Fine Organic Industries share price today

Fine Organic Industries Ltd's share price was ₹5,135.00 at the close on 4 November 2026. It has been rising for 24 weeks. That is 4.4% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹3,887 and ₹5,462, and at that close it sat 79% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Fine Organic Industries Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 8 weeks in a row.

Over the last 8.3 years the share price moved +536% while the NIFTY 500 moved +134%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue up on a year earlier for 9 quarters in a row, highest quarterly profit in 13 quarters and highest quarterly revenue in 14 quarters.

1. Revenue up on a year earlier for 9 quarters in a row

   In the June 2026 quarter revenue was ₹694 crore, +18% on a year earlier.

2. Highest quarterly profit in 13 quarters

   Profit of ₹138 crore in the June 2026 quarter is the highest of the last 13 quarters.

3. Highest quarterly revenue in 14 quarters

   Revenue of ₹694 crore in the June 2026 quarter is the highest of the last 14 quarters.

For April to June 2026 (the quarter ended 30 June 2026), Fine Organic Industries reported revenue of ₹694 crore, up 18.0% from ₹588 crore a year earlier, and a profit of ₹138 crore, up 17.9% from ₹117 crore.

Fine Organic Industries results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

The newest call in our records is from 21 May 2026, about January to March 2026; a call about these results is not in our records yet.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Fine Organic Industries closed at ₹5,135.00 on 4 November 2026, up 18.0% from ₹4,351.70 a year earlier (7 November 2025) and up 49.5% over five years. Its highest weekly close since July 2018 was ₹7,087.75 on 23 September 2022.

Fine Organic Industries share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

442 weekly closes from 6 July 2018 to 4 November 2026.

4 Nov 2026: Fine Organic Industries closed at ₹5,135.00, up 1.7% on the week and up 0.1% on the month. 31 Jul 2026: ex-date for a dividend of ₹11 a share.

Earlier

• Results for April to June 2026: Revenue up 18.0% and profit up 17.9% on a year earlier.
• 21 May 2026: Fine Organic Industries held its results call for January to March 2026. Management guided: FY27-FY28 revenue growth: flat through H2 FY28; top-line moves expected price-driven (cost pass-through) not volume-driven until new capacity commissioned.

Fine Organic Industries paid ₹11 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.21% at the ₹5,135.00 close on 4 November 2026. The last was a dividend of ₹11 a share, ex-date 31 July 2026.

Fine Organic Industries dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. Fine Organic Industries Ltd paid out 8% of its profit as dividends in FY26, and it paid a dividend in each of its last 11 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for January to March 2026, held on 21 May 2026, Fine Organic Industries' management guided: FY27-FY28 revenue growth: flat through H2 FY28; top-line moves expected price-driven (cost pass-through) not volume-driven until new capacity commissioned.

“Growth is currently limited because our plants are running at full capacity. I have told investors that these 2 years will be flat because we cannot add capacity. One more year will be flat. Significant growth will follow once the SEZ and US plants are commissioned. Until 2028, growth is going to be flat”Mukesh Shah, Promoter and Chairman, on the call for January to March 2026

What management guided

• FY27 raw material pricing: elevated; expected persistent through minimum FY27 due to Indonesia and Malaysia biodiesel mandates; normalization timing hinges on geopolitical conflict resolution.
• SEZ (JNPA) commercial production: H2 FY28; initial production will export existing product portfolio with no new regulatory approvals needed for approximately 98% of customer base.
• SEZ phase-1 capital spending: ₹700-750 crore; equity infused to date ₹192.5 crore; more meaningful capital spending expected in coming quarters as construction accelerates.
• US project construction timeline: 18-24 months from contractor finalization (aiming for 18 months); capital spending amount to be disclosed within next quarter post-contractor finalization; phased deployment across minimum 3 phases.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for January to March 2026, 21 May 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.

When Fine Organic Industries reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: SEZ capital spending acceleration: Management flagged more meaningful capital spending beginning in coming quarters as construction ramps post-contractor finalization; track quarterly capitalization trend and cumulative CWIP build on balance sheet to verify H2 FY28 commissioning confidence and capital spending pace toward ₹700-750 crore goal.

Fine Organic Industries is on 2 of our India lists: Momentum stocks and Small & mid cap stocks.

Fine Organic Industries Ltd earned ₹138 Cr of net profit in the Jun 2026 quarter, +17.9% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹417 Cr. Over 10 years profit has grown 18.6% a year on average. That is 19.9% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹117 Cr.

For the full year, FY26 profit was ₹417 Cr (+1.7% on the year before).

Why profit moved: revenue changed +18.0% on a year earlier and the margin moved +4.0 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +5.2% and revenue +7.2%. Profit and revenue are moving at about the same pace.

Fine Organic Industries Ltd reported ₹694 Cr of revenue in the Jun 2026 quarter, +18.0% on the same quarter a year earlier. That is the 9th quarter in a row with growth on the year before. Over 10 years it has grown 13.6% a year on average. The last full year, FY26, came in at ₹2,366 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹2,471 Cr.

FY26 revenue was ₹2,366 Cr, +4.3% on the year before.

Recent pace: the last four quarters grew +7.2% on average, against 13.6% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +7.1%, against +7.8% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +5.8%, against +1.5% a year (accelerating).

Fine Organic Industries Ltd's operating margin was 25.0% in the Jun 2026 quarter, 4.0 percentage points higher than the same quarter a year ago. Across 11 years it has been between 17.0% and 27.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +4.2 percentage points on the year while gross margin changed +5.0 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 102% of Fine Organic Industries Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹430 Cr of operating cash against ₹417 Cr of profit. After ₹118 Cr of spending on assets, ₹312 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 102% of profit came in as cash: the cash cycle got 47 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: the bigger use of cash is spending on new assets, at 2.2× depreciation over three years. The next section checks what that spending is building.

Fine Organic Industries Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 113 days in FY26, up from 66 days in FY21. It spent ₹363 Cr on assets over the last 3 years. Customers take 54 days to pay, and stock sits for 104 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹2,366 Cr, each day of that cycle ties up about ₹6.5 Cr, so roughly ₹732 Cr is tied up in the business at any time.

FY26: customers took 54 days to pay and stock sat for 104 days, about 3.4 months of sales sitting as stock, for a full cycle of 113 days, longer than FY21's 66.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 104 days. Customers pay about 54 days after that. Suppliers are paid at 45 days. Together that makes the 113-day cycle.

Spending on assets: ₹363 Cr over the last 3 years, against ₹165 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹64.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Fine Organic Industries Ltd's P/E is 35.9×, in the middle of its own history: higher than 48% of past readings. Its usual P/E (the middle reading) is 36.2×, over 8.3 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

Why the multiple is where it is: over the past year earnings per share moved +1.6% while the price moved +18.0%. The price did better than earnings, which pushed the multiple up within its own range.

Where the price move came from: over 5 years the price moved +8.4% a year; about +28.0% a year came from earnings growth and about −19.6 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple.

Fine Organic Industries Ltd's business is giving mixed signals. There is no clear direction across the growth lines, with ROCE steady at 22.9%; each line tells part of the story. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: when the lines disagree, each line above matters more than any single label.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Fine Organic Industries Ltd earned a ROCE of 21% in FY26. Its return on capital used (ROIC) is 15.6 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 17.6% net margin and 0.79× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY26): a 17.6% net margin × 0.79× asset turnover × 1.13× leverage (assets divided by equity) ≈ 15.7% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed.

The key test, return on capital used minus the cost of capital: 27.6% − 12.0% = +15.6 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. A gap this wide means each rupee put back into the business creates more than a rupee of value.

The 27.6% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 24.7%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.