Risk Intelligence
US tariff impact on textile orders
View Risks →Fineotex Chemical reported Q2 FY26 consolidated revenue of ₹145.43 crore, with EBITDA of ₹31.03 crore (margin 22.53%) and PAT of ₹26.08 crore.
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Fineotex Chemical reported Q2 FY26 consolidated revenue of ₹145.43 crore, with EBITDA of ₹31.03 crore (margin 22.53%) and PAT of ₹26.08 crore. Revenue was flat YoY due to US tariff-related postponements in textile orders, though sequential improvement was driven by gross margin expansion of 500bps QoQ to 38.45% from better product mix and cost controls. The oil & gas segment grew to 7% of sales (from 4% in Q1), and the new 16,000-tonne capacity plant is ramping up. Management expects H2 to be stronger than H1, targeting at least 15% annual growth, with potential government orders for Aqua Strike in H2. Key risk: continued geopolitical uncertainty could further delay textile order conversion.
फाइनोटेक्स केमिकल ने Q2 FY26 में ₹145.43 करोड़ की कमाई की। कंपनी का मुनाफा (EBITDA) ₹31.03 करोड़ रहा, जो कमाई का 22.53% है। शुद्ध मुनाफा (PAT) ₹26.08 करोड़ था। अमेरिकी टैरिफ के कारण कपड़ा ऑर्डर में देरी से कमाई पिछले साल जितनी ही रही। लेकिन कंपनी ने लागत घटाकर और बेहतर उत्पाद बेचकर मुनाफा बढ़ाया। तेल और गैस कारोबार अब कुल बिक्री का 7% हो गया है। नया कारखाना भी चालू हो रहा है। कंपनी को उम्मीद है कि दूसरी छमाही पहली से बेहतर रहेगी और सालाना वृद्धि कम से कम 15% रहेगी। सरकारी ऑर्डर भी मिल सकते हैं। जोखिम: दुनिया में अनिश्चितता से ऑर्डर में और देरी हो सकती है।
US tariff impact on textile orders
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Read Transcript →Oil & gas segment contribution increased from 4% in Q1 to 7% in Q2, driven by breakthrough orders.
Gross margin expanded sharply sequentially due to improved product mix and cost efficiencies.
Total volume was ~15,600 tonnes vs 15,150 tonnes in Q1, with new plant contributing ~10% utilization.
Textile share declined slightly as oil & gas and other segments grew faster.
Management expects second half to be stronger than first half, driven by textile recovery and oil & gas ramp-up.
Geopolitical tensions and US tariffs have caused postponement of textile orders, affecting revenue conversion.
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