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 ₹ 1,231 Cr.
- Current Price ₹ 946
- High / Low ₹ 1,553 / 747
- Stock P/E 56.0
- Book Value ₹ 232
- Dividend Yield 0.79 %
- ROCE 10.1 %
- ROE 7.42 %
- 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 | |
---|---|---|---|---|---|---|
306 | 397 | 643 | 648 | 621 | 538 | |
258 | 328 | 538 | 576 | 554 | 495 | |
Operating Profit | 49 | 69 | 105 | 72 | 67 | 43 |
OPM % | 16% | 17% | 16% | 11% | 11% | 8% |
6 | 0 | 0 | 1 | 1 | 1 | |
Interest | 7 | 7 | 7 | 6 | 4 | 4 |
Depreciation | 6 | 7 | 7 | 8 | 9 | 11 |
Profit before tax | 42 | 56 | 91 | 59 | 55 | 30 |
Tax % | 18% | 24% | 26% | 26% | 26% | 27% |
35 | 42 | 68 | 44 | 40 | 22 | |
EPS in Rs | 32.62 | 52.15 | 33.41 | 31.10 | 16.87 | |
Dividend Payout % | 0% | 11% | 25% | 22% | 24% | 44% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 12% |
3 Years: | -6% |
TTM: | -13% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -9% |
3 Years: | -31% |
TTM: | -46% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -13% |
1 Year: | -31% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 19% |
3 Years: | 13% |
Last Year: | 7% |
Balance Sheet
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
Equity Capital | 0.00 | 13 | 13 | 13 | 13 | 13 |
Reserves | 127 | 156 | 219 | 246 | 277 | 289 |
67 | 57 | 62 | 50 | 7 | 63 | |
25 | 33 | 30 | 33 | 37 | 37 | |
Total Liabilities | 219 | 259 | 324 | 342 | 334 | 402 |
126 | 126 | 141 | 156 | 191 | 201 | |
CWIP | 9 | 29 | 42 | 35 | 6 | 12 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 |
83 | 103 | 141 | 151 | 137 | 189 | |
Total Assets | 219 | 259 | 324 | 342 | 334 | 402 |
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 | 80 |
Days Payable | 12 | 15 | 7 | 8 | 11 | 8 |
Cash Conversion Cycle | 98 | 91 | 85 | 89 | 80 | 131 |
Working Capital Days | 67 | 72 | 69 | 74 | 67 | 111 |
ROCE % | 30% | 38% | 22% | 19% | 10% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Credit Rating
5 Jun - Fairchem's bank facilities downgraded from CARE A+ to CARE A and CARE A1+ to CARE A1 by CARE Ratings.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
3 Jun - Q4 FY25 revenue INR121Cr, EBITDA INR4Cr; customs duty impacts margins; new product Isostearic acid growth expected FY26.
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Audio Recording Of Earnings Con-Call
30 May - Audio recording of earnings call for Q4 and FY ended March 31, 2025 submitted.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
29 May - Fairchem Organics submits Secretarial Compliance Report confirming full SEBI regulation compliance for FY 2024-25.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
29 May - Newspaper publication of Audited Financial Results for the Quarter and Year Ended March 31, 2025.
Annual reports
Concalls
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Jun 2025Transcript PPT
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Feb 2025Transcript PPT
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Dec 2024Transcript PPT REC
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Nov 2024TranscriptNotesPPT
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Aug 2024Transcript PPT
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Jun 2024TranscriptNotesPPT
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May 2024Transcript PPT REC
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Feb 2024Transcript PPT REC
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Dec 2023TranscriptNotesPPT
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Nov 2023TranscriptPPT
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Nov 2023Transcript PPT REC
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Aug 2023Transcript PPT REC
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Jun 2023Transcript PPT
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Feb 2023Transcript PPT
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Nov 2022TranscriptNotesPPT
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Aug 2022Transcript PPT
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Aug 2022TranscriptNotesPPT
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Jul 2022TranscriptNotesPPT
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Jun 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]