FINPIPE2024-01-012024-03-31 FINPIPE2024-01-012024-03-31 FINPIPE2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member FINPIPE2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member FINPIPE2024-03-31 FINPIPE2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue01Member FINPIPE2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue02Member FINPIPE2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue01Member FINPIPE2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue02Member FINPIPE2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults01Member FINPIPE2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults02Member FINPIPE2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults01Member FINPIPE2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults02Member FINPIPE2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets01Member FINPIPE2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets02Member FINPIPE2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member FINPIPE2024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member FINPIPE2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member FINPIPE2024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 500940 FINPIPE NOTLISTED Finolex Industries Limited Equity 2023-04-01 2024-03-31 2024-05-10 2024-05-02 INR Crores Yearly 18:30:00 20:40:00 2024-05-10 2024-05-10 true Cash Flow Indirect Declaration of unmodified opinion Multi segment 2024-01-01 2024-03-31 Audited Standalone 12354200000.00 437900000.00 12792100000.00 6743500000.00 146200000.00 849300000.00 566700000.00 73100000.00 266800000.00 1959200000.00 10604800000.00 2187300000.00 0.00 2187300000.00 517100000.00 55900000.00 573000000.00 0.00 1614300000.00 0.00 0.00 0.00 0.00 1614300000.00 -1324700000.00 289600000.00 0.00 0.00 1236700000.00 2 2.61 2.61 0.00 0.00 2.61 2.61 4 The standalone and consolidated financial results of Finolex Industries Limited (the 'Holding Company') and its associate for the quarter and year ended March 31, 2024 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on May 10, 2024. The above results as at and for the year ended March 31, 2024 have been audited by the statutory auditors of the Holding Company. 5 These results have been prepared in accordance with the recognition and measurement principles laid down in the applicable Indian Accounting Standards prescribed under section 133 of the Companies Act, 2013 read with the Companies (Indian Accounting Standards) Rules, 2015 and other accounting principles generally accepted in India and are in compliance with the presentation and disclosure requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended). 6 The Holding Company has investment in two associates, Finolex Plasson Industries Private Limited and Pawas Port Limited. The Holding Company, using equity method as prescribed under Ind AS 28, ‘Investment in Associates and Joint Ventures’, duly consolidates its 46.35% holding in Finolex Plasson Industries Private Limited. However, the Holding Company does not consolidate its 49.99% equity stake (corresponding investment amounting Rs. 0.05 crore as at March 31, 2024 and March 31, 2023) in Pawas Port Limited since the associate company has not commenced operations and the same is not material to the Holding Company. 7 The Board of Directors have recommended final dividend of Rs. 2.50 (125%) per equity share of Rs. 2 each for the year ended March 31, 2024. The dividend is subject to the approval of the shareholders in the ensuing Annual General Meeting of the Holding Company. 8 Leasehold rights on land, admeasuring approximately 25.27 acres situated at Chinchwad, Pune, along with structures classified as ‘Assets held for sale’ as at March 31, 2024 has been subsequently transferred on April 2, 2024 and the Holding Company has recorded net gain of approximately Rs. 417.00 crores on the same. 9 The figures for the quarter ended March 31, 2024 and March 31, 2023 are the balancing figures between the audited figures in respect of the full financial year and the unaudited published figures up to nine months of the respective financial year. 10 Previous periods' / year's figures have been re-grouped wherever necessary, to conform to the current period's/year's classification. Multi segment 2023-04-01 2024-03-31 Audited Standalone 43174300000.00 1811100000.00 44985400000.00 27449200000.00 319900000.00 -400000000.00 2113900000.00 364500000.00 1160200000.00 7842800000.00 38850500000.00 6134900000.00 0.00 6134900000.00 1475800000.00 106100000.00 1581900000.00 0.00 4553000000.00 0.00 0.00 0.00 0.00 4553000000.00 3503900000.00 8056900000.00 0.00 0.00 1236700000.00 2 54141700000.00 7.36 7.36 0.00 0.00 7.36 7.36 Other Expenses 1959200000.00 Other Expenses 7842800000.00 10410800000.00 188700000.00 0.00 0.00 142900000.00 0.00 0.00 0.00 25506600000.00 0.00 200000.00 396500000.00 25903300000.00 214600000.00 394200000.00 37254500000.00 7280300000.00 19051500000.00 4576300000.00 21500000.00 295000000.00 168300000.00 17000000.00 24129600000.00 0.00 584000000.00 31993900000.00 28800000.00 0.00 69277200000.00 1236700000.00 54141700000.00 55378400000.00 55378400000.00 0.00 0.00 97400000.00 97400000.00 233000000.00 1997100000.00 536000000.00 0.00 2863500000.00 3819500000.00 2886400000.00 3461500000.00 10167400000.00 696500000.00 44700000.00 500000.00 126200000.00 11035300000.00 0.00 0.00 13898800000.00 69277200000.00 PVC pipes and fittings 11821800000.00 PVC resin 5074800000.00 PVC pipes and fittings 41851500000.00 PVC resin 14858100000.00 16896600000.00 56709600000.00 4542400000.00 13535300000.00 12354200000.00 43174300000.00 PVC pipes and fittings 1328100000.00 PVC resin 656300000.00 PVC pipes and fittings 4010900000.00 PVC resin 1200300000.00 1984400000.00 5211200000.00 73100000.00 364500000.00 -276000000.00 -1288200000.00 2187300000.00 6134900000.00 PVC pipes and fittings 14867500000.00 PVC resin 8041400000.00 22908900000.00 46368300000.00 69277200000.00 PVC pipes and fittings 3684100000.00 PVC resin 1305500000.00 4989600000.00 8909200000.00 13898800000.00 364500000.00 -548800000.00 -1600800000.00 0.00 21000000.00 0.00 66500000.00 8300000.00 0.00 7700000.00 0.00 183200000.00 0.00 1160200000.00 0.00 19500000.00 0.00 943400000.00 0.00 20500000.00 0.00 0.00 0.00 -567800000.00 0.00 -612300000.00 0.00 -121500000.00 0.00 -656400000.00 5478500000.00 -167200000.00 0.00 -330500000.00 1447800000.00 0.00 3533000000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3300000.00 863500000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 167200000.00 314400000.00 0.00 -451100000.00 0.00 -829700000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -1460300000.00 0.00 0.00 34400000.00 927500000.00 0.00 0.00 -345200000.00 -2767400000.00 -64100000.00 0.00 -64100000.00 85600000.00 21500000.00 -1491800000.00 4148300000.00 -167100000.00 644400000.00 0.00 0.00