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Last Updated: April 2, 2026, 2:54 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 533333 | NSE: FCL

Fineotex Chemical Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹24.82Undervalued by 19.33%vs CMP ₹20.80

P/E (25.0) × ROE (18.4%) × BV (₹6.72) × DY (0.38%)

₹14.61Overvalued by 29.76%vs CMP ₹20.80
MoS: -42.4% (Negative)Confidence: 63/100 (Moderate)Models: 1 Under, 8 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹27.6022%Under (+32.7%)
Graham NumberEarnings₹11.3416%Over (-45.5%)
Earnings PowerEarnings₹7.7011%Over (-63%)
DCFCash Flow₹15.0813%Over (-27.5%)
Net Asset ValueAssets₹6.677%Over (-67.9%)
EV/EBITDAEnterprise₹11.659%Over (-44%)
Earnings YieldEarnings₹8.507%Over (-59.1%)
ROCE CapitalReturns₹14.489%Over (-30.4%)
Revenue MultipleRevenue₹6.855%Over (-67.1%)
Consensus (9 models)₹14.61100%Overvalued
Key Drivers: Wide model spread (₹7–₹28) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 11.2%

*Investments are subject to market risks

Investment Snapshot

65
Fineotex Chemical Ltd scores 65/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health88/100 · Strong
ROCE 23.8% ExcellentROE 18.4% ExcellentD/E 0.01 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money50/100 · Moderate
FII holding up 0.44% (6mo) Slight increaseDII holding down 1.90% MF sellingPromoter holding at 62.3% Stable
Earnings Quality65/100 · Strong
OPM expanding (21% → 25%) Improving
Quarterly Momentum25/100 · Weak
Revenue (4Q): -10% YoY DecliningProfit (4Q): -20% YoY Declining
Industry Rank80/100 · Strong
P/E 25.0 vs industry 64.9 Cheaper than peersROCE 23.8% vs industry 13.0% Above peers3Y sales CAGR: 13% Moderate

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 2:54 am

Market Cap 2,428 Cr.
Current Price 20.8
Intrinsic Value₹14.61
High / Low 35.8/19.0
Stock P/E25.0
Book Value 6.72
Dividend Yield0.38 %
ROCE23.8 %
ROE18.4 %
Face Value 1.00
PEG Ratio2.23

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Fineotex Chemical Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Fineotex Chemical Ltd 2,428 Cr. 20.8 35.8/19.025.0 6.720.38 %23.8 %18.4 % 1.00
Grauer & Weil (India) Ltd 2,616 Cr. 57.7 111/49.718.6 22.00.87 %23.3 %17.6 % 1.00
Rossari Biotech Ltd 2,239 Cr. 404 768/37316.3 2260.12 %15.8 %12.2 % 2.00
Thirumalai Chemicals Ltd 2,171 Cr. 180 329/158 1270.00 %0.26 %4.13 % 1.00
Camlin Fine Sciences Ltd 1,951 Cr. 102 335/96.2822 46.30.00 %11.0 %15.0 % 1.00
Industry Average12,530.04 Cr712.4964.87182.870.55%12.98%25.40%6.41

All Competitor Stocks of Fineotex Chemical Ltd

Quarterly Result

MetricSep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales 134109138132145138153142146126120137138
Expenses 10981105101107981151071099299112107
Operating Profit 25293332384038353634212531
OPM % 19%26%24%24%26%29%25%25%25%27%18%18%23%
Other Income 2224454575898
Interest 0000001000000
Depreciation 1111112223233
Profit before tax 26293334404440384136263135
Tax % 21%23%22%22%22%24%24%22%21%24%24%21%26%
Net Profit 21222626313330293228202526
EPS in Rs 0.190.200.230.230.280.290.270.260.280.240.170.220.23

Last Updated: January 1, 2026, 7:36 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 24, 2026, 1:46 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 87102110127141182196219368517569533578
Expenses 77858298111148162178297404421406466
Operating Profit 91628293034354171113148127112
OPM % 11%16%26%23%21%19%18%19%19%22%26%24%19%
Other Income 3521051-111767172431
Interest 0000111111111
Depreciation 00111111346911
Profit before tax 112029383434225673115158141131
Tax % 30%28%31%24%29%28%35%20%22%22%23%23%
Net Profit 8152029242414455790121109101
EPS in Rs 0.060.110.160.230.200.200.120.380.500.801.080.940.85
Dividend Payout % 9%9%13%4%10%5%4%8%8%10%15%8%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)87.50%33.33%45.00%-17.24%0.00%-41.67%221.43%26.67%57.89%34.44%-9.92%
Change in YoY Net Profit Growth (%)0.00%-54.17%11.67%-62.24%17.24%-41.67%263.10%-194.76%31.23%-23.45%-44.36%

Fineotex Chemical Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:18%
5 Years:22%
3 Years:13%
TTM:-9%
Compounded Profit Growth
10 Years:26%
5 Years:40%
3 Years:25%
TTM:-15%
Stock Price CAGR
10 Years:27%
5 Years:50%
3 Years:-13%
1 Year:-35%
Return on Equity
10 Years:22%
5 Years:24%
3 Years:24%
Last Year:18%

Last Updated: September 5, 2025, 4:00 am

Balance Sheet

Last Updated: December 4, 2025, 1:14 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 11222222222222222222222323
Reserves 54546990113137147187240327425708756
Borrowings 4231523327500
Other Liabilities 19232026213435547567968398
Total Liabilities 88101114140161195208267339423548815878
Fixed Assets 14181927293641598499141179198
CWIP 00000015000218
Investments 16293947554852321789147330348
Other Assets 5854566677110114171238234260284323
Total Assets 88101114140161195208267339423548815878

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 1141419612289131079769
Cash from Investing Activity + 12-14-13-14-65-19-71-99-47-273
Cash from Financing Activity + -4-3-1-6-4-3-4-4-6-6-24176
Net Cash Flow 9-3-1-1-3146-28126-27
Free Cash Flow 0812144422-15-988491
CFO/OP 53%109%84%104%52%63%104%46%43%119%92%77%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow5.0014.0025.0028.0025.0032.0032.0038.0069.00106.00143.00127.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 928084847298100138110728979
Inventory Days 685666709784667998535575
Days Payable 8175758250707310196537966
Cash Conversion Cycle 7960757211911293116111726488
Working Capital Days 805873731141181071361257176104
ROCE %15%21%31%35%26%22%20%28%30%36%39%24%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Jan 2026
Promoters 65.04%65.04%65.04%65.03%64.46%62.88%62.87%62.88%62.89%62.89%62.57%62.30%
FIIs 0.75%0.72%0.82%1.45%0.92%3.28%3.36%2.84%2.51%2.35%2.53%2.95%
DIIs 3.65%3.86%3.69%3.70%3.68%3.63%3.61%3.71%3.17%1.63%1.28%1.27%
Public 30.56%30.39%30.46%29.83%30.93%30.20%30.17%30.58%31.44%33.13%33.62%33.49%
No. of Shareholders 1,13,4691,16,8011,16,0671,22,0951,26,6731,28,2681,29,0681,33,8991,36,8421,46,5221,64,4661,64,467

Shareholding Pattern Chart

No. of Shareholders

Fineotex Chemical Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Nippon India Small Cap Fund 14,829,218 0.05 33.117,788,1902025-12-15 03:04:08-16.63%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 2.002.002.002.002.00
Basic EPS (Rs.) 9.5310.827.974.973.84
Diluted EPS (Rs.) 9.5310.827.974.973.84
Cash EPS (Rs.) 10.3411.478.475.364.16
Book Value[Excl.RevalReserv]/Share (Rs.) 63.8340.9532.1224.3219.51
Book Value[Incl.RevalReserv]/Share (Rs.) 63.8340.9532.1224.3219.51
Revenue From Operations / Share (Rs.) 46.5551.3746.6833.2519.73
PBDIT / Share (Rs.) 13.2314.8910.836.935.24
PBIT / Share (Rs.) 12.4214.3510.446.705.11
PBT / Share (Rs.) 12.3314.2310.376.625.04
Net Profit / Share (Rs.) 9.5310.938.095.144.02
NP After MI And SOA / Share (Rs.) 9.4410.827.974.983.85
PBDIT Margin (%) 28.4128.9823.1920.8326.57
PBIT Margin (%) 26.6827.9222.3620.1525.89
PBT Margin (%) 26.4827.6922.2019.9025.56
Net Profit Margin (%) 20.4721.2717.3215.4420.39
NP After MI And SOA Margin (%) 20.2821.0517.0814.9819.49
Return on Networth / Equity (%) 14.7926.7925.3221.0420.34
Return on Capital Employeed (%) 19.0334.6332.2127.3426.03
Return On Assets (%) 13.2821.8520.8916.2515.94
Total Debt / Equity (X) 0.000.010.020.010.01
Asset Turnover Ratio (%) 0.781.171.361.210.61
Current Ratio (X) 3.893.203.513.413.30
Quick Ratio (X) 2.932.642.772.532.72
Inventory Turnover Ratio (X) 9.316.986.374.923.46
Dividend Payout Ratio (NP) (%) 4.2318.485.016.020.00
Dividend Payout Ratio (CP) (%) 3.9017.604.785.750.00
Earning Retention Ratio (%) 95.7781.5294.9993.980.00
Cash Earning Retention Ratio (%) 96.1082.4095.2294.250.00
Interest Coverage Ratio (X) 141.76123.87146.1383.1180.21
Interest Coverage Ratio (Post Tax) (X) 103.1791.90110.1562.6262.55
Enterprise Value (Cr.) 2598.434052.882534.051965.68704.98
EV / Net Operating Revenue (X) 4.877.124.905.343.23
EV / EBITDA (X) 17.1524.5721.1325.6212.14
MarketCap / Net Operating Revenue (X) 4.947.174.995.423.34
Retention Ratios (%) 95.7681.5194.9893.970.00
Price / BV (X) 3.609.137.407.613.48
Price / Net Operating Revenue (X) 4.947.174.995.423.34
EarningsYield 0.040.020.030.020.05

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Fineotex Chemical Ltd. is a Public Limited Listed company incorporated on 30/01/2004 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L24100MH2004PLC144295 and registration number is 144295. Currently Company is involved in the business activities of Manufacture of chemicals and chemical products. Company's Total Operating Revenue is Rs. 439.22 Cr. and Equity Capital is Rs. 22.92 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Chemicals - Speciality - Others42 & 43, Manorama Chambers, Mumbai Maharashtra 400050Contact not found
Management
NamePosition Held
Mr. Surendrakumar TibrewalaChairman & Managing Director
Mr. Sanjay TibrewalaExecutive Director & CFO
Mrs. Aarti JhunjhunwalaExecutive Director
Mrs. Bindu ShahIndependent Director
Dr. Sunil WaghmareIndependent Director
Mr. Alok DhanukaIndependent Director
Mr. Navin MittalIndependent Director
Dr. Amit Prabhakar PratapIndependent Director

FAQ

What is the intrinsic value of Fineotex Chemical Ltd and is it undervalued?

As of 10 April 2026, Fineotex Chemical Ltd's intrinsic value is ₹14.61, which is 29.76% lower than the current market price of ₹20.80, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (18.4 %), book value (₹6.72), dividend yield (0.38 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Fineotex Chemical Ltd?

Fineotex Chemical Ltd is trading at ₹20.80 as of 10 April 2026, with a FY2026-2027 high of ₹35.8 and low of ₹19.0. The stock is currently near its 52-week low. Market cap stands at ₹2,428 Cr..

How does Fineotex Chemical Ltd's P/E ratio compare to its industry?

Fineotex Chemical Ltd has a P/E ratio of 25.0, which is below the industry average of 64.87. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is Fineotex Chemical Ltd financially healthy?

Key indicators for Fineotex Chemical Ltd: ROCE of 23.8 % indicates efficient capital utilization; ROE of 18.4 % shows strong shareholder returns. Dividend yield is 0.38 %.

Is Fineotex Chemical Ltd profitable and how is the profit trend?

Fineotex Chemical Ltd reported a net profit of ₹109 Cr in Mar 2025 on revenue of ₹533 Cr. Compared to ₹57 Cr in Mar 2022, the net profit shows an improving trend.

Does Fineotex Chemical Ltd pay dividends?

Fineotex Chemical Ltd has a dividend yield of 0.38 % at the current price of ₹20.80. The company pays dividends, though the yield is modest.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Fineotex Chemical Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE