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 revenues are expected to fall below last year's, and this forecast tends to raise concerns among investors. A revenue drop can negatively impact the company's profitability, making investors more cautious about their positions due to the risks of declining financial performance.

Financial Ratios:

currentRatio 3.555000
forwardPE 19.230566
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 highlights the company's solid liquidity, indicating that it can easily service its short-term debt. FINPIPE's ample cash reserves and current assets ensure that the company is well-positioned to meet its immediate financial liabilities.
FINPIPE's Forward PE being in a good range suggests that its stock price is aligned well with earnings. The stock is not considered overpriced, offering room for future growth, which makes it an appealing investment opportunity with the potential for value appreciation.
FINPIPE's low earnings and revenue growth highlight a potential decline in profitability. This suggests that the company's financial health may be weakening, and profits could shrink as a result.
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.
With FINPIPE's forward EPS lower than its trailing EPS, the company is expected to experience a drop in profitability. This suggests a potential slowdown in financial performance compared to the previous year.

Price projections:

Price projections for FINPIPE
Price projections for FINPIPE

Finolex Industries Limited's price has consistently hovered around the lower limit of price projections. This pattern suggests that the stock may be underperforming relative to expectations, which could lead to concerns among investors.

Recommendation changes over time:

Recommendations trend for FINPIPE
Recommendations trend for FINPIPE


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