Rattibha

Mahendra Parmar

19 Tweets 3 reads Aug 20, 2023

FINEOTEX CHEMICAL
Lets know about company.
Is a speciality Chemical Company.
Cater sustainable solution in Textile, Cleaning & Hygiene, Drilling and Other speciality segment.
Having 70% market share of Textile finished product treatment.

Never Lost textile industries client after start serving them.
Having Manufacturing facility in india and Malaysia.
In India Plant is at Mahape and Ambarnath Maharashtra. Having Overall Capacity of 104000 MTPA.

Plant can utilise max 80-85% capacity.
Last Qtr utilisation is near 62-63%.
There is space in Ambarnath facility that can expand further more 20000 MTPA.

Collaboration

Certification and Accreditation:

Management : Run by 2nd Gen. Team Mr. Sanjay Tibrewala and Arti jhunjhunwala with the help of Professionals of respective field.
In the last quarter FMCG Business head of Dow chemical serving since last 13-14 Year.

Dow is one of the global biggest specialty chemicals as we all know and they are one of our key co-producers in the FMCG product line. Interestingly, they do not have a plant also in India, so they are
importing all the goods from, earlier it was Europe

Revenue and Volume share segment wise
42% and 62% from FMCG product respectively and remain from textile and other segment.
Growth guidance is 23-25% with margin of 22-24%

Added lot of new FMCG client in Hygiene and cleaning segment.

Financial Performance