Fineotex Chemical Ltd
NSE: FCL BSE: 533333Infra
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]
₹30
52W: ₹19 — ₹35.8
PE 38 · Book ₹6.48 · +363% vs bookMarket Cap₹3,492 Cr
Stock P/E38Price to Earnings
ROCE16.5%Return on Capital
ROE13.3%Return on Equity
Div. Yield0.29%Face Value ₹1
Strengths
- +Company has reduced debt.
- +Company is almost debt free.
- +Company has delivered good profit growth of 20.6% CAGR over last 5 years
- +Company's median sales growth is 16.3% of last 10 years
Weaknesses
- −Earnings include an other income of Rs.41.1 Cr.
- −Working capital days have increased from 114 days to 164 days
Shareholding Pattern
Promoters62.3%
FIIs2.92%
DIIs1.27%
Public33.5%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 64.46% | 62.88%▼1.6 | 62.87%▼0.0 | 62.88%▲0.0 | 62.89%▲0.0 | 62.89% | 62.57%▼0.3 | 62.3%▼0.3 |
| FIIs | 0.92% | 3.28%▲2.4 | 3.36%▲0.1 | 2.84%▼0.5 | 2.51%▼0.3 | 2.35%▼0.2 | 2.53%▲0.2 | 2.92%▲0.4 |
| DIIs | 3.68% | 3.63%▼0.1 | 3.61%▼0.0 | 3.71%▲0.1 | 3.17%▼0.5 | 1.63%▼1.5 | 1.28%▼0.3 | 1.27%▼0.0 |
| Public | 30.93% | 30.2%▼0.7 | 30.17%▼0.0 | 30.58%▲0.4 | 31.44%▲0.9 | 33.13%▲1.7 | 33.62%▲0.5 | 33.5%▼0.1 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 108 | 118 | 107 | 115 | 109 | 108 | 98 | 105 | 96 | 98 |
| Expenses | 73 | 90 | 80 | 86 | 80 | 88 | 81 | 81 | 75 | 78 |
| Operating Profit | 35 | 29 | 26 | 30 | 30 | 20 | 17 | 23 | 22 | 19 |
| OPM % | 32% | 24% | 25% | 26% | 27% | 19% | 17% | 22% | 23% | 20% |
| Net Profit | 28 | 33 | 22 | 31 | 24 | 19 | 20 | 25 | 26 | 21 |
| EPS ₹ | 0.25 | 0.3 | 0.2 | 0.27 | 0.21 | 0.17 | 0.17 | 0.22 | 0.22 | 0.18 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹397Cr, down 9.6% YoY. OPM at 20%.
Debt Position
Borrowings at ₹0Cr. Debt-to-equity ratio: 0.00x. Healthy balance sheet.
Institutional Flow
DIIs: 1.27% (-2.38pp change). FIIs: 2.92% (+2.17pp change). Promoters hold 62.3%.
Margin & Efficiency
ROCE declining from 17% (Mar 2015) to 16% (Mar 2026). Working capital days: 164.
Valuation
PE 38x with 16.5% ROCE. Price is 363% above book value of ₹6.48. Dividend yield: 0.29%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Investor Presentation 1d - Investor Presentation for the financial result of the company for the quarter and year ended March 31, 2026
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 1d - Q4 FY26 revenue ₹313.73 crore, PAT ₹43.79 crore; new Midland facility doubles CrudeChem capacity.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 1d - Newspaper Publicatio of Annual Audited Financial Statement for the quarter and year ended March 31, 2026
- Announcement under Regulation 30 (LODR)-Monitoring Agency Report 2d - ICRA monitoring report for Q4/FY2026 finds no material deviation in preferential issue proceeds use.
- Announcement under Regulation 30 (LODR)-Monitoring Agency Report 2d - ICRA final report says Fineotex’s FY26 preferential issue proceeds showed no material deviation.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse