Oricon Enterprises Ltd

About

Oricon Enterprises is engaged in the business of manufacturing petrochemical products, trading, liquid colorants and real estate, preform metal and plastic closures.

  • Market Cap 495 Cr.
  • Current Price 31.6
  • High / Low 37.4 / 15.9
  • Stock P/E 3.58
  • Book Value 58.8
  • Dividend Yield 1.58 %
  • ROCE -0.46 %
  • ROE -0.59 %
  • Face Value 2.00

Pros

  • Stock is trading at 0.54 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -11.48% over past five years.
  • Company has a low return on equity of 2.01% for last 3 years.
  • Earnings include an other income of Rs.168.18 Cr.

Peer comparison

Sector: Packaging Industry: Packaging

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
347 273 252 342 179 196 196 79 145 192 139 119
317 240 222 304 170 168 174 88 141 168 128 112
Operating Profit 30 33 30 39 9 28 22 -10 4 23 11 8
OPM % 9% 12% 12% 11% 5% 14% 11% -12% 3% 12% 8% 7%
Other Income 7 10 14 15 7 6 7 6 19 10 1 137
Interest 4 4 7 4 3 4 6 4 4 3 4 3
Depreciation 19 19 20 23 23 23 22 9 21 21 8 9
Profit before tax 14 20 18 26 -10 7 0 -16 -1 9 1 133
Tax % 56% 4% -8% 11% 61% -7% 495% 8% 303% -3% 657% 4%
Net Profit 9 15 15 23 -2 5 -3 -12 4 6 0 130
EPS in Rs 0.59 0.94 0.98 1.44 -0.10 0.29 -0.20 -0.75 0.22 0.37 0.03 8.26

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 TTM
544 822 973 992 887 1,048 1,165 1,167 1,014 1,119 890 633 596
502 746 871 862 787 956 1,079 1,058 941 1,014 793 582 549
Operating Profit 42 76 102 130 100 92 86 110 73 106 96 51 47
OPM % 8% 9% 10% 13% 11% 9% 7% 9% 7% 9% 11% 8% 8%
Other Income 32 45 34 25 26 90 47 55 49 37 35 40 168
Interest 10 16 13 16 16 16 28 22 18 18 17 15 14
Depreciation 11 21 27 37 40 38 56 66 72 75 90 84 58
Profit before tax 52 84 96 102 70 129 49 75 32 49 24 -8 142
Tax % 26% 30% 33% 32% 38% 34% 34% 34% 30% 18% -6% 7%
Net Profit 28 37 39 35 22 43 19 38 18 36 23 -2 140
EPS in Rs 5.83 4.07 3.76 3.39 2.12 2.75 1.19 2.40 1.14 2.31 1.44 -0.12 8.88
Dividend Payout % 6% 9% 12% 13% 21% 16% 42% 0% 44% 22% 56% -401%
Compounded Sales Growth
10 Years:-3%
5 Years:-11%
3 Years:-15%
TTM:-8%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:1267%
Stock Price CAGR
10 Years:-5%
5 Years:-11%
3 Years:4%
1 Year:79%
Return on Equity
10 Years:3%
5 Years:2%
3 Years:2%
Last Year:-1%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
29 29 31 31 31 31 31 31 31 31 31 31
Reserves 410 442 513 546 565 600 612 865 821 846 834 892
Borrowings 147 116 136 185 198 368 401 675 542 491 267 219
250 307 357 383 392 517 486 394 384 418 367 322
Total Liabilities 817 883 1,026 1,135 1,175 1,516 1,531 1,966 1,779 1,787 1,500 1,464
409 444 485 543 537 726 860 836 752 776 756 716
CWIP 11 15 39 2 18 39 33 10 15 14 29 22
Investments 60 62 49 74 141 181 195 349 281 329 188 286
337 361 453 516 479 571 443 771 732 668 528 440
Total Assets 817 883 1,026 1,135 1,175 1,516 1,531 1,966 1,779 1,787 1,500 1,464

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
15 86 30 76 90 139 248 -35 102 159 272 83
32 -34 -66 -72 -94 -224 -213 -200 59 -86 8 -53
25 -61 47 14 -19 78 -38 267 -160 -91 -276 -15
Net Cash Flow 71 -10 10 18 -23 -7 -3 32 1 -18 4 15

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Debtor Days 49 32 34 51 55 74 57 63 73 95 75 84
Inventory Days 39 39 56 58 63 112 77 277 377 172 142 209
Days Payable 84 43 53 72 75 101 61 59 98 78 103 116
Cash Conversion Cycle 5 28 36 38 43 86 73 280 353 189 114 177
Working Capital Days 107 31 31 43 43 90 25 148 168 124 95 126
ROCE % 17% 17% 16% 16% 11% 10% 6% 6% 3% 5% 3% -0%

Shareholding Pattern

Numbers in percentages

Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
65.68 65.68 66.32 66.32 66.32 66.32 66.32 66.32 66.32 66.32 66.32 66.32
5.71 5.84 5.84 5.84 5.84 5.84 5.84 5.84 5.71 5.71 5.71 5.71
1.71 1.72 1.60 1.64 1.60 1.61 1.60 1.60 1.60 1.60 1.59 1.60
26.90 26.76 26.24 26.20 26.25 26.24 26.25 26.25 26.37 26.37 26.38 26.38

Documents