Fineotex Chemical Ltd

Fineotex Chemical Ltd

₹ 33.2 5.22%
22 May - close price
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

Product Offerings[1]
The company manufactures over 470 specialty chemicals and enzymes catering to textiles, garments, construction, leather, water treatment, agrochemicals, adhesives and other industries across ~70 countries. The Company is a leading manufacturer of textile specialty and performance chemicals, offering products across the pre-treatment, dyeing, printing and finishing value chain. It has also expanded into the health and hygiene segment, including detergent and handwash products.

  • Market Cap 3,871 Cr.
  • Current Price 33.2
  • High / Low 35.8 / 19.0
  • Stock P/E 35.6
  • Book Value 7.58
  • Dividend Yield 0.24 %
  • ROCE 18.3 %
  • ROE 13.5 %
  • Face Value 1.00

Pros

  • Company is almost debt free.
  • Company is expected to give good quarter

Cons

  • Debtor days have increased from 102 to 137 days.

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
138 132 145 138 153 142 146 126 120 137 138 184 314
105 101 107 98 115 107 109 92 99 112 107 149 270
Operating Profit 33 32 38 40 38 35 36 34 21 25 31 35 44
OPM % 24% 24% 26% 29% 25% 25% 25% 27% 18% 18% 23% 19% 14%
2 4 4 5 4 5 7 5 8 9 8 7 9
Interest 0 0 0 0 1 0 0 0 0 0 0 0 1
Depreciation 1 1 1 1 2 2 2 3 2 3 3 3 4
Profit before tax 33 34 40 44 40 38 41 36 26 31 35 38 48
Tax % 22% 22% 22% 24% 24% 22% 21% 24% 24% 21% 26% 21% 9%
26 26 31 33 30 29 32 28 20 25 26 30 44
EPS in Rs 0.23 0.23 0.28 0.29 0.27 0.26 0.28 0.24 0.17 0.22 0.23 0.23 0.27
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Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
102 110 127 141 182 196 219 368 517 569 533 772
85 82 98 111 148 162 178 297 404 421 406 637
Operating Profit 16 28 29 30 34 35 41 71 113 148 127 135
OPM % 16% 26% 23% 21% 19% 18% 19% 19% 22% 26% 24% 17%
5 2 10 5 1 -11 17 6 7 17 24 33
Interest 0 0 0 1 1 1 1 1 1 1 1 1
Depreciation 0 1 1 1 1 1 1 3 4 6 9 13
Profit before tax 20 29 38 34 34 22 56 73 115 158 141 153
Tax % 28% 31% 24% 29% 28% 35% 20% 22% 22% 23% 23% 18%
15 20 29 24 24 14 45 57 90 121 109 125
EPS in Rs 0.11 0.16 0.23 0.20 0.20 0.12 0.38 0.50 0.80 1.08 0.94 0.93
Dividend Payout % 9% 13% 4% 10% 5% 4% 8% 8% 10% 15% 8% 3%
Compounded Sales Growth
10 Years: 22%
5 Years: 29%
3 Years: 14%
TTM: 45%
Compounded Profit Growth
10 Years: 20%
5 Years: 21%
3 Years: 7%
TTM: 1%
Stock Price CAGR
10 Years: 27%
5 Years: 32%
3 Years: 4%
1 Year: 41%
Return on Equity
10 Years: 20%
5 Years: 21%
3 Years: 19%
Last Year: 13%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 22 22 22 22 22 22 22 22 22 22 23 116
Reserves 54 69 90 113 137 147 187 240 327 425 708 766
2 3 1 5 2 3 3 2 7 5 0 8
23 20 26 21 34 35 54 75 67 96 83 269
Total Liabilities 101 114 140 161 195 208 267 339 423 548 815 1,159
18 19 27 29 36 41 59 84 99 141 179 278
CWIP 0 -0 -0 0 0 1 5 -0 0 -0 21 2
Investments 29 39 47 55 48 52 32 17 89 147 330 317
54 56 66 77 110 114 171 238 234 260 284 562
Total Assets 101 114 140 161 195 208 267 339 423 548 815 1,159

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
14 14 19 6 12 28 9 13 107 97 69 -24
-14 -13 -14 -6 5 -19 -7 1 -99 -47 -273 105
-3 -1 -6 -4 -3 -4 -4 -6 -6 -24 176 -63
Net Cash Flow -3 -1 -1 -3 14 6 -2 8 1 26 -27 19
Free Cash Flow 8 12 14 4 4 22 -15 -9 88 49 1 -49
CFO/OP 109% 84% 104% 52% 63% 104% 46% 43% 119% 92% 77% -0%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 80 84 84 72 98 100 138 110 72 89 79 137
Inventory Days 56 66 70 97 84 66 79 98 53 55 75 109
Days Payable 75 75 82 50 70 73 101 96 53 79 66 114
Cash Conversion Cycle 60 75 72 119 112 93 116 111 72 64 88 133
Working Capital Days 58 73 73 114 118 107 136 125 71 76 104 153
ROCE % 21% 31% 35% 26% 22% 20% 28% 30% 36% 39% 24% 18%

Insights

In beta
Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Employee Count
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Market Reach (Countries)
Count
Sales Volume
MT
Installed Production Capacity
MTPA
Total SKUs
Count
Number of Dealers/Distributors
Count

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Shareholding Pattern

Numbers in percentages

14 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
65.04% 65.04% 65.04% 65.03% 64.46% 62.88% 62.87% 62.88% 62.89% 62.89% 62.57% 62.30%
0.75% 0.72% 0.82% 1.45% 0.92% 3.28% 3.36% 2.84% 2.51% 2.35% 2.53% 2.92%
3.65% 3.86% 3.69% 3.70% 3.68% 3.63% 3.61% 3.71% 3.17% 1.63% 1.28% 1.27%
30.56% 30.39% 30.46% 29.83% 30.93% 30.20% 30.17% 30.58% 31.44% 33.13% 33.62% 33.50%
No. of Shareholders 1,13,4691,16,8011,16,0671,22,0951,26,6731,28,2681,29,0681,33,8991,36,8421,46,5221,64,4661,62,276

* 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.

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