Finolex Industries faced weakened revenues due to lower realizations from PVC prices volatility and subdued volume growth in Q4-FY25.
PVC resin volumes declined significantly to 56,018 tonnes from 69,215 tonnes, impacting the company's EBIT and margins.
Despite challenges, there is potential for improved earnings with enhanced pricing power, stable PVC prices, and better product penetration, especially in non-agri pipes.
Analysts recommend buying Finolex Industries stock with a revised target price of ₹253, based on improved business outlook and potential growth opportunities.