Fineotex Posts Strong Q4 And FY26 Results

19 May 2026 CW Team

The firm said its recently acquired United States oil and gas specialist, CrudeChem Technology, has been integrated and is operating at improved efficiency. Fineotex added a new 15-acre facility in Midland in the Permian Basin with an annual handling capacity of about 150 million pounds (mn) and roughly 80,000 tonnes per annum, where tonne (t) denotes metric weight. The facility expands blending, storage, logistics, research and development, quality assurance and supply chain capabilities.

Management said the integration strengthened operational execution, capacity utilisation and scalability and contributed to topline growth and wider EBITDA margins. Domestic operations recorded healthy demand across key end-user segments and the company passed higher raw material costs to customers, which helped preserve blended margins. The group has doubled CrudeChem’s manufacturing capacity to pursue larger contracts and further growth.

Fineotex is one of the leading Indian multinational specialty performance chemical producers, serving about 70 countries through a network of 103 plus dealers and distributors in India and operating a NABL accredited research and development laboratory. The group runs manufacturing facilities in Ambernath, Navi Mumbai in India, Selangor in Malaysia and in the United States and remains focused on technology driven, sustainable solutions for textile, clean and homecare, water treatment and oil and gas sectors.

Fineotex Chemical reported consolidated results for the quarter and year ended March 31, 2026. Q4 consolidated revenue was Rs 3.14 billion (bn) (3,137.3 million (mn)), up 162 per cent year on year, with Q4 EBITDA of Rs 436.9 million (mn), up 105 per cent and Q4 profit after tax of Rs 437.9 million (mn), up 118 per cent. For the year, consolidated revenue was Rs 7.72 billion (bn), up 45 per cent, EBITDA was Rs 1.35 billion (bn), up six per cent, and profit after tax was Rs 1.25 billion (bn), up 14 per cent. Year on year volumes rose 131 per cent. The firm said its recently acquired United States oil and gas specialist, CrudeChem Technology, has been integrated and is operating at improved efficiency. Fineotex added a new 15-acre facility in Midland in the Permian Basin with an annual handling capacity of about 150 million pounds (mn) and roughly 80,000 tonnes per annum, where tonne (t) denotes metric weight. The facility expands blending, storage, logistics, research and development, quality assurance and supply chain capabilities. Management said the integration strengthened operational execution, capacity utilisation and scalability and contributed to topline growth and wider EBITDA margins. Domestic operations recorded healthy demand across key end-user segments and the company passed higher raw material costs to customers, which helped preserve blended margins. The group has doubled CrudeChem’s manufacturing capacity to pursue larger contracts and further growth. Fineotex is one of the leading Indian multinational specialty performance chemical producers, serving about 70 countries through a network of 103 plus dealers and distributors in India and operating a NABL accredited research and development laboratory. The group runs manufacturing facilities in Ambernath, Navi Mumbai in India, Selangor in Malaysia and in the United States and remains focused on technology driven, sustainable solutions for textile, clean and homecare, water treatment and oil and gas sectors.

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