Finolex Plans to Invest INR 150 Crore, Expand Capacity by 50,000 Tonnes

Finolex will increase its capacity by around 25,000 tonnes in this Q4 FY ’25, while the remaining 25,000 tonnes will be added by Q1 FY ’26. 

Mar 5, 2025

Finolex Industries Limited, a backward integrated manufacturer of PVC pipes and fittings in India, has announced to invest INR 100-150 crore in the next two years, to increase its capacity by 50,000 tonnes.

This information was shared by Mr. Saurabh Sarvottam Dhanorkar, Managing Director of Finolex Industries Limited, during Q3 the FY ’25 earnings conference call.

Answering a query, Mr Dhanorkar said the company planned to add 50,000 tonnes to its current capacity in the next two years.

Out of this 50,000 tonnes expansion at current locations, about 45 percent or roughly 25,000 tonnes would come in this quarter, Q4 FY ’25, while the remaining 25,000 tonnes would be done by Q1 FY ’26, he added. 


Also Read: APL Apollo Pipes Increases Stake in Subsidiary Kisan Mouldings


As per Mr. Chandan Verma, Chief Financial Officer, Finolex Industries Limited, post this expansion, Finolex’s pipe capacity would reach 470,000 tonnes and the fitting capacity would reach 50,000 tonnes. The company would enhance its overall capacity from current 470,000 tonnes to 520,000 tonnes.

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