Finolex Industries Share Price Target 2026, 2027, 2030, 2040, 2050

Finolex Industries is India’s biggest company that makes PVC pipes and fittings, and is also a large maker of PVC resin. The company works in farming, water supply, plumbing, sanitation, and building work. It makes its own PVC resin, which helps it keep good quality and a steady supply of materials. It sells many types of PVC pipes and fittings used for farm irrigation, clean drinking water, and home plumbing. The company has modern factories in Maharashtra and Gujarat and a strong network of dealers and shops all over India. It is also known for simple and useful products like Ringfit pipes and for following quality rules, which makes it a trusted name in India’s pipe industry.

What is Finolex Industries Ltd NSE: FINPIPE?

Finolex Industries was established in 1981 in Pune, Maharashtra, and was founded by Prakash P. Chhabria. This company makes PVC pipes, fittings, and PVC resin. The company is one of the biggest PVC pipe makers in India. Its products are used for farming irrigation, clean water supply, home plumbing, drainage systems, and building work. It also makes its own PVC resin, which helps the company keep good quality and manage costs better. Its products are easily available and are very useful for homes, farms, and basic infrastructure needs because of its large network of dealers and shops across India.

Finolex Industries Share Price Target

Finolex Industries Share Price Target 2026

It is a popular Indian company that makes PVC pipes, pipe fittings, and PVC resin. The company works in important areas such as farming, water supply, plumbing, sanitation, and building construction. Over the years, it has become a trusted name in India’s pipe industry. Its products are used every day by farmers, builders, plumbers, and families across the country. The company focuses on making strong, safe, and long-lasting products that people can rely on. The company has grown because of good quality, wide availability, and customer trust, and today it is seen as a leading company in piping solutions. In 2026, its share price target would be ₹273, as per stock market analysts.

Its share price would be between ₹157 to ₹273 in 2026, as per stock market analysts.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2026	157	273

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	160	202
February	157	212
March	160	220
April	163	227
May	164	230
June	166	234
July	167	237
August	170	247
September	173	252
October	175	257
November	177	268
December	180	273

Finolex Industries Share Price Target 2027

In the early days, the company worked on building good factories and making reliable products. At that time, people were slowly replacing metal pipes because they rusted easily and needed more maintenance. Finolex saw this change and began producing good-quality PVC pipes. Over time, the company improved its machines, increased production, and earned the trust of customers. The strong work done in the early years helped build a solid base for future growth and made the company a stable and trusted manufacturing company. In 2027, its share price target would be ₹406, as per stock market analysts.

Its share price would be between ₹250 to ₹406 in 2027, as per stock market analysts.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2027	250	406

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	250	330
February	253	342
March	258	350
April	261	357
May	266	368
June	271	372
July	277	375
August	283	381
September	288	385
October	290	389
November	300	398
December	312	406

Share Price Target 2028

Its main product is PVC pipes. These pipes are light in weight, strong, do not rust, and are easy to install. It makes PVC pipes in many sizes so they can be used for different purposes. They are widely used for farm irrigation, clean drinking water, drainage, and home plumbing. The company checks quality carefully during production to make sure each pipe is safe and lasts a long time. Because PVC pipes need very little care and work well for many years, many people prefer them. It continues to improve its pipe designs to meet new needs. In 2028, its share price target would be ₹538, as per stock market analysts.

Its share price would be between ₹380 to ₹538 in 2028, as per stock market analysts.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2028	380	538

Share Price Target 2029

It also makes many types of PVC fittings. These fittings are used to join pipes and to change the direction or size of a pipeline. Good fittings are important because they stop water leakage and help water flow smoothly. Its fittings are made to fit perfectly with Finolex pipes, which makes installation easy and safe. These fittings are used in farms, homes, offices, factories, and other buildings. In 2029, its share price target would be ₹669, as per stock market analysts.

Its share price would be between ₹500 to ₹669 in 2029, as per stock market analysts.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2029	500	669

Finolex Industries share price Target 2030

It has modern factories mainly in Maharashtra and Gujarat. These factories use advanced machines and technology to make high-quality PVC products. Skilled workers and trained engineers run these factories to ensure smooth and safe production. Strict quality checks are followed at every step, from raw materials to final packing. The company regularly upgrades its machines to work better and reduce waste. In 2030, its share price target would be ₹820, as per stock market analysts.

Its share price would be between ₹635 to ₹820 in 2030, as per stock market analysts.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2030	635	820

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	635	720
February	641	737
March	650	749
April	657	758
May	663	767
June	667	780
July	670	783
August	677	788
September	680	795
October	711	800
November	721	814
December	725	820

Share Price Target 2040

It provides useful plumbing products for homes, apartments, and housing projects. Its pipes are used for clean water supply, drainage, and wastewater systems. Good plumbing helps keep homes clean and healthy. Its pipes are easy to fix, safe to use, and need very little maintenance, which makes them popular among plumbers and builders. These products help prevent water leakage and keep water clean. In 2040, its share price target would be ₹1475, as per stock market analysts.

Its share price would be between ₹ to ₹1475 in 2040, as per stock market analysts.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2040	1256	1475

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	1256	1330
February	1263	1347
March	1270	1355
April	1278	1367
May	1283	1380
June	1289	1399
July	1297	1421
August	1300	1432
September	1310	1445
October	1321	1452
November	1330	1460
December	1345	1475

Share Price Target 2050

It has a strong and wide network for selling its products across India. The company works with many dealers, distributors, and local shops so that its products are easy to buy. This wide network helps it to reach people in big cities, small towns, and villages. Easy availability is very important for products like pipes, which are often needed quickly for repairs or building work. A good selling network also helps in faster delivery and better help for customers. Because of this wide reach, its products are trusted and used by many people in different parts of the country. In 2050, its share price target would be ₹2084, as per stock market analysts.

Its share price would be between ₹1857 to ₹2084 in 2050, as per stock market analysts.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2050	1857	2084

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	1857	1940
February	1866	1961
March	1878	1975
April	1889	1990
May	1900	2004
June	1912	2014
July	1932	2020
August	1942	2034
September	1957	2042
October	1958	2057
November	1969	2067
December	1990	2084

Should I buy Finolex Industries stock?

Year	Minimum Price (Rs)	Maximum Price (Rs)
2026	157	273
2027	250	406
2028	380	538
2029	500	669
2030	635	820
2040	1256	1475
2050	1857	2084

It is a well-known Indian company that makes PVC pipes, fittings, and PVC resin, used in farming, plumbing, water supply, sanitation, and building construction. The stock has had mixed results recently—some experts think it may go up, while others warn the price could stay weak because of changing demand. People who want to invest for a long time may consider it because the company has strong business and important products. But for short-term traders, the stock may be risky due to recent price drops.

Finolex Industries earnings results

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales +	2,985	3,462	4,647	4,397	4,317	4,142	4,075
Expenses +	2,536	2,472	3,623	4,105	3,732	3,666	3,596
Operating Profit	448	990	1,025	293	585	476	478
OPM %	15%	29%	22%	7%	14%	12%	12%
Other Income +	30	72	458	121	181	665	237
Interest	11	7	14	27	36	30	26
Depreciation	74	78	83	89	116	107	108
Profit before tax	393	977	1,385	297	613	1,005	581
Tax %	18%	25%	24%	20%	26%	23%
Net Profit +	324	728	1,053	237	455	778	437
EPS in Rs	5.22	11.73	16.98	3.81	7.34	12.54	7.04
Dividend Payout %	38%	34%	24%	39%	34%	29%

Key Metrics

TTM PE Ratio	PB Ratio	Dividend Yield	Sector PE	Sector PB	Sector Div Yld
23.63	1.86	1.96%	42.31	6.29	0.62%

Peers & Comparison

Stock	PE Ratio	PB Ratio	Dividend Yield
Finolex Industries Ltd	14.19	1.86	1.96%
APL Apollo Tubes Ltd	72.11	12.97	0.29%
Astral Ltd	76.56	10.86	0.25%
Ratnamani Metals and Tubes Ltd	29.74	4.41	0.61%

Is Finolex Industries stock good to buy? (bull case & bear case)

Bull Case:

• In FY 2025, the company earned around ₹4,142 crore in revenue, showing it makes strong sales from PVC pipes, fittings, and resin.
• The company made a profit after tax of about ₹778 crore in FY 2025, showing it is making good profits.
• It kept a net profit margin of close to 19 % in FY 2025, meaning it keeps a good part of its revenue as profit.
• The company has a strong cash position and very little debt, showing it is financially stable.
• Sales of pipes and fittings increased because of higher demand in farming and construction.
• Experts expect the company to keep growing as India invests more in housing, irrigation, and infrastructure.

Bear Case:

• Revenue in FY 2025 was slightly lower than the previous year, showing some pressure on sales.
• Quarterly results in early FY 2026 showed a drop in profit and earnings per share compared with the same period last year.
• Profit margins are under pressure due to changes in PVC raw material costs and pricing challenges.
• The stock price has been weak recently, showing lower investor confidence.

Conclusion

It is one of India’s biggest makers of PVC pipes, fittings, and PVC resin. The company works in farming, plumbing, water supply, sanitation, and construction. It has strong factories in Maharashtra and Gujarat and makes its own PVC resin to keep good quality and control costs. Its products are easy to buy because of a wide network of dealers and shops all over India. The company has grown steadily over the years and is trusted for its reliable and long-lasting products.

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