X

OCL Iron and Steel Ltd Stock Analysis

Small Cap
Evaluated by 135 users | BSE: 533008 | NSE: OISL |
Steel & Iron Products
OCL Iron and Steel Limited was incorporated on February 20, 2006, as public limited company with the Registrar of Companies, Orissa under the provisions of the Companies Act, 1956 and obtained Certificate for Commencement of Business on March 20, 2006. OISL was a wholly owned subsidiary of OCL...

Analysis of Financial Track Record

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.
Value Creation
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Capital Employed 3.66%3.18%1.59%0.49%1.13%1.8%-3.43%-5.92%-11.23%-4.2%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 1912363133266111,013360274414471
Y-o-Y Gr. Rt.-23.6%32.5%4%87.6%65.8%-64.5%-23.8%51.2%13.7%
Adjusted EPS (Rs.) 0.010.881.30.310.18-3.64-13.39-13.38-19.12-14.71
Y-o-Y Gr. Rt.-8700%47.7%-76.2%-41.9%-2122.2%NANANANA
Book Value per Share (Rs.) 5.5241.943.143.3243.4139.1822.068.69-10.29-22.46
Adjusted Net Profit 0.211.817.44.22.4-48.8-180-179-257-197
Net Op. Cash Flow (Rs. Cr.) 29.316.9-56.311141.165460.676.913.657.9
Debt to Cash Flow from Ops 2.1620.46-25.8313.8940.431.8919.9817.0296.6723.32
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
OCL Iron and Steel Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 10.5%-5.1%9.4%13.7%
Adjusted EPS -324.9%-341.3%NANA
Book Value per Share -216.9-187.7-200.60
Share Price -29.5% -27.4% -20.8% -17%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 0.223.412.790.660.38-8.04-41.1-87.022388.3989.81
Operating Profit Margin (%) 7.454.393.212.017.479.490.32-22.17-19.340.19
Net Profit Margin (%) 0.094.985.561.280.39-4.82-49.92-65.46-61.9-41.88
Debt to Equity 0.860.562.32.422.622.144.0911.22-9.52-4.48
Working Capital Days 1081166691,328604232397441305278
Cash Conversion Cycle 56312664432457454-11
Entity Percentage Holding
Promoters 35.44%
Institutions 29.39%
Non-Institutions 35.18%
Pledged *43.8743.8743.8743.8743.870.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of OCL Iron and Steel Ltd's performance infers:

OCL Iron and Steel Ltd earnings have declined by -341.3%, whereas share price has depreciated -27.4% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of OCL Iron and Steel Ltd share prices over the last 10 years. Here is what we found out:

OCL Iron and Steel Ltd share price has depreciated -29.1% annually over the past ten years.

OCL Iron and Steel Limited was incorporated on February 20, 2006, as public limited company with the Registrar of Companies, Orissa under the provisions of the Companies Act, 1956 and obtained Certificate for Commencement of Business on March 20, 2006. OISL was a wholly owned subsidiary of OCL and as a result of the reorganization by way of demerger, the steel undertaking of OCL together with all its assets and liabilities stands transferred to and vested in OISL.

The company is engaged in

OCL Iron and Steel Limited was incorporated on February 20, 2006, as public limited company with the Registrar of Companies, Orissa under the provisions of the Companies Act, 1956 and obtained Certificate for Commencement of Business on March 20, 2006. OISL was a wholly owned subsidiary of OCL and as a result of the reorganization by way of demerger, the steel undertaking of OCL together with all its assets and liabilities stands transferred to and vested in OISL.

The company is engaged in manufacture and sale of cement and refractory productssteel and sponge iron products and operations relating to the real estate sector.

OCL, as per scheme of arrangement approved by the Orissa High Court demerged its steel undertaking and real estate undertaking by transferring the assets and liabilities as on January 1, 2007 into ‘OCL Iron and Steel Ltd’.

The company was established to produce, manufacture, purchase, import, export, sell and to deal in all kinds and forms of iron including sponge iron, grey iron, alloy iron, ductile iron, malleable iron, pig iron cast iron and special iron and all kinds of steel in all forms and/or bye products thereof and all kinds of goods, products, articles or merchandise whatsoever manufactured wholly or partly from iron or steels and/or other metals and alloys bearing metals.

The factory of the company is located at Village Lamloi, P.O Garvana, Rajgangpur, Orissa, India. The factory land admeasures approximately 100 acres of land and consists of factory building, administrative block, lab, finishing good warehouse, raw material godown, store, canteen, conference hall, etc. The company is in the process of setting up a blast furnace for which an area of approximately 9 acres is earmarked.

OCL Iron and Steel has captive iron ore mines of around 5 million tonnes and coal mines of around 20 million tonnes. It also has a 20,000 tonne a year sponge iron unit and is settin up a blast furnace, the paper said.

Recent developments

Auto-parts maker Amtek Auto Ltd is in talks to buy OCL Iron and Steel Ltd (OISL) in a deal that could value the company at around Rs 3.5 billion.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback