Fine Organic Industries Ltd share price logo

Fine Organic Industries Ltd (FINEORG)

₹5268.81.72%

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Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 10 analysts

HOLD

50.00%

Buy

10.00%

Hold

40.00%

Sell

Based on 10 analysts offering long term price targets for Fine Organic Industries Ltd. An average target of ₹4676.3

Source: S&P Global Market Intelligence

Fine Organic Industries Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹5,176.5
    ₹5,299.95
  • 52 Week's Low

    52 Week's High

    ₹4,021
    ₹5,500
1 Month Return+ 8.88 %
3 Month Return+ 16.36 %
1 Year Return+ 10.44 %
Previous Close₹5,179.60
Open₹5,198.95
Volume16.45K
Upper Circuit-
Lower Circuit-
Market Cap₹15,880.64Cr

Key Statistics

P/E Ratio38.56
PEG Ratio-0.57
Market Cap₹15,880.64 Cr
P/B Ratio8.68
EPS45.53

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Nippon India Small Cap Fund - Direct Plan - Growth PlanNippon India Small Cap Fund - Direct Plan - Growth Plan0.65%
SBI Small Cap Fund Direct Plan GrowthSBI Small Cap Fund Direct Plan Growth1.11%
Axis Small Cap Fund Direct GrowthAxis Small Cap Fund Direct Growth1.48%
Axis Midcap Fund Direct Plan GrowthAxis Midcap Fund Direct Plan Growth0.5%
Axis Flexi Cap Fund Direct GrowthAxis Flexi Cap Fund Direct Growth1.17%

Company Information

Fine Organic Industries is India's largest manufacturer of oleochemical-based additives and a major global producer. Established in 1970 by Ramesh Maganlal Shah and Prakash Damodar Kamat, the company has three different facilities- Ambernath, Badlapur, and Dombivali- producing over 450 specialty additives. It also has a dedicated research and development Centre at Mahape, Navi Mumbai. The company sells over 450 products under the Fine Organics brand and has over 8000 customers from over 75 countries. Their products are used in the food, plastic, cosmetics, paint, ink, coating, and other industries. In 2018, the company held an Initial Public Offering. In 2021 and 2022, the company formed two joint ventures and terminated one respectively. The company's R&D department works to develop processes for fine and heavy chemicals, oils, fats, dyes, dyestuffs, retardants, assistants, lubricants, oleochemicals, and their derivatives.

Share Price: ₹5268.80 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹15,880.64Cr as of today
Revenue: ₹546.88Cr as on March 2024 (Q1 24)
Net Profit: ₹114.55Cr as on March 2024 (Q1 24)
Listing date: 02 Jul, 2018
Chairperson Name: Mukesh Maganlal Shah
OrganisationFine Organic Industries Ltd
Headquarters
IndustryChemicals
E-voting on sharesClick here to vote

Key events for Fine Organic Industries Ltd

  • ICRA reaffirms Fine Organic Industries' ratings with stable outlook - 17 Jul, 2024

    Credit rating agency ICRA has reaffirmed Fine Organic Industries' long-term rating at [ICRA] AA with a stable outlook and short-term rating at [ICRA] A1+. The ratings reflect the company's established position, extensive experience of promoters in oleochemicals industry, diversified clientele, robust financial risk profile, healthy cash flow from operations, nil debt levels, large unencumbered cash balances, and exposure to volatility in raw material prices. FOIL is engaged in manufacturing oleochemical additives for various end-user industries.

  • Fine Organic Industries Announces Increased Dividend Payment - 28 Jun, 2024

    Fine Organic Industries is set to pay an increased dividend of Rs 10.00, with a payout ratio estimated at 5.6%. The company's bull case includes strong domestic market growth and potential offshore acquisitions, while its bear case cites supply constraints and weak demand in Europe.

Insights on Fine Organic Industries Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, FINEORG has outperformed top 5 stocks with highest market-cap in Specialty Chemicals

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 94.21 Cr → 114.55 Cr (in ₹), with an average increase of 17.8% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 505.84 Cr → 569.72 Cr (in ₹), with an average increase of 11.2% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, FINEORG stock has moved up by 8.9%

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 4.47% to 4.94% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Aarti Industries Ltd has given 47.8% return, outperforming this stock by 37.3%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 75.00% of holdings in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 9.77% to 8.93% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 10.28% to 9.93% in Jun 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹546.88Cr
↑11.97%
Net Income
₹114.55Cr
↑21.59%
Net Profit Margin
20.95%
↑8.61%
2023Y/Y Change
Revenue
₹3,023.08Cr
↑61.12%
Net Income
₹618.10Cr
↑138.00%
Net Profit Margin
20.45%
↑47.76%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹1,774.29Cr
↑44.30%
Total Liabilities
₹252.16Cr
↓6.97%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹433.59Cr
↑485.62%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
75%
0.00
Foreign Institutions
4.94%
10.59
Mutual Funds
9.93%
-3.35
Retail Investors
8.93%
-8.64
Others
1.2%
148.93

Key Indicators

Fine Organic Industries Ltd Valuation

Fine Organic Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (21.13x)

March 21, 2023

Today (38.56x)

July 23, 2024

Industry (46.52x)

July 23, 2024

Highest (89.39x)

May 20, 2021

LowHigh

Earnings and Dividends

  • Fine Organic Industries Ltd Earnings Results

    Fine Organic Industries Ltd’s net profit fell -23.35% since last year same period to ₹114.55Cr in the Q4 2023-2024. On a quarterly growth basis, Fine Organic Industries Ltd has generated 21.59% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Fine Organic Industries Ltd Dividends May,2024

    In the quarter ending March 2024, Fine Organic Industries Ltd has declared dividend of ₹10 - translating a dividend yield of 0.37%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Fine Organic Industries Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Fine Organic Industries Ltd (FINEORG) share price today is ₹5268.8

Fine Organic Industries Ltd is listed on NSE

Fine Organic Industries Ltd is listed on BSE

  • Today’s highest price of Fine Organic Industries Ltd is ₹5299.95.
  • Today’s lowest price of Fine Organic Industries Ltd is ₹5176.5.

PE Ratio of Fine Organic Industries Ltd is 38.56

PE ratio = Fine Organic Industries Ltd Market price per share / Fine Organic Industries Ltd Earnings per share

Today’s traded volume of Fine Organic Industries Ltd(FINEORG) is 16.45K.

Today’s market capitalisation of Fine Organic Industries Ltd(FINEORG) is ₹15880.64Cr.

Fine Organic Industries Ltd(FINEORGPrice
52 Week High
₹5500
52 Week Low
₹4021

Fine Organic Industries Ltd(FINEORG) share price is ₹5268.8. It is down -4.20% from its 52 Week High price of ₹5500

Fine Organic Industries Ltd(FINEORG) share price is ₹5268.8. It is up 31.03% from its 52 Week Low price of ₹4021

Fine Organic Industries Ltd(FINEORGReturns
1 Day Returns
89.2%
1 Month Returns
8.88%
3 Month Returns
16.36%
1 Year Returns
10.44%