)
Finolex Industries (FINPIPE) investor relations material
Finolex Industries Q2 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q2 FY26 saw a 6% decline in volumes due to prolonged monsoon, but improved realizations and operational efficiency led to a 4% YoY revenue growth to ₹859 crore and a significant jump in profitability metrics.
H1 FY26 revenue declined 3% YoY to ₹1,902 crore, with EBITDA stable at ₹224 crore and PAT impacted by the absence of last year's exceptional gain.
Board approved unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025, with a limited review by statutory auditors.
Results reflect a single integrated business focused on pipes and fittings after internal reporting realignment.
Financial highlights
Q2 FY26 sales volume: 65,336 MT, down 6% YoY; total income: ₹859 crore, up 4% YoY; EBITDA: ₹130 crore (vs ₹11 crore YoY); PAT: ₹119.2 crore (vs ₹51.4 crore YoY).
H1 FY26 volume: 157,645 MT, down 2% YoY; total income: ₹1,902 crore, down from ₹1,969 crore YoY; EBITDA: ₹224 crore (up 3% YoY); PAT: ₹216 crore (vs ₹557 crore YoY, prior year included ₹417 crore exceptional gain).
Standalone net profit for Q2 FY26 was ₹119.20 crore, consolidated net profit at ₹123.56 crore.
Earnings per share (EPS) for Q2 FY26 stood at ₹1.93 (standalone) and ₹2.00 (consolidated).
Net cash surplus as of 30 Sep 2025: ₹2,360 crore.
Outlook and guidance
Full-year volume growth now expected at mid-single digits, revised from earlier double-digit outlook.
EBITDA margin guidance for FY26 is 10–12%, with Q2 at 15% and full-year expected to moderate as agri share rises.
CPVC segment expected to continue double-digit growth.
Capacity utilization expected to rise to 74–75% in FY26–27.
Liquidity remains strong with free cash (net) of ~₹2,359 crore as of Q2 FY26.
Next Finolex Industries earnings date
Next Finolex Industries earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage