Fairchem Organics Q2 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹801 Cr
- P/E
- 53.03
- ROE
- 2.19%
- PEG
- -1.12
- Price to sales
- 1.59
- Debt to equity
- 0.32
- 52W high / low
- ₹847 / ₹433
- Sales growth (5Y)
- 3.00%
- EBITDA margin
- 6.79%
- Net profit margin
- 1.34%
- Promoter holding
- 63.25%
- Sales (last year)
- ₹505 Cr
Guidance scorecard · Q2 FY27 call
What Fairchem Organic's management guided
RevenueQ1 FY27 call
10–20%- The company aims to increase capacity utilization by 10-20% over the year, targeting around 75% utilization by FY27-end from the current ~60%.
- They plan quarterly volume growth of 5-7%, aiming for 15-20% revenue growth by the year's end.
- Growth is expected to come both from volume increases and better price realizations due to reduced dumping and supply constraints.
- The ramp-up of new capacity (40,000 MT oleochemical plant) is expected post-trial runs with better margins than current operations.
- Isostearic acid, currently 4% of sales, has a longer gestation but anticipated to contribute positively by FY27, with expected 80% utilization in 1-2 years.
2 more points from Fairchem Organic's call on revenue
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MarginsQ1 FY27 call
FlatSee what Fairchem Organic said on margins — free account, 30 seconds.
CapexQ1 FY27 call
Planned- Fairchem Organics is starting a new 40,000 metric tons capacity plant from Q2 FY27.
- This new capacity is for products in the oleochemical family, not for EV batteries.
- They will begin trial runs and plan to ramp up capacity once stabilized.
- Margins from this new plant are expected to be better than current margins.
- The company plans to increase capacity utilization by 10-20% over the year as a key strategy.
2 more points from Fairchem Organic's call on capex
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FundraisingQ1 FY27 call
See what Fairchem Organic said on fundraising — free account, 30 seconds.
Order bookQ1 FY27 call
- It indicates ongoing strong demand with intentions to increase capacity utilization by 10-20%, targeting 5% growth each quarter.
- Management discussed receiving around 7-8 large enquiries/customers seeking supply alternatives, implying a healthy inquiry pipeline.
- Customers are cautious about long-term contracts due to market volatility, preferring flexible quantity and pricing terms.
- The company is focusing on ramping up capacity and market share rather than committing to fixed long-term orders.
2 more points from Fairchem Organic's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
This quarter's potential multibaggers
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Financials of Fairchem Organic
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Shareholder Pattern
Fairchem Organic
Shareholding breakup across reporting periods.
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters + | 58.89% | 58.89% | 58.71% | 58.71% | 61.20% | 61.20% | 61.20% | 61.20% | 61.20% | 63.25% | 63.25% | 63.25% |
| FIIs + | 6.22% | 6.29% | 6.29% | 6.36% | 6.31% | 6.31% | 6.28% | 6.18% | 6.34% | 6.35% | 6.34% | 6.37% |
| DIIs + | 5.28% | 5.26% | 5.16% | 5.16% | 5.16% | 5.69% | 5.77% | 5.77% | 5.42% | 3.99% | 2.80% | 1.42% |
| Public + | 29.61% | 29.56% | 29.84% | 29.79% | 27.33% | 26.80% | 26.76% | 26.86% | 27.05% | 26.40% | 27.60% | 28.96% |
| No. of Shareholders | 31,665 | 31,496 | 31,601 | 31,171 | 30,267 | 29,823 | 29,051 | 28,990 | 32,298 | 26,622 | 25,690 | 24,621 |
Financials of Fairchem Organic
Quarterly Results
Quarter-by-quarter operating performance
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 152 | 148 | 161 | 165 | 139 | 114 | 121 | 131 | 112 | 100 | 117 | 176 | 167 |
| Expenses + | 135 | 128 | 142 | 143 | 130 | 106 | 116 | 126 | 107 | 96 | 109 | 158 | 149 |
| Operating Profit | 17 | 20 | 19 | 22 | 9 | 8 | 4 | 5 | 4 | 4 | 8 | 18 | 18 |
| OPM % | 11% | 13% | 12% | 13% | 6% | 7% | 3.7% | 4.0% | 3.8% | 4.2% | 7% | 10% | 10% |
| Other Income + | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 1 | 0 | 0 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 |
| Depreciation | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Profit before tax | 14 | 17 | 16 | 19 | 5 | 5 | 1 | 2 | 1 | -0 | 5 | 14 | 14 |
| Tax % | 26% | 26% | 26% | 26% | 27% | 25% | 47% | 27% | 35% | -48% | 22% | 27% | 26% |
| Net Profit + | 10 | 12 | 12 | 14 | 4 | 4 | 1 | 1 | 1 | -0 | 4 | 10 | 10 |
| EPS in Rs | 7.90 | 9.47 | 9.03 | 10.64 | 3.08 | 2.70 | 0.45 | 0.90 | 0.59 | -0.08 | 2.93 | 7.95 | 8.07 |
Financials of Fairchem Organic
Profit & Loss
Annual income statement trend
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales + | 306 | 397 | 643 | 648 | 621 | 538 | 460 | 560 |
| Expenses + | 258 | 328 | 538 | 576 | 554 | 495 | 438 | 513 |
| Operating Profit | 49 | 69 | 105 | 72 | 67 | 43 | 22 | 48 |
| OPM % | 16% | 17% | 16% | 11% | 11% | 8% | 4.7% | 8% |
| Other Income + | 6 | 0 | 0 | 1 | 1 | 1 | 0 | 0 |
| Interest | 7 | 7 | 7 | 6 | 4 | 4 | 4 | 5 |
| Depreciation | 6 | 7 | 7 | 8 | 9 | 11 | 11 | 11 |
| Profit before tax | 42 | 56 | 91 | 59 | 55 | 30 | 7 | 32 |
| Tax % | 18% | 24% | 26% | 26% | 26% | 27% | 24% | |
| Net Profit + | 35 | 42 | 68 | 44 | 40 | 22 | 6 | 24 |
| EPS in Rs | 32.62 | 52.15 | 33.41 | 31.10 | 16.87 | 4.40 | 18.87 | |
| Dividend Payout % | 0% | 11% | 25% | 22% | 24% | 44% | 0% |
Financials of Fairchem Organic
Balance Sheet
Capital structure and asset base
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.00 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 127 | 156 | 219 | 246 | 277 | 289 | 250 | 269 |
| Borrowings + | 67 | 57 | 62 | 50 | 7 | 63 | 84 | 70 |
| Other Liabilities + | 25 | 33 | 30 | 33 | 37 | 37 | 44 | 46 |
| Total Liabilities | 219 | 259 | 324 | 342 | 334 | 402 | 391 | 398 |
| Fixed Assets + | 126 | 126 | 141 | 156 | 191 | 201 | 196 | 207 |
| CWIP | 9 | 29 | 42 | 35 | 6 | 12 | 18 | 8 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets + | 83 | 103 | 141 | 151 | 137 | 189 | 176 | 183 |
| Total Assets | 219 | 259 | 324 | 342 | 334 | 402 | 391 | 398 |
Financials of Fairchem Organic
Cash Flows
Operating, investing and financing cash movement
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 31 | 40 | 40 | 50 | 74 | -17 | 42 |
| Cash from Investing Activity + | -24 | -23 | -34 | -14 | -18 | -26 | -14 |
| Cash from Financing Activity + | -7 | -17 | -6 | -35 | -57 | 42 | -28 |
| Net Cash Flow | 0 | 0 | -0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 1 | 17 | 6 | 35 | 57 | -42 | 28 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 82% | 77% | 60% | 88% | 131% | -15% | 180% |
Financials of Fairchem Organic
Ratios
Working capital efficiency and return ratios
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 45 | 43 | 35 | 35 | 33 | 58 | 54 |
| Inventory Days | 65 | 64 | 57 | 61 | 57 | 87 | 96 |
| Days Payable | 12 | 15 | 7 | 8 | 11 | 8 | 12 |
| Cash Conversion Cycle | 98 | 91 | 85 | 89 | 80 | 137 | 139 |
| Working Capital Days | 14 | 43 | 40 | 46 | 63 | 68 | 53 |
| ROCE % | 30% | 38% | 22% | 19% | 10% | 3% |
Guidance history
How Fairchem Organic's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q1 FY27 call → | 10–20% | Flat | Planned | — | — |
| Q4 FY26 call → | 20–40% | Up 2%+ | Planned | None planned | — |
| Q3 FY26 call → | 10–20% | Up 2%+ | None planned | None planned | — |
| Q2 FY26 call → | 0–10% | Up 2%+ | None planned | — | — |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
25 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | −15.6% | 43% |
| Last 6 months | +11.4% | 70% |
| Last 3 months | −20.2% | 21% |
The price is 71.3% below its all-time high of ₹2,217 (14 Oct 2022). Stocks more than 20% below their peak have their score halved, so 50 became 25.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Fairchem Organic: 0.4 × 43 + 0.4 × 70 + 0.2 × 21 = 50, halved to 25 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 30 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What Fairchem Organic's management said in earlier quarters
- Q2 FY27 earnings call analysis →
- Q1 FY27 earnings call analysis →
- Q4 FY26 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q1 FY26 earnings call →
- Q4 FY25 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
- Q1 FY24 earnings call →