StockWatch
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Specialty Chemicals
Quarterly Result3 Nov 2026, 09:21 pm

Fine Organic Q2 FY27 Results: Revenue Stable, Equity Infused

AI Summary

Fine Organic Industries Limited announced its unaudited financial results for the quarter and half-year ended September 30, 2026. Revenue performance remained stable with exports contributing 58% to H1 FY27 revenue. Raw material prices saw a substantial increase in H1 FY27. The company infused ₹55 crores in its wholly-owned subsidiary, Fine Organic Industries (SEZ) Pvt. Ltd., taking the cumulative investment to ₹247.5 crores, with an additional ₹120 crores approved for the ongoing project. Utility and freight costs increased due to geopolitical crises and supply chain disruptions. Fine Organic also acquired an 80% stake in Malaysia-based Oleofine Organics Sdn. Bhd. for ₹80.17 crores, making it a subsidiary. Consequently, Fine Organic Industries (Thailand) Co. Ltd. also became a subsidiary. The company received a final insurance claim settlement of ₹4.35 crores for its Badlapur plant fire incident.

Key Highlights

  • Revenue stable in H1 FY27; exports account for 58% of total revenue.
  • Substantial increase in raw material, utility, and freight costs.
  • ₹55 crore equity infusion in wholly-owned subsidiary.
  • Acquired 80% stake in Malaysia's Oleofine Organics for ₹80.17 crores.
  • Received ₹4.35 crore insurance claim settlement for Badlapur plant.