Why is Fineotex Chemical Ltd ?
1
High Management Efficiency with a high ROE of 20.06%
2
The company is Net-Debt Free
3
With a growth in Net Sales of 70.77%, the company declared Very Positive results in Mar 26
- NET SALES(Q) Highest at Rs 313.73 cr
- PBDIT(Q) Highest at Rs 43.69 cr.
- PBT LESS OI(Q) Highest at Rs 38.66 cr.
4
Majority shareholders : Promoters
5
Market Beating Performance
- Even though the market (BSE500) has generated negative returns of -1.70% in the last 1 year, the stock has been able to generate 25.03% returns
How much should you buy?
- Overall Portfolio exposure to Fineotex Chem should be less than 10%
- Overall Portfolio exposure to Specialty Chemicals should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Specialty Chemicals)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Fineotex Chem for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Fineotex Chem
24.69%
0.49
51.14%
Sensex
-7.94%
-0.60
13.04%
Quality key factors
Factor
Value
Sales Growth (5y)
28.72%
EBIT Growth (5y)
25.44%
EBIT to Interest (avg)
96.87
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
-0.07
Sales to Capital Employed (avg)
1.13
Tax Ratio
18.32%
Dividend Payout Ratio
8.47%
Pledged Shares
0
Institutional Holding
4.20%
ROCE (avg)
27.03%
ROE (avg)
20.06%
Valuation Key Factors 
Factor
Value
P/E Ratio
33
Industry P/E
42
Price to Book Value
4.03
EV to EBIT
28.79
EV to EBITDA
25.92
EV to Capital Employed
4.27
EV to Sales
4.52
PEG Ratio
NA
Dividend Yield
0.39%
ROCE (Latest)
14.84%
ROE (Latest)
12.33%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bullish
RSI
Bearish
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Bullish
Mildly Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
No Trend
Bullish
Technical Movement
25What is working for the Company
NET SALES(Q)
Highest at Rs 313.73 cr
PBDIT(Q)
Highest at Rs 43.69 cr.
PBT LESS OI(Q)
Highest at Rs 38.66 cr.
PAT(Q)
Highest at Rs 31.61 cr.
EPS(Q)
Highest at Rs 0.54
-4What is not working for the Company
INVENTORY TURNOVER RATIO(HY)
Lowest at 4.99 times
DEBTORS TURNOVER RATIO(HY)
Lowest at 2.66 times
Loading Valuation Snapshot...
Here's what is working for Fineotex Chem
Net Sales - Quarterly
At Rs 313.73 cr has Grown at 117.0% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 144.57 CrMOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Net Sales - Quarterly
Highest at Rs 313.73 cr and Grown
each quarter in the last five quartersMOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 43.69 cr. and Grown
each quarter in the last five quartersMOJO Watch
Near term Operating Profit trend is quite positive
Operating Profit (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 38.66 cr. and Grown
each quarter in the last five quartersMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 38.66 cr has Grown at 54.4% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 25.04 CrMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 31.61 cr. and Grown
each quarter in the last five quartersMOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 31.61 cr has Grown at 30.2% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 24.28 CrMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 0.54
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
Here's what is not working for Fineotex Chem
Inventory Turnover Ratio- Half Yearly
Lowest at 4.99 times and Fallen
each half year in the last five half yearly periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio
Debtors Turnover Ratio- Half Yearly
Lowest at 2.66 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio
Non Operating Income - Quarterly
Highest at Rs 9.46 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income






