Fine Organic Share Price

Fine Organic Industries Limited engages in manufacture, processing, supply, distribution, dealing, import, and export of oleochemical-based additives in India and internationally. The company offers food additives, such as emulsifiers, antifungal agents, bakery products, starch complexity agents, viscosity modifiers, anti-blooming agents, anti-splattering agents, anti-crystallisers, and nutritional enhancers. Fine Organics share priceon the NSE and BSE reflects how marketparticipants respond to a company’s performance and broader business developments within its industry. It captures the sentiment of the investors based on financial results, operational updates, macroeconomic factors, and trends specific to sectors. Movements in the Fine Organics share price͏ reveal how the marketevaluates the company’s current position and its future prospects, making ͏it a key indicator of marketperception across various industries.

Fine Organics stock price is influenced by various factors such as raw material costs, global demand for oleochemicals, export trends, and capacity utilization. In the long run, strategies like product innovation, expansion into new geographies, and efficiency in manufacturing affect stock marketsentiments. All these factors must be closely monitored to have an idea about the Fine Organics stock price movements.

Fine Organics share priceprovides real-time information about the last price traded, bid price, ask price, and volume traded. These indicators represent trading activity and liquidity and the reaction of investors to corporate announcements, quarterly results, and sector news. Constant ͏monitoring of Fine Organics live price helps observe short-term price fluctuations and understand how the stock is moving in relation to the broader market.

Furthermore, monitoring the Fine Organics share͏ price today helps investors understand real-time marketsentiment, price volatility, and trading behaviour. It allows marketparticipants to evaluate short-term performance, identifypossible entry or exit points, and respond to news, quarterly results or sector trends that may affect the company’s valuation and overall investment outlook.

Fine Organic Industries Limited Company Fundamentals

A. Fine Organics Industries Limited Company Background

Fine Organic Industries Limited is an Indian specialty chemical manufacturer engaged in the production of oleochemical-based additives used across industries such as food, plastics, and personal care. Established in 1970, the company began operations in Dombivli and later expanded manufacturing facilities in Ambernath and Badlapur to support growing demand. It specializes in additives derived from natural fats and oils, catering to global markets with applications in food processing, polymer modification, and surfactants. Over the years, the company has strengthened its research and development capabilities and expanded its global footprint through strategic partnerships and capacity expansions. It operates multiple manufacturing facilities in India and serves customers across Asia, Europe, and the Americas. The company emphasizes quality control and innovation in specialty chemical solutions, contributing to its presence in the global additives industry while maintaining compliance with regulatory standards and environmental considerations.

B. Fine Organics Industries Limited Company Product Lines

• Specialty additives for food applications, including anti-caking agents and emulsifiers

• Additives for plastics and polymers aimed at improving processing and performance

• Surfactants and specialty chemicals used in personal care and industrial applications

• Natural-based additives derived from oleochemicals for diverse industrial uses

• Customized additive solutions tailored to customer requirements

C. Fine Organics Industries Limited Company Revenue Model

• Revenue generated through the sale of specialty chemical additives to industrial clients

• Domestic and international sales across food, plastics, and chemical industries

• Long-term supply contracts with manufacturers and distributors

• Product diversification to cater to multiple industry verticals

• Research-driven product innovation contributing to market competitiveness

D. Fine Organics Industries Limited Geographic Presence

• Manufacturing facilities located in India, including Ambernath, Badlapur, and Patalganga

• Global sales network serving markets in Asia, Europe, North America, and the Middle East

• Export operations contributing significantly to revenue generation

• Strategic expansion initiatives to enhance international market presence

• Supply chain and distribution networks supporting global customer requirements

E. Fine Organics Industries Limited Leadership 

Some of the key leaders of Fine Organic Industries Limited as of February 2026 are:

• Mukesh Shah – Chairman & Executive Director

• Jayen Shah – Managing Director & Executive Director

• Tushar Shah – Executive Director, CEO

• Bimal Shah – Whole Time Director

• Nikhil Kamat – Executive Director

• Sonali Bhadani – Chief Financial Officer

• Pooja Lohor – Company Secretary & Compliance Officer

F. Fine Organics Industries Limited Key Milestones

• 1970: Established as a partnership firm and commenced production of food additives

• 1970s: Commissioned second manufacturing facility in Ambernath

• 2001–2005: Expanded capacity and incorporated the company as a private limited entity; established R&D center

• 2006–2015: Expanded manufacturing facilities and formed strategic partnerships

• 2016–2021: Listed on stock exchanges and commissioned new production plants

• 2022–2025: Established subsidiaries and strategic expansion initiatives

• 2025–2026: Expanded international presence through new subsidiaries and facility planning

G. Industry Perspective

The company operates within the global specialty chemicals and oleochemicals industry, a segment of the broader chemical sector that focuses on high-value, application-specific chemicals used across end-use markets such as plastics, food additives, personal care, coatings, and industrial formulations. The global specialty chemicals market continues to show steady expansion, with multiple research reports projecting compound annual growth rates (CAGR) in the range of approximately 4–6% over the next decade, driven by rising demand for performance additives, bio-based chemicals, and sustainable formulations. For example, one analysis estimates the specialty chemicals market size globally at over USD 978 billion in 2024, with projections reaching more than USD 1.3 trillion by 2030 at a ~5% CAGR. Another forecast places the broader specialty chemicals market increasing from around USD 757.9 billion in 2025 to roughly USD 1,167 billion by 2034 at a ~4.9% CAGR. Within this sector, the oleochemicals segment—which produces natural fat- and oil-derived intermediates used in additives—was valued at about USD 24.4 billion in 2023 and is expected to grow to nearly USD 39.4 billion by 2030 at a ~7% CAGR, highlighting strong growth prospects for bio-based specialty materials. These trends reflect sustained demand from industrial and consumer applications worldwide

Fine Organic Industries Limited Stock Market Presence: Listings & Index Representation

Fine Organic Industries Limited listed on the BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) on June 20, 2018, following its initial public offering.

Fine Organic Industries Limited is a well-established entity in the Indian stock market, listed on major exchanges such as NSE (FINEORG) and BSE (541557). Its inclusion in prominent indices like the BSE 500, BSE 1000, BSE SmallCap, Nifty Microcap 250, and Nifty Total Market underscores the company’s significance in India’s specialty chemicals sector.

Fine Organics stock price is closely tracked by retail and institutional investors. Its inclusion in major indices reflects strong market capitalisation, consistent financial performance, and scale in the oleochemicals industry. Listing on NSE and BSE ensures liquidity, while index presence drives institutional holdings and benchmark tracking in the basic materials sector.

Fine Organic Industries Limited Stock Performance and Fine Organics Share Price History

Fine Organics share price on NSE and BSE reflects its status as a leading player in the specialty chemicals space. Performance is driven by factors like demand from end-user industries, crude oil price fluctuations, export volumes, and the ability to maintain operating margins. Investors compare Fine Organics share price today with the BSE Commodities index and peer chemical companies to gauge relative performance.

These underlying factors are often visible through real market movements across different periods. Similar trends are observed during earnings-driven movements. Broader sector strength has also played a role in supporting Fine Organics share price. In addition to operational and sector-led factors, corporate actions such as bonus issues or stock splits can also have a significant impact on Fine Organics share price movements short-term, even when the company’s fundamentals remain strong. This shows how corporate actions can trigger short-term swings, even within a specialty chemicals framework influenced by global commodity cycles and input costs.

While short-term movements reflect events and announcements, longer-term valuation trends are visible through Fine Organics share price 52-week high and low, providing context beyond daily or weekly changes. The stock reached its highest end-of-day price of ₹7,154.07 on September 14, 2022, while the lowest end-of-day price stood at ₹733.08 on July 23, 2018. These levels capture impacts of raw material price volatility, global demand shifts, capacity expansion, and earnings visibility, providing context for the stock’s historical performance.

Fine Organics’ stock performance reflects the trading behavior of a specialty chemical manufacturer operating within India’s industrial landscape. The company’s strong focus on value-added products and high entry barriers in oleochemical additives have shaped its Fine Organics share price history. Over time, the stock has shown long-term wealth creation, marked by periods of sharp gains and phases of consolidation.

The period following its 2018 listing witnessed strong growth, delivering a 45.30% return in 2018 itself. The upward momentum continued with impressive annual gains of 61.28% in 2019 and 33.23% in 2020, driven by robust domestic demand and import substitution trends. Between 2021 and 2022, Fine Organics delivered two high-return years, with gains of 47.37% and a remarkable 51.39%, respectively. These years reflected sustained earnings growth and the company’s leadership within the specialty additives space. The Fine Organics share price reached an all-time high during this period, supported by strong investor confidence and healthy financial performance.

From 2023 onwards, the Fine Organics stock price entered a phase of correction and consolidation. The stock declined by 12.41% in 2023 and a further 9.96% in 2024, mirroring broader market challenges and sector-specific headwinds like softening global demand and inventory destocking by clients. In 2025, the stock saw a marginal decline of 10.18%, while 2026 has started with a positive uptick of 18.92%, pointing to a renewed momentum.

Over longer investment horizons, the stock has delivered meaningful returns, including gains of around 104.01% over five years and 508.81% over ten years. These returns highlight consistent growth aligned with the increasing penetration of specialty chemicals across the Indian economy. Despite global disruptions, Fine Organics shares have shown resilience. The company’s strong product portfolio and debt-free status helped the stock retain value during volatile periods, keeping shares relatively stable amid market fluctuations.

FINE ORGANIC INDUSTRIES LIMITED INVESTOR RELEVANCE AND PORTFOLIO ROLE

Fine Organics is a quality holding in mid-cap and small-cap portfolios, offering exposure to the high-margin specialty chemicals industry. Its inclusion in indices like the BSE SmallCap and Nifty Microcap 250 underscores its strategic importance in India’s industrial landscape. Strong product differentiation, consistent return ratios, and a debt-free balance sheet make it a stable choice for long-term institutional allocations.

Fine Organics equity is held by a broad mix of leading domestic and international institutional investors, reflecting its prominence in India’s specialty chemicals sector. Top institutional stakeholders include Axis Asset Management Company Limited, Nippon Life India Asset Management Limited, SBI Funds Management Limited, The Vanguard Group, Inc., ICICI Prudential Asset Management Company Limited, BlackRock, Inc., UTI Asset Management Company Limited, Dimensional Fund Advisors LP, Norges Bank Investment Management, and Mirae Asset Global Investments Co., Ltd.

Prominent mutual fund holders include Nippon Mutual Funds – Nippon India Small Cap Fund, SBI Mutual Fund – SBI Small Cap Fund, Axis Mutual Fund – Axis Small Cap Fund, Axis Mutual Fund – Axis Midcap Fund, Axis Mutual Fund – Axis Flexi Cap Fund, ICICI Prudential Mutual Fund – ICICI Prudential Pharma Healthcare And Diagnostics Fund, iShares, Inc. – iShares Core MSCI Emerging Markets ETF, Vanguard STAR Funds – Vanguard Total International Stock ETF, Vanguard International Equity Index Funds – Vanguard FTSE Emerging Markets ETF, and UTI Mutual Fund – Small Cap Fund. This broad investor base underscores the company’s role as a trusted core holding in both domestic and global portfolios.

Technical indicators such as Fine Organics RSI, MACD, and MFI provide additional insight into short-term momentum shifts in Fine Organics stock price. While primarily used for near-term trading, these tools can also help portfolio managers gauge market sentiment and potential volatility around major events.

Fine Organics’ beta reflects its nature as a mid-sized specialty chemicals stock with institutional ownership and a growth-oriented profile. The Fine Organics stock price has a long-term beta of 1.14, indicating slightly higher volatility compared to the broader market. On a daily basis, the one-month range shows a beta of 1.22, while the three-month range stands at 1.23. Looking at weekly data, the one-year range beta is 1.28, increasing to 1.42 over two years. The two-week range over two years shows a beta of 1.48, and on a monthly basis over two years, the beta reaches 1.76. These figures highlight relatively stable volatility with occasional spikes, which is typical for companies in the specialty chemicals space.

FINE ORGANIC INDUSTRIES LIMITED SECTORAL RELEVANCE AND PEER POSITIONING

Fine Organics’ sector relevance stems from its scale in oleochemical-based additives, high entry barriers, strong R&D capabilities, and consistent profitability, establishing it as a key player supporting India’s specialty chemicals ecosystem. Peer comparisons with companies like Aarti Industries, Vinati Organics, Navin Fluorine, Deepak Nitrite, Atul Ltd, and Gujarat Fluorochemicals focus on product mix, operating margins, return ratios, export orientation, and capacity expansion rather than short-term stock moves. These benchmarks help investors assess operational scale, efficiency, and global competitiveness. Institutional tracking of demand trends, raw material costs, and import substitution further highlights Fine Organics’ positioning within India’s broader chemical industry.

Fine Organics’ market cap has grown significantly since its listing. Starting at ₹36.20 billion in 2018, the market cap rose to ₹59.57 billion in 2019, marking a 64.56% increase. The upward trend continued in 2020 with a 29.89% gain to ₹77.37 billion. In 2021, it surged 47.22% to ₹113.91 billion, followed by a 54.65% jump in 2022 to ₹176.16 billion. The market cap moderated in subsequent years, standing at ₹152.77 billion in 2023, ₹141.48 billion in 2024, and ₹128.76 billion in 2025. As of 2026, the market cap is ₹145.92 billion, reflecting a 13.33% increase and underscoring the company’s sustained value in the specialty chemicals sector.

Fine Organics earnings trajectory demonstrates its operational strength. The company recorded earnings of ₹2.38 billion in 2018 and ₹2.27 billion in 2019. Earnings declined by 23.67% to ₹1.73 billion in 2020, followed by a recovery to ₹2.33 billion in 2021. In 2022, earnings surged by an impressive 244.98% to ₹8.05 billion, driven by strong demand and capacity utilization. Earnings moderated in subsequent years, standing at ₹5.95 billion in 2023 and ₹5.75 billion in 2024. As of 2025 (TTM), earnings are ₹5.44 billion, reflecting a marginal decline. These trends highlight the company’s ability to generate consistent profits despite cyclical industry conditions.

Fine Organics EPS has shown steady growth over the long term. EPS increased from ₹43.37 in 2018 to ₹58.12 in 2019, a 33.99% rise. In 2020, EPS stood at ₹64.81, followed by ₹48.69 in 2021. The company witnessed a remarkable surge in 2022, with EPS jumping 108.16% to ₹101.36, and further climbing 119.89% to ₹222.89 in 2023. EPS moderated to ₹146.37 in 2024 and ₹142.29 in 2025. The consistent EPS growth over the years reflects the company’s ability to enhance shareholder value, with 2025 TTM EPS at ₹136.86, underlining its resilience in a competitive industry.

Fine Organics’ P/E ratio reflects market valuation of its earnings, stable business model, and growth prospects within the specialty chemicals sector. The ratio stood at 28.6 in 2019 and increased to 34.6 in 2020, a 20.97% rise. In 2021, the P/E ratio surged 66.4% to 57.5, driven by strong growth expectations. It moderated to 47.8 in 2022, followed by a significant decline to 21.1 in 2023. The ratio recovered to 31.2 in 2024 and currently stands at 30.8 for 2025. These valuation adjustments align with broader industry trends, raw material cycles, and the company’s long-term earnings visibility, making Fine Organics a closely tracked stock in its sector.

SUMMARY

Fine Organic Industries Limited, headquartered in Mumbai, is a prominent manufacturer of oleochemical-based additives serving the food, plastics, and cosmetics industries. The company has been listed on the NSE and BSE since June 2018 and forms part of key indices like the BSE 500 and Nifty Microcap 250. Fine Organics share priceperformance reflects its strong product differentiation, consistent earnings, and global export footprint. With a marketcap near ₹146 billion and a diversified institutional shareholder base, the stock represents a significant player within India’s growing specialty chemicals sector.