OSEL Devices Ltd
₹ 524
-3.45%
08 Jan
- close price
About
Founded in 2006, Osel Devices Limited manufactures LED display systems and hearing aids.[1]
Key Points
- Market Cap ₹ 928 Cr.
- Current Price ₹ 524
- High / Low ₹ 835 / 186
- Stock P/E 34.1
- Book Value ₹ 100.0
- Dividend Yield 0.00 %
- ROCE 31.1 %
- ROE 30.1 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 39.2%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -6.32%
- Debtor days have increased from 86.3 to 128 days.
- Working capital days have increased from 75.9 days to 163 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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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 57 | 65 | 82 | 132 | 186 | 246 | |
| 55 | 61 | 73 | 110 | 153 | 201 | |
| Operating Profit | 3 | 4 | 9 | 22 | 33 | 45 |
| OPM % | 5% | 7% | 11% | 17% | 18% | 18% |
| 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 0 | 1 | 1 | 3 | 3 | 6 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 2 | 3 | 7 | 19 | 29 | 38 |
| Tax % | 33% | 29% | 33% | 32% | 31% | |
| 1 | 2 | 5 | 13 | 20 | 27 | |
| EPS in Rs | 9.99 | 11.39 | 25.04 | 10.99 | 12.43 | 16.04 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 42% |
| TTM: | 46% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 111% |
| TTM: | 73% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 61% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 39% |
| Last Year: | 30% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 1 | 2 | 2 | 12 | 16 | 18 |
| Reserves | 4 | 6 | 10 | 14 | 92 | 159 |
| 10 | 9 | 18 | 25 | 50 | 100 | |
| 8 | 17 | 19 | 48 | 40 | 46 | |
| Total Liabilities | 23 | 33 | 49 | 99 | 198 | 323 |
| 6 | 5 | 7 | 18 | 17 | 22 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 41 |
| 17 | 28 | 42 | 80 | 180 | 259 | |
| Total Assets | 23 | 33 | 49 | 99 | 198 | 323 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| -3 | 3 | -11 | 13 | -38 | |
| 0 | 0 | -2 | -13 | -0 | |
| 5 | -2 | 8 | 4 | 53 | |
| Net Cash Flow | 2 | 1 | -4 | 4 | 14 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 45 | 63 | 57 | 73 | 128 |
| Inventory Days | 28 | 63 | 94 | 91 | 104 |
| Days Payable | 37 | 94 | 84 | 130 | 77 |
| Cash Conversion Cycle | 36 | 33 | 67 | 35 | 156 |
| Working Capital Days | -12 | -7 | 27 | 38 | 163 |
| ROCE % | 26% | 35% | 54% | 31% |
Documents
Announcements
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Clarification - Financial Results
7 January 2026 - Exchange has sought clarification from Osel Devices Limited for the quarter ended 30-Sep-2025 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. On …
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Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
5 January 2026 - Exemption from SEBI corporate governance rules; won't file corporate governance report for quarter ended Dec 31, 2025.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
5 January 2026 - Certificate under Reg 74(5): dematerialisation confirmations for quarter ended Dec 31, 2025 by MAS Services.
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Incorporation
26 December 2025 - Osel Devices incorporated wholly-owned Proxima Leasing Pvt Ltd on Dec 19, 2025; capital 10,000 shares of Rs10.
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Product launch
3 December 2025 - Launch of Philips 5G Smartphones in December 2025 (domestic); specs include 50MP, 5700mAh, 6/8GB, 128/256GB.
Annual reports
Concalls
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Nov 2025Transcript PPT REC
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Aug 2025TranscriptAI SummaryPPT
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May 2025Transcript PPT
Business Divison[1]
A)LED Display System (70% of FY23 revenue)[2]
The company manufactures LED display systems for commercial use, including key components for advertising media, billboards, corporate boardrooms, presentations, display promotions, command centers, and front signs.
These LED display systems come with an integrated content management system that allows users to connect via phone or computer to manage and display content on the screens.