La Opala RG Ltd
La Opala RG is a leading manufacturer and marketer of tablewares (opal and glass) in India.
- Market Cap ₹ 2,905 Cr.
- Current Price ₹ 262
- High / Low ₹ 386 / 187
- Stock P/E 30.1
- Book Value ₹ 74.3
- Dividend Yield 1.90 %
- ROCE 16.2 %
- ROE 11.5 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
Cons
- The company has delivered a poor sales growth of 4.21% over past five years.
- Earnings include an other income of Rs.47.7 Cr.
- Working capital days have increased from 264 days to 646 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
Consumer Discretionary Consumer Durables Consumer Durables Glass - Consumer
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
176 | 222 | 248 | 235 | 259 | 278 | 270 | 211 | 323 | 452 | 365 | 332 | |
126 | 156 | 161 | 146 | 150 | 165 | 166 | 143 | 200 | 280 | 229 | 224 | |
Operating Profit | 50 | 66 | 86 | 89 | 109 | 113 | 104 | 69 | 122 | 172 | 136 | 108 |
OPM % | 28% | 30% | 35% | 38% | 42% | 40% | 39% | 32% | 38% | 38% | 37% | 33% |
1 | 1 | 1 | 11 | 11 | 17 | 17 | 8 | 12 | 22 | 44 | 48 | |
Interest | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 4 | 7 | 6 | 5 |
Depreciation | 7 | 10 | 9 | 12 | 14 | 16 | 16 | 12 | 14 | 22 | 22 | 18 |
Profit before tax | 41 | 56 | 78 | 86 | 105 | 113 | 105 | 64 | 117 | 165 | 152 | 132 |
Tax % | 27% | 25% | 25% | 28% | 30% | 34% | 19% | 23% | 25% | 25% | 16% | 27% |
30 | 42 | 59 | 62 | 73 | 74 | 84 | 50 | 87 | 123 | 128 | 97 | |
EPS in Rs | 2.83 | 3.76 | 5.29 | 5.60 | 6.62 | 6.67 | 7.59 | 4.47 | 7.87 | 11.08 | 11.51 | 8.70 |
Dividend Payout % | 18% | 17% | 17% | 18% | 17% | 18% | 16% | 34% | 29% | 45% | 87% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 4% |
5 Years: | 4% |
3 Years: | 1% |
TTM: | -9% |
Compounded Profit Growth | |
---|---|
10 Years: | 9% |
5 Years: | 3% |
3 Years: | 2% |
TTM: | -22% |
Stock Price CAGR | |
---|---|
10 Years: | 4% |
5 Years: | 9% |
3 Years: | 0% |
1 Year: | -18% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 13% |
3 Years: | 14% |
Last Year: | 12% |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 11 | 11 | 11 | 11 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 |
Reserves | 87 | 174 | 221 | 424 | 481 | 507 | 523 | 644 | 718 | 753 | 829 | 802 |
14 | 8 | 6 | 0 | 4 | 1 | 5 | 2 | 15 | 13 | 9 | 11 | |
33 | 36 | 46 | 60 | 69 | 71 | 61 | 74 | 91 | 109 | 66 | 66 | |
Total Liabilities | 145 | 229 | 284 | 495 | 577 | 601 | 611 | 742 | 846 | 897 | 927 | 901 |
73 | 65 | 107 | 108 | 131 | 121 | 122 | 114 | 119 | 217 | 197 | 187 | |
CWIP | 2 | 6 | 1 | 1 | 0 | 2 | 25 | 81 | 108 | 0 | 6 | 6 |
Investments | 0 | 90 | 95 | 305 | 361 | 356 | 340 | 461 | 535 | 554 | 588 | 599 |
69 | 68 | 80 | 82 | 84 | 122 | 124 | 86 | 84 | 126 | 137 | 110 | |
Total Assets | 145 | 229 | 284 | 495 | 577 | 601 | 611 | 742 | 846 | 897 | 927 | 901 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
39 | 47 | 61 | 72 | 80 | 51 | 73 | 83 | 99 | 109 | 68 | 112 | |
-8 | -97 | -49 | -52 | -69 | -32 | -45 | -79 | -75 | -69 | -25 | 3 | |
-23 | 42 | -11 | -19 | -10 | -18 | -29 | -4 | -24 | -40 | -43 | -115 | |
Net Cash Flow | 8 | -9 | 0 | 1 | 1 | 0 | -1 | -0 | -0 | 0 | 0 | -0 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 45 | 38 | 38 | 51 | 58 | 63 | 59 | 65 | 37 | 29 | 25 | 32 |
Inventory Days | 364 | 385 | 370 | 336 | 362 | 807 | 757 | 255 | 353 | 596 | 1,280 | 324 |
Days Payable | 45 | 60 | 42 | 65 | 114 | 215 | 167 | 111 | 185 | 206 | 111 | 11 |
Cash Conversion Cycle | 364 | 363 | 367 | 322 | 305 | 655 | 650 | 209 | 205 | 419 | 1,193 | 344 |
Working Capital Days | 69 | 52 | 54 | 73 | 62 | 83 | 91 | 46 | 15 | 44 | 102 | 646 |
ROCE % | 40% | 37% | 37% | 26% | 23% | 21% | 19% | 10% | 17% | 22% | 19% | 16% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Investor Presentation
30 May - Investor Presentation on the Audited Financial Results for the quarter and financial year ended March 31, 2025.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
30 May - La Opala Q4 FY25 revenue INR 7710L, PAT INR 2569L; FY25 revenue INR 33186L, PAT INR 9658L; dividend recommended.
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Announcement under Regulation 30 (LODR)-Change in Management
30 May - Approved FY25 audited results; recommended Rs.7.50/share dividend; re-appointed executive director and auditors.
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Announcement under Regulation 30 (LODR)-Change in Management
30 May - Approved FY25 audited results; recommended Rs.7.50/share dividend; re-appointed Executive Director and auditors.
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Announcement under Regulation 30 (LODR)-Change in Management
30 May - Approved FY25 audited results; recommended Rs.7.50 dividend; re-appointed Executive Director and auditors.
Annual reports
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Financial Year 2024
from bse
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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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Product Portfolio
The product portfolio includes Opal glassware such as plates, bowls, dinner sets, cup-saucer sets, coffee mugs, coffee cups, tea sets, soup sets, pudding, dessert sets, etc, and crystalware which includes barware, vases, bowls, stemware, etc. [1]