Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 25 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Oricon Enterprises Ltd

About the Company - Oricon Enterprises Ltd

Oricon Enterprises Ltd. is a Public Limited Listed company incorporated on 07/12/1968 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L28100MH1968PLC014156 and registration number is 014156. Currently Company is involved in the business activities of Production of liquid and gaseous fuels, illuminating oils, lubricating oils or greases or other products from crude petroleum or bituminous minerals. Company’s Total Operating Revenue is Rs. 504.02 Cr. and Equity Capital is Rs. 31.41 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Packaging & ContainersNo.1076, Dr. E Moses Road, Worli, Mumbai Maharashtra 400018share@ocl-india.com
http://www.oriconenterprises.com
Management
NamePosition Held
Mr. Susheel G SomaniChairman
Mr. Adarsh SomaniManaging Director
Mr. B K ToshniwalExecutive Director
Mr. Sumant MimaniIndependent Director
Mr. K G GuptaIndependent Director
Mr. Shravan Kumar MalaniIndependent Director
Mr. Vijay BhatiaIndependent Director
Mrs. Mamta BiyaniIndependent Director
Mrs. Sujata Parekh KumarDirector
Mr. Varun SomaniDirector

Basic Stock Data of Oricon Enterprises Ltd

Last Updated: June 14, 2024, 10:04 pm

Market Cap 603 Cr.
Current Price 38.4
High / Low49.3/21.4
Stock P/E
Book Value 74.8
Dividend Yield1.30 %
ROCE0.69 %
ROE0.68 %
Face Value 2.00
PEG Ratio0.00

Competitors of Oricon Enterprises Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
VIP Industries Ltd 6,754 Cr. 476723/428124 47.80.94 %10.4 %8.23 % 2.00
Uflex Ltd 3,374 Cr. 467500/37189.0 1,0010.63 %6.27 %0.51 % 10.0
Safari Industries (India) Ltd 10,169 Cr. 2,0852,315/1,37157.8 1690.13 %31.2 %28.2 % 2.00
SMVD Poly Pack Ltd 13.4 Cr. 13.416.6/7.60 30.40.00 %7.64 %24.3 % 10.0
BKM Industries Ltd 11.2 Cr. 1.712.50/0.65 0.210.00 %%38.4 % 1.00
Industry Average1,692.84 Cr340.6431.88191.940.52%12.98%81.00%7.30

Oricon Enterprises Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales113.18144.18119.46106.93133.79145.86190.40114.14124.61155.69139.1689.50115.65
Expenses112.28131.48111.50113.94122.73133.92169.29106.60126.00143.87124.6583.46112.90
Operating Profit0.9012.707.96-7.0111.0611.9421.117.54-1.3911.8214.516.042.75
OPM %0.80%8.81%6.66%-6.56%8.27%8.19%11.09%6.61%-1.12%7.59%10.43%6.75%2.38%
Other Income18.750.20137.47-4.273.428.715.987.863.373.077.4013.109.57
Interest3.173.823.373.333.173.341.720.982.242.002.082.322.55
Depreciation7.987.658.708.108.417.227.977.777.639.148.678.6010.01
Profit before tax8.501.43133.36-22.712.9010.0917.406.65-7.893.7511.168.22-0.24
Tax %-11.41%306.29%3.52%-8.63%83.79%8.82%13.97%34.14%12.55%36.00%23.03%14.23%541.67%
Net Profit9.47-2.95128.66-24.670.479.2114.984.37-6.902.418.607.051.06
EPS in Rs0.370.038.26-0.830.130.570.960.27-0.440.150.550.450.07

Last Updated: April 10, 2024, 4:22 am

Oricon Enterprises Ltd Quarterly Chart

Oricon Enterprises Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales9739928871,0481,1651,1671,0141,119890437504603509
Expenses8718627879561,0791,0589411,014793420478562478
Operating Profit1021301009286110731069616264031
OPM %10%13%11%9%7%9%7%9%11%4%5%7%6%
Other Income342526904755493735251422027
Interest131616162822181817141379
Depreciation27374038566672759033323334
Profit before tax96102701294975324924-61232015
Tax %33%32%38%34%34%34%30%18%-6%-27%7%26%
Net Profit646943853250224026-71141511
EPS in Rs3.763.392.122.751.192.401.142.311.44-0.128.140.950.71
Dividend Payout %12%13%21%16%42%0%44%22%56%-401%12%53%

Oricon Enterprises Ltd Profit & Loss Yearly Chart

Growth

Compounded Sales Growth
10 Years:-5%
5 Years:-10%
3 Years:-12%
TTM:-13%
Compounded Profit Growth
10 Years:-10%
5 Years:-6%
3 Years:-16%
TTM:-50%
Stock Price CAGR
10 Years:6%
5 Years:10%
3 Years:22%
1 Year:82%
Return on Equity
10 Years:2%
5 Years:1%
3 Years:-1%
Last Year:1%

Last Updated: May 1, 2024, 9:11 am

Oricon Enterprises Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital21212131313131313131313131
Reserves5135465656006128658218468348921,1201,0021,100
Preference Capital111111000000000
Borrowings13618519836840167554249126723216789107
Other Liabilities357383392517486394384418367309215113114
Total Liabilities1,0261,1351,1751,5161,5311,9661,7791,7871,5001,4641,5351,2341,352
Fixed Assets485543537726860836752776756716541551567
CWIP3921839331015142922202320
Investments4974141181195349281329188286505232349
Other Assets453516479571443771732668528440469429416
Total Assets1,0261,1351,1751,5161,5311,9661,7791,7871,5001,4641,5351,2341,352

Oricon Enterprises Ltd Reserves and Borrowings Chart

Oricon Enterprises Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 307690139248-35102159272833425
Cash from Investing Activity -66-72-94-224-213-20059-868-5311874
Cash from Financing Activity 4714-1978-38267-160-91-276-15-176-91
Net Cash Flow1018-23-7-3321-18415-247

Oricon Enterprises Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days3451557457637395751229670
Inventory Days56586311277277377172142209130108
Days Payable537275101615998781031168555
Cash Conversion Cycle3638438673280353189114215141122
Working Capital Days313838851714316211894185148118
ROCE %13%13%9%8%5%6%3%4%3%0%1%2%

Oricon Enterprises Ltd Financial Efficiency Indicators Chart

Oricon Enterprises Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters66.32%66.28%66.83%66.92%66.92%66.92%66.97%66.97%66.97%66.96%66.96%66.96%
FIIs5.71%5.71%4.19%3.84%3.57%0.01%0.07%0.12%0.02%0.03%0.00%0.01%
DIIs1.60%1.60%1.60%1.59%1.59%1.59%1.59%1.59%1.59%1.59%1.59%1.59%
Public26.38%26.42%27.38%27.65%27.92%31.47%31.37%31.32%31.41%31.41%31.44%31.43%
No. of Shareholders23,34922,13024,63826,44526,59727,22127,38228,01228,12428,68031,66037,618

Oricon Enterprises Ltd Shareholding Pattern Chart

No. of Oricon Enterprises Ltd Shareholders

This stock is not held by any mutual fund

Oricon Enterprises Ltd ROCE Trend

Oricon Enterprises Ltd EPS Trend

Oricon Enterprises Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)1.910.968.14-0.121.44
Diluted EPS (Rs.)1.910.968.14-0.121.44
Cash EPS (Rs.)2.443.089.314.877.38
Book Value[Excl.RevalReserv]/Share (Rs.)74.8252.4363.4256.2952.49
Book Value[Incl.RevalReserv]/Share (Rs.)74.8265.7776.7568.9365.13
Revenue From Operations / Share (Rs.)9.3338.3632.4640.3158.67
PBDIT / Share (Rs.)0.003.993.634.778.23
PBIT / Share (Rs.)-0.501.911.55-0.552.47
PBT / Share (Rs.)-0.631.359.92-0.671.54
Net Profit / Share (Rs.)1.931.007.23-0.441.63
NP After MI And SOA / Share (Rs.)1.910.948.13-0.121.44
PBDIT Margin (%)-0.0510.3911.1711.8214.02
PBIT Margin (%)-5.444.984.76-1.364.21
PBT Margin (%)-6.753.5030.57-1.662.62
Net Profit Margin (%)20.722.6122.27-1.102.77
NP After MI And SOA Margin (%)20.472.4625.06-0.302.44
Return on Networth / Equity (%)2.551.8013.55-0.263.37
Return on Capital Employeed (%)-0.632.741.88-0.723.36
Return On Assets (%)2.081.198.32-0.131.50
Long Term Debt / Equity (X)0.040.040.030.080.10
Total Debt / Equity (X)0.090.100.170.280.39
Asset Turnover Ratio (%)0.100.430.370.290.41
Current Ratio (X)4.013.062.581.931.48
Quick Ratio (X)3.792.332.141.491.10
Inventory Turnover Ratio (X)0.513.272.441.571.61
Dividend Payout Ratio (NP) (%)0.00105.656.140.0090.51
Dividend Payout Ratio (CP) (%)0.0033.104.890.0018.08
Earning Retention Ratio (%)0.00-5.6593.860.009.49
Cash Earning Retention Ratio (%)0.0066.9095.110.0081.92
Interest Coverage Ratio (X)-0.018.794.314.917.29
Interest Coverage Ratio (Post Tax) (X)0.273.481.09-0.532.27
Enterprise Value (Cr.)672.17329.50700.87583.39491.00
EV / Net Operating Revenue (X)4.590.541.370.920.53
EV / EBITDA (X)-8998.285.2612.317.793.80
MarketCap / Net Operating Revenue (X)3.900.430.960.440.16
Retention Ratios (%)0.00-5.6593.850.009.48
Price / BV (X)0.480.310.520.380.23
Price / Net Operating Revenue (X)3.900.430.960.440.16
EarningsYield0.050.050.25-0.010.14

Oricon Enterprises Ltd Profitability Ratios (%)

Oricon Enterprises Ltd Liquidity Ratios

Oricon Enterprises Ltd Liquidity Ratios (%)

Oricon Enterprises Ltd Interest Coverage Ratios (%)

Oricon Enterprises Ltd Valuation Ratios

Fair Value

Fair Value: 7.73

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Overvalued: 79.87% compared to the current price 38.4

Default values used*: Deafault value of 15 for Stock P/E is used

Intrinsic Value: 6.71

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Overvalued: 82.53% compared to the current price ₹38.4

Default values used*: Deafault value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: -13.19%

*Investments are subject to market risks

Strength and Weakness of Oricon Enterprises Ltd

StrengthWeakness
  1. The company has higher reserves (793.54 cr) compared to borrowings (2.54 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (446.15 cr) and profit (59.85 cr) over the years.
  1. The stock has a low average ROCE of 5.58%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 98.08, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 140.83, which may not be favorable.

Should I Buy Oricon Enterprises Ltd Now?

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Oricon Enterprises Ltd:
    1. Net Profit Margin: 20.72%
      • 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: -0.63% (Industry Average ROCE: %)
      • 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. ROE%: 2.55% (Industry Average ROE: %)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 0.27
      • 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.
    5. Quick Ratio: 3.79
      • 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.
    6. ✗ Stock P/E: (Industry average Stock P/E: )
      • 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.
    7. Total Debt / Equity: 0.09
      • 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 is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

FAQ

What is the latest fair value of Oricon Enterprises Ltd?

The latest fair value of Oricon Enterprises Ltd is ₹7.73.

What is the Market Cap of Oricon Enterprises Ltd?

The Market Cap of Oricon Enterprises Ltd is 603 Cr..

What is the current Stock Price of Oricon Enterprises Ltd as on 24 June 2024?

The current stock price of Oricon Enterprises Ltd as on 24 June 2024 is ₹38.4.

What is the High / Low of Oricon Enterprises Ltd stocks in FY 2024?

In FY 2024, the High / Low of Oricon Enterprises Ltd stocks is 49.3/21.4.

What is the Stock P/E of Oricon Enterprises Ltd?

The Stock P/E of Oricon Enterprises Ltd is .

What is the Book Value of Oricon Enterprises Ltd?

The Book Value of Oricon Enterprises Ltd is 74.8.

What is the Dividend Yield of Oricon Enterprises Ltd?

The Dividend Yield of Oricon Enterprises Ltd is 1.30 %.

What is the ROCE of Oricon Enterprises Ltd?

The ROCE of Oricon Enterprises Ltd is 0.69 %.

What is the ROE of Oricon Enterprises Ltd?

The ROE of Oricon Enterprises Ltd is 0.68 %.

What is the Face Value of Oricon Enterprises Ltd?

The Face Value of Oricon Enterprises Ltd is 2.00.

About the Author

Author Avatar
Getaka

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 Oricon Enterprises 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 getaka.co.in 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