Overall Fundamental outlook

Business Operations:

Sector: Industrials
Industry: 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:

Revenue projections for FINPIPE
Revenue projections for FINPIPE

Revenues for FINPIPE are forecasted to decline from last year's levels, prompting caution among investors. When revenues fall, it can have a significant negative impact on the company's bottom line, reducing profitability and making the stock less attractive to risk-averse investors.

Financial Ratios:

currentRatio 5.290000
forwardPE 17.333668
debtToEquity 0.359000
earningsGrowth 2.030000
revenueGrowth 0.037000
grossMargins 0.356690
operatingMargins 0.119630
trailingEps 7.770000
forwardEps 10.025000

Finolex Industries Limited's current ratio being 5.29 suggests that the company has no issue servicing its short-term debt. Its strong liquidity position, supported by sufficient cash reserves and current assets, ensures that Finolex Industries Limited can meet its financial obligations with ease.
FINPIPE's Forward PE is in a reasonable range, indicating the stock is priced well relative to its earnings. The stock isn't overpriced, which leaves room for future growth, making it an attractive option for investors seeking value and long-term gains.
Finolex Industries Limited's forward EPS exceeds its trailing EPS, indicating that the company is projected to be more profitable in the current financial year compared to the previous one. This suggests positive growth and improved earnings, signaling an optimistic outlook for Finolex Industries Limited's financial performance.

Price projections:

Price projections for FINPIPE
Price projections for FINPIPE

FINPIPE's price projections have gradually decreased, indicating a more conservative outlook from analysts. The repeated downward revisions suggest waning confidence in the company's ability to achieve its previous targets.

Recommendation changes over time:

Recommendations trend for FINPIPE
Recommendations trend for FINPIPE


The recent buy bias from analysts suggests Finolex Industries Limited is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, Finolex Industries Limited appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.