Home

Insights

Finolex Industries Ltd dividend

Finolex Industries Ltd dividend

download
stocks purchased

₹ 0.5 Cr

Volume transacted

stocks purchased

18.1 K

stocks traded

Image

Finolex Industries Ltd

NSE: FINPIPE

DPS

1.5

Last updated : FY 2023

Key Highlights

    The Dividend per Share of Finolex Industries Ltd is ₹ 1.5 as of 2023 .a1#The Dividend Payout of Finolex Industries Ltd changed from 35.48 % on March 2019 to 39.2 % on March 2023 . This represents a CAGR of 2.01% over 5 years. a1#The Latest Trading Price of Finolex Industries Ltd is ₹ 296.95 as of 18 May 15:30 .a1#The Market Cap of Finolex Industries Ltd changed from ₹ 6222 crore on March 2019 to ₹ 10594 crore on March 2023 . This represents a CAGR of 11.23% over 5 years. a1#The Revenue of Finolex Industries Ltd changed from ₹ 1214 crore to ₹ 1289 crore over 8 quarters. This represents a CAGR of 3.02% a1#The EBITDA of Finolex Industries Ltd changed from ₹ 149.59 crore to ₹ 262.8 crore over 8 quarters. This represents a CAGR of 32.54% a1#The Net Profit of Finolex Industries Ltd changed from ₹ 99.22 crore to ₹ 164.9 crore over 8 quarters. This represents a CAGR of 28.92% a1#

Open Demat Account

Lead form image

+91

50 Years

of Trust & Legacy

₹0 AMC

for First Year

₹0 Brokerage

on Delivery, Intraday, Currency and NSE F&O

*By signing up you agree to our terms & conditions

Share Price Vs Dividend Yield

swot
swot

Fundamental Metrics

Market Cap

16,966 Cr

EPS

7.7

P/E Ratio (TTM) *

35.7

P/B Ratio (TTM) *

3.0

DTE *

0.1

ROE *

8.4

ROCE *

11.3

Dividend Yield *

0.88

DPS *

1.5

Dividend Payout *

39.2

Ann.Dividend % *

75

* All values are consolidated

* All values are consolidated

×

Dividend Payout Over Time

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Dividend Payout Over Time

Period
Mar '1935
Mar '2042
Mar '2134
Mar '2224
Mar '2339

* All values are a in %

Dividend per Share (DPS) Over Time

×

DIVIDENDYIELD

Dividend Yield is a financial ratio that shows the annual dividend income relative to the market price of a share. It is calculated by dividing the dividend per share by the current market price per share, expressed as a percentage.

Dividend Yield Comparison With Top Peers

1M

1Y

3Y

5Y

* All values are in %

Net Profit Vs Dividend Per Share

Image

Finolex Industries Ltd

NSE: FINPIPE

PRICE

296.95

1.45(0.49%)

stock direction

Last updated : 18 May 15:30

SWOT Analysis Of Finolex Industries Ltd

Strength

1

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Finolex Industries Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Dividend Overview for Finolex Industries Ltd

  • Finolex Industries Ltd, boasts of a market capitalization of Rs 16967 Cr., with a share price of Rs 296.95 as of 18 May 15:30. While all stocks don't consistently pay dividends, Finolex Industries Ltd rewarded its shareholders, distributing 39.2 % for the full year.
  • In the year ending 2022, Finolex Industries Ltd declared a dividend of Rs 4, resulting in a dividend yield of 2.6% Assessing its dividend-paying capacity and valuation is crucial to determine its suitability as a dividend stock.
  • During the year ending 2023, Finolex Industries Ltd recorded revenues of Rs 4317 Cr, with a trailing EBITDA Margin of 18.6% and net-profit of Rs 474 Cr

Overview of Dividend

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


×

Market Cap Over Time

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Market Cap Over Time

Period
Mar '196222
Mar '204849
Mar '217905
Mar '229605
Mar '2310595

* All values are a in crore

×

Revenue Over Time

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Revenue Over Time

Period
Jun '221215
Sep '22980
Dec '221165
Mar '221184
Jun '231227
Sep '23953
Dec '231067
Mar '231289

* All values are a in crore

×

EBITDA Over Time

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

EBITDA Over Time

Period
Jun '22150
Sep '22-104
Dec '22133
Mar '22260
Jun '23200
Sep '23173
Dec '23167
Mar '23263

* All values are a in crore

×

Net Profit Over Time

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Net Profit Over Time

Period
Jun '2299
Sep '22-95
Dec '2280
Mar '22167
Jun '23115
Sep '2398
Dec '2395
Mar '23165

* All values are a in crore

About Finolex Industries Ltd

About Finolex Industries Ltd

    The Company offer a wide range of PVC pipes and fittings suitable for applications in agriculture, plumbing and sanitation. During the year 1999-2000, the company commissioned their new PVC extruded, rigid pipes plant at Ratnagiri in Maharashtra. They signed Technical agreement with Aker Kvaerner Netherlands for Basic Engineering and Design Development for the VCM plant. During the financial year 2012-13, Finolex Industries commissioned a state-of-the-art PVC pipes manufacturing plant at Masar in Vadodara with an initial capacity of 30,000 tons per annum (tpa). The sales volume for PVC pipes & fittings was 262,858 MT for the financial year ended 31 March 2019 as against 252,036 MTPA for the financial year ended 31 March 2018.

Finolex Industries Ltd News Hub

News

Finolex Inds records PAT of Rs 161 crore in Q4; EBITDA margin at 16.9%

Volume in Pipes & Fittings segment increased by 22.98% to 1,00,171 MT in Q4 FY24 from 81,4...

Read more

13 May 2024 10:30

News

Board of Finolex Industries recommends final dividend

Finolex Industries announced that the Board of Directors of the Company at its meeting hel...

Read more

11 May 2024 09:35

News

Finolex Industries announces board meeting date

Finolex Industries will hold a meeting of the Board of Directors of the Company on 10 May ...

Read more

03 May 2024 10:34

News

Volumes jump at Finolex Industries Ltd counter

JK Lakshmi Cement Ltd, Astrazeneca Pharma India Ltd, Honeywell Automation India Ltd, Uno M...

Read more

09 Feb 2024 11:00

News

Finolex Industries announces change in Chief Information Officer

Finolex Industries announced the appointment of Harish Dash as Chief Information Officer &...

Read more

10 Nov 2023 10:10

News

Finolex Industries to discuss results

Finolex Industries will hold a meeting of the Board of Directors of the Company on 21 Octo...

Read more

14 Oct 2023 19:27

FAQs for dividends of Finolex Industries Ltd

What is the current market price of Finolex Industries Ltd Ltd as of May 18, 2024?

The current market price of Finolex Industries Ltd Ltd stands at 297.0 per share.

What dividend did Finolex Industries Ltd declare in the last fiscal year?

In the last fiscal year, Finolex Industries Ltd declared a dividend totaling ₹2.5.

What is the most recent dividend declared by Finolex Industries Ltd?

Finolex Industries Ltd recently declared a dividend of 0.0 in the latest quarter

How many times has Finolex Industries Ltd declared dividends in the current fiscal year

Finolex Industries Ltd has declared dividends 4 times totaling ₹0 in the current fiscal year (FY2023-2024).

How many times did Finolex Industries Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2022-2023), Finolex Industries Ltd declared dividends 4 times totaling ₹0.
up arrow
50yearstrust

Unlimited trading at just

Rs. 399

Rs. 199