Fine Organic Industries

FINEORG · NSE

— · —

₹4,816.5

Closing price — 31 Jul 2026

Market cap ₹14,787 Cr · EPS ₹53.74

Valuation

Blended fair value using DCF and peer comparison methods.

Intrinsic Value

₹3,711

-23.0% vs ₹4,817

Overvalued

UndervaluedFair valueOvervalued

DCF

₹1,663

Peer methods

₹5,758

Intrinsic value

₹3,711

DCF discounts future cash flows to present value. Peer methods compare against sector multiples. Averaging both reduces the limitations of each method alone.

The intrinsic value shown is an algorithmic estimate based on publicly available financial data — including DCF analysis, peer comparison, and historical financials. It is not a research report, investment advice, or a recommendation to buy, sell, or hold any security. Stock valuations involve uncertainty and may differ significantly from market prices. Please consult a SEBI-registered investment adviser before making any investment decision.

Peer comparison

How this company stacks up against sector peers on valuation and quality metrics.

Chemicals · 8 peers · sector medians shown

Better than medianWorse than median

Company	Mkt Cap	P/E	P/B	EV/EBITDA	ROE	Net Margin	Rev CAGR 3y
Fine Organic Industries FINEORG · you	₹14,787 Cr	35.9×	5.6×	—	15.7%	17.6%	-7.8%
Sector median	—	42.4×	6.8×	33.5×	14.2%	16.4%	0.4%
Linde India LINDEINDIA	₹58,490 Cr	106.7×	13.7×	64.3×	12.9%	21.7%	-6.9%
Fertilisers and Chemicals Travancore FACT	₹58,391 Cr	—	43.2×	843.8×	-2.9%	-0.7%	-2.6%
Coromandel International COROMANDEL	₹53,359 Cr	27.3×	4.2×	17.0×	15.6%	6.2%	2.0%
PI Industries PIIND	₹43,467 Cr	32.9×	3.9×	24.2×	11.8%	19.7%	1.1%
Navin Fluorine International NAVINFLUOR	₹35,059 Cr	52.3×	8.8×	33.5×	16.7%	20.0%	16.8%
Himadri Speciality Chemical HSCL	₹34,271 Cr	45.3×	7.3×	34.1×	16.0%	16.1%	3.8%
Sumitomo Chemical India SUMICHEM	₹23,021 Cr	42.4×	6.8×	35.2×	16.0%	16.8%	-2.7%
Deepak Nitrite DEEPAKNTR	₹22,820 Cr	41.3×	3.9×	24.7×	9.4%	7.0%	-0.4%

Peer comparison verdict

Fine trades at a discount to sector peers on P/E (35.9× vs median 42.4×). This may signal undervaluation — or reflect lower expected growth or higher perceived risk versus the peer group.

Business quality

Valuation

P/E ratio

35.9×

P/B ratio

—

EV/EBITDA

—

Price/Sales

—

Returns

ROE

15.7%

ROCE

15.9%

ROA

—

Growth

Revenue CAGR (3yr)

-7.8%

EPS CAGR (3yr)

-12.3%

Efficiency

Asset turnover

—

FCF yield

1.9%

Dividend yield

0.2%

Liquidity & Solvency

Debt / Equity

0.02×

Debt / EBITDA

—

Interest coverage

59.6×

Current ratio

8.49×

Quick ratio

—

Financial health

Piotroski F-Score, Altman Z-Score, and key solvency ratios.

Full financial data

Charts and annual statements for income, balance sheet and cash flow.

Income trend

Revenue, profit and margin trends over time.

Revenue

Net profit

Operating margin

Net margin

Revenue

₹2,366 Cr

Net profit

₹417 Cr

Operating margin

—

Net margin

17.6%

Revenue and net profit in ₹ Crores (left axis). Margins % on right axis.

Cash flow

Where cash comes from and where it goes.

Operating CFInvesting CFFinancing CFFree cash flow

Operating CF — Cash earned from running the business. The core engine of financial health.

Investing CF — Cash spent on assets and equipment. Negative is normal — it means the company is investing in growth.

Financing CF — Cash from borrowing or repaying loans and dividends. Negative means debt is being repaid.

Free cash flow — Operating CF minus capex. Cash left after keeping the business running. Positive and growing is ideal.

Operating CF

₹429.6 Cr

Investing CF

₹0 Cr

Financing CF

₹0 Cr

Free cash flow

₹287.59 Cr

Balance sheet

Assets show what the company owns. Liabilities show what it owes. Equity is what's left for shareholders.

How the company is funded — equity is owners' money, debt is long-term borrowing, current liabilities are short-term obligations.

Equity

Debt

Current liabilities

Total assets

—

Total debt

₹45 Cr

Equity

₹2,665 Cr

Debt / Equity

0.02×

Numbers are illustrative — order-of-magnitude correct. For precise figures, refer to the company's annual report on BSE/NSE.

Shareholding pattern

Who owns this company and how that has changed.

What shareholding tells you: When promoters (founders/controlling shareholders) increase their stake, it usually signals confidence in the business. Rising FII (foreign funds) interest means international money is moving in. High promoter pledge is a risk — pledged shares can be force-sold if the stock price falls sharply.

Latest quarter

Promoter

75.0%

FII

4.4%

-0.0 pp QoQ

DII

11.7%

-0.1 pp QoQ

Retail

9.0%

Trend over time (%)

Quarterly data

Category	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Change (YoY)
Promoter	75.0%	75.0%	75.0%	75.0%	75.0%	75.0%	75.0%	75.0%	75.0%	75.0%	75.0%	75.0%	0.0 ppYoY
FII (Foreign)	3.8%	3.8%	3.6%	4.5%	4.9%	4.9%	5.2%	4.7%	4.8%	4.6%	4.4%	4.4%	-0.3 ppYoY
DII (Domestic)	12.2%	12.2%	11.8%	10.8%	11.1%	11.6%	11.5%	12.0%	11.9%	12.0%	11.8%	11.7%	-0.4 ppYoY
Retail	9.0%	9.1%	9.6%	9.8%	8.9%	8.6%	8.3%	8.3%	8.3%	8.4%	8.8%	9.0%	+0.7 ppYoY

Signals from the trend

➡️

PromoterStable — no notable buying or selling

📈

FIINet buyers (+0.6pp) — foreign institutional interest is growing

📉

DIINet sellers (0.6pp) — domestic funds are reducing

Overall positive — FII buying suggest growing conviction in the business.

pp = percentage points. FII = Foreign Institutional Investors. DII = Domestic Institutional Investors (MFs, insurance). Data sourced from NSE/BSE filings. Verify on BSE/NSE before any investment decision.