Fine Organic Industries Limited

Founded in 2002 and headquartered in Maharashtra, India.

2002 | Mumbai, Maharashtra (India) | Active
Last Updated: June 29, 2024

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

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L24119MH2002PLC136003

  • Company No.

    136003

  • Stock Symbol

    BSE : 541557 NSE : FINEORG

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 May 2002

  • Date of AGM

    24 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

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
Jayen Shah Country flag representing In Managing Director 24-May-2002 Current
Sonali Bhadani CFO 16-Apr-2024 Current
Tushar Shah Country flag representing In CEO 06-Nov-2017 Current
Pooja Gaonkar Company Secretary 01-Dec-2015 Current

Board Members (10)

Name Designation Appointment Date Status
Prakash Apte Country flag representing In Director 13-Nov-2017 Current
Mukesh Shah Country flag representing In Whole-Time Director 24-May-2002 Current
Kaushik Shah Country flag representing In Director 24-Jan-2018 Current
Bimal Shah Country flag representing In Whole-Time Director 01-Apr-2011 Current
Thiruvengadam Parthasarathi Country flag representing In Director 13-Nov-2017 Current
Mahesh Sarda Country flag representing In 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%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
63.52%
Revenue from Operations
63.00%
Total Assets
44.35%
Profit or Loss
135.61%
Net Worth
58.80%
EBITDA
124.17%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹56.00 Cr

Satisfied Charges

₹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
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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Fine Organic Industries

Recent activity within the organization

  • Director Appointment

    Sonali Bhadani was appointed as a Cfo was appointed as a Cfo on 16 Apr 2024 & has been associated with this company since 9 months 24 days .

    16 Apr 2024

  • Director Appointment

    Rashi Hrushikesh Mehta was appointed as a Director was appointed as a Director on 01 Mar 2024 & has been associated with this company since 11 months 9 days .

    01 Mar 2024

  • Charges

    A charge registered on 23 Jul 2018 via Charge ID 100200242 with Citi Bank N.A. was fully satisfied on 26 Dec 2023.

    26 Dec 2023

  • Annual General Meeting

    Fine Organic Industries Limited last Annual general meeting of members was held on 24 Aug 2023 as per latest MCA records.

    24 Aug 2023

  • Balance Sheet

    Fine Organic Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 16.00 Cr with Charge ID 100483319 was registered on 01 Sep 2021.

    01 Sep 2021

Frequently asked questions

  • Fine Organic Industries Limited was incorporated on 24 May 2002.

  • The authorized share capital of Fine Organic Industries Limited is ₹ 20.00 Cr and paid-up capital is ₹ 15.33 Cr.

  • Currently 14 directors are associated with Fine Organic Industries Limited.

    • Sonali Bhadani
    • Thiruvengadam Parthasarathi
    • Mahesh Pansukhlal Sarda
    • Mukesh Maganlal Shah
    • Jayen Ramesh Shah
    • Tushar Ramesh Shah
    • Nikhil Dattatraya Kamat
    • Kaushik Dwarkadas Shah
    • Prakash Krishnaji Apte
    • Bimal Mukesh Shah
    • Pratima Madhukar Umarji
    • Rashi Hrushikesh Mehta
    • Tushar Ramesh Shah
    • Pooja Dattatray Gaonkar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fine Organic Industries Limited is Fine Housem G Road, Ghatkoper (E), Mumbai, Maharashtra, India, 400077.

  • The corporate identification number (CIN) of Fine Organic Industries Limited is L24119MH2002PLC136003 and the company number is 136003 as per Ministry of Corporate Affairs (MCA).

  • Yes, Fine Organic Industries Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): FINEORG.

  • The Official website of Fine Organic Industries Limited is https://www.fineorganics.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Fine Organic Industries Limited has risen by 63.52%.

  • As Per 2023 financial reports, 779 employees are currently employed by Fine Organic Industries Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Fine Organic Industries Limited has experienced an upsurge of 58.80%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Fine Organic Industries Limited amount to ₹ 56.00 Cr.

  • The most recent Balance Sheet for Fine Organic Industries Limited was filed with the ROC on 31 Mar 2023.

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