Finolex Industries Limited

NSE FINPIPE.NS

Finolex Industries Limited Return on Assets (ROA) for the year ending March 31, 2024: 6.71%

Finolex Industries Limited Return on Assets (ROA) is 6.71% for the year ending March 31, 2024, a 68.22% change year over year. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.

Finolex Industries Limited Return on Assets (ROA) for the year ending March 31, 2023 was 3.99%, a -79.72% change year over year.
Finolex Industries Limited Return on Assets (ROA) for the year ending March 31, 2022 was 19.67%, a 14.47% change year over year.
Finolex Industries Limited Return on Assets (ROA) for the year ending March 31, 2021 was 17.18%, a 49.35% change year over year.
Finolex Industries Limited Return on Assets (ROA) for the year ending March 31, 2020 was 11.51%, a 4.41% change year over year.

Key data

Date	Return on Assets (ROA)	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio

NSE: FINPIPE.NS

Finolex Industries Limited

CEO	Mr. Prakash Pralhad Chhabria B.Sc.
IPO Date	July 1, 2002
Location	India
Headquarters	D-1/10, M.I.D.C
Employees	1,510
Sector	Materials
Industries Plastics Automotive Parts Chemicals & Advanced Materials Cleaning Supplies Composite Materials Glass Non-Alcoholic Beverages Petrochemicals

Description

Finolex Industries Limited manufactures and sells polyvinyl chloride (PVC) pipes and fittings, and PVC resins in India. It operates in two segments, PVC Resin and PVC Pipes and Fittings. The company offers agriculture pipes and fittings; column pipes; casing pipes; solvent cement and lubricants; ASTM plumbing pipes and fittings; chlorinated PVC pipes and fittings; SWR pipes and fittings; sewerage pipes; and solvent cement lubricant and primer. It distributes its products through dealers and retail outlets. Finolex Industries Limited was founded in 1956 and is headquartered in Pune, India.

Key trends

Past 5 years