Fineotex Chemical Ltd

The Emerging Companies 2025
OVERVIEW
FINANCIALS

About

Fineotex Chemicals is a leading manufacturer of textile chemicals, auxiliaries, and speciality chemicals, catering to a diverse range of industries including textiles, construction, water treatment, leather, and oil and gas. The company provides customised, high-performance chemical solutions that enhance process efficiency, product quality, and environmental sustainability. With a strong focus on research and innovation, Fineotex continuously develops advanced formulations to meet evolving industry demands. Its state-of-the-art manufacturing facilities and commitment to quality have earned it global recognition and a presence in over 60 countries. Fineotex's products play a critical role in enabling industrial clients to optimise production while reducing ecological impact.

Incorporation Year: 2004
Headquarters: Maharashtra
Top Management: Surendra Kumar Tibrewala - Chairman & Managing Director
Industry: Chemicals

Featured In Fortune India Ranking

#75(2025)

Financial Data 2024

Revenue
591
(INR Cr)
Net Operating Income
569
(INR Cr)
Assets
460
(INR Cr)
Profit
120
(INR Cr)
Net Worth
447
(INR Cr)

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Revenue
(INR Cr)
591
12.12%
527
40.60%
375
58.22%
237
20.90%
196
4.80%
187
25.38%
149
8.07%
138
22.29%
113
7.69%
105
16.07%
90
-8.36%
99
24.13%
79
176.77%
29
31.57%
22
-14.52%
25
-
Net Operating Income
(INR Cr)
569
10.05%
517
40.40%
368
68.52%
219
11.29%
196
7.68%
182
29.20%
141
11.10%
127
15.56%
110
7.79%
102
17.66%
87
-9.58%
96
20.10%
80
182.61%
28
36.10%
21
-17.89%
25
-
Profit
(INR Cr)
120
35.65%
88
60.09%
55
29.54%
43
225.61%
13
-41.92%
23
-0.79%
23
-12.02%
26
46.84%
18
36.10%
13
98.62%
7
-7.67%
7
17.33%
6
41.18%
4
21.43%
4
21.53%
3
-
Assets
(INR Cr)
460
26.39%
364
33.73%
272
23.65%
220
22.60%
180
7.41%
167
13.67%
147
21.51%
121
22.07%
99
18.78%
83
14.84%
73
7.26%
68
9.06%
62
34.04%
46
207.02%
15
9.74%
14
-
Net Worth
(INR Cr)
447
28.23%
349
33.00%
262
25.23%
209
23.37%
170
6.85%
159
17.01%
136
20.66%
112
23.21%
91
19.61%
76
17.85%
65
11.48%
58
11.75%
52
0.00%
46
206.36%
15
22.76%
12
20.12%
Employee Cost
(INR Cr)
21
15.13%
18
35.35%
14
53.27%
9
1.49%
9
15.94%
8
21.84%
6
33.19%
5
22.43%
4
2.43%
4
4.52%
4
-17.29%
4
20.56%
4
214.16%
1
0.00%
1
101.79%
1
-
Interest Cost
(INR Cr)
1000000000000000
Cash & Bank Balance
(INR Cr)
3959383317148139101211122600
Total Debt
(INR Cr)
5713324131367001

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Profit As % Of Revenues 20.28%16.76%14.72%17.98%6.68%12.04%15.22%18.70%15.57%12.32%7.20%7.15%7.56%14.82%16.06%11.30%
Profit As % Of Assets 26.04%24.26%20.27%19.35%7.28%13.47%15.43%21.32%17.72%15.46%8.94%10.39%9.66%9.17%23.18%20.93%
Profit As % Of Networth 26.80%25.33%21.05%20.34%7.71%14.18%16.73%22.94%19.25%16.92%10.04%12.12%11.54%9.19%23.18%23.41%
Interest Cost to EBITDA % 0.90%0.73%1.29%1.77%2.84%2.45%1.90%1.32%1.38%2.00%4.42%5.51%6.46%0.16%0.42%0.88%
Debt to Equity Ratio 0.020.020.010.020.020.020.020.020.030.040.080.120.140.000.050.07
RONW 30.42%29.32%24.13%23.51%13.38%16.52%19.32%28.53%24.15%16.87%11.31%14.41%11.54%13.85%25.55%25.55%
ROCE 39.20%37.18%31.03%29.27%21.04%22.79%27.08%37.08%34.53%22.90%15.57%18.44%14.85%20.63%37.28%40.08%