Announcement • Jul 16
Fineotex Chemical Limited to Report Q1, 2027 Results on Jul 23, 2026 Fineotex Chemical Limited announced that they will report Q1, 2027 results on Jul 23, 2026 Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹44.83, the stock trades at a trailing P/E ratio of 48x. Average trailing P/E is 21x in the Chemicals industry in India. Total returns to shareholders of 49% over the past three years. Valuation Update With 7 Day Price Move • May 22
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to ₹33.24, the stock trades at a trailing P/E ratio of 35.6x. Average trailing P/E is 22x in the Chemicals industry in India. Total returns to shareholders of 12% over the past three years. New Risk • May 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.9% average weekly change). Profit margins are more than 30% lower than last year (14% net profit margin). Reported Earnings • May 18
Full year 2026 earnings: EPS and revenues exceed analyst expectations Full year 2026 results: EPS: ₹1.09 (up from ₹0.95 in FY 2025). Revenue: ₹8.05b (up 51% from FY 2025). Net income: ₹1.09b (flat on FY 2025). Profit margin: 14% (down from 20% in FY 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 36%. Earnings per share (EPS) also surpassed analyst estimates by 21%. Revenue is forecast to stay flat during the next 2 years compared to a 12% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • May 07
Fineotex Chemical Limited to Report Q4, 2026 Results on May 15, 2026 Fineotex Chemical Limited announced that they will report Q4, 2026 results on May 15, 2026 Valuation Update With 7 Day Price Move • May 07
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹27.75, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 30x in the Chemicals industry in India. Total returns to shareholders of 8.8% over the past three years. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹22.33, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 26x in the Chemicals industry in India. Total loss to shareholders of 8.3% over the past three years. Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: ₹0.26 (vs ₹0.24 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.26. Revenue: ₹1.90b (up 51% from 3Q 2025). Net income: ₹263.5m (down 4.7% from 3Q 2025). Profit margin: 14% (down from 22% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Chemicals industry in India. Announcement • Feb 05
Fineotex Chemical Limited to Report Q3, 2026 Results on Feb 13, 2026 Fineotex Chemical Limited announced that they will report Q3, 2026 results at 12:08 PM, Indian Standard Time on Feb 13, 2026 Reported Earnings • Nov 16
Second quarter 2026 earnings released: EPS: ₹2.27 (vs ₹0.28 in 2Q 2025) Second quarter 2026 results: EPS: ₹2.27. Revenue: ₹1.45b (flat on 2Q 2025). Net income: ₹259.9m (down 18% from 2Q 2025). Profit margin: 18% (down from 22% in 2Q 2025). Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Chemicals industry in India. Announcement • Nov 11
Fineotex Chemical Limited to Report Q2, 2026 Results on Nov 14, 2025 Fineotex Chemical Limited announced that they will report Q2, 2026 results on Nov 14, 2025 New Risk • Oct 31
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 4.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (4.4% average weekly change). Valuation Update With 7 Day Price Move • Oct 31
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹29.80, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 28x in the Chemicals industry in India. Total loss to shareholders of 11% over the past three years. Announcement • Sep 27
Fineotex Chemical Limited Proposes Interim Dividend, Payable on October 25, 2025 Fineotex Chemical Limited proposed interim dividend of 40% that is INR 0.80/- (Rupees Eighty Paise Only) per equity share of face value of INR 2/- each. Record date: October 03, 2025; Payment Date: October 25, 2025. Upcoming Dividend • Sep 05
Upcoming dividend of ₹0.40 per share Eligible shareholders must have bought the stock before 12 September 2025. Payment date: 30 September 2025. Payout ratio is a comfortable 8.4% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (0.7%). Declared Dividend • Aug 14
Dividend of ₹0.40 announced Dividend of ₹0.40 is the same as last year. Ex-date: 12th September 2025 Payment date: 30th September 2025 Dividend yield will be 0.3%, which is lower than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (8% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 23% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 23% over the next year, which should provide support to the dividend and adequate earnings cover. Announcement • Aug 13
Fineotex Chemical Limited, Annual General Meeting, Sep 19, 2025 Fineotex Chemical Limited, Annual General Meeting, Sep 19, 2025, at 17:00 Indian Standard Time. Reported Earnings • Aug 13
First quarter 2026 earnings released: EPS: ₹2.18 (vs ₹2.56 in 1Q 2025) First quarter 2026 results: EPS: ₹2.18 (down from ₹2.56 in 1Q 2025). Revenue: ₹1.46b (up 3.0% from 1Q 2025). Net income: ₹248.1m (down 14% from 1Q 2025). Profit margin: 17% (down from 20% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Aug 05
Fineotex Chemical Limited to Report Q1, 2026 Results on Aug 12, 2025 Fineotex Chemical Limited announced that they will report Q1, 2026 results on Aug 12, 2025 New Risk • May 28
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • May 22
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: ₹9.53 (down from ₹10.82 in FY 2024). Revenue: ₹5.58b (down 2.0% from FY 2024). Net income: ₹1.08b (down 9.7% from FY 2024). Profit margin: 19% (down from 21% in FY 2024). Revenue missed analyst estimates by 9.5%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹265, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 30x in the Chemicals industry in India. Total returns to shareholders of 48% over the past three years. Announcement • May 13
Fineotex Chemical Limited to Report Q4, 2025 Results on May 20, 2025 Fineotex Chemical Limited announced that they will report Q4, 2025 results on May 20, 2025 Announcement • Feb 15
Fineotex Chemical's Product Based on Azadirachtin Secures Government Approval for Revolutionary Public Health (Mosquito Control) Application Fineotex Chemical Limited has announced that its revolutionary biotechnology-based mosquito control solution, AquaStrike Premium (formulation based on Azadirachtin), through its wholly owned subsidiary FSPL Private Limited has received approval from the Central Insecticide Board, Government of India for technical import and formulation under Insecticides Act, 1968. The approval strengthens FCL's commitment to public health and environmental sustainability in India. This milestone underscores the product's effectiveness as a non-toxic, eco-friendly, and highly efficient alternative to conventional mosquito control methods and also lead to water preservation. Developed in Malaysia with European design engineering, the product Aquastrike Premium has undergone rigorous testing in WHO-approved laboratories and holds multiple international certifications. Unlike traditional insecticides, this odorless and invisible liquid solution is simply sprinkled onto water surfaces, eliminating the need for gaseous spraying. Its innovative formulation not only eradicates mosquito larvae but also preserves water quality, making it a cost-effective and sustainable alternative to chemical-based insecticides. It has received multiple international approvals, including recognition from the Ministry of Health in Malaysia, a Non-Pesticide classification by the Malaysian Pesticide Board and is also approved by Singapore's Public Utility Board. With this approval, the company is set to redefine mosquito control strategies in India, offering a powerful, safe, and sustainable approach to tackling vector-borne diseases. Fineotex Chemical Limited will work closely with government agencies, NGOs, and healthcare organizations to implement large- scale mosquito control programs, contributing to a healthier and safer future for India. Declared Dividend • Feb 14
Dividend reduced to ₹0.40 Dividend of ₹0.40 is 67% lower than last year. Ex-date: 18th February 2025 Payment date: 14th March 2025 Dividend yield will be 0.3%, which is lower than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (8% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 23% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 32% over the next year, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 13
Third quarter 2025 earnings released: EPS: ₹2.43 (vs ₹2.95 in 3Q 2024) Third quarter 2025 results: EPS: ₹2.43 (down from ₹2.95 in 3Q 2024). Revenue: ₹1.31b (down 5.5% from 3Q 2024). Net income: ₹276.3m (down 15% from 3Q 2024). Profit margin: 21% (down from 24% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Announcement • Feb 13
Fineotex Chemical Limited Approves Interim Dividend, Payable on or Before March 14, 2025 Fineotex Chemical Limited's board approved Interim Dividend of INR 0.40/- per equity share aggregating to INR 4.58 Crores. The record date to determine the names of members eligible for receipt of an interim dividend will be February 18, 2025 and the dividend will be paid on or before March 14, 2025. Announcement • Feb 04
Fineotex Chemical Limited to Report Q3, 2025 Results on Feb 12, 2025 Fineotex Chemical Limited announced that they will report Q3, 2025 results on Feb 12, 2025 Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹336, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 28x in the Chemicals industry in India. Total returns to shareholders of 129% over the past three years. Reported Earnings • Nov 15
Second quarter 2025 earnings released: EPS: ₹2.80 (vs ₹2.83 in 2Q 2024) Second quarter 2025 results: EPS: ₹2.80. Revenue: ₹1.53b (up 5.1% from 2Q 2024). Net income: ₹318.5m (up 1.6% from 2Q 2024). Profit margin: 21% (in line with 2Q 2024). Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Chemicals industry in India. Announcement • Nov 06
Fineotex Chemical Limited to Report Q2, 2025 Results on Nov 13, 2024 Fineotex Chemical Limited announced that they will report Q2, 2025 results on Nov 13, 2024 Announcement • Sep 13
Fineotex Chemical Limited Approves Appointment of Amit Prabhakar Pratap as an Independent Director Fineotex Chemical Limited at its AGM held on September 10, 2024, approved appointment of Dr. Amit Prabhakar Pratap as an Independent Director of the company. Announcement • Sep 12
Fineotex Chemical Limited Appoints Amit Prabhakar Pratap as an Independent Director of the Company Fineotex Chemical Limited at its AGM held on September 10, 2024, approved to appoint Dr. Amit Prabhakar Pratap as an Independent Director of the Company. Upcoming Dividend • Aug 27
Upcoming dividend of ₹0.40 per share Eligible shareholders must have bought the stock before 03 September 2024. Payment date: 30 September 2024. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of Indian dividend payers (1.1%). Lower than average of industry peers (0.6%). Announcement • Aug 14
Fineotex Chemical Limited, Annual General Meeting, Sep 10, 2024 Fineotex Chemical Limited, Annual General Meeting, Sep 10, 2024, at 17:00 Indian Standard Time. Price Target Changed • Aug 14
Price target decreased by 7.7% to ₹529 Down from ₹573, the current price target is provided by 1 analyst. New target price is 50% above last closing price of ₹352. Stock is up 23% over the past year. The company is forecast to post earnings per share of ₹13.67 for next year compared to ₹10.82 last year. Declared Dividend • Aug 12
Dividend of ₹0.40 announced Shareholders will receive a dividend of ₹0.40. Ex-date: 3rd September 2024 Payment date: 30th September 2024 Dividend yield will be 0.4%, which is lower than the industry average of 0.8%. Sustainability & Growth Dividend is well covered by both earnings (15% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 36% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 31% over the next year, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 10
First quarter 2025 earnings released: EPS: ₹2.56 (vs ₹2.32 in 1Q 2024) First quarter 2025 results: EPS: ₹2.56 (up from ₹2.32 in 1Q 2024). Revenue: ₹1.47b (up 11% from 1Q 2024). Net income: ₹287.5m (up 12% from 1Q 2024). Profit margin: 20% (in line with 1Q 2024). Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 03
Fineotex Chemical Limited to Report Q1, 2025 Results on Aug 09, 2024 Fineotex Chemical Limited announced that they will report Q1, 2025 results on Aug 09, 2024 New Risk • Jun 08
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (3.4% increase in shares outstanding). New Risk • Jun 02
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risk Shareholders have been diluted in the past year (3.4% increase in shares outstanding). Announcement • May 30
Fineotex Chemical Limited Recommends Final Dividend for the Fiscal Year 2024 Fineotex Chemical Limited at its Board Meeting held on May 28, 2024 has recommended a final dividend for the fiscal year 2024 of INR 0.40 per equity share (20% of face value of INR 2 each) which amounts to INR 44,693,995.60 subject to the approval of members at the upcoming Annual General Meeting. Reported Earnings • May 29
Full year 2024 earnings released: EPS: ₹10.82 (vs ₹7.97 in FY 2023) Full year 2024 results: EPS: ₹10.82 (up from ₹7.97 in FY 2023). Revenue: ₹5.86b (up 13% from FY 2023). Net income: ₹1.20b (up 36% from FY 2023). Profit margin: 21% (up from 17% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 24
Fineotex Chemical Limited announced that it has received INR 562.8209 million in funding from a group of investors On May 22, 2024, Fineotex Chemical Limited closed the transaction. The company issued 2,626,600 share warrants at a price of INR 86.5 per warrant for the gross proceeds of INR 227,200,900 and 970,000 Equity Shares at a price of INR 346 per warrant for the gross proceeds of INR 335,620,000, bringing gross proceeds INR 562,820,900. Announcement • May 22
Fineotex Chemical Limited to Report Q4, 2024 Results on May 28, 2024 Fineotex Chemical Limited announced that they will report Q4, 2024 results on May 28, 2024 Upcoming Dividend • Feb 19
Upcoming dividend of ₹1.20 per share Eligible shareholders must have bought the stock before 26 February 2024. Payment date: 12 March 2024. Payout ratio is a comfortable 10% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.2%). Lower than average of industry peers (0.8%). Announcement • Feb 15
Fineotex Chemical Limited Declares Interim Dividend, Payable on or Before March 12, 2024 The board of directors of Fineotex Chemical Limited at its meeting held on 14 February, 2024, Declared an Interim Dividend of 60% i.e; INR 1.20 per equity share (face value INR 2 each) aggregating to INR 132.9 million. The record date will be February 26, 2024 and the dividend will be paid on or before March 12, 2024. Reported Earnings • Feb 15
Third quarter 2024 earnings released: EPS: ₹2.95 (vs ₹2.00 in 3Q 2023) Third quarter 2024 results: EPS: ₹2.95 (up from ₹2.00 in 3Q 2023). Revenue: ₹1.43b (up 31% from 3Q 2023). Net income: ₹326.7m (up 48% from 3Q 2023). Profit margin: 23% (up from 20% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 77% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹374, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 30x in the Chemicals industry in India. Total returns to shareholders of 417% over the past three years. Announcement • Feb 06
Fineotex Chemical Limited to Report Q3, 2024 Results on Feb 14, 2024 Fineotex Chemical Limited announced that they will report Q3, 2024 results on Feb 14, 2024 Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹367, the stock trades at a trailing P/E ratio of 38.7x. Average trailing P/E is 28x in the Chemicals industry in India. Total returns to shareholders of 767% over the past three years. Buying Opportunity • Nov 20
Now 21% undervalued Over the last 90 days, the stock is up 15%. The fair value is estimated to be ₹404, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Earnings per share has grown by 44%. Reported Earnings • Nov 11
Second quarter 2024 earnings released: EPS: ₹2.83 (vs ₹1.86 in 2Q 2023) Second quarter 2024 results: EPS: ₹2.83 (up from ₹1.86 in 2Q 2023). Revenue: ₹1.49b (up 11% from 2Q 2023). Net income: ₹313.5m (up 52% from 2Q 2023). Profit margin: 21% (up from 15% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has increased by 100% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 17
Fineotex Chemical Limited Approves Dividend for the Financial Year Ended March 31, 2023 Fineotex Chemical Limited announced that at the AGM held on 15 September, 2023, approved to declare dividend of INR 0.80 per fully paid-up share of INR 2 each on Equity Shares for the financial year ended March 31, 2023. Upcoming Dividend • Sep 01
Upcoming dividend of ₹0.80 per share at 0.3% yield Eligible shareholders must have bought the stock before 08 September 2023. Payment date: 15 October 2023. Payout ratio is a comfortable 10% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.4%). Lower than average of industry peers (0.8%). Announcement • Aug 22
Fineotex Chemical Limited Recommends Dividend for Financial Year 2022-23 Fineotex Chemical Limited at its AGM to be held on September 15, 2023 recommended a dividend at the rate of INR 0.80/- (Eighty Paisa) per equity share of INR 2 each be and is hereby declared out of profits of financial year 2022-23 to the equity shareholders of the Company whose names appear in the Register of Members of the Company as on September 08, 2023. Reported Earnings • Aug 05
First quarter 2024 earnings released: EPS: ₹2.32 (vs ₹1.79 in 1Q 2023) First quarter 2024 results: EPS: ₹2.32 (up from ₹1.79 in 1Q 2023). Revenue: ₹1.36b (flat on 1Q 2023). Net income: ₹256.8m (up 30% from 1Q 2023). Profit margin: 19% (up from 15% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has increased by 110% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 05
Fineotex Chemical Limited, Annual General Meeting, Sep 15, 2023 Fineotex Chemical Limited, Annual General Meeting, Sep 15, 2023, at 17:00 Indian Standard Time. Board Change • Aug 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Independent Director Sunil Waghmare was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jul 28
Fineotex Chemical Limited to Report Q1, 2024 Results on Aug 04, 2023 Fineotex Chemical Limited announced that they will report Q1, 2024 results at 4:00 PM, Indian Standard Time on Aug 04, 2023 Valuation Update With 7 Day Price Move • May 27
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹299, the stock trades at a trailing P/E ratio of 37.5x. Average trailing P/E is 21x in the Chemicals industry in India. Total returns to shareholders of 1,032% over the past three years. Reported Earnings • May 21
Full year 2023 earnings released: EPS: ₹7.97 (vs ₹4.98 in FY 2022) Full year 2023 results: EPS: ₹7.97 (up from ₹4.98 in FY 2022). Revenue: ₹5.24b (up 42% from FY 2022). Net income: ₹883.2m (up 60% from FY 2022). Profit margin: 17% (up from 15% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has increased by 121% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 13
Fineotex Chemical Limited to Report Q4, 2023 Results on May 20, 2023 Fineotex Chemical Limited announced that they will report Q4, 2023 results at 4:00 PM, Indian Standard Time on May 20, 2023 Recent Insider Transactions • Mar 27
CFO & Executive Director recently bought ₹9.0m worth of stock On the 22nd of March, Sanjay Tibrewala bought around 40k shares on-market at roughly ₹224 per share. This transaction amounted to 1.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Sanjay has been a buyer over the last 12 months, purchasing a net total of ₹13m worth in shares. Reported Earnings • Jan 28
Third quarter 2023 earnings released: EPS: ₹2.00 (vs ₹1.67 in 3Q 2022) Third quarter 2023 results: EPS: ₹2.00 (up from ₹1.67 in 3Q 2022). Revenue: ₹1.11b (up 5.7% from 3Q 2022). Net income: ₹221.5m (up 20% from 3Q 2022). Profit margin: 20% (up from 18% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has increased by 101% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 20
Fineotex Chemical Limited to Report Q3, 2023 Results on Jan 27, 2023 Fineotex Chemical Limited announced that they will report Q3, 2023 results on Jan 27, 2023 Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improved over the past week After last week's 15% share price gain to ₹253, the stock trades at a trailing P/E ratio of 37.1x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 824% over the past three years. Recent Insider Transactions • Dec 17
Founder recently bought ₹5.1m worth of stock On the 15th of December, Surendrakumar Tibrewala bought around 19k shares on-market at roughly ₹267 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Surendrakumar has been a buyer over the last 12 months, purchasing a net total of ₹8.8m worth in shares. Valuation Update With 7 Day Price Move • Dec 15
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹261, the stock trades at a trailing P/E ratio of 38.4x. Average trailing P/E is 21x in the Chemicals industry in India. Total returns to shareholders of 879% over the past three years. Announcement • Dec 14
Fineotex Chemical Limited Announces Appointment of Mr. Sunny Parmarcompany Secretary and Compliance Officer Fineotex Chemical Limited announced that Mr. Sunny Parmar appointed as Company Secretary and Compliance Officer of the Company effective December 13, 2022. The aforesaid appointment was duly approved by Board of Directors in its meeting held on December 13, 2022 as recommended by the Nomination and Remuneration Committee in its meeting held earlier the same day. Mr. Sunny Parmar is a qualified Company Secretary and a graduate in Commerce. He has an experience of corporate secretarial matters, board governance practices and policies, shareholders' relationship, regulatory compliances including those relating to Securities and Exchange Board of India, the Ministry of Corporate Affairs, and other statutory authorities and reporting to the board of directors and various committees of the board and other stakeholders in relation to legal, secretarial, compliance and governance matters. Announcement • Dec 07
Fineotex Chemical Limited Announces the Resignation of Hemant Auti as Company Secretary / Compliance Officer and Nodal Officer Fineotex Chemical Limited announced the resignation of Hemant Auti as Company Secretary /Compliance Officer and Nodal Officer, effective December 6, 2022. Resignation due to personal reasons and further law education. Reported Earnings • Nov 05
Second quarter 2023 earnings released: EPS: ₹1.86 (vs ₹0.97 in 2Q 2022) Second quarter 2023 results: EPS: ₹1.86 (up from ₹0.97 in 2Q 2022). Revenue: ₹1.37b (up 74% from 2Q 2022). Net income: ₹205.7m (up 92% from 2Q 2022). Profit margin: 15% (up from 14% in 2Q 2022). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Nov 02
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹320, the stock trades at a trailing P/E ratio of 54.2x. Average trailing P/E is 19x in the Chemicals industry in India. Total returns to shareholders of 1,097% over the past three years. Recent Insider Transactions • Sep 30
CFO & Executive Director recently bought ₹3.8m worth of stock On the 27th of September, Sanjay Tibrewala bought around 11k shares on-market at roughly ₹345 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Sanjay's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Sep 01
Investor sentiment improved over the past week After last week's 18% share price gain to ₹310, the stock trades at a trailing P/E ratio of 46.6x. Average trailing P/E is 19x in the Chemicals industry in India. Total returns to shareholders of 1,174% over the past three years. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improved over the past week After last week's 16% share price gain to ₹245, the stock trades at a trailing P/E ratio of 38.7x. Average trailing P/E is 19x in the Chemicals industry in India. Total returns to shareholders of 799% over the past three years. Announcement • Jul 22
Fineotex Chemical Limited to Report Q1, 2023 Results on Jul 29, 2022 Fineotex Chemical Limited announced that they will report Q1, 2023 results on Jul 29, 2022 Upcoming Dividend • Jul 21
Upcoming dividend of ₹0.40 per share Eligible shareholders must have bought the stock before 28 July 2022. Payment date: 04 September 2022. Payout ratio is a comfortable 8.0% but the company is not cash flow positive. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.8%). Lower than average of industry peers (0.8%). Reported Earnings • Jul 15
Full year 2022 earnings released: EPS: ₹4.98 (vs ₹3.84 in FY 2021) Full year 2022 results: EPS: ₹4.98 (up from ₹3.84 in FY 2021). Revenue: ₹3.68b (up 68% from FY 2021). Net income: ₹551.7m (up 30% from FY 2021). Profit margin: 15% (down from 19% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 88% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 30
Fineotex Chemical Limited, Annual General Meeting, Aug 05, 2022 Fineotex Chemical Limited, Annual General Meeting, Aug 05, 2022, at 17:00 Indian Standard Time. Recent Insider Transactions • Jun 18
CFO & Executive Director recently bought ₹17m worth of stock On the 15th of June, Sanjay Tibrewala bought around 100k shares on-market at roughly ₹169 per share. This was the largest purchase by an insider in the last 3 months. This was Sanjay's only on-market trade for the last 12 months. Announcement • May 18
Fineotex Chemical Limited Announces Resignation of Anand V Patwardhan, Independent Non- Executive Director Fineotex Chemical Limited announced resignation of Dr. Anand V Patwardhan, Independent Non- Executive Director. Date of resignation is May 16, 2022. Resignation due to additional responsibilities from another state for the post of Deputy Director Bhubaneswar campus (Odisha state). Valuation Update With 7 Day Price Move • May 18
Investor sentiment improved over the past week After last week's 20% share price gain to ₹185, the stock trades at a trailing P/E ratio of 37.1x. Average trailing P/E is 18x in the Chemicals industry in India. Total returns to shareholders of 411% over the past three years. Reported Earnings • May 01
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: ₹4.97 (up from ₹3.84 in FY 2021). Revenue: ₹3.74b (up 71% from FY 2021). Net income: ₹551.7m (up 30% from FY 2021). Profit margin: 15% (down from 20% in FY 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 30%. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 20
Fineotex Chemical Limited to Report Q4, 2022 Results on Apr 28, 2022 Fineotex Chemical Limited announced that they will report Q4, 2022 results on Apr 28, 2022 Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improved over the past week After last week's 19% share price gain to ₹191, the stock trades at a trailing P/E ratio of 41.8x. Average trailing P/E is 19x in the Chemicals industry in India. Total returns to shareholders of 355% over the past three years. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹142, the stock trades at a trailing P/E ratio of 35.2x. Average trailing P/E is 18x in the Chemicals industry in India. Total returns to shareholders of 284% over the past three years. Reported Earnings • Jan 19
Third quarter 2022 earnings: EPS and revenues miss analyst expectations Third quarter 2022 results: EPS: ₹1.67 (up from ₹1.18 in 3Q 2021). Revenue: ₹1.06b (up 82% from 3Q 2021). Net income: ₹184.6m (up 41% from 3Q 2021). Profit margin: 17% (down from 22% in 3Q 2021). Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 30%. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Dec 10
Investor sentiment improved over the past week After last week's 15% share price gain to ₹130, the stock trades at a trailing P/E ratio of 31.6x. Average trailing P/E is 18x in the Chemicals industry in India. Total returns to shareholders of 253% over the past three years. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment improved over the past week After last week's 15% share price gain to ₹113, the stock trades at a trailing P/E ratio of 24.5x. Average trailing P/E is 18x in the Chemicals industry in India. Total returns to shareholders of 141% over the past three years. Reported Earnings • Jul 24
First quarter 2022 earnings released: EPS ₹0.86 (vs ₹0.70 in 1Q 2021) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2022 results: Revenue: ₹660.8m (up 118% from 1Q 2021). Net income: ₹94.7m (up 22% from 1Q 2021). Profit margin: 14% (down from 26% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 23% per year. Upcoming Dividend • Jul 01
Upcoming dividend of ₹0.30 per share Eligible shareholders must have bought the stock before 08 July 2021. Payment date: 15 August 2021. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.6%). Lower than average of industry peers (0.7%). Reported Earnings • Jun 25
Full year 2021 earnings released: EPS ₹3.84 (vs ₹1.18 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹2.19b (up 11% from FY 2020). Net income: ₹425.9m (up 226% from FY 2020). Profit margin: 20% (up from 6.7% in FY 2020). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 06
Investor sentiment improved over the past week After last week's 16% share price gain to ₹82.70, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 19x in the Chemicals industry in India. Total returns to shareholders of 5.6% over the past three years. Announcement • May 04
Fineotex Chemical Limited Recommends Dividend The Board of Fineotex Chemical Limited has recommended a dividend of INR 0.30 per share compared to INR 0.05 a year ago. Reported Earnings • Apr 25
Full year 2021 earnings released: EPS ₹3.85 (vs ₹1.18 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹2.36b (up 20% from FY 2020). Net income: ₹425.9m (up 226% from FY 2020). Profit margin: 18% (up from 6.7% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Apr 04
CFO & Executive Director recently bought ₹4.6m worth of stock On the 31st of March, Sanjay Tibrewala bought around 70k shares on-market at roughly ₹65.89 per share. This was the largest purchase by an insider in the last 3 months. This was Sanjay's only on-market trade for the last 12 months. Is New 90 Day High Low • Feb 04
New 90-day high: ₹70.00 The company is up 84% from its price of ₹37.95 on 06 November 2020. The Indian market is up 23% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 14% over the same period. 
