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HinduBusinessLine

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Image Credit: HinduBusinessLine

Broker’s call: Finolex Ind (Buy)

  • 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.

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