Fineotex Chemical Limited announced its unaudited consolidated financial results for the second quarter and half year ended September 30, 2026, pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance Q2 FY27

  • Total Income: ₹391.41 crore, up 169.1% YoY from ₹145.43 crore in Q2 FY26
  • Revenue from operations: ₹387.65 crore compared to ₹137.71 crore in Q2 FY26
  • Operating EBITDA: ₹59.59 crore, up 92.0% YoY from ₹31.03 crore (calculated excluding other income)
  • Profit After Tax: ₹44.55 crore, up 70.8% YoY from ₹26.08 crore
  • Gross profit: ₹113.87 crore with gross margin of 29.4%
  • Operating EBITDA margin: 15.4% (calculated against revenue from operations)

Financial Performance H1 FY27

  • Total Income: ₹778.13 crore, up 166.8% YoY from ₹291.64 crore in H1 FY26
  • Revenue from operations: ₹764.28 crore compared to ₹274.78 crore in H1 FY26
  • Operating EBITDA: ₹118.74 crore, up 111.2% YoY from ₹56.22 crore
  • Profit After Tax: ₹92.75 crore, up 81.5% YoY from ₹51.10 crore
  • Gross profit: ₹247.27 crore
  • Operating EBITDA margin: 15.5%
  • Consolidated ROIC: approximately 36.12%
  • Consolidated business volumes: increased by approximately 132.3% compared to corresponding period previous year

Operational and Strategic Highlights

  • Developing US water and wastewater solutions business through Fineotex America Inc., focusing on mission-critical applications in data centers, semiconductor manufacturing, and advanced industrial facilities
  • Platform aims to address industrial water treatment, cooling-water systems, water reuse, and wastewater management with focus on operating reliability and resource efficiency
  • Acquired 53.33% controlling stake in US-based CrudeChem Technologies Group, broadening international footprint and adding more than 100 engineered chemical solutions
  • American manufacturing platform (Brookshire and Midland operations) has approximately 1,48,000 MTPA of stated manufacturing capacity
  • Business focused on customer expansion, proprietary formulations, and execution-led growth in oilfield applications
  • Continuing development of Cleaning & Hygiene portfolio for institutional, industrial, and homecare applications
  • Textile Specialty Chemicals business remains important foundation with customized products and sustainability-led innovation

Management Commentary

Mr. Sanjay Tibrewala, Executive Director and CFO, stated that results reflect significantly expanded scale of operations with H1 consolidated total income growing 166.8% and operating EBITDA increasing 111.2% year-on-year. The company is positioning for next phase of growth with advanced water and wastewater solutions for data centers and semiconductor facilities representing important emerging opportunity for Fineotex America. The company will pursue these opportunities while strengthening cleaning and hygiene and textile businesses, with emphasis on profitable growth, disciplined capital allocation, and cash generation.

Dr. Aarti Jhunjhunwala, Executive Director, stated the company sees significant opportunity to evolve into a broader, globally integrated specialty chemicals and industrial solutions platform by combining chemistry-led innovation with engineering, service, and delivery capabilities. Cleaning and hygiene offers further avenues for value-added growth while textile specialty chemicals franchise continues to provide strong base of technical expertise and customer relationships.