Fine Organic Industries Ltd
Next 500 2024
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OVERVIEW
FINANCIALS
About
Fine Organics was founded by Ramesh Shah and Prakash Kamat in 1970 with the objective of harnessing the potential of oleochemical derivatives. The company now produces specialty additives for various industrial applications in industries like plastics, rubber, foods, paints, inks, coatings, cosmetics, lubes, and more. Its products include food and feed ingredients, polymer additives, personal care ingredients, coating and specialty ingredients, among others. Its additives involve the use of locally grown plants, allowing self-sufficiency in the production process. With the help of manufacturing facilities at sites like Dombivli, Ambernath, and Badlapur, Fine Organics is able to cater to more than 80 markets all over the world.
Incorporation Year: 2002
Headquarters: Mumbai
Top Management: Mukesh/Jayen Shah and Nikhil Kamat
Industry: Chemicals
Website: www.fineorganics.com
Featured In Fortune India Ranking
Next 500 India
#22(2024)#130(2023)#219(2022)#218(2021)#275(2020)#322(2019)
#22(2024)#130(2023)#219(2022)#218(2021)#275(2020)#322(2019)
Ranking Trend Fortune Next 500 India
Financial Data 2024
Revenue
2,061
(INR Cr)
Net Operating Income
2,123
(INR Cr)
Assets
1,925
(INR Cr)
Profit
412
(INR Cr)
Net Worth
1,921
(INR Cr)
Financial Data
RevenueNet Operating IncomeProfitAssetsNet Worth
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 2061 -37.7% | 3311 69.6% | 1952 70.5% | 1145 5.0% | 1090 1.1% | 1078 24.5% | 866 9.8% | 789 17.4% | 672 7.9% | 623 8.6% | 574 14.4% | 501 12.8% | 444 19.9% | 371 118.6% | 170 - |
| Net Operating Income (INR Cr) | 2123 -29.78% | 3023 61.12% | 1876 65.57% | 1133 9.17% | 1038 -2.10% | 1060 23.90% | 856 9.95% | 778 17.98% | 660 0.00% | 616 8.56% | 568 14.34% | 496 11.73% | 444 19.87% | 371 118.61% | 170 0.00% |
| Profit (INR Cr) | 412 -33.4% | 618 138.1% | 260 115.8% | 120 -27.0% | 165 21.0% | 136 42.9% | 95 22.4% | 78 2.2% | 76 28.9% | 59 -5.6% | 63 199.6% | 21 51.6% | 14 -52.3% | 29 40.1% | 21 - |
| Assets (INR Cr) | 1925 22.7% | 1570 54.1% | 1019 23.5% | 825 9.8% | 751 18.8% | 632 40.8% | 449 21.9% | 369 3.4% | 357 19.2% | 299 9.9% | 272 31.9% | 207 18.9% | 174 11.3% | 156 43.4% | 109 - |
| Net Worth (INR Cr) | 1921 24.6% | 1541 60.7% | 959 31.2% | 731 18.2% | 619 23.7% | 500 26.5% | 396 20.5% | 328 29.2% | 254 0.0% | 197 22.7% | 160 64.2% | 98 27.3% | 77 21.9% | 63 457.9% | 11 0.0% |
| Employee Cost (INR Cr) | 97 15.9% | 84 -5.9% | 89 12.2% | 80 9.8% | 72 15.4% | 63 21.6% | 52 -19.9% | 64 139.9% | 27 39.7% | 19 18.1% | 16 12.3% | 15 - | 0 - | 0 - | 0 - |
| Interest Cost (INR Cr) | 2 | 5 | 5 | 6 | 5 | 2 | 3 | 4 | 7 | 7 | 10 | 10 | 0 | 0 | 0 |
| Cash & Bank Balance (INR Cr) | 1049 | 523 | 233 | 264 | 210 | 109 | 12 | 18 | 44 | 2 | 9 | 8 | 2 | 17 | 21 |
| Total Debt (INR Cr) | 4 | 29 | 59 | 89 | 125 | 128 | 54 | 40 | 102 | 103 | 112 | 109 | 97 | 93 | 98 |
Key Financial Ratios
Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 20.0% | 18.7% | 13.3% | 10.5% | 15.1% | 12.6% | 11.0% | 9.9% | 11.3% | 9.5% | 10.9% | 4.2% | 3.1% | 7.8% | 12.2% |
| Profit As % Of Assets | 21.4% | 39.4% | 25.5% | 14.6% | 21.9% | 21.5% | 21.2% | 21.1% | 21.4% | 19.8% | 23.0% | 10.1% | 7.9% | 18.5% | 19.0% |
| Profit As % Of Networth | 21.4% | 40.1% | 27.1% | 16.5% | 26.6% | 27.2% | 24.1% | 23.7% | 30.0% | 30.1% | 39.1% | 21.4% | 18.0% | 45.9% | 183.0% |
| Interest Cost to EBITDA % | 0.5% | 0.6% | 1.4% | 3.1% | 2.1% | 0.8% | 2.0% | 3.0% | 4.9% | 6.4% | 9.5% | 19.5% | - | - | - |
| Debt to Equity Ratio | 0.00 | 0.02 | 0.06 | 0.12 | 0.20 | 0.26 | 0.14 | 0.12 | 0.40 | 0.52 | 0.70 | 1.12 | 1.27 | 1.48 | 8.66 |
| RONW | 23.8% | 49.4% | 30.7% | 17.8% | 29.5% | 31.2% | 26.3% | 26.7% | 30.0% | 33.1% | 48.6% | 24.0% | 19.8% | 45.9% | 183.0% |
| ROCE | 31.3% | 65.3% | 38.7% | 21.4% | 31.9% | 43.6% | 37.8% | 34.5% | 34.8% | 33.3% | 44.2% | 21.6% | 12.3% | 25.6% | 23.9% |