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    Chemicals - Specialty
Fineotex Chemical Limited

Fineotex Chemical Limited

FCL.BO
Fineotex Chemical LimitedIN flagBombay Stock Exchange
37.26
INR
-0.21
- -
4.27BMarket Cap
Fineotex Chemical Limited
FCL.BO
(Bombay Stock Exchange)

Recent

price

37.26

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
0.25
7.11
8.54
7.72
9.08
9.79
1.13
12.58
16.26
17.5
19.57
33.11
46.57
51.25
4.73
- -
9.95
Revenue per Share
0.04
0.53
0.63
0.58
1.15
1.52
0.23
2.04
2.02
1.17
3.84
4.98
7.97
10.82
0.96
- -
1.4
Basic EPS, GAAP
0.02
0.14
0.14
0.04
0.75
1.08
0.13
0.54
1.08
1.98
-1.35
-0.82
7.93
4.44
0.02
- -
- -
Free Cash Flow per Basic Share
0.01
0.06
0.05
0.05
0.05
0.3
0.01
0.31
0.23
0.29
0.12
0.45
0.53
2.04
0.08
- -
- -
Dividend per Share
0.1
2.5
3.08
3.55
5.56
7.15
0.94
11.25
13.27
14.3
18.11
22.83
30.4
40.84
4.9
- -
1.5
Book Value per Share
0.41
4.37
5.01
5.6
6.73
8.13
1.02
12.2
14.23
15.26
18.92
23.77
31.56
39.27
6.39
- -
11.15
Tangible Book Value per Share
1,123
112
112
112
112
112
1,113
111
111
111
111
111
111
111
1,127
- -
776
Basic Weighted Avg Shares
282
798
959
867
1,020
1,099
1,258
1,400
1,809
1,948
2,172
3,667
5,157
5,676
5,333
7,722
7,722
Sales/Revenue/Turnover
22.41
8.97
9.54
10.4
15.7
25.7
23.19
21.72
18.48
17.26
18.31
18.87
21.09
25.11
22.13
15.71
15.71
Operating Margin (%)
1
6
4
8
12
6
6
7
10
12
15
25
43
60
92
134
134
Depreciation Expense
42
60
70
65
129
170
258
227
225
131
426
552
883
1,198
1,082
1,088
1,088
Net Income, GAAP
32.89
27.75
27.14
29.99
27.74
31.18
23.93
29.35
27.65
34.84
20.24
22.38
21.99
23.19
22.68
18.31
18.31
Effective Tax Rate (%)
15.04
7.52
7.34
7.5
12.66
15.5
20.51
16.21
12.45
6.71
19.61
15.05
17.12
21.11
20.29
14.08
14.08
Profit Margin (%)
384
429
450
473
261
316
386
536
788
841
1,160
1,637
1,601
1,964
1,938
3,698
3,698
Working Capital
1
56
33
7
- -
- -
- -
2
1
- -
- -
- -
- -
- -
- -
38
38
LT Debt
463
544
616
690
817
974
1,197
1,419
1,645
1,760
2,161
2,694
3,557
4,536
7,389
9,397
9,397
Total Equity
13.82
9.69
10.62
9.35
15.18
21.05
19.93
16.06
15.43
12.66
15.9
21.88
26.75
26.64
15.23
11.73
11.73
Return on Invested Capital (%)
46.4
25.42
15.3
12.41
19.93
18.32
22.55
17.33
14.39
7.36
21.47
22.69
28.46
29.17
21.1
25.23
25.23
Return on Capital (%)
46.56
30.55
22.48
17.48
25.26
23.88
27.9
19.74
16.51
8.52
23.65
24.32
29.96
30.37
21.54
32.52
32.52
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
44
LT Borrowings
- -
- -
38
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,146
- -
1,165
Market Capitalization
22,005
20,863
14,875

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
3,133
- -
5,751
Cash, Cash Equivalents & STI
641
- -
745
Accounts Receivable, Net
1,324
- -
2,903
Inventories
819
- -
1,546
Total Current Liabilities
781
- -
2,053
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
44
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
26.14%
34.86%
27.18%
Free Cash Flow
-411.77%
-818.79%
-2,852.95%
Net Income, GAAP
33.85%
23.22%
0.5%
Sales/Revenue/Turnover
23.24%
31.66%
44.79%
Total Cash Common Dividend
60.97%
113.48%
52.49%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,322
1,453
1,385
1,516
5,676
2025
1,419
1,457
1,259
1,198
5,333
2026
1,371
1,377
1,837
3,137
7,722

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.32
2.83
2.95
- -
10.82
2025
2.56
2.8
0.24
0.18
0.96
2026
2.18
0.23
0.26
0.38
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2.04
2025
- -
- -
- -
- -
0.08
2026
- -
- -
- -
- -
- -
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Business
Fineotex Chemical Limited is an India-based multinational company specializing in the manufacture of specialty performance chemicals and enzymes primarily for the textile and garment industry, as well as chemicals for water treatment, construction, fertilizer, leather, paint, cleaning and hygiene, and oil and gas sectors. The company offers a comprehensive product portfolio exceeding 470 products, including specialty textile chemicals for pretreatment, dyeing, printing, and finishing processes; water-based and oil-based drilling fluid chemicals; cleaning and hygiene products such as disinfectants, hand washes, sanitizers, dishwashers, and toilet cleaners; and polymers for water treatment under the Diquest brand. Fineotex also supplies specialty chemicals such as corrosion inhibitors, biocides, surfactants, and various additives used in industrial applications. The company operates manufacturing facilities in Navi Mumbai and Ambernath, India, and Selangor, Malaysia, serving approximately 69 countries globally. Founded in 1979 and headquartered in Mumbai, Fineotex Chemical Limited went public in 2007, with listings on the Bombay Stock Exchange and the National Stock Exchange of India. In terms of recent developments, Fineotex Chemical Limited successfully exercised warrants on a preferential basis in November 2025, raising capital with significant participation from promoter and non-promoter investors to strengthen working capital and support potential acquisitions. This move highlights the promoter group's strong confidence in the company’s operational capabilities and growth strategy. Additionally, the company recently issued a 4:1 bonus share and a 1:2 stock split during the fiscal year 2025, reflecting robust business momentum and shareholder value enhancement measures. Fineotex continues to expand its presence in both domestic and international markets with a focus on sustainable and technology-driven specialty chemical solutions for various industrial segments. Overall, Fineotex Chemical Limited is a leading specialty chemicals manufacturer with a diverse product base geared to serve the textile, water treatment, oil and gas, construction, and hygiene industries, backed by strategic capital raising and operational initiatives to boost growth and market competitiveness.