BSE: 531157 | NSE: | Dyes & Pigments | Small Cap
Past 10 year's financial track record analysis by Moneyworks4me indicates that Organic Coatings Ltd is a average quality company.
The key valuation ratios of Organic Coatings Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Organic Coatings 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 % ⓘ | 3.9% | 1.2% | 8.6% | 7.6% | 0.7% | 4.5% | -4.9% | -3.6% | 4.4% | 8.9% | - |
| Value Creation Index ⓘ | -0.7 | -0.9 | -0.4 | -0.5 | -1.0 | -0.7 | -1.4 | -1.3 | NA | NA | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 45.6 | 40.7 | 29.9 | 37.1 | 35.6 | 27.5 | 14.1 | 22.1 | 22.9 | 26.8 | 34 |
| Sales YoY Gr. | - | -10.7% | -26.4% | 23.9% | -4.1% | -22.6% | -49% | 57.1% | 3.8% | 17.2% | - |
| Adj EPS ⓘ | -1.5 | -1.5 | 0.2 | 0 | -1.4 | -1 | -2.8 | -2.7 | -1.3 | -0.7 | -0.5 |
| YoY Gr. | - | NA | NA | -100% | NA | NA | NA | NA | NA | NA | - |
| BVPS (₹) ⓘ | 9.7 | 8.2 | 8.3 | 8.4 | 7 | 8.8 | 3.6 | 1 | -0.2 | -0.9 | 3.2 |
| Adj Net Profit ⓘ | -1.2 | -1.2 | 0.1 | 0 | -1.1 | -0.7 | -2.2 | -2 | -1 | -0.5 | 0 |
| Cash Flow from Ops. ⓘ | 7.4 | 3.5 | 4.1 | 2.3 | 0.5 | -0.8 | -1.3 | 1.4 | 1.6 | 2.7 | - |
| Debt/CF from Ops. ⓘ | 1.5 | 2.6 | 2 | 3.3 | 18.3 | -12.4 | -9.8 | 8.8 | 7.7 | 4 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | -5.7% | -5.5% | 24.1% | 17.2% | ||||
| Adj EPS ⓘ | NA | NA | NA | NA | ||||
| BVPSⓘ | -176.6% | -166.1% | -162.6% | NA | ||||
| Share Price | 4.4% | 44.8% | 56.3% | 143.2% | ||||
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 % ⓘ | -14.7 | -17 | 1.9 | 0 | -13.8 | -10.4 | -38.1 | -56.5 | -47 | -34.8 | -39.7 |
| Op. Profit Mgn % ⓘ | 1.8 | 3.4 | 7.7 | 5.1 | 3.4 | 5.6 | 3.4 | 2.1 | 6 | 6.9 | 5 |
| Net Profit Mgn % ⓘ | -2.6 | -2.9 | 0.4 | 0 | -3 | -2.7 | -15.4 | -9.3 | -4.4 | -1.9 | -1.3 |
| Debt to Equity ⓘ | 1.4 | 1.5 | 1.3 | 1.2 | 1.6 | 1.4 | 4.6 | 16.1 | -65 | -16 | 6.7 |
| Working Cap Days ⓘ | 141 | 138 | 140 | 118 | 151 | 168 | 251 | 182 | 175 | 140 | 71 |
| Cash Conv. Cycle ⓘ | 33 | 19 | 23 | 22 | 27 | 28 | 86 | 64 | 57 | 45 | -16 |
Sales growth is growing at healthy rate in last 3 years 24.06%
Sales growth is good in last 4 quarters at 48.75%
Return on Equity is Poor
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | -0.5 | - |
| TTM Sales (₹ Cr.) | 34.4 | - |
| BVPS (₹.) ⓘ | 3.2 | - |
| Reserves (₹ Cr.) ⓘ | -7 | - |
| P/BV ⓘ | 6.50 | - |
| PE ⓘ | 0.00 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 7.81 / 36.35 |
| All Time Low / High (₹) | 1.45 / 80.00 |
| Market Cap (₹ Cr.) | 20.4 |
| Equity (₹ Cr.) | 10 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 45.4 |
| 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 | 45.57 | 40.69 | 29.94 | 37.10 | 35.59 | 27.54 | 14.05 | 22.07 | 22.90 | 26.83 |
| Operating Expenses ⓘ | 44.74 | 39.40 | 27.65 | 35.21 | 34.39 | 25.98 | 13.57 | 21.60 | 21.54 | 24.99 |
| Manufacturing Costs | 5.71 | 5.61 | 4.26 | 5.06 | 5.24 | 4.29 | 2.91 | 3.71 | 3.72 | 6.39 |
| Material Costs | 33.67 | 29.26 | 19.46 | 25.87 | 24.95 | 18.22 | 8.62 | 15.18 | 15.35 | 16.09 |
| Employee Cost | 2.35 | 2.02 | 1.79 | 1.83 | 1.84 | 1.25 | 0.79 | 0.85 | 0.86 | 0.88 |
| Other Costs ⓘ | 3.02 | 2.51 | 2.14 | 2.44 | 2.35 | 2.23 | 1.24 | 1.86 | 1.60 | 1.64 |
| Operating Profit ⓘ | 0.83 | 1.29 | 2.29 | 1.89 | 1.20 | 1.55 | 0.48 | 0.46 | 1.36 | 1.84 |
| Operating Profit Margin (%) | 1.8% | 3.2% | 7.6% | 5.1% | 3.4% | 5.6% | 3.4% | 2.1% | 5.9% | 6.9% |
| Other Income ⓘ | 1.37 | 0.31 | 0.31 | 0.55 | 0.24 | 0.40 | 0.05 | 0.11 | 0.17 | 0.07 |
| Interest ⓘ | 1.94 | 1.42 | 1.17 | 1.06 | 1.12 | 1.18 | 1.39 | 1.47 | 1.49 | 1.45 |
| Depreciation ⓘ | 1.41 | 1.40 | 1.31 | 1.35 | 1.34 | 1.29 | 1.30 | 1.07 | 0.98 | 0.93 |
| Exceptional Items ⓘ | 0.02 | 0 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | -1.12 | -1.21 | 0.13 | 0.04 | -1.03 | -0.51 | -2.15 | -1.97 | -0.95 | -0.47 |
| Tax ⓘ | 0 | 0 | 0 | 0.01 | 0 | 0 | 0 | 0.03 | 0 | 0 |
| Profit After Tax | -1.12 | -1.21 | 0.13 | 0.03 | -1.03 | -0.51 | -2.15 | -2 | -0.95 | -0.47 |
| PAT Margin (%) | -2.5% | -3.0% | 0.4% | 0.1% | -2.9% | -1.9% | -15.3% | -9.1% | -4.2% | -1.8% |
| Adjusted EPS (₹) | -1.5 | -1.6 | 0.2 | 0.0 | -1.3 | -0.7 | -2.8 | -2.6 | -1.2 | -0.6 |
| Dividend Payout Ratio (%) | 0% | 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 | 7.46 | 6.25 | 6.38 | 8.29 | 7.24 | 6.75 | 4.62 | 2.63 | 1.68 | 1.19 |
| Share Capital ⓘ | 7.67 | 7.67 | 7.67 | 7.67 | 7.67 | 7.67 | 7.67 | 7.67 | 7.67 | 7.67 |
| Reserves ⓘ | -0.21 | -1.42 | -1.29 | 0.62 | -0.43 | -0.93 | -3.06 | -5.05 | -5.99 | -6.48 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 9.11 | 7.15 | 6.04 | 6.11 | 6.62 | 8.09 | 12.24 | 10.97 | 10.89 | 9.81 |
| Long Term Debt | 5.39 | 3.33 | 1.28 | 1.94 | 2.97 | 4.82 | 8.07 | 6.81 | 6.73 | 5.68 |
| Short Term Debt | 3.72 | 3.82 | 4.75 | 4.16 | 3.66 | 3.28 | 4.17 | 4.16 | 4.16 | 4.14 |
| Trade Payables | 12.72 | 8 | 6.24 | 8.41 | 10.55 | 5.13 | 4.64 | 6.74 | 5.10 | 6.15 |
| Others Liabilities ⓘ | 7.03 | 7.11 | 8.17 | 6.39 | 6.74 | 1.87 | 0.86 | 2.04 | 2.05 | 1.96 |
| Total Liabilities ⓘ | 36.32 | 28.51 | 26.83 | 29.19 | 31.16 | 21.85 | 22.35 | 22.38 | 19.72 | 19.12 |
Fixed Assets | ||||||||||
| Gross Block | 26.03 | 25.89 | 26.24 | 28.21 | 28.12 | 28.12 | 27.93 | 27.97 | 27.98 | 28.12 |
| Accumulated Depreciation | 10.95 | 12.09 | 11.69 | 12.95 | 14.04 | 15.33 | 16.44 | 17.51 | 18.48 | 19.40 |
| Net Fixed Assetsⓘ | 15.08 | 13.81 | 14.55 | 15.26 | 14.07 | 12.79 | 11.49 | 10.45 | 9.51 | 8.72 |
| CWIP ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investmentsⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventories | 5.95 | 4.59 | 3.55 | 4.27 | 4.93 | 3.41 | 3.37 | 3.38 | 3.03 | 3.13 |
| Trade Receivables | 11.77 | 6.84 | 5.54 | 6.76 | 8.43 | 4.12 | 5.47 | 6.96 | 6.19 | 6.38 |
| Cash Equivalents | 0.90 | 0.91 | 0.78 | 0.72 | 0.84 | 0.01 | 0.59 | 0.19 | 0.01 | 0.01 |
| Others Assetsⓘ | 2.62 | 2.37 | 2.40 | 2.18 | 2.88 | 1.51 | 1.43 | 1.39 | 0.99 | 0.89 |
| Total Assets ⓘ | 36.32 | 28.51 | 26.83 | 29.19 | 31.16 | 21.85 | 22.35 | 22.38 | 19.72 | 19.12 |
| 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 ⓘ | 7.41 | 3.50 | 4.11 | 2.27 | 0.45 | -0.75 | -1.27 | 1.39 | 1.55 | 2.70 |
| PBT ⓘ | -1.12 | -1.21 | 0.13 | 0.04 | -1.03 | -0.51 | -2.15 | -1.97 | -0.95 | -0.47 |
| Adjustment ⓘ | 3.18 | 2.80 | 2.41 | 2.30 | 2.33 | 2.40 | 2.71 | 2.51 | 2.47 | 2.34 |
| Changes in Working Capital ⓘ | 5.35 | 1.92 | 1.57 | -0.07 | -0.85 | -2.64 | -1.83 | 0.85 | 0.03 | 0.83 |
| Tax Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Flow From Investing Activity ⓘ | -0.28 | -0.12 | -1.95 | -0.09 | -0.02 | 0.06 | 0 | 0.01 | -0.02 | -0.12 |
| Capex | -0.32 | -0.16 | -2.06 | -0.19 | -0.14 | 0 | 0 | -0.04 | -0.04 | -0.14 |
| Net Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 0.03 | 0.05 | 0.11 | 0.10 | 0.12 | 0.07 | 0 | 0.05 | 0.02 | 0.02 |
| Cash Flow From Financing Activityⓘ | -6.61 | -3.37 | -2.29 | -2.07 | -0.32 | -0.14 | 1.86 | -1.79 | -1.72 | -2.58 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | -1.59 | -2.06 | -2.05 | 0.66 | 1.47 | 1.85 | 3.25 | -1.33 | -0.08 | -1.05 |
| Interest Paid ⓘ | -1.94 | -1.42 | -1.17 | -1.06 | -1.12 | -1.18 | -1.39 | -1.47 | -1.49 | -1.45 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | -3.08 | 0.11 | 0.93 | -1.68 | -0.67 | -0.82 | -0.01 | 1.01 | -0.14 | -0.08 |
| Net Cash Flow ⓘ | 0.51 | 0.01 | -0.13 | 0.11 | 0.12 | -0.84 | 0.58 | -0.39 | -0.18 | -0.01 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | -14.01 | -17.67 | 2.05 | 0.45 | -17.42 | -8.47 | -45.34 | -114.34 | -332.42 | 0 |
| ROCE (%) | 3.87 | 1.23 | 8.62 | 7.63 | 0.7 | 4.45 | -4.87 | -3.57 | 4.39 | 8.87 |
| Asset Turnover Ratio | 1.41 | 1.39 | 1.19 | 1.36 | 1.18 | 1.04 | 0.64 | 0.99 | 1.09 | 1.38 |
| PAT to CFO Conversion(x) | N/A | N/A | 31.62 | 75.67 | N/A | N/A | N/A | N/A | N/A | N/A | Working Capital Days |
| Receivable Days | 83 | 75 | 68 | 59 | 78 | 83 | 125 | 103 | 105 | 85 |
| Inventory Days | 38 | 43 | 45 | 38 | 47 | 55 | 88 | 56 | 51 | 42 |
| Payable Days | 117 | 129 | 134 | 103 | 139 | 157 | 207 | 137 | 141 | 128 |
Organic Coatings Ltd. came into being on April 22, 1965 under the name of Organic Coatings. They have time and again proved their technical competence and business sense in the manufacture of offset inks, flex graphic inks, gravure inks and allied products having a variety of uses in printing.
Their In-house Research & Development unit has been recognized by the Department of Scientific and Industrial Research, Ministry of Science and Technology, Government of India in 1991. Their R & D team developed the technology for manufacturing security inks used for printing of cheques, ultra violet curing inks used for packaging, flex graphic and gravure inks used for BOPP, polyesters etc. Understanding their responsibity as a diligent corporate citizen they have formulated environment - friendly water based inks & coatings, which are especially useful for food packaging and meets FDA requirements in terms of quality. They have also developed and commercially marketed specialty products for ITC Ltd., VFC Ltd., etc in bulk.
The company’s inks fulfill all the expectations regarding color consistency, print quality, drying, gloss and rub resistance and other such concerns. They are in constant touch with their customers, ascertaining their requirements and doctoring their inks to perform under different conditions. Their high expectation of their selves and their sensitivity to customer needs is the best guarantee for their products.
Product range of the company includes:
Achievements/ recognition:
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.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Limited to the first 10 users today!
Practical Stock Investing Hand Book
By - Raymond Moses
Founder of MoneyWorks4Me | Consultant | Trainer | Author | TEDx Speaker
Register & Get Instant Access!Don't miss out! First 10 users today get it FREE
With this 4 hrs Masterclass, you’ll be able to:
Download APP
