Fine Organic Industries Ltd. (FINEORG) AI Stock Analysis

• Market Cap: ₹133.47B
• Dividend Yield: 0.25%
• Average Volume (3M): 654.00
• Price to Earnings (P/E): 32.2
• Beta (1Y): 1.06
• Revenue Growth: 5.73%
• EPS Growth: -7.74%
• Country: IN
• Employees: 850
• Sector: Consumer Goods
• Sector Strength: N/A
• Industry: Chemicals - Specialty
• EPS (TTM): 36.00
• Shares Outstanding: 30,659,975
• 10 Day Avg. Volume: 943
• 30 Day Avg. Volume: 654
• PEG Ratio: -92.00
• Price to Book (P/B): 5.51
• Price to Sales (P/S): 5.58
• P/FCF Ratio: 165.58
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 66 Neutral
• Price Target: ₹5,189.00 ▲(14.71% Upside)

The overall stock score for Fine Organic Industries Ltd. is driven primarily by its strong financial performance, which is a significant strength. However, the technical analysis suggests a lack of strong upward momentum, and the high P/E ratio indicates potential overvaluation. These factors collectively result in a moderate overall score.

Fine Organic Industries Ltd. Business Overview & Revenue Model

Company Description

Fine Organic Industries Limited engages in manufacture, processing, supply, distribution, and import of oleochemical-based additives in India and internationally. It offers food additives, such as emulsifiers, antifungal additives, and other specialty additive blends; plastic additives, including dispersing agents, processing aids, anti-stats, flow improvers, lubricants, slip additives, and antifogging additives for polymers, polymer compounds and masterbatches, foamed products, PVC products, and engineering plastics; cosmetic and pharmaceutical additives; coating additives; and additives for other specialty application in various industries. The company was founded in 1970 and is headquartered in Mumbai, India.

How the Company Makes Money

Fine Organic Industries Ltd. generates revenue primarily through the sale of its specialty additives and fine chemicals. The company's key revenue streams include the food additives market, where it supplies emulsifiers and other functional ingredients, and the plastics industry, offering slip additives and anti-fogging agents. Additionally, Fine Organic Industries engages in strategic partnerships and collaborations to strengthen its market position and expand its product portfolio. The company's robust distribution network and customer-centric approach further contribute to its earnings by ensuring widespread availability and tailored solutions for diverse industrial applications.

Fine Organic Industries Ltd. Financial Statement Overview

Summary

Fine Organic Industries Ltd. displays commendable financial health with strong profitability, a solid balance sheet, and positive cash flow metrics. Continued focus on maintaining high margins and enhancing cash flow stability will support ongoing growth and shareholder value.

Income Statement

Fine Organic Industries Ltd. has demonstrated a strong revenue growth with a notable increase from the previous year. The gross profit margin and net profit margin remain healthy, indicating effective cost management and profitability. However, there is a slight decline in net income, which may need attention to maintain upward momentum.

Balance Sheet

The balance sheet is robust with a strong equity position relative to debt, as evidenced by a low debt-to-equity ratio. The return on equity is impressive, reflecting efficient utilization of shareholder funds. The high equity ratio further underscores financial stability and low leverage risk, providing a solid foundation for future growth.

Cash Flow

Cash flow statements show adequate free cash flow generation, though there is a noticeable decrease in operating cash flow from the previous year. The free cash flow to net income ratio is positive, indicating good cash generation relative to reported profits. Attention to improving operating cash flow consistency can further enhance financial flexibility.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	23.08B	22.69B	21.23B	30.23B	18.76B	11.33B
Gross Profit	9.19B	9.21B	8.87B	12.24B	6.75B	3.98B
EBITDA	4.94B	5.09B	5.31B	8.30B	3.65B	1.99B
Net Income	4.14B	4.10B	4.12B	6.18B	2.60B	1.20B
Balance Sheet
Total Assets	0.00	25.11B	21.08B	18.07B	12.36B	9.47B
Cash, Cash Equivalents and Short-Term Investments	9.50B	9.50B	10.49B	5.26B	2.33B	2.64B
Total Debt	0.00	27.95M	42.32M	285.25M	585.27M	891.73M
Total Liabilities	-22.95B	2.15B	1.87B	2.65B	2.77B	2.16B
Stockholders Equity	22.95B	22.95B	19.21B	15.41B	9.59B	7.31B
Cash Flow
Free Cash Flow	0.00	764.03M	5.48B	4.04B	56.31M	870.02M
Operating Cash Flow	0.00	2.04B	6.35B	4.85B	669.76M	1.33B
Investing Cash Flow	0.00	-6.69B	-3.91B	-847.45M	-562.86M	-402.58M
Financing Cash Flow	0.00	-343.43M	-585.32M	-686.52M	-681.91M	-398.64M

Fine Organic Industries Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 4523.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:FINEORG, the sentiment is Negative. The current price of 4523.5 is above the 20-day moving average (MA) of 4486.93, below the 50-day MA of 4637.56, and above the 200-day MA of 4522.89, indicating a bearish trend. The MACD of -73.15 indicates Positive momentum. The RSI at 30.15 is Neutral, neither overbought nor oversold. The STOCH value of 12.52 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:FINEORG.

Fine Organic Industries Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GALAXYSURF	67 Neutral	₹80.47B	26.41	―	0.98%	18.32%	-0.43%
FINEORG	66 Neutral	₹133.47B	32.21	―	0.25%	5.73%	-7.74%
MANORAMA	64 Neutral	₹77.86B	45.56	―	0.05%	89.51%	188.01%
GODREJAGRO	58 Neutral	₹124.88B	27.43	―	1.86%	5.24%	9.79%
CROMPTON	57 Neutral	₹182.45B	34.65	―	1.08%	0.73%	-5.88%
Sector *	57 Neutral	$3.13B	9.23	-34.32%	3.14%	-25.56%	-353.61%

Fine Organic Industries Ltd. Corporate Events

Fine Organic Industries Reports Strong Q2 2025 Financial Results

Fine Organic Industries Ltd. has published its financial results for the quarter ending June 30, 2025, showcasing a robust performance with a total income from operations of INR 58,504.82 lakhs on a standalone basis and INR 62,820.38 lakhs on a consolidated basis. The company’s net profit after tax for the quarter stood at INR 9,284.53 lakhs standalone and INR 11,710.45 lakhs consolidated, reflecting a stable financial position. The results were reviewed and approved by the Board of Directors, highlighting Fine Organic’s continued growth and strong market presence.