Market Cap ₹565 Cr.
Stock P/E 27.4
P/B 2
Current Price ₹47.2
Book Value ₹ 23.2
Face Value 1
52W High ₹72.4
Dividend Yield 0.53%
52W Low ₹ 25
Orient Abrasives Ltd is an totally India-based enterprise, that's engaged in the manufacturing of fused grains, monolithics and calcined products. The Company's segments consist of Fused Aluminium Oxide Grains, which includes calcined merchandise and refractories monolithics, and Electricity (Power Division). The Company, through the Abrasives Grains division at Porbandar, manufactures calcined bauxite and fused aluminium oxide abrasive grains, which might be used inside the manufacture of refractories and grinding wheels, and coated abrasives. It manufactures refractory castables and monolithics, which can be used in the cement and metal industries. Through Power department, the Company operates a complete thermal power plant ability of over 20 Megawatts, wherein approximately 10 Megawatts is based on coal and 10 Megawatts on furnace oil. It also has wind power generation ability of approximately 11.1 Megawatts. It sells the energy generated by way of those plants to the respective state power distribution corporations.
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| #(Fig in Cr.) | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 72 | 47 | 75 | 92 | 68 | 55 | 87 | 73 | 83 | 75 |
| Other Income | 0 | 2 | 4 | 2 | 2 | 3 | 1 | 1 | 0 | 1 |
| Total Income | 73 | 48 | 79 | 94 | 70 | 58 | 88 | 74 | 83 | 76 |
| Total Expenditure | 68 | 43 | 72 | 85 | 63 | 51 | 78 | 66 | 72 | 67 |
| Operating Profit | 5 | 5 | 7 | 9 | 7 | 7 | 11 | 8 | 11 | 9 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 2 |
| Profit Before Tax | 1 | 2 | 3 | 5 | 3 | 3 | 7 | 6 | 7 | 7 |
| Provision for Tax | -0 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 2 | 2 |
| Profit After Tax | 1 | 1 | 2 | 4 | 2 | 2 | 6 | 4 | 5 | 5 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 1 | 1 | 2 | 4 | 2 | 2 | 6 | 4 | 5 | 5 |
| Adjusted Earnings Per Share | 0.1 | 0.1 | 0.2 | 0.3 | 0.2 | 0.2 | 0.5 | 0.4 | 0.4 | 0.4 |
| #(Fig in Cr.) | Mar 2011 | Mar 2022 | Mar 2023 | TTM |
|---|---|---|---|---|
| Net Sales | 366 | 268 | 302 | 318 |
| Other Income | 4 | 6 | 8 | 3 |
| Total Income | 370 | 273 | 310 | 321 |
| Total Expenditure | 290 | 250 | 276 | 283 |
| Operating Profit | 80 | 23 | 34 | 39 |
| Interest | 8 | 3 | 4 | 4 |
| Depreciation | 13 | 11 | 12 | 13 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 4 |
| Profit Before Tax | 59 | 9 | 18 | 27 |
| Provision for Tax | 13 | 2 | 4 | 7 |
| Profit After Tax | 47 | 7 | 14 | 20 |
| Adjustments | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 47 | 7 | 14 | 20 |
| Adjusted Earnings Per Share | 3.9 | 0.6 | 1.2 | 1.7 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 13% | 0% | 0% | 0% |
| Operating Profit CAGR | 48% | 0% | 0% | 0% |
| PAT CAGR | 100% | 0% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | 82% | 19% | 16% | 10% |
| ROE Average | 6% | 11% | 11% | 11% |
| ROCE Average | 8% | 12% | 12% | 12% |
| #(Fig in Cr.) | Mar 2011 | Mar 2022 | Mar 2023 |
|---|---|---|---|
| Shareholder's Funds | 184 | 248 | 260 |
| Minority's Interest | 0 | 0 | 0 |
| Borrowings | 92 | 0 | 6 |
| Other Non-Current Liabilities | 10 | 13 | 14 |
| Total Current Liabilities | 49 | 80 | 47 |
| Total Liabilities | 335 | 341 | 327 |
| Fixed Assets | 140 | 147 | 149 |
| Other Non-Current Assets | 16 | 3 | 6 |
| Total Current Assets | 178 | 191 | 172 |
| Total Assets | 335 | 341 | 327 |
| #(Fig in Cr.) | Mar 2011 | Mar 2022 | Mar 2023 |
|---|---|---|---|
| Opening Cash & Cash Equivalents | 2 | 3 | 3 |
| Cash Flow from Operating Activities | 43 | 32 | 44 |
| Cash Flow from Investing Activities | -37 | -34 | -13 |
| Cash Flow from Financing Activities | -5 | 2 | -28 |
| Net Cash Inflow / Outflow | 1 | -0 | 2 |
| Closing Cash & Cash Equivalent | 3 | 3 | 6 |
| # | Mar 2011 | Mar 2022 | Mar 2023 |
|---|---|---|---|
| Earnings Per Share (Rs) | 3.91 | 0.57 | 1.19 |
| CEPS(Rs) | 4.99 | 1.53 | 2.18 |
| DPS(Rs) | 1 | 0.15 | 0.25 |
| Book NAV/Share(Rs) | 15.35 | 20.69 | 21.76 |
| Core EBITDA Margin(%) | 19.27 | 6.44 | 8.62 |
| EBIT Margin(%) | 16.98 | 4.37 | 7.28 |
| Pre Tax Margin(%) | 15 | 3.25 | 5.99 |
| PAT Margin (%) | 11.81 | 2.56 | 4.7 |
| Cash Profit Margin (%) | 15.09 | 6.84 | 8.65 |
| ROA(%) | 13.97 | 2.03 | 4.26 |
| ROE(%) | 25.46 | 3.18 | 5.6 |
| ROCE(%) | 24.35 | 4.17 | 7.86 |
| Receivable days | 65.24 | 99.49 | 89.58 |
| Inventory Days | 76.49 | 99.93 | 77.1 |
| Payable days | 102.95 | 90.69 | 66.9 |
| PER(x) | 9.47 | 51.53 | 19.19 |
| Price/Book(x) | 2.41 | 1.43 | 1.05 |
| Dividend Yield(%) | 2.7 | 0.51 | 1.1 |
| EV/Net Sales(x) | 1.45 | 1.44 | 0.93 |
| EV/Core EBITDA(x) | 6.63 | 16.66 | 8.27 |
| Net Sales Growth(%) | 0 | -26.88 | 12.96 |
| EBIT Growth(%) | 0 | -82.59 | 88.22 |
| PAT Growth(%) | 0 | -85.32 | 107.17 |
| EPS Growth(%) | 0 | -85.32 | 107.15 |
| Debt/Equity(x) | 0.5 | 0.15 | 0.06 |
| Current Ratio(x) | 3.66 | 2.37 | 3.64 |
| Quick Ratio(x) | 1.96 | 1.58 | 2.29 |
| Interest Cover(x) | 8.57 | 3.91 | 5.64 |
| Total Debt/Mcap(x) | 0.21 | 0.11 | 0.05 |
| # | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 63.58 | 63.58 | 63.58 | 63.58 | 63.58 | 63.58 | 63.58 | 63.58 | 63.58 | 63.58 |
| FII | 13.24 | 13.23 | 13.23 | 13.26 | 13.23 | 13.23 | 13.23 | 13.23 | 13.3 | 13.24 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 23.18 | 23.19 | 23.19 | 23.16 | 23.19 | 23.19 | 23.19 | 23.19 | 23.12 | 23.17 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 7.61 | 7.61 | 7.61 | 7.61 | 7.61 | 7.61 | 7.61 | 7.61 | 7.61 | 7.61 |
| FII | 1.58 | 1.58 | 1.58 | 1.59 | 1.58 | 1.58 | 1.58 | 1.58 | 1.59 | 1.58 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 2.77 | 2.77 | 2.77 | 2.77 | 2.77 | 2.77 | 2.77 | 2.77 | 2.77 | 2.77 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11.96 | 11.96 | 11.96 | 11.96 | 11.96 | 11.96 | 11.96 | 11.96 | 11.96 | 11.96 |
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