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- Fineotex Chemical Q1 Results Revenue Decline to ₹14,190.06 Lakhs, Net Profit at ₹2,908.28 Lakhs
Fineotex Chemical Q1 Results Revenue Decline to ₹14,190.06 Lakhs, Net Profit at ₹2,908.28 Lakhs
Fineotex Chemical's Q1 Results revealed a 7.26% QoQ decline in revenue to ₹14,190.06 lakhs, a total income decrease of 7.31% to ₹14,677.56 lakhs, and a 3.8% YoY drop in net profit to ₹2,908.28 lakhs, with the operating margin at 25%, down by 1.86%.
by Madhumitha
Updated Sep 09, 2024
Table of Content
Fineotex Chemical's Q1 Results: Fineotex Chemicals declared their Q1 results for the financial year 2024-2025 on 9th August 2024. The company's revenue from operations stood at ₹14,190.06 lakhs, marking a 7.26% decline quarter-over-quarter (QoQ) compared to ₹15,301.72 lakhs in the previous quarter.
Other income also rose slightly by 17.6% QoQ from ₹414.60 lakhs to ₹487.50 lakhs. The overall expenses were reported as ₹10,914.17 lakhs, reflecting a 6.8% decrease in QoQ from ₹11,716.25 lakhs in the previous quarter.
On a year-over-year (YoY) basis, Fineotex Chemicals showed mixed performance. The profit before tax dropped by 5.9% YoY to ₹3,763.39 lakhs, down from ₹4,000.07 lakhs in the same quarter last year.
The company's net profit for Q1 2024-2025 stood at ₹2,908.28 lakhs, which represents a marginal 3.8% decline compared to ₹3,023.42 lakhs in the previous quarter (QoQ). Despite these challenges, earnings per share decreased slightly, standing at ₹2.56 for the quarter, down from ₹2.72 QoQ.
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Fineotex Chemical Q1 Results 2024-2025
Fineotex Chemicals released its Q1 results for the financial year 2024-2025 on 9th August 2024. The company experienced a mixed performance with a slight decline in revenue and profit compared to the previous quarter and year-over-year.
| Particulars | Q1 FY2024-25 (30-06-2024) | Q4 FY2023-24 (31-03-2024) |
|---|---|---|
| Revenue from Operations (₹ in lakhs) | 14,190.06 | 15,301.72 |
| Other Income (₹ in lakhs) | 487.50 | 414.60 |
| Total Income (₹ in lakhs) | 14,677.56 | 15,716.32 |
| Cost of Materials Consumed (₹ in lakhs) | 9,299.06 | 9,560.00 |
| Total Expenses (₹ in lakhs) | 10,914.17 | 11,716.25 |
| Profit Before Tax (₹ in lakhs) | 3,763.39 | 4,000.07 |
| Net Profit (₹ in lakhs) | 2,908.28 | 3,023.42 |
| Depreciation & Amortization (₹ in lakhs) | 224.87 | 185.04 |
| Earnings Per Share (₹) | 2.56 | 2.72 |
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Fineotex Chemical Current Market Overview
Fineotex Chemical is currently trading at ₹365 per share, showing a small decrease of 0.31% as of 9th September. The company is listed on both the BSE and NSE with a market capitalization of ₹4,047 crore. Over the past year, the stock has fluctuated between a high of ₹459 and a low of ₹281.
With a price-to-earnings ratio of 33.0, Fineotex provides a dividend yield of 0.44%. The company demonstrates strong financial performance, with a return on capital employed (ROCE) of 38.7% and a return on equity (ROE) of 30.1%.
| Metric | Value |
|---|---|
| Current Price | ₹365 |
| Change | -0.31% |
| Date & Time | 09 Sep, 1:23 p.m. |
| Market Cap | ₹4,047 Cr. |
| Stock P/E Ratio | 33.0 |
| Book Value | ₹40.4 |
| Dividend Yield | 0.44% |
| ROCE | 38.7% |
| ROE | 30.1% |
| Face Value | ₹2.00 |
Quarterly Results
Here is a summary of Fineotex Chemical’s quarterly results for December 2023, March 2024, and June 2024:
| Metric | Dec 2023 | Mar 2024 | Jun 2024 |
|---|---|---|---|
| Sales (₹ Cr.) | 138 | 153 | 142 |
| Expenses (₹ Cr.) | 98 | 115 | 107 |
| Operating Profit (₹ Cr.) | 40 | 38 | 35 |
| Operating Profit Margin (OPM %) | 29% | 25% | 25% |
| Other Income (₹ Cr.) | 5 | 4 | 5 |
| Interest (₹ Cr.) | 0 | 1 | 0 |
| Depreciation (₹ Cr.) | 1 | 2 | 2 |
| Profit Before Tax (₹ Cr.) | 44 | 40 | 38 |
| Tax % | 24% | 24% | 22% |
| Net Profit (₹ Cr.) | 33 | 30 | 29 |
| EPS (₹) | 2.95 | 2.72 | 2.60 |
About Fineotex Chemical
Fineotex Chemicals is a company established in 1979 that specializes in manufacturing chemicals for various industries, including textiles, construction, water treatment, and paints. The company produces over 470 different products, such as specialty chemicals used in textile processes like dyeing, printing, and finishing.
Fineotex also offers home care products like disinfectants, detergents, and sanitizers. With its strong presence in more than 70 countries, Fineotex has built a solid reputation for providing high-quality, customized chemical solutions across different sectors. Their R&D activities are led by their subsidiary, Biotex Malaysia.
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Fineotex Chemical Q1 Results- FAQs
1. What is Fineotex Chemicals' revenue from operations for Q1 FY2024-25?
Fineotex Chemicals' revenue from operations for Q1 FY2024-25 is ₹14,190.06 lakhs.
2. What was the revenue from operations for Fineotex Chemicals in Q4 FY2023-24?
Fineotex Chemicals' revenue from operations in Q4 FY2023-24 was ₹15,301.72 lakhs.
3. How much did Fineotex Chemicals' other income increase in Q1 FY2024-25?
Fineotex Chemicals' other income increased by ₹72.90 lakhs in Q1 FY2024-25.
4. What were the total expenses for Fineotex Chemicals in Q1 FY2024-25?
The total expenses for Fineotex Chemicals in Q1 FY2024-25 were ₹10,914.17 lakhs.
5. How do Fineotex Chemicals' total expenses in Q1 FY2024-25 compare to Q4 FY2023-24?
Fineotex Chemicals' total expenses in Q1 FY2024-25 were lower than in Q4 FY2023-24.
6. What is the profit before tax for Fineotex Chemicals in Q1 FY2024-25?
The profit before tax for Fineotex Chemicals in Q1 FY2024-25 is ₹3,763.39 lakhs.
7. How does Fineotex Chemicals' profit before tax in Q1 FY2024-25 compare to Q4 FY2023-24?
Fineotex Chemicals' profit before tax decreased from ₹4,000.07 lakhs in Q4 FY2023-24 to ₹3,763.39 lakhs in Q1 FY2024-25.
8. What is the net profit for Fineotex Chemicals in Q1 FY2024-25?
The net profit for Fineotex Chemicals in Q1 FY2024-25 is ₹2,908.28 lakhs.
9. What was the net profit for Fineotex Chemicals in Q4 FY2023-24?
Fineotex Chemicals' net profit in Q4 FY2023-24 was ₹3,023.42 lakhs.
10. How much did Fineotex Chemicals' earnings per share decrease in Q1 FY2024-25?
Fineotex Chemicals' earnings per share decreased to ₹2.56 in Q1 FY2024-25.