5nance5nance
5nance5nance
HomeScreens
LOGINGET FREE ACCOUNT

Fine Organic Industries Ltd.

•
fineorganics.comBSE: 541557NSE: FINEORG
Market Cap₹ 15,775 Cr.
Current Price
High / Low₹ 5,407 / 3,856
Stock P/E40.6
Book Value₹ 864
Price to Book4.81
Dividend Yield0.21 %
ROCE20.2 %
ROE14.6 %
Face Value₹ 5

Add ratio to table

ABOUT

AI Sector View

AI GENERATED

Chemicals

Hold

The available domestic chemical proxies are mixed to weak. Fertilizers output was -8.0% YoY (2026-07) and sale quantity of fertilisers was 0.0% YoY (2026-05), although that high-frequency barometer is stale. FPI positioning is less negative than before, with net 3-month outflow only INR -11 crore versus INR -1229 crore in the prior 3 months to 2026-08-31, but the weak sector driver argues for a neutral stance.

Confidence
55%
View full sector analysis →

PROS

  • Company has delivered good profit growth of 24.7% CAGR over last 5 years
  • Company is almost debt free
  • Company has a healthy return on capital (ROCE) of 25.0%
  • Latest quarter profit grew 45.9% YoY, showing strong momentum
  • Company has delivered good sales growth of 15.2% CAGR over last 5 years
  • Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.06x)

CONS

  • Operating margins have contracted to 17.9% from 27.9%
  • Recurring exceptional / one-off items are inflating headline profit
  • Growth is decelerating - 3Y profit CAGR (-16.3%) trails the 5Y trend (24.7%)
  • Though reporting repeated profits, the company pays out little dividend (9.7%)

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

ChemicalsChemicalsChemicals
Part ofNIFTY 50NIFTY 500NIFTY LARGEMIDCAP 250NIFTY 100NIFTY 200
S.No.Name
1.SOLARINDS20550.0093.38185957.060.05666.3788.983668.2070.2638.1627.91
2.PIDILITIND1636.4062.88166565.831.318835.101202.8645515.501112.7432.3826.28
3.SRF2597.0035.6176981.530.35758.8775.535033.2634.6314.2124.57
4.FLUOROCHEM4731.2584.5151972.780.06219.0019.021588.0023.979.5826.83
5.NAVINFLUOR8538.2555.4743808.150.18243.31107.671045.0844.0721.3934.17
6.GODREJIND1138.5532.6238352.180.00523.36-27.855448.0922.1610.6412.82
7.DEEPAKNTR1733.6530.1923645.780.43345.01207.362577.6036.3911.5820.96
8.AETHER1646.0592.8921847.670.0062.7533.45326.5627.4911.6531.47
9.ATUL6484.4024.0019091.210.46253.9391.851847.9525.0315.0521.41
10.AARTIIND505.4534.5318334.020.20155.00260.472387.0042.426.9516.00
11.DEEPAKFERT1417.1018.2417949.400.71490.04100.953256.2622.4712.1225.96
12.FINEORG5145.2036.0115775.170.21138.1417.96694.1717.9821.8625.07
Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
532472426522508595525576559572529616668
380367333389386452417468452464444505509
Operating Profit1521049213112214310810812110885111173
OPM %28.54%22.12%21.70%25.16%23.98%24.02%20.56%18.78%21.68%18.93%16.00%18.06%25.91%
Other Income14171723242225262634203424
Interest1100000010021
Depreciation12141515121313141112131713
1541069513913415212011912813091127183
Tax %25.81%25.42%26.37%24.69%26.02%25.50%25.64%25.79%27.68%26.38%25.53%28.88%26.02%
Net Profit114797010499113898993956890136
3735233432372929303122294
Equity Capital15151515151515151515151515
Reserves0000000000000
Promoter Pledge %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
7788561,0441,0261,1211,8583,0291,9512,2052,2762,385
6316928227909291,5102,2481,4701,7241,8651,921
Operating Profit151180247260209382845553578525—
OPM %19212425192128282623—
Other Income41624241733647297115112
Interest43686542233
Depreciation2420173547404857515355
123157223217156337793493525476531
Tax %3536422326262626262727
Net Profit80101129167115251591368390346389
EPS263342543782193120127113—
Dividend Payout %27211713291158910—
Minority Interest00000000000
Share of Associates00000000000
Adjusted EPS283342543782193120127113—

COMPOUNDED SALES GROWTH

10 Years:
13%
5 Years:
15%
3 Years:
-9%

COMPOUNDED PROFIT GROWTH

10 Years:
16%
5 Years:
25%
3 Years:
-16%

STOCK PRICE CAGR

10 Years:
—
5 Years:
11%
3 Years:
2%
1 Year:
6%

RETURN ON EQUITY

10 Years:
26%
5 Years:
27%
3 Years:
18%
Last Year:
15%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Corporate actions

2026

Jul 31

₹ 2.20

Rs.11.0000 per share(220%)Final Dividend

2025

Jul 25

₹ 2.20

Rs.11.0000 per share(220%)Final Dividend

2024

Aug 13

₹ 2

Rs.10.0000 per share(200%)Final Dividend

2023

Aug 14

₹ 1.80

Rs.9.0000 per share(180%)Final Dividend

2022

Aug 11

₹ 1.80

Rs.9.0000 per share(180%)Final Dividend

2021

Aug 13

₹ 1

Rs. 5.oooo per share (100%) Golden Jubilee Dividennd

2021

Aug 13

₹ 1.20

2020

Sep 10

₹ 0.60

Rs.3.0000 per share(60%)Final Dividend

2020

Feb 18

₹ 0.80

Rs.4.0000 per share(80%)Interim Dividend

2018

Sep 19

₹ 1.40

Rs.7.0000 per share(140%)Final Dividend

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
LIABILITIES----------
Equity Capital5151515151515151515
3303934936157249431,5071,8462,2032,499
40543533323327000
Trade Payables6869528499151171132151168
86113108787742383389
Total Liabilities4515377098569491,2201,7622,0312,4022,772
ASSETS----------
978878217196229214268254267
Capital Work in Progress3321066261440302646
14141744444353116181262
888379119109202299195275274
0000000348368402
Cash & Bank1471032062612164979618911,306
234312326264313516659113408214
Total Assets4515377098569491,2201,7622,0312,4022,772
Total Debt4054128125895927000
Net Working Capital1632033253874586251,1221,3821,4931,830
Contingent Liabilities5811101414192399
Book Value per Share692.90133.22165.83205.73240.98312.62496.46607.07723.40820.13
Face Value10.005.005.005.005.005.005.005.005.005.00

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
49649721813574434606196372
Cash from Investing-16-52-93-84-40-56-85-429-639-412
Cash from Financing-59-1793-35-39-65-69-58-34-44
-26-5979956-48280118-477-83
Free Cash Flow4925151469014376505165287
OCF / Net Profit0.610.640.751.311.180.300.731.650.501.08
Cumulative 5-Year FCF00003262916421,1321,1501,347

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
PER SHARE
EPS (₹)165.5833.0542.0854.3137.4981.76192.63119.88127.09112.97
Book Value (₹)692.90133.22165.83205.73240.98312.62496.46607.07723.40820.13
Dividend per Share (₹)45.007.007.007.0011.009.009.0010.0011.0011.00
Cash EPS (₹)35.7839.5947.7765.6152.7494.77208.25138.34143.85130.36
PROFITABILITY
Operating Margin %18.54%20.76%23.58%25.22%18.61%20.36%27.87%24.58%21.79%17.95%
Net Margin %9.82%11.67%12.33%16.16%10.23%13.38%19.47%18.77%17.65%15.14%
ROE %26.98%27.27%28.14%29.23%16.78%29.54%47.62%21.73%19.10%14.64%
ROCE %34.59%38.30%41.73%32.34%20.50%37.04%62.15%29.07%25.81%20.25%
18.38%20.52%20.70%21.27%12.74%23.12%39.61%19.38%17.58%13.39%
EFFICIENCY
Debtor Days48595755524949775961
Inventory Days36362835373030463944
Payable Days45463543484032514042
39495048414046725864
FINANCIAL HEALTH
Debt to Equity (x)0.12x0.13x0.25x0.20x0.12x0.06x0.02x0.00x0.00x0.00x
Interest Coverage (x)29.20x51.34x38.12x28.35x26.66x69.89x178.78x213.70x311.40x157.48x
2.37x2.52x4.14x3.92x3.93x3.57x5.50x8.66x8.51x7.96x
GROWTH
Revenue Growth %18.10%10.11%21.92%-1.70%9.26%65.74%63.00%-35.59%13.02%3.21%
Operating Profit Growth %-3.06%19.47%36.79%5.29%-19.50%82.48%121.56%-34.59%4.47%-9.06%
Net Profit Growth %3.91%26.71%27.31%29.06%-30.97%118.10%135.61%-37.77%6.02%-11.11%
0.00%0.00%0.00%0.00%0.00%0.00%0.00%-37.77%6.02%-11.11%
VALUATION
P/E (x)0.00x0.00x0.00x0.00x0.00x0.00x0.00x33.62x31.43x34.94x
P/B (x)0.00x0.00x0.00x0.00x0.00x0.00x0.00x6.64x5.52x4.81x
Dividend Yield %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.25%0.28%0.28%
0.00x0.00x0.00x0.00x0.00x0.00x0.00x20.61x19.66x20.55x

Shareholding Pattern

Numbers in percentages

Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
75.0075.0075.0075.0075.0075.0075.0075.0075.00
4.944.885.224.664.814.574.434.404.27
11.1211.5611.5212.0411.9412.0211.8011.6611.72
Government0.000.000.000.000.000.000.000.000.00
8.938.558.268.318.268.418.778.959.00

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-09-02
Updates

2026-09-02 - Fine Organic Industries Limited has informed the Exchange regarding 'Execution of Share Transfer Agreement'.

2026-08-27
Disclosure under SEBI Takeover Regulations

2026-08-27 - Jayen Ramesh Shah has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

2026-08-18
Shareholders meeting

2026-08-18 - Fine Organic Industries Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 18, 2026. Further, the company has informed the Exchange regarding voting results.

2026-08-18
Shareholders meeting

2026-08-18 - Fine Organic Industries Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 18, 2026

2026-08-18
General Updates

2026-08-18 - Fine Organic Industries Limited has informed the Exchange about updates on Acquisitions

2026-08-10
Copy of Newspaper Publication

2026-08-10 - Fine Organic Industries Limited has informed the Exchange about Copy of Newspaper Publication on financial results for the quarter ended June 30, 2026

2026-08-10
Investor Presentation

2026-08-10 - Fine Organic Industries Limited has informed the Exchange about Investor Presentation

2026-08-10
Press Release

2026-08-10 - Fine Organic Industries Limited has informed the Exchange regarding a press release dated August 10, 2026, titled "Investor release on the unaudited financial results of the Company for the quarter ended June 30, 2026.".

2026-08-07
Outcome of Board Meeting

2026-08-07 - Fine Organic Industries Limited has submitted to the Exchange, the financial results for the period ended June 30, 2026.

News

Recent coverage and analyst commentary for FINEORG

Loading news…

🤖

AI Stock Analyst

Fine Organic Industries Ltd.

🔒

Sign in to Chat with AI

Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.

✨ Sign In to Chat

Free 5nance Account

5nance5nance

Stock analysis and screening tool

5nanceAI © 2020-2026

Made with ❤️ in India.

Data provided by Accord Fintech

Terms & Privacy.

Product

PremiumWhat's new?Learn

Team

About usSupport

Theme

5nance5nance

Product

PremiumWhat's new?Learn

Team

About usSupport

Theme

5nanceAI © 2020-2026

Data provided by Accord Fintech

Made with ❤️ in India.

HomeScreens
Login