Fcl stock research analysis multibagger stock
Fineotex Chemical Ltd ( My Observation ,no recommendations ) Market Cap 1,232 Cr. Current Price 111 High / Low 120 / 29.2 Book Value 18.9 Promotors holding-around 65% ( In Last 3 yrs from 72.36 to 64.72 and last few month 64.72 to 64.82) -OPM betwee 18-19% ( consolidated )in last 3-4 yrs standalone between 20-25% -sales growth last 3 yrs 16% and profit growth 23% - Almost debt free - High debtor days -Good ROCE and ROE EBITDA Margins - Company is hopeful for maintaining margins of 18-19% https://t.co/8gzZOu4fS4 -Manufacturing ,JV and R&D 1- Navi Mumbai- Capacity 36000 MT 2 Malaysia -6500 MT 3- Upcoming- Ambernath facility - 36000 TPA 4-JV with HealthGuard Australia for durable metal-free sustainable chemistry solutions that are anti-microbial and anti-viral(textile,detergent, leather and allied products) 5-Sasmira-Setting up a state of art Research & Development centre in collaboration with Sasmira Institute, one of India’s premier textile institutes -Fy 21 R&D e