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Fine Organic Industries (FINEORG)

Specialty Chemicals · NSE · end-of-day 2026-10-19
Close
₹5,398.00
Day change
-1.16%
1-year
+18.2%
From 52-week high
-4.0%
Weinstein stage
Stage 2
Minervini template
8/8
Fine Organic Industries closed at ₹5,398.00 on 2026-10-19, up 18% over the past year, 4% below its 52-week high. It meets 8 of 8 conditions of Minervini's trend template - a full pass; Weinstein's stage analysis reads stage 2 - advancing; on earnings, it passes 0 of 5 SEPA checks. Over the year its annualised volatility was about 30%, with a largest fall of 19% from a peak.

About Fine Organic Industries

Fine Organic Industries Limited manufactures specialty additives used in food processing, plastics, coatings, cosmetics, rubber, and pharmaceuticals. The company exports to customers worldwide through a diversified specialty product portfolio. Research-driven innovation supports premium product positioning. Expanding end-use industries continue to drive demand. Strong technical capabilities differentiate the business.

Price, RSI and MACD

Price · +8.1% over the period
4,3584,6935,0275,3625,697Apr 26May 26Jun 26Jul 26Aug 26Sep 26Oct 26
RSI (14) · 54.7
305070
MACD (12, 26, 9) · histogram +7.76
-65.92.170.1138.2206.2
Price · +15.9% over the period
3,7824,2694,7565,2435,730Oct 25Dec 25Feb 26Apr 26Jun 26Aug 26Oct 26
RSI (14) · 54.7
305070
MACD (12, 26, 9) · histogram +7.76
-122.4-39.244127.2210.4
Price · +5.0% over the period
3,4293,9864,5435,0995,656Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26Oct 26
RSI (14) · 54.7
305070
MACD (12, 26, 9) · histogram +7.76
-252.4-135.2-18.199216.2
Price · +10.2% over the period
3,4934,0654,6375,2095,781Feb 24Jul 24Dec 24May 25Oct 25Mar 26Aug 26
RSI (14) · 54.7
305070
MACD (12, 26, 9) · histogram +7.76
-255-128.3-1.7125251.7
Price: daily close adjusted for splits and bonuses, dashed line the 150-day moving average. MACD: green line, orange dashed signal, bars the histogram. Longer periods are drawn from every second or third session.

Fundamentals

Market capSales (TTM)Net profit (TTM)P/EEPS (TTM)P/BROEROE previous yearROCEDebt / equityFree cash flowEV / EBITDABeta
₹16,550 cr₹2,472 cr₹438 cr37.8142.896.2116.8%19.5%22.0%0.02₹288 cr27.40.87

Quarterly results

QuarterSales ₹ crNet profit ₹ crEPSEPS YoYSales YoYNet margin
Jun 202669413845.06+18.0%+18.0%19.9%
Mar 202662511838.32+21.0%+3.0%18.8%
Dec 20255557424.11-10.6%+8.1%13.3%
Sep 202559710835.40-7.6%+0.2%18.2%
Jun 202558811738.19+3.4%+7.0%19.9%
Mar 20256079731.68-15.2%+10.9%16.0%
Dec 20245138326.97-12.2%+5.1%16.1%
Sep 202459611738.30+13.6%+10.2%19.7%
Consolidated · EPS restated onto today's share count after splits and bonuses · net profit as filed.

Minervini SEPA — earnings checks 0 of 5 pass

CheckResult
Latest quarter EPS up 25%+ on a year ago✗ Fail
EPS growth accelerating over 3 quarters✗ Fail
Sales up 25%+, or sales growth accelerating✗ Fail
Annual EPS up 25%+ in each of the last 2 years✗ Fail
Net margin above the same quarter last year✗ Fail

Investor methods

MethodChecksScoreVerdict
Minervini
✓ Close above the 150- and 200-day averages
✓ 150-day above 200-day
✓ 200-day rising for a month
✓ 50-day above the 150- and 200-day
✓ Close above the 50-day
✓ At least 25% above the 52-week low · low 3,886.80
✓ Within 25% of the 52-week high · high 5,625.50
✓ RS percentile 70 or more · RS 76
Trend template - the gate, measured: a modest 21-day edge.
8/8Pass
Weinstein
Stan Weinstein's stage analysis on the 30-week moving average.
Stage 2 - advancing
CAN SLIM
✗ C latest quarter EPS up 25%+
✗ A annual EPS up 25%+ in each of the last 2 years · O'Neil asks 3; ~2 held
✓ N within 15% of the 52-week high · high 5,625.50
✓ S more volume on up days than down days (50 sessions) · 1.78x
✗ L RS percentile 80 or more · RS 76
— I institutional sponsorship rising · shareholding not collected yet
✓ M market in an uptrend (40%+ of stocks above their 200-day) · breadth 45%
William O'Neil's growth-leader checklist.
3/6Average
Darvas
✓ Box top confirmed (3 sessions below the new high) · top 5,666.00
✓ Box bottom confirmed (3 sessions holding) · bottom 5,280.50
✗ Close above the box top · close 5,398.00
✗ Volume at least 1.5x its 50-day average · 0.5x
Nicolas Darvas's box: buy the breakout above a confirmed box after a new high.
64/100In box
Turtle
✗ Close above the prior 55-session high · 5,666.00
✗ Close above the prior 20-session high · 5,666.00
✗ Close below the prior 20-session low · 4,968.00
Donchian channel breakout - the Turtle traders' entry.
No signal
Greenblatt
— Earnings yield (EBITDA / EV) · 3.7%
— Return on capital (ROCE) · 22.0%
Joel Greenblatt's Magic Formula: good businesses at good prices, ranked across all companies. Earnings yield uses EBITDA, as EBIT is not held separately.
47/100Average
Graham
✗ Price at or below the Graham number · Graham number 1,671.72
✗ P/E 15 or less · P/E 37.8
✗ P/B 1.5 or less (or P/E x P/B 22.5 or less) · P/B 6.21
✓ Current ratio 2 or more · 8.49
— 10 years of positive earnings, 20 of dividends · history not held
Benjamin Graham's defensive-investor tests.
31/100Expensive
Piotroski
✓ Profitable (ROA > 0)
✓ Operating cash flow positive
✗ ROA rising
✓ Cash flow above net profit (earnings quality)
✗ Long-term debt / assets falling
✓ Current ratio rising · 8.49
✓ No new shares issued
✗ Margin rising (net margin)
✗ Asset turnover rising
Joseph Piotroski's F-score, FY 2025 -> 2026.
5/9Average
Each method's own rules applied to this stock - information, not a buy or sell signal. All were tested on 2024-26 data; only the Minervini trend template showed a consistent edge.

Specialty Chemicals sector — top 10 by 1-year return

Stock1M %3M %6M %1Y %3Y %5Y %P/EP/BROE %ROCE %ROA %D/EEV/EBITDA₹ CrSales TTM ₹ CrProfit TTM ₹ CrEPSBeta
FINEORG this stock+3.8+9.4+8.1+19.4+12.3+58.937.86.2116.822.0—0.0227.416,5502,472438142.90.87
BODALCHEM-14.3+149.1+142.6+175.9+104.7+20.330.11.784.26.7—0.6914.22,0652,267695.50.70
RPEL+7.6+38.6+149.7+161.5——115.828.9925.031.2—0.0285.78,1643157015.31.42
FCL-2.1+41.7+142.9+128.2+70.0+356.543.97.3613.518.3—0.0139.56,4991,0121481.31.46
AETHER-6.7+4.9+28.3+104.1+70.3—85.68.229.411.6—0.1855.520,1911,22423517.80.75
KRISHANA+18.3+46.5+66.7+87.6+322.8+1076.533.511.7438.127.3—1.3122.86,5812,5551976.41.04
OAL+21.4+78.0+98.3+85.2+69.9-28.9395.23.160.54.5—0.6132.32,1011,06551.60.97
NEOGEN-0.3+13.7+66.1+70.0+43.2+81.2186.78.323.66.6—1.6356.66,7959263613.30.84
NAVINFLUOR-5.1+3.7+26.0+59.6+123.5+111.152.910.5220.121.4—0.3137.841,8223,634790154.20.78
VALIANTORG+9.1+74.3+72.0+59.4-0.5-70.124.01.724.56.2—0.3315.51,3057665419.41.02
ICIL-5.3+8.0+58.0+58.8+74.0+46.755.63.565.58.7—0.4621.08,3944,3901517.61.50
A blank in a return column means the stock is younger than that window. P/B and ROE come from each company's own filings where held.

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Prices as of 2026-10-19, end of day, from NSE. Fundamentals from each company's own exchange filings (XBRL), EPS restated for splits and bonuses. Figures may be delayed and are for information only.
For research & education only — not investment advice. The methods, checks and verdicts are automated rules applied to public data, not buy/sell recommendations. StockLearn is an independent product of ClusterMicro Technologies, not affiliated with or endorsed by the NSE or any exchange. ClusterMicro Technologies is not a SEBI-registered investment adviser. Consult a SEBI-registered adviser before investing.