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Oceanic Foods Overview

Oceanic Foods Limited is an Indian food processing and trading company primarily engaged in the business of manufacturing, processing, and marketing of agro-based food products, with a focus on rice, spices, and other packaged food items for domestic and export markets. The company operates in the fast-moving consumer food segment where demand is driven by population growth, changing consumption patterns, and rising preference for branded and packaged foods. Over the years, Oceanic Foods has remained a small-cap player with a modest operational...Read More

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Oceanic Foods Key Financials

Market Cap ₹70 Cr.

Stock P/E

P/B 1.6

Current Price ₹62.5

Book Value ₹ 38.7

Face Value 10

52W High ₹83.9

Dividend Yield 0%

52W Low ₹ 38.2

Oceanic Foods Share Price

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Volume
Price

Oceanic Foods Quarterly Price

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Oceanic Foods Peer Comparison

Oceanic Foods Quarterly Results

#(Fig in Cr.) Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025
Net Sales 17 20 26 29 36 31 36 36 44 41
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 17 20 26 29 36 31 36 36 44 41
Total Expenditure 16 19 25 27 34 29 34 33 41 38
Operating Profit 1 1 1 1 2 2 3 3 3 3
Interest 0 0 0 0 0 0 1 1 1 1
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 1 1 1 1 2 1 1 2 2 2
Provision for Tax 0 0 0 0 0 0 0 0 1 1
Profit After Tax 0 0 0 0 1 1 1 1 2 2
Adjustments -0 0 0 0 -0 0 0 0 -0 0
Profit After Adjustments 0 0 0 0 1 1 1 1 2 2
Adjusted Earnings Per Share 0.4 0.4 0.4 0.4 1 0.9 1.1 1.1 1.3 1.4

Oceanic Foods Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 81 63 78 81 78 91 106 124 89 110 147 157
Other Income 0 0 0 0 0 0 1 0 0 0 0 0
Total Income 81 63 78 82 78 91 107 124 89 110 147 157
Total Expenditure 76 57 72 77 73 85 102 118 83 104 137 146
Operating Profit 5 6 7 5 6 7 5 6 6 5 11 12
Interest 3 3 3 2 2 2 1 2 1 0 3 4
Depreciation 1 1 1 1 1 1 1 1 1 1 2 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 2 2 3 2 3 4 3 3 4 4 6 7
Provision for Tax 1 1 1 1 1 1 1 1 1 1 1 2
Profit After Tax 1 2 2 1 2 3 2 3 3 3 5 6
Adjustments 0 0 0 0 0 0 0 0 -0 -0 -0 0
Profit After Adjustments 1 2 2 1 2 3 2 3 3 2 5 6
Adjusted Earnings Per Share 0 0 1.8 1.1 2.2 2.6 2 2.4 2.7 2.2 4.4 4.9

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 34% 6% 10% 6%
Operating Profit CAGR 120% 22% 9% 8%
PAT CAGR 67% 19% 11% 17%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 49% 32% 6% NA%
ROE Average 14% 11% 10% 12%
ROCE Average 15% 13% 13% 14%

Oceanic Foods Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 8 9 17 18 21 23 26 28 31 34 39
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 1 0 0 1 1 0 0 2
Other Non-Current Liabilities 1 1 1 1 1 1 1 2 2 2 2
Total Current Liabilities 29 28 25 23 24 20 21 21 9 31 48
Total Liabilities 39 39 43 43 46 45 49 52 42 66 91
Fixed Assets 12 10 12 13 13 13 13 13 13 13 18
Other Non-Current Assets 1 1 0 0 1 1 1 1 1 1 4
Total Current Assets 26 28 31 30 32 30 35 38 28 52 69
Total Assets 39 39 43 43 46 45 49 52 42 66 91

Oceanic Foods Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 3 3 0 1 0 1 -2 2 6
Cash Flow from Operating Activities 3 1 7 7 -6 9 2 5 16 -8 -12
Cash Flow from Investing Activities -0 1 -1 -2 7 -1 0 -1 -1 -3 -8
Cash Flow from Financing Activities -2 1 -6 -1 -0 -9 -1 -4 -11 15 14
Net Cash Inflow / Outflow 0 3 -0 4 0 -1 1 -1 4 4 -6
Closing Cash & Cash Equivalent 0 3 3 7 1 0 1 0 2 6 0

Oceanic Foods Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0 0 1.78 1.15 2.18 2.57 1.96 2.37 2.68 2.25 4.4
CEPS(Rs) 2.11 2.68 2.37 1.78 2.99 3.35 2.75 3.26 3.63 3.22 5.78
DPS(Rs) 2.5 0.25 0.25 0.25 0.1 0 0 0 0 0 0
Book NAV/Share(Rs) 0 0 15.33 16.37 18.36 20.79 22.76 25.15 27.83 30.02 34.37
Core EBITDA Margin(%) 6.43 9.19 8.52 5.89 7.35 7.1 4.39 4.86 6.43 4.88 7.12
EBIT Margin(%) 6 8.5 7.96 5.17 6.29 6.35 4.12 4.27 5.37 3.9 6.13
Pre Tax Margin(%) 2.27 3.79 3.94 2.38 4.09 4.16 2.76 2.77 4.65 3.6 4.32
PAT Margin (%) 1.52 2.51 2.57 1.58 3.13 3.17 2.07 2.16 3.39 2.3 3.36
Cash Profit Margin (%) 2.15 3.53 3.41 2.46 4.29 4.14 2.91 2.96 4.59 3.3 4.42
ROA(%) 3.35 4.07 4.9 2.97 5.49 6.36 4.72 5.33 6.46 4.67 6.3
ROE(%) 16.84 18.16 15.07 7.23 12.54 13.12 8.98 9.91 10.12 7.77 13.66
ROCE(%) 17.55 16.87 18.17 11.85 12.63 14.91 11.54 13.46 13.42 10.6 15.15
Receivable days 62.24 71.15 62.68 63.16 64.81 77.13 76.96 63.76 64.72 58.48 82.31
Inventory Days 35.63 52.84 39.67 29.22 39.87 34.85 27.62 36.53 56.63 51.67 51.58
Payable days 44.35 41.5 30.38 36.47 19.82 15.3 17.62 15.26 28.43 34.89 43.88
PER(x) 0 0 12.18 37.25 18.67 13.62 31.81 26.11 9.75 0 10.01
Price/Book(x) 0 0 1.42 2.61 2.21 1.68 2.73 2.46 0.94 0 1.28
Dividend Yield(%) 0 0 0.38 0.2 0.08 0 0 0 0 0 0
EV/Net Sales(x) 0.26 0.39 0.49 0.73 0.83 0.58 0.78 0.65 0.32 0.19 0.55
EV/Core EBITDA(x) 3.89 4.12 5.54 12.05 11.16 7.91 15.73 12.86 4.81 3.79 7.66
Net Sales Growth(%) 13.63 -22.86 24.96 4.14 -3.8 16.22 16.67 16.46 -28.17 23.37 34.07
EBIT Growth(%) 15.42 9.37 16.91 -32.28 16.93 17.44 -24.35 20.65 -9.57 -10.54 110.83
PAT Growth(%) -4.75 27.09 27.92 -35.82 90.15 17.96 -23.88 21.35 12.97 -16.19 95.77
EPS Growth(%) 0 0 0 -35.82 90.15 17.96 -23.87 21.34 12.97 -16.19 95.77
Debt/Equity(x) 2.63 2.68 0.97 1.02 0.98 0.57 0.53 0.39 0.02 0.45 0.81
Current Ratio(x) 0.88 0.98 1.25 1.3 1.32 1.52 1.65 1.79 3.2 1.69 1.45
Quick Ratio(x) 0.55 0.67 0.91 1.1 0.8 1.27 1.12 1.15 1.61 1.13 0.94
Interest Cover(x) 1.61 1.8 1.98 1.85 2.87 2.9 3.02 2.84 7.45 13.26 3.38
Total Debt/Mcap(x) 0 0 0.68 0.39 0.44 0.34 0.19 0.16 0.02 0 0.64

Oceanic Foods Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 74.07 74.07 74.07 74.07 74.07 74.07 74.07 74.07 74.07 74.07
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 25.93 25.93 25.93 25.93 25.93 25.93 25.93 25.93 25.93 25.93
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Oceanic Foods News

Oceanic Foods Pros & Cons

Pros

Cons

  • Company has a low return on equity of 11% over the last 3 years.
  • Debtor days have increased from 34.89 to 43.88days.
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