On Door Concepts Ltd
Incorporated in 2014, Ondoor Concepts
Ltd is in the business of retailing household
and consumer products through e-commerce platform and departmental stores[1]
- Market Cap ₹ 70.4 Cr.
- Current Price ₹ 125
- High / Low ₹ 209 / 100
- Stock P/E 8.16
- Book Value ₹ 184
- Dividend Yield 0.00 %
- ROCE 7.86 %
- ROE 8.11 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.68 times its book value
- Company has delivered good profit growth of 19.5% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -3.76%
- Promoter holding is low: 33.5%
- Tax rate seems low
* 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 Services Retailing Diversified Retail
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 173 | 117 | 183 | 173 | 180 | 234 | 273 | 288 | |
| 203 | 133 | 182 | 172 | 176 | 224 | 261 | 275 | |
| Operating Profit | -30 | -16 | 1 | 1 | 4 | 10 | 12 | 13 |
| OPM % | -17% | -14% | 0% | 1% | 2% | 4% | 4% | 5% |
| 5 | 4 | 0 | 0 | 13 | -0 | 0 | 0 | |
| Interest | 7 | 2 | 4 | 3 | 1 | 0 | 0 | 1 |
| Depreciation | 3 | 3 | 3 | 4 | 3 | 4 | 4 | 4 |
| Profit before tax | -35 | -18 | -5 | -6 | 13 | 5 | 8 | 8 |
| Tax % | -0% | -1% | -4% | -8% | 0% | -15% | -2% | |
| -35 | -18 | -5 | -5 | 13 | 6 | 8 | 9 | |
| EPS in Rs | 10.73 | 13.77 | 15.28 | |||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 18% |
| 3 Years: | 16% |
| TTM: | 15% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 20% |
| 3 Years: | 51% |
| TTM: | 1% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -14% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 8% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1 | 2 | 2 | 2 | 4 | 6 | 6 | 6 |
| Reserves | -64 | -67 | -63 | -68 | 47 | 86 | 94 | 98 |
| 66 | 108 | 112 | 112 | 1 | 1 | 11 | 9 | |
| 45 | 9 | 15 | 32 | 38 | 21 | 19 | 21 | |
| Total Liabilities | 47 | 53 | 66 | 78 | 90 | 114 | 130 | 134 |
| 29 | 28 | 31 | 36 | 48 | 47 | 47 | 45 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 18 | 25 | 34 | 42 | 42 | 67 | 83 | 89 | |
| Total Assets | 47 | 53 | 66 | 78 | 90 | 114 | 130 | 134 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| -7 | -52 | -4 | 12 | 21 | -25 | 5 | |
| -5 | -2 | -7 | -8 | -14 | -4 | -9 | |
| 11 | 56 | 9 | -3 | -8 | 35 | -0 | |
| Net Cash Flow | -0 | 1 | -1 | 0 | 0 | 6 | -4 |
| Free Cash Flow | -12 | -54 | -11 | 3 | 6 | -28 | 1 |
| CFO/OP | 23% | 329% | -519% | 875% | 532% | -262% | 42% |
Ratios
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 7 | 4 | 2 | 4 | 23 | 25 | 22 |
| Inventory Days | 21 | 49 | 57 | 77 | 57 | 60 | 69 |
| Days Payable | 97 | 25 | 31 | 47 | 62 | 22 | 14 |
| Cash Conversion Cycle | -69 | 27 | 28 | 35 | 18 | 63 | 76 |
| Working Capital Days | -60 | 36 | 31 | 10 | 1 | 54 | 56 |
| ROCE % | -67% | -4% | -5% | 1% | 7% | 8% |
Insights
In beta| Jan 2015 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Number of Stores Number |
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| Authorized Share Capital INR Crore |
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| Trade Payables Turnover Ratio Times |
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| Trade Receivables Turnover Ratio Times |
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| Number of Employees Number |
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| Number of Product Categories Number |
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Documents
Announcements
-
Trading Window
25 March 2026 - Trading window closed from 01-Apr-2026 until 48 hours after audited results for half-year/year ended 31-Mar-2026.
-
General Updates
14 March 2026 - Board formed Fund Raising Committee (13 Mar 2026); investor presentation submitted (14 Mar 2026) for proposed fundraising.
-
Appointment
13 March 2026 - Board approved Ms. Shalini Agrawal as Independent Director for five-year term from March 13, 2026.
-
Outcome of Board Meeting
13 March 2026 - 13 Mar 2026: Appointed Ms. Shalini Agrawal; board approved proposed preferential fund raising and Fund Raising Committee.
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Trading Window
6 March 2026 - Trading window closed Mar 8–14, 2026 ahead of board meeting on Mar 13, 2026.
Business Overview:[1]
ODCL is a regional omnichannel retailer of groceries and household essentials. It runs supermarket stores and offers the additional convenience of online orders.