# Fine Organic Industries share price today (Fine Organic Industries Ltd, NSE: FINEORG)

> Fine Organic Industries share price today: ₹5,135.00 at the NSE close on 4 November 2026, up 18.0% in a year. Fine Organic Industries (NSE: FINEORG) is worth ₹15,744 crore, trades at a P/E of 35.9 and has closed between ₹3,886.80 and ₹5,461.50 over the past 52 weeks. > Fine Organic Industries Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. FINEORG · Chemicals - Organic · data as of 4 November 2026. Page: https://www.sectoralpha.in/stocks/fine-organic-industries-ltd

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## Key numbers

- Business trend: Mixed, from the last 12 quarters
- Price: ₹5,135.00 (+18.0% in a year)
- P/E: 35.9× (lower than 52% of the last 8.3 years)
- Revenue (Jun 2026): ₹694 Cr (+18.0% on a year ago)
- Profit (Jun 2026): ₹138 Cr (+17.9% on a year ago)
- Operating margin: 25.0% (+4.0 points on a year ago)
- ROCE: 21%, FY26
- ROIC: 27.6%, against a 12.0% cost of capital: +15.6 points

Biggest thing to watch: the price has already been rising for 24 weeks, so timing is the risk more than the business. ## What is the 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. 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. ## What changed at Fine Organic Industries this quarter? 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. ## What are Fine Organic Industries' latest quarterly results? 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

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹694 crore | ₹588 crore | +18.0% |
| Profit | ₹138 crore | ₹117 crore | +17.9% |
| Earnings per share | ₹45.06 | ₹38.19 | +18.0% |
| Operating margin | 25.0% | 21.0% | +4.0 points |

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.)

## What is the Fine Organic Industries share price history? 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

| When | Close | Change to 4 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 30 Oct 2026 | ₹5,049.00 | +1.7% |
| 1 month ago · 1 Oct 2026 | ₹5,131.00 | +0.1% |
| 6 months ago · 8 May 2026 | ₹4,653.90 | +10.3% |
| 1 year ago · 7 Nov 2025 | ₹4,351.70 | +18.0% |
| 3 years ago · 3 Nov 2023 | ₹4,242.85 | +21.0% |
| 5 years ago · 4 Nov 2021 | ₹3,434.45 | +49.5% |
| Earliest weekly close in our records · 6 Jul 2018 | ₹807.05 | +536.3% |
| Highest weekly close since July 2018 · 23 Sep 2022 | ₹7,087.75 | −27.6% |
| Lowest weekly close since July 2018 · 20 Jul 2018 | ₹751.55 | +583.3% |
| 52-week high (weekly close) · 16 Oct 2026 | ₹5,461.50 | −6.0% |
| 52-week low (weekly close) · 23 Jan 2026 | ₹3,886.80 | +32.1% |

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.)

## What is the latest news on Fine Organic Industries? 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. ## What dividend does Fine Organic Industries pay? 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

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 31 Jul 2026 | ₹11 | Dividend | same day |
| 25 Jul 2025 | ₹11 | Dividend | 26 Jul 2025 |
| 13 Aug 2024 | ₹10 | Dividend | n/a |
| 14 Aug 2023 | ₹9 | Dividend | n/a |
| 11 Aug 2022 | ₹9 | Dividend | n/a |
| 13 Aug 2021 | ₹11 | Dividend + Special | n/a |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

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.)

## What did Fine Organic Industries management say on the latest results call? 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](https://files.tijorifinance.com/insight/india/32608/Conference Call/CC-May26.pdf). (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.)

## What to watch in Fine Organic Industries' next results? 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. - What to check (from the call)
- 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. - US contractor finalization: Expected within next 1-2 quarters to unlock 18-24 month construction timeline; contractor award and mobilization are critical path items for 18-month commissioning goal credibility and capital spending progression forecasting accuracy. - Malaysia acquisition closure: Expected within 3 months (June 2026 goal) per management; monitor completion, post-close integration plans disclosed, incremental capital spending guidance, and post-close revenue trajectory emergence in H2 FY26 or FY27 earnings. - FY27 raw material price realization: Management guided prices elevated through minimum FY27; track actual input costs (palm oil, other vegetable oils, ammonia) versus guidance, pricing actions taken and realized with customers, and margin sustainability versus 18-20% sustainable range as cost environment tested. ## Which stock lists is Fine Organic Industries on? Fine Organic Industries is on 2 of our India lists: Momentum stocks and Small & mid cap stocks. - [Momentum stocks Market cap cr: 15743.67201426025](https://www.sectoralpha.in/momentum-stocks-india)
- [Small & mid cap stocks Size rank in India: 420](https://www.sectoralpha.in/small-cap-stocks-india)

## Is Fine Organic Industries profitable? 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. 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. ## How much revenue does Fine Organic Industries make, and is it growing? 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. 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). ## How much of every ₹100 of sales does Fine Organic Industries keep? 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. 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. ## Is Fine Organic Industries' profit turning into cash? 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. 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. ## Where does Fine Organic Industries' cash go? 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. 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. ## What is Fine Organic Industries' P/E ratio, and how does it compare with its own history? 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. 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. ## Is the Fine Organic Industries business getting better or worse? 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. Why it matters: when the lines disagree, each line above matters more than any single label. ## How much does Fine Organic Industries earn on its capital? 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). 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. ## Does Fine Organic Industries have too much debt? Fine Organic Industries Ltd has total debt of ₹92.0 Cr against shareholder equity of ₹2,665 Cr as of Jun 2026, so its debt is 0.03× its equity, which is very little. Year by year, that ratio went from 0.06 in FY22 to 0.03 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Fine Organic Industries shareholding pattern? Domestic institutions cut their stake in Fine Organic Industries Ltd by 1.3 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 10.3% of the company. Foreign institutions moved −0.3 points over the same period, to 4.6%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: −1.3 points over 8 quarters, to 10.3%; Foreign institutions: −0.3 points over 8 quarters, to 4.6%; Promoters: +0.0 points over 8 quarters, to 75.0%. Why the owners changed: domestic institutions drove it (−1.3 points). They reduced their stake. ## How far is Fine Organic Industries from balance-sheet trouble? For Fine Organic Industries Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Fine Organic Industries rank in its industry? 56.6 out of 100, rank 7 of 20 in Chemicals - Organic, with 96% of the evidence available. Fine Organic Industries Ltd scores 56.6 out of 100 against the 20 companies it is compared with in Chemicals - Organic, ranking 7. The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. The four parts add up to the total exactly: 13.9 + 17.8 + 15 + 9.9 = 56.6. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Fine Organic Industries compared with? Fine Organic Industries ranks 7 of 20 Chemicals - Organic companies on the 4-Factor Sector Score, with 56.6 out of 100. 1. [Nitta Gelatin India Ltd](https://www.sectoralpha.in/stocks/nitta-gelatin-india-ltd) NITTAGELA · quiet · Most evidence points up · 85% evidence 76.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 30.4/35 · Revenue 15% · Profit 49.4% · Operating margin change 9 points · 100% evidence Capital efficiency 21.3/25 · ROCE 27.7% · Operating margin 28% · 100% evidence Valuation 13.2/20 · P/E 12.1× · PEG 0.95 · 100% evidence Relative strength 12.0/20 · Lead over its industry n/a · Lead over NIFTY 500 35.5% · 1 year n/a · 25% evidence · 5 of 12 weeks ahead Exact sum: 30.4 + 21.3 + 13.2 + 12 = 76.9 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Indo Amines Ltd](https://www.sectoralpha.in/stocks/indo-amines-ltd) INDOAMIN · losing its lead · Most evidence points up · 81% evidence 66.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.8/35 · Revenue 13.3% · Profit 24.2% · Operating margin change 3 points · 88% evidence Capital efficiency 16.8/25 · ROCE 18.9% · Operating margin 14% · 100% evidence Valuation 19.0/20 · P/E 10.6× · PEG 0.32 · 100% evidence Relative strength 9.5/20 · Lead over its industry n/a · Lead over NIFTY 500 2.3% · 1 year -10.4% · 25% evidence · 4 of 12 weeks ahead Exact sum: 20.8 + 16.8 + 19 + 9.5 = 66.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Valiant Organics Ltd](https://www.sectoralpha.in/stocks/valiant-organics-ltd) VALIANTORG · breaking out · Evidence leans up · 78% evidence 61.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.4/35 · Revenue 1.5% · Profit 100% · Operating margin change 6 points · 83% evidence Capital efficiency 9.0/25 · ROCE 5.5% · Operating margin 18% · 76% evidence Valuation 10.9/20 · P/E 23.2× · PEG n/a · 50% evidence Relative strength 19.8/20 · Lead over its industry 24.1% · Lead over NIFTY 500 48.6% · 1 year 39.6% · 100% evidence · 10 of 12 weeks ahead Exact sum: 21.4 + 9 + 10.9 + 19.8 = 61.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [OCCL Ltd](https://www.sectoralpha.in/stocks/occl-ltd) OCCLLTD · breaking out · Too little evidence to rank firmly · 56% evidence 59.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.6/35 · Revenue 40.6% · Profit 100% · Operating margin change 7 points · 83% evidence Capital efficiency 12.3/25 · ROCE 13% · Operating margin 28% · 76% evidence Valuation 11.1/20 · P/E 11× · PEG n/a · 15% evidence Relative strength 12.1/20 · Lead over its industry n/a · Lead over NIFTY 500 45.3% · 1 year n/a · 25% evidence · 12 of 12 weeks ahead Exact sum: 23.6 + 12.3 + 11.1 + 12.1 = 59.1 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 5. [BASF India Ltd](https://www.sectoralpha.in/stocks/basf-india-ltd) BASF · quiet · Evidence leans up · 71% evidence 57.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.8/35 · Revenue 6.5% · Profit 62.4% · Operating margin change 4 points · 88% evidence Capital efficiency 11.7/25 · ROCE 14.5% · Operating margin 10% · 100% evidence Valuation 14.1/20 · P/E 21.4× · PEG n/a · 50% evidence Relative strength 7.7/20 · Lead over its industry n/a · Lead over NIFTY 500 -13% · 1 year -30.9% · 25% evidence · 5 of 12 weeks ahead Exact sum: 23.8 + 11.7 + 14.1 + 7.7 = 57.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Elantas Beck India Ltd](https://www.sectoralpha.in/stocks/elantas-beck-india-ltd) ELANTAS · leader · Evidence leans up · 67% evidence 57.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.7/35 · Revenue 18.7% · Profit 35.5% · Operating margin change 1 points · 95% evidence Capital efficiency 18.1/25 · ROCE 21.2% · Operating margin 23% · 76% evidence Valuation 6.5/20 · P/E 54.1× · PEG n/a · 50% evidence Relative strength 11.8/20 · Lead over its industry n/a · Lead over NIFTY 500 31.9% · 1 year 33.1% · 25% evidence · 12 of 12 weeks ahead Exact sum: 20.7 + 18.1 + 6.5 + 11.8 = 57.1 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 7. Fine Organic Industries Ltd this page FINEORG · leader · Evidence leans up · 96% evidence 56.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.9/35 · Revenue 7.1% · Profit 5.8% · Operating margin change 4 points · 88% evidence Capital efficiency 17.8/25 · ROCE 21.5% · Operating margin 25% · 100% evidence Valuation 15.0/20 · P/E 35.3× · PEG 0.58 · 100% evidence Relative strength 9.9/20 · Lead over its industry -7.6% · Lead over NIFTY 500 12.4% · 1 year 13.8% · 100% evidence · 9 of 12 weeks ahead Exact sum: 13.9 + 17.8 + 15 + 9.9 = 56.6 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 8. [Laxmi Organic Industries Ltd](https://www.sectoralpha.in/stocks/laxmi-organic-industries-ltd) LXCHEM · quiet · Evidence leans up · 81% evidence 54.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.1/35 · Revenue 5.5% · Profit 26% · Operating margin change 7.6 points · 88% evidence Capital efficiency 10.8/25 · ROCE 4.7% · Operating margin 12% · 100% evidence Valuation 13.1/20 · P/E 33.8× · PEG 1.14 · 100% evidence Relative strength 9.2/20 · Lead over its industry n/a · Lead over NIFTY 500 1.8% · 1 year -22% · 25% evidence · 10 of 12 weeks ahead Exact sum: 21.1 + 10.8 + 13.1 + 9.2 = 54.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Balaji Amines Ltd](https://www.sectoralpha.in/stocks/balaji-amines-ltd) BALAMINES · quiet · Evidence leans up · 78% evidence 53.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.2/35 · Revenue 11.1% · Profit 41.6% · Operating margin change 10 points · 83% evidence Capital efficiency 13.1/25 · ROCE 11% · Operating margin 25% · 76% evidence Valuation 9.1/20 · P/E 28× · PEG n/a · 50% evidence Relative strength 8.2/20 · Lead over its industry -2.5% · Lead over NIFTY 500 15.2% · 1 year 25.3% · 100% evidence · 6 of 12 weeks ahead Exact sum: 23.2 + 13.1 + 9.1 + 8.2 = 53.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Fairchem Organics Ltd](https://www.sectoralpha.in/stocks/fairchem-organics-ltd) FAIRCHEMOR · quiet · Evidence leans up · 100% evidence 53.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 30.3/35 · Revenue 17.1% · Profit 100% · Operating margin change 6.2 points · 100% evidence Capital efficiency 7.0/25 · ROCE 3.3% · Operating margin 10% · 100% evidence Valuation 13.0/20 · P/E 32.7× · PEG 0.84 · 100% evidence Relative strength 3.0/20 · Lead over its industry -15.4% · Lead over NIFTY 500 3.2% · 1 year -15.9% · 100% evidence · 9 of 12 weeks ahead Exact sum: 30.3 + 7 + 13 + 3 = 53.3 · What this means: Earnings are strong; relative strength in its sector is -15.4% and the one-year return is -15.9%. 11. [Sigachi Industries Ltd](https://www.sectoralpha.in/stocks/sigachi-industries-ltd) SIGACHI · breaking out · Evidence leans down · 100% evidence 49.4 out of 100 Growth Capital Valuation Relative
12. [GFL Ltd](https://www.sectoralpha.in/stocks/gfl-ltd) GFLLIMITED · breaking out · Evidence leans down · 71% evidence 48.6 out of 100 Growth Capital Valuation Relative
13. [Jyoti Resins and Adhesives Ltd](https://www.sectoralpha.in/stocks/jyoti-resins-and-adhesives-ltd) JYOTIRES · basing · Evidence leans down · 74% evidence 43.7 out of 100 Growth Capital Valuation Relative
14. [Foseco India Ltd](https://www.sectoralpha.in/stocks/foseco-india-ltd) FOSECOIND · leader · Evidence leans down · 81% evidence 41.1 out of 100 Growth Capital Valuation Relative
15. [Shree Ganesh Remedies Ltd](https://www.sectoralpha.in/stocks/shree-ganesh-remedies-ltd) SGRL · breaking out · Evidence leans down · 85% evidence 40.3 out of 100 Growth Capital Valuation Relative
16. [Oriental Aromatics Ltd](https://www.sectoralpha.in/stocks/oriental-aromatics-ltd) OAL · leader · Evidence leans down · 74% evidence 36.5 out of 100 Growth Capital Valuation Relative
17. [Gem Aromatics Ltd](https://www.sectoralpha.in/stocks/gem-aromatics-ltd) GEMAROMA · quiet · Too little evidence to rank firmly · 51% evidence 32.2 out of 100 Growth Capital Valuation Relative
18. [Sacheerome Ltd](https://www.sectoralpha.in/stocks/sacheerome-ltd) SACHEEROME · losing its lead · Too little evidence to rank firmly · 36% evidence 58.1 out of 100 Growth Capital Valuation Relative
19. [Shri Ahimsa Naturals Ltd](https://www.sectoralpha.in/stocks/shri-ahimsa-naturals-ltd) SHRIAHIMSA · leader · Too little evidence to rank firmly · 47% evidence 56.8 out of 100 Growth Capital Valuation Relative
20. [Citurgia Biochemicals Ltd](https://www.sectoralpha.in/stocks/citurgia-biochemicals-ltd) CITURGIA · Too little evidence to rank firmly · 25% evidence 34.3 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Chemicals - Organic](https://www.sectoralpha.in/sectors/chemicals-organic), all 20 compared on one page. ## Which companies are close to Fine Organic Industries in size? Fine Organic Industries is the largest of 20 Chemicals - Organic companies on Sector Alpha by market value (scores of 30 October 2026). It is the largest. Just below it: BASF India, Elantas Beck India, Balaji Amines, Foseco India, Laxmi Organic Industries and Oriental Aromatics. ### Chemicals - Organic companies close in size

1. Fine Organic Industries Ltd ₹15,480 crore
2. [BASF India Ltd](https://www.sectoralpha.in/stocks/basf-india-ltd) ₹13,198 crore
3. [Elantas Beck India Ltd](https://www.sectoralpha.in/stocks/elantas-beck-india-ltd) ₹6,417 crore
4. [Balaji Amines Ltd](https://www.sectoralpha.in/stocks/balaji-amines-ltd) ₹5,721 crore
5. [Foseco India Ltd](https://www.sectoralpha.in/stocks/foseco-india-ltd) ₹4,419 crore
6. [Laxmi Organic Industries Ltd](https://www.sectoralpha.in/stocks/laxmi-organic-industries-ltd) ₹4,245 crore
7. [Oriental Aromatics Ltd](https://www.sectoralpha.in/stocks/oriental-aromatics-ltd) ₹1,916 crore

[All 20 Chemicals - Organic companies, largest first](https://www.sectoralpha.in/sectors/chemicals-organic#all-companies)

### Companies close in size in other industries

1. [Alembic Pharmaceuticals Ltd](https://www.sectoralpha.in/stocks/alembic-pharmaceuticals-ltd) ₹15,683 crore · Pharma - Formulators
2. [Sarda Energy & Minerals Ltd](https://www.sectoralpha.in/stocks/sarda-energy-minerals-ltd) ₹15,535 crore · Mining/Minerals - Iron Ore
3. Fine Organic Industries Ltd ₹15,480 crore
4. [Natco Pharma Ltd](https://www.sectoralpha.in/stocks/natco-pharma-ltd) ₹15,348 crore · Pharma - Formulators
5. [PG Electroplast Ltd](https://www.sectoralpha.in/stocks/pg-electroplast-ltd) ₹15,200 crore · Consumer Electronics - EMS

## What else do people ask about Fine Organic Industries? ### What is Fine Organic Industries's share price today? Fine Organic Industries Ltd's share price is ₹5,135.00, +18.0% over the past year. The whole company is worth ₹15,744 Cr on the market. In the last 52 weeks it traded between ₹3,887 to ₹5,462; today it is 79% of the way up from the low, 4.4% above its 200-day average (as of 4 November 2026). ### What were Fine Organic Industries's latest quarterly results? Fine Organic Industries Ltd reported revenue of ₹694 Cr and net profit of ₹138 Cr for the Jun 2026 quarter. Revenue rose 18.0% and profit rose 17.9% compared with a year earlier. Earnings per share were ₹45.06. The operating margin was 25.0%, 4.0 percentage points higher than a year earlier (as of 4 November 2026). ### What is Fine Organic Industries's market cap? Fine Organic Industries Ltd's market capitalisation is ₹15,744 Cr at a share price of ₹5,135.00. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is Fine Organic Industries performing? Fine Organic Industries Ltd's share price has been rising for 24 weeks. In its latest quarter, revenue rose 18.0% and profit rose 17.9% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 8 weeks running (as of 4 November 2026). ### Will Fine Organic Industries's share price go up? This page does not forecast Fine Organic Industries Ltd's share price. What it shows instead: the share price is ₹5,135.00, and it has been rising for 24 weeks. Its P/E of 35.9× is higher than 48% of its own last 8 years (as of 4 November 2026). ### Who owns Fine Organic Industries? Promoters own 75.0% of Fine Organic Industries Ltd, foreign institutions 4.6%, domestic institutions 10.3% and the public 10.2% (latest quarter). The biggest change over the last two years: Domestic institutions cut their stake by 1.3 percentage points over 8 quarters (as of 4 November 2026). ### Does Fine Organic Industries have too much debt? No, Fine Organic Industries Ltd has little debt: its debt is 0.03× its equity, and its operating profit is more than 100 times its interest bill. FY26 borrowings were ₹68.0 Cr against equity of ₹2,664 Cr. So the returns on this page come from the business, not borrowed money (as of 4 November 2026). ### Where is Fine Organic Industries in its business cycle? Fine Organic Industries Ltd's FY26 operating margin was 20.0%, against a 11-year range of 17.0% to 27.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 25.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the Fine Organic Industries story? Biggest thing to watch: the price has already been rising for 24 weeks, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is Fine Organic Industries a stock worth studying right now? What the numbers show: Fine Organic Industries Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). ### Is there a Fine Organic Industries share price forecast for 2026? What management itself 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. ## Lists

- Momentum stocks: https://www.sectoralpha.in/momentum-stocks-india
- Small & mid cap stocks: https://www.sectoralpha.in/small-cap-stocks-india

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