OSEL Devices Ltd
Founded in 2006, Osel Devices Limited manufactures LED display systems and hearing aids.[1]
- Market Cap ₹ 324 Cr.
- Current Price ₹ 201
- High / Low ₹ 242 / 170
- Stock P/E 24.8
- Book Value ₹ 65.8
- Dividend Yield 0.00 %
- ROCE 54.2 %
- ROE 69.4 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 56.5%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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: Consumer Durables Industry: Electronics - Consumer
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 57 | 65 | 82 | 132 | |
| 55 | 61 | 73 | 110 | |
| Operating Profit | 3 | 4 | 9 | 22 |
| OPM % | 5% | 7% | 11% | 17% |
| 0 | 0 | 0 | 0 | |
| Interest | 0 | 1 | 1 | 3 |
| Depreciation | 1 | 1 | 1 | 1 |
| Profit before tax | 2 | 3 | 7 | 19 |
| Tax % | 33% | 29% | 33% | 30% |
| 1 | 2 | 5 | 13 | |
| EPS in Rs | 9.99 | 11.39 | 25.04 | 11.31 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 32% |
| TTM: | 61% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 113% |
| TTM: | 180% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 57% |
| Last Year: | 69% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 1 | 2 | 2 | 12 | 16 |
| Reserves | 4 | 6 | 10 | 14 | 90 |
| 10 | 9 | 18 | 25 | 44 | |
| 8 | 17 | 19 | 48 | 90 | |
| Total Liabilities | 23 | 33 | 49 | 99 | 240 |
| 6 | 5 | 7 | 18 | 18 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 17 | 28 | 42 | 80 | 222 | |
| Total Assets | 23 | 33 | 49 | 99 | 240 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| -3 | 3 | -11 | 12 | |
| 0 | 0 | -2 | -13 | |
| 5 | -2 | 8 | 4 | |
| Net Cash Flow | 2 | 1 | -4 | 4 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 45 | 63 | 57 | 73 |
| Inventory Days | 28 | 63 | 94 | 90 |
| Days Payable | 37 | 94 | 84 | 128 |
| Cash Conversion Cycle | 36 | 33 | 67 | 35 |
| Working Capital Days | 31 | 33 | 102 | 78 |
| ROCE % | 26% | 35% | 54% |
Documents
Announcements
-
Voluntary Revision of Financial statements or Report
18 November 2024 - Osel Devices Limited has informed about Voluntary Revision of Assets and Liabilities.
-
Financial Result Updates
13 November 2024 - Osel Devices Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
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Outcome of Board Meeting
13 November 2024 - Osel Devices Limited has informed regarding Board meeting held on November 13, 2024.
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Statement of deviation(s) or variation(s) under Reg. 32
13 November 2024 - Osel Devices Limited has informed about statement of deviation(s) or variation(s) under Reg. 32
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Board Meeting Intimation
7 November 2024 - OSEL DEVICES LIMITED has informed about Board Meeting to be held on 12-Nov-2024 to inter-alia consider and approve the Unaudited Financial results of the Company …
Annual reports
No data available.
Business Divison[1]
A)LED Display System (70% of FY23 revenue)[2]
The company manufactures LED display systems for commercial use, including key components for advertising media, billboards, corporate boardrooms, presentations, display promotions, command centers, and front signs.
These LED display systems come with an integrated content management system that allows users to connect via phone or computer to manage and display content on the screens.