FAIRCHEM ORGANICS LTD FUNDAMENTAL RESEARCH REPORT

Fairchem Organics (NSE: FAIRCHEMOR, BSE: 543252) turns waste from edible-oil refi ning (acid oil, ~1.25% of soft oil refi ned,and deodoriser distillate) into oleochemicals: linoleic acid (~40% of revenue, mainly paints), dimer acid (~30%, polyamides,inks, epoxy hardeners; the only Indian maker) and isostearic acid (~4-6%, cosmetics and lubricants; one of three makersworldwide). One plant at Sanand, Gujarat: 1,20,000 t/yr throughput, of which 80,000 t serves the current products. Thepromoter is Fairfax India (57.18% via FIH Mauritius and FIH Private) with the MD's family LLPs at 6.08%. Shares: 1.26 Cr of facevalue Rs 10; market cap ~Rs 947 Cr; free fl oat ~Rs 347 Cr. CMP is the 12-Oct-2026 close. Event 1 - two lost years.