Fineotex Chemical Ltd

Fineotex Chem Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Fineotex Chemical Ltd

₹ 380 -0.09%
26 Apr 3:21 p.m.
fineotex.com BSE: 533333 NSE : FCL
About

Incorporated in 1979, Fineotex Chemicals Ltd is engaged in the business of manufacturing auxiliaries and specialty chemicals for textiles, construction, water treatment, fertilizer, leather, and paint industries[1]

Key Points

Business Segments[1]
Textile Chemical segment: Specialty chemicals producer with a focus on textiles
chemicals. Biotex Malaysia spearheads the R&D solutions, application research and product development.
Cleaning and Hygiene segment: Products such as floor cleaners, hand-washes, sanitizers, dishwashers, and toilet bowl cleaners are manufactured. The company offers customised solutions.

Website BSE NSE
  • Market Cap ₹ 4,209 Cr.
  • Current Price ₹ 380
  • High / Low ₹ 459 / 238
  • Stock P/E 45.4
  • Book Value ₹ 28.1
  • Dividend Yield 0.32 %
  • ROCE 27.3 %
  • ROE 21.2 %
  • Face Value ₹ 2.00
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Pros

  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 19.5% CAGR over last 5 years
  • Debtor days have improved from 121 to 90.3 days.
  • Company's median sales growth is 18.2% of last 10 years
  • Company's working capital requirements have reduced from 148 days to 99.1 days

Cons

  • Stock is trading at 13.4 times its book value

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Chemicals Industry: Chemicals

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
41 48 41 60 78 71 61 76 67 92 88 104 108
29 38 35 47 57 58 51 62 50 72 66 76 73
Operating Profit 12 10 7 13 21 12 10 14 18 19 22 28 35
OPM % 30% 21% 16% 22% 27% 18% 16% 19% 26% 21% 25% 27% 32%
5 2 3 2 1 1 5 2 2 2 7 8 4
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 1 1 1 1 1 1 1 1 1
Profit before tax 17 11 9 14 21 12 14 15 18 20 28 34 37
Tax % 28% 21% 20% 28% 26% 12% 19% 23% 26% 25% 20% 20% 26%
12 9 7 10 16 11 11 12 14 15 23 27 28
EPS in Rs 1.11 0.82 0.64 0.93 1.42 0.98 1.03 1.08 1.23 1.35 2.04 2.47 2.50
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Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
33 41 53 65 68 75 90 113 129 129 250 296 392
28 35 50 54 50 56 66 87 101 98 197 235 288
Operating Profit 6 5 4 11 19 19 24 25 28 31 53 61 104
OPM % 17% 13% 7% 17% 27% 25% 26% 22% 22% 24% 21% 21% 27%
2 2 5 5 4 10 8 1 -9 16 6 11 21
Interest 0 0 0 0 0 0 0 1 0 0 1 1 1
Depreciation 0 0 0 0 1 1 1 1 1 1 2 3 4
Profit before tax 7 7 8 15 22 28 30 25 17 45 57 68 120
Tax % 31% 26% 28% 27% 31% 24% 29% 31% 37% 20% 23% 23%
5 5 6 11 15 21 21 17 11 36 44 52 93
EPS in Rs 0.46 0.48 0.52 1.00 1.35 1.90 1.91 1.56 0.97 3.25 3.97 4.70 8.36
Dividend Payout % 11% 10% 10% 10% 15% 5% 10% 6% 5% 9% 10% 17%
Compounded Sales Growth
10 Years: 22%
5 Years: 27%
3 Years: 32%
TTM: 43%
Compounded Profit Growth
10 Years: 29%
5 Years: 20%
3 Years: 42%
TTM: 94%
Stock Price CAGR
10 Years: 60%
5 Years: 57%
3 Years: 75%
1 Year: 59%
Return on Equity
10 Years: 18%
5 Years: 19%
3 Years: 22%
Last Year: 21%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 11 11 11 22 22 22 22 22 22 22 22 22 22
Reserves 39 43 49 48 61 80 99 116 125 159 200 247 289
8 6 4 2 3 1 5 2 3 3 2 7 2
6 8 12 12 10 12 14 19 21 28 47 46 56
Total Liabilities 64 69 76 85 97 115 139 159 171 213 271 323 369
5 6 7 11 12 20 22 28 33 52 67 81 82
CWIP 0 0 0 0 0 0 0 0 0 3 0 0 0
Investments 28 29 25 39 48 56 64 58 62 43 28 76 115
31 33 44 36 37 39 54 73 76 115 176 165 172
Total Assets 64 69 76 85 97 115 139 159 171 213 271 323 369

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
3 1 -1 8 9 11 9 3 22 -1 13 66
-9 2 5 -5 -6 -5 -8 4 -17 -6 7 -69
6 -3 -4 -3 -2 -6 -2 -1 -2 -3 -4 -5
Net Cash Flow -0 0 0 1 1 -1 -2 6 3 -10 17 -7

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 95 102 117 95 102 98 90 112 111 163 110 90
Inventory Days 40 52 55 40 54 71 97 86 68 121 127 80
Days Payable 77 89 102 80 91 109 92 93 94 133 109 85
Cash Conversion Cycle 57 65 69 54 64 60 94 105 85 152 128 86
Working Capital Days 61 52 86 60 86 84 124 145 128 198 145 99
ROCE % 15% 11% 11% 17% 27% 30% 27% 19% 21% 27% 28% 27%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
64.82% 64.82% 64.82% 64.82% 64.94% 64.97% 65.00% 65.04% 65.04% 65.04% 65.04% 65.03%
0.00% 1.48% 0.60% 0.25% 0.04% 1.02% 0.72% 0.71% 0.75% 0.72% 0.82% 1.45%
6.15% 6.14% 6.15% 6.15% 5.35% 4.01% 3.65% 3.65% 3.65% 3.86% 3.69% 3.70%
29.03% 27.55% 28.43% 28.78% 29.67% 29.99% 30.64% 30.62% 30.56% 30.39% 30.46% 29.83%
No. of Shareholders 47,82764,07763,04764,85172,1461,05,7101,10,8551,10,3121,13,4691,16,8011,16,0671,22,095

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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