FINE ORGANIC IND chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 516.09
Dividend & Yield6.00₹ (0.15%)
Beta -0.11
Market capitalization 138.31B
Operating cash flow N/A
ESG Scores unknown

Company description

Fine Organic Industries Limited manufactures, processes, supplies, distributes, and imports oleochemical-based additives in India and internationally. It provides food additives, such as emulsifiers, antifungal additives, and other specialty additive blends; plastic additives, including dispersing agents, processing aids, anti-stats, flow improvers, lubricants, mould release agents, slip agents, and antifogging additives for polymers, polymer compounds and masterbatches, foamed products, PVC products, and engineering plastics; cosmetics and pharmaceuticals additives; coating additives; and additives for other specialty application in various industries. The company was founded in 1970 and is headquartered in Mumbai, India.

Sector: Basic Materials - Industry: Specialty Chemicals

Financial Ratios
Quick Ratio3.2
Working Capital0.26
Return On Equity0.16
Debt To Equity0.08
Fixed Asset Ratio0
Fixed Interest Cover29.3

Financial data

Financial Statements

Cashflow Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Change To Liabilities 57.98M -165.59M 323.66M 214.35M
Total Cashflows From Investing Activities -515.11M -933.9M -847.39M -402.58M
Net Borrowings 1.08B 1.08B -13.61M -347.17M
Total Cash From Financing Activities -168.98M 924.07M -367.3M -398.64M
Change To Operating Activities -163.97M -234.53M 282.7M -219.62M
Issuance Of Stock
Net Income 953.27M 1.36B 1.65B 1.2B
Change In Cash -33M 974.52M 975.42M 533.09M
Effect Of Exchange Rate
Total Cash From Operating Activities 651.09M 984.35M 2.19B 1.33B
Depreciation 200.24M 173.97M 344.52M 463.2M
Change To Account Receivables -360.8M -91.33M 228.91M -284.42M
Other Cashflows From Financing Activities 60.97M 57.89M -16.43M 40.5M
Change To Netincome -66.29M -59.57M -215.45M -101.84M
Capital Expenditures -519.27M -817.73M -721.58M -462.65M

Income Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Research Development
Income Before Tax 1.51B 2.31B 2.16B 1.62B
Net Income 953.27M 1.36B 1.65B 1.2B
Selling General Administrative 529.55M 638.07M 738.71M 803.8M
Gross Profit 2.88B 3.94B 4.18B 3.98B
Ebit 1.39B 2.17B 2.06B 1.53B
Operating Income 1.39B 2.17B 2.06B 1.53B
Interest Expense -20.93M -6.29M -38.07M -52.24M
Income Tax Expense 558.6M 945.22M 513.22M 418.08M
Total Revenue 8.56B 10.6B 10.38B 11.33B
Cost Of Revenue 5.67B 6.66B 6.2B 7.36B
Total Other Income ExpenseNet 124.29M 137.61M 99.04M 90.61M
Net Income From Continuing Ops 953.27M 1.36B 1.65B 1.2B
Net Income Applicable To Common Shares 953.27M 1.36B 1.65B 1.2B

Balance Sheet Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Total Liabilities 1.34B 2.02B 2.33B 2.16B
Total Stockholder Equity 3.96B 5B 6.19B 7.31B
Other Current Liabilities 78.18M 108.42M 90.44M 100.95M
Total Assets 5.3B 7.02B 8.52B 9.47B
Common Stock 153.3M 153.3M 153.3M 153.3M
Other Current Assets 786.92M 737.14M 402.95M 605.08M
Retained Earnings 3.7B 4.8B 6.04B 7.15B
Treasury Stock 104.7M 47.31M -7.39M 6.31M
Cash 106.7M 1.08B 2.06B 2.59B
Total Current Liabilities 1.34B 1.05B 1.34B 1.54B
Other Stockholder Equity 104.7M 47.31M -7.39M 6.31M
Property, Plant, and Equipment 1.2B 1.84B 2.22B 2.22B
Total Current Assets 3.33B 4.34B 5.24B 6.2B
Net Tangible Assets 3.95B 5B 6.18B 7.31B
Net Receivables 1.51B 1.6B 1.39B 1.66B
Accounts Payable 699.44M 533.85M 857.51M 1.07B


Insider Transactions

Here are the insider transactions of stock shares related to FINE ORGANIC IND:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Shah (R M) HUFSale at price 52.62 per share.D2022-03-25Promoter500

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to FINE ORGANIC IND. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on FINE ORGANIC IND

Here is the result of two systematic investment strategies applied to FINE ORGANIC IND. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on FINE ORGANIC IND

The following chart shows the equity curve of the two systematic investment strategies applied to FINE ORGANIC IND:

FINE ORGANIC IND automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 99.06% on the backtest period.

Performance at glance

Performance

99.06 %

Latent gain

19788.0 ₹

Invested capital

19976.25 ₹

Annualized return

24.4 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on FINE ORGANIC IND

This is the result of two momentum investment strategies applied to FINE ORGANIC IND. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on FINE ORGANIC IND

The following chart shows all the entries opened by the momentum investment system on FINE ORGANIC IND:

FINE ORGANIC IND momentum entries
  • The first momentum investment strategy would give 236.02% of return on FINE ORGANIC IND. That represents 21723.7₹ of latent gain with 9204.05₹ of employed capital.
  • The second momentum investment strategy would give 166.95% of return on FINE ORGANIC IND. That represents 16579.1₹ of latent gain with 9930.4₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

236.02 %

Latent gain

21723.7 ₹

Invested capital

9204.05 ₹

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

166.95 %

Latent gain

16579.1 ₹

Invested capital

9930.4 ₹

Annualized return

46.63 %

Momentum equity curve on FINE ORGANIC IND

The following chart shows the equity curve of the two momentum strategies applied to FINE ORGANIC IND:

FINE ORGANIC IND momentum equity

Note: the dividends potentially given by FINE ORGANIC IND are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on FINE ORGANIC IND

The following chart shows the employed capital evolution of the two momentum strategies on FINE ORGANIC IND since the beginning:

FINE ORGANIC IND

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on FINE ORGANIC IND

Buy the dip entry openings on FINE ORGANIC IND

FINE ORGANIC IND

The performance achieved by the robo-advisor on FINE ORGANIC IND is 0%. That represents 0.0$ of latent gain with 0.0₹ of employed capital. The following chart shows FINE ORGANIC IND stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of FINE ORGANIC IND, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 ₹

Invested capital

0.0 ₹

Annualized return

0.0 %

Equity curve of the strategy applied to FINE ORGANIC IND

The following chart shows the result of the investment strategy applied to FINE ORGANIC IND:

FINE ORGANIC IND

Note: the dividends potentially given by FINE ORGANIC IND are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on FINE ORGANIC IND

The following chart shows the employed capital evolution since the beginning of the investment strategy on FINE ORGANIC IND:

FINE ORGANIC IND

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on FINE ORGANIC IND

In this section, I will compare the three previous investment strategies applied to FINE ORGANIC IND.

Equity curve comparison on FINE ORGANIC IND

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

FINE ORGANIC IND investment strategy comparison

Employed capital comparison on FINE ORGANIC IND

FINE ORGANIC IND investment comparison

Performance comparison on FINE ORGANIC IND

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 99.06% 19788.0₹ 19976.25₹ 24.4%
Momentum 1 quarter 236.02% 21723.7₹ 9204.05₹ 61.79%
Momentum 2 quarters 166.95% 16579.1₹ 9930.4₹ 46.63%
Non-directional 0% 0.0₹ 0.0₹ 0.0%
Annualized return comparison

Automatic investment

24.4 %

Momentum 1Q

46.63 %

Momentum 2Q

46.63 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with FINE ORGANIC IND:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between FINE ORGANIC IND and the other stocks. There may be false positives or some missing correlated stocks. If the price of FINE ORGANIC IND does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name FINE ORGANIC IND
Country India
City Mumbai
Address Fine House
Phone 91 22 2102 5000
Website www.fineorganics.com
FullTime employees 723
Industry Specialty Chemicals
Sector Basic Materials
Exchange XNSE
Ticker FINEORG.XNSE
Market

FINE ORGANIC IND ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown