Specialty Chemical Company: Ashish Kacholia Owned Stock Okays Dividend Aggregating To Rs 4.58 Cr

Fineotex Chemical Limited (FCL), a small-cap specialty chemicals firm with a stake of ace investor Ashish Kacholia, has declared an unexpected interim dividend of 20 per cent or Re 0.40 per share on its equity shares. The dividend which is Rs 4.58 crore in total was approved along with the company's Q3 FY2025 results. Shareholders whose names appear in the register as of February 18, 2025, will be entitled to receive the dividend which will be disbursed on or before March 14th 2025.

The firm recorded a modest 9% fall in total income, from Rs 143.39 Cr in Q3 FY24 to Rs 130.91 Cr in Q3 FY25. In Q3 FY25, operating EBITDA was Rs 34.29, while operating EBITDA margin was 27.2%. In the third quarter of FY25, the firm generated a net profit of Rs 27.83 Cr. The quarter's revenue in total dropped from around Rs. 14,339 Lakhs in Q3FY24 to approximately Rs. 13,091 Lakhs in Q3FY25. The company's overall income increased by around 0.5% year over year to Rs 430.31 Cr in 9M FY25 from Rs 428.34 Cr in 9M FY24. In 9M FY25, operating EBITDA was Rs 105.94 Cr, while operating EBITDA margin was 25.62%. In 9M FY25, the company's net profit was Rs 89.08Cr.

Mr. Sanjay Tibrewala, Executive Director, Fineotex Chemical Limited 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," he added.

"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 crores. The outlook remains positive, our revenue and profitability guidance are intact," Sanjay Tibrewala further stated.

Surendrakumar Deviprasad Tibrewala has made remarkable strides as the CMD of Fineotex Chemical Limited. He was awarded the Hurun India's most respected award in 2025. Twibrewala's accomplishments range from providing solutions in the area of textile chemicals to his phenomenal management skills which forward India's chemical and textile industries. The award ceremony took place at ITC Grand Central, Parel, Mumbai.
Upon receiving Mr. Tibrewala said, "It is an honor to win this award. This underscores our commitment and innovation within the specialty chemical sector. Here in Fineotex, we try to set new standards and develop sustainable technological solutions that are suited for our customers. This award serves to highlight our efforts in creating value for our stakeholders and growing the chemical and textile industries in India."

Mr. Sanjay Tibrewala, Executive Director of Fineotex Chemical Limited, claimed the Industry Leader award at the Life Cycle Assessment Summit (LCAS-2025). The award was given by Shri Sanjay Savkare, Hon'ble Minister of Textiles of Maharashtra, and Smt Roop Rashi Mahapatra, Textile Commissioner of India, who noted his dominance and contributions towards sustainability, innovation, and technology in textiles as well as the chemical domains.

Fineotex Chemical Limited is a top manufacturer of specialty chemicals for sectors like textiles, oil & gas, and homecare. Established in 1979, Fineotex offers more than 470 product categories including chemicals for textile production, drilling fluids, and disinfectants. Fineotex is present in over 70 countries and serves reputable clients like the Nahar Group and Raymond, all through a network of 100+ dealers. Fineotex's core business is textile chemicals which is complemented by its subsidiary Biotex Malaysia which focuses on research and development.

Sustained innovation in both the company's practices and in Biotex Malaysia has allowed Fineotex Chemical Limited to expand its market presence. This, along with Ayak's commitment to excellence in product development, will strengthen its already robust position as a competitive leader in specialty chemicals. Industry recognition along with a commitment to value creation to stakeholders allows Fineotex to contribute to India's industrial growth and sustain strong financial performance.