Past 10 year's financial track record analysis by Moneyworks4me indicates that Oriental Carbon & Chemicals Ltd is a good quality company.
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.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Oriental Carbon & Chemicals 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 % ⓘ | 22.2% | 20.5% | 19.8% | 18.4% | 21.2% | 15.3% | 15.5% | 8.7% | 9.4% | 9.1% | - |
| Value Creation Index ⓘ | 0.6 | 0.5 | 0.4 | 0.3 | 0.5 | 0.1 | 0.1 | -0.4 | -0.3 | -0.4 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 283 | 275 | 297 | 328 | 388 | 343 | 342 | 388 | 465 | 397 | 200 |
| Sales YoY Gr. | - | -2.8% | 8.3% | 10.4% | 18.1% | -11.4% | -0.4% | 13.3% | 19.9% | -14.6% | - |
| Adj EPS ⓘ | 44.2 | 50.5 | 51.1 | 56.9 | 73.9 | 72 | 75.1 | 37 | 46.3 | 41.7 | -356.5 |
| YoY Gr. | - | 14.2% | 1.2% | 11.5% | 29.8% | -2.6% | 4.4% | -50.7% | 24.9% | -9.9% | - |
| BVPS (₹) ⓘ | 236.5 | 277.8 | 333 | 376.7 | 413.9 | 468.4 | 533.1 | 557.6 | 594.3 | 626.3 | 251.8 |
| Adj Net Profit ⓘ | 45.5 | 52 | 52.6 | 58.6 | 73.8 | 71.9 | 75 | 37 | 46.2 | 41.6 | -356 |
| Cash Flow from Ops. ⓘ | 70 | 68.4 | 77.1 | 86.7 | 88.5 | 108 | 85.1 | 51.7 | 90.7 | 94.4 | - |
| Debt/CF from Ops. ⓘ | 1.3 | 1.1 | 1.3 | 1.4 | 1.4 | 1.4 | 2.1 | 3.5 | 1.8 | 1.4 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | 3.9% | 0.5% | 5.1% | -14.6% | ||||
| Adj EPS ⓘ | -0.7% | -10.8% | -17.8% | -9.9% | ||||
| BVPSⓘ | 11.4% | 8.6% | 5.5% | 5.4% | ||||
| Share Price | -4.6% | -25.1% | -39% | -71.3% | ||||
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 % ⓘ | 20.3 | 19.6 | 16.7 | 16 | 18.4 | 16.3 | 15 | 6.8 | 8 | 6.8 | -81.2 |
| Op. Profit Mgn % ⓘ | 25.6 | 29.7 | 30 | 31.1 | 32 | 30 | 35.8 | 20.4 | 21.4 | 23.5 | 20.9 |
| Net Profit Mgn % ⓘ | 16.1 | 18.9 | 17.7 | 17.9 | 19 | 20.9 | 21.9 | 9.5 | 9.9 | 10.5 | -178.5 |
| Debt to Equity ⓘ | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.2 | 0 |
| Working Cap Days ⓘ | 164 | 187 | 169 | 157 | 144 | 157 | 154 | 147 | 125 | 141 | 402 |
| Cash Conv. Cycle ⓘ | 81 | 86 | 87 | 92 | 89 | 97 | 86 | 94 | 86 | 98 | 356 |
No data to display
Return on Equity is Poor
Sales growth has been subdued in last 3 years 5.08%
Net Profit has been subdued in last 3 years -17.82%
Sales growth is not so good in last 4 quarters at -6.60%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | -356.5 | 28.9 |
| TTM Sales (₹ Cr.) | 200 | 278 |
| BVPS (₹.) ⓘ | 251.8 | 263.9 |
| Reserves (₹ Cr.) ⓘ | 242 | 254 |
| P/BV ⓘ | 0.91 | 0.87 |
| PE ⓘ | 0.00 | 7.97 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 195.00 / 936.85 |
| All Time Low / High (₹) | 4.00 / 1589.00 |
| Market Cap (₹ Cr.) | 230 |
| Equity (₹ Cr.) | 10 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 55.9 |
| 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 | 283 | 275 | 297 | 328 | 388 | 343 | 342 | 388 | 465 | 397 |
| Operating Expenses ⓘ | 211 | 194 | 209 | 230 | 268 | 245 | 221 | 309 | 369 | 304 |
| Manufacturing Costs | 53 | 44 | 46 | 52 | 56 | 50 | 43 | 55 | 61 | 54 |
| Material Costs | 85 | 70 | 70 | 76 | 103 | 90 | 79 | 135 | 179 | 137 |
| Employee Cost | 28 | 33 | 37 | 39 | 45 | 45 | 44 | 46 | 50 | 54 |
| Other Costs ⓘ | 45 | 47 | 56 | 62 | 63 | 60 | 54 | 74 | 79 | 59 |
| Operating Profit ⓘ | 71 | 81 | 88 | 98 | 120 | 99 | 121 | 78 | 96 | 93 |
| Operating Profit Margin (%) | 25.2% | 29.5% | 29.6% | 30.0% | 31.0% | 28.8% | 35.5% | 20.2% | 20.6% | 23.4% |
| Other Income ⓘ | 13 | 6 | 7 | 5 | 9 | 10 | 2 | 8 | 3 | 4 |
| Interest ⓘ | 8 | 6 | 5 | 8 | 8 | 9 | 6 | 8 | 13 | 11 |
| Depreciation ⓘ | 13 | 16 | 15 | 16 | 19 | 20 | 21 | 23 | 28 | 29 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 63 | 65 | 75 | 80 | 103 | 79 | 97 | 55 | 57 | 58 |
| Tax ⓘ | 12 | 12 | 21 | 23 | 29 | 8 | 22 | 15 | 14 | 15 |
| Profit After Tax | 51 | 53 | 54 | 57 | 74 | 72 | 75 | 40 | 44 | 43 |
| PAT Margin (%) | 18.2% | 19.3% | 18.2% | 17.3% | 19.0% | 20.8% | 21.9% | 10.3% | 9.4% | 10.8% |
| Adjusted EPS (₹) | 49.8 | 51.5 | 52.6 | 55.1 | 73.8 | 71.6 | 75.1 | 40.0 | 43.8 | 43.0 |
| Dividend Payout Ratio (%) | 17% | 17% | 19% | 18% | 16% | 14% | 19% | 35% | 32% | 33% |
| 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 | 244 | 287 | 343 | 388 | 414 | 468 | 533 | 557 | 594 | 626 |
| Share Capital ⓘ | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves ⓘ | 234 | 276 | 333 | 378 | 404 | 458 | 523 | 547 | 584 | 616 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 70 | 49 | 86 | 98 | 102 | 134 | 154 | 140 | 129 | 111 |
| Long Term Debt | 44 | 21 | 64 | 69 | 72 | 96 | 113 | 94 | 73 | 47 |
| Short Term Debt | 26 | 28 | 23 | 29 | 31 | 38 | 41 | 46 | 55 | 64 |
| Trade Payables | 15 | 10 | 18 | 19 | 18 | 14 | 19 | 25 | 19 | 21 |
| Others Liabilities ⓘ | 62 | 71 | 60 | 84 | 78 | 62 | 85 | 109 | 96 | 84 |
| Total Liabilities ⓘ | 391 | 417 | 507 | 589 | 612 | 679 | 791 | 831 | 837 | 842 |
Fixed Assets | ||||||||||
| Gross Block | 276 | 285 | 421 | 437 | 489 | 500 | 507 | 638 | 686 | 698 |
| Accumulated Depreciation | 88 | 103 | 115 | 129 | 144 | 162 | 180 | 200 | 224 | 250 |
| Net Fixed Assetsⓘ | 188 | 183 | 306 | 308 | 344 | 338 | 327 | 437 | 462 | 449 |
| CWIP ⓘ | 4 | 40 | 3 | 40 | 3 | 25 | 113 | 41 | 1 | 1 |
| Investmentsⓘ | 41 | 30 | 53 | 76 | 108 | 147 | 199 | 187 | 217 | 238 |
| Inventories | 37 | 39 | 32 | 39 | 46 | 34 | 40 | 59 | 60 | 58 |
| Trade Receivables | 51 | 48 | 77 | 76 | 84 | 67 | 75 | 81 | 76 | 74 |
| Cash Equivalents | 18 | 10 | 13 | 11 | 4 | 25 | 3 | 2 | 2 | 2 |
| Others Assetsⓘ | 52 | 68 | 24 | 39 | 23 | 42 | 34 | 24 | 20 | 21 |
| Total Assets ⓘ | 391 | 417 | 507 | 589 | 612 | 679 | 791 | 831 | 837 | 842 |
| 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 ⓘ | 70 | 68 | 77 | 87 | 89 | 108 | 85 | 52 | 91 | 94 |
| PBT ⓘ | 63 | 65 | 75 | 80 | 103 | 79 | 97 | 55 | 57 | 58 |
| Adjustment ⓘ | 20 | 20 | 16 | 23 | 27 | 23 | 15 | 24 | 43 | 44 |
| Changes in Working Capital ⓘ | 1 | -1 | 2 | 0 | -20 | 21 | -11 | -16 | 0 | 3 |
| Tax Paid ⓘ | -13 | -15 | -15 | -16 | -20 | -16 | -16 | -11 | -10 | -10 |
| Cash Flow From Investing Activity ⓘ | -31 | -42 | -84 | -72 | -45 | -83 | -123 | -32 | -38 | -42 |
| Capex | -16 | -51 | -69 | -61 | -22 | -47 | -82 | -49 | -20 | -18 |
| Net Investments | -15 | 11 | -21 | -14 | -28 | -39 | -41 | 16 | -19 | -24 |
| Others ⓘ | 0 | -2 | 6 | 4 | 5 | 3 | 0 | 1 | 0 | 1 |
| Cash Flow From Financing Activityⓘ | -32 | -35 | 5 | -7 | -51 | -3 | 17 | -21 | -52 | -53 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | -21 | -20 | 36 | 7 | 5 | 12 | 29 | -4 | -35 | -36 |
| Interest Paid ⓘ | -9 | -6 | -4 | -8 | -8 | -9 | -7 | -6 | -9 | -11 |
| Dividend Paid ⓘ | -8 | -9 | -9 | -10 | -11 | -12 | -10 | -17 | -14 | -14 |
| Others ⓘ | 6 | 0 | -18 | 4 | -37 | 6 | 4 | 6 | 6 | 9 |
| Net Cash Flow ⓘ | 7 | -9 | -2 | 8 | -8 | 22 | -22 | -1 | 0 | 0 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 23 | 20.01 | 17.23 | 15.53 | 18.4 | 16.22 | 14.99 | 7.33 | 7.6 | 7.05 |
| ROCE (%) | 22.18 | 20.53 | 19.83 | 18.41 | 21.23 | 15.33 | 15.52 | 8.69 | 9.42 | 9.09 |
| Asset Turnover Ratio | 0.79 | 0.71 | 0.67 | 0.61 | 0.65 | 0.53 | 0.47 | 0.48 | 0.56 | 0.47 |
| PAT to CFO Conversion(x) | 1.37 | 1.28 | 1.43 | 1.53 | 1.2 | 1.5 | 1.13 | 1.3 | 2.07 | 2.19 | Working Capital Days |
| Receivable Days | 61 | 63 | 73 | 84 | 75 | 80 | 75 | 73 | 61 | 68 |
| Inventory Days | 47 | 48 | 42 | 39 | 40 | 43 | 39 | 46 | 47 | 54 |
| Payable Days | 62 | 67 | 74 | 89 | 65 | 65 | 77 | 60 | 44 | 53 |
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:
Achievements/ recognition:
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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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