La Opala RG Ltd
La Opala RG is a leading manufacturer and marketer of tablewares (opal and glass) in India.
- Market Cap ₹ 2,117 Cr.
- Current Price ₹ 192
- High / Low ₹ 287 / 187
- Stock P/E 20.5
- Book Value ₹ 72.2
- Dividend Yield 3.91 %
- ROCE 15.4 %
- ROE 10.9 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Stock is providing a good dividend yield of 3.91%.
- Company has been maintaining a healthy dividend payout of 72.7%
Cons
- The company has delivered a poor sales growth of 4.21% over past five 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.
Peer comparison
Consumer Discretionary Consumer Durables Consumer Durables Glass - Consumer
Part of BSE Allcap BSE Consumer Discretionary
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 176 | 222 | 248 | 235 | 259 | 278 | 270 | 211 | 323 | 452 | 365 | 332 | 318 | |
| 126 | 156 | 161 | 146 | 150 | 165 | 166 | 143 | 200 | 280 | 229 | 224 | 200 | |
| Operating Profit | 50 | 66 | 86 | 89 | 109 | 113 | 104 | 69 | 122 | 172 | 136 | 108 | 118 |
| OPM % | 28% | 30% | 35% | 38% | 42% | 40% | 39% | 32% | 38% | 38% | 37% | 33% | 37% |
| 1 | 1 | 1 | 11 | 11 | 17 | 17 | 8 | 12 | 22 | 44 | 48 | 39 | |
| Interest | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 4 | 7 | 6 | 5 | 5 |
| Depreciation | 7 | 10 | 9 | 12 | 14 | 16 | 16 | 12 | 14 | 22 | 22 | 18 | 20 |
| Profit before tax | 41 | 56 | 78 | 86 | 105 | 113 | 105 | 64 | 117 | 165 | 152 | 132 | 131 |
| 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 | 102 | |
| 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 | 9.16 |
| Dividend Payout % | 18% | 17% | 17% | 18% | 17% | 18% | 16% | 34% | 29% | 45% | 87% | 86% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 4% |
| 3 Years: | 1% |
| TTM: | -6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 2% |
| 3 Years: | 1% |
| TTM: | 9% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -4% |
| 5 Years: | -2% |
| 3 Years: | -19% |
| 1 Year: | -19% |
| Return on Equity | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 13% |
| 3 Years: | 14% |
| Last Year: | 11% |
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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11 | 11 | 11 | 11 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 |
| Reserves | 87 | 174 | 221 | 424 | 481 | 507 | 523 | 644 | 718 | 753 | 829 | 802 | 780 |
| 14 | 8 | 6 | 0 | 4 | 1 | 5 | 2 | 15 | 13 | 9 | 11 | 8 | |
| 33 | 36 | 46 | 60 | 69 | 71 | 61 | 74 | 91 | 109 | 66 | 66 | 70 | |
| Total Liabilities | 145 | 229 | 284 | 495 | 577 | 601 | 611 | 742 | 846 | 897 | 927 | 901 | 880 |
| 73 | 65 | 107 | 108 | 131 | 121 | 122 | 114 | 119 | 217 | 197 | 187 | 181 | |
| CWIP | 2 | 6 | 1 | 1 | 0 | 2 | 25 | 81 | 108 | 0 | 6 | 6 | 0 |
| Investments | 0 | 90 | 95 | 305 | 361 | 356 | 340 | 461 | 535 | 554 | 588 | 599 | 566 |
| 69 | 68 | 80 | 82 | 84 | 122 | 124 | 86 | 84 | 126 | 137 | 110 | 133 | |
| Total Assets | 145 | 229 | 284 | 495 | 577 | 601 | 611 | 742 | 846 | 897 | 927 | 901 | 880 |
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 | 416 |
| Days Payable | 45 | 60 | 42 | 65 | 114 | 215 | 167 | 111 | 185 | 206 | 111 | 45 |
| Cash Conversion Cycle | 364 | 363 | 367 | 322 | 305 | 655 | 650 | 209 | 205 | 419 | 1,193 | 402 |
| Working Capital Days | 40 | 39 | 45 | 73 | 56 | 82 | 84 | 44 | 14 | 41 | 99 | 76 |
| ROCE % | 40% | 37% | 37% | 26% | 23% | 21% | 19% | 10% | 17% | 22% | 19% | 15% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Investor Presentation
2d - Investors Presentation for the third quarter and nine months ended December 31, 2025.
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Unaudited Financial Results For The Quarter And Nine Months Ended December 31, 2025
2d - Board approved unaudited Q3 and nine-month results to Dec 31, 2025: Q3 profit Rs2400.18 lakh; exceptional Rs179.19 lakh.
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Board Meeting Outcome for Outcome Of Board Meeting Held On February 14, 2026.
2d - Board approved unaudited Q3 and 9M results to Dec 31, 2025; limited review unqualified; Rs.179.19 lakh exceptional charge.
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Board Meeting Intimation for Meeting Of The Board Of The Company Scheduled To Be Held On Saturday, February 14, 2026 Pursuant To Regulation 29 Of The SEBI (LODR) Regulations, 2015.
10 Feb - Board meeting Feb 14 to approve unaudited Q3/9M results for Dec 31, 2025; trading window closed.
-
Announcement under Regulation 30 (LODR)-Credit Rating
13 Jan - CARE reaffirms La Opala RG ratings: CARE AA (LT) and CARE A1+ (ST) for ₹13 crore, Jan 12, 2026.
Annual reports
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Financial Year 2025
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Financial Year 2024
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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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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]