Conference Call with Fineotex Chemical Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
Specialty Chemicals company Fineotex Chemical announced Q3FY25 results Total Income was Rs 130.91 crore in Q3FY25 compared to Rs 143.39 crore in Q3FY24, a slight decline of 9%. The decline in revenue was on account of muted demand in FMCG, one of the key sectors that Company caters to. Operating EBITDA (excluding other income) stood at Rs 34.29 in Q3FY25. Operating EBITDA Margin was 27.2% in Q3FY25. PAT stood at Rs 27.83 crore in Q3FY25. 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 growth oriented budget and liquidly boosting by RBI, we are confident of our targets. Our diversification into new products, such as oil & gas and water treatment, is progressing well, with a strong order pipeline expanding across geographies. Additionally, our upcoming plant remains on track and is expected to be operational by Q2FY26, further enhancing our manufacturing capabilities. With innovation at the core of our business, new solutions like AquaStrike Premium reinforce our commitment to sustainability and global market expansion. During the quarter, we developed 15 new products increasing our product offerings. We remain committed to creating long-term value and will be issuing a dividend, reflecting our confidence in the company’s financial health. We see this slackness as an opportunity to grab the good targets for our inorganic growth opportunities, with our earmarked cash funds of more than Rs 300 crore. The outlook remains positive, our revenue and profitability guidance are intact.” Result PDF