Finolex Inds. Share Price ₹151 | P/E 15.5

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Finolex Inds.

Quarter-by-quarter operating performance

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales +	1,141	1,179	883	1,020	1,235	1,140	828	1,001	1,172	1,043	859	898	1,314
Expenses +	924	1,027	780	900	1,026	934	818	918	1,001	950	729	775	982
Operating Profit	217	152	103	120	209	207	11	83	171	94	130	123	332
OPM %	19%	13%	12%	12%	17%	18%	1%	8%	15%	9%	15%	14%	25%
Other Income +	29	40	63	35	44	472	84	48	65	65	60	52	36
Interest	6	9	12	8	7	7	7	10	6	6	4	3	8
Depreciation	24	34	27	28	27	26	26	27	27	27	27	26	26
Profit before tax	216	149	126	120	219	646	62	95	203	126	158	146	334
Tax %	27%	26%	25%	26%	26%	22%	16%	25%	26%	23%	25%	25%	24%
Net Profit +	158	111	94	89	161	505	51	71	150	97	119	110	254
EPS in Rs	2.55	1.79	1.51	1.44	2.60	8.14	0.83	1.14	2.42	1.56	1.92	1.77	4.10

Financials of Finolex Inds.

Annual income statement trend

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales +	2,476	2,482	2,602	2,738	3,091	2,985	3,462	4,647	4,397	4,317	4,142	4,113
Expenses +	2,264	2,075	2,039	2,253	2,487	2,536	2,472	3,623	4,105	3,732	3,666	3,435
Operating Profit	212	407	563	484	604	448	990	1,025	293	585	476	679
OPM %	9%	16%	22%	18%	20%	15%	29%	22%	7%	14%	12%	16%
Other Income +	-2	62	24	25	14	30	72	458	121	181	665	213
Interest	70	45	15	10	12	11	7	14	27	36	30	21
Depreciation	59	51	55	61	70	74	78	83	89	116	107	107
Profit before tax	81	373	517	439	536	393	977	1,385	297	613	1,005	765
Tax %	41%	32%	32%	32%	35%	18%	25%	24%	20%	26%	23%	24%
Net Profit +	48	254	352	299	350	324	728	1,053	237	455	778	580
EPS in Rs	0.77	4.10	5.68	4.81	5.64	5.22	11.73	16.98	3.81	7.34	12.54	9.35
Dividend Payout %	52%	49%	41%	42%	35%	38%	34%	24%	39%	34%	29%	29%

Financials of Finolex Inds.

Capital structure and asset base

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	124	124	124	124	124	124	124	124	124	124	124	124
Reserves	663	1,446	2,167	2,640	2,404	1,806	2,949	3,740	4,701	5,414	5,855	5,954
Borrowings +	637	212	94	101	90	283	204	278	541	394	237	446
Other Liabilities +	435	567	570	589	655	603	930	1,119	817	996	1,008	885
Total Liabilities	1,859	2,349	2,955	3,455	3,273	2,815	4,207	5,261	6,182	6,928	7,223	7,408
Fixed Assets +	868	850	855	884	951	1,017	1,002	993	1,055	1,055	1,008	1,017
CWIP	10	7	22	90	90	7	8	9	44	19	73	28
Investments	180	817	1,222	1,555	1,303	580	1,592	2,633	3,850	4,456	4,751	4,782
Other Assets +	801	675	856	925	929	1,211	1,604	1,625	1,234	1,398	1,391	1,581
Total Assets	1,859	2,349	2,955	3,455	3,273	2,815	4,207	5,261	6,182	6,928	7,223	7,408

Financials of Finolex Inds.

Operating, investing and financing cash movement

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	212	569	252	338	391	106	941	622	308	353	383
Cash from Investing Activity +	18	-77	35	-162	-228	49	-877	-440	-294	-83	8
Cash from Financing Activity +	-239	-494	-282	-175	-163	-105	-90	-190	-29	-277	-349
Net Cash Flow	-9	-2	4	1	-0	51	-26	-8	-15	-6	42
Free Cash Flow	182	538	157	166	289	46	876	918	140	267	268
CFO/OP	119%	156%	76%	95%	94%	49%	116%	93%	128%	85%	122%

Financials of Finolex Inds.

Working capital efficiency and return ratios

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	7	3	7	6	9	9	16	26	25	39	33	32
Inventory Days	113	100	128	128	120	164	176	132	81	99	108	156
Days Payable	40	55	52	52	55	44	84	60	35	39	61	56
Cash Conversion Cycle	80	48	83	81	74	129	108	98	71	98	80	133
Working Capital Days	-6	0	28	32	33	39	22	17	-6	13	20	247
ROCE %	11%	24%	25%	17%	21%	16%	36%	27%	6%	10%	9%	12%

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