Finolex Industries vs Manika Plastech: Share Price, Valuation and Results Compared

Finolex Industries Ltd. (NSE: FINPIPE) and Manika Plastech Limited (NSE: MANIKA) are both listed in the Plastic and Synthetic Resins industry. Finolex Industries has a market capitalisation of ₹8,708 Cr and Manika Plastech ₹570 Cr, as of 9 Nov 2026. Their P/E ratios are 14.5 and 20.8 respectively.

Finolex Industries vs Manika Plastech — Key Figures

MetricFinolex IndustriesManika Plastech
NSE SymbolFINPIPEMANIKA
BSE Code500940544929
Share Price₹144.80₹49.70
Market Cap₹8,708 Cr₹570 Cr
P/E Ratio14.520.8
Return on Equity9.73%—
Return on Assets4.78%8.64%
Dividend Yield1.42%0.00%
Beta (1Y)0.615.58
1-Year Price Change-23.0%—
3-Month Price Change-10.2%—
52-Week Range₹137.00 – ₹200.40₹39.71 – ₹61.25
Latest QuarterQ2 FY27Q2 FY27
Quarterly Revenue₹1,094 Cr₹151 Cr
Quarterly Net Profit₹115 Cr₹10 Cr
Net Margin10.5%6.5%
EPS (Basic, Quarter)₹1.86₹1.00
Results Basisconsolidatedconsolidated
HeadquartersPune, MaharashtraMumbai, Maharashtra

The figures sit side by side and are not ranked. Quarterly figures are in ₹ crore, parsed from each company's exchange filing (XBRL); the two companies' latest quarters can differ.

About the Companies

Finolex Industries Ltd.

Finolex Industries Limited manufactures and sells polyvinyl chloride (PVC) pipes and fittings, and PVC resins in India. It operates in two segments, PVC Resin and PVC Pipes and Fittings. The company offers agriculture pipes and fittings; column pipes; casing pipes; and solvent cement and lubricants. It also provides plumbing and sanitation pipes and fitting, such as ASTM pipes and fittings; CPVC pipes and fittings; SWR pipes and fittings; sewerage pipes; and solvent cement, lubricant, and primer. The company distributes its products through dealers and retailers. Finolex Industries Limited was…

Manika Plastech Limited

Manika Plastech Limited manufactures and sell polymer packaging products in India. The company offers precision battery casings, injection moulded plastic pail buckets, thinwall containers, water bottles, and detergent containers. It also provides painting services for plastic automotive components. The company’s products are used in various industries applications, such as automotive, energy storage, railways, telecommunications, power back-up, paints, chemicals, coating, lubricants, agrochemicals, food, and dairy and edible food products. The company was incorporated in 1996 and is based in …

Frequently Asked Questions

Which is larger by market cap, Finolex Industries or Manika Plastech?

Finolex Industries has a market capitalisation of ₹8,708 Cr, against ₹570 Cr for Manika Plastech as of 9 Nov 2026, about 15.3 times the size by market cap.

What is the P/E ratio of Finolex Industries and Manika Plastech?

Finolex Industries has a P/E of 14.5 and Manika Plastech a P/E of 20.8 as of 9 Nov 2026.

What were the latest quarterly results of Finolex Industries and Manika Plastech?

Finolex Industries reported revenue of ₹1,094 Cr and net profit of ₹115 Cr for Q2 FY27. Manika Plastech reported revenue of ₹151 Cr and net profit of ₹10 Cr for Q2 FY27. Figures are parsed from each company's exchange filing.

Which industry are Finolex Industries and Manika Plastech in?

Both are classified under Commodity Chemicals > Plastic and Synthetic Resins on FinBizNet.

Is this comparison a recommendation to buy or sell Finolex Industries or Manika Plastech?

No. The page lays the two companies' published figures side by side and draws no conclusion from them. It is descriptive market data, not investment advice.

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Data as of 9 Nov 2026. Descriptive market data only — not investment advice.