Osel Devices Ltd.

•
₹ 400.554.27%

2026-08-21

oseldevices.comBSE: -NSE: OSELDEVICE
Market Cap₹ 684 Cr.
Current Price₹ 401
High / Low₹ 835 / 357
Stock P/E0.0
Book Value₹ 62
Price to Book3.62
Dividend Yield0.00 %
ROCE31.1 %
ROE30.1 %
Face Value₹ 10

Add ratio to table

ABOUT

KEY POINTS

PROS

  • Company has a good return on equity (ROE) track record: 3 Years ROE 48.1%
  • Company has a healthy return on capital (ROCE) of 40.2%
  • Operating margins have improved to 17.9% from 7.2%
  • Company comfortably covers its interest (9.3x coverage)
  • Attractively priced for its growth - PEG of 0.2
  • Company maintains a comfortable, low leverage position

CONS

  • Operating cash flow has been negative in recent years
  • Receivables are growing faster than sales - a possible quality concern
  • Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.96x)
  • Equity base is being diluted - shares outstanding up 766.7%
  • Working capital days have increased from 41 to 180 days
  • Total debt has risen sharply - up 94.8% year on year

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

Peer comparison

EDIT COLUMNS
HealthcareHealthcareMedical Equipment/Supplies/Accessories
Part ofNIFTY 50NIFTY 500NIFTY LARGEMIDCAP 250NIFTY 100NIFTY 200
S.No.NameCMP Rs.P/EMar Cap Rs.Cr.Div Yld %NP Qtr Rs.Cr.Qtr Profit Var %Sales Qtr Rs.Cr.Qtr Sales Var %ROCE %OPM %
1.LENSKART654.40173.67113820.200.002284.303634.3527141.801332.6912.5521.70
2.POLYMED1766.4056.8217904.490.2085.27-8.39525.3830.3014.0524.11
3.MOLBIO1032.4071.4211897.380.00————19.79—
4.LAXMIDENTL199.3535.511096.850.0010.3223.8374.7016.1324.9620.26
5.3BBLACKBIO1138.5017.60977.140.448.98-28.9933.4950.5926.0325.45
6.OSELDEVICE384.1523.40683.580.00————31.15—
7.GKB61.909.6231.200.001.85387.9933.042.268.827.97
Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

No standalone quarterly results found

We don't have this information yet. Please check back later.

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021
57
55
Operating Profit
3
OPM %
5
Other Income
0
Interest
1
Depreciation
1
2
Tax %
33
Net Profit
1
EPS
10
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
2
Minority Interest
0
Share of Associates
0
Adjusted EPS
2
Mar 2022
65
61
Operating Profit
5
OPM %
7
Other Income
0
Interest
1
Depreciation
1
3
Tax %
29
Net Profit
2
EPS
11
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
2
Minority Interest
0
Share of Associates
0
Adjusted EPS
2
Mar 2023
82
73
Operating Profit
9
OPM %
11
Other Income
0
Interest
1
Depreciation
1
7
Tax %
33
Net Profit
5
EPS
25
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
4
Minority Interest
0
Share of Associates
0
Adjusted EPS
4
Mar 2024
132
110
Operating Profit
23
OPM %
17
Other Income
0
Interest
3
Depreciation
1
19
Tax %
32
Net Profit
13
EPS
11
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
11
Minority Interest
0
Share of Associates
0
Adjusted EPS
11
Mar 2025
186
153
Operating Profit
34
OPM %
18
Other Income
0
Interest
3
Depreciation
1
29
Tax %
31
Net Profit
20
EPS
12
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
12
Minority Interest
0
Share of Associates
0
Adjusted EPS
12

COMPOUNDED SALES GROWTH

10 Years:
—
5 Years:
—
3 Years:
42%

COMPOUNDED PROFIT GROWTH

10 Years:
—
5 Years:
—
3 Years:
111%

STOCK PRICE CAGR

10 Years:
—
5 Years:
—
3 Years:
—
1 Year:
-17%

RETURN ON EQUITY

10 Years:
—
5 Years:
41%
3 Years:
48%
Last Year:
30%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Corporate actions

No bonus data found

Mar 2021
Equity Capital
1
4
7
Trade Payables
5
6
Total Liabilities
23
6
4
0
Cash & Bank
5
8
Total Assets
23
Total Debt
10
Net Working Capital
3
Contingent Liabilities
0
Book Value per Share
36.79
Face Value
10.00
Total Debt
10
Net Working Capital
3
Contingent Liabilities
0
Book Value per Share
36.79
Face Value
10.00
Mar 2022
Equity Capital
2
6
7
Trade Payables
15
3
Total Liabilities
33
5
10
0
Cash & Bank
5
12
Total Assets
33
Total Debt
9
Net Working Capital
4
Contingent Liabilities
0
Book Value per Share
41.00
Face Value
10.00
Total Debt
9
Net Working Capital
4
Contingent Liabilities
0
Book Value per Share
41.00
Face Value
10.00
Mar 2023
Equity Capital
2
10
16
Trade Payables
16
5
Total Liabilities
49
7
18
0
Cash & Bank
1
23
Total Assets
49
Total Debt
18
Net Working Capital
7
Contingent Liabilities
0
Book Value per Share
66.04
Face Value
10.00
Total Debt
18
Net Working Capital
7
Contingent Liabilities
0
Book Value per Share
66.04
Face Value
10.00
Mar 2024
Equity Capital
12
14
16
Trade Payables
36
21
Total Liabilities
99
18
25
27
Cash & Bank
1
27
Total Assets
99
Total Debt
25
Net Working Capital
15
Contingent Liabilities
1
Book Value per Share
21.96
Face Value
10.00
Total Debt
25
Net Working Capital
15
Contingent Liabilities
1
Book Value per Share
21.96
Face Value
10.00
Mar 2025
Equity Capital
16
92
47
Trade Payables
30
12
Total Liabilities
198
17
41
66
Cash & Bank
9
65
Total Assets
198
Total Debt
50
Net Working Capital
92
Contingent Liabilities
0
Book Value per Share
66.93
Face Value
10.00
Total Debt
50
Net Working Capital
92
Contingent Liabilities
0
Book Value per Share
66.93
Face Value
10.00

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021
-3
Cash from Investing
0
Cash from Financing
5
2
Free Cash Flow
-3
OCF / Net Profit
-2.45
Cumulative 5-Year FCF
0
OCF / Net Profit
-2.45
Cumulative 5-Year FCF
0
Mar 2022
3
Cash from Investing
0
Cash from Financing
-2
1
Free Cash Flow
2
OCF / Net Profit
1.21
Cumulative 5-Year FCF
0
OCF / Net Profit
1.21
Cumulative 5-Year FCF
0
Mar 2023
-11
Cash from Investing
-2
Cash from Financing
8
-4
Free Cash Flow
-12
OCF / Net Profit
-2.29
Cumulative 5-Year FCF
0
OCF / Net Profit
-2.29
Cumulative 5-Year FCF
0
Mar 2024
13
Cash from Investing
-13
Cash from Financing
4
4
Free Cash Flow
0
OCF / Net Profit
1.02
Cumulative 5-Year FCF
0
OCF / Net Profit
1.02
Cumulative 5-Year FCF
0
Mar 2025
-38
Cash from Investing
-0
Cash from Financing
53
14
Free Cash Flow
-38
OCF / Net Profit
-1.91
Cumulative 5-Year FCF
0
OCF / Net Profit
-1.91
Cumulative 5-Year FCF
0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021
EPS (₹)
9.99
Book Value (₹)
36.79
Dividend per Share (₹)
0.00
Cash EPS (₹)
2.22
Operating Margin %
5.27%
Net Margin %
2.37%
ROE %
27.16%
ROCE %
16.95%
6.03%
Debtor Days
45
Inventory Days
25
Payable Days
37
33
Debt to Equity (x)
1.97x
Interest Coverage (x)
5.02x
1.18x
Revenue Growth %
0.00%
Operating Profit Growth %
0.00%
Net Profit Growth %
0.00%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2022
EPS (₹)
11.41
Book Value (₹)
41.00
Dividend per Share (₹)
0.00
Cash EPS (₹)
2.33
Operating Margin %
7.18%
Net Margin %
3.25%
ROE %
33.60%
ROCE %
26.49%
7.62%
Debtor Days
51
Inventory Days
40
Payable Days
64
27
Debt to Equity (x)
1.13x
Interest Coverage (x)
3.63x
1.17x
Revenue Growth %
13.58%
Operating Profit Growth %
54.62%
Net Profit Growth %
56.10%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2023
EPS (₹)
25.04
Book Value (₹)
66.04
Dividend per Share (₹)
0.00
Cash EPS (₹)
4.54
Operating Margin %
10.63%
Net Margin %
5.69%
ROE %
46.79%
ROCE %
35.05%
11.35%
Debtor Days
54
Inventory Days
63
Payable Days
83
34
Debt to Equity (x)
1.45x
Interest Coverage (x)
7.01x
1.20x
Revenue Growth %
25.51%
Operating Profit Growth %
85.99%
Net Profit Growth %
119.49%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2024
EPS (₹)
10.99
Book Value (₹)
21.96
Dividend per Share (₹)
0.00
Cash EPS (₹)
11.82
Operating Margin %
17.01%
Net Margin %
9.59%
ROE %
67.41%
ROCE %
54.36%
17.18%
Debtor Days
54
Inventory Days
60
Payable Days
94
20
Debt to Equity (x)
1.00x
Interest Coverage (x)
6.38x
1.23x
Revenue Growth %
61.48%
Operating Profit Growth %
163.46%
Net Profit Growth %
172.19%
-56.10%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
1.55x
Mar 2025
EPS (₹)
12.43
Book Value (₹)
66.93
Dividend per Share (₹)
0.00
Cash EPS (₹)
13.11
Operating Margin %
17.92%
Net Margin %
10.75%
ROE %
30.09%
ROCE %
31.15%
13.53%
Debtor Days
90
Inventory Days
65
Payable Days
85
70
Debt to Equity (x)
0.46x
Interest Coverage (x)
9.32x
2.05x
Revenue Growth %
41.01%
Operating Profit Growth %
46.18%
Net Profit Growth %
58.09%
13.09%
P/E (x)
19.47x
P/B (x)
3.62x
Dividend Yield %
0.00%
12.86x

Shareholding Pattern

Numbers in percentages

TRADES
Sep 2024
71.53
4.13
5.87
Government
0.00
18.46
Mar 2025
71.53
1.83
5.38
Government
0.00
21.26
Sep 2025
65.21
0.59
3.89
Government
0.00
30.31
Mar 2026
65.21
0.15
3.55
Government
0.00
31.09
Jun 2026
64.84
0.18
3.56
Government
0.00
31.42

Documents

Announcements

Nothing filed yet.

Annual Reports

Credit Ratings

Nothing filed yet.

Concalls