| Revenue growth | Revenue fell 15% YoY to ₹884 crore due to volume drop. |
|---|---|
| Margins | EBITDA margins improved from 9% to 12% on better realizations. |
| Demand visibility | Improvement expected in Q2/Q3 as inventories normalize post-destocking. |
| Management confidence | Cautiously optimistic; focusing on stabilization after PVC price corrections. |
Growth
Revenue fell 15% to ₹884 crore; volume-led growth was hit by 27% decline.
Outlook
Management targets sub-15% EBITDA margins for FY27 despite current volatility.
Risks
Dependence on volatile PVC prices and high exposure to cyclical agriculture segment.
Last quarter's promises, checked
Delivered
- Guided sub-15% EBITDA margin → delivered 12% (= BEAT)
- Guided maintenance capex ~₹100-200cr → delivered ₹125-200cr plan (= BEAT)
Partly delivered
- Guided non-agri mix increase → delivered 31% vs 37% target (= PARTIAL)
Missed
- Guided volume growth 7-10% → delivered -27% (= MISS)
- Guided flat/stable revenue → delivered -15% (= MISS)
Earnings Call Transcript filed with BSE, NSE: FINPIPE. Summary written with AI assistance from the document.
Finolex Industries Ltd: key numbers
- Share price
- ₹154.16
- Market cap
- ₹9,565 Cr
- Revenue (annual)
- ₹4,113 Cr
- Net profit (annual)
- ₹599.0 Cr
- P/E (TTM)
- 15.5×Sector 53.6×
- Promoter holding
- 52.47%+0.00% QoQ
- FII holding
- 5.85%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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