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OP Chains Ltd (539116)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 539116 NSE: Trading | Small Cap | OP Chains Share Price

₹29.75 0.00 (0.00%)

As on 20-May'26 16:59

OP Chains Ltd (539116)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 539116 NSE: Trading | Small Cap | OP Chains Share Price

₹29.75 0.00 (0.00%)

As on 20-May'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹20 Cr.
Current Price
₹29.8
52-Week Low / High
₹30 / 30
TTM EPS
₹1.5
TTM Sales
₹1.9 Cr.
Book Value per Share
₹54
P/E Ratio
19.71
Higher than its 5-year historical median
Industry PE
36.2
Price to Book (P/B)
0.55
Lower than its 5-year historical median
Price to Sales (P/S)
10.54
Higher than its 5-year historical median
EV/EBITDA
14.66
Higher than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
7.62%
Outperforms industry median
Return on Capital Employed (ROCE)
10.06%
Outperforms industry median
Return on Assets (ROA)
7.47%
Operating Profit Margin
27%
Net Profit Margin
33.17%
Gross Profit Margin
43.8%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-39.81%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
47.33%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
45.7%
Asset Quality
Promoter Holding
74.53%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹30 Cr.
Equity
₹6.9 Cr.
Face Value
₹10
All Time Low / High
₹11.00 / 32.72

OP Chains stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is OP Chains Ltd a good quality company?
OP Chains Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does OP Chains Ltd performance compare with that of its Peers?
Q.1 Revenue growth of OP Chains Ltd vs industry peers?
OP Chains Ltd revenue CAGR is -11.17%, compared to the industry median CAGR of 0%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of OP Chains Ltd?
Promoters hold 74.53% of the OP Chains Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of OP Chains Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 7.8% based on the current price.

10 Year X-Ray :

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.
OP Chains Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 0.7%0.6%0.2%0.2%0.2%0.3%0.2%7.4%6.9%10.1%-
Value Creation
Index
-1.0-1.0-1.0-1.0-1.0-1.0-1.0-0.5-0.5-0.3-

Growth Parameters

Sales 69.248.224.324.514.8111.513.68.22
Sales YoY Gr.--30.4%-49.7%0.9%-39.6%-93.5%1%53.6%812.1%-39.8%-
Adj EPS 0.20.20.10.10.10.10.11.1241.5
YoY Gr.--5%-68.4%16.7%14.3%-37.5%40%1457.1%84.4%97%-
BVPS (₹) 44.544.744.744.844.544.644.747.5505454
Adj Net
Profit
0.10.100.10.100.10.81.42.71
Cash Flow from Ops. -20.50.5-0-0.3-0.2-0.2-8.2-6.78.3-
Debt/CF from Ops. 0000000000-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -21.1%-11.2%103.6%-39.8%
Adj EPS 39.3%118.2%283.9%97%
BVPS2.2%3.9%6.5%7.9%
Share Price 7.8% 22% 11.2% -4.1%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
0.50.40.10.20.20.10.22.44.17.62.8
Op. Profit
Mgn %
0.40.40.30.20.52.45.96.611.127NAN
Net Profit
Mgn %
0.20.30.20.20.43.7550.410.233.253.6
Debt to
Equity
00000000000
Working Cap
Days
11223936651,1121,1782,0846511,6190
Cash Conv.
Cycle
9203433611,0661,1342,0174738230

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales69.2248.2024.2524.4714.790.960.971.4913.598.18
Operating Expenses + 68.9647.9924.1824.4214.710.940.911.5612.095.97
Manufacturing Costs0.030.030.040.040.020.020.020.020.130.01
Material Costs68.5647.5723.7624.0114.430.670.761.2211.785.81
Employee Cost 0.090.100.100.120.120.110.060.050.060.06
Other Costs 0.280.300.270.250.140.130.070.270.110.09
Operating Profit 0.270.210.080.050.070.020.06-0.071.502.21
Operating Profit Margin (%) 0.4%0.4%0.3%0.2%0.5%2.4%5.9%-4.9%11.1%27.0%
Other Income + 0000.0300.0702.400.801.38
Exceptional Items 0000000000
Interest 0000000000
Depreciation 0.060.030.030.020.0100000
Profit Before Tax 0.210.190.050.060.070.090.062.332.313.59
Tax 0.070.060.010.010.010.010.010.020.450.87
Profit After Tax 0.130.130.040.050.050.080.052.311.862.71
PAT Margin (%) 0.2%0.3%0.2%0.2%0.4%8.3%5.0%155.3%13.7%33.2%
Adjusted EPS (₹)0.20.20.10.10.10.10.13.42.74.0
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of OP Chains - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 30.4730.6030.6530.7030.4930.5530.6032.5234.2736.99
Share Capital 6.856.856.856.856.856.856.856.856.856.85
Reserves 23.6223.7523.8023.8523.6423.7023.7525.6727.4230.14
Debt +0000000000
Long Term Debt0000000000
Short Term Debt0000000000
Minority Interest0000000000
Trade Payables0000000000
Others Liabilities 0.010.020.030.070.050.030.020.020.470.93
Total Liabilities 30.4930.6230.6830.7730.5330.5830.6232.5434.7437.91

Fixed Assets

Net Fixed Assets +0.120.090.060.040.030.010.010.010.010.01
Gross Block0.860.820.810.710.810.370.370.370.370.37
Accumulated Depreciation0.740.730.750.670.770.360.360.360.360.36
CWIP 0000000000
Investments 27.2327.7428.2328.2127.6927.5227.3418.7800
Inventories2.712.452.072.312.242.933.1113.325.810
Trade Receivables00000.4400016.0615.05
Cash Equivalents 0.020.010.010.020.010.010.030.010.010.01
Others Assets 0.410.320.300.190.130.110.120.4212.8522.84
Total Assets 30.4930.6230.6830.7730.5330.5830.6232.5434.7437.91

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -2.040.510.48-0.02-0.27-0.17-0.16-8.19-6.668.30
PBT 0.210.190.050.060.070.090.062.332.313.59
Adjustment 0.060.020.020.020.01000-0.23-2.25
Changes in Working Capital -2.220.320.41-0.15-0.33-0.25-0.21-10.5-8.746.96
Tax Paid -0.09-0.03-0.010.05-0.01-0.01-0.01-0.0200
Cash Flow From Investing Activity + 0-0.51-0.480.020.260.170.188.176.66-8.30
Capex 000.01000.020000
Net Investments 0-0.51-0.490.020.520.170.188.566.65-9.67
Others 0000-0.26-0.020-0.390.011.38
Cash Flow From Financing Activity + 2.01-0-0-0000000
Net Proceeds from Shares 2.04000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -0-0-0-0000000
Dividend Paid 0000000000
Others -0.02000000000
Net Cash Flow -0.03000-0.0100.02-0.02-00

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)0.460.430.140.160.180.260.167.325.567.62
ROCE (%)0.710.620.180.210.220.30.197.376.9110.06
Asset Turnover Ratio2.351.580.790.80.480.030.030.050.40.23
PAT to CFO Conversion(x)-15.693.9212-0.4-5.4-2.13-3.2-3.55-3.583.06
Working Capital Days
Receivable Days000010.70000431.40693.70
Inventory Days8.8019.6034.1032.7056.10983.101,134.502,017.102570
Payable Days0000000000

Management X-Ray

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 (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

OP Chains Ltd FAQs

The current trading price of OP Chains on 20-May-2026 16:59 is ₹29.75.

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 19-May-2026 the market cap of OP Chains stood at ₹20.38 Cr

The latest P/E ratio of OP Chains as of 19-May-2026 is 19.71.

The latest P/B ratio of OP Chains as of 19-May-2026 is 0.55.

The 52-week high of OP Chains is ₹29.75 and the 52-week low is ₹29.75.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of OP Chains is ₹1.93 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that OP Chains Ltd is a below average quality company.

The key valuation ratios of OP Chains Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of OP Chains Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About OP Chains Ltd

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