| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 125.92 | 13.6% |
| Total Income | 130.91 | 14.2% |
| Expenditure | 94.42 | 15.6% |
| PBT | 36.48 | 10.4% |
| Net Profit | 27.83 | 13.2% |
| OPM | 22.80% | 1.38pp |
| NPM | 21.26% | 0.25pp |
| EPS | 2.43 | 13.2% |
Fineotex Chemical Reports 0.5% YoY Growth in Total Income for 9M FY25; Operating EBITDA Maintained at 25.62%
13 Feb 2025 · 13 Feb 2025, 01:36 am
Summary
Fineotex Chemical Limited, a speciality chemical producing public listed company, announced its unaudited financial results for the third quarter and nine months ended December 31, 2024. The company reported a 0.5% year on year growth in total income for the nine months ended December 2024, standing at Rs. 430.31 crore. The operating EBITDA was maintained at Rs. 105.94 crore with a healthy margin of 25.62%. The board approved an interim dividend of Rs 0.40 per equity share, amounting to Rs 4.58 crore. The company's new businesses in oil & gas and water treatment are growing with a strong order pipeline. Despite a challenging environment, the company remains confident of its targets, with innovation and sustainability at the core of its business.
Key Highlights
- 1
Total Income at Rs. 430.31 crore for 9M FY25
- 2
Operating EBITDA maintained at Rs. 105.94 crore with 25.62% margin
- 3
Interim Dividend of Rs 0.40 per equity share approved
- 4
New businesses in oil & gas and water treatment growing with strong order pipeline
- 5
Company remains confident of its targets despite a challenging environment
Management Comments
Sanjay Tibrewala
Executive Director, Fineotex Chemical Limited
The Company's performance for the nine months of FY25 remained stable despite a challenging environment with muted demand in the FMCG space, one of the key sectors that we cater to. Our guidance for revenue and profitability is intact. Revenue for the quarter was impacted by low volumes due to order postponements by a few customers. However, there has been no loss of customers, as demand fundamentals remain strong. While the FMCG segment experienced lesser demand in the quarter, which we foresee to boost in the forthcoming quarter, the textiles vertical is doing well. In fact in the textiles business, we added 30 new customers in Q3FY25. As India’s long-term growth trajectory remains intact with growth oriented budget and liquidly boosting by RBI, we are confident of our targets. Our diversification into new products, such as oil & gas and water treatment, is progressing well, with a strong order pipeline expanding across geographies. Additionally, our upcoming plant remains on track and is expected to be operational by Q2FY26, further enhancing our manufacturing capabilities. With innovation at the core of our business, new solutions like AquaStrike Premium reinforce our commitment to sustainability and global market expansion. During the quarter, we developed 15 new products increasing our product offerings. We remain committed to creating long-term value and will be issuing a dividend, reflecting our confidence in the company’s financial health. We see this slackness as an opportunity to grab the good targets for our inorganic growth opportunities, with our earmarked cash funds of more than 300 crores. The outlook remains positive, our revenue and profitability guidance are intact.
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