Ovobel Foods Ltd

Ovobel Foods Ltd

₹ 103 0.98%
13 Jun - close price
About

Incorporated in 1996, Ovobel Foods Ltd is in the business of manufacturing and distribution of Eggs powders & other egg related product[1]

Key Points

Business Overview:[1]
OFL is a FCCS Certified manufacturer of Egg Products. In collaboration with Ovobel NV, Belgium, company manufactures and exports Whole Egg, Yolk, Albumen Powders and Frozen. It's products are a replacement for fresh eggs in Industrial Food Processing Applications viz. in Baking, Pasta, Doughnut Premixes, Mayonnaise, Baby Food, Fish & Meat and Food Services

  • Market Cap 108 Cr.
  • Current Price 103
  • High / Low 222 / 56.7
  • Stock P/E 11.9
  • Book Value 81.5
  • Dividend Yield 0.00 %
  • ROCE 13.3 %
  • ROE 11.2 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 27.2% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 35.1%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 11.6% over past five years.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.7.40 Cr.

* 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.

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Quarterly Results

Figures in Rs. Crores

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
36.14 48.63 59.87 54.66 58.18 49.08 45.88 50.80 28.88 47.59 42.02 51.11 47.87
31.35 43.30 46.36 41.70 38.76 35.64 34.96 50.94 32.05 44.65 40.49 54.34 40.60
Operating Profit 4.79 5.33 13.51 12.96 19.42 13.44 10.92 -0.14 -3.17 2.94 1.53 -3.23 7.27
OPM % 13.25% 10.96% 22.57% 23.71% 33.38% 27.38% 23.80% -0.28% -10.98% 6.18% 3.64% -6.32% 15.19%
0.61 0.03 0.76 1.47 1.17 1.21 1.33 1.34 1.32 1.53 1.56 2.54 1.76
Interest 0.09 0.25 0.29 0.37 0.37 0.40 0.36 0.40 0.23 0.34 0.34 0.36 0.46
Depreciation 0.23 0.18 0.19 0.20 0.20 0.19 0.23 0.26 0.30 0.39 0.48 0.59 0.54
Profit before tax 5.08 4.93 13.79 13.86 20.02 14.06 11.66 0.54 -2.38 3.74 2.27 -1.64 8.03
Tax % 0.00% 28.40% 19.51% 31.24% 26.67% 24.75% 25.56% 24.07% -24.79% 26.47% 29.07% -29.88% 27.15%
5.08 3.53 11.10 9.53 14.67 10.58 8.68 0.41 -1.79 2.75 1.60 -1.15 5.85
EPS in Rs 4.84 3.36 10.57 9.08 13.97 10.08 8.27 0.39 -1.70 2.62 1.52 -1.10 5.57
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
105 98 106 74 83 97 109 111 125 221 175 189
93 92 107 80 92 102 111 117 125 170 153 180
Operating Profit 13 6 -1 -6 -9 -5 -2 -6 -0 52 21 8
OPM % 12% 7% -1% -8% -11% -5% -2% -6% -0% 23% 12% 5%
7 8 10 5 16 15 8 6 2 3 5 7
Interest 23 1 2 1 1 1 1 1 1 1 2 2
Depreciation 0 0 1 1 1 1 1 1 1 1 1 2
Profit before tax -4 13 6 -3 5 8 4 -3 0 53 24 12
Tax % 0% 31% 32% 21% 14% 33% 29% -29% 85% 26% 25% 27%
-4 9 4 -4 5 6 3 -2 0 39 18 9
EPS in Rs -3.71 8.78 3.98 -3.34 4.31 5.38 2.59 -1.72 0.02 36.97 17.04 8.63
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 7%
5 Years: 12%
3 Years: 15%
TTM: 8%
Compounded Profit Growth
10 Years: 0%
5 Years: 27%
3 Years: 668%
TTM: -49%
Stock Price CAGR
10 Years: %
5 Years: 46%
3 Years: 26%
1 Year: -54%
Return on Equity
10 Years: 25%
5 Years: 28%
3 Years: 35%
Last Year: 11%

Balance Sheet

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 10 10 10 10 10 10 10 10 10 10 10 10
Reserves -15 -1 3 -0 4 10 12 10 10 49 67 76
11 16 14 13 12 12 12 16 27 29 19 27
31 30 32 28 16 5 7 7 9 13 6 15
Total Liabilities 37 56 61 51 42 37 42 44 56 100 103 128
2 2 3 5 4 4 3 4 3 3 13 28
CWIP 0 0 0 0 0 0 0 0 0 0 0 3
Investments 0 0 0 0 0 0 0 0 0 9 9 0
35 53 58 46 38 34 38 40 53 89 81 97
Total Assets 37 56 61 51 42 37 42 44 56 100 103 128

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
12 8 -2 -3 1 3 1 -1 -5 41 7 4
-6 -7 1 4 0 -0 -0 -2 -0 -41 -1 -9
-2 -2 -1 -1 -1 -1 -0 3 11 0 -11 6
Net Cash Flow 4 -1 -3 -0 0 1 0 -0 6 0 -5 1

Ratios

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 38 47 60 54 52 26 25 31 34 29 17 21
Inventory Days 31 31 37 73 46 49 58 50 66 48 76 84
Days Payable 26 16 15 8 14 15 7 12 11 7 5 9
Cash Conversion Cycle 43 62 82 120 85 60 76 69 89 71 88 95
Working Capital Days -38 5 44 43 61 73 74 74 81 45 82 76
ROCE % 219% 90% 29% -7% 25% 32% 14% -4% 2% 81% 28% 13%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
69.25% 69.25% 69.25% 76.54% 75.08% 70.13% 68.71% 68.71% 68.71% 68.42% 68.42% 68.42%
9.53% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
21.22% 30.75% 30.74% 23.46% 24.91% 29.85% 31.29% 31.28% 31.29% 31.58% 31.59% 31.57%
No. of Shareholders 1,8731,8961,9042,4783,6585,5516,7366,8886,7536,5486,6246,558

* 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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