The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Fine Organic Industries Limited is an India-based company engaged in manufacturing, processing, supplying, distributing, dealing, importing, and exporting a range of oleochemical-based additives used in foods, plastics, cosmetics, coatings and other specialty applications in…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, stagnant business, priced for perfection.
Fine Organic is scored on the general / industrial framework. It keeps a healthy 16.8% of every rupee of sales as net profit. Cash broadly tracks reported profit (CFO/PAT 1.03×). Free cash flow is worth about 0.1% of its market value.
Over the last 3 years revenue compounded at -7%/yr and profit at -12%/yr. Book value itself has compounded 20%/yr — the hallmark of a genuine compounder. Return on equity is a healthy 16.4%. In the latest quarter profit grew 18% versus the prior quarter.
At 37× earnings, the stock sits at the 80th percentile of its own 3.6-year range — the expensive end of where it has historically traded. Today's price implies ~16%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 32.33 | — | — |
| P/B | 5.31 | 2.69 | worse |
| EV/EBITDA | 21 | 10.45 | worse |
| ROE | 16.44 | — | — |
| ROCE | 20.23 | 69.92 | worse |
| ROA | 14.07 | 54.03 | worse |
| Quick Ratio | 7.01 | 2.26 | better |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Pidilite Industries | 59.1 | 14.3 | 23.9% |
| SRF | 32.3 | 4.8 | 14.9% |
| Linde India | 118.3 | 13.3 | 11.3% |
Negative CAGR — the top line has shrunk over this window.
Revenue is outpacing profit (-7% vs -12%) — costs are rising faster than the top line.
Operating margin has compressed from 27% to 22% — costs or competition are eating into profitability. Interest or tax burden is shrinking — more of the operating profit is reaching the bottom line. Margins have declined for 3 consecutive years — watch for a structural cost problem.
ROE at 16% — a respectable return on shareholder capital. Capital efficiency declining — ROE down 24pp.
-12% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth. Financing outflows in consecutive years — balance-sheet discipline through debt repayment or dividends.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 9% sequentially — momentum is building. Run-rate stepping up — recent quarters average 15% above earlier ones.
Profit jumped 18% QoQ — check if this is operating leverage or a one-off item.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 75.0% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.