This chemical stock nosedived 11 percent on Wednesday after reporting financial struggles during this year. In this article, we will look at the financial performance of this company.
With a market capitalization of Rs 2,637 crores, the shares of Fineotex Chemical Ltd are currently trading at Rs 230 per share, down by 47.6 percent from its 52-week high of Rs 439 per share.
Financial Highlights
Fineotex Chemical reported a consolidated revenue of Rs 533 crores in FY25, down 6.33 percent from Rs 569 crores in FY24. Additionally, on a year-on-year basis, revenue declined 21.57 percent to Rs 120 crores in Q4 FY25 from Rs 153 crores in Q4 FY24. On a quarterly basis, revenue declined by 4.76 percent from Rs 126 crores.
It reported a net profit of Rs 109 crores in FY25, down 9.92 percent from Rs 121 crores in FY24. On a year-on-year basis, net profit declined 33.33 percent to Rs 20 crores in Q4 FY25 from Rs 30 crores in Q4 FY24. On a quarterly basis, net profit declined by 28.57 percent from Rs 28 crores. Additionally, the company has announced a final dividend of Rs 0.40 per equity share, subject to the approval of members at the ensuing Annual General Meeting.
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About the company
Fineotex Chemical Ltd is a prominent Indian multinational with operations in specialty performance chemicals. Fineotex Chemical offers sustainable technology-driven solutions to a variety of sectors including textiles, homecare, water treatment, and oil & gas. Fineotex has manufacturing units in Ambernath, Navi Mumbai, and in Selangor (Malaysia) and expects another plant in the coming months.
Fineotex operates in 69 countries with a total of 102 distributors. The company has an NABL-accredited R&D laboratory specializing in local innovation and sustainable, environmentally friendly solutions specifically for global constraints and demands.
Written by Satyajeet Mukherjee
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