Oricon Enterprises Ltd

₹ 39.0 2.45%

03 Jul 1:55 p.m.

oriconenterprises.com BSE: 513121 NSE: ORICONENT

About

Incorporated in 1968, Oricon Enterprises
Ltd manufactures petrochemical products, trading, liquid colorants and real estate, preform, metal and plastic closures^[1]

Key Points

Business Overview:^[1]^[2]
OEL is the flagship company of Parijat Enterprises. It is currently in Real Estate, Marine Logistics, Packaging and Petrochemicals. It is in the business of manufacturing, trading and sale of Plastic Closures and Preforms. It has 100% ownership in United Shippers Limited.

Website BSE NSE

Market Cap ₹ 612 Cr.
Current Price ₹ 39.0
High / Low ₹ 49.3 / 21.4
Stock P/E
Book Value ₹ 63.9
Dividend Yield 1.32 %
ROCE -1.32 %
ROE -1.84 %
Face Value ₹ 2.00

Add ratio to table

Edit ratios

Pros

Stock is trading at 0.59 times its book value
Company has been maintaining a healthy dividend payout of 39.6%

Cons

Company has low interest coverage ratio.
The company has delivered a poor sales growth of -30.8% over past five years.
Company has a low return on equity of 0.54% over last 3 years.
Debtor days have increased from 99.1 to 131 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: Packaging Industry: Packaging

Edit Columns

Loading peers table ...

Detailed Comparison with:

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
	138.21	119.46	106.93	131.77	145.86	184.37	114.14	98.92	17.58	139.16	87.87	21.51	29.88
	120.23	108.80	102.58	119.19	133.27	160.76	103.95	95.63	25.81	122.95	80.68	28.43	38.05
Operating Profit	17.98	10.66	4.35	12.58	12.59	23.61	10.19	3.29	-8.23	16.21	7.19	-6.92	-8.17
OPM %	13.01%	8.92%	4.07%	9.55%	8.63%	12.81%	8.93%	3.33%	-46.81%	11.65%	8.18%	-32.17%	-27.34%
	3.03	135.37	23.43	4.47	4.63	4.17	4.31	1.77	14.19	3.59	6.53	4.42	16.27
Interest	3.68	3.14	3.09	2.86	2.86	2.37	2.07	2.95	3.43	3.32	3.63	3.95	4.16
Depreciation	7.38	8.40	8.02	8.06	7.06	7.24	7.05	6.94	1.43	8.22	8.16	1.16	1.32
Profit before tax	9.95	134.49	16.67	6.13	7.30	18.17	5.38	-4.83	1.10	8.26	1.93	-7.61	2.62
Tax %	33.17%	1.81%	14.40%	18.11%	24.11%	18.05%	41.08%	17.81%	-305.45%	23.12%	8.81%	40.60%	-214.89%
	6.64	132.05	14.27	5.02	5.54	14.89	3.16	-3.97	4.47	6.35	1.76	-4.52	8.25
EPS in Rs	0.42	8.41	0.91	0.32	0.35	0.95	0.20	-0.25	0.28	0.40	0.11	-0.29	0.53
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
	62	71	65	58	38	541	631	579	378	504	571	100
	63	71	68	61	47	529	575	524	352	464	517	127
Operating Profit	-1	-0	-3	-4	-9	12	56	55	25	40	53	-27
OPM %	-2%	-0%	-5%	-7%	-23%	2%	9%	9%	7%	8%	9%	-27%
	23	18	19	31	25	46	25	34	28	168	12	47
Interest	5	4	5	10	5	12	11	12	13	12	11	15
Depreciation	2	2	2	1	1	28	28	38	31	32	30	5
Profit before tax	16	12	8	17	11	19	43	39	10	165	24	-1
Tax %	19%	29%	21%	4%	26%	17%	25%	13%	6%	5%	24%	2,256%
	13	9	7	16	8	15	32	34	9	157	19	12
EPS in Rs	1.24	0.84	0.42	1.01	0.51	0.98	2.05	2.17	0.57	9.99	1.18	0.75
Dividend Payout %	0%	53%	104%	50%	90%	51%	24%	37%	88%	10%	42%	66%

Compounded Sales Growth
10 Years:	4%
5 Years:	-31%
3 Years:	-36%
TTM:	-82%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	-208%

Stock Price CAGR
10 Years:	0%
5 Years:	14%
3 Years:	12%
1 Year:	55%

Return on Equity
10 Years:	2%
5 Years:	1%
3 Years:	1%
Last Year:	-2%

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	21	21	31	31	31	31	31	31	31	31	31	31
Reserves	445	448	445	455	632	648	663	667	724	979	886	972
Preference Capital	11	11	0	0	0	0	0	0	0	0	0
	33	36	98	102	335	420	341	193	178	128	169	198
	45	35	29	16	61	150	184	137	111	121	116	146
Total Liabilities	543	539	603	604	1,059	1,249	1,220	1,029	1,045	1,259	1,203	1,348
	16	16	14	11	222	393	441	432	422	432	449	239
CWIP	0	0	0	0	0	4	0	7	2	5	8	0
Investments	392	392	499	500	434	238	222	212	266	378	319	426
	136	131	90	93	403	614	557	377	355	444	427	683
Total Assets	543	539	603	604	1,059	1,249	1,220	1,029	1,045	1,259	1,203	1,348

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
	7	2	46	3	-94	56	99	224	40	37	75	23
	10	8	-101	17	-71	23	-6	-32	-11	33	-90	-34
	-17	-10	55	-20	169	-90	-109	-216	20	-76	24	2
Net Cash Flow	1	-1	0	-0	5	-11	-16	-24	49	-6	10	-9

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	119	72	123	137	55	81	131	82	115	93	74	131
Inventory Days	33	31	21	13	3,388	377	171	139	207	132	109	264
Days Payable	72	19	39	26	18	59	43	55	81	61	56	95
Cash Conversion Cycle	80	85	105	124	3,426	398	259	165	241	164	128	299
Working Capital Days	227	189	143	146	2,658	277	195	131	196	155	121	237
ROCE %	4%	3%	2%	4%	1%	3%	5%	5%	1%	3%	3%

Shareholding Pattern

Numbers in percentages

	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
	66.32%	66.28%	66.83%	66.92%	66.92%	66.92%	66.97%	66.97%	66.97%	66.96%	66.96%	66.96%
	5.71%	5.71%	4.19%	3.84%	3.57%	0.01%	0.07%	0.12%	0.02%	0.03%	0.00%	0.01%
	1.60%	1.60%	1.60%	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%
	26.38%	26.42%	27.38%	27.65%	27.92%	31.47%	31.37%	31.32%	31.41%	31.41%	31.44%	31.43%
No. of Shareholders	23,349	22,130	24,638	26,445	26,597	27,221	27,382	28,012	28,124	28,680	31,660	37,618

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
	66.22%	65.04%	66.32%	66.32%	66.32%	66.92%	66.97%	66.96%
	6.61%	5.71%	5.84%	5.84%	5.71%	3.84%	0.12%	0.01%
	1.70%	1.74%	1.60%	1.60%	1.59%	1.59%	1.59%	1.59%
	0.00%	0.13%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
	25.47%	27.37%	26.24%	26.25%	26.38%	27.65%	31.32%	31.43%
No. of Shareholders	17,127	25,546	24,203	22,452	24,298	26,445	28,012	37,618

* 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

Announcements

All

Annual reports

Credit ratings

Concalls

Aug 2019

Transcript

Notes
PPT
Jun 2019

Transcript

Notes
PPT
Feb 2019

Transcript

Notes
PPT
Dec 2018

Transcript

Notes
PPT
Sep 2018

Transcript

Notes
PPT
Jun 2018

Transcript

Notes
PPT
Mar 2018

Transcript

Notes
PPT
Nov 2017

Transcript

Notes
PPT
Oct 2017

Transcript

Notes
PPT
Jun 2017

Transcript

Notes
PPT
Mar 2017

Transcript

Notes
PPT
Feb 2017

Transcript

Notes
PPT
Dec 2016

Transcript

Notes
PPT
Sep 2016

Transcript

Notes
PPT
Jul 2016

Transcript

Notes
PPT