Fine Organic Industries Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 15.33 Cr
- Company Age 22 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 56.00 Cr
- Satisfied Charges ₹ 372.51 Cr
- Revenue Growth 63.52%
- Profit Growth 135.61%
- Ebitda 124.17%
- Net Worth 58.80%
- Total Assets 44.35%
About Fine Organic Industries
Fine Organic Industries Limited (FOIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 May 2002 and has a history of 22 years and eight months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 541557 and on the National Stock Exchange(NSE) under FINEORG.
The Corporate was formerly known as Fine Organic Industries (Mumbai) Private Limited. The Company is engaged in the Chemicals And Materials Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 15.33 Cr.
The company currently has active open charges totaling ₹56.00 Cr. The company has closed loans amounting to ₹372.51 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Fine Organic Industries Limited India are Sonali Bhadani as Cfo, Tushar Shah as Ceo, and Pooja Gaonkar as Company Secretary.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
Industry
What products or services does Fine Organic Industries Limited offer?
Fine Organic Industries Limited offers a wide range of products and services, including Textile, Dyeing & Finishing Chemical, Textile Finishing Chemicals, Chemical Reagents & Catalysts, Organic Salt, PET Granules & Plastic Raw Material, Masterbatches, Flavours & Aromatics, Food Emulsifiers, Industrial Chemicals & Supplies, Glycerine.
Who are the key members and board of directors at Fine Organic Industries?
Executive Team (4)
Name | Designation | Appointment Date | Status |
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Jayen Shah
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Managing Director | 24-May-2002 | Current |
Sonali Bhadani | CFO | 16-Apr-2024 | Current |
Tushar Shah
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CEO | 06-Nov-2017 | Current |
Pooja Gaonkar | Company Secretary | 01-Dec-2015 | Current |
Board Members (10)
Name | Designation | Appointment Date | Status |
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Prakash Apte
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Director | 13-Nov-2017 | Current |
Mukesh Shah
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Whole-Time Director | 24-May-2002 | Current |
Kaushik Shah
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Director | 24-Jan-2018 | Current |
Bimal Shah
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Whole-Time Director | 01-Apr-2011 | Current |
Thiruvengadam Parthasarathi
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Director | 13-Nov-2017 | Current |
Mahesh Sarda
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Director | 13-Nov-2017 | Current |
Financial Performance of Fine Organic Industries.
Fine Organic Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 63.52% increase. The company also saw a substantial improvement in profitability, with a 135.61% increase in profit. The company's net worth Soared by an impressive increase of 58.8%.


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What is the Ownership and Shareholding Structure of Fine Organic Industries?
In 2022, Fine Organic Industries had a promoter holding of 75.00% and a public holding of 25.00%. The company had 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Charges (Loans)
₹56.00 Cr
₹372.51 Cr
Charges Breakdown by Lending Institutions
- Citi Bank N.A. : 40.00 Cr
- Hdfc Bank Limited : 16.00 Cr
Latest Charge Details
Date | Lender | Amount | Status |
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01 Sep 2021 | Hdfc Bank Limited | ₹16.00 Cr | Open |
10 Jan 2013 | Citi Bank N.A. | ₹40.00 Cr | Open |
23 Jul 2018 | Citi Bank N.A. | ₹125.00 Cr | Satisfied |
30 Dec 2013 | Union Bank Of India | ₹30.00 Cr | Satisfied |
30 Dec 2013 | Union Bank Of India | ₹3.25 Cr | Satisfied |
How Many Employees Work at Fine Organic Industries?
Fine Organic Industries has a workforce of 779 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Fine Organic Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Fine Organic Industries's trajectory.
Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts

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