Finolex Industries Limited Net Assets

Latest as of March 2026: Rs62.43 Billion INR ≈ $675.16 Million USD

Finolex Industries Limited net assets. Based on the latest financial reports, Finolex Industries Limited (FINPIPE) has net assets worth Rs62.43 Billion INR (≈ $675.16 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs75.96 Billion ≈ $821.43 Million USD) and total liabilities (Rs13.53 Billion ≈ $146.27 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore FINPIPE net asset momentum to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs62.43 Billion
% of Total Assets	82.19%
Annual Growth Rate	12.69%
5-Year Change	58.22%
10-Year Change	168.48%
Growth Volatility	30.69

Net Assets of Finolex Industries Limited (2005–2026)

Net assets of Finolex Industries Limited from 2005 to 2026. This chart illustrates how Finolex Industries Limited's net assets have evolved over time, based on quarterly financial data. See FINPIPE net asset quality score to measure how much of total assets are equity-financed.

Annual Net Assets for Finolex Industries Limited (2005–2026)

The table below shows the annual net assets of Finolex Industries Limited from 2005 to 2026. For live market cap and overall valuation, see market cap of Finolex Industries Limited.

Year	Net Assets	Change
2026-03-31	Rs62.15 Billion ≈ $672.10 Million	+1.93%
2025-03-31	Rs60.97 Billion ≈ $659.35 Million	+8.21%
2024-03-31	Rs56.34 Billion ≈ $609.32 Million	+14.91%
2023-03-31	Rs49.03 Billion ≈ $530.25 Million	+24.83%
2022-03-31	Rs39.28 Billion ≈ $424.78 Million	+25.13%
2021-03-31	Rs31.39 Billion ≈ $339.47 Million	+58.06%
2020-03-31	Rs19.86 Billion ≈ $214.78 Million	-22.91%
2019-03-31	Rs25.76 Billion ≈ $278.61 Million	-7.83%
2018-03-31	Rs27.95 Billion ≈ $302.28 Million	+20.75%
2017-03-31	Rs23.15 Billion ≈ $250.33 Million	+132.81%
2016-03-31	Rs9.94 Billion ≈ $107.53 Million	+26.27%
2015-03-31	Rs7.87 Billion ≈ $85.15 Million	-0.29%
2014-03-31	Rs7.90 Billion ≈ $85.40 Million	+9.50%
2013-03-31	Rs7.21 Billion ≈ $77.99 Million	+8.92%
2012-03-31	Rs6.62 Billion ≈ $71.60 Million	+6.74%
2011-03-31	Rs6.20 Billion ≈ $67.08 Million	+5.55%
2010-03-31	Rs5.88 Billion ≈ $63.56 Million	+17.55%
2009-03-31	Rs5.00 Billion ≈ $54.07 Million	-9.75%
2008-03-31	Rs5.54 Billion ≈ $59.91 Million	+4.79%
2007-03-31	Rs5.29 Billion ≈ $57.17 Million	+4.96%
2006-03-31	Rs5.04 Billion ≈ $54.47 Million	-0.35%
2005-03-31	Rs5.05 Billion ≈ $54.66 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Finolex Industries Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 8111.3% over the analyzed period, indicating profitable operations and earnings retention.

Finolex Industries Limited Net Assets Breakdown (March 2026)

Finolex Industries Limited net assets breakdown by equity component as of March 2026.

Component	Amount	Percentage
Retained Earnings	Rs44.39 Billion	71.43%
Common Stock	Rs1.24 Billion	1.99%
Other Comprehensive Income	Rs15.01 Billion	24.15%
Other Components	Rs1.51 Billion	2.43%
Total Equity	Rs62.15 Billion	100.00%

Finolex Industries Limited Competitors by Market Cap

The table below lists competitors of Finolex Industries Limited ranked by their market capitalization.

Company	Market Cap
Far Eastern Department Stores Ltd TW:2903	$963.11 Million
Rastar Environmental Protection Materials Co.Ltd. SHE:300834	$963.20 Million
Nanjing Sciyon Automation Group Co Ltd SHE:002380	$963.65 Million
Jiangsu Wuyang Parking Industry Group Co Ltd SHE:300420	$963.84 Million
Jayaswal Neco Industries Limited NSE:JAYNECOIND	$962.31 Million
Xining Special Steel Co Ltd SHG:600117	$962.18 Million
Emerald Expositions Events Inc NYSE:EEX	$962.15 Million
Pick N Pay Stores Ltd JSE:PIK	$962.06 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Finolex Industries Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 60,968,700,000 to 62,147,100,000, a change of 1,178,400,000 (1.9%).
Net income of 5,990,500,000 contributed positively to equity growth.
Dividend payments of 2,225,900,000 reduced retained earnings.
Other comprehensive income decreased equity by 2,592,100,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs5.99 Billion	+9.64%
Dividends Paid	Rs2.23 Billion	-3.58%
Other Comprehensive Income	Rs-2.59 Billion	-4.17%
Other Changes	Rs5.90 Million	+0.01%
Total Change	Rs-	1.93%

Book Value vs Market Value Analysis

This analysis compares Finolex Industries Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 1.43x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 17.66x to 1.43x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-03-31	Rs8.15	Rs143.95	x
2006-03-31	Rs8.12	Rs143.95	x
2007-03-31	Rs8.53	Rs143.95	x
2008-03-31	Rs8.93	Rs143.95	x
2009-03-31	Rs8.06	Rs143.95	x
2010-03-31	Rs9.47	Rs143.95	x
2011-03-31	Rs10.00	Rs143.95	x
2012-03-31	Rs10.67	Rs143.95	x
2013-03-31	Rs11.62	Rs143.95	x
2014-03-31	Rs12.73	Rs143.95	x
2015-03-31	Rs12.69	Rs143.95	x
2016-03-31	Rs16.02	Rs143.95	x
2017-03-31	Rs37.31	Rs143.95	x
2018-03-31	Rs45.05	Rs143.95	x
2019-03-31	Rs41.52	Rs143.95	x
2020-03-31	Rs32.12	Rs143.95	x
2021-03-31	Rs50.59	Rs143.95	x
2022-03-31	Rs63.30	Rs143.95	x
2023-03-31	Rs79.30	Rs143.95	x
2024-03-31	Rs91.12	Rs143.95	x
2025-03-31	Rs98.60	Rs143.95	x
2026-03-31	Rs100.53	Rs143.95	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Finolex Industries Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 9.64%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 14.56%
• Asset Turnover: 0.54x
• Equity Multiplier: 1.22x
Recent ROE (9.64%) is below the historical average (13.31%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	18.98%	11.43%	0.60x	2.79x	Rs453.72 Million
2006	8.40%	5.75%	0.52x	2.83x	Rs-80.61 Million
2007	13.22%	6.52%	0.72x	2.81x	Rs170.16 Million
2008	12.85%	4.96%	0.82x	3.18x	Rs157.86 Million
2009	-7.58%	-2.48%	0.82x	3.72x	Rs-878.90 Million
2010	22.52%	8.75%	0.80x	3.20x	Rs735.55 Million
2011	12.28%	3.80%	1.06x	3.05x	Rs141.40 Million
2012	11.35%	3.58%	1.01x	3.15x	Rs89.40 Million
2013	18.88%	6.35%	1.05x	2.83x	Rs640.21 Million
2014	6.05%	1.93%	1.30x	2.42x	Rs-311.91 Million
2015	6.07%	1.93%	1.33x	2.36x	Rs-309.62 Million
2016	25.93%	10.39%	1.34x	1.87x	Rs1.58 Billion
2017	15.33%	13.64%	0.87x	1.29x	Rs1.23 Billion
2018	10.96%	11.19%	0.78x	1.25x	Rs268.21 Million
2019	14.26%	11.88%	0.93x	1.29x	Rs1.10 Billion
2020	16.75%	11.15%	1.03x	1.46x	Rs1.34 Billion
2021	23.50%	21.31%	0.81x	1.37x	Rs4.24 Billion
2022	26.77%	22.62%	0.87x	1.36x	Rs6.59 Billion
2023	5.11%	5.70%	0.70x	1.28x	Rs-2.40 Billion
2024	8.41%	10.97%	0.61x	1.25x	Rs-898.37 Million
2025	13.12%	19.32%	0.56x	1.21x	Rs1.90 Billion
2026	9.64%	14.56%	0.54x	1.22x	Rs-224.21 Million

Industry Comparison

This section compares Finolex Industries Limited's net assets metrics with peer companies in the Building Products & Equipment industry.

Industry Context

Industry: Building Products & Equipment
Average net assets among peers: $5,663,581,589
Average return on equity (ROE) among peers: 13.32%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Finolex Industries Limited (FINPIPE)	Rs62.43 Billion	18.98%	0.22x	$962.57 Million
Ahlada Engineers Limited (AHLADA)	$1.14 Billion	6.77%	0.53x	$5.07 Million
Apollo Pipes Limited (APOLLOPIPE)	$4.05 Billion	12.28%	0.34x	$244.41 Million
Aro Granite Industries Limited (AROGRANITE)	$1.80 Billion	5.39%	0.91x	$3.71 Million
Beardsell Limited (BEARDSELL)	$254.09 Million	12.95%	1.20x	$10.38 Million
Bigbloc Construction Limited (BIGBLOC)	$1.09 Billion	28.25%	1.70x	$52.72 Million
Blue Star Limited (BLUESTARCO)	$3.67 Billion	49.11%	2.72x	$3.46 Billion
Cera Sanitaryware Limited (CERA)	$213.18 Million	7.56%	1.79x	$666.21 Million
Electrosteel Castings Limited (ELECTCAST)	$37.67 Billion	-2.42%	0.91x	$459.29 Million
Everest Industries Limited (EVERESTIND)	$3.98 Billion	13.33%	1.02x	$76.91 Million
Exxaro Tiles Limited (EXXARO)	$2.77 Billion	-0.04%	0.77x	$30.53 Million

About Finolex Industries Limited

NSE:FINPIPE India Building Products & Equipment

Market Cap

$962.57 Million

Rs89.01 Billion INR

Market Cap Rank

#8781 Global

#436 in India

Share Price

Rs143.95

Change (1 day)

+4.30%

52-Week Range

Rs137.16 - Rs191.93

All Time High

Rs345.34