Finolex Industries Ltd (NSE:FINPIPE)
₹ 268.45 -2.5 (-0.92%) Market Cap: 165.99 Bil Enterprise Value: 147.73 Bil PE Ratio: 20.70 PB Ratio: 2.45 GF Score: 91/100
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Q1 2022 Finolex Industries Ltd Earnings Call Transcript

Aug 02, 2021 / 05:30AM GMT
Release Date Price: ₹176.15 (-0.48%)
Ritesh Shah
Investec Bank plc, Research Division - Analyst

Thanks, Rutuja. We welcome you all to Finolex Q1 FY '22 Results Conference Call. We have with us from the management, Mr. Sanjay Math, Managing Director; and Mr. Anil Whabi, Director, Finance and CFO. I'll request the management for initial remarks, post which we'll have a Q&A session. Over to you, Mr. Math.

Sanjay S. Math
Finolex Industries Limited - MD & Whole-Time Director

Thank you, Ritesh, and good morning to all of you, ladies and gentlemen. I heartily welcome you on behalf of Finolex Industries Limited to this investor conference. Thank you for your continued interest in Finolex so far. We are happy to talk about the first quarter results FY '22.

The company has reported a good set of financials despite the overall business environment remaining subdued due to the second wave of the pandemic. After reaching all-time highs, the PVC prices seem to be cooling off, which is a positive sign for opening up of the market in months.

There has been improvement in all our

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