Fine Organic Industries Ltd. (FINEORG) AI Stock Analysis

• Market Cap: ₹131.57B
• Dividend Yield: 0.25%
• Average Volume (3M): 875.00
• Price to Earnings (P/E): 32.5
• Beta (1Y): 1.08
• Revenue Growth: 5.73%
• EPS Growth: -7.74%
• Country: IN
• Employees: 850
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Chemicals - Specialty
• EPS (TTM): 35.40
• Shares Outstanding: 30,659,975
• 10 Day Avg. Volume: 1,052
• 30 Day Avg. Volume: 875
• PEG Ratio: -92.01
• Price to Book (P/B): 5.51
• Price to Sales (P/S): 5.58
• P/FCF Ratio: 165.59
• 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: 68 Neutral
• Price Target: ₹5,121.00 ▲(20.16% Upside)

Fine Organic Industries Ltd. has a strong financial foundation with robust profitability and a solid balance sheet. Technical indicators show short-term bullish momentum, but caution is advised due to potential overvaluation and overbought signals. The absence of earnings call data and corporate events limits further insights.

Positive Factors

Strong Financial Health

The company's strong financial health, characterized by profitability and a solid balance sheet, supports long-term growth and stability, ensuring resilience against economic fluctuations.

Robust Balance Sheet

A robust balance sheet with low leverage provides financial stability and flexibility, enabling the company to invest in growth opportunities and withstand market volatility.

Healthy Profit Margins

Sustained healthy profit margins reflect efficient operations and cost management, which are crucial for maintaining competitive pricing and reinvesting in business expansion.

Negative Factors

Decline in Operating Cash Flow

A decline in operating cash flow may impact the company's ability to fund operations and growth initiatives internally, potentially increasing reliance on external financing.

Slight Decline in Net Income

A decrease in net income could signal challenges in maintaining profitability, necessitating strategic adjustments to sustain growth and shareholder returns.

EPS Growth Decline

A decline in EPS growth suggests potential challenges in profit generation, which could affect investor confidence and the company's ability to reinvest in its operations.

Fine Organic Industries Ltd. Business Overview & Revenue Model

Company Description

Fine Organic Industries Ltd. (FINEORG) is a leading manufacturer of specialty chemicals and organic compounds in India, primarily serving the food, personal care, textile, and plastics industries. The company is renowned for its production of emulsifiers, stabilizers, and other functional ingredients that enhance product performance and quality. FINEORG operates in the agrochemical and food additive sectors, providing innovative solutions that cater to both domestic and international markets.

How the Company Makes Money

Fine Organic Industries Ltd. generates revenue through the production and sale of a diverse range of specialty chemicals and organic compounds. The company has multiple revenue streams, primarily derived from its core product offerings such as emulsifiers, stabilizers, and other functional ingredients used in food processing and various industrial applications. FINEORG benefits from long-term contracts with key clients in the food and personal care sectors, which provide a stable income base. Additionally, the company has established strategic partnerships with distributors and suppliers, enhancing its market reach and enabling access to new customer segments. The growth in demand for clean-label and natural ingredients further contributes to its earnings, as consumers increasingly prefer products that align with health and wellness trends.

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: 4261.95
• 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 4261.95 is below the 20-day moving average (MA) of 4397.57, below the 50-day MA of 4448.63, and below the 200-day MA of 4555.39, indicating a bearish trend. The MACD of -46.65 indicates Positive momentum. The RSI at 37.50 is Neutral, neither overbought nor oversold. The STOCH value of 13.69 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
FINEORG	68 Neutral	₹131.57B	32.45	―	0.25%	5.73%	-7.74%
MANORAMA	64 Neutral	₹79.90B	46.75	―	0.04%	89.51%	188.01%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
GALAXYSURF	60 Neutral	₹70.48B	24.60	―	1.10%	22.63%	-8.57%
GODREJAGRO	58 Neutral	₹110.23B	25.32	―	1.92%	5.24%	9.79%
CROMPTON	57 Neutral	₹160.53B	33.95	―	1.20%	0.73%	-5.88%

Fine Organic Industries Ltd. Corporate Events

Fine Organic Industries Ltd. Releases Q2 2025 Financial Results

Fine Organic Industries Ltd. announced the approval of its unaudited financial results for the quarter and half-year ending September 30, 2025, by its Board of Directors. The results, reviewed by the Audit Committee and the company’s statutory auditors, indicate compliance with Indian Accounting Standards and SEBI regulations. This announcement reflects the company’s commitment to transparency and adherence to regulatory standards, potentially impacting its market position and stakeholder confidence positively.

Fine Organic Industries Reports Financial Results and Expands US Operations

Fine Organic Industries Limited reported its unaudited financial results for the quarter and half-year ending September 30, 2025, showing a slight increase in revenue despite a decrease in EBITDA and PAT margins. The company is expanding its operations in the United States with the incorporation of Fine Organics Americas LLC and the acquisition of land in South Carolina, indicating strategic growth plans.

Fine Organic Industries Ltd. to Attend Investor Conference

Fine Organic Industries Ltd. has announced its participation in an investor conference organized by Anand Rathi, scheduled for November 13, 2025. The meeting will be held in person and will involve one-on-one and group discussions based on publicly available information. The company emphasizes that no unpublished price sensitive information will be shared during these interactions, and the investor presentation is accessible on their website and stock exchanges.