Fine Organic Industries (FINEORG) Q2 26/27 earnings summary

Executive summary

• Q2 FY27 revenue rose 21.3% standalone and 22.1% consolidated YoY; H1 FY27 PAT increased 43.8% standalone and 28.6% consolidated.

• Acquired 80% of Malaysia-based Oleofine Organics and approved a further Rs 120 crore investment in the SEZ subsidiary’s manufacturing project.

Financial highlights

• Standalone Q2 revenue was Rs 693.49 crore, up 21.3% YoY; EBITDA was Rs 169.4 crore, up 56.4%, and PAT was Rs 135.14 crore, up 41.7%.

• Standalone H1 revenue was Rs 1,361.56 crore, up 20.4% YoY; EBITDA was Rs 342.5 crore, up 58.9%, and PAT was Rs 270.64 crore, up 43.8%.

• Consolidated Q2 revenue was Rs 729.39 crore, up 22.1% YoY; EBITDA was Rs 184.9 crore, up 36.8%, and PAT was Rs 152.12 crore, up 40.1%.

• Consolidated H1 revenue was Rs 1,423.56 crore, up 20.1% YoY; EBITDA was Rs 360.9 crore, up 39.5%, and PAT was Rs 290.26 crore, up 28.6%.

• Consolidated PBT before exceptional items was Rs 196.59 crore in Q2 and Rs 380.14 crore in H1, versus Rs 142.02 crore and Rs 292.39 crore YoY.

Segment performance

• Business activity falls within one primary operating segment: manufacturing of specialty chemicals.