Ashish Kacholia holds 2.74 per cent stake: Specialty chemical stock zooms over 4 per cent after announcing Q1FY26 results and capex plan
DSIJ Intelligence-1Categories: Multibaggers, Trending
The stock is up by 24 per cent from its 52-week low of Rs 192.05 per share and has given multibagger returns of over 600 per cent in 5 years.
Fineotex Chemical Limited (FCL), a leading Indian multinational specialty performance chemical manufacturer, announced impressive unaudited financial results for the first quarter ended June 30th, 2025. The company reported a consolidated total income of Rs 146.22 crore, demonstrating a 14.8 per cent quarter-on-quarter (QoQ) increase. This growth was fueled by stable performance in the textile chemicals segment and robust momentum in its oil & gas businesses. Overall consolidated business volumes also saw a significant rise of approximately 14.73 per cent QoQ, reflecting strong demand across various geographies and product lines. Fineotex achieved a gross profit of Rs 45.96 crore, maintaining a healthy 33.53 per cent margin. Furthermore, EBITDA increased by 18.3 per cent QoQ to Rs 25.20 crore, and net profit (PAT) grew by an impressive 24.3 per cent QoQ to Rs 25.03 crore, underscoring the company's operational efficiency and disciplined cost management.
In terms of operational highlights, FCL successfully commissioned a new state-of-the-art manufacturing facility, which added 15,000 MTPA to its production capacity. This Rs 60 crore expansion, financed through a combination of internal accruals and capital raised, was completed within its planned timeline and budget, aiming to cater to the increasing demand for specialty chemicals in both domestic and international markets. Additionally, the company approved the grant of an additional 58,797 stock options at a face value of Rs 2/- to eligible employees, pursuant to the exercise of vested Employee Stock Options.
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About the Company
Fineotex Chemical Limited is a leading Indian multinational producer of specialty 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.
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. An ace investor, Ashish Kacholia, holds 31,35,568 shares or a 2.74 per cent stake in the company as of June 2025. The company has a market cap of over Rs 2,700 crore with an ROE of 18 per cent and an ROCE of 24 per cent. The stock is up by 24 per cent from its 52-week low of Rs 192.05 per share and has given multibagger returns of over 600 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.