3 Specialty Additives Maker, Abrasives Maker and Liquid and Gas Terminals Company Stocks With a Strong Future Roadmap: Fine Organic Industries, Grindwell Norton and Aegis Logistics
- November 12, 2026
- Posted by: Harsh Piplani
- Category: Best Stocks
Fine Organic Industries, Grindwell Norton and Aegis Logistics: ROE of 14.8% to 16.4% and FY22 to FY26 revenue CAGR of 6.8% to 16.7%. Prices as of 11 Nov 2026.
Quick Answer
The three additives, abrasives and gas terminal stocks to watch are Fine Organic Industries, Grindwell Norton and Aegis Logistics. Their return on equity ranges from 14.8% to 16.4%, and their revenue compound annual growth from FY22 to FY26 ranges from 6.8% to 16.7%. Grindwell Norton has the highest return on equity at 16.4%, while Aegis Logistics has the fastest revenue growth at 16.7% a year. Prices are based on the 11 November 2026 close, and this article is educational, not investment advice.
Additives, abrasives and gas terminal stocks bring together companies with a visible plan for the years ahead. Fine Organic Industries, Grindwell Norton and Aegis Logistics cover a specialty additives maker, an abrasives maker and a liquid and gas terminals company.
This list covers three additives, abrasives and gas terminal stocks with complete current figures: Fine Organic Industries, Grindwell Norton and Aegis Logistics. Every figure comes from the latest reported financials and the 11 November 2026 market close. Companies without complete current figures were left out.
Click Here – Get Free Investment Predictions
What Are Additives, Abrasives and Gas Terminal Stocks?
Additives, abrasives and gas terminal stocks are listed companies that make oleochemical additives for food, plastics and cosmetics, produce abrasives and ceramics for industry, and run storage terminals and distribution for liquid chemicals and gas. Their earnings depend on additive demand, factory output and fuel and chemical handling volumes.
Additives, Abrasives and Gas Terminal Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Fine Organic Industries | 5,334.5 | 16,561 | 37.8 | 35.1 | 15.7 | 0.03 |
| Grindwell Norton | 1,949.1 | 20,188 | 46.1 | 44.4 | 16.4 | 0.02 |
| Aegis Logistics | 1,227.1 | 43,877 | 29.7 | 49.5 | 14.8 | 0.69 |
On valuation, Aegis Logistics trades at a P/E below the industry P/E, while Fine Organic Industries and Grindwell Norton trade above it, which reflects the growth the market already expects. Readers comparing additives, abrasives and gas terminal stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain. With the Q2 FY27 results season close, investors in additives, abrasives and gas terminal stocks can use the coming numbers to test whether growth is holding.
Why Do Additives, Abrasives and Gas Terminal Stocks Have a Strong Roadmap in India?
Additives, abrasives and gas terminal stocks have a strong roadmap in India because wider use of specialty additives, rising factory output and growing demand for gas and chemical storage keep widening the market for these companies.
- Specialty additives. Food and plastics need quality additives.
- Abrasives. Factories need grinding and finishing products.
- Terminals. Gas and chemicals need safe storage.
Why Fine Organic Industries Features Among These Additives, Abrasives and Gas Terminal Stocks
Among the additives, abrasives and gas terminal stocks on this list, Fine Organic Industries is a leading maker of oleochemical-based additives used in food, plastics, cosmetics and coatings, selling to customers in India and overseas.
The company has a return on equity of 15.7%, a debt to equity ratio of 0.03 and a market capitalisation of Rs 16,561 crore. The stock trades at a P/E of 37.8, above the industry P/E of 35.1.
Revenue rose from Rs 1,909 crore in FY22 to Rs 2,482 crore in FY26, a compound annual growth rate of 6.8%. Net profit grew from Rs 260 crore in FY22 to Rs 417 crore in FY26, which works out to a compound annual growth rate of 12.6%. In the June 2026 quarter, revenue grew 14.4% year on year to Rs 718 crore, while net profit rose 18.0% to Rs 138 crore.
Roadmap: The company holds a strong position in additives for plastics and food products and is adding capacity to meet export demand. A large net cash position and low debt give flexibility to invest in new product lines.
What to watch: Monitor raw material prices, export demand and the pace of new capacity addition.
Why Grindwell Norton Features Among These Additives, Abrasives and Gas Terminal Stocks
Among the food additive, grinding wheel and storage tank shares on this list, Grindwell Norton, a Saint-Gobain group company, makes abrasives, ceramics and plastics products, including grinding wheels, coated abrasives and silicon carbide.
Revenue rose from Rs 2,066 crore in FY22 to Rs 3,168 crore in FY26, a compound annual growth rate of 11.3%. Net profit grew from Rs 295 crore in FY22 to Rs 417 crore in FY26, which works out to a compound annual growth rate of 9.0%.
In the June 2026 quarter, revenue grew 13.8% year on year to Rs 828 crore, while net profit rose 22.1% to Rs 115 crore. The company has a return on equity of 16.4%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 20,188 crore. The stock trades at a P/E of 46.1, above the industry P/E of 44.4.
Roadmap: Demand from automobiles, steel, infrastructure and general manufacturing supports its core abrasives range, while ceramics and plastics offer higher-value niches. The group’s technology support and a debt-free balance sheet allow it to add capacity at its own pace.
What to watch: Keep tabs on industrial activity and input costs for raw materials such as silicon carbide.
Why Aegis Logistics Features Among These Additives, Abrasives and Gas Terminal Stocks
Among the three companies on this list, Aegis Logistics stores and handles liquid chemicals and gases at ports and also distributes liquefied petroleum gas to homes, industry and vehicles across India.
In the June 2026 quarter, revenue grew 38.2% year on year to Rs 2,463 crore. Revenue rose from Rs 4,670 crore in FY22 to Rs 8,660 crore in FY26, a compound annual growth rate of 16.7%.
Net profit grew from Rs 385 crore in FY22 to Rs 1,107 crore in FY26, which works out to a compound annual growth rate of 30.2%. The company has a return on equity of 14.8%, a debt to equity ratio of 0.69 and a market capitalisation of Rs 43,877 crore. The stock trades at a P/E of 29.7, below the industry P/E of 49.5.
Roadmap: The company is adding terminal capacity and growing its gas distribution network, which positions it for rising demand for cleaner fuels. Its port-linked storage assets are hard to replicate.
What to watch: Follow terminal capacity additions, gas volumes and new port projects.
Fine Organic Industries vs Grindwell Norton vs Aegis Logistics on Key Financials
The table below sets the three additives, abrasives and gas terminal stocks side by side on revenue, profit and margin, using reported figures.
| Company | FY22 Revenue (Rs Cr) | FY26 Revenue (Rs Cr) | Revenue CAGR (FY22-FY26) | FY26 Net Profit (Rs Cr) | FY26 Net Margin |
|---|---|---|---|---|---|
| Fine Organic Industries | 1,909 | 2,482 | 6.8% | 417 | 16.8% |
| Grindwell Norton | 2,066 | 3,168 | 11.3% | 417 | 13.2% |
| Aegis Logistics | 4,670 | 8,660 | 16.7% | 1,107 | 12.8% |
Grindwell Norton posts the highest return on equity in this group at 16.4%. Aegis Logistics combines the largest FY26 revenue at Rs 8,660 crore with the fastest revenue growth, a 16.7% compound annual rate. A useful habit with additives, abrasives and gas terminal stocks is to check each new quarterly result against the capacity plans the company described earlier.
The June 2026 quarter, the latest reported, gives a fresh read on momentum:
| Company | Q1 FY26 Revenue (Rs Cr) | Q1 FY27 Revenue (Rs Cr) | Year-on-Year Growth |
|---|---|---|---|
| Fine Organic Industries | 628 | 718 | 14.4% |
| Grindwell Norton | 727 | 828 | 13.8% |
| Aegis Logistics | 1,782 | 2,463 | 38.2% |
Key Risks to Check Before Investing in Additives, Abrasives and Gas Terminal Stocks
Every theme carries risks that deserve a check before any decision. For these additives, abrasives and gas terminal stocks, the main points are: Long-term food additive, grinding wheel and storage tank shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.
- Raw material costs. Ingredient and packaging prices can move margins.
- Production cycles. Vehicle output can vary with demand.
- Gas prices and rules. Gas costs and regulated tariffs can influence earnings.
Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.
Use the Univest Stock Screener to filter additives, abrasives and gas terminal stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Additives, Abrasives and Gas Terminal Stocks
Additives, abrasives and gas terminal stocks suit investors who prefer to study business strength before price moves. Fine Organic Industries, Grindwell Norton and Aegis Logistics each have a clear plan to grow. Based on the 11 November 2026 close, Fine Organic Industries trades at Rs 5,334.5, Grindwell Norton at Rs 1,949.1 and Aegis Logistics at Rs 1,227.1. Valuation matters as much as growth, so compare each company’s P/E with its industry P/E before adding any of these additives, abrasives and gas terminal stocks to a watchlist.
Download the Univest iOS App or Univest Android App to track additives, abrasives and gas terminal stocks, set price alerts and get research-backed stock ideas.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
What are additives, abrasives and gas terminal stocks?
Ans. Additives, abrasives and gas terminal stocks are listed companies that make oleochemical additives for food, plastics and cosmetics, produce abrasives and ceramics for industry, and run storage terminals and distribution for liquid chemicals and gas. Their earnings depend on additive demand, factory output and fuel and chemical handling volumes. This list looks at three of them, Fine Organic Industries, Grindwell Norton and Aegis Logistics, using reported FY22 to FY26 financials and the 11 November 2026 closing prices.
Which additives, abrasives and gas terminal stocks are covered in this list?
Ans. This list covers Fine Organic Industries, Grindwell Norton and Aegis Logistics. Based on the 11 November 2026 close, Fine Organic Industries traded at Rs 5,334.5, Grindwell Norton at Rs 1,949.1 and Aegis Logistics at Rs 1,227.1. Their return on equity ranges from 14.8% to 16.4%, and their revenue compound annual growth from FY22 to FY26 ranges from 6.8% to 16.7%.
Why do additives, abrasives and gas terminal stocks have a strong future roadmap in India?
Ans. Additives, abrasives and gas terminal stocks have a strong roadmap in India because wider use of specialty additives, rising factory output and growing demand for gas and chemical storage keep widening the market for these companies. The main drivers are as follows. Specialty additives. Food and plastics need quality additives. Abrasives. Factories need grinding and finishing products. Terminals. Gas and chemicals need safe storage. Together these factors give the companies on this list a visible path for growth over the coming years.
How has Fine Organic Industries performed financially?
Ans. Revenue rose from Rs 1,909 crore in FY22 to Rs 2,482 crore in FY26, a compound annual growth rate of 6.8%. Net profit grew from Rs 260 crore in FY22 to Rs 417 crore in FY26, which works out to a compound annual growth rate of 12.6%. In the June 2026 quarter, revenue grew 14.4% year on year to Rs 718 crore, while net profit rose 18.0% to Rs 138 crore. The company has a return on equity of 15.7%, a debt to equity ratio of 0.03 and a market capitalisation of Rs 16,561 crore. The stock trades at a P/E of 37.8, above the industry P/E of 35.1. Looking ahead, the company holds a strong position in additives for plastics and food products and is adding capacity to meet export demand. A large net cash position and low debt give flexibility to invest in new product lines.
How has Grindwell Norton performed financially?
Ans. Revenue rose from Rs 2,066 crore in FY22 to Rs 3,168 crore in FY26, a compound annual growth rate of 11.3%. Net profit grew from Rs 295 crore in FY22 to Rs 417 crore in FY26, which works out to a compound annual growth rate of 9.0%. In the June 2026 quarter, revenue grew 13.8% year on year to Rs 828 crore, while net profit rose 22.1% to Rs 115 crore. The company has a return on equity of 16.4%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 20,188 crore. The stock trades at a P/E of 46.1, above the industry P/E of 44.4. Looking ahead, demand from automobiles, steel, infrastructure and general manufacturing supports its core abrasives range, while ceramics and plastics offer higher-value niches. The group’s technology support and a debt-free balance sheet allow it to add capacity at its own pace.
How has Aegis Logistics performed financially?
Ans. Revenue rose from Rs 4,670 crore in FY22 to Rs 8,660 crore in FY26, a compound annual growth rate of 16.7%. Net profit grew from Rs 385 crore in FY22 to Rs 1,107 crore in FY26, which works out to a compound annual growth rate of 30.2%. In the June 2026 quarter, revenue grew 38.2% year on year to Rs 2,463 crore. The company has a return on equity of 14.8%, a debt to equity ratio of 0.69 and a market capitalisation of Rs 43,877 crore. The stock trades at a P/E of 29.7, below the industry P/E of 49.5. Looking ahead, the company is adding terminal capacity and growing its gas distribution network, which positions it for rising demand for cleaner fuels. Its port-linked storage assets are hard to replicate.
What risks should investors check before buying additives, abrasives and gas terminal stocks?
Ans. Investors should check a few risks before buying additives, abrasives and gas terminal stocks. Raw material costs. Ingredient and packaging prices can move margins. Production cycles. Vehicle output can vary with demand. Gas prices and rules. Gas costs and regulated tariffs can influence earnings. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.
Is this list of additives, abrasives and gas terminal stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 11 November 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.
