Fineotex Chemical Limited (IN:FCL)
:FCL
Want to see IN:FCL full AI Analyst Report?
Top Page
Fineotex Chemical Limited
(FCL)
Select Model
Select Model
Rating:71Outperform
Price Target:
₹35.00
▲(42.92% Upside)
Action:Reiterated
Date:05/22/26
The score is primarily driven by strong profitability and a very healthy balance sheet, partially offset by weak cash conversion (negative operating/free cash flow in FY2026). Technically, the trend is strong but overbought signals raise near-term risk, while valuation appears broadly reasonable with a low dividend yield.
Positive Factors
Strong revenue growth and profitability
Sustained, large revenue expansions and consistently healthy net margins indicate durable product demand and pricing power in specialty formulations. This supports long-term earnings capacity, funds reinvestment, and underpins operating leverage if growth sustains across textile and export markets.
Negative Factors
Weak and worsening cash generation
Negative operating and free cash flow despite reported profit growth is a structural risk: it signals working-capital strain or heavy reinvestment that consumes liquidity. Over months, this can limit self-funded expansion, increase reliance on financing, and constrain shareholder returns.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong revenue growth and profitability
Sustained, large revenue expansions and consistently healthy net margins indicate durable product demand and pricing power in specialty formulations. This supports long-term earnings capacity, funds reinvestment, and underpins operating leverage if growth sustains across textile and export markets.
Read all positive factors
Fineotex Chemical Limited (FCL) vs. iShares MSCI India ETF (INDA)
Market Cap
₹36.67B
Dividend Yield0.65%
Average Volume (3M)239.10K
Price to Earnings (P/E)17.7
Beta (1Y)1.33
Revenue Growth44.79%
EPS Growth14.20%
CountryIN
Employees205
SectorBasic Materials
Sector Strength58
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)6.60
Shares Outstanding1,164,500,900
10 Day Avg. Volume23,734
30 Day Avg. Volume239,105
Financial Highlights & Ratios
PEG Ratio-0.20
Price to Book (P/B)2.18
Price to Sales (P/S)2.49
P/FCF Ratio-40.31
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)1.1
Revenue Forecast (FY)₹6.80B
Fineotex Chemical Limited Business Overview & Revenue Model
Company Description
Fineotex Chemical Limited manufactures and sells textile chemicals, and auxiliary and specialty chemicals in India and internationally. The company provides specialty textile chemicals for pretreatment, dyeing, printing, and finishing processes; w...
How the Company Makes Money
FCL makes money primarily by selling specialty chemicals (manufactured in-house) to industrial customers, with revenue recognized from the sale of these products. The core revenue stream is the textile segment: FCL supplies textile auxiliaries and...
Fineotex Chemical Limited Financial Statement Overview
Summary
Income Statement
84
Very Positive
Balance Sheet
91
Very Positive
Cash Flow
52
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 5.20B | 7.72B | 5.33B | 5.69B | 5.17B | 3.67B |
| Gross Profit | 1.94B | 2.01B | 2.06B | 2.17B | 1.78B | 1.30B |
| EBITDA | 1.41B | 1.35B | 1.52B | 1.65B | 1.13B | 767.24M |
| Net Income | 984.00M | 1.09B | 1.08B | 1.20B | 883.16M | 551.74M |
Balance Sheet | ||||||
| Total Assets | 8.78B | 11.59B | 8.15B | 5.48B | 4.22B | 3.39B |
| Cash, Cash Equivalents and Short-Term Investments | 640.69M | 732.33M | 330.01M | 735.06M | 611.90M | 308.35M |
| Total Debt | 297.00K | 81.96M | 2.17M | 51.90M | 72.80M | 19.08M |
| Total Liabilities | 898.43M | 2.19B | 757.59M | 945.90M | 659.02M | 700.96M |
| Stockholders Equity | 7.79B | 8.82B | 7.31B | 4.47B | 3.49B | 2.62B |
Cash Flow | ||||||
| Free Cash Flow | 81.22M | -476.20M | -73.46M | 494.76M | 887.62M | -91.37M |
| Operating Cash Flow | 200.95M | -222.29M | 693.34M | 973.81M | 1.08B | 133.75M |
| Investing Cash Flow | -51.66M | 987.46M | -2.73B | -468.50M | -1.03B | -7.44M |
| Financing Cash Flow | -49.37M | -611.54M | 1.76B | -239.11M | -64.39M | -56.59M |
Fineotex Chemical Limited Technical Analysis
Positive
24.49
Price Trends
24.04
Positive
23.79
Positive
24.22
Positive
Market Momentum
2.47
Negative
70.30
Negative
72.88
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:FCL, the sentiment is Positive. The current price of 24.49 is below the 20-day moving average (MA) of 26.96, above the 50-day MA of 24.04, and above the 200-day MA of 24.22, indicating a bullish trend. The MACD of 2.47 indicates Negative momentum. The RSI at 70.30 is Negative, neither overbought nor oversold. The STOCH value of 72.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:FCL.
Fineotex Chemical Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | ₹42.16B | 13.17 | ― | ― | 17.03% | 57.02% | |
71 Outperform | ₹36.67B | 17.65 | ― | 0.65% | 44.79% | 14.20% | |
71 Outperform | ₹40.21B | 22.96 | ― | 0.39% | 24.33% | 25.04% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
57 Neutral | ₹23.75B | 0.22 | ― | ― | -19.38% | 1266.07% | |
55 Neutral | ₹12.42B | 32.51 | ― | ― | ― | ― | |
45 Neutral | ₹25.65B | -15.05 | ― | 0.43% | -11.11% | -340.74% |
* Basic Materials Sector Average
IN:FCL
Fineotex Chemical Limited
33.24
9.39
39.37%
IN:KIRIINDUS
Kiri Industries Limited
398.55
-279.15
-41.19%
IN:MANINDS
Man Industries (India) Limited
569.70
216.00
61.07%
IN:MOL
Meghmani Organics Limited
50.43
-29.63
-37.01%
IN:RAMRAT
Ram Ratna Wires Limited
433.25
96.86
28.79%
IN:TIRUMALCHM
Thirumalai Chemicals Limited
208.45
-42.00
-16.77%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.