Fineotex Chemical Financial Statements

Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar Mar-2020 Mar-2018 Mar-2017 Mar-2016
Growth matrix (%)        
Revenue growth 39.10 11.10 15.60 7.78
Op profit growth 16.10 1.66 4.54 71.10
EBIT growth 2.13 (11) 29.60 45.10
Net profit growth (42) (12) 46.90 36
Profitability ratios (%)        
OPM 17.70 21.20 23.20 25.70
EBIT margin 17.90 24.40 30.40 27.10
Net profit margin 6.66 16.10 20.30 16
RoCE 21.50 25.60 34.90 32.40
RoNW 2.14 4.57 6.33 5.24
RoA 2 4.21 5.83 4.78
Per share ratios ()        
EPS 1.29 2.15 2.61 1.80
Dividend per share 0.05 0.20 0.10 0.20
Cash EPS 1.07 1.98 2.26 1.51
Book value per share 15.20 12.20 10.10 8.13
Valuation ratios        
P/E 11.50 27.20 13.10 18
P/CEPS 13.80 29.50 15.10 21.40
P/B 0.97 4.79 3.38 3.98
EV/EBIDTA 4.12 18.40 9.40 11.80
Payout (%)        
Dividend payout 4.28 9.81 4.31 33.20
Tax payout (22) (29) (24) (31)
Liquidity ratios        
Debtor days 76 73.90 78.50 79.20
Inventory days 39.20 44.30 35.40 36.30
Creditor days (39) (43) (53) (60)
Leverage ratios        
Interest coverage (56) (61) (99) (77)
Net debt / equity (0.10) -- (0.10) (0.10)
Net debt / op. profit (0.40) (0.10) (0.40) (0.20)
Cost breakup ()        
Material costs (63) (60) (59) (58)
Employee costs (4.40) (4.40) (3.70) (3.40)
Other costs (15) (14) (14) (13)
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar( In .Cr) Mar-2020 Mar-2018 Mar-2017 Mar-2016
Revenue 196 141 127 110
yoy growth (%) 39.10 11.10 15.60 7.78
Raw materials (123) (85) (75) (64)
As % of sales 62.70 60.50 58.70 57.90
Employee costs (8.70) (6.20) (4.60) (3.80)
As % of sales 4.45 4.38 3.66 3.45
Other costs (30) (20) (18) (14)
As % of sales 15.10 13.90 14.40 13
Operating profit 34.80 30 29.50 28.20
OPM 17.70 21.20 23.20 25.70
Depreciation (1.20) (0.70) (0.60) (0.60)
Interest expense (0.60) (0.60) (0.40) (0.40)
Other income 1.61 5.17 9.75 2.13
Profit before tax 34.60 33.90 38.20 29.40
Taxes (7.70) (10) (9.10) (9.10)
Tax rate (22) (29) (24) (31)
Minorities and other (1.20) (1.30) (3.30) (2.70)
Adj. profit 25.70 22.70 25.80 17.60
Exceptional items (13) -- -- --
Net profit 13.10 22.70 25.80 17.60
yoy growth (%) (42) (12) 46.90 36
NPM 6.66 16.10 20.30 16
Switch to
Tabular Data
Graph
Y/e 31 Mar ( In .Cr) Mar-2020 Mar-2018 Mar-2017 Mar-2016
Profit before tax 34.60 33.90 38.20 29.40
Depreciation (1.20) (0.70) (0.60) (0.60)
Tax paid (7.70) (10) (9.10) (9.10)
Working capital 53.20 29.50 5.06 6.58
Other operating items -- -- -- --
Operating cashflow 79 52.80 33.50 26.30
Capital expenditure 32.30 16.60 13.20 2.07
Free cash flow 111 69.40 46.70 28.30
Equity raised 187 151 130 111
Investments 32.90 34.10 31.20 9.68
Debt financing/disposal (4.70) 3.90 (2.60) 1.26
Dividends paid 0.56 2.23 1.11 5.83
Other items -- -- -- --
Net in cash 327 260 206 156
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar ( In .Cr) Mar-2020 Mar-2019 Mar-2018 Mar-2017
Equity capital 22.30 22.30 22.30 22.30
Preference capital -- -- -- --
Reserves 147 137 113 90.20
Net worth 170 159 136 112
Minority interest
Debt 3.04 2.19 4.74 1.07
Deferred tax liabilities (net) 0.89 0.75 0.85 0.97
Total liabilities 180 167 148 122
Fixed assets 41.20 36.10 29.30 27.20
Intangible assets
Investments 52.50 48.20 54.80 47
Deferred tax asset (net) 1.42 0.57 1.02 1.34
Net working capital 66.90 67.90 54.50 33.10
Inventories 21.10 25.10 21.10 13.10
Inventory Days 39.20 -- 54.60 37.80
Sundry debtors 53.90 49.10 27.90 29.30
Debtor days 100 -- 72.20 84
Other current assets 20.80 21.50 19.90 9.96
Sundry creditors (23) (21) (11) (15)
Creditor days 43.50 -- 28.10 44.50
Other current liabilities (5.50) (7) (3.60) (3.80)
Cash 17.90 14.70 8.01 13.10
Total assets 180 167 148 122
Switch to
Consolidated
Standalone


Particulars ( Rupees In Crores.) Sep-2020 Jun-2020 Mar-2020 Dec-2019 Sep-2019
Gross Sales 54.80 30.40 43.60 52.10 51
Excise Duty -- -- -- -- --
Net Sales 54.80 30.40 43.60 52.10 51
Other Operating Income -- -- -- -- --
Other Income 3.81 5.31 0.41 3.13 (0.70)
Total Income 58.60 35.70 44 55.20 50.30
Total Expenditure ** 44.80 26.30 49.20 44 40.90
PBIDT 13.80 9.42 (5.20) 11.20 9.39
Interest 0.14 0.13 0.16 0.16 0.16
PBDT 13.60 9.29 (5.40) 11 9.23
Depreciation 0.34 0.33 0.33 0.30 0.27
Minority Interest Before NP -- -- -- -- --
Tax 2.17 0.89 1.83 2.23 1.96
Deferred Tax 0.10 (0.10) (1.40) 0.36 0.40
Reported Profit After Tax 11 8.20 (6.10) 8.10 6.59
Minority Interest After NP 0.52 0.40 0.17 0.44 0.39
Net Profit after Minority Interest 10.50 7.80 (6.30) 7.65 6.21
Extra-ordinary Items -- -- (11) 1.67 --
Adjusted Profit After Extra-ordinary item 10.50 7.80 5.08 5.98 6.21
EPS (Unit Curr.) 0.95 0.70 (0.60) 0.69 0.56
Book Value (Unit Curr.) -- -- -- -- --
Dividend (%) -- -- 2.50 -- --
Equity 22.20 22.30 22.30 22.30 22.30
Public Shareholding (Number) -- -- -- -- --
Public Shareholding (%) -- -- -- -- --
Pledged/Encumbered - No. of Shares -- -- -- -- --
Pledged/Encumbered - % in Total Promoters Holding -- -- -- -- --
Pledged/Encumbered - % in Total Equity -- -- -- -- --
Non Encumbered - No. of Shares -- -- -- -- --
Non Encumbered - % in Total Promoters Holding -- -- -- -- --
Non Encumbered - % in Total Equity -- -- -- -- --
PBIDTM(%) 25.20 31 (12) 21.40 18.40
PBDTM(%) 24.90 30.60 (12) 21.10 18.10
PATM(%) 20.10 27 (14) 15.60 12.90