Because its not a EPC company. Its a power generation company

New Features in v1.5!
I’m excited to share the latest updates to Screener Specter! Based on valuable feedback, these improvements will make your experience on Screener.in even better for stock analysis.

What’s New in the Latest Update:

• Expanded Valuation Insights: The extension now offers deeper insights into P/E, P/B, EV/EBITDA, and Market Cap/Sales ratios. These additions make it easier to spot potential undervaluation or overvaluation scenarios.

• Improved Percentile Scoring: We’ve refined the scoring system, so high scores indicate more favorable valuation opportunities, while lower scores highlight potential overvaluation. Days with negative P/E values are excluded for better accuracy.

• TradingView Chart Links: To enhance your charting experience, TradingView links are now integrated, offering more in-depth analysis options.

• Improved User Interface: The UI has been enhanced to offer a smoother and more intuitive experience, making it even easier to access the insights you need.

Thanks for your continued feedback—these updates are driven by your input and will help Screener Specter keep evolving!

A proxy player to multiple industries with multiple end users

Fine Organic Industries Limited was established in 1970.

It is a leading Indian producer of eco-friendly additives made from oleochemicals. The company excels in creating specialised additives for a wide range of industries, such as food, polymers, packaging, cosmetics, coatings, and animal feed nutrition.

Below is the PE chart of the company:

(Source: Company page of Finology Ticker)

Q1FY25 Business Highlights:

• Revenue Distribution:

  • Domestic revenue accounted for 45%, while export revenue contributed 55%.
  • There’s been a notable shift in the revenue mix over the past two years.

• Domestic Demand: Strong demand continues to support the domestic market.

• International Market Conditions:

  • The US market is showing signs of recovery.
  • The European market remains dragging and continues to slow down.

• Operational Challenges:

  • The Red Sea crisis and container shortages have increased lead times and freight costs.
  • Volatile vegetable oil prices, affected by weather conditions, continue to put cost pressure on the company.

• Plant Operations: All production facilities operate at an optimal capacity except for the Patalganga plant, which has the potential for further expansion.

• Expansion Efforts:

  • A new wholly-owned subsidiary, Fine Organic Industries (SEZ) Private Limited, has been established in the Maharashtra SEZ area.
  • Land payments are completed, and a lease deed execution from JNPA is awaiting.
  • The company’s joint venture in Thailand has started production trials.
  • It is currently undergoing product standardisation.

The above Q1FY25 standalone operating performance reflects Fine Organic Industries Limited’s dynamic growth phase.

The company’s ability to balance domestic and international market demands and strategic expansion efforts positions it well for continued success despite facing operational challenges.

Btw: today was the tentative date for the final hearing…don’t know the outcome.