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Fineotex Chemical Overview

Fineotex Chemical Ltd is a holding business enterprise. The Company is engaged in the business of manufacturing and trading of chemical substances. The Company operates through 2 segments: Speciality chemicals and Real estate Development. The Company is mainly engaged in the enterprise of producing of auxiliaries and speciality chemical substances. The Company offers various products, which consist of adhesives, construction-chemical compounds, and products for pre-treatment technique, dyeing process, printing method and finishing method. Its p...Read More

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Fineotex Chemical Key Financials

Market Cap ₹2668 Cr.

Stock P/E 24.4

P/B 2.8

Current Price ₹22.9

Book Value ₹ 8.3

Face Value 1

52W High ₹35.8

Dividend Yield 0.35%

52W Low ₹ 19

Fineotex Chemical Share Price

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Volume
Price

Fineotex Chemical Quarterly Price

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Fineotex Chemical Peer Comparison

Fineotex Chemical Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 145 138 153 142 146 126 120 137 138 184
Other Income 4 5 4 5 7 5 8 9 8 7
Total Income 149 143 157 147 153 131 127 146 145 190
Total Expenditure 107 98 115 107 109 92 98 112 107 149
Operating Profit 42 45 42 40 43 39 29 34 39 42
Interest 0 0 1 0 0 0 0 0 0 0
Depreciation 1 1 2 2 2 3 2 3 3 3
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 40 44 40 38 41 36 26 31 35 38
Provision for Tax 9 11 10 8 9 9 6 6 9 8
Profit After Tax 31 33 30 29 32 28 20 25 26 30
Adjustments -0 -0 -0 -0 -0 -0 -0 -0 -0 -4
Profit After Adjustments 31 33 30 29 32 28 20 25 26 26
Adjusted Earnings Per Share 0.3 0.3 0.3 0.3 0.3 0.2 0.2 0.2 0.2 0.2

Fineotex Chemical Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 102 110 127 141 182 196 219 368 517 569 533 579
Other Income 5 2 10 5 1 2 17 6 7 17 24 32
Total Income 107 112 137 146 183 198 236 374 524 586 558 608
Total Expenditure 85 82 98 111 148 162 178 297 404 421 406 466
Operating Profit 21 30 39 35 35 36 58 77 120 165 152 144
Interest 0 0 0 1 1 1 1 1 1 1 1 0
Depreciation 1 1 1 1 1 1 1 3 4 6 9 11
Exceptional Income / Expenses 0 0 0 0 0 -13 0 0 0 0 0 0
Profit Before Tax 20 29 38 34 34 22 56 73 115 158 141 130
Provision for Tax 6 9 9 10 9 8 11 16 25 37 32 29
Profit After Tax 15 20 29 24 24 14 45 57 90 121 109 101
Adjustments -2 -3 -3 -1 -2 -1 -2 -2 -1 -1 -1 -4
Profit After Adjustments 13 17 26 23 23 13 43 55 88 120 108 97
Adjusted Earnings Per Share 0.1 0.2 0.2 0.2 0.2 0.1 0.4 0.5 0.8 1.1 0.9 0.8

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -6% 13% 22% 18%
Operating Profit CAGR -8% 25% 33% 22%
PAT CAGR -10% 24% 51% 22%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -9% -2% 27% 22%
ROE Average 19% 26% 25% 22%
ROCE Average 24% 34% 32% 29%

Fineotex Chemical Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 76 91 112 136 159 170 209 262 349 447 731
Minority's Interest 5 5 7 6 6 6 7 7 7 6 8
Borrowings 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities -0 -0 -0 0 1 0 1 2 3 5 9
Total Current Liabilities 19 18 20 19 29 31 50 68 64 89 67
Total Liabilities 100 114 140 161 195 207 267 339 423 548 815
Fixed Assets 18 19 23 25 32 37 56 80 95 137 179
Other Non-Current Assets 37 45 58 63 54 55 46 28 104 125 375
Total Current Assets 45 50 59 65 101 108 158 225 217 279 254
Total Assets 100 114 140 161 195 207 267 339 423 548 815

Fineotex Chemical Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 12 9 9 7 4 17 23 21 29 30 56
Cash Flow from Operating Activities 14 14 19 6 12 28 9 13 107 97 69
Cash Flow from Investing Activities -12 -10 -11 -9 4 -19 -7 -1 -102 -46 -273
Cash Flow from Financing Activities -3 -1 -6 -4 -3 -4 -4 -6 -6 -24 176
Net Cash Inflow / Outflow -1 2 2 -7 13 5 -2 7 -1 27 -27
Closing Cash & Cash Equivalent 9 9 8 4 17 23 21 29 30 56 29

Fineotex Chemical Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.12 0.15 0.23 0.2 0.2 0.12 0.38 0.5 0.8 1.08 0.94
CEPS(Rs) 0.13 0.18 0.27 0.22 0.23 0.14 0.42 0.54 0.85 1.15 1.03
DPS(Rs) 0.01 0.02 0.01 0.02 0.01 0.01 0.03 0.04 0.08 0.16 0.08
Book NAV/Share(Rs) 0.68 0.81 1.01 1.22 1.43 1.52 1.89 2.37 3.15 4.03 6.38
Core EBITDA Margin(%) 15.22 23.69 21.94 20.97 18.89 17.72 18.57 19.34 21.78 26.08 23.85
EBIT Margin(%) 18.94 25.04 28.72 24.13 18.9 11.51 25.9 20.15 22.36 27.93 26.68
Pre Tax Margin(%) 18.64 24.71 28.43 23.73 18.45 11.19 25.57 19.9 22.21 27.69 26.48
PAT Margin (%) 13.47 16.88 21.63 16.77 13.35 7.29 20.39 15.45 17.32 21.27 20.48
Cash Profit Margin (%) 13.93 17.36 22.1 17.22 13.9 7.88 21.07 16.13 18.15 22.33 22.21
ROA(%) 15.55 18.42 22.94 15.95 13.68 7.12 18.79 18.76 23.5 24.93 16.03
ROE(%) 20.69 23.52 28.53 19.31 16.52 8.71 23.51 24.13 29.34 30.45 18.56
ROCE(%) 28.02 33.92 37.14 27.16 22.86 13.54 29.35 31.12 37.3 39.32 24.04
Receivable days 74.47 74.51 74.2 73 77.12 95.72 114.02 95.93 74.94 77.05 87.15
Inventory Days 36.81 34.19 33.42 43.71 46.22 42.92 41.63 43.79 37.73 31.24 39.21
Payable days 80.92 85.25 75.69 60.61 53.07 69.55 82.68 78.44 59.42 65.49 75.66
PER(x) 19.39 21.32 14.75 28.66 20.26 12.6 17.11 36.15 29.21 34.06 24.33
Price/Book(x) 3.28 3.98 3.38 4.79 2.87 0.97 3.48 7.61 7.4 9.14 3.6
Dividend Yield(%) 0.45 0.62 0.29 0.34 0.24 0.34 0.46 0.22 0.34 0.43 0.35
EV/Net Sales(x) 2.37 3.25 2.9 4.59 2.43 0.76 3.2 5.32 4.89 7.11 4.86
EV/Core EBITDA(x) 11.52 11.97 9.4 18.42 12.57 4.12 12.03 25.53 21.08 24.54 17.1
Net Sales Growth(%) 17.66 7.78 15.57 11.09 29.2 7.68 11.29 68.52 40.4 10.05 -6.26
EBIT Growth(%) 77.45 42.5 31.99 -10.65 -0.08 -34.45 150.48 31.14 55.8 37.43 -10.44
PAT Growth(%) 86.73 35.07 47.45 -17.55 1.53 -41.19 211.37 27.68 57.42 35.14 -9.76
EPS Growth(%) 98.65 31.95 52.79 -12.05 -0.76 -41.94 227.3 29.56 60.06 35.64 -12.69
Debt/Equity(x) 0.02 0.03 0.01 0.04 0.01 0.02 0.02 0.01 0.02 0.01 0
Current Ratio(x) 2.37 2.74 2.92 3.5 3.43 3.45 3.19 3.3 3.39 3.12 3.78
Quick Ratio(x) 1.82 2.1 2.27 2.36 2.58 2.78 2.61 2.42 2.65 2.56 2.82
Interest Cover(x) 62.81 75.28 98.77 60.58 41.37 35.85 78.16 80.38 140.91 119.35 133.14
Total Debt/Mcap(x) 0.01 0.01 0 0.01 0 0.02 0 0 0 0 0

Fineotex Chemical Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 65.03 65.03 64.46 62.88 62.86 62.88 62.88 62.88 62.57 62.3
FII 0.81 1.45 0.93 3.28 3.36 2.84 2.51 2.34 2.52 2.92
DII 3.69 3.7 3.68 3.63 3.61 3.71 3.17 1.63 1.28 1.27
Public 30.46 29.82 30.94 30.21 30.17 30.58 31.44 33.14 33.63 33.5
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Fineotex Chemical News

Fineotex Chemical Pros & Cons

Pros

  • Company has delivered good profit growth of 50% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 26%
  • Company is almost debt free.

Cons

  • Debtor days have increased from 65.49 to 75.66days.
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