Fairchem Organics Ltd
Fairchem Organics Limited was established in 2019, wherein Fairchem Speciality Limited (FSL) transferred the businesses of Oleo chemicals and nutraceuticals as per the scheme of demerger. Fairchem Organics is engaged in manufacturing of specialty chemicals like dimer acid, linoleic acid, mixed tocopherol concentrate and sterols concentrate, which find application in various industries like nutraceuticals, paints, printing ink, detergents, adhesives, etc.[1]
- Market Cap ₹ 848 Cr.
- Current Price ₹ 651
- High / Low ₹ 1,308 / 542
- Stock P/E 140
- Book Value ₹ 226
- Dividend Yield 1.15 %
- ROCE 10.2 %
- ROE 7.51 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 30.3%
Cons
- The company has delivered a poor sales growth of 11.9% over past five years.
- Company has a low return on equity of 13.0% over last 3 years.
- Debtor days have increased from 42.4 to 58.4 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Commodities Chemicals Chemicals & Petrochemicals Specialty Chemicals
Part of BSE SmallCap BSE Allcap BSE Commodities
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 306 | 397 | 643 | 648 | 621 | 538 | 477 | |
| 258 | 328 | 538 | 576 | 554 | 495 | 455 | |
| Operating Profit | 49 | 69 | 105 | 72 | 67 | 43 | 22 |
| OPM % | 16% | 17% | 16% | 11% | 11% | 8% | 5% |
| 6 | 0 | 0 | 1 | 1 | 1 | 1 | |
| Interest | 7 | 7 | 7 | 6 | 4 | 4 | 3 |
| Depreciation | 6 | 7 | 7 | 8 | 9 | 11 | 11 |
| Profit before tax | 42 | 56 | 91 | 59 | 55 | 30 | 9 |
| Tax % | 18% | 24% | 26% | 26% | 26% | 27% | |
| 35 | 42 | 68 | 44 | 40 | 22 | 6 | |
| EPS in Rs | 32.62 | 52.15 | 33.41 | 31.10 | 16.87 | 4.64 | |
| Dividend Payout % | 0% | 11% | 25% | 22% | 24% | 44% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | -6% |
| TTM: | -22% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -9% |
| 3 Years: | -31% |
| TTM: | -86% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -24% |
| 1 Year: | -16% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 13% |
| Last Year: | 8% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.00 | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 127 | 156 | 219 | 246 | 277 | 289 | 281 |
| 67 | 57 | 62 | 50 | 7 | 63 | 54 | |
| 25 | 33 | 30 | 33 | 37 | 37 | 40 | |
| Total Liabilities | 219 | 259 | 324 | 342 | 334 | 402 | 388 |
| 126 | 126 | 141 | 156 | 191 | 201 | 199 | |
| CWIP | 9 | 29 | 42 | 35 | 6 | 12 | 14 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 83 | 103 | 141 | 151 | 137 | 189 | 175 | |
| Total Assets | 219 | 259 | 324 | 342 | 334 | 402 | 388 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 31 | 40 | 40 | 50 | 74 | -17 | |
| -24 | -23 | -34 | -14 | -18 | -26 | |
| -7 | -17 | -6 | -35 | -57 | 42 | |
| Net Cash Flow | 0 | 0 | -0 | 0 | 0 | 0 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 45 | 43 | 35 | 35 | 33 | 58 |
| Inventory Days | 65 | 64 | 57 | 61 | 57 | 87 |
| Days Payable | 12 | 15 | 7 | 8 | 11 | 8 |
| Cash Conversion Cycle | 98 | 91 | 85 | 89 | 80 | 137 |
| Working Capital Days | 14 | 43 | 40 | 46 | 63 | 68 |
| ROCE % | 30% | 38% | 22% | 19% | 10% |
Documents
Announcements
- Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 18h
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Announcement under Regulation 30 (LODR)-Newspaper Publication
19h - Newspaper publication regarding Postal Ballot Notice dated November 20, 2025
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Notice Of Postal Ballot Under Section 110 Of The Companies Act, 2013
1d - Buyback up to 4,25,000 shares at ₹800 each, total ₹3,400 lakhs; e-voting Nov 26–Dec 26, 2025.
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Outcome Of Board Meeting - Buy Back Of Shares Of The Company Through Tender Offer
20 Nov - Buyback up to 4,25,000 shares at ₹800 each, aggregate ₹3,400 lakhs; promoters not participating.
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Board Meeting Outcome for Outcome Of Board Meeting For Buyback Of Equity Shares Of The Company Through Tender Offer
20 Nov - Board approved buyback of up to 4,25,000 shares at ₹800, totaling ₹3,400 lakhs; shareholder approval required.
Annual reports
Concalls
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Nov 2025Transcript PPT REC
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Dec 2024Transcript PPT REC
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Nov 2024TranscriptNotesPPT
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May 2024Transcript PPT REC
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Dec 2023TranscriptNotesPPT
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Nov 2023TranscriptPPTREC
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT REC
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Nov 2022TranscriptNotesPPT
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May 2022TranscriptNotesPPT
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Feb 2022TranscriptNotesPPT
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Oct 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
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Jun 2021TranscriptNotesPPT
Business Segments
1) Oleo Chemicals (95% in FY24 vs 99% in FY22): [1] [2] The company’s key oleo chemical products include Dimer Acid, Linoleic Acid, Palmitic Acid, Monomer Acid, Isostearic Acid, etc. It is one of the only manufacturers of Linoleic Acid and Dimer Acid in India. [3]