# Finolex Industries share price today (Finolex Industries Ltd, NSE: FINPIPE) > Finolex Industries share price today: ₹138.02 at the NSE close on 3 November 2026, down 26.6% in a year. Finolex Industries (NSE: FINPIPE) is worth ₹8,573 crore, trades at a P/E of 14.1 and has closed between ₹137.16 and ₹189.89 over the past 52 weeks. > Finolex Industries Ltd's P/E is near the low end of its own history, higher than only 11% of past readings, and its quarterly results are still getting worse. FINPIPE · Building Materials - Plastic Pipes · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/finolex-industries-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Getting better, from the last 12 quarters - Price: ₹138.02 (−26.6% in a year) - P/E: 14.1× (lower than 89% of the last 11 years) - Revenue (Sep 2026): ₹1,094 Cr (+27.4% on a year ago) - Profit (Sep 2026): ₹115 Cr (−7.3% on a year ago) - Operating margin: 11.0% (−4.0 points on a year ago) - ROCE: 12%, FY26 - ROIC: 9.2%, against a 12.0% cost of capital: −2.8 points The main question: the P/E is near the low end of its own history, higher than only 11% of past readings, but results are getting worse. A low multiple can stay low until the quarters turn. ## What is the Finolex Industries share price today? Finolex Industries Ltd's share price was ₹138.02 at the close on 3 November 2026. It has been falling for 97 weeks. That is 17.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹137 and ₹190, and at that close it sat 2% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 19 weeks running. Over the last 11 years the share price moved +84% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 1 July 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Finolex Industries this quarter? Three changes stood out: foreign funds (FIIs) cut their stake for 7 quarters in a row, profit fell in the September 2026 quarter and operating margin down 4 points on a year earlier. 1. Foreign funds (FIIs) cut their stake for 7 quarters in a row From 6.6% to 5.8% of the company by the September 2026 quarter. 2. Profit fell in the September 2026 quarter Profit was ₹115 crore, -7.3% on a year earlier (₹124 crore), after 4 quarters of growth. 3. Operating margin down 4 points on a year earlier 11% in the September 2026 quarter, from 15%. ## What are Finolex Industries' latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), Finolex Industries reported revenue of ₹1,094 crore, up 27.4% from ₹859 crore a year earlier, and a profit of ₹115 crore, down 7.3% from ₹124 crore. ### Finolex Industries results: July to September 2026 against a year earlier | Measure | July to September 2026 | July to September 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹1,094 crore | ₹859 crore | +27.4% | | Profit | ₹115 crore | ₹124 crore | −7.3% | | Earnings per share | ₹1.85 | ₹1.99 | −7.0% | | Operating margin | 11.0% | 15.0% | −4.0 points | The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). The newest call in our records is from 7 August 2026, about April to June 2026; a call about these results is not in our records yet. (From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.) ## What is the Finolex Industries share price history? Finolex Industries closed at ₹138.02 on 3 November 2026, down 26.6% from ₹188.01 a year earlier (31 October 2025) and down 40.6% over five years. Its highest weekly close since March 2016 was ₹350.30 on 7 June 2024. ### Finolex Industries share price: then and now | When | Close | Change to 3 Nov 2026 | | --- | --- | --- | | 1 week ago · 23 Oct 2026 | ₹142.40 | −3.1% | | 1 month ago · 1 Oct 2026 | ₹150.49 | −8.3% | | 6 months ago · 30 Apr 2026 | ₹172.84 | −20.1% | | 1 year ago · 31 Oct 2025 | ₹188.01 | −26.6% | | 3 years ago · 3 Nov 2023 | ₹191.75 | −28.0% | | 5 years ago · 4 Nov 2021 | ₹232.25 | −40.6% | | 10 years ago · 4 Nov 2016 | ₹88.78 | +55.5% | | Earliest weekly close in our records · 11 Mar 2016 | ₹74.93 | +84.2% | | Highest weekly close since March 2016 · 7 Jun 2024 | ₹350.30 | −60.6% | | Lowest weekly close since March 2016 · 23 Mar 2016 | ₹70.79 | +95.0% | | 52-week high (weekly close) · 20 Feb 2026 | ₹189.89 | −27.3% | | 52-week low (weekly close) · 30 Oct 2026 | ₹137.16 | +0.6% | Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (562 weekly closes from 11 March 2016 to 3 November 2026.) ## What is the latest news on Finolex Industries? 3 Nov 2026: Finolex Industries closed at ₹138.02, down 3.1% on the week and down 8.3% on the month. Results for July to September 2026: Revenue up 27.4% and profit down 7.3% on a year earlier. ### Earlier - 11 Sep 2026: ex-date for a dividend + special dividend of ₹2.75 a share. - 7 Aug 2026: Finolex Industries held its results call for April to June 2026. Management guided: Volumes and realizations expected to recover over coming quarters as channel inventory normalizes and polymer prices stabilize. ## What dividend does Finolex Industries pay? Finolex Industries paid ₹2 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 1.45% at the ₹138.02 close on 3 November 2026. The last was a dividend + special dividend of ₹2.75 a share, ex-date 11 September 2026. ### Finolex Industries dividends since 1 April 2021 | Ex-date | Dividend per share | Type | Record date | | --- | --- | --- | --- | | 11 Sep 2026 | ₹2.75 | Dividend + Special | same day | | 4 Sep 2025 | ₹3.60 | Dividend + Special | 5 Sep 2025 | | 11 Sep 2024 | ₹2.50 | Dividend | n/a | | 21 Aug 2023 | ₹1.50 | Dividend | n/a | | 22 Aug 2022 | ₹4 | Dividend + Special | n/a | | 14 Sep 2021 | ₹4 | Dividend + Special | n/a | Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record ₹0.75 Special dividends, last 12 months Yes. Finolex Industries Ltd paid out 28% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years. (From the NSE corporate-actions record, read 4 November 2026.) ## What did Finolex Industries management say on the latest results call? On the call for April to June 2026, held on 7 August 2026, Finolex Industries' management guided: Volumes and realizations expected to recover over coming quarters as channel inventory normalizes and polymer prices stabilize. > “We remain optimistic, although cautious, about the recovery in volumes and realizations as inventory normalizes and polymer prices stabilize, aided by the two developments I discussed, namely the recent customs duty and MIP interventions.” > Ajit Agarwal, on the call for April to June 2026 ### What management guided - Q2 realization expected to improve; H1FY27 volume could show a slight on a year earlier increase if July's direction continues. - FY27 operating margin up to 15%; framework retained pending another quarter of visibility. - FY27 capital spending and capacity expansion plan remains intact; amount not clearly stated on the call. - Installed capacity headroom supports 10-12% growth over the next 1-1.5 years. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/389/Conference Call/CC-Aug26.pdf). (From the call for April to June 2026, 7 August 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.) ## What to watch in Finolex Industries' next results? When Finolex Industries reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: August-September volume trend to confirm whether July recovery carries into H1. - What to check (from the call) - August-September volume trend to confirm whether July recovery carries into H1. - Operating margin to remain within the retained ceiling as PVC pricing and volumes normalize. - VCM availability and Ratnagiri production continuity to test supply-chain recovery. - Board action on cash deployment to reveal whether projects or shareholder returns receive priority. ## Which stock lists is Finolex Industries on? Finolex Industries is on one of our India lists: 52 week high & low. [52 week high & low 52-week position: At 52-week low](https://www.sectoralpha.in/52-week-high-stocks-india) ## Is Finolex Industries profitable? Finolex Industries Ltd earned ₹115 Cr of net profit in the Sep 2026 quarter, −7.3% on the same quarter a year earlier. Full-year FY26 profit was ₹599 Cr. Over 10 years profit has grown 8.8% a year on average. That is 10.5% of the quarter's revenue. The same quarter a year earlier earned ₹124 Cr. For the full year, FY26 profit was ₹599 Cr (−25.1% on the year before). Why profit moved: revenue changed +27.4% on a year earlier and the margin moved −4.0 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed +22.9% and revenue +3.5%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Finolex Industries make, and is it growing? Finolex Industries Ltd reported ₹1,094 Cr of revenue in the Sep 2026 quarter, +27.4% on the same quarter a year earlier. Over 10 years it has grown 5.2% a year on average. The last full year, FY26, came in at ₹4,113 Cr. The last four reported quarters add to ₹4,190 Cr. FY26 revenue was ₹4,113 Cr, −0.7% on the year before. Recent pace: the last four quarters grew +3.5% on average, against 5.2% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +2.8%, against −0.4% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +26.2%, against −13.0% a year (accelerating). ## How much of every ₹100 of sales does Finolex Industries keep? Finolex Industries Ltd's operating margin was 11.0% in the Sep 2026 quarter, 4.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 7.0% and 29.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −3.8 percentage points on the year while gross margin changed −10.1 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is Finolex Industries' profit turning into cash? Over the last 3 years, 50% of Finolex Industries Ltd's reported profit came in as cash from its operations, a gap worth watching. In FY26 it brought in ₹192 Cr of operating cash against ₹599 Cr of profit. After ₹71.0 Cr of spending on assets, ₹121 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 50% of profit came in as cash: the cash cycle got 26 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. When less than 70% of profit comes in as cash, it is the thing to watch on this page. What to look at next: less of the profit turns into cash than it should, and the cash cycle is 26 days longer. The next section looks at where the cash is stuck. ## Where does Finolex Industries' cash go? Finolex Industries Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 134 days in FY26, up from 108 days in FY21. It spent ₹276 Cr on assets over the last 3 years. Customers take 32 days to pay, and stock sits for 159 days on average. At FY26 sales of ₹4,113 Cr, each day of that cycle ties up about ₹11.3 Cr, so roughly ₹1,510 Cr is tied up in the business at any time. FY26: customers took 32 days to pay and stock sat for 159 days, about 5.2 months of sales sitting as stock, for a full cycle of 134 days, longer than FY21's 108. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 159 days. Customers pay about 32 days after that. Suppliers are paid at 57 days. Together that makes the 134-day cycle. Spending on assets: ₹276 Cr over the last 3 years, against ₹330 Cr of depreciation (the yearly wear and tear on existing assets). So it is spending about what it takes to replace what wears out, or less. Work still in progress is ₹28.0 Cr (FY26): assets paid for that are not earning yet. In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit. ## What is Finolex Industries' P/E ratio, and how does it compare with its own history? Finolex Industries Ltd's P/E is 14.1×, near the low end of its own history: it has been lower only 11% of the time. Its usual P/E (the middle reading) is 23.0×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −25.1% while the price moved −26.6%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved −9.9% a year; about −6.0% a year came from earnings growth and about −3.9 percentage points from the multiple (the market paying less); over 10 years the price moved +4.5% a year; about +10.1% a year came from earnings growth and about −5.6 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Finolex Industries business getting better or worse? Finolex Industries Ltd's business is getting better. Profit growth hit its low 4 quarters ago at −40.0% and has recovered to +26.2%, with ROCE rising at 13.1%. This is based on 12 quarters of 4 measures. Why it matters: a lasting rise from a low is what this page is built to show. ## How much does Finolex Industries earn on its capital? Finolex Industries Ltd earned a ROCE of 12% in FY26. That is up from a low of 7% in FY23. Its return on capital used (ROIC) is 2.8 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 14.6% net margin and 0.54× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 14.6% net margin × 0.54× asset turnover × 1.22× leverage (assets divided by equity) ≈ 9.6% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 9.2% − 12.0% = −2.8 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 9.2% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 10.3%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Finolex Industries have too much debt? Finolex Industries Ltd has total debt of ₹446 Cr against shareholder equity of ₹6,215 Cr as of Jun 2026, so its debt is 0.07× its equity, which is very little. Year by year, that ratio went from 0.07 in FY22 to 0.07 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Finolex Industries shareholding pattern? No group of Finolex Industries Ltd's owners changed its stake by a full percentage point over the last two years. Foreign institutions moved −0.6 points over the same period, to 5.8%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: −0.7 points over 8 quarters, to 11.4%; Foreign institutions: −0.6 points over 8 quarters, to 5.8%; Promoters: +0.0 points over 8 quarters, to 52.5%. ## How far is Finolex Industries from balance-sheet trouble? For Finolex Industries Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Finolex Industries rank in its industry? 40.8 out of 100, rank 4 of 5 in Building Materials - Plastic Pipes, with 87% of the evidence available. Finolex Industries Ltd scores 40.8 out of 100 against the 5 companies it is compared with in Building Materials - Plastic Pipes, ranking 4. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 17.7 + 9.8 + 12.5 + 0.8 = 40.8. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Finolex Industries compared with? Finolex Industries ranks 4 of 5 Building Materials - Plastic Pipes companies on the 4-Factor Sector Score, with 40.8 out of 100. 1. [Prince Pipes & Fittings Ltd](https://www.sectoralpha.in/stocks/prince-pipes-fittings-ltd) PRINCEPIPE · turning · Most evidence points up · 78% evidence 66.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.7/35 · Revenue 5.1% · Profit 100% · Operating margin change 6 points · 88% evidence Capital efficiency 10.9/25 · ROCE 6% · Operating margin 13% · 100% evidence Valuation 16.3/20 · P/E 27.2× · PEG 0.91 · 85% evidence Relative strength 11.2/20 · Lead over its industry n/a · Lead over NIFTY 500 2.4% · 1 year -20% · 25% evidence · 3 of 12 weeks ahead Exact sum: 27.7 + 10.9 + 16.3 + 11.2 = 66.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Supreme Industries Ltd](https://www.sectoralpha.in/stocks/supreme-industries-ltd) SUPREMEIND · quiet · Evidence leans up · 97% evidence 57.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.8/35 · Revenue 16.6% · Profit 33.3% · Operating margin change 1 points · 100% evidence Capital efficiency 21.6/25 · ROCE 20.7% · Operating margin 13% · 100% evidence Valuation 4.9/20 · P/E 35.4× · PEG 2.7 · 85% evidence Relative strength 4.9/20 · Lead over its industry -6.8% · Lead over NIFTY 500 -7.1% · 1 year -17.4% · 100% evidence · 5 of 12 weeks ahead Exact sum: 25.8 + 21.6 + 4.9 + 4.9 = 57.2 · What this means: Earnings are strong; relative strength in its sector is -6.8% and the one-year return is -17.4%. 3. [Astral Ltd](https://www.sectoralpha.in/stocks/astral-ltd) ASTRAL · breaking out · Evidence leans up · 83% evidence 54.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.3/35 · Revenue 16.8% · Profit 20.3% · Operating margin change 1 points · 88% evidence Capital efficiency 18.4/25 · ROCE 19.2% · Operating margin 15% · 100% evidence Valuation 12.2/20 · P/E 60.9× · PEG n/a · 35% evidence Relative strength 3.6/20 · Lead over its industry -5.5% · Lead over NIFTY 500 -5.9% · 1 year -7.5% · 100% evidence · 2 of 12 weeks ahead Exact sum: 20.3 + 18.4 + 12.2 + 3.6 = 54.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. Finolex Industries Ltd this page FINPIPE · quiet · Evidence leans down · 87% evidence 40.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.7/35 · Revenue 2.8% · Profit 26.2% · Operating margin change -4 points · 100% evidence Capital efficiency 9.8/25 · ROCE 11.8% · Operating margin 11% · 100% evidence Valuation 12.5/20 · P/E 14× · PEG n/a · 35% evidence Relative strength 0.8/20 · Lead over its industry -14.9% · Lead over NIFTY 500 -15% · 1 year -27% · 100% evidence · 0 of 12 weeks ahead Exact sum: 17.7 + 9.8 + 12.5 + 0.8 = 40.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Apollo Pipes Ltd](https://www.sectoralpha.in/stocks/apollo-pipes-ltd) APOLLOPIPE · breaking out · Most evidence points down · 68% evidence 30.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 3.3/35 · Revenue -2% · Profit -80% · Operating margin change -7 points · 83% evidence Capital efficiency 3.5/25 · ROCE 1.2% · Operating margin 1% · 76% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 14.0/20 · Lead over its industry 23.3% · Lead over NIFTY 500 21.4% · 1 year 62.5% · 100% evidence · 11 of 12 weeks ahead Exact sum: 3.3 + 3.5 + 10 + 14 = 30.8 · What this means: Relative strength against the index is 21.4%, and revenue and profit growth are weak. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Building Materials - Plastic Pipes](https://www.sectoralpha.in/sectors/building-materials-plastic-pipes), all 5 compared on one page. ## Which companies are close to Finolex Industries in size? Finolex Industries is the 3rd largest of 5 Building Materials - Plastic Pipes companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Supreme Industries and Astral. Just below it: Prince Pipes & Fittings and Apollo Pipes. ### Building Materials - Plastic Pipes companies close in size 1. [Supreme Industries Ltd](https://www.sectoralpha.in/stocks/supreme-industries-ltd) ₹40,013 crore 2. [Astral Ltd](https://www.sectoralpha.in/stocks/astral-ltd) ₹36,050 crore 3. Finolex Industries Ltd ₹8,510 crore 4. [Prince Pipes & Fittings Ltd](https://www.sectoralpha.in/stocks/prince-pipes-fittings-ltd) ₹2,832 crore 5. [Apollo Pipes Ltd](https://www.sectoralpha.in/stocks/apollo-pipes-ltd) ₹2,311 crore [All 5 Building Materials - Plastic Pipes companies, largest first](https://www.sectoralpha.in/sectors/building-materials-plastic-pipes#all-companies) ### Companies close in size in other industries 1. [Aditya Birla Lifestyle Brands Ltd](https://www.sectoralpha.in/stocks/aditya-birla-lifestyle-brands-ltd) ₹8,606 crore · Textiles - Readymade Apparel 2. [Welspun Enterprises Ltd](https://www.sectoralpha.in/stocks/welspun-enterprises-ltd) ₹8,569 crore · Water Treatment 3. Finolex Industries Ltd ₹8,510 crore 4. [Jayaswal Neco Industries Ltd](https://www.sectoralpha.in/stocks/jayaswal-neco-industries-ltd) ₹8,454 crore · Mining/Minerals - Iron Ore 5. [Jupiter Life Line Hospitals Ltd](https://www.sectoralpha.in/stocks/jupiter-life-line-hospitals-ltd) ₹8,430 crore · Hospitals ## What else do people ask about Finolex Industries? ### What is Finolex Industries's share price today? Finolex Industries Ltd's share price is ₹138.02, −26.6% over the past year. The whole company is worth ₹8,573 Cr on the market. In the last 52 weeks it traded between ₹137 to ₹190; today it is 2% of the way up from the low, 17.5% below its 200-day average (as of 3 November 2026). ### What were Finolex Industries's latest quarterly results? Finolex Industries Ltd reported revenue of ₹1,094 Cr and net profit of ₹115 Cr for the Sep 2026 quarter. Revenue rose 27.4% and profit fell 7.3% compared with a year earlier. Earnings per share were ₹1.85. The operating margin was 11.0%, 4.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is Finolex Industries's market cap? Finolex Industries Ltd's market capitalisation is ₹8,573 Cr at a share price of ₹138.02. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Finolex Industries performing? Finolex Industries Ltd's share price has been falling for 97 weeks. In its latest quarter, revenue rose 27.4% and profit fell 7.3% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 19 weeks running (as of 3 November 2026). ### Will Finolex Industries's share price go up? This page does not forecast Finolex Industries Ltd's share price. What it shows instead: the share price is ₹138.02, and it has been falling for 97 weeks. Its P/E of 14.1× is higher than 11% of its own last 11 years (as of 3 November 2026). ### Who owns Finolex Industries? Promoters own 52.5% of Finolex Industries Ltd, foreign institutions 5.8%, domestic institutions 11.4% and the public 30.0% (latest quarter). No group of owners changed its stake by a full point over the last two years (as of 3 November 2026). ### Where is Finolex Industries in its business cycle? Finolex Industries Ltd's FY26 operating margin was 16.0%, against a 13-year range of 7.0% to 29.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 11.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Finolex Industries story? The main question: the P/E is near the low end of its own history, higher than only 11% of past readings, but results are getting worse. A low multiple can stay low until the quarters turn. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Finolex Industries a stock worth studying right now? What the numbers show: Finolex Industries Ltd's P/E is near the low end of its own history, higher than only 11% of past readings, and its quarterly results are still getting worse. The main open question: whether results start to improve. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Finolex Industries share price forecast for 2026? What management itself guided: Volumes and realizations expected to recover over coming quarters as channel inventory normalizes and polymer prices stabilize. ## Lists - 52 week high & low: https://www.sectoralpha.in/52-week-high-stocks-india This is research, not advice. We’re not SEBI-registered.