OK Play India Ltd
Incorporated in 1988, OK Play India Ltd manufactures plastic molded products,
ranging from automotive components
to children playground equipment[1]
- Market Cap ₹ 421 Cr.
- Current Price ₹ 14.5
- High / Low ₹ 21.5 / 9.70
- Stock P/E 59.0
- Book Value ₹ 4.18
- Dividend Yield 0.00 %
- ROCE 12.0 %
- ROE 8.21 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Debtor days have improved from 91.2 to 40.4 days.
Cons
- Stock is trading at 3.56 times its book value
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -0.70%
- Company has a low return on equity of -9.31% over last 3 years.
- Promoters have pledged 81.4% of their holding.
- Earnings include an other income of Rs.11.6 Cr.
- Working capital days have increased from 77.8 days to 172 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: Plastic products Industry: Plastics Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
61 | 103 | 55 | 94 | 65 | 105 | 116 | 62 | 66 | 69 | 127 | 145 | |
47 | 85 | 67 | 75 | 51 | 82 | 88 | 52 | 52 | 62 | 104 | 127 | |
Operating Profit | 14 | 18 | -12 | 19 | 14 | 23 | 28 | 11 | 13 | 8 | 23 | 18 |
OPM % | 23% | 18% | -21% | 20% | 22% | 22% | 24% | 17% | 20% | 11% | 18% | 12% |
-4 | -3 | 21 | -9 | 1 | -4 | 2 | 4 | 3 | 4 | 0 | 12 | |
Interest | 7 | 8 | 9 | 11 | 11 | 13 | 15 | 14 | 16 | 12 | 16 | 14 |
Depreciation | 5 | 6 | 3 | 3 | 3 | 5 | 7 | 8 | 9 | 11 | 7 | 8 |
Profit before tax | -2 | 1 | -2 | -4 | 1 | 1 | 8 | -8 | -9 | -11 | 0 | 7 |
Tax % | -7% | 459% | -29% | -48% | 51% | -12% | 62% | -64% | -20% | -27% | 4,975% | 22% |
-2 | -4 | -2 | -2 | 1 | 1 | 3 | -3 | -7 | -8 | -4 | 6 | |
EPS in Rs | -0.13 | -0.24 | -0.09 | -0.11 | 0.03 | 0.04 | 0.15 | -0.14 | -0.36 | -0.43 | -0.20 | 0.20 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 3% |
5 Years: | 5% |
3 Years: | 30% |
TTM: | 14% |
Compounded Profit Growth | |
---|---|
10 Years: | 12% |
5 Years: | 13% |
3 Years: | 45% |
TTM: | 146% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | 37% |
3 Years: | 69% |
1 Year: | 18% |
Return on Equity | |
---|---|
10 Years: | -3% |
5 Years: | -9% |
3 Years: | -9% |
Last Year: | 8% |
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 | 17 | 17 | 18 | 18 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 29 |
Reserves | 20 | 16 | 17 | 15 | 26 | 24 | 43 | 40 | 33 | 25 | 20 | 92 |
68 | 70 | 84 | 83 | 91 | 113 | 111 | 121 | 119 | 129 | 133 | 77 | |
23 | 28 | 16 | 30 | 35 | 37 | 33 | 35 | 54 | 47 | 50 | 64 | |
Total Liabilities | 128 | 131 | 135 | 146 | 170 | 193 | 206 | 215 | 225 | 219 | 222 | 262 |
32 | 29 | 32 | 37 | 57 | 69 | 96 | 100 | 104 | 71 | 71 | 94 | |
CWIP | 0 | 3 | 4 | 13 | 8 | 14 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 48 | 48 | 48 |
89 | 91 | 91 | 89 | 97 | 101 | 102 | 107 | 113 | 101 | 103 | 120 | |
Total Assets | 128 | 131 | 135 | 146 | 170 | 193 | 206 | 215 | 225 | 219 | 222 | 262 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
5 | 16 | -18 | 17 | 69 | 11 | 32 | 21 | 29 | -10 | 15 | 2 | |
-2 | -4 | -7 | -16 | -19 | -23 | -20 | -12 | -12 | -13 | -8 | -32 | |
1 | -16 | 18 | -1 | -48 | 11 | -12 | -10 | -17 | 22 | -8 | 31 | |
Net Cash Flow | 4 | -4 | -6 | -0 | 1 | 0 | 0 | -1 | 0 | -0 | -1 | 1 |
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 | 209 | 96 | 189 | 149 | 163 | 75 | 53 | 59 | 48 | 143 | 91 | 40 |
Inventory Days | 261 | 166 | 152 | 170 | 498 | 317 | 356 | 796 | 743 | 591 | 401 | 205 |
Days Payable | 155 | 72 | 103 | 87 | 221 | 92 | 86 | 138 | 213 | 223 | 147 | 19 |
Cash Conversion Cycle | 316 | 190 | 238 | 232 | 440 | 300 | 323 | 718 | 578 | 510 | 344 | 227 |
Working Capital Days | 182 | 147 | 366 | 123 | 182 | 212 | 147 | 284 | 74 | 20 | 41 | 172 |
ROCE % | 8% | 12% | 7% | 14% | 9% | 15% | 15% | 4% | 4% | 0% | 9% | 12% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
1d - Certification under Reg. 74(5) of SEBI during the period from 01/04/2024 to 30/06/2024
-
Announcement Under Regulation 30 Of SEBI(LODR)Regulations,2015
10 Jul - Announcement under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirement) Regulations,2015 in relation to initiation of the proposed initial public offer by way of …
- Announcement under Regulation 30 (LODR)-Investor Presentation 1 Jul
- Closure of Trading Window 26 Jun
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Jun - Certificate under Reg. 74(5) of SEBI (DP) Regulation, 2018 for the month of May, 2024.
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
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Financial Year 2009
from bse
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Financial Year 2008
from bse
Concalls
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Jul 2024TranscriptNotesPPT
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Nov 2023TranscriptNotesPPT
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Apr 2023Transcript PPT
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Feb 2023TranscriptPPT
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Sep 2016TranscriptNotesPPT
Business Overview:[1][2]
OKPIL is an ISO 14001:2015 and ISO 45001:2018 certified largest Homegrown Toys Brand in India. It deals in Indoor Toys and Outdoor Play Equipment, School Furniture and Healthcare Products. OK Play is an acquired brand of OK Play UK, London. Company sells products under
its brand name – OK Play. It uses Roto Moulding, Blow Moulding, and Injection
Moulding techniques for their plastic moulded
products