FINEORG

Fine Organic Industries Ltd.

NSE: FINEORG

BSE: 541557

Sector: Chemicals

Industry Group: Chemicals & Petrochemicals

Industry: Specialty Chemicals

5,175.00-27.0 (-0.52%)

18 Sep, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

73.6 / 100

Value Score

33.8 / 100

Price Momentum Score

79.0 / 100

QVM Score

73.3 / 100

Key Metrics

Market Cap

15866.50

P/E (TTM)

38.04

P/B

5.95

P/S (TTM)

6.71

EV/EBITDA

29.99

CAPE (5Y)

37.47

ROE (TTM)

16.82

ROCE (TTM)

16.96

ROA (TTM)

15.14

Avg 3Y ROE

20.03

Earnings 3Y CAGR

-12.29

Sales 3Y CAGR

-7.85

Sales 5Y CAGR

15.86

Debt/Equity

0.03

Consensus TP

5527.50

Strong Buy %

33.33

Promoter Holding

75.00

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Fine Organic Industries Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Strong price momentum

Price Momentum score of 79.0 indicates that the stock has strong price momentum. Research has shown that stocks with higher momentum continue to outperform in the near term

What is Price Momentum score?

79.0 / 100

Analysts have been raising forward EPS estimates

Analyst EPS estimate (consensus) for forward EPS has increased by 4.24% in the last 3 months, indicating earnings momentum

What is Earnings upgrade (3M)?

High and stable operating margin

The company reported strong operating margin of 18.03% for 12-month ended 30 Jun 2026 and operating margin declined marginally by -122 bps from 1 year ago

What is Operating profit margin?

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.03 as on 30 Jun 2026 and Debt to Equity increased marginally by 0.03 in the last 1 year

What is Debt to Equity?

Consistently pays dividend

The company has not missed dividend payments once in the last 9 financial years

What is Dividend streak?

Company is net cash

The company is net cash i.e., cash and cash equivalents exceed total debt indicating a healthy balance sheet

What is Net Debt ?

Negative

Expensive and at a premium to industry median P/E

PE TTM of 38.04 indicates that the stock is expensive on a standalone basis and is at a 37.73% premium to industry median P/E

What is P/E Ratio?

Median: 27.62

Value 38.04

-5.8771.9

Low revenue growth and lower than median growth of industry

The company delivered moderate revenue growth of 4.26% for 12-month ended 30 Jun 2026 and the growth was 8.35 percentage points lower than median growth of industry

What is Sales growth (1Y)?

Median: 12.61

Value 4.26

-39.32704870

Low EPS growth and lower than median growth of industry

The company delivered moderate EPS growth of 1.6% for 12-month ended 30 Jun 2026 and the growth was 14.5 percentage points lower than median growth of industry

What is EPS growth (1Y)?

Low dividend yield

The company has a low dividend yield of 0.21%

What is Dividend yield?

Neutral

High ROE but declining trend

The company reported strong ROE of 16.82% for 12-month ended 30 Jun 2026 but ROE declined by -265 bps from 1 year ago

What is ROE (FY)?

Company's earnings are of moderate quality

Earnings quality score of 58.6 indicates that the company's earnings are of moderate quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

58.6 / 100

Financial Snapshot

See detailed analysis

Multi-year trends for Fine Organic Industries Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Fine Organic Industries Ltd. Shareholding Pattern

Quarterly breakdown of Fine Organic Industries Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total Promoter	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00
Indian Promoter	74.60	74.60	74.60	74.60	74.60	74.60	74.60	74.60	74.60	74.60	74.60	74.60	74.60	74.60	74.60	74.60	74.60	74.60	74.60	74.60	74.60	74.60	74.60	74.60	74.60	74.60
Foreign Promoter	0.40	0.40	0.40	0.40	0.40	0.40	0.40	0.40	0.40	0.40	0.40	0.40	0.40	0.40	0.40	0.40	0.40	0.40	0.40	0.40	0.40	0.40	0.40	0.40	0.40	0.40
Institutions	21.14	20.76	20.60	20.52	20.12	18.21	18.11	18.47	18.89	18.14	17.66	17.42	16.92	16.02	15.95	15.44	15.23	16.07	16.45	16.74	16.70	16.75	16.59	16.23	16.05	16.00
Mutual Funds / UTI	14.65	13.89	13.81	13.21	13.20	10.46	10.14	10.40	10.62	10.11	10.43	11.11	11.74	11.90	11.77	11.40	10.28	9.93	10.15	10.24	10.84	10.90	10.98	10.77	10.62	10.70
FI/Bank/Insurance	0.01	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.21	0.24	0.07	0.02	0.02	0.02	0.16	0.31	0.37	1.10	1.35	1.22	1.12	0.96	0.96	0.95	0.96	0.95
Govt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	5.31	5.76	5.75	6.38	5.93	6.80	6.79	7.26	7.25	7.20	6.74	5.91	4.84	3.78	3.78	3.58	4.47	4.94	4.88	5.22	4.66	4.81	4.57	4.43	4.40	4.27
Other Institutions	1.18	1.10	1.05	0.93	0.99	0.94	1.18	0.81	0.81	0.59	0.42	0.38	0.33	0.32	0.24	0.13	0.11	0.09	0.06	0.06	0.08	0.08	0.08	0.08	0.08	0.07
Non-Institution	3.86	4.24	4.40	4.48	4.88	6.79	6.89	6.53	6.11	6.86	7.34	7.58	8.08	8.98	9.05	9.57	9.77	8.93	8.55	8.26	8.31	8.26	8.41	8.77	8.95	9.00
Bodies Corporate	0.44	0.48	0.50	0.47	0.56	0.79	0.82	0.88	0.80	0.73	0.71	0.66	0.70	0.68	0.64	0.63	0.61	0.60	0.61	0.66	0.57	0.61	0.60	0.58	0.71	0.71
Others (incl. Retail) No. of shareholders	3.42 22,287	3.76 26,231	3.90 37,583	4.01 37,900	4.32 41,702	6.00 53,100	6.07 54,941	5.65 55,407	5.31 60,552	6.13 80,309	6.63 95,156	6.92 1,09,528	7.38 1,15,876	8.30 1,33,268	8.41 1,34,665	8.94 1,40,764	9.16 1,45,933	8.33 1,30,737	7.94 1,21,703	7.60 1,14,661	7.74 1,11,859	7.65 1,04,401	7.81 97,292	8.19 93,298	8.24 88,318	8.29 82,988

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

#	Index	Weight	Rank
1	SHI: Specialty Chemicals	4.51%	8 / 20
2	SHI: Chemicals & Petrochemicals	2.56%	15 / 20

Prominent Investor Holdings

Hitesh Satishchandra Doshi

Jun 2026

1.03%

₹ 163 Cr

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Fine Organic Industries Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
Bimal Mukesh Shah Promoter & Director	March-2024	Off Market (Acquisition) 28th Mar 2024	5.90 %	₹ 0.00	13.91 lac	₹ 5.00
Jayen Ramesh Shah Promoter & Director	March-2024	Off Market (Acquisition) 28th Mar 2024	11.17 %	₹ 0.00	13.91 lac	₹ 5.00
Mukesh Maganlal Shah Promoter & Director	March-2024	Off Market (Acquisition) 28th Mar 2024	5.75 %	₹ 0.00	1.54 lac	₹ 1.00
Tushar Ramesh Shah Promoter & Director	March-2024	Off Market (Acquisition) 28th Mar 2024	12.07 %	₹ 0.00	43.26 lac	₹ 14.00
Tushar Ramesh Shah Promoter & Director	March-2024	Off Market (Disposal) 28th Mar 2024	26.18 %	₹ 0.00	29.35 lac	₹ 10.00
Akruti Bimal Shah Promoter Group	September-2022	Inter-se Transfer (Acquisition) 9th Sep 2022	0.00 %	₹ 0.00	4.47 lac	₹ 0.00
Bimal Mukesh Shah Promoter	September-2022	Inter-se Transfer (Disposal) 9th Sep 2022	6.90 %	₹ 0.00	3.07 lac	₹ 0.00
M M Shah HUF Promoter Group	September-2022	Inter-se Transfer (Disposal) 9th Sep 2022	0.46 %	₹ 0.00	1.41 lac	₹ 0.00
R M Shah HUF Promoter Group	March-2022	Market Sale (Disposal) 28th Mar 2022	1.01 %	₹ 4,013.82	500.00	₹ 20.07 lac

Corporate Actions

History of Fine Organic Industries Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 11/share
Record date: 31st Jul 2026Ex-date: 31st Jul 2026
Announced on: 19th May 2026
Dividend₹ 11/share
Record date: 26th Jul 2025Ex-date: 25th Jul 2025
Announced on: 8th May 2025
Dividend₹ 10/share
Record date: 13th Aug 2024Ex-date: 13th Aug 2024
Announced on: 10th May 2024
Dividend₹ 9/share
Record date: 16th Aug 2023Ex-date: 14th Aug 2023
Announced on: 24th May 2023
Dividend₹ 9/share
Record date: 12th Aug 2022Ex-date: 11th Aug 2022
Announced on: 27th May 2022

Company Profile

Overview of Fine Organic Industries Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Fine Organic Industries Limited is an India-based company engaged in manufacturing, processing, supplying, distributing, dealing, importing, and exporting a range of oleochemical-based additives used in foods, plastics, cosmetics, coatings and other specialty applications in various industries. It h...

Key personnel

Ms. Sonali Bhadani

Chief Financial Officer

Ms. Pooja Bhavesh Lohor

Compliance Officer, Company Secretary

Mr. Mukesh Maganlal ShahD

Executive Chairman of the Board, Whole Time Director

Mr. Tushar Ramesh ShahD

Chief Executive Officer, Executive Director

Mr. Jayen Ramesh ShahD

Managing Director, Executive Director

Mr. Nikhil Dattatraya KamatD

Executive Director

Mr. Bimal Mukesh ShahD

Executive Director

Mr. Prakash Krishnaji ApteD

Non-Executive Independent Director

View all

Incorporated on

24 May 2002

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

939

IPO date

02 Jul 2018

Free Float

73,49,632

Website

https://www.fineorganics.com/

Phone no.

+912221025000

Address

Fine House, Anandji Street, Off M G Road, Ghatkopar East, MUMBAI, 400077, India

Frequently Asked Questions

What is the current share price of Fine Organic Industries Ltd.?

The current share price of Fine Organic Industries Ltd. is ₹ 5,175.00 as of 18 Sep 2026.

What is the market capitalisation of Fine Organic Industries Ltd.?

The market capitalisation of Fine Organic Industries Ltd. stands at ₹ 15,866.50 Cr.

What is the PE ratio of Fine Organic Industries Ltd.?

The Price-to-Earnings (PE) ratio of Fine Organic Industries Ltd. is 38.04 as of the latest trailing twelve months data.

What is the ROE and ROCE of Fine Organic Industries Ltd.?

Fine Organic Industries Ltd. has a Return on Equity (ROE) of 16.82% and a Return on Capital Employed (ROCE) of 16.96% as per the latest financial reports.

What is the 52-week high and low of Fine Organic Industries Ltd.?

The 52-week high of Fine Organic Industries Ltd. is - and the 52-week low is -.

What is the dividend yield of Fine Organic Industries Ltd.?

The dividend yield of Fine Organic Industries Ltd. is 0.21% based on the current market price.

What is the FII and DII holding in Fine Organic Industries Ltd.?

Foreign Institutional Investors (FII) hold 4.27%, Domestic Institutional Investors (DII) hold 11.65% and retail/public investors hold 8.29% of Fine Organic Industries Ltd. shares.

What sector does Fine Organic Industries Ltd. belong to?

Fine Organic Industries Ltd. operates in the Chemicals sector. 83.33% of analysts have a Buy or Strong Buy rating on Fine Organic Industries Ltd. with a consensus target price of ₹ 5,527.50, implying 6.81% upside from current levels.

What is the beta of Fine Organic Industries Ltd.?

The beta of Fine Organic Industries Ltd. is 0.98, indicating its price volatility relative to the broader market. Over the past 1 year, Fine Organic Industries Ltd. has delivered an absolute return of 6.84%.

What is the RSI of Fine Organic Industries Ltd.?

The 14-day Relative Strength Index (RSI) of Fine Organic Industries Ltd. is 52.14, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Fine Organic Industries Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Fine Organic Industries Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Company Profile

Stock Analysis

Holdings and Presence

Corporate Actions