Oriental Aromatics Ltd

Oriental Aromatics Ltd

₹ 440 2.13%
16 Jul - close price
About

OAL is one of the largest manufacturers of specialty based aroma chemicals, and camphor, with product range including Synthetic Camphor, Terpineols, Pine Oils, Astromusk & other specialty aroma chemicals which is used in various industries like Cosmetics, Soaps, Pharmaceuticals etc.

Key Points

Overview[1]
Oriental Aromatics is one of the largest Indian manufacturers of Aroma Chemicals, Camphor, Fragrances and Flavours.

  • Market Cap 1,479 Cr.
  • Current Price 440
  • High / Low 503 / 293
  • Stock P/E 163
  • Book Value 188
  • Dividend Yield 0.11 %
  • ROCE 4.06 %
  • ROE 1.45 %
  • Face Value 5.00

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 2.08% over past five years.
  • Company has a low return on equity of 4.51% over last 3 years.
  • Dividend payout has been low at 12.2% of profits 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: Chemicals Industry: Chemicals

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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
221 230 230 206 203 234 221 199 195 196 227 197 216
188 195 211 190 181 217 206 185 186 195 216 183 196
Operating Profit 33 34 20 16 22 16 15 14 9 1 11 14 21
OPM % 15% 15% 9% 8% 11% 7% 7% 7% 5% 0% 5% 7% 10%
1 1 2 0 2 2 2 1 1 1 3 2 2
Interest 1 1 1 1 3 2 3 4 3 5 5 7 3
Depreciation 4 4 4 4 5 5 5 5 5 5 5 5 5
Profit before tax 29 31 17 11 17 11 9 6 2 -8 3 4 14
Tax % 24% 26% 27% 29% 39% 26% 28% 31% 34% 24% 29% 41% 28%
22 23 12 8 10 8 6 4 1 -6 2 3 10
EPS in Rs 6.66 6.75 3.61 2.37 3.11 2.50 1.88 1.13 0.35 -1.80 0.72 0.78 3.01
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
458 506 755 760 709 873 854 836
400 441 639 633 553 780 799 789
Operating Profit 57 65 116 127 156 93 54 47
OPM % 13% 13% 15% 17% 22% 11% 6% 6%
6 -0 -2 7 1 4 6 7
Interest 5 7 13 12 2 4 13 20
Depreciation 14 15 18 19 17 17 19 20
Profit before tax 44 43 83 103 137 76 27 14
Tax % 37% 42% 31% 16% 26% 30% 28% 35%
28 25 57 86 102 53 20 9
EPS in Rs 13.54 7.43 16.98 25.61 30.29 15.84 5.87 2.70
Dividend Payout % 3% 7% 6% 10% 8% 9% 9% 18%
Compounded Sales Growth
10 Years: %
5 Years: 2%
3 Years: 6%
TTM: -2%
Compounded Profit Growth
10 Years: %
5 Years: -31%
3 Years: -55%
TTM: -54%
Stock Price CAGR
10 Years: 20%
5 Years: 19%
3 Years: -23%
1 Year: 32%
Return on Equity
10 Years: %
5 Years: 10%
3 Years: 5%
Last Year: 1%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 5 8 17 17 17 17 17 17
Reserves 311 329 375 447 540 588 608 616
105 132 183 51 78 140 231 206
69 103 98 93 110 120 130 157
Total Liabilities 490 573 673 608 745 865 986 995
211 212 245 236 236 265 273 270
CWIP 15 40 1 2 13 25 53 173
Investments 0 0 0 0 0 0 0 0
264 321 428 370 496 574 661 551
Total Assets 490 573 673 608 745 865 986 995

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
16 -23 181 17 -1 -22 142
-31 -12 -10 -35 -59 -46 -99
15 36 -159 16 51 78 -48
Net Cash Flow 0 0 12 -2 -9 9 -5

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 80 97 77 73 97 81 81 79
Inventory Days 141 148 149 124 211 183 233 177
Days Payable 41 68 39 43 66 52 55 52
Cash Conversion Cycle 180 177 187 154 242 213 259 203
Working Capital Days 166 163 166 130 194 190 223 171
ROCE % 11% 19% 21% 24% 12% 5% 4%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.17% 74.17% 74.17% 74.17% 74.17% 74.17% 74.17% 74.17% 74.17% 74.17% 74.17% 74.17%
0.04% 0.06% 0.08% 0.11% 0.14% 0.14% 0.13% 0.13% 0.13% 0.11% 0.10% 0.10%
0.00% 0.01% 0.01% 0.64% 0.76% 0.76% 0.76% 0.78% 0.75% 0.61% 0.39% 0.39%
25.79% 25.77% 25.75% 25.09% 24.93% 24.92% 24.92% 24.91% 24.96% 25.11% 25.34% 25.33%
No. of Shareholders 21,56227,42228,96028,41528,33829,02928,57927,02426,56126,73026,54525,875

* 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.

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