Finolex Industries Limited
Valuation (90/100) does the heavy lifting; momentum (19/100) is the drag.
Buy zoneOur blended model reads Finolex Industries Limited as a Buy at 69/100. On 19.0x trailing earnings it sits cheaper than the Industrials median of about 29.0x. The price is about 26% below its 52-week high of ₹220.76 and 8% above the low of ₹149.95. Financial health scores 100/100, in the safe band on the Altman Z-score, with a Piotroski F-score of 2/9. The average analyst target of ₹210.79 implies about 30% upside across 14 analysts. It clears 9 of 13 investability checks, with durability 72, valuation 79 and momentum 19 on our 0–100 scales.
Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.
With a 20% margin of safety, our buy-below price is ₹206.34.
Analyst views
1-year price
EOD · 2026-07-3152-week range
-26.45% from the 52-week high.
Price above both moving averages reads as an intact uptrend; below both, the trend is against you.
Verdict pillars
Buy69Piotroski F-score 2/9 — quality of earnings & balance sheet.
Our scores
Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.
Investability checklist
- Fail: ROE above 15%: 9.7%
- Pass: Low debt (D/E < 0.5): 0.07x
- Pass: Positive free cash flow
- Pass: Revenue growth > 10%: 12%
- Pass: Earnings growing: 59%
- Pass: Net margin ≥ 10%: 14.6%
- Pass: Current ratio > 1.5: 3.54
- Pass: Below our fair value
- Pass: Margin of safety ≥ 20%
- Fail: Above 200-day average
- Fail: Above 50-day average
- No data: Positive 1-year return
- Pass: Altman Z in safe zone: Z 6.67
- Fail: Piotroski ≥ 7: 2/9
Quarterly results
Annual financials
Shareholding
- Promoter59.4%
- Institutions16.8%
- Public & other23.8%
Promoter holding via insider stake; institutional via reported holdings.
Key fundamentals
Bull case vs bear case
Bull case
Strengths
- Lightly leveraged balance sheet.
- Financially solid — Altman Z 6.67.
Opportunities
- Earnings growing (59% YoY).
- Revenue growing (12% YoY).
- Trading in our value buy zone versus sector peers.
- Trades ~59% below our estimated fair value.
Bear case
Weaknesses
- Price below its 200-day moving average (downtrend).
- Weak Piotroski score (2/9).
About Finolex Industries Limited
Finolex Industries manufactures and sells PVC resins, pipes, and fittings in India through two operating segments. The company produces agriculture pipes and fittings, column pipes, casing pipes, solvent cement, and lubricants for the Indian market.
Finolex Industries Limited — frequently asked questions
Is Finolex Industries Limited a buy, hold or sell?
StocksWizard currently rates Finolex Industries Limited (FINPIPE) a Buy, based on a blended score of 69/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.
What is Finolex Industries Limited's fair value?
Our blended DCF and relative-valuation model estimates Finolex Industries Limited's fair value at about ₹257.92, versus a current price of ₹162.37 — roughly 59% upside. On that basis the stock looks undervalued by 59%.
Is Finolex Industries Limited financially healthy?
Finolex Industries Limited scores 100/100 on our financial-health model, placing it in the safe band on the Altman Z-score, with a Piotroski F-score of 2/9.
How has Finolex Industries Limited's share price performed?
Finolex Industries Limited is down 7% over three months, and last traded at ₹162.37. Past performance doesn't predict future returns.
More in Industrials
View allOur verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.