Fineotex Chemical Reports 164% Revenue Growth In Q1 FY26-27
Fineotex Chemical Ltd (FCL), one of India’s leading multinational specialty performance chemical manufacturers, reported a strong performance for the first quarter ended June 30, 2026, driven by the successful integration of CrudeChem Technologies Group and robust demand across key end-use sectors.
The company’s consolidated total income rose 164.5% year-on-year to Rs 386.72 crore in Q1 FY26-27, compared to Rs 146.22 crore in the corresponding quarter last year. EBITDA increased 134.7% to Rs 59.14 crore, while profit after tax (PAT) grew 92.7% to Rs 48.21 crore.
Gross profit climbed 190.3% to Rs 133.40 crore, with gross margin improving to 35.42%. EBITDA margin stood at 15.70% during the quarter.
Operationally, Fineotex strengthened its position in the oil and gas specialty chemicals segment through the integration of CrudeChem Technologies Group. The company also commissioned a major capacity expansion at its Texas facility, taking total manufacturing capacity to approximately 148,000 MTPA.
Commenting on the results, Sanjay Tibrewala, Executive Director and CFO, said the acquisition has significantly enhanced Fineotex’s presence in the global oil and gas chemicals market while improving operational efficiencies and scalability.
Aarti Jhunjhunwala, Executive Director, highlighted the continued strength of the company’s domestic business and its ability to effectively manage raw material cost volatility while maintaining healthy margins. She added that the expanded U.S. capacity will support future growth in the North American oilfield chemicals market.
