Earnings decline continues; expensive valuations

Company
02 Aug 2024
5 Min read 
  • Aman Chowdhary and Sumant Kumar estimate changes in Fine Organic Industries.
  •  The company's financials and valuations show a decline in earnings.
  •  The company is awaiting approval for land deed and has incorporated a WOS.
  •  Exports account for 55% of the total revenue for FINEORG.
  •  The company is expected to have a YoY earnings decline for the next two years.
  •  The company's operating performance is in line, but valuations are expensive.
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