Growth Parameters |
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9 yrs | 5 yrs | 3 yrs | 1 yr | |
---|---|---|---|---|
Net Sales | 4.7% | 3.8% | 4.7% | -3.4% |
Adjusted EPS | 18.6% | 40.7% | -1.4% | -7.9% |
Book Value per Share | 13.4 | 19.6 | -5.6 | -23.7 |
Share Price | 30.6% | 13.7% | -3.8% | 4.2% |
Key Financial Parameter |
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Entity | Percentage Holding |
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Promoters | 52.47% |
Institutions | 15.17% |
Non-Institutions | 32.36% |
Pledged * | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
MoneyWorks4Me analysed the past 10-year performance of Finolex Industries Ltd and arrived at the following conclusion:
Past 10 year's financial track record indicates that Finolex Industries Ltd is a good quality company. However, for specific investment actions please connect with your investment advisor.The 5-year analysis of Finolex Industries Ltd's performance infers:
Finolex Industries Ltd earnings have grown by 40.7%, whereas share price has appreciated 13.7% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.We analysed the performance of Finolex Industries Ltd share prices over the last 10 years. Here is what we found out:
Finolex Industries Ltd share price has appreciated 20.3% annually over the past ten years.Finolex Industries Limited (FIL), formerly Finolex Pipes Ltd., was incorporated in 1981 and has been in the Plastics business since then. Beginning as a modest rigid PVC (Poly Vinyl Chloride) pipe manufacturer, FIL went on for backward integration and now manufactures PVC resin too.
FIL is the largest PVC pipe manufacturer in India. The Pipes division of FIL is the first PVC pipe manufacturer in India to get ISO 9001: 2000 certifications. Production
Finolex Industries Limited (FIL), formerly Finolex Pipes Ltd., was incorporated in 1981 and has been in the Plastics business since then. Beginning as a modest rigid PVC (Poly Vinyl Chloride) pipe manufacturer, FIL went on for backward integration and now manufactures PVC resin too.
FIL is the largest PVC pipe manufacturer in India. The Pipes division of FIL is the first PVC pipe manufacturer in India to get ISO 9001: 2000 certifications. Production capacity of the Pipes division is over 90,000 metric tonnes per annum spread over its two ultra modern plants at Urse (near Pune) and Ratnagiri. The company offers a wide range of PVC pipes and fittings, for diverse applications in agriculture, housing, telecom, industry, etc., ranging between 20 mm to 400 mm diameter. The company also manufactures specialty pipes and fittings, namely SWR (Soil, Waste and Rain Water) as well as ASTM pipes and fittings for the Construction Industry. The Pipes division of the company has won the PLEXCONCIL ‘Top Exporter Award’ on five occasions.
The company has its PVC resin plant near Ratnagiri (350 Kms. South of Mumbai) on the West Coast of Maharashtra State. It is one of the largest PVC manufacturers in India. The 260000 metric tonnes PVC plant has been set up in technical collaboration with Uhde GmbH of Germany under technology license from Hoechst AG. FIL manufactures suspension grade PVC as well as emulsion/paste grade PVC.
As a part of its PVC complex, the company has set up an open sea cryogenic jetty. The Finolex jetty is the first of its kind in the private sector in India. It is located near the PVC plant and is presently utilized for importing the feedstock for manufacture of PVC as well as for importing LPG.
The strength of FIL lies in its quality products and satisfied customers. Over the years, the company has built a very large distribution net work which adds to its strength. The name Finolex is synonymous with Quality not only in India but also with FIL's international customers.
Products
PVC Resin - PVC is a thermoplastic resin, which in versatility of processing and application surpasses all other thermoplastic materials. This unique polymer is one of the oldest established plastics. Today, PVC finds applications in insulation of cables, in pipes and hoses, agricultural products, windows and profiles, flooring tiles used in the building industry, blister packaging, films and sheets, foamed leather cloth, curtains, tarpaulins, and also for medical use - for IV, blood bags, etc. The universality of its service properties is such that new areas of application are being continuously developed.
PVC-U Pipes & Fittings - FIL is the largest PVC-U pipe manufacturer in India and the first to have been awarded the IS/ISO 9001:2000 certification. FIL offers a wide range of PVC-U pipes and fittings, for diverse applications in agriculture, housing, and telecom etc. ranging between 20 mm to 400 mm diameter. The range of PVC-U pipes and fittings that FIL offers is as follows:
Chemicals - Finolex is actively trading in Ethylene Di Chloride and Methanol catering to various industries in the country. These products are used as solvents in the Pharma, Fertilizer, Paints, Lamination, Amines and various other industries in India. Finolex is directly importing these products at their own jetty at Ratnagiri and has built world class storage facilities for these products. The strong infrastructure at Ratnagiri is backbone of these trading activities.
Group Companies
Awards
Over a period of last many years Finolex Industries Ltd. has received various awards and has set its own benchmark in the area of excellence.
Milestones