1. Is Fine Organic Industries Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that Fine Organic Industries Ltd is a good quality company.
2. Is Fine Organic Industries Ltd undervalued or overvalued?
The key valuation ratios of Fine Organic Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
3. Is Fine Organic Industries Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Fine Organic Industries Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||13.3%||27%||21.8%||23.5%||21.9%||21.4%||24.2%||23.6%||15.1%||26.7%||-|
|Value Creation Index ⓘ||0.2||1.4||0.9||1.1||0.9||0.5||0.7||0.8||0.1||1.0||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||14.3%||8.4%||7.3%||18.1%||9.8%||23.9%||-2.1%||9.2%||65.6%||-|
|Adj EPS ⓘ||41.8||118.3||116.9||146.5||26.3||27.8||41.2||51.1||37.1||78.9||125.1|
|YoY Gr. Rt. %||-||183.1%||-1.2%||25.4%||-82.1%||5.8%||47.9%||24.1%||-27.3%||112.6%||-|
|BVPS (₹) ⓘ||202||329.8||401||526.2||0||129||163.2||201.9||238.6||312.9||365.1|
|Adj Net Profit ⓘ||20.2||57.1||56.5||70.8||76.3||85.4||126||157||114||242||383|
|Cash Flow from Ops. ⓘ||48.9||2.1||79.6||114||45.1||65.1||98.4||219||134||67||-|
|Debt/CF from Ops. ⓘ||2.2||53.8||1.3||0.9||0.9||0.8||1.3||0.6||0.7||0.9||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||7.3%||24.6%||24.2%||112.6%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||20.7||44.5||32||31.6||26.2||23.6||28.2||28||16.9||28.6||36.9|
|Op. Profit Mgn % ⓘ||10.3||19.2||18.5||22.1||18.6||18.6||22||23.2||17.6||19.5||23.3|
|Net Profit Mgn % ⓘ||4.1||10.1||9.2||10.7||9.8||10||12.2||15.6||10.2||13||16.9|
|Debt to Equity ⓘ||1.1||0.7||0.5||0.4||0.1||0.1||0.3||0.2||0.1||0.1||-|
|Working Cap Days ⓘ||0||125||135||127||124||146||134||137||129||110||0|
|Cash Conv. Cycle ⓘ||0||36||41||47||49||57||55||59||53||50||0|
Return on Equity has increased versus last 3 years average to 36.90%
Sales growth is growing at healthy rate in last 3 years 20.95%
Net Profit is growing at healthy rate in last 3 years 24.20%
Sales growth is good in last 4 quarters at 79.19%
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|TTM EPS (₹)||121.7||125.1|
|TTM Sales (₹ Cr.)||2,251||2,266|
|BVPS (₹.) ⓘ||363.9||365.1|
|Reserves (₹ Cr.) ⓘ||1,100||1,104|
|From the Market|
|52 Week Low / High (₹)||2986.05 / 7326.45|
|All Time Low / High (₹)||735.20 / 7326.45|
|Market Cap (₹ Cr.)||21,722|
|Equity (₹ Cr.)||15.3|
|Face Value (₹)||5|
|Industry PE ⓘ||37.3|
The company was incorporated as 'Fine Organic Industries (Mumbai) Private Limited' on May 24, 2002 in the state of Maharashtra at Mumbai as a private limited company under the Companies Act, 1956, as amended. Thereafter, the name of company was changed to 'Fine Organic Industries Private Limited' and a fresh certificate of incorporation consequent upon change of name dated February 16, 2009 was issued by the Registrar of Companies, Maharashtra situated at Mumbai (RoC). Subsequently, the company was converted into a public limited company, the word 'private' was struck off from the name of company and consequently, a fresh certificate of incorporation dated November 2, 2017 was issued by the RoC recording the change of company's name to 'Fine Organic Industries Limited'.
Fine Organic Industries is the largest manufacturer of oleochemical-based additives in India and a strong player globally in this industry. It had a vast range of different products sold under the 'Fine Organics' brand. It is the first company to introduce slip additives in India and is the largest producer of slip additives in the world. The company’s success is the result of sustained efforts over the decades in all areas of its business, such as product innovation, process technology improvements, increases in scale, improved raw material procurement and focus on cultural understanding of consumers.
The company’s direct customers are multinational, regional and local players manufacturing consumer products and petrochemical companies and polymer producers globally. Its plastics additives and specialty additives are also used in the packaging of foods and other fast moving consumer goods. It has a dedicated research and development (R&D) centre located in Mahape, Navi Mumbai. Its R&D activities are focused on improving production processes, improving the quality of present products, creating new additives and creating downstream products. It has developed in-house process design expertise to construct its production facilities. This gives it scale advantages by enabling the timely expansion of its capacity in response to market needs and reduces capital expenditure costs for expansions significantly compared to other players.
Business area of the company
The company produces a wide range of specialty plant derived oleochemical -based additives used in food, plastic, cosmetics, paint, ink, coatings and other specialty application in various industries.
Awards and Recognitions
Major Events and Milestones