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Finolex Industries Limited

Capital Goods · Industrial Products

NSE: FINPIPE BSE: 500940
₹151.48
▲ 0.33 (0.22%)
Sept. 30, 2026 · NSE · nse_bhavcopy
Quality
66/100
Moderate
Valuation
83/100
Undervalued
Momentum
46/100
Neutral

QVM read Cheap on its own multiples Quality Moderate, Valuation Undervalued, Momentum Neutral

Tradinity's own scoring, not a copy of any third party's -- see the Key Metrics section for the real ratios behind each number.

About

Finolex Group is an Indian conglomerate company based in Pune, India. The Finolex Group comprises Finolex Cables Ltd., Finolex Industries Ltd., Finolex J-Power Systems Ltd. and Finolex Plasson Industries Ltd. The group was founded in 1958 by P. P. Chhabria and K. P. Chhabria. The Finolex brand was intuitive from “Fine” and “Flexibles” and “O” with an electric arc across it – suggesting the electrical cable business the company was in.

Source: Wikipedia

Key Metrics

Market Capitalization
₹9,399 Cr
PE (TTM)
15.8
Industry median 24.4 (265 companies)
Price to Book
1.5
PEG (TTM)
Data unavailable (needs 8 quarters of EPS).
Institutions holding %
17.20%
FII + DII, latest filed period
Piotroski Score
4
Relative return vs Nifty50, qtr %
-6.5
Relative return vs Sector, qtr %
-6.6
Free Cash Flow
₹127 Cr
as of March 31, 2026
Industry median ₹-0 Cr (379 companies)
EPS Growth (YoY)
10.83%
as of June 30, 2026
Industry median 18.18% (314 companies)
Net Profit Growth (TTM)
-26.50%
as of June 30, 2026
Industry median 12.01% (310 companies)
Operating Revenue Growth (TTM)
-5.50%
as of June 30, 2026
Industry median 8.28% (307 companies)
Profit Growth (YoY)
10.81%
as of June 30, 2026
Industry median 15.23% (307 companies)
Revenue Growth (YoY)
-15.30%
as of June 30, 2026
Industry median 16.28% (288 companies)
Current Ratio
3.54
as of March 31, 2026
Industry median 2.00 (375 companies)
Debt to Equity
0.07
as of March 31, 2026
Industry median 0.15 (334 companies)
Interest Coverage
36.83
as of June 30, 2026
Industry median 6.34 (319 companies)
Net Margin
12.16%
as of June 30, 2026
Industry median 5.55% (300 companies)
Operating Margin (EBIT)
17.48%
as of June 30, 2026
Industry median 9.14% (306 companies)
Operating Margin (TTM)
20.44%
as of June 30, 2026
Industry median 8.26% (317 companies)
Return on Assets
7.89%
as of March 31, 2026
Industry median 4.65% (315 companies)
Return on Capital Employed
12.10%
as of March 31, 2026
Industry median 11.69% (315 companies)
Return on Equity
9.64%
as of March 31, 2026
Industry median 8.58% (315 companies)

Investment checklist

Tradinity's own yes/no questions with the rule stated beside each. “Items without enough data are left out, never counted as a No, and the totals count only answered questions. A summary of numbers on this page, not advice.

Financials

1 of 8 met
  • No Net profit is higher than a year earlier in each of the last 4 quarters
  • No Revenue is higher than a year earlier in each of the last 4 quarters
  • No Quality score is Strong (70 or more)
  • No Piotroski F-score is 7 or more (score 4)
  • Yes Debt to equity is below 0.5 (0.07)
  • No Return on equity is 15% or more (9.6%)
  • No Net cash flow for the latest year is positive
  • No Cash from operations is higher than the year before

Ownership

2 of 3 met
  • No FII/FPI or DII holding rose in the latest quarter
  • Yes Promoter holding rose or was unchanged in the latest quarter
  • Yes Promoter pledge is 5% of their holding or less and not rising (0.0% pledged)

Peer comparison

0 of 3 met
  • No 1-year return beats the industry median
  • No Revenue growth beats the industry median
  • No Profit growth beats the industry median

Value and momentum

2 of 6 met
  • Yes Price sits in the Buy zone of its own historical PE range (Undervalued (below its own historical PE range))
  • Yes Valuation score is Undervalued (70 or more)
  • No Momentum score is Bullish (70 or more)
  • No Price is above the 5, 10 and 20 day averages
  • No Price is above the 50, 100 and 200 day averages
  • No Latest candle has a bullish shape (hammer, dragonfly doji, white marubozu)

Price

Download CSV

PE/EPS use each quarter's real filed EPS only from 45 days after quarter-end (no look-ahead) against the raw close of the day. Price-to-book isn't a mode here: the feed has no dated share count, so there's no real history to chart.

RSI (14) (same adjusted close series as the price chart above)

MACD (12, 26, 9) (same adjusted close series as the price chart above)

Relative Returns (vs NIFTY 50)

Prices adjusted for splits and bonuses. * = a corporate action affecting this date could not be parsed and is not reflected.

Price range

Day return
0.2%
Low 150.3600 · High 153.4400
1W return
-1.7%
Low 149.6500 · High 155.2000
1M return
-4.0%
Low 148.0500 · High 160.2100
52W return
-24.0%
Low 147.5400 · High 206.6900
Lifetime High ₹738.2000 (Oct. 19, 2017)
Lifetime Low ₹4.3000 (Oct. 13, 1998)

Full price history and technicals →

Technicals

Full technicals, indicators & Volume/Delivery →

EMA & SMA

Bullish0
Bearish6
5D
152.1
10D
152.9
20D
154.5
50D
158.8
100D
163.5
200D
170.3

Delivery and volume

Day avg. delivery
52.9%
Week avg. delivery
49.8%
Month avg. delivery
48.8%

Week = 5 sessions, Month = 22 sessions ending the latest trading day — the same combined NSE+BSE delivery data as the table below, just summed.

Resistance and support

151.76
Pivot
First resistance153.16
Second resistance154.84
Third resistance156.24
First support150.08
Second support148.68
Third support147.00
Day RSI38.0
Day MFI51.2
Day MACD-2.22
Day MACD signal-2.24

Beta

1M0.54
3M0.72
1Y0.83
3Y1.04

Price change analysis

↓ -4.0%
Over 1 Month
LowHigh
148.05160.21
↓ -13.8%
Over 3 Months
LowHigh
148.05178.00
↓ -4.8%
Over 6 Months
LowHigh
148.05200.40
↓ -24.0%
Over 1 Year
LowHigh
147.54206.69
Legend Positive indicator Neutral indicator Negative indicator

Buy/Sell Zone

View Buy/Sell Zone →
Current PE 15.8 (own history: 16.0–33.5)
Undervalued (below its own historical PE range)

Financials

View full financials, peers & valuation multiples →
Revenue (June 30, 2026)
₹884 Cr
Net profit (June 30, 2026)
₹107 Cr
Basic EPS (June 30, 2026)
₹1.7400

Ranks #34 of 335 in Industrial Products by market cap -- full peer table on the Financials page.

Shareholding pattern / Ownership

Shareholding summary

Jun 2026
  • Promoter52.47%
  • Mutual funds11.27%
  • FII/FPI5.85%
  • Other DII0.08%
  • Public29.98%

Largest holders

NameCategoryShares %Shares
FINOLEX CABLES LTD.Promoter32.3900%200962985
ORBIT ELECTRICALS PRIVATE LIMITEDPromoter18.8000%116654505
SBI CONSERVATIVE HYBRID FUNDPublic5.9700%37071875
ANUJ ANANTRAI SHETHPublic3.3500%20805000
INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MPublic2.1100%13070642

As of June 30, 2026. Only holders the filing discloses individually.

Historical promoter holding

Promoters holdings were unchanged at 52.47% in Jun 2026 qtr

Historical fii holding

FII/FPI holdings decreased from 5.87% to 5.85% in Jun 2026 qtr

Historical mutual fund holding

Mutual funds holdings decreased from 11.36% to 11.27% in Jun 2026 qtr

7 mutual fund schemes also hold this stock.

All shareholding details →

Insider trading, SAST & pledges

All 4 insider trades, 5 SAST, 3 pledge events →

Latest insider trades

FiledPersonCategoryTypeQuantityValue
1 Dec 2021 Sunita Kishandas Chhabria Promoter group Sell 0 ₹0
1 Dec 2021 Vijay Kishandas Chhabria Promoter group Buy 0 ₹0
1 Dec 2021 Kishandas Parashram Chhabria Promoter group Sell 0 ₹0
19 Apr 2021 MUKESH DOLUMAL KATARA Director Pledge Revoke 0 ₹97.46 L

All insider and SAST disclosures →

Deals (Bulk & Block)

All 22 deals, with filters and CSV →
DateClientDealActionQuantityPriceExchange
17 Jun 2026 HDFC LIFE INSURANCE CO. LTD. Bulk Sell 4,270,000 169.7100 NSE
17 Jun 2026 HDFC LIFE INSURANCE COMPANY LIMITED Bulk Sell 3,777,909 169.6200 BSE
24 Mar 2025 GRAVITON RESEARCH CAPITAL LLP Bulk Buy 4,134,867 191.4700 NSE
24 Mar 2025 GRAVITON RESEARCH CAPITAL LLP Bulk Sell 4,134,867 191.5700 NSE
27 Dec 2024 GRAVITON RESEARCH CAPITAL LLP Bulk Buy 5,416,443 259.3500 NSE
27 Dec 2024 GRAVITON RESEARCH CAPITAL LLP Bulk Sell 5,416,443 259.5300 NSE
11 Oct 2022 ISHARES INDIA SC MAURITIUS COMPANY Block Sell 108,207 139.8500 BSE
11 Oct 2022 ISHARES MSCI INDIA SMALL-CAP ETF Block Buy 108,207 139.8500 BSE
11 Oct 2022 ISHARES CORE EMERGING MARKETS MAURITIUS CO Block Sell 775,493 139.8500 BSE
11 Oct 2022 ISHARES CORE MSCI EMERGING MARKETS ETF Block Buy 775,493 139.8500 BSE

All bulk and block deals →

Board Meetings

View board meeting history →

Quarterly results, AGMs, buybacks and other board-approved business.

DatePurposeResults
6 Aug 2026 Financial Results Yes
26 May 2026 Financial Results/Dividend Yes
31 Jan 2026 Financial Results Yes
7 Nov 2025 Financial Results Yes
2 Aug 2025 Financial Results Yes

Corporate Announcements

All 2 announcements, with search →

Exchange disclosures (NSE and BSE), most recent first.

DateCategoryAnnouncement
29 Sep 2026 Company Update Finolex Industries Ltd - 500940 - Announcement under Regulation 30 (LODR)-Newspaper Publication
25 Sep 2026 Insider Trading / SAST Finolex Industries Ltd - 500940 - Closure of Trading Window

All announcements →

SWOT

Tradinity's own rule-based read of the real ratios elsewhere on this page -- not a copy of any third party's, and never a forward-looking prediction.

Strengths

  • Low financial leverage (Debt/Equity 0.07)
  • Comfortable interest coverage (36.8x)

Weaknesses

  • Low Return on Equity (9.6%)
  • Declining revenue YoY (-15.3%)

Opportunities

Data unavailable.

Threats

  • Down 24.0% over the past year

Board of directors and corporate information →

F&O

View F&O, Options & Backtest →

Data unavailable (no single-stock futures or options activity on record for this company).

Frequently asked questions about Finolex Industries Limited

Where is the share price?

The price at the top of this page is the last traded price from exchange data; during market hours it refreshes on its own. The Chart & Technicals section has the full price history.

Where are the financial results?

The Financials page has quarterly and annual results, ratios, cash flow and the balance sheet, on a standalone or consolidated basis.

Who owns the company?

The Ownership section shows the latest shareholding pattern from exchange filings, with promoter, FII, DII and public holdings by quarter.

Does Tradinity give buy or sell advice?

No. The scores and checklist on this page are rule-based summaries of published figures, not recommendations. Tradinity is not a registered investment adviser.