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Oceanic Foods

  • Market Cap: Micro Cap
  • Industry: FMCG
  • ISIN: INE711V01010
  • NSEID:
  • BSEID: 540405
INR
40.48
-0.63 (-1.53%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 4.62 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

4.62 k (688.03%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

74.07%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Weak Long Term Fundamental Strength with a 4.65% CAGR growth in Operating Profits over the last 5 years

  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 2.85 times
  • The company has been able to generate a Return on Equity (avg) of 9.18% signifying low profitability per unit of shareholders funds
stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

FMCG

stock-summary
Market cap

INR 46 Cr (Micro Cap)

stock-summary
P/E

10.00

stock-summary
Industry P/E

54

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.80

stock-summary
Return on Equity

12.80%

stock-summary
Price to Book

1.29

Revenue and Profits (1 Year):
Net Sales:
34 Cr
(Quarterly Results - Dec 2024)
Net Profit:
1 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-11.81%
0%
-11.81%
1 Year
0%
0%
0.0%
2 Years
40.51%
0%
40.51%
3 Years
-32.87%
0%
-32.87%
4 Years
-22.45%
0%
-22.45%
5 Years
29.12%
0%
29.12%

Latest dividend: 0.1 per share ex-dividend date: Sep-19-2019

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
8.38%
EBIT Growth (5y)
4.65%
EBIT to Interest (avg)
2.04
Debt to EBITDA (avg)
3.27
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
2.27
Tax Ratio
24.13%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
12.94%
ROE (avg)
9.18%
Valuation key factors
Factor
Value
P/E Ratio
10
Industry P/E
54
Price to Book Value
1.29
EV to EBIT
9.49
EV to EBITDA
8.06
EV to Capital Employed
1.16
EV to Sales
0.54
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
10.37%
ROE (Latest)
12.80%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Ajesh Patel (74.07%)

Highest Public shareholder

Ritaben Chandrakant Sadaria (3.23%)

Individual Investors Holdings

24.39%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 23.55% vs 35.66% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 159.57% vs -44.71% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "34.41",
          "val2": "27.85",
          "chgp": "23.55%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "2.65",
          "val2": "1.28",
          "chgp": "107.03%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.62",
          "val2": "0.04",
          "chgp": "1,450.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "1.22",
          "val2": "0.47",
          "chgp": "159.57%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "7.70%",
          "val2": "4.60%",
          "chgp": "3.10%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 46.51% vs -8.83% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 146.67% vs -48.57% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "64.73",
          "val2": "44.18",
          "chgp": "46.51%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "4.68",
          "val2": "2.07",
          "chgp": "126.09%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.34",
          "val2": "0.14",
          "chgp": "857.14%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "2.22",
          "val2": "0.90",
          "chgp": "146.67%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "7.23%",
          "val2": "4.69%",
          "chgp": "2.54%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 37.64% vs 4.41% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 151.09% vs -47.31% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "99.14",
          "val2": "72.03",
          "chgp": "37.64%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "7.33",
          "val2": "3.35",
          "chgp": "118.81%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.96",
          "val2": "0.18",
          "chgp": "988.89%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "3.44",
          "val2": "1.37",
          "chgp": "151.09%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "7.12%",
          "val2": "4.54%",
          "chgp": "2.58%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 24.85% vs -28.45% in Mar 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -16.23% vs 13.11% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "107.00",
          "val2": "85.70",
          "chgp": "24.85%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "5.35",
          "val2": "5.68",
          "chgp": "-5.81%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.32",
          "val2": "0.59",
          "chgp": "-45.76%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "2.53",
          "val2": "3.02",
          "chgp": "-16.23%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "5.00%",
          "val2": "6.63%",
          "chgp": "-1.63%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
34.41
27.85
23.55%
Operating Profit (PBDIT) excl Other Income
2.65
1.28
107.03%
Interest
0.62
0.04
1,450.00%
Exceptional Items
0.00
0.00
Standalone Net Profit
1.22
0.47
159.57%
Operating Profit Margin (Excl OI)
7.70%
4.60%
3.10%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is 23.55% vs 35.66% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in quarter ended Dec 2024 is 159.57% vs -44.71% in Dec 2023

Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
64.73
44.18
46.51%
Operating Profit (PBDIT) excl Other Income
4.68
2.07
126.09%
Interest
1.34
0.14
857.14%
Exceptional Items
0.00
0.00
Standalone Net Profit
2.22
0.90
146.67%
Operating Profit Margin (Excl OI)
7.23%
4.69%
2.54%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 46.51% vs -8.83% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 146.67% vs -48.57% in Sep 2023

Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
99.14
72.03
37.64%
Operating Profit (PBDIT) excl Other Income
7.33
3.35
118.81%
Interest
1.96
0.18
988.89%
Exceptional Items
0.00
0.00
Standalone Net Profit
3.44
1.37
151.09%
Operating Profit Margin (Excl OI)
7.12%
4.54%
2.58%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 37.64% vs 4.41% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 151.09% vs -47.31% in Dec 2023

Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
107.00
85.70
24.85%
Operating Profit (PBDIT) excl Other Income
5.35
5.68
-5.81%
Interest
0.32
0.59
-45.76%
Exceptional Items
0.00
0.00
Standalone Net Profit
2.53
3.02
-16.23%
Operating Profit Margin (Excl OI)
5.00%
6.63%
-1.63%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 24.85% vs -28.45% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is -16.23% vs 13.11% in Mar 2023

stock-summaryCompany CV
About Oceanic Foods Ltd stock-summary
stock-summary
Oceanic Foods Ltd
Micro Cap
FMCG
Oceanic Foods Limited was incorporated at Jamnagar, in Gujarat as "Gujarat Oceanic Foods Private Limited", a Private Limited Company, issued by the Registrar of companies. Subsequently, the name of the Company was changed to "Oceanic Foods Private Limited" dated January 18, 1994. Further, the Company was converted into a Public Limited and the name of the Company was changed to "Oceanic Foods Limited" on August 22, 2016.
Company Coordinates stock-summary
Company Details
Opp Brooke Bond Factory, PN Marg Jamnagar Gujarat : 361002
stock-summary
Tel: 91-0288-2757366/77
stock-summary
accounts@oceanicfoods.com
Registrar Details
Link Intime India Pvt Ltd, C-13 Pannalal Silk Compound, L B S Marg, Bhandup , Mumbai