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

With Finolex Industries Limited's revenue expected to be lower than the previous year, investors may become cautious. Declining revenues often negatively impact the bottom line, reducing profitability and raising concerns among investors about the company's ability to maintain strong financial performance moving forward.

Financial Ratios:

currentRatio 5.290000
forwardPE 16.764963
debtToEquity 0.359000
earningsGrowth 2.030000
revenueGrowth 0.037000
grossMargins 0.356690
operatingMargins 0.119630
trailingEps 7.760000
forwardEps 11.460000

Finolex Industries Limited's current ratio being 5.29 shows it has more than enough assets to cover its short-term debts. The company's liquidity position is strong, with ample cash reserves available to meet its immediate financial obligations without strain.
FINPIPE'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.
FINPIPE's forward EPS is higher than its trailing EPS, suggesting the company is expected to improve its profitability this financial year. This reflects growing confidence in FINPIPE's earnings potential, with forecasts indicating better financial performance than in the prior year.

Price projections:

Price projections for FINPIPE
Price projections for FINPIPE

FINPIPE's price projections have been revised downward over time, reflecting a shift in sentiment among analysts. The steady decline in projections points to a more cautious outlook on the company's future performance.

Recommendation changes over time:

Recommendations trend for FINPIPE
Recommendations trend for FINPIPE


Analysts are favoring FINPIPE with a buy bias, highlighting the stock's potential as a solid investment. This recommendation might drive more investors to consider FINPIPE as a secure and profitable option for their money, contributing to a broader positive sentiment in the market.