FINEOTEX CHEMICAL chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 33.17
Dividend & Yield0.30₹ (0.17%)
Beta 1.87
Market capitalization 20.5B
Operating cash flow 133.46M
ESG Scores unknown

Company description

Fineotex Chemical Limited manufactures and sells textile chemicals, and auxiliary and specialty chemicals in India and internationally. The company offers specialty textile chemicals for pretreatment, dyeing, printing, and finishing processes; and water treatment chemicals, paper adhesives, and defoamers, as well as various chemicals, such as benzalkonium chloride (BKC), barite, hematite, magnesium chloride, and calcium chloride for oil and gas industry. It also provides public health chemicals which include cleaners and disinfectants comprising BKC, white phenyl, liquid detergent, detergent cake, hand sanitizer, and multi surface disinfectant liquid; agrochemicals; and cleaning and hygiene products. The company was founded in 1979 and is headquartered in Mumbai, India.

Sector: Basic Materials - Industry: Specialty Chemicals

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 100.39M 10.98M 134.58M 219.38M
Total Cashflows From Investing Activities 41.82M -190.09M -65.32M -7.44M
Net Borrowings -1.15M -1.02M
Total Cash From Financing Activities -34.38M -38.78M -44.42M -56.59M
Change To Operating Activities 23.29M 2.59M -6.77M -50.54M
Issuance Of Stock
Net Income 225.24M 130.76M 425.88M 551.74M
Change In Cash 135.82M 58.52M -24.28M 83.57M
Effect Of Exchange Rate 8.21M 3.83M -7.14M 14.14M
Total Cash From Operating Activities 120.16M 283.57M 92.59M 133.46M
Depreciation 10.02M 11.69M 14.75M 25.13M
Change To Account Receivables -212.12M -47.15M -288.24M -282.33M
Other Cashflows From Financing Activities -33.24M -21.06M -12.8M -6.76M
Change To Netincome 13.24M 134.7M -110.93M -21.53M
Capital Expenditures -78.49M -62.7M -242.07M -225.12M

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 336.31M 219.61M 558.64M 732.88M
Net Income 225.24M 130.76M 425.88M 551.74M
Selling General Administrative 88.65M 105.22M 105.32M 135.75M
Gross Profit 641.45M 726.29M 767.44M 1.39B
Ebit 334.47M 336.17M 397.58M 742.11M
Operating Income 334.47M 336.17M 397.58M 742.11M
Interest Expense -3.73M -1.32M -1.83M -9.23M
Income Tax Expense 92.98M 76.51M 113.08M 163.98M
Total Revenue 1.82B 1.96B 2.19B 3.74B
Cost Of Revenue 1.18B 1.24B 1.42B 2.35B
Total Other Income ExpenseNet 1.84M -116.56M 161.06M -9.23M
Net Income From Continuing Ops 243.33M 143.1M 445.56M 568.9M
Net Income Applicable To Common Shares 225.24M 130.76M 425.88M 551.74M

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 302.55M 318.68M 509.9M 702.58M
Total Stockholder Equity 1.59B 1.7B 2.09B 2.62B
Other Current Liabilities 53.8M 24.57M 71.95M 75.86M
Total Assets 1.95B 2.08B 2.67B 3.4B
Common Stock 222.6M 222.6M 221.5M 221.5M
Other Current Assets 93.18M 90.19M 177.84M 232.5M
Retained Earnings 1.25B 1.37B 1.79B
Treasury Stock 12.05M 6.97M 2.62M 2.4B
Cash 142.13M 173.8M 231.55M 380.55M
Total Current Liabilities 294.75M 313.17M 497.4M 682.35M
Other Stockholder Equity 12.05M 6.97M 2.62M 2.4B
Property, Plant, and Equipment 261.98M 313.06M 540.73M 739.64M
Total Current Assets 1.08B 1.15B 1.64B 2.32B
Net Tangible Assets 1.53B 1.64B 2.03B 2.56B
Net Receivables 541.49M 586.18M 887.16M 1.11B
Accounts Payable 209.02M 233.77M 368.36M 587.73M


Insider Transactions

Here are the insider transactions of stock shares related to FINEOTEX CHEMICAL:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Tibrewala (Sanjay)Acquisition at price 0.90 per share.D2021-03-31Director2.64M
Jhunjhunwala (Aarti)Acquisition at price 0.90 per share.D2021-03-31UNREPORTED25k
Tibrewala (Surendrakumar Deviprasad)Sale at price 0.61 per share.D2020-12-28Chairman of the Board8.1M
Mehta (Manmohan)Sale at price 0.44 per share.D2020-08-17Independent Non-Executive Director18.42k
Mehta (Manmohan)Sale at price 0.44 per share.D2020-08-13Independent Non-Executive Director52.2k
Mehta (Manmohan)Acquisition at price 0.20 per share.D2020-03-19Independent Non-Executive Director33.91k
Mehta (Manmohan)Acquisition at price 0.21 per share.D2020-03-18Independent Non-Executive Director23k
Mehta (Manmohan)D2020-03-17Independent Non-Executive Chairman60k
Proton Biochem Pvt. Ltd.D2019-03-27Promoter813.8k
Tibrewala (Surendrakumar Deviprasad)D2019-01-30Chairman of the Board100k
Tibrewala (Surendrakumar Deviprasad)D2019-01-29Chairman of the Board55.02M
Tibrewala (Surendra Kumar) HUFD2019-01-28UNREPORTED177.4k
Tibrewala (Sanjay)D2015-02-17Director (Executive)321.4k
Kamal Chemicals Pvt LtdD2015-02-17Promoter295.45k
Tibrewala (Kanaklata)D2015-02-17Promoter328.17k
Tibrewala (Surendrakumar Deviprasad)D2015-02-17Managing Director6.92M
Proton Biochem Pvt. Ltd.D2015-02-17Institution- Corporation107.35k
Tibrewala (Nidhi Sanjay)D2015-02-17UNREPORTED100
Gupta (Ritu)D2015-02-17Additonal Director1.1k
Tibrewala (Surendra Kumar) HUFD2015-02-17UNREPORTED84.55k
Tibrewala (Surendrakumar Deviprasad)D2014-06-03Chairman of the Board45k
Tibrewala (Sanjay)D2014-03-18Director (Executive)20k
Tibrewala (Sanjay)D2014-03-14Director (Executive)12.25k
Tibrewala (Sanjay)D2014-03-13Director (Executive)35k
Tibrewala (Sanjay)D2014-01-09Director (Executive)48k
Tibrewala (Surendrakumar Deviprasad)D2014-01-07Chairman of the Board41.12k
Tibrewala (Surendrakumar Deviprasad)D2014-01-07Chairman of the Board47.97k
Tibrewala (Surendrakumar Deviprasad)D2014-01-07Chairman of the Board45.46k
Tibrewala (Surendrakumar Deviprasad)D2013-10-25Chairman of the Board238k
Tibrewala (Surendrakumar Deviprasad)D2013-10-23Chairman of the Board72k
Tibrewala (Surendrakumar Deviprasad)D2012-09-05Chairman of the Board166.37k
Tibrewala (Surendrakumar Deviprasad)D2012-09-04Chairman of the Board265.16k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to FINEOTEX CHEMICAL. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on FINEOTEX CHEMICAL

Here is the result of two systematic investment strategies applied to FINEOTEX CHEMICAL. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on FINEOTEX CHEMICAL

The following chart shows the equity curve of the two systematic investment strategies applied to FINEOTEX CHEMICAL:

FINEOTEX CHEMICAL automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 326.6% on the backtest period.

Performance at glance

Performance

326.6 %

Latent gain

8443.5 ₹

Invested capital

2585.3 ₹

Annualized return

77.39 %
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Momentum strategy results on FINEOTEX CHEMICAL

This is the result of two momentum investment strategies applied to FINEOTEX CHEMICAL. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on FINEOTEX CHEMICAL

The following chart shows all the entries opened by the momentum investment system on FINEOTEX CHEMICAL:

FINEOTEX CHEMICAL momentum entries
  • The first momentum investment strategy would give 372.54% of return on FINEOTEX CHEMICAL. That represents 23946.5₹ of latent gain with 6427.9₹ of employed capital.
  • The second momentum investment strategy would give 370.47% of return on FINEOTEX CHEMICAL. That represents 10962.5₹ of latent gain with 2959.1₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

372.54 %

Latent gain

23946.5 ₹

Invested capital

6427.9 ₹

Annualized return

93.34 %
Performance at glance (2Q Momentum)

Performance

370.47 %

Latent gain

10962.5 ₹

Invested capital

2959.1 ₹

Annualized return

99.06 %

Momentum equity curve on FINEOTEX CHEMICAL

The following chart shows the equity curve of the two momentum strategies applied to FINEOTEX CHEMICAL:

FINEOTEX CHEMICAL momentum equity

Note: the dividends potentially given by FINEOTEX CHEMICAL are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on FINEOTEX CHEMICAL

The following chart shows the employed capital evolution of the two momentum strategies on FINEOTEX CHEMICAL since the beginning:

FINEOTEX CHEMICAL

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on FINEOTEX CHEMICAL

Buy the dip entry openings on FINEOTEX CHEMICAL

FINEOTEX CHEMICAL

The performance achieved by the robo-advisor on FINEOTEX CHEMICAL is 207.22%. That represents 975.6$ of latent gain with 470.8₹ of employed capital. The following chart shows FINEOTEX CHEMICAL stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of FINEOTEX CHEMICAL, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

207.22 %

Latent gain

975.6 ₹

Invested capital

470.8 ₹

Annualized return

93.34 %

Equity curve of the strategy applied to FINEOTEX CHEMICAL

The following chart shows the result of the investment strategy applied to FINEOTEX CHEMICAL:

FINEOTEX CHEMICAL

Note: the dividends potentially given by FINEOTEX CHEMICAL are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on FINEOTEX CHEMICAL

The following chart shows the employed capital evolution since the beginning of the investment strategy on FINEOTEX CHEMICAL:

FINEOTEX CHEMICAL

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on FINEOTEX CHEMICAL

In this section, I will compare the three previous investment strategies applied to FINEOTEX CHEMICAL.

Equity curve comparison on FINEOTEX CHEMICAL

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

FINEOTEX CHEMICAL investment strategy comparison

Employed capital comparison on FINEOTEX CHEMICAL

FINEOTEX CHEMICAL investment comparison

Performance comparison on FINEOTEX CHEMICAL

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 326.6% 8443.5₹ 2585.3₹ 77.39%
Momentum 1 quarter 372.54% 23946.5₹ 6427.9₹ 93.6%
Momentum 2 quarters 370.47% 10962.5₹ 2959.1₹ 99.06%
Non-directional 207.22% 975.6₹ 470.8₹ 93.34%
Annualized return comparison

Automatic investment

77.39 %

Momentum 1Q

99.06 %

Momentum 2Q

99.06 %

Non-directional

93.34 %

Correlated stocks

Here are the most positively and negatively correlated stocks with FINEOTEX CHEMICAL:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between FINEOTEX CHEMICAL and the other stocks. There may be false positives or some missing correlated stocks. If the price of FINEOTEX CHEMICAL does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name FINEOTEX CHEMICAL
Country India
City Mumbai
Address 42, 43 Manorama Chambers
Phone 91 22 2655 9174
Website www.fineotex.com
FullTime employees
Industry Specialty Chemicals
Sector Basic Materials
Exchange XNSE
Ticker FCL.XNSE
Market

FINEOTEX CHEMICAL ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown