23

Face Value

₹ 2

Div. Yield

2.81 %

Book Value (TTM)

₹  63.88

CASH

81.04 Cr.

DEBT

278.03 Cr.

Promoter Holding

52.47 %

EPS (TTM)

₹  16.23

Sales Growth

34.23%

ROE

30.37 %

ROCE

37.73%

Profit Growth

44.7 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Brands

These are the brands of Finolex Industries Ltd.

FLOWGUARD PLUS

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year34.23%
3 Year14.56%
5 Year12.3%

Profit Growth

1 Year44.7%
3 Year44.41%
5 Year24.5%

ROE%

1 Year30.37%
3 Year24.67%
5 Year19.81%

ROCE %

1 Year37.73%
3 Year30.11%
5 Year25.48%

Debt/Equity

0.072

Price to Cash Flow

14.23

Interest Cover Ratio

99.3300212916962

CFO/PAT (5 Yr. Avg.)

0.870955878988893

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2022 52.47 0
Mar 2022 52.47 0
Dec 2021 52.47 0
Sep 2021 52.47 0
Jun 2021 52.47 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 44.4111708471503% for the Past 3 years.
  • Company has been maintaining healthy ROE of 24.6743563006357% over the past 3 years.
  • Company has been maintaining healthy ROCE of 30.1110126068768% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 99.3300212916962.
  • The Company has been maintaining an effective average operating margins of 20.428591198073% in the last 5 years.
  • Company’s PEG ratio is 0.196601046147905.
  • The company has an efficient Cash Conversion Cycle of 36.5476768584953 days.
  • Company has a healthy liquidity position with current ratio of 2.54073487091796.
  • The company has a high promoter holding of 52.47%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 5.92046623213093.

 Limitations

  • The company has shown a poor revenue growth of 14.556447684354% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
Net Sales 965.37 1082.95 1005.25 1594.57 1189.81
Total Expenditure 755.86 781.49 763.36 1329.91 1063.9
Operating Profit 209.51 301.46 241.89 264.66 125.91
Other Income 15.35 29.87 19.37 24.76 25.07
Interest 4.76 0.41 0.85 8.06 11.33
Depreciation 20.06 20.61 21.18 21.55 21.34
Exceptional Items 0 0 0 376.06 0
Profit Before Tax 200.04 310.31 239.23 635.87 118.31
Tax 53.24 75.23 61.46 142.07 18.22
Profit After Tax 146.8 235.08 177.77 493.8 100.09
Adjusted EPS (Rs) 2.37 3.79 2.87 7.96 1.61

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 2737.79 3091.32 2984.51 3462.27 4647.32
Total Expenditure 2253.86 2487.02 2539.8 2472.96 3623.58
Operating Profit 483.93 604.3 444.71 989.31 1023.74
Other Income 25.32 41.57 33.57 72.48 83.16
Interest 9.82 12.27 11.28 7.27 14.09
Depreciation 60.6 70.08 73.81 77.72 83.4
Exceptional Items 0 -27.9 0 0 376.06
Profit Before Tax 438.83 535.62 393.19 976.8 1385.47
Tax 140.29 185.82 68.99 248.78 332
Net Profit 298.54 349.8 324.2 728.02 1053.47
Adjusted EPS (Rs.) 4.81 5.64 5.22 11.73 16.98

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 124.1 124.1 124.1 124.1 124.1
Total Reserves 2640.47 2404.33 1805.71 2948.78 3739.66
Borrowings 0 0 0 0 0
Other N/C liabilities 198.89 229.92 194.12 197.82 198.39
Current liabilities 491.07 514.39 691.38 936.16 1198.85
Total Liabilities 3454.52 3272.74 2815.31 4206.86 5261
Assets
Net Block 884.24 950.89 1016.89 1002.35 993.23
Capital WIP 90.34 90.25 7.28 8.15 9.46
Intangible WIP 0 0 0 0 0
Investments 1489.65 1076.94 455.53 1085.26 1080.77
Loans & Advances 92.17 89.85 101.67 91.92 99.06
Other N/C Assets 78.09 13.42 9.64 30.33 32.52
Current Assets 820.04 1051.39 1224.3 1988.85 3045.96
Total Assets 3454.52 3272.74 2815.31 4206.86 5261
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 438.83 535.62 393.19 976.8 1385.47
Adjustment 49.09 40.38 84.27 23.63 -352.32
Changes in Assets & Liabilities -29.99 -8.06 -258.33 152.36 -75.58
Tax Paid -119.52 -176.97 -112.84 -211.81 -335.58
Operating Cash Flow 338.41 390.97 106.29 940.98 621.99
Investing Cash Flow -161.91 -227.84 49.13 -876.57 -440.33
Financing Cash Flow -175.19 -163.43 -104.65 -90.3 -189.5
Net Cash Flow 1.31 -0.3 50.77 -25.89 -7.84

Corporate Actions

Investors Details

PARTICULARS Jun 2021% Sep 2021% Dec 2021% Mar 2022% Jun 2022%
Promoters 52.47 52.47 52.47 52.47 52.47
finolex cables ltd. 32.39 32.39 32.39 32.39 32.39
orbit electricals ... 18.80 18.80 18.80 18.80 18.80
vijay kishandas ch... 0.09 0.09 0.35 0.35 0.35
katara aruna mukesh 0.21 0.21 0.21 0.21 0.21
katara dental pvt.... 0.17 0.17 0.17 0.17 0.17
prakash pralhad ch... 0.14 0.14 0.14 0.14 0.14
kishandas parashra... 0.14 0.14 - - -
sunita kishandas c... 0.12 0.12 - - -
deepak kishan chha... 0.07 0.07 0.07 0.07 0.07
kavita sanjay rahe... 0.07 0.07 0.07 0.07 0.07
gayatri prakash ch... 0.06 0.06 0.06 0.06 0.06
hansika hiya praka... 0.05 0.05 0.05 0.05 0.05
priya vijay chhabr... 0.05 0.05 0.05 0.05 0.05
amit katara - - - - 0.03
amrita katara - - - - 0.03
amit m katara 0.03 0.03 0.03 0.03 -
amrita mukesh kata... 0.03 0.03 0.03 0.03 -
vini deepak chhabr... 0.02 0.02 0.02 0.02 0.02
katara mukesh dolu... 0.02 0.02 0.02 0.02 0.02
PARTICULARS Jun 2021% Sep 2021% Dec 2021% Mar 2022% Jun 2022%
Investors 47.53 47.53 47.53 47.53 47.53
dsp small cap fund... 2.91 - - - -
anuj a sheth 3.26 3.26 3.26 3.26 3.26
franklin templeton... - - - - -
dsp small cap fund... - - - - -
sbi small cap fund - - - - 2.84
franklin templeton... 1.68 - - - -
l&t mutual fund tr... - - - - -
l&t mutual fund tr... - - - - 1.41
l&t mutual fund tr... 1.41 - - - -
dsp small cap fund... - 1.41 1.12 1.12 -
l&t mutual fund-em... - 1.41 1.41 1.41 -
franklin templeton... - 1.40 - - -
hiten anantrai she... 1.21 1.21 1.21 1.21 1.21
gagandeep consulta... - - - - -
tata mutual fund -... - - - - -
dsp small cap fund - - - - 1.10
iepf 0.68 0.68 0.69 0.68 0.68
qualified institut... 0.50 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Finolex Industries informs about outcome of analyst meet 24 Sep 2022, 12:27PM Finolex Industries informs about analyst meet intimation23 Sep 2022, 2:59PM Finolex Industries informs about newspaper advertisement 30 Jul 2022, 2:23PM Finolex Industries informs about disclosure25 Jul 2022, 12:31PM Finolex Industries reports 32% fall in Q1 consolidated net profit25 Jul 2022, 11:29AM Finolex Inds - Quaterly Results22 Jul 2022, 7:54PM Finolex Inds - Quaterly Results22 Jul 2022, 7:54PM Finolex Industries informs about compliances-certificate12 Jul 2022, 2:14PM Finolex Industries informs about newspaper advertisement2 Jul 2022, 1:02PM Finolex Industries informs about updates2 Jul 2022, 12:15PM Finolex Industries informs about analyst meet15 Jun 2022, 3:00PM Finolex Industries informs about outcome of analyst meet14 Jun 2022, 4:48PM Finolex Industries informs about analyst meet3 Jun 2022, 4:48PM Finolex Industries informs about presentation on audited financial results19 May 2022, 11:39AM Finolex Inds - Quaterly Results18 May 2022, 10:49PM Finolex Inds - Quaterly Results18 May 2022, 10:49PM Finolex Industries informs about analyst meet22 Mar 2022, 3:03PM Finolex Industries informs about analyst meet16 Mar 2022, 4:43PM Finolex Industries informs about communication to shareholders15 Mar 2022, 5:19PM Finolex Industries informs about change in name of RTA11 Mar 2022, 4:07PM Finolex Industries informs about analyst meet8 Mar 2022, 2:37PM Finolex Industries informs about newspaper clippings27 Jan 2022, 11:30AM Finolex Industries informs about disclosure14 Sep 2021, 4:01PM Finolex Industries informs about analyst meet27 Aug 2021, 1:09PM Finolex Industries informs about analyst meet 4 Aug 2021, 11:11AM Finolex Industries informs about board meeting22 Jul 2021, 1:40PM Finolex Industries submits disclosure of related party transactions21 Jul 2021, 11:10AM Finolex Industries informs about annual secretarial compliance report26 Jun 2021, 12:41PM Finolex Industries informs about analyst meet25 Jun 2021, 2:58PM Finolex Industries informs about loss of share certificate18 Mar 2021, 10:28AM Finolex Industries informs about loss of share certificates6 Mar 2021, 11:12AM Finolex Industries informs about newspaper advertisements25 Feb 2021, 10:15AM Finolex Industries reports above 2- fold jump in Q3 consolidated net profit2 Feb 2021, 3:36PM Finolex Industries informs about newspaper publication25 Jan 2021, 9:59AM Finolex Industries informs about analysts meet29 Dec 2020, 3:16PM Finolex Industries informs about analyst meet28 Dec 2020, 4:43PM Finolex Industries informs about analyst meet19 Dec 2020, 4:11PM Finolex Industries informs about loss of share certificates19 Dec 2020, 3:51PM Finolex Industries informs about loss of share certificates5 Dec 2020, 12:00PM Finolex Industries reports 20% rise in Q2 consolidated net profit27 Oct 2020, 11:59AM Finolex Industries increases Turnover Discount Scheme across dealer network20 May 2020, 2:59PM

Finolex Inds Stock Price Analysis and Quick Research Report. Is Finolex Inds an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Finolex Inds has a PE ratio of 8.788743505513 which is low and comparatively undervalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Finolex Inds has ROA of 22.2536032429715 % which is a good sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Finolex Inds has a Current ratio of 2.54073487091796 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Finolex Inds has a ROE of 30.3740715966231 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Finolex Inds has a D/E ratio of 0.072 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Finolex Inds has an Inventory turnover ratio of 4.80519467091284 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Finolex Inds has reported revenue growth of 34.227544356737 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Finolex Inds for the current financial year is 22.0286100376131 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Finolex Inds is Rs 4 and the yield is 2.805 %.

Brief about Finolex Inds

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