SENSEX: 72,400 ▲ 0.5% NIFTY: 21,800 ▲ 0.4% GOLD: 62,500 ▼ 0.2%
AlphaStreet Analysis

Finolex Industries Ltd Shares Fluctuate After Q3 FY26 Results

Finolex Industries Ltd (NSE: FINPIPE, BSE: 500940) closed at around ₹173 to ₹175 on Monday reflecting a modest intraday move within a narrow range compared with its previous session after the company reported its latest quarterly results. Today’s closing price sits slightly below the previous close with the share oscillating near these levels amid mixed market reactions. As of the latest session, the stock traded in a range roughly between ₹170 and ₹175 leaving intraday percentage changes muted.

Market Capitalization

At current levels, Finolex Industries’ market capitalization stands near ₹10,800 crore to ₹10,900 crore on Indian exchanges.

Q3 FY26 Results

For the third quarter of fiscal 2026 (ended December 31, 2025), Finolex Industries reported the following. Revenue from operations of ₹897.66 crore, down year-on-year. Total income of ₹950.15 crore consolidated. Net profit (PAT) of ₹116.08 crore, representing year-on-year growth.

Year-on-year comparisons show a revenue decline from the prior period while net profit increased over the same quarter last year. Separate standalone reporting also indicated total income of ₹950.15 crore and profit after tax of ₹109.99 crore in Q3, reflecting the company’s core earnings before adjusting for certain items.

Segment Highlights

Finolex Industries operates principally in the PVC pipes and fittings segment and the PVC resin business. The company’s investor presentation documented volume declines and revenue contraction driven by pricing and market conditions. Key performance metrics noted in the filing include lower volumes and revenue in the pipes & fittings segment along with adjusted EBITDA and profit before tax figures as outlined in recent investor disclosures.

Nine-Month FY26 Results

For the nine-month period ended December 31, 2025, the company reported consolidated revenue of ₹2,800 crore versus ₹2,970 crore in the same period of FY25 indicating a downward trend. Despite the revenue contraction, EBITDA for 9M FY26 rose by 15% to ₹347 crore. Consolidated profit before tax (before exceptional items) was reported at ₹430 crore, an increase from ₹385 crore in the prior year nine-month period.

Business & Operations Update

The company detailed several marketing and engagement initiatives in its latest disclosure.

•             Execution of digital campaigns and the distribution of annual calendars to strengthen brand recall.

•             Organized Customer Business Meets for top dealers to align business strategies and gather market feedback.

•             Active participated in the National Agri Expo to engage with the farming community and showcase irrigation solutions.

•             Collaboration in the Smart India Hackathon (SIH) 2025 to foster innovation and identify technical solutions for industry challenges.

The company’s filings noted continued focus on volume management and pricing even as market volumes declined.

CSR Updates

Finolex Industries reported active involvement in 15 out of 16 mandated Corporate Social Responsibility (CSR) areas. Through the Mukul Madhav Foundation, the company focused on healthcare, education, and social welfare initiatives across multiple states. Key activities included “Give With Dignity” (GWD) programs and rural development projects.

Performance Summary

• Finolex Industries shares traded around ₹173 to ₹175 with limited intraday movement relative to recent sessions.

• Q3 consolidated revenue was reported at ₹897.66 crore with total consolidated income near ₹950 crore.

• Net profit for the quarter was ₹116.08 crore marking year-on-year growth.

• Nine-month results showed directional contraction in both revenue and profit.

• The company executed customer engagement and BTL marketing activities during the period.

The share price movement and financial results provide a factual snapshot of Finolex Industries’ trading and operational performance as of the latest reporting period.