Oriental Carbon & Chemicals Ltd - Stock Valuation and Financial Performance

BSE: 506579 | NSE: OCCL | Chemicals | Small Cap

Oriental Carbon&Chem Share Price

741 23.25 3.24%
as on 18-May'24 12:50

DeciZen - make an informed investing decision on Oriental Carbon&Chem

Overall Rating
Bole Toh

1. Quality

2. Valuation

Undervalued

3. Price Trend

Semi Strong

Oriental Carbon & Chemicals stock performance -

mw4me loader
P/E Ratio (SA):
17.39
Market Cap:
717 Cr.
52-wk low:
647.7
52-wk high:
936.9

Is Oriental Carbon & Chemicals Ltd an attractive stock to invest in?

1. Is Oriental Carbon & Chemicals Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Oriental Carbon & Chemicals Ltd is a average quality company.

2. Is Oriental Carbon & Chemicals Ltd undervalued or overvalued?

The key valuation ratios of Oriental Carbon & Chemicals Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

3. Is Oriental Carbon & Chemicals Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Oriental Carbon & Chemicals Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Oriental Carbon&Chem:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Oriental Carbon & Chemicals Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 18.1%15.9%16.3%13.9%13.5%15.3%13.6%12%5.9%7.4%-
Value Creation
Index
0.30.10.2-00.00.10.0-0.1-0.6-0.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 262283275297328388343342388465395
Sales YoY Gr.-8%-2.8%8.3%10.4%18.1%-11.4%-0.4%13.3%19.9%-
Adj EPS 45.244.250.551.156.973.97275.13746.341.3
YoY Gr.--2.2%14.2%1.2%11.5%29.8%-2.6%4.4%-50.7%24.9%-
BVPS (₹) 196.9236.5277.8333376.7413.9468.4533.1557.6594.3617.7
Adj Net
Profit
46.545.55252.658.673.871.9753746.241
Cash Flow from Ops. 51.57068.477.186.788.510885.151.790.7-
Debt/CF from Ops. 21.31.11.31.41.41.42.13.51.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 6.6%7.2%10.6%19.9%
Adj EPS 0.3%-4.1%-13.7%24.9%
BVPS13.1%9.6%8.3%6.6%
Share Price 16.8% -8.3% -7.7% -2.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
24.820.319.616.71618.416.3156.886.8
Op. Profit
Mgn %
29.425.629.73031.1323035.820.421.423.4
Net Profit
Mgn %
17.816.118.917.717.91920.921.99.59.910.4
Debt to
Equity
0.50.40.30.30.30.30.30.30.30.3-
Working Cap
Days
157164187169157144157154147125110
Cash Conv.
Cycle
8081868792899786948660

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 10.61%

Return on Equity has declined versus last 3 years average to 6.80%

Net Profit has been subdued in last 3 years -13.69%

Sales growth is not so good in last 4 quarters at -15.51%

Latest Financials - Oriental Carbon & Chemicals Ltd.

Standalone Consolidated
TTM EPS (₹) 41.3 44.6
TTM Sales (₹ Cr.) 395 462
BVPS (₹.) 617.7 629.1
Reserves (₹ Cr.) 607 618
P/BV 1.16 1.14
PE 17.39 16.09
From the Market
52 Week Low / High (₹) 647.65 / 936.85
All Time Low / High (₹) 4.00 / 1589.00
Market Cap (₹ Cr.) 717
Equity (₹ Cr.) 10
Face Value (₹) 10
Industry PE 50.6

Management X-Ray of Oriental Carbon&Chem:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Oriental Carbon&Chem

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales262283275297328388343342388465
Operating Expenses 194211194209230268245221309369
Manufacturing Costs52534446525650435561
Material Costs68857070761039079135179
Employee Cost 23283337394545444650
Other Costs 51454756626360547479
Operating Profit 6871818898120991217896
Operating Profit Margin (%) 26.0%25.2%29.5%29.6%30.0%31.0%28.8%35.5%20.2%20.6%
Other Income 313675910283
Interest 118658896813
Depreciation 10131615161920212328
Exceptional Items 0000000000
Profit Before Tax 506365758010379975557
Tax 1012122123298221514
Profit After Tax 40515354577472754044
PAT Margin (%) 15.5%18.2%19.3%18.2%17.3%19.0%20.8%21.9%10.3%9.4%
Adjusted EPS (₹)39.349.851.552.655.173.871.675.140.043.8
Dividend Payout Ratio (%)18%17%17%19%18%16%14%19%35%32%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 204244287343388414468533557594
Share Capital 10101010101010101010
Reserves 194234276333378404458523547584
Minority Interest0000000000
Debt8270498698102134154140129
Long Term Debt644421646972961139473
Short Term Debt18262823293138414655
Trade Payables14151018191814192519
Others Liabilities 576271608478628510996
Total Liabilities 356391417507589612679791831837

Fixed Assets

Gross Block271276285421437489500507638686
Accumulated Depreciation7888103115129144162180200224
Net Fixed Assets193188183306308344338327437462
CWIP 2440340325113411
Investments 2641305376108147199187217
Inventories38373932394634405960
Trade Receivables47514877768467758176
Cash Equivalents 1018101311425322
Others Assets40526824392342342420
Total Assets 356391417507589612679791831837

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 527068778789108855291
PBT 506365758010379975557
Adjustment 20202016232723152443
Changes in Working Capital -71-120-2021-11-160
Tax Paid -11-13-15-15-16-20-16-16-11-10
Cash Flow From Investing Activity -23-31-42-84-72-45-83-123-32-38
Capex -22-16-51-69-61-22-47-82-49-20
Net Investments -6-1511-21-14-28-39-4116-19
Others 50-26453010
Cash Flow From Financing Activity -32-32-355-7-51-317-21-52
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -11-21-2036751229-4-35
Interest Paid -11-9-6-4-8-8-9-7-6-9
Dividend Paid -5-8-9-9-10-11-12-10-17-14
Others -460-184-376466
Net Cash Flow -37-9-28-822-22-10
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)21.662320.0117.2315.5318.416.2214.997.337.6
ROCE (%)20.5422.1820.5319.8318.4121.2315.3315.528.699.42
Asset Turnover Ratio0.790.790.710.670.610.650.530.470.480.56
PAT to CFO Conversion(x)1.31.371.281.431.531.21.51.131.32.07
Working Capital Days
Receivable Days58616373847580757361
Inventory Days50474842394043394647
Payable Days70626774896565776044

Oriental Carbon & Chemicals Ltd Stock News

Oriental Carbon & Chemicals Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Oriental Carbon&Chem on 18-May-2024 12:50 is ₹741.0.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 18-May-2024 12:50 the market cap of Oriental Carbon&Chem stood at ₹717.0.
The latest P/E ratio of Oriental Carbon&Chem as of 18-May-2024 12:50 is 17.39.
The latest P/B ratio of Oriental Carbon&Chem as of 18-May-2024 12:50 is 1.16.
The 52-week high of Oriental Carbon&Chem is ₹936.9 and the 52-week low is ₹647.6.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Oriental Carbon&Chem is ₹395.5 ( Cr.) .

About Oriental Carbon & Chemicals Ltd

Oriental Carbon and Chemicals (OCCL), a company belonging to the Duncan JP Goenka group of companies, traces its origin when it was incorporated in 1978 as Dharuhera Chemicals Limited (DCL). In 1994 OCCL set up a unit for manufacturing of Insoluble sulfur which later emerged as the star product of the group.

OCCL produces wide range of insoluble sulfur grades (Including Pre-dispersed & Master batches), which are being widely exported to leading tyre companies around the world. OCCL's efforts in exports have earned Government of India's recognition as certified 'Star Export House'. In India OCCL is the undisputed leader with major market share. One of OCCL's unit in Dharuhera as a designated Export Oriented Unit.

OCCL’s Insoluble sulfur units are situated at Dharuhera, in the Indian State of Harayana, about 80 Km South West of New Delhi. Insoluble sulfur manufactured in this plant is marketed as 'Diamond Sulf' in India and around the world. The plant, through continuous innovations over the years, can be counted among the best in the world.

Quality consciousness and an understanding of the customers needs for constant product and process improvement has contributed to the growth of OCCL's Insoluble sulfur business. An ongoing mutually rewarding relationship with it's global clients, complemented by a growing demand for Diamond Sulf, has encouraged OCCL to continuously enhance it's production levels.

Product range of the company includes:

  • Insoluble Sulfur
  • Special Grade Insoluble Sulfur
  • Special Grade Insoluble Sulfur
  • Sulfuric Acid

Achievements/ recognition:

  • ISO 9001-2000 and
  • EMS14001-2004 Certified.
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.