Q3 Results: Ashish Kacholia-backed Fineotex Chemical posts 8% YoY rise in PAT to Rs 30 cr, revenue up 46%

Fineotex Chemical, a specialty chemicals manufacturer in which ace investor Ashish Kacholia owns a stake, has announced its third quarter results. The company said that its consolidated net profit increased by 8.23 per cent YoY to Rs 30.12 crore, compared with Rs 27.83 crore reported in the same quarter in a year ago period.

The total income from operations in the quarter surged by nearly 46 per cent YoY to Rs 190.4 crore. The total income was at Rs 130.9 crore in the third quarter of last fiscal.

Operational EBITDA for the reporting three-month quarter increased to Rs 34.84 crore. The company said that increase in EBITDA demonstrates the firm's strong operational efficiency.

The volume of the consolidated business for the quarter ended has increased by approximately 39 per cent on YoY basis.

Sequentially, the smallcap company reported 15.50 per cent rise in its consolidated net profit from Rs 26.08 crore (Q2FY26). The total income from operation for the quarter increased by 31 per cent from Rs 190.46 crore reported in the preceding quarter.

During the quarter, the company completed the acquisition of US-based specialty chemical manufacturing group CrudeChem Technologies (CCT Group) through its subsidiary. "The acquisition marks the company’s journey toward global expansion and strengthens its technological capabilities and leadership in high-performance and sustainable chemical solutions," the filing said.

The CrudeChem Technologies Group is a well-established US based specialty chemical manufacturer of advanced chemical fluid additives and comprehensive oilfield chemicals solutions for the global oil and gas sector.

Fineotex Chemical is a constituent of BSE 100 and commands a market cap of Rs 2,760 crore. The company is backed by ace investor Ashish Kacholia.

According to trendline data, ace investor Ashish Kacholia is an investor in the company. He owns 3,000,568 shares, representing 2.6 per cent stake.

Ashish Kacholia Share Price History

Fineotex Chemical shares on Friday closed marginally higher at Rs 24.09 on BSE.

As per BSE data, Fineotex Chemical shares slipped 14 per cent in the last one year and corrected 38 per cent in two years. It has remained flat in three years. The counter has, however, skyrocketed more than 200 per cent in the five years, resulting in wealth gain for investors.

Earlier in October 2025, the company had first split the face value of shares from Rs 2 to Re 1 and then issued bonus shares in the ratio of 4:1. It means that the company had distributed four bonus shares of Re 1 face vale for every one equity.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)