Finolex Industries Limited operates within the Plastics pipe sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Finolex Industries Limited with three other
plastic product manufacturers in Asia:
Asahi Yukizai Corp
sales of 41.55 billion Japanese Yen [US$371.85 million]
of which 57%
was Pipe material system),
Zhejiang Weixing New Building Materials Co.,Limited
(3.32 billion Chinese Renmimbi [US$482.08 million]
of which 99%
was Manufacturing Industry), and
Cangzhou Mingzhu Plasti Co.,Ltd
based in China
(2.76 billion Chinese Renmimbi [US$401.28 million]
of which 56%
was Plastic Pipe).
During the year ended March of 2016, sales at
Finolex Industries Limited were 24.53 billion Indian Rupees (US$377.98 million).
decrease of 0.9%
versus 2015, when the company's sales were 24.76 billion Indian Rupees.
Contributing to the drop in overall sales was the 65.6% decline
in Power, from 31.76 million Indian Rupees to 10.92 million Indian Rupees.
There were also decreases in sales in
Pvc (down 14.1% to 6.70 billion Indian Rupees)
However, these declines were partially offset by the increase in sales of
Pvc Pipes and Fittings (up 5.2% to 17.82 billion Indian Rupees)