144.66
+1.91%
Close of 9 Nov 2026, in INR
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About Finolex Industries
Its shares trade on NSE under the ticker FINPIPE.NS. It has been listed since 3 November 1994. In the fiscal year to 31 March 2026, it reported revenue of ₹41.13bn and net income of ₹5.99bn. At that date it held total assets of ₹75.96bn and shareholders' equity of ₹62.15bn.
Finolex Industries Ltd. engages in the manufacture and sale of polyvinyl chloride (PVC) pipes and fittings. The company is headquartered in Pune, Maharashtra. The firm is engaged in manufacturing of micro irrigation systems, fittings, accessories and a range of irrigation components. The firm operates through two segments: PVC and PVC pipes and fittings. The company offers a wide range of products in various sizes, pressure classes and diameters suitable for diversified applications across the two main categories: plumbing sanitation and agriculture products. Its plumbing pipes and fittings products include American Society for Testing and Materials (ASTM) pipes and fittings; chlorinated polyvinyl chloride (CPVC) pipes and fittings; soil, waste and rainwater pipe (SWR) pipes and fittings; sewerage pipes, and solvent cement, lubricant and primer. The firm's agriculture pipes and fittings products include agriculture pipes and fittings, casing pipes, column pipes, and solvent cement and lubricant.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Materials
- Industry
- Chemicals
- Listed since
- 3 Nov 1994
- Employees
- 1,478
- Website
- finolexpipes.com ↗
Leadership
Pay as last reported
- Mr. Prakash ChhabriaExecutive Chairman of the Board, since 2006₹110.4m
- Mr. Chandan VermaChief Financial Officer
- Mr. Dakshinamurthy IyerCompliance Officer, Company Secretary, Head - Legal
- Mr. Saurabh DhanorkarManaging Director, since 2024₹16.8m
- Mr. Saumya ChakrabartiExecutive Director, Director- Technical, since 2022₹20.7m
- Ms. Ritu ChhabriaNon-Executive Non-Independent Director₹5.5m
- Mr. Vijay BhattNon-Executive Independent Director₹3.5m
- Mrs. Kanchan ChitaleNon-Executive Independent Director₹6.1m
- Mr. Munesh KhannaNon-Executive Independent Director₹2.7m
- Mr. Rajesh RathiNon-Executive Independent Director₹2.8m
- Mr. Aditya SapruNon-Executive Independent Director₹3.0m
- Mr. Debabrata SarkarNon-Executive Independent Director₹3.0m
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 56
- Environment
- 51
- Social
- 60
- Governance
- 57
- Direct emissions (scope 1)
- 381,866.39 t
- Energy emissions (scope 2)
- 52,281.5 t
- Women in the workforce
- 2.84768%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Finolex Industries Ltd. manufactures PVC pipes and fittings for plumbing and agriculture sectors.
- The company employs 1,478 full-time employees in Pune, Maharashtra, supporting its operations.
- Finolex offers ASTM-compliant pipes and fittings for diverse plumbing applications.
Weaknesses
- The company operates only in the Materials sector without diversification into other industries.
- Finolex's business is limited to two segments: PVC and irrigation components.
- No mention of international markets or global expansion strategies in the facts.
Opportunities
- Growing demand for micro irrigation systems in agricultural applications across India.
- Increasing infrastructure development in India drives demand for plumbing pipes.
- Expanding product range in PVC pipes and fittings for new market segments.
Threats
- Competition from other PVC pipe manufacturers in the Indian market.
- Economic downturns affecting construction and agricultural sectors in India.
- Regulatory changes impacting chemical manufacturing in the Materials sector.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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