Finolex Industries Limited — Investor Meet, 13-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates
13-08-2026 | 06:51 pm
13-08-2026 | 06:51 pm
Finolex Industries reported a challenging Q1 FY27, with revenue down 15% to ₹884 Cr and volumes declining 27% due to polymer price volatility and channel destocking. Despite this, EBITDA climbed 14% to ₹107 Cr, boosting margins from 9% to 12%. This margin resilience was partly due to its backward integration. PAT came in at ₹107 Cr. Management noted a volume pickup in July following Minimum Import Price (MIP) introduction and customs duty changes. The company holds a strong cash position of ₹2,636 Cr, with capacity expansion ongoing. Outlook is cautiously optimistic for normalized inventories and stable prices.
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