Sharescart Research Club logo

OP Chains Overview

OP Chains Ltd. is an Indian publicly listed bullion trading company incorporated on 4 December 2001 and headquartered in Agra, Uttar Pradesh. It operates primarily as an intermediary in the wholesale precious metals market, dealing in bullion trading of gold, silver and other precious metals in the form of bars, coins and related products for customers such as ornament manufacturers, goldsmiths, jewellers and semi‑wholesalers. The company sources precious metals from large suppliers and institutions and supplies them to the jewellery indu...Read More

Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

OP Chains Key Financials

Market Cap ₹21 Cr.

Stock P/E 7.8

P/B 0.6

Current Price ₹31

Book Value ₹ 50

Face Value 10

52W High ₹0

Dividend Yield 0%

52W Low ₹ 0

OP Chains Share Price

| |

Volume
Price

OP Chains Quarterly Price

Show Value Show %

OP Chains Peer Comparison

OP Chains Quarterly Results

#(Fig in Cr.) Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Sep 2020 Sep 2021 Sep 2022
Net Sales 10 6 4 11 3 4 0 0 0 0
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 10 6 4 11 3 4 0 0 0 0
Total Expenditure 10 6 4 11 3 4 0 0 0 0
Operating Profit 0 0 -0 0 -0 -0 -0 0 -0 -0
Interest 0 0 0 0 0 0 0 0 0 0
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 0 0 -0 0 -0 -0 -0 0 -0 -0
Provision for Tax 0 0 0 0 0 0 0 0 0 0
Profit After Tax 0 0 -0 0 -0 -0 -0 0 -0 -0
Adjustments -0 -0 -0 -0 0 0 -0 -0 0 0
Profit After Adjustments 0 0 -0 0 0 -0 -0 0 -0 -0
Adjusted Earnings Per Share 0 0 -0.1 0.1 -0.1 -0 -0.1 0 -0 -0.1

OP Chains 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 258 69 48 24 24 15 1 1 1 14 8 0
Other Income 0 0 0 0 0 0 0 0 2 1 1 0
Total Income 258 69 48 24 25 15 1 1 4 14 10 0
Total Expenditure 258 69 48 24 24 15 1 1 2 12 6 0
Operating Profit 0 0 0 0 0 0 0 0 2 2 4 0
Interest 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 0 0 0 0 0 0 0 2 2 4 0
Provision for Tax 0 0 0 0 0 0 0 0 0 0 1 0
Profit After Tax 0 0 0 0 0 0 0 0 2 2 3 0
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 0 0 0 0 0 0 0 2 2 3 0
Adjusted Earnings Per Share 0.4 0.2 0.2 0.1 0.1 0.1 0.1 0.1 3.4 2.7 4 -0.2

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -43% 100% -12% -29%
Operating Profit CAGR 100% 0% 0% 0%
PAT CAGR 50% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 0% 24% 23% 8%
ROE Average 8% 7% 4% 2%
ROCE Average 10% 8% 5% 3%

OP Chains 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 28 30 31 31 31 30 31 31 33 34 37
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities -0 -0 0 0 0 0 0 0 0 0 0
Total Current Liabilities 0 0 0 0 0 0 0 0 0 0 1
Total Liabilities 28 30 31 31 31 31 31 31 33 35 38
Fixed Assets 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 27 27 28 28 28 28 28 27 19 12 22
Total Current Assets 1 3 3 2 2 3 3 3 14 22 16
Total Assets 28 30 31 31 31 31 31 31 33 35 38

OP Chains 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 0 0 0 0 0 0 0 0 0
Cash Flow from Operating Activities 0 -2 1 0 -0 -0 -0 -0 -8 -7 8
Cash Flow from Investing Activities 0 0 -1 -0 0 0 0 0 8 7 -8
Cash Flow from Financing Activities 0 2 -0 -0 -0 0 0 0 0 0 0
Net Cash Inflow / Outflow 0 -0 0 0 0 -0 0 0 -0 -0 0
Closing Cash & Cash Equivalent 0 0 0 0 0 0 0 0 0 0 0

OP Chains 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 0.2 0.19 0.06 0.07 0.08 0.12 0.07 3.37 2.71 3.96
CEPS(Rs) 0.57 0.28 0.23 0.11 0.1 0.09 0.12 0.07 3.37 2.71 3.96
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 0 44.49 44.68 44.74 44.81 44.5 44.59 44.66 47.47 50.03 53.99
Core EBITDA Margin(%) 0.15 0.38 0.44 0.33 0.19 0.51 2.38 5.87 -4.9 11.06 27.01
EBIT Margin(%) 0.12 0.3 0.39 0.23 0.26 0.46 9.5 5.87 156.4 16.98 43.82
Pre Tax Margin(%) 0.11 0.3 0.39 0.23 0.26 0.46 9.5 5.86 156.4 16.98 43.81
PAT Margin (%) 0.08 0.19 0.27 0.18 0.21 0.37 8.3 4.99 155.27 13.67 33.17
Cash Profit Margin (%) 0.11 0.28 0.32 0.3 0.28 0.41 8.3 4.99 155.27 13.67 33.17
ROA(%) 0.69 0.46 0.43 0.14 0.16 0.18 0.26 0.16 7.31 5.52 7.47
ROE(%) 0.69 0.46 0.43 0.14 0.16 0.18 0.26 0.16 7.32 5.56 7.62
ROCE(%) 1.07 0.71 0.62 0.18 0.21 0.22 0.3 0.19 7.37 6.91 10.07
Receivable days 0 0 0 0 0 10.74 0 0 0 431.37 693.66
Inventory Days 2.49 8.82 19.56 34.06 32.68 56.11 983.1 1134.48 2017.08 256.96 0
Payable days 0 0 0 0 0 0 0 0 0 0 0
PER(x) 0 0 126.45 260.5 149.25 139.42 94.66 158.9 6.42 0 0
Price/Book(x) 0 0 0.54 0.37 0.25 0.25 0.25 0.25 0.46 0 0
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.02 0.1 0.34 0.47 0.31 0.51 7.85 7.9 9.97 0.5 0.84
EV/Core EBITDA(x) 12.56 25.75 76.34 137.32 92.14 100.61 82.58 134.62 6.37 2.97 1.91
Net Sales Growth(%) -0.32 -73.2 -30.37 -49.68 0.89 -39.56 -93.52 1.36 53 813.92 -39.77
EBIT Growth(%) 39.8 -31.16 -9.29 -71 17.26 6.33 33.33 -37.41 3978.62 -0.77 55.4
PAT Growth(%) 75.27 -30.65 -3.33 -66.1 14.56 7.04 47.25 -39.06 4659.85 -19.54 46.14
EPS Growth(%) 0 0 -3.32 -66.12 14.62 7.06 47.28 -39.07 4660.31 -19.54 46.14
Debt/Equity(x) 0 0 0 0 0 0 0 0 0 0 0
Current Ratio(x) 25.24 201.98 208.37 80.98 38.52 66.69 95.21 162.57 624.46 48.07 17.25
Quick Ratio(x) 5.94 37.34 18.11 7.69 2.66 13 2.89 5.99 18.07 35.62 17.25
Interest Cover(x) 13.25 111.2 282.87 347.43 284.73 576.12 2375.26 900.76 0 0 0
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0 0 0

OP Chains Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 74.53 74.53 74.53 74.53 74.53 74.53 74.53 74.53 74.53 74.53
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 25.47 25.47 25.47 25.47 25.47 25.47 25.47 25.47 25.47 25.47
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

OP Chains News

OP Chains Pros & Cons

Pros

  • Stock is trading at 0.6 times its book value
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 7% over the last 3 years.
whatsapp