Finolex Industries (NSE:FINPIPE) Scaled Net Operating Assets: N/A (As of Mar. 2026)


NSE:FINPIPE Finolex Industries Ltd NSE:FINPIPE
86 GF Score
Price ₹174.52
GF Value ₹210.62
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Finolex Industries Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Finolex Industries's operating assets for the quarter that ended in Mar. 2026 was ₹50,998 Mil. Finolex Industries's operating liabilities for the quarter that ended in Mar. 2026 was ₹9,352 Mil. Finolex Industries's Total Assets for the quarter that ended in Dec. 2025 was ₹0 Mil. Therefore, Finolex Industries's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was N/A.

Finolex Industries Scaled Net Operating Assets Historical Data

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The historical data trend for Finolex Industries's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

Finolex Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.68 0.66 0.58 0.56

Finolex Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets 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 0.00 0.00 0.00 0.00 0.00

NSE:FINPIPE vs TT, JCI, CARR: Scaled Net Operating Assets Comparison

For the Building Products & Equipment subindustry, Finolex Industries's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Construction Industry

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

* The bar in red indicates where Finolex Industries's Scaled Net Operating Assets falls into.


NSE:FINPIPE
86GF Score
Finolex Industries Ltd NSE:FINPIPE
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Finolex Industries Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Finolex Industries's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(50997.9-9352.2)/73819.3
=0.56

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=75955.7 - 24957.8
=50997.9

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13808.6 - 19.7 - 4436.7
=9352.2

Finolex Industries's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(50997.9-9352.2)/0
=N/A

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=75955.7 - 24957.8
=50997.9

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13808.6 - 19.7 - 4436.7
=9352.2

* 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.

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

Based on GuruFocus' analysis, Finolex Industries stock appears to be undervalued. The current stock price of ₹174.52 is trading 17.1% below its estimated GF Value™ of ₹210.62. GuruFocus considers Finolex Industries to be Modestly Undervalued.

Key valuation signals for NSE:FINPIPE:

  • Scaled Net Operating Assets: N/A
  • GF Value™: ₹210.62 vs. price of ₹174.52 (17.1% below fair value)
  • GF Score™: 86/100 with 3 warning signs

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.
86GF Score

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

₹174.52
Price
₹210.62
GF Value