Fine Organic Industries Limited has reported its financial performance for the quarter and financial year ended March 31, 2026. The company achieved a consolidated annual revenue of Rs 2,365.8 crore with a profit after tax of Rs 417.1 crore. Alongside steady domestic and export growth, the firm has actively pursued global expansion through manufacturing investments in the United States, a new subsidiary in Dubai, and a proposed acquisition in Malaysia.
Consolidated Financial Performance
For the fiscal year ended March 31, 2026, Fine Organic Industries demonstrated resilient growth. The company reported annual revenue of Rs 2,365.8 crore, a 4.3% increase over the previous year. The consolidated Profit After Tax (PAT) stood at Rs 417.1 crore, reflecting a 1.6% growth compared to FY25. For the final quarter (Q4FY26), revenue reached Rs 625.3 crore, with a PAT of Rs 117.5 crore, marking a significant 21% year-on-year increase.
Strategic Global Expansion
The company has aggressively expanded its international footprint throughout the year:
- United States Operations: Incorporated Fine Organics Americas LLC in Q1 with an investment of USD 1.12 million (approximately Rs 9.6 crore) and acquired 160 acres of land in South Carolina to set up a new manufacturing plant.
- Malaysia Acquisition: The Board has approved the acquisition of an 80% stake in Oleofine Organics Sdn. Bhd., a food additives company, for approximately Rs 83 crore.
- Middle East Presence: Established a subsidiary in Dubai, UAE, to enhance supply chain efficiency and serve the GCC countries.
- Thailand Joint Venture: Infused THB 22.50 million (approximately Rs 6.17 crore) in the third quarter to support business growth.
Operational Highlights
Exports continue to be a pillar of the company’s performance, accounting for 55% of total revenue in FY26, while domestic demand contributed the remaining 45%. Despite challenges such as fluctuating raw material prices and increased freight costs during the final quarter due to the West Asia crisis, the company maintained stable margins. Additionally, the company implemented accounting provisions following the introduction of the new Labour Codes effective November 21, 2025.
Source: BSE
