Oriental Aromatics Ltd

Oriental Aromatics Ltd

₹ 362 -0.14%
23 Feb - 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

Integrated flavor, fragrance, and aroma chemical manufacturing
The Co. is one of only 10 completely integrated flavor, fragrance, and aroma chemical manufacturing companies in the world. [1]

  • Market Cap 1,217 Cr.
  • Current Price 362
  • High / Low 503 / 295
  • Stock P/E 1,817
  • Book Value 185
  • Dividend Yield 0.14 %
  • ROCE 5.19 %
  • ROE 3.35 %
  • Face Value 5.00

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 11.0% over past five years.
  • Company has a low return on equity of 10.4% over last 3 years.
  • Dividend payout has been low at 8.57% 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

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
190.68 221.38 229.67 230.47 205.78 202.87 233.55 220.76 199.42 195.34 195.69 226.82 197.41
136.86 187.86 194.99 210.39 189.21 180.77 216.87 206.00 185.05 186.01 194.68 215.74 183.21
Operating Profit 53.82 33.52 34.68 20.08 16.57 22.10 16.68 14.76 14.37 9.33 1.01 11.08 14.20
OPM % 28.23% 15.14% 15.10% 8.71% 8.05% 10.89% 7.14% 6.69% 7.21% 4.78% 0.52% 4.88% 7.19%
0.27 1.31 1.07 1.96 0.03 2.26 2.03 2.35 0.61 0.78 0.58 2.81 2.16
Interest 0.26 1.05 0.68 0.98 0.67 2.70 2.43 3.35 4.19 3.16 4.59 5.48 6.88
Depreciation 4.23 3.99 3.99 4.07 4.30 4.59 4.65 4.78 4.95 4.94 4.79 4.91 4.93
Profit before tax 49.60 29.79 31.08 16.99 11.63 17.07 11.63 8.98 5.84 2.01 -7.79 3.50 4.55
Tax % 26.71% 28.13% 26.35% 27.25% 28.29% 38.72% 25.80% 27.62% 29.62% 30.35% 23.75% 28.29% 40.44%
36.36 21.41 22.90 12.36 8.34 10.45 8.63 6.50 4.11 1.39 -5.93 2.50 2.71
EPS in Rs 10.80 6.36 6.80 3.67 2.48 3.11 2.56 1.93 1.22 0.41 -1.76 0.74 0.81
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
202 217 309 355 351 456 506 753 759 709 873 854 815
191 179 262 312 301 397 439 637 631 553 779 798 780
Operating Profit 11 37 47 43 50 58 66 116 128 156 94 55 36
OPM % 6% 17% 15% 12% 14% 13% 13% 15% 17% 22% 11% 6% 4%
-3 2 2 3 3 1 4 -9 6 1 4 6 6
Interest 2 1 10 11 9 5 7 13 12 2 4 13 20
Depreciation 3 3 8 9 9 14 15 18 19 17 17 19 20
Profit before tax 3 35 31 27 34 40 48 76 104 137 77 28 2
Tax % 31% 31% 36% 29% 33% 36% 37% 34% 16% 25% 30% 28%
2 24 20 19 23 26 30 50 87 102 54 21 1
EPS in Rs 1.03 11.62 9.76 9.35 11.01 12.43 9.03 14.82 25.78 30.44 16.06 6.13 0.20
Dividend Payout % -0% -0% 5% 4% 3% 3% 6% 7% 10% 8% 9% 8%
Compounded Sales Growth
10 Years: 15%
5 Years: 11%
3 Years: 4%
TTM: -5%
Compounded Profit Growth
10 Years: 0%
5 Years: -8%
3 Years: -38%
TTM: -98%
Stock Price CAGR
10 Years: 24%
5 Years: 10%
3 Years: -15%
1 Year: 2%
Return on Equity
10 Years: 13%
5 Years: 13%
3 Years: 10%
Last Year: 3%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 5 5 5 5 5 5 8 17 17 17 17 17 17
Reserves 68 92 111 129 151 314 336 375 447 541 589 610 605
101 128 119 119 106 100 131 183 51 78 140 231 218
26 38 63 60 54 77 102 98 94 110 120 131 102
Total Liabilities 201 264 298 314 316 495 577 673 609 746 866 988 942
33 125 131 125 136 211 212 245 236 236 261 266 262
CWIP 20 2 0 0 1 15 40 1 2 12 21 37 46
Investments 0 0 -0 -0 -0 2 2 -0 6 10 14 32 32
148 136 167 189 179 267 323 428 365 487 570 653 602
Total Assets 201 264 298 314 316 495 577 673 609 746 866 988 942

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
14 -14 31 17 42 39 9 -24 185 19 -1 -21
-14 -67 -6 -6 -16 -17 -26 -12 -16 -32 -59 -53
50 30 -24 -12 -26 -24 19 38 -160 16 51 78
Net Cash Flow 50 -52 2 -0 -0 -2 2 1 9 2 -9 3

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 54 64 75 81 82 84 97 78 73 97 82 82
Inventory Days 106 200 145 127 119 141 148 149 124 211 183 233
Days Payable 32 33 67 56 40 53 67 39 43 66 52 55
Cash Conversion Cycle 128 231 153 152 161 172 178 188 154 242 212 259
Working Capital Days 109 145 107 117 134 158 162 167 130 194 190 224
ROCE % 6% 15% 18% 15% 17% 13% 12% 19% 21% 24% 12% 5%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
74.17% 74.17% 74.17% 74.17% 74.17% 74.17% 74.17% 74.17% 74.17% 74.17% 74.17% 74.17%
0.00% 0.04% 0.06% 0.08% 0.11% 0.14% 0.14% 0.13% 0.13% 0.13% 0.11% 0.10%
0.09% 0.00% 0.01% 0.01% 0.64% 0.76% 0.76% 0.76% 0.78% 0.75% 0.61% 0.39%
25.74% 25.79% 25.77% 25.75% 25.09% 24.93% 24.92% 24.92% 24.91% 24.96% 25.11% 25.34%
No. of Shareholders 19,99921,56227,42228,96028,41528,33829,02928,57927,02426,56126,73026,545

* 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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Documents

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