Alerts will be sent to your verified email
Verify EmailFCL
Balance sheet of Fineotex Chemical is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Fineotex Chemical is increasing.
Latest debt of Fineotex Chemical is -₹55.91 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹74.41 Crs.
Yes, profit is increasing.
The profit of Fineotex Chemical is ₹120 Crs for TTM, ₹120 Crs for Mar 2024 and ₹88.32 Crs for Mar 2023.
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Fineotex Chemical latest dividend payout ratio is 14.79% and 3yr average dividend payout ratio is 10.95%
Companies resources are allocated to majorly productive assets like Plant & Machinery