Executive Summary
Finolex Industries Ltd reported Q3FY26 revenues of ₹898 crore, down 10.29% YoY, but consolidated net profit rose 54.93% to ₹110 crore due to sharp 15.81% expense reduction. Lower PVC prices and monsoon-impacted volumes drove revenue decline, offset by exceptional margin expansion in pipes and fittings.
Revenue & Growth
Revenues fell to ₹898.00 crore in Q3FY26 from ₹1,001.00 crore YoY, reflecting 10.29% contraction from lower PVC resin realization and 14% volume drop to 73,500 MT. Total expenses declined 15.81% YoY to ₹804.00 crore, creating dramatic operating leverage.
Profitability & Margins
Consolidated net profit surged 54.93% YoY to ₹110.00 crore from ₹71.00 crore, with EBITDA margin expanding 541 bps to 13.7%. Basic EPS rose 55.26% to ₹1.77 from ₹1.14.
Balance-Sheet Highlights
The dataset lacks detailed balance sheet items such as assets, liabilities, equity, net debt, or current ratio for Q3FY26. Debt-free status maintained per industry reports.
Cash Flow / Liquidity
Operating cash flow, free cash flow, and liquidity metrics are not specified in the Q3FY26 dataset.
Key Ratios / Metrics
EBITDA margin reached 13.7% (up from 8.33% YoY); PAT margin expanded to 12.9%. Net debt/EBITDA unavailable; 9M FY26 volumes down 6% but profitability up 15%.prysm+1