Finolex Industries Limited has announced its unaudited financial results for the second quarter and half-year ended September 30, 2026. These results, which include both standalone and consolidated figures, have been submitted to the stock exchanges. The presentation detailing these financial outcomes is also available on the company’s official website for public access.
Finolex Industries Reports Q2 & H1 FY27 Financial Results
Finolex Industries Limited has officially released its unaudited financial results for the quarter and half-year period concluding on September 30, 2026. The disclosure, made in accordance with SEBI regulations, encompasses both standalone and consolidated financial statements. This information provides a comprehensive overview of the company’s financial performance during the specified periods.
Investor Presentation Available
The company has also made available an accompanying Investor Presentation, which elaborates on these unaudited financial results. This presentation offers further insights into the company’s performance and strategic positioning. Stakeholders can access this detailed information directly on the Finolex Industries website at https://www.finolexpipes.com/.
Key Financial Highlights (Q2 & H1 FY27)
Business Performance Overview
Stronger Q2 Performance: Supported by healthy volume growth, Finolex Industries saw a 28% increase in volume growth during Q2 FY27 compared to the previous year, reaching 83,407 MT. Revenue also grew by 27%, driven by strong volume improvements.
Flattish Operating Performance: Despite volume growth, operating performance remained relatively flat due to higher material costs, though EBITDA stood at ₹124 Cr in Q2 FY27. PBT was ₹153 Cr.
H1 FY27 Performance: For the first half of FY27, volumes were down 4% year-on-year. Revenue grew by 4%, supported by improved realisations and Q2 volume growth, amounting to ₹1,978 Cr. H1 FY27 EBITDA remained stable at ₹231 Cr, and PBT stood at ₹300 Cr.
PVC Prices and PVC/EDC Delta
The PVC prices have shown a generally upward trend, with the average price in Q2 FY27 standing at ₹771/MT, compared to ₹737/MT in Q2 FY26. The PVC/EDC Delta, representing the price spread, was ₹455/MT in Q2 FY27, down from ₹535/MT in Q2 FY26, indicating some pressure on margins.
EBITDA Movement
Q2 FY27 vs. Q2 FY26: EBITDA increased from ₹130 Cr to ₹124 Cr, with revenue growth partially offset by higher material costs and other expenses.
H1 FY27 vs. H1 FY26: EBITDA remained stable at ₹231 Cr, with revenue growth of 4% offsetting increased material costs.
Source: BSE
