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:
Revenue projections for FINEORG The projected decline in FINEORG's revenues compared to last year is expected to make investors cautious. A drop in revenue often has a direct negative effect on the company's bottom line, signaling potential challenges that could undermine investor confidence and reduce overall profitability.
Financial Ratios:
currentRatio
8.457000
forwardPE
33.567673
debtToEquity
0.122000
earningsGrowth
-0.152000
revenueGrowth
0.116000
grossMargins
0.405690
operatingMargins
0.177510
trailingEps
133.910000
forwardEps
151.680000
Fine Organic Industries Limited's current ratio of 8.457 means the company has enough liquidity to meet its short-term debt obligations. With sufficient cash reserves and current assets, Fine Organic Industries Limited can comfortably cover its liabilities, reflecting a strong financial outlook. Fine Organic Industries Limited's low earnings and revenue growth suggest that the company's profits may shrink. This trend could indicate underlying financial struggles and pose challenges for Fine Organic Industries Limited's future profitability. FINEORG's negative gross and operating margins indicate that the company is unprofitable, struggling to cover its production and operational costs. This reflects potential weaknesses in cost management or declining sales performance. FINEORG's forward EPS is higher than its trailing EPS, suggesting the company is expected to see an increase in profitability this year. This points to positive growth, indicating that FINEORG is projected to improve its financial performance compared to the previous year.
Price projections:
Price projections for FINEORG The price of FINEORG has regularly been close to the lower end of projections, suggesting that it might be struggling to meet market expectations. This trend raises questions about the company's future performance.
Recommendation changes over time:
Recommendations trend for FINEORG
The recent buy bias for Fine Organic Industries Limited from analysts signals strong confidence in the stock's potential. This positive sentiment could encourage investors to see Fine Organic Industries Limited as a smart place to invest their money, especially those looking for stable, long-term returns in a well-established company.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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