Ovobel Foods Ltd

Ovobel Foods Ltd

₹ 186 1.86%
03 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 177 Cr.
  • Current Price 186
  • High / Low 207 / 96.5
  • Stock P/E 7.26
  • Book Value 116
  • Dividend Yield 0.00 %
  • ROCE 28.2 %
  • ROE 24.9 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter
  • Company has a good return on equity (ROE) track record: 3 Years ROE 20.8%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Earnings include an other income of Rs.13.1 Cr.
  • Promoter holding has decreased over last 3 years: -6.89%
  • Working capital days have increased from 56.3 days to 97.0 days

* 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.

Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
58 49 46 51 29 48 42 51 48 61 57 74 65
39 36 35 51 32 45 40 54 41 56 50 72 52
Operating Profit 19 13 11 -0 -3 3 2 -3 7 4 7 2 13
OPM % 33% 27% 24% -0% -11% 6% 4% -6% 15% 7% 13% 3% 21%
1 1 1 1 1 2 2 3 2 1 3 4 7
Interest 0 0 0 0 0 0 0 0 0 1 0 0 0
Depreciation 0 0 0 0 0 0 0 1 1 1 1 1 1
Profit before tax 20 14 12 1 -2 4 2 -2 8 4 9 4 19
Tax % 27% 25% 26% 24% -25% 26% 29% -30% 27% 25% 26% 27% 26%
15 11 9 0 -2 3 2 -1 6 3 6 3 14
EPS in Rs 15.44 11.14 9.14 0.43 -1.88 2.89 1.68 -1.21 6.16 2.89 6.75 2.93 14.94
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
98 106 74 83 97 109 111 125 221 175 189 257
92 107 80 92 102 111 117 125 170 153 180 230
Operating Profit 6 -1 -6 -9 -5 -2 -6 -0 52 21 9 27
OPM % 7% -1% -8% -11% -5% -2% -6% -0% 23% 12% 5% 11%
8 10 5 16 15 8 6 2 3 5 7 13
Interest 1 2 1 1 1 1 1 1 1 2 2 2
Depreciation 0 1 1 1 1 1 1 1 1 1 2 5
Profit before tax 13 6 -3 5 8 4 -3 0 53 24 12 34
Tax % 31% 32% 21% 14% 33% 29% -29% 85% 26% 25% 27% 28%
9 4 -4 5 6 3 -2 0 39 18 9 24
EPS in Rs 8.78 3.98 -3.34 4.31 5.38 2.59 -1.72 0.02 40.86 18.83 9.54 25.63
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 9%
5 Years: 18%
3 Years: 5%
TTM: 36%
Compounded Profit Growth
10 Years: 19%
5 Years: 73%
3 Years: -15%
TTM: 169%
Stock Price CAGR
10 Years: %
5 Years: 35%
3 Years: -8%
1 Year: 91%
Return on Equity
10 Years: 25%
5 Years: 30%
3 Years: 21%
Last Year: 25%

Balance Sheet

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 10 10 10 10 10 10 10 10 10 10 10 10
Reserves -1 3 -0 4 10 12 10 10 49 67 76 101
16 14 13 12 12 12 16 27 29 19 27 29
30 32 28 16 5 7 7 9 13 6 15 30
Total Liabilities 56 61 51 42 37 42 44 56 100 103 128 169
2 3 5 4 4 3 4 3 3 13 28 31
CWIP 0 0 0 0 0 0 0 0 0 0 3 1
Investments 0 0 0 0 0 0 0 0 9 9 0 35
53 58 46 38 34 38 40 53 89 81 97 101
Total Assets 56 61 51 42 37 42 44 56 100 103 128 169

Cash Flows

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
8 -2 -3 1 3 1 -1 -5 41 7 4 30
-7 1 4 0 -0 -0 -2 -0 -41 -1 -9 -26
-2 -1 -1 -1 -1 -0 3 11 0 -11 6 -1
Net Cash Flow -1 -3 -0 0 1 0 -0 6 0 -5 1 4
Free Cash Flow 8 -3 0 1 2 0 -2 -5 40 -8 -11 24
CFO/OP 132% 40% 45% -25% -109% -114% 16% 7,014% 100% 70% 75% 144%

Ratios

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 47 60 54 52 26 25 31 34 29 17 21 21
Inventory Days 31 37 73 46 49 58 50 66 48 76 84 74
Days Payable 16 15 8 14 15 7 12 11 7 5 9 6
Cash Conversion Cycle 62 82 120 85 60 76 69 89 70 88 95 89
Working Capital Days -52 -1 -14 10 30 33 24 13 0 44 28 97
ROCE % 90% 29% -7% 25% 32% 14% -4% 2% 81% 28% 13% 28%

Insights

In beta
Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Raw Material Consumption (Eggs)
INR Lakhs

Log in to view insights

Please log in to see hidden values.

Login
Egg Liquid Revenue Contribution
%
Egg Powder Revenue Contribution
%
Fuel Consumption (Briquettes)
kgs/hr
Main Boiler Production Capacity
kcals/hr
Number of Permanent Employees
Numbers

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
75.08% 70.13% 68.71% 68.71% 68.71% 68.42% 68.42% 68.42% 68.95% 69.24% 69.24% 69.65%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
24.91% 29.85% 31.29% 31.28% 31.29% 31.58% 31.59% 31.57% 31.05% 30.73% 30.75% 30.34%
No. of Shareholders 3,6585,5516,7366,8886,7536,5486,6246,5586,5506,3726,0195,942

* 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.

Documents