Fine Organic Industries Limited (FINEORG) - Net Assets
Based on the latest financial reports, Fine Organic Industries Limited (FINEORG) has net assets worth Rs24.77 Billion INR (≈ $267.90 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs26.60 Billion ≈ $287.71 Million USD) and total liabilities (Rs1.83 Billion ≈ $19.81 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore balance sheet size of Fine Organic Industries Limited for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs24.77 Billion |
| % of Total Assets | 93.12% |
| Annual Growth Rate | 30.1% |
| 5-Year Change | 213.79% |
| 10-Year Change | 815.34% |
| Growth Volatility | 14.58 |
Fine Organic Industries Limited - Net Assets Trend (2013–2025)
This chart illustrates how Fine Organic Industries Limited's net assets have evolved over time, based on quarterly financial data. Check Fine Organic Industries Limited tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Fine Organic Industries Limited (2013–2025)
The table below shows the annual net assets of Fine Organic Industries Limited from 2013 to 2025. For live valuation and market cap data, see Fine Organic Industries Limited (FINEORG) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs22.95 Billion ≈ $248.22 Million |
+19.48% |
| 2024-03-31 | Rs19.21 Billion ≈ $207.75 Million |
+24.64% |
| 2023-03-31 | Rs15.41 Billion ≈ $166.68 Million |
+60.68% |
| 2022-03-31 | Rs9.59 Billion ≈ $103.73 Million |
+31.14% |
| 2021-03-31 | Rs7.31 Billion ≈ $79.10 Million |
+18.18% |
| 2020-03-31 | Rs6.19 Billion ≈ $66.94 Million |
+23.72% |
| 2019-03-31 | Rs5.00 Billion ≈ $54.10 Million |
+26.46% |
| 2018-03-31 | Rs3.96 Billion ≈ $42.78 Million |
+20.19% |
| 2017-03-31 | Rs3.29 Billion ≈ $35.60 Million |
+31.26% |
| 2016-03-31 | Rs2.51 Billion ≈ $27.12 Million |
+21.01% |
| 2015-03-31 | Rs2.07 Billion ≈ $22.41 Million |
+30.07% |
| 2014-03-31 | Rs1.59 Billion ≈ $17.23 Million |
+63.29% |
| 2013-03-31 | Rs975.67 Million ≈ $10.55 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Fine Organic Industries Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2510.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs22.97 Billion | 100.08% |
| Common Stock | Rs153.30 Million | 0.67% |
| Other Comprehensive Income | Rs-172.46 Million | -0.75% |
| Other Components | Rs999.00 | 0.00% |
| Total Equity | Rs22.95 Billion | 100.00% |
Fine Organic Industries Limited Competitors by Market Cap
The table below lists competitors of Fine Organic Industries Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Akr Corporindo Tbk
JK:AKRA
|
$1.64 Billion |
|
Monte Rosa Therapeutics Inc
NASDAQ:GLUE
|
$1.64 Billion |
|
Siloam International Hospitals
JK:SILO
|
$1.64 Billion |
|
Merchants Bancorp
NASDAQ:MBIN
|
$1.64 Billion |
|
TriCo Bancshares
NASDAQ:TCBK
|
$1.64 Billion |
|
Sichuan Tuopai Shede Wine Co Ltd
SHG:600702
|
$1.64 Billion |
|
Opera Ltd
NASDAQ:OPRA
|
$1.63 Billion |
|
Uwc Bhd
KLSE:5292
|
$1.63 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fine Organic Industries Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 19,210,491,000 to 22,952,304,000, a change of 3,741,813,000 (19.5%).
- Net income of 4,104,964,000 contributed positively to equity growth.
- Dividend payments of 306,550,000 reduced retained earnings.
- Other comprehensive income decreased equity by 56,552,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs4.10 Billion | +17.88% |
| Dividends Paid | Rs306.55 Million | -1.34% |
| Other Comprehensive Income | Rs-56.55 Million | -0.25% |
| Other Changes | Rs-49.00K | -0.0% |
| Total Change | Rs- | 19.48% |
Book Value vs Market Value Analysis
This analysis compares Fine Organic Industries Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 6.59x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 146.52x to 6.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | Rs33.67 | Rs4933.00 | x |
| 2014-03-31 | Rs54.97 | Rs4933.00 | x |
| 2015-03-31 | Rs71.50 | Rs4933.00 | x |
| 2016-03-31 | Rs81.78 | Rs4933.00 | x |
| 2017-03-31 | Rs107.35 | Rs4933.00 | x |
| 2018-03-31 | Rs129.02 | Rs4933.00 | x |
| 2019-03-31 | Rs163.16 | Rs4933.00 | x |
| 2020-03-31 | Rs201.86 | Rs4933.00 | x |
| 2021-03-31 | Rs238.55 | Rs4933.00 | x |
| 2022-03-31 | Rs312.85 | Rs4933.00 | x |
| 2023-03-31 | Rs502.69 | Rs4933.00 | x |
| 2024-03-31 | Rs626.57 | Rs4933.00 | x |
| 2025-03-31 | Rs748.61 | Rs4933.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fine Organic Industries Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 17.88%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.09%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 1.09x
- Recent ROE (17.88%) is below the historical average (25.81%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 21.42% | 4.21% | 1.94x | 2.62x | Rs111.40 Million |
| 2014 | 33.38% | 8.76% | 1.78x | 2.14x | Rs372.54 Million |
| 2015 | 25.67% | 8.76% | 1.63x | 1.79x | Rs324.63 Million |
| 2016 | 30.50% | 11.72% | 1.57x | 1.66x | Rs514.06 Million |
| 2017 | 23.66% | 9.99% | 1.75x | 1.35x | Rs449.59 Million |
| 2018 | 24.10% | 11.14% | 1.63x | 1.33x | Rs557.69 Million |
| 2019 | 27.23% | 12.85% | 1.51x | 1.40x | Rs861.86 Million |
| 2020 | 26.63% | 15.87% | 1.22x | 1.38x | Rs1.03 Billion |
| 2021 | 16.45% | 10.62% | 1.20x | 1.29x | Rs471.84 Million |
| 2022 | 27.07% | 13.84% | 1.52x | 1.29x | Rs1.64 Billion |
| 2023 | 40.10% | 20.45% | 1.67x | 1.17x | Rs4.64 Billion |
| 2024 | 21.44% | 19.40% | 1.01x | 1.10x | Rs2.20 Billion |
| 2025 | 17.88% | 18.09% | 0.90x | 1.09x | Rs1.81 Billion |
Industry Comparison
This section compares Fine Organic Industries Limited's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $7,836,744,171
- Average return on equity (ROE) among peers: 18.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fine Organic Industries Limited (FINEORG) | Rs24.77 Billion | 21.42% | 0.07x | $1.64 Billion |
| Aarti Industries Limited (AARTIIND) | $10.22 Billion | 20.14% | 1.87x | $1.94 Billion |
| Aarti Surfactants Limited (AARTISURF) | $2.33 Billion | 6.25% | 1.05x | $35.86 Million |
| ABM International Limited (ABMINTLLTD) | $144.26 Million | 2.21% | 2.40x | $4.36 Million |
| Advanced Enzyme Technologies Limited (ADVENZYMES) | $8.67 Billion | 14.91% | 0.13x | $386.36 Million |
| Aether Industries Limited (AETHER) | $22.26 Billion | 7.12% | 0.19x | $2.08 Billion |
| Akzo Nobel India Limited (AKZOINDIA) | $8.48 Billion | 17.72% | 1.40x | $1.60 Billion |
| Alkali Metals Limited (ALKALI) | $248.88 Million | 53.44% | 1.06x | $9.35 Million |
| Alkyl Amines Chemicals Limited (ALKYLAMINE) | $659.11 Million | 6.27% | 2.85x | $1.01 Billion |
| Ami Organics Limited (AMIORG) | $274.24 Million | 46.15% | 2.37x | $1.18 Billion |
| Anupam Rasayan India Limited (ANURAS) | $25.08 Billion | 7.21% | 0.51x | $1.56 Billion |
About Fine Organic Industries Limited
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, bakery products, starch complexity agents, viscosity modifiers, anti-blooming agents, anti-splattering agents, anti-crystallisers, and nutrition… Read more