Oceanic Foods Ltd
₹ 47.2
-4.94%
26 Nov
- close price
About
Incorporated in 1993, Oceanic Foods Ltd is in processing and sales of dehydrated vegetables[1]
Key Points
- Market Cap ₹ 53.1 Cr.
- Current Price ₹ 47.2
- High / Low ₹ 83.6 / 41.0
- Stock P/E 13.8
- Book Value ₹ 32.0
- Dividend Yield 0.00 %
- ROCE 10.3 %
- ROE 7.78 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 6.95% over past five years.
- Company has a low return on equity of 9.07% over last 3 years.
- Company might be capitalizing the interest cost
- Debtor days have increased from 62.9 to 84.5 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: FMCG Industry: Food - Processing - Indian
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 50 | 71 | 81 | 63 | 78 | 82 | 78 | 91 | 106 | 124 | 89 | 110 | 132 | |
| 46 | 70 | 76 | 57 | 72 | 77 | 73 | 85 | 102 | 118 | 83 | 104 | 124 | |
| Operating Profit | 4 | 2 | 5 | 6 | 7 | 5 | 6 | 6 | 5 | 6 | 6 | 5 | 8 |
| OPM % | 8% | 2% | 6% | 9% | 9% | 6% | 7% | 7% | 4% | 5% | 6% | 5% | 6% |
| 0 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | |
| Interest | 2 | 2 | 3 | 3 | 3 | 2 | 2 | 2 | 1 | 2 | 1 | 0 | 2 |
| Depreciation | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 2 | 2 | 2 | 2 | 3 | 2 | 3 | 4 | 3 | 3 | 4 | 4 | 5 |
| Tax % | 33% | 30% | 33% | 34% | 35% | 34% | 24% | 24% | 25% | 22% | 27% | 36% | |
| 1 | 1 | 1 | 2 | 2 | 1 | 2 | 3 | 2 | 3 | 3 | 3 | 4 | |
| EPS in Rs | 15.25 | 16.25 | 15.38 | 1.89 | 1.78 | 1.14 | 2.17 | 2.57 | 1.96 | 2.37 | 2.68 | 2.25 | 3.42 |
| Dividend Payout % | 5% | 5% | 5% | 4% | 5% | 7% | 2% | -0% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 7% |
| 3 Years: | 1% |
| TTM: | 57% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 36% |
| 5 Years: | 1% |
| 3 Years: | 5% |
| TTM: | 78% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -5% |
| 3 Years: | -14% |
| 1 Year: | 56% |
| Return on Equity | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 10% |
| 3 Years: | 9% |
| Last Year: | 8% |
Balance Sheet
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.25 | 0.25 | 0.25 | 3 | 4 | 4 | 4 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 5 | 7 | 8 | 7 | 14 | 15 | 17 | 12 | 14 | 17 | 20 | 23 | 25 |
| 20 | 20 | 21 | 25 | 17 | 19 | 20 | 13 | 14 | 12 | 1 | 17 | 29 | |
| 5 | 9 | 10 | 4 | 10 | 6 | 5 | 8 | 9 | 11 | 9 | 16 | 10 | |
| Total Liabilities | 30 | 35 | 39 | 39 | 44 | 43 | 46 | 45 | 49 | 52 | 42 | 66 | 75 |
| 11 | 12 | 12 | 10 | 12 | 13 | 14 | 14 | 13 | 13 | 13 | 14 | 16 | |
| CWIP | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | 0 | 1 | 1 |
| Investments | 0 | 1 | 1 | 1 | 0 | 0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| 18 | 23 | 26 | 28 | 32 | 30 | 32 | 31 | 35 | 38 | 29 | 52 | 58 | |
| Total Assets | 30 | 35 | 39 | 39 | 44 | 43 | 46 | 45 | 49 | 52 | 42 | 66 | 75 |
Cash Flows
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -3 | 3 | 3 | 1 | 7 | 6 | -6 | 9 | 2 | 5 | 16 | -8 | |
| -2 | -1 | -0 | 1 | -1 | -2 | 7 | -1 | 0 | -1 | -1 | -3 | |
| 5 | -2 | -2 | 1 | -6 | -1 | -0 | -9 | -1 | -4 | -11 | 15 | |
| Net Cash Flow | 0 | -0 | 0 | 3 | -0 | 4 | 0 | -1 | 1 | -1 | 4 | 4 |
Ratios
Figures in Rs. Crores
| 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 | 51 | 75 | 59 | 66 | 72 | 57 | 71 | 94 | 74 | 64 | 40 | 84 |
| Inventory Days | 104 | 41 | 55 | 68 | 54 | 30 | 83 | 26 | 49 | 53 | 82 | 72 |
| Days Payable | 32 | 45 | 48 | 17 | 47 | 26 | 13 | 20 | 18 | 14 | 35 | 44 |
| Cash Conversion Cycle | 122 | 70 | 66 | 117 | 79 | 60 | 141 | 99 | 105 | 103 | 86 | 113 |
| Working Capital Days | 103 | 75 | 74 | 121 | 90 | 78 | 124 | 93 | 92 | 81 | 74 | 100 |
| ROCE % | 17% | 11% | 18% | 17% | 18% | 12% | 13% | 15% | 11% | 13% | 13% | 10% |
Documents
Announcements
- Considered And Approved Financial Results For The Quarter And Half Year Ended September 2024. 8 Nov
-
Board Meeting Intimation for Approval Of Un-Audited Financial Results For The Quarter And Half Year Ended On 30Th September,2024.
28 Oct - Board meeting to approve Q2 financial results.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 14 Oct
- Closure of Trading Window 26 Sep
- Shareholder Meeting / Postal Ballot-Outcome of AGM 4 Sep
Product Profile:[1][2]
a) Dehydrated Garlic:
Dehydrated Garlic Flakes, Dehydrated
Garlic Chopped, Dehydrated Garlic Minced, Dehydrated Garlic Granules, Dehydrated Garlic Powder, Dehydrated Toasted Garlic (All Forms), Dehydrated Fried Garlic
b) Dehydrated Onion:
White, Red & Pink Onions - Dehydrated
Onion Flakes, Dehydrated Onion Chopped, Dehydrated Onion Minced, Dehydrated
Onion Granules, Dehydrated Onion Powder, Dehydrated Onion Toasted (All Forms), Dehydrated Onion Fried
c) Other Products:
Chilly Powder, Mint Powder, Curry Powder, Amchur Powder, Methi Powder, Tamarin Powder, Coriander Powder, Potato Powder, etc.