BSE: 534190 | NSE: | Printing And Publishing | Small Cap
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Olympic Cards Ltd is a below average quality company.
The key valuation ratios of Olympic Cards Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Olympic Cards Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 6.5% | 5.2% | 7.3% | 3.8% | 2.1% | -2.8% | -4.6% | -4% | -1.2% | 3.3% | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 54.5 | 54.1 | 52.9 | 46 | 38.7 | 31.5 | 8.2 | 6.9 | 14 | 11.5 | 10 |
| Sales YoY Gr. | - | -0.7% | -2.4% | -13% | -15.9% | -18.6% | -73.8% | -16.8% | 104.1% | -17.9% | - |
| Adj EPS ⓘ | 0.1 | -1.9 | -1.1 | -0.9 | -2.1 | -2.9 | -2.9 | -3.4 | -2.6 | -2.7 | -0.9 |
| YoY Gr. | - | -2450% | NA | NA | NA | NA | NA | NA | NA | NA | - |
| BVPS (₹) ⓘ | 23.3 | 21.2 | 20.1 | 19.2 | 16.9 | 13.6 | 10.2 | 6.7 | 4.1 | 3.5 | 2.1 |
| Adj Net Profit ⓘ | 0.1 | -3.1 | -1.8 | -1.5 | -3.4 | -4.7 | -4.7 | -5.5 | -4.2 | -4.4 | -2 |
| Cash Flow from Ops. ⓘ | 2.7 | -2.5 | 10.2 | 12.9 | 10.4 | 6.4 | 0 | 6.3 | 5 | 1.8 | - |
| Debt/CF from Ops. ⓘ | 14.8 | -20.4 | 4.8 | 3.5 | 3.8 | 4.8 | -1351.9 | 5.6 | 6.7 | 15.2 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | -15.9% | -21.5% | 11.8% | -17.9% | ||||
| Adj EPS ⓘ | -247.7% | NA | NA | NA | ||||
| BVPSⓘ | -19% | -27% | -29.9% | -15.3% | ||||
| Share Price | -14% | -11.8% | -2.8% | -14.7% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 0.4 | -8.5 | -5.2 | -4.7 | -11.5 | -18.7 | -24.3 | -40.1 | -47.1 | -70.4 | -33.3 |
| Op. Profit Mgn % ⓘ | 13.1 | 12.9 | 16.1 | 10.7 | 12 | 5.6 | -12.7 | -31.8 | -9.5 | -20 | -29.7 |
| Net Profit Mgn % ⓘ | 0.3 | -5.7 | -3.3 | -3.3 | -8.7 | -14.8 | -57 | -80.4 | -29.8 | -38.1 | -15.7 |
| Debt to Equity ⓘ | 1.1 | 1.5 | 1.5 | 1.5 | 1.4 | 1.4 | 2.1 | 3.2 | 5 | 4.7 | 5.5 |
| Working Cap Days ⓘ | 299 | 348 | 364 | 410 | 461 | 503 | 1,738 | 2,020 | 910 | 1,018 | 564 |
| Cash Conv. Cycle ⓘ | 153 | 227 | 257 | 300 | 295 | 306 | 1,288 | 1,850 | 621 | 688 | 101 |
Sales growth is growing at healthy rate in last 3 years 11.75%
Return on Equity is Poor
Debt to equity has increased versus last 3 years average to 4.66
Sales growth is not so good in last 4 quarters at -23.11%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | -0.9 | - |
| TTM Sales (₹ Cr.) | 9.7 | - |
| BVPS (₹.) ⓘ | 2.1 | - |
| Reserves (₹ Cr.) ⓘ | -13 | - |
| P/BV ⓘ | 1.75 | - |
| PE ⓘ | 0.00 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 2.53 / 5.08 |
| All Time Low / High (₹) | 1.45 / 72.90 |
| Market Cap (₹ Cr.) | 6 |
| Equity (₹ Cr.) | 16.3 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 8.9 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 54.50 | 54.14 | 52.85 | 45.98 | 38.66 | 31.46 | 8.24 | 6.86 | 14 | 11.50 |
| Operating Expenses ⓘ | 47.35 | 47.18 | 44.45 | 41.06 | 34.68 | 31.97 | 10.66 | 9.18 | 15.44 | 14.31 |
| Manufacturing Costs | 4.44 | 4.60 | 3.81 | 3.67 | 2.74 | 1.49 | 0.52 | 0.49 | 0.57 | 1.01 |
| Material Costs | 34.88 | 35.07 | 33.80 | 30.68 | 25.65 | 24.16 | 6.07 | 5.64 | 11.85 | 9.59 |
| Employee Cost | 3.41 | 3.16 | 3.30 | 3.96 | 3.44 | 2.65 | 1.36 | 1.58 | 1.51 | 1.52 |
| Other Costs ⓘ | 4.61 | 4.34 | 3.54 | 2.75 | 2.85 | 3.67 | 2.72 | 1.48 | 1.51 | 2.19 |
| Operating Profit ⓘ | 7.15 | 6.96 | 8.41 | 4.92 | 3.98 | -0.52 | -2.41 | -2.32 | -1.45 | -2.81 |
| Operating Profit Margin (%) | 13.1% | 12.9% | 15.9% | 10.7% | 10.3% | -1.6% | -29.3% | -33.8% | -10.3% | -24.5% |
| Other Income ⓘ | 0.58 | 0.46 | 0.88 | 1.27 | 0.72 | 1.77 | 2.33 | 2.19 | 2.62 | 5.53 |
| Interest ⓘ | 4.39 | 6.14 | 6.13 | 5.94 | 5.28 | 4.34 | 3.72 | 3.74 | 3.75 | 2.35 |
| Depreciation ⓘ | 2.87 | 3.13 | 3.17 | 3.18 | 3.22 | 2.92 | 2.31 | 1.79 | 1.69 | 1.52 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 0.46 | -1.85 | -0.01 | -2.93 | -3.80 | -6.01 | -6.12 | -5.66 | -4.27 | -1.15 |
| Tax ⓘ | 0.33 | 1.23 | 1.68 | -1.41 | 0.01 | -0.62 | -0.55 | -0.07 | -0.03 | -0.12 |
| Profit After Tax | 0.13 | -3.08 | -1.69 | -1.52 | -3.82 | -5.39 | -5.57 | -5.59 | -4.24 | -1.03 |
| PAT Margin (%) | 0.2% | -5.7% | -3.2% | -3.3% | -9.9% | -17.1% | -67.6% | -81.4% | -30.3% | -8.9% |
| Adjusted EPS (₹) | 0.1 | -1.9 | -1.0 | -0.9 | -2.3 | -3.3 | -3.4 | -3.4 | -2.6 | -0.6 |
| Dividend Payout Ratio (%) | 604% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 37.95 | 34.54 | 32.85 | 31.34 | 27.52 | 22.13 | 16.56 | 10.97 | 6.73 | 5.71 |
| Share Capital ⓘ | 16.31 | 16.31 | 16.31 | 16.31 | 16.31 | 16.31 | 16.31 | 16.31 | 16.31 | 16.31 |
| Reserves ⓘ | 21.64 | 18.23 | 16.54 | 15.03 | 11.21 | 5.82 | 0.25 | -5.34 | -9.58 | -10.60 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 37.76 | 47.32 | 44.17 | 39.26 | 33.12 | 27.16 | 28.97 | 25.82 | 28.15 | 24.64 |
| Long Term Debt | 31.83 | 38.25 | 36.38 | 30.44 | 25.24 | 19.55 | 20.95 | 13.12 | 21.10 | 18.72 |
| Short Term Debt | 5.93 | 9.07 | 7.78 | 8.82 | 7.87 | 7.61 | 8.02 | 12.70 | 7.05 | 5.92 |
| Trade Payables | 15.22 | 11.23 | 11 | 13.37 | 12.58 | 11.33 | 9.09 | 7.89 | 8.44 | 10.51 |
| Others Liabilities ⓘ | 13.83 | 10.19 | 13.80 | 14.44 | 16.81 | 12.81 | 12.94 | 18.40 | 13.65 | 10.39 |
| Total Liabilities ⓘ | 104.76 | 103.28 | 101.82 | 98.41 | 90.03 | 73.43 | 67.56 | 63.09 | 56.97 | 51.25 |
Fixed Assets | ||||||||||
| Gross Block | 53.42 | 53.09 | 51.50 | 64.45 | 63.20 | 53.30 | 47.24 | 47.05 | 46.56 | 42.21 |
| Accumulated Depreciation | 0 | 3.13 | 3.10 | 17.65 | 20.63 | 20.02 | 19.78 | 21.57 | 22.95 | 22.60 |
| Net Fixed Assetsⓘ | 53.42 | 49.96 | 48.40 | 46.80 | 42.57 | 33.29 | 27.46 | 25.48 | 23.61 | 19.61 |
| CWIP ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investmentsⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventories | 41.89 | 49.65 | 49.68 | 47.73 | 44 | 35.75 | 34.09 | 32.92 | 28.99 | 25.40 |
| Trade Receivables | 0.13 | 0.63 | 1.10 | 0.68 | 1.57 | 2.43 | 3.58 | 2.12 | 2 | 3.37 |
| Cash Equivalents | 0.51 | 0.92 | 0.53 | 1.12 | 0.34 | 0.65 | 1.07 | 0.66 | 0.52 | 0.33 |
| Others Assetsⓘ | 8.81 | 2.12 | 2.11 | 2.08 | 1.56 | 1.32 | 1.36 | 1.91 | 1.85 | 2.53 |
| Total Assets ⓘ | 104.76 | 103.28 | 101.82 | 98.41 | 90.03 | 73.43 | 67.56 | 63.09 | 56.97 | 51.25 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 2.73 | -2.52 | 10.17 | 12.90 | 10.37 | 6.41 | -0.03 | 6.27 | 5.04 | 1.76 |
| PBT ⓘ | 0.46 | -1.85 | -0.01 | -2.93 | -3.80 | -6.01 | -6.12 | -5.66 | -4.27 | -1.15 |
| Adjustment ⓘ | 7.26 | 9.28 | 9.19 | 9.10 | 9.14 | 8.38 | 7.19 | 5.52 | 5.50 | -0.95 |
| Changes in Working Capital ⓘ | -4.43 | -9.95 | 0.99 | 6.72 | 5.03 | 4.03 | -1.09 | 6.41 | 3.82 | 3.86 |
| Tax Paid ⓘ | -0.56 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Flow From Investing Activity ⓘ | -7.65 | 0.23 | -1.50 | -1.56 | 0.38 | 5.27 | 2.31 | 0.15 | 0.10 | 7.31 |
| Capex | -7.65 | 0.23 | -1.52 | -1.58 | 0.37 | 5.25 | 2.28 | 0.09 | 0.06 | 7.27 |
| Net Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | 0 | 0.02 | 0.02 | 0.01 | 0.02 | 0.03 | 0.05 | 0.03 | 0.05 |
| Cash Flow From Financing Activityⓘ | 1.34 | 2.70 | -9.06 | -10.75 | -11.53 | -11.36 | -1.85 | -6.83 | -5.28 | -9.26 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | -1.87 | -5.94 | -5.20 | -5.69 | 1.40 | -7.83 | 0 | -2.38 |
| Interest Paid ⓘ | -4.39 | -6.14 | -6.13 | -5.94 | -5.28 | -4.34 | -3.67 | -3.68 | -3.69 | -2.24 |
| Dividend Paid ⓘ | -1.14 | -0.82 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 6.88 | 9.65 | -1.06 | 1.13 | -1.05 | -1.34 | 0.41 | 4.69 | -1.59 | -4.64 |
| Net Cash Flow ⓘ | -3.58 | 0.42 | -0.39 | 0.59 | -0.78 | 0.31 | 0.43 | -0.41 | -0.15 | -0.19 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 0.35 | -8.5 | -5 | -4.73 | -12.97 | -21.71 | -28.79 | -40.59 | -47.92 | -16.49 |
| ROCE (%) | 6.47 | 5.23 | 7.29 | 3.79 | 2.05 | -2.81 | -4.62 | -3.95 | -1.21 | 3.3 |
| Asset Turnover Ratio | 0.56 | 0.52 | 0.52 | 0.46 | 0.41 | 0.38 | 0.12 | 0.11 | 0.23 | 0.21 |
| PAT to CFO Conversion(x) | 21 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | Working Capital Days |
| Receivable Days | 1 | 3 | 6 | 7 | 11 | 23 | 133 | 152 | 54 | 85 |
| Inventory Days | 240 | 309 | 343 | 387 | 433 | 463 | 1,546 | 1,782 | 807 | 863 |
| Payable Days | 123 | 138 | 120 | 145 | 185 | 181 | 614 | 550 | 251 | 361 |
Olympic Cards was originally incorporated as ‘Olympic Business Credits (Madras) Private Limited’ on April 21, 1992 under the Companies Act, 1956 at Chennai vide Certificate of Incorporation issued by the Registrar of Companies, Tamil Nadu, Chennai (‘ROC’). The company was converted into a Public Limited Company with effect from March 22, 1995 and the name of the company was changed to Olympic Cards Limited with effect from May 13, 1998.
The Company was formed mainly with a view to capture the market of wedding cards and other associated products, like Greeting Cards, Office Envelopes, Cloth-lined Covers, Student Notebooks, Account Books, Files, etc., and continued to carve a niche for itself in its segment of business.
In the year 2003, the Group started partnership firm named “Olympic Paper Products†for the purpose of trading in various kinds of disposable paper products. In the next year, i.e. 2004, the Group started another partnership firm named “Olympic Plastic Products†for the purpose of carrying on the business of manufacturing and trading in different kinds of disposable plastic products. In the same year, both the brothers and founders of the Olympic Group, H Noor Mohamed and H Salahudeen Babu, decided to do the business independently with mutually agreed terms and conditions. Further, they agreed to use the brand name “Olympic†and agreed not to sell, lease or otherwise dispose the brand name to any other person other than their children and their successors.
Under the brand “OLYMPICâ€, the company is one of the leading manufacturers of paper / board based products, with a presence mainly in southern India. The Company is presently engaged in the business of manufacturing and trading Wedding Cards, Greeting Cards, Envelopes, Letter Heads, Business Cards, Calendars, Notebooks, Account Books, etc. The company also trades in the business of printing inks. However, company’s premier product is Wedding Invitation Cards accounting for more than 50% of the current sales.
The company exports its products to foreign countries such as Malaysia, Singapore, Sri Lanka and Dubai. Plans are afoot to raise its export turnover considerably.
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MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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