Oricon Enterprises Ltd.
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ABOUT
KEY POINTS
Revenue Breakup Mar 2026 • Packaging - Discontinuing Operation: 52.2% • Others: 30.4% • Petrochemicals - Discontinuing Operation: 17.4%
AI Sector View
AI GENERATEDCapital Goods
Capital goods is supported by strong public capex and still-expansionary industrial activity. Capital expenditure rose 66% YoY (2026-06), GST collections grew 8% YoY (2026-07), and the core industries Overall Index increased 5.4% YoY (2026-07). E-way bills slowed to 6% YoY (2026-07) and sector FPI flows show INR -9697 crore net outflow over 3 months to 2026-08-31, but the investment cycle and fiscal impulse remain favorable.
PROS
- Company has delivered good profit growth of 44.9% CAGR over last 5 years
- Company is almost debt free
- Company has consistently been profitable over the last 5 years
- Latest quarter profit grew 25.8% YoY, showing strong momentum
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.42x)
CONS
- Company is loss-making at the operating / net level
- A large part of profit comes from other income (269.8% of PBT)
- Operating cash flow has been negative in recent years
- Company has a low return on capital employed of 1.0%
- Company has a low return on equity of 0.5% over last 3 years
- Company's sales have been declining over the last five years
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| EPL | 239.35 | 19.79 | 7666.72 | 1.04 | 100.60 | -0.79 | 1387.90 | 25.27 | 18.06 | 19.01 |
| AGI | 762.30 | 13.62 | 4931.88 | 0.92 | 99.35 | 11.82 | 785.27 | 14.19 | 17.97 | 22.26 |
| UFLEX | 653.10 | 6.91 | 4716.13 | 0.46 | 423.08 | 629.70 | 5366.03 | 39.82 | 7.04 | 16.58 |
| TCPLPACK | 3875.20 | 30.53 | 3526.43 | 0.65 | 40.01 | 79.28 | 492.97 | 17.86 | 17.47 | 17.43 |
| MOLDTKPAC | 676.70 | 35.33 | 2248.60 | 0.74 | 17.32 | -4.05 | 177.92 | 10.48 | 13.44 | 17.86 |
| KNACK | 183.40 | 24.20 | 2244.18 | 0.00 | 305.28 | — | 2624.59 | — | 31.77 | 20.35 |
| HUHTAMAKI | 254.00 | 22.68 | 1918.26 | 0.79 | 43.73 | 75.34 | 750.02 | 26.71 | 13.07 | 10.02 |
| ORICONENT | 51.69 | 28.06 | 811.78 | 0.39 | 15.49 | 25.84 | 7.19 | -80.51 | 2.83 | -207.77 |
| PYRAMID | 155.10 | 18.20 | 570.53 | 0.32 | 10.45 | 32.05 | 222.49 | 35.82 | 12.31 | 9.11 |
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 21 | 28 | 64 | 30 | 31 | 18 | 24 | 7 | 37 | 9 | 18 | 15 | 7 | |
| 29 | 36 | 73 | 41 | 39 | 25 | 31 | 19 | 46 | 20 | 25 | 41 | 23 | |
| Operating Profit | -8 | -8 | -9 | -11 | -9 | -7 | -7 | -11 | -9 | -10 | -7 | -26 | -16 |
| OPM % | -38.75% | -27.71% | -13.71% | -35.04% | -28.26% | -41.01% | -29.73% | -148.79% | -23.66% | -110.96% | -41.22% | -171.68% | -218.24% |
| 6 | 12 | 10 | 12 | 8 | 14 | 12 | 9 | 28 | 20 | 22 | 13 | 36 | |
| Interest | 2 | 2 | 3 | 3 | 4 | 2 | 0 | -0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 2 | 2 | 2 | 3 | 2 | 2 | 2 | 0 | 2 | 1 | 1 | 1 | 1 |
| Profit before Tax | -6 | 1 | -2 | -3 | -6 | 3 | 3 | -2 | 18 | 9 | 14 | -14 | 21 |
| Tax % | 27.35% | -33.87% | 87.88% | 210.57% | 24.64% | 33.73% | 16.30% | 102.60% | 26.35% | 29.75% | 50.69% | 32.48% | 24.42% |
| Net Profit | 0 | 0 | 0 | 0 | 74 | 1,286 | 3 | -0 | 12 | 9 | 9 | -42 | 15 |
| 0.55 | 0.12 | -0.03 | 0.24 | -0.30 | 0.14 | 0.14 | -0.02 | 0.82 | 0.56 | 0.44 | -0.61 | 0.99 |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,167 | 1,014 | 1,119 | 890 | 437 | 504 | 146 | 147 | 47 | 42 | 50 | |
| 1,056 | 945 | 1,014 | 795 | 421 | 478 | 180 | 178 | 83 | 90 | 109 | |
| Operating Profit | 111 | 68 | 105 | 95 | 15 | 26 | -34 | -32 | -37 | -48 | -60 |
| OPM % | 9.54% | 6.76% | 9.42% | 10.68% | 3.53% | 5.10% | -23.37% | -21.53% | -78.54% | -113.53% | -120.34% |
| 55 | 54 | 37 | 35 | 36 | 178 | 21 | 39 | 44 | 82 | 91 | |
| Interest | 22 | 18 | 18 | 17 | 14 | 13 | 7 | 10 | 6 | 1 | 1 |
| Depreciation | 66 | 72 | 75 | 90 | 33 | 32 | 8 | 8 | 5 | 3 | 3 |
| Profit before Tax | 77 | 32 | 49 | 23 | 4 | 158 | -29 | -10 | -4 | 29 | 29 |
| Tax % | 33.28% | 30.11% | 18.40% | -6.49% | 34.56% | 5.60% | 24.74% | 104.29% | 55.40% | 36.44% | 34.47% |
| Net Profit | 51 | 22 | 40 | 24 | 3 | 150 | -22 | 0 | -2 | 18 | 19 |
| EPS | 2.40 | 1.14 | 2.31 | 1.44 | -0.12 | 8.14 | 0.95 | 1.91 | 8.86 | 1.64 | — |
| Dividend Payout % | 19.19% | 43.93% | 21.63% | 55.70% | -401.61% | 12.29% | 52.83% | 26.17% | 5.64% | 12.20% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- -28%
- 5 Years:
- -37%
- 3 Years:
- -34%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 3%
- 5 Years:
- —
- 3 Years:
- 20%
STOCK PRICE CAGR
- 10 Years:
- -1%
- 5 Years:
- 10%
- 3 Years:
- 26%
- 1 Year:
- -8%
RETURN ON EQUITY
- 10 Years:
- 4%
- 5 Years:
- 3%
- 3 Years:
- 1%
- Last Year:
- 2%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 |
| Minority Interest | 157 | 159 | 163 | 157 | 159 | 54 | 0 | 0 | 0 | 0 |
| 865 | 821 | 846 | 834 | 892 | 1,120 | 1,002 | 1,144 | 1,221 | 1,120 | |
| 659 | 541 | 491 | 272 | 215 | 150 | 87 | 112 | 10 | 3 | |
| Trade Payables | 84 | 92 | 89 | 95 | 66 | 71 | 54 | 15 | 32 | 16 |
| 169 | 135 | 167 | 110 | 101 | 108 | 60 | 134 | 40 | 59 | |
| Total Liabilities | 1,966 | 1,779 | 1,787 | 1,500 | 1,464 | 1,535 | 1,234 | 1,436 | 1,335 | 1,229 |
| 835 | 751 | 775 | 755 | 715 | 540 | 550 | 335 | 340 | 253 | |
| Capital Work in Progress | 10 | 15 | 14 | 29 | 22 | 20 | 23 | 16 | 18 | 17 |
| 349 | 281 | 329 | 188 | 286 | 505 | 232 | 395 | 599 | 604 | |
| 394 | 357 | 196 | 131 | 118 | 109 | 105 | 38 | 30 | 7 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37 | 44 | 24 | |
| Cash & Bank | 28 | 43 | 35 | 84 | 63 | 11 | 17 | 11 | 40 | 15 |
| 350 | 333 | 439 | 314 | 260 | 350 | 308 | 603 | 264 | 309 | |
| Total Assets | 1,966 | 1,779 | 1,787 | 1,500 | 1,464 | 1,535 | 1,234 | 1,436 | 1,335 | 1,229 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -19 | 120 | 163 | 288 | 84 | 42 | 31 | 58 | -32 | -2 | |
| Cash from Investing | -200 | 59 | -86 | 8 | -53 | 118 | 74 | -69 | 160 | 17 |
| Cash from Financing | 267 | -160 | -91 | -276 | -15 | -176 | -91 | 1 | -106 | -15 |
| 32 | 1 | -18 | 4 | 15 | -24 | 7 | -10 | 23 | -1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-09-11 - Oricon Enterprises Limited has informed the Exchange regarding 'Letter to Shareholder '. ompany has informed the Exchanges regarding the Letter to the Shareholders whose email addresses are not registered with the Company / Registrar and Transfer Agent/ Depositories, Containing the Weblink and Quick Response (QR) code to access the Notice along with Annual Report of the Company for the Financial year 2025-26
2026-09-08 - Oricon Enterprises Limited has informed the Exchange about Copy of Newspaper Publication for IEPF
2026-09-04 - The Exchange has sought clarification from Oricon Enterprises Limited for the quarter ended 30-Jun-2026 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company is required to clarify the following: The response of the Company is awaited.
2026-08-31 - Oricon Enterprises Limited has informed the Exchange about Copy of Newspaper Publication
2026-08-28 - Oricon Enterprises Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 29, 2026
2026-08-27 - Oricon Enterprises Limited has informed the Exchange about Copy of Newspaper Publication
2026-08-25 - Oricon Enterprises Limited has informed the Exchange that Record date for the purpose of Dividend is 21-Sep-2026.
2026-08-14 - Oricon Enterprises Limited has informed the Exchange about Copy of Newspaper Publication for the quarter ended June 30,2026 Financial Results
2026-08-12 - Oricon Enterprises Limited has informed the Exchange regarding Appointment of Mr as Non- Executive Independent Director of the company w.e.f. November 12, 2026. of Mr. Shravan Malani
News
Recent coverage and analyst commentary for ORICONENT
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