Fine Organic Industries Limited has informed the Exchange about 24th Annual General Meeting to be scheduled on August 18, 2026
FINEORG · price
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Fine Organic Industries Limited reported standalone revenue of Rs 2,27,596.26 Lakhs for FY2026, up 3.2% from Rs 2,20,519.45 Lakhs in FY2025. However, standalone net profit declined 11.1% to Rs 34,637.57 Lakhs from Rs 38,966.25 Lakhs in the previous year. EPS decreased to Rs 112.97 from Rs 127.09. The Board recommended a final dividend of Rs 11 per share (face value Rs 5) for shareholder approval at the 24th AGM scheduled for August 18, 2026. The company also approved acquisition of 80% stake in Oleofine Organics SDN. BHD., Malaysia, and appointed Mr. Shailendra Nadkarni as Additional Independent Director for 5 years. Statutory auditors CNK & Associates LLP issued an unmodified opinion on the audited financial results.
The 11% decline in net profit despite revenue growth signals margin compression, which may concern investors. However, the clean audit opinion, dividend declaration, and international acquisition demonstrate continued shareholder focus and expansion strategy.