More about Finolex Industries Limited
Fundamentals for Finolex Industries Limited
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Fundamentals for Finolex Industries Limited
Business Operations:
Sector: IndustrialsIndustry: Building Products & Equipment
Finolex Industries Limited manufactures and sells polyvinyl chloride (PVC) pipes and fittings, and PVC resins in India. It operates in two segments, PVC Resin and PVC Pipes and Fittings. The company offers agriculture pipes and fittings; column pipes; casing pipes; and solvent cement and lubricants. It also provides plumbing and sanitation pipes and fitting, such as ASTM pipes and fittings; chlorinated PVC pipes and fittings; SWR pipes and fittings; sewerage pipes; and solvent cement, lubricant, and primer. The company distributes its products through dealers and retailers. Finolex Industries Limited was founded in 1956 and is based in Pune, India.
Revenue projections:
Finolex Industries Limited's revenue is forecasted to dip below last year's figures, raising concerns for investors who are typically wary of declining financial performance. Such drops can directly affect the company's bottom line, potentially leading to a decrease in overall profitability, making investors more cautious in their decisions.
Financial Ratios:
| currentRatio | 0.00000 |
|---|---|
| forwardPE | 20.14748 |
| debtToEquity | 0.35900 |
| earningsGrowth | 0.23700 |
| revenueGrowth | -0.10300 |
| grossMargins | 0.37606 |
| operatingMargins | 0.10760 |
| trailingEps | 8.13000 |
| forwardEps | 9.42500 |
Finolex Industries Limited's Forward PE is well-positioned, indicating the stock price is favorable compared to its earnings. This suggests the stock is not overpriced and offers room for growth, making it an attractive option for investors looking for future value appreciation.
With FINPIPE's forward EPS higher than its trailing EPS, the company is expected to be more profitable in the current financial year. This signals confidence in FINPIPE's growth potential, as improved earnings are forecasted compared to the prior year's performance.
Price projections:
The gradual downward revision of Finolex Industries Limited's price projections signals decreasing confidence in the company's future performance. Analysts are adjusting their expectations, reflecting uncertainty about Finolex Industries Limited's growth potential.
Recommendation changes over time:
Analysts' buy bias toward FINPIPE suggests the stock is seen as a solid investment, potentially motivating investors to consider it for their portfolios. With this positive outlook, FINPIPE is likely to be viewed as a secure place to allocate funds, driving further interest in the stock.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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