Which companies are Fineotex Chemical's closest peers?

The cockpit's peer set: New East New Materials (603110.SS), KeePer Technical Laboratory (6036.T), Hubei Sanxia New Building Materials (600293.SS), Borosil Renewables (BORORENEW.NS), Tianjin Jiuri New Materials (688199.SS), Shanghai Yaohua Pilkington Glass (600819.SS), Konishi (4956.T), Rain Industries (RAIN.NS).

Is Fineotex Chemical expensive compared with its peers?

On forward p/e it trades at 34.4× against a peer median of 17.2×, 2nd most expensive of 13 in its peer set.

How has Fineotex Chemical stock performed?

Over six months to 6 Nov 2026 the shares returned +85.8% against -6.3% for the median peer; over one year +107.4%.

← CockpitCompetitor Analysis › FCL.NS Fineotex Chemical LimitedOpen in the cockpit ↗

Fineotex Chemical LimitedFCL.NSCompetitor analysis, valuation and peers

India · INR·Chemicals›Industrial Specialties

Momentum leader 96

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$635M

US dollars, full cap

Free float

32%

of shares outstanding

$/day

$9.97M

20-day average traded

Fwd P/E

34.4×

forward earnings

ROIC−WACC

-2.5 pp

WACC 14.7%

Hurdle

n/a

no reverse DCF

Next earnings

103 days

17 Feb 2027

Close · INR₹51.55

1D-3.8%

1W+6.5%

1M-10.8%

3M+23.5%

6M+85.8%

YTD+109.0%

1Y+107.4%

ATR %6.0%

Beta1.29

52w lowhigh17.4% off high

What Fineotex Chemical does

Employees: 300

Fineotex Chemical at a glance

Size Fineotex Chemical (FCL.NS) is an India Materials company (Industrial Specialties) with a market value of $635M, the 756th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹51.55 on 6 Nov 2026.

Performance Over six months the shares gained 85.8%, against -6.3% for the median peer and 0.0% for the India market (cap-weighted) — highest of 21 in its peer set.

Growth Revenue grew 91.4% over the last twelve months (peer median +2.7%); the operating margin is 15.2% (peer median 5.3%).

Valuation It trades at 34.4× forward earnings against a peer median of 17.2× (2nd most expensive of 13).

Capital Return on invested capital runs 2.5 points below its cost of capital (14.7% WACC).

Next results Next results expected around 17 Feb 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Fineotex Chemical against the median of its 20 peers (local-currency closes).

Fineotex Chemical financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	₹10.1B	₹7.71B	₹5.32B	₹5.68B	₹5.16B
Revenue growth	—	+45%	-6%	+10%	—
Gross profit	₹2.66B	₹1.96B	₹1.68B	₹1.88B	₹1.50B
EBITDA	₹1.69B	₹1.37B	₹1.27B	₹1.48B	₹1.13B
Net income	₹1.22B	₹1.09B	₹1.08B	₹1.20B	₹883M
Free cash flow	n/a	-₹476M	-₹56.2M	₹498M	₹880M
Capital expenditure	n/a	₹254M	₹770M	₹479M	₹195M
Total debt	n/a	₹82.0M	₹2.17M	₹51.9M	₹72.8M

Quarterly statements and history in the cockpit →

Fineotex Chemical competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Fineotex Chemical is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Fineotex Chemical is the large dot.

Fineotex Chemical competitors and peer comparison

How Fineotex Chemical compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Fineotex Chemical against its 20 peers (data as of 6 Nov 2026)
Measure	FCL.NS	Peer median	Rank in peer set
1-month return	-10.8%	-3.8%	8th lowest of 21
6-month return	+85.8%	-6.3%	highest of 21
Distance from 52-week high	-17.4%	-29.5%	5th highest of 21
Revenue growth (TTM)	+91.4%	+2.7%	highest of 21
Operating margin	15.2%	5.3%	4th highest of 21
Forward P/E	34.4×	17.2×	2nd most expensive of 13
ROIC minus cost of capital	-2.5 pp	-3.9 pp	10th highest of 21
EV / EBITDA	35.6×	11.3×	most expensive of 14
Net debt / EBITDA	-0.4×	1.5×	4th least indebted of 14

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
Fineotex Chemical FCL.NS	India	$635M	+86%	+91%	15%	34.4×	n/a	n/a
New East New Materials 603110.SS	China	$633M	-5%	-5%	2%	n/a	n/a	n/a
KeePer Technical Laboratory 6036.T	Japan	$631M	+24%	+12%	27%	15.6×	-2.6%	+17.1%
Hubei Sanxia New Building Materials 600293.SS	China	$640M	+15%	-34%	-21%	n/a	n/a	n/a
Borosil Renewables BORORENEW.NS	India	$628M	-29%	+11%	26%	n/a	12.7%	+25.4%
Tianjin Jiuri New Materials 688199.SS	China	$628M	-3%	+15%	3%	64.5×	n/a	n/a
Shanghai Yaohua Pilkington Glass 600819.SS	China	$643M	-24%	0%	2%	30.7×	n/a	n/a
Konishi 4956.T	Japan	$643M	+9%	+7%	9%	12.3×	-10.1%	+4.9%
Rain Industries RAIN.NS	India	$645M	+35%	+17%	10%	12.4×	n/a	n/a
Mativ MATV	United States	$646M	+27%	+1%	4%	11.0×	6.2%	+13.0%
Central Glass 4044.T	Japan	$648M	0%	+4%	8%	10.6×	-6.5%	-5.4%
Wuxi Holyview Microelectronics 603375.SS	China	$618M	-10%	-17%	-9%	n/a	53.9%	+17.3%
Keshun Waterproof Technologies 300737.SZ	China	$656M	-41%	-12%	-8%	34.2×	-15.7%	-0.6%
Sheela Foam SFL.NS	India	$614M	-7%	+20%	6%	24.3×	23.3%	+9.4%
Guangdong Silver Age Sci & Tech 300221.SZ	China	$667M	-16%	+7%	7%	26.3×	27.7%	+6.0%
SGL Carbon SGL.DE	Germany	$668M	+2%	-16%	8%	18.9×	2.3%	-1.6%
ZACROS 7917.T	Japan	$596M	-11%	+6%	7%	12.5×	n/a	n/a
Pizu 9893.HK	Hong Kong	$677M	-8%	-8%	22%	n/a	n/a	n/a
Tianyang New Materials (Shanghai) Technology 603330.SS	China	$579M	+21%	-35%	-29%	n/a	10.6%	+4.2%
Shenzhen Xinhao Photoelectricity Technology 301051.SZ	China	$577M	-19%	-23%	-26%	n/a	n/a	n/a
Shanghai Smith Adhesive New Material 603683.SS	China	$706M	-43%	+19%	4%	n/a	33.2%	+16.0%

Questions

Which companies are Fineotex Chemical's closest peers?: The cockpit's peer set: New East New Materials (603110.SS), KeePer Technical Laboratory (6036.T), Hubei Sanxia New Building Materials (600293.SS), Borosil Renewables (BORORENEW.NS), Tianjin Jiuri New Materials (688199.SS), Shanghai Yaohua Pilkington Glass (600819.SS), Konishi (4956.T), Rain Industries (RAIN.NS).
Is Fineotex Chemical expensive compared with its peers?: On forward p/e it trades at 34.4× against a peer median of 17.2×, 2nd most expensive of 13 in its peer set.
How has Fineotex Chemical stock performed?: Over six months to 6 Nov 2026 the shares returned +85.8% against -6.3% for the median peer; over one year +107.4%.