Oriental Carbon & Chemicals Ltd

Oriental Carbon & Chemicals Ltd

₹ 302 20.00%
10 Jun - close price
About

Incorporated in 1978, Oriental Carbon & Chemicals Ltd sells Chemicals (Insoluble Sulphur, Sulphuric acid) and has other Investments[1]

Key Points

Business Overview:[1][2]
OCCL belongs to the Duncan JP Goenka Group of Companies. It is an ISO40001 and ISO45001 certified manufacturer of customised and value added grades of Insoluble Sulphur.

  • Market Cap 302 Cr.
  • Current Price 302
  • High / Low 415 / 132
  • Stock P/E 67.2
  • Book Value 266
  • Dividend Yield 4.63 %
  • ROCE 2.12 %
  • ROE 0.99 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 1.13 times its book value
  • Company is expected to give good quarter
  • Debtor days have improved from 46.2 to 19.0 days.

Cons

  • The company has delivered a poor sales growth of -22.5% over past five years.
  • Company has a low return on equity of 6.05% over last 3 years.
  • Earnings include an other income of Rs.9.94 Cr.
  • Working capital days have increased from 165 days to 331 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
126.40 152.91 140.91 119.75 122.29 19.15 20.05 18.20 23.41 18.68 32.11 29.65 27.83
106.76 123.15 115.97 92.82 94.26 14.73 15.36 14.96 17.35 17.01 27.08 25.81 25.25
Operating Profit 19.64 29.76 24.94 26.93 28.03 4.42 4.69 3.24 6.06 1.67 5.03 3.84 2.58
OPM % 15.54% 19.46% 17.70% 22.49% 22.92% 23.08% 23.39% 17.80% 25.89% 8.94% 15.66% 12.95% 9.27%
1.74 1.64 1.03 0.17 0.29 14.34 7.94 5.37 12.00 7.78 0.73 0.64 0.79
Interest 2.99 3.12 3.56 3.23 3.09 0.03 0.04 0.02 0.02 0.01 0.10 0.12 0.50
Depreciation 6.82 7.14 7.34 7.73 7.20 0.79 0.80 0.81 0.80 0.84 0.96 1.06 1.05
Profit before tax 11.57 21.14 15.07 16.14 18.03 17.94 11.79 7.78 17.24 8.60 4.70 3.30 1.82
Tax % 40.36% 24.46% 26.41% 20.69% 23.96% 3.57% 7.72% 9.77% 3.71% 7.79% 69.57% 33.33% 17.03%
6.89 15.98 11.09 12.80 13.72 17.30 10.87 7.02 16.60 7.93 1.44 2.20 1.51
EPS in Rs 5.61 14.97 9.43 11.61 12.63 16.29 10.07 6.79 15.60 7.54 0.20 1.85 0.88
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
331 347 307 332 369 432 387 384 444 536 464 108
261 277 228 245 266 304 282 257 356 425 360 95
Operating Profit 70 69 79 86 103 128 105 126 88 110 104 13
OPM % 21% 20% 26% 26% 28% 30% 27% 33% 20% 21% 22% 12%
7 12 4 6 4 6 9 3 8 2 4 10
Interest 14 10 8 7 9 9 10 7 8 13 11 1
Depreciation 13 16 17 17 18 20 21 22 24 29 30 4
Profit before tax 50 55 59 69 80 106 83 100 63 70 67 18
Tax % 19% 18% 22% 30% 29% 28% 9% 17% 27% 24% 25% 29%
41 45 46 48 57 77 75 83 46 54 50 13
EPS in Rs 39.31 46.88 48.08 49.74 55.17 75.13 73.14 79.00 43.07 48.64 46.14 10.47
Dividend Payout % 18% 18% 18% 20% 18% 16% 14% 18% 32% 29% 30% 0%
Compounded Sales Growth
10 Years: -11%
5 Years: -22%
3 Years: -38%
TTM: -77%
Compounded Profit Growth
10 Years: -21%
5 Years: -43%
3 Years: -52%
TTM: -90%
Stock Price CAGR
10 Years: 10%
5 Years: 12%
3 Years: 16%
1 Year: 74%
Return on Equity
10 Years: 12%
5 Years: 8%
3 Years: 6%
Last Year: 1%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 10 10 10 10 10 10 10 10 10 10 10 10
Reserves 197 234 273 326 371 399 455 523 551 592 627 256
120 107 86 111 122 132 154 185 189 167 139 3
78 88 82 79 85 91 78 96 115 117 120 57
Total Liabilities 405 439 451 527 589 631 697 814 865 886 896 327
222 215 207 327 328 361 354 342 453 478 465 69
CWIP 2 4 40 3 40 3 25 113 41 1 1 0
Investments 11 27 16 38 61 93 133 185 181 225 247 221
169 193 189 159 160 174 185 173 190 181 183 37
Total Assets 405 439 451 527 589 631 697 814 865 886 896 327

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
53 70 70 82 94 93 115 91 61 105 97 8
-21 -31 -40 -82 -74 -49 -85 -129 -41 -54 -43 12
-34 -34 -38 -2 -12 -50 -10 16 -21 -52 -54 -18
Net Cash Flow -2 5 -9 -2 8 -6 20 -21 -0 -1 1 1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 71 71 72 93 80 75 67 77 71 56 64 19
Inventory Days 157 149 197 162 169 152 134 168 151 118 148 87
Days Payable 73 83 77 94 91 63 61 88 70 44 59 40
Cash Conversion Cycle 155 137 193 160 158 165 140 156 152 130 154 66
Working Capital Days 66 61 70 78 66 73 70 86 84 74 89 331
ROCE % 18% 19% 18% 18% 18% 22% 15% 16% 9% 11% 10% 2%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
51.76% 51.76% 51.76% 51.76% 51.76% 51.76% 51.76% 51.76% 51.76% 51.76% 51.76% 51.76%
1.36% 1.40% 1.28% 1.29% 0.69% 0.74% 0.74% 0.69% 0.56% 0.03% 0.02% 0.05%
14.23% 14.14% 13.77% 13.14% 12.84% 11.75% 11.75% 11.73% 11.05% 5.70% 5.17% 5.08%
32.64% 32.70% 33.19% 33.81% 34.72% 35.74% 35.75% 35.82% 36.63% 42.51% 43.03% 43.10%
No. of Shareholders 19,80419,77119,54919,28819,06519,95220,23820,61622,93831,59532,21932,049

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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