Ovobel Foods Ltd
Incorporated in 1996, Ovobel Foods Ltd is in the business of manufacturing and distribution of Eggs powders & other egg related product[1]
- Market Cap ₹ 235 Cr.
- Current Price ₹ 223
- High / Low ₹ 365 / 170
- Stock P/E 6.83
- Book Value ₹ 74.4
- Dividend Yield 0.00 %
- ROCE 80.8 %
- ROE 99.2 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 53.9% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 45.8%
- Company's working capital requirements have reduced from 66.8 days to 44.5 days
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: FMCG Industry: Food - Processing - Indian
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
68 | 83 | 105 | 98 | 106 | 74 | 83 | 97 | 109 | 111 | 125 | 221 | 204 | |
68 | 86 | 93 | 92 | 107 | 80 | 92 | 102 | 111 | 117 | 125 | 170 | 160 | |
Operating Profit | 0 | -3 | 13 | 6 | -1 | -6 | -9 | -5 | -2 | -6 | -0 | 52 | 44 |
OPM % | 1% | -3% | 12% | 7% | -1% | -8% | -11% | -5% | -2% | -6% | -0% | 23% | 21% |
2 | 4 | 7 | 8 | 10 | 5 | 16 | 15 | 8 | 6 | 2 | 3 | 5 | |
Interest | 1 | 2 | 23 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 |
Depreciation | 2 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Profit before tax | -2 | -0 | -4 | 13 | 6 | -3 | 5 | 8 | 4 | -3 | 0 | 53 | 46 |
Tax % | 0% | 0% | 0% | 31% | 32% | -21% | 14% | 33% | 29% | 29% | 85% | 26% | |
-2 | -0 | -4 | 9 | 4 | -4 | 5 | 6 | 3 | -2 | 0 | 39 | 34 | |
EPS in Rs | -1.45 | -0.28 | -3.71 | 8.78 | 3.98 | -3.34 | 4.31 | 5.38 | 2.59 | -1.72 | 0.02 | 36.97 | 32.71 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 22% |
3 Years: | 27% |
TTM: | 2% |
Compounded Profit Growth | |
---|---|
10 Years: | 64% |
5 Years: | 54% |
3 Years: | 143% |
TTM: | 17% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 74% |
3 Years: | 107% |
1 Year: | 22% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 38% |
3 Years: | 46% |
Last Year: | 99% |
Balance Sheet
Figures in Rs. Crores
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 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
Reserves | -11 | -11 | -15 | -1 | 3 | -0 | 4 | 10 | 12 | 10 | 10 | 49 | 69 |
11 | 12 | 11 | 16 | 14 | 13 | 12 | 12 | 12 | 16 | 27 | 29 | 25 | |
8 | 12 | 31 | 30 | 32 | 28 | 16 | 5 | 7 | 7 | 9 | 13 | 11 | |
Total Liabilities | 19 | 23 | 37 | 56 | 61 | 51 | 42 | 37 | 42 | 44 | 56 | 100 | 114 |
3 | 2 | 2 | 2 | 3 | 5 | 4 | 4 | 3 | 4 | 3 | 3 | 3 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9 | 9 |
16 | 21 | 35 | 53 | 58 | 46 | 38 | 34 | 38 | 40 | 53 | 89 | 102 | |
Total Assets | 19 | 23 | 37 | 56 | 61 | 51 | 42 | 37 | 42 | 44 | 56 | 100 | 114 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2 | 12 | 8 | -2 | -3 | 1 | 3 | 1 | -1 | -5 | 41 | ||
-3 | -6 | -7 | 1 | 4 | 0 | -0 | -0 | -2 | -0 | -41 | ||
-1 | -2 | -2 | -1 | -1 | -1 | -1 | -0 | 3 | 11 | 0 | ||
Net Cash Flow | -1 | 4 | -1 | -3 | -0 | 0 | 1 | 0 | -0 | 6 | 0 |
Ratios
Figures in Rs. Crores
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 | 39 | 45 | 38 | 47 | 60 | 54 | 52 | 26 | 25 | 31 | 34 | 29 |
Inventory Days | 26 | 26 | 31 | 31 | 37 | 73 | 46 | 49 | 58 | 50 | 66 | 48 |
Days Payable | 32 | 44 | 26 | 16 | 15 | 8 | 14 | 15 | 7 | 12 | 11 | 7 |
Cash Conversion Cycle | 33 | 27 | 43 | 62 | 82 | 120 | 85 | 60 | 76 | 69 | 89 | 70 |
Working Capital Days | 20 | 19 | -38 | 5 | 44 | 43 | 61 | 73 | 74 | 74 | 81 | 45 |
ROCE % | 11% | 219% | 90% | 29% | -7% | 25% | 32% | 14% | -4% | 2% | 81% |
Documents
Announcements
- Compliance With Reg 40 (10) Of SEBI (LODR) 1d
- Compliance Certificate For The Period Ended 31 March 2024 10 Apr
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Clarification sought from Ovobel Foods Ltd
9 Apr - Exchange has sought clarification from Ovobel Foods Ltd on April 8, 2024 with reference to significant movement in price, in order to ensure that investors …
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 4 Apr
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 27 Mar
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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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