Finolex Industries Ltd
Fortune 500 2024
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OVERVIEW
FINANCIALS
About
Pralhad P. Chhabria laid the foundation of Finolex Industries in 1958. Primarily a manufacturing company for pipes, Finolex Industries has 2 major product segments, namely plumbing and sanitation, and agriculture. It produces sewerage pipes, solvent cements and lubricants, column pipes, casing pipes, agriculture pipes, and fittings, among other things. Finolex Industries can be found in sectors like public infrastructure, urban and rural households, recreational facilities, residential buildings, and commercial spaces. Finolex has two manufacturing units in Ratnagiri and Urse in Maharashtra and one in Masar, Gujarat. The company is currently available at 21,000 retail touchpoints through approximately 900 dealers all over India.
Incorporation Year: 1981
Headquarters: Pune
Top Management: Chhabria Family
Industry: Plastics
Website: www.finolexpipes.com
Featured In Fortune India Ranking
Fortune 500 India
#459(2024)
#439(2023)
#324(2022)
#339(2021)
#351(2020)
#372(2019)
#388(2018)
#348(2017)
#400(2016)
#392(2015)
#369(2014)
#392(2012)
#357(2011)
#338(2010)
#459(2024)#439(2023)#324(2022)#339(2021)#351(2020)#372(2019)#388(2018)#348(2017)#400(2016)#392(2015)#369(2014)#392(2012)#357(2011)#338(2010)
Ranking Trend Fortune 500 India
Financial Data 2024
Revenue
4,576
(INR Cr)
Net Operating Income
4,317
(INR Cr)
Assets
6,105
(INR Cr)
Profit
474
(INR Cr)
Net Worth
5,634
(INR Cr)
Financial Data
RevenueNet Operating IncomeProfitAssetsNet Worth
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 4576 4.2% | 4393 -13.4% | 5073 42.0% | 3571 13.4% | 3149 -2.1% | 3217 13.7% | 2831 5.1% | 2694 6.8% | 2522 3.3% | 2443 -4.6% | 2560 16.1% | 2204 3.9% | 2122 7.4% | 1975 20.3% | 1643 10.1% | 1492 - |
| Net Operating Income (INR Cr) | 4317 -1.81% | 4397 -5.39% | 4647 34.23% | 3462 16.01% | 2985 -3.46% | 3091 12.91% | 2738 5.20% | 2602 4.85% | 2482 0.00% | 2476 0.94% | 2453 14.37% | 2145 2.15% | 2100 6.17% | 1978 35.93% | 1455 -2.54% | 1493 7.03% |
| Profit (INR Cr) | 474 88.9% | 251 -76.2% | 1051 42.5% | 738 121.8% | 333 -9.4% | 367 19.9% | 306 -13.7% | 355 37.7% | 258 439.5% | 48 -71.9% | 170 25.0% | 136 81.2% | 75 -1.3% | 76 -42.4% | 132 - | -38 - |
| Assets (INR Cr) | 6105 10.4% | 5528 28.9% | 4289 25.3% | 3422 45.8% | 2347 -14.5% | 2744 -7.7% | 2974 19.8% | 2482 33.0% | 1866 30.2% | 1433 -5.2% | 1512 -4.0% | 1575 -7.8% | 1708 24.5% | 1373 -3.4% | 1421 8.3% | 1312 - |
| Net Worth (INR Cr) | 5634 14.9% | 4903 24.8% | 3928 25.1% | 3139 58.1% | 1986 -22.9% | 2576 -7.8% | 2795 20.8% | 2315 45.5% | 1591 0.0% | 787 -0.3% | 790 9.5% | 721 8.9% | 662 6.7% | 620 5.6% | 588 17.6% | 500 -9.8% |
| Employee Cost (INR Cr) | 211 11.5% | 190 -0.6% | 191 14.4% | 167 14.6% | 146 8.3% | 134 15.7% | 116 10.7% | 105 13.4% | 93 25.1% | 74 3.2% | 72 -0.3% | 72 27.5% | 56 11.6% | 51 34.1% | 38 5.2% | 36 - |
| Interest Cost (INR Cr) | 36 | 27 | 14 | 7 | 11 | 12 | 10 | 15 | 45 | 70 | 66 | 51 | 75 | 60 | 47 | 47 |
| Cash & Bank Balance (INR Cr) | 32 | 61 | 81 | 336 | 93 | 28 | 23 | 16 | 10 | 12 | 21 | 9 | 29 | 27 | 83 | 41 |
| Total Debt (INR Cr) | 394 | 541 | 278 | 204 | 283 | 90 | 101 | 94 | 212 | 637 | 713 | 839 | 1042 | 747 | 834 | 812 |
Key Financial Ratios
Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 10.4% | 5.7% | 20.7% | 20.7% | 10.6% | 11.4% | 10.8% | 13.2% | 10.2% | 2.0% | 6.7% | 6.2% | 3.5% | 3.9% | 8.1% | - |
| Profit As % Of Assets | 7.8% | 4.5% | 24.5% | 21.6% | 14.2% | 13.4% | 10.3% | 14.3% | 13.8% | 3.3% | 11.3% | 8.7% | 4.4% | 5.6% | 9.3% | - |
| Profit As % Of Networth | 8.4% | 5.1% | 26.8% | 23.5% | 16.8% | 14.3% | 11.0% | 15.3% | 16.2% | 6.1% | 21.6% | 18.9% | 11.4% | 12.3% | 22.5% | - |
| Interest Cost to EBITDA % | 6.2% | 9.3% | 1.4% | 0.7% | 2.5% | 2.1% | 2.0% | 2.7% | 11.1% | 37.1% | 20.3% | 19.6% | 34.6% | 27.2% | 17.7% | 470.2% |
| Debt to Equity Ratio | 0.07 | 0.11 | 0.07 | 0.06 | 0.14 | 0.03 | 0.04 | 0.04 | 0.13 | 0.81 | 0.90 | 1.16 | 1.57 | 1.20 | 1.42 | 1.62 |
| RONW | 9.0% | 5.1% | 21.4% | 28.8% | 14.6% | 13.7% | 12.0% | 18.2% | 16.2% | 7.1% | 26.2% | 27.0% | 9.6% | 12.6% | 31.1% | - |
| ROCE | 11.8% | 6.4% | 26.3% | 34.6% | 16.9% | 19.6% | 17.0% | 24.9% | 22.9% | 11.2% | 22.5% | 19.2% | 9.9% | 12.5% | 19.7% | 13.5% |