Oswal Agro Mills Ltd.

•

oswalagromills.comBSE: 500317NSE: OSWALAGRO

Market Cap₹ 490 Cr.

Current Price

High / Low₹ 81 / 33

Stock P/E—

Book Value₹ 67

Price to Book1.00

Dividend Yield0.00 %

ROCE16.3 %

ROE12.2 %

Face Value₹ 10

Add ratio to table

ABOUT

KEY POINTS

Revenue Breakup Mar 2025 • Real Estate: 92.2% • Investment Activities: 7.6% • Unallocated: 0.2%

AI Sector View

AI GENERATED

Oil Gas & Consumable Fuels

Reduce

Sector economics are clouded by input volatility and uneven volume trends. WPI fuel inflation is very high at 20.05% (Jul/26), crude oil output is -5.3% YoY (2026-07), natural gas is -3.7% YoY (2026-07), and natural gas consumption is -3.0% YoY (2026-06), although refinery products grew 2.7% YoY (2026-07) and coal was 7.6% YoY (2026-07). Heavy FPI outflows of INR -15293 crore over 3 months to 2026-08-31 and negative oil-linked news flow reinforce the underweight.

Confidence

78%

View full sector analysis →

PROS

Company has delivered good profit growth of 73.3% CAGR over last 5 years
Company is almost debt free
Promoters have been increasing their shareholding - up 10.0pp over 2 years
Company has delivered good sales growth of 61.8% CAGR over last 5 years
Operating margins have improved to 82.3% from 33.5%
Company has consistently been profitable over the last 5 years

CONS

Recent results are weak - TTM profit is down 341.9% versus prior year
Company has a low return on capital employed of 6.2%
Company has a low return on equity of 4.5% over last 3 years
Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.35x)
Operating cash flow has been negative in recent years

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

Oil Gas & Consumable FuelsTradingTrading

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name
1.	ADANIENT	2936.00	53.39	397452.96	0.04	-1461.54	-249.67	32923.98	49.92	13.30	15.57
2.	PREMIERENE	998.00	27.21	45304.36	0.10	471.92	53.32	2462.59	35.25	33.72	29.03
3.	AEGISLOG	1270.55	35.64	44596.31	0.68	544.84	210.70	2356.86	37.07	19.76	30.28
4.	CPPLUS	3705.90	91.86	43840.96	0.04	142.20	332.51	1402.42	89.51	29.48	14.52
5.	REDINGTON	371.40	17.07	29035.10	1.62	453.49	94.65	34922.47	34.57	18.96	2.03
6.	HONASA	470.75	61.67	15347.59	0.64	90.45	118.87	755.95	27.00	8.99	14.58
7.	LLOYDSENT	74.20	100.87	11327.02	0.20	109.98	-55.77	563.03	70.15	12.84	18.07
8.	SGMART	826.10	83.74	10411.77	0.00	45.58	41.07	1308.57	14.41	10.43	4.49
9.	MMTC	64.18	21.52	9627.00	0.00	104.24	135.52	0.68	-50.00	33.46	-1423.53
10.	ENTERO	1827.20	63.41	7952.54	0.00	52.05	72.17	1940.50	38.23	10.93	5.00
11.	CELLO	342.50	24.69	7724.69	0.44	73.40	-8.99	526.72	-0.43	17.15	18.80
12.	OSWALAGRO	36.54	0.00	490.49	0.00	5.13	-70.63	0.00	-100.00	16.29	—

Detailed Comparison with:

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
	0	0	0	1	0	0	62	98	19	0	0	0	0
	2	2	2	2	1	2	7	17	4	5	4	4	3
Operating Profit	-1	-2	-2	-1	-1	-2	56	81	15	-5	-4	-4	-3
OPM %	-300.00%	-446.15%	-454.55%	-211.29%	-217.39%	-538.89%	89.58%	82.32%	76.65%	—	-43500.00%	-21700.00%	—
	2	3	3	3	3	2	2	4	4	5	5	-1	4
Interest	0	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	0
Profit before Tax	1	1	1	2	2	0	58	85	19	-1	0	-6	6
Tax %	55.38%	1.33%	-45.83%	119.10%	25.54%	24.24%	25.16%	25.29%	25.25%	-23.68%	34.78%	13.74%	9.61%
Net Profit	0	0	0	0	38	21	44	63	17	18	44	-456	5
	0.32	-0.05	-0.01	0.09	0.28	0.15	3.27	4.70	1.30	0.13	0.32	-3.40	0.38

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
	15	16	22	0	15	29	11	28	2	162	0
	21	22	32	10	31	40	20	37	8	29	17
Operating Profit	-5	-7	-10	-10	-16	-11	-9	-9	-6	133	-17
OPM %	-36.02%	-44.06%	-43.48%	—	-109.22%	-36.60%	-81.36%	-33.72%	-337.80%	82.30%	-56590.00%
	12	19	19	22	26	22	13	26	11	13	13
Interest	0	0	0	0	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0	0	0	0
Profit before Tax	6	11	9	12	10	11	3	16	4	146	-0
Tax %	42.66%	33.46%	-32.35%	20.61%	26.81%	51.27%	16.28%	41.50%	55.13%	25.24%	-11.60%
Net Profit	4	8	12	9	7	5	3	9	2	109	-0
EPS	0.00	0.00	0.00	0.00	0.00	1.73	1.42	1.78	0.34	8.41	—
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	—

COMPOUNDED SALES GROWTH

10 Years:: 14%
5 Years:: 62%
3 Years:: 145%

COMPOUNDED PROFIT GROWTH

10 Years:: 22%
5 Years:: 28%
3 Years:: 81%

STOCK PRICE CAGR

10 Years:: —
5 Years:: 18%
3 Years:: 7%
1 Year:: -52%

RETURN ON EQUITY

10 Years:: 2%
5 Years:: 3%
3 Years:: 5%
Last Year:: 12%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	134	134	134	134	134	134	134	134	134	134
	524	547	574	600	632	655	674	699	703	817
Trade Payables	9	1	1	0	17	3	0	0	0	0
	4	8	-1	-2	-0	1	-1	1	3	8
Total Liabilities	671	690	708	732	783	794	808	834	840	959
	5	5	5	5	5	5	5	5	4	4
	356	493	517	489	455	451	466	566	566	617
	65	65	65	65	65	65	65	65	65	64
	0	0	0	0	0	0	0	0	0	0
Cash & Bank	1	12	2	1	33	98	187	151	76	98
	244	116	119	173	224	174	84	47	130	175
Total Assets	671	690	708	732	783	794	808	834	840	959

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	-112	161	-30	14	-23	-58	7	-10	-82	56
Cash from Investing	101	-145	23	-12	60	32	180	-138	51	-40
Cash from Financing	6	-6	-0	0	-0	-0	-0	-0	-0	-0
	-5	10	-9	-1	32	-31	186	-154	-31	16

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
PER SHARE
EPS (₹)	1.24	2.32	2.03	1.97	2.41	1.73	1.42	1.78	0.34	8.41
Book Value (₹)	49.02	50.78	52.79	54.69	57.06	58.80	60.23	62.05	62.40	70.83
Dividend per Share (₹)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash EPS (₹)	0.28	0.58	0.93	0.71	0.55	0.43	0.23	0.73	0.16	8.13
PROFITABILITY
Operating Margin %	65.08%	76.01%	42.44%	0.00%	68.23%	39.41%	33.48%	59.08%	-337.80%	82.30%
Net Margin %	23.93%	49.36%	54.77%	0.00%	47.66%	18.46%	24.55%	33.56%	93.91%	67.27%
ROE %	0.56%	1.14%	1.76%	1.29%	0.93%	0.69%	0.34%	1.14%	0.21%	12.17%
ROCE %	0.99%	1.73%	1.34%	1.63%	1.28%	1.44%	0.42%	1.97%	0.48%	16.29%
	0.55%	1.12%	1.75%	1.29%	0.92%	0.69%	0.34%	1.14%	0.21%	12.10%
EFFICIENCY
Debtor Days	429	0	364	0	431	234	341	38	0	0
Inventory Days	1032	1527	1059	0	1622	809	2149	847	0	145
Payable Days	292	109	12	0	215	123	45	0	0	0
	1170	1417	1410	0	1837	920	2445	886	0	145
FINANCIAL HEALTH
Debt to Equity (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x
Interest Coverage (x)	105.72x	116.69x	196.97x	229.72x	110.51x	136.88x	34.73x	144.68x	35.80x	1399.40x
	20.46x	33.16x	58.07x	84.29x	12.57x	27.27x	71.81x	50.34x	38.45x	18.11x
GROWTH
Revenue Growth %	-64.36%	2.51%	44.30%	-100.00%	0.00%	100.39%	-62.34%	153.63%	-93.32%	8563.14%
Operating Profit Growth %	-46.83%	19.72%	-19.43%	25.81%	-16.55%	15.75%	-68.01%	347.57%	-73.30%	3210.79%
Net Profit Growth %	-74.97%	111.46%	60.14%	-24.31%	-24.94%	-22.38%	-49.93%	246.78%	-81.31%	6105.77%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-80.85%	2367.24%
VALUATION
P/E (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	122.92x	8.43x
P/B (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.67x	1.00x
Dividend Yield %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	110.34x	5.85x

Shareholding Pattern

Numbers in percentages

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	41.91	41.91	41.91	46.89	46.89	51.88	51.88	51.88	51.88
	0.00	0.01	0.00	0.02	0.10	0.00	0.00	0.03	0.00
	0.33	0.18	0.18	0.18	0.14	0.10	0.10	0.09	0.11
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	57.75	57.90	57.91	52.91	52.87	48.02	48.01	48.00	48.01

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-09-05

Copy of Newspaper Publication

2026-09-05 - Oswal Agro Mills Limited has informed the Exchange about Copy of Newspaper Publication

2026-09-04

Shareholders meeting

2026-09-04 - Oswal Agro Mills Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 29, 2026

2026-08-26

Updates

2026-08-26 - Oswal Agro Mills Limited has informed the Exchange regarding 'Receipt of ISO Certification'.

2026-08-24

Change in Auditors

2026-08-24 - Oswal Agro Mills Limited has informed the Exchange regarding Change in Auditors of the company.

2026-08-24

Updates

2026-08-24 - Oswal Agro Mills Limited has informed the Exchange regarding '4. Appointment of Scrutinizer for the upcoming Annual General Meeting'.

2026-08-24

Updates

2026-08-24 - Oswal Agro Mills Limited has informed the Exchange regarding 'Register of Member and Share Transfer Books of the Company will remain closed from September 22, 2026 to September 29, 2026 (both days inclusive) for taking record of the Members of the Company for the purpose of 46th Annual General Meeting.'.

2026-08-24

Outcome of Board Meeting

2026-08-24 - Oswal Agro Mills Limited has informed the Exchange regarding Outcome of Board Meeting held on August 24, 2026.

2026-08-12

Resignation of Statutory Auditor

2026-08-12 - Oswal Agro Mills Limited has informed the Exchange about Resignation of Statutory Auditor

2026-08-12

Resignation of Statutory Auditor

2026-08-12 - Oswal Agro Mills Limited has informed the Exchange about Resignation of Statutory Auditor

News

Recent coverage and analyst commentary for OSWALAGRO

Loading news…

🤖

AI Stock Analyst

Oswal Agro Mills Ltd.

🔒

Sign in to Chat with AI

✨ Sign In to Chat

Free 5nance Account