Fineotex Chemical Limited — Investor Meet, 21-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates
21-02-2026 | 04:01 pm
21-02-2026 | 04:01 pm
Fineotex Chemical's Q3 FY26 revenue grew 46% YoY to INR 190 Cr, with exports contributing 48%. The recent acquisition of CrudeChem, a US oilfield specialty chemical firm, significantly contributed approximately INR 50 Cr to Q3 revenue. Management projects CrudeChem's EBITDA margins to rise to double digits from historical ~7%. The textile sector is poised for recovery, boosted by new trade agreements. The company remains debt-free with a strong INR 340 Cr cash balance. Management is confident in its strategic expansion and targets $200 million revenue by 2030, with oil & gas forming 45-50% of total business. Operational efficiency is a core focus.
No comments yet. Be the first to comment!
