BSEOthers2d ago · 27 Jul 2026, 09:19 pm
As attached
Fine Organic Industries Ltd · 541557
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Fine Organic Industries Ltd has released its annual report for the financial year 2025-26, along with the notice of the annual general meeting to be held on August 18, 2026. The report includes financial statements, corporate governance report, and sustainability report.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Fine Organic Industries Ltd - 541557 - Reg. 34 (1) Annual Report.
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Date: July 27, 2026
To To
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Plot No. C/1, "6" Block, Exchange Plaza
Dalal Street, Bandra Kurla Complex, Bandra (East)
Mumbai - 400 001 Mumbai - 400 051
Security Code: 541557 Symbol: FINEORG
Sub: Annual Report under Regulation 34 (1) of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (‘Listing Regulations’)
Dear Sir/Madam,
Pursuant to Regulation 34 (1) of the Listing Regulations, please find enclosed herewith the Annual
Report of the Company for the Financial Year 2025-26 along with the Notice of the Annual General
Meeting to be held on Tuesday, August 18, 2026, at 11:00 a.m. (IST) through Video Conferencing
(VC)/ Other Audio-Visual Means (OAVM).
In accordance with the relevant circulars issued by the Ministry of Corporate Affairs and the Securities
and Exchange Board of India, the Annual Report along with the Notice of the Annual General Meeting
are being dispatched electronically to those Members whose email IDs are registered with the
Company/ KFin Technologies Limited (“Registrar and Transfer Agents” of the Company) /Depository
Participants.
We request you to disseminate the above information on your website.
Thanking you,
For Fine Organic Industries Limited
Pooja Lohor
Company Secretary and Compliance Officer
Membership No. A28397
Encl: as above
FINE
ORGANIC
INDUSTRIES
LIMITED
ANNUAL
REPORT
2025-26
BUILT ON STRENGTH.
DRIVEN BY GROWTH.
FINE ORGANIC INDUSTRIES LIMITED
ANNUAL REPORT 2025-26
Our Founders
Our Founders
Prakash Damodar Kamat Ramesh Maganlal Shah
October 20, 1944 - June 17, 2022 October 16, 1932 - April 25, 2008
CORPORATE OVERVIEW STATUTORY REPORTS FINANCIAL STATEMENTS
Across The Pages
About the Report
Corporate Overview 03-47 Statutory Reports 48-147 Financial Statements 148-284
About Fine Organics 06 Management Discussion and Standalone Financial The contents of this Report have been developed with a focus on the most material
Analysis Statements with Auditor’s 149
aspects of Fine Organics’ operations. These include the significant indicators of the
Journey 08 Report
Board’s Report 58
Company’s performance, its impact on and engagement with key stakeholder groups,
Product Portfolio 10 Consolidated Financial
Corporate Governance Report 78 Statements with Auditor’s 217 and its commitment to sustainability.
Operating Environment 12 Report
Business Responsibility and
Performance during the Year 14 Sustainability Report Salient Features of Financial
Statements of Subsidiaries and 283
Chairman’s Message 16 Associates This Report complies with Reporting Foundation Fine Organics’ key stakeholder
the disclosure requirements (formerly IIRC). groups include employees,
MD’s Message 18
of BSE Limited and National suppliers, customers,
Expansion and Development 20 The standalone and
Stock Exchange of India Limited shareholders, business
consolidated financial
Drivers of Consistent
22 regulations and includes all partners, local authorities and
Performance statements have been prepared
applicable eligibility criteria. the communities in which the
Built to Perform across in accordance with the Indian
Global Markets Its structure and content are Company operates.
Accounting Standards (Ind AS).
Built to Perform without aligned with the framework
Compromise guidelines issued by the Value
Built to Perform through
Technology and Innovation
Built to Perform with Inherent Investor information
Sustainability
CIN L24119MH2002PLC136003
The Supermarket
of Additives BSE Code 541557
Extending Value 34 NSE Code FINEORG
Extending Value through AGM Date August 18, 2026
People AGM Mode Video Conferencing/Other Audio Visual Means
Extending Value to
Communities For more investor-related information, please visit:
https://www.fineorganics.com/investor-annual-report/
Extending Value with
Responsible Governance Or simply scan the QR code to view the
online version of the report.
Leading with Vision and
Integrity
Message from
Independent Directors
Corporate Information 47
Disclaimer: This document contains forward-looking statements regarding expected future events, business performance, and financial results of Fine Organic Industries Limited
(‘Fine Organics’ or ‘the Company’). These statements are based on certain assumptions and are subject to inherent risks and uncertainties. Actual results may differ materially from
those expressed or implied in these forward-looking statements due to a variety of factors, including but not limited to economic conditions, market dynamics, regulatory changes,
and other unforeseen developments. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly
update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, unless required by applicable law. This document should be
read in conjunction with the assumptions, risk factors, and qualifications detailed in the Management Discussion and Analysis section of this Annual Report, which collectively form
an integral part of this disclaimer.
FINE ORGANIC INDUSTRIES LIMITED 3
CORPORATE OVERVIEW STATUTORY REPORTS FINANCIAL STATEMENTS
Seed to Scale
A bonsai is a remarkable symbol of strength, resilience, patience and purposeful growth. Though
compact in form, it represents decades of nurturing, discipline and continuous development. Much
like our company, Fine Organic Industries Limited, which has grown and evolved over more than 55
years, the bonsai reflects the enduring strength that comes from deep roots and the ability to adapt to
changing environments while staying true to one’s foundation.
The vast sea stretching beyond the bonsai symbolises opportunity and the limitless horizon of
possibilities that lie ahead. It represents the dynamic markets we serve, the evolving needs of our
customers and the expanding potential of sustainable innovation.
The open sky above signifies vision and the confidence to pursue new frontiers with optimism and
purpose.
Together, the bonsai, sea and sky capture the essence of our theme, ‘Built on Strength. Driven by
Growth.’
As a manufacturer of oleochemical derivatives rooted in the principles of green chemistry, our growth
is guided by a deep respect for nature and a commitment to creating sustainable value. Like the bonsai
that thrives through careful balance and stewardship, our business is built on the responsible use of
renewable resources, continuous improvement and long term thinking. We believe that true growth is
not merely measured by scale, but by the positive impact we create for our stakeholders, communities
and the environment.
As we look ahead, we remain firmly rooted in our values, strengthened by our legacy and inspired by
the vast possibilities that lie beyond the horizon, continuing to be Built on Strength. Driven by Growth.
4 ANNUAL REPORT 2025-26 FINE ORGANIC INDUSTRIES LIMITED 5
ABOUT FINE ORGANICS CORPORATE OVERVIEW STATUTORY REPORTS FINANCIAL STATEMENTS
Defining Numbers
Our Core VISION CULTURE
To become a preferred supplier of Conduct business with professionalism and 55 7
Strengths oleochemical-derived green additives globally responsiveness
Years of Experience Manufacturing
Rewards ideas that raise the standards in processes and
Facilities
in its operations
Fine Organic Industries Limited (‘Fine
100 600
Organics’, or ‘the Company’) has established
MISSION + +
a strong global presence as a pioneer in high-
Countries Reached SKUs (Products)
performance specialty additives with deep To use our expertise in oleochemistry and build a compelling
VALUES
portfolio of specialty green additives and ingredients for
roots in India.
various end-user applications
Integrity
The Company manufactures a comprehensive range of 40 900
To expand infrastructure for research and manufacturing To display trust, responsibility, and + +
plant-based, specialty additives used across industries such
as foods, polymers, cosm
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