Finolex Industries (NSE:FINPIPE) Net Margin %: 19.88% (As of Mar. 2026) — 54% Above Median


NSE:FINPIPE Finolex Industries Ltd NSE:FINPIPE
82 GF Score
Price ₹176.25
GF Value ₹210.62
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Finolex Industries Net Margin %?

Finolex Industries NSE:FINPIPE -4.03% 82 Net Margin % is 19.88% as of Mar. 2026, which is 54% above its 10-year median of 12.89. GuruFocus rates NSE:FINPIPE with a GF Score™ of 82/100 and a GF Value™ of ₹210.62 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,766 Construction companies, Finolex Industries ranks better than 89.07% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Finolex Industries's Net Income for the three months ended in Mar. 2026 was ₹2,613 Mil. Finolex Industries's Revenue for the three months ended in Mar. 2026 was ₹13,139 Mil. Therefore, Finolex Industries's net margin for the quarter that ended in Mar. 2026 was 19.88%.

The historical rank and industry rank for Finolex Industries's Net Margin % or its related term are showing as below:

NSE:FINPIPE' s Net Margin % Range Over the Past 10 Years
Min: 5.75   Med: 12.89   Max: 22.8
Current: 14.56


NSE:FINPIPE's Net Margin % is ranked better than
89.07% of 1766 companies
in the Construction industry
Industry Median: 3.92 vs NSE:FINPIPE: 14.56

Finolex Industries  (NSE:FINPIPE) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Finolex Industries Net Margin % Related Terms


Finolex Industries Net Margin % Historical Data

* Premium members only.

The historical data trend for Finolex Industries's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Finolex Industries Net Margin % Chart

Finolex Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.80 5.75 11.08 19.32 14.56

Finolex Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.04 9.41 14.39 12.93 19.88

NSE:FINPIPE vs TT, JCI, CARR: Net Margin % Comparison

For the Building Products & Equipment subindustry, Finolex Industries's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Finolex Industries Net Margin % vs Construction Industry

For the Construction industry and Industrials sector, Finolex Industries's Net Margin % distribution charts can be found below:

* The bar in red indicates where Finolex Industries's Net Margin % falls into.


NSE:FINPIPE
82GF Score
Finolex Industries Ltd NSE:FINPIPE
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Finolex Industries Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Finolex Industries's Net Margin for the fiscal year that ended in Mar. 2026 is calculated as

Net Margin=Net Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=5990.5/41134.3
=14.56 %

Finolex Industries's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=2612.5/13138.8
=19.88 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 19.88% mean?
Finolex Industries (NSE:FINPIPE) has a Net Margin % of 19.88% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Finolex Industries and its competitors. This is 54% above median its historical median of 12.89. Over the past decade, Finolex Industries' Net Margin % has ranged from 5.75 to 22.80. According to the industry distribution chart, Finolex Industries ranks #193 out of 1766 companies in the Construction industry, placing it in the top 10.9%.
Is Finolex Industries' Net Margin % too high?
Finolex Industries' current Net Margin % of 19.88% is 54% above median its 10-year median of 12.89. Over the past 10 years, this metric has ranged from a low of 5.75 to a high of 22.80. The Construction industry median Net Margin % is 3.92. Finolex Industries' value of 19.88% is 407.1% above this industry median. Based on the distribution chart, Finolex Industries ranks #193 out of 1766 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Finolex Industries has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Finolex Industries' Net Margin % compare to TT and JCI?
According to the Construction industry distribution chart, Finolex Industries ranks #193 out of 1766 companies for Net Margin %. This places Finolex Industries in the top 11% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.92. Finolex Industries' value of 19.88% is 407.1% above this benchmark. Historically, Finolex Industries' own Net Margin % has ranged from 5.75 to 22.80 over the past decade. While the company's 10-year median is 12.89 vs. the industry median of 3.92, Finolex Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Construction company?
The median Net Margin % among Construction companies is 3.92, based on 1,766 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Finolex Industries's current Net Margin % of 19.88% is 407.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Finolex Industries and its competitors. For the Construction industry, the median Net Margin % is 3.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Finolex Industries's current Net Margin % is 19.88%, which is 54% above median its own 10-year median of 12.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Finolex Industries stock overvalued right now?
Based on GuruFocus' analysis, Finolex Industries (NSE:FINPIPE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹210.62, compared to a current price of ₹176.25 — trading 16.3% below its estimated fair value. The current Net Margin % is 19.88%, which is 54% above median its 10-year median of 12.89 and 407.1% above the Construction industry median of 3.92. Finolex Industries' overall GF Score™ is 82/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Finolex Industries (NSE:FINPIPE), the current Net Margin % is 19.88% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Finolex Industries (NSE:FINPIPE) Overvalued in 2026?

Based on GuruFocus' analysis, Finolex Industries stock appears to be undervalued. The current stock price of ₹176.25 is trading 16.3% below its estimated GF Value™ of ₹210.62. GuruFocus considers Finolex Industries to be Modestly Undervalued.

Key valuation signals for NSE:FINPIPE:

  • Net Margin %: 19.88% (54% above median its 10-year median of 12.89)
  • GF Value™: ₹210.62 vs. price of ₹176.25 (16.3% below fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 407.1% above the Construction median (#193 of 1766)

No single metric tells the full story. See the NSE:FINPIPE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Finolex Industries Business Description

Other Exchanges 500940:India
Address Baner-Pashan Link Road, IndiQube -The Kode, 11th Floor, Baner Gaon, Haveli, Pune, MH, IND, 411045
Finolex Industries Ltd manufactures rigid polyvinyl chloride pipes and resins, and fittings. Pipes and fittings are developed out of manufacturing plants strategically located in India. Finolex's products are designed to meet a range of specifications such as size, pressure classes, and diameters. Traditionally, market participants in agriculture, housing, telecom, construction, and other industries have constituted the largest portion of the company's customer base. In addition to the number of manufacturing plants across India, Finolex depends on a network of direct and indirect retail outlets across the country to deliver its services to numerous industries.
82GF Score

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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹176.25
Price
₹210.62
GF Value