Fineotex Chemical Ltd

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

Fineotex Chemical Ltd

₹ 396 0.67%
03 Jul 10:46 a.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 ₹ 4,387 Cr.
  • Current Price ₹ 396
  • High / Low ₹ 459 / 266
  • Stock P/E 36.6
  • Book Value ₹ 40.4
  • Dividend Yield 0.30 %
  • ROCE 38.7 %
  • ROE 30.1 %
  • Face Value ₹ 2.00
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 39.8% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 28.0%

Cons

  • Stock is trading at 9.75 times its book value
  • Promoter holding has decreased over last quarter: -0.57%

* 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

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
75 63 78 105 121 136 134 109 138 132 145 138 153
62 53 64 80 100 110 109 81 105 101 107 98 115
Operating Profit 13 10 15 25 22 26 25 29 33 32 38 40 38
OPM % 17% 16% 19% 24% 18% 19% 19% 26% 24% 24% 26% 29% 25%
3 3 1 1 0 1 2 2 2 4 4 5 4
Interest 0 0 0 0 0 0 0 0 0 0 0 0 1
Depreciation 0 0 1 1 1 1 1 1 1 1 1 1 2
Profit before tax 15 12 15 25 21 26 26 29 33 34 40 44 40
Tax % 21% 19% 28% 25% 18% 22% 21% 23% 22% 22% 22% 24% 24%
12 10 11 19 17 20 21 22 26 26 31 33 30
EPS in Rs 1.01 0.86 0.97 1.67 1.49 1.79 1.86 2.00 2.33 2.32 2.83 2.95 2.72
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Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
96 87 102 110 127 141 182 196 219 368 517 569
86 77 85 82 98 111 148 162 178 297 404 421
Operating Profit 10 9 16 28 29 30 34 35 41 71 113 148
OPM % 11% 11% 16% 26% 23% 21% 19% 18% 19% 19% 22% 26%
2 3 5 2 10 5 1 -11 17 6 7 17
Interest 1 0 0 0 0 1 1 1 1 1 1 1
Depreciation 0 0 0 1 1 1 1 1 1 3 4 6
Profit before tax 11 11 20 29 38 34 34 22 56 73 115 158
Tax % 27% 30% 28% 31% 24% 29% 28% 35% 20% 22% 22% 23%
8 8 15 20 29 24 24 14 45 57 90 121
EPS in Rs 0.63 0.58 1.15 1.56 2.32 2.04 2.02 1.18 3.85 4.98 7.97 10.82
Dividend Payout % 8% 9% 9% 13% 4% 10% 5% 4% 8% 8% 10% 4%
Compounded Sales Growth
10 Years: 21%
5 Years: 26%
3 Years: 38%
TTM: 10%
Compounded Profit Growth
10 Years: 35%
5 Years: 40%
3 Years: 41%
TTM: 36%
Stock Price CAGR
10 Years: 50%
5 Years: 63%
3 Years: 66%
1 Year: 32%
Return on Equity
10 Years: 23%
5 Years: 25%
3 Years: 28%
Last Year: 30%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 11 11 22 22 22 22 22 22 22 22 22 22
Reserves 47 54 54 69 90 113 137 147 187 240 327 425
6 4 2 3 1 5 2 3 3 2 7 5
17 19 23 20 26 21 34 35 54 75 67 96
Total Liabilities 82 88 101 114 140 161 195 208 267 339 423 548
12 14 18 19 27 29 36 41 59 84 99 141
CWIP 0 0 0 0 0 0 0 1 5 0 0 0
Investments 21 16 29 39 47 55 48 52 32 17 89 147
49 58 54 56 66 77 110 114 171 238 234 260
Total Assets 82 88 101 114 140 161 195 208 267 339 423 548

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
1 14 14 19 6 12 28 9 13 107 97
12 -14 -13 -14 -6 5 -19 -7 1 -99 -47
-4 -3 -1 -6 -4 -3 -4 -4 -6 -6 -24
Net Cash Flow 9 -3 -1 -1 -3 14 6 -2 8 1 27

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 64 92 80 84 84 72 98 100 138 110 72 89
Inventory Days 59 68 56 66 70 97 84 66 79 98 53 52
Days Payable 68 81 75 75 82 50 70 73 101 96 53 76
Cash Conversion Cycle 55 79 60 75 72 119 112 93 116 111 72 65
Working Capital Days 48 80 61 83 76 125 122 112 142 126 76 104
ROCE % 17% 15% 21% 31% 35% 26% 22% 20% 28% 30% 36%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024May 2024
64.82% 64.82% 64.82% 64.94% 64.97% 65.00% 65.04% 65.04% 65.04% 65.04% 65.03% 64.46%
1.48% 0.60% 0.25% 0.04% 1.02% 0.72% 0.71% 0.75% 0.72% 0.82% 1.45% 0.97%
6.14% 6.15% 6.15% 5.35% 4.01% 3.65% 3.65% 3.65% 3.86% 3.69% 3.70% 3.68%
27.55% 28.43% 28.78% 29.67% 29.99% 30.64% 30.62% 30.56% 30.39% 30.46% 29.83% 30.90%
No. of Shareholders 64,07763,04764,85172,1461,05,7101,10,8551,10,3121,13,4691,16,8011,16,0671,22,0951,25,460

* 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.

Documents

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