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Fine Organic Industries Ltd
NSE: FINEORG BSE: 541557
₹5167.50
(0.22%)
Tue, 15 Sept 2026, 01:56 am
Market Cap (in Cr)15824.84
PE Ratio36.16
Dividend0.21
Process Industries
Chemicals: Major Diversified
24.5KCompany History
1970
- Fine Organic Industries was founded by Late Ramesh Maganlal Shah and Prakash Damodar Kamat
1973
- The company was registered as a partnership firm under the Indian Partnership Act, 1932
- The company commissioned its first facility in Dombivli MIDC Industrial Area, the Dombivli Facility
1975
- Mukesh Maganlal Shah joined the partnership firm and expanded the business across India
1982
- Smoothex Chemicals Private Limited was incorporated for further expansion of the business
1988
- The partnership firm set up a production facility of various specialty additives, the Second Ambernath Facility
1990
- Smoothex Chemicals expanded the production facilities in Malaysia
1993
- Smoothex Chemicals expanded the production facilities in Thailand
1995
- Oleofine Organics (India) Private Limited was incorporated for expanding the capacity for polymer additives
2005
- Research and development centre was established in Mahape, Navi Mumbai
2006
- Fatty acid esters facility was commissioned in First Ambernath Facility
2008
- Polymer additives facility was commissioned in First Ambernath Facility
2010
- Polymer additives capacity was expanded in First Ambernath Facility
2011
- Amalgamation of Oleofine Organics (India) Pvt Ltd with the Company
2012
- Additional food and polymer additives facility was commissioned in First Ambernath Facility
2014
- Joint venture was signed with Zeelandia International, a Netherlands based bakery premix manufacturer
2015
- Additional food and polymer additives capacity was commissioned in First Ambernath Facility
- ISO 9001:2015 Quality management system certification for manufacture and supply of speciality chemicals for food, polymer, textile, metal, cosmetic, pharmaceutical, paints and other allied industries by BSI Assurance UK Limited
2016
- FSSC 22000 Food safety system certification for processing and bulk packing of food additives and fatty acid esters category K by BSI Assurance UK Limited
- Awarded meritorious performance in industrial safety by the National Safety Council, Maharashtra Chapter
2017
- Amalgamation of Fine Research and Development Centre Private Limited and Fine Speciality Surfactants Private Limited with the Company
- Sub-leasing of the facility and general plant and machinery at Dombivli, MIDC from Fine Organic Industries partnership firm to the Company
- GMP+ process certification for feed safety assurance in the First Ambernath Facility by Control Union Certifications
2018
- Joint venture agreement was signed with Adcotec, a German company for application, development, marketing, distribution and sales activities of food and food additives