More about Fine Organic Industries Limited
Fundamentals for Fine Organic Industries Limited
Regulatory Filings for Fine Organic Industries Limited
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Fundamentals for Fine Organic Industries Limited
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Business Operations:
Sector: Basic MaterialsIndustry: Specialty Chemicals
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, bread improvers, beverage clouding agents, and other specialized blends; polymer additives for various types of polymers, rubbers and elastomers, etc.; cosmetic and pharmaceutical additives; feed nutrition additives; coating additives; and additives for other specialty application in various industries. It products are used in foods, plastics, cosmetics, coatings, and other specialty applications. Fine Organic Industries Limited was founded in 1970 and is headquartered in Mumbai, India.
Revenue projections:
With FINEORG's revenues expected to fall below the previous year's, investors are likely to approach the stock with caution. Declining revenues can negatively affect profitability, which makes it harder for the company to maintain investor confidence and perform well in the market.
Financial Ratios:
| currentRatio | 8.48700 |
|---|---|
| forwardPE | 29.81863 |
| debtToEquity | 2.56000 |
| earningsGrowth | 0.21000 |
| revenueGrowth | 0.02400 |
| grossMargins | 0.40123 |
| operatingMargins | 0.17879 |
| trailingEps | 135.82000 |
| forwardEps | 154.93333 |
FINEORG's current ratio of 8.487 indicates strong liquidity, meaning the company can comfortably meet its short-term debt obligations. This financial position reflects FINEORG's ability to use its cash reserves and current assets to cover liabilities without facing any cash flow issues.
FINEORG's Forward PE being in a good range indicates the stock is priced well relative to its earnings. It is not overvalued, leaving space for future growth, making it an appealing option for investors interested in long-term value appreciation.
Fine Organic Industries Limited's forward EPS surpasses its trailing EPS, reflecting expectations of higher profitability in the current year. This suggests that Fine Organic Industries Limited is projected to generate stronger earnings, indicating an optimistic financial outlook compared to the prior year's results.
Price projections:
FINEORG's price has consistently hovered around the lower end of analysts' projections. This pattern may reflect concerns regarding the company's ability to achieve its anticipated growth.
Recommendation changes over time:
Analysts have shown a buy bias for Fine Organic Industries Limited, signaling it as a strong investment choice. This positive outlook could motivate investors to allocate funds to Fine Organic Industries Limited, seeing it as a reliable and potentially profitable option, especially in an environment where the stock market is highly scrutinized.
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