Orkla India Ltd
Incorporated in 1996, Orkla India Limited is an Indian food company, offering a diverse range of food products, from breakfast to lunch and dinner, snacks, beverages, and desserts.[1]It has iconic heritage Indian brands – MTR, Eastern and Rasoi Magic.
- Market Cap ₹ 7,634 Cr.
- Current Price ₹ 557
- High / Low ₹ 760 / 533
- Stock P/E 26.2
- Book Value ₹ 201
- Dividend Yield 0.00 %
- ROCE 14.9 %
- ROE 11.2 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
Cons
- Stock is trading at 2.78 times its book value
- Company has a low return on equity of 9.90% over last 3 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 820 | 967 | 1,838 | 2,172 | 2,356 | 2,395 | 2,509 | |
| 682 | 776 | 1,600 | 1,861 | 2,015 | 1,998 | 2,091 | |
| Operating Profit | 138 | 191 | 238 | 312 | 341 | 396 | 418 |
| OPM % | 17% | 20% | 13% | 14% | 14% | 17% | 17% |
| -3 | 11 | 15 | 28 | 34 | 27 | 25 | |
| Interest | 7 | 5 | 29 | 27 | 7 | 7 | 7 |
| Depreciation | 32 | 31 | 56 | 55 | 62 | 62 | 54 |
| Profit before tax | 96 | 166 | 167 | 257 | 307 | 355 | 382 |
| Tax % | 26% | 25% | 30% | -32% | 26% | 28% | 25% |
| 69 | 123 | 117 | 339 | 226 | 256 | 286 | |
| EPS in Rs | 70.66 | 100.03 | 95.03 | 275.04 | 168.99 | 186.65 | 20.85 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 235% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 21% |
| 3 Years: | 5% |
| TTM: | 5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 20% |
| 3 Years: | -4% |
| TTM: | 13% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 10% |
| 3 Years: | 10% |
| Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 12 | 12 | 12 | 13 | 14 | 14 |
| Reserves | 268 | 1,772 | 1,889 | 2,227 | 2,793 | 2,446 | 2,736 |
| 12 | 80 | 35 | 95 | 64 | 54 | 63 | |
| 172 | 823 | 856 | 767 | 505 | 657 | 589 | |
| Total Liabilities | 462 | 2,688 | 2,793 | 3,102 | 3,375 | 3,171 | 3,402 |
| 248 | 2,036 | 2,045 | 2,013 | 2,055 | 1,981 | 1,968 | |
| CWIP | 4 | 4 | 3 | 74 | 4 | 8 | 4 |
| Investments | 80 | 52 | 201 | 255 | 325 | 175 | 573 |
| 130 | 596 | 544 | 760 | 991 | 1,008 | 857 | |
| Total Assets | 462 | 2,688 | 2,793 | 3,102 | 3,375 | 3,171 | 3,402 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 96 | 148 | 180 | 190 | 296 | 392 | 261 | |
| -68 | -1,203 | -168 | -165 | -237 | 263 | -307 | |
| -23 | 1,109 | -57 | -15 | -45 | -613 | -13 | |
| Net Cash Flow | 5 | 53 | -45 | 10 | 15 | 42 | -58 |
| Free Cash Flow | 81 | 134 | 153 | 113 | 258 | 372 | 240 |
| CFO/OP | 92% | 100% | 101% | 85% | 111% | 125% | 85% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 7 | 36 | 20 | 19 | 26 | 25 | 27 |
| Inventory Days | 63 | 232 | 104 | 111 | 84 | 93 | 77 |
| Days Payable | 62 | 161 | 71 | 58 | 66 | 81 | 66 |
| Cash Conversion Cycle | 8 | 106 | 52 | 73 | 45 | 36 | 37 |
| Working Capital Days | -18 | 40 | -32 | -24 | 54 | 17 | 28 |
| ROCE % | 15% | 10% | 13% | 12% | 14% | 15% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Consolidated Volume Growth (Tonnage) % yoy |
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| In-house Manufacturing Capacity Utilization % |
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| Digital Commerce Share of Domestic Revenue % |
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| Retail Touchpoints Number |
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| Market Share - Karnataka Packaged Spices % ・Standalone data |
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| Market Share - Kerala Packaged Spices % ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
27 Jul - Newspaper Advertisement - Notice of 30th Annual General Meeting and other related information.
- Notice Of The 30Th Annual General Meeting Scheduled To Be Held On Wednesday, August 19, 2026 25 Jul
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Business Responsibility and Sustainability Reporting (BRSR)
25 Jul - Submitted FY2025-26 BRSR with annual sustainability, governance, and ESG performance disclosures.
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Reg. 34 (1) Annual Report.
25 Jul - Submitted Annual Report for FY 2025-26; available on company website.
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Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015
21 Jul - Received GST SCN dated July 20, 2026 for Rs. 8.41 crore demand, including Rs. 52.86 lakh penalty.
Concalls
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May 2026Transcript PPT REC
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Feb 2026Transcript PPT REC
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Nov 2025Transcript PPT REC
Business Profile[1]
Orkla India is a multi-category Indian food company with decades of experience, offering a diverse range of packaged foods catering to all meal occasions — from breakfast to desserts.