Consolidated Financial Performance (₹ crore)

Q1 FY27 vs Q1 FY26 (YoY Comparison)

  • Total Income: ₹386.72 crore vs ₹146.22 crore, up 164.48%
  • EBITDA (excluding Other Income): ₹59.14 crore vs ₹25.20 crore, up 134.69%
  • PAT: ₹48.21 crore vs ₹25.03 crore, up 92.67%

Q1 FY27 vs Q4 FY26 (QoQ Comparison)

  • Total Income: ₹386.72 crore vs ₹323.19 crore, up 19.66%
  • EBITDA: ₹59.14 crore vs ₹43.69 crore, up 35.37%
  • PAT: ₹48.21 crore vs ₹43.79 crore, up 10.07%

Additional Financial Metrics

  • Gross Profit: ₹133.40 crore, up 190.25% YoY
  • Gross Margin: 35.42% (improved from previous period)
  • EBITDA Margin: 15.70%
  • ROIC: 33.06%
  • ROCE: 25.56%
  • Working Capital: 72 days

Operational Highlights

  • Successful integration of CrudeChem Technologies Group, strengthening Fineotex's presence in Oil & Gas specialty chemicals
  • Improved operational efficiency, capacity utilisation, execution capabilities and scalability under Fineotex's management
  • Commissioned major capacity expansion at Texas facility, increasing total manufacturing capacity to approximately 1,48,000 MTPA
  • Successfully passed on higher raw material costs, preserving healthy blended margins
  • Company continues to evaluate inorganic growth opportunities while expanding across Textile, Oil & Gas, Water Treatment, FMCG and Cleaning & Hygiene segments

Management Commentary

Mr. Sanjay Tibrewala, Executive Director and CFO: "We delivered a strong start to FY27 with healthy growth in both revenues and profitability, supported by the successful integration of our oilfield specialty chemicals business. The acquisition has significantly enhanced our presence in the global oil & gas chemicals market and contributed meaningfully to the Company's overall performance. During the quarter, CrudeChem continued to benefit from improved operational efficiencies, higher capacity utilisation and stronger execution capabilities, enabling us to build a more scalable and profitable business."

Ms. Aarti Jhunjhunwala, Executive Director: "Our core domestic business continued to perform well during the quarter, backed by healthy demand across key end-user industries and the strength of our diversified specialty chemicals portfolio. Despite volatility in global raw material prices, we successfully managed input cost inflation through effective pricing actions while maintaining healthy margins and customer relationships. We also commissioned a major capacity expansion at our U.S. manufacturing facility, strengthening our ability to serve larger customer requirements and support future growth in the North American oilfield chemicals market."

Company Overview

Fineotex Chemical Limited is a leading Indian multinational specialty performance chemical producer providing sustainable technology-driven solutions to several industries including textile & garment processing, clean and homecare, water treatment, and oil & gas. The company has manufacturing facilities in Ambernath, Navi Mumbai (India), Selangor (Malaysia), and United States, serving clients across ~70 countries with a network of 103+ dealers & distributors in India.

Forward-Looking Statements Disclaimer

The press release contains forward-looking statements relating to implementation of strategic initiatives and future business developments and economic performance, subject to risks including general market conditions, macro-economic factors, governmental and regulatory trends, currency exchange and interest rate movements, competitive pressures, technological developments, and other unknown factors.