| 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
- ₹150.77
- Market cap
- ₹9,355 Cr
- Revenue (annual)
- ₹4,113 Cr
- Net profit (annual)
- ₹599.0 Cr
- P/E (TTM)
- 15.4×Sector 51.9×
- Promoter holding
- 52.47%+0.00% QoQ
- FII holding
- 5.78%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Finolex Industries Ltd
All →Finolex Industries Earnings Call Transcript: Key Takeaways
Volume-led revenue recovery offset by margin pressure from higher raw material costs.
Finolex Industries Investor Presentation: Key Takeaways
Q2 FY27 standalone revenue ₹1,094 Cr (+27% YoY) and EBITDA ₹124 Cr (-5%) on 28% volume growth. H1 FY27 revenue ₹1,978 Cr (+4%), EBITDA ₹231 Cr.
Finolex Industries Q2 FY27 Results: Net Profit ₹115 Cr, Down 7.0% YoY
Finolex Industries Ltd reported revenue from operations of ₹1,094 Cr (+27.4% YoY) and net profit of ₹115 Cr (-7.0% YoY) for Q2 FY27.
- Key figure
- Net profit ₹115 Cr · -7.0% YoY
Finolex Industries Board Meeting Date
Finolex Industries has intimated a board meeting on 30-10-2026 to consider unaudited standalone and consolidated results for the quarter and half year ended September 2026. The trading window reopens 48 hours after the results are declared.
Finolex Industries Other Announcement
Finolex Industries Ltd has filed its quarterly shareholding pattern under Regulation 31(1)(b) as of 2026-09-30, disclosing the company's equity share distribution among various investor categories.
Finolex Industries Annual General Meeting
Finolex Industries held its 45th Annual General Meeting on September 22, 2026, where shareholders considered and voted on agenda items, including financial statements and dividends.