Fineotex Chemical files revised FY26 annual report with typographical correction
Fineotex Chemical Limited filed a revised FY26 Annual Report on August 18, 2026, correcting an inadvertent typographical error with no changes to financial results or material information. The 23rd AGM remains scheduled for September 11, 2026, where shareholders will consider raising up to ₹800 crore, approving related party transactions of up to ₹500 crore, and other business. Consolidated revenue for FY26 rose 44.79% to ₹77,222.56 lakhs and PAT grew 14.50% to ₹12,501.51 lakhs, with ICRA reaffirming ratings at ICRA A+ (Positive) and ICRA A1+.

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Fineotex Chemical Limited filed a revised Annual Report for FY26 on August 18, 2026, pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The revision was made solely to correct an inadvertent typographical error identified in the original report. The company confirmed that there is no change in financial results or any other material information contained in the Annual Report.
Revision Details
The revised Annual Report, including the Notice of the 23rd Annual General Meeting, is available on the company's website at https://fineotex.com/investor-relation/ . The filing was digitally signed by Sunny Parmar, Company Secretary and Compliance Officer, on August 18, 2026.
| Parameter: | Details |
|---|---|
| Filing Date: | August 18, 2026 |
| Reason for Revision: | Inadvertent typographical error corrected |
| Financial Results Changed: | No |
| Material Information Changed: | No |
| 23rd AGM Date: | September 11, 2026 at 4:00 pm (IST) via VC/OAVM |
Key Financial Highlights (Unchanged)
As reported in the original Annual Report, Fineotex Chemical's consolidated income from operations stood at ₹77,222.56 lakhs in FY26, up 44.79% from ₹53,333.28 lakhs in FY25. Consolidated profit after tax (PAT) rose 14.50% to ₹12,501.51 lakhs from ₹10,920.82 lakhs. EBITDA on a consolidated basis amounted to ₹16,781.93 lakhs.
On a standalone basis, revenue from operations was ₹39,687.83 lakhs and PAT was ₹9,188.96 lakhs.
| Metric: | FY26 Standalone | FY25 Standalone | FY26 Consolidated | FY25 Consolidated |
|---|---|---|---|---|
| Total Income: | ₹43,796.71 lakhs | ₹46,670.72 lakhs | ₹80,529.56 lakhs | ₹55,763.95 lakhs |
| Profit Before Tax: | ₹11,344.99 lakhs | ₹12,541.53 lakhs | ₹15,303.27 lakhs | ₹14,124.32 lakhs |
| Profit After Tax: | ₹9,188.96 lakhs | ₹9,722.67 lakhs | ₹12,501.51 lakhs | ₹10,920.82 lakhs |
| EPS (₹, FV ₹1): | 0.80 | 0.86 | 1.09 | 0.96 |
AGM and Corporate Action Dates
The 23rd AGM agenda and key corporate action dates remain unchanged, as summarised below.
| Event: | Date | Detail |
|---|---|---|
| Record Date / Cut-off Date: | September 4, 2026 | Dividend eligibility and e-voting |
| Remote E-voting Period: | September 8–10, 2026 | 9:00 am to 5:00 pm |
| 23rd AGM: | September 11, 2026 | 4:00 pm (IST) via VC/OAVM |
| Dividend Payment: | On or before September 30, 2026 | Subject to AGM approval |
Dividend and Capital Structure
The Board recommended a final dividend of ₹0.05 per equity share of face value ₹1 each for FY26, with a total payout of ₹582.25 lakhs. An interim dividend of ₹0.80 per equity share was declared in September 2025. The paid-up share capital as at March 31, 2026 stood at ₹116.45 crore comprising 116,45,00,900 equity shares of face value ₹1 each, following a stock split and a 4:1 bonus issue during FY26.
AGM Special Business
The 23rd AGM will consider the following special business items:
- Capital raising: Shareholder approval to raise up to ₹800 crore through equity shares or other eligible securities via QIP, preferential issue, FPO, or a combination thereof, for capital expenditure, working capital, general corporate purposes, and inorganic growth.
- Related party transactions: Approval for material related party transactions between Fineotex Biotex HealthGuard FZE and CrudeChem Technology LLC for FY26-27, capped at an aggregate value of ₹500 crore, comprising sale/purchase/supply of goods or services (up to ₹100 crore) and loans and advances (up to ₹400 crore).
- Cost auditor remuneration: Ratification of remuneration of ₹50,000 per annum plus applicable taxes and expenses payable to M/s V. J. Talati & Co. as cost auditor for FY26-27.
- Director re-appointment: Re-appointment of Mrs. Aarti Mitesh Jhunjhunwala (DIN: 07759722) as director, retiring by rotation.
Operational and Credit Highlights
During FY26, consolidated production volume stood at 81,731 MT compared with 60,692.40 MT in the prior year, while sales volume increased to 80,356.72 MT from 60,194.47 MT. In December 2025, Fineotex Biotex Healthguard FZE acquired a 53.33% equity stake in CrudeChem Technology LLC, a US-based specialty oilfield chemical manufacturer, marking the group's entry into the oilfield specialty chemicals segment.
ICRA reaffirmed the company's long-term credit rating at ICRA A+ (Positive) and short-term rating at ICRA A1+. The company was also honoured with the Business Excellence Award 2025 in the Chemicals (SME) category by Dun & Bradstreet and was certified as a "Great Place to Work" for the fourth consecutive time.
Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE045J01034/56b60c2e-4412-47ad-af83-2792747e20e4.pdf
Historical Stock Returns for Fineotex Chemical
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.54% | +7.64% | +40.09% | +143.12% | +126.64% | 0.0% |
How will the proposed ₹800 crore capital raise via QIP or preferential issue impact existing shareholder equity and potential dilution?
What is the strategic rationale behind the ₹500 crore related party transaction limit with CrudeChem Technology LLC, and how does it align with Fineotex's expansion into US oilfield chemicals?
Given the 44.79% revenue growth but only 14.50% PAT growth in FY26, what margin pressures or cost structures are investors expecting to see addressed in the upcoming AGM?


































