O.P Chains Ltd

O.P Chains Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

O.P Chains Ltd

₹ 32.6 0.00%
07 May - close price
opchainsltd.com BSE - SME: 539116
About

Incorporated in 2001, O.P Chains Ltd trades bullion and precious & non-precious metals[1]

Key Points

Business Overview:[1]
Company deals in bullion market of Agra, specializing in bars and coins of various precious metals like Gold and Silver. It offers wholesale delivery of bullion to domestic users i.e. ornament manufacturers, goldsmiths, jewelers and semi-wholesalers. Company purchase materials viz. Gold, Silver and other precious metals etc. from State Trading Corporation of India, Hindustan Zinc Limited, ICICI Bank Limited, Punjab National Bank Limited and SB Ornaments Pvt. Ltd., and supply the same to various jewelers and related businesses

Website BSE
  • Market Cap ₹ 22.4 Cr.
  • Current Price ₹ 32.6
  • High / Low ₹ 32.7 / 16.8
  • Stock P/E 5.48
  • Book Value ₹ 49.8
  • Dividend Yield 0.00 %
  • ROCE 7.38 %
  • ROE 7.32 %
  • Face Value ₹ 10.0
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Pros

  • Company is almost debt free.
  • Stock is trading at 0.66 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -42.8% over past five years.
  • Company has a low return on equity of 2.58% over last 3 years.
  • Earnings include an other income of Rs.2.92 Cr.
  • Working capital days have increased from 1,894 days to 3,354 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.

Peer comparison

Sector: Trading Industry: Trading

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Half Yearly Results

Figures in Rs. Crores

Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023
3.55 11.24 0.00 0.96 0.00 0.97 0.00 1.49 5.21
3.62 11.09 0.15 0.85 0.08 0.84 0.09 1.31 4.22
Operating Profit -0.07 0.15 -0.15 0.11 -0.08 0.13 -0.09 0.18 0.99
OPM % -1.97% 1.33% 11.46% 13.40% 12.08% 19.00%
0.00 0.00 0.07 0.07 0.00 0.00 0.00 2.23 0.69
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax -0.07 0.14 -0.08 0.18 -0.08 0.13 -0.09 2.41 1.68
Tax % 0.00% 0.00% 0.00% 5.56% 0.00% 7.69% 0.00% 0.83% 0.00%
-0.07 0.14 -0.08 0.17 -0.08 0.12 -0.09 2.40 1.68
EPS in Rs -0.10 0.20 -0.12 0.25 -0.12 0.18 -0.13 3.50 2.45
Raw PDF

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
592.18 239.56 259.16 258.33 69.22 48.19 24.25 24.47 14.79 0.96 0.97 1.49 6.70
591.61 239.07 258.81 257.96 68.96 47.98 24.17 24.42 14.72 0.94 0.91 1.39 5.53
Operating Profit 0.57 0.49 0.35 0.37 0.26 0.21 0.08 0.05 0.07 0.02 0.06 0.10 1.17
OPM % 0.10% 0.20% 0.14% 0.14% 0.38% 0.44% 0.33% 0.20% 0.47% 2.08% 6.19% 6.71% 17.46%
0.23 0.02 -0.03 0.02 0.00 0.00 0.00 0.03 0.00 0.07 0.00 2.23 2.92
Interest 0.03 0.33 0.03 0.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.13 0.15 0.10 0.09 0.06 0.03 0.03 0.02 0.01 0.00 0.00 0.00 0.00
Profit before tax 0.64 0.03 0.19 0.28 0.20 0.18 0.05 0.06 0.06 0.09 0.06 2.33 4.09
Tax % -1.56% 633.33% 42.11% 32.14% 35.00% 33.33% 20.00% 16.67% 16.67% 11.11% 16.67% 0.86%
0.65 -0.16 0.11 0.19 0.13 0.13 0.04 0.05 0.05 0.08 0.05 2.31 4.08
EPS in Rs 1.30 -0.32 0.22 0.38 0.19 0.19 0.06 0.07 0.07 0.12 0.07 3.37 5.95
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: -40%
5 Years: -43%
3 Years: -53%
TTM: 591%
Compounded Profit Growth
10 Years: 32%
5 Years: 125%
3 Years: 259%
TTM: 13500%
Stock Price CAGR
10 Years: %
5 Years: 24%
3 Years: 44%
1 Year: 51%
Return on Equity
10 Years: 1%
5 Years: 2%
3 Years: 3%
Last Year: 7%

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 5.00 5.00 5.00 5.00 6.85 6.85 6.85 6.85 6.85 6.85 6.85 6.85 6.85
Reserves 23.12 22.97 23.02 23.30 23.62 23.75 23.80 23.85 23.64 23.70 23.75 25.67 27.24
0.35 0.22 0.02 0.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.21 0.05 0.08 0.01 0.01 0.02 0.03 0.07 0.05 0.03 0.02 0.02 0.04
Total Liabilities 28.68 28.24 28.12 28.33 30.48 30.62 30.68 30.77 30.54 30.58 30.62 32.54 34.13
0.61 0.45 0.30 0.18 0.12 0.09 0.06 0.04 0.03 0.01 0.01 0.01 0.01
CWIP 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
Investments 26.73 26.09 24.68 27.23 27.23 27.74 28.23 28.21 27.69 27.52 27.34 18.78 0.70
1.34 1.70 3.14 0.92 3.13 2.79 2.39 2.52 2.82 3.05 3.27 13.75 33.42
Total Assets 28.68 28.24 28.12 28.33 30.48 30.62 30.68 30.77 30.54 30.58 30.62 32.54 34.13

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
15.17 -0.34 -1.54 2.65 -2.04 0.51 0.48 -0.02 -0.27 -0.17 -0.16 -8.19
-27.54 0.79 1.60 -2.53 0.00 -0.51 -0.48 0.02 0.26 0.17 0.18 8.17
0.09 -0.46 -0.11 -0.09 2.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Cash Flow -12.28 -0.01 -0.05 0.03 -0.03 0.00 0.00 0.00 -0.01 0.00 0.02 -0.02

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 0.02 1.39 0.00 0.00 0.00 0.00 0.00 0.00 10.86 0.00 0.00 0.00
Inventory Days 0.22 0.32 4.10 0.89 14.43 18.80 31.80 35.12 56.66 1,596.19 1,493.62 3,985.08
Days Payable 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Cash Conversion Cycle 0.23 1.71 4.10 0.89 14.43 18.80 31.80 35.12 67.52 1,596.19 1,493.62 3,985.08
Working Capital Days 0.57 2.01 4.18 1.06 15.77 20.22 33.87 35.80 67.37 1,133.02 1,196.60 3,353.59
ROCE % 2.39% 1.27% 0.78% 0.99% 0.68% 0.59% 0.16% 0.20% 0.20% 0.10% 0.20% 7.38%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
61.68% 61.68% 61.68% 65.26% 65.26% 65.26% 67.96% 70.15% 70.15% 74.53% 74.53% 74.53%
38.32% 38.32% 38.32% 34.74% 34.74% 34.74% 32.04% 29.86% 29.86% 25.48% 25.47% 25.48%
No. of Shareholders 423939394040414141434646

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