Fineotex Chemical Ltd (FCL) is a significant player in the specialty chemicals sector for manufacturing, construction, & other product industries. They established in 1983 & successfully grew over the years by providing innovative and eco-friendly solutions to their niche market needs of various industries.
The company’s product portfolio includes a wide range of textile chemicals, such as dyes and finishes, as well as construction chemicals used in various applications. The article will explain the FCL share price target & its financial performance analysis, trends, & growth pattern till 2030.
Details about Fineotex Chemical Ltd
FCL belongs to a sustainable basic material sector & operates within the specialty chemical industry. FCL is also significantly known for its presence in the Indian share market showing various attractive trends over the years. They evidently invest in research & development to create biodegradable and non-toxic alternatives for their consumers.
The company is focusing on their product enhancement that aligns with global trends towards environmentally responsible manufacturing practices. They are exporting to over 60 countries & continuously focusing on more as well. FCL’s solid foundation and strategic growth initiatives make them well-positioned in the future profitable market.
Market
Cap | 40.12 billion INR |
Enterprise
Value | 4,033 Cr INR |
52 Week
High | 458.85 |
52 Week
Low | 303.80 |
Stock
P/E | 34.51 |
Book
Value | 52.74 |
Dividend
Yield | 0.45 |
ROCE | 32.71% |
ROE | 30.42% |
Face
Value | 2.00 |
Price to
Book Value | 5.71 |
EPS | 11.04 |
Debt | 0.02 |
Promoters
Holding | 62.9% |
Key Financial Statistics for Fineotex Chemical Ltd
Key Financial Statistics
- Revenue:₹568.97 crore in FY 2024 (expected)
- Net Profit:₹121.02 crore in FY 2024 (expected)
- Earnings Per Share (EPS):₹10.9
- Return on Equity (ROE):20%
- Debt-to-Equity Ratio: 0.0116
Revenue | 500 Cr |
Net
Income | 75 Cr |
Diluted
EPS | 10.82 |
Net
Profit Margin | 15.5% |
Shareholding Pattern for Fineotex Chemical Ltd (FCL)
The shareholding pattern will give you insights in the ownership structure of the company.
- Promoters
- Institutional Investors
- Retail Investors
- Others
Holdings | Sept
2024 | Jun 2024 | Mar 2024 |
Promoters | 62.88 | 64.46 | 65.03 |
FII | 3.28 | 0.92 | 1.45 |
DII | 3.63 | 3.68 | 3.70 |
Retail
& Other | 30.20 | 30.93 | 29.83 |
Institutional Investor Trends for Fineotex Chemical Ltd (FCL)
Every organization has their major institutional investors who play crucial roles in the stock market & share price influencing. Here are some trends happened with Fineotex Chemical Ltd, that can justify the statement:
- Strong Financial Performance: FCL’s strong financial performance is now attracting institutional investors who are seeking stable Even, the company’s growth and profitability metrics show healthy operations.
- Growth Potential: FCL mainly focuses on innovation and sustainability that simply aligns with global trends. And, these trends provide environmentally friendly products. Their strategic positioning enhances appearance to institutional investors who prioritize sustainability.
- Market Expansion: The company’s efforts are there to expand its presence in international markets that caught the eyes of institutional investors. Their export capabilities help to increase significant revenue growth.
Stock Performance Analysis for Fineotex Chemical Ltd (FCL)
Fineotex Chemical Ltd (FCL) has showcased its strong stock performance in recent years that easily reflect robust revenue generation & growth potentials. In 2019, FCL share price target is at ₹ 120, but now it is tuning to ₹ 366.49 at the end of December 2024. This growth rate highlights their successful strategies & increasing annual returns for the investors.
Additionally, the company is committed to sustainability and innovation that help in attracting different market segments in special chemicals. The overall stock performance of FCL reflects a solid foundation and promising prospects for the investors.
Get FCL Share Price Target 2024
Based on recent steady growth & improved operational efficiency, the share price is expected to be about ₹ 366.49.
Year | Price Target |
2024 | ₹ 366.49 |
Get FCL Share Price Target 2025
If the Micro & Macro Economic factor come along with the industry trend support, the FCL share price target will be reached to ₹ 610.87.
Year | Price Target |
2025 | ₹ 610.87 |
Get FCL Share Price Target 2026
If we consider bullish market trends & upgradation in company market capitalization for FCL, then the price will reach ₹ 1,018.18.
Year | Price Target |
2026 | ₹ 1,018.18 |
Get FCL Share Price Target 2027
An increasing demand in speciality chemicals help them to boost the target at ₹ 1,697.12.
Year | Price Target |
2027 | ₹ 1,697.12 |
Get FCL Share Price Target 2028
Different growth drivers and expansion into new market segments can increase the share price target to ₹ 2,828.75
Year | Price Target |
2028 | ₹ 2,828.75 |
Get FCL Share Price Target 2029
Their robust financial performance & significant long-term planning help to increase the target price at a new level, i.e., ₹ 4,714.95
Year | Price Target |
2029 | ₹ 4,714.95 |
Get FCL Share Price Target 2030
FCL’s strong performance in the market, strategic expansion, & sustainability make a potential increase in share price target at ₹ 7,858.87.
Year | Price Target |
2030 | ₹ 7,858.87 |
Factors contributing to Growth Risk & Challenges for FCL Share Price Target
- Rising Demand:There is scope for the demand for special chemicals in textiles and construction sectors.
- Global Expansion:FCL expansion strategy help to step into international markets for significant growth opportunities.
- Market Competition:Market expansion leads to market competition for both domestic & international market that could affect the share prices.
- Raw Material Price: There is always a price fluctuation in raw material costs & this will impact company’s revenue margins.
Technical Analysis
Technical indicators suggest an upward trend for FCL’s stock:
- Support Level:₹ 340
- Resistance Level:₹ 355
- Relative Strength Index (RSI): Currently at 46.2, indicating that the stock is nearing overbought territory but still has room for growth.
Conclusion
Fineotex Chemical Ltd is a robust player in the specialty chemicals sector & their growth strategies. The commitment to sustainability and innovation makes FCL share price target at a new successful level. Investors who are looking for long-term growth opportunities can find FCL an attractive option by the given data.
FAQs
The share price is approximately to reach ₹ 366.49 at the end of 2024.
The key financial metrics are Revenue which is projected at ₹500 crore & net profit of ₹75 crore for FY 2024.
₹568.97 crore is the expected revenue generated at the end of FY 2024.
According to the strong financial performance, the prediction is around ₹7,858.87 till 2030 for the investors.
Disclaimer
This article is just for information and education purposes. These predictions and statistics of stock prices are just for educational purposes. We don’t recommend buying and selling any stocks of the company. Investors are responsible for conducting research on stock prices before investing in any stock. We are not responsible for loss and damage arising while using this stock price content.
