Fine Organic Industries Limited

BSE: FINEORG541557ISIN INE686Y01026

Commodities
Specialty Chemicals
BSE 1000

Share price

₹5,127.35+40.00 (+0.79%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹5,661.95
52W low: ₹3,856.00
Off 52W high: -9.44%
1M return: -1.34%
3M return: +4.06%
6M return: +10.24%
1Y return: +16.19%
20D avg volume: 3,093
50 DMA: ₹5,212.51
200 DMA: ₹4,805.12

Key ratios Consolidated

Market cap: ₹15,720 Cr
Current price: ₹5,127.35
52W high / low: ₹5,661.95 / ₹3,856.00
Face value: ₹5.00
P/E: 38.71
P/B: 5.36
EPS (TTM): ₹142.89
Book value / share: ₹955.74
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	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	729.39	694.17	625.32	554.80	597.29	588.38	606.79	513.22	595.82	549.68	546.88	488.40
	30.64	24.25	34.60	21.13	21.13	39.82	25.77	29.06	21.90	24.50	22.83	17.44
	760.03	718.42	659.92	575.93	618.41	628.20	632.56	542.28	617.72	574.19	569.72	505.84
	561.00	532.94	516.23	474.67	475.36	477.12	502.79	427.65	458.02	422.29	419.21	385.41
	427.48	393.41	393.74	329.83	356.40	360.61	361.97	348.04	362.08	309.43	274.52	225.49
	2.56	1.04	0.00	0.02	3.20	2.71	1.99	1.72	—	0.00	0.00	0.01
	44.43	46.88	41.82	44.96	37.38	39.78	37.28	32.85	31.32	33.71	32.52	28.39
	2.11	0.90	2.71	0.46	0.43	0.53	0.72	0.42	0.42	0.63	0.53	0.51
	14.43	13.82	18.04	13.77	12.81	11.79	14.84	13.03	12.41	11.70	15.29	14.74
	86.16	92.19	80.41	71.73	75.76	74.46	83.36	70.49	72.92	66.10	65.14	64.40
	199.03	185.48	143.69	101.27	143.05	151.09	129.77	114.63	159.70	151.90	150.51	120.44
	0.00	0.00	0.00	0.00	0.00	6.98	0.00	0.00	0.00	0.00	-0.56	0.00
	199.03	185.48	143.69	101.27	143.05	158.07	129.77	114.63	159.70	151.90	149.95	120.44
	44.47	45.41	25.30	26.85	33.46	40.25	32.80	31.93	41.77	38.16	35.28	25.25
	152.12	138.14	117.49	73.94	108.55	117.11	97.12	82.69	117.44	113.25	114.55	94.21
	49.62	45.06	38.32	24.11	35.40	38.19	31.68	26.97	38.30	36.94	37.36	30.73
Key metrics
	215.57	200.20	164.44	115.50	156.29	170.39	145.33	128.08	172.53	164.23	165.77	135.69
	29.60%	28.80%	26.30%	20.80%	26.20%	29.00%	24.00%	25.00%	29.00%	29.90%	30.30%	27.80%
	20.90%	19.90%	18.80%	13.30%	18.20%	19.90%	16.00%	16.10%	19.70%	20.60%	20.90%	19.30%
	6.40%	—	5.40%	—	5.80%	—	5.70%	—	—	—	—	—
	22.10%	18.00%	3.10%	8.10%	0.20%	7.00%	11.00%	5.10%	—	—	—	—
	40.10%	18.00%	21.00%	-10.60%	-7.60%	3.40%	-15.20%	-12.20%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19
Income statement
	2,604	2,366	2,269	2,123	3,023	1,876	1,133	1,038	1,060
	110.62	116.67	97.60	71.88	64.15	33.06	17.10	20.19	19.82
	2,714	2,482	2,367	2,195	3,087	1,909	1,150	1,058	1,080
	2,085	1,943	1,811	1,648	2,244	1,557	986.86	837.08	849.38
	1,544	1,441	1,382	1,083	1,923	1,220	715.36	636.01	647.84
	3.62	5.93	3.71	0.16	84.53	10.39	4.87	4.90	5.26
	178.09	163.93	135.16	119.55	105.30	89.27	79.57	72.45	62.79
	6.18	4.12	2.20	2.43	4.57	5.11	6.13	4.82	1.84
	60.06	56.41	52.30	56.15	47.89	39.90	46.77	34.66	17.45
	330.49	302.35	292.55	252.34	302.54	234.59	128.38	115.84	112.14
	629.47	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
	629.47	546.08	555.99	546.76	842.77	352.56	163.45	221.18	230.78
	142.03	125.86	144.66	132.23	222.89	91.82	41.81	51.32	94.52
	481.69	417.07	410.50	411.89	618.10	259.71	120.34	164.80	136.26
	157.11	136.03	133.89	134.34	201.60	84.71	39.25	53.75	44.44
Key metrics
	695.71	606.61	610.49	605.34	895.23	397.57	216.35	260.66	250.07
	26.72%	25.60%	26.90%	28.50%	29.60%	21.20%	19.10%	25.10%	23.60%
	18.50%	17.60%	18.10%	19.40%	20.40%	13.80%	10.60%	15.90%	12.90%
	—	20.20%	24.30%	—	—	—	—	—	—
	12.92%	4.30%	6.90%	-29.80%	61.10%	65.60%	9.20%	-2.10%	—
	18.80%	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	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	693.49	668.07	616.30	528.59	571.93	559.15	576.25	521.51	595.47	508.33	521.52	425.76
	27.29	23.62	34.08	20.08	33.92	25.90	25.58	28.85	21.72	24.11	22.62	17.45
	720.78	691.69	650.38	548.66	605.85	585.05	601.83	550.36	617.19	532.44	544.14	443.21
	538.10	508.53	523.74	457.19	476.33	463.65	482.54	430.66	465.35	398.62	405.07	348.61
	422.99	391.41	391.49	328.43	354.54	358.69	359.12	341.68	357.64	304.70	271.92	222.82
	3.17	1.04	0.00	0.00	2.73	2.09	1.99	1.31	—	—	—	—
	42.46	45.33	40.72	43.26	35.00	37.71	34.76	30.99	30.24	32.59	31.24	26.88
	0.76	0.73	1.74	0.41	0.39	0.51	0.50	0.40	0.41	0.39	0.50	0.48
	13.21	12.83	16.99	12.80	12.28	11.26	13.99	12.97	12.41	11.70	15.29	14.74
	77.27	79.74	68.57	59.18	65.45	66.20	71.53	63.87	68.28	60.33	63.86	58.65
	182.68	183.16	126.64	91.47	129.51	121.40	119.29	119.70	151.84	133.81	139.07	94.61
	0.00	0.00	0.00	0.00	0.00	6.98	0.00	—	—	—	-0.56	—
	182.68	183.16	126.64	91.47	129.51	128.38	119.29	119.70	151.84	133.81	138.51	94.61
	47.54	47.66	36.58	23.35	34.16	35.54	30.76	30.69	38.72	34.81	34.20	24.95
	135.14	135.50	90.06	68.12	95.35	92.85	88.54	89.01	113.11	99.00	104.31	69.66
	44.08	44.19	29.38	22.22	31.10	30.28	28.88	29.03	36.89	32.29	34.02	22.72
Key metrics
	196.65	196.72	145.37	104.68	142.18	140.15	133.78	133.07	164.66	145.90	154.30	109.83
	28.40%	29.40%	23.60%	19.80%	24.90%	25.10%	23.20%	25.50%	27.70%	28.70%	29.60%	25.80%
	19.50%	20.30%	14.60%	12.90%	16.70%	16.60%	15.40%	17.10%	19.00%	19.50%	20.00%	16.40%
	6.60%	—	5.10%	—	5.50%	—	5.40%	—	—	—	—	—
	21.30%	19.50%	7.00%	1.40%	-4.00%	10.00%	10.50%	22.50%	—	—	—	—
	41.70%	45.90%	1.70%	-23.50%	-15.70%	-6.20%	-15.10%	27.80%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19
Income statement
	2,506	2,276	2,205	1,951	3,029	1,858	1,121	1,026	1,044
	105.07	113.97	96.63	71.67	64.10	33.20	17.02	20.51	20.23
	2,612	2,390	2,302	2,023	3,093	1,892	1,138	1,047	1,064
	2,028	1,921	1,777	1,529	2,300	1,555	982.08	829.58	840.96
	1,534	1,433	1,363	1,067	1,923	1,220	715.36	636.01	647.84
	4.21	4.81	3.30	—	—	—	0.04	0.00	0.11
	171.77	156.70	128.58	113.65	100.60	85.37	76.17	69.44	59.89
	3.64	3.04	1.69	2.32	4.47	5.06	6.09	4.78	1.79
	55.83	53.32	51.38	56.15	47.89	39.90	46.76	34.65	17.45
	284.76	259.40	263.69	236.74	281.53	230.35	126.83	114.34	107.39
	583.95	469.02	524.64	494.05	793.02	336.77	156.24	217.16	223.24
	0.00	6.98	0.00	-0.56	—	—	—	—	—
	583.95	476.01	524.64	493.49	793.02	336.77	156.24	217.16	223.24
	155.13	129.63	134.98	125.94	202.42	86.10	41.31	50.66	94.23
	428.82	346.38	389.66	367.55	590.60	250.67	114.93	166.50	129.01
	139.87	112.97	127.09	119.88	192.63	81.76	37.49	54.31	42.08
Key metrics
	643.42	532.37	577.71	551.96	845.38	381.73	209.09	256.59	242.48
	25.67%	23.40%	26.20%	28.30%	27.90%	20.50%	18.60%	25.00%	23.20%
	17.11%	15.20%	17.70%	18.80%	19.50%	13.50%	10.20%	16.20%	12.40%
	—	19.00%	23.70%	—	—	—	—	—	—
	12.46%	3.20%	13.00%	-35.60%	63.00%	65.70%	9.30%	-1.70%	—
	17.24%	-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%
Profit CAGR 3Y: -16.29%
Profit CAGR 5Y: +24.69%
Sales YoY (TTM): +12.46%
Profit YoY (TTM): +17.24%

Consolidated

Sales CAGR 3Y: -7.85%
Sales CAGR 5Y: +15.86%
Profit CAGR 3Y: -12.29%
Profit CAGR 5Y: +28.22%
Sales YoY (TTM): +12.92%
Profit YoY (TTM): +18.80%

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 Sep 2026

Promoter holding: 75.00%

Quarter	September 2026	June 2026
Promoter %	75.00%	75.00%

Holder	Type	Holding	Previous	Change
Jayen Ramesh Shah	Promoter	17.04%	16.04%	+1.00%
Tushar Ramesh Shah	Promoter	16.60%	16.60%	0.00%
Bimal Mukesh Shah	Promoter	10.44%	10.44%	0.00%
Archana Yatin Sankholkar	Promoter	7.49%	7.49%	0.00%
Mukesh Maganlal Shah	Promoter	6.59%	6.59%	0.00%
Anjali Kunal Patil	Promoter	6.49%	6.49%	0.00%
AXIS MUTUAL FUND TRUSTEE LTD A/C AXIS MUTUAL FUND	Public	3.99%	—	—
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMA	Public	2.56%	2.56%	0.00%
Neeta Jayen Shah	Promoter Group	2.00%	2.00%	0.00%
Bina Tushar Shah	Promoter Group	1.87%	1.87%	0.00%
Jayshree Mukesh Shah	Promoter Group	1.85%	1.85%	0.00%
Akruti Bimal Shah	Promoter Group	1.46%	1.46%	0.00%
HITESH SATISHCHANDRA DOSHI	Public	1.04%	1.03%	+0.01%
R M Shah - HUF (Karta - Jayen Ramesh Shah)	Promoter Group	1.01%	1.01%	0.00%
Rhea Tushar Shah	Promoter Group	0.68%	0.68%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Pidilite Industries Ltd.	1,53,494	1,507.00	56.47	28.50%	+16.83% TTM	+20.94% TTM	+3.57%
Gujarat Fluorochemicals Limited	50,673	4,612.90	75.63	10.10%	+20.33% TTM	-1.47% TTM	+25.63%
Navin Fluorine International Limited	45,075	8,785.00	49.50	18.70%	+45.68% TTM	+105.04% TTM	+45.12%
Deepak Nitrite Limited	21,559	1,580.65	20.29	10.80%	+23.80% TTM	+99.83% TTM	-9.73%
Aether Industries Limited	20,478	1,542.85	82.16	12.20%	+30.76% TTM	+28.03% TTM	+103.85%
Aarti Industries Ltd	16,311	449.65	27.46	8.50%	+39.85% TTM	+104.40% TTM	+16.66%
Fine Organic Industries Limited	15,720	5,127.35	38.71	20.20%	+12.92% TTM	+18.80% TTM	+16.19%
Atul Limited.	15,177	5,155.00	19.28	13.50%	+18.15% TTM	+40.10% TTM	-12.49%
Anupam Rasayan India Limited	13,029	1,144.40	57.92	7.50%	+51.76% TTM	+14.65% TTM	+6.58%
PRIVI SPECIALITY CHEMICALS LIMITED	12,825	3,283.30	34.73	25.10%	+17.54% TTM	+44.15% TTM	+10.09%
BASF India Ltd	12,812	2,959.95	21.44	13.10%	+13.35% TTM	+59.30% TTM	-33.46%
Sudeep Pharma Limited	12,657	1,120.60	67.10	24.20%	—	—	—
Vinati Organics Ltd.	10,334	996.85	25.09	17.70%	+10.98% TTM	-5.48% TTM	-39.90%
Elantas Beck India Ltd S	10,127	12,774.65	54.20	—	+18.86% TTM	+35.25% TTM	+29.29%
Jubilant Ingrevia Limited	8,957	562.35	25.55	10.80%	+15.41% TTM	+21.73% TTM	-18.43%
Alkyl Amines Chemicals Ltd. S	8,108	1,585.25	32.77	14.60%	+13.38% TTM	+35.83% TTM	-13.31%
Galaxy Surfactants Limited	8,048	2,269.80	22.75	12.70%	+27.05% TTM	+16.13% TTM	+0.01%
Clean Science and Technology Limited	6,979	656.60	29.92	19.20%	+4.51% TTM	-12.06% TTM	-33.34%
Neogen Chemicals Limited	6,815	2,268.40	168.60	6.80%	+26.66% TTM	+55.16% TTM	+54.05%
Fineotex Chemical Limited	6,221	53.42	41.98	16.20%	+91.44% TTM	+41.07% TTM	+84.27%
Balaji Amines Ltd.	5,738	1,770.80	23.80	10.20%	+20.91% TTM	+66.05% TTM	+26.00%
Archean Chemical Industries Limited	5,291	428.60	54.04	7.80%	+5.99% TTM	-42.66% TTM	-34.05%
Prasol Chemicals Limited	4,594	776.20	—	—	—	—	—
Laxmi Organic Industries Limited	4,501	161.95	35.81	4.40%	+5.47% TTM	+25.01% TTM	-17.12%
Foseco India Ltd S	4,494	5,962.25	57.00	—	+10.33% TTM	-3.71% TTM	+5.42%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

As enclosed4 Nov 2026 · Company Update / Newspaper Publication
As enclosed3 Nov 2026 · Company Update / Press Release / Media Release
As enclosed3 Nov 2026 · Company Update / Investor Presentation
As enclosed2 Nov 2026 · Result / Financial Results
As enclosed2 Nov 2026 · Company Update / Acquisition
As enclosed2 Nov 2026 · Board Meeting / Outcome of Board Meeting
As enclosed30 Oct 2026 · Company Update / General
Fine Organic Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/11/2026 ,inter alia, to consider and approve the unaudited financial ....22 Oct 2026 · Board Meeting / Board Meeting
As enclosed28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
The Exchange has received the disclosure under Regulation 10(7) in respect of acquisition under Regulation 10(1)(a)(ii)of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....22 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 10(7) of SEBI (SAST) Regulations, 2011
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

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

2 Nov 2026 Board Meeting - Financial Results
7 Aug 2026 Board Meeting - Financial Results