Fineotex Chemical Ltd

Dixon Technologies (India) Ltd, Newgen Software Technologies Ltd, Repco Home Finance Ltd and Jai Corp Ltd are among the other losers in the BSE's 'A' group today, 21 May 2025.Fineotex Chemical Ltd lost 9.56% to Rs 232.75 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 2.37 lakh shares were traded on the counter so far as against the average daily volumes of 31495 shares in the past one month.Dixon Technologies (India) Ltd tumbled 6.00% to Rs 15572.5. The stock was the second biggest loser in 'A' group.On the BSE, 1.26 lakh shares were traded on the counter so far as against the average daily volumes of 31688 shares in the past one month.Newgen Software Technologies Ltd crashed 5.67% to Rs 1266.9. The stock was the third biggest loser in 'A' group.On the BSE, 2.72 lakh shares were traded on the counter so far as against the average daily volumes of 1.92 lakh shares in the past one month.Repco Home Finance Ltd corrected 5.02% to Rs 397. The stock was the fourth biggest loser in 'A' group.On the BSE, 28012 shares were traded on the counter so far as against the average daily volumes of 28343 shares in the past one month.Jai Corp Ltd dropped 5.00% to Rs 108.73. The stock was the fifth biggest loser in 'A' group.On the BSE, 2.33 lakh shares were traded on the counter so far as against the average daily volumes of 1.16 lakh shares in the past one month.Powered by Capital Market - Live

Fineotex Chemical announced that the Board of Directors of the Company at its meeting held on 20 May 2025, inter alia, have recommended the final dividend of Rs 0.4 per equity Share (i.e. 20%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Fineotex Chemical declined 33.68% to Rs 19.97 crore in the quarter ended March 2025 as against Rs 30.11 crore during the previous quarter ended March 2024. Sales declined 21.72% to Rs 119.79 crore in the quarter ended March 2025 as against Rs 153.02 crore during the previous quarter ended March 2024. For the full year,net profit declined 9.68% to Rs 108.21 crore in the year ended March 2025 as against Rs 119.81 crore during the previous year ended March 2024. Sales declined 6.26% to Rs 533.33 crore in the year ended March 2025 as against Rs 568.97 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales119.79153.02 -22 533.33568.97 -6 OPM %17.7625.02 -23.8526.08 - PBDT28.4341.85 -32 150.46163.59 -8 PBT26.4240.00 -34 141.24157.57 -10 NP19.9730.11 -34 108.21119.81 -10 Powered by Capital Market - Live

Fineotex Chemical will hold a meeting of the Board of Directors of the Company on 20 May 2025.Powered by Capital Market - Live

Fineotex Chemical (FCL) has been awarded the prestigious Commitment Badge by EcoVadis, a globally recognized body for business sustainability ratings. This accolade highlights FCL's dedication and commitment to sustainability, ethical practices, and responsible manufacturing. The evaluation assessed Fineotex's performance across four key pillars'Environment, Labor & Human Rights, Ethics, and Sustainable Procurement'highlighting the company's commitment to integrating sustainable practices into its core business operations. Additionally, this recognition underscores FCL's unwavering focus on Environmental, Social, and Governance (ESG) principles, further solidifying its position as a responsible corporate entity. Powered by Capital Market - Live

Fineotex Chemical has announced that its revolutionary biotechnology-based mosquito control solution, AquaStrike Premium (formulation based on Azadirachtin), through its wholly owned subsidiary FSPL has received approval from the Central Insecticide Board, Government of India for technical import and formulation under Insecticides Act, 1968. The approval strengthens FCL's commitment to public health and environmental sustainability in India. This milestone underscores the product's effectiveness as a non-toxic, eco-friendly, and highly efficient alternative to conventional mosquito control methods and also lead to water preservation. Developed in Malaysia with European design engineering, the product Aquastrike Premium has undergone rigorous testing in WHO-approved laboratories and holds multiple international certifications. Unlike traditional insecticides, this odorless and invisible liquid solution is simply sprinkled onto water surfaces, eliminating the need for gaseous spraying. Its innovative formulation not only eradicates mosquito larvae but also preserves water quality, making it a cost-effective and sustainable alternative to chemical-based insecticides. It has received multiple international approvals, including recognition from the Ministry of Health in Malaysia, a Non-Pesticide classification by the Malaysian Pesticide Board and is also approved by Singapore's Public Utility Board. Powered by Capital Market - Live

In the third quarter of FY25, the profit before tax (PBT) fell by 16.25% year on year (YoY) to Rs 36.48 crore. The company's consolidated operational EBITDA stood at Rs 34.29 crore in Q3 FY25. EBITDA Margin was at 27.2% in Q3 FY25. Total expenses declined 5.40% YoY to Rs 94.42 crore in the quarter ended 31 December 2024. Cost of materials consumed was at Rs 79.30 crore (up 0.48% YoY), and employee benefits expense was at Rs 6.05 crore (up 11% YoY) during the period under review. Sanjay Tibrewala, executive director, Fineotex Chemical, said, 'The company's performance for the nine months of FY25 remained stable despite a challenging environment with muted demand in the FMCG space, one of the key sectors that we cater to. Our guidance for revenue and profitability is intact. Revenue for the quarter was impacted by low volumes due to order postponements by a few customers. However, there has been no loss of customers, as demand fundamentals remain strong. While the FMCG segment experienced lesser demand in the quarter, which we foresee to boost in the forthcoming quarter, the textiles vertical is doing well. In fact, in the textiles business, we added 30 new customers in Q3FY25. As India's long-term growth trajectory remains intact with a growth-oriented budget and liquidly boosted by the RBI, we are confident of our targets. Our diversification into new products, such as oil , our revenue and profitability guidance are intact.' Meanwhile, the board has declared an interim dividend of Rs 0.40 per equity share aggregating to Rs 4.58 crore. The record date for dividend is fixed as 18 February 2025 and will be paid on or before 14 March 2025. Fineotex Chemical is a specialty chemicals manufacturer that produces a range of products for various industries, including the oil and gas industry. Shares of Fineotex Chemical added 2.02% to currently trade at Rs 285.75 on the BSE.Powered by Capital Market - Live

Fineotex Chemical has fixed 18 February 2025 as record date for interim dividend of Rs 0.40 per equity share. The dividend will be paid on or before 14 March 2025. Powered by Capital Market - Live

Fineotex Chemical announced that the Board of Directors of the Company at its meeting held on 12 February 2025, inter alia, have recommended the interim dividend of Rs 0.4 per equity Share (i.e. 20%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Fineotex Chemical declined 15.43% to Rs 27.63 crore in the quarter ended December 2024 as against Rs 32.67 crore during the previous quarter ended December 2023. Sales declined 9.05% to Rs 125.92 crore in the quarter ended December 2024 as against Rs 138.45 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales125.92138.45 -9 OPM %27.2329.14 - PBDT39.0744.99 -13 PBT36.4843.56 -16 NP27.6332.67 -15 Powered by Capital Market - Live