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Finolex Industries Ltd. (India)

Main Activities: Fabricated Pipe and Pipe Fitting Manufacturing
Full name: Finolex Industries Ltd. Profile Updated: February 03, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Finolex Industries Ltd. is a company located in Pune, Maharashtra. The company has been focused on manufacturing superior quality pipes and fittings for over forty years. They prioritize quality in every aspect of their functioning, including support for dealers, vendors, and suppliers, as well as providing quality opportunities for their employees. Finolex has a single-minded focus on their main products, which include agriculture pipes and fittings, casing pipes, column pipes, solvent cement, lubricant, plumbing pipes and fittings, ASTM pipes and fittings, CPVC pipes and fittings, SWR pipes and fittings, sewerage pipes, and solvent cement, lubricant, and primer. They have manufacturing plants in Ratnagiri and Urse, Maharashtra, and Masar, Gujarat, which are ISO 9001:2015 certified. The company has a strong network of over 900 dealers and 21,000 retail touchpoints across the country, built on trust and collaboration. Their flagship facility in Ratnagiri includes an open sea cryogenic jetty, PVC resin manufacturing facility, and PVC pipe manufacturing facility. Finolex Industries Ltd. is known for their commitment to quality and their reputation has grown significantly in the last decade.

Legal Address
Gat No. 399,, Village Urse, Taluka Maval
Pune; Maharashtra; Postal Code: 410506

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Website: http://www.finolexwater.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1981
Key Executives
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Executive Chairman
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Independent and Non Executive Director
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Independent and Non Executive Director
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Independent and Non Executive Director
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Independent and Non Executive Director
Ownership Details
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52.47%
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22.83%
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11.36%
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6.45%
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5.95%
Subsidiaries
Finolex Polymers Ltd.
Company Performance
Financial values in the chart are available after Finolex Industries Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
39.16%
Total operating revenue
39.16%
Operating profit (EBIT)
-45.06%
EBITDA
-35.15%
Net Profit (Loss) for the Period
-34.11%
Total equity
-0.35%
Operating Profit Margin (ROS)
-14.25%
Net Profit Margin
-10.12%
Return on Equity (ROE)
-116.24%

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