FINEORGFine Organic Industries Ltd.
Fine Organic Industries Q2 FY27 Results: Consolidated Net Profit ₹152 Crore on Total Income of ₹760 Crore
- Earnings
- Specialty chemicals
Reviewed byRachit TripathiBlacklitt Research
Fine Organic Industries (NSE: FINEORG) reported consolidated total income of ₹760.03 crore and net profit of ₹152.12 crore for the quarter ended 30 Sep 2026, it said in a filing on 02 Nov 2026. Standalone total income was ₹720.78 crore and standalone net profit ₹135.14 crore for the same quarter.
Key highlights
Consolidated
Including its subsidiaries
- Total income: ₹760.03 crore, up 22.9% YoY and 6.5% QoQ
- Net profit and EPS: ₹152.12 crore, up 40.1% YoY; basic EPS ₹49.62
- Other income: ₹30.64 crore, up 45.0% YoY and 26.4% QoQ
- Finance costs: ₹2.11 crore, against ₹0.43 crore a year earlier
Standalone
The company on its own, without its subsidiaries
- Total income: ₹720.78 crore, up 19.0% YoY and 4.2% QoQ
- Net profit and EPS: ₹135.14 crore, up 41.7% YoY; basic EPS ₹44.08
- Other income: ₹27.29 crore, down 19.5% YoY and up 15.5% QoQ
- Finance costs: ₹0.76 crore, against ₹0.40 crore a year earlier
Summary
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 760.03 | 618.42 | +22.9% | 713.42 | +6.5% | |
| Revenue from operations | 729.39 | 597.29 | +22.1% | 694.17 | +5.1% |
| Other income | 30.64 | 21.13 | +45.0% | 24.25 | +26.4% |
| 152.12 | 108.55 | +40.1% | 138.14 | +10.1% | |
| Profit before tax | 196.59 | 142.02 | +38.4% | 183.55 | +7.1% |
| Finance costs | 2.11 | 0.43 | +390.7% | 0.90 | +134.4% |
| Depreciation | 14.43 | 12.81 | +12.6% | 13.82 | +4.4% |
| Tax expense | 44.17 | 33.47 | +32.0% | 45.41 | -2.7% |
| Net profit margin | 20.01% | 17.55% | +2.46 pp | 19.36% | +0.65 pp |
| EPS, basic (₹) | 49.62 | 35.40 | +40.2% | 45.06 | +10.1% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Consolidated net profit grew faster than total income, rising 40.1% YoY against 22.9% for total income. Profit before tax rose 38.4% YoY, and the tax expense of ₹44.17 crore is 22.5% of profit before tax, against 23.6% a year earlier on the table figures (derived).
Other income of ₹30.64 crore is 4.0% of total income and 15.6% of profit before tax. Revenue from operations grew 22.1%, slower than other income, which rose 45.0%. Finance costs of ₹2.11 crore are 0.3% of total income, up from ₹0.43 crore a year earlier, although still small against the quarter's scale.
The notes say the insurance claim for property damage and inventory losses was finally settled in July 2026 at ₹4.35 crore, against interim settlements of ₹1.80 crore received earlier.
The results include Oleofine Organics Sdn. Bhd., acquired at an 80% stake on 09 Sep 2026, and an additional indirect 8% interest in Fine Organic Industries (Thailand) Co., Ltd., making both subsidiaries from that date. The filing covers their contribution only from that date, and the consolidated non-controlling interest loss is ₹0.11 crore.
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 720.78 | 605.84 | +19.0% | 691.69 | +4.2% | |
| Revenue from operations | 693.49 | 571.92 | +21.3% | 668.07 | +3.8% |
| Other income | 27.29 | 33.92 | -19.5% | 23.62 | +15.5% |
| 135.14 | 95.36 | +41.7% | 135.50 | -0.3% | |
| Profit before tax | 182.68 | 129.52 | +41.0% | 183.16 | -0.3% |
| Finance costs | 0.76 | 0.40 | +90.0% | 0.73 | +4.1% |
| Depreciation | 13.21 | 12.28 | +7.6% | 12.83 | +3.0% |
| Tax expense | 47.54 | 34.16 | +39.2% | 47.66 | -0.3% |
| Net profit margin | 18.75% | 15.74% | +3.01 pp | 19.59% | -0.84 pp |
| EPS, basic (₹) | 44.08 | 31.10 | +41.7% | 44.19 | -0.2% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Standalone net profit rose 41.7% YoY, faster than profit before tax at 41.0% and total income at 19.0%. Against the previous quarter, net profit fell 0.3% while total income rose 4.2%.
Standalone other income of ₹27.29 crore is 3.8% of total income and 14.9% of profit before tax. Other income fell 19.5% from the year-earlier quarter and rose 15.5% from the previous quarter.
Standalone tax expense of ₹47.54 crore is 26.0% of profit before tax, against 26.4% a year earlier (derived). Standalone net profit of ₹135.14 crore is ₹16.98 crore lower than consolidated net profit of ₹152.12 crore.
The company reports a single primary business segment, manufacturing of specialty chemicals. Its Board approved the results on 02 Nov 2026, and the statutory auditors, CNK & Associates LLP, issued an unmodified conclusion on the limited review. The Board also approved raising the investment limit in Fine Organic Industries (SEZ) Private Limited, a wholly owned subsidiary, by ₹120 crore to ₹420 crore for setting up a manufacturing unit.
Inference
The filing says the company has no loan or debt default on the date of the filing. Consolidated borrowings are shown at ₹154.68 crore on the balance sheet, of which ₹149.38 crore is non-current.
The subsidiary Fine Organic Industries (SEZ) Private Limited has not yet commenced operations and has no turnover history, and its net worth as at 31 Mar 2026 was ₹90.29 crore. The filing does not say when the manufacturing unit will start or what it will produce.
The filing does not state the consideration paid for the OFM acquisition or the 8% FOIT interest, nor the contribution of OFM and FOIT to results beyond the consolidation date.
Filed with BSE on . Reference: Original filing (PDF)
Disclaimer:
The information available on this article is provided for education and informational purposes only. It does not constitute or provide financial, investment or trading advice and should not be construed as an endorsement of any specific stock or financial strategy in any form or manner. We do not make any representations or warranties regarding the quality, reliability, or accuracy of the information provided. This website may contain links to third-party content. We are not responsible for the content or accuracy of these external sources and do not endorse or verify the information provided by third parties. We are not liable for any decisions made or actions taken based on the information provided on this website.
