Finolex Industries Ltd
NSE:FINPIPE

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Finolex Industries Ltd
NSE:FINPIPE
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Price: 183.74 INR -1.94%
Market Cap: ₹113.6B

Gross Margin

37.6%
Current
Improving
by 5%
vs 3-y average of 32.6%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
37.6%
=
Gross Profit
₹14.9B
/
Revenue
₹39.7B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
37.6%
=
Gross Profit
₹14.9B
/
Revenue
₹39.7B

Peer Comparison

Country Company Market Cap Gross
Margin
IN
Finolex Industries Ltd
NSE:FINPIPE
115.9B INR
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SA
Saudi Basic Industries Corporation SJSC
SAU:2010
228.3B SAR
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ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
45.6B USD
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ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
581.7T IDR
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CN
Hengli Petrochemical Co Ltd
SSE:600346
173B CNY
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US
Dow Inc
NYSE:DOW
22.6B USD
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CN
Rongsheng Petrochemical Co Ltd
SZSE:002493
139.7B CNY
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TW
Nan Ya Plastics Corp
TWSE:1303
624.9B TWD
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UK
LyondellBasell Industries NV
NYSE:LYB
17.9B USD
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KR
LG Chem Ltd
KRX:051910
26.5T KRW
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JP
Asahi Kasei Corp
TSE:3407
2.4T JPY
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Market Distribution

In line with most companies in India
Percentile
48th
Based on 4 996 companies
48th percentile
37.6%
Low
-3 052.3% — 26.9%
Typical Range
26.9% — 53.3%
High
53.3% — 8 269.1%
Distribution Statistics
India
Min -3 052.3%
30th Percentile 26.9%
Median 39%
70th Percentile 53.3%
Max 8 269.1%

Finolex Industries Ltd
Glance View

Market Cap
113.6B INR
Industry
Chemicals

At the heart of India's industrial revolution, Finolex Industries Ltd. has emerged as a stalwart in the polymer space, weaving its narrative through decades of innovation and resilience. Founded in 1981, this Pune-based company initially tapped into the burgeoning demand for PVC pipes, aligning itself with India’s growing infrastructure needs. Driven by the vision of transforming industrial capabilities, Finolex embraced the challenge of enhancing agricultural productivity and addressing urban infrastructure demands. Over time, it meticulously expanded its footprint, creating a robust pipeline of products ranging from agricultural pipes to sophisticated plumbing solutions, converting what was once a humble product into a cornerstone of Indian agriculture and urban development. Finolex's business model thrives on its integrated approach. The company manufactures polyvinyl chloride (PVC) resin, leveraging vertical integration to maintain cost efficiency and supply reliability. Its manufacturing prowess is augmented by a strategic distribution network that spans the country's landscape, ensuring that its products are always within reach for its target market. This mastery over supply chain logistics and production not only drives sales but also fortifies its position against economic fluctuations and competitive pressures. The company's revenue streams primarily flow from the sale of these PVC products, which are essential for diverse sectors such as agriculture, housing, telecommunications, and construction. By continually aligning its vision with India's socio-economic development, Finolex not only secures its financial health but also resonates deeply with the fabric of the nation's growth story.

FINPIPE Intrinsic Value
168.18 INR
Overvaluation 8%
Intrinsic Value
Price
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
37.6%
=
Gross Profit
₹14.9B
/
Revenue
₹39.7B
What is Finolex Industries Ltd's current Gross Margin?

The current Gross Margin for Finolex Industries Ltd is 37.6%, which is above its 3-year median of 32.6%.

How has Gross Margin changed over time?

Over the last 3 years, Finolex Industries Ltd’s Gross Margin has increased from 27.4% to 37.6%. During this period, it reached a low of 18% on Mar 31, 2023 and a high of 38.6% on Jun 30, 2024.

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