About
Fine Organic Industries Limited engages in manufacture, processing, supply, distribution, dealing, import, and export of oleochemical-based additives in India and internationally. The company offers food ingredient, such as emulsifiers, antifungal agents, bakery products, starch complexity agents, viscosity modifiers, anti-blooming agents, anti-splattering agents, crystal promoters, and anti-foam agents. It also provides polymer additives, including lubricants, anti-fogging additives, anti-slip agents, anti-static additives, anti-scratch additives, processing aids, slip and anti-blocking, dispersants, mold release agents, and rubber processor additives; personal care ingredients; feed ingredients; and specialty additives. The company's products are used in plastics, foods, rubbers, coatings, cosmetics, feed nutrition, and other specialty applications. Fine Organic Industries Limited was founded in 1970 and is based in Mumbai, India.
Key Metrics
as of Sep 2026Market Cap15,796 Cr
P/E36.10
Div Yield0.21 %
Book Value₹869.00
52w High₹5,407.00
52w Low₹3,856.00
Face Value₹5.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 668.00 | 616.00 | 529.00 | 572.00 | 559.00 | 576.00 | 522.00 | 595.00 | 508.00 | 522.00 | 426.00 | 472.00 | 532.00 |
| Expenses | 495.00 | 505.00 | 444.00 | 464.00 | 452.00 | 468.00 | 417.00 | 452.00 | 386.00 | 389.00 | 333.00 | 367.00 | 380.00 |
| Operating Profit | 173.00 | 111.00 | 85.00 | 108.00 | 107.00 | 108.00 | 104.00 | 143.00 | 122.00 | 132.00 | 92.00 | 104.00 | 152.00 |
| OPM % | 26.00 | 18.00 | 16.00 | 19.00 | 19.00 | 19.00 | 20.00 | 24.00 | 24.00 | 25.00 | 22.00 | 22.00 | 29.00 |
| Other Income | 24.00 | 34.00 | 20.00 | 34.00 | 33.00 | 26.00 | 29.00 | 22.00 | 24.00 | 22.00 | 17.00 | 17.00 | 14.00 |
| Depreciation | 13.00 | 17.00 | 13.00 | 12.00 | 11.00 | 14.00 | 13.00 | 13.00 | 12.00 | 15.00 | 15.00 | 14.00 | 12.00 |
| Interest | 1.00 | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 1.00 |
| Profit before tax | 183.00 | 127.00 | 91.00 | 130.00 | 128.00 | 119.00 | 120.00 | 152.00 | 134.00 | 139.00 | 95.00 | 106.00 | 154.00 |
| Tax % | 26.00 | 29.00 | 26.00 | 26.00 | 28.00 | 26.00 | 26.00 | 26.00 | 26.00 | 25.00 | 26.00 | 25.00 | 26.00 |
| Net Profit | 136.00 | 90.00 | 68.00 | 95.00 | 93.00 | 89.00 | 89.00 | 113.00 | 99.00 | 104.00 | 70.00 | 79.00 | 114.00 |
| EPS in Rs | 44.19 | 29.38 | 22.22 | 31.10 | 30.28 | 28.88 | 29.03 | 36.89 | 32.29 | 34.02 | 22.72 | 25.89 | 37.25 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,276.00 | 2,205.00 | 1,951.00 | 3,029.00 | 1,858.00 | 1,121.00 | 1,026.00 | 1,044.00 | 856.00 | 777.00 | 658.00 | 616.00 |
| Expenses | 1,865.00 | 1,724.00 | 1,470.00 | 2,248.00 | 1,510.00 | 929.00 | 790.00 | 822.00 | 692.00 | 630.00 | 512.00 | 500.00 |
| Operating Profit | 411.00 | 481.00 | 481.00 | 781.00 | 349.00 | 192.00 | 236.00 | 222.00 | 164.00 | 147.00 | 147.00 | 116.00 |
| OPM % | 18.00 | 22.00 | 25.00 | 26.00 | 19.00 | 17.00 | 23.00 | 21.00 | 19.00 | 19.00 | 22.00 | 19.00 |
| Other Income | 121.00 | 97.00 | 71.00 | 64.00 | 33.00 | 17.00 | 21.00 | 20.00 | 16.00 | 4.00 | 8.00 | 2.00 |
| Interest | 3.00 | 2.00 | 2.00 | 4.00 | 5.00 | 6.00 | 5.00 | 2.00 | 3.00 | 4.00 | 7.00 | 7.00 |
| Depreciation | 53.00 | 51.00 | 57.00 | 48.00 | 40.00 | 47.00 | 35.00 | 17.00 | 20.00 | 24.00 | 30.00 | 23.00 |
| Profit before tax | 476.00 | 525.00 | 493.00 | 793.00 | 337.00 | 156.00 | 217.00 | 223.00 | 157.00 | 123.00 | 118.00 | 88.00 |
| Tax % | 27.00 | 26.00 | 26.00 | 26.00 | 26.00 | 26.00 | 23.00 | 42.00 | 36.00 | 35.00 | 35.00 | 33.00 |
| Net Profit | 346.00 | 390.00 | 368.00 | 591.00 | 251.00 | 115.00 | 166.00 | 129.00 | 101.00 | 80.00 | 77.00 | 59.00 |
| EPS in Rs | 112.97 | 127.09 | 119.88 | 192.63 | 81.76 | 37.49 | 54.31 | 42.08 | 33.05 | 165.57 | 159.34 | 122.34 |
| Dividend Payout % | 10.00 | 9.00 | 8.00 | 5.00 | 11.00 | 29.00 | 13.00 | 17.00 | 21.00 | 9.00 | 28.00 | 25.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 5.00 | 5.00 | 5.00 |
| Reserves | 2,499.00 | 2,203.00 | 1,846.00 | 1,507.00 | 943.00 | 724.00 | 615.00 | 493.00 | 393.00 | 330.00 | 253.00 | 192.00 |
| Borrowings | 23.00 | 3.00 | 4.00 | 29.00 | 59.00 | 89.00 | 125.00 | 128.00 | 54.00 | 40.00 | 102.00 | 103.00 |
| Other Liabilities | 253.00 | 197.00 | 179.00 | 222.00 | 211.00 | 128.00 | 107.00 | 73.00 | 80.00 | 79.00 | 62.00 | 78.00 |
| Total Liabilities | 2,791.00 | 2,418.00 | 2,044.00 | 1,772.00 | 1,228.00 | 956.00 | 862.00 | 709.00 | 542.00 | 454.00 | 423.00 | 378.00 |
| Fixed Assets | 268.00 | 254.00 | 268.00 | 214.00 | 229.00 | 196.00 | 217.00 | 78.00 | 88.00 | 97.00 | 125.00 | 124.00 |
| CWIP | 47.00 | 27.00 | 30.00 | 40.00 | 14.00 | 26.00 | 6.00 | 106.00 | 32.00 | 3.00 | 6.00 | 8.00 |
| Investments | 262.00 | 181.00 | 116.00 | 53.00 | 43.00 | 44.00 | 44.00 | 17.00 | 14.00 | 14.00 | 5.00 | 0.00 |
| Other Assets | 2,214.00 | 1,956.00 | 1,631.00 | 1,465.00 | 941.00 | 690.00 | 596.00 | 508.00 | 408.00 | 340.00 | 287.00 | 246.00 |
| Total Assets | 2,791.00 | 2,418.00 | 2,044.00 | 1,772.00 | 1,228.00 | 956.00 | 862.00 | 709.00 | 542.00 | 454.00 | 423.00 | 378.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 372.00 | 196.00 | 606.00 | 434.00 | 74.00 | 135.00 | 218.00 | 97.00 | 64.00 | 49.00 |
| Cash from Investing Activity | -412.00 | -639.00 | -429.00 | -85.00 | -56.00 | -40.00 | -84.00 | -93.00 | -52.00 | -16.00 |
| Cash from Financing Activity | -44.00 | -34.00 | -58.00 | -69.00 | -65.00 | -39.00 | -35.00 | 93.00 | -17.00 | -59.00 |
| Net Cash Flow | -83.00 | -477.00 | 118.00 | 280.00 | -48.00 | 56.00 | 99.00 | 97.00 | -5.00 | -26.00 |
| Free Cash Flow | 302.00 | 158.00 | 542.00 | 353.00 | 14.00 | 89.00 | 145.00 | 15.00 | 13.00 | 38.00 |
| CFO/OP % | 119.00 | 69.00 | 155.00 | 82.00 | 43.00 | 92.00 | 118.00 | 82.00 | 70.00 | 67.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 64.00 | 61.00 | 65.00 | 57.00 | 65.00 | 57.00 | 52.00 | 58.00 | 69.00 | 57.00 | 53.00 | 55.00 |
| Inventory Days | 69.00 | 75.00 | 64.00 | 58.00 | 62.00 | 55.00 | 72.00 | 44.00 | 55.00 | 65.00 | 69.00 | 59.00 |
| Days Payable | 42.00 | 41.00 | 43.00 | 33.00 | 46.00 | 50.00 | 51.00 | 29.00 | 45.00 | 50.00 | 50.00 | 51.00 |
| Cash Conversion Cycle | 91.00 | 95.00 | 86.00 | 83.00 | 80.00 | 62.00 | 73.00 | 73.00 | 78.00 | 72.00 | 72.00 | 64.00 |
| Working Capital Days | 84.00 | 100.00 | 79.00 | 75.00 | 80.00 | 64.00 | 65.00 | 78.00 | 84.00 | 70.00 | 55.00 | 49.00 |
| ROCE % | 20.00 | 26.00 | 29.00 | 62.00 | 37.00 | 20.00 | 32.00 | 41.00 | 38.00 | 35.00 | 38.00 | 33.00 |
Corporate Actions
11 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 31 Jul 2026 | 31 Jul 2026 | — | 11.00 | |
| Dividend | 25 Jul 2025 | 26 Jul 2025 | — | 11.00 | |
| Dividend | 13 Aug 2024 | — | — | 10.00 | |
| Dividend | 14 Aug 2023 | — | — | 9.00 | |
| Dividend | 11 Aug 2022 | — | — | 9.00 | |
| Dividend | 13 Aug 2021 | — | — | 5.00 | NSE/BSE dividend mismatch: BSE/NSE=6.0; BSE/NSE=5.0 |
| Dividend | 13 Aug 2021 | — | — | 6.00 | NSE/BSE dividend mismatch: BSE/NSE=6.0; BSE/NSE=5.0 |
| Dividend | 10 Sep 2020 | — | — | 3.00 | |
| Dividend | 18 Feb 2020 | 21 Feb 2020 | — | 4.00 | |
| Dividend | 25 Jul 2019 | — | — | 7.00 | |
| Dividend | 19 Sep 2018 | — | — | 7.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update29 Sep 2025 from icra
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Rating update16 Jul 2024 from icra
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Rating update20 Jun 2023 from icra
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Rating update18 Apr 2022 from icra
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Rating update6 Apr 2021 from icra
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Rating update17 Jan 2020 from icra