Organic Coatings Ltd
₹ 12.1
4.78%
25 Apr
4:01 p.m.
About
Incorporated in 1965, Organic Coatings Ltd. is engaged in the business of manufacturing and trading in Printing Inks & Allied products.
Key Points
- Market Cap ₹ 9.26 Cr.
- Current Price ₹ 12.1
- High / Low ₹ 13.6 / 5.78
- Stock P/E
- Book Value ₹ 1.58
- Dividend Yield 0.00 %
- ROCE 3.86 %
- ROE -43.7 %
- Face Value ₹ 10.0
Pros
- Company's working capital requirements have reduced from 67.1 days to 46.4 days
Cons
- Stock is trading at 7.65 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -9.20% over past five years.
- Company has a low return on equity of -44.5% 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.
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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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
61.22 | 45.25 | 41.77 | 45.57 | 40.69 | 29.94 | 37.10 | 35.59 | 27.54 | 14.05 | 22.07 | 22.90 | 23.73 | |
63.16 | 46.11 | 43.38 | 44.77 | 39.35 | 27.65 | 35.20 | 34.40 | 25.99 | 13.56 | 21.61 | 21.54 | 22.09 | |
Operating Profit | -1.94 | -0.86 | -1.61 | 0.80 | 1.34 | 2.29 | 1.90 | 1.19 | 1.55 | 0.49 | 0.46 | 1.36 | 1.64 |
OPM % | -3.17% | -1.90% | -3.85% | 1.76% | 3.29% | 7.65% | 5.12% | 3.34% | 5.63% | 3.49% | 2.08% | 5.94% | 6.91% |
0.07 | 0.27 | 9.99 | 1.42 | 0.27 | 0.32 | 0.55 | 0.24 | 0.40 | 0.05 | 0.11 | 0.16 | 0.12 | |
Interest | 3.85 | 3.86 | 2.56 | 1.94 | 1.42 | 1.17 | 1.06 | 1.12 | 1.18 | 1.39 | 1.47 | 1.49 | 1.49 |
Depreciation | 1.85 | 1.85 | 1.63 | 1.41 | 1.40 | 1.31 | 1.35 | 1.34 | 1.29 | 1.30 | 1.07 | 0.98 | 0.93 |
Profit before tax | -7.57 | -6.30 | 4.19 | -1.13 | -1.21 | 0.13 | 0.04 | -1.03 | -0.52 | -2.15 | -1.97 | -0.95 | -0.66 |
Tax % | 14.66% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 25.00% | 0.00% | 0.00% | 0.00% | -1.52% | 0.00% | |
-6.46 | -6.29 | 4.19 | -1.12 | -1.21 | 0.13 | 0.03 | -1.03 | -0.51 | -2.15 | -2.00 | -0.95 | -0.66 | |
EPS in Rs | -8.42 | -8.20 | 5.46 | -1.46 | -1.58 | 0.17 | 0.04 | -1.34 | -0.66 | -2.80 | -2.61 | -1.24 | -0.87 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -7% |
5 Years: | -9% |
3 Years: | -6% |
TTM: | -1% |
Compounded Profit Growth | |
---|---|
10 Years: | 6% |
5 Years: | % |
3 Years: | -46% |
TTM: | 45% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | 11% |
3 Years: | 20% |
1 Year: | 109% |
Return on Equity | |
---|---|
10 Years: | -4% |
5 Years: | -25% |
3 Years: | -44% |
Last Year: | -44% |
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 | 7.67 | 7.67 | 7.67 | 7.67 | 7.67 | 7.67 | 7.67 | 7.67 | 7.67 | 7.67 | 7.67 | 7.67 | 7.67 |
Reserves | 3.12 | -3.19 | 0.90 | -0.21 | -1.42 | 0.58 | 0.62 | -0.43 | -0.93 | -3.06 | -5.05 | -5.99 | -6.46 |
27.74 | 24.97 | 15.46 | 10.78 | 9.21 | 8.51 | 7.49 | 8.30 | 9.33 | 12.53 | 12.20 | 11.98 | 11.42 | |
15.93 | 13.43 | 10.99 | 18.06 | 13.03 | 11.89 | 13.42 | 15.62 | 5.78 | 5.21 | 7.55 | 6.06 | 6.63 | |
Total Liabilities | 54.46 | 42.88 | 35.02 | 36.30 | 28.49 | 28.65 | 29.20 | 31.16 | 21.85 | 22.35 | 22.37 | 19.72 | 19.26 |
21.39 | 19.74 | 16.14 | 15.08 | 13.81 | 16.42 | 15.26 | 14.07 | 12.79 | 11.49 | 10.45 | 9.51 | 9.04 | |
CWIP | 0.00 | 0.11 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
33.07 | 23.03 | 18.88 | 21.22 | 14.68 | 12.23 | 13.94 | 17.09 | 9.06 | 10.86 | 11.92 | 10.21 | 10.22 | |
Total Assets | 54.46 | 42.88 | 35.02 | 36.30 | 28.49 | 28.65 | 29.20 | 31.16 | 21.85 | 22.35 | 22.37 | 19.72 | 19.26 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
11.75 | 6.25 | -2.55 | 7.41 | 3.50 | 3.66 | 2.27 | 0.45 | -0.75 | -1.27 | 1.39 | 1.55 | |
-7.52 | -0.05 | 14.08 | -0.28 | -0.12 | -1.94 | -0.09 | -0.02 | 0.06 | 0.00 | 0.01 | -0.02 | |
-3.54 | -6.53 | -11.57 | -6.61 | -3.37 | -1.87 | -2.07 | -0.32 | -0.14 | 1.86 | -1.79 | -1.72 | |
Net Cash Flow | 0.69 | -0.33 | -0.04 | 0.51 | 0.01 | -0.15 | 0.11 | 0.12 | -0.84 | 0.58 | -0.39 | -0.18 |
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 | 111.49 | 109.30 | 97.96 | 94.27 | 61.36 | 65.71 | 66.51 | 86.46 | 54.60 | 142.10 | 115.11 | 98.66 |
Inventory Days | 88.61 | 77.21 | 52.24 | 64.50 | 56.98 | 66.59 | 60.29 | 72.24 | 68.20 | 140.74 | 81.27 | 72.00 |
Days Payable | 106.97 | 129.06 | 101.29 | 137.89 | 99.32 | 117.04 | 118.75 | 154.59 | 102.60 | 193.78 | 162.06 | 121.19 |
Cash Conversion Cycle | 93.13 | 57.45 | 48.90 | 20.88 | 19.02 | 15.25 | 8.05 | 4.11 | 20.20 | 89.07 | 34.32 | 49.47 |
Working Capital Days | 84.13 | 56.38 | 49.46 | 1.36 | -19.11 | 28.89 | 13.48 | 20.20 | 15.24 | 108.33 | 46.64 | 46.38 |
ROCE % | -8.77% | -7.88% | 32.91% | 3.74% | 1.48% | 7.95% | 6.76% | 0.51% | 4.18% | -4.58% | -3.13% | 3.86% |
Documents
Announcements
-
Certificate Pursuant To Clause 40(9) Of SEBI (LODR) Regulations, 2015
11 Apr - In compliance of Clause 40(9) of SEBI (LODR) Regulations, 2015, we are sending herewith certificate received from D. Kothari & Associates, Practicing Company Secretaries for …
- Compliance Certificate - Regulation 7(3) 8 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
6 Apr - Confirmation Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st March, 2024 for your information and record.
- Closure of Trading Window 30 Mar
- Board Meeting Outcome for Outcome Of The Board Meeting - Unaudited Financial Results For The Quarter Ended 31St December, 2023 12 Feb
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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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Product Profile:[1]
a) Offset Inks:[2] Rich Green Inks, Rich Gloss G 16 Inks, Monarch Inks, Dry Rich Inks, Polytuff Inks, Superstar Inks, Hexachrome Inks
b) Water based Flexo Inks:[3] Products for diverse printing process and cured by UV radiation
c) Security Inks:[4] Alkali Sensitive Ink, Magic Inks, Fugitive Inks, Invisible Inks, Penetrating Black Inks and Pen Reactive Ink
e) Specialty Inks:[5] Cold Carbonizing Inks Red And Black, Carbonless Black Ink, Fluorescent Inks, Coin Reactive Ink and ARSR And LF Inks.