Oceanic Foods Ltd
Incorporated in 1993, Oceanic Foods
Ltd is in the business of processing
and sales of dehydrated vegetables[1]
- Market Cap ₹ 58.0 Cr.
- Current Price ₹ 51.5
- High / Low ₹ 78.1 / 50.0
- Stock P/E 7.82
- Book Value ₹ 40.4
- Dividend Yield 0.00 %
- ROCE 16.0 %
- ROE 16.0 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 25.1% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 12.9% 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 81 | 63 | 78 | 82 | 78 | 91 | 106 | 124 | 89 | 110 | 147 | 167 | 167 | |
| 76 | 57 | 72 | 77 | 73 | 85 | 102 | 118 | 83 | 104 | 137 | 153 | 152 | |
| Operating Profit | 5 | 6 | 7 | 5 | 6 | 6 | 5 | 6 | 6 | 6 | 10 | 14 | 15 |
| OPM % | 6% | 9% | 9% | 6% | 7% | 7% | 4.4% | 4.9% | 6% | 5% | 7% | 9% | 9% |
| 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | -0 | 0 | 0 | 0 | |
| Interest | 3 | 3 | 3 | 2 | 2 | 2 | 1 | 2 | 1 | 0 | 3 | 3 | 3 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| Profit before tax | 2 | 2 | 3 | 2 | 3 | 4 | 3 | 3 | 4 | 4 | 6 | 9 | 10 |
| Tax % | 33% | 34% | 35% | 34% | 24% | 24% | 25% | 22% | 27% | 36% | 22% | 25% | |
| 1 | 2 | 2 | 1 | 2 | 3 | 2 | 3 | 3 | 3 | 5 | 7 | 7 | |
| EPS in Rs | 15.38 | 1.89 | 1.78 | 1.14 | 2.17 | 2.57 | 1.96 | 2.37 | 2.68 | 2.25 | 4.40 | 5.99 | 6.58 |
| Dividend Payout % | 5% | 4% | 5% | 7% | 2% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 9% |
| 3 Years: | 23% |
| TTM: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 25% |
| 3 Years: | 31% |
| TTM: | 34% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -3% |
| 3 Years: | 19% |
| 1 Year: | -26% |
| Return on Equity | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 12% |
| 3 Years: | 13% |
| Last Year: | 16% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 0.25 | 3 | 4 | 4 | 4 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 8 | 7 | 14 | 15 | 17 | 12 | 14 | 17 | 20 | 23 | 27 | 34 |
| 21 | 25 | 17 | 19 | 20 | 13 | 14 | 12 | 1 | 17 | 33 | 39 | |
| 10 | 4 | 10 | 6 | 5 | 8 | 9 | 11 | 9 | 16 | 19 | 16 | |
| Total Liabilities | 39 | 39 | 44 | 43 | 46 | 45 | 49 | 52 | 42 | 66 | 91 | 101 |
| 12 | 10 | 12 | 13 | 14 | 14 | 13 | 13 | 13 | 14 | 18 | 22 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 3 | 6 |
| Investments | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 26 | 28 | 32 | 30 | 32 | 31 | 35 | 38 | 29 | 52 | 70 | 72 | |
| Total Assets | 39 | 39 | 44 | 43 | 46 | 45 | 49 | 52 | 42 | 66 | 91 | 101 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3 | 1 | 7 | 6 | -6 | 9 | 2 | 5 | 16 | -5 | -8 | 10 | |
| -0 | 1 | -1 | -2 | 7 | -1 | 0 | -1 | -1 | -3 | -8 | -12 | |
| -2 | 1 | -6 | -1 | -0 | -9 | -1 | -4 | -11 | 15 | 14 | 2 | |
| Net Cash Flow | 0 | 3 | -0 | 4 | 0 | -1 | 1 | -1 | 4 | 7 | -2 | 0 |
| Free Cash Flow | 2 | 2 | 4 | 5 | -6 | 8 | 1 | 4 | 15 | -8 | -16 | 1 |
| CFO/OP | 63% | 26% | 115% | 150% | -88% | 156% | 51% | 93% | 290% | -120% | -96% | 81% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 59 | 66 | 72 | 57 | 71 | 94 | 74 | 64 | 40 | 84 | 102 | 82 |
| Inventory Days | 55 | 68 | 54 | 30 | 83 | 26 | 49 | 53 | 82 | 72 | 80 | 82 |
| Days Payable | 48 | 17 | 47 | 26 | 13 | 20 | 18 | 14 | 35 | 47 | 54 | 36 |
| Cash Conversion Cycle | 66 | 117 | 79 | 60 | 141 | 99 | 105 | 103 | 86 | 110 | 128 | 127 |
| Working Capital Days | -16 | -23 | 15 | -2 | 32 | 41 | 49 | 49 | 72 | 50 | 53 | 38 |
| ROCE % | 18% | 17% | 18% | 12% | 13% | 15% | 11% | 13% | 13% | 11% | 15% | 16% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dehydrated Garlic share of revenue % |
|
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| Dehydrated Onion share of revenue % |
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| Export share of revenue (FOB basis) % |
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| Garlic share of raw material cost % |
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| Onion share of raw material cost % |
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| Total Sales Volume MT |
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Extracted by Screener AI
Documents
Announcements
- Reg. 34 (1) Annual Report.
-
Annual General Meeting To Be Held On 25Th September, 2026
- 33rd AGM on 25 September 2026; annual report uploaded, with borrowings, investments and director reappointments proposed.
-
Announcements Under Regulation 30 Of SEBI(LODR) Regulation
- Oceanic Foods approved wholly-owned subsidiaries in Jamnagar, Gujarat, for food retail business.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- Submission of copies of newspaper advertisement are attached herewith
- Result- Financial Result For Quarter Ended On 30Th June, 2026
Business Overview:[1][2]
OFL is engaged in a wide range of products like dehydrated onion, garlic, and other vegetables in various forms available throughout the year.
It is in the business of dehydration of Fruits and vegetables and for storage/ preservation it
requires cold storages.