Orbit Exports Ltd

Orbit Exports Ltd

₹ 255 -5.00%
20 Dec - close price
About

Incorporated in 1983, Orbit Exports Ltd is in the business of Manufacturing of Textile and Windmill Power Generation[1]

Key Points

Business Overview:[1][2]
OEL started as a weaving company. It manufactures and exports fancy fabrics, and operates across multiple verticals in the value-added fabric market, from women’s apparel to Christmas crafts and home decor, with special interests in occasion-specific fabrics and finished products. These include high fashion garments, home furnishings, bridal wear and various festive fabrics, which are primarily high value-added products.
Company manufactures various fabrics as per customer specifications and production is carried out in batches. Also, OEL routes a portion of its sales through Group companies

  • Market Cap 674 Cr.
  • Current Price 255
  • High / Low 306 / 136
  • Stock P/E 19.7
  • Book Value 90.0
  • Dividend Yield 0.00 %
  • ROCE 18.2 %
  • ROE 14.5 %
  • Face Value 10.0

Pros

  • Company has reduced debt.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 13.5% over last 3 years.

* 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: Textiles Industry: Textiles - Processing

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
27 36 41 51 53 46 39 56 50 43 42 50 59
20 26 30 34 37 34 30 37 34 34 34 35 43
Operating Profit 7 10 10 17 16 12 9 19 16 9 8 15 16
OPM % 26% 28% 25% 33% 31% 26% 22% 33% 31% 20% 19% 30% 27%
1 1 0 2 1 1 1 1 1 2 2 2 9
Interest 0 1 1 1 1 1 1 1 1 1 1 1 0
Depreciation 3 3 3 3 3 4 4 4 4 4 4 4 4
Profit before tax 6 7 6 14 13 8 5 16 12 6 6 12 21
Tax % 27% 25% 24% 24% 25% 25% 12% 25% 25% 24% 23% 26% 26%
4 5 5 11 10 6 4 12 9 4 5 9 16
EPS in Rs 1.47 1.91 1.79 3.90 3.52 2.23 1.52 4.33 3.40 1.64 1.78 3.49 5.96
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 TTM
121 137 157 147 131 130 133 140 65 123 189 191 194
97 105 113 105 93 90 96 99 55 90 135 139 146
Operating Profit 24 32 45 42 37 40 38 41 10 33 55 51 48
OPM % 20% 23% 28% 29% 29% 31% 28% 29% 15% 27% 29% 27% 25%
1 2 1 3 4 4 3 3 3 2 3 6 15
Interest 2 2 2 2 3 1 2 2 1 2 3 3 2
Depreciation 2 3 5 6 7 7 9 12 11 12 14 15 15
Profit before tax 21 29 38 37 32 35 30 31 1 21 40 40 46
Tax % 31% 31% 30% 34% 35% 29% 24% 26% -65% 25% 23% 25%
14 20 27 25 21 25 23 23 1 16 31 30 34
EPS in Rs 5.43 7.22 9.34 8.55 7.24 8.82 8.18 8.45 0.34 5.80 11.32 11.36 12.87
Dividend Payout % 23% 23% 24% 22% 36% 0% 0% 36% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 3%
5 Years: 7%
3 Years: 44%
TTM: 1%
Compounded Profit Growth
10 Years: 4%
5 Years: 5%
3 Years: 169%
TTM: 9%
Stock Price CAGR
10 Years: 3%
5 Years: 25%
3 Years: 55%
1 Year: 42%
Return on Equity
10 Years: 15%
5 Years: 11%
3 Years: 13%
Last Year: 15%

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 Sep 2024
Equity Capital 13 14 14 14 29 28 28 27 27 27 27 26 26
Reserves 35 57 79 98 96 112 135 138 140 155 174 187 212
27 45 42 43 17 14 10 18 21 45 32 23 24
12 19 20 20 25 34 35 35 28 40 37 38 39
Total Liabilities 88 134 155 176 167 188 208 219 216 267 270 275 301
33 70 77 84 81 92 103 99 94 151 159 146 140
CWIP 0 0 1 2 0 2 2 0 31 1 0 1 0
Investments 8 2 5 5 7 7 7 7 8 8 24 28 57
46 63 72 85 79 87 96 113 82 107 87 100 105
Total Assets 88 134 155 176 167 188 208 219 216 267 270 275 301

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
16 18 27 22 36 38 34 29 29 16 50 42
-9 -33 -16 -16 -4 -26 -23 -15 -26 -41 -19 -9
-6 18 -10 -7 -30 -13 -6 -18 -5 24 -31 -31
Net Cash Flow 2 3 2 -1 2 -1 6 -4 -2 -1 -0 2

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 49 74 70 86 97 87 84 81 102 76 43 47
Inventory Days 76 107 119 168 165 217 212 221 276 257 199 204
Days Payable 14 16 12 10 17 27 25 23 31 67 49 49
Cash Conversion Cycle 111 165 177 244 246 277 271 278 346 266 193 201
Working Capital Days 90 120 103 142 138 127 138 181 272 165 109 100
ROCE % 32% 32% 32% 26% 23% 25% 20% 19% 2% 11% 19% 18%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
65.92% 66.12% 66.12% 66.12% 66.12% 66.33% 66.24% 66.24% 66.22% 66.27% 66.16% 66.16%
0.00% 0.18% 0.02% 0.17% 0.03% 0.00% 0.00% 0.00% 0.00% 0.02% 0.06% 0.00%
34.08% 33.69% 33.85% 33.70% 33.85% 33.65% 33.77% 33.75% 33.78% 33.69% 33.78% 33.83%
No. of Shareholders 9,53910,2019,9319,34913,2229,0688,4228,0028,1719,6569,0279,165

* 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.

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