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

FINPIPE's revenue is projected to decrease from last year, a development that could lead investors to adopt a more cautious approach. A revenue decline can negatively affect profitability, signaling challenges for the company and making it less attractive for those seeking solid financial performance.

Financial Ratios:

currentRatio 3.555000
forwardPE 18.573277
debtToEquity 3.883000
earningsGrowth -0.004000
revenueGrowth -0.051000
grossMargins 0.353920
operatingMargins 0.123210
trailingEps 12.940000
forwardEps 11.460000

FINPIPE's current ratio of 3.555 means the company has enough liquidity to meet its short-term debt obligations. With sufficient cash reserves and current assets, FINPIPE can comfortably cover its liabilities, reflecting a strong financial outlook.
FINPIPE's Forward PE is at a healthy level, indicating that the stock price is well-positioned relative to its earnings. With the stock not being overvalued, there remains room for future growth, suggesting a balanced opportunity for investors seeking potential upside.
FINPIPE's low earnings and revenue growth highlight potential profit shrinkage. This suggests that the company may struggle to maintain its financial performance, raising concerns about its future profitability.
FINPIPE's negative gross and operating margins indicate that the company is not generating profit from either production or day-to-day operations. This could suggest cost overruns or declining revenue, impacting its financial stability.
FINPIPE's forward EPS being less than trailing EPS indicates the company's profitability is expected to decrease. This signals a potential downturn in financial performance compared to the previous year.

Price projections:

Price projections for FINPIPE
Price projections for FINPIPE

The price of FINPIPE has regularly been close to the lower end of projections, suggesting that it might be struggling to meet market expectations. This trend raises questions about the company's future performance.

Recommendation changes over time:

Recommendations trend for FINPIPE
Recommendations trend for FINPIPE


A recent buy bias from analysts toward Finolex Industries Limited indicates strong confidence in the stock's future performance. This could encourage investors to park their money in Finolex Industries Limited, viewing it as a stable and potentially rewarding investment opportunity with promising long-term growth prospects.