| Sector |
Chemicals
|
Compare with Sector peers |
| Industry |
Chemicals
|
Compare with Industry peers |
| Website | http://www.fineotex.com | |
| Market Cap | 1,944.19 Cr. | |
| Enterprise Value(EV) | 1,924.07 Cr. | 2022-03 |
| Financial Indicators | ||
|---|---|---|
| Earnings per share (EPS) | 4.98 | Trailing Twelve Months Ending 2022-03 |
| Price-Earning Ratio (PE) | 35.53 | Trailing Twelve Months Ending 2022-03 |
| Industry PE | 30.73 | Trailing Twelve Months Ending 2022-03 |
| Book Value / Share | 23.67 | Trailing Twelve Months Ending 2022-03 |
| Price to Book Value | 7.48 | Calculated using Price: 177.00 |
| Dividend Yield | 0.23 | Period Ending 2021-03 |
| No. of Shares Subscribed | 11.07 Cr. | 110,748,420 Shares |
| FaceValue | 2 | |
| Company Profile | ||
|
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 company’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 company’s products are sold in Indian cities like Mumbai, Balotra Bhilwara, Delhi, Ludhiana, Tirupur, Karur, Erode, etc. Milestones
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Company Profile
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 company’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 company’s products are sold in Indian cities like Mumbai, Balotra Bhilwara, Delhi, Ludhiana, Tirupur, Karur, Erode, etc.
Milestones
| 1 Day |
|
+2.75% |
| 1 Week |
|
+11.77% |
| 1 Month |
|
-19.54% |
| 3 Month |
|
+7.71% |
| 6 Month |
|
+50.54% |
| 1 Year |
|
+126.19% |
| 2 Year |
|
+652.39% |
| 5 Year |
|
+404.04% |
| 10 Year |
|
| 9 years | 2013-03 | 2014-03 | 2015-03 | 2016-03 | 2017-03 | 2018-03 | 2019-03 | 2020-03 | 2021-03 | |
| Return on Equity (%) | 14.74 | 12.72 | 20.69 | 23.52 | 28.53 | 19.31 | 16.52 | 8.71 | 23.51 | |
| Return on Capital Employed (%) | 18.81 | 17.44 | 28.01 | 33.92 | 37.14 | 27.16 | 22.86 | 13.54 | 29.35 | |
| Return on Assets (%) | 10.21 | 9.28 | 15.55 | 18.42 | 22.94 | 15.95 | 13.68 | 7.12 | 18.78 |
| Particulars | 10 years | 2013-03 Rs. Cr. | 2014-03 Rs. Cr. | 2015-03 Rs. Cr. | 2016-03 Rs. Cr. | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. | 2021-03 Rs. Cr. | 2022-03* Rs. Cr. |
| Shh. Funds | 58 | 65 | 76 | 91 | 112 | 136 | 159 | 170 | 209 | 262 | |
| Non Curr. Liab. | 3 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 2 | |
| Curr. Liab. | 17 | 18 | 19 | 18 | 20 | 19 | 29 | 31 | 50 | 68 | |
| Minority Int. | 4 | 4 | 5 | 5 | 7 | 6 | 6 | 6 | 7 | 7 | |
| Equity & Liab. | 81 | 87 | 100 | 114 | 140 | 161 | 195 | 207 | 267 | 340 | |
| Non Curr. Assets | 20 | 22 | 55 | 64 | 81 | 89 | 86 | 92 | 103 | 108 | |
| Curr. Assets | 62 | 65 | 45 | 50 | 59 | 72 | 108 | 115 | 164 | 232 | |
| Misc. Exp. not W/O | |||||||||||
| Total Assets | 81 | 87 | 100 | 114 | 140 | 161 | 195 | 207 | 267 | 340 |
| Particulars | 10 years | 2013-03 Rs. Cr. | 2014-03 Rs. Cr. | 2015-03 Rs. Cr. | 2016-03 Rs. Cr. | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. | 2021-03 Rs. Cr. | 2022-03 Rs. Cr. TTM |
| Net Sales | 96 | 87 | 102 | 110 | 127 | 141 | 182 | 196 | 219 | 368 | |
| Other Income | 3 | 3 | 5 | 2 | 10 | 5 | 1 | 2 | 17 | 6 | |
| Total Income | 98 | 89 | 107 | 112 | 137 | 146 | 183 | 198 | 236 | 374 | |
| Total Expenditure | -86 | -77 | -85 | -82 | -98 | -111 | -148 | -162 | -178 | -297 | |
| PBIDT | 12 | 12 | 21 | 30 | 39 | 35 | 35 | 36 | 58 | 77 | |
| Interest | -1 | 0 | 0 | 0 | 0 | -1 | -1 | -1 | -1 | -1 | |
| Depreciation | 0 | 0 | -1 | -1 | -1 | -1 | -1 | -1 | -1 | -3 | |
| Taxation | -3 | -3 | -6 | -9 | -9 | -10 | -9 | -8 | -11 | -16 | |
| Exceptional Items | 0 | 0 | -13 | ||||||||
| PAT | 8 | 8 | 15 | 20 | 29 | 24 | 24 | 14 | 45 | 57 | |
| Minority Interest | -1 | -1 | -2 | -3 | -3 | -1 | -2 | -1 | -2 | -2 | |
| Share Associate | |||||||||||
| Other Related Items | |||||||||||
| Consolidated Net Profit | 7 | 7 | 13 | 17 | 26 | 23 | 23 | 13 | 43 | 55 | |
| Adjusted EPS | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 1 | 4 | 5 |
| Particulars | 10 years | 2012-03 Rs. Cr. | 2013-03 Rs. Cr. | 2014-03 Rs. Cr. | 2015-03 Rs. Cr. | 2016-03 Rs. Cr. | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. | 2021-03 Rs. Cr. |
| Cash Fr. Operatn. | 5 | 4 | 1 | 14 | 14 | 19 | 6 | 12 | 28 | 9 | |
| Cash Fr. Inv. | -10 | 1 | 12 | -12 | -10 | -11 | -9 | 4 | -19 | -7 | |
| Cash Fr. Finan. | 3 | -3 | -4 | -3 | -1 | -6 | -4 | -3 | -4 | -4 | |
| Net Change | -2 | 2 | 9 | -1 | 2 | 2 | -7 | 13 | 5 | -2 | |
| Cash & Cash Eqvt | 1 | 3 | 12 | 9 | 9 | 8 | 4 | 17 | 23 | 21 |
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Wed, 18 May 2022
Resignation
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Tue, 17 May 2022
Resignation
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Fri, 13 May 2022
Related Party Transaction
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| Thu, 19 May 2022 |
Close Crossing Last Month Low
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Closing Below Previous Low
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Increasing Relative Strength - Sectoral Index
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High Decrease 1 Month
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High Increase 6 Months
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