Finolex Industries Ltd
Finolex Industries Q4 FY25 earnings call: Revenue & Margins
Q4 FY25 earnings call: what management guided on revenue, margins and order book.
The short version
The company targets double-digit volume growth internally for FY '26 but avoids giving formal guidance due to uncertainties in PVC resin prices, government policies, and global oil prices. The company expects double-digit growth for FY '26 internally, although specific guidance is not provided due to market uncertainties.
From Finolex Industries Ltd's Q4 FY25 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- The company targets double-digit volume growth internally for FY '26 but avoids giving formal guidance due to uncertainties in PVC resin prices, government policies, and global oil prices.
- Historical CAGR for the PVC plastic pipe industry has been about 8-10%, with expectations to continue near double-digit growth over the next 5-6 years.
- CPVC volumes grew by 17% YoY in FY '25, with a double-digit growth outlook going forward.
- CPVC still comprises around 5-6% of total volumes, with growth driven mainly by volume rather than realization due to pricing pressure from capacity expansions.
- Incremental capacity expansion is planned, including a 50,000-ton increase; current pipes capacity to go from 420,000 to 470,000 tons.
2 more points from Finolex Industries Ltd's call on revenue
Pro opens every point from 15K+ earnings calls
Profitability & Margins
See what Finolex Industries Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Finolex plans a total capacity addition of 50,000 tons, with 25,000 tons already added in Q4 FY'25 and the remaining capacity coming online in the next couple of months.
- Current total pipe capacity is 420,000 tons, expected to increase to 470,000 tons post expansion; fittings capacity remains at 50,000 tons.
- Future capacity expansions will prioritize brownfield expansions by replacing smaller machines with higher capacity ones.
- Capex for FY'26 is planned at around INR120-125 crores.
- The pipe business is not very capital-intensive; hence, excess cash (net cash surplus of ~INR2,535 crores as of March 2025) is likely to be returned to shareholders after capex decisions by the Board.
2 more points from Finolex Industries Ltd's call on capex
Pro opens every point from 15K+ earnings calls
Top-ranked in Industrial Products
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Finolex Industries Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
2 more points from Finolex Industries Ltd's call on order book
Pro opens every point from 15K+ earnings calls
Finolex Industries Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹1.3K Cr, net profit ₹254 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What Finolex Industries Ltd's management said in earlier quarters
- Q1 FY27 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q2 FY26 earnings call analysis →
- Q4 FY26 earnings call analysis →
- Q1 FY26 earnings call →
- Q3 FY25 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
- Q1 FY24 earnings call →
Others in Industrial Products this season
- PTC Industries Ltd (Q4 FY25)
Q4 FY25 Total Income:** ₹133.8 Cr, up 74.9% YoY from ₹76.5 Cr in Q4 FY24 (Page 6, 5). Key concall takeaways from PTC Industries Ltd's Q4 FY25 earnings call…
- Dynamic Cables Ltd (Q4 FY25)
Dynamic Cables has achieved a 5-year sales CAGR of around 20%, with FY ’25 showing 34% growth. Key concall takeaways from Dynamic Cables's Q4 FY25 earnings…
- SKF India Ltd (Q4 FY25)
Full year FY25 showed solid 8% sales growth; industrial up 10%, automotive 6%. Key concall takeaways from SKF India Ltd's Q4 FY25 earnings call — and how it…
- Time Technoplast Ltd (Q4 FY25)
Volume growth in FY '25 was 13% YoY, with overseas volume growth at 15%. Key concall takeaways from Time Technoplast Ltd's Q4 FY25 earnings call — and how it…
Arthneeti Pro · Annual
Finolex Industries Ltd and 15K+ more earnings calls,
for less than your morning chai
a day
Every earnings call, ranking and concall Q&A across all four results seasons.
Secure Razorpay payment · instant access
Frequently Asked Questions
What were Finolex Industries Ltd Q4 FY25 results?
The company targets double-digit volume growth internally for FY '26 but avoids giving formal guidance due to uncertainties in PVC resin prices, government policies, and global oil prices. The company expects double-digit growth for FY '26 internally, although specific guidance is not provided due to market uncertainties.
What is Finolex Industries Ltd share price analysis?
Finolex Industries Ltd currently shows a neutral. The stock trades at a P/E of 17.3 with a market cap of ₹10,371 Cr. Investors should review the full earnings analysis for detailed insights.
Is Finolex Industries Ltd planning capital expenditure?
Finolex plans a total capacity addition of 50,000 tons, with 25,000 tons already added in Q4 FY'25 and the remaining capacity coming online in the next couple of months.
Keep Finolex Industries Ltd on your radar — track it to get its next earnings analysis in your feed.
This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.