Nature of Disclosure: Regulatory filing pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, containing the unaudited consolidated financial results for Q2 and H1 FY27 ended September 30, 2026.

Consolidated Financial Performance (₹ in Crores)

Q2 FY27 Performance:

  • Revenue from Operations: ₹729.4 Cr (vs. ₹597.3 Cr in Q2 FY26; +22.1% YoY)
  • EBITDA: ₹184.9 Cr (vs. ₹135.2 Cr in Q2 FY26; +36.8% YoY)
  • EBITDA Margin: 25.4% (vs. 22.6% in Q2 FY26)
  • PAT: ₹152.1 Cr (vs. ₹108.6 Cr in Q2 FY26; +40.1% YoY)
  • PAT Margin: 20.9% (vs. 18.2% in Q2 FY26)

H1 FY27 Performance:

  • Revenue from Operations: ₹1,423.6 Cr (vs. ₹1,185.7 Cr in H1 FY26; +20.1% YoY)
  • EBITDA: ₹360.9 Cr (vs. ₹258.8 Cr in H1 FY26; +39.5% YoY)
  • EBITDA Margin: 25.4% (vs. 21.8% in H1 FY26)
  • PAT: ₹290.3 Cr (vs. ₹225.7 Cr in H1 FY26; +28.6% YoY)
  • PAT Margin: 20.4% (vs. 19.0% in H1 FY26)

Full Year FY26 Reference: Revenue was ₹2,365.8 Cr, EBITDA was ₹483.0 Cr, and PAT was ₹417.1 Cr.

Revenue Composition & Operational Highlights

  • Demand remained stable in H1 FY27 with improved revenue performance.
  • Export contribution: ~58% of total revenue in H1 FY27 and 56% in Q2 FY27.
  • Domestic contribution: 42% of total revenue in H1 FY27 and 44% in Q2 FY27.

Cost Environment

  • Raw Materials: Prices increased substantially in H1 FY27 compared to H1 FY26, with a marginal increase in Q2 FY27 compared to Q1 FY27.
  • Utility Costs: Increased substantially in H1 FY27 vs. H1 FY26, primarily due to a rise in fuel prices from the ongoing West Asia crisis. Costs stabilized marginally in Q2 FY27 compared to the previous quarter.
  • Freight Costs: Ocean freight costs increased substantially in H1 FY27 vs. H1 FY26 and continued to rise quarter-on-quarter, resulting in higher overall freight and forwarding costs. The increase is attributable to supply chain disruptions from the ongoing geopolitical crisis.

Corporate Actions & Investments

1. Equity Infusion in Wholly Owned Subsidiary:

  • During Q2 FY27, the company infused additional equity of ₹55 crores into its wholly owned subsidiary, Fine Organic Industries (SEZ) Pvt. Ltd.
  • The infusion was in the form of 1% Non-Convertible, Non-Cumulative, Non-Participating, Redeemable Preference Shares.
  • This takes the cumulative investment in the subsidiary to ₹247.5 crores.
  • The company already has Board approval for a total equity infusion of ₹300 crores, of which ₹247.5 crores has been infused to date.
  • The Board has additionally approved a further equity infusion of ₹120 crores in the SEZ subsidiary for an ongoing project.

2. Acquisition of Oleofine Organics Sdn. Bhd. (Malaysia):

  • Acquired an 80% stake in Oleofine Organics SDN. BHD. (OFM), a Malaysia-based specialty chemicals company.
  • 50% of the stake was acquired from Smoothex Chemicals Pvt. Ltd., and the remaining 30% was acquired from other shareholders of OFM.
  • The acquisition was completed on September 9, 2026.
  • The total acquisition cost was RM 34,208,000, equivalent to ₹80.17 crores.
  • The acquisition is stated to be in line with the company's growth strategy.
  • Consequently, OFM is now a subsidiary of Fine Organic Industries Ltd. (FOIL).

3. Subsidiary Status of Fine Organic Industries (Thailand) Co. Ltd. (FOIT):

  • Consequent to the acquisition of OFM, FOIL (which held a 45% stake) together with OFM (which holds a 10% stake) now controls more than half (~53%) of the total voting power in FOIT.
  • Accordingly, FOIT, a Thailand-based specialty chemicals company, has become a subsidiary of FOIL within the meaning of Section 2(87) of the Companies Act, 2013.
  • FOIT's business is within the company's main business line.

Insurance Claim Settlement

  • The insurance claim relating to property damage and inventory losses from a January 2024 fire incident at the Badlapur Plant was finally settled in July 2026 for ₹4.35 crores.
  • Interim settlements aggregating ₹1.80 crores had been received in earlier periods against this claim.
  • The insurance claim against business interruptions was already received during the quarter ended June 30, 2025.
  • Necessary adjustments for the final settlement have been made in the standalone financial statements for the quarter ended June 30, 2026.

Company Profile & Contact

  • Fine Organic Industries Limited is described as the largest manufacturer of oleochemical-based additives in India and a strong global player.
  • It produces over 600 plant-derived additives for food, polymer, cosmetics, paint, ink, coatings, and other industries.
  • Manufacturing facilities are located in Maharashtra.
  • For investor relations, contact Ms. Sonali Bhadani at investors@fineorganics.com or the company's IR advisors, Strategic Growth Advisors Pvt. Ltd. (Mr. Mandar Chavan / Mr. Rahul Agarwal).