Oswal Agro Mills Ltd
Oswal Agro Mills Ltd is engaged in the business of trading/development of real estate, trading of goods etc and also lends its surplus funds as interest bearing inter-corporate deposits. [1]
- Market Cap ₹ 618 Cr.
- Current Price ₹ 46.0
- High / Low ₹ 59.0 / 24.0
- Stock P/E 404
- Book Value ₹ 62.3
- Dividend Yield 0.00 %
- ROCE 1.97 %
- ROE 2.91 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.74 times its book value
- Debtor days have improved from 112 to 73.8 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 2.76% over last 3 years.
- Earnings include an other income of Rs.10.8 Cr.
* 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 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
9.49 | 45.91 | 11.59 | 42.43 | 15.12 | 15.50 | 22.37 | 0.00 | 14.61 | 29.27 | 11.02 | 27.95 | 24.41 | |
12.49 | 28.22 | 2.95 | 32.41 | 20.53 | 22.33 | 32.10 | 9.73 | 30.56 | 39.98 | 19.99 | 37.39 | 31.71 | |
Operating Profit | -3.00 | 17.69 | 8.64 | 10.02 | -5.41 | -6.83 | -9.73 | -9.73 | -15.95 | -10.71 | -8.97 | -9.44 | -7.30 |
OPM % | -31.61% | 38.53% | 74.55% | 23.62% | -35.78% | -44.06% | -43.50% | -109.17% | -36.59% | -81.40% | -33.77% | -29.91% | |
-43.21 | -24.76 | 7.67 | 8.48 | 11.95 | 18.61 | 19.22 | 21.67 | 25.92 | 22.24 | 12.66 | 25.95 | 10.78 | |
Interest | 0.05 | 0.00 | 0.07 | 0.03 | 0.06 | 0.10 | 0.05 | 0.05 | 0.09 | 0.08 | 0.10 | 0.11 | 0.11 |
Depreciation | 0.13 | 0.13 | 0.16 | 0.16 | 0.17 | 0.18 | 0.19 | 0.21 | 0.37 | 0.36 | 0.36 | 0.37 | 0.36 |
Profit before tax | -46.39 | -7.20 | 16.08 | 18.31 | 6.31 | 11.50 | 9.25 | 11.68 | 9.51 | 11.09 | 3.23 | 16.03 | 3.01 |
Tax % | -0.56% | 0.00% | 20.77% | 12.45% | 42.63% | 33.48% | -32.43% | 20.63% | 26.81% | 51.22% | 16.10% | 41.55% | |
-18.50 | -6.42 | 26.33 | 16.04 | 16.62 | 31.10 | 27.22 | 26.38 | 32.39 | 23.20 | 19.09 | 23.88 | 1.53 | |
EPS in Rs | -1.38 | -0.48 | 1.96 | 1.19 | 1.24 | 2.32 | 2.03 | 1.97 | 2.41 | 1.73 | 1.42 | 1.78 | 0.12 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -5% |
5 Years: | 5% |
3 Years: | 24% |
TTM: | 87% |
Compounded Profit Growth | |
---|---|
10 Years: | 2% |
5 Years: | -3% |
3 Years: | -10% |
TTM: | -95% |
Stock Price CAGR | |
---|---|
10 Years: | 14% |
5 Years: | 44% |
3 Years: | 68% |
1 Year: | 51% |
Return on Equity | |
---|---|
10 Years: | 3% |
5 Years: | 3% |
3 Years: | 3% |
Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 134.23 | 134.23 | 134.23 | 134.23 | 134.23 | 134.23 | 134.23 | 134.23 | 134.23 | 134.23 | 134.23 | 134.23 | 134.23 |
Reserves | 456.64 | 450.41 | 476.94 | 493.06 | 523.82 | 547.36 | 574.40 | 599.90 | 631.75 | 655.06 | 674.23 | 698.68 | 702.28 |
25.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.47 | 0.37 | 0.32 | 0.21 | 0.15 | |
1.24 | 12.03 | 1.60 | 17.00 | 11.43 | 6.90 | 3.90 | 2.96 | 21.57 | 9.44 | 4.91 | 5.09 | 6.11 | |
Total Liabilities | 617.11 | 596.67 | 612.77 | 644.29 | 669.48 | 688.49 | 712.53 | 737.09 | 788.02 | 799.10 | 813.69 | 838.21 | 842.77 |
5.70 | 7.87 | 7.72 | 7.56 | 4.82 | 7.18 | 7.19 | 7.69 | 7.77 | 7.40 | 7.26 | 6.90 | 6.71 | |
CWIP | 2.08 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 313.86 | 382.37 | 477.92 | 379.32 | 355.70 | 490.15 | 514.53 | 486.23 | 453.01 | 451.05 | 466.21 | 565.91 | 570.15 |
295.47 | 206.43 | 127.13 | 257.41 | 308.96 | 191.16 | 190.81 | 243.17 | 327.24 | 340.65 | 340.22 | 265.40 | 265.91 | |
Total Assets | 617.11 | 596.67 | 612.77 | 644.29 | 669.48 | 688.49 | 712.53 | 737.09 | 788.02 | 799.10 | 813.69 | 838.21 | 842.77 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-103.97 | 76.75 | 32.97 | -112.55 | -111.13 | 161.03 | -32.00 | 10.77 | -27.79 | -63.38 | 6.60 | -16.02 | |
10.91 | -48.20 | -61.43 | 110.40 | 100.79 | -144.95 | 22.63 | -12.11 | 59.78 | 32.05 | 179.77 | -138.12 | |
0.33 | 0.19 | 0.19 | 0.08 | 5.58 | -5.63 | -0.07 | 0.00 | -0.01 | -0.13 | -0.09 | -0.14 | |
Net Cash Flow | -92.73 | 28.74 | -28.27 | -2.06 | -4.76 | 10.44 | -9.44 | -1.34 | 31.98 | -31.46 | 186.28 | -154.28 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0.00 | 194.07 | 201.87 | 175.83 | 365.00 | 0.00 | 363.53 | 430.46 | 253.64 | 7.95 | 73.78 | |
Inventory Days | 310.25 | 297.68 | 1,574.78 | 1,535.98 | 1,064.49 | 1,653.97 | 817.56 | 2,170.93 | 848.92 | |||
Days Payable | 158.57 | 221.47 | 208.15 | 0.00 | 0.00 | 431.02 | 33.64 | 0.00 | 0.00 | |||
Cash Conversion Cycle | 0.00 | 345.75 | 201.87 | 252.05 | 1,731.62 | 1,535.98 | 1,428.02 | 1,653.41 | 1,037.57 | 2,178.88 | 922.70 | |
Working Capital Days | 3,472.31 | 572.27 | 3,205.95 | 1,760.74 | 5,668.85 | 2,612.93 | 1,401.26 | 4,861.92 | 1,834.60 | 4,639.34 | 1,336.33 | |
ROCE % | 1.40% | 3.17% | 2.76% | 2.96% | 1.51% | 1.73% | 1.34% | 1.63% | 1.28% | 1.44% | 0.42% | 1.97% |
Documents
Announcements
- Please Find Enclosed Herewith Certificate Issued By The Practising Company Secretary In Pursuance Of Regulation 40(10) Of SEBI (Listing Regulations, 2015) For The Year Ended March 31, 2024. 1d
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 11 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 11 Apr
- Announcement Under Regulation 30(5) Of SEBI Listing Regulation, 2015 9 Apr
- Compliance Certificate Under Regulation 7(3) Of SEBI Listing Regulation, 2015 For The Year Ended March 31, 2024 9 Apr
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Nature of Business
During FY21, the Co was primarily engaged in trading in commodities. Apart from trading activities, it generated income from interest on inter corporate deposits. [1]
Financial Activities
The company in FY19 and FY20 met the '50-50' test for determining financial activity as a principal business and technically got covered under the definition of NBFC. In this regard, the company had filed an application dated 13.08.2020 with RBI to seek exemption from being treated as NBFC by ensuring that income from non-financial activities is more than 50% of the total income. It is currently under review by the RBI. The Co’s income from non-financial activities for the FY21 has exceeded 50% of the gross income. [2]
Revenues
The Co’s operating revenues consisted of income from trading of commodities amounting to Rs. 29 Cr. during FY21 which was 100% of operating revenues in FY21. During FY20, the income from trading was NIL. [3]