Oriental Aromatics Ltd - Stock Valuation and Financial Performance

BSE: 500078 | NSE: OAL | Chemicals | Small Cap

Oriental Aromatics Share Price

539.10 -5.10 -0.94%
as on 22-Nov'24 16:59

DeciZen - make an informed investing decision on Oriental Aromatics

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Semi Strong

Oriental Aromatics stock performance -

mw4me loader
P/E Ratio (SA):
44.40
Market Cap:
1,814.3 Cr.
52-wk low:
296.7
52-wk high:
656

Is Oriental Aromatics Ltd an attractive stock to invest in?

1. Is Oriental Aromatics Ltd a good quality company?

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

2. Is Oriental Aromatics Ltd undervalued or overvalued?

The key valuation ratios of Oriental Aromatics Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Oriental Aromatics Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Oriental Aromatics 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 Aromatics:

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 Aromatics 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'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 15.4%16.8%13.5%12.5%16.9%21.2%24.3%11.7%5.2%4.2%-
Value Creation
Index
0.10.20.0-0.10.20.50.7-0.2-0.6-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 355351456506753759709869849836866
Sales YoY Gr.--1.2%29.8%11%48.8%0.9%-6.7%22.6%-2.3%-1.5%-
Adj EPS 8.610.212.38.917.224.630.415.75.41.512.1
YoY Gr.-19.4%19.6%-27.6%93.7%43%23.7%-48.5%-65.4%-72.5%-
BVPS (₹) 65.275.8153.6102.4116.5137.8165.7180.1186.2188.5196.3
Adj Net
Profit
17.62125.229.857.882.610252.718.2541
Cash Flow from Ops. 17.341.839.49.5-2418518.6-1.1-21.3153-
Debt/CF from Ops. 6.92.52.513.8-7.70.34.2-126-10.81.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 10%2.1%5.7%-1.5%
Adj EPS -17.7%-38.7%-63.4%-72.5%
BVPS12.5%10.1%4.4%1.2%
Share Price 21% 23% -10.4% 56.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
14.114.510.6915.719.3209.130.86.3
Op. Profit
Mgn %
12.214.212.81315.516.922.110.86.55.710
Net Profit
Mgn %
565.55.97.710.914.46.12.20.64.7
Debt to
Equity
0.90.70.30.40.50.10.10.20.40.30
Working Cap
Days
185213193211179185210216257264108
Cash Conv.
Cycle
10411511713212013114615318518153

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 6.30%

Sales growth has been subdued in last 3 years 5.67%

Net Profit has been subdued in last 3 years -63.39%

Sales growth is not so good in last 4 quarters at 6.12%

Latest Financials - Oriental Aromatics Ltd.

Standalone Consolidated
TTM EPS (₹) 12.1 11.4
TTM Sales (₹ Cr.) 866 866
BVPS (₹.) 196.3 195
Reserves (₹ Cr.) 644 640
P/BV 2.75 2.76
PE 44.40 47.14
From the Market
52 Week Low / High (₹) 296.65 / 656.00
All Time Low / High (₹) 3.55 / 1148.00
Market Cap (₹ Cr.) 1,814
Equity (₹ Cr.) 16.8
Face Value (₹) 5
Industry PE 55.9

Management X-Ray of Oriental Aromatics:

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

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Analyst's Notes

Key Ratios of Oriental Aromatics

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales355351456506753759709869849836
Operating Expenses 312301397441637631553775794789
Manufacturing Costs45454851617775102108110
Material Costs240225297327497477395573577571
Employee Cost 14152326313639505354
Other Costs 13163037484244515754
Operating Profit 43505865115128156935547
Operating Profit Margin (%) 12.1%14.2%12.7%12.9%15.3%16.9%21.9%10.8%6.5%5.7%
Other Income 2225172467
Interest 119671312241320
Depreciation 991415181917171920
Exceptional Items 2100-1000000
Profit Before Tax 2734404876104137772815
Tax 81115182617352385
Profit After Tax 19232630508710254219
PAT Margin (%) 5.4%6.5%5.6%6.0%6.6%11.4%14.4%6.2%2.4%1.1%
Adjusted EPS (₹)9.411.112.59.014.825.830.416.16.12.8
Dividend Payout Ratio (%)4%3%3%6%7%10%8%9%8%18%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 134156315345392464557606627634
Share Capital 5558171717171717
Reserves 129151310336375447541589610618
Minority Interest0000000000
Debt94951001211744578134215157
Long Term Debt10043211220453218
Short Term Debt849557100162437889184139
Trade Payables37254360535771828782
Others Liabilities 85803751544439445957
Total Liabilities 350356495577673609746866988930

Fixed Assets

Gross Block175195225238288298315355379395
Accumulated Depreciation4958142644617894113131
Net Fixed Assets125136211212245236236261266264
CWIP 0115401212213754
Investments 00220610143232
Inventories8373114133203162228287368276
Trade Receivables7978104135161152189195191190
Cash Equivalents 3314515178115
Others Assets606447525935537984109
Total Assets 350356495577673609746866988930

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 1742399-2418519-1-21153
PBT 2734404876104137772815
Adjustment 16171818413123213139
Changes in Working Capital -16-2-6-41-11875-104-77-71103
Tax Paid -10-7-13-16-23-25-39-22-10-3
Cash Flow From Investing Activity -6-16-17-26-12-16-32-59-53-77
Capex -6-16-17-30-12-10-28-54-36-38
Net Investments 0000000000
Others 00040-6-4-5-18-39
Cash Flow From Financing Activity -12-26-241938-159165178-83
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000-9-14-850-5-13
Interest Paid -9-10-5-7-12-10-2-4-9-22
Dividend Paid -1-1-1-5-2-14-8-50-2
Others -2-15-183061-122341192-46
Net Cash Flow 00-22192-93-6
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)15.415.6710.879.1913.5420.2720.069.293.351.5
ROCE (%)15.3816.8313.5312.4616.9221.1924.3211.715.194.21
Asset Turnover Ratio1.171.061.070.941.211.191.051.080.920.88
PAT to CFO Conversion(x)0.891.831.50.3-0.482.130.19-0.02-117
Working Capital Days
Receivable Days68767386717587808383
Inventory Days787675898187100108140140
Payable Days56504158424259495354

Oriental Aromatics Ltd Stock News

Oriental Aromatics Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Oriental Aromatics on 22-Nov-2024 16:59 is ₹539.1.
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 22-Nov-2024 16:59 the market cap of Oriental Aromatics stood at ₹1,814.3.
The latest P/E ratio of Oriental Aromatics as of 22-Nov-2024 16:59 is 44.40.
The latest P/B ratio of Oriental Aromatics as of 22-Nov-2024 16:59 is 2.75.
The 52-week high of Oriental Aromatics is ₹656.0 and the 52-week low is ₹296.6.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Oriental Aromatics is ₹866.4 ( Cr.) .

About Oriental Aromatics Ltd

Camphor & Allied Products Ltd incorporated in 1961 is India’s largest manufacturers of variety of terpene chemicals and other speciality aroma chemicals. Its vast product range includes synthetic camphor, terpineols, pine oils, resins, astrolide, dihydromyrcenol, and several other chemicals finding applications in vast array of industries ranging from flavours & fragrances, pharmaceuticals, soaps & cosmetics, rubber & tyre, paints & varnishes and many more.

It is a pioneer in the field of terpene chemistry in India since 1964, having established the first synthetic camphor plant with technology from DuPont of USA. The plant of the company is located at Bareilly in West Uttar Pradesh, 250 km from New Delhi. It handles a volume of 20,000 tons of raw materials and finished products annually and incorporates the latest technology and equipment.

The company carries out all conceivable chemical operations such as fractionation, esterification, saponification, hydrogenation, dehydrogenation, oxidation, peroxidation, pyrolysis, etc. in the plant using equipment and technology that is constantly updated with time to keep pace with the latest advancements in chemistry and chemical engineering practices.

Its vast product range includes synthetic camphor (all grades), terpineols, pine oils, Isobornyl acetate, terpene resins and many more. All processes are monitored by well-trained technical personnel with the help of latest instrumentation and quality control.

The company is also having a state-of-the-art manufacturing facility that was set up at Nandesari, Baroda in 1999, to manufacture high value fragrance chemicals and fragrance chemical intermediates based on in-house technology. Products manufactured at this plant are of international standard and are well accepted in markets abroad and at home.

Product range of the company includes:

  • Fragrance Chemicals 
  • Pharmaceutical Products 
  • Aromatic Chemicals 
  • Industrial Chemicals  
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