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Last Updated on: 24 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Orient Press Ltd

About the Company - Orient Press Ltd

Orient Press Ltd. is a Public Limited Listed company incorporated on 02/01/1987 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L22219MH1987PLC042083 and registration number is 042083. Currently Company is involved in the business activities of Manufacture of paper and paper products. Company’s Total Operating Revenue is Rs. 159.38 Cr. and Equity Capital is Rs. 10.00 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Printing/Publishing/StationeryL-31, M.I.D.C., Tarapur Industrial Area, Palghar District Maharashtra 401506share@orientpressltd.com
http://www.orientpressltd.com
Management
NamePosition Held
Mr. Ramvilas MaheshwariChairman & Managing Director
Mr. Rajaram MaheshwariExecutive Director
Mr. Sanjay MaheshwariWhole Time Director
Mr. Prakash MaheshwariWhole Time Director
Mr. Ghanshyam Das MundraInd. Non-Executive Director
Mr. Kannan RamamirthamInd. Non-Executive Director
Mr. Vilas Madhukar DigheInd. Non-Executive Director
Mrs. Vinita ChhaparwalInd. Non-Executive Director

Orient Press Ltd. Share Price Update

Share PriceValue
Today₹118.59
Previous Day₹131.76

Basic Stock Data of Orient Press Ltd

Market Cap 98.0 Cr.
Current Price 98.0
High / Low132/54.0
Stock P/E
Book Value 67.8
Dividend Yield0.00 %
ROCE2.27 %
ROE4.70 %
Face Value 10.0

Data Source: screener.in

Competitors of Orient Press Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Sambhaav Media Ltd 98.0 Cr. 5.136.10/2.22 4.220.00 %2.05 %3.38 % 1.00
MPS Ltd 2,615 Cr. 1,5291,885/80924.7 2131.96 %33.7 %25.4 % 10.0
Sundaram Multi Pap Ltd 150 Cr. 3.173.70/1.95 1.990.00 %7.48 %5.77 % 1.00
Navneet Education Ltd 3,544 Cr. 157176/88.127.5 56.31.66 %19.4 %15.0 % 2.00
Sandesh Ltd 1,022 Cr. 1,3491,437/7827.98 1,4670.36 %12.9 %9.77 % 10.0
Industry Average50.8 Cr33.4612.0455.30.8%15.11%11.86%4.8

Orient Press Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales40.2835.5441.3932.0337.9942.1047.6041.4137.4844.1348.7041.5137.99
Expenses37.6733.5039.2132.2537.8142.3746.3340.9538.0442.3645.5239.8737.01
Operating Profit2.612.042.18-0.220.18-0.271.270.46-0.561.773.181.640.98
OPM %6.48%5.74%5.27%-0.69%0.47%-0.64%2.67%1.11%-1.49%4.01%6.53%3.95%2.58%
Other Income0.560.560.360.410.390.622.600.480.440.450.690.480.62
Interest1.581.541.711.581.431.501.601.571.582.072.072.031.46
Depreciation1.421.391.351.201.101.061.071.030.961.001.051.011.13
Profit before tax0.17-0.33-0.52-2.59-1.96-2.211.20-1.66-2.66-0.850.75-0.92-0.99
Tax %11.76%72.73%188.46%1.16%-5.10%13.12%-145.83%26.51%21.05%25.88%25.33%28.26%19.19%
Net Profit0.14-0.100.46-2.57-2.06-1.932.96-1.21-2.10-0.630.56-0.66-0.81
EPS in Rs0.14-0.100.46-2.57-2.06-1.932.96-1.21-2.10-0.630.56-0.66-0.81

Orient Press Ltd Quarterly Chart

Orient Press Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales162174178196203190203198167141160172172
Expenses147158167183188175188184158136159167165
Operating Profit141612141515151495158
OPM %9%9%7%7%7%8%7%7%5%4%1%3%4%
Other Income6111113122422
Interest2356665766678
Depreciation4456667866444
Profit before tax149224461-1-5-6-4-2
Tax %0%14%53%20%40%32%35%-5%-7%29%35%23%
Net Profit148122241-1-3-4-3-2
EPS in Rs17.899.501.282.382.953.083.730.99-1.40-3.47-3.60-3.39-1.54
Dividend Payout %14%26%78%42%42%41%34%76%0%0%0%0%

Orient Press Ltd Profit & Loss Yearly Chart

Orient Press Ltd Growth

Compounded Sales Growth
10 Years:0%
5 Years:-3%
3 Years:1%
TTM:1%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-50%
Stock Price CAGR
10 Years:5%
5 Years:-7%
3 Years:4%
1 Year:79%
Return on Equity
10 Years:0%
5 Years:-3%
3 Years:-6%
Last Year:-5%

Orient Press Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital88888810101010101010
Reserves49545455566072726966625958
Borrowings30455456525152555455586969
Other Liabilities26313537364958636149484741
Total Liabilities113138152157152169193200194179178186177
Fixed Assets39455247495064686560535758
CWIP06296149100101
Investments1111122222222
Other Assets74869710096103118129127118123127116
Total Assets113138152157152169193200194179178186177

Orient Press Ltd Reserves and Borrowings Chart

Orient Press Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 1294121715810105-31
Cash from Investing Activity -1-17-8-7-5-15-13-3-116-6
Cash from Financing Activity -1183-4-11-16-7-10-6-35
Net Cash Flow00-001-10-0-00-0-0

Orient Press Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days867785737180858384979180
Inventory Days78107127126111138145189240254216233
Days Payable637381715886102128148143122111
Cash Conversion Cycle101110131127124132128143176207186202
Working Capital Days83961051099890100109125172160161
ROCE %13%13%7%7%8%9%7%6%4%1%-1%2%

Orient Press Ltd Financial Efficiency Indicators Chart

Orient Press Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters73.05%73.05%73.05%73.05%73.05%73.05%73.05%73.05%73.00%73.00%73.00%72.58%
DIIs0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%
Public26.94%26.94%26.94%26.94%26.94%26.94%26.95%26.95%26.99%26.99%26.99%27.40%
No. of Shareholders2,6364,0614,1664,1364,9714,8594,8784,7694,9624,8436,2526,080

Orient Press Ltd Shareholding Pattern Chart

No. of Orient Press Ltd Shareholders

This stock is not held by any mutual fund

Orient Press Ltd ROCE Trend

Orient Press Ltd EPS Trend

Orient Press Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)-3.39-3.60-3.47-1.400.99
Diluted EPS (Rs.)-3.39-3.60-3.47-1.400.99
Cash EPS (Rs.)0.650.832.184.808.93
Book Value[Excl.RevalReserv]/Share (Rs.)69.1872.5075.9479.1881.52
Book Value[Incl.RevalReserv]/Share (Rs.)69.1872.5075.9479.1881.52
Dividend / Share (Rs.)0.000.000.000.000.75
Revenue From Operations / Share (Rs.)171.72159.38141.23167.32198.15
PBDIT / Share (Rs.)6.914.997.0611.1315.61
PBIT / Share (Rs.)2.870.551.404.927.67
PBT / Share (Rs.)-4.42-5.56-4.91-1.310.94
Net Profit / Share (Rs.)-3.38-3.60-3.47-1.400.98
PBDIT Margin (%)4.023.124.996.657.87
PBIT Margin (%)1.670.350.992.943.87
PBT Margin (%)-2.57-3.49-3.47-0.780.47
Net Profit Margin (%)-1.97-2.25-2.45-0.830.49
Return on Networth / Equity (%)-4.89-4.96-4.57-1.771.21
Return on Capital Employeed (%)3.520.681.615.477.80
Return On Assets (%)-1.82-2.01-1.93-0.720.49
Long Term Debt / Equity (X)0.140.080.080.060.13
Total Debt / Equity (X)1.000.790.650.580.60
Asset Turnover Ratio (%)0.940.890.750.841.01
Current Ratio (X)1.181.221.241.191.24
Quick Ratio (X)0.430.500.500.470.56
Inventory Turnover Ratio (X)1.641.521.221.612.10
Dividend Payout Ratio (NP) (%)0.000.000.00-64.41152.43
Dividend Payout Ratio (CP) (%)0.000.000.0018.8216.88
Earning Retention Ratio (%)0.000.000.00164.41-52.43
Cash Earning Retention Ratio (%)0.000.000.0081.1883.12
Interest Coverage Ratio (X)0.940.811.121.782.32
Interest Coverage Ratio (Post Tax) (X)0.530.410.440.771.15
Enterprise Value (Cr.)124.22119.92129.42127.87196.13
EV / Net Operating Revenue (X)0.720.750.910.760.98
EV / EBITDA (X)17.9924.0418.3311.4912.57
MarketCap / Net Operating Revenue (X)0.330.400.580.500.75
Retention Ratios (%)0.000.000.00164.41-52.43
Price / BV (X)0.820.891.091.071.84
Price / Net Operating Revenue (X)0.330.400.580.500.75
EarningsYield-0.05-0.05-0.04-0.010.01

Orient Press Ltd Profitability Ratios (%)

Orient Press Ltd Liquidity Ratios

Orient Press Ltd Liquidity Ratios (%)

Orient Press Ltd Interest Coverage Ratios (%)

Orient Press Ltd Valuation Ratios

Fair Value / Intrinsic Value of Orient Press Ltd

Fair Value: ₹48.75

The stock is overvalued by 50.25% compared to the current price ₹98

*Investments are subject to market risks

Strength and Weakness of Orient Press Ltd

StrengthWeakness
  1. The company has higher reserves (60.46 cr) compared to borrowings (53.85 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (178.15 cr) and profit (1.85 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 9.14 and average Dividend Yield of 1.96%.
  2. The stock has a low average ROCE of 6.33%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 117.33, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 147.25, which may not be favorable.

Should I Buy Orient Press Ltd?

  • Considering various financial indicators, investors might exercise caution regarding investment in Orient Press Ltd:
    1. Net Profit Margin: -1.97%
      • 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: 3.52% (Industry Average ROCE: 15.2%)
      • 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): 0.53
      • 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: 0.43
      • 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 of N/A (Industry average Stock P/E: 28.18)
      • 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: 1.00
      • 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

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 Orient Press 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