Fineotex Chemical Ltd. (Revised Call)

Fineotex Chemical
(CMP 68)

Sector :- SPECIALITY  CHEMICAL

Dear Blog Readers,

Fineotex Chemical Limited study was earlier done at 38.35 price on 2/11/17. 

Link to old Note :- https://hiteshyadav.blogspot.in/2017/11/fineotex-chemical.html

Than-after stock made new 52 week high of 106.05.

Now at this price stock is again looking good for further upside.

Investor Presentation :- 
Cllick here : https://www.bseindia.com/xml-data/corpfiling/AttachLive/0172cec0-d8c3-441e-ad2e-a78c4862fd73.pdf

Company has posted bumper Q3FY18 result .

FINEOTEX CHEMICAL LTD Reports jump in Q3 FY18 PAT at Rs. 7.92 crores
👉 NET INCOME of Rs.27.67 crores during the period ended December 31, 2017 as compared to Rs.21.03 crores during the period ended December 31, 2016.

👉 NET PROFIT of Rs.7.93 crores for the period ended December 31, 2017 as against Rs.4.20 crores for the period ended December 31, 2016.

88.56% JUMP IN PAT

INCOME INCREASED 15% YOY

👉 EPS of Rs.0.71 for the period ended December 31, 2017 as compared to Rs.0.38 for the period ended December 31, 2016.

👉 The Company has reported net sales of Rs.74.84 crores during the 9 months period ended December 31, 2017 as compared to Rs.65.45 crores during the 9 months period ended December 31, 2016.

👉 Net profit of Rs.17.70 crores for the 9 months period ended December 31, 2017 as against Rs.12.70 crores for the 9 months period ended December 31, 2016.

👉 EPS of Rs.1.59 for the 9 months period ended December 31, 2017 as compared to Rs.1.14 for the 9 months period ended December 31, 2016.

Declared Interim Dividend of 0.20 Rs.per share. Of Face value of Rs. 2

Source :- Investor Presentation 2018

HAPPY INVESTING

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THE ABOVE IS NOT A RESEARCH REPORT NOT BUY/SELL RECOMMENDATION AND THIS IS ONLY FOR EDUCATIONAL PURPOSE , AND SOME OF MY FINDINGS FROM OPEN SOURCE. ONE CAN CONSULT THEIR FINANCIAL ADVISER BEFORE INVESTING.

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Happy Investing


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NOTE : THE ABOVE IS NOT A RESEARCH REPORT NOR A RECOMMENDATION  BUT INFORMATION AS AVAILABLE ON PUBLIC DOMAIN. 

Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”



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