Chemical stock crashes after reporting weak Q4 results with 33% profit decline

This chemical stock nosedived 11 percent on Wednesday after reporting financial struggles during this year. In this article, we will look at the financial performance of this company.

With a market capitalization of Rs 2,637 crores, the shares of Fineotex Chemical Ltd are currently trading at Rs 230 per share, down by 47.6 percent from its 52-week high of Rs 439 per share.

Financial Highlights

Fineotex Chemical reported a consolidated revenue of Rs 533 crores in FY25, down 6.33 percent from Rs 569 crores in FY24. Additionally, on a year-on-year basis, revenue declined 21.57 percent to Rs 120 crores in Q4 FY25 from Rs 153 crores in Q4 FY24. On a quarterly basis, revenue declined by 4.76 percent from Rs 126 crores.

It reported a net profit of Rs 109 crores in FY25, down 9.92 percent from Rs 121 crores in FY24. On a year-on-year basis, net profit declined 33.33 percent to Rs 20 crores in Q4 FY25 from Rs 30 crores in Q4 FY24. On a quarterly basis, net profit declined by 28.57 percent from Rs 28 crores. Additionally, the company has announced a final dividend of Rs 0.40 per equity share, subject to the approval of members at the ensuing Annual General Meeting. 

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About the company

Fineotex Chemical Ltd is a prominent Indian multinational with operations in specialty performance chemicals. Fineotex Chemical offers sustainable technology-driven solutions to a variety of sectors including textiles, homecare, water treatment, and oil & gas. Fineotex has manufacturing units in Ambernath, Navi Mumbai, and in Selangor (Malaysia) and expects another plant in the coming months.

Fineotex operates in 69 countries with a total of 102 distributors. The company has an NABL-accredited R&D laboratory specializing in local innovation and sustainable, environmentally friendly solutions specifically for global constraints and demands.

Written by Satyajeet Mukherjee

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