Oriental Carbon & Chemicals Ltd

Oriental Carbon & Chemicals Ltd

₹ 210 -74.13%
01 Jul 3:42 p.m.
About

Incorporated in 1978, Oriental Carbon & Chemicals Ltd sells Chemicals (Insoluble Sulphur, Sulphuric acid) and has other Investments[1]

Key Points

Business Overview:[1][2]
OCCL belongs to the Duncan JP Goenka Group of Companies. It is an ISO40001 and ISO45001 certified manufacturer of customised and value added grades of Insoluble Sulphur

  • Market Cap 209 Cr.
  • Current Price 210
  • High / Low 939 / 198
  • Stock P/E 4.87
  • Book Value 626
  • Dividend Yield 6.73 %
  • ROCE 9.02 %
  • ROE 7.04 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.31 times its book value

Cons

  • The company has delivered a poor sales growth of 0.70% over past five years.
  • Company has a low return on equity of 7.25% over last 3 years.
  • Working capital days have increased from 122 days to 190 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Chemicals Industry: Chemicals

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
106 81 99 95 109 136 122 103 104 109 95 88 105
68 64 77 76 93 110 102 79 79 78 74 72 81
Operating Profit 38 18 23 19 16 27 20 24 25 31 21 16 24
OPM % 36% 22% 23% 20% 15% 20% 17% 23% 24% 28% 22% 18% 23%
1 5 2 0 2 1 1 0 0 2 1 0 3
Interest 1 1 1 1 3 2 4 3 3 3 3 3 2
Depreciation 6 5 6 6 7 7 7 7 7 7 7 7 7
Profit before tax 31 16 18 13 8 18 11 13 15 22 12 6 17
Tax % 21% 24% 28% 17% 47% 24% 26% 22% 24% 32% 28% 6% 23%
25 12 13 11 4 14 8 10 12 15 8 6 13
EPS in Rs 24.78 12.43 12.64 10.58 4.33 13.98 7.78 10.44 11.55 15.31 8.36 6.07 13.27
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
225 262 283 271 297 324 383 340 341 386 463 397
168 193 210 189 208 224 261 241 219 308 366 304
Operating Profit 58 69 72 82 89 100 123 99 122 78 96 93
OPM % 26% 26% 26% 30% 30% 31% 32% 29% 36% 20% 21% 23%
5 3 12 5 6 4 7 10 2 8 2 4
Interest 13 11 8 6 5 8 8 9 6 8 13 11
Depreciation 10 10 13 16 15 16 19 20 21 23 28 29
Profit before tax 40 50 63 65 75 80 103 79 97 55 57 58
Tax % 32% 19% 18% 18% 27% 29% 28% 10% 22% 27% 24% 25%
27 40 51 53 54 57 74 72 75 40 44 43
EPS in Rs 26.59 39.28 49.84 51.47 52.61 55.12 73.81 71.58 75.07 39.99 43.75 42.99
Dividend Payout % 19% 18% 17% 17% 19% 18% 16% 14% 19% 35% 32% 0%
Compounded Sales Growth
10 Years: 4%
5 Years: 1%
3 Years: 5%
TTM: -14%
Compounded Profit Growth
10 Years: 0%
5 Years: -10%
3 Years: -17%
TTM: -3%
Stock Price CAGR
10 Years: 12%
5 Years: -7%
3 Years: -8%
1 Year: 3%
Return on Equity
10 Years: 13%
5 Years: 10%
3 Years: 7%
Last Year: 7%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 10 10 10 10 10 10 10 10 10 10 10 10
Reserves 162 194 234 276 333 378 404 458 523 547 584 616
118 104 91 73 103 117 125 154 185 188 165 138
44 49 56 58 62 68 73 57 74 86 78 78
Total Liabilities 334 356 391 417 507 573 612 679 791 831 837 842
188 193 188 183 306 308 344 338 327 437 462 449
CWIP 3 2 4 40 3 40 3 25 113 41 1 1
Investments 20 26 41 30 53 76 108 147 199 187 217 238
124 135 158 165 146 148 156 168 152 166 158 154
Total Assets 334 356 391 417 507 573 612 679 791 831 837 842

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
47 52 70 68 77 87 89 108 85 52 91 94
-27 -23 -31 -42 -84 -72 -45 -83 -123 -32 -38 -42
-20 -32 -32 -35 5 -7 -51 -3 17 -21 -52 -53
Net Cash Flow 0 -3 7 -9 -2 8 -8 22 -22 -1 0 -0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 64 66 67 65 94 85 80 72 80 76 60 68
Inventory Days 199 204 160 204 168 185 164 138 185 160 122 154
Days Payable 68 73 66 54 95 90 63 58 88 67 38 57
Cash Conversion Cycle 195 197 160 215 167 180 181 152 177 169 143 165
Working Capital Days 67 59 56 65 82 73 75 73 92 93 83 190
ROCE % 19% 21% 22% 21% 20% 18% 22% 15% 15% 8% 9%

Shareholding Pattern

Numbers in percentages

3 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
51.76% 51.76% 51.76% 51.76% 51.76% 51.76% 51.76% 51.76% 51.76% 51.76% 51.76% 51.76%
0.75% 0.79% 1.02% 1.18% 1.36% 1.40% 1.28% 1.29% 0.69% 0.74% 0.74% 0.69%
15.58% 15.23% 14.58% 14.58% 14.23% 14.14% 13.77% 13.14% 12.84% 11.75% 11.75% 11.73%
31.91% 32.22% 32.64% 32.48% 32.64% 32.70% 33.19% 33.81% 34.72% 35.74% 35.75% 35.82%
No. of Shareholders 18,54919,98919,71519,84719,80419,77119,54919,28819,06519,95220,23820,616

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls