Fine Organic Industries Limited

BSE: 541557 NSE: FINEORG
Fine Organic Industries Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN L24119MH2002PLC136003 Incorporated 24 May 2002 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - NSE: FINEORG · BSE: 541557 Public Limited Company chemicals and materials
Data last updated
Revenue · FY 2026
₹2,365.8 Cr
▲ 4.26% YoY
EBITDA · FY 2026
₹599.63 Cr
▼ 1.78% YoY
Net profit · FY 2026
₹417.07 Cr
▲ 1.6% YoY
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹15.33 Cr
Issued & subscribed
Open charges
₹56 Cr
Satisfied ₹372.51 Cr
Company age
24 yrs
Est. 2002
Employees · EPFO
779
Latest available

About Fine Organic Industries Limited

Data last updated: 21 December 2025

Fine Organic Industries Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in specialty chemicals, a part of the broader chemicals and materials sector. Incorporated on 24 May 2002, the company has been in operation for over 24 years.

Registered with ROC Mumbai under CIN L24119MH2002PLC136003. Listed on BSE: 541557 and NSE: FINEORG.

Capital: an authorised share capital of ₹20 Cr and a paid-up capital of ₹15.33 Cr. Formerly known as Fine Organic Industries (Mumbai) Private Limited and Fine Organic Industries Private Limited. It is led by directors including Mahesh Pansukhlal Sarda and Prakash Krishnaji Apte.

Last AGM: 21 August 2025. Financial statements filed for year ended 31 March 2025. Office: Fine Housem G Road Ghatkoper (E), Mumbai, Maharashtra, India – 400077.

As per the financials filed for FY 2025, the company reported a revenue of ₹2,366.75 Cr, a growth of 8% compared to the previous year.

The company has a workforce of approximately 779 employees as per the latest available data.

The company is associated with 1 brand - Fine Organics. As per MCA filings, the company has open charges of ₹56 Cr and satisfied charges of ₹372.51 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fineorganics.com.

Company Details of Fine Organic Industries Limited
CIN L24119MH2002PLC136003
Registration Number 136003
Incorporation Date 24 May 2002
ROC Mumbai
Listing Status Listed (BSE: 541557, NSE: FINEORG)
Company Status Active
Date of Last AGM 21 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Tushar Ramesh Shah Ceo Jayen Ramesh Shah Managing Director Nikhil Dattatraya Kamat Whole-Time Director
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
    fineorganics.com
  • Social Media
  • Registered Address
    Fine Housem G Road Ghatkoper (E), Mumbai, Maharashtra, India – 400077
  • Industry
    Chemicals and Materials, Specialty Chemicals
Company report
Fine Organic Industries Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Fine Organic Industries Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Fine Organic Industries Limited

Fine Organic Industries Limited has undergone 2 name changes throughout its history. The company was previously known as Fine Organic Industries (Mumbai) Private Limited, and Fine Organic Industries Private Limited. The current legal name is Fine Organic Industries Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Fine Organic Industries Limited Current
Fine Organic Industries (Mumbai) Private Limited Previous
Fine Organic Industries Private Limited Previous

CIN History of Fine Organic Industries Limited

Fine Organic Industries Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L24119MH2002PLC136003, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L24119MH2002PLC136003 Current
U24119MH2002PTC136003 Previous
U24119MH2002PLC136003 Previous

Associated Brands with Fine Organic Industries Limited

Fine Organic Industries Limited operates one associated brand: Fine Organics. These brands represent Fine Organic Industries Limited's diversified market presence and brand portfolio.

Brand Description Website
Fine Organics
Producer of specialty additives for foods, plastics, rubbers, paints, inks, cosmetics, coatings, and lubes fineorganics.com

Business Activity of Fine Organic Industries Limited

Fine Organic Industries Limited is engaged in the principal business activity of manufacturing, with detailed activities including chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C6 Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products *********

Auditor Details of Fine Organic Industries Limited

Fine Organic Industries Limited is audited by CNK & Associates (ICAI peer reviewed, certificate valid till 2027-07-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
CNK & Associates (ICAI peer reviewed, certificate valid till 2027-07-31) FY 2026 Declaration of unmodified opinion

Board of Directors of Fine Organic Industries Limited

Fine Organic Industries Limited is currently managed by 14 directors, with 10 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Mahesh Pansukhlal Sarda
Also directs: Fine Organic Industries Limited, Landmark Cars Limited, Kesarjan Building Centre Private Limited
Director 13 Nov 2017 8 Years 7 Months Current
Prakash Krishnaji Apte
Also directs: Fine Organic Industries Limited, Gmm Pfaudler Limited, Blue Dart Express Limited and 2 more
Director 13 Nov 2017 8 Years 7 Months Current
Jayen Ramesh Shah
Also directs: Fine Organic Industries Limited, Fine Organic Industries (Sez) Private Limited, Smoothex Chemicals Pvt Ltd and 1 more
Managing Director 24 May 2002 24 Years 1 Months Current
Tushar Ramesh Shah
Also directs: Fine Organic Industries Limited, Fine Organic Industries (Sez) Private Limited, Fine Zeelandia Private Limited
Ceo 01 Apr 2024 2 Years 3 Months Current
Nikhil Dattatraya Kamat
Also directs: Fine Organic Industries Limited, Fine Organic Industries (Sez) Private Limited
Whole-Time Director 27 Jun 2022 4 Years 0 Months Current
Bimal Mukesh Shah
Also directs: Fine Organic Industries Limited, Fine Organic Industries (Sez) Private Limited, Eatwell Edibles Llp
Whole-Time Director 01 Apr 2011 15 Years 3 Months Current
Showing 6 of 14 current directors. View all directors

Financials of Fine Organic Industries Limited FY 2026 filings available

Fine Organic Industries Limited reported revenue of ₹2,365.8 Cr (up 4.26% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2026
₹2,365.8 Cr ▲ 4.26%
Profit · FY 2026
₹417.07 Cr ▲ 1.6%
EBITDA · FY 2026
₹599.63 Cr ▼ 1.78%
Revenue₹ Cr · Consolidated02,0004,000FY 2020: ₹1,038 Cr1,038FY 2020FY 2021: ₹1,133 Cr · +9.2% YoY1,133+9.2%FY 2021FY 2022: ₹1,876 Cr · +65.6% YoY1,876+65.6%FY 2022FY 2023: ₹3,023 Cr · +61.1% YoY3,023+61.1%FY 2023FY 2024: ₹2,123 Cr · -29.8% YoY2,123-29.8%FY 2024FY 2025: ₹2,269 Cr · +6.9% YoY2,269+6.9%FY 2025FY 2026: ₹2,366 Cr · +4.3% YoY2,366+4.3%FY 2026
Net Profit₹ Cr · Consolidated0250500750FY 2020: ₹165 Cr165FY 2020FY 2021: ₹120 Cr · -27% YoY120-27%FY 2021FY 2022: ₹260 Cr · +115.8% YoY260+115.8%FY 2022FY 2023: ₹618 Cr · +138% YoY618+138%FY 2023FY 2024: ₹412 Cr · -33.4% YoY412-33.4%FY 2024FY 2025: ₹410 Cr · -0.3% YoY410-0.3%FY 2025FY 2026: ₹417 Cr · +1.6% YoY417+1.6%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year0250500750Q1'25: ₹550 Cr · +0.5% YoY550+0.5%Q1'25Q2'25: ₹596 Cr · +10.2% YoY596+10.2%Q2'25Q3'25: ₹513 Cr · +5.1% YoY513+5.1%Q3'25Q4'25: ₹607 Cr · +11% YoY607+11%Q4'25Q1'26: ₹588 Cr · +7% YoY588+7%Q1'26Q2'26: ₹597 Cr · +0.2% YoY597+0.2%Q2'26Q3'26: ₹555 Cr · +8.1% YoY555+8.1%Q3'26Q4'26: ₹625 Cr · +3.1% YoY625+3.1%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹2,365.8 Cr ₹2,269.15 Cr ₹2,122.95 Cr ₹3,023.08 Cr ₹1,876.26 Cr ₹1,133.22 Cr ₹1,038.08 Cr
Other Income ₹116.68 Cr ₹97.6 Cr ₹71.88 Cr ₹64.15 Cr ₹33.06 Cr ₹17.1 Cr ₹20.19 Cr
Total Income ₹2,482.47 Cr ₹2,366.75 Cr ₹2,194.83 Cr ₹3,087.23 Cr ₹1,909.32 Cr ₹1,150.32 Cr ₹1,058.27 Cr
Cost of Materials Consumed ₹1,440.57 Cr ₹1,381.52 Cr ₹1,083.12 Cr ₹1,922.92 Cr ₹1,219.98 Cr ₹715.36 Cr ₹636.01 Cr
Purchases of Stock-in-Trade ₹5.93 Cr ₹3.71 Cr ₹16.43 Lakh ₹84.53 Cr ₹10.39 Cr ₹4.87 Cr ₹4.9 Cr
Changes in Inventories -₹29.94 Cr -₹56.67 Cr ₹133.75 Cr -₹223.3 Cr -₹42.48 Cr ₹5.78 Cr -₹31.6 Cr
Employee Benefit Expense ₹163.93 Cr ₹135.16 Cr ₹119.55 Cr ₹105.3 Cr ₹89.27 Cr ₹79.57 Cr ₹72.45 Cr
Finance Costs ₹4.12 Cr ₹2.2 Cr ₹2.43 Cr ₹4.57 Cr ₹5.11 Cr ₹6.13 Cr ₹4.82 Cr
Depreciation & Amortisation ₹56.41 Cr ₹52.3 Cr ₹56.15 Cr ₹47.89 Cr ₹39.9 Cr ₹46.77 Cr ₹34.66 Cr
Other Expenses ₹302.35 Cr ₹292.55 Cr ₹252.34 Cr ₹302.54 Cr ₹234.59 Cr ₹128.38 Cr ₹115.84 Cr
Total Expenses ₹1,943.38 Cr ₹1,810.76 Cr ₹1,647.5 Cr ₹2,244.46 Cr ₹1,556.76 Cr ₹986.86 Cr ₹837.08 Cr
Profit Before Exceptional Items & Tax ₹539.09 Cr ₹555.99 Cr ₹547.32 Cr ₹842.77 Cr ₹352.56 Cr ₹163.45 Cr ₹221.18 Cr
Exceptional Items ₹6.98 Cr ₹0 -₹56.32 Lakh ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹546.08 Cr ₹555.99 Cr ₹546.76 Cr ₹842.77 Cr ₹352.56 Cr ₹163.45 Cr ₹221.18 Cr
Total Tax Expense ₹125.86 Cr ₹144.66 Cr ₹132.22 Cr ₹222.89 Cr ₹91.82 Cr ₹41.81 Cr ₹51.32 Cr
Net Profit ₹417.07 Cr ₹410.5 Cr ₹411.9 Cr ₹618.1 Cr ₹259.71 Cr ₹120.34 Cr ₹164.8 Cr
  attributable to Owners ₹417.07 Cr ₹410.5 Cr - ₹0 ₹259.61 Cr ₹120.32 Cr ₹164.78 Cr
  attributable to NCI ₹0 ₹0 - ₹0 ₹9.92 Lakh ₹1.83 Lakh ₹1.88 Lakh
Other Comprehensive Income -₹16.09 Cr -₹2.35 Cr -₹80.05 Lakh ₹63.11 Lakh ₹2.72 Cr ₹2.33 Cr -₹3.52 Cr
Total Comprehensive Income ₹400.98 Cr ₹408.14 Cr ₹411.1 Cr ₹618.73 Cr ₹262.42 Cr ₹122.67 Cr ₹161.28 Cr
EBITDA (computed) ₹599.63 Cr ₹610.48 Cr ₹605.91 Cr ₹895.24 Cr ₹397.57 Cr ₹216.35 Cr ₹260.66 Cr
Basic EPS ₹136.03 ₹133.89 ₹134.34 ₹201.60 ₹84.71 ₹39.25 ₹53.75
Diluted EPS ₹136.03 ₹133.89 ₹134.34 ₹201.60 ₹84.71 ₹39.25 ₹53.75
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹2,998.81 Cr ₹2,510.67 Cr ₹2,107.77 Cr ₹1,806.6 Cr
Non-current Assets ₹678.62 Cr ₹697.31 Cr ₹425.52 Cr ₹386.81 Cr
Current Assets ₹2,320.2 Cr ₹1,813.36 Cr ₹1,682.25 Cr ₹1,419.8 Cr
Property, Plant & Equipment ₹386.32 Cr ₹360.87 Cr ₹231.04 Cr ₹212.55 Cr
Inventories ₹402.49 Cr ₹362.92 Cr ₹260.89 Cr ₹444.98 Cr
Trade Receivables ₹351.13 Cr ₹331.53 Cr ₹311.31 Cr ₹350.65 Cr
Cash & Equivalents ₹188.33 Cr ₹189.15 Cr ₹695.05 Cr ₹514.83 Cr
Equity (Net Worth) ₹2,664.52 Cr ₹2,295.23 Cr ₹1,921.05 Cr ₹1,541.25 Cr
Equity Share Capital ₹15.33 Cr ₹15.33 Cr ₹15.33 Cr ₹15.33 Cr
Borrowings (Non-current) ₹44.8 Cr ₹0 ₹0 ₹0
Borrowings (Current) ₹14.55 Lakh ₹0 ₹0 ₹27.2 Cr
Total Debt (computed) ₹44.94 Cr ₹0 ₹0 ₹27.2 Cr
Current Liabilities ₹273.37 Cr ₹214.42 Cr ₹184.25 Cr ₹264.54 Cr
Total Liabilities ₹334.29 Cr ₹215.44 Cr ₹186.72 Cr ₹265.35 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹429.6 Cr ₹204 Cr ₹634.51 Cr ₹485.32 Cr ₹67.99 Cr
Investing Cash Flow -₹409.19 Cr -₹668.61 Cr -₹390.64 Cr -₹84.74 Cr -₹56.29 Cr
Financing Cash Flow -₹21.96 Lakh -₹34.34 Cr -₹58.53 Cr -₹68.65 Cr -₹44.6 Cr
Capital Expenditure ₹142.01 Cr ₹127.6 Cr ₹86.41 Cr ₹81.1 Cr ₹61 Cr
Free Cash Flow (computed) ₹287.6 Cr ₹76.4 Cr ₹548.1 Cr ₹404.21 Cr ₹6.99 Cr
Dividends Paid ₹33.72 Cr ₹30.66 Cr ₹27.59 Cr ₹27.59 Cr ₹33.73 Cr
Net Change in Cash -₹82.85 Lakh -₹505.9 Cr ₹180.23 Cr ₹289.17 Cr -₹32.89 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹625.32 Cr ₹554.8 Cr ₹597.29 Cr ₹588.38 Cr ₹606.79 Cr ₹513.22 Cr ₹595.82 Cr ₹549.69 Cr ₹546.88 Cr ₹488.4 Cr ₹540.49 Cr ₹547.17 Cr
Other Income ₹34.6 Cr ₹21.13 Cr ₹21.13 Cr ₹39.82 Cr ₹25.77 Cr ₹29.06 Cr ₹21.9 Cr ₹24.5 Cr ₹22.83 Cr ₹17.44 Cr ₹17.15 Cr ₹14.45 Cr
Total Income ₹659.92 Cr ₹575.93 Cr ₹618.41 Cr ₹628.2 Cr ₹632.56 Cr ₹542.28 Cr ₹617.72 Cr ₹574.19 Cr ₹569.72 Cr ₹505.84 Cr ₹557.64 Cr ₹561.62 Cr
Cost of Materials Consumed ₹393.74 Cr ₹329.83 Cr ₹356.4 Cr ₹360.61 Cr ₹361.97 Cr ₹348.04 Cr ₹362.08 Cr ₹309.43 Cr ₹274.52 Cr ₹225.49 Cr ₹250.81 Cr ₹332.31 Cr
Purchases of Stock-in-Trade ₹0 ₹2.32 Lakh ₹3.2 Cr ₹2.71 Cr ₹1.99 Cr ₹1.72 Cr ₹0 ₹38,000 ₹2,000 -₹60,000 ₹17.01 Lakh ₹0
Changes in Inventories -₹20.48 Cr ₹13.9 Cr -₹10.62 Cr -₹12.75 Cr ₹2.63 Cr -₹38.89 Cr -₹21.14 Cr ₹72.2 Lakh ₹31.22 Cr ₹51.9 Cr ₹58.27 Cr -₹7.64 Cr
Employee Benefit Expense ₹41.82 Cr ₹44.96 Cr ₹37.38 Cr ₹39.78 Cr ₹37.28 Cr ₹32.85 Cr ₹31.32 Cr ₹33.71 Cr ₹32.52 Cr ₹28.39 Cr ₹28.64 Cr ₹30 Cr
Finance Costs ₹2.71 Cr ₹45.99 Lakh ₹42.67 Lakh ₹52.73 Lakh ₹72.42 Lakh ₹42.13 Lakh ₹42.37 Lakh ₹62.64 Lakh ₹52.71 Lakh ₹51.15 Lakh ₹72.14 Lakh ₹67.3 Lakh
Depreciation & Amortisation ₹18.04 Cr ₹13.77 Cr ₹12.81 Cr ₹11.79 Cr ₹14.84 Cr ₹13.03 Cr ₹12.41 Cr ₹11.7 Cr ₹15.29 Cr ₹14.74 Cr ₹14.4 Cr ₹11.72 Cr
Other Expenses ₹80.41 Cr ₹71.73 Cr ₹75.76 Cr ₹74.46 Cr ₹83.36 Cr ₹70.49 Cr ₹72.92 Cr ₹66.1 Cr ₹65.14 Cr ₹64.4 Cr ₹71.54 Cr ₹51.27 Cr
Total Expenses ₹516.23 Cr ₹474.67 Cr ₹475.36 Cr ₹477.11 Cr ₹502.79 Cr ₹427.65 Cr ₹458.03 Cr ₹422.29 Cr ₹419.21 Cr ₹385.41 Cr ₹424.56 Cr ₹418.33 Cr
Profit Before Exceptional Items & Tax ₹143.69 Cr ₹101.27 Cr ₹143.05 Cr ₹151.09 Cr ₹129.77 Cr ₹114.63 Cr ₹159.7 Cr ₹151.9 Cr ₹150.51 Cr ₹120.44 Cr ₹133.08 Cr ₹143.3 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹6.98 Cr ₹0 ₹0 ₹0 ₹0 -₹56.32 Lakh ₹0 ₹0 ₹0
Profit Before Tax ₹143.69 Cr ₹101.27 Cr ₹143.05 Cr ₹158.07 Cr ₹129.77 Cr ₹114.63 Cr ₹159.7 Cr ₹151.9 Cr ₹149.95 Cr ₹120.44 Cr ₹133.08 Cr ₹143.3 Cr
Total Tax Expense ₹25.3 Cr ₹26.85 Cr ₹33.46 Cr ₹40.25 Cr ₹32.8 Cr ₹31.93 Cr ₹41.77 Cr ₹38.16 Cr ₹35.28 Cr ₹25.25 Cr ₹28.9 Cr ₹42.79 Cr
Net Profit ₹117.49 Cr ₹73.93 Cr ₹108.55 Cr ₹117.1 Cr ₹97.12 Cr ₹82.69 Cr ₹117.44 Cr ₹113.25 Cr ₹114.55 Cr ₹94.21 Cr ₹103.37 Cr ₹99.77 Cr
  attributable to Owners ₹117.49 Cr ₹73.93 Cr ₹108.55 Cr ₹117.1 Cr ₹97.12 Cr - ₹117.44 Cr ₹113.25 Cr - ₹0 ₹0 ₹0
  attributable to NCI ₹0 ₹0 ₹0 ₹0 ₹0 - ₹0 ₹0 - ₹0 ₹0 ₹0
Other Comprehensive Income -₹6.69 Cr ₹2.73 Cr -₹6.25 Cr -₹5.88 Cr -₹1.7 Cr -₹1.67 Lakh -₹23.75 Lakh -₹39.71 Lakh -₹8.64 Lakh -₹9.3 Lakh -₹16.3 Lakh -₹45.81 Lakh
Total Comprehensive Income ₹110.8 Cr ₹76.66 Cr ₹102.3 Cr ₹111.22 Cr ₹95.41 Cr ₹82.67 Cr ₹117.2 Cr ₹112.85 Cr ₹114.46 Cr ₹94.11 Cr ₹103.21 Cr ₹99.31 Cr
EBITDA (computed) ₹164.44 Cr ₹115.49 Cr ₹156.29 Cr ₹163.4 Cr ₹145.33 Cr ₹128.08 Cr ₹172.53 Cr ₹164.22 Cr ₹166.33 Cr ₹135.68 Cr ₹148.21 Cr ₹155.69 Cr
Basic EPS ₹38.32 ₹24.11 ₹35.40 ₹38.19 ₹31.68 ₹26.97 ₹38.30 ₹36.94 ₹37.36 ₹30.73 ₹33.71 ₹32.54
Diluted EPS ₹38.32 ₹24.11 ₹35.40 ₹38.19 ₹31.68 ₹26.97 ₹38.30 ₹36.94 ₹37.36 ₹30.73 ₹33.71 ₹32.54
Latest 12 quarters shown of 25 on record.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2020
Revenue from Operations ₹2,275.96 Cr ₹2,205.19 Cr ₹1,951.14 Cr ₹3,029.15 Cr ₹1,858.43 Cr ₹1,026.22 Cr
Other Income ₹113.97 Cr ₹96.63 Cr ₹71.67 Cr ₹64.1 Cr ₹33.2 Cr ₹20.51 Cr
Total Income ₹2,389.94 Cr ₹2,301.82 Cr ₹2,022.81 Cr ₹3,093.24 Cr ₹1,891.63 Cr ₹1,046.73 Cr
Cost of Materials Consumed ₹1,433.15 Cr ₹1,363.13 Cr ₹1,066.74 Cr ₹1,922.92 Cr ₹1,219.98 Cr ₹636.01 Cr
Purchases of Stock-in-Trade ₹4.81 Cr ₹3.3 Cr ₹0 ₹0 ₹0 ₹18,000
Changes in Inventories ₹10.5 Cr -₹34.58 Cr ₹53.16 Cr -₹57.19 Cr -₹25.8 Cr -₹29.64 Cr
Employee Benefit Expense ₹156.7 Cr ₹128.58 Cr ₹113.65 Cr ₹100.6 Cr ₹85.37 Cr ₹69.44 Cr
Finance Costs ₹3.04 Cr ₹1.69 Cr ₹2.32 Cr ₹4.47 Cr ₹5.06 Cr ₹4.78 Cr
Depreciation & Amortisation ₹53.32 Cr ₹51.38 Cr ₹56.15 Cr ₹47.89 Cr ₹39.9 Cr ₹34.65 Cr
Other Expenses ₹259.4 Cr ₹263.69 Cr ₹236.74 Cr ₹281.53 Cr ₹230.35 Cr ₹114.34 Cr
Total Expenses ₹1,920.91 Cr ₹1,777.18 Cr ₹1,528.76 Cr ₹2,300.22 Cr ₹1,554.86 Cr ₹829.57 Cr
Profit Before Exceptional Items & Tax ₹469.02 Cr ₹524.64 Cr ₹494.05 Cr ₹793.02 Cr ₹336.77 Cr ₹217.16 Cr
Exceptional Items ₹6.98 Cr ₹0 -₹56.32 Lakh ₹0 ₹0 ₹0
Profit Before Tax ₹476.01 Cr ₹524.64 Cr ₹493.49 Cr ₹793.02 Cr ₹336.77 Cr ₹217.16 Cr
Total Tax Expense ₹129.63 Cr ₹134.98 Cr ₹125.94 Cr ₹202.42 Cr ₹86.1 Cr ₹50.66 Cr
Net Profit ₹346.38 Cr ₹389.66 Cr ₹367.55 Cr ₹590.6 Cr ₹250.67 Cr ₹166.5 Cr
Other Comprehensive Income -₹16.09 Cr -₹2.34 Cr -₹80.05 Lakh ₹63.11 Lakh ₹2.72 Cr -₹3.52 Cr
Total Comprehensive Income ₹330.29 Cr ₹387.32 Cr ₹366.75 Cr ₹591.23 Cr ₹253.38 Cr ₹162.99 Cr
EBITDA (computed) ₹525.38 Cr ₹577.71 Cr ₹552.52 Cr ₹845.38 Cr ₹381.72 Cr ₹256.59 Cr
Basic EPS ₹112.97 ₹127.09 ₹119.88 ₹192.63 ₹81.76 ₹54.31
Diluted EPS ₹112.97 ₹127.09 ₹119.88 ₹192.63 ₹81.76 ₹54.31
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹2,790.59 Cr ₹2,424.48 Cr ₹2,044.12 Cr ₹1,772.34 Cr
Non-current Assets ₹697.28 Cr ₹726.05 Cr ₹480.95 Cr ₹400.58 Cr
Current Assets ₹2,093.31 Cr ₹1,698.43 Cr ₹1,563.17 Cr ₹1,371.75 Cr
Property, Plant & Equipment ₹265.56 Cr ₹252.17 Cr ₹231.04 Cr ₹212.54 Cr
Inventories ₹274.29 Cr ₹275.15 Cr ₹195.22 Cr ₹298.71 Cr
Trade Receivables ₹401.67 Cr ₹365.95 Cr ₹348.03 Cr ₹476.92 Cr
Cash & Equivalents ₹47.3 Cr ₹130.21 Cr ₹607.55 Cr ₹489.2 Cr
Equity (Net Worth) ₹2,514.51 Cr ₹2,217.95 Cr ₹1,861.29 Cr ₹1,522.13 Cr
Equity Share Capital ₹15.33 Cr ₹15.33 Cr ₹15.33 Cr ₹15.33 Cr
Borrowings (Non-current) ₹0 ₹0 ₹0 ₹0
Borrowings (Current) ₹0 ₹0 ₹0 ₹27.2 Cr
Total Debt (computed) ₹0 ₹0 ₹0 ₹27.2 Cr
Current Liabilities ₹262.96 Cr ₹205.65 Cr ₹180.36 Cr ₹249.39 Cr
Total Liabilities ₹276.08 Cr ₹206.53 Cr ₹182.83 Cr ₹250.2 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹372.38 Cr ₹195.63 Cr ₹605.79 Cr ₹433.59 Cr ₹50.74 Cr
Investing Cash Flow -₹411.78 Cr -₹639.13 Cr -₹429.02 Cr -₹84.74 Cr -₹56.18 Cr
Financing Cash Flow -₹43.52 Cr -₹33.84 Cr -₹58.42 Cr -₹68.55 Cr -₹41.65 Cr
Capital Expenditure ₹70.35 Cr ₹37.9 Cr ₹64.45 Cr ₹81.1 Cr ₹61 Cr
Free Cash Flow (computed) ₹302.03 Cr ₹157.74 Cr ₹541.33 Cr ₹352.5 Cr -₹10.26 Cr
Dividends Paid ₹33.72 Cr ₹30.66 Cr ₹27.59 Cr ₹27.59 Cr ₹33.73 Cr
Net Change in Cash -₹82.91 Cr -₹477.33 Cr ₹118.35 Cr ₹280.3 Cr -₹47.09 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹616.3 Cr ₹528.59 Cr ₹571.93 Cr ₹559.15 Cr ₹576.25 Cr ₹521.51 Cr ₹595.47 Cr ₹508.33 Cr ₹521.52 Cr ₹425.76 Cr ₹471.73 Cr ₹532.14 Cr
Other Income ₹34.07 Cr ₹20.08 Cr ₹33.92 Cr ₹25.9 Cr ₹25.58 Cr ₹28.85 Cr ₹21.72 Cr ₹24.11 Cr ₹22.62 Cr ₹17.45 Cr ₹17.15 Cr ₹14.45 Cr
Total Income ₹650.38 Cr ₹548.66 Cr ₹605.84 Cr ₹585.05 Cr ₹601.83 Cr ₹550.36 Cr ₹617.19 Cr ₹532.44 Cr ₹544.14 Cr ₹443.21 Cr ₹488.88 Cr ₹546.59 Cr
Cost of Materials Consumed ₹391.49 Cr ₹328.43 Cr ₹354.54 Cr ₹358.69 Cr ₹359.12 Cr ₹341.68 Cr ₹357.64 Cr ₹304.7 Cr ₹271.92 Cr ₹222.82 Cr ₹247.83 Cr ₹324.18 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹2.73 Cr ₹2.09 Cr ₹1.99 Cr ₹1.31 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹4.23 Cr ₹13.12 Cr ₹5.95 Cr -₹12.8 Cr ₹66.78 Lakh -₹20.55 Cr -₹3.62 Cr -₹11.08 Cr ₹22.25 Cr ₹25.05 Cr ₹26.02 Cr -₹20.16 Cr
Employee Benefit Expense ₹40.72 Cr ₹43.26 Cr ₹35 Cr ₹37.71 Cr ₹34.76 Cr ₹30.99 Cr ₹30.24 Cr ₹32.59 Cr ₹31.24 Cr ₹26.88 Cr ₹26.98 Cr ₹28.55 Cr
Finance Costs ₹1.74 Cr ₹40.53 Lakh ₹39.33 Lakh ₹50.61 Lakh ₹49.56 Lakh ₹40.15 Lakh ₹40.52 Lakh ₹38.79 Lakh ₹49.98 Lakh ₹47.75 Lakh ₹69.95 Lakh ₹64.63 Lakh
Depreciation & Amortisation ₹16.99 Cr ₹12.8 Cr ₹12.28 Cr ₹11.26 Cr ₹13.99 Cr ₹12.97 Cr ₹12.41 Cr ₹11.7 Cr ₹15.29 Cr ₹14.74 Cr ₹14.4 Cr ₹11.71 Cr
Other Expenses ₹68.57 Cr ₹59.18 Cr ₹65.45 Cr ₹66.2 Cr ₹71.53 Cr ₹63.87 Cr ₹68.28 Cr ₹60.33 Cr ₹63.86 Cr ₹58.65 Cr ₹66.52 Cr ₹47.7 Cr
Total Expenses ₹523.73 Cr ₹457.19 Cr ₹476.33 Cr ₹463.65 Cr ₹482.54 Cr ₹430.66 Cr ₹465.35 Cr ₹398.62 Cr ₹405.07 Cr ₹348.61 Cr ₹382.46 Cr ₹392.63 Cr
Profit Before Exceptional Items & Tax ₹126.64 Cr ₹91.47 Cr ₹129.51 Cr ₹121.4 Cr ₹119.29 Cr ₹119.7 Cr ₹151.84 Cr ₹133.81 Cr ₹139.07 Cr ₹94.61 Cr ₹106.42 Cr ₹153.96 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹6.98 Cr ₹0 ₹0 ₹0 ₹0 -₹56.32 Lakh ₹0 ₹0 ₹0
Profit Before Tax ₹126.64 Cr ₹91.47 Cr ₹129.51 Cr ₹128.38 Cr ₹119.29 Cr ₹119.7 Cr ₹151.84 Cr ₹133.81 Cr ₹138.51 Cr ₹94.61 Cr ₹106.42 Cr ₹153.96 Cr
Total Tax Expense ₹36.58 Cr ₹23.35 Cr ₹34.16 Cr ₹35.54 Cr ₹30.76 Cr ₹30.69 Cr ₹38.72 Cr ₹34.81 Cr ₹34.2 Cr ₹24.95 Cr ₹27.05 Cr ₹39.74 Cr
Net Profit ₹90.06 Cr ₹68.12 Cr ₹95.35 Cr ₹92.85 Cr ₹88.54 Cr ₹89.01 Cr ₹113.11 Cr ₹99 Cr ₹104.31 Cr ₹69.66 Cr ₹79.37 Cr ₹114.22 Cr
Other Comprehensive Income -₹6.68 Cr ₹2.73 Cr -₹6.25 Cr -₹5.88 Cr -₹1.69 Cr -₹1.67 Lakh -₹23.75 Lakh -₹39.71 Lakh -₹8.64 Lakh -₹9.3 Lakh -₹16.3 Lakh -₹45.81 Lakh
Total Comprehensive Income ₹83.38 Cr ₹70.85 Cr ₹89.1 Cr ₹86.96 Cr ₹86.85 Cr ₹88.99 Cr ₹112.88 Cr ₹98.6 Cr ₹104.22 Cr ₹69.57 Cr ₹79.21 Cr ₹113.76 Cr
EBITDA (computed) ₹145.37 Cr ₹104.67 Cr ₹142.18 Cr ₹133.16 Cr ₹133.78 Cr ₹133.07 Cr ₹164.65 Cr ₹145.9 Cr ₹154.86 Cr ₹109.82 Cr ₹121.52 Cr ₹166.32 Cr
Basic EPS ₹29.38 ₹22.22 ₹31.10 ₹30.28 ₹28.88 ₹29.03 ₹36.89 ₹32.29 ₹34.02 ₹22.72 ₹34.71 ₹37.25
Diluted EPS ₹29.38 ₹22.22 ₹31.10 ₹30.28 ₹28.88 ₹29.03 ₹36.89 ₹32.29 ₹34.02 ₹22.72 ₹34.71 ₹37.25
Latest 12 quarters shown of 24 on record.
Want more history and ratios?
You're viewing the latest exchange-filed financials for Fine Organic Industries Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
10+ years of history 20+ ratios & benchmarks Downloadable PDF

Shareholding Pattern of Fine Organic Industries Limited

As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 75.00%, foreign institutional investors hold 4.40%, domestic institutional investors hold 11.65%, retail and other public shareholders hold 8.95% of Fine Organic Industries Limited. The company had 88,948 shareholders on record.

Promoters: 75.00%DII (Domestic Institutional): 11.65%FII (Foreign Institutional): 4.40%Retail & Others: 8.95%
Mar 2026
QUARTER
75.00% Promoters
11.65% DII (Domestic Institutional)
4.40% FII (Foreign Institutional)
8.95% Retail & Others
Promoter holding - history
Now 75.00% · Mar 2026High 75.00% · Jun 2018Low 75.00% · Jun 2018
74%74.5%75%75.5%76%Jun 2018Mar 2020Mar 2022Dec 2023Sep 2025Jun 2018: 75.00%Sep 2018: 75.00%Dec 2018: 75.00%Mar 2019: 75.00%Jun 2019: 75.00%Sep 2019: 75.00%Dec 2019: 75.00%Mar 2020: 75.00%Jun 2020: 75.00%Sep 2020: 75.00%Dec 2020: 75.00%Mar 2021: 75.00%Jun 2021: 75.00%Dec 2021: 75.00%Mar 2022: 75.00%Jun 2022: 75.00%Sep 2022: 75.00%Dec 2022: 75.00%Mar 2023: 75.00%Jun 2023: 75.00%Sep 2023: 75.00%Dec 2023: 75.00%Mar 2024: 75.00%Jun 2024: 75.00%Sep 2024: 75.00%Dec 2024: 75.00%Mar 2025: 75.00%Jun 2025: 75.00%Sep 2025: 75.00%Dec 2025: 75.00%Mar 2026: 75.00%75.00%75.00%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters75.00%75.00%75.00%75.00%75.00%75.00%
Public25.00%25.00%25.00%25.00%25.00%25.00%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Promoters75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%
Public25.00%25.00%25.00%25.00%25.00%25.00%25.00%25.00%
Promoter change (YoY, %pts)+0.00+0.00+0.00+0.00+0.00+0.00+0.00-

Board & Governance of Fine Organic Industries Limited

As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Fine Organic Industries Limited has 10 directors - 5 independent and 5 executive. The board is chaired by Mukesh Maganlal Shah.

DirectorPositionOn board sinceListed boards
Mukesh Maganlal Shah Executive Director · Chairperson 2002-05-24 1
Jayen Ramesh Shah Executive Director · MD 2002-05-24 1
Tushar Ramesh Shah Executive Director · CEO 2002-05-24 1
Bimal Mukesh Shah Executive Director 2011-04-01 1
Nikhil Dattatraya Kamat Executive Director 2022-06-27 1
Prakash Krishnaji Apte Non-Executive - Independent Director 2017-11-13 3
Kaushik Dwarkadas Shah Non-Executive - Independent Director 2018-01-24 1
Mahesh Pansukhlal Sarda Non-Executive - Independent Director 2017-11-13 2
Thiruvengadam Parthasarathi Non-Executive - Independent Director 2017-11-13 3
Rashi Mehta Non-Executive - Independent Director 2024-02-02 1
Board Committees
CommitteeMembers
Audit Committee Mahesh Pansukhlal Sarda (Chairperson), Prakash Krishnaji Apte, Kaushik Dwarkadas Shah, Thiruvengadam Parthasarathi, Jayen Ramesh Shah, Tushar Ramesh Shah
Nomination and remuneration committee Thiruvengadam Parthasarathi (Chairperson), Mahesh Pansukhlal Sarda, Mukesh Maganlal Shah, Rashi Mehta
Stakeholders Relationship Committee Kaushik Dwarkadas Shah (Chairperson), Prakash Krishnaji Apte, Mukesh Maganlal Shah, Jayen Ramesh Shah, Tushar Ramesh Shah, Rashi Mehta
Risk Management Committee Prakash Krishnaji Apte (Chairperson), Thiruvengadam Parthasarathi, Jayen Ramesh Shah, Nikhil Dattatraya Kamat, Sonali Bhadani, Rashi Mehta
Corporate Social Responsibility Committee Jayen Ramesh Shah (Chairperson), Prakash Krishnaji Apte, Kaushik Dwarkadas Shah, Mukesh Maganlal Shah, Tushar Ramesh Shah

Group Structure of Fine Organic Industries Limited

Fine Organic Industries Limited has 1 joint venture. This group structure data is as of FY 2022. The corporate group structure reflects Fine Organic Industries Limited's business expansion strategy and organizational complexity.

1
Joint ventures

Charges & Borrowings of Fine Organic Industries Limited

Open charges
₹56 Cr
Satisfied charges
₹372.51 Cr
Breakdown by lending institutions
Citi Bank N.A.₹40.00 Cr
Hdfc Bank Limited₹16.00 Cr
Latest charge details
DateLenderAmountStatus
01 Sep 2021 Hdfc Bank Limited ₹16 Cr Open
10 Jan 2013 Citi Bank N.A. ₹40 Cr Open
23 Jul 2018 Citi Bank N.A. ₹125 Cr Satisfied
30 Dec 2013 Union Bank of India ₹30 Cr Satisfied
30 Dec 2013 Union Bank of India ₹3.25 Cr Satisfied

Total charge records: 18 View all charges

Employees and EPFO Compliance at Fine Organic Industries Limited

Fine Organic Industries Limited has a workforce of 779 employees as of Apr 06, 2024.

Employee count
779
Active EPFO establishments
3
Employee growth
6.13%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Fine Organic Industries Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Fine Organic Industries Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Fine Organic Industries Limited

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Fine Organic Industries Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Fine Organic Industries Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Fine Organic Industries Limited

MSME Payment Delays by Fine Organic Industries Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Fine Organic Industries Limited

Subsidiaries & Group Companies of Fine Organic Industries Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Fine Organic Industries Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Fine Organic Industries Limited

MCA Filings & Documents of Fine Organic Industries Limited

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Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Fine Organic Industries Limited

Activity
21 Aug 2025
Fine Organic Industries Limited last Annual general meeting of members was held on 21 Aug 2025 as per latest MCA records.
Activity
31 Mar 2025
Fine Organic Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Directors
16 Apr 2024
Tushar Ramesh Shah was appointed as a CEO on 16 Apr 2024 & has been associated with this company since 2 years 2 months.
Directors
16 Apr 2024
Sonali Bhadani was appointed as a Cfo on 16 Apr 2024 & has been associated with this company since 2 years 2 months.
Directors
01 Apr 2024
Tushar Ramesh Shah was appointed as a CEO on 01 Apr 2024 & has been associated with this company since 2 years 3 months.
Directors
02 Feb 2024
Rashi Hrushikesh Mehta was appointed as a Director on 02 Feb 2024 & has been associated with this company since 2 years 5 months.

Recent News on Fine Organic Industries Limited

Frequently Asked Questions about Fine Organic Industries Limited

Fine Organic Industries Limited is an active public limited company in the chemicals and materials sector based in Mumbai, Maharashtra, India. It was incorporated on 24 May 2002 (24+ years old) and is registered under CIN L24119MH2002PLC136003. Listed on BSE: 541557 and NSE: FINEORG. The company has 779 employees.

Fine Organic Industries Limited reported revenue of ₹2,366.75 Cr for FY 2025 (up 8.00% YoY).

The current directors of Fine Organic Industries Limited are:

The primary industry of Fine Organic Industries Limited is chemicals and materials. The company specifically operates in specialty chemicals. The company is currently active in this sector.

Yes. Fine Organic Industries Limited is listed on both BSE (code: 541557) and NSE (symbol: FINEORG).

Fine Organic Industries Limited can be reached at the registered office: Fine Housem G Road Ghatkoper E, Mumbai, Maharashtra, India – 400077, or through the website fineorganics.com.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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