Asish Kacholia’s portfolio multibagger stock-Fineotex Chemical Ltd, announces 4:1 bonus share & 1:2 stock split
DSIJ Intelligence-1 / 27 Oct 2025/ Categories: Bonus and Spilt Shares, Multibaggers, Trending
The stock is up by 35.4 per cent from its 52-week low of Rs 192.05 per share and has given multibagger returns of over 700 per cent in 5 years.
Fineotex Chemical Limited informed that an Extraordinary General Meeting (EGM) of the Company was held on Saturday, October 25, 2025, at 03:00 PM (IST) via Video Conferencing/OAVM, where all resolutions, including the increase in Authorized Share Capital, the Sub-Division/Split of one equity share of Rs 2 face value into two equity shares of Re 1 face value each (a 1:2 split), and the Issue of bonus Shares in the ratio of 4:1 (four bonus shares for every one existing share) were transacted and overwhelmingly approved; the consolidated results of remote e-voting and e-voting at the EGM, scrutinized by Mr. Hemant Shetye, indicate that all three agenda items were passed with a near-unanimous 99.99 per cent of valid votes cast in favour..
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About the Company
Fineotex Chemical Limited is a leading Indian multinational producer of speciality performance chemicals, offering sustainable, technology-driven solutions for industries such as textile and garment processing, home care, water treatment and oil & gas. With advanced manufacturing facilities in Ambernath (India) and Selangor (Malaysia) and a new plant planned for Ambernath, Fineotex is committed to innovation and sustainability. The company serves clients in approximately 70 countries through an extensive network of over 103 dealers and distributors in India, supported by an NABL-accredited R&D laboratory. Fineotex consistently delivers innovative, reliable and eco-friendly solutions to meet global market demands.
Fineotex Chemical's Quarterly Results show a strong financial performance, with consolidated total income rising 14.8 per cent quarter-on-quarter to Rs 146.22 crore. This was driven by solid performance in its textile chemicals and oil & gas businesses. The company's operational efficiency is highlighted by an 18.3 per cent increase in EBITDA to Rs 25.20 crore and a 24.3 per cent jump in net profit to Rs 25.03 crore. Additionally, Fineotex completed a Rs 60 crore expansion project, commissioning a new manufacturing facility that adds 15,000 MTPA to its capacity to meet growing demand.
For the full fiscal year 2025 (FY25), the company reported net sales of Rs 533 crore, down from Rs 569 crore in FY24. Net profit for FY25 also saw a decline, reaching Rs 109 crore compared to Rs 121 crore in FY24. The company has a market cap of over Rs 2,900 crore with an ROE of 18 per cent and an ROCE of 24 per cent. The stock is up by 35.4 per cent from its 52-week low of Rs 192.05 per share and has given multibagger returns of over 700 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.