Fine Organic Industries Ltd. · NSE:FINEORG
Fine Organic Industries — Investor Presentation (May 2025)
36 slides from Fine Organic Industries's investor presentation, May 9, 2025
Slide 1: Regulation 30 disclosure cover letter to exchanges
Date: May 9, 2025 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 Subject: Disclosure of information
Slide 2: Investor Presentation May'25
Investor Presentation May’ 25
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Fine Organic Industries Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for a
Slide 4: Making Things Better
Expertise in Oleochemistry An established and reputed international player of specialty additives, rooted in India A Technical Pinch of salt in the end product making a HUGE difference in the product performance Making Things Better®️ We create Specialty additives for diverse applications, Solution-
Slide 5: Why FINE additives are preferred?
Why FINE additives are preferred? Green additives from FINE have Increasing consumer awareness for successfully substituted potentially, environment has resulted in harmful chemicals across various remarkable preference for ‘Green’ and industries like plastics, packaging, ‘Sustainable’ products food
Slide 6: High-Performance Environment-Friendly Additives
High- Performance Environment -Friendly Additives
Slide 7: Over 50 years of Journey
Over 50 years of Journey 1970 1973-1988 2001-2002 2005-2006 2008-2012 Established as ‘Fine Organic Commissioned first food Commissioned facility at Established R&D Centre in Navi Expanded capacity addition Industries’, a partnership firm by additives facility in Dombivli Badlapur Mumbai phase wise i
Slide 8: A Fine Family
A Fine Family 865+ Employee Strength Creating and encouraging home grown leadership with the signature Fine Organics character comprising integrity, trust, fairness and strong values >18% Women Employees Employees completed 25 years of Integrity is both a value as well as a character that is >11% In
Slide 9: Strength Formulae for Success of FINE ORGANICS
Strength Formulae for Success of FINE ORGANICS Strong R&D & Diversified Product Specialized Business 01 Innovation led Business 02 Portfolio 03 Model Diversified Customer Highly Experienced 04 Base 05 Management Team 06 Dominant Position Technology Development + Relentless Focus = Innovative Product
Slide 10: 1. Strong R&D: Innovative Approach
1. Strong R&D : Innovative Approach Focus on Developing New Improving Process Exploring Expanding Products Technology New Markets Capacities Strong R&D Capabilities In-House Design and Engineering New Product Developments ▪ Value Creation; Effective and Efficient ▪ In-house capabilities for plant de
Slide 11: With Industry Standards and Regulatory Credentials
With Industry Standards and Regulatory Credentials ▪ Setting new benchmarks in quality and consistency ▪ High safety and productivity standards ▪ Products are appreciated by customers worldwide for their consistent quality and packaging standards Fine’s facilities are fully geared towards meeting gr
Slide 12: 2. Diversified Product Portfolio: Multiple End-users
2. Diversified Product Portfolio : Multiple End-users 01 02 03 04 ▪ Pioneer in ▪ The diversity of ▪ Our product range for ▪ Using our manufacturing of oleochemistry has CosPha (Cosmetics oleochemistry food emulsifiers in enabled us to and Pharmaceuticals) expertise, we have India develop a wide rang
Slide 13: 2. Diversified Product Portfolio: Multiple End-users
2. Diversified Product Portfolio : Multiple End-users Food Polymer Additives for Emollients for Feed Nutrition Specialty Additives Additives Coatings Cosmetics Additives Additives Additives for Used for various Used as anti-settling Enables manufacturing Replaces harmful A wide range of maintaining
Slide 14: 3. Specialised Business Model: Entry Barriers
3. Specialised Business Model : Entry Barriers Limited ▪ Limited & small players in Indian specialty additives market. Globally Few players which are very large Players ▪ Fine Organics : Largest organised player in the Indian market & is making its presence across the globe ▪ Lengthy & expensive pro
Slide 15: 4. Diversified Customer Base
4. Diversified Customer Base Warehouses in USA & Europe Products 600+ End Users 5,400+ Countries 80+ Direct Customers 890+ Distributors 240+ Map not to scale. All data, information and maps are provided “as is” without warranty or any representation of accuracy, timeliness or completeness As on 31st
Slide 16: 5. Highly Experienced Board of Directors
5. Highly Experienced Board of Directors Mukesh Shah Jayen Shah Tushar Shah Chairman Managing Director Executive Director and CEO • Joined in 1973. Holds a Bachelor’s • Joined in 1986. Holds a Master’s degree • Joined in 1989 and led several degree in Science in Science initiatives like ERP, CRM, et
Slide 17: 6. Dominant Position
6. Dominant Position Pioneers and the Fully automated One of the few One of the few One of the few largest manufacturers production facility global players in global players in leading players to of oleochemical- multiple the specialty the specialty develop proprietary based additives in production
Slide 18: Our Sustainable Value Creation Framework
Our Sustainable Value Creation Framework Intellectual Manufacturing Financial Capital Human Capital Social Capital Natural Capital Capital Capital We are dedicated to Investing in research Our manufacturing We prioritise the well- Sustainability and We prioritise the creating value for all and consu
Slide 19: Industry growth potential factors
Industry growth potential factors Key Additives & End-Use Industry Growth Drivers Ingredients Applications FOOD ADDITIVES ▪ Emulsifiers ▪ Bakery products ▪ Increased consumption ▪ Anti-fungal agents ▪ Confectionery ▪ Increased number of end-user ▪ Beverage cloudifier ▪ Biscuits applications ▪ Anti-c
Slide 20: Industry growth potential factors
Industry growth potential factors Key Additives & End-Use Industry Growth Drivers Ingredients Applications ▪ Growing health and safety awareness in FEED NUTRITION ADDITIVES ▪ Natural antibiotics ▪ Poultry feeds the food processing ▪ Nutritional additives ▪ Cattle feeds ▪ industry ▪ Anti-fungal addit
Slide 21: Financial Highlights
- ~~ — Financial Highlights —_ : an a
Slide 22: Q4 & FY25 Business Highlights
Q4 & FY25 Business Highlights • In FY25, the domestic and export revenue were 43% and 57%, respectively, while in Q4FY25, they stood at 44% and 56% of the revenue from operations • Raw material prices increased from Q2FY25 onwards and remained elevated thereon; however, expected to stabilise further
Slide 23: RM Prices Volatility
RM Prices Volatility 3100 Price in Rs / 10 KG 2600 2100 1600 1100 600 Nov-24 Nov-23 Dec-24 Jul-23 Aug-23 Dec-23 Jul-24 Aug-24 May-23 May-24 Apr-23 Sep-23 Oct-23 Jan-24 Mar-24 Apr-24 Jan-25 Mar-25 Jun-23 Feb-24 Jun-24 Sep-24 Oct-24 Feb-25 SOYA REFINED OIL RAPESEED EXP OIL PALMOLIEN COTTON REF OIL RIC
Slide 24: Standalone Performance Highlights
Standalone Performance Highlights Revenues EBITDA PAT Rs in Crores 576 108 108 89 89 525 Q3FY25 Q4FY25 Q3FY25 Q4FY25 Q3FY25 Q4FY25 2,205 481 481 390 1,951 368 FY24 FY25 FY24 FY25 FY24 FY25 23
Slide 25: FY25 Standalone Operating Performance
FY25 Standalone Operating Performance Revenues EBITDA & Margins Rs in Crores 17.1% 18.8% 25.8% 24.7% 21.8% +18% +26% 3,029 781 2,205 1,858 1,951 68% 481 481 1,121 52% 57% 349 60% Exports 55% 192 Domestic 40% 32% 48% 43% 45% FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 PAT & Margins Cash PAT & M
Slide 26: Use of Capital (Standalone)
Use of Capital (Standalone) Net Debt to Equity Fixed Asset Turnover Net Cash Position 12.26x 8.75x -0.13x 7.10x -0.16x 7.39x 7.77x 4.90x -0.24x 5.40x 3.37x 3.21x 3.26x 2.34x -0.31x 2.29x -0.40x FY20 FY21 FY22 FY23 FY24 FY25 -0.52x FY20 FY21 FY22 FY23 FY24 FY25 Fixed Asset Turnover (Gross) = Net Reve
Slide 27: Standalone Return Profile
Standalone Return Profile Return on Capital Return on Net Worth Employed 47.34% 38.80% 26.15% 30.35% 22.82% 19.75% 17.57% 19.37% 15.55% 17.55% FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 Return on Capital Employed = EBIT (excluding Other Income) / (Total Return on Net Worth = Net Profit After
Slide 28: Standalone Profit & Loss Statement
Standalone Profit & Loss Statement Particulars (Rs in Crs) Q4FY25 Q4FY24 YoY Q3FY25 QoQ FY25 FY24 YoY Revenue from Operations 576.2 521.5 10.5% 525.1 9.7% 2,205.2 1,951.1 13.0% Cost of Raw Material Consumed 361.8 294.2 322.4 1,331.8 1,119.9 Gross Profit 214.5 227.4 -5.7% 202.7 5.8% 873.4 831.2 5.1%
Slide 29: Standalone Balance Sheet
Standalone Balance Sheet Assets (Rs in Crs) Mar-25 Mar-24 Equity & Liabilities (Rs in Crs) Mar-25 Mar-24 Non-current assets Equity Property, plant and equipment 249.8 262.5 Equity share capital 15.3 15.3 Capital work-in-progress 26.8 29.7 Other equity 2,202.6 1,846.0 Intangible assets 2.2 1.7 Right
Slide 30: Consolidated Performance Highlights
Consolidated Performance Highlights Revenues EBITDA PAT Rs in Crores 607 120 97 517 103 83 Q3FY25 Q4FY25 Q3FY25 Q4FY25 Q3FY25 Q4FY25 2,269 534 412 410 2,123 513 FY24 FY25 FY24 FY25 FY24 FY25 29
Slide 31: FY25 Consolidated Operating Performance
FY25 Consolidated Operating Performance Revenues EBITDA & Margins Rs in Crores +19% 17.5% 19.4% 27.5% 25.2% 22.6% 3,023 27% 2,123 2,269 1,876 831 1,133 534 513 364 198 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 PAT & Margins Cash PAT & Margins 10.6% 13.8% 20.4% 19.4% 18.1% 14.7% 16.0% 22.0% 2
Slide 32: Use of Capital (Consolidated)
Use of Capital (Consolidated) Net Debt to Equity Fixed Asset Turnover Net Cash 12.24x Position -0.18x 7.17x 8.04x -0.23x 6.11x 4.95x -0.32x 4.18x 5.19x 3.40x 3.25x -0.41x 2.29x 2.37x 2.77x -0.55x FY20 FY21 FY22* FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 Fixed Asset Turnover (Gross) = Net Revenue from
Slide 33: Consolidated Return Profile
Consolidated Return Profile Return on Capital Return on Net Worth Employed 49.82% 40.10% 27.09% 31.80% 21.44% 24.74% 17.88% 20.03% 16.45% 18.41% FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 Return on Capital Employed = EBIT (excluding Other Income and including Return on Net Worth = Net Profit
Slide 34: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Particulars (Rs in Crs) Q4FY25 Q4FY24 YoY Q3FY25 QoQ FY25 FY24 YoY Revenue from Operations 606.8 546.9 11.0% 516.8 17.4% 2,269.1 2,123.0 6.9% Cost of Raw Material Consumed 366.6 305.7 310.9 1,328.6 1,217.0 Gross Profit 240.2 241.2 -0.4% 206.0 16.6% 940.6 905.9 3.
Slide 35: Consolidated Balance Sheet
Consolidated Balance Sheet Assets (Rs in Crs) Mar-25 Mar-24 Equity & Liabilities (Rs in Crs) Mar-25 Mar-24 Non-current assets Equity Property, plant and equipment 358.3 262.5 Equity share capital 15.3 15.3 Capital work-in-progress 27.2 29.7 Other equity 2,279.9 1,905.7 Intangible assets 2.6 1.7 Righ
Slide 36: THANK YOU
THANK YOU Company: CIN: L24119MH2002PLC136003 Ms. Sonali Bhadani Chief Financial Officer investors@fineorganics.com Investor Relations Advisors: CIN: U74140MH2010PTC204285 Mr. Mandar Chavan / Mr. Rahul Agarwal +91 9699382195 / +91 9821438864 Email: mandar.chavan@sgapl.net / rahul.agarwal@sgapl.net w
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