Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Last Updated on: 22 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Omfurn India Ltd

About the Company - Omfurn India Ltd

Omfurn India Ltd. is a Public Limited Listed company incorporated on 13/11/1997 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L20200MH1997PLC111887 and registration number is 111887. Currently Company is involved in the business activities of Construction of buildings carried out on own-account basis or on a fee or contract basis. Company’s Total Operating Revenue is Rs. 30.84 Cr. and Equity Capital is Rs. 6.81 Cr. for the Year ended 31/03/2022.
Plastics - Plastic & Plastic ProductsNo.109, Gundecha Industrial Complex, Mumbai Maharashtra
NamePosition Held
Mr. Rajendra C VishwakarmaManaging Director
Mr. Mahendra C VishwakarmaWhole Time Director
Mr. Narendra C VishwakarmaDirector
Mr. Parag S EdwankarIndependent Director
Mr. Prasad N ChirravuriIndependent Director
Mr. Sudhir J ShahIndependent Director
Ms. Geeta ShettyIndependent Director

Omfurn India Ltd. Share Price Update

Share PriceValue
Previous Day₹96.00

Basic Stock Data of Omfurn India Ltd

Market Cap 74.6 Cr.
Current Price 91.2
High / Low98.7/31.0
Stock P/E16.7
Book Value 34.9
Dividend Yield0.00 %
ROCE18.6 %
ROE16.7 %
Face Value 10.0

Data Source:

Competitors of Omfurn India Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Parin Furniture Ltd 145 Cr. 130140/64.637.4 44.60.00 %8.26 %5.67 % 10.0
Avro India Ltd 134 Cr. 132155/93.733.2 26.60.00 %20.5 %17.8 % 10.0
Mayur Uniquoters Ltd 2,303 Cr. 524618/41520.0 1840.38 %17.8 %14.4 % 5.00
TPL Plastech Ltd 560 Cr. 71.878.0/26.931.8 15.20.83 %17.2 %13.9 % 2.00
Pil Italica Lifestyle Ltd 350 Cr. 14.917.6/5.9574.4 3.060.00 %6.28 %4.47 % 1.00
Industry Average238.2 Cr174.5439.3654.690.24%14.01%11.25%5.6

Omfurn India Ltd Quarterly Results

MonthSep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023
Operating Profit1.282.44-0.070.830.331.474.312.885.00
OPM %7.97%10.34%-1.38%5.40%2.58%8.14%18.19%6.19%11.32%
Other Income0.380.450.460.920.730.730.360.490.57
Profit before tax0.131.31-1.220.22-0.220.973.201.674.10
Tax %-23.08%35.88%1.64%-13.64%-18.18%4.12%25.62%7.78%28.54%
Net Profit0.160.83-1.190.26-0.260.942.371.532.93
EPS in Rs0.201.01-1.450.32-0.321.152.891.873.57

Omfurn India Ltd Quarterly Chart

Omfurn India Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Operating Profit2.352.102.403.363.983.253.553.004.050.711.807.257.88
OPM %10.26%9.33%12.21%8.41%9.23%10.74%10.77%8.75%10.21%3.47%5.84%10.32%8.69%
Other Income0.
Profit before tax1.730.981.131.962.842.372.500.151.44-0.990.754.865.77
Tax %35.26%36.73%32.74%33.16%33.80%32.07%24.00%193.33%14.58%5.05%9.33%19.96%
Net Profit1.120.620.761.311.871.611.90-0.141.23-0.930.683.914.46
EPS in Rs18.6710.3312.6721.8331.172.682.32-0.171.50-1.130.834.775.44
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Omfurn India Ltd Profit & Loss Yearly Chart

Omfurn India Ltd Growth

Compounded Sales Growth
10 Years:12%
5 Years:16%
3 Years:21%
Compounded Profit Growth
10 Years:20%
5 Years:16%
3 Years:55%
Stock Price CAGR
10 Years:%
5 Years:51%
3 Years:121%
1 Year:110%
Return on Equity
10 Years:7%
5 Years:4%
3 Years:5%
Last Year:17%

Omfurn India Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital0.500.500.500.500.505.006.816.816.816.816.816.816.81
Other Liabilities4.216.816.988.838.176.907.478.9911.339.679.9120.0920.73
Total Liabilities16.4723.3724.0126.4130.2930.2341.2245.9845.9246.6547.6757.1868.27
Fixed Assets6.479.969.498.609.278.498.1313.9012.6010.8710.1310.9610.78
Other Assets5.5513.4114.5217.8121.0220.6424.9030.9231.6635.2337.3445.1256.07
Total Assets16.4723.3724.0126.4130.2930.2341.2245.9845.9246.6547.6757.1868.27

Omfurn India Ltd Reserves and Borrowings Chart

Omfurn India Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 0.00-0.232.98-0.35-0.807.92-1.59-0.785.142.721.233.04
Cash from Investing Activity 0.00-1.31-0.180.13-0.96-1.04-7.46-0.53-0.661.770.04-2.75
Cash from Financing Activity 0.003.36-0.88-0.991.96-5.568.212.22-4.35-0.29-1.88-3.09
Net Cash Flow0.001.821.93-

Omfurn India Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days49.73149.7680.6279.92105.51131.40176.96173.40113.36165.45155.4099.53
Inventory Days50.6044.63171.5461.2444.11139.52112.96179.02185.68431.58279.83138.62
Days Payable55.48119.42108.6260.6042.2798.31102.97113.69114.58187.63105.1588.27
Cash Conversion Cycle44.8574.97143.5480.57107.35172.61186.95238.73184.46409.40330.08149.88
Working Capital Days25.0276.6669.1059.2887.82137.67163.23200.22150.25338.05250.91106.23
ROCE %16.10%10.55%10.48%15.08%18.79%14.30%11.95%5.20%8.52%1.62%5.62%18.65%

Omfurn India Ltd Financial Efficiency Indicators Chart

Omfurn India Ltd Share Holding Pattern

MonthMar 2018Sep 2018Mar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023
No. of Shareholders199199196184177189184174166164149216

Omfurn India Ltd Shareholding Pattern Chart

No. of Omfurn India Ltd Shareholders

This stock is not held by any mutual fund

Omfurn India Ltd ROCE Trend

Omfurn India Ltd EPS Trend

Omfurn India Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
Basic EPS (Rs.)5.731.00-1.371.45-0.21
Diluted EPS (Rs.)5.731.00-1.371.45-0.21
Cash EPS (Rs.)7.372.680.643.762.54
Book Value[Excl.RevalReserv]/Share (Rs.)37.7532.0131.0132.3830.93
Book Value[Incl.RevalReserv]/Share (Rs.)37.7532.0131.0132.3830.93
Revenue From Operations / Share (Rs.)103.1045.2730.0258.2350.34
PBDIT / Share (Rs.)11.814.793.107.095.07
PBIT / Share (Rs.)
PBT / Share (Rs.)7.141.10-1.452.100.20
Net Profit / Share (Rs.)5.731.00-1.371.45-0.20
PBDIT Margin (%)11.4510.5810.3112.1710.07
PBIT Margin (%)9.866.883.618.204.60
PBT Margin (%)6.932.43-4.823.610.41
Net Profit Margin (%)5.562.21-4.562.49-0.41
Return on Networth / Equity (%)15.193.12-4.424.48-0.67
Return on Capital Employeed (%)22.727.592.6511.885.51
Return On Assets (%)6.831.43-2.002.15-0.31
Long Term Debt / Equity (X)
Total Debt / Equity (X)0.440.730.650.510.69
Asset Turnover Ratio (%)1.340.650.440.860.79
Current Ratio (X)1.611.841.811.631.78
Quick Ratio (X)0.891.020.930.891.12
Inventory Turnover Ratio (X)2.751.341.072.422.69
Interest Coverage Ratio (X)3.902.381.222.652.40
Interest Coverage Ratio (Post Tax) (X)2.891.500.451.540.90
Enterprise Value (Cr.)43.0817.7113.5612.4222.36
EV / Net Operating Revenue (X)0.610.570.660.310.65
EV / EBITDA (X)5.355.436.432.576.47
MarketCap / Net Operating Revenue (X)0.490.240.300.080.28
Price / BV (X)1.350.340.290.150.46
Price / Net Operating Revenue (X)0.490.240.300.080.28

Omfurn India Ltd Profitability Ratios (%)

Omfurn India Ltd Liquidity Ratios

Omfurn India Ltd Liquidity Ratios (%)

Omfurn India Ltd Interest Coverage Ratios (%)

Omfurn India Ltd Valuation Ratios

Fair Value / Intrinsic Value of Omfurn India Ltd

Fair Value: ₹99.28

The stock is undervalued by 8.86% compared to the current price ₹91.2

*Investments are subject to market risks

Strength and Weakness of Omfurn India Ltd

  1. The company has higher reserves (13.78 cr) compared to borrowings (10.72 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (38.28 cr) and profit (1.96 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 4.29 and average Dividend Yield of 1.71%.
  2. The stock has a low average ROCE of 11.41%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 138.70, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 176.95, which may not be favorable.

Should I Buy Omfurn India Ltd Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in Omfurn India Ltd:
    1. Net Profit Margin: 5.56%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 22.72% (Industry Average ROCE: 14.04%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. Interest Coverage Ratio (Post Tax): 2.89
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    4. Quick Ratio: 0.89
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    5. ✓ Stock P/E: 16.7 (Industry average Stock P/E: 41.92)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    6. ✓ Total Debt / Equity: 0.44
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

About the Author

Author Avatar

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Omfurn India Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE