1. Fine Organic
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50% Sell

Fine Organic Share Price

FINEORG

₹4,348.10-₹31.20 (-0.71%) Past Year
₹4,329.80₹4,458.00
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Company overview

About

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Market cap

Market Cap Switch₹13,331 Cr

Open

₹4,379.30

Close

₹4,379.30

Circuit range

₹5,255.15 - ₹3,503.45

Day range

₹4,329.80 - ₹4,458.00

Year range

₹4,021.00 - ₹5,164.90

Volume

25,895

Avg. traded

₹4,391.80

Revenue (12m)

₹2,173 Cr

Fine Organic

Established in 1970, Fine Organics was the brainchild of Ramesh Shah, a Mumbai-based businessman with expertise in chemical trading, and Prakash Kamat, a technocrat. United by their vision for the potential of derivatives derived from natural oils, they co-founded Fine Organics. The company was initially known as Fine Organic Industries.

Fine Organics introduced specialty additives to the Indian market. Leveraging raw materials sourced from locally grown plants and employing highly automated facilities, the company ensured a level of quality consistency that met global benchmarks.

Fine Organics specialises in the development of additives tailored for a range of industrial applications. From plastics, packaging, and foods to cosmetics, rubbers, feed nutrition and coatings, the company’s solutions have found their way into daily lives.

The market capitalisation of the company is over ₹15,000 crore as of December 30, 2023. Fine Organics share price has gained over 98% in three years.

Business products

Fine Organics has a comprehensive product line comprising more than 470 items, serving a vast network through over 180 distributors. The company operates from seven manufacturing facilities. Its global footprint extends to over 80 countries. The Fine Organics’ team includes over 25 scientists and technologists who work at the company’s R&D centre.

Fine Organics’ array of additives are used in various industries:

Food additives:

These additives ensure that food products remain fresh and of high quality while also extending their shelf life. The end-use applications of Fine Organics’ food additives include bakery, confectionery, oil and fats, dairy products and beverages.

Polymer additives:

Fine Organics’ polymer additives are used in packaging films, bottle caps, wires and cables, furniture components, automobile parts, and pipes and fittings.

Feed nutrition additives:

These additives step in as alternatives to harmful antibiotics. They are used particularly in poultry feeds and cattle feeds.

Cosmetic emollients:

Fine Organics offers emollients to the cosmetic industry, facilitating the creation of goods such as lotions, gels, pastes and creams. In addition to improving sensory perception and the chemical stability of sensitive active agents, these additives provide long-term physical stability during transportation and storage.

Coatings and specialities:

The longevity and look of coatings are enhanced by these compounds. The company also provides a large selection of specialist additives such as automotive lubricants, printing inks and coating material.

Financial highlights

Fine Organics net revenue in FY23 was ₹3,029 crore, an increase of 63% compared to ₹1,858 crore in the previous fiscal year. Around 68% of the total revenue in FY23 came from export sales. The net profit after tax in FY23 was ₹591 crore, an increase of 136% from ₹251 crore in FY22. The company’s EBITDA (earnings before interest, taxes, depreciation, and amortization) was ₹781 crore in FY23, an increase of 124% compared to ₹349 crore in FY22. The EBITDA margin stood at 26% in FY23, as compared to 18.75% in FY22. Fine Organics’ earnings per share (EPS) increased to 201.6 in FY23, an increase of 138% compared to 84.71 in FY22.

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Fine Organic Key indicators

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52 week high

₹5,164.90

52 week low

₹4,021.00

P/E ratio

29.84

P/B ratio

7.38

ROE

47.62%

ROCE

62.15%

Dividend yield

0.21%

Debt/Equity ratio

0.02

EPS

192.63

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Investment checklist: (4/6)

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Safety factor

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Growth factor

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Debt vs Equity

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Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Sell

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Buy

30%

Hold

20%

Sell

50%

This analysis is based on the reviews of 10 experts in the last 7 days

Fundamentals

Financial ratios

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  • Profitability

  • Operational

  • Valuation

Operating profit margin

27.87%

Net profit margin

19.47%

ROE

47.62%

ROA

39.61%

ROCE

62.15%

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Fine Organic Shareholder returns

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1 day

-0.71%

1 week

-0.37%

1 month

+4.88%

3 months

-8.26%

1 year

-3.25%

3 years

+77.50%

5 years

+235.57%

Revenue statement

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

Cash flow

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

Balance sheet

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

Fine Organic Share Price history

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DayOpenCloseDay’s change
Fri, Apr 12 2024
₹4,379.30
₹4,348.10
-0.72%
Wed, Apr 10 2024
₹4,334.35
₹4,379.30
+1.03%
Tue, Apr 9 2024
₹4,369.30
₹4,312.75
-1.31%
Mon, Apr 8 2024
₹4,397.00
₹4,369.35
-0.63%
Fri, Apr 5 2024
₹4,400.00
₹4,354.95
-1.03%
Thu, Apr 4 2024
₹4,285.20
₹4,364.15
+1.81%
Wed, Apr 3 2024
₹4,250.05
₹4,260.10
+0.24%
Tue, Apr 2 2024
₹4,254.30
₹4,263.90
+0.23%

Shareholding info

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Promoters (75%)

Mutual Funds (11.4%)

Retail and other (9.57%)

Foreign institutions-FII (3.58%)

Other domestic institutions (0.46%)

Promoters

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Events

Corporate actions

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  • Dividend • ₹9/share

    Ex date 14 Aug 2023

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  • Dividend • ₹9/share

    Ex date 11 Aug 2022

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Frequently asked questions