Fine Organic Industries Limited

NSEI:FINEORG Stock Report

Market Cap: ₹143.4b

Fine Organic Industries Future Growth

Future criteria checks 2/6

Fine Organic Industries is forecast to grow earnings and revenue by 10.7% and 12.6% per annum respectively. EPS is expected to grow by 10.7% per annum. Return on equity is forecast to be 15.4% in 3 years.

Key information

10.7%

Earnings growth rate

10.71%

EPS growth rate

Chemicals earnings growth18.4%
Revenue growth rate12.6%
Future return on equity15.37%
Analyst coverage

Good

Last updated04 Jun 2026

Recent future growth updates

Analysis Article May 23

Fine Organic Industries Limited (NSE:FINEORG) Beat Earnings, And Analysts Have Been Reviewing Their Forecasts

Fine Organic Industries Limited ( NSE:FINEORG ) just released its full-year report and things are looking bullish. The...
Analysis Article Nov 13

Fine Organic Industries Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Last week, you might have seen that Fine Organic Industries Limited ( NSE:FINEORG ) released its second-quarter result...
Analysis Article Aug 03

Fine Organic Industries Limited (NSE:FINEORG) Just Released Its First-Quarter Earnings: Here's What Analysts Think

Investors in Fine Organic Industries Limited ( NSE:FINEORG ) had a good week, as its shares rose 5.2% to close at...

Recent updates

New Narrative Jun 05

Capacity Expansions And Green Chemistry Focus Will Support Long Term Earnings Quality

Catalysts About Fine Organic Industries Fine Organic Industries is a specialty additives manufacturer supplying food, plastics, polymers, feed nutrition, personal care, coatings, inks, rubber and other industrial applications to customers across global markets. What are the underlying business or industry changes driving this perspective?
Analysis Article May 23

Fine Organic Industries Limited (NSE:FINEORG) Beat Earnings, And Analysts Have Been Reviewing Their Forecasts

Fine Organic Industries Limited ( NSE:FINEORG ) just released its full-year report and things are looking bullish. The...
New Narrative May 22

Capacity Additions And Cost Pressures Will Challenge Future Specialty Additives Expansion

Catalysts About Fine Organic Industries Fine Organic Industries produces specialty additives used across food, plastics, polymers, feed nutrition, personal care, coatings, inks, rubber and other industrial applications. What are the underlying business or industry changes driving this perspective?
Analysis Article Jan 21

Fine Organic Industries (NSE:FINEORG) Is Reinvesting At Lower Rates Of Return

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
Analysis Article Sep 04

Some Confidence Is Lacking In Fine Organic Industries Limited's (NSE:FINEORG) P/E

Fine Organic Industries Limited's ( NSE:FINEORG ) price-to-earnings (or "P/E") ratio of 36x might make it look like a...
Narrative Update Aug 15

Maharashtra SEZ And US Facility Expansions Will Unlock Sustainable Exports

The upward revision in Fine Organic Industries’ price target is primarily driven by stronger consensus revenue growth forecasts and a slight decline in future P/E, resulting in an increased fair value estimate from ₹4,853 to ₹5,096. What's in the News Board meeting scheduled to consider and approve un-audited standalone and consolidated financial results for the quarter ended June 30, 2025.
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New Narrative Jul 29

Maharashtra SEZ And US Facility Expansions Will Unlock Sustainable Exports

Expansion into new geographies and sustainable production enhances export potential and operational efficiency, positioning the company to capture long-term global demand shifts.
Analysis Article Jul 11

Fine Organic Industries (NSE:FINEORG) May Have Issues Allocating Its Capital

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...
Analysis Article May 16

Fine Organic Industries (NSE:FINEORG) Strong Profits May Be Masking Some Underlying Issues

Fine Organic Industries Limited's ( NSE:FINEORG ) robust recent earnings didn't do much to move the stock. However the...
Analysis Article Mar 02

Some Investors May Be Worried About Fine Organic Industries' (NSE:FINEORG) Returns On Capital

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...
Analysis Article Nov 13

Fine Organic Industries Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Last week, you might have seen that Fine Organic Industries Limited ( NSE:FINEORG ) released its second-quarter result...
Analysis Article Aug 27

Fine Organic Industries Limited's (NSE:FINEORG) Price Is Out Of Tune With Earnings

When close to half the companies in India have price-to-earnings ratios (or "P/E's") below 34x, you may consider Fine...
Analysis Article Aug 03

Fine Organic Industries Limited (NSE:FINEORG) Just Released Its First-Quarter Earnings: Here's What Analysts Think

Investors in Fine Organic Industries Limited ( NSE:FINEORG ) had a good week, as its shares rose 5.2% to close at...
Analysis Article Jul 23

Fine Organic Industries (NSE:FINEORG) Is Increasing Its Dividend To ₹10.00

Fine Organic Industries Limited's ( NSE:FINEORG ) dividend will be increasing from last year's payment of the same...
Analysis Article Jun 28

Fine Organic Industries (NSE:FINEORG) Will Pay A Larger Dividend Than Last Year At ₹10.00

The board of Fine Organic Industries Limited ( NSE:FINEORG ) has announced that it will be paying its dividend of...
Analysis Article May 21

Fine Organic Industries' (NSE:FINEORG) Soft Earnings Are Actually Better Than They Appear

The market for Fine Organic Industries Limited's ( NSE:FINEORG ) shares didn't move much after it posted weak earnings...
Analysis Article Apr 25

What Fine Organic Industries Limited's (NSE:FINEORG) P/E Is Not Telling You

It's not a stretch to say that Fine Organic Industries Limited's ( NSE:FINEORG ) price-to-earnings (or "P/E") ratio of...
Analysis Article Jan 17

Here's What Fine Organic Industries' (NSE:FINEORG) Strong Returns On Capital Mean

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Dec 27

Subdued Growth No Barrier To Fine Organic Industries Limited's (NSE:FINEORG) Price

When close to half the companies in India have price-to-earnings ratios (or "P/E's") below 29x, you may consider Fine...
Analysis Article Sep 29

Fine Organic Industries (NSE:FINEORG) Might Become A Compounding Machine

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...
Analysis Article Aug 06

Fine Organic Industries (NSE:FINEORG) Will Pay A Dividend Of ₹9.00

Fine Organic Industries Limited ( NSE:FINEORG ) will pay a dividend of ₹9.00 on the 23rd of September. Including this...
Analysis Article Jul 31

The Fine Organic Industries Limited (NSE:FINEORG) Analysts Have Been Trimming Their Sales Forecasts

The latest analyst coverage could presage a bad day for Fine Organic Industries Limited ( NSE:FINEORG ), with the...
Analysis Article Jul 23

Fine Organic Industries' (NSE:FINEORG) Dividend Will Be ₹9.00

Fine Organic Industries Limited ( NSE:FINEORG ) will pay a dividend of ₹9.00 on the 23rd of September. Including this...
Analysis Article Jul 11

Does Fine Organic Industries (NSE:FINEORG) Deserve A Spot On Your Watchlist?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article May 30

Fine Organic Industries' (NSE:FINEORG) Dividend Will Be ₹9.00

Fine Organic Industries Limited ( NSE:FINEORG ) will pay a dividend of ₹9.00 on the 23rd of September. Including this...
Analysis Article Feb 22

If EPS Growth Is Important To You, Fine Organic Industries (NSE:FINEORG) Presents An Opportunity

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Feb 04

Fine Organic Industries (NSE:FINEORG) Seems To Use Debt Quite Sensibly

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Oct 29

Does Fine Organic Industries (NSE:FINEORG) Deserve A Spot On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Oct 11

We Think Fine Organic Industries (NSE:FINEORG) Might Have The DNA Of A Multi-Bagger

What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
Analysis Article Aug 18

Rainbows and Unicorns: Fine Organic Industries Limited (NSE:FINEORG) Analysts Just Became A Lot More Optimistic

Shareholders in Fine Organic Industries Limited ( NSE:FINEORG ) may be thrilled to learn that the analysts have just...
Analysis Article Jul 23

Does Fine Organic Industries (NSE:FINEORG) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jun 21

Capital Investments At Fine Organic Industries (NSE:FINEORG) Point To A Promising Future

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...
Analysis Article Jun 04

I Ran A Stock Scan For Earnings Growth And Fine Organic Industries (NSE:FINEORG) Passed With Ease

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

Earnings and Revenue Growth Forecasts

NSEI:FINEORG - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/202935,2855,7852,8204,5733
3/31/202828,3714,6162,8644,75211
3/31/202725,2694,1719734,38611
3/31/202623,6584,1712,8764,296N/A
12/31/202523,4733,967N/AN/AN/A
9/30/202523,0934,0551,8542,478N/A
6/30/202523,0784,143N/AN/AN/A
3/31/202522,6914,1057642,040N/A
12/31/202422,0564,279N/AN/AN/A
9/30/202421,8084,3952,7754,263N/A
6/30/202421,2554,254N/AN/AN/A
3/31/202421,2304,1195,4816,345N/A
12/31/202321,7274,468N/AN/AN/A
9/30/202324,4384,5887,0788,075N/A
6/30/202328,2255,581N/AN/AN/A
3/31/202330,2316,1814,0424,853N/A
12/31/202230,4335,905N/AN/AN/A
9/30/202227,4725,363264812N/A
6/30/202222,6643,835N/AN/AN/A
3/31/202218,7632,59660666N/A
12/31/202115,8231,695N/AN/AN/A
9/30/202114,1821,463256806N/A
6/30/202112,5081,276N/AN/AN/A
3/31/202111,3321,2038781,343N/A
12/31/202010,5761,229N/AN/AN/A
9/30/202010,2451,3001,0801,510N/A
6/30/202010,2751,558N/AN/AN/A
3/31/202010,3811,6481,4612,190N/A
12/31/201910,7511,571N/AN/AN/A
9/30/201910,7171,528N/A1,372N/A
6/30/201910,5431,348N/AN/AN/A
3/31/201910,6031,362N/A984N/A
12/31/201810,4141,440N/AN/AN/A
3/31/20188,558953N/A651N/A
3/31/20177,792779N/A451N/A
3/31/20166,525765N/A1,091N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: FINEORG's forecast earnings growth (10.7% per year) is above the savings rate (6.9%).

Earnings vs Market: FINEORG's earnings (10.7% per year) are forecast to grow slower than the Indian market (16.1% per year).

High Growth Earnings: FINEORG's earnings are forecast to grow, but not significantly.

Revenue vs Market: FINEORG's revenue (12.6% per year) is forecast to grow faster than the Indian market (10.8% per year).

High Growth Revenue: FINEORG's revenue (12.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FINEORG's Return on Equity is forecast to be low in 3 years time (15.4%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/11 03:38
End of Day Share Price 2026/06/11 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Fine Organic Industries Limited is covered by 17 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAnand Rathi Shares and Stock Brokers Limited
Nav BhardwajAnand Rathi Shares and Stock Brokers Limited
Himanshu BinaniAnand Rathi Shares and Stock Brokers Limited