Is Fineotex Chemical Ltd (FCL) a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Fineotex Chemical Ltd is a good quality company .

Is Fineotex Chemical Ltd (FCL) undervalued or overvalued?

The key valuation ratios of Fineotex Chemical Ltd's currently when compared to its past seem to suggest it is in the Fair zone .

What is Fineotex Chemical Ltd (FCL) share price return in the past 10 years?

Fineotex Chemical Ltd share price has appreciated 22.4% annually (CAGR) over the past ten years.

Is Fineotex Chemical Ltd (FCL) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Fineotex Chemical Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

What is the share price of Fineotex Chemical Ltd (FCL)?

Company share prices are keep on changing according to the market conditions. The current trading price of Fineotex Chemical Ltd (FCL) on 17-Apr-2026 16:59:59 at 16:59 is 23.21.

What is the market cap of Fineotex Chemical Ltd (FCL)?

Market capitalization is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 17-Apr-2026 at 16:59, the market cap of Fineotex Chemical stood at Rs. 2702.81 Cr.

What is the P/E ratio of Fineotex Chemical?

The latest standalone P/E ratio of Fineotex Chemical as of 17-Apr-2026 is 29.97.

What is the P/B ratio of Fineotex Chemical Ltd (FCL)?

The latest standalone P/B ratio of Fineotex Chemical Ltd (FCL) as of 17-Apr-2026 is 3.16.

What is the 52-week high and low of Fineotex Chemical Ltd (FCL)?

The 52-week high of Fineotex Chemical Ltd (FCL) is Rs. 35.76 and the 52-week low is Rs. 18.98.

What is the TTM revenue of Fineotex Chemical Ltd (FCL)?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Fineotex Chemical is Rs. 407.23 (Cr.).

Fineotex Chemical Ltd (FCL) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Fineotex Chemical Ltd (FCL)
Brand: Fineotex Chemical

10 Year X-Ray :

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	28%	29.6%	26.7%	19.1%	11.9%	27.1%	28.1%	27.3%	44.2%	25.4%	-
Value Creation Index ⓘ	1.0	1.1	0.9	0.4	-0.2	0.9	1.0	1.0	2.2	0.8	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	68.5	74.7	90.1	113	129	129	250	296	419	439	407
Sales YoY Gr.	-	9%	20.6%	25.1%	14.4%	0.5%	93.1%	18.2%	41.8%	4.8%	-
Adj EPS ⓘ	0.1	0.2	0.2	0.2	0.2	0.3	0.4	0.5	1	0.8	0.8
YoY Gr.	-	46.2%	0%	-21.1%	13.3%	88.2%	21.9%	18%	115.2%	-15.2%	-
BVPS (₹) ⓘ	0.8	0.9	1.1	1.2	1.3	1.6	2	2.4	3.2	5.5	7.3
Adj Net Profit ⓘ	15.1	21.1	21.5	16.9	19	35.6	42.9	50.5	110	96.1	90
Cash Flow from Ops. ⓘ	9.2	10.6	9.1	3.4	22.2	-0.8	13.5	66.3	68.6	58.1	-
Debt/CF from Ops. ⓘ	0.3	0.1	0.5	0.6	0.1	-4.1	0.1	0.1	0.1	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	22.9%	27.8%	20.7%	4.8%
Adj EPS ⓘ	23%	37.7%	29.1%	-15.2%
BVPSⓘ	24.8%	32.8%	40%	70%
Share Price	22.4%	29.5%	-1.6%	-6.9%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	19.6	22.7	19.3	13	13.3	21.7	21.3	20.6	35	19.5	12
Op. Profit Mgn % ⓘ	27.2	24.9	26.5	22.5	21.6	24.1	21.4	20.6	27.1	24.1	20.2
Net Profit Mgn % ⓘ	22.1	28.3	23.9	15	14.7	27.5	17.2	17.1	26.2	21.9	22
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0	-
Working Cap Days ⓘ	159	155	160	175	183	230	177	167	126	145	85
Cash Conv. Cycle ⓘ	39	45	57	76	79	108	86	80	52	63	62

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 20.65%

Net Profit is growing at healthy rate in last 3 years 29.14%

Return on Equity has declined versus last 3 years average to 12.00%

Sales growth is not so good in last 4 quarters at -9.46%

	Standalone	Consolidated
TTM EPS (₹)	0.8	0.8
TTM Sales (₹ Cr.)	407	578
BVPS (₹) ⓘ	7.3	8.3
Reserves (₹ Cr.) ⓘ	738	852
P/BV ⓘ	3.16	2.79
PE ⓘ	29.97	27.83

From the Market
52 Week Low / High (₹)	18.98 / 35.76
All Time Low / High (₹)	0.16 / 45.80
Market Cap (₹ Cr.)	2,703
Equity (₹ Cr.)	116.5
Face Value (₹)	1
Industry PE ⓘ	45.3

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	68	75	90	113	129	129	250	296	419	439
Operating Expenses ⓘ +	50	56	66	87	101	98	197	235	305	334
Manufacturing Costs	8	8	8	11	11	12	19	20	22	22
Material Costs	34	37	45	59	69	65	139	170	236	257
Employee Cost	2	3	5	6	7	7	11	16	18	21
Other Costs ⓘ	5	8	9	12	14	14	27	28	29	34
Operating Profit ⓘ	19	19	24	25	28	31	53	61	113	106
Operating Profit Margin (%)	27.2%	24.8%	26.2%	22.5%	21.6%	24.1%	21.3%	20.6%	27.1%	24.1%
Other Income ⓘ +	4	10	8	1	3	16	6	11	32	27
Exceptional Items ⓘ	0	0	0	0	-13	0	0	0	0	0
Interest ⓘ	0	0	0	1	0	0	1	1	1	1
Depreciation ⓘ	1	1	1	1	1	1	2	3	5	7
Profit Before Tax ⓘ	22	28	30	25	17	45	57	68	141	125
Tax ⓘ	7	7	9	8	6	9	13	16	30	28
Profit After Tax	15	21	21	17	11	36	44	52	111	97
PAT Margin (%)	22.1%	28.3%	23.6%	15.4%	8.4%	27.8%	17.6%	17.6%	26.4%	22.1%
Adjusted EPS (₹)	0.1	0.2	0.2	0.2	0.1	0.3	0.4	0.5	1.0	0.9
Dividend Payout Ratio (%)	15%	5%	10%	6%	5%	9%	10%	17%	16%	9%

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	84	102	121	138	148	181	222	269	358	629
Share Capital ⓘ	22	22	22	22	22	22	22	22	22	23
Reserves ⓘ	61	80	99	116	125	159	200	247	336	606
Debt +	3	1	5	2	3	3	2	7	5	0
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	3	1	4	2	3	3	2	7	5	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	10	11	11	15	18	24	41	39	59	54
Others Liabilities ⓘ	-0	1	2	4	3	4	6	7	9	12
Total Liabilities ⓘ	96	115	139	159	171	213	271	323	431	695
Fixed Assets
Net Fixed Assets ⓘ +	12	16	18	25	29	48	63	77	86	123
Gross Block	14	17	19	27	33	53	70	87	100	144
Accumulated Depreciation	2	1	1	2	3	5	7	10	15	21
CWIP ⓘ	0	0	0	0	0	3	0	0	0	7
Investments ⓘ	48	56	64	58	62	43	28	76	149	347
Inventories	6	7	12	14	13	22	48	37	37	53
Trade Receivables	19	20	22	35	39	58	75	73	109	97
Cash Equivalents	3	2	2	2	2	11	24	33	21	26
Others Assets ⓘ	8	13	21	26	25	28	32	26	30	42
Total Assets ⓘ	96	115	139	159	171	213	271	323	431	695

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	9	11	9	3	22	-1	13	66	69	58
PBT ⓘ	22	28	30	25	17	45	57	68	141	125
Adjustment ⓘ	-3	-9	-6	0	12	-13	-2	-4	-25	-17
Changes in Working Capital ⓘ	-2	-1	-6	-14	-1	-25	-28	18	-14	-27
Tax Paid ⓘ	-8	-7	-8	-8	-6	-8	-14	-16	-33	-23
Cash Flow From Investing Activity ⓘ +	-6	-5	-8	4	-18	-6	7	-69	-11	-257
Capex	-1	-5	-10	-8	-6	-22	-15	-17	-13	-47
Net Investments	-8	-2	-2	11	-13	25	17	-46	-23	-218
Others ⓘ	3	2	3	1	2	-9	5	-5	25	8
Cash Flow From Financing Activity ⓘ +	-2	-6	-2	-1	-2	-3	-4	-5	-23	173
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	183
Net Proceeds from Borrowing ⓘ	-1	0	0	-0	-0	0	0	0	0	0
Interest Paid ⓘ	-0	-0	-0	-1	-0	-0	-1	-1	-1	-1
Dividend Paid ⓘ	-3	-1	-2	0	-2	0	-3	-4	-22	-9
Others ⓘ	2	-5	0	0	0	-2	0	0	0	-0
Net Cash Flow ⓘ	1	-1	-2	6	3	-10	17	-7	35	-26

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	19.6	22.75	19.07	13.35	7.54	21.9	21.84	21.19	35.29	19.72
ROCE (%)	27.95	29.58	26.67	19.14	11.91	27.07	28.06	27.29	44.16	25.39
Asset Turnover Ratio	0.83	0.78	0.72	0.75	0.78	0.68	1.03	1	1.11	0.78
PAT to CFO Conversion(x)	0.6	0.52	0.43	0.18	2	-0.03	0.3	1.27	0.62	0.6
Working Capital Days
Receivable Days	87	87	84	92	104	137	97	92	79	85
Inventory Days	25	29	38	42	38	49	51	53	33	38
Payable Days	104	103	91	82	86	116	86	87	76	81

About Fineotex Chemical Ltd

Fineotex Chemical Limited (FCL) was incorporated as a private limited company under the Companies Act 1956, on January 30, 2004 in the State of Maharashtra and its constitution was changed to a public limited company vide a new certificate of incorporation dated October 19, 2007. It is promoted by the members of the Tibrewala family, the company is in the business of manufacturing specialty chemicals and enzymes. The registered and corporate office of the company is situated at 42 and 43 Manorama Chambers, S.V. Road, Bandra West Mumbai 400 050.

The company has acquired the business of Fineotex Chemical Industries, a proprietorship concern of Surendra Kumar Tibrewala, which was set up in the year 1995 at Mahape, MIDC in Navi Mumbai. Fineotex Chemical Industries was engaged in the manufacturing of specialty chemicals for Textile and Garment Industry (right from Pre-treatment Chemicals to finishing products), Leather Industry, Agrochemical Industry, Paper Industry, Paint Industry, Construction chemicals, Wood and Sticker Industry etc. It also manufactured various value added specialty chemicals and enzymes.

The company acquired the business of Fineotex Chemical Industries by executing the deed of Assignment dated April 1, 2007 for a lump sum cash consideration of Rs 3 crore only and acquired all assets and liabilities related to the business. Pursuant to this deed of assignment, the proprietor of Fineotex Chemical Industries was allotted 30, 00,000 equity shares of Rs 10 each of Fineotex Chemical Limited.

The company proposes to set up a manufacturing facility for the production of specialty chemicals and enzymes with a capacity of 13,125 MT/annum in and around Khopoli in Maharashtra and to set up a sales office at Mumbai. Setting up this project would be a step towards expansion of current business i.e. manufacturing of specialty chemicals and enzymes for construction, textile and garments, leather and water treatment industry. This expansion would help us tap the potential of the increasing demand of the specialty chemicals in the above industries.

Business area of the company

The company manufactures specialty chemicals consumed by textile and garment industry, leather, construction, adhesives paper, water treatment, agrochemicals, paint and other industries. The companyâ€™s existing plant is located at A - 699 and A - 700, TTC Industrial Area, Mahape, Navi Mumbai, District Thane. Its products have an established international market in countries like Bangladesh, Indonesia, Bulgaria, Pakistan, Colombia, Singapore, etc. Also, the companyâ€™s products are sold in Indian cities like Mumbai, Balotra Bhilwara, Delhi, Ludhiana, Tirupur, Karur, Erode, etc.

Milestones

1995: Incorporation of Fineotex Chemical Industries (FCI)
2003: FCI received ISO 9001:2000 from JAS-ANZ Certification
2003: Registered Trademark for â€˜FINEOTEXâ€™
2004: Incorporation of Fineotex Chemical Private Limited
2007: Acquisition of business of Fineotex Chemical Industries by Fineotex Chemical Private Limited
2007: Converted to Public Limited Company
2007: FCL received ISO 9001:2000 from JAS-ANZ Certification

Build a Stress-Tested Portfolio.

Our Sapphire Advisory uses the ABC Concept to ensure you never have to panic during a market correction.

Core Stocks

STABILITY

Booster Stocks

GROWTH

Amplifier Stocks

ASYMMETRY

● Conflict-Free ● SEBI Registered ● 15Y+ Track Record

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Fineotex Chemical Ltd (FCL) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Fineotex Chemical Share Price