Ocean Agro (India) Ltd - Stock Valuation and Financial Performance

BSE: 519491 | NSE: | Pesticides & Agrochemicals | Small Cap

Ocean Agro (India) Share Price

17.60 0.00 0.00%
as on 26-Aug'20 18:01

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Ocean Agro (India) stock performance -

mw4me loader
P/E Ratio (SA):
51.37
Market Cap:
11.9 Cr.
52-wk low:
17.6
52-wk high:
18.7

Is an attractive stock to invest in?

1. Is a good quality company?

Data is not available for this company.

2. Is undervalued or overvalued?

The key valuation ratios of Ocean Agro (India) Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

3. Is a good buy now?

No data found

10 Year X-Ray of Ocean Agro (India):

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.

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 3.6%3.6%4.1%4.5%3.2%-42.9%2.7%3.9%3.2%2.6%-
Value Creation
Index
-0.7-0.7-0.7-0.7-0.8-4.1-0.8-0.7-0.8-0.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 20.121.522.823.519.818.81720.418.115.818
Sales YoY Gr.-6.6%6.1%3.3%-15.9%-5%-9.3%19.5%-11.3%-12.7%-
Adj EPS 0.20.20.50.70.3-4.60.60.30.4-0.10.3
YoY Gr.-20%120.8%35.9%-58.3%-1616.7%NA-40%15.2%-118.4%-
BVPS (₹) 3333.333.834.534.819.219.418.719.11919.4
Adj Net
Profit
0.10.20.40.50.2-3.80.50.30.3-0.10
Cash Flow from Ops. 1.200.81.20.50.100-2.6-1.6-
Debt/CF from Ops. 2.9112.14.63.17.235.9240.30-1.4-2.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -2.7%-4.4%-2.6%-12.7%
Adj EPS -189%-174.8%-150.3%-118.4%
BVPS-6%-11.4%-0.7%-0.4%
Share Price 3.2% -6.8% - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
0.60.71.520.8-20.13.421.9-0.41.8
Op. Profit
Mgn %
11.911.810.59.97.3-2.58.46.75.52.28.4
Net Profit
Mgn %
0.70.71.62.11-20.42.71.41.4-0.31.3
Debt to
Equity
0.20.20.20.20.20.30.40.40.30.30.1
Working Cap
Days
354323300288395387339310352404121
Cash Conv.
Cycle
32829927726230423017016018021734

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to %

Sales growth has been subdued in last 3 years %

Net Profit has been subdued in last 3 years %

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

Latest Financials - Ocean Agro (India) Ltd.

Standalone Consolidated
TTM EPS (₹) 0.3 0.4
TTM Sales (₹ Cr.) 18.1 20.8
BVPS (₹.) 19.4 8.7
Reserves (₹ Cr.) 6 -1
P/BV 0.91 2.03
PE 51.37 39.94
From the Market
52 Week Low / High (₹) 17.60 / 18.65
All Time Low / High (₹) 3.00 / 44.50
Market Cap (₹ Cr.) 11.9
Equity (₹ Cr.) 6.7
Face Value (₹) 10
Industry PE 45.1

Management X-Ray of Ocean Agro (India):

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 Ocean Agro (India)

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales20.1321.4522.7623.5119.7718.7917.0420.3618.0615.76
Operating Expenses 17.7318.9320.3821.1818.3219.2515.6218.9917.0615.41
Manufacturing Costs1.611.791.792.141.731.562.352.351.762.15
Material Costs4.744.524.603.993.522.580.932.342.301.22
Employee Cost 1.171.321.501.451.692.672.783.493.362.14
Other Costs 10.2111.3012.4913.6011.3812.449.5510.819.639.90
Operating Profit 2.402.522.382.331.45-0.471.431.3610.35
Operating Profit Margin (%) 11.9%11.8%10.5%9.9%7.3%-2.5%8.4%6.7%5.5%2.2%
Other Income 00.010.010.03-0.020.020.010.090.030.51
Interest 0.550.540.510.510.500.510.380.490.380.45
Depreciation 0.700.940.290.320.350.410.440.460.430.41
Exceptional Items -0.75-0.62-1-0.80-0.20-9.07-0.49-0.27-0.030
Profit Before Tax 0.410.430.590.730.38-10.440.120.240.190
Tax 0.280.270.240.240.1800-0.04-0.050.05
Profit After Tax 0.130.160.360.490.20-10.440.120.270.23-0.05
PAT Margin (%) 0.6%0.7%1.6%2.1%1.0%-55.6%0.7%1.4%1.3%-0.3%
Adjusted EPS (₹)0.20.20.50.70.3-15.50.20.40.3-0.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 23.1323.2923.6424.1424.3413.7913.9113.4613.6913.59
Share Capital 7.597.597.597.597.597.597.597.597.597.56
Reserves 15.5415.7016.0616.5516.756.206.335.886.116.03
Minority Interest0000000000
Debt3.463.663.533.563.884.334.984.823.214.35
Long Term Debt0.170.100.040.080.120.380.841.070.400.25
Short Term Debt3.303.563.483.473.763.954.143.762.814.10
Trade Payables0.220.190.380.640.670.850.891.510.991.49
Others Liabilities 1.631.361.611.711.791.622.203.313.733.99
Total Liabilities 28.4428.4929.1630.0430.6820.5921.9923.1121.6323.42

Fixed Assets

Gross Block20.9720.9021.3321.8022.3222.6522.9023.1023.1723.42
Accumulated Depreciation15.3416.0316.3216.5916.9417.3017.7418.2018.5818.86
Net Fixed Assets5.634.875.015.225.385.355.154.904.584.56
CWIP 000000.0300.010.110
Investments 2.574.045.225.620.040.040.040.040.040.04
Inventories4.193.903.964.234.034.415.425.595.086.14
Trade Receivables13.5713.9113.4413.3313.373.504.525.155.135.13
Cash Equivalents 1.220.690.450.600.410.180.110.220.040.75
Others Assets1.261.071.081.047.457.086.737.206.646.80
Total Assets 28.4428.4929.1630.0430.6820.5921.9923.1121.6323.42

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 1.180.030.771.160.540.120.020-2.62-1.60
PBT 0.130.430.590.730.38-10.440.1200.23-0.05
Adjustment 1.531.480.800.820.860.810.780-2.32-2.29
Changes in Working Capital -0.2-1.61-0.39-0.15-0.529.77-0.880-0.530.75
Tax Paid -0.28-0.27-0.24-0.24-0.1800000
Cash Flow From Investing Activity -0.46-0.18-0.43-0.52-0.51-0.42-0.2103.452.91
Capex -0.46-0.18-0.43-0.52-0.51-0.42-0.210-0.22-0.27
Net Investments 000000000.61-0.01
Others 000000003.073.19
Cash Flow From Financing Activity -0.69-0.38-0.58-0.49-0.220.060.120-1.02-0.60
Net Proceeds from Shares 000000000-0.10
Net Proceeds from Borrowing -0.14000000000
Interest Paid -0.55-0.54-0.51-0.51-0.50-0.51-0.350-0.35-0.40
Dividend Paid 0000000000
Others 00.16-0.070.020.290.570.460-0.67-0.10
Net Cash Flow 0.03-0.53-0.240.15-0.19-0.23-0.070-0.190.72
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)0.570.721.582.130.87-57.290.942.141.81-0.38
ROCE (%)3.583.634.074.533.16-42.872.733.923.172.57
Asset Turnover Ratio0.710.750.790.790.660.730.80.90.810.7
PAT to CFO Conversion(x)9.080.192.142.372.7N/A0.170-11.39N/A
Working Capital Days
Receivable Days2512342192082431648687104119
Inventory Days82696364758210599108130
Payable Days1716224768107341187198370

Ocean Agro (India) Ltd Stock News

Ocean Agro (India) Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Ocean Agro (India) on 26-Aug-2020 18:01 is ₹17.60.
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 26-Aug-2020 18:01 the market cap of Ocean Agro (India) stood at ₹11.87.
The latest P/E ratio of Ocean Agro (India) as of 26-Aug-2020 18:01 is 51.37.
The latest P/B ratio of Ocean Agro (India) as of 26-Aug-2020 18:01 is 0.91.
The 52-week high of Ocean Agro (India) is ₹18.65 and the 52-week low is ₹17.60.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ocean Agro (India) is ₹18.06 ( Cr.) .

About Ocean Agro (India) Ltd

Since 1971, Ocean Agro (India) has been working in the field of agro products, plastics, packaging materials, and irrigation equipments such as drip and sprinkler systems.

They are producing new generation eco-friendly agro-inputs for more than 3 decades. Their products have superior performance and relatively low cost when compared to similar products. Their Research & Development division develops new product almost every year.

They are promoting organic agriculture through practical demonstration by personal visits & interaction by their trained and experianced field team, and providing crop specific & season wise full recipe free samples to all progressive farmers. They also arrange farmer's meeting and technical seminars where departmental experts from agriculture universities introduce and demonstrate current information.

The company transformed itself into corporate body in 1990. It is the world leader in Bio-Technology, Bio-Fertilizer, Bio-Pesticides, Bio-Fungicides. It has introduced neem products since 1987. It is a listed company with Bombay Stock Exchange and Ahmedabad Stock Exchange, and have multi-location manufacturing sites in Nandeshari near Baroda. Its marketing setup is operative in 12 states currently and it has 150 dedicated experts serving its network of 3000 dealers.

It is the largest indigenous producer of special LDPE valve type polymer bags, polybutadiene rubber dilms, co-extruded films and other packaging materials for which its major customers are Indian Petrochemicals Limited., Reliance Industries Limited., ICI., and Hardillia.

Ocean Agro (India) Limited produces wide range of agro Inputs such as Organic Fertilizers, Bio Fertilizers, Organic Pesticides, Organic Fungicides, Bio Fungicides, Viricides and organic plant growth hormones. All of its products are residue free and Eco Friendly.

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