Ovobel Foods Ltd - Stock Valuation and Financial Performance

BSE: 530741 | NSE: | Consumer Food | Small Cap

Ovobel Foods Share Price

107.35 4.00 3.87%
as on 03-Dec'24 16:59

DeciZen - make an informed investing decision on Ovobel Foods

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Ovobel Foods stock performance -

mw4me loader
P/E Ratio (SA):
32.89
Market Cap:
98.2 Cr.
52-wk low:
97.6
52-wk high:
280

Is Ovobel Foods Ltd an attractive stock to invest in?

1. Is Ovobel Foods Ltd a good quality company?

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

2. Is Ovobel Foods Ltd undervalued or overvalued?

The key valuation ratios of Ovobel Foods Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Ovobel Foods Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Ovobel Foods Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Ovobel Foods:

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.
Ovobel Foods 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 % 89.8%28.6%-7.4%25.1%31.7%14.3%-4%2.3%80.3%27.8%-
Value Creation
Index
5.41.0-1.50.81.30.0-1.3-0.84.71.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 98.310675.483.497.3109111125221175169
Sales YoY Gr.-7.4%-28.6%10.7%16.6%11.7%1.9%13%76.9%-21.1%-
Adj EPS 83-4.23.45.21.7-2.4-0.939.417.83.1
YoY Gr.--62.6%-240%NA50.6%-67.2%-242%NANA-54.9%-
BVPS (₹) 9.313.29.713.919.321.619.921.16280.785.3
Adj Net
Profit
8.43.2-4.43.65.41.8-2.5-0.937.416.93
Cash Flow from Ops. 8.2-2.3-3.31.12.60.6-1-4.940.96.9-
Debt/CF from Ops. 2-6.1-3.910.54.519.8-15.1-5.50.72.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 6.6%12.4%16.4%-21.1%
Adj EPS 9.2%28.1%NA-54.9%
BVPS27.2%33.1%59.6%30.1%
Share Price - 37.4% 53% -59.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
320.326.7-36.729318.3-11.6-4.294.724.93.8
Op. Profit
Mgn %
6.6-1.2-8-10.7-4.7-2-5.7-0.123.212.20.7
Net Profit
Mgn %
8.63-5.94.35.61.6-2.3-0.716.99.71.8
Debt to
Equity
1.711.30.80.60.50.81.40.50.30
Working Cap
Days
93128199152104919797639596
Cash Conv.
Cycle
50651078962576366486660

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 16.40%

Debt to equity has declined versus last 3 years average to 0.25

Return on Equity has declined versus last 3 years average to 3.80%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -17.22%

Latest Financials - Ovobel Foods Ltd.

Standalone Consolidated
TTM EPS (₹) 3.1 -
TTM Sales (₹ Cr.) 169 -
BVPS (₹.) 85.3 -
Reserves (₹ Cr.) 72 -
P/BV 1.21 -
PE 32.89 -
From the Market
52 Week Low / High (₹) 97.60 / 280.00
All Time Low / High (₹) 1.00 / 365.00
Market Cap (₹ Cr.) 98.2
Equity (₹ Cr.) 9.5
Face Value (₹) 10
Industry PE 66.8

Management X-Ray of Ovobel Foods:

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 Ovobel Foods

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
Sales98.30105.5775.3583.4297.30108.70110.73125.09221.34174.63
Operating Expenses 91.83106.7881.4292.33101.85110.92117.06125.16169.97153.36
Manufacturing Costs6.956.934.945.756.666.886.447.6112.8315.01
Material Costs74.3878.6863.1171.8679.438690.3298.62135.93120.27
Employee Cost 4.806.985.296.627.39810.288.229.6210.25
Other Costs 5.7014.198.088.108.3710.0510.0210.7011.587.84
Operating Profit 6.47-1.21-6.07-8.91-4.55-2.22-6.33-0.0751.3721.27
Operating Profit Margin (%) 6.6%-1.1%-8.1%-10.7%-4.7%-2.0%-5.7%-0.1%23.2%12.2%
Other Income 8.449.555.2216.3714.828.025.781.943.425.19
Interest 1.221.611.020.930.870.921.140.841.431.61
Depreciation 0.260.561.041.270.981.040.880.900.770.98
Exceptional Items 0000000000
Profit Before Tax 13.436.17-2.915.278.413.85-2.580.1252.6023.88
Tax 4.211.990.600.742.751.13-0.770.1113.775.99
Profit After Tax 9.224.18-3.514.535.652.72-1.810.0238.8217.89
PAT Margin (%) 9.4%4.0%-4.7%5.4%5.8%2.5%-1.6%0.0%17.5%10.2%
Adjusted EPS (₹)8.84.0-3.34.35.42.6-1.70.040.918.8
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 9.7113.8910.1514.6120.2922.6720.852058.9176.63
Share Capital 10.5010.5010.5010.5010.5010.5010.509.509.509.50
Reserves -0.793.39-0.354.119.7912.1710.3510.5049.4167.13
Minority Interest0000000000
Debt16.4514.3312.7311.9511.6212.1215.5426.3627.4318.28
Long Term Debt1.281.281.280.42000.303.352.021.14
Short Term Debt15.1713.0511.4511.5311.6212.1215.242325.4017.13
Trade Payables3.233.261.412.683.311.743.072.882.641.73
Others Liabilities 25.2128.1425.7511.791.174.072.365.3810.724.97
Total Liabilities 54.6059.6250.0441.0336.3940.6041.8254.6299.70101.61

Fixed Assets

Gross Block24.0325.0628.4328.7529.2429.9331.1831.3431.9143
Accumulated Depreciation19.3122.4623.4824.7425.7326.7527.6328.5329.1230.06
Net Fixed Assets4.722.604.9543.523.193.552.812.7812.95
CWIP 0.35000000000
Investments 0.030.030.050.060.040.020.040.049.049.05
Inventories6.278.0312.709.1110.6413.6712.4917.7118.0325.06
Trade Receivables12.7517.4110.9411.986.987.559.4211.5717.867.99
Cash Equivalents 21.7512.926.066.497.928.178.8914.9647.9827.03
Others Assets8.7318.6315.349.397.308.017.437.53419.53
Total Assets 54.6059.6250.0441.0336.3940.6041.8254.6299.70101.61

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 8.18-2.34-3.251.142.560.61-1.03-4.9140.896.94
PBT 13.436.17-3.155.238.423.85-2.580.1252.6023.88
Adjustment -0.020.211.261.661.171.371.321.470.85-1.28
Changes in Working Capital -4.9-6.86-0.86-4.68-4.63-2.710.22-6.51-1.64-7.65
Tax Paid -0.33-1.86-0.50-1.06-2.40-1.9000-10.92-8
Cash Flow From Investing Activity -7.270.933.840.03-0.06-0.09-1.98-0.29-41.16-1
Capex -0.45-0.69-3.37-0.32-0.49-0.54-1.24-0.34-0.57-15.26
Net Investments 000000-1.22-0.40-41.8811.12
Others -6.821.627.210.350.440.450.480.441.283.14
Cash Flow From Financing Activity -2.38-1.27-0.63-0.75-1.08-0.272.5210.780.42-10.78
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -7.41000-1.5300000
Interest Paid -0.95-1.27-0.63-0.75-0.63-0.78-0.92-0.53-1.28-1.40
Dividend Paid 0000000000
Others 5.980001.080.503.4311.311.70-9.38
Net Cash Flow -1.47-2.68-0.040.431.430.25-0.495.580.15-4.83
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)350.0235.42-29.236.5832.3912.66-8.320.0898.3926.39
ROCE (%)89.7528.61-7.425.0831.7414.29-4.022.3280.2927.75
Asset Turnover Ratio2.151.861.391.842.512.822.692.592.871.76
PAT to CFO Conversion(x)0.89-0.56N/A0.250.450.22N/A-245.51.050.39
Working Capital Days
Receivable Days44526850362428312427
Inventory Days23255048374143442944
Payable Days211514101411101177

Ovobel Foods Ltd Stock News

Ovobel Foods Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Ovobel Foods on 03-Dec-2024 16:59 is ₹107.3.
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 03-Dec-2024 16:59 the market cap of Ovobel Foods stood at ₹98.19.
The latest P/E ratio of Ovobel Foods as of 03-Dec-2024 16:59 is 32.89.
The latest P/B ratio of Ovobel Foods as of 03-Dec-2024 16:59 is 1.21.
The 52-week high of Ovobel Foods is ₹280.0 and the 52-week low is ₹97.60.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ovobel Foods is ₹169.3 ( Cr.) .

About Ovobel Foods Ltd

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