Finolex Industries Limited
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; and solvent cement and lubricants. It also provides plumbing and sanitation pipes and fitting, such as ASTM pipes and fittings; CPVC … Read more
Market Cap & Net Worth: Finolex Industries Limited (FINPIPE)
Finolex Industries Limited (NSE:FINPIPE) has a market capitalization of $1.26 Billion (₹108.87 Billion) as of March 18, 2026. Listed on the NSE stock exchange, this India-based company holds position #10844 globally and #457 in its home market, demonstrating a -2.76% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Finolex Industries Limited's stock price ₹176.08 by its total outstanding shares 618313905 (618.31 Million).
Finolex Industries Limited Market Cap History: 2015 to 2026
Finolex Industries Limited's market capitalization history from 2015 to 2026. Data shows growth from $365.75 Million to $1.26 Billion (12.93% CAGR).
Index Memberships
Finolex Industries Limited is a constituent of 4 market indices:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NIFTY 500
NIFTY500
|
$1.27 Trillion | 0.04% | #372 of 500 |
|
NIFTY MIDSMALLCAP 400
NIFTYMIDSML400
|
$535.73 Billion | 0.08% | #266 of 400 |
|
NIFTY TOTAL MARKET
NIFTYTOTALMKT
|
$1.32 Trillion | 0.03% | #391 of 750 |
|
NIFTY SMALLCAP 250
NISM250
|
$188.65 Billion | 0.24% | #157 of 250 |
Weight: Finolex Industries Limited's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Finolex Industries Limited Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Finolex Industries Limited's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.03x
Finolex Industries Limited's market cap is 0.03 times its annual revenue
0.18x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
0.16x
Finolex Industries Limited's market cap is 0.16 times its annual earnings
9.15x
Lower than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $542.95 Million | $24.82 Billion | $2.58 Billion | 0.02x | 0.21x |
| 2017 | $832.70 Million | $26.02 Billion | $3.55 Billion | 0.03x | 0.23x |
| 2018 | $700.63 Million | $27.38 Billion | $3.06 Billion | 0.03x | 0.23x |
| 2019 | $722.73 Million | $30.91 Billion | $3.67 Billion | 0.02x | 0.20x |
| 2020 | $866.56 Million | $29.85 Billion | $3.33 Billion | 0.03x | 0.26x |
| 2021 | $1.41 Billion | $34.62 Billion | $7.38 Billion | 0.04x | 0.19x |
| 2022 | $1.31 Billion | $46.47 Billion | $10.51 Billion | 0.03x | 0.12x |
| 2023 | $1.49 Billion | $43.97 Billion | $2.51 Billion | 0.03x | 0.59x |
| 2024 | $1.80 Billion | $43.17 Billion | $4.74 Billion | 0.04x | 0.38x |
| 2025 | $1.24 Billion | $41.42 Billion | $8.00 Billion | 0.03x | 0.16x |
Competitor Companies of FINPIPE by Market Capitalization
Companies near Finolex Industries Limited in the global market cap rankings as of March 18, 2026.
Key companies related to Finolex Industries Limited by market ranking:
- Trane Technologies plc (NYSE:TT): Ranked #216 globally with a market cap of $93.90 Billion USD.
- Johnson Controls International PLC (NYSE:JCI): Ranked #280 globally with a market cap of $75.00 Billion USD.
- Compagnie de Saint-Gobain S.A (PINK:CODGF): Ranked #428 globally with a market cap of $51.28 Billion USD.
- Carrier Global Corp (NYSE:CARR): Ranked #484 globally with a market cap of $44.65 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #216 | Trane Technologies plc | NYSE:TT | $93.90 Billion | $425.36 |
| #280 | Johnson Controls International PLC | NYSE:JCI | $75.00 Billion | $132.56 |
| #428 | Compagnie de Saint-Gobain S.A | PINK:CODGF | $51.28 Billion | $112.55 |
| #484 | Carrier Global Corp | NYSE:CARR | $44.65 Billion | $56.98 |
Finolex Industries Limited Historical Marketcap From 2015 to 2026
Between 2015 and today, Finolex Industries Limited's market cap moved from $365.75 Million to $ 1.26 Billion, with a yearly change of 12.93%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | ₹1.26 Billion | +1.19% |
| 2025 | ₹1.24 Billion | -30.82% |
| 2024 | ₹1.80 Billion | +20.66% |
| 2023 | ₹1.49 Billion | +13.77% |
| 2022 | ₹1.31 Billion | -7.52% |
| 2021 | ₹1.41 Billion | +63.25% |
| 2020 | ₹866.56 Million | +19.90% |
| 2019 | ₹722.73 Million | +3.15% |
| 2018 | ₹700.63 Million | -15.86% |
| 2017 | ₹832.70 Million | +53.37% |
| 2016 | ₹542.95 Million | +48.45% |
| 2015 | ₹365.75 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Finolex Industries Limited was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.26 Billion USD |
| MoneyControl | $1.26 Billion USD |
| MarketWatch | $1.26 Billion USD |
| marketcap.company | $1.26 Billion USD |
| Reuters | $1.26 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.