Latest news with #FineotexChemical
Mint
21-05-2025
- Business
- Mint
Ashish Kacholia portfolio stock declares Q4 results, dividend for FY25. Details here
Fineotex Chemical, the ace investor Ashish Kacholia-portfolio company, has declared its Q4 results. The company has reported a drop in its revenue and net profit. Fineotex Chemical reported a consolidated net profit of ₹ 19.97 crore in the fourth quarter of FY25, recording a decline of 33.68% from ₹ 30.11 crore in the corresponding quarter of last fiscal year. The company's consolidated revenue from operations in Q4FY25 decreased 21.72% to ₹ 119.78 crore from ₹ 153.02 crore, year-on-year. In the full financial year ending in March 2025, the company's net profit decreased 9.68% to ₹ 108.21 crore from ₹ 119.81 crore in the year ending in March 2024. Revenue from operations in FY25 fell 6.26% to ₹ 533.33 crore from ₹ 568.97 crore in FY24. At the operational level, earnings before interest, tax, depreciation and amortization or EBITDA (excluding other income) stood at ₹ 127.23 crore, while EBITDA Margin was at 23.85% in FY25, the company said. 'We ended FY25 on a stable footing, with steady performance in the textile chemicals segment and strong growth in newly diversified businesses. Despite a nuanced demand environment, our strategic direction remains clear, and we continue to execute with resilience and a long-term growth mindset,' said Sanjay Tibrewala, Executive Director, Fineotex Chemical. During the quarter, the textile chemicals segment remained stable, with sustained demand across key geographies. The company added 30 new customers during the fourth quarter, and also developed 15 new products. 'While the FMCG, Cleaning & Hygiene segment witnessed a temporary softness in volumes, the underlying demand fundamentals remain intact, and we anticipate a pickup in the coming quarters,' Tibrewala said. New business verticals — Water Treatment and Oil & Gas — delivered strong performance, with a substantial increase in both volumes and value contribution backed by a robust and growing order pipeline, he added. 'Looking ahead, we are optimistic about the export environment. The India–UK Free Trade Agreement, is expected to improve market access, reduce trade barriers, and enhance our competitiveness in the UK and Europe, particularly for textile and specialty chemicals,' Tibrewala said. The company's greenfield expansion is progressing as planned and will add 15,000 MTPA of capacity, increasing its total installed capacity to 1,20,000 MTPA expected to commence operations in Q2 FY26. The board of directors of Fineotex Chemical also approved a final dividend of ₹ 0.40 per equity share (20% of face value of ₹ 2 each) which amounts to over ₹ 4.58 crore, subject to the approval of members at the ensuing Annual General Meeting. The company had paid an interim dividend of ₹ 0.40 per share during FY25 and therefore the total dividend would be ₹ 0.80 (40% of Face Value) per share for FY 2024-25 amounting to over ₹ 9.16 crore. Ace inventor Ashish Kacholia maintained his nearly 3% stake in Fineotex Chemical during the quarter ended March 2025. As per the shareholding pattern of the company as of 31 March 2025, Ashish Kacholia held 31,35,568 Fineotex Chemical shares, representing 2.74% stake in the company. Fineotex Chemical share price share price plunged more than 11% on Wednesday after the specialty performance chemical making company reported its Q4 results. The Ashish Kacholia-portfolio stock, Fineotex Chemical shares fell as much as 11.01% to ₹ 229.00 apiece on the BSE. Fineotex Chemical shares have fallen over 10% in three months, and the stock is down 32% on a YTD basis. Over the past one year, Fineotex Chemical shares have dropped 34%, while the Ashish Kacholia portfolio stock has delivered multibagger returns of 873% in five years. At 2:55 PM, Fineotex Chemical share price was trading 9.69% lower at ₹ 232.40 apiece on the BSE. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
India.com
21-05-2025
- Business
- India.com
This company announces Q4 FY25 results, recommends Final Dividend
सेफ इंवेस्टमेंट का भी करें इंतजाम BSE-listed small-cap company Fineotex Chemical Ltd. has released its financial results for the quarter ended March 31, 2025. In a regulatory filing, the specialty chemical manufacturer reported a revenue from operations of ₹119.78 crore, marking a decline from ₹153.01 crore recorded in the corresponding quarter of the previous fiscal year. The Profit After Tax (PAT) for the quarter stood at ₹20.13 crore, supported by robust margins despite the year-on-year revenue dip. The company also announced a proposed final dividend, reflecting continued shareholder value creation. Dividend Declaration In its filing with the stock exchanges, Fineotex Chemical stated that its Board of Directors has recommended a final dividend of ₹0.40 per equity share (20% of the face value of ₹2 per share), subject to shareholders' approval at the upcoming Annual General Meeting (AGM). 'The Board has recommended a final dividend of ₹0.40 per equity share (20% of the face value of ₹2 each), amounting to ₹4,58,30,036, subject to approval by the members at the ensuing AGM,' the company noted. Including interim dividends, the total dividend payout for FY25 amounts to ₹0.80 per equity share. Q4 FY25 Consolidated Financial Highlights: Revenue from Operations: ₹119.78 crore Profit After Tax (PAT): ₹20.13 crore Gross Margin: 36.22% PAT Margin: 16.81% Stock Performance & Market Overview Despite the steady profitability, Fineotex shares opened lower on the BSE at ₹240.05, down from the previous close of ₹257.35. The stock continued to face selling pressure, hitting an intraday low of ₹229—representing an 11.01% decline. At last check, the scrip was trading at ₹230.85. The stock has delivered exceptional long-term returns, rising 862% over the past five years. However, it has seen a significant correction in recent periods—down over 35% in the last one year and 29% over the past six months.
Business Standard
21-05-2025
- Business
- Business Standard
Fineotex Chemical consolidated net profit declines 33.68% in the March 2025 quarter
Sales decline 21.72% to Rs 119.79 crore Net profit of Fineotex Chemical declined 33.68% to Rs 19.97 crore in the quarter ended March 2025 as against Rs 30.11 crore during the previous quarter ended March 2024. Sales declined 21.72% to Rs 119.79 crore in the quarter ended March 2025 as against Rs 153.02 crore during the previous quarter ended March 2024. For the full year,net profit declined 9.68% to Rs 108.21 crore in the year ended March 2025 as against Rs 119.81 crore during the previous year ended March 2024. Sales declined 6.26% to Rs 533.33 crore in the year ended March 2025 as against Rs 568.97 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 119.79153.02 -22 533.33568.97 -6 OPM % 17.7625.02 - 23.8526.08 - PBDT 28.4341.85 -32 150.46163.59 -8 PBT 26.4240.00 -34 141.24157.57 -10 NP 19.9730.11 -34 108.21119.81 -10
India.com
13-05-2025
- Business
- India.com
This company's shares in focus as company to consider final dividend soon
शेयर बाजार भी पाकिस्तान से कई गुना बड़ा New Delhi: Shares of Fineotex, which manufactures speciality chemicals, will be in focus as the company has announced that its board will meet soon to discuss the quarterly results for the quarter and year ended March 31, 2025. According to the information shares, the company's board of directors are scheduled to meet on May 20, 2025. 'The Board of Directors of the company is scheduled to be held on Tuesday, 20th May, 2025 inter-alia to consider and approve…The Audited Standalone and Consolidated Financial Statements of the company for the quarter and year ended March 31, 2025… Recommendation of Final Dividend, if any,' the company said in an exchange filing. Meanwhile, the stock ended the last session with a gain of gain of Rs 17.85 or 7.75 per cent at Rs 248.20 from the previous close of Rs 230.25. The counter had started the session at Rs 235 and touched the intraday high of Rs 249.70. The 52-week high of the scrip is Rs 438.60 and the 52-week low is Rs 192.05. The market cap of the BSE smallcap company is Rs 2,843.75. The surge in the stock came as benchmark indexes Sensex and Nifty zoomed nearly 4 per cent on Monday. They recorded their biggest single-day gains in absolute terms on Monday, skyrocketing nearly 4 per cent, after India and Pakistan reached an understanding to stop military actions and US and China announced a deal to lower tariffs significantly. Earlier, the company raised Rs 342.55 crore through the issue of equity shares and warrants on a preferential basis. In a regulatory filing, the company announced the closure of 'fund raising of Rs 342.55 crore through a preferential allotment of equity shares and convertible warrants'. 'This preferential allotment aligns with the initial tranche of our fund raised on May 22, 2024, amounting to Rs 124.4 crore. The cumulative funds raised from both tranches now total Rs 342.6 crore,' Sanjay Tibrewala, CFO and Executive Director at Fineotex Chemical, said. The company said that the capital raised will be invested strategically to support both organic and inorganic growth opportunities. With PTI inputs
Mint
13-05-2025
- Business
- Mint
Ashish Kacholia portfolio stock declares date to announce Q4 results 2025, final dividend for FY25
Ace investor Ashish Kacholia portfolio stock Fineotex Chemical shares gained over 2% on Tuesday despite muted trading volumes. Fineotex Chemical share price gained as much as 2.7% to ₹ 254.90 apiece on the BSE. Fineotex Chemical has announced the date to declare its earnings for the fourth quarter of financial year 2024-2025. The company has announced the date of the meeting of its board of directors to consider and approve the Q4 results as well as earnings for the full financial year 2024-2025. Fineotex Chemical Q4 results will be declared on May 20. Along with Fineotex Chemical Q4 results 2025, the company's board will also consider the recommendation of a final dividend. '...we would like to inform that a meeting of the Board of Directors of the company is scheduled to be held on Tuesday, 20th May, 2025 inter-alia to Consider and approve; 1. The Audited Standalone and Consolidated Financial Statements of the company for the quarter and year ended March 31, 2025; 2. Recommendation of Final Dividend, if any,' Fineotex Chemical said in a regulatory filing on May 12. Meanwhile, the trading window of Fineotex Chemical shares for designated persons will remain closed till 48 hours after the declaration of Q4 results. 'Furtherance to our letter dated March 28, 2025, the Trading Window for dealing in securities of the Company remains closed and will be re-open after completion of 48 hours of declaration of aforesaid financial results,' the company said. Ashish Kacholia holds a significant stake in Fineotex Chemical. As per the shareholding pattern of the company as on March 2025, Ashish Kacholia holds 31,35,568 Fineotex Chemical shares, representing 2.74% stake in the company. Kacholia's shareholding in Fineotex Chemical at the end of March 2025 remained the same as at the end of December 2024. Fineotex Chemical share price has gained 10% over the past month, showing signs of a short-term rebound. However, the small-cap stock remains under pressure on a broader timeline, having declined 27% year-to-date (YTD) and over 30% in the past one year. Despite recent underperformance, Fineotex Chemical share price has delivered stellar long-term returns. Over a five-year period, Fineotex Chemical shares have surged 875%, marking it as a multibagger for long-term investors. At 10:45 AM, Fineotex Chemical share price was trading 2.48% higher at ₹ 254.35 apiece on the BSE. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
