Are you searching for a Fineotex Chemical Ltd. (FCL) share price Targets from 2024 to 2030, Fundamental analysis, then this post will be helpful for you.
In this article, we are predicting Fineotex Chemical Ltd.’s (FCL) share price target based on its fundamentals and historical data. If you are not familiar with fundamental analysis then this post will help you to understand the company’s financial health.
Finotex Chemical Ltd. Is a chemical sector company that was incorporated in 1979, with headquarters located in Mumbai. FCL mainly caters to multiple sectors such as home care, textile, mining, hygiene, garments, leather, water treatment, paint, agrochemicals, construction, and adhesives.
Products of Fineotex Chemical Ltd.
Textile chemicals: Used in textile processing, sizing, dyeing, printing, finishing, and fictionalization.
Oil and Gas Chemicals: Used for various applications in the oil and gas industry, such as demulsifiers, corrosion inhibitors, biocides, and surfactants.
Cleaning and Hygiene Chemicals: Used for cleaning and hygiene institutional and industrial use.
The geographical presence of Fineotex Chemical Ltd.
Fcl has 110+ dealers in India and international markets. The company also expanded its business to more than 70 countries including Brazil, Bangladesh, Indonesia, Malaysia, Singapore, Syria, Thailand, the USA, Venezuela, and Vietnam.
Manufacturing facilities of Fineotex Chemical Ltd.
Fcl has three manufacturing units: one located in Mahape with a 6500 MT per annum capacity, and another one in Ambernath, Mumbai with a capacity of 40000 MT. And third one is located in Malaysia with a 6500 MT per annum capacity.
Recently in Ambernath, the company increased its production capacity by 104000 MT per annum.
The client base of Fineotex Chemical Ltd.
Major clients of the company are Banswara, Syntex, Welspun, Nahar, Raymond, Arvind, Bombay Dyeing, Clariant, Pidilite, Deepak Fertilizers, and others.
Management of the Fineotex Chemical Ltd.
Mr. Amitabh Jhunjhunwala is the founder and chairman of the company and has more than 40 years of experience in the chemical industry.
Mr Vikas Jhunjhunwala son of Amitabh Jhunjhunwala is a executive director of the company.
Peer competitors of Fineotax Chemical Ltd.
Pidilite Industries Ltd.
SRF Ltd.
Linde India Ltd.
Gujarat fluorochemical Ltd.
Aarti Industries Ltd.
Atul Ltd.
Fundamentals of Fineotex Chemical Ltd.
| Market Cap | 4854.28 Cr. |
| PE | 39.45 |
| PB | 10.39 |
| Dividend Yield | 0.18% |
| Book Value | 30.57 |
| Cash | 32.63 Cr. |
| DEBT | 7.28 Cr. |
| EPS | 8.37 |
| ROE | 32.19% |
| ROCE | 27.29% |
| Sales Growth | 18.18% |
| Profit Growth | 18.28% |
Fundamental analysis of Fineotex Chemical Ltd.
Strength
The CARG of FCL has been 12.5% over the past 7 years.
The net profit margin of the company has been above 20% in recent years.
The debt-to-equity ratio of the company is low.
The company has a good liquidity ratio.
The company has a strong inventory and receivable turnover ratio.
Weakness
The company has limited product diversification.
The company faces high competition in the sector.
The company has a high PE ratio compared to its peer competitors.
The company has inconsistent dividend history in the past 5 years.
Major Ratio Analysis of Fineotex Chemical Ltd.
Profitability Ratios
The net profit margin ratio of the company is 20.03% which indicates a strong profit margin and above the industry average.
The operating profit margin of the company is 24.83% which is very strong, indicating efficient operations.
The return on equity of the company is 32.19% which is excellent and indicates efficient use of shareholders funds.
The assets of the company are 25.65% which is very strong, showing a good return on invested capital.
Liquidity ratios
The current ratio of the company is 1.84% which is decent and indicates an ability to meet the short-term obligations of the company.
The quick ratio of the company is 1.62% which is slightly lower than the current ratio, but still acceptable.
Efficiency ratios
The turnover ratio of the company is 3.92% which is good and indicates efficient management of inventory.
The receivables turnover ratio of the company is 4.99% which is average, indicating some space for improvement in collecting receivables.
The payable Turnover ratio of the company is 7.5 0% which is good and indicates efficient management of supplier payments.
Solvency Ratio
The price-to-earnings ratio of the company is 39.45% which is high compared to the industry average and indicates potential overvaluation.
The price-to-book ratio of the company is 10.39% which is high compared to the industry average, suggesting potential overvaluation.
Sher holding pattern of Fineotex Chemical Ltd.
The promoters hold the majority of Steak at 65.03%, indicating strong control and long-term comments to the company.
FII holding in the company increased slightly to 0.82%, which indicated some interest from foreign institutional investors.
DII holding in the company is about 3.68%.
Public holding in the company is 30.46%
Fineotex Chemical Ltd. share price targets from 2024 to 2030
We are providing Fineotex Chemical Ltd. Share targets based on historical data, historical financial performance, and price action. The stock is following a strong higher higher low trend. So we are expecting the trend will continue in future.
| Year | Initial | Mid Year | End of the Year |
| 2024 | 395 | 460 | 502 |
| 2025 | 473 | 524 | 612 |
| 2026 | 591 | 645 | 705 |
| 2027 | 682 | 731 | 827 |
| 2028 | 785 | 843 | 911 |
| 2029 | 869 | 930 | 989 |
| 2030 | 954 | 1026 | 1161 |
Fineotex Chemical Ltd. share price target 2024
As per the technical analysis, Fineotex Chemical Ltd.’s share price target for 2024 will be initially 395, and at the mid-year, the target will be 460 at the end of the year the Sher price will reach 502.
Fineotex Chemical Ltd. share price target 2025
As for the Fundamental analysis of Finetex Chemical Ltd., the initial share price target for 2025 will be 473, at the mid-year the share will reach 524, and at the end of the year the Shere will reach 612.
Fineotex Chemical Ltd. share price target 2026
If micro and macroeconomics are in favor of the chemical sector then Fineotex Chemical Ltd.’s share price target for 2026 will be initially 591 and add the media the share will reach 645 and at the end of the year share will reach 705.
Fineotex Chemical Ltd. share price target 2027
The initial share price target for 2027 will be a minimum of 682, at the mid-year the share price will reach 731, and at the end of the year, the share will reach 827.
Fineotex Chemical Ltd. share price target 2028
The initial share price target for 2028 will be a minimum of 785, at the mid-year the share price will reach 843, and at the end of the year, the share will reach 911.
Fineotex Chemical Ltd. share price target 2029
The initial share price target for 2029 will be a minimum of 869, at the mid-year the share price will reach 930, and at the end of the year, the share will reach 989.
Fineotex Chemical Ltd. share price target 2030
The initial share price target for 2030 will be a minimum of 954, at the mid-year the share price will reach 1026, and at the end of the year, the share will reach 1161.
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FAQ:
What is Fineotex Chemical Ltd.’s (FCL) share price target for 2024?
As per the technical analysis, Fineotex Chemical Ltd.’s share price target for 2024 will be initially 395, and at the mid-year, the target will be 460 at the end of the year the Sher price will reach 502.
What is Fineotex Chemical Ltd.’s (FCL) share price target for 2025?
As for the Fundamental analysis of Finetex Chemical Ltd., the initial share price target for 2025 will be 473, at the mid-year the share will reach 524, and at the end of the year the Shere will reach 612.
What is Fineotex Chemical Ltd.’s (FCL) share price target for 2030?
The initial share price target for 2030 will be a minimum of 954, at the mid-year the share price will reach 1026, and at the end of the year, the share will reach 1161.
Conclusion:
Fineotex Chemical Ltd. Is an almost debt-free company and has enough resources to overcome the present situation. The company has a strong financial performance, also implementing sustainability initiatives, and expects continued demand growth in the future, and the management of the company has the best experience in the chemical field so overall the company good performance report. So before investment consider all parameters and market conditions.