249.98
0.20%
Karvy
Long Term Strategic Growth Drivers in Place: Increased focus on specialty chemical to boost operating margin - FineotexChemical Limited (FCl) has posted consolidated revenue growth at CAGR of 8.0% over the period of FY12-16. EBITDA recorded significant growth at CAGR of 37.3%during same period whereas EBITDA margin has also grown by 819bps YoY to 24.7% in FY16 due to overall decline in raw material cost by 618 bps YoY. PAT Marginhas grown by 301 bps YoY in FY16.
Fineotex Chemical Ltd. average weekly volume is high.
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