ALFA Finder India's fastest NSE & BSE filing alerts on Telegram, filtered to the stocks you hold Telegram alerts alfafinder.com →
Thursday, 12 November 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call Transcript

Finolex Industries Earnings Call Transcript: Key Takeaways

Volume-led revenue recovery offset by margin pressure from higher raw material costs.

Highlights
Revenue growthRevenue grew 28% YoY to ₹1,094 Cr, driven by volume recovery.
MarginsMargins pressured by time-lag in raw material costs despite volume growth.
Demand visibilityStrong Q2 volume recovery; H2 demand depends on pre-monsoon agri cycles.
Management confidenceCautiously optimistic; focusing on maintaining sustainable margins amidst raw material volatility.

Growth

Revenue grew 28% to ₹1,094 Cr, driven entirely by a 28% volume increase.

Outlook

Management targets ₹14-15/kg EBITDA and 14-15% EBITDA margin for the full year.

Risks

High inventory costs and volatile PVC pricing impact margins; El Niño threatens agri demand.

Last quarter's promises, checked

Partly delivered

  • Guided sub-15% FY EBITDA margin → Q1 EBITDA margin 12% (= PARTIAL, Q1 only)
  • Guided ₹125-200 Cr capex range → ₹150 Cr FY27 plan (= PARTIAL, plan not spend)

Missed

  • Guided flattish H1 FY27 Y-o-Y volume → Q1 volume -27% YoY (= MISS for Q1; H1 unresolved)
Source

Earnings Call Transcript filed with NSE, NSE: FINPIPE. Summary written with AI assistance from the document.

Read 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 →