Fine Organic Industries Limited

BSE: FINEORG541557ISIN INE686Y01026

Commodities
Specialty Chemicals
BSE 1000

BSE listing

Share price

₹5,204.90+13.50 (+0.26%)

as of 18 Sep 2026

52W high: ₹5,405.00
52W low: ₹3,856.00
Off 52W high: -3.70%
1M return: +1.27%
3M return: -1.20%
6M return: +22.41%
1Y return: +6.76%
20D avg volume: 1,625
50 DMA: ₹5,069.76
200 DMA: ₹4,660.93

Key ratios Consolidated

Market cap: ₹15,958 Cr
Current price: ₹5,204.90
52W high / low: ₹5,405.00 / ₹3,856.00
Face value: ₹5.00
P/E: 36.43
P/B: —
EPS (TTM): ₹142.89
Book value / share: —
ROE: —
ROCE: 20.20%
Operating margin: —
Net margin: —
Debt / equity: 0.02
Net debt: ₹-143.38 Cr
Interest cover: 133.54
Dividend yield: 0.21%
Dividend / share (TTM): ₹11.00
Payout: 7.70%
Cash conversion cycle: 89.6 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	694.17	625.32	554.80	597.29	588.38	606.79	513.22	595.82	549.68	546.88	488.40	540.49
	24.25	34.60	21.13	21.13	39.82	25.77	29.06	21.90	24.50	22.83	17.44	17.15
	532.94	516.23	474.67	475.36	477.12	502.79	427.65	458.02	422.29	419.21	385.41	424.56
	393.41	393.74	329.83	356.40	360.61	361.97	348.04	362.08	309.43	274.52	225.49	250.81
	1.04	0.00	0.02	3.20	2.71	1.99	1.72	—	0.00	0.00	0.01	0.17
	46.88	41.82	44.96	37.38	39.78	37.28	32.85	31.32	33.71	32.52	28.39	28.64
	0.90	2.71	0.46	0.43	0.53	0.72	0.42	0.42	0.63	0.53	0.51	0.72
	13.82	18.04	13.77	12.81	11.79	14.84	13.03	12.41	11.70	15.29	14.74	14.40
	92.19	80.41	71.73	75.76	74.46	83.36	70.49	72.92	66.10	65.14	64.40	71.54
	185.48	143.69	101.27	143.05	151.09	129.77	114.63	159.70	151.90	150.51	120.44	133.08
	0.00	0.00	0.00	0.00	6.98	0.00	0.00	0.00	0.00	-0.56	0.00	0.00
	185.48	143.69	101.27	143.05	158.07	129.77	114.63	159.70	151.90	149.95	120.44	133.08
	45.41	25.30	26.85	33.46	40.25	32.80	31.93	41.77	38.16	35.28	25.25	28.90
	138.14	117.49	73.94	108.55	117.11	97.12	82.69	117.44	113.25	114.55	94.21	103.37
	45.06	38.32	24.11	35.40	38.19	31.68	26.97	38.30	36.94	37.36	30.73	33.71
Key metrics
	200.20	164.44	115.50	156.29	170.39	145.33	128.08	172.53	164.23	165.77	135.69	148.20
	28.80%	26.30%	20.80%	26.20%	29.00%	24.00%	25.00%	29.00%	29.90%	30.30%	27.80%	27.40%
	19.90%	18.80%	13.30%	18.20%	19.90%	16.00%	16.10%	19.70%	20.60%	20.90%	19.30%	19.10%
	—	5.40%	—	5.80%	—	5.70%	—	—	—	—	—	—
	18.00%	3.10%	8.10%	0.20%	7.00%	11.00%	5.10%	10.20%	—	—	—	—
	18.00%	21.00%	-10.60%	-7.60%	3.40%	-15.20%	-12.20%	13.60%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19
Income statement
	2,472	2,366	2,269	2,123	3,023	1,876	1,133	1,038	1,060
	101.11	116.67	97.60	71.88	64.15	33.06	17.10	20.19	19.82
	1,999	1,943	1,811	1,648	2,244	1,557	986.86	837.08	849.38
	1,473	1,441	1,382	1,083	1,923	1,220	715.36	636.01	647.84
	4.26	5.93	3.71	0.16	84.53	10.39	4.87	4.90	5.26
	171.04	163.93	135.16	119.55	105.30	89.27	79.57	72.45	62.79
	4.50	4.12	2.20	2.43	4.57	5.11	6.13	4.82	1.84
	58.44	56.41	52.30	56.15	47.89	39.90	46.77	34.66	17.45
	320.09	302.35	292.55	252.34	302.54	234.59	128.38	115.84	112.14
	573.49	539.09	555.99	547.32	842.77	352.56	163.45	221.18	230.78
	0.00	6.98	0.00	-0.56	0.00	0.00	0.00	0.00	0.00
	573.49	546.08	555.99	546.76	842.77	352.56	163.45	221.18	230.78
	131.02	125.86	144.66	132.23	222.89	91.82	41.81	51.32	94.52
	438.12	417.07	410.50	411.89	618.10	259.71	120.34	164.80	136.26
	142.89	136.03	133.89	134.34	201.60	84.71	39.25	53.75	44.44
Key metrics
	636.43	606.61	610.49	605.34	895.23	397.57	216.35	260.66	250.07
	25.75%	25.60%	26.90%	28.50%	29.60%	21.20%	19.10%	25.10%	23.60%
	17.73%	17.60%	18.10%	19.40%	20.40%	13.80%	10.60%	15.90%	12.90%
	—	20.20%	24.30%	—	—	—	—	—	—
	—	4.30%	6.90%	-29.80%	61.10%	65.60%	9.20%	-2.10%	—
	—	1.60%	-0.30%	-33.40%	138.00%	115.80%	-27.00%	20.90%	—
	—	287.59	76.40	—	—	—	—	—	—
	—	1.03	0.50	—	—	—	—	—	—
	—	0.02	0.00	—	—	—	—	—	—
	—	-143.38	-189.15	—	—	—	—	—	—
	—	89.6	86.7	—	—	—	—	—	—
Balance sheet
	—	2,999	2,511	—	—	—	—	—	—
	—	2,320	1,813	—	—	—	—	—	—
	—	188.33	189.15	—	—	—	—	—	—
	—	351.13	331.53	—	—	—	—	—	—
	—	402.49	362.92	—	—	—	—	—	—
	—	109.22	147.09	—	—	—	—	—	—
	—	386.32	360.87	—	—	—	—	—	—
	—	173.04	155.45	—	—	—	—	—	—
	—	273.37	214.42	—	—	—	—	—	—
	—	44.95	0.00	—	—	—	—	—	—
	—	0.15	0.00	—	—	—	—	—	—
	—	44.80	0.00	—	—	—	—	—	—
	—	2,665	2,295	—	—	—	—	—	—
Cash flow
	—	429.60	204.00	—	—	—	—	—	—
	—	-409.19	-668.61	—	—	—	—	—	—
	—	-0.22	-34.34	—	—	—	—	—	—
	—	142.01	127.60	—	—	—	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	668.07	616.30	528.59	571.93	559.15	576.25	521.51	595.47	508.33	521.52	425.76	471.73
	23.62	34.08	20.08	33.92	25.90	25.58	28.85	21.72	24.11	22.62	17.45	17.15
	508.53	523.74	457.19	476.33	463.65	482.54	430.66	465.35	398.62	405.07	348.61	382.46
	391.41	391.49	328.43	354.54	358.69	359.12	341.68	357.64	304.70	271.92	222.82	247.83
	1.04	0.00	0.00	2.73	2.09	1.99	1.31	—	—	—	—	—
	45.33	40.72	43.26	35.00	37.71	34.76	30.99	30.24	32.59	31.24	26.88	26.98
	0.73	1.74	0.41	0.39	0.51	0.50	0.40	0.41	0.39	0.50	0.48	0.70
	12.83	16.99	12.80	12.28	11.26	13.99	12.97	12.41	11.70	15.29	14.74	14.40
	79.74	68.57	59.18	65.45	66.20	71.53	63.87	68.28	60.33	63.86	58.65	66.52
	183.16	126.64	91.47	129.51	121.40	119.29	119.70	151.84	133.81	139.07	94.61	106.42
	0.00	0.00	0.00	0.00	6.98	0.00	—	—	—	-0.56	—	—
	183.16	126.64	91.47	129.51	128.38	119.29	119.70	151.84	133.81	138.51	94.61	106.42
	47.66	36.58	23.35	34.16	35.54	30.76	30.69	38.72	34.81	34.20	24.95	27.05
	135.50	90.06	68.12	95.35	92.85	88.54	89.01	113.11	99.00	104.31	69.66	79.37
	44.19	29.38	22.22	31.10	30.28	28.88	29.03	36.89	32.29	34.02	22.72	34.71
Key metrics
	196.72	145.37	104.68	142.18	140.15	133.78	133.07	164.66	145.90	154.30	109.83	121.52
	29.40%	23.60%	19.80%	24.90%	25.10%	23.20%	25.50%	27.70%	28.70%	29.60%	25.80%	25.80%
	20.30%	14.60%	12.90%	16.70%	16.60%	15.40%	17.10%	19.00%	19.50%	20.00%	16.40%	16.80%
	—	5.10%	—	5.50%	—	5.40%	—	—	—	—	—	—
	19.50%	7.00%	1.40%	-4.00%	10.00%	10.50%	22.50%	26.20%	—	—	—	—
	45.90%	1.70%	-23.50%	-15.70%	-6.20%	-15.10%	27.80%	42.50%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19
Income statement
	2,385	2,276	2,205	1,951	3,029	1,858	1,121	1,026	1,044
	111.70	113.97	96.63	71.67	64.10	33.20	17.02	20.51	20.23
	1,966	1,921	1,777	1,529	2,300	1,555	982.08	829.58	840.96
	1,466	1,433	1,363	1,067	1,923	1,220	715.36	636.01	647.84
	3.77	4.81	3.30	—	—	—	0.04	0.00	0.11
	164.31	156.70	128.58	113.65	100.60	85.37	76.17	69.44	59.89
	3.27	3.04	1.69	2.32	4.47	5.06	6.09	4.78	1.79
	54.90	53.32	51.38	56.15	47.89	39.90	46.76	34.65	17.45
	272.94	259.40	263.69	236.74	281.53	230.35	126.83	114.34	107.39
	530.78	469.02	524.64	494.05	793.02	336.77	156.24	217.16	223.24
	0.00	6.98	0.00	-0.56	—	—	—	—	—
	530.78	476.01	524.64	493.49	793.02	336.77	156.24	217.16	223.24
	141.75	129.63	134.98	125.94	202.42	86.10	41.31	50.66	94.23
	389.03	346.38	389.66	367.55	590.60	250.67	114.93	166.50	129.01
	126.89	112.97	127.09	119.88	192.63	81.76	37.49	54.31	42.08
Key metrics
	588.95	532.37	577.71	551.96	845.38	381.73	209.09	256.59	242.48
	24.70%	23.40%	26.20%	28.30%	27.90%	20.50%	18.60%	25.00%	23.20%
	16.31%	15.20%	17.70%	18.80%	19.50%	13.50%	10.20%	16.20%	12.40%
	—	19.00%	23.70%	—	—	—	—	—	—
	—	3.20%	13.00%	-35.60%	63.00%	65.70%	9.30%	-1.70%	—
	—	-11.10%	6.00%	-37.80%	135.60%	118.10%	-31.00%	29.10%	—
	—	302.03	157.73	—	—	—	—	—	—
	—	1.08	0.50	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—
	—	-47.30	-130.21	—	—	—	—	—	—
	—	81.4	81.1	—	—	—	—	—	—
Balance sheet
	—	2,791	2,424	—	—	—	—	—	—
	—	2,093	1,698	—	—	—	—	—	—
	—	47.30	130.21	—	—	—	—	—	—
	—	401.67	365.95	—	—	—	—	—	—
	—	274.29	275.15	—	—	—	—	—	—
	—	105.18	145.59	—	—	—	—	—	—
	—	265.56	252.17	—	—	—	—	—	—
	—	168.42	150.81	—	—	—	—	—	—
	—	262.96	205.65	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—
	—	2,515	2,218	—	—	—	—	—	—
Cash flow
	—	372.38	195.63	—	—	—	—	—	—
	—	-411.78	-639.13	—	—	—	—	—	—
	—	-43.52	-33.84	—	—	—	—	—	—
	—	70.35	37.90	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: -9.09%
Sales CAGR 5Y: +15.21%
Sales CAGR 10Y: —
Profit CAGR 3Y: -16.29%
Profit CAGR 5Y: +24.69%
Profit CAGR 10Y: —
Sales YoY (TTM): +5.88%
Profit YoY (TTM): +1.44%

Consolidated

Sales CAGR 3Y: -7.85%
Sales CAGR 5Y: +15.86%
Sales CAGR 10Y: —
Profit CAGR 3Y: -12.29%
Profit CAGR 5Y: +28.22%
Profit CAGR 10Y: —
Sales YoY (TTM): +7.26%
Profit YoY (TTM): +5.73%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Jun 2026

Promoter holding: 75.00%

Holder	Type	Holding	Previous	Change
Tushar Ramesh Shah	Promoter	16.60%	—	—
Jayen Ramesh Shah	Promoter	16.04%	—	—
Bimal Mukesh Shah	Promoter	10.44%	—	—
Archana Yatin Sankholkar	Promoter	7.49%	—	—
Mukesh Maganlal Shah	Promoter	6.59%	—	—
Anjali Kunal Patil	Promoter	6.49%	—	—
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL F	Public	4.05%	—	—
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMA	Public	2.56%	—	—
SBI SMALL CAP FUND	Public	2.17%	—	—
Neeta Jayen Shah	Promoter Group	2.00%	—	—
Bina Tushar Shah	Promoter Group	1.87%	—	—
Jayshree Mukesh Shah	Promoter Group	1.85%	—	—
Akruti Bimal Shah	Promoter Group	1.46%	—	—
Hitesh Satishchandra Doshi	Public	1.03%	—	—
R M Shah - HUF (Karta - Jayen Ramesh Shah)	Promoter Group	1.01%	—	—

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

As enclosed16 Sep 2026 · Company Update / Acquisition
As enclosed16 Sep 2026 · Company Update / Analyst / Investor Meet
As enclosed15 Sep 2026 · Company Update / Analyst / Investor Meet
As enclosed9 Sep 2026 · Company Update / Acquisition
The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jayen Shah8 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 10(6) of SEBI (SAST) Regulations, 2011
As enclosed2 Sep 2026 · Company Update / Acquisition
The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....27 Aug 2026 · Insider Trading / SAST / Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Reg. 2011
As enclosed18 Aug 2026 · AGM/EGM / AGM
As enclosed18 Aug 2026 · AGM/EGM / AGM
As enclosed18 Aug 2026 · Company Update / Acquisition
As enclosed10 Aug 2026 · Company Update / Newspaper Publication
As enclosed10 Aug 2026 · Company Update / Newspaper Publication
As enclosed10 Aug 2026 · Company Update / Investor Presentation
As enclosed10 Aug 2026 · Company Update / Press Release / Media Release
As enclosed7 Aug 2026 · Board Meeting / Outcome of Board Meeting
As enclosed7 Aug 2026 · Result / Financial Results
As enclosed31 Jul 2026 · Company Update / General
Fine Organic Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/08/2026 ,inter alia, to consider and approve Financial Results for ....30 Jul 2026 · Board Meeting / Board Meeting
As attached27 Jul 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
As attached27 Jul 2026 · Others / Reg. 34 (1) Annual Report
As attached27 Jul 2026 · AGM/EGM / AGM
As attached27 Jul 2026 · Company Update / Newspaper Publication
As attached10 Jul 2026 · Company Update / Change in Management
Intimation of Trading window w.e.f. July 1, 2026.24 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Notice to Equity Shareholders of the Company regarding Investor Education and Protection Fund (IEPF) Account1 Jun 2026 · Company Update / Newspaper Publication
As enclosed28 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
As enclosed26 May 2026 · Company Update / Earnings Call Transcript
As enclosed26 May 2026 · Company Update / Analyst / Investor Meet
As enclosed21 May 2026 · Company Update / Analyst / Investor Meet
Newspaper Advertisement on Financial Results for the quarter and financial year ended March 31, 202621 May 2026 · Company Update / Newspaper Publication
As enclosed20 May 2026 · Company Update / Investor Presentation
As enclosed20 May 2026 · Company Update / Press Release / Media Release
As enclosed19 May 2026 · AGM/EGM / AGM
As enclosed19 May 2026 · Corp. Action / Record Date
As enclosed19 May 2026 · Corp. Action / Dividend
As enclosed19 May 2026 · Result / Financial Results
As enclosed19 May 2026 · Board Meeting / Outcome of Board Meeting
As enclosed5 May 2026 · Company Update / Analyst / Investor Meet
Fine Organic Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 19/05/2026 ,inter alia, to consider and approve As enclosed5 May 2026 · Board Meeting / Board Meeting
As enclosed28 Apr 2026 · Company Update / General

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 11.0000	31 Jul 2026	31 Jul 2026	—
Final Dividend - Rs. - 11.0000	25 Jul 2025	26 Jul 2025	—
Final Dividend - Rs. - 10.0000	13 Aug 2024	—	—

Board meetings

7 Aug 2026 Board Meeting - Financial Results