Oricon Enterprises Ltd

NSE: ORICONENT BSE: 513121Metal

Incorporated in 1968, Oricon Enterprises Ltd manufactures petrochemical products, trading, liquid colorants and real estate, preform, metal and plastic closures[1]

₹63.5

52W: ₹39.1 — ₹73.1

PE 66 · Book ₹69.1 · -8% vs book

Market Cap₹997 Cr

Stock P/E66Price to Earnings

ROCE0.51%Return on Capital

ROE12%Return on Equity

Div. Yield0.77%Face Value ₹2

Strengths

+Company has reduced debt.
+Company is almost debt free.
+Stock is trading at 0.93 times its book value
+Company has delivered good profit growth of 32.7% CAGR over last 5 years
+Company has been maintaining a healthy dividend payout of 38.2%
+Debtor days have improved from 203 to 105 days.

Weaknesses

−The company has delivered a poor sales growth of -25.0% over past five years.
−Company has a low return on equity of 4.94% over last 3 years.
−Earnings include an other income of Rs.55.2 Cr.

Shareholding Pattern

Promoters65.7%

FIIs0.08%

DIIs0.31%

Public33.91%

Category	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Promoters	66.96%	66.96%	66.02%▼0.9	65.7%▼0.3	65.7%	65.7%	65.7%	65.7%
FIIs	0.03%	0.07%▲0.0	0%▼0.1	0.01%▲0.0	0.09%▲0.1	0.28%▲0.2	0.1%▼0.2	0.08%▼0.0
DIIs	1.59%	1.59%	1.13%▼0.5	0.32%▼0.8	0.32%	0.32%	0.32%	0.31%▼0.0
Public	31.42%	31.38%▼0.0	32.84%▲1.5	33.97%▲1.1	33.89%▼0.1	33.71%▼0.2	33.87%▲0.2	33.91%▲0.0

Financial Statements

Metric	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	27.45	21.51	29.88	29.35	16.74	27.11	40.37	3.9	4.62	11.75
Expenses	33.12	28.43	38.05	34.52	22.82	31.67	48.31	9.91	10.1	17.98
Operating Profit	-5.67	-6.92	-8.17	-5.17	-6.08	-4.56	-7.94	-6.01	-5.48	-6.23
OPM %	-20.66%	-32.17%	-27.34%	-17.61%	-36.32%	-16.82%	-19.67%	-154.1%	-118.61%	-53.02%
Net Profit	1.76	-4.52	8.25	5.77	127.58	0.59	-1.94	6.66	6.61	4.55
EPS ₹	0.11	-0.29	0.53	0.37	8.12	0.04	-0.12	0.42	0.42	0.29

AI Insights

Revenue Trend

TTM revenue at ₹61Cr, down 55.8% YoY. OPM at -42%.

Debt Position

Borrowings at ₹11Cr. Debt-to-equity ratio: 0.01x. Healthy balance sheet.

Institutional Flow

DIIs: 0.31% (-1.28pp change). FIIs: 0.08% (+0.06pp change). Promoters hold 65.7%.

Margin & Efficiency

ROCE declining from 3% (Mar 2014) to -1% (Mar 2025). Working capital days: 500.

Valuation

PE 66x with 0.51% ROCE. Price is -8% above book value of ₹69.1. Dividend yield: 0.77%.