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Fineotex Chemical
24.
23
-0.27
(-1.10%)
Market Cap
₹2,776.15 Cr
PE Ratio
28.80
Industry
Chemicals
Buy
Sell
Company Performance:
1D
-1.10%
1M
+0.12%
6M
-12.43%
1Y
-25.77%
5Y
+400.62%
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Latest news about Fineotex Chemical
Fineotex Chemical Completes $11.50M US Acquisition, Targets 25% CAGR Growth
8 days ago
Fineotex Chemical has successfully completed its strategic $11.50 million acquisition of Crude Chem Technologies Group, securing a 53.33% controlling stake in four US-based specialty oilfield chemical companies. The debt-free target generates $68 million in combined annual revenue and approximately $4.00-4.50 million EBITDA, with consolidation beginning December 15, 2025. Management expects at least 25% CAGR growth and aims to build a $200 million oilfield specialty chemicals business, supported by over ₹300 crores in cash reserves and planned investments exceeding $10 million in plant and machinery expansion.
Fineotex Chemical Reports Mixed Q2 Results with Revenue Decline and EBITDA Contraction
Nov 14, 2025
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